Mercury Ev-Tech Ltd.
•₹ 39.710.61%
2026-08-21
PROS
- Company is almost debt free
- Company comfortably covers its interest (14.2x coverage)
CONS
- Operating cash flow has been negative in recent years
- Recent results are weak - TTM profit is down 61.9% versus prior year
- Company has a low return on capital employed of 3.8%
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -6.45x)
- Company has a low return on equity of 3.8% over last 3 years
- Promoter holding has decreased over last 2 years: -2.9pp
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | MARUTI | 13688.20 | 30.02 | 430360.53 | 1.02 | 3446.90 | -9.11 | 52469.80 | 43.27 | 19.03 | 8.41 |
| 2. | M&M | 3412.30 | 22.97 | 424329.34 | 0.97 | 5997.56 | 37.04 | 58187.57 | 27.80 | 16.29 | 18.79 |
| 3. | HYUNDAI | 2178.00 | 35.75 | 176971.45 | 0.96 | 888.62 | -35.10 | 16334.63 | 0.96 | 38.55 | 9.25 |
| 4. | TMPV | 322.00 | 1.50 | 118589.11 | 0.93 | 859.00 | -78.54 | 95799.00 | -7.70 | 0.67 | 6.46 |
| 5. | MERCURYEV | 37.60 | 142.77 | 714.30 | 0.00 | 15.58 | 858.18 | 333.84 | 1379.33 | 5.17 | 9.77 |
| 6. | HINDMOTORS | 14.74 | 0.00 | 307.56 | 0.00 | 0.22 | -94.71 | 0.00 | — | 53.69 | — |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7 | 6 | 4 | 4 | 5 | 3 | 14 | 31 | 20 | 5 | 15 | 11 | 21 | |
| 6 | 5 | 4 | 3 | 4 | 2 | 13 | 25 | 20 | 5 | 14 | 9 | 19 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 1 | 0 | 2 | 1 | 2 | |
| Tax % | 14.04% | 17.58% | 17.58% | 50.85% | 16.18% | 26.42% | 26.45% | 26.02% | 6.67% | 27.08% | 27.22% | 26.21% | 15.33% |
| Net Profit | 0 | 1 | 1 | 0 | 1 | 0 | 1 | 4 | 1 | 0 | 1 | 1 | 1 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Equity Capital | 17 | 17 | 17 | 18 | 18 | 18 | 18 | 19 | 19 | 19 | 19 | 19 | 19 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 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% |
| Equity Capital | 17 | 17 | 17 | 18 | 18 | 18 | 18 | 19 | 19 | 19 | 19 | 19 | 19 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 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% |
Mar 2023
- 7
- 6
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 14.04%
- Net Profit
- 0
- 0
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2023
- 6
- 5
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 17.58%
- Net Profit
- 1
- 0
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 4
- 4
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 17.58%
- Net Profit
- 1
- 0
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 4
- 3
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 50.85%
- Net Profit
- 0
- 0
- Equity Capital
- 18
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 18
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 5
- 4
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- -0
- Depreciation
- 0
- 1
- Tax %
- 16.18%
- Net Profit
- 1
- 0
- Equity Capital
- 18
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 18
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 3
- 2
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 26.42%
- Net Profit
- 0
- 0
- Equity Capital
- 18
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 18
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 14
- 13
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 26.45%
- Net Profit
- 1
- 0
- Equity Capital
- 18
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 18
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 31
- 25
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 5
- Tax %
- 26.02%
- Net Profit
- 4
- 0
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 20
- 20
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 6.67%
- Net Profit
- 1
- 0
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 5
- 5
