Sharescart Research Club logo

Mercury Laboratories Overview

Mercury Laboratories Limitedwas established in the mid-1960s and now is a leading pharmaceutical company known for its commitment to quality and innovation. Company specializes in the development, manufacturing, and marketing of a wide range of pharmaceutical formulations, including tablets, capsules, injectables, and ointments. Mercury Laboratories Limitedserves to a diverse clientele including hospitals, healthcare providers, and pharmaceutical distributors across domestic and international markets. Promoted by a team of experienced professio...Read More

Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

Mercury Laboratories Key Financials

Market Cap ₹88 Cr.

Stock P/E 28

P/B 1.6

Current Price ₹735

Book Value ₹ 473

Face Value 10

52W High ₹976

Dividend Yield 0.48%

52W Low ₹ 620.6

Mercury Laboratories Share Price

₹ | |

Volume
Price

Mercury Laboratories Quarterly Price

Show Value Show %

Mercury Laboratories Peer Comparison

Mercury Laboratories Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 23 17 17 17 18 20 21 18 19 18
Other Income 0 0 0 0 0 1 0 0 1 0
Total Income 23 17 18 17 18 20 21 18 20 19
Total Expenditure 20 15 15 15 17 18 19 16 17 16
Operating Profit 3 2 3 2 2 3 2 3 3 3
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 1 1 1 1 1 1 1 1 1 1
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 -0
Profit Before Tax 2 2 2 1 1 2 1 2 2 1
Provision for Tax 1 0 0 1 0 0 0 1 0 0
Profit After Tax 2 1 2 0 1 1 1 1 2 1
Adjustments 0 0 0 0 -0 0 0 0 -0 0
Profit After Adjustments 2 1 2 0 1 1 1 1 2 1
Adjusted Earnings Per Share 12.6 10.3 15.9 2.9 4.2 9.9 9.3 8.1 13.7 8.3

Mercury Laboratories Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 41 48 48 52 56 57 69 58 75 76 75 76
Other Income 1 1 0 0 1 1 1 1 2 1 1 1
Total Income 42 48 48 52 57 58 69 59 77 77 76 78
Total Expenditure 35 41 41 47 50 51 59 51 67 67 68 68
Operating Profit 7 7 7 5 7 7 10 8 10 10 8 11
Interest 1 1 1 1 1 1 1 0 0 0 1 0
Depreciation 1 1 1 1 2 2 2 2 2 3 3 4
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 5 5 5 2 4 4 8 5 7 7 5 6
Provision for Tax 1 1 2 0 1 1 3 1 2 1 2 1
Profit After Tax 3 4 3 2 3 3 5 4 6 6 3 5
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 3 4 3 2 3 3 5 4 6 6 3 5
Adjusted Earnings Per Share 27.6 32.7 22.5 16.8 23.6 26.9 44.5 29.7 46.5 47.1 26.2 39.4

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -1% 9% 6% 6%
Operating Profit CAGR -20% 0% 3% 1%
PAT CAGR -50% -9% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -10% 7% -2% 6%
ROE Average 6% 10% 11% 12%
ROCE Average 9% 13% 14% 16%

Mercury Laboratories Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 18 22 24 26 29 32 37 40 46 51 54
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 2 3 7 10 9 6 6 2 2 3 3
Other Non-Current Liabilities 2 1 3 3 3 3 3 4 2 2 3
Total Current Liabilities 21 20 17 13 17 15 19 16 14 13 15
Total Liabilities 43 47 51 52 57 56 65 62 64 68 74
Fixed Assets 19 19 18 21 24 24 26 26 24 24 25
Other Non-Current Assets 0 0 1 1 1 1 1 1 0 4 10
Total Current Assets 23 28 31 30 32 32 38 35 39 40 40
Total Assets 43 47 51 52 57 56 65 62 64 68 74

Mercury Laboratories Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 1 1 1 4 1 3 5 7 7 8
Cash Flow from Operating Activities 3 -0 2 5 5 5 8 5 2 8 4
Cash Flow from Investing Activities -2 -0 -2 -4 -5 -1 -5 -2 -1 -6 -9
Cash Flow from Financing Activities -2 0 -0 1 -3 -3 -1 -1 -1 -1 -1
Net Cash Inflow / Outflow -0 0 0 2 -2 1 2 2 0 1 -6
Closing Cash & Cash Equivalent 1 1 1 4 1 3 5 7 7 8 2

Mercury Laboratories Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 27.61 32.69 22.53 16.78 23.63 26.9 44.48 29.68 46.49 47.12 26.21
CEPS(Rs) 37.45 42.56 33.26 29.06 37.2 42.48 60.48 50.12 67.18 70.58 50.17
DPS(Rs) 1.5 1.5 1.5 1.5 1.5 2 3.5 3.5 3.5 3.5 3.5
Book NAV/Share(Rs) 151.18 182.06 203.94 219.56 241.38 266.48 307.46 335.89 380.24 423.65 446.41
Core EBITDA Margin(%) 13.41 12.91 13.41 8.35 10.31 10.77 13.98 12.07 11.38 11.95 9.34
EBIT Margin(%) 13.27 12.1 11.54 6.42 9.26 8.99 12.46 9.46 10.36 9.67 6.94
Pre Tax Margin(%) 10.68 9.84 9.76 4.69 7.3 7.56 11.53 8.69 9.88 9.16 6.21
PAT Margin (%) 7.68 7.82 5.39 3.84 5.11 5.64 7.78 6.15 7.41 7.48 4.19
Cash Profit Margin (%) 10.42 10.18 7.96 6.66 8.04 8.9 10.58 10.38 10.7 11.21 8.02
ROA(%) 8.01 8.81 5.54 3.92 5.2 5.68 8.77 5.57 8.81 8.56 4.42
ROE(%) 19.75 19.62 11.67 7.92 10.26 10.59 15.5 9.23 12.98 11.72 6.02
ROCE(%) 21.32 21.58 18.93 9.89 13.77 13.25 20.56 12.26 16.19 13.61 9.14
Receivable days 101.84 93.06 112.64 112.3 111.78 119.27 108.21 123.77 92.32 104.38 115.65
Inventory Days 33.82 39.36 51.11 53.27 47.57 39.17 28.38 37.61 33.14 31.66 32.6
Payable days 228.53 207.06 239.96 222.04 199.88 210.82 178.16 225.52 128.22 103.82 152.93
PER(x) 1.43 13.28 17.76 23.25 14.34 10.45 14.45 16.34 12.59 17.66 31.25
Price/Book(x) 0.26 2.39 1.96 1.78 1.4 1.05 2.09 1.44 1.54 1.96 1.83
Dividend Yield(%) 3.81 0.35 0.38 0.38 0.44 0.71 0.54 0.72 0.6 0.42 0.43
EV/Net Sales(x) 0.3 1.23 1.12 1.02 0.88 0.67 1.16 0.97 0.91 1.29 1.33
EV/Core EBITDA(x) 1.8 8.03 7.63 10.91 7.21 5.47 7.58 7.23 6.64 9.6 12.39
Net Sales Growth(%) -0.62 15.36 1.07 8 7.04 3.15 19.79 -15.56 30.06 0.3 -0.61
EBIT Growth(%) -8.63 6.07 -4.65 -41.88 52.81 0.15 66.14 -35.9 42.43 -6.45 -28.67
PAT Growth(%) 2.85 18.39 -31.09 -25.52 40.87 13.82 65.34 -33.27 56.62 1.35 -44.38
EPS Growth(%) 2.85 18.39 -31.09 -25.52 40.87 13.82 65.34 -33.27 56.62 1.35 -44.38
Debt/Equity(x) 0.49 0.34 0.3 0.37 0.33 0.22 0.19 0.13 0.12 0.11 0.08
Current Ratio(x) 1.11 1.36 1.91 2.28 1.89 2.09 2.01 2.24 2.78 3.15 2.66
Quick Ratio(x) 0.89 1.05 1.45 1.69 1.48 1.73 1.73 1.81 2.3 2.66 2.18
Interest Cover(x) 5.13 5.36 6.49 3.71 4.72 6.3 13.33 12.28 21.57 19.07 9.51
Total Debt/Mcap(x) 1.88 0.14 0.16 0.21 0.23 0.21 0.09 0.09 0.08 0.06 0.04

Mercury Laboratories Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 73.66 73.66 73.66 73.66 73.66 73.66 73.66 73.66 73.66 73.66
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 26.34 26.34 26.34 26.34 26.34 26.34 26.34 26.34 26.34 26.34
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Mercury Laboratories News

Mercury Laboratories Pros & Cons

Pros

  • Company is almost debt free.

Cons

  • Company has a low return on equity of 10% over the last 3 years.
  • Debtor days have increased from 103.82 to 152.93days.
whatsapp