What is Mahindra EPC Irrigation Ltd (MAHEPC) share price return in the past 10 years?

Mahindra EPC Irrigation Ltd share price has declined -3.4% annually (CAGR) over the past ten years.

What is the share price of Mahindra EPC Irrigation Ltd (MAHEPC)?

Company share prices are keep on changing according to the market conditions. The current trading price of Mahindra EPC Irrigation Ltd (MAHEPC) on 24-Jun-2026 16:59:59 at 16:59 is 118.50.

What is the P/E ratio of Mahindra EPC Irrigation?

The latest standalone P/E ratio of Mahindra EPC Irrigation as of 24-Jun-2026 is 26.10.

What is the P/B ratio of Mahindra EPC Irrigation Ltd (MAHEPC)?

The latest standalone P/B ratio of Mahindra EPC Irrigation Ltd (MAHEPC) as of 24-Jun-2026 is 1.79.

What is the 52-week high and low of Mahindra EPC Irrigation Ltd (MAHEPC)?

The 52-week high of Mahindra EPC Irrigation Ltd (MAHEPC) is Rs. 184.10 and the 52-week low is Rs. 92.15.

Mahindra EPC Irrigation Ltd (MAHEPC) Share Analysis – Quality, Growth & Valuation Zone & DeciZen Rating

Name: Mahindra EPC Irrigation Ltd (MAHEPC)
Brand: Mahindra EPC Irrigation

Key Metrics

Valuation Multiples

Market Cap

₹331 Cr.

Current Price

₹118.5

52-Week Low / High

₹92 / 184

TTM EPS

₹4.5

TTM Sales

₹312 Cr.

Book Value per Share

₹66.2

P/E Ratio

26.10

Higher than its 5-year historical median

Industry PE

59.4

Price to Book (P/B)

1.79

Lower than its 5-year historical median

Price to Sales (P/S)

1.06

Lower than its 5-year historical median

EV/EBITDA

14.82

Lower than its 5-year historical median

Dividend Yield

Profitability Efficiency

Return on Equity (ROE)

7.10%

Underperforms industry median

Return on Capital Employed (ROCE)

9.41%

Underperforms industry median

Return on Assets (ROA)

4.04%

Operating Profit Margin

6.9%

Net Profit Margin

4.07%

Gross Profit Margin

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Improving versus 3-year growth rate

14.46%

Operating Profit Growth (1 Year)

54.99%

Net Profit Growth (1 Year)

76.01%

Asset Quality

Promoter Holding

54.20%

Pledged shares (%) of Promoter's holding (%)

0.00%

Reserves

₹157 Cr.

Equity

₹28 Cr.

Face Value

₹10

All Time Low / High

₹1.15 / 237.00

Mahindra EPC Irrigation stock performance

Key Ratios

Check Before You Invest

Quality

Locked

Valuation

Locked

Price Trend

Locked

Q.1 Is Mahindra EPC Irrigation Ltd a good quality company?

Mahindra EPC Irrigation Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

How does Mahindra EPC Irrigation Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Mahindra EPC Irrigation Ltd vs industry peers?

Mahindra EPC Irrigation Ltd revenue CAGR is 4.19%, compared to the industry median CAGR of 3.04%, indicating faster growth and gaining its market share.

Q.1 Promoter shareholding and pledge status of Mahindra EPC Irrigation Ltd?

