Mahindra EPC Secures ₹3.32 Crore Irrigation Contract; Shares Rise Nearly 2%

Mumbai, June 12: Mahindra EPC Irrigation secured a contract for the supply of micro 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 Resources Division. According to the regulatory filing, the contract involves the supply of micro pressurised irrigation systems covering 100 hectares.

Mahindra EPC stated that the order value stands at approximately ₹3.32 crore, inclusive of GST. The company added that execution of the project is expected to be completed within 11 months from the date of site handover.

As per the disclosure, the contract was awarded by a domestic entity and does not fall under related party transactions. The company further clarified that neither promoters nor promoter group entities hold any interest in the awarding authority.

Stock Market Snapshot

Mahindra EPC Irrigation share price moved higher in early trading following the company’s announcement regarding the irrigation systems contract.

The stock traded at ₹108.00, up 1.97%, as of 09:21 IST on June 12, 2026.

Mahindra EPC Irrigation share price opened firm and maintained gains during the opening phase of the session as investors reacted to the fresh order inflow.

The development comes amid continued government focus on water conservation, irrigation efficiency and agricultural infrastructure modernisation across rural regions.

Market participants are also tracking order pipeline visibility for irrigation equipment and water management solution providers linked to public infrastructure programmes.

Order Strengthens Irrigation Project Pipeline

The newly secured contract adds to Mahindra EPC’s project execution portfolio in the micro irrigation segment.

Micro pressurised irrigation systems are increasingly being adopted to improve water-use efficiency, crop productivity and sustainable agricultural practices.

Industry observers note that community irrigation projects remain a key area of policy support as states continue investments in rural water infrastructure and efficient irrigation networks.

The order also reflects ongoing demand for irrigation technology solutions amid increasing emphasis on precision agriculture and water resource management.

Company Background

Mahindra EPC Irrigation Ltd manufactures and supplies micro irrigation systems, agricultural piping products and water management solutions.

The company operates in drip irrigation, sprinkler systems and precision farming technologies catering to agricultural and infrastructure applications.

Conclusion

The ₹3.32 crore order provides incremental business visibility for Mahindra EPC Irrigation in the water management and irrigation infrastructure segment.

With government-backed irrigation initiatives continuing across states, the company remains positioned to benefit from sustained investments in efficient agricultural water systems.

Source:

• https://www.nseindia.com/get-quote/equity/MAHEPC/Mahindra-EPC-Irrigation-Limited
• https://nsearchives.nseindia.com/corporate/MAHEPC_11062026105558_MEILReceiptofWorkOrder10062026.pdf