MERCURYEVConsumer Discretionary

Mercury Ev-Tech Limited

Passenger Cars & Utility Vehicles · ISIN INE763M01028 · BSE 531357 · NSE EQ · FV ₹1
Last price
₹40
+2.01%today
What this company does

Mercury Ev-Tech Limited operates in Passenger Cars & Utility Vehicles, part of the Consumer Discretionary sector. It booked ₹33 cr of revenue in its latest quarter (Q1 FY27) and kept 4.9% of sales as profit. It is the 7th largest of 7 Passenger Cars & Utility Vehicles companies we track, by market value.

62out of 100
Equitytale Health Score
Mixed

Healthier than 62% of companies in Consumer Discretionary, on the 3 of 6 measures we could read for it. Each measure is ranked against the 405–422 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
54

At close. Not part of the score.

Profitability & returns53

How much profit it earns on the money it employs

Balance sheet55

How much it owes, and whether earnings cover the interest

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: cash quality, growth & consistency, valuation. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
A mixed picture
Strengths
✓ Makes a profit
✓ Promoters hold 59%
✓ No promoter shares pledged
Watch-outs
! Thin 4.9% net margin

What if I invest in MERCURYEV?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹40▲ +2.01%
latest close · 2026-09-25
52-wk low ₹3448 sessions so far52-wk high ₹44
How good is the business?
How much profit it earns from its money and its sales.
Net margin4.9%Thin
ThinDecentStrong
EBITDA margin10.8%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Interest cover3.7×Okay
RiskyOkayStrong ▸5×
More figures
Market cap
₹753 cr
Book value
—
EPS
₹0.00
latest quarter
Net debt
—
Enterprise value
—
EBITDA
₹14 cr
annualised
EBIT
₹11 cr
annualised
Operating margin
8.0%
Return on assets
—
Earnings yield
—
P/S
5.64
Sales / share
₹7.0
Tax rate
20.0%
Face value
₹1
Shares
19.0 cr
Working capital
—
Current assets
—
Current liabilities
—
Delivery %
63.2%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-25.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
We haven't parsed this company's annual profit history yet — common for banks and insurers, whose results file in a different format — so we can't value it off earnings.

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹33 cr
Other Income₹35.6 L
Total Income₹34 cr
Cost of Materials₹16 cr
Purchases of Stock-in-Trade₹9 cr
Inventory Change (±)₹33.9 L
Employee Benefit Expense₹3 cr
Finance Costs₹72.5 L
Depreciation & Amortisation₹94.2 L
Other Expenses₹2 cr
Total Expenses₹32 cr
Profit before Tax₹2 cr
Tax Expense₹39.1 L
Net Profit₹2 cr
Net margin on total income4.6%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹25 cr74.8%
Employee benefit expense₹3 cr7.9%
Finance costs₹72.5 L2.1%
Depreciation & amortisation₹94.2 L2.8%
Other expenses₹2 cr6.6%
Tax expense₹39.1 L1.2%
Profit for the period₹2 cr4.6%
Total income ₹34 cradds up to ₹100 ✓
Peer comparison
Passenger Cars & Utility Vehicles · by market value
CompanyPriceMarket capP/E
Maruti Suzuki India Limited₹12,065₹3.79 L cr27.5
Mahindra & Mahindra Limited₹3,035₹3.39 L cr15.5
Hyundai Motor India Limited₹2,115₹1.72 L cr48.3
Tata Motors Passenger Vehicles Limited₹290₹1.07 L cr34.6
FORCE MOTORS LTD₹17,388₹22,917 cr26.4
Olectra Greentech Limited₹1,207₹9,910 cr95.5
Mercury Ev-Tech Limitedthis company₹40₹753 cr—
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
No pledge
Promoter
59.2%
FII / Foreign
1.7%
DII / Domestic
—
Retail / others
39.1%
Smart-money activity
Insider trades
SoldShree Saibaba Exim Private Limited · Promoter Group20.00 L · ₹20.0 L10 Sep 26
SoldShree Saibaba Exim Private Limited · Promoter Group52.45 L · ₹52.5 L7 Sep 26
Bulk / block deals
SoldSHREE SAIBABA EXIM PRIVATE LIMITED · NSE20.00 L @ ₹40.110 Sep 26
BoughtSETU SECURITIES PVT LTD · NSE20.00 L @ ₹40.1910 Sep 26
SoldSHREE SAIBABA EXIM PRIVATE LIMITED · NSE12.45 L @ ₹38.578 Sep 26
Stake changes
SoldShree Saibaba Exim Private Ltd · promoter→ 18.82% · 20.00 L10 Sep 26
SoldShree Saibaba Exim Private Ltd · promoter→ 19.87% · 52.45 L8 Sep 26
Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 4 named members
owning 59.2% between them · as of 2026-06-30
SHREE SAIBABA EXIM PRIVATE LIMITED22.63%
RAGHUVIR INTERNATIONAL PRIVATE LIMITED21.95%
ARTIBEN JAYESHBHAI THAKKAR14.59%
KAVIT JAYESHBHAI THAKKARno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.