Mahindra EPC Irrigation financials

Latest results Q2 FY27 · Jul–Sep 2026
Revenue
₹72.7cr+46.5% on Q2 FY26
Net profit
₹2.2cr+418.6% on Q2 FY26
EBITDA margin
6.4%+3.7 pts on Q2 FY26
EPS
₹0.80+433.3% on Q2 FY26

Quarterly results

Every quarter ›
₹ croreQ2 FY27Q2 FY26Change
Revenue72.749.6+46.5%
EBITDA4.61.4+243.0%
EBITDA margin6.4%2.7%+3.7 pts
Profit before tax3.00.6+410.3%
Net profit2.20.4+418.6%
EPS₹0.80₹0.15+433.3%

Over time

Q2 FY27 · Jul–Sep 2026latest
Revenue₹72.7 crNet profit₹2.2 crNet margin3.1%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
273————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
0.50.01.70.24.4
45.245.225.215.415.0
318————
327312273262210
—+14.5%+3.9%+24.8%—
20.821.613.95.7−13.2
6.3%6.9%5.1%2.2%−6.3%
17.718.410.62.6−16.3
11.412.77.21.7−12.3
3.5%4.1%2.6%0.6%−5.9%
₹4.07₹4.54₹2.58₹0.60−₹4.41
—+76.0%+331.7%+113.6%—
—−19.4−4.41.619.0
—−2.2−2.0−0.1−2.2
−21.6−21.6−6.41.516.9
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

MAHEPC₹97.87

Mahindra EPC Irrigation Limited

· Capital Goods & Defence
₹ CrorePeersTRFRVTHGUJAPOLLOINTLCONVSOMICONVEYBAJAJINDEFDUCONATAMMcap ₹273 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————273.4
- Cash, Equiv & ST Investments4.40.21.70.00.5
+ Total Debt15.015.425.245.245.2
Enterprise Value————318.1
Revenue210.4262.5272.7312.1327.3
Growth %, YoY—+24.8+3.9+14.5—
EBITDA-13.25.713.921.620.8
Margin %-6.282.185.116.926.35
EBIT-16.32.610.618.417.7
Net Income-12.31.77.212.711.4
Margin %-5.850.642.644.073.47
EPS, Adj (current shares)-4.410.602.584.544.07
Growth %, YoY—+113.6+331.7+76.0—
Cash from Operations19.01.6-4.4-19.4—
Capital Expenditures-2.2-0.1-2.0-2.2—
Free Cash Flow16.91.5-6.4-21.6-21.6
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Mahindra EPC Irrigation financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

Mahindra EPC Irrigation (NSE: MAHEPC) had a market capitalisation of ₹268 crore at the 29 October 2026 close (₹95.79 a share), a PE ratio of 23.5 on the last four quarters' profit and a price-to-book ratio of 1.45. In FY26 its consolidated net profit was ₹12.7 crore on revenue of ₹312 crore; in Q2 FY27 (July–September 2026) it was ₹2.2 crore, up 418.6% year on year. Its debt-to-equity ratio was 0.23 on 30 September 2026. Promoters held 54.18% of the shares on 30 September 2026.

Share price used
₹95.79 · 29 October 2026 close
Latest balance sheet
30 September 2026
Shareholding pattern
30 September 2026

Mahindra EPC Irrigation at a glance · consolidated

Market cap
₹268 Crat ₹95.79 · 29 Oct close
PE ratio (last 4 quarters)
23.521.1 on FY26 profit
Price to book (PB)
1.45book value ₹66.20 a share
ROE (FY26)
7.1%+2.8 pts vs FY25ROCE 10.3%
Debt to equity
0.23net debt ₹40.6 Cr
Promoter holding
54.18%unchanged vs 30 Jun 202630 September 2026
Net worth
₹185 Cr+6.5% vs 30 Sep 202530 September 2026
Free cash flow (FY26)
−₹21.6 Cr
EPS (FY26)
₹4.54

Questions

What is the Mahindra EPC Irrigation PE ratio today?

Mahindra EPC Irrigation's PE ratio is 23.5 at the 29 October 2026 close (₹95.79 a share): a market capitalisation of ₹268 crore divided by consolidated net profit of ₹11.4 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹12.7 crore) it is 21.1.

What is the Mahindra EPC Irrigation net worth?

Mahindra EPC Irrigation's net worth — shareholders' equity in its consolidated balance sheet — was ₹185 crore on 30 September 2026, up 6.5% from ₹174 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹268 crore at the 29 October 2026 close.

What is the Mahindra EPC Irrigation book value per share?

Mahindra EPC Irrigation's book value per share was ₹66.20 on 30 September 2026: shareholders' equity of ₹185 crore divided by the 2.79 crore shares in issue, up 9.2% from ₹60.61 a year earlier. The share price at the 29 October 2026 close was ₹95.79.

What is the Mahindra EPC Irrigation PB ratio (price to book value)?

Mahindra EPC Irrigation's price-to-book (PB) ratio is 1.45 at the 29 October 2026 close: a market capitalisation of ₹268 crore divided by shareholders' equity (book value) of ₹185 crore on 30 September 2026. That is a book value of ₹66.20 per share against a share price of ₹95.79.

What is the Mahindra EPC Irrigation ROE and ROCE?

In FY26, Mahindra EPC Irrigation's return on equity (ROE) was 7.1% and its return on capital employed (ROCE) was 10.3%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 4.3% and ROCE 6.2%.

What is the Mahindra EPC Irrigation shareholding pattern?

On 30 September 2026, Mahindra EPC Irrigation's shares were held by promoters 54.18%, foreign portfolio investors (FII/FPI) 0.03%, domestic institutions (DII) 0.00% (including mutual funds at 0.00%) and retail and other non-institutional investors 45.79%. Over the year, FII holding was up 0.01 percentage points from 0.02% and DII holding was unchanged.

What is the Mahindra EPC Irrigation market cap?

Mahindra EPC Irrigation's market capitalisation was ₹268 crore at the 29 October 2026 close: 2.79 crore shares at ₹95.79 each.

Is Mahindra EPC Irrigation debt free?

No. Mahindra EPC Irrigation had borrowings of ₹43.2 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.23. Its cash and current investments were ₹2.6 crore, so its net debt was ₹40.6 crore.

What is the Mahindra EPC Irrigation EPS?

Mahindra EPC Irrigation's basic earnings per share (EPS) were ₹4.54 in FY26, against ₹2.58 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹4.06.

What is the Mahindra EPC Irrigation debt to equity ratio?

Mahindra EPC Irrigation's debt-to-equity ratio was 0.23 on 30 September 2026: borrowings of ₹43.2 crore against total equity of ₹185 crore. A year earlier, on 30 September 2025, it was 0.21.

What is the Mahindra EPC Irrigation promoter holding?

Promoters held 54.18% of Mahindra EPC Irrigation on 30 September 2026, unchanged from the previous quarter and down 0.02 percentage points from 54.20% a year earlier, according to the shareholding pattern filed with NSE.

What is the Mahindra EPC Irrigation revenue and profit in FY26?

In FY26 (April 2025–March 2026), Mahindra EPC Irrigation's consolidated net profit was ₹12.7 crore, up 76.0% from ₹7.2 crore in FY25, on revenue from operations of ₹312 crore (up 14.5%).

What is the Mahindra EPC Irrigation free cash flow?

In FY26, Mahindra EPC Irrigation generated ₹19.4 crore of cash from operations and spent ₹2.2 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹21.6 crore. In FY25 it was −₹6.4 crore.

What are the Mahindra EPC Irrigation latest quarterly results?

Mahindra EPC Irrigation's latest results are for Q2 FY27 (July–September 2026), filed on 15 October 2026: consolidated net profit ₹2.2 crore, up 418.6% from ₹43 lakh in Q2 FY26; revenue from operations ₹72.7 crore, up 46.5% year on year.

When are the Mahindra EPC Irrigation next results?

Mahindra EPC Irrigation has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.

How does Mahindra EPC Irrigation compare with its peers?

On FY26 consolidated figures, against TRF, Revathi Equipment India and Gujarat Apollo Industries: Mahindra EPC Irrigation's operating margin of 5.9% is the third highest of the four (TRF 6.8%, Revathi Equipment India 10.1%, Gujarat Apollo Industries −30.9%; peer average −4.7%); its return on equity of 7.1% is the second highest of the four (TRF −5.3%, Revathi Equipment India 10.4%, Gujarat Apollo Industries 1.2%; peer average 2.1%).

Mahindra EPC Irrigation vs TRF: how do they compare?

In FY26, Mahindra EPC Irrigation earned net profit of ₹12.7 crore on revenue of ₹312 crore, against ₹4.5 crore on ₹85 crore for TRF. Mahindra EPC Irrigation's operating margin was 5.9% (TRF 6.8%) and its return on equity 7.1% (TRF −5.3%). At the 29 October 2026 close, Mahindra EPC Irrigation's market capitalisation was ₹268 crore against ₹215 crore for TRF.

Where do these Mahindra EPC Irrigation figures come from?

From Mahindra EPC Irrigation's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.