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- 27.08%
- Net Profit
- 0
- 0
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 15
- 14
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 2
- Tax %
- 27.22%
- Net Profit
- 1
- 0
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 11
- 9
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 1
- Tax %
- 26.21%
- Net Profit
- 1
- 0
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 21
- 19
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 1
- 2
- Tax %
- 15.33%
- Net Profit
- 1
- 0
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 1 | 1 | 0 | 1 | 1 | 13 | 19 | 68 | 52 | |
| 1 | 0 | 1 | 1 | 0 | 1 | 1 | 12 | 16 | 60 | 47 | |
| Operating Profit | -0 | -0 | -0 | -0 | -0 | -0 | 0 | 1 | 4 | 10 | — |
| OPM % | -26 | -48 | -39 | -15 | — | -8 | 27 | 9 | 18 | 14 | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 3 |
| -0 | -0 | -0 | -0 | -0 | -0 | 0 | 1 | 3 | 8 | 5 | |
| Tax % | 0 | 0 | 0 | 0 | 4 | 0 | 27 | 19 | 29 | 23 | 23 |
| Net Profit | -0 | -0 | -0 | -0 | -0 | -0 | 0 | 1 | 2 | 6 | 4 |
| EPS | 0 | 0 | 0 | 0 | -0 | -0 | 0 | 0 | 0 | 0 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -0 | -0 | -0 | -0 | -0 | -0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -0 | -0 | -0 | -0 | -0 | -0 | 0 | 0 | 0 | 0 | — |
Mar 2016
- 0
- 1
- Operating Profit
- -0
- OPM %
- -26
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -0
- Tax %
- 0
- 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 2017
- 0
- 0
- Operating Profit
- -0
- OPM %
- -48
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -0
- Tax %
- 0
- 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 2018
- 1
- 1
- Operating Profit
- -0
- OPM %
- -39
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -0
- Tax %
- 0
- 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 2019
- 1
- 1
- Operating Profit
- -0
- OPM %
- -15
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -0
- Tax %
- 0
- 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 2020
- 0
- 0
- Operating Profit
- -0
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -0
- Tax %
- 4
- 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 2021
- 1
- 1
- Operating Profit
- -0
- OPM %
- -8
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -0
- Tax %
- 0
- 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 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
- 13
- 12
- Operating Profit
- 1
- OPM %
- 9
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 19
- 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
- 19
- 16
- Operating Profit
- 4
- OPM %
- 18
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 3
- Tax %
- 29
- 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
- 68
- 60
- Operating Profit
- 10
- OPM %
- 14
- Other Income
- 1
- Interest
- 1
- Depreciation
- 1
- 8
- Tax %
- 23
- Net Profit
- 6
- 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
- 52
- 47
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 3
- 5
- Tax %
- 23
- Net Profit
- 4
- 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:
- 56%
- 5 Years:
- —
- 3 Years:
- 285%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 77%
- 5 Years:
- —
- 3 Years:
- 202%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- —
RETURN ON EQUITY
- 10 Years:
- -2%
- 5 Years:
- 5%
- 3 Years:
- 4%
- Last Year:
- 5%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 17 | 18 | 19 |
| 2 | 1 | 1 | 1 | 1 | 0 | 1 | 33 | 63 | 176 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | |
| Trade Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 6 | 11 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23 | 28 | 91 | |
| Total Liabilities | 3 | 2 | 2 | 1 | 1 | 1 | 1 | 76 | 116 | 297 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 5 | 7 | |
