Mercury Ev-Tech share price
NSE: MERCURYEVBSE: 531357AutomobilesSmall Cap
Mercury Ev-Tech Limited · Face value ₹1 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Jan 1996 on BSE, Jun 2026 on NSE
Last close ₹33.49up ₹2.30 (7.37%)BSE ₹33.82
Share price at the NSE close on 27 Oct 2026. Previous close ₹31.19.
27 Oct: open ₹31.85, high ₹35.00, low ₹31.58
52-week range of BSE trades to 27 Oct 2026
₹20.00Low, 30 Mar 2026₹45.00High, 31 Oct 2025
- Next results date: the board meets on 31 Oct 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹636 Cr1,740th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- Earlier quarters restated in the year
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 2.29
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 0.7%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.09
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 1,83,12141.5% delivered
Results
Standalone, as consolidated accounts are on record for only 4 of the last ten years; ₹ crore.Mercury Ev-Tech quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +4.2%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- –
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹21 Crup 51.24%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹1.44 Crup 157.66%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 7.0%
Revenue by quarter
Peak revenue ₹31 Cr, quarter to Dec 2024; lowest ₹4.91 Cr, quarter to Jun 2025
Net profit by quarter, a loss in red
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 13.9 | 31.0 | 20.2 | 4.9 | 15.5 | 11.2 | 13.7 | 20.7 |
| Net profit | 0.9 | 4.0 | 1.1 | 0.4 | 1.2 | 0.8 | 0.6 | 1.4 |
| Net margin | 6.4% | 12.9% | 5.5% | 7.3% | 7.4% | 6.8% | 4.1% | 7.0% |
Standalone. The last eight quarters. The latest is shaded.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹45 Crdown 33.07%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹2.83 Crdown 55.66%
- Net margin
- 6.3%
Revenue by year
Peak revenue ₹68 Cr, year to Mar 2025; lowest ₹0.00 Cr, year to Mar 2020
Net profit by year, a loss in red
- Net profit
- Loss
A loss in 5 of the 10 years shown
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.2 | 0.7 | 0.8 | 0.0 | 1.1 | 1.2 | 13.4 | 19.2 | 67.6 | 45.3 |
| Net profit | −0.1 | −0.3 | −0.1 | −0.1 | −0.1 | 0.2 | 0.9 | 2.2 | 6.4 | 2.8 |
| Net margin | −84.7% | −38.5% | −14.6% | – | −7.7% | 19.5% | 6.6% | 11.4% | 9.4% | 6.3% |
Standalone. Years to March. The latest is shaded.
Business segments
In the year to Mar 2026 the company reports one business segment, Manufacturing of ev vehicle, which carries all its revenue.
Valuation
Today, against the company's own history. Not shown, P/E: a results filing in the last twelve months restated the quarters before it inside its year to date, so the four quarters as the company reported them do not add to a twelve-month profit; the ratio returns once the trailing year no longer holds a quarter from before the restatement. Dividend yield is not shown: no dividend in the years on record.Mercury Ev-Tech PE ratio and valuation
Price to book
At or below today's level on 31% of 247 trading days over the last year.
LowestHighest
Its median2.45Industry median4.83
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −65.7% | – | – | 0.0% |
| 3 years | +14.6% | +41.4% | −18.9% | 0.0% |
Longer windows are left empty: a corporate action or price step on 2022-08-05 that cannot be sized sits inside this window. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 3 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.
Promoter and insider buying and selling
Trades made since 28 Oct 2025.Mercury Ev-Tech insider trading
Bought on the marketBought on the market. The value each filer stated for its purchases on the exchange, added up; gifts, transfers and pledges are not counted. A purchase filed with no value is counted under the sum, not in it. Sold on the marketSold on the market. The value each filer stated for its sales on the exchange, added up; gifts, transfers and pledges are not counted. A sale filed with no value is counted under the sum, not in it.
- Promoters and promoter group0 purchases, 2 salesNo purchase₹0.72 CrNetNet. The value bought on the market less the value sold, over the trades whose filers stated a value.−₹0.72 Cr5 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
Mercury Ev-Tech competitors and peers
2/3 Wheelers, 13 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to Mercury Ev-Tech in market cap. 1 company in the table last traded before then: its row is priced on its last trade.Automobile companies
Mercury Ev-Tech is not on the chart: it has no P/E or return on equity today
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 Hero MotoCorpHEROMOTOCO | 1,04,444 | 19.17 | 4.83 | +25.6% | +8.2% | 26.7% | 29.2% | 3.55% |
 Ather EnergyATHERENERG | 66,391 | – | 15.49 | – | – | −6.7% | −6.5% | 0.00% |
 Ola Electric MobilityOLAELEC | 17,395 | – | – | −49.2% | – | −41.0% | −26.9% | 0.00% |
 Zelio E MobilityZELIO | 2,157 | 75.97 | 19.34 | – | – | 25.5% | – | 0.00% |
 Tunwal E-MotorsTUNWAL | 137 | 10.68 | 1.09 | +55.0% | +8.8% | 11.2% | – | 0.42% |
 Wardwizard Innovations & MobilityWARDINMOBI | 96 | – | 0.64 | −3.3% | – | – | 5.0% | 0.00% |
 Delta AutocorpDELTIC | 56 | 8.15 | 0.70 | – | – | 9.0% | – | 0.00% |
 Supertech EvSEVL | 37 | 10.48 | 0.74 | – | – | 7.0% | – | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Latest announcements
Routine notices left out.Mercury Ev-Tech announcements
Oct 2026
19 Oct · Board meeting
5 Oct · Management
5 Oct
5 Oct · Management
5 Oct · Board meeting
Mercury Ev-Tech share price by year
Each calendar year to 2025.Mercury Ev-Tech share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025BSE close | 37.01 | −58.9% | 96.78 | 36.99 |
| 2024BSE close | 90.04 | −24.3% | 132.60 | 66.28 |
| 2023BSE close | 118.88 | +897.3% | 136.96 | 11.00 |
| 2022BSE close | 11.92 | – | 12.05 | 3.42 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2022 is from its first session, 5 Aug 2022.
Recent sessions
The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 26 Oct 2026 | 31.75 | 32.55 | 29.75 | 31.19 | 31.07 | 1,36,607 | 54.8% |
| 23 Oct 2026 | 32.96 | 34.49 | 30.36 | 31.59 | 31.58 | 2,21,087 | 55.6% |
| 22 Oct 2026 | 35.00 | 35.00 | 32.95 | 33.66 | 33.57 | 2,35,021 | 53.0% |
| 21 Oct 2026 | 36.40 | 36.40 | 33.50 | 34.82 | 34.71 | 1,95,974 | 57.8% |
| 19 Oct 2026 | 35.98 | 37.14 | 35.80 | 36.11 | 36.09 | 70,727 | 64.8% |
| 16 Oct 2026 | 36.80 | 36.85 | 35.91 | 36.58 | 36.56 | 66,399 | 61.0% |
| 15 Oct 2026 | 36.74 | 37.02 | 35.98 | 36.14 | 36.23 | 74,027 | 57.4% |
| 14 Oct 2026 | 37.24 | 37.24 | 36.50 | 36.58 | 36.75 | 48,595 | 52.0% |
| 13 Oct 2026 | 37.19 | 37.56 | 36.00 | 36.53 | 36.64 | 52,884 | 50.8% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Open offer history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 5 Aug 2022 | Price move | – | Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown. |
| 27 May 2016 | Price move | – | Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown. |
Where an event has no factor that can be worked out, the chart leaves out the closes before it.
Company details
- NSE symbol
- MERCURYEV
- BSE code
- 531357
- ISIN
- INE763M01028
- Industry
- Automobiles
- Website
- www.mercuryevtech.com
- CIN
- L27109GJ1986PLC008770
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1986
- Registered office
- Block No. 28, National Highway No.8, Manglege, Vadodara 391243, Gujarat
- Share registrar
- Accurate Securities & Registry Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments