📝 Mercury Ev-Tech Ltd — results explained
Quarter ended June 2026 (Q1 FY27)
Mercury Ev-Tech Ltd reported revenue of ₹33 crore for the quarter ended June 2026 (Q1 FY27), up 47.9% from ₹23 crore in the same quarter last year, and up 65.2% sequentially over the March 2026 quarter.
Net profit rose 22.7% year-on-year to ₹2 crore, from ₹1 crore. Earnings per share (EPS) came in at ₹0.09.
Operating profit stood at ₹3 crore — an operating margin (OPM) of 9.8%, compared with 9.4% in the year-ago quarter.
Full year and trailing twelve months
For the full year FY26, Mercury Ev-Tech Ltd posted revenue of ₹102 crore, a growth of 13.9% over FY25, with a net profit of ₹4 crore (down 47.2% year-on-year).
On a trailing-twelve-month (TTM) basis, revenue stands at ₹113 crore with a net profit of ₹4 crore.
Valuation snapshot
At the current price of ₹39.10, 531357 has a market capitalisation of ₹743 crore and a trailing P/E of about 166.2.
Within the Passenger Cars & Utility Vehicles industry, it is the 2nd-largest of the 2 companies we track by market value.
Shareholding pattern
As of Jun 2026, promoters held 59.18%, foreign institutional investors (FIIs) 1.70%, the government 0.01%, public shareholders 39.11% of Mercury Ev-Tech Ltd.