Mahindra EPC Irrigation has announced its audited standalone and consolidated financial results for FY26, demonstrating exceptional performance with significant growth across key financial metrics. The irrigation solutions company reported strong revenue expansion and substantial profitability improvements for the full fiscal year.

Strong FY26 Financial Performance

The company delivered robust financial results in FY26 with remarkable improvements across all major parameters. Revenue from operations grew to ₹312.09 crore from ₹272.67 crore in FY25, reflecting strong business momentum and market expansion. Net profit for the year increased substantially to ₹12.69 crore compared to ₹7.21 crore in FY25, representing a growth of 76.00%.

Q4 FY26 Performance Overview

For the quarter ended March 31, 2026, the company reported revenue from operations of ₹107.00 crore, compared to ₹95.89 crore in Q4 FY25. Net profit for Q4 stood at ₹4.79 crore, down from ₹6.25 crore in the corresponding quarter of the previous year. The quarter included an exceptional item of ₹2.00 crore related to the estimated incremental impact on retiral benefits due to new Labour Codes notified by the Government of India.

Balance Sheet Strengthening

As at March 31, 2026, the company's total assets stood at ₹351.67 crore, compared to ₹291.53 crore in the previous year. Total equity increased to ₹185.05 crore from ₹172.61 crore, demonstrating improved financial position. Cash and cash equivalents at the end of the year were ₹0.03 crore. The company reported net cash used in operating activities of ₹16.28 crore for the year, while financing activities generated net cash of ₹16.71 crore.

Major Corporate Governance Updates

The Board approved several significant governance matters during their meeting held on April 21, 2026. The 44th Annual General Meeting is scheduled for May 29, 2026 at 11:30 AM. The register of members will remain closed from May 25, 2026 to May 29, 2026.

Key Personnel and Auditor Changes

Significant changes in key personnel were approved by the Board. Mr. Madhvendra Pratap Singh was appointed as Company Secretary and Compliance Officer effective from May 1, 2026, succeeding Mr. Ratnakar Nawghare who ceased from the position effective April 30, 2026 due to superannuation.

Messrs B S R & Co. LLP, Chartered Accountants, were re-appointed as Statutory Auditors from the 44th AGM until the conclusion of the 49th AGM to be held for FY2030-31, subject to shareholder approval. The statutory auditors issued an unmodified opinion on the audited annual financial results.

Share Capital Enhancement

The company allotted 8,284 equity shares of ₹10.00 each on April 21, 2026 to employees who exercised their stock options under the Company's Employees Stock Options Scheme, 2014. Post this allotment, the paid-up capital of the company stands increased to 2,79,50,753 shares of ₹10.00 each aggregating to ₹27,95,07,530.

Mahindra EPC Irrigation Limited has announced the extension of a special window for re-lodgement of physical share transfer requests, providing shareholders with an additional opportunity to complete previously unsuccessful transfer applications. The company has issued compliance filing under Regulation 47 of SEBI regulations regarding newspaper advertisements for this initiative.

Extension Details and Timeline

Following SEBI Circular No. SEBI/HO/38/13/11(2)2026-MIRSD-POD/13750/2026 dated January 30, 2026, the special window has been extended by one year. The facility will remain available from February 5, 2026 to February 4, 2027, allowing eligible shareholders to re-submit their transfer requests.

Eligibility and Requirements

This facility specifically caters to transfer deeds that were lodged prior to April 01, 2019 but were rejected, returned, or not processed due to deficiencies in documents, procedural issues, or other reasons. Shareholders seeking to utilize this window must maintain an active demat account, as all processed shares will be issued exclusively in dematerialized form.

Securities that have already been transferred to the Investor Education and Protection Fund (IEPF) are not eligible for processing under this special window.

Processing Terms and Restrictions

All transfer requests that are properly rectified and re-lodged during the specified period will be processed through the transfer-cum-demat mode. The shares issued under this special window will be subject to specific restrictions:

• Lock-in Period: One year from the date of registration of transfer
• Transfer Restrictions: No transfers permitted during lock-in period
• Lien Restrictions: Cannot be lien-marked during lock-in period
• Pledge Restrictions: Cannot be pledged during lock-in period

Submission Process and Contact Information

Eligible investors must submit their re-lodgment requests along with all requisite documents during working hours from 9:00 a.m. to 5:00 p.m. Required documents include the Client Master List (CML), duly executed transfer deeds, original share certificates, and any other necessary documentation.

Compliance and Documentation

The company has published newspaper advertisements in Navshakti and Free Press Journal to inform shareholders about this facility. The information has also been uploaded on the company's website at www.mahindrairrigation.com . Company Secretary and Compliance Officer Ratnakar Nawghare (Membership No. A8458) has signed the compliance filing dated April 17, 2026, ensuring adherence to regulatory requirements.