Mahindra EPC Irrigation Ltd
Incorporated in 1986, Mahindra EPC Irrigation is in the business of Micro Irrigation Systems viz. Drip and Sprinklers, Agricultural Pumps, Greenhouses, and Landscape Products[1]
- Market Cap ₹ 425 Cr.
- Current Price ₹ 152
- High / Low ₹ 180 / 96.5
- Stock P/E 58.9
- Book Value ₹ 61.8
- Dividend Yield 0.00 %
- ROCE 6.85 %
- ROE 4.27 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -0.81% over past five years.
- Company has a low return on equity of -0.56% over last 3 years.
- Company has high debtors of 232 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Plastic products Industry: Plastics Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
175 | 169 | 203 | 201 | 205 | 260 | 284 | 254 | 212 | 210 | 262 | 273 | |
164 | 165 | 192 | 189 | 193 | 240 | 247 | 228 | 217 | 224 | 257 | 259 | |
Operating Profit | 10 | 4 | 11 | 13 | 12 | 20 | 37 | 26 | -5 | -13 | 6 | 14 |
OPM % | 6% | 2% | 5% | 6% | 6% | 8% | 13% | 10% | -3% | -6% | 2% | 5% |
2 | 2 | 2 | 2 | 2 | 1 | 1 | 3 | -1 | 3 | 3 | 2 | |
Interest | 2 | 1 | 0 | 2 | 0 | 1 | 2 | 1 | 2 | 2 | 3 | 2 |
Depreciation | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 3 | 3 |
Profit before tax | 8 | 3 | 10 | 10 | 10 | 17 | 32 | 25 | -11 | -16 | 2 | 11 |
Tax % | 0% | 33% | 15% | -2% | 52% | 32% | 28% | 24% | -23% | -23% | 31% | 33% |
8 | 2 | 9 | 10 | 5 | 11 | 23 | 19 | -9 | -12 | 2 | 7 | |
EPS in Rs | 2.79 | 0.65 | 3.16 | 3.58 | 1.78 | 4.12 | 8.38 | 6.89 | -3.09 | -4.39 | 0.60 | 2.58 |
Dividend Payout % | 0% | 0% | 0% | 0% | 28% | 24% | 14% | 17% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | -1% |
3 Years: | 9% |
TTM: | 4% |
Compounded Profit Growth | |
---|---|
10 Years: | 15% |
5 Years: | -21% |
3 Years: | 44% |
TTM: | 259% |
Stock Price CAGR | |
---|---|
10 Years: | 0% |
5 Years: | 8% |
3 Years: | 15% |
1 Year: | 8% |
Return on Equity | |
---|---|
10 Years: | 4% |
5 Years: | 1% |
3 Years: | -1% |
Last Year: | 4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 |
Reserves | 85 | 87 | 96 | 107 | 112 | 122 | 143 | 159 | 147 | 136 | 137 | 145 |
16 | 1 | 0 | 0 | 4 | 3 | 13 | 0 | 25 | 15 | 16 | 25 | |
33 | 37 | 46 | 49 | 53 | 68 | 80 | 81 | 79 | 75 | 76 | 94 | |
Total Liabilities | 163 | 152 | 170 | 183 | 196 | 221 | 264 | 268 | 280 | 253 | 257 | 292 |
32 | 30 | 27 | 25 | 25 | 24 | 28 | 26 | 23 | 22 | 21 | 20 | |
CWIP | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 5 | 0 | 2 | 2 | 2 | 1 | 0 | 0 | 0 |
130 | 122 | 143 | 152 | 171 | 195 | 234 | 241 | 256 | 231 | 236 | 271 | |
Total Assets | 163 | 152 | 170 | 183 | 196 | 221 | 264 | 268 | 280 | 253 | 257 | 292 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-14 | 19 | -3 | -5 | -15 | 5 | 10 | 11 | -23 | 19 | 2 | -4 | |
15 | 2 | 6 | -4 | 6 | -3 | -2 | -1 | -1 | -2 | -2 | -2 | |
1 | -17 | -0 | -1 | 3 | -3 | 3 | -17 | 20 | -12 | -4 | 7 | |
Net Cash Flow | 1 | 4 | 2 | -9 | -6 | -0 | 11 | -7 | -4 | 4 | -4 | 1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 122 | 123 | 136 | 165 | 191 | 175 | 165 | 200 | 238 | 197 | 202 | 232 |
Inventory Days | 115 | 96 | 85 | 104 | 113 | 68 | 97 | 94 | 99 | 116 | 116 | 121 |
Days Payable | 64 | 81 | 80 | 108 | 125 | 136 | 178 | 176 | 170 | 164 | 161 | 208 |
Cash Conversion Cycle | 173 | 138 | 142 | 161 | 179 | 107 | 85 | 118 | 167 | 150 | 158 | 145 |
Working Capital Days | 110 | 113 | 112 | 145 | 172 | 130 | 126 | 158 | 212 | 200 | 189 | 208 |
ROCE % | 8% | 3% | 9% | 9% | 7% | 12% | 20% | 14% | -4% | -7% | 3% | 7% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - Copies of Newspaper Advertisements regarding extract of the Company''''s Audited Standalone and Consolidated Financial Results for the quarter and year ended 31st March 2025, published …
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Compliances-Reg.24(A)-Annual Secretarial Compliance
2d - Submission of annual secretarial compliance report for FY 2024-25.
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
2d - 8,276 Equity shares of Rs. 10 each have been allotted on 17th April, 2025 to the employees under Company''''s Employees Stock options scheme 2014.
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Announcement under Regulation 30 (LODR)-Change in Management
17 Apr - Audited results, AGM notice, director and auditor appointments, ESOS share allotment.
- Financial Results For FY 2024-2025 17 Apr
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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Feb 2024TranscriptPPT
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May 2023TranscriptPPT
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Nov 2022TranscriptPPT
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May 2022TranscriptPPT
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Nov 2021TranscriptPPT
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May 2021TranscriptPPT
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Oct 2020TranscriptPPT
Business Overview:[1]
MEPCL is a part of Mahindra Agriculture Business, which is under Mahindra and Mahindra Limited’s Farm Equipment Sector. It is an ISO: 9001-2015 certified company which provides Irrigation and Water Management solutions to farmers. It works in Micro Irrigation, Water Management, Irrigation Automations, Community Irrigation and Protected Cultivation.