About Mahindra Epc Irrigation Limited
Data last updated:
Mahindra Epc Irrigation Limited is a public limited company based in Nashik, Maharashtra, India, a subsidiary of Mahindra And Mahindra Limited. It operates in the agricultural support and advisory segment of the agriculture sector. It was incorporated on 28 November 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L25200MH1981PLC025731. Its GSTIN is 27AAACE2659J1ZI (Maharashtra). The company holds 19 GST registrations, of which 14 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 523754 and NSE: MAHEPC.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹27.95 Cr. It was formerly known as Exomet Plastics and Chemicals Private Limited and Epc Industrie Limited. It is led by directors including Ramesh Ramachandran (Managing Director) and Rajeev Goyal.
Its last annual general meeting (AGM) was held on 29 May 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Plot No.H – 109 MIDC Ambad Nashik, Maharashtra, India – 422010.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹312.09 Cr, a growth of 14.5% compared to the previous year. For the same year it recorded a net profit of ₹14.18 Cr (net margin 4.5%) and EBITDA of ₹19.59 Cr (EBITDA margin 6.3%). The net worth stands at ₹185.05 Cr (up 7.2% YoY). Total assets are valued at ₹231.27 Cr (up 16.4% YoY).
The company is associated with 3 brands: Mahindra Irrigation, EPC Industries and EPC Industrié. As per MCA filings, the company has open charges of ₹104.52 Cr and satisfied charges of ₹166.88 Cr on record. Court records list 71 cases involving the company, including 63 filed by the company and 8 filed against it; 35 cases are pending. The company has 33 deals on record (22 market trades, 6 funding rounds, 4 secondary share transfers), with disclosed funding of ₹71.49 Cr; the latest was in August 2025.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website epcmahindra.com.
Company details
Name history
Mahindra Epc Irrigation has undergone 4 name changes throughout its history. The current legal name is Mahindra Epc Irrigation Limited.
| Company Name | Status |
|---|---|
| Mahindra Epc Irrigation Limited | Current |
| Exomet Plastics And Chemicals Private Limited | Previous |
| Epc Industrie Limited | Previous |
| Epc Industrie Private Limited | Previous |
| Epc Irrigation Limited | Previous |
CIN history
Mahindra Epc Irrigation has one previous CIN (Corporate Identification Number): U25200MH1981PTC025731. The current CIN is L25200MH1981PLC025731, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L25200MH1981PLC025731 | Current |
| U25200MH1981PTC025731 | Previous |
Contact details
Mahindra Epc Irrigation Limited's registered office is in Nashik, Maharashtra. Its website is epcmahindra.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.H – 109 MIDC Ambad Nashik, Maharashtra, India – 422010
- IndustryAgriculture, Agri Support Services
To see the full contact details of Mahindra Epc Irrigation Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Mahindra Epc Irrigation operates multiple associated brands including Mahindra Irrigation, EPC Industries, and EPC Industrié. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Micro-irrigation systems and agricultural solutions are manufactured. | epcind.com | |
| Micro-irrigation and water management solutions are provided. | epcmahindra.com | |
| Irrigation systems and agricultural services are provided by Mahindra Irrigation in the agriculture sector. | mahindrairrigation.com |
Business activity
The main business activity of Mahindra Epc Irrigation is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Mahindra Epc Irrigation Limited, buy the company report.
