MERCURYEV

Mercury Ev-Tech Ltd.

BSE: 531357

Sector: Automobile and Auto Components

Industry Group: Automobiles

Industry: Passenger Cars & Utility Vehicles

36.58-0.1 (-0.30%)

14 Oct, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

4.4 / 100

Value Score

9.0 / 100

Price Momentum Score

59.5 / 100

QVM Score

8.0 / 100

Key Metrics

Market Cap

694.92

P/E (TTM)

156.96

P/B

2.48

P/S (TTM)

12.39

EV/EBITDA

96.95

CAPE (5Y)

273.19

ROE (TTM)

ROCE (TTM)

ROA (TTM)

Avg 3Y ROE

Earnings 3Y CAGR

44.03

Sales 3Y CAGR

37.77

Sales 5Y CAGR

108.57

Debt/Equity

Consensus TP

Strong Buy %

Promoter Holding

59.18

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Mercury Ev-Tech Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Consistently pays dividend

The company has not missed dividend payments once in the last 9 financial years

What is Dividend streak?

Company is net cash

The company is net cash i.e., cash and cash equivalents exceed total debt indicating a healthy balance sheet

What is Net Debt ?

Negative

Expensive and at a premium to industry median P/E

PE TTM of 156.96 indicates that the stock is expensive on a standalone basis and is at a 452.87% premium to industry median P/E

What is P/E Ratio?

Median: 28.39

Value 156.96

18.17156.96

Low revenue growth and lower than median growth of industry

The company delivered moderate revenue growth of -48.22% for 12-month ended 30 Jun 2026 and the growth was 39.97 percentage points lower than median growth of industry

What is Sales growth (1Y)?

Median: -8.25

Value -48.22

-48.2238.43

Low EPS growth and lower than median growth of industry

The company delivered moderate EPS growth of -43.0% for 12-month ended 30 Jun 2026 and the growth was 37.16 percentage points lower than median growth of industry

What is EPS growth (1Y)?

Company's earnings are of low quality

Earnings quality score of 0.0 indicates that the company's earnings are of low quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

0.0 / 100

Low dividend yield

The company has a low dividend yield of 0.0%

What is Dividend yield?

Neutral

Not enough talking points with neutral stance

Financial Snapshot

See detailed analysis

Multi-year trends for Mercury Ev-Tech Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Mercury Ev-Tech Ltd. Shareholding Pattern

Quarterly breakdown of Mercury Ev-Tech Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	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
Total Promoter	49.78	49.78	49.78	49.78	49.78	49.78	49.78	49.78	65.10	65.10	62.56	62.56	62.56	62.56	62.56	62.10	62.10	62.10	62.10	59.18	59.18	59.18	59.18	59.18	59.18	59.18
Indian Promoter	49.78	49.78	49.78	49.78	49.78	49.78	49.78	49.78	65.10	65.10	62.56	62.56	62.56	62.56	62.56	62.10	62.10	62.10	62.10	59.18	59.18	59.18	59.18	59.18	59.18	59.18
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.16	1.69	1.92	1.91	1.90	2.69	2.45	1.71
Mutual Funds / UTI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FI/Bank/Insurance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.01	0.01	0.01	0.01	0.01
FII	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.16	1.69	1.92	1.90	1.90	2.68	2.44	1.70
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Non-Institution	50.22	50.22	50.22	50.22	50.22	50.22	50.22	50.22	34.90	34.90	37.44	37.44	37.44	37.44	37.44	37.90	37.89	37.90	37.74	39.13	38.90	38.91	38.91	38.13	38.37	39.11
Bodies Corporate	2.75	2.75	2.75	2.75	2.75	2.75	2.73	2.74	1.01	1.03	6.80	5.90	6.09	4.97	4.70	6.43	8.25	7.67	5.95	5.06	4.74	4.08	3.19	3.58	2.54	2.38
Others (incl. Retail) No. of shareholders	47.47 6,523	47.47 6,524	47.47 6,534	47.47 6,533	47.47 6,531	47.47 6,527	47.49 6,538	47.48 6,537	33.89 6,526	33.87 6,524	30.64 9,820	31.54 12,693	31.35 14,303	32.47 20,906	32.74 24,990	31.47 40,762	29.64 44,094	30.23 45,219	31.79 47,599	34.07 57,997	34.16 62,723	34.83 67,833	35.72 75,557	34.55 75,751	35.83 76,273	36.73 74,912

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

Mercury Ev-Tech Ltd. is not part of any tracked index.

Prominent Investor Holdings

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Mercury Ev-Tech Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
Shree Saibaba Exim Private Limited Promoter Group	September-2026	Market Sale (Disposal) 8th Sep 2026	22.63 %	₹ 1.00	52.45 lac	₹ 52.45 lac
RAGHUVIR INTERNATIONAL PRIVATE LIMITED Promoter Group	November-2024	Preferential Offer (Acquisition) 12th Nov 2024	22.92 %	₹ 75.00	14.75 lac	₹ 11.06 cr
RAGHUVIR INTERNATIONAL PRIVATE LIMITED Promoter Group	November-2024	Preferential Offer (Acquisition) 12th Nov 2024	22.92 %	₹ 75.00	14.75 lac	₹ 11.06 cr
SHREE SAIBABA EXIM PRIVATE LIMITED Promoter Group	November-2024	Preferential Offer (Acquisition) 12th Nov 2024	23.39 %	₹ 75.00	19.25 lac	₹ 14.44 cr
SHREE SAIBABA EXIM PRIVATE LIMITED Promoter Group	November-2024	Preferential Offer (Acquisition) 12th Nov 2024	23.39 %	₹ 75.00	19.25 lac	₹ 14.44 cr
Artiben Jayeshbhai Thakkar Promoter	February-2024	Inter-se Transfer (Acquisition) 19th Feb 2024	0.00 %	₹ 0.00	2.70 cr	₹ 0.00
Kavit Jayeshbhai Thakkar Promoter	February-2024	Inter-se Transfer (Disposal) 19th Feb 2024	15.39 %	₹ 0.00	2.70 cr	₹ 0.00
Raghuvir International Private Limited Promoter Group	June-2022	Market Sale (Disposal) 29th Jun 2022	0.01 %	₹ 3.31	180.00	₹ 596.00
Shree Saibabaexim Private Limited Promoter Group	June-2022	Market Sale (Disposal) 29th Jun 2022	0.01 %	₹ 3.31	180.00	₹ 596.00
Kavit Jayeshbhai Thakkar Promoter	June-2022	Inter-se Transfer (Disposal) 20th Jun 2022	55.13 %	₹ 2.61	2.00 k	₹ 5.22 k

Corporate Actions

History of Mercury Ev-Tech Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Rights Issue(23 new shares @ ₹3 for 1 existing shares)
Ex-date: 4th Aug 2022Announced on: 25th Jul 2022
Others
Ex-date: 23rd Nov 2015Announced on: 17th Nov 2015
Nominal value change from INR 10 to INR 1.

Company Profile

Overview of Mercury Ev-Tech Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Mercury Ev-Tech Limited is an India-based company. The Company is engaged in the business of Manufacturing and Trading of Electronic vehicles and other related renewable energy products. Its products include Mushak Mini Truck, DODO E Passenger, Kala Ghoda, Limosa, Voltus E Loader, Tejashvi Passenger...

Key personnel

Mr. Dhruv Deepak Yardi

Chief Financial Officer

Ms. Krishna Tejashkumar Naik

Whole Time Compliance Officer, Company Secretary

Mr. Jayesh Raichandbhai ThakkarD

Executive Chairman of the Board, Managing Director

Mr. Darshankumar Jitendra ShahD

Executive Director

Mr. Shreyan Jigneshkumar PatelD

Additional Non-Executive Non-Independent Director

Mrs. Riya Vinodbhai SharmaD

Additional Non-Executive Independent Director

Mr. Dineshkumar SinhaD

Additional Non-Executive Independent Director

Mr. Sachin Shivaji WaghD

Non-Executive Independent Director

View all

Incorporated on

04 Jul 1986

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

109

IPO date

16 Dec 2011

Free Float

7,39,71,514

Website

https://mercuryevtech.com/

Phone no.

+919824500224

Address

367-368, Gidc, Por, Village - Por, Dist. - Vadodara, VADODARA, 391243, India

Frequently Asked Questions

What is the current share price of Mercury Ev-Tech Ltd.?

The current share price of Mercury Ev-Tech Ltd. is ₹ 36.58 as of 14 Oct 2026.

What is the market capitalisation of Mercury Ev-Tech Ltd.?

The market capitalisation of Mercury Ev-Tech Ltd. stands at ₹ 694.92 Cr.

What is the PE ratio of Mercury Ev-Tech Ltd.?

The Price-to-Earnings (PE) ratio of Mercury Ev-Tech Ltd. is 156.96 as of the latest trailing twelve months data.

What is the ROE and ROCE of Mercury Ev-Tech Ltd.?

Mercury Ev-Tech Ltd. has a Return on Equity (ROE) of - and a Return on Capital Employed (ROCE) of - as per the latest financial reports.

What is the 52-week high and low of Mercury Ev-Tech Ltd.?

The 52-week high of Mercury Ev-Tech Ltd. is - and the 52-week low is -.

What is the dividend yield of Mercury Ev-Tech Ltd.?

The dividend yield of Mercury Ev-Tech Ltd. is 0.00% based on the current market price.

What is the FII and DII holding in Mercury Ev-Tech Ltd.?

Foreign Institutional Investors (FII) hold 1.70%, Domestic Institutional Investors (DII) hold 0.00% and retail/public investors hold 36.73% of Mercury Ev-Tech Ltd. shares.

What sector does Mercury Ev-Tech Ltd. belong to?

Mercury Ev-Tech Ltd. operates in the Automobile and Auto Components sector.

What is the beta of Mercury Ev-Tech Ltd.?

The beta of Mercury Ev-Tech Ltd. is 0.94, indicating its price volatility relative to the broader market. Over the past 1 year, Mercury Ev-Tech Ltd. has delivered an absolute return of -22.38%.

What is the RSI of Mercury Ev-Tech Ltd.?

The 14-day Relative Strength Index (RSI) of Mercury Ev-Tech Ltd. is 42.48, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Mercury Ev-Tech Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Mercury Ev-Tech Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Corporate Actions

Company Profile

Holdings and Presence