Is Mercury Ev-Tech a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Mercury Ev-Tech Ltd is a below average quality company .

Is Mercury Ev-Tech undervalued or overvalued?

The key valuation ratios of Mercury Ev-Tech Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Mercury Ev-Tech share price return in the past 10 years?

Mercury Ev-Tech Ltd share price has appreciated 57.4% annually (CAGR) over the past ten years.

Is Mercury Ev-Tech a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Mercury Ev-Tech Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the P/E ratio of Mercury Ev-Tech?

The latest standalone P/E ratio of Mercury Ev-Tech as of 01-Nov-2024 is 0.00.

What is the P/B ratio of Mercury Ev-Tech?

The latest standalone P/B ratio of Mercury Ev-Tech as of 01-Nov-2024 is 25.32.

What is the 52-week high and low of Mercury Ev-Tech?

The 52-week high of Mercury Ev-Tech is Rs. 143.80 and the 52-week low is Rs. 46.10.

Mercury Ev-Tech Ltd - Stock Valuation and Financial Performance

Name: Mercury Ev-Tech
Brand: Mercury Ev-Tech

BSE: 531357 | NSE: | Automobiles - Passenger Cars | Small Cap

Place order

Mercury Metals Share Price

₹116.60 5.55 5.00%
as on 01-Nov'24 18:59

10 Year X-Ray of Mercury Metals:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	-53%	0.9%	-3.7%	-3.1%	-15.7%	-8.6%	-10.6%	-7.6%	25.6%	3%	-
Value Creation Index ⓘ	NA	-0.9	-1.3	-1.2	-2.1	-1.6	-1.8	-1.5	0.8	-0.8	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	0.5	0.8	0.4	0.2	0.7	0.8	0	1.2	1.2	13.4	15
Sales YoY Gr.	-	60.4%	-46.8%	-63.4%	353.3%	22.1%	-100%	NA	2.6%	1,037.3%	-
Adj EPS ⓘ	-0.4	0	-0.1	-0	-0.1	-0.1	-0.1	-0.1	0.1	0.1	0.1
YoY Gr.	-	NA	-700%	NA	NA	NA	NA	NA	NA	-58.3%	-
BVPS (₹) ⓘ	-0.8	1.3	1.5	1	0.8	0.7	0.6	0.6	0.7	3	4.6
Adj Net Profit ⓘ	-0.7	0	-0.1	-0.1	-0.2	-0.1	-0.1	-0.1	0.2	0.9	2
Cash Flow from Ops. ⓘ	0	0	0	0	-0.2	0	0	1	-0.4	-14.8	-
Debt/CF from Ops. ⓘ	-737.6	0	0	0	0	0	0	0	0	-1.5	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	44.8%	81.6%	NA	1037.3%
Adj EPS ⓘ	NA	NA	NA	-58.3%
BVPSⓘ	NA	31.7%	68.6%	324.3%
Share Price	57.4%	221.4%	424.1%	150%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	145358.8	2.2	-3.7	-3.1	-12	-8.6	-10.1	-7.6	18.7	3.4	2.9
Op. Profit Mgn % ⓘ	-11.3	2	-26.8	-48.3	-25.7	-14.6	0	-10.5	23.3	8.4	18.3
Net Profit Mgn % ⓘ	-139.4	2.7	-26.5	-48.3	-29.5	-14.6	0	-7.7	19.5	6.4	12.5
Debt to Equity ⓘ	-3.8	0	0	0	0	0	0	0	0	0.5	-
Working Cap Days ⓘ	2,818	1,265	2,316	4,951	875	673	0	197	121	770	715
Cash Conv. Cycle ⓘ	2,774	940	1,159	1,807	138	141	0	21	0	123	611

Recent Performance Summary

Sales growth is good in last 4 quarters at 13.56%

Return on Equity has declined versus last 3 years average to 2.90%

Sales growth has been subdued in last 3 years 0.00%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Mercury Ev-Tech Ltd.

