Flash Finance

Mahindra EPC Irrigation LimitedMAHEPCCorporate

Plastics Products Latest results: Sep 2026 15 quarters of data
Consolidated Standalone
₹106.95
MCap ₹300 Cr · P/E 26.4
Mahindra EPC Irrigation Limited — Stock analysis & AI research Mahindra EPC Irrigation Limited — Seasonality — best & worst months Mahindra EPC Irrigation Limited — Technical setup — score, trend, support & resistance Mahindra EPC Irrigation Limited — Live exchange announcements
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹73 Cr
Sales · Sep 2026
+46.5% YoY
₹5 Cr
Operating Profit · Sep 2026
+243.0% YoY
6.4%
OPM % · Sep 2026
+137.0% YoY
₹2 Cr
Net Profit · Sep 2026
+418.6% YoY
₹0.80
EPS · Sep 2026
+433.3% YoY

📝 Mahindra EPC Irrigation Limited — results explained

Quarter ended September 2026 (Q2 FY27)

Mahindra EPC Irrigation Limited reported revenue of ₹73 crore for the quarter ended September 2026 (Q2 FY27), up 46.5% from ₹50 crore in the same quarter last year, and up 34.1% sequentially over the June 2026 quarter.

Net profit rose 418.6% year-on-year to ₹2 crore, from ₹0 crore. Earnings per share (EPS) came in at ₹0.80.

Operating profit stood at ₹5 crore — an operating margin (OPM) of 6.4%, compared with 2.7% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Mahindra EPC Irrigation Limited posted revenue of ₹312 crore, a growth of 14.5% over FY25, with a net profit of ₹13 crore (up 76.0% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹327 crore with a net profit of ₹11 crore.

Valuation snapshot

At the current price of ₹106.95, MAHEPC has a market capitalisation of ₹300 crore and a trailing P/E of about 26.4.

Within the Plastics Products industry, it is the 19th-largest of the 34 companies we track by market value.

Shareholding pattern

As of Mar 2026, promoters held 54.20%, foreign institutional investors (FIIs) 0.02%, public shareholders 45.76% of Mahindra EPC Irrigation Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹300 Cr
Current Price ?
₹107.0
P/E ?
26.41above ind
Industry P/E ?
25.60
P/B ?
1.62
P/S ?
0.92
P/FCF ?
-16.68
Enterprise Value ?
₹345 Cr
EV/EBITDA ?
16.62
PEG ?
0.56
Earnings Yield ?
5.1%
Dividend Yield ?
0.00%
Profitability & Returns
Sales (TTM) ?
₹327 Cr
OPM ?
6.3%
Profit after tax (TTM) ?
₹11 Cr
EPS (TTM) ?
₹4.05
ROCE ?
10.0%
ROE ?
6.1%
ROA ?
3.2%
Growth
Sales — latest qtr ?
₹73 Cr
PAT — latest qtr ?
₹2 Cr
YoY qtr sales growth ?
46.5%
YoY qtr profit growth ?
418.6%
Sales growth (3y) ?
14%
Sales growth (5y) ?
4%
Profit growth (3y) ?
47%
Profit growth (5y) ?
-6%
Financial Health
Debt ?
₹45 Cr
Debt to Equity ?
0.24
Interest Coverage ?
5.9
Current Ratio ?
N/A
Ownership
Promoter holding ?
54.20%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
-4.0%
Return 6 months ?
-14.9%

