Mercury Ev-Tech
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Mercury Ev-Tech share price

Mercury Ev-Tech Ltd.

NSE: MERCURYEV BSE: 531357 SECTOR: Automobiles - Passenger Cars  95.61 K   205   13

37.08
+1.76 (4.98%)
NSE: Today, 10:24 AM

Price Summary

Today's High

₹ 37.08

Today's Low

₹ 34.3

52 Week High

₹ 36.86

52 Week Low

₹ 30.16

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 704.42 Cr.

Enterprise Value

₹ 651.34 Cr.

No. of Shares

19 Cr.

P/E

207.85

P/B

2.49

Face Value

₹ 1

Div. Yield

0 %

Book Value (TTM)

₹  14.86

CASH

₹ 55.53 Cr.

DEBT

₹ 2.45 Cr.

Promoter Holding

59.18 %

EPS (TTM)

₹  0.18

Sales Growth

252.66%

ROE

4.64 %

ROCE

4.61%

Profit Growth

191.23 %

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* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

Sales Growth

1 Year252.66%
3 Year285.39%
5 Year∞%

Profit Growth

1 Year191.23%
3 Year202.41%
5 Year119.85%

ROE%

1 Year4.64%
3 Year3.82%
5 Year4.51%

ROCE %

1 Year4.61%
3 Year3.79%
5 Year5.87%

Debt/Equity

0.0126

Price to Cash Flow

-22.28

Interest Cover Ratio

14.2473

CFO/PAT (5 Yr. Avg.)

0

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2026 59.18 0.00
Dec 2025 59.18 0.00
Sep 2025 59.18 0.00
Jun 2025 59.18 0.00
Mar 2025 59.18 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 285.388461033322% for the Past 3 years.
  • The company has significantly decreased its debt by 22.6412 Cr.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 14.2473.
  • Company has a healthy liquidity position with current ratio of 16.7123.
  • The company has a high promoter holding of 59.18%.

 Limitations

  • Company has a poor ROE of 3.8198% over the past 3 years.
  • Company has a poor ROCE of 3.78556666666667% over the past 3 years
  • Company has negative cash flow from operations of -31.6227.
  • The company is trading at a high PE of 207.85.
  • The company is trading at a high EV/EBITDA of 101.4239.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 30.98 20.17 4.91 15.49 11.21
Total Expenditure 25.3 19.6 4.59 13.64 9.31
Operating Profit 5.68 0.57 0.31 1.85 1.9
Other Income 0.09 0.96 0.39 0.65 0
Interest 0.25 0.23 0.01 0.07 0
Depreciation 0.14 0.1 0.21 0.85 0.86
Exceptional Items 0 0 0 0 0
Profit Before Tax 5.38 1.2 0.48 1.58 1.03
Tax 1.4 0.08 0.13 0.43 0.27
Profit After Tax 3.98 1.12 0.36 1.15 0.76
Adjusted EPS (Rs) 0.21 0.06 0.02 0.06 0.04

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 1.15 1.18 12.93 19.18 67.64
Total Expenditure 1.27 0.91 12.3 16.15 59.56
Operating Profit -0.12 0.28 0.63 3.03 8.09
Other Income 0.03 0.04 0.53 0.5 1.42
Interest 0 0 0.02 0.2 0.63
Depreciation 0 0 0.05 0.24 0.56
Exceptional Items 0 0 0 0 0
Profit Before Tax -0.09 0.32 1.09 3.09 8.32
Tax 0 0.09 0.21 0.9 1.93
Net Profit -0.09 0.23 0.88 2.19 6.39
Adjusted EPS (Rs.) -0.05 0.12 0.05 0.12 0.34

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 0.7 0.7 16.69 17.55 19
Total Reserves 0.42 0.66 32.95 62.88 261.08
Borrowings 0 0 22.15 23.08 2.45
Other N/C liabilities 0 0 0.05 0.13 0.23
Current liabilities 0.01 0.13 3.87 12.41 13.74
Total Liabilities 1.13 1.48 75.71 116.06 296.5
Assets
Net Block 0 0 2.11 5.23 7.03
Capital WIP 0 0 8.72 43.22 55.05
Intangible WIP 0 0 0 0 0
Investments 0 0 0.02 0.02 3.04
Loans & Advances 0 0.38 1.59 1.83 1.81
Other N/C Assets 0 0 0 0 0
Current Assets 1.12 1.1 63.27 65.76 229.56
Total Assets 1.13 1.48 75.71 116.06 296.5
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations -0.09 0.32 1.09 3.09 8.32
Adjustment 0 -0.04 0.05 0.41 0.25
Changes in Assets & Liabilities 1.12 -0.64 -15.99 -17.83 -39.71
Tax Paid 0 0 0.03 -0.2 -0.49
Operating Cash Flow 1.03 -0.36 -14.81 -14.53 -31.62
Investing Cash Flow 0 0.04 -46.38 -24.85 -133.46
Financing Cash Flow 0 0 69.42 31.27 170.09
Net Cash Flow 1.03 -0.32 8.22 -8.11 5

