Mahindra EPC Irrigation balance sheet

As of Sep 2026

Total assets: ₹345cr+14.8% on Sep 2025
Shareholders' equity: ₹185cr+6.5% on Sep 2025
Total debt: ₹43.2cr+18.4% on Sep 2025
Cash and investments: ₹0.5cr+488.9% on Sep 2025

₹ crore except per share

Tap a line for its trend	H1 FY27Sep 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Current assets
Non-current assets						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	18.1	18.8	17.4	18.0	21.4
	0.5	0.4	0.2	0.1	0.1
	0.1	0.0	0.1	0.1	0.3
	0.2	0.0	0.0	0.0	0.0
	0.0	0.0	0.0	0.0	0.5
	25.9	30.1	3.1	3.8	14.1
	1.7	2.1	1.5	1.6	0.7
	27.5	32.2	4.6	5.3	15.3
	8.5	7.5	8.3	11.3	12.0
	6.3	4.8	9.1	8.5	7.7
	61.1	63.7	39.7	43.3	56.8
	49.2	36.7	41.7	44.5	40.2
	192	217	173	145	114
	0.5	0.0	1.7	0.2	4.4
	2.0	1.6	2.1	2.1	2.6
	1.2	1.0	0.7	0.7	1.1
	196	220	178	148	122
	39.2	31.7	32.3	21.0	34.3
	284	288	252	214	196
	345	352	292	257	253
Equity
	28.0	27.9	27.9	27.9	27.9
	157	157	145	137	136
	185	185	173	165	163
	185	185	173	165	163
Liabilities
	0.5	0.0	0.1	0.3	0.5
	0.5	0.0	0.1	0.3	0.5
	1.0	0.9	0.7	0.5	0.0
	1.5	1.0	0.8	0.8	0.5
	43.2	45.2	25.2	15.4	15.0
	97.9	94.5	71.6	61.3	56.7
	9.0	9.8	10.4	9.6	11.3
	150	150	107	86.3	83.0
	3.2	3.0	2.4	2.2	2.3
	0.8	0.8	0.0	0.0	0.0
	5.7	12.3	8.6	2.5	3.9
	159	166	118	91.0	89.3
	160	167	119	91.8	89.8
	345	352	292	257	253
Trade payables — MSME split
	2.0	1.4	4.1	—	—
	95.9	93.1	67.5	—	—

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

alphave

MAHEPC₹97.87

Mahindra EPC Irrigation Limited

· Capital Goods & Defence

₹ CrorePeersTRF RVTH GUJAPOLLO INTLCONV SOMICONVEY BAJAJINDEF DUCON ATAMMcap ₹273 Cr

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In ₹ Crore except Per Share As of	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/09/2026
Non-current Assets
+ Property, Plant & Equipment	21.4	18.0	17.4	18.8	18.1
+ Capital Work-in-Progress	0.1	0.1	0.2	0.4	0.5
+ Other Intangibles	0.3	0.1	0.1	0.0	0.1
+ Intangibles under Development	0.0	0.0	0.0	0.0	0.2
+ Non-current Investments	0.5	0.0	0.0	0.0	0.0
+ Trade Receivables — Non-current	14.1	3.8	3.1	30.1	25.9
+ Other Non-current Financial Assets	0.7	1.6	1.5	2.1	1.7
Non-current Financial Assets	15.3	5.3	4.6	32.2	27.5
+ Deferred Tax Assets	12.0	11.3	8.3	7.5	8.5
+ Other Non-current Assets	7.7	8.5	9.1	4.8	6.3
Total Non-current Assets	56.8	43.3	39.7	63.7	61.1
Current Assets
+ Inventories	40.2	44.5	41.7	36.7	49.2
+ Trade Receivables	113.7	145.4	173.4	216.9	192.2
+ Cash & Cash Equivalents	4.4	0.2	1.7	0.0	0.5
+ Other Bank Balances	2.6	2.1	2.1	1.6	2.0
+ Other Current Financial Assets	1.1	0.7	0.7	1.0	1.2
Current Financial Assets	121.9	148.4	177.9	219.6	195.9
+ Other Current Assets	34.3	21.0	32.3	31.7	39.2
Total Current Assets	196.4	213.8	251.9	288.0	284.3
Total Assets	253.2	257.1	291.5	351.7	345.4
Equity
+ Equity Share Capital	27.9	27.9	27.9	27.9	28.0
+ Other Equity / Reserves	135.5	137.4	144.7	157.1	157.0
Equity — Owners of Parent	163.4	165.3	172.6	185.1	185.0
Total Equity	163.4	165.3	172.6	185.1	185.0
Liabilities
+ Other Non-current Financial Liab	0.5	0.3	0.1	0.0	0.5
Non-current Financial Liabilities	0.5	0.3	0.1	0.0	0.5
+ Provisions — Non-current	0.0	0.5	0.7	0.9	1.0
Non-current Liabilities	0.5	0.8	0.8	1.0	1.5
+ Borrowings — Current	15.0	15.4	25.2	45.2	43.2
+ Trade Payables	56.7	61.3	71.6	94.5	97.9
+ Other Current Financial Liab	11.3	9.6	10.4	9.8	9.0
Current Financial Liabilities	83.0	86.3	107.2	149.5	150.1
+ Provisions — Current	2.3	2.2	2.4	3.0	3.2
+ Current Tax Liabilities	0.0	0.0	0.0	0.8	0.8
+ Other Current Liabilities	3.9	2.5	8.6	12.3	5.7
Current Liabilities	89.3	91.0	118.1	165.7	159.0
Total Liabilities	89.8	91.8	118.9	166.6	160.4
Total Equity & Liabilities	253.2	257.1	291.5	351.7	345.4
Trade Payables — MSME split
+ Dues to Micro & Small — Current	—	—	4.1	1.4	2.0
+ Dues to Other Creditors — Current	—	—	67.5	93.1	95.9

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

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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%.