Synopsis: Mahindra EPC Irrigation Limited has secured a Rs. 3.32 crore contract from the Office of the Executive Engineer, Water Resources Division, for the supply of micro pressurized irrigation systems covering 100 hectares. The project is expected to be completed within 11 months.
Shares of Mahindra EPC Irrigation Limited are likely to remain in focus after the company announced that it has secured a new order for the supply of micro irrigation systems under a community irrigation project.
Mahindra EPC Irrigation Limited has a total market capitalization of approximately Rs. 296.28 crore. The company’s shares were trading at Rs. 106.22 apiece on the stock exchange, up by 0.29 percent during the session. The stock has declined around 5.73 percent over the last five trading sessions. The stock has declined around 10.60 percent over the last month, reflecting negative momentum. The stock touched a 52-week high of Rs. 185.12 and a 52-week low of Rs. 91.91.
Mahindra EPC Irrigation Limited, a leading manufacturer of drip and sprinkler irrigation systems, has been awarded the contract by the Office of the Executive Engineer, Water Resources Division, according to an exchange filing submitted by the company. The contract involves the supply of Micro Pressurized Irrigation Systems for 100 hectares under a community micro irrigation project. The total value of the order stands at approximately Rs. 3.32 crore, including GST.
As per the terms of the contract, the project is scheduled to be executed within 11 months from the date of site handover. The order has been awarded by a domestic government entity and does not involve any related-party transaction.
The latest order adds to the company’s order book and is expected to contribute to revenue visibility over the coming financial periods. The company also clarified that neither the promoter nor promoter group entities have any interest in the awarding authority.
Micro irrigation systems have become increasingly important in India’s agriculture sector as farmers and government agencies focus on improving water-use efficiency and crop productivity. Drip and sprinkler irrigation technologies help optimize water consumption, reduce wastage, and improve yields, particularly in water-stressed regions.
Government-backed irrigation initiatives continue to drive demand for micro irrigation products as policymakers promote sustainable farming practices and efficient water management. Community irrigation projects are also gaining traction as part of broader efforts to strengthen rural infrastructure and agricultural productivity.
The order comes at a time when the Indian micro irrigation market is benefiting from increased awareness of precision farming techniques, supportive government policies, and the need for climate-resilient agricultural practices.
Incorporated in 1981, Mahindra EPC Irrigation Limited is engaged in the manufacturing and marketing of micro irrigation systems, including drip irrigation, sprinkler irrigation, and allied agricultural products. The company serves farmers, institutional customers, and government projects across India.
The new order reinforces Mahindra EPC Irrigation’s position in the micro irrigation segment and reflects continued demand for water-efficient irrigation solutions amid India’s ongoing focus on agricultural modernization.
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