Financials of Mahindra Epc Irrigation Limited
FY 2025-26 filings availableMahindra Epc Irrigation Limited reported revenue of ₹312.09 Cr (up 14.5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 312 | 273 | 262 | 210 | 212 | 254 | 284 |
| Revenue growth | +14.5% | +3.9% | +24.8% | -0.7% | -16.6% | -10.5% | - |
| EBITDA | 19.59 | 13.93 | 5.23 | (13.49) | (5.84) | 25.73 | 36.60 |
| EBITDA margin | +6.3% | +5.1% | +2.0% | -6.4% | -2.8% | +10.1% | +12.9% |
| Profit before tax | 16.99 | 10.71 | 2.43 | (16.03) | (10.52) | 25.08 | 32.15 |
| Net profit | 14.18 | 7.21 | 1.67 | (12.31) | (7.96) | 18.96 | 23.02 |
| Net profit margin | +4.5% | +2.6% | +0.6% | -5.9% | -3.8% | +7.5% | +8.1% |
| EPS (₹) | 4.54 | 2.58 | 0.60 | (4.41) | (2.84) | 6.81 | 8.29 |
| Balance sheet | |||||||
| Total assets | 231 | 199 | 182 | 179 | 201 | 187 | 184 |
| Net worth | 185 | 173 | 165 | 163 | 175 | 186 | 170 |
| Total debt | 45.31 | 25.40 | 15.90 | 15.15 | 25.19 | 0.03 | 13.11 |
| Cash & bank | 1.60 | 3.79 | 2.28 | 7.03 | 2.14 | 6.15 | 12.84 |
| Net working capital | 168 | 159 | 138 | 122 | 125 | 116 | 111 |
| Cash flow | |||||||
| Cash from operations | (16.28) | (4.39) | 1.58 | 19.03 | (23.13) | 11.01 | 9.64 |
| Cash from investing | (2.09) | (1.53) | (1.67) | (2.40) | (0.96) | (1.06) | (2.10) |
| Cash from financing | 16.71 | 7.41 | (4.13) | (12.25) | 19.71 | (16.64) | 3.17 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 72.65 | 54.16 | 107 | 93.47 | 49.58 | 62.04 | 95.89 | 81.45 |
| Revenue growth (YoY) | +46.5% | -12.7% | +11.6% | +14.8% | -0.9% | +36.9% | - | - |
| Other income | 0.30 | 0.30 | 1.00 | 1.75 | 0.82 | 0.13 | 1.54 | 0.15 |
| EBITDA | 4.63 | (1.36) | 7.04 | 8.46 | 1.35 | 2.74 | 9.59 | 9.66 |
| EBITDA margin | +6.4% | -2.5% | +6.6% | +9.1% | +2.7% | +4.4% | +10.0% | +11.9% |
| Depreciation | 0.75 | 0.72 | 0.79 | 0.78 | 0.79 | 0.80 | 0.94 | 0.81 |
| Interest | 1.22 | 1.07 | 0.89 | 0.69 | 0.80 | 0.76 | 0.76 | 0.47 |
| Profit before tax | 2.96 | (2.85) | 6.36 | 8.74 | 0.58 | 1.31 | 9.43 | 8.53 |
| Tax | 0.73 | (0.71) | 1.57 | 2.25 | 0.15 | 0.33 | 3.18 | 2.18 |
| Net profit | 2.23 | (2.14) | 4.79 | 6.49 | 0.43 | 0.98 | 6.25 | 6.35 |
| EPS (₹) | 0.80 | (0.77) | 1.71 | 2.32 | 0.15 | 0.35 | 2.24 | 2.27 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 312 | 273 | 262 | 210 | 212 | 254 | 284 |
| Revenue growth | +14.5% | +3.9% | +24.8% | -0.7% | -16.6% | -10.5% | - |
| EBITDA | 19.59 | 13.93 | 5.23 | (13.42) | (6.54) | 25.96 | 36.85 |
| EBITDA margin | +6.3% | +5.1% | +2.0% | -6.4% | -3.1% | +10.2% | +13.0% |
| Profit before tax | 16.99 | 10.71 | 2.43 | (15.96) | (11.22) | 25.31 | 32.40 |