🗓️ Quarterly results (15 quarters · ₹ Cr)

same fiscal quarter as Sep bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026 YoY % QoQ %
Sales 7153588071455081966250931075473 +46.5% +34.1%
Operating Profit 30141-2-3101031107-15 +243.0% +440.4%
Other Income 200030102012100 -63.4% +0.0%
Interest 011110101111111 +52.5% +14.0%
Depreciation 111111111111111 -5.1% +4.2%
Profit Before Tax 3-1-122-4-4991196-33 +410.3% +203.9%
Net Profit 3-1-121-3-3661065-22 +418.6% +204.2%
EPS 0.98-0.29-0.240.600.53-0.94-0.992.272.240.350.152.321.71-0.770.80 +433.3% +203.9%
OPM % 4.2% 0.2% 1.0% 4.8% 1.6% -5.2% -5.9% 11.9% 10.0% 4.4% 2.7% 11.2% 6.6% -2.5% 6.4% +137.0% +356.0%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹273 Cr ₹312 Cr ₹327 Cr +14.5%
Operating Profit ₹14 Cr ₹22 Cr ₹21 Cr +55.0%
OPM % 5.11% 6.92% 6.35% +35.4%
NPM % 2.64% 4.07% 3.47% +54.2%
Other Income ₹2 Cr ₹4 Cr ₹3 Cr +52.9%
Depreciation ₹3 Cr ₹3 Cr ₹3 Cr -6.0%
Interest ₹2 Cr ₹3 Cr ₹4 Cr +37.7%
EBIT ₹11 Cr ₹18 Cr ₹18 Cr +74.4%
PBT ₹11 Cr ₹17 Cr ₹15 Cr +58.6%
Tax ₹4 Cr ₹3 Cr ₹2 Cr -22.0%
Net Profit ₹7 Cr ₹13 Cr ₹11 Cr +76.0%
EPS ₹2.58 ₹4.53 ₹4.06 +75.6%
Material Cost ₹126 Cr ₹93 Cr ₹111 Cr -25.7%
Employee Cost ₹32 Cr ₹25 Cr ₹25 Cr -22.1%
Extraordinary Items — ₹2 Cr ₹2 Cr —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 28282828 +0.0%
Reserves 136137145157 +8.3%
Borrowings 15162545 +80.0%
Other Liabilities 757694121 +28.7%
Total Liabilities 253257292352 +20.5%
Fixed Assets 22212019 -5.0%
CWIP 0000 —
Investments 0000 —
Other Assets 231236271332 +22.5%
Total Assets 253257292352 +20.5%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 192-4-16 -300.0%
Cash from Investing Activity -2-2-2-2 +0.0%
Cash from Financing Activity -12-4717 +142.9%
Net Cash Flow 4-41-2 -300.0%
Free Cash Flow 17-1-6-18 -200.0%
CFO/OP -152%15%-18%-76% -322.2%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 197202232254 +9.5%
Inventory Days 11611612196 -20.7%
Days Payable 164161208246 +18.3%
Cash Conversion Cycle 150158145103 -29.0%
Working Capital Days 174168174141 -19.0%
ROCE % -7%3%7%10% +42.9%

👥 Shareholding (latest 4 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026 % Chg
Promoters 54.20%54.20%54.20%54.20% +0.0%
FIIs 0.07%0.02%0.01%0.02% +100.0%
Public 45.72%45.78%45.78%45.76% -0.0%
No. of Shareholders 28,65329,16826,63426,252 -1.4%

