Mahindra EPC Irrigation (NSE:MAHEPC) Gross Margin %: 53.71% (As of Mar. 2026) — 23% Above Median


NSE:MAHEPC Mahindra EPC Irrigation Ltd NSE:MAHEPC
75 GF Score
Price ₹119.97
GF Value ₹162.12
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Mahindra EPC Irrigation Gross Margin %?

Mahindra EPC Irrigation NSE:MAHEPC -0.22% 75 Gross Margin % is 53.71% as of Mar. 2026, which is 23% above its 10-year median of 43.83. GuruFocus rates NSE:MAHEPC with a GF Score™ of 75/100 and a GF Value™ of ₹162.12 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 210 Farm & Heavy Construction Machinery companies, Mahindra EPC Irrigation ranks better than 95.24% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Mahindra EPC Irrigation's Gross Profit for the three months ended in Mar. 2026 was ₹575 Mil. Mahindra EPC Irrigation's Revenue for the three months ended in Mar. 2026 was ₹1,070 Mil. Therefore, Mahindra EPC Irrigation's Gross Margin % for the quarter that ended in Mar. 2026 was 53.71%.


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

NSE:MAHEPC' s Gross Margin % Range Over the Past 10 Years
Min: 32.83   Med: 43.83   Max: 55.04
Current: 55.04


During the past 13 years, the highest Gross Margin % of Mahindra EPC Irrigation was 55.04%. The lowest was 32.83%. And the median was 43.83%.

NSE:MAHEPC's Gross Margin % is ranked better than
95.24% of 210 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 25.66 vs NSE:MAHEPC: 55.04

Mahindra EPC Irrigation had a gross margin of 53.71% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Mahindra EPC Irrigation was 7.40% per year.


Mahindra EPC Irrigation  (NSE:MAHEPC) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Mahindra EPC Irrigation had a gross margin of 53.71% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Mahindra EPC Irrigation Gross Margin % Related Terms


Mahindra EPC Irrigation Gross Margin % Historical Data

* Premium members only.

The historical data trend for Mahindra EPC Irrigation's Gross Margin % 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 Gross Margin % Chart

Mahindra EPC Irrigation Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.83 35.83 42.30 50.03 54.63

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
Gross Margin % 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 55.08 60.70 56.51 52.01 53.71

NSE:MAHEPC vs CAT, DE, PCAR: Gross Margin % Comparison

For the Farm & Heavy Construction Machinery subindustry, Mahindra EPC Irrigation's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Farm & Heavy Construction Machinery Industry

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

* The bar in red indicates where Mahindra EPC Irrigation's Gross Margin % falls into.


NSE:MAHEPC
75GF Score
Mahindra EPC Irrigation Ltd NSE:MAHEPC
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mahindra EPC Irrigation Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

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

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=1703.5 / 3118.4
=(Revenue - Cost of Goods Sold) / Revenue
=(3118.4 - 1414.9) / 3118.4
=54.63 %

Mahindra EPC Irrigation's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=574.7 / 1070
=(Revenue - Cost of Goods Sold) / Revenue
=(1070 - 495.3) / 1070
=53.71 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 53.71% mean?
Mahindra EPC Irrigation (NSE:MAHEPC) has a Gross Margin % of 53.71% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Mahindra EPC Irrigation and its competitors. This is 23% above median its historical median of 43.83. Over the past decade, Mahindra EPC Irrigation's Gross Margin % has ranged from 32.83 to 55.04. According to the industry distribution chart, Mahindra EPC Irrigation ranks #10 out of 210 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 4.8%.
Is Mahindra EPC Irrigation's Gross Margin % too high?
Mahindra EPC Irrigation's current Gross Margin % of 53.71% is 23% above median its 10-year median of 43.83. Over the past 10 years, this metric has ranged from a low of 32.83 to a high of 55.04. The Farm & Heavy Construction Machinery industry median Gross Margin % is 25.66. Mahindra EPC Irrigation's value of 53.71% is 109.3% above this industry median. Based on the distribution chart, Mahindra EPC Irrigation ranks #10 out of 210 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 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mahindra EPC Irrigation's Gross Margin % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Mahindra EPC Irrigation ranks #10 out of 210 companies for Gross Margin %. This places Mahindra EPC Irrigation in the top 5% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 25.66. Mahindra EPC Irrigation's value of 53.71% is 109.3% above this benchmark. Historically, Mahindra EPC Irrigation's own Gross Margin % has ranged from 32.83 to 55.04 over the past decade. While the company's 10-year median is 43.83 vs. the industry median of 25.66, 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 Gross Margin % for a Farm & Heavy Construction Machinery company?
The median Gross Margin % among Farm & Heavy Construction Machinery companies is 25.66, based on 210 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mahindra EPC Irrigation's current Gross Margin % of 53.71% is 109.3% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Mahindra EPC Irrigation and its competitors. For the Farm & Heavy Construction Machinery industry, the median Gross Margin % is 25.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahindra EPC Irrigation's current Gross Margin % is 53.71%, which is 23% above median its own 10-year median of 43.83. 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 ₹162.12, compared to a current price of ₹119.97 — trading 26% below its estimated fair value. The current Gross Margin % is 53.71%, which is 23% above median its 10-year median of 43.83 and 109.3% above the Farm & Heavy Construction Machinery industry median of 25.66. Mahindra EPC Irrigation's overall GF Score™ is 75/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Mahindra EPC Irrigation (NSE:MAHEPC), the current Gross Margin % is 53.71% 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 ₹119.97 is trading 26% below its estimated GF Value™ of ₹162.12. GuruFocus considers Mahindra EPC Irrigation to be Modestly Undervalued.

Key valuation signals for NSE:MAHEPC:

  • Gross Margin %: 53.71% (23% above median its 10-year median of 43.83)
  • GF Value™: ₹162.12 vs. price of ₹119.97 (26% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 109.3% above the Farm & Heavy Construction Machinery median (#10 of 210)

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.
75GF Score

Get the complete analysis for NSE:MAHEPC

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

₹119.97
Price
₹162.12
GF Value