अApnaFunda

MERCURY EV-TECH LTD (MERCURYEV)

Distribution Services · Wholesale Distributors · figures to Nov '26

Quality scoreHow the business itself ranks against its sector peers on profitability, 3-year growth and leverage. 50 is the middle of the sector.72 / 100
Profitability 44Balance sheet 100

Newly listed or thinly covered: fundamentals appear here once there is enough reported history. Prices and market cap are up to date.

Share price

Closing priceAdjusted for splits and bonus issues.

₹29.85 latest close · −15.5% over the last 90 sessions

₹30₹35₹40Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹30₹35₹40Jul 3Sep 4Nov 9

How rough has the ride been?

Maximum drawdown-28.9%not yet recovered
Volume spikes10last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−10%−20%−30%−28.7% 0%−10%−20%−30%−28.7%
Largest drawdowns

-28.9% (2026-09 peak to 2026-11 low, not yet recovered)

Most recent volume spikes

2026-09-17: 10.3x the 50-day median, price +4.5% that day

2026-09-16: 7.9x the 50-day median, price -4.4% that day

2026-09-15: 8.6x the 50-day median, price -2.4% that day

Where does it rank among Distribution Services peers?

Each cell is the company's percentile rank among its Distribution Services peers (non-financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).

Where it ranks today

  • ROCE22nd
  • Op. margin66th
  • Debt/equity ↓78th
  • Cash cycle ↓9th
  • P/E ↓8th

Rank history

ROCE
Op. margin
Debt/equity ↓
Cash cycle ↓
P/E ↓
Dec '21Jul '22Jan '23Jul '23Jan '24Jul '24Jan '25Jul '25Jan '26Jul '26Nov '26
Lower rank Higher rank Not enough data

Percentiles use today's listed companies in the sector and need at least 5 peers with a value; grey cells have too few.
ROE is computed from net profit and book value where the source does not report it.

The Distribution Services sector page Watch it move against Distribution Services in the Observatory

What is the price implying?

~44%annual earnings growth implied by the price

At a P/E of 181.5x, the price would imply about 43.7%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.

Fewer than six years of annual earnings are available, which is too little to measure delivered growth.

“Implied growth” is what the current price would require under our stated assumptions, not what we expect.

What prices imply across Distribution Services The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹29.85
P/E
119.4x
ROCE
3.0%
Market Cap
₹567 cr
Revenue (TTM)
₹113 cr
P/S
5.0x
P/B
2.0x
ROE
1.7%
Operating Margin
9.8%
Debt / Equity
0.1x
Promoter Holding
59.2%

Balance sheet & cash

Interest cover
operating profit ÷ interest
5.5x
Cash from profit, 3Y
operating cash flow ÷ net profit
-2.00x
low

Are profits backed by cash?

1 of 4checks within range3 beyond a threshold
Other income reliance90%Beyond threshold

Other income as a share of pre-tax profit (trailing twelve months): 90.2%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate—Not enough data

Not enough reported data to compute this.

Cash conversion-6.50xBeyond threshold

Operating cash flow divided by net profit over the last three fiscal years: -6.50x (cash from operations ₹-91 cr, net profit ₹14 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.

Free cash flow0 of 5 yrsBeyond threshold

Fiscal years with positive free cash flow in the last 5: 0. Bands: at least 80% of years, 40% to 80%, below 40%.

Receivable days vs history—Not enough data

Not enough reported data to compute this.

Capital work in progress34% of fixed assetsWithin range

Capital work-in-progress is 34% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days—Not enough data

Not enough reported data to compute this.

Tap a check to see how it is measured

How to read this

Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.

All terms explained in the glossary →

What changed?

3 events since Sep '26

  1. NovPriceFell 29% from the Sep 2026 peak to the Nov 2026 low.
  2. SepPeer rankMoved into the 2nd quartile of Distribution Services on operating margin (from the bottom quartile).
  3. SepPriceVolume reached 33.6x its 50-day median on 2026-09-07; price +1.8% that day.

Events are generated from the data by fixed rules.
The month shown is when the change became visible in the reported figures, assuming a 60-day lag after each quarter end; it is not an announcement date.

Where price and fundamentals disagree, market-wide Rewind the whole market to any month

Monthly history6 months · 2026-06 to 2026-11
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-11119.4x₹113 cr1.7%3.0%0.1x
2026-10126.8x₹113 cr1.7%3.0%0.1x
2026-09152.7x₹113 cr1.7%3.0%0.1x
2026-08169.4x₹102 cr1.6%3.0%0.1x
2026-07152.6x₹102 cr1.6%3.0%0.1x
2026-06144.8x₹102 cr1.6%3.0%0.1x

Methodology and data notes

Methodology

Methodology and data notes

All figures come from public exchange prices and screener.in financial statements. Quarterly and annual results are shown from 60 days after the period end, so a month never uses a result before it would plausibly have been published. Statements are the latest versions, which may include later restatements.

Sector medians, percentiles and indices use today's listed companies in the sector (survivorship bias). Prices are adjusted for splits and bonus issues; around a corporate action the fundamentals may lag the price by up to a month, and affected sections are hidden.

The return decomposition uses price = P/E × net profit ÷ share count. The reverse DCF uses a fixed 12% cost of equity, a 10-year horizon and a 15x terminal P/E, and is an illustration only. Events, flags and twins follow fixed rules and thresholds described next to each section.

Feedback