Mahindra EPC Secures ₹3.30 Crore Irrigation Contract; Shares Slip 0.35%

Mumbai, May 20: Mahindra EPC Irrigation Ltd said it has received a contract for supply of micro pressurised irrigation systems under a community micro irrigation project.

The company informed stock exchanges that the order was awarded by the Office of the Executive Engineer, Water Resource Division, according to the regulatory filing on Wednesday.

As per the disclosure, the contract involves supply of micro pressurised irrigation systems covering 80 hectares. The order is domestic in nature.

The company stated that the execution timeline for the contract is 11 months from the date of site handover. The aggregate order value stands at approximately ₹3.30 crore, inclusive of GST.

Mahindra EPC Irrigation further clarified in the exchange filing that neither the promoter group nor related parties have any interest in the awarding entity. The company also confirmed that the transaction does not fall under related party transactions.

The filing added that the company received the order on Tuesday.

Stock Market Snapshot

Mahindra EPC Irrigation share price traded marginally lower despite the contract announcement during early market hours on Wednesday.

As of 9:54 AM IST, the stock traded at ₹118.20 on the National Stock Exchange, down ₹0.42 or 0.35% from the previous close of ₹118.62, according to exchange data.

The Mahindra EPC Irrigation share price moved between an early high of ₹119.57 and a low of ₹116.81 during the session after opening at ₹116.81.

Company Background

Mahindra EPC Irrigation Ltd operates in the micro irrigation and agricultural water management segment. The company manufactures and supplies irrigation products including drip and sprinkler systems for agricultural applications.

Its operations focus on improving water-use efficiency and supporting precision irrigation practices across farming regions. The company caters to government projects, institutional customers and individual farm-level irrigation requirements.

Conclusion

The newly awarded irrigation project strengthens Mahindra EPC Irrigation’s domestic order pipeline in the water management segment.

Investors are expected to monitor further order inflows, execution timelines and project conversion into revenue over the coming quarters, while the company continues participating in irrigation infrastructure projects across India.

Source:

• https://www.nseindia.com/get-quote/equity/MAHEPC/Mahindra-EPC-Irrigation-Limited
• https://nsearchives.nseindia.com/corporate/MAHEPC_20052026095147_MEILReceiptofWorkOrder20052026.pdf