Mahindra EPC Irrigation Ltd

Mahindra EPC Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Mahindra EPC Irrigation Ltd

₹ 119 1.02%
29 Sep 11:22 a.m.
epcmahindra.com BSE: 523754 NSE : MAHEPC
About

Mahindra EPC Irrigation Ltd is part of Mahindra Group of companies. The Co. is engaged in the business of manufacturing and selling Irrigation systems. The solutions provided by the Co through Micro-Irrigation Systems helps in sustainable agriculture.. [1]

Key Points

History

MEIL was established in 1981 as Exomet Plastics and Chemicals Pvt Ltd by Mr K Khanna. In 1992, it was reconstituted as a public limited company and renamed EPC Industries Ltd (EPC). In 2011, M&M acquired 38% stake in EPC for Rs 43.3 crore, and raised its stake to 54.8% in 2012 through a rights issue. The parent held 54.4% as on September 30, 2021.
{https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/MahindraEPCIrrigationLimited_December%2031,%202021_RR_282985.html}

Website BSE NSE
  • Market Cap ₹ 333 Cr.
  • Current Price ₹ 119
  • High / Low ₹ 134 / 83.8
  • Stock P/E
  • Book Value ₹ 58.6
  • Dividend Yield 0.00 %
  • ROCE -7.24 %
  • ROE -7.22 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of -0.23% over last 3 years.
  • Company has high debtors of 197 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Plastic products Industry: Plastics Products

Edit Columns
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023
46.56 55.38 80.73 71.54 38.63 55.69 51.13 66.48 47.32 26.30 65.79 70.96 53.25
43.12 49.13 70.54 65.77 42.38 55.37 54.33 65.76 54.10 35.45 66.21 68.10 53.30
Operating Profit 3.44 6.25 10.19 5.77 -3.75 0.32 -3.20 0.72 -6.78 -9.15 -0.42 2.86 -0.05
OPM % 7.39% 11.29% 12.62% 8.07% -9.71% 0.57% -6.26% 1.08% -14.33% -34.79% -0.64% 4.03% -0.09%
1.61 0.21 0.30 1.05 0.07 0.11 0.05 0.31 0.10 0.04 0.90 1.72 0.18
Interest 0.07 0.08 0.10 0.40 0.27 0.65 0.44 0.62 0.73 0.59 0.44 0.46 0.57
Depreciation 0.75 0.78 0.76 0.79 0.79 0.79 0.80 0.78 0.77 0.76 0.76 0.79 0.78
Profit before tax 4.23 5.60 9.63 5.63 -4.74 -1.01 -4.39 -0.37 -8.18 -10.46 -0.72 3.33 -1.22
Tax % 26.95% 26.79% 19.94% 27.53% 28.06% 0.00% 17.54% 137.84% 21.64% 21.03% 47.22% 17.72% 33.61%
3.09 4.10 7.71 4.07 -3.41 -1.01 -3.62 0.14 -6.41 -8.26 -0.38 2.74 -0.81
EPS in Rs 1.11 1.48 2.78 1.46 -1.22 -0.36 -1.30 0.05 -2.30 -2.96 -0.14 0.98 -0.29
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
260 284 254 212 210 216
240 247 228 218 224 223
Operating Profit 20 37 26 -6 -13 -7
OPM % 8% 13% 10% -3% -6% -3%
1 1 3 0 3 3
Interest 1 2 1 2 2 2
Depreciation 3 4 3 3 3 3
Profit before tax 17 32 25 -11 -16 -9
Tax % 33% 28% 24% 25% 23%
11 23 19 -8 -12 -7
EPS in Rs 4.07 8.29 6.81 -2.84 -4.41 -2.41
Dividend Payout % 25% 14% 18% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: -10%
TTM: -2%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 38%
Stock Price CAGR
10 Years: 1%
5 Years: 5%
3 Years: -8%
1 Year: 14%
Return on Equity
10 Years: %
5 Years: %
3 Years: 0%
Last Year: -7%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
28 28 28 28 28
Reserves 122 142 158 148 136
3 13 0 25 15
68 80 81 79 75
Total Liabilities 221 264 268 280 253
24 28 26 23 22
CWIP 0 0 0 0 0
Investments 2 1 1 1 0
195 234 241 256 231
Total Assets 221 264 268 280 253

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
5 10 11 -23 19
-3 -2 -1 -1 -2
-3 3 -17 20 -12
Net Cash Flow -0 11 -7 -4 4

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 175 165 200 238 197
Inventory Days 68 97 94 99 116
Days Payable 136 178 176 170 164
Cash Conversion Cycle 107 85 118 167 150
Working Capital Days 130 126 158 212 200
ROCE % 20% 14% -4% -7%

Shareholding Pattern

Numbers in percentages

Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023
54.51% 54.51% 54.40% 54.40% 54.40% 54.40% 54.40% 54.31% 54.31% 54.31% 54.31% 54.26%
0.00% 0.00% 0.00% 0.00% 0.04% 0.01% 0.10% 0.00% 0.11% 0.01% 0.01% 0.13%
0.46% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
45.03% 45.48% 45.60% 45.60% 45.56% 45.59% 45.50% 45.69% 45.60% 45.70% 45.68% 45.62%
No. of Shareholders 26,97030,34732,19432,00732,28131,80931,93131,70031,00230,40230,02829,673

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings

Concalls