| Net profit | 14.18 | 7.21 | 2.01 | (12.03) | (7.54) | 19.19 | 23.27 |
| Net profit margin | +4.5% | +2.6% | +0.8% | -5.7% | -3.6% | +7.6% | +8.2% |
| EPS (₹) | 4.54 | 2.58 | 0.60 | (4.39) | (3.09) | 6.89 | 8.38 |
| Balance sheet | |||||||
| Total assets | 231 | 199 | 182 | 179 | 201 | 187 | 184 |
| Net worth | 185 | 173 | 165 | 163 | 175 | 187 | 171 |
| Total debt | 45.31 | 25.40 | 15.90 | 15.15 | 25.19 | 0.03 | 13.11 |
| Cash & bank | 1.60 | 3.79 | 2.28 | 7.03 | 2.14 | 6.15 | 12.84 |
| Net working capital | 168 | 159 | 138 | 122 | 125 | 116 | 111 |
| Cash flow | |||||||
| Cash from operations | (16.28) | (4.39) | 1.58 | 19.03 | (23.13) | 11.01 | 9.64 |
| Cash from investing | (2.09) | (1.53) | (1.67) | (2.40) | (0.96) | (1.06) | (2.10) |
| Cash from financing | 16.71 | 7.41 | (4.13) | (12.25) | 19.71 | (16.64) | 3.17 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 72.65 | 54.16 | 107 | 93.47 | 49.58 | 62.04 | 95.89 | 81.45 |
| Revenue growth (YoY) | +46.5% | -12.7% | +11.6% | +14.8% | -0.9% | +36.9% | - | - |
| Other income | 0.30 | 0.30 | 1.00 | 1.75 | 0.82 | 0.13 | 1.54 | 0.15 |
| Total expenses | 68.02 | 55.52 | 99.96 | 85.01 | 48.23 | 59.30 | 86.30 | 71.79 |
| EBITDA | 4.63 | (1.36) | 7.04 | 8.46 | 1.35 | 2.74 | 9.59 | 9.66 |
| EBITDA margin | +6.4% | -2.5% | +6.6% | +9.1% | +2.7% | +4.4% | +10.0% | +11.9% |
| Depreciation | 0.75 | 0.72 | 0.79 | 0.78 | 0.79 | 0.80 | 0.94 | 0.81 |
| Interest | 1.22 | 1.07 | 0.89 | 0.69 | 0.80 | 0.76 | 0.76 | 0.47 |
| Profit before tax | 2.96 | (2.85) | 6.36 | 8.74 | 0.58 | 1.31 | 9.43 | 8.53 |
| Tax | 0.73 | (0.71) | 1.57 | 2.25 | 0.15 | 0.33 | 3.18 | 2.18 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 72.65 | 54.16 | 107 | 93.47 | 49.58 | 62.04 | 95.89 | 81.45 |
| Revenue growth (YoY) | +46.5% | -12.7% | +11.6% | +14.8% | -0.9% | +36.9% | - | - |
| Other income | 0.30 | 0.30 | 1.00 | 1.75 | 0.82 | 0.13 | 1.54 | 0.15 |
| EBITDA | 4.63 | (1.36) | 7.04 | 8.46 | 1.35 | 2.74 | 9.59 | 9.66 |
| EBITDA margin | +6.4% | -2.5% | +6.6% | +9.1% | +2.7% | +4.4% | +10.0% | +11.9% |
| Depreciation | 0.75 | 0.72 | 0.79 | 0.78 | 0.79 | 0.80 | 0.94 | 0.81 |
| Interest | 1.22 | 1.07 | 0.89 | 0.69 | 0.80 | 0.76 | 0.76 | 0.47 |
| Profit before tax | 2.96 | (2.85) | 6.36 | 8.74 | 0.58 | 1.31 | 9.43 | 8.53 |
| Tax | 0.73 | (0.71) | 1.57 | 2.25 | 0.15 | 0.33 | 3.18 | 2.18 |
| Net profit | 2.23 | (2.14) | 4.79 | 6.49 | 0.43 | 0.98 | 6.25 | 6.35 |
| EPS (₹) | 0.80 | (0.77) | 1.71 | 2.32 | 0.15 | 0.35 | 2.24 | 2.27 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 312 | 273 | 262 | 210 | 212 | 254 | 284 |
| Revenue growth | +14.5% | +3.9% | +24.8% | -0.7% | -16.6% | -10.5% | - |
| Other income | 3.70 | 2.42 | 3.06 | 2.76 | 0.46 | 3.09 | 1.33 |
| Total expenses | 292 | 259 | 257 | 224 | 218 | 228 | 247 |
| Employee cost | 34.66 | 31.81 | 31.39 | 29.17 | 30.13 | 27.50 | 26.49 |
| EBITDA | 19.59 | 13.93 | 5.23 | (13.49) | (5.84) | 25.73 | 36.60 |
| EBITDA margin | +6.3% | +5.1% | +2.0% | -6.4% | -2.8% | +10.1% | +12.9% |
| Depreciation | 3.16 | 3.36 | 3.15 | 3.08 | 3.16 | 3.09 | 3.80 |
| Interest | 3.14 | 2.28 | 2.71 | 2.22 | 1.98 | 0.65 | 1.98 |
| Profit before tax | 16.99 | 10.71 | 2.43 | (16.03) | (10.52) | 25.08 | 32.15 |
| Tax | 4.30 | 3.50 | 0.76 | (3.72) | (2.61) | 6.11 | 9.12 |
| Net profit | 14.18 | 7.21 | 1.67 | (12.31) | (7.96) | 18.96 | 23.02 |
| Net profit margin | +4.5% | +2.6% | +0.6% | -5.9% | -3.8% | +7.5% | +8.1% |
| EPS (₹) | 4.54 | 2.58 | 0.60 | (4.41) | (2.84) | 6.81 | 8.29 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 27.94 | 27.93 | 27.91 | 27.89 | 27.84 | 27.84 | 27.78 |
| Reserves & surplus | 157 | 145 | 137 | 136 | 148 | 158 | 142 |
| Shareholders' funds (net worth) | 185 | 173 | 165 | 163 | 175 | 186 | 170 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 25.18 | 5.00 | 15.42 | 15.00 | 25.19 | 0.00 | 13.00 |
| Unsecured loans | 20.13 | 20.40 | 0.48 | 0.15 | 0.00 | 0.03 | 0.11 |
| Total debt | 45.31 | 25.40 | 15.90 | 15.15 | 25.19 | 0.03 | 13.11 |
| Total liabilities | 231 | 199 | 182 | 179 | 201 | 187 | 184 |
| Assets | |||||||
| Gross block | 79.48 | 83.07 | 81.00 | 78.42 | 77.26 | 77.26 | 76.26 |
| Net block | 18.84 | 20.49 | 21.43 | 21.67 | 22.96 | 25.61 | 27.58 |
| Capital work in progress | 0.35 | 0.24 | 0.09 | 0.10 | 0.21 | 0.30 | 0.10 |
| Investments | 0.00 | 0.00 | 0.00 | 0.48 | 0.76 | 1.17 | 1.40 |
| Inventories | 36.73 | 41.70 | 44.46 | 40.22 | 36.05 | 34.29 | 35.88 |
| Sundry debtors | 217 | 173 | 145 | 114 | 138 | 140 | 129 |
| Cash & bank balances | 1.60 | 3.79 | 2.28 | 7.03 | 2.14 | 6.15 | 12.84 |
| Loans & advances | 32.75 | 33.02 | 21.75 | 35.41 | 27.21 | 17.49 | 13.07 |
| Total current assets | 288 | 252 | 214 | 196 | 203 | 198 | 190 |
| Total current liabilities | 120 | 92.80 | 75.43 | 74.20 | 78.51 | 81.09 | 79.78 |
| Net working capital | 168 | 159 | 138 | 122 | 125 | 116 | 111 |
| Total assets | 231 | 199 | 182 | 179 | 201 | 187 | 184 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 1.69 | 0.20 | 4.42 | 0.04 | 4.42 | 11.11 | 0.41 |
| Net cash from operating activities | (16.28) | (4.39) | 1.58 | 19.03 | (23.13) | 11.01 | 9.64 |
| Net cash from investing activities | (2.09) | (1.53) | (1.67) | (2.40) | (0.96) | (1.06) | (2.10) |
| Net cash from financing activities | 16.71 | 7.41 | (4.13) | (12.25) | 19.71 | (16.64) | 3.17 |