Promoters hold 54.20% of the Mahindra EPC Irrigation Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Stock return of Mahindra EPC Irrigation Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of -1.8% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26	TTM
ROCE % ⓘ	8.7%	7.8%	12.3%	20.4%	14%	-4.8%	-7.3%	2.9%	6.9%	9.4%	-
Value Creation Index ⓘ	-0.4	-0.4	-0.1	0.5	0	-1.3	-1.5	-0.8	-0.5	-0.3	-
Growth Parameters ⓘ
Sales ⓘ	201	205	260	284	254	212	210	262	273	312	312
Sales YoY Gr.	-	1.8%	27.1%	9.2%	-10.5%	-16.6%	-0.7%	24.8%	3.9%	14.5%	-
Adj EPS ⓘ	3.6	1.6	4.1	8.4	6.9	-2.8	-4.3	0.8	2.6	5.1	4.5
YoY Gr.	-	-55%	153.4%	105.2%	-17.6%	-140.9%	NA	NA	225%	94.6%	-
BVPS (₹) ⓘ	48.2	50.2	53.8	61.1	66.8	62.5	58.4	59.1	61.7	66.2	66.2
Adj Net Profit ⓘ	9.9	4.5	11.3	23.2	19.2	-7.9	-12	2.2	7.3	14.1	13
Cash Flow from Ops. ⓘ	-5	-14.7	4.8	9.6	11	-23.1	19	1.6	-4.4	-16.3	-
Debt/CF from Ops. ⓘ	-0.1	-0.3	0.7	1.4	0	-1.1	0.8	9.8	-5.7	-2.8	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	5%	4.2%	14.1%	14.5%
Adj EPS ⓘ	3.9%	-6%	NA	94.6%
BVPSⓘ	3.6%	-0.2%	4.3%	7.2%
Share Price	-3.4%	-5.2%	4.8%	-18.6%

Key Financial Parameters ⓘ

	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26	TTM
Return on Equity % ⓘ	7.7	3.3	7.8	14.5	10.8	-4.3	-7.1	1.4	4.3	7.9	6.9
Op. Profit Mgn % ⓘ	6.4	6	7.8	13	10.2	-2.6	-6.2	2.3	5.1	6.9	6.9
Net Profit Mgn % ⓘ	4.9	2.2	4.4	8.2	7.6	-3.7	-5.7	0.9	2.7	4.5	4.1
Debt to Equity ⓘ	0	0	0	0.1	0	0.1	0.1	0.1	0.2	0.2	0
Working Cap Days ⓘ	229	268	248	260	319	402	388	295	317	334	179
Cash Conv. Cycle ⓘ	143	163	129	109	132	183	174	141	167	156	87

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26
Sales	201	205	260	284	254	212	210	262	273	312
Operating Expenses ⓘ +	188	192	240	247	228	217	224	257	259	291
Manufacturing Costs	9	11	16	21	18	17	25	32	50	62
Material Costs	114	112	141	134	133	133	126	139	125	140
Employee Cost	23	24	25	26	27	30	29	31	32	35
Other Costs ⓘ	41	46	59	65	49	37	43	54	52	53
Operating Profit ⓘ	13	12	20	37	26	-5	-13	6	14	22
Operating Profit Margin (%)	6.3%	6.0%	7.8%	13.0%	10.2%	-2.6%	-6.3%	2.2%	5.1%	6.9%
Other Income ⓘ +	2	2	1	1	3	0	3	3	2	4
Exceptional Items ⓘ	0	0	0	0	0	-1	-0	-0	0	-2
Interest ⓘ	2	1	1	2	1	2	2	3	2	3
Depreciation ⓘ	3	3	3	4	3	3	3	3	3	3
Profit Before Tax ⓘ	10	10	17	32	25	-11	-16	2	11	17
Tax ⓘ	-0	5	5	9	6	-3	-4	1	4	4
Profit After Tax	10	5	11	23	19	-9	-12	2	7	13
PAT Margin (%)	4.9%	2.4%	4.4%	8.2%	7.6%	-4.1%	-5.8%	0.6%	2.6%	4.1%
Adjusted EPS (₹)	3.6	1.8	4.1	8.4	6.9	-3.1	-4.4	0.6	2.6	4.5
Dividend Payout Ratio (%)	0%	28.10%	24.30%	14.30%	17.40%	0%	0%	0%	0%	0%

Valuation of Mahindra EPC Irrigat - Standalone

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26
Equity and Liabilities
Shareholders Fund +	133	139	149	170	186	174	163	165	172	185
Share Capital ⓘ	28	28	28	28	28	28	28	28	28	28
Reserves ⓘ	106	111	121	142	158	146	135	137	144	157
Debt +	0	4	3	13	0	25	15	15	25	45
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	0	3	3	13	0	25	15	15	25	45
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	34	38	53	66	64	62	57	61	72	95
Others Liabilities ⓘ	11	13	13	10	12	10	7	4	14	20
Total Liabilities ⓘ	179	194	218	259	262	271	241	246	283	344
Fixed Assets
Net Fixed Assets ⓘ +	25	25	24	28	26	23	22	21	20	19
Gross Block	65	67	70	76	77	77	78	81	83	79
Accumulated Depreciation	39	42	45	49	52	54	57	60	63	61
CWIP ⓘ	1	0	0	0	0	0	0	0	0	0
Investments ⓘ	5	0	2	2	2	1	0	0	0	0
Inventories	32	35	26	36	34	36	40	44	42	37
Trade Receivables	91	107	125	129	140	138	114	145	173	217
Cash Equivalents	12	5	3	13	6	2	7	2	4	2
Others Assets ⓘ	13	23	38	52	55	71	58	32	44	70
Total Assets ⓘ	179	194	218	259	262	271	241	246	283	344

