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Mahindra EPC Irrigation Limited (MAHEPC.NS)

INR121.59 -1.41 (-1.15%)
IN NSE Industrials Agricultural - Machinery
Address Plot No. H-109 422010
Nashik, IN
CEO Abhijit Page
IPO 2020-02-14
ISIN INE215D01010

Explore sections of this company profile

Also trades on Bombay Stock Exchange · MAHEPC.BO (INR) National Stock Exchange of India · MAHEPC.NS (INR)
Description

Mahindra EPC Irrigation Limited specializes in producing and distributing micro-irrigation solutions across India. Their extensive range of drip irrigation offerings includes both online systems, such as drippers and basic lateral pipes, and various inline drip products like non-pressure compensating cylindrical, pressure compensating cylindrical, flat, pressure compensating flat, and thin-wall flat inline types. They also supply crucial components for these systems, including hydrocyclone, sand, screen, and disc filters, as well as header assemblies. For sprinkler irrigation, they provide sprinkler heads, rapid coupling pipes, and rain guns. The company further offers a selection of pumps, encompassing submersible models for bore wells, monoblock setups, and open wells. In addition, their product portfolio extends to high-density polyethylene (HDPE) pipes and coils, alongside landscape and turf irrigation equipment like valves, nozzles, rotors, and spray bodies. They also produce specialized piping designed for water conveyance and gas distribution networks. Beyond physical products, the firm provides valuable agronomic support and advisory services for crop cultivation and farm management. While primarily serving the domestic Indian market, Mahindra EPC also exports its offerings internationally. Established in 1981 and based in Nashik, India, the enterprise adopted its current name, Mahindra EPC Irrigation Limited, in February 2019, having previously been known as EPC Industrie Limited. It functions as a subsidiary of Mahindra and Mahindra Limited.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR121.59 -1.41 (-1.15%)
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Volume Profile
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Liquidity & share structure
Average Volume
51.9K
Beta
0.42
Float Shares
12.77M
Free Float %
45.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+3.45% -4.27% -7.64% -2.19% -13.27% -14.77% -21.25% +5.91% -33.07% -25.44% -25.44%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
121.59
Quality scores
Altman Z-Score
2.56
Grey zone
Piotroski F-Score
2 / 9
Weak
MOAT Score
4 / 10
Developing
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
3 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Agricultural - Machinery: +5.1%
    +14.5% Q1'26: +11.6% (vs Q1'25)
  • EPS growth Agricultural - Machinery: +10.7%
    +76.0% Q1'26: -23.7% (vs Q1'25)
  • FCF margin FCF growth · Agricultural - Machinery: +31.2%
    -9.7% Q1'26: -10.8% (vs Q1'25)
  • EBIT margin Agricultural - Machinery: +9.5%
    +5.9% Q1'26: +5.8% (vs Q1'25)
  • ROIC Agricultural - Machinery: +7.1%
    +6.0% Q1'26: +8.2% (vs Q1'25)
  • Share dilution Agricultural - Machinery: +0.0%
    +0.0% Q1'26: +0.4% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Agricultural - Machinery: 0.00×
    2.10× Q1'26: 1.61× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.42) × ERP
WACC = 87% × Ke + 13% × Kd (6.9%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 121.59
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2025
actual
Mar 2026
1 Rev. Ana.
1 EPS Ana.
Mar 2027
1 Rev. Ana.
1 EPS Ana.
Mar 2028
1 Rev. Ana.
1 EPS Ana.
Mar 2029
1 Rev. Ana.
1 EPS Ana.
Mar 2030
1 Rev. Ana.
1 EPS Ana.
Mar 2031
1 Rev. Ana.
1 EPS Ana.
Mar 2032
1 Rev. Ana.
1 EPS Ana.
Revenue
1.69B
est: 1.83B (-7.7%)
2.05B
est: 2.29B (-10.6%)
2.01B
est: 2.19B (-8.4%)
2.04B
est: 2.29B (-10.8%)
5.20B
est: 2.46B (+111.6%)
2.83B
est: 2.80B (+1.2%)
2.54B
est: 3.07B (-17.2%)
2.12B
est: 3.43B (-38.3%)
2.73B
est: 2.29B (+19.1%)
2.29B
2.29B – 2.29B
+0.0% YoY
2.19B
2.19B – 2.19B
-4.3% YoY
2.29B
2.29B – 2.29B
+4.3% YoY
2.46B
2.46B – 2.46B
+7.4% YoY
2.80B
2.80B – 2.80B
+13.9% YoY
3.07B
3.07B – 3.07B
+9.6% YoY
3.43B
3.43B – 3.43B
+12.0% YoY
EBITDA
64.32M
est: 48.84M (+31.7%)
130.43M
est: 60.98M (+113.9%)
130.24M
est: 58.35M (+123.2%)
135.89M
est: 60.88M (+123.2%)
211.19M
est: 65.40M (+222.9%)
378.29M
est: 74.53M (+407.6%)
292.59M
est: 81.67M (+258.3%)
-50.03M
est: 91.47M (-154.7%)
163.50M
est: 39.88M (+310.0%)
39.88M
39.88M – 39.88M
+0.0% YoY
38.16M
38.16M – 38.16M
-4.3% YoY
39.81M
39.81M – 39.81M
+4.3% YoY
42.77M
42.77M – 42.77M
+7.4% YoY
48.74M
48.74M – 48.74M
+13.9% YoY
53.41M
53.41M – 53.41M
+9.6% YoY
59.81M
59.81M – 59.81M
+12.0% YoY
EBIT
37.67M
est: 24.59M (+53.2%)
106.48M
est: 30.70M (+246.8%)
111.25M
est: 29.38M (+278.7%)
108.03M
