Mercury EV Tech Ltd Stock Price Today (NSE: MERCURYEV)
Fundamental Score
Mercury EV Tech Ltd Share Price Live NSE/BSE & Institutional Fundamental Analysis
Mercury EV Tech Ltd share price today is ₹37.22, up +0.00% on NSE/BSE as of 17 February 2026. Mercury EV Tech Ltd (MERCURYEV) is a Small-cap company in the Passenger Cars & Utility Vehicles sector with a market capitalisation of ₹759.70 (Cr). The 52-week high for MERCURYEV share price is ₹N/A and the 52-week low is ₹N/A. At a P/E ratio of 86.13x, MERCURYEV is currently trading above its industry average P/E of 34.48x. The company has a Return on Equity (ROE) of 4.18% and a debt-to-equity ratio of 0.03.
Mercury EV Tech Ltd Share Price Chart — NSE/BSE Historical Performance
Returns & Performance
ROE
ROCE
OPM (5Y)
Div Yield
Mercury EV Tech Ltd Valuation Check
P/E Ratio
Industry P/E
Market Cap
Growth Engine
Profit Growth (Q)
Sales Growth (Q)
Sales Growth (5Y)
EPS Growth (5Y)
Profit Growth (5Y)
Balance Sheet Health
Debt to Equity
Int. Coverage
Free Cash Flow (5Y)
Shareholding
Promoter
FII
DII
Pledged
Institutional Deep-Dive
Bull Run Research Hub
Mercury EV Tech Share Price: A Financial Stability Analysis
The Indian Passenger Cars & Utility Vehicles sector is currently witnessing a surge in electric vehicle adoption, driven by government incentives and growing consumer awareness. Understanding the financial stability of companies within this evolving landscape is crucial. This analysis focuses on the Mercury EV Tech share price, currently trading at ₹39.65999984741211, and its underlying financial metrics.
At first glance, Mercury EV Tech's Price-to-Earnings (PE) ratio of 86.13 appears significantly higher than the industry average, suggesting a potentially overvalued stock or high growth expectations priced in by the market. Comparing this to sector peers like
Hyundai Motor India Ltd, which typically exhibits stronger management quality and established operational efficiencies, reveals a disparity in investor confidence. Hyundai's experienced leadership often translates into better resource allocation and strategic execution, areas where Mercury EV Tech needs to demonstrate similar progress to justify its valuation.A critical area of concern is Mercury EV Tech's Return on Capital Employed (ROCE) of 5.16%. ROCE indicates how efficiently a company uses its capital to generate profits. A low ROCE, such as this, could hamper the company's ability to build a sustainable economic moat. An economic moat refers to a company's competitive advantages that protect it from competitors. A low ROCE makes it harder for Mercury EV Tech to reinvest profits effectively, innovate, and maintain a leading edge in the increasingly competitive EV market. This requires closer scrutiny of the company's operational strategies and capital allocation policies.
This observational analysis forms part of a more comprehensive 80-parameter fundamental audit verified by Sweta Mishra, aimed at providing a deeper understanding of Mercury EV Tech's financial health. The information presented is purely for informational purposes and should not be construed as investment advice. The intention is to offer a snapshot of the company’s financial standing based on publicly available data, focusing on key indicators like PE ratio and ROCE in relation to its sector peers.
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Mercury EV Tech Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of MERCURYEV across key market metrics for learning purposes.
Positive Indicators
5 factors identified
Strong Revenue Growth (74.59%)
Observation: Healthy sales growth indicates market demand and execution capability.
Analysis: Revenue growth >15% suggests strong market position and growth potential.
Conservative Debt Levels (D/E: 0.03)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Strong Interest Coverage (13.57x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Balanced Promoter Holding (59.18%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
5 factors identified
Below-Average Return on Equity (4.18%)
Observation: Returns on equity are below industry benchmarks.
Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.
Suboptimal ROCE (5.16%)
Observation: Returns on capital employed are below expectations.
Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.
Premium Valuation Risk (P/E: 86.13x)
Observation: High valuation multiples may limit upside potential.
Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.
Limited Institutional Interest (FII+DII: 1.90%)
Observation: Low institutional participation may affect liquidity.
Analysis: Limited institutional interest may indicate size constraints or visibility issues.
No Dividend Distribution
Observation: Company does not currently pay dividends to shareholders.
Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.