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26
Cash Flow From Operating Activity ⓘ +	-5	-15	5	10	11	-23	19	2	-4	-16
PBT ⓘ	10	10	17	32	25	-11	-16	2	11	17
Adjustment ⓘ	7	6	7	12	5	9	11	14	10	9
Changes in Working Capital ⓘ	-19	-29	-14	-22	-11	-18	25	-15	-23	-42
Tax Paid ⓘ	-2	-2	-6	-12	-8	-2	-2	1	-2	0
Cash Flow From Investing Activity ⓘ +	-4	6	-3	-2	-1	-1	-2	-2	-2	-2
Capex	-3	-2	-2	-3	-1	-1	-2	-2	-2	-2
Net Investments	-4	5	-2	0	0	0	-0	1	0	-0
Others ⓘ	4	2	1	1	0	-0	0	0	0	0
Cash Flow From Financing Activity ⓘ +	-1	3	-3	3	-17	20	-12	-4	7	17
Net Proceeds from Shares ⓘ	0	0	0	0	0	25	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-0	-0	-1	-3	-0	-2	-2	-4	-2	-3
Dividend Paid ⓘ	0	0	-2	-3	-3	-3	0	0	0	0
Others ⓘ	-0	3	-0	9	-13	-0	-10	0	9	20
Net Cash Flow ⓘ	-9	-6	-0	11	-7	-4	4	-4	1	-2

Financial Ratio

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26
Ratios
ROE (%)	7.71	3.63	7.94	14.6	10.79	-4.78	-7.27	1.02	4.28	7.1
ROCE (%)	8.66	7.81	12.34	20.39	14.02	-4.77	-7.25	2.86	6.87	9.41
Asset Turnover Ratio	1.17	1.1	1.26	1.19	0.98	0.81	0.84	1.1	1.05	1.01
PAT to CFO Conversion(x)	-0.5	-3	0.45	0.43	0.58	N/A	N/A	1	-0.57	-1.23
Working Capital Days
Receivable Days	151.20	176.80	162.70	162.90	192.60	235.50	213.50	176.30	210.30	224.10
Inventory Days	54.70	59.90	42.70	39.90	50.40	59.70	64.70	57.60	56.90	45
Payable Days	95.60	118	117.80	160.40	178	172.60	171.40	154.70	193.30	215.90

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Mahindra EPC Irrigation Ltd FAQs

The current trading price of Mahindra EPC Irrigat on 24-Jun-2026 16:59 is ₹118.5.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 23-Jun-2026 the market cap of Mahindra EPC Irrigat stood at ₹331.2 Cr

The latest P/E ratio of Mahindra EPC Irrigat as of 23-Jun-2026 is 26.10.

The latest P/B ratio of Mahindra EPC Irrigat as of 23-Jun-2026 is 1.79.

The 52-week high of Mahindra EPC Irrigat is ₹184.1 and the 52-week low is ₹92.15.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Mahindra EPC Irrigat is ₹312 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Mahindra EPC Irrigation Ltd is a below average quality company.

The key valuation ratios of Mahindra EPC Irrigation Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Mahindra EPC Irrigation Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Mahindra EPC Irrigation Ltd

Mahindra EPC Irrigation (Mahindra EPC) (formerly known as EPC Industries) is listed subsidiary company of the Mahindra & Mahindra (M&M) and one of the pioneers of Micro Irrigation in India. The company officially changed its name to Mahindra EPC Irrigation in 2019 following its acquisition by the Mahindra Group. The company enables farmers to Rise through Sustainable Precision Farming Solutions across Micro Irrigation, Water Management, Automation, Community Irrigation and Protected Cultivation. Mahindra EPC is a part of Mahindra Agriculture Business. Mahindra EPC provides customized end to end Irrigation and Water Management solutions to individual farmers as well as communities and stands out for superior quality. This is made possible through the company’s Multi State Presence, Technical Expertise, Superior Manufacturing Facilities, Wide range of Quality Products as well as Highly Qualified and Capable team. The company is also known for its Quality Services in the space of Irrigation Planning, Design, Installation, Agronomy, After sales Services - In person as well as through Digital delivery.