| Capital Work in Progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9 | 43 | 55 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | |
| 1 | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 5 | 12 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13 | 33 | |
| Cash & Bank | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 9 | 1 | 56 |
| 1 | 1 | 2 | 1 | 1 | 0 | 1 | 50 | 48 | 131 | |
| Total Assets | 3 | 2 | 2 | 1 | 1 | 1 | 1 | 76 | 116 | 297 |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22 | 25 | 2 |
| Net Working Capital | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 59 | 53 | 216 |
| Contingent Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book Value per Share | 4.08 | 2.71 | 2.09 | 1.93 | 1.74 | 1.61 | 1.95 | 2.97 | 4.58 | 10.27 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22 | 25 | 2 |
| Net Working Capital | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 59 | 53 | 216 |
| Contingent Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book Value per Share | 4.08 | 2.71 | 2.09 | 1.93 | 1.74 | 1.61 | 1.95 | 2.97 | 4.58 | 10.27 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Mar 2016
- Equity Capital
- 1
- 2
- 0
- Trade Payables
- 0
- 0
- Total Liabilities
- 3
- 0
- Capital Work in Progress
- 0
- 0
- 1
- 0
- Cash & Bank
- 0
- 1
- Total Assets
- 3
- Total Debt
- 0
- Net Working Capital
- 3
- Contingent Liabilities
- 0
- Book Value per Share
- 4.08
- Face Value
- 1.00
- Total Debt
- 0
- Net Working Capital
- 3
- Contingent Liabilities
- 0
- Book Value per Share
- 4.08
- Face Value
- 1.00
Mar 2017
- Equity Capital
- 1
- 1
- 0
- Trade Payables
- 0
- 0
- Total Liabilities
- 2
- 0
- Capital Work in Progress
- 0
- 0
- 0
- 0
- Cash & Bank
- 0
- 1
- Total Assets
- 2
- Total Debt
- 0
- Net Working Capital
- 1
- Contingent Liabilities
- 0
- Book Value per Share
- 2.71
- Face Value
- 1.00
- Total Debt
- 0
- Net Working Capital
- 1
- Contingent Liabilities
- 0
- Book Value per Share
- 2.71
- Face Value
- 1.00
Mar 2018
- Equity Capital
- 1
- 1
- 0
- Trade Payables
- 0
- 0
- Total Liabilities
- 2
- 0
- Capital Work in Progress
- 0
- 0
- 0
- 0
- Cash & Bank
- 0
- 2
- Total Assets
- 2
- Total Debt
- 0
- Net Working Capital
- 1
- Contingent Liabilities
- 0
- Book Value per Share
- 2.09
- Face Value
- 1.00
- Total Debt
- 0
- Net Working Capital
- 1
- Contingent Liabilities
- 0
- Book Value per Share
- 2.09
- Face Value
- 1.00
Mar 2019
- Equity Capital
- 1
- 1
- 0
- Trade Payables
- 0
- 0
- Total Liabilities
- 1
- 0
- Capital Work in Progress
- 0
- 0
- 0
- 0
- Cash & Bank
- 0
- 1
- Total Assets
- 1
- Total Debt
- 0
- Net Working Capital
- 1
- Contingent Liabilities
- 0
- Book Value per Share
- 1.93
- Face Value
- 1.00
- Total Debt
- 0
- Net Working Capital
- 1
- Contingent Liabilities
- 0
- Book Value per Share
- 1.93
- Face Value
- 1.00
Mar 2020
- Equity Capital
- 1
- 1
- 0
- Trade Payables
- 0
- 0
- Total Liabilities
- 1
- 0
- Capital Work in Progress
- 0
- 0
- 0
- 0
- Cash & Bank
- 0
- 1
- Total Assets
- 1
- Total Debt
- 0
- Net Working Capital
- 1
- Contingent Liabilities
- 0
- Book Value per Share
- 1.74
- Face Value
- 1.00
- Total Debt
- 0
- Net Working Capital
- 1
- Contingent Liabilities
- 0
- Book Value per Share
- 1.74
- Face Value
- 1.00
Mar 2021
- Equity Capital
- 1
- 0
- 0
- Trade Payables
- 0
- 0
- Total Liabilities
- 1
- 0
- Capital Work in Progress
- 0
- 0
- 0
- 0
- Cash & Bank
- 1
- 0
- Total Assets
- 1
- Total Debt
- 0
- Net Working Capital
- 1
- Contingent Liabilities
- 0
- Book Value per Share
- 1.61
- Face Value
- 1.00
- Total Debt
- 0
- Net Working Capital
- 1
- Contingent Liabilities
- 0
- Book Value per Share
- 1.61
- Face Value
- 1.00
Mar 2022
- Equity Capital
