Mercury EV-Tech
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Mercury EV-Tech

38.44
+0.26
(0.68%)
Market Cap
₹730.24 Cr
PE Ratio
83.00
Volume
1,06,212.00
Day High - Low
₹38.74 - ₹37.02
52W High-Low
₹99.26 - ₹36.00
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Key Fundamentals
Add Ratio
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Market Cap
730.24 Cr
EPS
0.39
PB Ratio
2.59
Book Value
14.76
EBITDA
11.60
Dividend Yield
0.00 %
Industry
Automobiles
ROE Growth %
-
Debt to Equity
0.17
Forecast For
Actual

Company News

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Caret
positive
Mercury EV-Tech Limited announces the appointment of Ms. Krishna Tejashkumar Naik as Company Secretary and Compliance Officer, effective December 13, 2025, following board meeting approval.
positive
Mercury Ev-Tech Limited has expanded its South India footprint by opening three new dealership showrooms in Tamil Nadu locations including Tiruvannamalai, Vridhachalam, and Chengalpattu districts. The expansion aligns with the company's business growth strategy and is expected to strengthen market presence and customer outreach in the region.
positive
The National Company Law Tribunal (NCLT) Ahmedabad Bench has approved the merger of EV Nest Private Limited (transferor company) into Mercury Ev-Tech Limited (transferee company) on September 18, 2025. The appointed date for the scheme is April 1, 2023. EV Nest Private Limited is a wholly-owned subsidiary of Mercury Ev-Tech Limited, which is listed on the Bombay Stock Exchange with scrip code 531357. The merger aims to achieve operational efficiency, business synergies, and stakeholder value consolidation. Since all shares of the transferor company are held by the transferee company, no new shares will be issued upon completion. The transferor company will be dissolved without winding up, and all assets, liabilities, and employees will transfer to Mercury Ev-Tech Limited. The company is proceeding with necessary regulatory filings including e-form INC-28 with the Registrar of Companies within 30 days. Employee terms and conditions will remain not less favorable than their current arrangements.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
16,522.00
#1 5,19,455.93
34.60
1,57,935.20
8.21
14,500
7.95
63.07
3,679.60
4,57,568.87
29.39
1,61,391.90
14.26
14,073
17.93
51.56
2,342.20
1,90,313.38
33.28
70,104.40
-1.75
5,640
14.31
48.98
347.45
1,27,949.25
#1 1.35
#1 4,46,861.00
1.63
#1 23,278
#1 2,065.52
30.74
17,415.00
22,696.82
20.75
8,128.30
15.60
801
159.59
51.25
1,213.50
9,960.50
68.72
1,814.20
55.63
139
3.56
35.80
38.44
#7 730.24
#8 83.00
#7 93.10
#1 313.78
#7 8
#6 6.25
42.07
17.12
357.23
51.42
2.80
-86.67
-32
-100.00
34.62
Growth Rate
Revenue Growth
313.78 %
Net Income Growth
285.00 %
Cash Flow Change
-200.00 %
ROE
12.15 %
ROCE
54.78 %
EBITDA Margin (Avg.)
-18.06 %

Quarterly Financial Results

Quarterly Financials
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Revenue
0
2
3
4
7
7
6
5
6
4
20
36
34
23
35
Expenses
0
2
3
3
7
6
5
4
5
3
18
30
32
21
31
EBITDA
0
0
0
1
0
1
1
1
0
1
2
6
2
3
4
Operating Profit %
94 %
1 %
3 %
32 %
2 %
14 %
11 %
21 %
7 %
23 %
10 %
17 %
-3 %
9 %
9 %
Depreciation
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
Interest
0
0
0
0
0
0
0
0
-0
0
0
0
0
0
0
Profit Before Tax
0
0
0
1
0
1
1
1
0
1
2
6
1
2
2
Tax
0
0
0
0
-0
0
0
0
0
0
1
2
-0
1
1
Net Profit
0
0
0
1
0
1
1
1
0
1
2
4
2
1
2
EPS in ₹
0.39
0.01
0.00
0.06
0.02
0.04
0.04
0.30
0.01
0.03
0.09
0.23
0.06
0.07
0.09

Balance Sheet

Balance Sheet
2022
2023
2024
2025
Total Assets
2
77
151
336
Fixed Assets
0
33
37
44
Current Assets
1
33
69
230
Capital Work in Progress
0
9
43
59
Investments
0
0
0
0
Other Assets
2
35
71
233
Total Liabilities
2
77
151
336
Current Liabilities
0
4
16
32
Non Current Liabilities
0
23
54
26
Total Equity
1
50
81
278
Reserve & Surplus
1
33
63
173
Share Capital
1
17
18
19

Cash Flow

Cash Flow
2022
2023
2024
2025
Net Cash Flow
-0
8
-8
5
Investing Activities
0
-48
-55
-90
Operating Activities
-0
-14
-15
-44
Financing Activities
0
70
61
139

Share Holding

% Holding
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Nov 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Promoter
49.78 %
49.78 %
49.78 %
49.78 %
65.10 %
65.10 %
62.56 %
62.56 %
62.56 %
62.56 %
62.56 %
62.10 %
62.10 %
62.10 %
62.10 %
59.18 %
59.18 %
59.18 %
59.18 %
59.18 %
FIIs
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 %
0.00 %
0.16 %
1.72 %
1.69 %
1.92 %
1.90 %
1.90 %
DIIs
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 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Government
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 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.01 %
0.01 %
Public / Retail
47.28 %
47.28 %
47.28 %
47.17 %
33.54 %
33.52 %
17.91 %
18.89 %
18.84 %
20.32 %
22.09 %
22.36 %
21.55 %
22.48 %
25.26 %
26.41 %
28.29 %
29.02 %
29.97 %
30.42 %
Others
2.94 %
2.94 %
2.94 %
3.05 %
1.36 %
1.38 %
19.53 %
18.55 %
18.60 %
17.12 %
15.35 %
15.54 %
16.34 %
15.42 %
12.48 %
12.69 %
10.84 %
9.88 %
8.94 %
8.49 %
No of Share Holders
6,567
6,565
6,569
6,567
6,548
6,549
6,710
12,727
14,340
20,954
25,048
40,844
44,185
45,309
47,757
47,796
58,187
62,900
67,991
75,130

