Mercury Ev-Tech Ltd.

39.710.61%

2026-08-21

mercurymetals.inBSE: 531357NSE: MERCURYEV
Market Cap₹ 714 Cr.
Current Price₹ 39
High / Low₹ 38 / 30
Stock P/E142.8
Book Value₹ 15
Price to Book5.87
Dividend Yield0.00 %
ROCE5.2 %
ROE5.6 %
Face Value₹ 1

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ABOUT

KEY POINTS

Revenue Breakup Mar 2022 • Metal: 100.0%

PROS

  • Company is almost debt free
  • Company comfortably covers its interest (12.4x coverage)

CONS

  • Operating cash flow has been negative in recent years
  • Recent results are weak - TTM profit is down 50.9% versus prior year
  • A large part of profit comes from other income (34.7% of PBT)
  • Company has a low return on capital employed of 4.2%
  • Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -6.54x)
  • Company has a low return on equity of 4.7% over last 3 years

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS
S.No.NameCMP Rs.P/EMar Cap Rs.Cr.Div Yld %NP Qtr Rs.Cr.Qtr Profit Var %Sales Qtr Rs.Cr.Qtr Sales Var %ROCE %OPM %
1.MARUTI13688.2030.02430360.531.023446.90-9.1152469.8043.2719.038.41
2.M&M3412.3022.97424329.340.975997.5637.0458187.5727.8016.2918.79
3.HYUNDAI2178.0035.75176971.450.96888.62-35.1016334.630.9638.559.25
4.TMPV322.001.50118589.110.93859.00-78.5495799.00-7.700.676.46
5.MERCURYEV37.60142.77714.300.0015.58858.18333.841379.335.179.77
6.HINDMOTORS14.740.00307.560.000.22-94.710.0053.69
Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023
7
7
Operating Profit
OPM %
Other Income
0
Interest
0
Depreciation
0
0
Tax %
-141.67%
Net Profit
0
0
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Jun 2023
7
6
Operating Profit
OPM %
Other Income
0
Interest
0
Depreciation
0
1
Tax %
18.48%
Net Profit
0
0
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Sep 2023
6
5
Operating Profit
OPM %
Other Income
0
Interest
0
Depreciation
0
1
Tax %
34.44%
Net Profit
0
0
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Dec 2023
5
4
Operating Profit
OPM %
Other Income
0
Interest
0
Depreciation
0
1
Tax %
27.40%
Net Profit
0
0
Equity Capital
18
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
18
Reserves
0
Promoter Pledge %
0.00%
Mar 2024
6
5
Operating Profit
OPM %
Other Income
0
Interest
-0
Depreciation
0
0
Tax %
31.43%
Net Profit
0
0
Equity Capital
18
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
18
Reserves
0
Promoter Pledge %
0.00%
Jun 2024
4
3
Operating Profit
OPM %
Other Income
0
Interest
0
Depreciation
0
1
Tax %
25.76%
Net Profit
0
0
Equity Capital
18
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
18
Reserves
0
Promoter Pledge %
0.00%
Sep 2024
19
17
Operating Profit
OPM %
Other Income
0
Interest
0
Depreciation
0
2
Tax %
24.88%
Net Profit
2
0
Equity Capital
18
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
18
Reserves
0
Promoter Pledge %
0.00%
Dec 2024
36
30
Operating Profit
OPM %
Other Income
0
Interest
0
Depreciation
0
6
Tax %
25.91%
Net Profit
4
0
Equity Capital
19
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
19
Reserves
0
Promoter Pledge %
0.00%
Mar 2025
31
32
Operating Profit
OPM %
Other Income
3
Interest
0
Depreciation
0
1
Tax %
2.92%
Net Profit
1
0
Equity Capital
19
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
19
Reserves
0
Promoter Pledge %
0.00%
Jun 2025
23
20
Operating Profit
OPM %
Other Income
0
Interest
0
Depreciation
0
2
Tax %
25.57%
Net Profit
2
0
Equity Capital
19
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
19
Reserves
0
Promoter Pledge %
0.00%
Sep 2025
34
31
Operating Profit
OPM %
Other Income
1
Interest
0
Depreciation
1
2
Tax %
21.70%
Net Profit
2
0
Equity Capital
19
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
19
Reserves
0
Promoter Pledge %
0.00%
Dec 2025
25
23
Operating Profit
OPM %
Other Income
0
Interest
0
Depreciation
1
1
Tax %
37.50%
Net Profit
1
0
Equity Capital
19
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
19
Reserves
0
Promoter Pledge %
0.00%
Jun 2026
33
32
Operating Profit
OPM %
Other Income
0
Interest
1
Depreciation
1
2
Tax %
20.06%
Net Profit
2
0
Equity Capital
19
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
19
Reserves
0
Promoter Pledge %
0.00%

