MERCURY EV-TECH LIMITED (MERCURYEV) financials

MERCURY EV-TECH LIMITED (MERCURYEV) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated in 1986, Mercury Ev-Tech Ltd is in the business of Manufacturing and Trading of Electronic vehicles and other related renewable energy products[1]

Market Cap: ₹612Cr.
Current Price: ₹32.2
Stock P/E: 157
ROE: 1.01%
ROCE: 1.57%
Book Value: ₹14.9
Dividend Yield: 0.00%
52W High / Low: ₹45.3/20.0

In Jun 2026, MERCURY EV-TECH LIMITED (MERCURYEV) reported sales ₹20.67 Cr and net profit ₹1.44 Cr.

Annual TTM: sales ₹61.04 Cr, net profit ₹3.91 Cr.

Shareholding: Promoters 55.36% (Sep 2026), FIIs 0.57% (Sep 2026), Government 0.01% (Sep 2026), Public 44.05% (Sep 2026), No. of Shareholders 74,700% (Sep 2026).

MERCURYEV quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	13.91	30.98	20.17	4.91	15.49	11.21	13.67	20.67
Expenses	12.81	25.30	19.60	4.60	13.64	9.32	15.32	17.59
Operating Profit	1.10	5.68	0.57	0.31	1.85	1.89	-1.65	3.08
OPM %	7.91%	18.33%	2.83%	6.31%	11.94%	16.86%	-12.07%	14.90%
Other Income	0.37	0.09	0.96	0.39	0.65	0.00	3.99	0.01
Interest	0.08	0.25	0.23	0.01	0.07	0.00	0.24	0.57
Depreciation	0.18	0.14	0.10	0.21	0.85	0.86	0.93	0.82
Profit before tax	1.21	5.38	1.20	0.48	1.58	1.03	1.17	1.70
Tax %	25.62%	26.02%	6.67%	27.08%	27.22%	26.21%	52.99%	15.29%
Net Profit	0.90	3.98	1.12	0.36	1.15	0.76	0.56	1.44
EPS in Rs	0.05	0.21	0.06	0.02	0.06	0.04	0.03	0.08
Raw PDF	—	—	—	—	—	—	—	—

MERCURYEV profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	0.00	1.15	1.18	12.93	19.18	67.64	45.27	61.04
Expenses	0.14	1.27	0.90	12.30	16.15	59.55	42.86	55.87
Operating Profit	-0.14	-0.12	0.28	0.63	3.03	8.09	2.41	5.17
OPM %	—	-10.43%	23.73%	4.87%	15.80%	11.96%	5.32%	8.47%
Other Income	0.01	0.03	0.04	0.53	0.50	1.42	5.03	4.65
Interest	0.00	0.00	0.00	0.02	0.20	0.63	0.32	0.88
Depreciation	0.00	0.00	0.00	0.05	0.24	0.56	2.85	3.46
Profit before tax	-0.13	-0.09	0.32	1.09	3.09	8.32	4.27	5.48
Tax %	-7.69%	0.00%	28.12%	19.27%	28.80%	23.20%	33.72%	—
Net Profit	-0.13	-0.09	0.23	0.88	2.19	6.39	2.83	3.91
EPS in Rs	-0.01	-0.01	0.01	0.05	0.12	0.34	0.15	0.21
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	—

MERCURYEV balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	0.70	0.70	0.70	0.70	16.69	17.55	19.00	19.00
Reserves	0.65	0.51	0.42	0.66	32.95	62.88	261.08	263.79
Borrowings	0.00	0.00	0.00	0.00	22.30	25.09	2.45	20.30
Other Liabilities	0.02	0.02	0.01	0.12	3.76	10.54	13.97	18.80
Total Liabilities	1.37	1.23	1.13	1.48	75.70	116.06	296.50	321.89
Fixed Assets	0.00	0.00	0.00	0.00	2.11	5.23	7.03	85.76
CWIP	0.00	0.00	0.00	0.00	8.72	43.22	55.05	14.49
Investments	0.01	0.00	0.00	0.00	0.02	0.02	3.04	3.03
Other Assets	1.36	1.23	1.13	1.48	64.85	67.59	231.38	218.61
Total Assets	1.37	1.23	1.13	1.48	75.70	116.06	296.50	321.89

MERCURYEV cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	0.00	-0.02	1.03	-0.36	-14.81	-14.53	-31.62	-23.40
Cash from Investing Activity	0.00	0.00	0.00	0.04	-46.38	-24.85	-133.46	3.38
Cash from Financing Activity	0.00	0.00	0.00	0.00	69.42	31.27	170.09	18.09
Net Cash Flow	0.00	-0.02	1.03	-0.32	8.22	-8.11	5.00	-1.93
Free Cash Flow	0.00	-0.02	1.03	-0.36	-25.64	-37.40	-45.25	-64.53
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	0%	14%	-858%	-129%	-2,356%	-473%	-385%	-971%

