Mercury EV-Tech Ltd (BSE: 531357) is a Vadodara, Gujarat-based company in the 2W & 3W industry. With a market capitalisation of ₹601 Cr, it ranks #1,858 by market cap among the 6,189 Indian listed companies on FinBizNet, and #9 of 15 in 2W & 3W. At ₹31.62 (as of 26 Oct 2026), the share price is 28.2% below its 52-week high of ₹44.05 and 4.8% above its 52-week low of ₹30.16.
| Current Price | ₹31.62 |
|---|---|
| Market Cap | ₹601 Cr |
| BSE Code | 531357 |
| Sector | Consumer Discretionary > Automobiles and Components > Automobiles |
| Sub-Industry | Motorcycle Manufacturers > 2W & 3W |
| P/E Ratio | 136.9 |
| Return on Equity | 4.29% |
| Return on Assets | 1.33% |
| 52-Week Range | ₹30.16 – ₹44.05 |
| 3-Month Price Change | -10.0% |
| Beta (1Y) | 1.26 |
| Headquarters | Vadodara, Gujarat |
| Website | mercuryevtech.com |
| Revenue | ₹33 Cr |
|---|---|
| Net Profit | ₹2 Cr |
| Net Margin | 4.7% |
| EPS (Basic) | ₹0.00 |
| Basis | consolidated |
Figures in ₹ crore, parsed from the company's exchange filing (XBRL).
Mercury Ev-Tech Limited manufactures and trades electronic vehicles and other related renewable energy products in India. It electric cars, electric rikshaw, electric carts, electric vans, electric cycles, electric scooters, electric buses and other battery powered and electric vehicle. The company was formerly known as Mercury Metals Limited and changed its name to Mercury Ev-Tech Limited in March 2023. Mercury Ev-Tech Limited was incorporated in 1986 and is based in Vadodara, India.
1. Metal-This segment trades in ferrous and non ferrous metals. 2. Unallocable Revenue-0 3. Shares-This segment trades in shares. 4. Unallocated Assets-0
1. Manufacturing & Trading of Electronic Vehicle & Related Parts-100%
| Company | Market Cap | P/E | ROE | Latest Qtr Revenue | 1Y Change |
|---|---|---|---|---|---|
| Bajaj Auto Limited | ₹2,76,782 Cr | 26.2 | 28.05% | ₹21,689 Cr | +10.1% |
| Eicher Motors Ltd | ₹1,93,538 Cr | 35.1 | 23.77% | ₹6,632 Cr | +1.1% |
| TVS Motor Company Ltd. | ₹1,88,942 Cr | 62.6 | 31.62% | ₹16,296 Cr | +11.3% |
| Hero Motocorp Ltd | ₹1,00,754 Cr | 17.6 | 28.03% | ₹13,126 Cr | -9.5% |
| Ather Energy | ₹54,731 Cr | -98.6 | -33.74% | ₹1,217 Cr | +100.4% |
| Ola Electric | ₹13,853 Cr | -7.2 | -43.16% | ₹455 Cr | -46.0% |
| Zelio E Mobility Limited | ₹2,157 Cr | 67.4 | — | — | +391.7% |
| Atul Auto Ltd. | ₹1,075 Cr | 25.4 | 9.23% | ₹218 Cr | -23.0% |
| Mercury EV-Tech Ltd | ₹601 Cr | 136.9 | 4.29% | ₹33 Cr | — |
Listed by market capitalisation. Ratios are shown for context only.
Mercury EV-Tech Ltd is trading at ₹31.62, with a market capitalisation of ₹601 Cr.
Mercury EV-Tech Ltd operates in the Consumer Discretionary > Automobiles and Components > Automobiles space (Motorcycle Manufacturers > 2W & 3W).
Mercury EV-Tech Ltd has a P/E of 136.9 and a return on equity of 4.29%.
Mercury EV-Tech Ltd is listed on the BSE under the scrip code 531357.
In Q1 FY27, Mercury EV-Tech Ltd reported revenue of ₹33 Cr and net profit of ₹2 Cr, with basic EPS of ₹0 (consolidated, parsed from the company's exchange filing).
Data as of 26 Oct 2026. Descriptive market data only — not investment advice.