Corporate Actions

Investors Details

PARTICULARS Mar 2025% Jun 2025% Sep 2025% Dec 2025% Mar 2026%
promoters 59.18 59.18 59.18 59.18 59.18
artiben jayeshbhai thakk... - - - - 14.59
shree saibaba exim priva... - - - - 22.63
raghuvir international pr... 21.95 21.95 21.95 21.95 21.95
artiben jayeshbhai thakka... 14.59 14.59 14.59 14.59 -
shree saibaba exim privat... 22.63 22.63 22.63 22.63 -
PARTICULARS Mar 2025% Jun 2025% Sep 2025% Dec 2025% Mar 2026%
investors 40.82 40.82 40.82 40.82 40.82
forbes emf 1.58 1.58 1.58 1.58 1.58
llp 0.90 0.89 0.72 0.52 0.42
sumit p desai (huf) 1.79 1.53 1.53 1.53 1.53

Annual Reports

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Annual Report 2025
Annual Report 2024
Annual Report 2021
Annual Report 2020
Annual Report 2019
Annual Report 2018
Annual Report 2017

Ratings & Research Reports

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Concalls & Presentations

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Company News

Mercury Ev-Tech informs about updates 13 Feb, 5:09 PM Mercury EV Tech submits newspaper advertisement of notice of postal ballot 13 Jan, 11:05 AM Mercury EV-Tech informs about confirmation certificate 9 Jan, 4:57 PM Mercury Ev-Tech informs about trading window closure 26 Dec, 12:18 PM Mercury Ev-Tech informs about scrutiniser’s report 17 Dec, 2:28 PM Mercury Ev-Tech informs about resignation of CS 30 Oct, 3:45 PM Mercury Metals - Quaterly Results 14 Aug, 8:28 PM Mercury Metals - Quaterly Results 14 Aug, 8:28 PM Mercury Ev-Tech opens new showroom in Gujarat 5 Jun, 3:00 PM Mercury Ev-Tech informs about newspaper publication 24 May, 1:07 PM Mercury Metals - Quaterly Results 22 May, 9:37 PM Mercury Metals - Quaterly Results 22 May, 9:37 PM Mercury Ev-Tech commissions lithium-ion battery manufacturing facility in Vadodara 15 Apr, 11:42 AM Mercury Ev-Tech informs about compliances certificate 14 Apr, 3:04 PM Mercury Ev-Tech informs about trading window closure 27 Mar, 3:26 PM Mercury Metals - Quaterly Results 11 Feb, 6:36 PM Mercury Metals - Quaterly Results 11 Feb, 6:36 PM Mercury Ev-Tech informs about newspaper publication 19 Dec, 4:36 PM Mercury Metals - Quaterly Results 15 Nov, 8:54 PM Mercury Ev-Tech informs about newspaper publication 5 Oct, 3:32 PM Mercury Ev-Tech informs about press release 20 Sep, 12:47 PM Mercury Metals - Quaterly Results 14 Aug, 3:53 PM Mercury Metals - Quaterly Results 14 Aug, 3:53 PM Mercury Metals - Quaterly Results 14 Aug, 3:53 PM Mercury Ev-Tech informs about closure of trading window 27 Jun, 2:58 PM Mercury Ev-Tech informs about press release 1 Jun, 12:07 PM Mercury Ev-Tech submits statement of deviation or variation 31 May, 10:04 AM Mercury Metals - Quaterly Results 31 May, 12:05 AM Mercury Metals - Quaterly Results 31 May, 12:05 AM Mercury Metals - Quaterly Results 31 May, 12:05 AM Mercury Ev-Tech gets nod to acquire 65% stake in Traclaxx Tractors 8 May, 3:12 PM Mercury Ev-Tech informs about details of loss of certificate 4 May, 1:15 PM Mercury EV-Tech informs about compliance certificate 27 Apr, 12:28 PM Mercury Ev-Tech gets nod to acquire 65% stake in Altius EV Tech 15 Apr, 10:13 AM Mercury Ev-Tech informs about business updates 1 Apr, 3:20 PM Mercury Ev-Tech informs about disclosures 12 Mar, 5:06 PM Mercury Ev-Tech enters into MoU with HHL, HHIL 27 Feb, 2:28 PM Mercury Ev-Tech informs about disclosure 17 Feb, 12:12 PM Mercury Metals - Quaterly Results 12 Feb, 6:32 PM Mercury Metals - Quaterly Results 12 Feb, 6:32 PM Mercury Ev-Tech informs about disclosure 10 Jan, 10:50 AM Mercury Ev-Tech informs about disclosures 1 Jan, 4:03 PM Mercury Ev-Tech informs about disclosure 16 Dec, 3:42 PM Mercury Ev-Tech acquires 20% stake in Powermetz Energy 8 Dec, 10:30 AM Mercury Metals - Quaterly Results 6 Nov, 8:39 PM Mercury Metals - Quaterly Results 6 Nov, 8:39 PM Mercury EV-Tech signs MoU with SRBH Motors 13 Oct, 12:57 PM Mercury Ev-Tech informs about compliance certificate 9 Oct, 2:48 PM Mercury Ev-Tech informs about analyst meet 25 Sep, 5:59 PM Mercury Metals - Quaterly Results 11 Aug, 5:29 PM

Mercury Ev-Tech Stock Price Analysis and Quick Research Report. Is Mercury Ev-Tech an attractive stock to invest in?

