Mahindra EPC Irrigation Ltd
Mahindra EPC Irrigation Limited has informed the Exchange about award received in terms of Regulations 30(3), 30(4) read with Para B, Part A of Schedule III of SEBI (Listing Obligations ....
ORDERS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 16 Mar 2026, 01:27 PM IST · BSE ID: 213b9c75-0edd-4b8b-bcf4-c81609244722
View Original BSE Filing (PDF)
⚡ Quick Answer
Mahindra EPC Irrigation Limited secured a new domestic order worth approximately Rs. 17.95 Crores to supply pressurized Micro Irrigation Systems covering 3,591 hectares. The contract, awarded on March 16, 2026, by the Office of the Assistant Engineer, Water User Association, is to be executed within 12 months.
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In Simple Terms
The company won a government contract worth Rs. 17.95 Crores to supply irrigation systems across 3,591 hectares of farmland, to be completed in 12 months.
🤖 AI Summary
- Mahindra EPC Irrigation awarded Rs. 17.95 Crores micro irrigation systems contract on 16th March 2026
- Order from Office of Assistant Engineer, Water User Association for 3,591 hectares coverage
- Pressurized Micro Irrigation Systems supply — domestic order, no related party involvement
- 12-month execution timeline; community micro irrigation project under government framework
- No promoter or group company interest; contract meets arm's length compliance requirements
🔢 Key Numbers — exact figures from BSE filing, not rounded
Contract Value
Approx. Rs. 17.95 Crores
Execution Period
12 months
Order Award Date
16th March 2026
🏢 How This Affects the Company
Order adds Rs. 17.95 Crores to contract pipeline, supporting revenue recognition over 12-month execution period. Expands presence in community-level irrigation infrastructure within domestic market.
Contract value of approximately Rs. 17.95 Crores will flow into revenue and cash collections over 12-month execution window, subject to project milestones and payment terms.
Requires manufacturing and deployment of pressurized micro irrigation systems for 3,591 hectares. Execution within 12 months demands supply chain coordination and field installation capacity.
Government project execution carries timeline and payment realization risks typical of public sector contracts. No related party or promoter conflicts reduce governance-related risks.
👥 What This Means For Shareholders
✅
Action Required
No immediate action required. Monitor Q4 FY26 and Q1 FY27 results for revenue recognition and project progress updates.
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Who Is Affected
All shareholders benefit from expanded contract backlog. Order adds recurring revenue opportunity over 12-month period without dilution or capital restructuring.
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Management Signal
Demonstrates sustained order-winning capability in government-backed community irrigation projects; aligns with core business focus on pressurized micro irrigation systems.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q4 FY26 results — verify Rs. 17.95 Crores order recognition in revenue or order backlog
Project milestone updates — track execution progress and payment receipts over 12-month timeline
Similar government irrigation orders — monitor for additional community micro irrigation project wins
MEDIUM RISK
Government project execution carries timeline and payment realization risks. Contract value modest relative to larger infrastructure awards.
💡 Investor Takeaway
Mahindra EPC Irrigation secured Rs. 17.95 Crores order for pressurized micro irrigation systems covering 3,591 hectares from government water authority. 12-month execution timeline confirmed. No related party conflicts reported. Order contributes to revenue pipeline in domestic community irrigation segment.
⚖️ Strengths & Concerns
✅ Positives
- Government-backed community project reduces counterparty credit risk versus private sector orders
- 12-month execution window is standard and manageable within company's operational capacity
⚠️ Concerns
- Government project timelines and payment cycles introduce cash flow timing uncertainty risks
- Order value of Rs. 17.95 Crores is modest compared to larger infrastructure contract awards
📅 Company Track Record
Company received multiple orders in March 2026: domestic supply orders worth INR 2,45,61,554.75 (two weeks prior), solar module orders from Surja Infra (Rs. 0.61 Crores) and Earthwave Technology (Rs. 6.067 Crores). Current micro irrigation order represents largest single award in disclosed March 2026 filings.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What is the value of the new order won by Mahindra EPC Irrigation?
Mahindra EPC Irrigation has been awarded a contract valued at approximately Rs. 17.95 Crores for supplying micro irrigation systems.
How many hectares will the new irrigation project cover?
The domestic contract awarded to Mahindra EPC Irrigation will cover an area of 3,591 hectares.
When was the order awarded to Mahindra EPC Irrigation?
The order was awarded to Mahindra EPC Irrigation on March 16, 2026.
What is the execution timeline for the Mahindra EPC Irrigation order?
The contract awarded to Mahindra EPC Irrigation has a 12-month execution timeline.
Who awarded the contract to Mahindra EPC Irrigation?
The contract was awarded by the Office of the Assistant Engineer, Water User Association.
Questions based on this BSE filing only. For information purposes.