	Standalone	Consolidated
TTM EPS (₹)	0.1	0.1
TTM Sales (₹ Cr.)	15.4	19.6
BVPS (₹.) ⓘ	4.6	4.6
Reserves (₹ Cr.) ⓘ	63	64
P/BV ⓘ	25.32	25.21
PE ⓘ	0.00	0.00

From the Market
52 Week Low / High (₹)	46.10 / 143.80
All Time Low / High (₹)	0.33 / 143.80
Market Cap (₹ Cr.)	2,047
Equity (₹ Cr.)	17.6
Face Value (₹)	1
Industry PE ⓘ	29.4

Management X-Ray of Mercury Metals:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Mercury Metals

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

This is a premium feature, Please click here to check our solutions.

Key Ratios of Mercury Metals

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	0	1	0	0	1	1	0	1	1	13
Operating Expenses ⓘ	1	1	1	0	1	1	0	1	1	12
Manufacturing Costs	0	0	0	0	0	0	0	0	0	1
Material Costs	0	1	0	0	1	1	0	1	1	10
Employee Cost	0	0	0	0	0	0	0	0	0	0
Other Costs ⓘ	0	0	0	0	0	0	0	0	0	1
Operating Profit ⓘ	0	0	0	0	0	0	0	0	0	1
Operating Profit Margin (%)	-11.3%	2.0%	-26.8%	-48.2%	-38.6%	-14.6%	-	-10.5%	23.3%	8.4%
Other Income ⓘ	0	0	0	0	0	0	0	0	0	0
Interest ⓘ	0	0	0	0	0	0	0	0	0	0
Depreciation ⓘ	0	0	0	0	0	0	0	0	0	0
Exceptional Items ⓘ	-2	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	-2	0	0	0	0	0	0	0	0	1
Tax ⓘ	0	0	0	0	0	0	0	0	0	0
Profit After Tax	-2	0	0	0	0	0	0	0	0	1
PAT Margin (%)	-438.0%	2.7%	-26.5%	-48.2%	-38.6%	-14.6%	-	-7.7%	19.5%	6.6%
Adjusted EPS (₹)	-1.1	0.0	-0.1	0.0	-0.1	-0.1	-0.1	-0.1	0.1	0.1
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	-1	3	3	2	1	1	1	1	1	50
Share Capital ⓘ	7	7	1	1	1	1	1	1	1	17
Reserves ⓘ	-9	-5	2	1	1	1	1	0	1	33
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	4	0	0	0	0	0	0	0	0	22
Long Term Debt	4	0	0	0	0	0	0	0	0	22
Short Term Debt	0	0	0	0	0	0	0	0	0	0
Trade Payables	0	0	0	0	0	0	0	0	0	3
Others Liabilities ⓘ	0	0	0	0	0	0	0	0	0	1
Total Liabilities ⓘ	3	3	3	2	2	1	1	1	1	76
Fixed Assets
Gross Block	0	0	0	0	0	0	0	0	0	2
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0
Net Fixed Assetsⓘ	0	0	0	0	0	0	0	0	0	2
CWIP ⓘ	0	0	0	0	0	0	0	0	0	9
Investmentsⓘ	0	0	0	0	0	0	0	0	0	0
Inventories	1	1	1	0	0	0	0	0	0	6
Trade Receivables	1	0	0	0	1	0	0	0	0	6
Cash Equivalents	0	0	0	0	0	0	0	1	1	9
Others Assetsⓘ	0	1	1	1	1	1	1	0	1	43
Total Assets ⓘ	3	3	3	2	2	1	1	1	1	76

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'18	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	0	0	0	1	0	-15
PBT ⓘ	0	0	0	0	0	1
Adjustment ⓘ	-2	0	0	0	0	0
Changes in Working Capital ⓘ	2	-0	-0	1	-1	-16
Tax Paid ⓘ	0	0	0	0	0	0
Cash Flow From Investing Activity ⓘ	0	0	0	0	0	-46
Capex	0	0	0	0	0	-11
Net Investments	0	0	0	0	0	0
Others ⓘ	0	0	0	0	0	-36
Cash Flow From Financing Activityⓘ	0	0	0	0	0	69
Net Proceeds from Shares ⓘ	0	0	0	0	0	47
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	22
Interest Paid ⓘ	0	0	0	0	0	0
Dividend Paid ⓘ	0	0	0	0	0	0
Others ⓘ	0	0	0	0	0	0
Net Cash Flow ⓘ	0	0	0	1	0	8

