Mahindra EPC Irrigation has officially announced its audited standalone and consolidated financial results for FY26 through a regulatory filing and press release dated April 23, 2026. The irrigation solutions company delivered exceptional performance with significant growth across key financial metrics, achieving its highest-ever annual revenue despite challenging operating conditions.

Official Results Announcement and Regulatory Compliance

Pursuant to Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company filed its press release with NSE and BSE on April 23, 2026. The announcement was signed by Company Secretary and Compliance Officer Ratnakar Nawghare and uploaded on the company's website at www.mahindrairrigation.com .

Strong FY26 Financial Performance

The company delivered robust financial results in FY26 with remarkable improvements across all major parameters. Total revenue grew to ₹315.79 crore from ₹275.09 crore in FY25, representing a growth of 14.50%. Net profit for the year increased substantially to ₹12.69 crore compared to ₹7.21 crore in FY25, representing a growth of 76.00%. Profit before tax increased by 58.50% to ₹16.99 crore from ₹10.71 crore in the previous year.

Strategic Performance Drivers

The strong performance was driven by focused market development initiatives, a conscious shift towards non-subsidy business avenues, enhanced financial prudence, and continued investments in building organizational capabilities. During FY26, the industry faced multiple headwinds, including delayed fund releases by nodal agencies, uneven and excessive rainfall patterns across key regions, and the late-year impact of geopolitical developments on input costs and sentiment.

Despite these challenges, the company achieved its highest-ever annual revenue, demonstrating the resilience of its business model. The company consciously calibrated its operations in certain core states to manage concentration risks and strengthen internal processes, which contributed meaningfully to profitability.

Future Outlook and Market Positioning

Looking ahead, the company is closely monitoring global geopolitical developments and the upcoming monsoon season while recalibrating its market strategy accordingly. With the reduction in GST on micro-irrigation systems from 12.00% to 5.00%, increased government focus on expanding micro-irrigation coverage, renewed activity in key states, and the emergence of new markets, the micro-irrigation industry is expected to witness steady growth in the coming years.

Corporate Governance and Leadership

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. Significant changes in key personnel were approved, with Mr. Madhvendra Pratap Singh 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.

Mahindra EPC Irrigation Limited has announced the availability of the audio recording from its investor call held on April 22, 2026, following the completion of the scheduled analyst and institutional investor interaction. The company filed the update on April 22, 2026, addressing both the National Stock Exchange of India Limited and BSE Limited.

Call Completion and Audio Availability

The investor interaction was successfully conducted on Wednesday, April 22, 2026, as previously scheduled. The audio recording is now available on the company's official website for stakeholders who wish to review the discussions.

Board Approval and Financial Results

The audited financial results for the quarter and year ended March 31, 2026, were approved by the Board at its meeting held on April 21, 2026. This board approval preceded the investor call, ensuring that the latest financial information could be discussed during the interaction.

Regulatory Compliance and Disclosure

The announcement was made pursuant to Regulation 30(6) read with sub para 15 Para A Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Ratnakar Nawghare signed the intimation, maintaining the company's commitment to regulatory compliance.

Information Sharing Guidelines

The company has confirmed that only publicly available documents were referenced during discussions and no unpublished price sensitive information (UPSI) was shared during the investor and analyst conference call. This adherence to disclosure norms ensures compliance with SEBI regulations regarding information sharing in investor interactions.