| Net change in cash | (1.66) | 1.49 | (4.22) | 4.38 | (4.38) | (6.69) | 10.70 |
| Closing cash | 1.60 | 3.79 | 2.28 | 7.03 | 2.14 | 6.15 | 12.84 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +14.5% | +3.9% | +24.8% | -0.7% | -16.6% | -10.5% | - |
| EBITDA growth | +40.6% | +166.4% | +138.8% | -131.0% | -122.7% | -29.7% | - |
| PBT growth | +58.6% | +340.7% | +9998.0% | -52.4% | - | -22.0% | +91.5% |
| Net income growth | +96.7% | +331.7% | +113.6% | -54.7% | -142.0% | -17.6% | - |
| Revenue CAGR (3Y) | +14.1% | +8.8% | +1.1% | -9.5% | -6.6% | - | - |
| EBITDA CAGR (3Y) | - | - | -41.2% | - | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +4.1% | +2.6% | +0.6% | -5.9% | -3.7% | +7.5% | +8.1% |
| Return on capital employed | +10.3% | +6.8% | +2.9% | -7.3% | -4.4% | +13.9% | +20.2% |
| Return on net worth | +7.9% | +4.3% | +1.0% | -7.3% | -4.4% | +10.6% | +14.4% |
| Debt / equity | 0.20 | 0.12 | 0.09 | 0.12 | 0.07 | 0.04 | 0.05 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 19.11 | 21.57 | 130.29 | -13.40 | -22.00 | 2.87 | 6.04 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.84 | 3.32 | 3.29 | 2.70 | 2.74 | 3.31 | 3.89 |
| Inventory turnover | 7.96 | 6.33 | 6.20 | 5.52 | 6.03 | 7.25 | 9.16 |
| Debtors turnover | 1.60 | 1.71 | 2.03 | 1.67 | 1.53 | 1.90 | 2.24 |
| EPS (₹) | 4.54 | 2.58 | 0.60 | (4.41) | (2.84) | 6.81 | 8.29 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.20 | 1.20 |
| Book value per share (₹) | 66.23 | 61.80 | 59.22 | 58.59 | 63.00 | 66.84 | 61.28 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 72.65 | 54.16 | 107 | 93.47 | 49.58 | 62.04 | 95.89 | 81.45 |
| Revenue growth (YoY) | +46.5% | -12.7% | +11.6% | +14.8% | -0.9% | +36.9% | - | - |
| Other income | 0.30 | 0.30 | 1.00 | 1.75 | 0.82 | 0.13 | 1.54 | 0.15 |
| Total expenses | 68.02 | 55.52 | 99.96 | 85.01 | 48.23 | 59.30 | 86.30 | 71.79 |
| EBITDA | 4.63 | (1.36) | 7.04 | 8.46 | 1.35 | 2.74 | 9.59 | 9.66 |
| EBITDA margin | +6.4% | -2.5% | +6.6% | +9.1% | +2.7% | +4.4% | +10.0% | +11.9% |
| Depreciation | 0.75 | 0.72 | 0.79 | 0.78 | 0.79 | 0.80 | 0.94 | 0.81 |
| Interest | 1.22 | 1.07 | 0.89 | 0.69 | 0.80 | 0.76 | 0.76 | 0.47 |
| Profit before tax | 2.96 | (2.85) | 6.36 | 8.74 | 0.58 | 1.31 | 9.43 | 8.53 |
| Tax | 0.73 | (0.71) | 1.57 | 2.25 | 0.15 | 0.33 | 3.18 | 2.18 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 312 | 273 | 262 | 210 | 212 | 254 | 284 |
| Revenue growth | +14.5% | +3.9% | +24.8% | -0.7% | -16.6% | -10.5% | - |
| Other income | 3.70 | 2.42 | 3.06 | 2.76 | 0.46 | 3.09 | 1.33 |
| Total expenses | 292 | 259 | 257 | 224 | 218 | 228 | 247 |