- 1
- 1
- 0
- Trade Payables
- 0
- 0
- Total Liabilities
- 1
- 0
- Capital Work in Progress
- 0
- 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
- 23
- Total Liabilities
- 76
- 2
- Capital Work in Progress
- 9
- 0
- 6
- 0
- Cash & Bank
- 9
- 50
- Total Assets
- 76
- Total Debt
- 22
- Net Working Capital
- 59
- Contingent Liabilities
- 0
- Book Value per Share
- 2.97
- Face Value
- 1.00
- Total Debt
- 22
- Net Working Capital
- 59
- Contingent Liabilities
- 0
- Book Value per Share
- 2.97
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 18
- 63
- 2
- Trade Payables
- 6
- 28
- Total Liabilities
- 116
- 5
- Capital Work in Progress
- 43
- 0
- 5
- 13
- Cash & Bank
- 1
- 48
- Total Assets
- 116
- Total Debt
- 25
- Net Working Capital
- 53
- Contingent Liabilities
- 0
- Book Value per Share
- 4.58
- Face Value
- 1.00
- Total Debt
- 25
- Net Working Capital
- 53
- Contingent Liabilities
- 0
- Book Value per Share
- 4.58
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 19
- 176
- 0
- Trade Payables
- 11
- 91
- Total Liabilities
- 297
- 7
- Capital Work in Progress
- 55
- 3
- 12
- 33
- Cash & Bank
- 56
- 131
- Total Assets
- 297
- Total Debt
- 2
- Net Working Capital
- 216
- Contingent Liabilities
- 0
- Book Value per Share
- 10.27
- Face Value
- 1.00
- Total Debt
- 2
- Net Working Capital
- 216
- Contingent Liabilities
- 0
- Book Value per Share
- 10.27
- Face Value
- 1.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0 | 0 | -0 | -0 | -0 | 1 | -0 | -15 | -15 | -32 | |
| Cash from Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -46 | -25 | -133 |
| Cash from Financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 69 | 31 | 170 |
| -0 | 0 | 0 | -0 | -0 | 1 | -0 | 8 | -8 | 5 | |
| Free Cash Flow | -0 | 0 | -0 | -0 | -0 | 1 | -0 | -26 | -52 | -46 |
| OCF / Net Profit | 0.06 | -0.20 | 0.71 | 0.02 | 0.16 | -11.76 | -1.56 | -16.83 | -6.63 | -4.95 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -0 | 1 | 0 | -25 | -77 | -123 |
| OCF / Net Profit | 0.06 | -0.20 | 0.71 | 0.02 | 0.16 | -11.76 | -1.56 | -16.83 | -6.63 | -4.95 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -0 | 1 | 0 | -25 | -77 | -123 |
Mar 2016
- -0
- Cash from Investing
- 0
- Cash from Financing
- 0
- -0
- Free Cash Flow
- -0
- OCF / Net Profit
- 0.06
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.06
- Cumulative 5-Year FCF
- 0
Mar 2017
- 0
- Cash from Investing
- 0
- Cash from Financing
- 0
- 0
- Free Cash Flow
- 0
- OCF / Net Profit
- -0.20
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.20
- Cumulative 5-Year FCF
- 0
Mar 2018
- -0
- Cash from Investing
- 0
- Cash from Financing
- 0
- 0
- Free Cash Flow
- -0
- OCF / Net Profit
- 0.71
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.71
- Cumulative 5-Year FCF
- 0
Mar 2019
- -0
- Cash from Investing
- 0
- Cash from Financing
- 0
- -0
- Free Cash Flow
- -0
- OCF / Net Profit
- 0.02
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.02
- Cumulative 5-Year FCF
- 0
Mar 2020
- -0
- Cash from Investing
- 0
- Cash from Financing
- 0
- -0
- Free Cash Flow
- -0
- OCF / Net Profit
- 0.16
- Cumulative 5-Year FCF
- -0
- OCF / Net Profit
- 0.16
- Cumulative 5-Year FCF
- -0
Mar 2021
- 1
- Cash from Investing
- 0
- Cash from Financing
- 0
- 1
- Free Cash Flow
- 1
- OCF / Net Profit
- -11.76
- Cumulative 5-Year FCF
- 1
- OCF / Net Profit
- -11.76
- Cumulative 5-Year FCF
- 1
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
- -15
- Cash from Investing
- -46
- Cash from Financing
- 69
- 8
- Free Cash Flow
- -26
- OCF / Net Profit
- -16.83
- Cumulative 5-Year FCF
- -25
- OCF / Net Profit
- -16.83
- Cumulative 5-Year FCF
- -25
Mar 2024
- -15
- Cash from Investing
- -25
- Cash from Financing
- 31
- -8
- Free Cash Flow
