Market cap
₹93 Cr
Revenue (TTM)
₹74 Cr
P/E Ratio
22.3
P/B Ratio
1.6
Div. Yield
0.5 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -21.91 | -11.98 | -3.65 | -1.01 | 0.83 |
| EBIT | -61.32 | -69.36 | -3.54 | -5.49 | -10.56 |
| Net Profit | -75.67 | -69.18 | 17.74 | -4.62 | -4.62 |
| EPS | -75.67 | -69.18 | 10.42 | -6.64 | -5.84 |
| Book Value | -- | -- | 5.37 | 9.95 | 10.87 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-25 | Mar-24 |
| EBIT-Margin
| 7.27 | 8.17 | 6.20 | 5.51 | 8.23 |
| Net Margin
| 6.25 | 6.50 | 5.51 | 4.13 | 7.38 |
| Return on equity
| 10.24 | 11.09 | 7.80 | 6.02 | 11.72 |
| Return on Capital
| 12.98 | 14.35 | -- | 9.14 | 13.61 |
| Return on Assets
| 7.27 | 7.23 | 5.43 | 4.42 | 8.56 |
| Debt to Equity (x)
| -- | -- | 0.12 | 0.08 | 0.11 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Mercury Lab
|
--
|
9.14
|
13.61
|
16.19
|
12.26
|
|
Peer Median
|
--
|
21.76
|
21.89
|
--
|
17.36
|
ROE
7.80
Lower than Peers by 7.55
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Mercury Lab
|
7.80
|
6.02
|
11.72
|
12.98
|
9.23
|
|
Peer Median
|
15.35
|
17.93
|
16.42
|
--
|
17.35
|
ROA
5.43
Lower than Peers by 4.92
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Mercury Lab
|
5.43
|
4.42
|
8.56
|
8.81
|
5.57
|
|
Peer Median
|
10.35
|
12.81
|
12.32
|
--
|
10.65
|
EBIT Margin
6.20
Lower than Peers by 11.80
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Mercury Lab
|
6.20
|
5.51
|
8.23
|
8.08
|
7.83
|
|
Peer Median
|
18.01
|
18.93
|
21.05
|
--
|
11.27
|
Net Margin
5.51
Lower than Peers by 8.95
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Mercury Lab
|
5.51
|
4.13
|
7.38
|
7.24
|
6.06
|
|
Peer Median
|
14.45
|
14.94
|
15.51
|
--
|
11.45
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Mercury Lab
|
--
|
8.02
|
11.21
|
10.70
|
10.38
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-3.65
Lower than Peers by 15.60
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Mercury Lab
|
-3.65
|
-0.61
|
0.30
|
30.06
|
-15.56
|
|
Peer Median
|
11.95
|
10.90
|
13.44
|
--
|
11.49
|
EBIT Growth
-3.54
Lower than Peers by 25.14
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Mercury Lab
|
-3.54
|
-33.37
|
2.10
|
34.16
|
-40.84
|
|
Peer Median
|
21.60
|
15.01
|
23.50
|
--
|
-1.10
|
Net Profit Growth
17.74
Lower than Peers by 4.99
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Mercury Lab
|
17.74
|
-44.38
|
1.35
|
56.62
|
-33.27
|
|
Peer Median
|
22.73
|
14.80
|
30.12
|
--
|
4.90
|
EPS Growth
10.42
Lower than Peers by 9.61
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Mercury Lab
|
10.42
|
-44.38
|
1.35
|
56.62
|
-33.27
|
|
Peer Median
|
20.03
|
14.27
|
29.02
|
--
|
10.00
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Mercury Lab
|
--
|
5.37
|
11.42
|
13.20
|
9.25
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.12
Higher than Peers by 0.11
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Mercury Lab
|
0.12
|
0.08
|
0.11
|
0.12
|
0.13
|
|
Peer Median
|
0.00
|
0.06
|
0.03
|
--
|
0.18
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Mercury Lab
|
--
|
0.01
|
0.05
|
0.06
|
0.06
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
3.85
Higher than Peers by 1.76
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Mercury Lab
|
3.85
|
2.66
|
3.15
|
2.78
|
2.24
|
|
Peer Median
|
2.08
|
1.90
|
2.23
|
--
|
1.72
|
Quick Ratio
3.24
Higher than Peers by 1.70
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Mercury Lab
|
3.24
|
2.18
|
2.66
|
2.30
|
1.81
|
|
Peer Median
|
1.54
|
1.46
|
1.59
|
--
|
1.41
|
Interest Coverage
11.46
Lower than Peers by 7.91
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Mercury Lab
|
11.46
|
9.51
|
19.07
|
21.57
|
12.28
|
|
Peer Median
|
19.38
|
24.96
|
45.29
|
--
|
24.64
|
Operating Efficiency
Debtors to sales
35.04
Higher than Peers by 13.66
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Mercury Lab
|
35.04
|
34.27
|
28.92
|
28.36
|
28.91
|
|
Peer Median
|
21.38
|
21.77
|
20.10
|
--
|
23.77
|
Asset Turnover
0.96
Higher than Peers by 0.24
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Mercury Lab
|
0.96
|
1.06
|
1.14
|
1.19
|
0.91
|
|
Peer Median
|
0.72
|
0.76
|
0.81
|
--
|
1.05
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Mercury Lab
|
--
|
115.65
|
104.38
|
92.32
|
123.77
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Mercury Lab
|
--
|
32.60
|
31.66
|
33.14
|
37.61
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Mercury Lab
|
--
|
152.93
|
103.82
|
128.22
|
225.52
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Mercury Lab
|
--
|
-4.69
|
32.22
|
-2.76
|
-64.14
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
22.30
Lower than Peers by 11.69
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Mercury Lab
|
22.30
|
31.25
|
17.66
|
12.59
|
16.34
|
|
Peer Median
|
33.99
|
26.81
|
39.85
|
--
|
26.65
|
Price / Book Value
1.59
Lower than Peers by 3.47
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Mercury Lab
|
1.59
|
1.83
|
1.96
|
1.54
|
1.44
|
|
Peer Median
|
5.06
|
4.65
|
6.11
|
--
|
3.55
|
Dividend Yield
0.45
Lower than Peers by 0.04
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Mercury Lab
|
0.45
|
0.43
|
0.42
|
0.60
|
0.72
|
|
Peer Median
|
0.49
|
0.61
|
0.37
|
--
|
0.04
|
EV/EBITDA
9.69
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Mercury Lab
|
9.69
|
12.39
|
9.60
|
6.64
|
7.23
|
|
Peer Median
|
--
|
27.02
|
34.57
|
--
|
17.31
|
Market Cap
93
Lower than Peers by 19,032
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Mercury Lab
|
93
|
98
|
100
|
70
|
58
|
|
Peer Median
|
19,125
|
20,914
|
25,297
|
--
|
474
|