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022
1
1
Operating Profit
0
OPM %
27
Other Income
0
Interest
0
Depreciation
0
0
Tax %
27
Net Profit
0
EPS
0
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
0
Mar 2023
16
14
Operating Profit
2
OPM %
11
Other Income
0
Interest
0
Depreciation
0
2
Tax %
13
Net Profit
1
EPS
0
Dividend Payout %
0
Minority Interest
-0
Share of Associates
0
Adjusted EPS
0
Minority Interest
-0
Share of Associates
0
Adjusted EPS
0
Mar 2024
22
19
Operating Profit
3
OPM %
16
Other Income
1
Interest
0
Depreciation
0
3
Tax %
31
Net Profit
2
EPS
0
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
0
Mar 2025
90
82
Operating Profit
12
OPM %
13
Other Income
3
Interest
1
Depreciation
1
10
Tax %
23
Net Profit
8
EPS
0
Dividend Payout %
0
Minority Interest
-0
Share of Associates
0
Adjusted EPS
0
Minority Interest
-0
Share of Associates
0
Adjusted EPS
0
TTM
115
106
Operating Profit
OPM %
Other Income
2
Interest
1
Depreciation
3
8
Tax %
25
Net Profit
6
EPS
Dividend Payout %
Minority Interest
-0
Share of Associates
-0
Adjusted EPS
Minority Interest
-0
Share of Associates
-0
Adjusted EPS