- -52
- OCF / Net Profit
- -6.63
- Cumulative 5-Year FCF
- -77
- OCF / Net Profit
- -6.63
- Cumulative 5-Year FCF
- -77
Mar 2025
- -32
- Cash from Investing
- -133
- Cash from Financing
- 170
- 5
- Free Cash Flow
- -46
- OCF / Net Profit
- -4.95
- Cumulative 5-Year FCF
- -123
- OCF / Net Profit
- -4.95
- Cumulative 5-Year FCF
- -123
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | -0.16 | -0.10 | -0.38 | -0.17 | -0.19 | -0.13 | 0.33 | 0.05 | 0.12 | 0.34 |
| Book Value (₹) | 4.08 | 2.71 | 2.09 | 1.93 | 1.74 | 1.61 | 1.95 | 2.97 | 4.58 | 10.27 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | -0.06 | -0.04 | -0.13 | -0.06 | -0.07 | -0.05 | 0.12 | 0.06 | 0.14 | 0.37 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | -26.48% | -48.25% | -38.56% | -14.58% | 0.00% | -7.66% | 26.73% | 8.98% | 15.79% | 11.95% |
| Net Margin % | -26.48% | -48.25% | -38.56% | -14.58% | 0.00% | -7.66% | 19.54% | 6.81% | 11.43% | 9.44% |
| ROE % | -4.10% | -3.06% | -15.72% | -8.61% | -10.14% | -7.56% | 18.68% | 3.45% | 3.37% | 4.64% |
| ROCE % | -3.74% | -3.06% | -15.72% | -8.61% | -10.55% | -7.56% | 25.55% | 3.03% | 3.71% | 4.61% |
| -3.71% | -2.96% | -13.74% | -7.60% | -9.98% | -7.49% | 17.70% | 2.28% | 2.29% | 3.10% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 0 | 268 | 212 | 206 | 0 | 0 | 0 | 183 | 189 | 125 |
| Inventory Days | 1094 | 1771 | 0 | 0 | 0 | 0 | 0 | 170 | 103 | 46 |
| Payable Days | 0 | 430 | 103 | 70 | 0 | 0 | 0 | 107 | 113 | 56 |
| 1094 | 1609 | 108 | 136 | 0 | 0 | 0 | 245 | 180 | 115 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.45x | 0.31x | 0.01x |
| Interest Coverage (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 54.23x | 16.10x | 14.25x |
| 109.17x | 11.64x | 5.20x | 50.36x | 80.54x | 156.24x | 8.49x | 16.35x | 5.30x | 16.71x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -47.07% | -63.32% | 354.04% | 21.62% | -100.00% | 0.00% | 2.92% | 993.88% | 48.38% | 252.66% |
| Operating Profit Growth % | -517.27% | 33.15% | -262.87% | 54.02% | -11.57% | 34.60% | 458.98% | 267.52% | 204.08% | 169.37% |
| Net Profit Growth % | -622.02% | 33.15% | -262.87% | 54.02% | -7.26% | 31.97% | 362.39% | 281.12% | 149.17% | 191.23% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 137.00% | 169.10% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 640.35x | 176.38x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 17.45x | 5.77x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 404.56x | 112.84x |
Mar 2016
- EPS (₹)
- -0.16
- Book Value (₹)
- 4.08
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.06
- Operating Margin %
- -26.48%
- Net Margin %
- -26.48%
- ROE %
- -4.10%
- ROCE %
- -3.74%
- -3.71%
- Debtor Days
- 0
- Inventory Days
- 1094
- Payable Days
- 0
- 1094
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 0.00x
- 109.17x
- Revenue Growth %
- -47.07%
- Operating Profit Growth %
- -517.27%
- Net Profit Growth %
- -622.02%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- -0.10
- Book Value (₹)
- 2.71
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.04
- Operating Margin %
- -48.25%
- Net Margin %
- -48.25%
- ROE %
- -3.06%
- ROCE %
- -3.06%
- -2.96%
- Debtor Days
- 268
- Inventory Days
- 1771
- Payable Days
- 430
- 1609
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 0.00x
- 11.64x
- Revenue Growth %
- -63.32%
- Operating Profit Growth %
- 33.15%
- Net Profit Growth %
- 33.15%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- -0.38
- Book Value (₹)
- 2.09
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.13
- Operating Margin %
- -38.56%
- Net Margin %
- -38.56%
- ROE %
- -15.72%
- ROCE %
- -15.72%
- -13.74%
- Debtor Days
- 212
- Inventory Days
- 0
- Payable Days
- 103
- 108
