Mahindra EPC Irrigation (NSE:MAHEPC) ROE %: 10.35% (As of Mar. 2026) — 82% Above Median


NSE:MAHEPC Mahindra EPC Irrigation Ltd NSE:MAHEPC
75 GF Score
Price ₹121.12
GF Value ₹162.49
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Mahindra EPC Irrigation ROE %?

Mahindra EPC Irrigation NSE:MAHEPC +2.43% 75 ROE % is 10.35% as of Mar. 2026, which is 82% above its 10-year median of 5.69. GuruFocus rates NSE:MAHEPC with a GF Score™ of 75/100 and a GF Value™ of ₹162.49 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 204 Farm & Heavy Construction Machinery companies, Mahindra EPC Irrigation ranks worse than 50.49% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Mahindra EPC Irrigation's annualized net income for the quarter that ended in Mar. 2026 was ₹192 Mil. Mahindra EPC Irrigation's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹1,851 Mil. Therefore, Mahindra EPC Irrigation's annualized ROE % for the quarter that ended in Mar. 2026 was 10.35%.

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

NSE:MAHEPC' s ROE % Range Over the Past 10 Years
Min: -7.27   Med: 5.69   Max: 14.39
Current: 7.16

During the past 13 years, Mahindra EPC Irrigation's highest ROE % was 14.39%. The lowest was -7.27%. And the median was 5.69%.

NSE:MAHEPC's ROE % is ranked worse than
50.49% of 204 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 7.315 vs NSE:MAHEPC: 7.16

Mahindra EPC Irrigation  (NSE:MAHEPC) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=191.6/1850.5
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(191.6 / 4280)*(4280 / 3516.7)*(3516.7 / 1850.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.48 %*1.2171*1.9004
=ROA %*Equity Multiplier
=5.45 %*1.9004
=10.35 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=191.6/1850.5
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (191.6 / 254.4) * (254.4 / 250) * (250 / 4280) * (4280 / 3516.7) * (3516.7 / 1850.5)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7531 * 1.0176 * 5.84 % * 1.2171 * 1.9004
=10.35 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Mahindra EPC Irrigation ROE % Related Terms


Mahindra EPC Irrigation ROE % Historical Data

* Premium members only.

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

Mahindra EPC Irrigation Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.38 -7.27 1.02 4.27 7.10

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
ROE % 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 14.48 2.27 0.99 14.94 10.35

NSE:MAHEPC vs CAT, DE, PCAR: ROE % Comparison

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

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

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


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

Mahindra EPC Irrigation's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=126.9/( (1726.1+1850.5)/ 2 )
=126.9/1788.3
=7.10 %

Mahindra EPC Irrigation's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=191.6/( (0+1850.5)/ 1 )
=191.6/1850.5
=10.35 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 10.35% mean?
Mahindra EPC Irrigation (NSE:MAHEPC) has a ROE % of 10.35% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Mahindra EPC Irrigation and its competitors. This is 82% above median its historical median of 5.69. According to the industry distribution chart, Mahindra EPC Irrigation ranks #103 out of 204 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 50.5%.
Is Mahindra EPC Irrigation's ROE % too high?
Mahindra EPC Irrigation's current ROE % of 10.35% is 82% above median its 10-year median of 5.69. The Farm & Heavy Construction Machinery industry median ROE % is 7.32. Mahindra EPC Irrigation's value of 10.35% is 41.5% above this industry median. Based on the distribution chart, Mahindra EPC Irrigation ranks #103 out of 204 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. 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 ROE % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Mahindra EPC Irrigation ranks #103 out of 204 companies for ROE %. This places Mahindra EPC Irrigation in the lower half of its industry. The industry median ROE % is 7.32. Mahindra EPC Irrigation's value of 10.35% is 41.5% above this benchmark. While the company's 10-year median is 5.69 vs. the industry median of 7.32, 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 ROE % for a Farm & Heavy Construction Machinery company?
The median ROE % among Farm & Heavy Construction Machinery companies is 7.32, based on 204 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mahindra EPC Irrigation's current ROE % of 10.35% is 41.5% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Mahindra EPC Irrigation and its competitors. For the Farm & Heavy Construction Machinery industry, the median ROE % is 7.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahindra EPC Irrigation's current ROE % is 10.35%, which is 82% above median its own 10-year median of 5.69. 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 ₹162.49, compared to a current price of ₹121.12 — trading 25.5% below its estimated fair value. The current ROE % is 10.35%, which is 82% above median its 10-year median of 5.69 and 41.5% above the Farm & Heavy Construction Machinery industry median of 7.32. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Mahindra EPC Irrigation (NSE:MAHEPC), the current ROE % is 10.35% 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 ₹121.12 is trading 25.5% below its estimated GF Value™ of ₹162.49. GuruFocus considers Mahindra EPC Irrigation to be Modestly Undervalued.

Key valuation signals for NSE:MAHEPC:

  • ROE %: 10.35% (82% above median its 10-year median of 5.69)
  • GF Value™: ₹162.49 vs. price of ₹121.12 (25.5% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 41.5% above the Farm & Heavy Construction Machinery median (#103 of 204)

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

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

₹121.12
Price
₹162.49
GF Value