| Employee cost | 34.66 | 31.81 | 31.39 | 29.17 | 30.13 | 27.50 | 26.49 |
| EBITDA | 19.59 | 13.93 | 5.23 | (13.42) | (6.54) | 25.96 | 36.85 |
| EBITDA margin | +6.3% | +5.1% | +2.0% | -6.4% | -3.1% | +10.2% | +13.0% |
| Depreciation | 3.16 | 3.36 | 3.15 | 3.08 | 3.16 | 3.09 | 3.80 |
| Interest | 3.14 | 2.28 | 2.71 | 2.22 | 1.98 | 0.65 | 1.98 |
| Profit before tax | 16.99 | 10.71 | 2.43 | (15.96) | (11.22) | 25.31 | 32.40 |
| Tax | 4.30 | 3.50 | 0.76 | (3.72) | (2.61) | 6.11 | 9.12 |
| Net profit | 14.18 | 7.21 | 2.01 | (12.03) | (7.54) | 19.19 | 23.27 |
| Net profit margin | +4.5% | +2.6% | +0.8% | -5.7% | -3.6% | +7.6% | +8.2% |
| EPS (₹) | 4.54 | 2.58 | 0.60 | (4.39) | (3.09) | 6.89 | 8.38 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 27.94 | 27.93 | 27.91 | 27.89 | 27.84 | 27.84 | 27.78 |
| Reserves & surplus | 157 | 145 | 137 | 136 | 147 | 159 | 143 |
| Shareholders' funds (net worth) | 185 | 173 | 165 | 163 | 175 | 187 | 171 |
| Secured loans | 25.18 | 5.00 | 15.42 | 15.00 | 25.19 | 0.00 | 13.00 |
| Unsecured loans | 20.13 | 20.40 | 0.48 | 0.15 | 0.00 | 0.03 | 0.11 |
| Total debt | 45.31 | 25.40 | 15.90 | 15.15 | 25.19 | 0.03 | 13.11 |
| Total liabilities | 231 | 199 | 182 | 179 | 201 | 187 | 184 |
| Assets | |||||||
| Gross block | 79.48 | 83.07 | 81.00 | 78.42 | 77.25 | 77.26 | 76.26 |
| Net block | 18.84 | 20.49 | 21.43 | 21.67 | 22.95 | 25.61 | 27.58 |
| Capital work in progress | 0.35 | 0.24 | 0.09 | 0.10 | 0.21 | 0.30 | 0.10 |
| Investments | 0.00 | 0.00 | 0.00 | 0.48 | 0.69 | 1.80 | 1.80 |
| Inventories | 36.73 | 41.70 | 44.46 | 40.22 | 36.05 | 34.29 | 35.88 |
| Sundry debtors | 217 | 173 | 145 | 114 | 138 | 140 | 129 |
| Cash & bank balances | 1.60 | 3.79 | 2.28 | 7.03 | 2.14 | 6.15 | 12.84 |
| Loans & advances | 32.75 | 33.02 | 21.75 | 35.41 | 27.20 | 17.49 | 13.07 |
| Total current assets | 288 | 252 | 214 | 196 | 203 | 198 | 190 |
| Total current liabilities | 120 | 92.80 | 75.43 | 74.20 | 78.51 | 81.09 | 79.78 |
| Net working capital | 168 | 159 | 138 | 122 | 125 | 116 | 111 |
| Total assets | 231 | 199 | 182 | 179 | 201 | 187 | 184 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 1.69 | 0.20 | 4.42 | 0.04 | 4.42 | 11.11 | 0.41 |
| Net cash from operating activities | (16.28) | (4.39) | 1.58 | 19.03 | (23.13) | 11.01 | 9.64 |
| Net cash from investing activities | (2.09) | (1.53) | (1.67) | (2.40) | (0.96) | (1.06) | (2.10) |
| Net cash from financing activities | 16.71 | 7.41 | (4.13) | (12.25) | 19.71 | (16.64) | 3.17 |
| Net change in cash | (1.66) | 1.49 | (4.22) | 4.38 | (4.38) | (6.69) | 10.70 |
| Closing cash | 1.60 | 3.79 | 2.28 | 7.03 | 2.14 | 6.15 | 12.84 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +14.5% | +3.9% | +24.8% | -0.7% | -16.6% | -10.5% | - |