⚖️ Peer comparison

Industry: Plastics Products · top 25 of 34 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 SHAILY Shaily Engineering ₹3,117.50 14,339 81.1 1,024 176 28.7% 17.2% 25.9% 81.9% 13.8% 16.7%
2 TIMETECHNO Time Technoplast ₹180.20 8,895 17.5 6,446 498 14.3% 7.7% 11.9% 20.8% 25.1% 22.1%
3 KINGFA Kingfa Science ₹5,824.50 7,893 35.0 2,222 225 14.2% 10.1% 14.4% 21.0% 49.1% 101.6%
4 SJS S.J.S. Enterprises ₹2,078.30 6,702 31.5 1,007 211 28.7% 21.0% 25.7% 44.7% 24.3% 112.6%
5 RESPONIND Responsive Industries ₹158.70 4,231 41.8 1,248 101 15.4% 8.1% 14.7% -5.9% -43.1% -94.5%
6 COOLCAPS Cool Caps ₹343.00 4,035 466.6 531 8 1.0% 1.5% — — 85.9% -57.1%
7 NILKAMAL Nilkamal ₹1,893.20 2,835 22.7 3,715 125 9.3% 3.4% 14.1% 8.3% -7.2% 59.2%
8 PRINCEPIPE Prince Pipes ₹245.30 2,713 26.5 2,627 103 10.3% 3.9% 6.3% 201.5% 2.2% 6.4%
9 APOLLOPIPE Apollo Pipes ₹542.20 2,381 — 1,125 -15 4.3% -1.3% -6.5% -86.3% 7.4% -236.2%
10 JISLJALEQS Jain Irrigation ₹29.50 2,164 — 6,362 -69 12.0% -1.1% 10.7% -255.0% -2.4% -259.1%
11 JAICORPLTD Jai ₹94.73 1,663 18.2 539 91 13.0% 17.0% -3.9% 152.0% 20.1% -73.0%
12 JISLDVREQS Jain Irrigation ₹20.66 1,515 — — — — — — — — —
13 ARROWGREEN Arrow Greentech ₹825.90 1,246 19.5 247 64 35.0% 25.9% -17.0% -26.0% 111.2% 151.2%
14 PREMIERPOL Premier Polyfilm ₹95.89 1,004 27.2 376 37 14.4% 9.8% 9.4% 22.6% 39.7% 22.5%
15 RMDRIP R M ₹22.92 981 16.5 207 35 25.4% 16.9% 33.8% 36.3% 34.5% 7.0%
16 PPL Prakash Pipes ₹267.00 639 12.9 826 48 8.3% 5.9% 1.0% -48.8% 18.9% 64.2%
17 ESFL Essen Speciality ₹155.75 387 — 163 -4 0.3% -2.5% -5.8% -136.4% -28.2% -93.8%
18 KRITI Kriti Industries ₹60.00 316 — 536 -8 4.7% -1.6% -18.6% 126.3% -22.7% -130.5%
19 MAHEPC Mahindra EPC ₹102.49 288 25.2 327 11 6.3% 3.5% 14.5% 76.0% 46.5% 418.6%
20 PILITA PIL ITALICA ₹7.44 175 44.6 101 3 7.2% 3.1% 8.2% -14.0% -30.5% -87.9%
21 TEXMOPIPES Texmo Pipes ₹51.86 151 9.6 388 15 9.1% 3.9% -4.0% -22.5% 11.6% 23.2%
22 MASTER Master Components ₹312.00 125 16.8 74 7 16.5% 10.0% — — 52.4% -12.8%
23 AVSL AVSL Industries ₹202.85 108 60.0 150 2 11.3% 1.3% — — 4.3% 0.0%
24 BEARDSELL Beardsell ₹24.84 98 9.1 282 11 8.1% 3.8% 2.5% 16.3% 10.0% -22.1%
25 REXPIPES Rex Pipes&Cables ₹85.90 81 18.2 121 5 7.0% 4.1% — — 0.0% -25.0%
❓ Frequently asked questions
What was Mahindra EPC Irrigation Limited's revenue in Q2 FY27?
Mahindra EPC Irrigation Limited reported revenue of ₹73 crore for the quarter ended September 2026 (Q2 FY27), up 46.5% from ₹50 crore in the same quarter last year, and up 34.1% sequentially over the June 2026 quarter.
What was Mahindra EPC Irrigation Limited's net profit in Q2 FY27?
Net profit rose 418.6% year-on-year to ₹2 crore, from ₹0 crore. Earnings per share (EPS) came in at ₹0.80.
What is MAHEPC's market capitalisation and P/E ratio?
At the current price of ₹106.95, MAHEPC has a market capitalisation of ₹300 crore and a trailing P/E of about 26.4.
Who owns Mahindra EPC Irrigation Limited? (shareholding pattern)
As of Mar 2026, promoters held 54.20%, foreign institutional investors (FIIs) 0.02%, public shareholders 45.76% of Mahindra EPC Irrigation Limited.
TTM ends 2026-09-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI