Mercury EV-Tech Ltd
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]
- Market Cap ₹ 1,658 Cr.
- Current Price ₹ 87.3
- High / Low ₹ 139 / 64.3
- Stock P/E 582
- Book Value ₹ 4.53
- Dividend Yield 0.00 %
- ROCE 2.96 %
- ROE 3.05 %
- Face Value ₹ 1.00
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 19.2 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -2.92%
- Company might be capitalizing the interest cost
- Company has high debtors of 228 days.
- Working capital days have increased from 475 days to 893 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Automobile Industry: Automobiles - Passenger Cars
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|
1.18 | 16.10 | 22.02 | 33.50 | |
0.90 | 14.46 | 19.10 | 29.23 | |
Operating Profit | 0.28 | 1.64 | 2.92 | 4.27 |
OPM % | 23.73% | 10.19% | 13.26% | 12.75% |
0.04 | 0.05 | 0.50 | 0.40 | |
Interest | -0.00 | 0.02 | 0.21 | 0.22 |
Depreciation | -0.00 | 0.06 | 0.32 | 0.58 |
Profit before tax | 0.32 | 1.61 | 2.89 | 3.87 |
Tax % | 28.12% | 13.04% | 30.80% | |
0.23 | 1.39 | 1.99 | 2.85 | |
EPS in Rs | 0.01 | 0.08 | 0.11 | 0.16 |
Dividend Payout % | -0.00% | -0.00% | -0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 39% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 7% |
Stock Price CAGR | |
---|---|
10 Years: | 52% |
5 Years: | 202% |
3 Years: | 368% |
1 Year: | -20% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|
Equity Capital | 0.70 | 16.69 | 17.55 | 17.55 |
Reserves | 0.66 | 33.31 | 63.14 | 62.03 |
-0.00 | 22.93 | 55.54 | 74.56 | |
0.12 | 4.02 | 14.37 | 34.01 | |
Total Liabilities | 1.48 | 76.95 | 150.60 | 188.15 |
-0.00 | 33.33 | 36.54 | 38.66 | |
CWIP | -0.00 | 8.72 | 28.47 | 46.74 |
Investments | -0.00 | -0.00 | -0.00 | -0.00 |
1.48 | 34.90 | 85.59 | 102.75 | |
Total Assets | 1.48 | 76.95 | 150.60 | 188.15 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|
-0.36 | -14.08 | -14.61 | |
0.04 | -47.93 | -54.64 | |
-0.00 | 70.34 | 61.08 | |
Net Cash Flow | -0.32 | 8.33 | -8.16 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|
Debtor Days | -0.00 | 112.45 | 227.75 |
Inventory Days | -0.00 | 227.32 | 153.56 |
Days Payable | 90.56 | 176.62 | |
Cash Conversion Cycle | -0.00 | 249.21 | 204.69 |
Working Capital Days | 68.05 | 463.62 | 893.11 |
ROCE % | 4.35% | 2.96% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Jan - Certificate under Regulation 74(5) for Q4 2024.
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Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
6 Jan - Disclosure of preferential allotment of shares.
-
Announcement under Regulation 30 (LODR)-Acquisition
1 Jan - Mercury EV Tech acquires 69.84% stake in DC2 Mercury Cars.
-
Board Meeting Outcome for Outcome Of Board Meeting Held On 01.01.2025
1 Jan - Mercury EV Tech acquires 69.84% of DC2 Mercury Cars.
- Closure of Trading Window 27 Dec
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1]
METL manufactures and trades Electronic Vehicles, related auto parts and accessories and other renewable energies related materials