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	N/A	4.81	-4.1	-3.06	-15.72	-8.61	-10.14	-7.56	18.68	3.45
ROCE (%)	N/A	0.88	-3.74	-3.06	-15.72	-8.61	-10.55	-7.56	25.55	3.03
Asset Turnover Ratio	0.12	0.26	0.14	0.06	0.36	0.52	0	0.98	0.91	0.35
PAT to CFO Conversion(x)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-15
Working Capital Days
Receivable Days	1,877	381	0	268	212	206	0	0	0	176
Inventory Days	928	580	1,094	1,771	0	0	0	0	0	163
Payable Days	66	0	0	430	103	70	0	0	0	107

Mercury Ev-Tech Ltd Stock News

Mercury Ev-Tech Ltd FAQs

What is the share price of Mercury Metals?

Company share prices are keep on changing according to the market conditions. The closing price of Mercury Metals on 01-Nov-2024 18:59 is ₹116.6.

What is the market cap of Mercury Metals?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Nov-2024 18:59 the market cap of Mercury Metals stood at ₹2,046.9.

What is the P/E ratio of Mercury Metals?

The latest P/E ratio of Mercury Metals as of 01-Nov-2024 18:59 is 0.00.

What is the P/B ratio of Mercury Metals?

The latest P/B ratio of Mercury Metals as of 01-Nov-2024 18:59 is 25.32.

What is the 52-week high and low of Mercury Metals?

The 52-week high of Mercury Metals is ₹143.8 and the 52-week low is ₹46.10.

What is the TTM revenue of Mercury Metals?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Mercury Metals is ₹15.41 ( Cr.) .

About Mercury Ev-Tech Ltd

The company was originally incorporated as a “Mercury Metals Private Limited” on July 4, 1986 under the provisions of Companies Act, 1956 with Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Subsequently on February 17, 1995 the name of the Company was changed from “Mercury Metals Private Limited” to “Mercury Capital Limited”. Further, on January 10, 1997, the name of the Company was changed from “Mercury Capital Limited” to “Mercury Metals Limited” and a fresh Certificate of Incorporation issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli

The company was engaged in the trading of Metal till the Financial Year 2021-22. During the FY 2021-22, the existing management of the Company took over the promoter, promoter group holding along with management control of the Company after due compliance of applicable regulations of the SEBI Takeover Code. The new management decided to commence the business of Electronic Vehicle and ancillary business and necessary enabling main object was carried out with alteration in Main Object Clause in Memorandum of Association of the Company with the approval of shareholders.

The company is now engaged in manufacturing of electronic vehicles. The company introduce range of EV (electric vehicles) with the view to save the environment and conserve natural resources. The company’s flagship brand Thunderbolt has a huge product range with different models. It is the listed entity with a core segment of EV manufacturing. Catering to the age group of 18 to 60 years.

The company started its Research and Development (R&D) Division for 3W, 4W and also for the 2W at Gujarat Industrial area at Vadodara, Gujarat. At this facility, the company started development of key component like Chassis of the 2 Wheeler and 3 Wheeler. The Company has received certificate from International Centre for Automotive Technology (ICAT) for 2W segment and also applied for World Manufacturer Identifier (WMI) which is likely to be confirmed by mid of July 2022 for all its upcoming vehicles.

Moreover, the Company has started manufacturing of Chassis for captive consumption as well as the Company has received inquiries for manufacturing of chassis for established companies like Hero, Lords Automotive Private Limited, Blix Electric Scooters, Joy Bikes etc. The company has planned to manufacture 5000 chassis per month. The company at advance stage to acquired 80% stake in one of the company which is having ICAT approval for manufacturing of Motor Controller. The Company will start the documentation and production very shortly.

Business area of the company

The company is pioneer in the manufacturing of Electric Scooter, Electric Car, Electric Bus, Electric Vintage car, Electric Golf Car and Electric Vehicles in India. The company develops custom electric vehicles for a wide range of applications for the hospitality, industry, golf courses, Club and Resorts etc.