| EBITDA growth | +40.6% | +166.4% | +139.0% | -105.2% | -125.2% | -29.6% | - |
| PBT growth | +58.6% | +340.7% | +9998.0% | -42.3% | - | -21.9% | +91.3% |
| Net income growth | +96.7% | +258.7% | +116.7% | -59.6% | -139.3% | -17.5% | - |
| Revenue CAGR (3Y) | +14.1% | +8.8% | +1.1% | -9.5% | -6.6% | +7.5% | +12.1% |
| EBITDA CAGR (3Y) | - | - | -41.4% | - | - | +28.4% | +42.7% |
| Profitability & leverage | |||||||
| Net income margin | +4.1% | +2.6% | +0.6% | -5.8% | -4.1% | +7.6% | +8.2% |
| Return on capital employed | +10.3% | +6.8% | +3.1% | -7.2% | -4.8% | +14.0% | +20.3% |
| Return on net worth | +7.9% | +4.3% | +1.2% | -7.2% | -4.8% | +10.7% | +14.5% |
| Debt / equity | 0.20 | 0.12 | 0.09 | 0.12 | 0.07 | 0.04 | 0.05 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 19.11 | 21.57 | 130.29 | -13.45 | -20.41 | 2.84 | 5.99 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.84 | 3.32 | 3.29 | 2.70 | 2.74 | 3.31 | 3.89 |
| Inventory turnover | 7.96 | 6.33 | 6.20 | 5.52 | 6.03 | 7.25 | 9.16 |
| Debtors turnover | 1.60 | 1.71 | 2.03 | 1.67 | 1.53 | 1.90 | 2.24 |
| EPS (₹) | 4.54 | 2.58 | 0.60 | (4.39) | (3.09) | 6.89 | 8.38 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.20 | 1.20 |
| Book value per share (₹) | 66.23 | 61.80 | 59.22 | 58.59 | 62.96 | 67.06 | 61.43 |
To see the full year-wise statements and ratios of Mahindra Epc Irrigation Limited, buy the company report.
Board of directors of Mahindra Epc Irrigation Limited
Mahindra Epc Irrigation has 6 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
Auditor
Mahindra Epc Irrigation Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 54.20%, foreign institutional investors hold 0.10%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 45.70%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 54.20% | 54.20% | 54.20% | 54.20% |
| Public | 45.80% | 45.80% | 45.80% | 45.80% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2026 | 101272046 | State Bank of India | ₹20 Cr | Open | |
| 14 Feb 2024 | 100877696 | Others | ₹10 Cr | Open | |
| 16 Sep 2021 | 100487492 | Others | ₹20 Cr | Open | |
| 28 Jan 2013 | 10407178 | Hdfc Bank Limited | ₹30 Cr | Open | |
| 18 Dec 2009 | 10193876 | Idbi Bank Limited | ₹10 Cr | Open |
To see the full charge records of Mahindra Epc Irrigation Limited, buy the company report.
Total charge records: 32 View all charges
Deals & funding
Mahindra Epc Irrigation Limited has 33 deals on record (22 market trades, 6 funding rounds, 4 secondary share transfers), with disclosed funding of ₹71.49 Cr; the latest was in August 2025.
