Mercury Metals
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Mercury Metals share price

Mercury Ev-Tech Ltd.

BSE: 531357 SECTOR: Automobiles - Passenger Cars  44k   152   12

83.66
0 0
BSE: 19 Apr 04:01 PM

Price Summary

Today's High

₹ 84.2

Today's Low

₹ 80.25

52 Week High

₹ 143.8

52 Week Low

₹ 17.1

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
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

₹ 1468.63 Cr.

Enterprise Value

₹ 1481.95 Cr.

No. of Shares

17.55 Cr.

P/E

644.53

P/B

18.37

Face Value

₹ 1

Div. Yield

0 %

Book Value (TTM)

₹  4.55

CASH

₹ 8.98 Cr.

DEBT

₹ 22.29 Cr.

Promoter Holding

62.56 %

EPS (TTM)

₹  0.13

Sales Growth

1035.35%

ROE

3.45 %

ROCE

3.03%

Profit Growth

281.12 %

Add Your Ratio

* 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

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

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year1035.35%
3 Year∞%
5 Year81.55%

Profit Growth

1 Year281.12%
3 Year106.48%
5 Year39.88%

ROE%

1 Year3.45%
3 Year4.85%
5 Year-0.84%

ROCE %

1 Year3.03%
3 Year7.01%
5 Year0.37%

Debt/Equity

0.4491

Price to Cash Flow

-99.14

Interest Cover Ratio

54.2341463414634

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 62.56 0
Sep 2023 62.56 0
Jun 2023 62.56 0
Mar 2023 62.56 0
Dec 2022 62.56 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company has a healthy Interest coverage ratio of 54.2341463414634.
  • Company has a healthy liquidity position with current ratio of 16.3492350630556.
  • The company has a high promoter holding of 62.56%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 52.5186976095141.

 Limitations

  • Company has a poor ROE of 4.85460185838647% over the past 3 years.
  • Company has negative cash flow from operations of -14.8136.
  • The company has a low EBITDA margin of 1.32394733101645% over the past 5 years.
  • The company is trading at a high PE of 644.53.
  • The company is trading at a high EV/EBITDA of 432.1358.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 2.01 6.8 6.35 4.15 4.09
Total Expenditure 1.57 6.22 5.4 3.55 3.3
Operating Profit 0.44 0.58 0.95 0.59 0.8
Other Income 0 0.04 0 0.5 0
Interest 0.01 0.01 0.01 0.14 0.12
Depreciation 0.01 0.03 0.04 0.04 0.09
Exceptional Items 0 0 0 0 0
Profit Before Tax 0.43 0.57 0.91 0.91 0.59
Tax 0.11 0.08 0.16 0.16 0.3
Profit After Tax 0.32 0.5 0.75 0.75 0.29
Adjusted EPS (Rs) 0.02 0.03 0.04 0.04 0.02

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 0.83 0 1.15 1.18 13.42
Total Expenditure 0.95 0.14 1.27 0.91 12.3
Operating Profit -0.12 -0.14 -0.12 0.28 1.12
Other Income 0 0.01 0.03 0.04 0.04
Interest 0 0 0 0 0.02
Depreciation 0 0 0 0 0.05
Exceptional Items 0 0 0 0 0
Profit Before Tax -0.12 -0.13 -0.09 0.32 1.09
Tax 0 -0.01 0 0.09 0.21
Net Profit -0.12 -0.13 -0.09 0.23 0.88
Adjusted EPS (Rs.) -0.06 -0.07 -0.05 0.12 0.05

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 0.7 0.7 0.7 0.7 16.69
Total Reserves 0.65 0.51 0.42 0.66 32.95
Borrowings 0 0 0 0 22.15
Other N/C liabilities 0 0 0 0 0.05
Current liabilities 0.03 0.02 0.01 0.13 3.87
Total Liabilities 1.37 1.22 1.13 1.48 75.71
Assets
Net Block 0 0 0 0 2.11
Capital WIP 0 0 0 0 8.72
Intangible WIP 0 0 0 0 0
Investments 0.01 0 0 0 0.02
Loans & Advances 0 0 0 0.38 1.59
Other N/C Assets 0 0 0 0 0
Current Assets 1.36 1.22 1.12 1.1 63.27
Total Assets 1.37 1.22 1.13 1.48 75.71
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations -0.12 -0.13 -0.09 0.32 1.09
Adjustment 0 0 0 -0.04 0.05
Changes in Assets & Liabilities 0.12 0.11 1.12 -0.64 -15.99
Tax Paid 0 0 0 0 0.03
Operating Cash Flow 0 -0.02 1.03 -0.36 -14.81
Investing Cash Flow 0 0 0 0.04 -46.38
Financing Cash Flow 0 0 0 0 69.42
Net Cash Flow 0 -0.02 1.03 -0.32 8.22

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 62.56 62.56 62.56 62.56 62.56
artiben jayeshbhai thakka... 0.42 0.42 0.42 0.42 0.42
kavit jayeshbhai thakkar 16.20 16.20 16.20 16.20 16.20
raghuvir international pr... 23.01 23.01 23.01 23.01 23.01
shree saibaba exim privat... 22.93 22.93 22.93 22.93 22.93
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 37.44 37.44 37.44 37.44 37.44
llp - 0.01 0.01 0.06 0.12
shreni shares limited - - - - 1.41
sumit p desai (huf) 9.72 9.72 9.72 7.76 5.29
sunrise gilts & securitie... - - - 1.28 1.65
wealth 4 u hospitality co... 5.71 5.71 4.53 2.73 2.73
glaston mario menezes - 1.18 1.16 1.05 -

