MAHEPC
What Mahindra EPC Irrigation promised, and what happened
Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.
Guidance record · Q4 FY26
what the last two calls moved 6 tracked 2 delivered 1 missed 3 open- Revenue Growth vs Industry delivered said Q4 FY25 Promised: growing faster than the industry Q4 FY26: FY26 revenue grew 14.8%, significantly above the industry's 6-7% growth.
- Cash Flow missed said Q2 FY26 Promised: expect an improvement in the next six months [H2 FY26] Q4 FY26: The Q4 FY26 report explicitly mentions a 'pile-up of receivables for the industry in FY26' and acknowledges a 5-year negative free cash flow trend, directly contradicting the earlier expectation of improvement.
- Operating Profit Margin at risk said Q4 FY25 Promised: Return to historical stable range of 6-8% as a first milestone. Q4 FY26: FY26 PBT margin was ~5.4%. While an improvement over FY25's 5.0% OPM, it remains below the 6-8% target range.
The rest of the ledger
Above is what the last two calls moved. Pro opens all 6 tracked commitments for Mahindra EPC Irrigation — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.
See what Pro opens