Mahindra EPC Irrigation (NSE:MAHEPC) Days Payable: 174.21 (As of Mar. 2026) — 12% Above Median


NSE:MAHEPC Mahindra EPC Irrigation Ltd NSE:MAHEPC
77 GF Score
Price ₹120.22
GF Value ₹162.37
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Mahindra EPC Irrigation Days Payable?

Mahindra EPC Irrigation NSE:MAHEPC +0.21% 77 Days Payable is 174.21 as of Mar. 2026, which is 12% above its 10-year median of 156.12. GuruFocus rates NSE:MAHEPC with a GF Score™ of 77/100 and a GF Value™ of ₹162.37 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 208 Farm & Heavy Construction Machinery companies, Mahindra EPC Irrigation ranks better than 83.65% on this metric.

Mahindra EPC Irrigation's average Accounts Payable for the three months ended in Mar. 2026 was ₹946 Mil. Mahindra EPC Irrigation's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹495 Mil. Hence, Mahindra EPC Irrigation's Days Payable for the three months ended in Mar. 2026 was 174.21.

The historical rank and industry rank for Mahindra EPC Irrigation's Days Payable or its related term are showing as below:

NSE:MAHEPC' s Days Payable Range Over the Past 10 Years
Min: 94.42   Med: 156.12   Max: 214.94
Current: 207.14

During the past 13 years, Mahindra EPC Irrigation's highest Days Payable was 214.94. The lowest was 94.42. And the median was 156.12.

NSE:MAHEPC's Days Payable is ranked better than
83.65% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 69.415 vs NSE:MAHEPC: 207.14

Mahindra EPC Irrigation's Days Payable increased from Mar. 2025 (152.71) to Mar. 2026 (174.21). It may suggest that Mahindra EPC Irrigation delayed paying its suppliers.


Mahindra EPC Irrigation Days Payable Historical Data

* Premium members only.

The historical data trend for Mahindra EPC Irrigation's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mahindra EPC Irrigation Days Payable Chart

Mahindra EPC Irrigation Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 161.96 160.75 142.34 178.87 214.94

Mahindra EPC Irrigation Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 152.71 269.23 306.25 147.19 174.21

NSE:MAHEPC vs CAT, DE, PCAR: Days Payable Comparison

For the Farm & Heavy Construction Machinery subindustry, Mahindra EPC Irrigation's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mahindra EPC Irrigation Days Payable vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Mahindra EPC Irrigation's Days Payable distribution charts can be found below:

* The bar in red indicates where Mahindra EPC Irrigation's Days Payable falls into.


NSE:MAHEPC
77GF Score
Mahindra EPC Irrigation Ltd NSE:MAHEPC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mahindra EPC Irrigation Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Mahindra EPC Irrigation's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (720.8 + 945.6) / 2 ) / 1414.9*365
=833.2 / 1414.9*365
=214.94

Mahindra EPC Irrigation's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 945.6) / 1 ) / 495.3*365 / 4
=945.6 / 495.3*365 / 4
=174.21

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 174.21 mean?
Mahindra EPC Irrigation (NSE:MAHEPC) has a Days Payable of 174.21 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Mahindra EPC Irrigation and its competitors. This is 12% above median its historical median of 156.12. Over the past decade, Mahindra EPC Irrigation's Days Payable has ranged from 94.42 to 214.94. According to the industry distribution chart, Mahindra EPC Irrigation ranks #34 out of 208 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 16.3%.
Is Mahindra EPC Irrigation's Days Payable too high?
Mahindra EPC Irrigation's current Days Payable of 174.21 is 12% above median its 10-year median of 156.12. Over the past 10 years, this metric has ranged from a low of 94.42 to a high of 214.94. The Farm & Heavy Construction Machinery industry median Days Payable is 69.42. Mahindra EPC Irrigation's value of 174.21 is 151% above this industry median. Based on the distribution chart, Mahindra EPC Irrigation ranks #34 out of 208 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Mahindra EPC Irrigation has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mahindra EPC Irrigation's Days Payable compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Mahindra EPC Irrigation ranks #34 out of 208 companies for Days Payable. This places Mahindra EPC Irrigation in the top 16% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.42. Mahindra EPC Irrigation's value of 174.21 is 151% above this benchmark. Historically, Mahindra EPC Irrigation's own Days Payable has ranged from 94.42 to 214.94 over the past decade. While the company's 10-year median is 156.12 vs. the industry median of 69.42, Mahindra EPC Irrigation has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Farm & Heavy Construction Machinery company?
The median Days Payable among Farm & Heavy Construction Machinery companies is 69.42, based on 208 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mahindra EPC Irrigation's current Days Payable of 174.21 is 151% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Mahindra EPC Irrigation and its competitors. For the Farm & Heavy Construction Machinery industry, the median Days Payable is 69.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahindra EPC Irrigation's current Days Payable is 174.21, which is 12% above median its own 10-year median of 156.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahindra EPC Irrigation stock overvalued right now?
Based on GuruFocus' analysis, Mahindra EPC Irrigation (NSE:MAHEPC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹162.37, compared to a current price of ₹120.22 — trading 26% below its estimated fair value. The current Days Payable is 174.21, which is 12% above median its 10-year median of 156.12 and 151% above the Farm & Heavy Construction Machinery industry median of 69.42. Mahindra EPC Irrigation's overall GF Score™ is 77/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Mahindra EPC Irrigation (NSE:MAHEPC), the current Days Payable is 174.21 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mahindra EPC Irrigation (NSE:MAHEPC) Overvalued in 2026?

Based on GuruFocus' analysis, Mahindra EPC Irrigation stock appears to be undervalued. The current stock price of ₹120.22 is trading 26% below its estimated GF Value™ of ₹162.37. GuruFocus considers Mahindra EPC Irrigation to be Modestly Undervalued.

Key valuation signals for NSE:MAHEPC:

  • Days Payable: 174.21 (12% above median its 10-year median of 156.12)
  • GF Value™: ₹162.37 vs. price of ₹120.22 (26% below fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 151% above the Farm & Heavy Construction Machinery median (#34 of 208)

No single metric tells the full story. See the NSE:MAHEPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mahindra EPC Irrigation Business Description

Other Exchanges 523754:India
Address MIDC Ambad, Plot No. H-109, Nashik, MH, IND, 422 010
Mahindra EPC Irrigation Ltd is engaged in the business of Micro Irrigation Systems such as Drip and Sprinklers, Agricultural Pumps, Greenhouses, and Landscape Products. Its products offer Drip irrigation, Sprinkler Irrigation, Automation, HDPE COIL & PIPE, Protected cultivation, DIY Kit, Mulch Sheet, and Services. The group has one segment, which is Precision Farming Products and Services. It operates in Domestic and Overseas.
77GF Score

Get the complete analysis for NSE:MAHEPC

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹120.22
Price
₹162.37
GF Value