The Indian Auto Industry is among the top five largest in the world. India is also a prominent auto exporter and has strong export growth expectations for the near future. The government's support is providing the auto companies with a boost needed in their development. But will it sustain?

We can look into more details and dig a little deeper into the analysis of the stock of this sector. Mercury Ev-Tech stock price today is Rs 37.08. Let’s look at how Mercury Ev-Tech is performing and if it is the right time to buy the stock of Mercury Ev-Tech with detailed analysis.

  • The mainstream of revenue for Auto Sector is their sales, Mercury Ev-Tech has reported outstanding sales growth of 252.6639% and in the latest quarter sales was Rs 11.208 Cr. To judge whether the company’s inventory is being sold or not and the sales picture is true, inventory turnover ratio plays a major role, which is 7.8958 times for Mercury Ev-Tech . It is managing its inventory poorly .
     
  • Mercury Ev-Tech reported Profit growth of 191.23 % over the year, where the latest year profit is Rs 6.3858 Cr compared to the previous year of Rs 2.1927 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
     
  • The operating profit of Mercury Ev-Tech in the latest quarter is Rs 1.898 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
     
  • Mercury Ev-Tech has a poor ROE of 4.6366%. The ROE is an important financial parameter because Auto companies work with high equity investments. Also, they have to take huge debt to incur the research and manufacturing work so their Debt to Equity ratio should be evaluated. Mercury Ev-Tech has a low Debt to Equity ratio of 0.0126.
     
  • Mercury Ev-Tech pays a dividend of 0 Rs per share. It tells us that a company dislikes to share profits with its shareholders. The dividend yield is low at 0%.
     
  • The share of promoter in Mercury Ev-Tech is high at 59.18%, where the pledging is 0%.
     
  • What the market is willing to pay for the company for its earnings can be determined by PE multiple. Current PE of Mercury Ev-Tech is 207.847533632287 compared to the 5 year average PE of 216.116053374033.

One can find all the Financial Ratios of Mercury Ev-Tech in Ticker for free. Also, one can get the intrinsic value of Mercury Ev-Tech by using Valuation Calculators, which are available with a Finology ONE subscription. 

Mercury Ev-Tech FAQs

Q1. What is Mercury Ev-Tech share price today?
Ans: The current share price of Mercury Ev-Tech is Rs 37.08.

Q2. What is the market capitalisation of Mercury Ev-Tech?
Ans: Mercury Ev-Tech has a market capitalisation of Rs 704.420099064 Cr., calculated based on its latest share price.

Q3. What are the P/E and P/B ratios of Mercury Ev-Tech?
Ans: The PE ratio of Mercury Ev-Tech is 207.847533632287 and the P/B ratio of Mercury Ev-Tech is 2.49486963835156, showing how the stock is valued against its earnings and book value.

Q4. What is the 52-week high and low of Mercury Ev-Tech share?
Ans: The 52-week high share price of Mercury Ev-Tech is Rs 36.86, and the 52-week low share price of Mercury Ev-Tech is Rs 30.16.

Q5. Does Mercury Ev-Tech pay dividends?
Ans: Currently, Mercury Ev-Tech does not pay dividends. Dividend yield of Mercury Ev-Tech is around 0%.

Q6. What are the face value and book value of Mercury Ev-Tech shares?
Ans: The face value of Mercury Ev-Tech shares is Rs 1, while the book value per share of Mercury Ev-Tech is around Rs 14.8625. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.

Q7. What is the debt of Mercury Ev-Tech?
Ans: Mercury Ev-Tech has a total debt of Rs 2.45 Cr., which affects investor sentiment and financial stability. 

Q8. What are the ROE and ROCE of Mercury Ev-Tech?
Ans: The ROE of Mercury Ev-Tech is 4.6366% and ROCE of Mercury Ev-Tech is 4.612%. ROE shows how efficiently the company is generating profit from shareholders’ equity, while the ROCE is reflects how efficiently the company uses its capital to generate returns.

Q9. Is Mercury Ev-Tech a good buy for the long term?
Ans: The Mercury Ev-Tech long-term outlook depends on debt levels, earnings growth, and sector trends. If it sustains profits and manages debt well, it may be considered for long-term investment.

Q10. Is Mercury Ev-Tech undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Mercury Ev-Tech appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.

Q11. How to check Mercury Ev-Tech’s financials?
Ans: You can review Mercury Ev-Tech’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.

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Brief about Mercury Ev-Tech
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