Mahindra EPC Irrigation Limited has announced the receipt of a significant work order on March 16, 2026, for the supply of pressurized micro-irrigation systems. The contract was awarded by the Office of the Assistant Engineer, Water User Association, and pertains to a community micro-irrigation project. This intimation, filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, highlights the company’s continued expansion in the domestic irrigation sector.

The awarded contract is valued at approximately ₹17.95 crores (excluding taxes) and involves the supply of systems covering an area of 3,591 hectares. The project is domestic in nature and is scheduled to be executed over a period of 12 months. The order was officially received by the company at approximately 10:30 a.m. on March 16, 2026. This follows another recent development where the company secured a separate contract worth ₹2.22 crores from the Office of the Superintending Engineer for a similar community project.

Incorporated in 1981, Mahindra EPC Irrigation Limited is a pioneer in the micro-irrigation industry in India and a key part of the Mahindra Group’s farm equipment sector. The company specializes in manufacturing and supplying a wide range of products, including drip and sprinkler irrigation systems, agricultural pumps, and greenhouses. Recently, the company announced that it enabled the saving of 262 crore litres of water and 8.4 million units of energy in FY25 through its sustainable water management solutions. It operates through a robust network of over 1,000 channel partners across India to drive the adoption of modern AgTech solutions.

For the third quarter ended December 31, 2025, Mahindra EPC Irrigation reported a robust financial performance with consolidated revenue jumping 16.7% year-on-year to ₹95.22 crores. The net profit for the quarter stood at ₹6.49 crores, representing a 2.2% increase compared to the same period in the previous year. Notably, on a quarter-over-quarter basis, the company witnessed a massive 1409.3% jump in net profits and an 88.93% rise in revenue, marking its highest quarterly topline growth in the last three years. The company is promoter-led by Mahindra & Mahindra Limited, which holds a 54.21% stake as of March 2025. Other notable shareholders include Kuwait Investment Authority, though recent filings indicate they have reduced their exposure.