Mercury Ev-Tech

₹29.78As of Sun 8 Nov 2026, 12:00 UTC

NSE:MERCURYEV—

Country India

PE (Fwd) 49.00

TSR 10Y CAGR —

Div yield —

ROE —

Motor Vehicles and Passenger Car Bodies

Beta (5Y) 2.03

PE TTM 128.9

TSR TTM —

Mkt cap ₹5.650B

ROIC —

SE Grade™

—

Value

—

Quality

Moat

—

1Y Price

Reference

₹33

—

9.23%

—

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

1.079

Revenue₹B

—

0.012

0.161

0.225

0.931

1.079

1.979

206.58%

15.95

Revenue growth%

—

1217.48

39.93

313.27

15.95

83.36

176.60

—

31.06

Gross margin%

—

33.15

25.98

29.60

24.87

31.06

30.84

29.60

6.85

Operating margin%

—

25.86

9.82

13.73

11.62

6.85

6.35

11.62

4.06

Net margin%

—

18.89

8.01

8.84

8.27

4.06

3.73

8.27

128.9

P/E ratio (avg)x

—

76.74

—

76.48

EV/EBITx

—

45.00

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

Return on equity%

—

Return on assets%

—

0.23

EPS₹

—

0.33

0.08

0.11

0.41

0.23

0.39

(8.67%)

—

(43.00)

EPS growth%

—

(76.72)

46.84

257.05

(43.00)

68.03

1.92

—

Bookvalue per sh₹

—

FCF per share₹

—

Dividend per sh₹

—

Div yield (avg)%

—

Payout ratio%

—

190.0

Shares (diluted)M

—

6.953

166.9

175.5

190.0

◌190.0

128.63%

100

—

Buyback yield%

—

(2300.00)

(5.20)

(8.22)

—

◌—

(6.71)

—

100

—

D/E ratiox

—

5.657

Enterprise value₹B

—

5.657

—

LT debt₹M

—

Peers (US$61.76M)

Cap (US$)

Atul Auto Limited

117.4M

24.68x

Hindustan Motors…

30.35M

—

Victory Electric…

3.335M

10.57x

Tan Chong Motor…

67.47M

—

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

13.07

19.10

Own earn%

—

Sh yield%

—

(6.71)

Owners

Insiders/Inst%

16.12

—

Short interest%

—

SBC / revenue%

—

Record

10Y

Profitable years

5/5

Revenue growth years

4/4

EPS growth years

2/4

Dividend streakyrs

Op margin range%

7–26

$1 testx

—

Incr. ROIC%

—

Mercury Ev-Tech Limited manufactures and trades electronic vehicles and other related parts in India. It offers electric cars, two-wheelers, commercial vehicles, and industrial fleets. The company was formerly known as Mercury Metals Limited and changed its name to Mercury Ev-Tech Limited in March 2023. Mercury Ev-Tech Limited was incorporated in 1986 and is based in Vadodara, India.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹1.079B

206.58%

1.00×

Cost of revenue

₹744.1M

208.94%

1.03×

Operating expenses

₹261.3M

313.82%

3.32×

Revenue by region

No breakdown available

Reinvestment returns

n/m

Trend

Reinvestment rate

n/m

Return on capital

n/m

Spread over hurdle

n/m