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Mercury EV-Tech

  • Market Cap: Small Cap
  • Industry: Trading
  • ISIN: INE763M01028
  • NSEID:
  • BSEID: 531357
INR
57.45
1.77 (3.18%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 66.67 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

66.67 k (-37.56%) Volume

Shareholding (Dec 2024)

FII

1.69%

Held by 6 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

59.18%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Low ability to service debt as the company has a high Debt to EBITDA ratio of 17.16 times

  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 17.16 times
  • The company has been able to generate a Return on Equity (avg) of 3.58% signifying low profitability per unit of shareholders funds
2

Stock is technically in a Bearish range

3

With ROCE of 2.4, it has a Very Expensive valuation with a 7.4 Enterprise value to Capital Employed

4

Despite the size of the company, domestic mutual funds hold only 0% of the company

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Trading

stock-summary
Market cap

INR 1,091 Cr (Small Cap)

stock-summary
P/E

160.00

stock-summary
Industry P/E

22

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.92

stock-summary
Return on Equity

3.58%

stock-summary
Price to Book

13.29

Revenue and Profits (1 Year):
Net Sales:
36 Cr
(Quarterly Results - Dec 2024)
Net Profit:
4 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-50.9%
0%
-50.9%
1 Year
-35.54%
0%
-35.54%
2 Years
233.62%
0%
233.62%
3 Years
0%
0%
0.0%
4 Years
0%
0%
0.0%
5 Years
0%
0%
0.0%

Mercury EV-Tech for the last several years.

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
121.19%
EBIT Growth (5y)
54.42%
EBIT to Interest (avg)
4.31
Debt to EBITDA (avg)
10.65
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.15
Tax Ratio
25.90%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
1.69%
ROCE (avg)
-1.95%
ROE (avg)
3.58%
Valuation key factors
Factor
Value
P/E Ratio
160
Industry P/E
22
Price to Book Value
13.29
EV to EBIT
129.52
EV to EBITDA
120.93
EV to Capital Employed
7.41
EV to Sales
17.52
PEG Ratio
1.28
Dividend Yield
NA
ROCE (Latest)
2.41%
ROE (Latest)
3.58%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
Bearish
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 6 FIIs (1.69%)

Promoter with highest holding

Shree Saibaba Exim Private Limited (22.63%)

Highest Public shareholder

Sumit P Desai (huf) (1.79%)

Individual Investors Holdings

28.29%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 82.75% vs 403.36% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 167.50% vs 226.53% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "35.60",
          "val2": "19.48",
          "chgp": "82.75%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "6.07",
          "val2": "2.02",
          "chgp": "200.50%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.31",
          "val2": "0.08",
          "chgp": "287.50%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "4.28",
          "val2": "1.60",
          "chgp": "167.50%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "17.05%",
          "val2": "10.37%",
          "chgp": "6.68%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 96.71% vs 146.78% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 55.22% vs 1,575.00% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "23.35",
          "val2": "11.87",
          "chgp": "96.71%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "2.92",
          "val2": "1.56",
          "chgp": "87.18%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.16",
          "val2": "0.14",
          "chgp": "14.29%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "2.08",
          "val2": "1.34",
          "chgp": "55.22%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "12.51%",
          "val2": "13.14%",
          "chgp": "-0.63%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 258.36% vs 80.57% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 240.11% vs 70.00% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "58.95",
          "val2": "16.45",
          "chgp": "258.36%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "8.99",
          "val2": "2.53",
          "chgp": "255.34%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.47",
          "val2": "0.26",
          "chgp": "80.77%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "6.36",
          "val2": "1.87",
          "chgp": "240.11%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "15.25%",
          "val2": "15.38%",
          "chgp": "-0.13%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 36.77% vs 1,264.41% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 43.17% vs 504.35% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "22.02",
          "val2": "16.10",
          "chgp": "36.77%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "2.91",
          "val2": "1.64",
          "chgp": "77.44%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.21",
          "val2": "0.02",
          "chgp": "950.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "1.99",
          "val2": "1.39",
          "chgp": "43.17%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "13.22%",
          "val2": "10.19%",
          "chgp": "3.03%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
35.60
19.48
82.75%
Operating Profit (PBDIT) excl Other Income
6.07
2.02
200.50%
Interest
0.31
0.08
287.50%
Exceptional Items
0.00
0.00
Consolidate Net Profit
4.28
1.60
167.50%
Operating Profit Margin (Excl OI)
17.05%
10.37%
6.68%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 82.75% vs 403.36% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is 167.50% vs 226.53% in Sep 2024

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
23.35
11.87
96.71%
Operating Profit (PBDIT) excl Other Income
2.92
1.56
87.18%
Interest
0.16
0.14
14.29%
Exceptional Items
0.00
0.00
Consolidate Net Profit
2.08
1.34
55.22%
Operating Profit Margin (Excl OI)
12.51%
13.14%
-0.63%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 96.71% vs 146.78% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 55.22% vs 1,575.00% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
58.95
16.45
258.36%
Operating Profit (PBDIT) excl Other Income
8.99
2.53
255.34%
Interest
0.47
0.26
80.77%
Exceptional Items
0.00
0.00
Consolidate Net Profit
6.36
1.87
240.11%
Operating Profit Margin (Excl OI)
15.25%
15.38%
-0.13%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 258.36% vs 80.57% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 240.11% vs 70.00% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
22.02
16.10
36.77%
Operating Profit (PBDIT) excl Other Income
2.91
1.64
77.44%
Interest
0.21
0.02
950.00%
Exceptional Items
0.00
0.00
Consolidate Net Profit
1.99
1.39
43.17%
Operating Profit Margin (Excl OI)
13.22%
10.19%
3.03%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 36.77% vs 1,264.41% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 43.17% vs 504.35% in Mar 2023

stock-summaryCompany CV
About Mercury EV-Tech Ltd stock-summary
stock-summary
Mercury EV-Tech Ltd
Small Cap
Trading
Mercury Capital Limited(Formerly known as Mercury Metals Limited), was incorporated on July 4, 1986. The Company became a deemed public limited company with effect from February 9, 1994 and finally, the name of the company was changed to Mercury Capital Limited. The company is pioneer in the manufacturing of Electric Scooter, Electric Car, Electric Bus, Electric Vintage car, Electric Golf Car and Electric Vehicles in India.
Company Coordinates stock-summary
Company Details
36 Advani Market, O/s Delhi Gate Shahibaug Ahmedabad Gujarat : 380004
stock-summary
Tel: 91-79-65425275
stock-summary
mcsstaahmd@gmail.com
Registrar Details
MCS Ltd , 101 Shatdal Complex , 1st Floor, Opp. Bata Show Room, Ashram Road, Ahmedabad