The shares of a Microcap company that is primarily engaged in the business of Micro Irrigation Systems viz. Drip and Sprinklers, Agricultural Pumps, Greenhouses, and Landscape Products are in focus after bagging an order for a government project worth Rs 13.12 Crore.
Price Action
The shares of Mahindra EPC Irrigation Ltd, with a total market capitalization of Rs 328.65 Crore, opened and reached an intraday high at Rs 121.35 per share on Friday, gaining around 3.2 percent in the morning trading session. The shares have generated a return of 28 percent in the past three years and 53.04 percent in the past five years.
About the order
As per a press release dated March 27, 2025, Mahindra EPC Irrigations Systems Ltd secured a contract for the supply of Micro Irrigation Systems under the community micro irrigation project. The total value of the contract is around Rs 13.12 Crore, and the contract will be executed in twelve months.
Previous Orders
In February 2025, the company received several contracts for the supply of Micro Irrigation Systems under the community micro irrigation project. The company secured four contracts last month with a total contract value of approximately Rs 24.1 Crore.
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Financials
The company reported a marginal increase of 1.44 percent YoY in revenue from operations from Rs 80.29 Crore in Q3FY24 to Rs 81.45 Crore in Q3FY25. Additionally, their Net Profit jumped 280 percent YoY from Rs 1.67 Crore to Rs 6.35 Crore over the same period.
Product Portfolio
Mahindra EPC Irrigation Ltd’s product portfolio includes micro irrigation systems, such as drip and sprinkler irrigation, agricultural pumps, greenhouses, and landscape products. It also offers automation systems, high-density polyethylene pipes and coils, protected cultivation solutions, DIY kits, and mulch sheets, catering to diverse agricultural needs
About Mahindra EPC Irrigation Ltd
The company is primarily engaged in the business of manufacturing micro irrigation systems. It also provides agronomic support, customized design, and project management services for efficient irrigation system implementation. Mahindra EPC Irrigation Ltd is a subsidiary of Mahindra and Mahindra Limited, which holds approximately 54.21 percent of the company’s equity shares as of December 2024.
Written By Adhvaitha Nayani
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