Deals on record (5 of 33)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2025 | Market trade | ₹23.46 Cr | Buyer: D3 Stock Vision LLP , Neo Apex Share Broking Services LLP , NK Securities Research Private Limited Seller: D3 Stock Vision LLP , Neo Apex Share Broking Services LLP , NK Securities Research Private Limited , an individual |
| Jan 2025 | Market trade | ₹2.82 Cr | Buyer: NK Securities Research Private Limited Seller: NK Securities Research Private Limited |
| Jan 2025 | Market trade | ₹9.02 Cr | Buyer: NK Securities Research Private Limited , Multiplier Share and Stock Advisors Private Limited Seller: NK Securities Research Private Limited , Multiplier Share and Stock Advisors Private Limited |
| Jun 2024 | Market trade | ₹2.5 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Jan 2024 | Market trade | ₹3.87 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
To see the full deal history of Mahindra Epc Irrigation Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mahindra Epc Irrigation Limited has 71 court cases on record: 63 filed by Mahindra Epc Irrigation, 8 filed against it. 35 cases are pending and 36 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 63 | 7 | 33 |
| High courts | 8 | 1 | 2 |
Cases on record (5 of 71)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nashik, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Yasachi Greens Pvt. Ltd. | Pending |
| District court, Bathinda, Punjab | Cheque dishonour complaint | Filed by the company against Shubham Agro | Pending |
| District court, Bathinda, Punjab | Cheque dishonour complaint | Filed by the company against Ms Maa Shitla Enterprises | Pending |
| District court, Bathinda, Punjab | Cheque dishonour complaint | Filed by the company against Dilchand Agro Agency | Pending |
| District court, Bathinda, Punjab | Cheque dishonour complaint | Filed by the company against Aradhya Traders | Pending |
To see the full case history of Mahindra Epc Irrigation Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Mahindra Epc Irrigation Limited was last rated by Crisil on 30 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Nov 2020 |
To see the full credit ratings and regulatory alerts of Mahindra Epc Irrigation Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mahindra Epc Irrigation Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Mahindra Epc Irrigation has 1 joint venture. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Mahindra Epc Irrigation has 19 GST registrations: 14 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACE2659J1ZI | Maharashtra | Active | 01 Jul 2017 |
| 03AAACE2659J1ZS | Punjab | Active | 01 Jul 2017 |
| 08AAACE2659J1ZI | Rajasthan | Active | 01 Jul 2017 |
| 10AAACE2659J1ZX | Bihar | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahindra Epc Irrigation Limited, buy the company report.
Recent activity
Mahindra Epc Irrigation Limited has 35 board changes on record since 2003: 22 appointments and 13 cessations. The latest: Balram Singh Yadav was appointed as Director on 21 Apr 2026.
93 earlier events are in the company report.
News
Frequently asked questions
Mahindra Epc Irrigation is an active public limited company based in Nashik, Maharashtra, India. The company works in agri support services, within the agriculture industry. It was incorporated on 28 November 1981 (45+ years old) and is registered under CIN L25200MH1981PLC025731. Listed on BSE: 523754 and NSE: MAHEPC.
Mahindra Epc Irrigation reported revenue of ₹312.09 Cr for FY 2025-26 (up 14.5% YoY) based on consolidated financials.
Mahindra Epc Irrigation has 6 current directors:
- Ramesh Ramachandran - Managing Director
- Rajeev Goyal - Director
- Viswanathan Kapilanandan - Director
- Ami Goda - Director
- Balram Singh Yadav - Director
- Purvi Mehta Bhatt - Director
The latest financial statements of Mahindra Epc Irrigation on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 May 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Mahindra Epc Irrigation is 27AAACE2659J1ZI, registered in Maharashtra. The company has 19 GST registrations in all, of which 14 are active and 5 are cancelled or inactive. Other active GSTINs include 03AAACE2659J1ZS (Punjab), 08AAACE2659J1ZI (Rajasthan), 10AAACE2659J1ZX (Bihar).
The CIN (Corporate Identification Number) of Mahindra Epc Irrigation is L25200MH1981PLC025731. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Mahindra Epc Irrigation is a listed company as per MCA records. Its shares are listed on both BSE (code: 523754) and NSE (symbol: MAHEPC).
Mahindra Epc Irrigation has 71 court cases on record: 63 filed by the company and 8 filed against it. 35 are pending. Most are in the district courts.
Mahindra Epc Irrigation was incorporated on 28 November 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
Mahindra Epc Irrigation has 33 deals on record (22 market trades, 6 funding rounds, 4 secondary share transfers), with disclosed funding of ₹71.49 Cr; the latest was in August 2025.