Mahindra EPC Irrigation
Mahindra EPC Irrigation Ltd valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Mahindra EPC Irrigation Ltd, framed against the sector median so the premium or discount is obvious at a glance.
Mahindra EPC Irrigation Ltd trades at a P/E of 24.21× and P/B of 1.66×.
Valuation
Profitability
Growth
Financial Health
Mahindra EPC Irrigation Ltd financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for Mahindra EPC Irrigation Ltd, switchable between annual and quarterly views, consolidated or standalone.
Mahindra EPC Irrigation Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹317.17 Cr and reported EPS of ₹4.54.
| Period | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 260 | 284 | 254 | 212 | 210 | 262 | 273 | 312 |
| Other Income | 1 | 1 | 3 | 0 | 3 | 3 | 2 | 4 |
| Total Income | 261 | 285 | 257 | 212 | 213 | 266 | 275 | 316 |
| Cost of Goods Sold (COGS) | 141 | 134 | 133 | 133 | 126 | 139 | 125 | 140 |
| Gross Profit | 119 | 150 | 121 | 78 | 84 | 123 | 147 | 172 |
| +Operating Expenses | 99 | 113 | 95 | 84 | 97 | 117 | 133 | 150 |
| EBITDA | 20 | 37 | 26 | -5 | -13 | 6 | 14 | 22 |
| +Non-Operating Expenses | 4 | 6 | 4 | 5 | 5 | 5 | 6 | 4 |
| Profit Before Tax (PBT) | 17 | 32 | 25 | -10 | -16 | 2 | 11 | 17 |
| +Tax Expense | 5 | 9 | 6 | -3 | -4 | 1 | 4 | 4 |
| Profit After Tax (PAT) | 11 | 23 | 19 | -8 | -12 | 2 | 7 | 13 |
| Earnings Per Share (EPS) | 4.07 | 8.29 | 6.81 | -2.84 | -4.41 | 0.60 | 2.58 | 4.54 |
| Diluted Shares Outstanding (Nos.) | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| +Additional Disclosures | 385 | 387 | 365 | 355 | 355 | 402 | 390 | 437 |
| Sales Growth % | — | 9.17 | -10.47 | -16.63 | -0.74 | 24.76 | 3.89 | 14.46 |
| YoY Sales Growth % | — | 9.17 | -10.47 | -16.63 | -0.74 | 24.76 | 3.89 | 14.46 |
| Material Cost % | 52 | 48 | 51 | 64 | 63 | 52 | 45 | 44 |
| Employee Cost % | 9 | 9 | 11 | 14 | 14 | 12 | 12 | 11 |
| Other Cost % | 29 | 30 | 27 | 25 | 32 | 33 | 37 | 37 |
| OPM % | 8 | 13 | 10 | -3 | -6 | 2 | 5 | 7 |
| Tax % | 32 | 28 | 24 | 26 | 24 | 31 | 33 | 25 |
| Profit Growth % | — | 103.99 | -17.70 | -141.70 | -55.68 | 113.57 | 331.74 | 76.01 |
| Gross Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Margin % | 0.00 | 0.00 | 0.00 | -0.00 | -0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 | -0.00 | -0.00 | 0.00 | 0.00 | 0.00 |
| Additional Fields | 17 | 33 | 23 | -9 | -16 | 3 | 11 | 18 |
Mahindra EPC Irrigation segment analysis: revenue and profit mix.
Disclosed business segments at Mahindra EPC Irrigation with their share of revenue and profit, switchable between consolidated and standalone reporting.
Mahindra EPC Irrigation discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
Mahindra EPC Irrigation Ltd investment thesis: bull case, bear case, and the flip lines.
Why someone would buy Mahindra EPC Irrigation Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
Mahindra EPC Irrigation Ltd's investment case rests on 6 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
Mahindra EPC Irrigation Ltd. shows robust recent financial performance with a remarkable 319.46% quarterly net profit growth and 34.73% sales increase, signaling a strong operational turnaround.
Promoters hold a stable and significant stake, consistently above 54% (e.g., 54.21% as of 2025-03-01). This reflects strong management confidence and stability in the company's long-term vision.
Operating in the 'Industrial Products' industry within the 'Capital Goods' sector, the company is strategically positioned in a segment vital for infrastructure development and industrial growth.
As a player in the Capital Goods sector, the company is well-positioned to capitalize on government infrastructure initiatives and increasing private investment, driving future demand.
With recent strong quarterly sales growth of 34.73%, the company has a clear opportunity to expand its market share and strengthen its competitive position within the Industrial Products segment.
What can break it.
The company's P/E ratio of 54.00 appears quite high, particularly when contrasted with its low Return on Capital Employed (ROCE) of 6.85%, potentially indicating an overvalued stock.
A reported Return on Equity (ROE) of 0.00% is a significant concern, highlighting the company's inability to effectively generate profits for its shareholders from their invested equity.
Despite recent positive quarters, the company has a history of inconsistent profitability, with several past quarters reporting negative net profits, indicating potential operational challenges.
The absence of DII holding (0.00%) and consistently very low FII holding (e.g., 0.01% to 0.60%) suggests a notable lack of institutional investor confidence or interest in the company.
A dividend yield of 0.00% indicates that the company is not currently distributing any portion of its profits to shareholders, which could potentially deter income-focused investors.
What would change my mind.
Trim if P/E re-rates above 31. The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 24.99. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 8%. The operating engine is no longer compounding capital efficiently.
Mahindra EPC Irrigation Ltd peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Mahindra EPC Irrigation Ltd is highlighted for quick read-across.
Quick Compare
Peer Comparison
Mahindra EPC Irrigation Ltd technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Mahindra EPC Irrigation Ltd — derived from the live tape, not yesterday's close.
Mahindra EPC Irrigation Ltd last traded at ₹113.1 with an intraday range of ₹111.01–₹114.66 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹113.10| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 122.14 | +9.04 | +7.99% |
| R3 | 118.49 | +5.39 | +4.76% |
| R2 | 116.57 | +3.47 | +3.07% |
| R1 | 114.84 | +1.74 | +1.54% |
| PIVOT | 112.92 | -0.18 | -0.16% |
| CURRENT | 113.10 | — | — |
| S1 | 103.89 | -9.21 | -8.15% |
| S2 | 107.54 | -5.56 | -4.92% |
| S3 | 109.27 | -3.83 | -3.38% |
| S4 | 111.19 | -1.91 | -1.69% |
MAHEPC is trading Above CPR, indicating Bullishness
CPR is Average
Day's range: 111.01 ~ 112.5
Trading Above opening range, showing Bullishness
Mahindra EPC Irrigation Ltd delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Mahindra EPC Irrigation Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Mahindra EPC Irrigation Ltd stood at 34.2% of traded volume, against a 20-day average of 57.4%.
Mahindra EPC Irrigation announcements: results, concalls, ratings, M&A.
Filings Mahindra EPC Irrigation sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Mahindra EPC Irrigation files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 75 documents below.
Copy of Newspaper Publication
Mahindra EPC Irrigation Limited has informed the Exchange about Copy of Newspaper Publication intimating the shareholders about opening of a…
Awarding of order(s)/contract(s)
Mahindra EPC Irrigation Limited has informed the Exchange about award received in terms of Regulations 30(3), 30(4) read with Para B, Part A of…
Awarding of order(s)/contract(s)
Mahindra EPC Irrigation Limited has informed the Exchange about Awarding of order(s)/contract(s) for supply of Micro Irrigation Systems under…
Copy of Newspaper Publication
Mahindra EPC Irrigation Limited has informed the Exchange about Re-submission of Newspaper Publication regarding Corrigendum to the Notice and Annual…
Copy of Newspaper Publication
Mahindra EPC Irrigation Limited has informed the Exchange about Copy of Newspaper Publication
Mahindra EPC Irrigation dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Mahindra EPC Irrigation has declared, sequenced by announce and record date.
Mahindra EPC Irrigation corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Mahindra EPC Irrigation Ltd: business, sector, key facts.
What Mahindra EPC Irrigation Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Mahindra EPC Irrigation Ltd operates in the Industrials, listed as NSE: MAHEPC, BSE: 523754.
Mahindra EPC Irrigation Limited (MAHEPC) is a leading manufacturer, seller, and marketer of micro-irrigation systems primarily operating in India and Uganda. Their core business revolves around providing comprehensive solutions for efficient water usage in agriculture.
A significant portion of MAHEPC's product portfolio centers on drip irrigation systems. This includes a wide range of products, categorized into online and inline systems. Online systems encompass drippers and plain laterals, while inline systems offer various options like pressure-compensating and non-pressure-compensating flat and round drippers, as well as LITE products. Beyond the core drippers and laterals, they also manufacture a complete suite of components such as filters (sand, disc, screen), header assemblies, valves (various types including pressure relief and control valves), and accessories for aquafit laterals.
MAHEPC's offerings extend beyond drip irrigation to encompass sprinkler irrigation systems, including sprinklers, pipes, fittings, and rainguns. They also provide SMARTFLO automation systems for improved irrigation control and management. Further diversifying their product line, the company offers protected cultivation solutions through greenhouses, HDPE pipes and coils, DIY kits for individual consumers, and mulch sheets. This broad range allows them to cater to diverse agricultural needs and scales of operation.
In addition to its product sales, MAHEPC provides a comprehensive suite of agricultural services. This includes crop advisory services covering land preparation, system selection, irrigation and crop management, and fertigation. They also offer design and project management services specifically for their MEIL drip irrigation systems. Technical support is a key element, with services such as operation and maintenance training and chemical treatment advice completing their offerings. The company also engages in exporting its products to international markets.
Established in 1981 and based in Nashik, India, MAHEPC was formerly known as EPC Industrie Limited before rebranding in 2019. It is a subsidiary of the larger Mahindra and Mahindra Limited, benefitting from the resources and reputation of its parent company. The company’s integrated approach, combining product manufacturing with comprehensive technical services and agricultural expertise, positions it as a significant player in the Indian and increasingly international agricultural irrigation sector.
Questions investors ask about Mahindra EPC Irrigation Ltd (MAHEPC).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Mahindra EPC Irrigation Ltd (MAHEPC)?
The current share price of Mahindra EPC Irrigation Ltd (MAHEPC) is ₹113.1. Today, the stock has gained by ₹3.54 (3.23%), trading in a range of ₹111.01 to ₹114.66. The stock opened at ₹111.5 with a trading volume of 79,849 shares.
02Is Mahindra EPC Irrigation Ltd stock a good investment for long-term?
Mahindra EPC Irrigation Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹317.17 crores, P/E ratio of 24.21, ROE of 7.10%, and ROCE of 6.85%. The dividend yield stands at 0.00%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Mahindra EPC Irrigation Ltd stock?
The 52-week high price of Mahindra EPC Irrigation Ltd (MAHEPC) is ₹185.12, while the 52-week low is ₹91.91. Currently trading at ₹113.1, the stock is 22.7% away from its 52-week low and 38.9% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Mahindra EPC Irrigation Ltd stock at the current price?
Whether to buy Mahindra EPC Irrigation Ltd stock at ₹113.1 depends on multiple factors. The stock is currently trading with a P/E ratio of 24.21 and P/B ratio of 1.66. Today's performance shows a gain of 3.23%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Mahindra EPC Irrigation Ltd and when is the next dividend?
Mahindra EPC Irrigation Ltd offers a dividend yield of 0.00%, which means for every ₹100 invested at the current price of ₹113.1, you can expect to receive approximately ₹0.00 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Mahindra EPC Irrigation Ltd?
Mahindra EPC Irrigation Ltd's key financial metrics include: P/E Ratio: 24.21, P/B Ratio: 1.66, ROE: 7.10%, ROCE: 6.85%, Dividend Yield: 0.00%, EPS: ₹4.54, Book Value: ₹66.23, and Debt-to-Equity: 24.49. The company's market cap stands at ₹317.17 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Mahindra EPC Irrigation Ltd stock performing today in the market?
Mahindra EPC Irrigation Ltd stock opened at ₹111.5 and is currently trading at ₹113.1, showing a gain of ₹3.54 (3.23%). The intraday high is ₹114.66 and low is ₹111.01. The trading volume stands at 79,849 shares, indicating moderate market participation today.
08What is the P/E ratio of Mahindra EPC Irrigation Ltd and what does it indicate?
Mahindra EPC Irrigation Ltd has a Price-to-Earnings (P/E) ratio of 24.21, which means investors are willing to pay ₹24.21 for every ₹1 of earnings. With an EPS of ₹4.54, this P/E ratio indicates moderate valuation in line with market standards. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Mahindra EPC Irrigation Ltd (MAHEPC) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
Related
Peers, sector trends, screeners and strategy playbooks contextual to this stock.
- The Anup Engineering (ANUP) Share PricePeer
- Atam Valves (ATAM) Share PricePeer
- Indef Manufacturing (BAJAJINDEF) Share PricePeer
- Centum Electronics (CENTUM) Share PricePeer
- Cyient DLM (CYIENTDLM) Share PricePeer
- Top Gainers TodayScreener
- EMA Crossover ScreenerScreener
- Stock Quality ScorecardScreener
- All Technical ScreenersScreener
- All Trading StrategiesStrategy