est: 30.65M (+252.4%)
181.32M
est: 32.93M (+450.6%)
340.54M
est: 37.52M (+807.6%)
261.67M
est: 41.12M (+536.4%)
-81.65M
est: 46.05M (-277.3%)
129.90M
est: 10.54M (+1,132.4%)
10.54M
10.54M – 10.54M
+0.0% YoY
10.09M
10.09M – 10.09M
-4.3% YoY
10.52M
10.52M – 10.52M
+4.3% YoY
11.30M
11.30M – 11.30M
+7.4% YoY
12.88M
12.88M – 12.88M
+13.9% YoY
14.12M
14.12M – 14.12M
+9.6% YoY
15.81M
15.81M – 15.81M
+12.0% YoY
Net Income
17.95M
est: 50.30M (-64.3%)
91.82M
est: 125.76M (-27.0%)
99.05M
est: 131.62M (-24.8%)
49.39M
est: 112.34M (-56.0%)
114.44M
est: 164.88M (-30.6%)
230.40M
est: 194.50M (+18.5%)
189.62M
est: 250.39M (-24.3%)
-79.07M
est: 280.02M (-128.2%)
72.10M
est: 125.78M (-42.7%)
125.78M
125.78M – 125.78M
+0.0% YoY
131.65M
131.65M – 131.65M
+4.7% YoY
112.37M
112.37M – 112.37M
-14.6% YoY
164.92M
164.92M – 164.92M
+46.8% YoY
194.55M
194.55M – 194.55M
+18.0% YoY
250.45M
250.45M – 250.45M
+28.7% YoY
280.08M
280.08M – 280.08M
+11.8% YoY
SGA
220.65M
est: 251.69M (-12.3%)
233.70M
est: 314.26M (-25.6%)
307.47M
est: 300.70M (+2.3%)
355.29M
est: 313.73M (+13.2%)
484.48M
est: 337.04M (+43.7%)
513.73M
est: 384.06M (+33.8%)
405.18M
est: 420.86M (-3.7%)
280.50M
est: 471.36M (-40.5%)
370.10M
est: 410.60M (-9.9%)
410.60M
410.60M – 410.60M
+0.0% YoY
392.88M
392.88M – 392.88M
-4.3% YoY
409.91M
409.91M – 409.91M
+4.3% YoY
440.37M
440.37M – 440.37M
+7.4% YoY
501.80M
501.80M – 501.80M
+13.9% YoY
549.88M
549.88M – 549.88M
+9.6% YoY
615.86M
615.86M – 615.86M
+12.0% YoY
EPS
0.65
est: 1.80 (-63.9%)
3.32
est: 4.50 (-26.2%)
3.58
est: 4.71 (-24.0%)
1.78
est: 4.02 (-55.7%)
4.13
est: 5.90 (-30.0%)
8.29
est: 6.96 (+19.1%)
6.81
est: 8.96 (-24.0%)
-2.84
est: 10.02 (-128.3%)
2.58
est: 4.50 (-42.7%)
4.50
4.50 – 4.50
+0.0% YoY
4.71
4.71 – 4.71
+4.7% YoY
4.02
4.02 – 4.02
-14.6% YoY
5.90
5.90 – 5.90
+46.8% YoY
6.96
6.96 – 6.96
+18.0% YoY
8.96
8.96 – 8.96
+28.7% YoY
10.02
10.02 – 10.02
+11.8% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-06-12 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-06-11 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-06-10 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-06-09 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-06-08 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-06-05 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-06-04 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-06-03 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-06-02 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-06-01 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-05-29 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-05-27 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-05-26 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-05-25 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-05-22 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-05-21 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-05-20 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-05-19 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-05-18 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-05-15 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-05-14 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-05-13 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-05-12 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-05-11 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-05-08 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-05-07 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-05-06 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-05-05 B 3/5 1/5 3/5 4/5 2/5 3/5 4/5
2026-05-04 B 3/5 1/5 3/5 4/5 2/5 3/5 4/5
2026-04-30 B 3/5 1/5 3/5 4/5 2/5 3/5 4/5
2026-04-29 B 3/5 1/5 3/5 4/5 2/5 3/5 4/5
2026-04-28 B 3/5 1/5 3/5 4/5 2/5 3/5 4/5
2026-04-27 B 3/5 1/5 3/5 4/5 2/5 3/5 4/5
2026-04-24 B 3/5 1/5 3/5 4/5 2/5 3/5 3/5
2026-04-23 B 3/5 1/5 3/5 4/5 2/5 3/5 3/5
2026-04-22 B 3/5 1/5 3/5 4/5 2/5 3/5 3/5
2026-04-21 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-04-20 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-04-17 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-04-16 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
36.19M
OE per share TTM
1.30
Owner's Yield
1.18%
Maintenance CapEx ratio
151.80%
Maint CapEx / Avg PPE
8.8%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
560.2K
Shares Outstanding
27.95M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Abhijit Page Chief Executive Officer male
Giriraj Mohta Chief Financial Officer male
Madhvendra Pratap Singh Compliance Officer & Company Secretary male
Padamkumar Gandhi Head of Operations male
Rajesh Dhote Head Sales & Marketing male
Ramesh Ramachandran MD & Director male
Ratnakar V. Nawghare Compliance Officer & Company Secretary male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits