WEBSITE BSE:531357 NSE: MERCURYEV Inc. Year: 1986 Industry: Automobiles - Passenger Cars My Bucket: Add Stock
Last updated: 11:25
Mercury Ev-Tech Ltd is a cutting-edge company at the forefront of the electric vehicle (EV) revolution. With a strong emphasis on technological innovation and sustainability, the company specializes in the design, development, and manufacturing of advanced electric vehicles and related technologies. Mercury Ev-Tech Ltd's product lineup includes a range of high-performance electric cars, electric commercial vehicles, and electric propulsion systems. Driven by a mission to accelerate the transition to a cleaner and greener transportation future,...Read More
Mercury Ev-Tech Ltd is a cutting-edge company at the forefront of the electric vehicle (EV) revolution. With a strong emphasis on technological innovation and sustainability, the company specializes in the design, development, and manufacturing of advanced electric vehicles and related technologies. Mercury Ev-Tech Ltd's product lineup includes a range of high-performance electric cars, electric commercial vehicles, and electric propulsion systems. Driven by a mission to accelerate the transition to a cleaner and greener transportation future, Mercury Ev-Tech Ltd prioritizes the development of energy-efficient solutions that reduce carbon emissions while delivering superior performance. Their vehicles incorporate state-of-the-art battery technology, regenerative braking systems, and intelligent energy management systems to maximize range and optimize efficiency. Committed to excellence, Mercury Ev-Tech Ltd invests heavily in research and development, collaborating with industry-leading experts to push the boundaries of EV technology. Through their relentless pursuit of innovation, the company aims to revolutionize the automotive industry and contribute to a sustainable and eco-friendly mobility ecosystem. ...Read Less
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Market Cap ₹665 Cr.
Stock P/E 86.4
P/B 2.4
Current Price ₹35
Book Value ₹ 14.8
Face Value 1
52W High ₹76.6
Dividend Yield 0%
52W Low ₹ 20
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(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 | 6 | 5 | 6 | 4 | 19 | 36 | 31 | 23 | 34 | 25 |
| Other Income | 1 | 0 | -0 | 0 | 0 | 0 | 3 | 1 | 1 | 0 |
| Total Income | 6 | 5 | 6 | 4 | 20 | 36 | 34 | 23 | 35 | 25 |
| Total Expenditure | 5 | 4 | 5 | 3 | 17 | 30 | 32 | 20 | 31 | 23 |
| Operating Profit | 1 | 1 | 0 | 1 | 2 | 6 | 2 | 3 | 4 | 2 |
| Interest | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 1 | 1 | 0 | 1 | 2 | 6 | 1 | 2 | 2 | 1 |
| Provision for Tax | 0 | 0 | 0 | 0 | 1 | 2 | 0 | 1 | 1 | 0 |
| Profit After Tax | 1 | 1 | 0 | 0 | 2 | 4 | 1 | 2 | 2 | 1 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | -0 | -0 | -0 | -0 | 0 |
| Profit After Adjustments | 1 | 1 | 0 | 0 | 2 | 4 | 1 | 1 | 2 | 1 |
| Adjusted Earnings Per Share | 0 | 0 | 0 | 0 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0 |
| #(Fig in Cr.) | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|
| Net Sales | 1 | 16 | 22 | 90 | 113 |
| Other Income | 0 | 0 | 1 | 3 | 5 |
| Total Income | 1 | 16 | 23 | 93 | 117 |
| Total Expenditure | 1 | 14 | 19 | 82 | 106 |
| Operating Profit | 0 | 2 | 3 | 12 | 11 |
| Interest | 0 | 0 | 0 | 1 | 0 |
| Depreciation | 0 | 0 | 0 | 1 | 2 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 0 | 2 | 3 | 10 | 6 |
| Provision for Tax | 0 | 0 | 1 | 2 | 2 |
| Profit After Tax | 0 | 1 | 2 | 8 | 6 |
| Adjustments | 0 | -0 | -0 | -0 | 0 |
| Profit After Adjustments | 0 | 1 | 2 | 7 | 5 |
| Adjusted Earnings Per Share | 0.1 | 0.1 | 0.1 | 0.4 | 0.3 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 309% | 348% | 0% | 0% |
| Operating Profit CAGR | 300% | 0% | 0% | 0% |
| PAT CAGR | 300% | 0% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | -54% | 25% | 118% | 39% |
| ROE Average | 6% | 5% | 8% | 8% |
| ROCE Average | 5% | 4% | 9% | 9% |
| #(Fig in Cr.) | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Shareholder's Funds | 1 | 50 | 81 | 277 |
| Minority's Interest | 0 | 0 | 0 | 1 |
| Borrowings | 0 | 23 | 54 | 4 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 22 |
| Total Current Liabilities | 0 | 4 | 16 | 32 |
| Total Liabilities | 1 | 77 | 151 | 336 |
| Fixed Assets | 0 | 33 | 37 | 44 |
| Other Non-Current Assets | 0 | 10 | 45 | 62 |
| Total Current Assets | 1 | 33 | 69 | 229 |
| Total Assets | 1 | 77 | 151 | 336 |
| #(Fig in Cr.) | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 1 | 1 | 9 | 1 |
| Cash Flow from Operating Activities | -0 | -14 | -15 | -44 |
| Cash Flow from Investing Activities | 0 | -48 | -55 | -90 |
| Cash Flow from Financing Activities | 0 | 70 | 61 | 139 |
| Net Cash Inflow / Outflow | -0 | 8 | -8 | 5 |
| Closing Cash & Cash Equivalent | 1 | 9 | 1 | 6 |
| # | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Earnings Per Share (Rs) | 0.12 | 0.08 | 0.11 | 0.39 |
| CEPS(Rs) | 0.12 | 0.09 | 0.13 | 0.44 |
| DPS(Rs) | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 0.7 | 3 | 4.6 | 10.1 |
| Core EBITDA Margin(%) | 23.33 | 10.22 | 13.23 | 9.06 |
| EBIT Margin(%) | 26.72 | 10.11 | 14.05 | 12.07 |
| Pre Tax Margin(%) | 26.72 | 9.97 | 13.11 | 11.09 |
| PAT Margin (%) | 19.53 | 8.66 | 9.05 | 8.59 |
| Cash Profit Margin (%) | 19.53 | 9.06 | 10.51 | 9.43 |
| ROA(%) | 15.57 | 3.55 | 1.75 | 3.17 |
| ROE(%) | 17.06 | 5.43 | 3.05 | 5.65 |
| ROCE(%) | 23.35 | 4.38 | 2.96 | 5.17 |
| Receivable days | 0 | 112.47 | 154.96 | 106.41 |
| Inventory Days | 0 | 167.45 | 116.36 | 102.16 |
| Payable days | 0 | 90.67 | 122.23 | 72.08 |
| PER(x) | 7.5 | 174.77 | 708.41 | 150.53 |
| Price/Book(x) | 1.28 | 4.51 | 17.4 | 5.87 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 0.83 | 14.87 | 66.23 | 12 |
| EV/Core EBITDA(x) | 3.1 | 141.5 | 426.97 | 92.98 |
| Net Sales Growth(%) | 0 | 1262.19 | 36.81 | 307.02 |
| EBIT Growth(%) | 0 | 415.07 | 90.16 | 249.76 |
| PAT Growth(%) | 0 | 503.81 | 42.94 | 286.4 |
| EPS Growth(%) | 0 | -34.88 | 46.05 | 248.8 |
| Debt/Equity(x) | 0 | 0.46 | 0.69 | 0.03 |
| Current Ratio(x) | 8.51 | 8.52 | 4.25 | 7.2 |
| Quick Ratio(x) | 8.51 | 6.63 | 3.84 | 5.84 |
| Interest Cover(x) | 0 | 74.96 | 15.03 | 12.35 |
| Total Debt/Mcap(x) | 0 | 0.1 | 0.04 | 0 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 62.56 | 62.1 | 62.1 | 62.1 | 62.1 | 59.18 | 59.18 | 59.18 | 59.18 | 59.18 |
| FII | 0 | 0 | 0 | 0 | 0.16 | 1.69 | 1.92 | 1.9 | 1.9 | 2.68 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.01 | 0.01 |
| Public | 37.44 | 37.9 | 37.89 | 37.9 | 37.74 | 39.13 | 38.9 | 38.91 | 38.91 | 38.13 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 10.44 | 10.9 | 10.9 | 10.9 | 10.9 | 11.24 | 11.24 | 11.24 | 11.24 | 11.24 |
| FII | 0 | 0 | 0 | 0 | 0.03 | 0.32 | 0.36 | 0.36 | 0.36 | 0.51 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 6.25 | 6.65 | 6.65 | 6.65 | 6.63 | 7.43 | 7.39 | 7.39 | 7.39 | 7.24 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16.69 | 17.55 | 17.55 | 17.55 | 17.55 | 19 | 19 | 19 | 19 | 19 |
* The pros and cons are machine generated.
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