Mercury EV-Tech Ltd (MERCURYEV) — shareholding pattern, promoter holding, financials and share price
About Mercury EV-Tech Ltd (MERCURYEV)
Mercury EV-Tech Ltd operates in the Passenger Cars & Utility Vehicles industry, within the Automobile and Auto Components sector. It trades on the NSE as MERCURYEV and on the BSE under scrip code 531357. Its ISIN is INE763M01028.
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]
Mercury Capital Limited, previously known as Mercury Metals Limited, specializes in manufacturing electric vehicles, including scooters, cars, buses, and golf cars.
The company has a diverse portfolio, catering to various sectors such as hospitality, industry, golf courses, clubs, and resorts with its electric vehicles.
Listed peers in Passenger Cars & Utility Vehicles: Mahindra & Mahindra Ltd, Hyundai Motor India Ltd, Tata Motors Passenger Vehicles Ltd, Force Motors Ltd, Olectra Greentech Ltd, Hindustan Motors Ltd.
Valuation & Returns
10 Jul 2026At ₹35.58 a share on 10 Jul 2026, Mercury EV-Tech Ltd (MERCURYEV) was valued at a price-to-earnings ratio of 153.97x against an industry P/E of 12.68x and a price-to-book of 2.44x on a book value of ₹14.57 per share as of Mar 2025. Solomo computes return on equity of 1.59% and return on capital employed of 2.62% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 153.97x
- Industry P/E
- 12.68x
- P/B
- 2.44x
- EPS (TTM)
- ₹0.23
- Book value / share
- ₹14.57
- ROE
- 1.59%
- ROCE
- 2.62%
- ROA
- 1.31%
- Debt / equity
- 0.02x
- Dividend yield
- 0%
- EBITDA margin
- 10.82%
- 52-week range
- ₹20 – ₹59.4
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Mercury EV-Tech Ltd (MERCURYEV) reported revenue of ₹102 crore, net profit of ₹4 crore and earnings per share of ₹0.22. That compares with revenue of ₹89 crore and net profit of ₹8 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹20.21 crore and net profit ₹0.3 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 1 | 16 | 22 | 89 | 102 |
| Net profit (₹ cr) | 0 | 1 | 2 | 8 | 4 |
| EPS (₹) | 0.01 | 0.08 | 0.11 | 0.39 | 0.22 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 76.43% | - | 285.39% | 307.08% |
| Profit growth | - | - | 202.41% | 286.93% |
| Stock price CAGR | 59% | 122% | 14% | -31% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 59.18% of Mercury EV-Tech Ltd (MERCURYEV) (unchanged from the previous quarter), foreign institutional investors (FII) hold 1.7%. Market capitalisation was ₹676 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: HUF 3.02%, MOOLCHAND KIRAN KUMAR JAIN 2.59%, FORBES EMF 1.58%, SUMIT P DESAI (HUF) 1.53%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 59.18% | - | 1.7% | - | 40.82% |
| Mar 2026 | 59.18% | - | 2.44% | - | 40.82% |
| Dec 2025 | 59.18% | - | 2.68% | - | 40.82% |
| Sep 2025 | 59.18% | - | 1.9% | - | 40.82% |
| Jun 2025 | 59.18% | - | 1.9% | - | 40.82% |
| Mar 2025 | 59.18% | - | 1.92% | - | 40.82% |
| Dec 2024 | 59.18% | - | 1.69% | - | 40.82% |
| Sep 2024 | 62.1% | - | 0.16% | - | 37.9% |