Mercury Ev-Tech Ltd531357Corporate

Passenger Cars & Utility Vehicles Latest results: Jun 2026 14 quarters of data

₹39.10

MCap ₹743 Cr · P/E 189.9

Mercury Ev-Tech Ltd — Stock analysis & AI research Mercury Ev-Tech Ltd — Live exchange announcements

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₹21 Cr

Sales · Jun 2026

+320.9% YoY

₹3 Cr

Operating Profit · Jun 2026

+894.7% YoY

14.9%

OPM % · Jun 2026

+136.5% YoY

₹1 Cr

Net Profit · Jun 2026

+300.3% YoY

₹0.08

EPS · Jun 2026

+280.0% YoY

📝 Mercury Ev-Tech Ltd — results explained

Quarter ended June 2026 (Q1 FY27)

Mercury Ev-Tech Ltd reported revenue of ₹21 crore for the quarter ended June 2026 (Q1 FY27), up 320.9% from ₹5 crore in the same quarter last year, and up 51.2% sequentially over the March 2026 quarter.

Net profit rose 300.3% year-on-year to ₹1 crore, from ₹0 crore. Earnings per share (EPS) came in at ₹0.08.

Operating profit stood at ₹3 crore — an operating margin (OPM) of 14.9%, compared with 6.3% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Mercury Ev-Tech Ltd posted revenue of ₹45 crore, a decline of 33.1% over FY25, with a net profit of ₹3 crore (down 55.7% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹61 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 189.9.

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.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close

Valuation

Market Cap ?

₹743 Cr

Current Price ?

₹39.1

P/E ?

189.92above ind

Industry P/E ?

156.70

P/B ?

2.64

P/S ?

12.17

P/FCF ?

-16.42

Enterprise Value ?

₹745 Cr

EV/EBITDA ?

144.04

PEG ?

3.96

Earnings Yield ?

0.2%

Dividend Yield ?

0.00%

Profitability & Returns

Sales (TTM) ?

₹61 Cr

OPM ?

8.5%

Profit after tax (TTM) ?

₹4 Cr

EPS (TTM) ?

₹0.21

ROCE ?

4.6%

ROE ?

1.4%

ROA ?

1.3%

Growth

Sales — latest qtr ?

₹21 Cr

PAT — latest qtr ?

₹1 Cr

YoY qtr sales growth ?

320.9%

YoY qtr profit growth ?

300.3%

Sales growth (3y) ?

52%

Sales growth (5y) ?

108%

Profit growth (3y) ?

48%

Profit growth (5y) ?

102%

Financial Health

Debt ?

₹2 Cr

Debt to Equity ?

0.01

Interest Coverage ?

-1.4

Current Ratio ?

N/A

Ownership

Promoter holding ?

59.18%

Change in promoter holding ?

0.01%

Pledged percentage ?

N/A

Market

Return 3 months ?

19.8%

Return 6 months ?

29.9%

🗓️ Quarterly results (14 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best Highlight

Metric	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	YoY %	QoQ %
Sales	7	6	4	4	5	3	14	31	20	5	15	11	14	21	+320.9%	+51.2%
Operating Profit	-9	1	1	1	1	1	1	6	1	0	2	2	-2	3	+894.7%	+286.9%
Other Income	10	0	0	0	0	0	0	0	1	0	1	0	4	0	-96.8%	-99.7%
Interest	0	0	0	0	-0	0	0	0	0	0	0	0	0	1	+5636.0%	+139.0%
Depreciation	0	0	0	0	0	0	0	0	0	0	1	1	1	1	+290.8%	-11.8%
Profit Before Tax	1	1	1	1	1	1	1	5	1	0	2	1	1	2	+254.6%	+45.5%
Net Profit	0	1	1	0	1	0	1	4	1	0	1	1	1	1	+300.3%	+157.3%
EPS	0.03	0.04	0.04	0.02	0.03	0.02	0.05	0.21	0.06	0.02	0.06	0.04	0.03	0.08	+280.0%	+153.3%
OPM %	-138.1%	15.1%	14.5%	19.6%	15.0%	28.7%	7.9%	18.3%	2.8%	6.3%	11.9%	16.9%	-12.1%	14.9%	+136.5%	+223.1%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric	FY25	FY26	TTM	YoY %
Sales	₹68 Cr	₹45 Cr	₹61 Cr	-33.1%
Operating Profit	₹8 Cr	₹2 Cr	₹5 Cr	-70.3%
OPM %	11.96%	5.30%	8.48%	-55.7%
NPM %	9.45%	6.25%	6.41%	-33.9%
Other Income	₹1 Cr	₹5 Cr	₹5 Cr	+254.2%
Depreciation	₹1 Cr	₹3 Cr	₹3 Cr	+408.9%
Interest	₹1 Cr	₹0 Cr	₹1 Cr	-49.2%
EBIT	₹8 Cr	₹-0 Cr	₹2 Cr	-106.0%
PBT	₹8 Cr	₹4 Cr	₹5 Cr	-48.8%
Tax	—	—	₹0 Cr	—
Net Profit	₹6 Cr	₹3 Cr	₹4 Cr	-55.7%
EPS	₹0.34	₹0.15	₹0.21	-55.9%
Material Cost	—	—	₹15 Cr	—
Employee Cost	—	—	₹1 Cr	—
Extraordinary Items	—	—	—	—

🏛️ Balance Sheet (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Sep 2025	% Chg
Equity Capital	16.69	17.55	19.00	19.00	+0.0%
Reserves	32.95	62.88	261.08	262.59	+0.6%
Borrowings	22.30	25.09	2.45	2.45	+0.0%
Other Liabilities	3.76	10.54	13.97	23.02	+64.8%
Total Liabilities	75.70	116.06	296.50	307.06	+3.6%
Fixed Assets	2.11	5.23	7.03	54.70	+678.1%
CWIP	8.72	43.22	55.05	10.31	-81.3%
Investments	0.02	0.02	3.04	3.04	+0.0%
Other Assets	64.85	67.59	231.38	239.01	+3.3%
Total Assets	75.70	116.06	296.50	307.06	+3.6%

💧 Cash Flow (latest 4 periods)

Metric	Mar 2022	Mar 2023	Mar 2024	Mar 2025	% Chg
Cash from Operating Activity	-0.36	-14.81	-14.53	-31.62	-117.6%
Cash from Investing Activity	0.04	-46.38	-24.85	-133.46	-437.1%
Cash from Financing Activity	0.00	69.42	31.27	170.09	+443.9%
Net Cash Flow	-0.32	8.22	-8.11	5.00	+161.7%
Free Cash Flow	-0.36	-25.64	-37.40	-45.25	-21.0%
CFO/OP	-129%	-2,356%	-473%	-385%	+18.6%

➗ Ratios (latest 4 periods)

Metric	Mar 2022	Mar 2023	Mar 2024	Mar 2025	% Chg
Debtor Days	0.00	182.92	255.39	177.27	-30.6%
Inventory Days	0.00	218.71	128.57	85.44	-33.5%
Days Payable	—	106.99	147.70	73.21	-50.4%
Cash Conversion Cycle	0.00	294.64	236.26	189.50	-19.8%
Working Capital Days	68.05	1,423.30	998.71	864.96	-13.4%
ROCE %	25.81%	3.00%	3.71%	4.61%	+24.3%

👥 Shareholding (latest 4 periods)

Metric	Sep 2025	Dec 2025	Mar 2026	Jun 2026	% Chg
Promoters	59.17%	59.17%	59.17%	59.18%	+0.0%
FIIs	1.90%	2.68%	2.44%	1.70%	-30.3%
Government	0.01%	0.01%	0.01%	0.01%	+0.0%
Public	38.92%	38.14%	38.37%	39.11%	+1.9%
No. of Shareholders	75,707	75,914	76,425	77,281	+1.1%

⚖️ Peer comparison

Industry: Passenger Cars & Utility Vehicles · 2 companies · full page →

#	Company	CMP	MCap (Cr)	P/E	Sales TTM	NP TTM	OPM%	NPM%	Sales YoY%	NP YoY%	Qtr Rev Δ%	Qtr NP Δ%
1	MERCURYEV Mercury Ev-Tech	₹39.90	758	164.0	113	4	5.6%	4.0%	—	—	47.9%	22.7%
2	531357 Mercury Ev-Tech	₹37.17	706	152.8	113	4	5.6%	4.0%	13.9%	-47.2%	47.9%	22.7%

❓ Frequently asked questions

What was Mercury Ev-Tech Ltd's revenue in Q1 FY27?

What was Mercury Ev-Tech Ltd's net profit in Q1 FY27?