ME
Mercury EV-Tech Ltd (MERCURYEV)
₹37.10
Mkt cap
₹758 Cr
P/E ratio
166.00
P/B
2.51
Div yield
0.00%
ROE
1.51%
ROCE
2.64%
EPS (TTM)
₹0.22
Book value
₹15
52W range
30–44
Sector
Consumer Discretionary
Price history
Previous close
Incorporated in 1986, Mercury Ev-Tech Ltd is in the business of Manufacturing and Trading of Electronic vehicles and other related renewable energy products [1]
NSE MERCURYEVBSE 531357
Health check
Cautious
ValuationExpensive
ProfitabilityWeak
GrowthHigh
TechnicalsNeutral
52-week range
−15.78% from high₹37
₹30+23.01% from low₹44
Current
₹37.10
Prev close
₹37.22
Day
−0.32%
Price performance
1D
−0.32%
1W
−4.70%
1M
+1.17%
3M
+4.86%
6M
—
1Y
—
YTD
+6.89%
Financials
Revenue, profit & margin
P/E ratio
166.0×
MERCURYEV is 262% above the sector median of 45.9×
MERCURYEV166.0×
Sector median45.9×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7.25 | 5.52 | 4.58 | 5.57 | 3.87 | 19.48 | 35.60 | 30.68 | 22.57 | 34.01 | 25.29 | 20.21 | 33.38 | |
| Expenses | 6.27 | 4.90 | 3.61 | 5.19 | 2.97 | 17.46 | 29.53 | 31.55 | 20.45 | 31.00 | 22.91 | 22.55 | 30.12 | |
| Operating Profit | 0.98 | 0.62 | 0.97 | 0.38 | 0.90 | 2.02 | 6.07 | -0.87 | 2.12 | 3.01 | 2.38 | -2.34 | 3.26 | |
| OPM % | 13.52% | 11.23% | 21.18% | 6.82% | 23.26% | 10.37% | 17.05% | -2.84% | 9.39% | 8.85% | 9.41% | -11.58% | 9.77% | |
| Other Income | 0.00 | 0.50 | 0.00 | 0.00 | 0.00 | 0.40 | 0.18 | 2.87 | 0.50 | 0.64 | 0.02 | 4.71 | 0.36 | |
| Interest | 0.01 | 0.14 | 0.12 | -0.05 | 0.07 | 0.08 | 0.31 | 0.41 | 0.13 | 0.08 | 0.20 | 0.39 | 0.73 | |
| Depreciation | 0.06 | 0.08 | 0.12 | 0.08 | 0.17 | 0.21 | 0.16 | 0.22 | 0.30 | 1.22 | 1.00 | 1.13 | 0.94 | |
| Profit before tax | 0.91 | 0.90 | 0.73 | 0.35 | 0.66 | 2.13 | 5.78 | 1.37 | 2.19 | 2.35 | 1.20 | 0.85 | 1.95 | |
| Tax % | 18.68% | 34.44% | 27.40% | 31.43% | 25.76% | 24.88% | 25.95% | 2.92% | 25.57% | 21.70% | 37.50% | 80.00% | 20.00% | |
| Net Profit | 0.75 | 0.59 | 0.53 | 0.23 | 0.49 | 1.60 | 4.28 | 1.55 | 1.27 | 1.72 | 0.89 | 0.30 | 1.65 | |
| EPS in Rs | 0.04 | 0.04 | 0.03 | 0.01 | 0.03 | 0.09 | 0.23 | 0.08 | 0.07 | 0.09 | 0.05 | 0.02 | 0.09 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +4.28% · closed higher next day 1 of last 1
| Q1FY27 | |
|---|---|
| Broadcast | 13 Aug '26◦ |
| Earnings day | +4.28% |
| +1 day | +2.86% |
| +5 days | +14.77% |
| +15 days | +6.18% |
| +30 days | +12.51% |
| Filing | XBRL |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Jun 202659.17%Promoter
Promoters59.17%
FIIs1.70%0.74
Public39.10%0.73
Government0.01%
Ownership trend
Peers
7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Maruti Suzuki | ₹12,103.00 | 26.55 | 3,80,521 | 1.16% | 3,447 | −9.11% | 52,470 | +35.91% | 18.87% |
| M & M | ₹3,052.00 | 19.79 | 3,79,525 | 1.08% | 5,998 | +33.80% | 58,188 | +27.80% | 15.10% |
| Hyundai Motor I | ₹2,208.80 | 36.25 | 1,79,474 | 0.95% | 889 | −35.10% | 16,335 | −0.48% | 38.40% |
| Tata Motors PVeh | ₹303.80 | 112.29 | 1,11,886 | 0.99% | 859 | −69.83% | 95,799 | +9.26% | 2.73% |
| Force Motors | ₹17,488.00 | 20.94 | 23,043 | 0.29% | 217 | +22.82% | 2,440 | +6.21% | 36.05% |
| Olectra Greentec | ₹1,198.80 | 55.46 | 9,840 | 0.05% | 27 | −0.31% | 576 | +65.75% | 21.05% |
| Mercury EV-Tech | ₹39.91 | 166.27 | 758 | 0.00% | 2 | +29.92% | 33 | +47.90% | 2.64% |
| Median: 8 Co. | ₹1,703.80 | 45.86 | 67,464 | 0.62% | 538 | −4.71% | 9,387 | +27.80% | 17.77% |
Filings
Annual reports15
Announcements5
Announcement under Regulation 30 (LODR)-Newspaper Publication 12 SepDisclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 11 SepIntimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 - Business Update 11 Sep - Mercury EV-Tech added 100 dealers, targets 200 more by March 2027, and gained GEDA subsidy eligibility in Gujarat.Disclosure Under Regulation 7(2)(A) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015 And Regulation 29(2) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011 10 Sep - Promoter group sold 20,00,000 shares on open market; holding fell to 18.817% on September 10, 2026.Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 9 Sep