MERCURYEV shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	59.17%	59.17%	59.17%	59.17%	59.17%	59.17%	59.17%	55.36%
FIIs	1.69%	1.92%	1.90%	1.90%	2.68%	2.44%	1.70%	0.57%
Government	0.00%	0.00%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Public	39.13%	38.91%	38.92%	38.92%	38.14%	38.37%	39.10%	44.05%
No. of Shareholders	58,187	62,900	67,991	75,707	75,914	76,425	75,062	74,700

MERCURYEV key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	109.94	—	0.00	0.00	182.92	255.39	177.27	347.50
Inventory Days	0.00	—	0.00	0.00	218.71	128.57	85.44	345.67
Days Payable	—	—	—	—	106.99	147.70	73.21	157.26
Cash Conversion Cycle	109.94	—	0.00	0.00	294.64	236.26	189.50	535.92
Working Capital Days	558.49	—	12.70	68.05	1,423.30	998.71	864.96	1,415.65
ROCE %	-8.54%	-10.16%	-7.73%	25.81%	3.00%	3.71%	4.61%	1.57%

MERCURYEVUpdated 23 Oct 2026, 10:03

Mercury Ev-tech Limited

MERCURYEVUpdated 23 Oct 2026, 10:03

Market Cap

₹612Cr.

Current Price

₹32.2

High / Low

₹45.3/20.0

Stock P/E

157

ROE1.01%

ROCE1.57%

Book Value₹14.9

Face Value₹1.00

Dividend Yield0.00%

About

Incorporated in 1986, Mercury Ev-Tech Ltd is in the business of Manufacturing and Trading of Electronic vehicles and other related renewable energy products[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	6.35	0.01	5.39	0	0.04	0.91	17.58	0.74	0.04
Sep 2023	4.15	0.14	3.55	0.5	0.04	0.92	17.39	0.75	0.04
Dec 2023	4.09	0.12	3.29	0	0.09	0.59	50.85	0.29	0.02
Mar 2024	4.59	-0.05	3.9	0	0.06	0.68	16.18	0.57	0.03
Jun 2024	2.58	0.07	1.84	0	0.14	0.53	26.42	0.39	0.02
Sep 2024	13.91	0.08	12.81	0.37	0.18	1.21	25.62	0.9	0.05
Dec 2024	30.98	0.25	25.3	0.09	0.14	5.38	26.02	3.98	0.21
Mar 2025	20.17	0.23	19.6	0.96	0.1	1.2	6.67	1.12	0.06
Jun 2025	4.91	0.01	4.6	0.39	0.21	0.48	27.08	0.36	0.02
Sep 2025	15.49	0.07	13.64	0.65	0.85	1.58	27.22	1.15	0.06
Dec 2025	11.21	0	9.32	0	0.86	1.03	26.21	0.76	0.04
Mar 2026	13.67	0.24	15.32	3.99	0.93	1.17	52.99	0.56	0.03
Jun 2026	20.67	0.57	17.59	0.01	0.82	1.7	15.29	1.44	0.08

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	0.77	0	0.75	0.01	0	0.03	33.33	0.02	0
Mar 2016	0.41	0	0.52	0	0	-0.11	0	-0.11	-0.01
Mar 2017	0.15	0	0.22	0	0	-0.07	0	-0.07	0
Mar 2018	0.68	0	0.85	-0.09	0	-0.26	0	-0.26	-0.02
Mar 2019	0.83	0	0.95	0	0	-0.12	0	-0.12	-0.01
Mar 2020	0	0	0.14	0.01	0	-0.13	-7.69	-0.13	-0.01
Mar 2021	1.15	0	1.27	0.03	0	-0.09	0	-0.09	-0.01
Mar 2022	1.18	0	0.9	0.04	0	0.32	28.12	0.23	0.01
Mar 2023	12.93	0.02	12.3	0.53	0.05	1.09	19.27	0.88	0.05
Mar 2024	19.18	0.2	16.15	0.5	0.24	3.09	28.8	2.19	0.12
Mar 2025	67.64	0.63	59.55	1.42	0.56	8.32	23.2	6.39	0.34
Mar 2026	45.27	0.32	42.86	5.03	2.85	4.27	33.72	2.83	0.15
TTM	61.04	0.88	55.87	4.65	3.46	5.48	—	3.91	0.21

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	55.36%
FIIs	0.57%
Government	0.01%
Public	44.05%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	Government	Public
Dec 2023	62.1%	0%	0%	37.9%
Mar 2024	62.1%	0%	0%	37.88%
Jun 2024	62.1%	0%	0%	37.91%
Sep 2024	62.1%	0.16%	0%	37.73%
Dec 2024	59.17%	1.69%	0%	39.13%
Mar 2025	59.17%	1.92%	0%	38.91%
Jun 2025	59.17%	1.9%	0.01%	38.92%
Sep 2025	59.17%	1.9%	0.01%	38.92%
Dec 2025	59.17%	2.68%	0.01%	38.14%
Mar 2026	59.17%	2.44%	0.01%	38.37%
Jun 2026	59.17%	1.7%	0.01%	39.1%
Sep 2026	55.36%	0.57%	0.01%	44.05%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	7.47	-4.52	0	0.02	2.97	0	0	0.3	2.67	2.97
Mar 2016	0.7	2.14	0	0.02	2.86	0	0	0.3	2.56	2.86
Mar 2017	0.7	1.19	0	0.12	2.01	0	0	0.46	1.55	2.01
Mar 2018	0.7	0.76	0	0.35	1.81	0	0	0	1.81	1.81
Mar 2019	0.7	0.65	0	0.02	1.37	0	0	0.01	1.36	1.37
Mar 2020	0.7	0.51	0	0.02	1.23	0	0	0	1.23	1.23
Mar 2021	0.7	0.42	0	0.01	1.13	0	0	0	1.13	1.13
Mar 2022	0.7	0.66	0	0.12	1.48	0	0	0	1.48	1.48
Mar 2023	16.69	32.95	22.3	3.76	75.7	2.11	8.72	0.02	64.85	75.7
Mar 2024	17.55	62.88	25.09	10.54	116.06	5.23	43.22	0.02	67.59	116.06
Mar 2025	19	261.08	2.45	13.97	296.5	7.03	55.05	3.04	231.38	296.5
Mar 2026	19	263.79	20.3	18.8	321.89	85.76	14.49	3.03	218.61	321.89

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	0	0	0	0.01
Mar 2016	-0.01	0	0	-0.01
Mar 2017	0.01	0	0	0.01
Mar 2018	-0.19	0.21	0	0.03
Mar 2019	0	0	0	0
Mar 2020	-0.02	0	0	-0.02
Mar 2021	1.03	0	0	1.03
Mar 2022	-0.36	0.04	0	-0.32
Mar 2023	-14.81	-46.38	69.42	8.22
Mar 2024	-14.53	-24.85	31.27	-8.11
Mar 2025	-31.62	-133.46	170.09	5
Mar 2026	-23.4	3.38	18.09	-1.93

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	71.10	0.00	267.67	365.00	109.94	—	0.00	0.00	182.92	255.39	177.27	347.50
Inventory Days	645.36	1,113.25	839.50	0.00	0.00	—	0.00	0.00	218.71	128.57	85.44	345.67
Days Payable	0.00	0.00	401.50	—	—	—	—	—	106.99	147.70	73.21	157.26
Cash Conversion Cycle	716.47	1,113.25	705.67	365.00	109.94	—	0.00	0.00	294.64	236.26	189.50	535.92
Working Capital Days	1,241.95	2,243.41	3,382.33	746.10	558.49	—	12.70	68.05	1,423.30	998.71	864.96	1,415.65
ROCE %	1.02%	-3.80%	-2.96%	-10.15%	-8.54%	-10.16%	-7.73%	25.81%	3.00%	3.71%	4.61%	1.57%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of MERCURY EV-TECH LIMITED (MERCURYEV)?

The reported market capitalisation for MERCURY EV-TECH LIMITED (MERCURYEV) is ₹612Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of MERCURYEV?

The current price shown for MERCURY EV-TECH LIMITED (MERCURYEV) on Fincrux is ₹32.2 with a 52-week high/low of ₹45.3/20.0.

What is the P/E ratio of MERCURY EV-TECH LIMITED (MERCURYEV)?

The stock P/E for MERCURY EV-TECH LIMITED (MERCURYEV) is 157 on Fincrux, with ROE at 1.01% and ROCE at 1.57%.

What were MERCURYEV latest quarterly results?

For Jun 2026, MERCURY EV-TECH LIMITED (MERCURYEV) reported sales ₹20.67 Cr and net profit ₹1.44 Cr (figures in ₹ crore unless noted).

What are MERCURYEV annual sales and net profit?

For TTM, MERCURY EV-TECH LIMITED (MERCURYEV) shows sales of ₹61.04 Cr and net profit of ₹3.91 Cr on the Fincrux profit & loss statement.

Who owns MERCURY EV-TECH LIMITED (MERCURYEV)?

Latest shareholding for MERCURY EV-TECH LIMITED (MERCURYEV) on Fincrux: Promoters 55.36% (Sep 2026), FIIs 0.57% (Sep 2026), Government 0.01% (Sep 2026), Public 44.05% (Sep 2026), No. of Shareholders 74,700% (Sep 2026).

Where can I find MERCURY EV-TECH LIMITED (MERCURYEV) financials?

MERCURY EV-TECH LIMITED (MERCURYEV) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show MERCURYEV balance sheet and cash flow?

Yes. The MERCURY EV-TECH LIMITED (MERCURYEV) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 23 October 2026 at 10:03