Integrated Filing — IndAS



General information about company
Scrip Code 523754
NSE Symbol MAHEPC
MSEI Symbol NOTLISTED
ISIN INE215D01010
Name of company MAHINDRA EPC IRRIGATION LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 17-Apr-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 26-Mar-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Precision Farming Products and Services
Start date and time of board meeting 17-Apr-2025   03:30:00
End date and time of board meeting 17-Apr-2025   05:30:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Unaudited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 958900000 2726700000
Other income 15400000 24200000
Total income 974300000 2750900000
2 Expenses
(a) Cost of materials consumed 406300000 1238300000
(b) Purchases of stock-in-trade 5200000 18100000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 19200000 -1500000
(d) Employee benefit expense 83100000 318100000
(e) Finance costs 7600000 22800000
(f) Depreciation, depletion and amortisation expense 9400000 33600000
(f) Other Expenses
1 Other Expenses 349200000 1014400000
Total other expenses 349200000 1014400000
Total expenses 880000000 2643800000
3 Total profit before exceptional items and tax 94300000 107100000
4 Exceptional items 0 0
5 Total profit before tax 94300000 107100000
6 Tax expense
7 Current tax -1400000 5200000
8 Deferred tax 33200000 29800000
9 Total tax expenses 31800000 35000000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 62500000 72100000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 62500000 72100000
17 Other comprehensive income net of taxes 1200000 500000
18 Total Comprehensive Income for the period 63700000 72600000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 279300000 279300000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 1446800000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 2.24 2.58
Diluted earnings (loss) per share from continuing operations 2.24 2.58
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 2.24 2.58
Diluted earnings (loss) per share from continuing and discontinued operations 2.24 2.58
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 174300000
Capital work-in-progress 2400000
Investment property 0
Goodwill 0
Other intangible assets 600000
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 0
Trade receivables, non-current 31100000
Loans, non-current 0
Other non-current financial assets 14800000
Total non-current financial assets 45900000
Deferred tax assets (net) 82500000
Other non-current assets 90900000
Total non-current assets 396600000
2 Current assets
Inventories 417000000
Current financial asset
Current investments 0
Trade receivables, current 1733600000
Cash and cash equivalents 16900000
Bank balance other than cash and cash equivalents 21000000
Loans, current 0
Other current financial assets 7200000
Total current financial assets 1778700000
Current tax assets (net) 0
Other current assets 323000000
Total current assets 2518700000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 2915300000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 279300000
Other equity 1446800000
Total equity attributable to owners of parent 1726100000
Non controlling interest 0
Total equity 1726100000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 1000000
Total non-current financial liabilities 1000000
Provisions, non-current 7200000
Deferred tax liabilities (net) 0
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 8200000
Current liabilities
Current financial liabilities
Borrowings, current 251900000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 40800000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 674800000
Total Trade payable 715600000
Other current financial liabilities 104000000
Total current financial liabilities 1071500000
Other current liabilities 86000000
Provisions, current 23500000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 1181000000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 1189200000
Total equity and liabilites 2915300000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Unaudited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Unaudited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurements of defined benefit plans 1400000 600000
Total Amount of items that will not be reclassified to profit and loss 1400000 600000
2 Income tax relating to items that will not be reclassified to profit or loss 200000 100000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income 1200000 500000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 107100000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 22800000
Adjustments for decrease (increase) in inventories 27600000
Adjustments for decrease (increase) in trade receivables, current -336800000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 0
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current -300000
Adjustments for other financial assets, current -112700000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 120400000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 0
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 33600000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 4900000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 65500000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 2100000
Adjustments for share-based payments 500000
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 44700000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -131900000
Net cash flows from (used in) operations -24800000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 19100000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities -43900000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 600000
Purchase of property, plant and equipment 19600000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 2000000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 1700000
Net cash flows from (used in) investing activities -15300000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 200000
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 200000000
Repayments of borrowings 104200000
Payments of lease liabilities 1300000
Dividends paid 0
Interest paid 20600000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities 74100000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 14900000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 14900000
Cash and cash equivalents cash flow statement at beginning of period 2000000
Cash and cash equivalents cash flow statement at end of period 16900000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 BSR & Co. LLP Yes 31-Jul-2025