Mahindra EPC Key Ratios
NSE: MAHEPC | BSE: 523754
₹106.86
As on 27-Aug-2026IST
Market cap
₹299 Cr
Revenue (TTM)
₹304 Cr
P/E Ratio
31.3
P/B Ratio
1.6
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -49.38 | -12.70 | 5.12 | 12.04 | 4.31 |
| EBIT | -133.28 | -207.22 | -8.10 | 51.98 | -1.54 |
| Net Profit | -144.68 | -318.37 | 2.17 | 53.93 | -2.36 |
| EPS | -144.66 | -318.27 | -11.58 | 50.72 | -5.24 |
| Book Value | -- | -- | 7.24 | 4.28 | -0.13 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 3.59 | -0.21 | 4.74 | 5.91 | 3.88 |
| Net Margin
| 2.42 | -0.45 | 3.11 | 4.02 | 2.62 |
| Return on equity
| 4.13 | 0.14 | 6.16 | 7.10 | 4.28 |
| Return on Capital
| 6.38 | 1.49 | -- | 9.41 | 6.87 |
| Return on Assets
| 2.49 | -0.06 | 2.98 | 4.04 | 2.73 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.24 | 0.15 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mahindra EPC
|
--
|
9.41
|
6.87
|
2.86
|
-7.29
|
|
Peer Median
|
--
|
9.41
|
19.78
|
--
|
--
|
ROE
6.16
Lower than Peers by 0.63
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mahindra EPC
|
6.16
|
7.10
|
4.28
|
1.02
|
-7.31
|
|
Peer Median
|
6.79
|
7.10
|
15.60
|
--
|
--
|
ROA
2.98
Lower than Peers by 1.72
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mahindra EPC
|
2.98
|
4.04
|
2.73
|
0.69
|
-4.80
|
|
Peer Median
|
4.70
|
4.04
|
8.36
|
--
|
--
|
EBIT Margin
4.74
Lower than Peers by 1.11
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mahindra EPC
|
4.74
|
5.91
|
3.88
|
0.98
|
-7.74
|
|
Peer Median
|
5.85
|
5.80
|
6.57
|
--
|
--
|
Net Margin
3.11
Lower than Peers by 0.84
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mahindra EPC
|
3.11
|
4.02
|
2.62
|
0.63
|
-5.78
|
|
Peer Median
|
3.94
|
3.69
|
6.31
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mahindra EPC
|
--
|
4.99
|
3.82
|
1.80
|
-4.29
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
5.12
Higher than Peers by 6.39
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mahindra EPC
|
5.12
|
14.46
|
3.89
|
24.76
|
-0.74
|
|
Peer Median
|
-1.27
|
1.85
|
2.69
|
--
|
--
|
EBIT Growth
-8.10
Lower than Peers by 7.52
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mahindra EPC
|
-8.10
|
74.36
|
312.89
|
115.72
|
-89.64
|
|
Peer Median
|
-0.57
|
23.82
|
7.65
|
--
|
--
|
Net Profit Growth
2.17
Higher than Peers by 6.49
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mahindra EPC
|
2.17
|
76.01
|
331.74
|
113.57
|
-55.63
|
|
Peer Median
|
-4.31
|
-11.55
|
2.95
|
--
|
--
|
EPS Growth
-11.58
Lower than Peers by 15.11
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mahindra EPC
|
-11.58
|
75.94
|
331.40
|
113.56
|
-55.35
|
|
Peer Median
|
3.54
|
22.22
|
4.48
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mahindra EPC
|
--
|
7.28
|
4.55
|
1.30
|
-6.55
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mahindra EPC
|
--
|
0.24
|
0.15
|
0.09
|
0.09
|
|
Peer Median
|
0.01
|
0.21
|
0.10
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mahindra EPC
|
--
|
0.24
|
0.14
|
0.09
|
0.09
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.74
Lower than Peers by 0.04
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mahindra EPC
|
1.74
|
1.74
|
2.13
|
2.35
|
2.20
|
|
Peer Median
|
1.78
|
1.74
|
1.72
|
--
|
--
|
Quick Ratio
1.52
Higher than Peers by 0.53
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mahindra EPC
|
1.52
|
1.52
|
1.78
|
1.86
|
1.75
|
|
Peer Median
|
0.99
|
1.22
|
1.21
|
--
|
--
|
Interest Coverage
4.72
Lower than Peers by 0.93
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mahindra EPC
|
4.72
|
6.41
|
5.70
|
1.90
|
-6.22
|
|
Peer Median
|
5.65
|
4.43
|
15.54
|
--
|
--
|
Operating Efficiency
Debtors to sales
71.31
Higher than Peers by 62.14
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mahindra EPC
|
71.31
|
69.51
|
63.58
|
55.38
|
54.07
|
|
Peer Median
|
9.16
|
11.76
|
12.84
|
--
|
--
|
Asset Turnover
0.95
Lower than Peers by 0.08
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mahindra EPC
|
0.95
|
1.01
|
1.05
|
1.10
|
0.84
|
|
Peer Median
|
1.03
|
1.05
|
1.10
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mahindra EPC
|
--
|
224.07
|
210.31
|
176.33
|
213.48
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mahindra EPC
|
--
|
45.03
|
56.85
|
57.63
|
64.65
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mahindra EPC
|
--
|
215.94
|
193.26
|
154.65
|
171.43
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mahindra EPC
|
--
|
53.16
|
73.90
|
79.31
|
106.71
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
31.25
Lower than Peers by 40.08
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mahindra EPC
|
31.25
|
20.40
|
45.71
|
199.45
|
--
|
|
Peer Median
|
71.33
|
32.66
|
56.56
|
--
|
--
|
Price / Book Value
1.64
Lower than Peers by 0.02
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mahindra EPC
|
1.64
|
1.40
|
1.91
|
2.02
|
1.48
|
|
Peer Median
|
1.66
|
1.70
|
2.28
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mahindra EPC
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.26
|
0.26
|
0.16
|
--
|
--
|
EV/EBITDA
16.04
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mahindra EPC
|
16.04
|
11.96
|
21.45
|
39.48
|
-23.79
|
|
Peer Median
|
--
|
18.78
|
22.20
|
--
|
--
|
Market Cap
299
Lower than Peers by 340
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mahindra EPC
|
299
|
259
|
330
|
333
|
241
|
|
Peer Median
|
639
|
639
|
1,441
|
--
|
--
|