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 0.00x
- 5.20x
- Revenue Growth %
- 354.04%
- Operating Profit Growth %
- -262.87%
- Net Profit Growth %
- -262.87%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- -0.17
- Book Value (₹)
- 1.93
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.06
- Operating Margin %
- -14.58%
- Net Margin %
- -14.58%
- ROE %
- -8.61%
- ROCE %
- -8.61%
- -7.60%
- Debtor Days
- 206
- Inventory Days
- 0
- Payable Days
- 70
- 136
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 0.00x
- 50.36x
- Revenue Growth %
- 21.62%
- Operating Profit Growth %
- 54.02%
- Net Profit Growth %
- 54.02%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- -0.19
- Book Value (₹)
- 1.74
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.07
- Operating Margin %
- 0.00%
- Net Margin %
- 0.00%
- ROE %
- -10.14%
- ROCE %
- -10.55%
- -9.98%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 0.00x
- 80.54x
- Revenue Growth %
- -100.00%
- Operating Profit Growth %
- -11.57%
- Net Profit Growth %
- -7.26%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- -0.13
- Book Value (₹)
- 1.61
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.05
- Operating Margin %
- -7.66%
- Net Margin %
- -7.66%
- ROE %
- -7.56%
- ROCE %
- -7.56%
- -7.49%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 0.00x
- 156.24x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 34.60%
- Net Profit Growth %
- 31.97%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 0.33
- Book Value (₹)
- 1.95
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.12
- Operating Margin %
- 26.73%
- Net Margin %
- 19.54%
- ROE %
- 18.68%
- ROCE %
- 25.55%
- 17.70%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 0.00x
- 8.49x
- Revenue Growth %
- 2.92%
- Operating Profit Growth %
- 458.98%
- Net Profit Growth %
- 362.39%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 0.05
- Book Value (₹)
- 2.97
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.06
- Operating Margin %
- 8.98%
- Net Margin %
- 6.81%
- ROE %
- 3.45%
- ROCE %
- 3.03%
- 2.28%
- Debtor Days
- 183
- Inventory Days
- 170
- Payable Days
- 107
- 245
- Debt to Equity (x)
- 0.45x
- Interest Coverage (x)
- 54.23x
- 16.35x
- Revenue Growth %
- 993.88%
- Operating Profit Growth %
- 267.52%
- Net Profit Growth %
- 281.12%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 0.12
- Book Value (₹)
- 4.58
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.14
- Operating Margin %
- 15.79%
- Net Margin %
- 11.43%
- ROE %
- 3.37%
- ROCE %
- 3.71%
- 2.29%
- Debtor Days
- 189
- Inventory Days
- 103
- Payable Days
- 113
- 180
- Debt to Equity (x)
- 0.31x
- Interest Coverage (x)
- 16.10x
- 5.30x
- Revenue Growth %
- 48.38%
- Operating Profit Growth %
- 204.08%
- Net Profit Growth %
- 149.17%
- 137.00%
- P/E (x)
- 640.35x
- P/B (x)
- 17.45x
- Dividend Yield %
- 0.00%
- 404.56x
Mar 2025
- EPS (₹)
- 0.34
- Book Value (₹)
- 10.27
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.37
- Operating Margin %
- 11.95%
- Net Margin %
- 9.44%
- ROE %
- 4.64%
- ROCE %
- 4.61%
- 3.10%
- Debtor Days
- 125
- Inventory Days
- 46
- Payable Days
- 56
- 115
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 14.25x
- 16.71x
- Revenue Growth %
- 252.66%
- Operating Profit Growth %
- 169.37%
- Net Profit Growth %
- 191.23%
- 169.10%
- P/E (x)
- 176.38x
- P/B (x)
- 5.77x
- Dividend Yield %
- 0.00%
- 112.84x
Documents
Announcements
- Monitoring Agency Report
2026-08-14 - Intimation of Monitoring Agency Report for quarter ended June 30, 2026
- Copy of Newspaper Publication
2026-08-14 - Mercury Ev-Tech Limited has informed the Exchange about Copy of Newspaper Publication
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Nothing filed yet.