Annual Reports

Ratings & Research Reports

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Company Presentations

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Company News

Mercury Ev-Tech gets nod to acquire 65% stake in Altius EV Tech15 Apr 2024, 10:13AM Mercury Ev-Tech informs about business updates1 Apr 2024, 3:20PM Mercury Ev-Tech informs about disclosures 12 Mar 2024, 5:06PM Mercury Ev-Tech enters into MoU with HHL, HHIL27 Feb 2024, 2:28PM Mercury Ev-Tech informs about disclosure17 Feb 2024, 12:12PM Mercury Metals - Quaterly Results12 Feb 2024, 6:32PM Mercury Metals - Quaterly Results12 Feb 2024, 6:32PM Mercury Ev-Tech informs about disclosure 10 Jan 2024, 10:50AM Mercury Ev-Tech informs about disclosures1 Jan 2024, 4:03PM Mercury Ev-Tech informs about disclosure16 Dec 2023, 3:42PM Mercury Ev-Tech acquires 20% stake in Powermetz Energy8 Dec 2023, 10:30AM Mercury Metals - Quaterly Results6 Nov 2023, 8:39PM Mercury Metals - Quaterly Results6 Nov 2023, 8:39PM Mercury EV-Tech signs MoU with SRBH Motors13 Oct 2023, 12:57PM Mercury Ev-Tech informs about compliance certificate9 Oct 2023, 2:48PM Mercury Ev-Tech informs about analyst meet25 Sep 2023, 5:59PM Mercury Metals - Quaterly Results11 Aug 2023, 5:29PM Mercury Metals - Quaterly Results11 Aug 2023, 5:29PM Mercury EV-Tech informs about board meeting 3 Aug 2023, 1:18PM Mercury EV-Tech’s arm gets AIS 156 Phase-II certification for Battery Pack used in Ultra High-Speed 2W Bikes 16 Jun 2023, 12:12PM Mercury EV-Tech informs about business update3 Jun 2023, 3:47PM Mercury EV-Tech’s arm gets ISO 9001:2015 Quality Management Systems certification3 Jun 2023, 2:55PM Mercury EV-Tech’s arm secures order worth Rs 110 crore to supply E2W batteries29 Apr 2023, 2:44PM Mercury Metals informs about appointment of other officials 18 Apr 2023, 4:36PM Mercury Metals informs about outcome of independent directors meeting29 Mar 2023, 5:07PM Mercury Metals informs about voting results of postal ballot notice3 Mar 2023, 4:36PM Mercury Metals - Quaterly Results14 Feb 2023, 7:23PM Mercury Metals informs about updates 7 Feb 2023, 3:45PM Mercury Metals informs about change in directorate3 Oct 2022, 3:40PM Mercury Metals informs about disclosure19 Sep 2022, 3:30PM Mercury Metals - Quaterly Results9 Aug 2022, 6:57PM Mercury Metals - Quaterly Results9 Aug 2022, 6:57PM Mercury Metals informs about change in registered office 29 Jun 2022, 4:58PM Mercury Metals - Quaterly Results17 May 2022, 7:17PM Mercury Metals - Quaterly Results17 May 2022, 7:17PM Mercury Metals picks up entire stake in Kavit Infra Project22 Apr 2022, 9:44AM Mercury Metals informs about disclosure26 Feb 2022, 9:34AM Mercury Metals informs about pre-offer advertisement 20 Jan 2022, 4:28PM Mercury Metals fixes book closure for AGM31 Aug 2021, 1:15PM Mercury Metals - Quaterly Results28 Aug 2020, 6:03PM

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

 

The Indian Auto Industry comes in the top 5 largest auto industries of the world. India is also a prominent auto exporter and has strong export growth expectations for the near future. The support from the government 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. Let’s look at how Mercury Metals is performing and if it is the right time to buy the stock of Mercury Metals with detailed analysis.

  • The mainstream of revenue for Auto Sector is their sales, Mercury Metals has reported outstanding sales growth of 1035.34738089194 % and in the latest quarter sales was Rs 4.091 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 2.2327547471251 times for Mercury Metals . It is managing its inventory poorly . 
     
  • Mercury Metals reported Profit growth of 281.117366825466 % over the year, where the latest year profit is Rs 0.88 Cr compared to the previous year of Rs 0.2309 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 Metals in the latest quarter is Rs 0.794999999999999 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
     
  • Mercury Metals has a poor ROE of 3.4513999741145 %. 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 Metals has a low Debt to Equity ratio of 0.4491.
     
  • Mercury Metals 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 Metals is high at 62.56 %, 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 Metals is 644.530046224961 compared to the 5 year average PE of 52.7703806226102 .
     
  • Share Price: - The current share price of Mercury Metals is Rs 83.66. One can use valuation calculators of ticker to know if Mercury Metals share price is undervalued or overvalued.
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Brief about Mercury Metals
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