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
15 Dec 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
15 Dec 2025 38.88 38.24
04 Aug 2022 RIGHTS Rights
23:1
04 Aug 2022 0.00 0.00
31 Dec 2022 CHANGE OF NAME Change Of Name
NA
31 Dec 2022 0.00 0.00
12 Oct 2024 EXTRAORDINARY GENERAL MEETING Extraordinary General Meeting
NA
12 Oct 2024 92.36 117.00
14 Nov 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
14 Nov 2024 104.40 98.80
30 Nov 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
30 Nov 2024 110.75 97.35
11 Feb 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
11 Feb 2025 79.24 75.21
22 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
22 May 2025 65.06 63.18
14 Aug 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
14 Aug 2025 49.70 46.49
14 Nov 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
14 Nov 2025 41.98 41.94

Announcements

Appointment of Company Secretary and Compliance Officer1 day ago
Board Meeting Outcome for Outcome Of Board Meeting1 day ago
Intimation Under Regulation 30 Of SEBI (LODR) 2015Nov 24, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationNov 22, 2025
Reg. 34 (1) Annual Report.Nov 21, 2025
Intimation Of Book ClosureNov 21, 2025
Notice Of AGM To Be Held On December 15 2025 For FY 24-25.Nov 21, 2025
Annual Report For FY 24-25Nov 21, 2025
Intimation Of Book Closure And Date Of AGM For FY 24-25.Nov 20, 2025
Board Meeting Outcome for Outcome Of Board Meeting Held On 20.11.2025Nov 20, 2025
Intimation Under Reg 30 Of SEBI (LODR) Regulations 2015Nov 18, 2025
Extension Of Annual General Meeting For FY 24-25.Nov 18, 2025
Announcement under Regulation 30 (LODR)-Monitoring Agency ReportNov 14, 2025
Unaudited Financial Results For The Quarter And Half Year Ended September 30 2025.Nov 14, 2025
Board Meeting Outcome for Unaudited Financial Results For The Quarter And Half Year Ended On September 2025.Nov 14, 2025
Board Meeting Intimation for Board Meeting To Be Held On 14.11.2025Nov 08, 2025
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance OfficerOct 30, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 13, 2025
Intimation Under Regulation 30 Of SEBI (LODR) Regulations 2015.Oct 01, 2025
Announcement under Regulation 30 (LODR)-Change in Management ControlSep 30, 2025
Announcement under Regulation 30 (LODR)-CessationSep 30, 2025
Board Meeting Outcome for Outcome Of Board Meeting Held On September 30 2025Sep 30, 2025
Closure of Trading WindowSep 29, 2025
Announcement Under Regulation 30 Of SEBI (LODR) Regulations 2015.Sep 25, 2025
Intimation For Opening Of New Showrooms In The State Of GujaratSep 22, 2025
Intimation Under Reg 30 Of SEBI (LODR) 2015Sep 19, 2025
Intimation Under Regulation 30 Of SEBI (LODR) Regulations 2015 - Grant Of LicenseSep 08, 2025
Intimation Under Regulation 30 Of SEBI (LODR) Regulations 2015Sep 04, 2025
Board Meeting Outcome for Outcome Of Board Meeting Held On September 04 2025Sep 04, 2025
Business UpdateAug 28, 2025
Intimation Under Regulation 30 Of SEBI(LODR) Regulations2015Aug 16, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 15, 2025
Unaudited Financial Results And Outcome Of The Board Meeting Held On August 142025Aug 14, 2025
Announcement under Regulation 30 (LODR)-Monitoring Agency ReportAug 14, 2025
Unaudited Financial Results For The Quarter Ended June 30 2025Aug 14, 2025
Board Meeting Outcome for Outcome Of The Board Meeting Held On August 142025Aug 14, 2025
Board Meeting Intimation for Board Meeting To Be Held For August 142025Aug 06, 2025
Update Under Regulation 30 Of SEBI(LODR) Regulations2015Jul 28, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementJul 24, 2025
Board Meeting Outcome for Outcome Of Board Meeting Held On July 24 2025.Jul 24, 2025
Intimation Under Regulation 30 Of SEBI(LODR) Regulations2015Jul 17, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 07, 2025
Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportJul 02, 2025
Shareholder Meeting / Postal Ballot-Outcome of Postal_BallotJul 02, 2025
Closure of Trading WindowJun 26, 2025
Mercury EV TechS New EV Showroom At BhavnagarJun 09, 2025
Intimation Of Opening Of New Showroom.Jun 05, 2025
Shareholder Meeting / Postal Ballot-Notice of Postal BallotMay 30, 2025
Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 29, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 24, 2025

Technical Indicators

RSI(14)
Neutral
40.85
ATR(14)
Less Volatile
1.90
STOCH(9,6)
Neutral
31.26
STOCH RSI(14)
Neutral
49.30
MACD(12,26)
Bullish
0.07
ADX(14)
Weak Trend
23.92
UO(9)
Bearish
45.57
ROC(12)
Downtrend And Accelerating
-6.62
WillR(14)
Neutral
-71.46