Mercury EV-Tech Ltd

MERCURYEV

Watchlist

AI Mode

‌

Market Cap

₹ 737 Cr

P/E

84.33

Turned 1 L into 1.17 Cr in last 5 Years

‌

Investment Checklist

How to read checklist?

Performance

MARKET LEADER

Valuation

OVERVALUED

Growth

EXCEPTIONAL

Profitability

MODERATE MARGIN

Technicals

Bearish

Risk

MODERATE RISK

Investment Checklist

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

Price

PE Ratio

Price

‌

Overview

Detailed Summary

Mercury Capital Limited, previously known as Mercury Metals Limited, specializes in manufacturing electric vehicles, including scooters, cars, buses, and golf cars.

The company has a diverse portfolio, catering to various sectors such as hospitality, industry, golf courses, clubs, and resorts with its electric vehicles.

Mercury Capital is exploring expansion into the metal trading industry, particularly focusing on precious metals.

The volatility in the metal industry offers Mercury Capital opportunities to expand its operations and capitalize on emerging trends.

Sector

Automobile

Industry

Automobiles - passenger cars

Market Cap

737 Cr

Volatility

High Risk

P/E Ratio

84.3

Industry P/E

26.6

PEG Ratio

0.4

P/B Ratio

2.6

52W High

99.26

52W Low

36.00

Sales CAGR

307.08%

285.39%

—

10Y

76.43%

Profit CAGR

286.93%

202.41%

—

10Y

—

ROE

TTM

3.15%

2.31%

2.33%

10Y

2.11%

ROCE

TTM

4.36%

2.91%

2.95%

10Y

2.74%

Technicals

‌

Forecasts

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
ZELIO	503.00	1,064 Cr	—	11.89	0.00	53.99	41.69	25.09
INDOFARM	193.70	931 Cr	33.36	1.72	0.00	5.15	7.27	3.56
IBRIGST	137.30	748 Cr	4576.67	5.83	0.00	0.13	0.16	0.13
MERCURYEV	38.90	737 Cr	84.33	2.63	0.00	3.15	4.36	2.54
URJA	11.58	610 Cr	387.00	3.48	0.00	0.86	1.49	0.92
HINDMOTORS	16.97	354 Cr	51.42	12.27	0.00	18.95	23.30	10.76
WARDINMOBI	9.24	282 Cr	24.32	2.55	0.93	10.89	14.50	3.23

Financial Statements

AI Powered Summary

Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.

AI Mode

Consolidated Quarterly Results (in ₹ Crores)

View Standalone

Total Figures

QoQ Changes

Total Figures

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Sales	7.25	5.52	4.58	5.57	3.87	19	36	31	23	34
Expenses	6.27	4.91	3.61	5.20	2.98	17	30	32	20	31
Operating Profit	0.98	0.61	0.97	0.37	0.89	2.02	6.07	-0.87	2.12	3.02
OPM %	13.52	11.05	21.18	6.64	23.00	10.37	17.05	-2.84	9.39	8.88
Other Income	0.00	0.50	0.00	0.00	0.00	0.40	0.18	2.87	0.50	0.64
Interest	0.01	0.14	0.12	-0.05	0.07	0.08	0.31	0.41	0.13	0.08
Depreciation	0.06	0.08	0.12	0.08	0.17	0.21	0.16	0.22	0.30	1.22
Profit Before Tax	0.92	0.90	0.73	0.35	0.66	2.13	5.78	1.37	2.19	2.35
Tax %	18.48	34.44	27.40	31.43	25.76	24.88	25.95	2.92	25.57	21.70
Net Profit	0.75	0.59	0.53	0.23	0.49	1.60	4.28	1.33	1.63	1.84
EPS in Rs	0.04	0.04	0.28	0.01	0.03	0.08	0.24	0.06	0.07	0.09

Consolidated Profit Loss (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	1.18	16	22	90	108
Expenses	0.91	14	19	82	99
Operating Profit	0.28	1.65	2.91	8.11	9.34
OPM %	23.33	10.22	13.23	9.05	8.62
Other Income	0.04	0.05	0.50	3.45	3.95
Interest	0.00	0.02	0.21	0.87	0.93
Depreciation	0.00	0.06	0.32	0.75	0.89
Profit Before Tax	0.32	1.60	2.89	9.94	11
Tax %	26.92	13.17	31.01	22.59	22.93
Net Profit	0.23	1.39	1.99	7.70	8.84
EPS in Rs	—	0.08	0.36	0.41	0.46
Dividend Payout %	0.00	0.00	0.00	0.00	—

Consolidated Balance Sheet (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	0.70	17	18	19
Reserves	0.66	33	63	258
Borrowings	0.00	23	56	5.52
Other Liabilities	0.13	4.03	14	53
Total Liabilities	1.48	77	151	336
Fixed Assets	0.00	33	37	44
CWIP	0.00	8.72	28	59
Investments	0.00	0.00	0.00	0.00
Other Assets	1.48	35	86	233
Total Assets	1.48	77	151	336

Consolidated Cash Flows (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	-0.36	-14	-15	-44
Cash from Investing Activity	0.04	-48	-55	-90
Cash from Financing Activity	0.00	70	61	139
Net Cash Flow	-0.32	8.33	-8.16	5.13

Shareholdings

Shareholding History

Quarterly

Yearly

Quarterly

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Nov 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Promoters	62.56%	62.56%	62.56%	62.10%	62.10%	62.10%	62.10%	59.18%	59.18%	59.18%	59.18%	59.18%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.16%	1.72%	1.69%	1.92%	1.90%	1.90%
DIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.01%
Public	37.44%	37.44%	37.44%	37.90%	37.89%	37.90%	37.74%	39.10%	39.13%	38.90%	38.91%	38.91%
Total Shareholders	14,340	20,954	25,048	40,844	44,185	45,309	47,757	47,796	58,187	62,900	67,991	75,130

Market Transactions

Date	Party	Category	Type	Avg Price (₹)	Total Value (₹)	Quantity	Percent Traded
Nov 12, 2024	Raghuvir international privat...	Insider - Promoter Group	Acquisition	75.00	11.06 Cr	14,75,000	0.84
Nov 12, 2024	Shree saibaba exim private li...	Insider - Promoter Group	Acquisition	75.00	14.44 Cr	19,25,000	1.09
Sep 13, 2024	Wealth 4 u hospitality consul...	Bulk	Sell	96.97	33.94 Cr	35,00,000	1.84
Feb 19, 2024	Kavit jayeshbhai thakkar	Insider - Promoter	Disposal	—	—	2,70,31,364	15.39
Feb 19, 2024	Artiben jayeshbhai thakkar	Insider - Promoter	Acquisition	—	—	2,70,31,364	—
Jan 10, 2024	Raghuvir international privat...	Insider - Promoter Group	Acquisition	1.00	0.18 Cr	18,30,000	1.04
Jan 10, 2024	Shree saibaba exim private li...	Insider - Promoter Group	Acquisition	1.00	0.28 Cr	28,00,000	1.59
Dec 15, 2023	Multiplier share & stock advi...	Bulk	Sell	129.80	0.00 Cr	3	0.00
Dec 15, 2023	Multiplier share & stock advi...	Bulk	Buy	117.44	14.14 Cr	12,04,003	0.63

Projection

Actions

Action Type

‌
‌

Announcements

Last 7 days

Newest

Sentiment

Shareholder Meeting

1 day ago

Outcome of 39th AGM of Mercury EV-Tech Limited

The 39th Annual General Meeting of Mercury EV-Tech Limited was held on December 15, 2025, to discuss its business and elect directors.

Appointment Notice

4 days ago

Appointment of Company Secretary and Compliance Officer

The Board of Directors appointed Ms. Krishna Tejashkumar Naik as the Company Secretary and Compliance Officer, effective December 13, 2025.

Board Meeting Outcome

4 days ago

Board Meeting Outcome

The Board of Directors of Mercury EV-Tech Limited approved the appointment of Ms. Krishna Naik as the Company Secretary & Compliance Officer effective December 13, 2025.

Documents

Presentations

Concalls

Reports

Presentations

No documents found!

AI Mode

Get instant AI-powered insights about company performance, financials, and strategy. Ask questions about trends, competition, and developments while receiving responses backed by official documents and market data, with clear attribution to source documents.

AI Mode

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
ZELIO	503.00	1,064 Cr	—	11.89	0.00	53.99	41.69	25.09
INDOFARM	193.70	931 Cr	33.36	1.72	0.00	5.15	7.27	3.56
IBRIGST	137.30	748 Cr	4576.67	5.83	0.00	0.13	0.16	0.13
MERCURYEV	38.90	737 Cr	84.33	2.63	0.00	3.15	4.36	2.54
URJA	11.58	610 Cr	387.00	3.48	0.00	0.86	1.49	0.92
HINDMOTORS	16.97	354 Cr	51.42	12.27	0.00	18.95	23.30	10.76
WARDINMOBI	9.24	282 Cr	24.32	2.55	0.93	10.89	14.50	3.23

Oscillators

BearishNeutralBullish

Neutral

Bearish

Neutral

Bullish

Overall

BearishNeutralBullish

Bearish

Neutral

Bullish

Moving Averages

BearishNeutralBullish

Bearish

Neutral

Bullish

Overall

BearishNeutralBullish

Bearish

Neutral

Bullish

Overview

Detailed Summary

Mercury Capital Limited, previously known as Mercury Metals Limited, specializes in manufacturing electric vehicles, including scooters, cars, buses, and golf cars.

The company has a diverse portfolio, catering to various sectors such as hospitality, industry, golf courses, clubs, and resorts with its electric vehicles.

Mercury Capital is exploring expansion into the metal trading industry, particularly focusing on precious metals.

The volatility in the metal industry offers Mercury Capital opportunities to expand its operations and capitalize on emerging trends.

Sector

Automobile

Industry

Automobiles - passenger cars

Market Cap

737 Cr

Volatility

High Risk

P/E Ratio

84.3

Industry P/E

26.6

PEG Ratio

0.4

P/B Ratio

2.6

52W High

99.26

52W Low

36.00

Sales CAGR

307.08%

285.39%

—

10Y

76.43%

Profit CAGR

286.93%

202.41%

—

10Y

—

ROE

TTM

3.15%

2.31%

2.33%

10Y

2.11%

ROCE

TTM

4.36%

2.91%

2.95%

10Y

2.74%