Mahindra EPC Irrigation (NSE:MAHEPC) 3-Year ROIIC % : 38.84% (As of Mar. 2026) — 30% Above Median

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NSE:MAHEPC Mahindra EPC Irrigation Ltd NSE:MAHEPC
75 GF Score
Price ₹105.38
GF Value ₹152.21
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Mahindra EPC Irrigation 3-Year ROIIC %?

Mahindra EPC Irrigation NSE:MAHEPC +0.66% 75 3-Year ROIIC % is 38.84 as of Mar. 2026, which is 30% above its 10-year median of 29.79. GuruFocus rates NSE:MAHEPC with a GF Score™ of 75/100 and a GF Value™ of ₹152.21 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 202 Farm & Heavy Construction Machinery companies, Mahindra EPC Irrigation ranks better than 82.67% on this metric.

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Mahindra EPC Irrigation's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 38.84%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Mahindra EPC Irrigation's 3-Year ROIIC % or its related term are showing as below:

NSE:MAHEPC's 3-Year ROIIC % is ranked better than
82.67% of 202 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 2.32 vs NSE:MAHEPC: 38.84

Mahindra EPC Irrigation  (NSE:MAHEPC) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Mahindra EPC Irrigation 3-Year ROIIC % Related Terms


Mahindra EPC Irrigation 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Mahindra EPC Irrigation's 3-Year ROIIC % 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 3-Year ROIIC % Chart

Mahindra EPC Irrigation Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -41.44 16,218.72 1,233.74 614.20 38.84

Mahindra EPC Irrigation Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
3-Year ROIIC % 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 0.00 0.00 0.00 38.84 0.00

NSE:MAHEPC vs CAT, DE, PCAR: 3-Year ROIIC % Comparison

For the Farm & Heavy Construction Machinery subindustry, Mahindra EPC Irrigation's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Mahindra EPC Irrigation's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Mahindra EPC Irrigation's 3-Year ROIIC % falls into.


NSE:MAHEPC
75GF Score
Mahindra EPC Irrigation Ltd NSE:MAHEPC
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mahindra EPC Irrigation 3-Year ROIIC % Calculation

Mahindra EPC Irrigation's 3-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 138.02712 (Mar. 2026) - -124.09264 (Mar. 2023) )/( 2515 (Mar. 2026) - 1840.2 (Mar. 2023) )
=262.11976/674.8
=38.84%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 38.84 mean?
Mahindra EPC Irrigation (NSE:MAHEPC) has a 3-Year ROIIC % of 38.84 as of Mar. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Mahindra EPC Irrigation and its competitors. This is 30% above median its historical median of 29.79. According to the industry distribution chart, Mahindra EPC Irrigation ranks #35 out of 202 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 17.3%.
Is Mahindra EPC Irrigation's 3-Year ROIIC % too high?
Mahindra EPC Irrigation's current 3-Year ROIIC % of 38.84 is 30% above median its 10-year median of 29.79. The Farm & Heavy Construction Machinery industry median 3-Year ROIIC % is 2.32. Mahindra EPC Irrigation's value of 38.84 is 1574.1% above this industry median. Based on the distribution chart, Mahindra EPC Irrigation ranks #35 out of 202 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 Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mahindra EPC Irrigation's 3-Year ROIIC % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Mahindra EPC Irrigation ranks #35 out of 202 companies for 3-Year ROIIC %. This places Mahindra EPC Irrigation in the top 17% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.32. Mahindra EPC Irrigation's value of 38.84 is 1574.1% above this benchmark. While the company's 10-year median is 29.79 vs. the industry median of 2.32, 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 3-Year ROIIC % for a Farm & Heavy Construction Machinery company?
The median 3-Year ROIIC % among Farm & Heavy Construction Machinery companies is 2.32, based on 202 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mahindra EPC Irrigation's current 3-Year ROIIC % of 38.84 is 1574.1% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Mahindra EPC Irrigation and its competitors. For the Farm & Heavy Construction Machinery industry, the median 3-Year ROIIC % is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahindra EPC Irrigation's current 3-Year ROIIC % is 38.84, which is 30% above median its own 10-year median of 29.79. 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 Possible Value Trap. The stock's GF Value™ is ₹152.21, compared to a current price of ₹105.38 — trading 30.8% below its estimated fair value. The current 3-Year ROIIC % is 38.84, which is 30% above median its 10-year median of 29.79 and 1574.1% above the Farm & Heavy Construction Machinery industry median of 2.32. 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 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Mahindra EPC Irrigation (NSE:MAHEPC), the current 3-Year ROIIC % is 38.84 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 ₹105.38 is trading 30.8% below its estimated GF Value™ of ₹152.21. GuruFocus considers Mahindra EPC Irrigation to be Possible Value Trap.

Key valuation signals for NSE:MAHEPC:

  • 3-Year ROIIC %: 38.84 (30% above median its 10-year median of 29.79)
  • GF Value™: ₹152.21 vs. price of ₹105.38 (30.8% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 1574.1% above the Farm & Heavy Construction Machinery median (#35 of 202)

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

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

₹105.38
Price
₹152.21
GF Value