Mercury EV Tech Ltd Financial Statements
Comprehensive financial data for Mercury EV Tech Ltd including income statement, balance sheet and cash flow
About MERCURYEV (Mercury EV Tech Ltd)
Mercury EV Tech Ltd (MERCURYEV) is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) of India. The company operates in the Passenger Cars & Utility Vehicles sector with a current market capitalisation of ₹759.70 (Cr). Mercury EV Tech Ltd has delivered a Return on Equity (ROE) of 4.18% and a ROCE of 5.16%. The debt-to-equity ratio stands at 0.03, reflecting the company's capital structure. Investors tracking MERCURYEV share price can monitor key metrics including P/E ratio, promoter holding of 59.18%, and quarterly earnings growth.
Company Details
Key Leadership
Corporate Events
Latest News
MERCURYEV Share Price: Frequently Asked Questions
What is the current share price of Mercury EV Tech Ltd (MERCURYEV)?
As of 17 Feb 2026, 10:15 am IST, Mercury EV Tech Ltd share price is ₹37.22. The MERCURYEV stock has a market capitalisation of ₹759.70 (Cr) on NSE/BSE.
Is MERCURYEV share price Overvalued or Undervalued?
MERCURYEV share price is currently trading at a P/E ratio of 86.13x, compared to the industry average of 34.48x. Based on this relative valuation, the Mercury EV Tech Ltd stock appears to be Overvalued against its sector peers.
What is the 52-week high and low of MERCURYEV share price?
The 52-week high of MERCURYEV share price is ₹N/A and the 52-week low is ₹N/A.
What factors affect the Mercury EV Tech Ltd share price?
Key factors influencing MERCURYEV share price include quarterly earnings growth (Sales Growth: 74.59%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).
Is Mercury EV Tech Ltd a good stock for long-term investment?
Mercury EV Tech Ltd shows a 5-year Profit Growth of N/A% and an ROE of 4.18%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.03 before investing in MERCURYEV shares.
How does Mercury EV Tech Ltd compare with its industry peers?
Mercury EV Tech Ltd competes with major peers in the Passenger Cars & Utility Vehicles. Investors should compare MERCURYEV share price P/E of 86.13x and ROE of 4.18% against the industry averages to determine competitive standing.
What is the P/E ratio of MERCURYEV and what does it mean?
MERCURYEV share price has a P/E ratio of 86.13x compared to the industry average of 34.48x. Investors pay ₹86 for every ₹1 of annual earnings.
How is MERCURYEV performing according to Bull Run's analysis?
MERCURYEV has a Bull Run fundamental score of 26.5/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.
What sector and industry does MERCURYEV belong to?
MERCURYEV operates in the Passenger Cars & Utility Vehicles industry. This classification helps understand the competitive landscape and sector-specific trends affecting Mercury EV Tech Ltd share price.
What is Return on Equity (ROE) and why is it important for MERCURYEV?
MERCURYEV has an ROE of 4.18%, which suggests challenges in generating returns from shareholders equity. ROE measures how efficiently Mercury EV Tech Ltd generates profits from shareholders capital.
How is MERCURYEV debt-to-equity ratio and what does it indicate?
MERCURYEV has a debt-to-equity ratio of 0.03, which indicates conservative financing with low financial risk.
What is MERCURYEV dividend yield and is it a good dividend stock?
MERCURYEV offers a dividend yield of 0.00%, meaning you receive ₹0.00 annual dividend for every ₹100 invested in Mercury EV Tech Ltd shares.
How has MERCURYEV share price grown over the past 5 years?
MERCURYEV has achieved 5-year growth rates of: Sales Growth N/A%, Profit Growth N/A%, and EPS Growth N/A%.
What is the promoter holding in MERCURYEV and why does it matter?
Promoters hold 59.18% of MERCURYEV shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Mercury EV Tech Ltd.
What is MERCURYEV market capitalisation category?
MERCURYEV has a market capitalisation of ₹760 crores, placing it in the Small-cap category.
How volatile is MERCURYEV stock?
MERCURYEV has a beta of N/A. A beta > 1 suggests the Mercury EV Tech Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.
What is MERCURYEV operating profit margin trend?
MERCURYEV has a 5-year average Operating Profit Margin (OPM) of N/A%, indicating the company's operational efficiency.
How is MERCURYEV quarterly performance?
Recent quarterly performance shows Mercury EV Tech Ltd YoY Sales Growth of 74.59% and YoY Profit Growth of 7.50%.
What is the institutional holding pattern in MERCURYEV?
MERCURYEV has FII holding of 1.90% and DII holding of 0.00%. Significant institutional holding often suggests professional confidence in the Mercury EV Tech Ltd stock.