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Mahindra EPC Irrigation Ltd Share Price Target 2025, 2026...

2026-04-27 · 3 min read

Sector - Finance
Mahindra EPC Irrigation Ltd Share Price Target 2025, 2026...

Mahindra EPC Irrigation Ltd is a small-cap stock from the Mahindra Group ecosystem, operating in a sector that sounds simple on paper but is actually deeply linked to India’s long-term agricultural future: micro-irrigation, water management, protected cultivation and precision farming.

Mahindra EPC Irrigation Ltd Share Price Target


Mahindra EPC Irrigation Ltd is an India-based company engaged in micro-irrigation systems, water management and precision farming solutions. Its products and services include drip irrigation, sprinkler irrigation, agricultural pumps, greenhouses, landscape products, automation systems, HDPE coil and pipes, mulch sheets, protected cultivation and crop advisory services.

Financial table for Mahindra EPC Irrigation Ltd

  • Market Cap: ₹359 Cr. (As of April 2026)

  • Price to Earnings: 22.9  

  • Return on equity: 4.27%

  • Debt to equity: 0.21

  • Current ratio: 2.07

  • Dividend Yield: 0.00%

  • Return on assets: 2.63%

  • ROCE: 6.85%

  • Face Value: ₹10.0 

  • 52 Week High: ₹185

  • 52 Week Low: ₹91.9



10 Years

5 Years

3 Years

TTM

Compounded Sales Growth

5%

-1%

9%

21%

Compounded Profit Growth

15%

-21%

44%

526%

Return on Equity

4%

1%

-1%

4%

Mahindra EPC Irrigation Ltd Shareholding Pattern



Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Dec 2025

Promoters

54.51%

54.40%

54.40%

54.31%

54.26%

54.21%

54.20%

FIIs

0.00%

0.00%

0.00%

0.01%

0.11%

0.01%

0.02%

DIIs

0.00%

0.00%

0.00%

0.00%

0.00%

0.00%

0.00%

Public

45.48%

45.60%

45.60%

45.68%

45.63%

45.78%

45.76%

No. of Shareholders

19,882

32,194

31,931

30,028

29,175

28,764

26,252


Historic Performance: Mahindra EPC Irrigation Ltd Share Price Target 2020, 2021, 2022, 2023, 2024 & 2025


1. Year 2020


Start of Year: 154.80

End of Year: 156.10

Return: 0.84%


Reason for the move


Flat performance due to modest demand and limited growth visibility. .

 

2. Year 2021


Start of Year: 156.75

End of Year: 117.95

Return: -24.75%


Reason for the move

Delays in government tenders impacted revenue growth. 


3. Year 2022


Start of Year: 118.95

End of Year: 106.10

Return: -10.80%


Reason for the move


Continued pressure from weak demand and execution delays. 


4. Year 2023


Start of Year: 107.90

End of Year: 131.10

Return: 21.50%


Reason for the move

Recovery driven by improving order inflows and agri demand. 


5. Year 2024


Start of Year: 133.05

End of Year: 114.52

Return: -13.93%


Reason for the move

Dependence on subsidies and tenders impacted sentiment. 


6. Year 2025


Start of Year: 115.60

End of Year: 128.55

Return: 11.20%


Reason for the move

Moderate growth supported by stable order inflows. 


Mahindra EPC Irrigation Ltd Price Target 2026, 2027, 2028 to 2030

  1. Projected Targets: Year 2026

Target Range (₹): 130-170

Reason for the move

Government orders and irrigation demand support steady growth.


  1. Projected Targets: Year 2027

Target Range (₹): 110-145 


Reason for the move

Subsidy delays and weak adoption limit demand growth.


  1. Projected Targets: Year 2028

Target Range (₹): 150-165

Reason for the move


Export contribution increases gradually.


  1. Projected Targets: Year 2029

Target Range (₹): 165-180

Reason for the move


Agriculture demand cycle supports steady revenue growth.


  1. Projected Targets: Year 2030

Target Range (₹): 185-210


Reason for the move


Mature irrigation solutions business stabilizes revenue streams.



Conclusion

Investors should treat this as a high-risk, high-monitoring stock and consult a SEBI-registered financial advisor before investing.


FAQs

1. What is Mahindra EPC share?

Mahindra EPC share refers to the listed equity shares of Mahindra EPC Irrigation Ltd, traded under the symbol MAHEPC. The company operates in micro-irrigation, drip irrigation, sprinkler irrigation, protected cultivation, automation and water management solutions.

2. Does Mahindra EPC pay dividends?

Mahindra EPC Irrigation has paid dividends in the past, but its current dividend yield is 0%. Trendlyne data shows that the company declared dividends of ₹0.50 in 2018, ₹1.00 in 2019, ₹1.20 in 2020 and ₹1.20 in 2021.

3. What is the new name of EPC irrigation company?

The company was earlier known as EPC Industrie Ltd and changed its name to Mahindra EPC Irrigation Ltd in February 2019.

4. What is the turnover of Mahindra EPC Irrigation?

Mahindra EPC Irrigation reported FY26 revenue, or turnover, of ₹315.79 crore, compared with ₹275.09 crore in FY25. This represented 14.5% year-on-year growth.

5. Who are the major shareholders of EPC?

The major shareholder of Mahindra EPC Irrigation is Mahindra & Mahindra Ltd, which held 54.20% of the company as of March 2026. Public shareholders held around 45.76%–45.80%, while FII holding was around 0.02% and DII holding was 0%.



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