Mercury Ev-Tech
- Market cap
- ₹ 618 Cr.
- P/E
- 131.7x
- P/B
- 2.3x
- 52-week range
- 29.75 – 44.05
- ROE
- 2%
- ROCE
- 5%
- Dividend yield
- 0%
- Debt / equity
- 0.09
- Sector
- Automobiles
- Industry
- Passenger Cars & Utility Vehicles
- Listed on
- NSE, BSE
About
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, Butterfly EV, Mercury EZ - High Speed, and Mercury DLX. The Company caters to diverse markets, including electric cars, two-wheelers, commercial vehicles, and industrial fleets. The Company's subsidiaries include EV Nest Private Limited and Powermetz Energy Private Limited.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Passenger Cars & Utility Vehicles: 8 companies →Mercury Ev-Tech against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)131.7 against a typical 27.5: pricier than most peers (1st = cheapest).8th of 8
- Sales growth+47.9% against a typical +27.8% from a year earlier.2nd of 7
- Profit growth+29.9% against a typical −2.6% from a year earlier.2nd of 8
- Share price, 3 months−7.4% against a typical −11.5%.3rd of 8
- Size₹ 618.2 Cr. market value against a typical ₹ 21,362.2 Cr. (1st = largest).5th of 5
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 31 Oct 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 13 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 6 | 5 | 6 | 4 | 19 | 36 | 31 | 23 | 34 | 25 | 20 | 33 |
| Expenses | 5 | 4 | 5 | 3 | 17 | 30 | 32 | 20 | 31 | 23 | 23 | 30 |
| Operating Profit | 1 | 1 | 0 | 1 | 2 | 6 | −1 | 2 | 3 | 2 | −2 | 3 |
| OPM % | 11.2% | 21.2% | 6.8% | 23.3% | 10.4% | 17.1% | −2.8% | 9.4% | 8.9% | 9.4% | −11.6% | 9.8% |
| Other Income | 1 | 0 | 0 | 0 | 0 | 0 | 3 | 1 | 1 | 0 | 5 | 0 |
| Interest | 0 | 0 | −0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
| Profit before tax | 1 | 1 | 0 | 1 | 2 | 6 | 1 | 2 | 2 | 1 | 1 | 2 |
| Tax % | 34.4% | 27.4% | 31.4% | 25.8% | 24.9% | 26% | 2.9% | 25.6% | 21.7% | 37.5% | 80% | 20% |
| Net Profit | 1 | 1 | 0 | 0 | 2 | 4 | 2 | 1 | 2 | 1 | 0 | 2 |
| EPS in Rs | 0.04 | 0.03 | 0.01 | 0.03 | 0.09 | 0.23 | 0.08 | 0.07 | 0.09 | 0.05 | 0.02 | 0.09 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 85%
- TTM
- 4%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 45%
- TTM
- −48%
- 10 Years
- 60%
- 5 Years
- 127%
- 3 Years
- 8%
- TTM
- —
- 10 Years
- —
- 5 Years
- 3%
- 3 Years
- 3%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Mercury Ev-Tech | ₹ 33.00 | ₹ 618 Cr. | 131.7x | 2.3x | 2% | — |
| Samvardhana Motherson International | ₹ 151.00 | ₹ 1,59,367 Cr. | 35.1x | 3.7x | 10.2% | 3.2% |
| Cummins India | ₹ 4,338.90 | ₹ 1,20,274 Cr. | 62.3x | 17.8x | 29.5% | 19.5% |
| Bosch | ₹ 44,045.85 | ₹ 1,29,918 Cr. | 51.3x | 8.1x | 19.4% | 13.8% |
| UNO Minda | ₹ 1,052.00 | ₹ 60,749 Cr. | 54.8x | 9.8x | 19.1% | 6.5% |
| Sona Blw Precision Forgings | ₹ 752.80 | ₹ 46,984 Cr. | 64.6x | 7.3x | 11.2% | 14.1% |
Management
- Jayesh Raichandbhai Thakkar
- Executive Chairman of the Board, Managing Director
- Dhruv Deepak Yardi
- Chief Financial Officer
- Krishna Tejashkumar Naik
- Whole Time Compliance Officer, Company Secretary
- Darshankumar Jitendra Shah
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.