Business area of the company

The company is engaged in the business of Micro Irrigation Systems such as Drip and Sprinklers, Agricultural Pumps, Greenhouses and Land Scape Products. The company manufactures, sales, and markets a wide range of drip and sprinkler irrigation systems, automation, and allied agricultural solutions for both individual farmers and community irrigation projects, supported by a strong pan-India network of channel partners and multi-locational manufacturing facilities.

Businesses

Seeds: It provides superior quality seeds through its own indigenous R&D program in Hyderabad. The focus of R&D Program is development of unique germplasm for traits of importance and novelty, development and testing commercially competent products for the farmers and dedicated R &D team has enabled it to launch premium products in Rice, Corn and Pearl millet. It also boast of a rich portfolio of vegetable seeds such as Hot Pepper, Okra, Melons, Tomatoes and others.
Crop Care: Its JV with Sumitomo corporation - Japan, Mahindra Summit, offers new generation Agro chemicals and biological products to manage pests, aid growth of plants, besides offering a whole range of crop care solutions. With a JV partner, who is known across the globe for their expertise in sourcing new age Agro-chemicals from leading Japanese Ag-chem giants, its crop care business is poised to deliver newer cutting-edge molecules for Indian farmers.
Seed Potato: Mahindra HZPC, its joint venture with HZPC - Netherlands, global leaders in seed potatoes, provides global varieties of seed potatoes for Indian farmers. With state-of-the-art Aeroponics Facility in Mohali, and another production facility in Palampur, MHZPC is able to multiply and deliver superior quality, virus-free seeds to farmers and leading potato processing companies in India. The company's portfolio boasts of several varieties of seed potatoes across three distinct use cases.
Micro Irrigation: Mahindra EPC Irrigation (MEIL) is the company’s publicly listed Micro Irrigation company which was acquired in 2011. Micro Irrigation has been shown to not only save water by 50% but also increase productivity for farmers. EPC provides industry leading, high-quality Drip Irrigation solutions and Sprinklers to farmers. With its main production plant in Nasik, satellite plants in Baroda and Coimbatore, and a distribution network of many dealers, EPC covers the length and breadth of India.
Fruits: Market linkage has always been a challenge for farmers and horticulture farmers are amongst the worst affected unbacked by the MSP schemes and facing the challenge of middlemen and unsupportive infrastructure. Mahindra has sought to mitigate this by focusing on an underexplored avenue for farmers - Exports. The company works with many farmers in Nasik, Baramati and Sangli to enable them to export high quality Grapes with globally acceptable residue levels to destinations like Europe, China, UK, South East Asia and others.

Mahindra EPC Irrigation Ltd (MAHEPC)

Mahindra EPC Irrigation Ltd (MAHEPC)

Mahindra EPC Irrigation stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Mahindra EPC Irrigat - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Mahindra EPC Irrigation Ltd FAQs

About Mahindra EPC Irrigation Ltd

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Mahindra EPC Irrigation Ltd (MAHEPC)

Mahindra EPC Irrigation Ltd (MAHEPC)

Mahindra EPC Irrigation stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Mahindra EPC Irrigat - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Mahindra EPC Irrigation Ltd FAQs

What is the share price of Mahindra EPC Irrigat?

What is the market cap of Mahindra EPC Irrigat?

What is the P/E ratio of Mahindra EPC Irrigat?

What is the P/B ratio of Mahindra EPC Irrigat?

What is the 52-week high and low of Mahindra EPC Irrigat?

What is the TTM revenue of Mahindra EPC Irrigat?

Is Mahindra EPC Irrigation Ltd a good quality company?

Is Mahindra EPC Irrigation Ltd undervalued or overvalued?

Is Mahindra EPC Irrigation Ltd a good buy now?

About Mahindra EPC Irrigation Ltd

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.