COMPOUNDED SALES GROWTH

10 Years:
5 Years:
3 Years:
323%

COMPOUNDED PROFIT GROWTH

10 Years:
5 Years:
3 Years:
219%

STOCK PRICE CAGR

10 Years:
5 Years:
3 Years:
1 Year:

RETURN ON EQUITY

10 Years:
5 Years:
3 Years:
5%
Last Year:
6%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Corporate actions

No bonus data found

Mar 2022
Equity Capital
1
1
0
Trade Payables
0
0
Total Liabilities
1
0
Capital Work in Progress
0
0
0
Cash & Bank
1
1
Total Assets
1
Total Debt
0
Net Working Capital
1
Contingent Liabilities
0
Book Value per Share
1.95
Face Value
1.00
Total Debt
0
Net Working Capital
1
Contingent Liabilities
0
Book Value per Share
1.95
Face Value
1.00
Mar 2023
Equity Capital
17
33
0
Trade Payables
3
24
Total Liabilities
77
33
Capital Work in Progress
9
7
0
Cash & Bank
9
18
Total Assets
77
Total Debt
23
Net Working Capital
29
Contingent Liabilities
0
Book Value per Share
3.00
Face Value
1.00
Total Debt
23
Net Working Capital
29
Contingent Liabilities
0
Book Value per Share
3.00
Face Value
1.00
Mar 2024
Equity Capital
18
63
2
Trade Payables
8
60
Total Liabilities
151
37
Capital Work in Progress
43
7
14
Cash & Bank
1
50
Total Assets
151
Total Debt
56
Net Working Capital
53
Contingent Liabilities
0
Book Value per Share
4.60
Face Value
1.00
Total Debt
56
Net Working Capital
53
Contingent Liabilities
0
Book Value per Share
4.60
Face Value
1.00
Mar 2025
Equity Capital
19
173
2
Trade Payables
20
122
Total Liabilities
336
44
Capital Work in Progress
59
44
39
Cash & Bank
56
95
Total Assets
336
Total Debt
6
Net Working Capital
198
Contingent Liabilities
0
Book Value per Share
10.10
Face Value
1.00
Total Debt
6
Net Working Capital
198
Contingent Liabilities
0
Book Value per Share
10.10
Face Value
1.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022
-0
Cash from Investing
0
Cash from Financing
0
-0
Free Cash Flow
-0
OCF / Net Profit
-1.56
Cumulative 5-Year FCF
0
OCF / Net Profit
-1.56
Cumulative 5-Year FCF
0
Mar 2023
-14
Cash from Investing
-48
Cash from Financing
70
8
Free Cash Flow
-56
OCF / Net Profit
-10.10
Cumulative 5-Year FCF
0
OCF / Net Profit
-10.10
Cumulative 5-Year FCF
0
Mar 2024
-15
Cash from Investing
-55
Cash from Financing
61
-8
Free Cash Flow
-53
OCF / Net Profit
-7.33
Cumulative 5-Year FCF
0
OCF / Net Profit
-7.33
Cumulative 5-Year FCF
0
Mar 2025
-44
Cash from Investing
-90
Cash from Financing
139
5
Free Cash Flow
-68
OCF / Net Profit
-5.69
Cumulative 5-Year FCF
0
OCF / Net Profit
-5.69
Cumulative 5-Year FCF
0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022
EPS (₹)
0.33
Book Value (₹)
1.95
Dividend per Share (₹)
0.00
Cash EPS (₹)
0.12
Operating Margin %
26.72%
Net Margin %
19.53%
ROE %
17.06%
ROCE %
23.35%
15.57%
Debtor Days
0
Inventory Days
0
Payable Days
0
0
Debt to Equity (x)
0.00x
Interest Coverage (x)
0.00x
8.51x
Revenue Growth %
0.00%
Operating Profit Growth %
0.00%
Net Profit Growth %
0.00%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2023
EPS (₹)
0.08
Book Value (₹)
3.00
Dividend per Share (₹)
0.00
Cash EPS (₹)
0.09
Operating Margin %
10.51%
Net Margin %
8.66%
ROE %
5.43%
ROCE %
4.38%
3.55%
Debtor Days
112
Inventory Days
167
Payable Days
91
189
Debt to Equity (x)
0.46x
Interest Coverage (x)
74.96x
8.52x
Revenue Growth %
1262.19%
Operating Profit Growth %
435.50%
Net Profit Growth %
503.81%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2024
EPS (₹)
0.11
Book Value (₹)
4.60
Dividend per Share (₹)
0.00
Cash EPS (₹)
0.13
Operating Margin %
13.23%
Net Margin %
9.05%
ROE %
3.05%
ROCE %
2.96%
1.75%
Debtor Days
155
Inventory Days
116
Payable Days
122
149
Debt to Equity (x)
0.69x
Interest Coverage (x)
15.03x
4.25x
Revenue Growth %
36.81%
Operating Profit Growth %
102.02%
Net Profit Growth %
42.94%
46.05%
P/E (x)
708.41x
P/B (x)
17.40x
Dividend Yield %
0.00%
426.97x
Mar 2025
EPS (₹)
0.39
Book Value (₹)
10.10
Dividend per Share (₹)
0.00
Cash EPS (₹)
0.44
Operating Margin %
9.06%
Net Margin %
8.59%
ROE %
5.65%
ROCE %
5.17%
3.17%
Debtor Days
106
Inventory Days
102
Payable Days
72
136
Debt to Equity (x)
0.03x
Interest Coverage (x)
12.35x
7.20x
Revenue Growth %
307.02%
Operating Profit Growth %
238.73%
Net Profit Growth %
286.40%
248.80%
P/E (x)
150.53x
P/B (x)
5.87x
Dividend Yield %
0.00%
92.98x

Shareholding Pattern

Numbers in percentages

TRADES
Jun 2024
62.10
0.00
DIIs
0.00
0.00
37.90
Sep 2024
62.10
0.16
DIIs
0.00
0.00
37.74
Dec 2024
59.18
1.69
DIIs
0.00
0.00
39.13
Mar 2025
59.18
1.92
DIIs
0.00
0.00
38.90
Jun 2025
59.18
1.90
DIIs
0.00
0.01
38.91
Sep 2025
59.18
1.90
DIIs
0.00
0.01
38.91
Dec 2025
59.18
2.68
DIIs
0.00
0.01
38.13
Mar 2026
59.18
2.44
DIIs
0.00
0.01
38.37
Jun 2026
59.18
1.70
DIIs
0.00
0.01
39.11

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