{"id":317602,"date":"2026-10-21T09:14:05","date_gmt":"2026-10-21T03:44:05","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=317602"},"modified":"2026-10-21T09:14:05","modified_gmt":"2026-10-21T03:44:05","slug":"mercury-ev-tech-vs-pavna-industries-vs-tolins-tyres","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/mercury-ev-tech-vs-pavna-industries-vs-tolins-tyres\/","title":{"rendered":"Mercury EV-Tech vs Pavna Industries vs Tolins Tyres: Which Stock Should You Track"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Mercury EV-Tech PE 151.96, mkt cap Rs 693 crore. Pavna Industries PE 26.46, mkt cap Rs 210 crore. Tolins Tyres PE 25.46, mkt cap Rs 340 crore.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Mercury EV-Tech vs Pavna Industries vs Tolins Tyres is a side-by-side comparison of three companies from the auto components space. On this comparison, Mercury EV-Tech carries a market capitalisation of about Rs 693 crore, against Rs 210 crore for Pavna Industries and Rs 340 crore for Tolins Tyres, with return on equity of 3.15%, 3.09% and 4.87% respectively. Each company&#8217;s numbers are presented here without a declared preference, since the right stock depends on an investor&#8217;s own criteria.<\/p>\n<\/div>\n<p>Mercury EV-Tech vs Pavna Industries vs Tolins Tyres starts with the core numbers most investors compare within the auto components segment: market capitalisation, valuation multiples, profitability, dividend yield and the latest quarterly results. Figures below are sourced as of October 2026 and will shift with daily price moves.<\/p>\n<p>All three names sit in the auto components bucket, which makes them a natural set to place side by side rather than a random trio of unrelated businesses. The sections below cover the company profiles, a valuation table, the latest quarter and a five-quarter trend for revenue and net profit.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=mercury-ev-tech-vs-pavna-industries-vs-tolins-tyres\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/mercury-ev-tech-vs-pavna-industries-vs-tolins-tyres\/#Mercury_EV-Tech_Pavna_Industries_and_Tolins_Tyres_Company_Overview\" title=\"Mercury EV-Tech, Pavna Industries and Tolins Tyres: Company Overview\">Mercury EV-Tech, Pavna Industries and Tolins Tyres: Company Overview<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/mercury-ev-tech-vs-pavna-industries-vs-tolins-tyres\/#Mercury_EV-Tech_vs_Pavna_Industries_vs_Tolins_Tyres_Valuation_and_Profitability_Snapshot\" title=\"Mercury EV-Tech vs Pavna Industries vs Tolins Tyres: Valuation and Profitability Snapshot\">Mercury EV-Tech vs Pavna Industries vs Tolins Tyres: Valuation and Profitability Snapshot<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/mercury-ev-tech-vs-pavna-industries-vs-tolins-tyres\/#Mercury_EV-Tech_vs_Pavna_Industries_vs_Tolins_Tyres_Latest_Quarterly_Results\" title=\"Mercury EV-Tech vs Pavna Industries vs Tolins Tyres: Latest Quarterly Results\">Mercury EV-Tech vs Pavna Industries vs Tolins Tyres: Latest Quarterly Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/mercury-ev-tech-vs-pavna-industries-vs-tolins-tyres\/#Mercury_EV-Tech_vs_Pavna_Industries_vs_Tolins_Tyres_Five-Quarter_Revenue_and_Net_Profit_Trend\" title=\"Mercury EV-Tech vs Pavna Industries vs Tolins Tyres: Five-Quarter Revenue and Net Profit Trend\">Mercury EV-Tech vs Pavna Industries vs Tolins Tyres: Five-Quarter Revenue and Net Profit Trend<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/mercury-ev-tech-vs-pavna-industries-vs-tolins-tyres\/#What_Should_Investors_Look_at_Beyond_These_Numbers\" title=\"What Should Investors Look at Beyond These Numbers?\">What Should Investors Look at Beyond These Numbers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/mercury-ev-tech-vs-pavna-industries-vs-tolins-tyres\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/mercury-ev-tech-vs-pavna-industries-vs-tolins-tyres\/#FAQs_on_Mercury_EV-Tech_vs_Pavna_Industries_vs_Tolins_Tyres\" title=\"FAQs on Mercury EV-Tech vs Pavna Industries vs Tolins Tyres\">FAQs on Mercury EV-Tech vs Pavna Industries vs Tolins Tyres<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/mercury-ev-tech-vs-pavna-industries-vs-tolins-tyres\/#What_is_the_market_cap_difference_between_Mercury_EV-Tech_Pavna_Industries_and_Tolins_Tyres\" title=\"What is the market cap difference between Mercury EV-Tech, Pavna Industries and Tolins Tyres?\">What is the market cap difference between Mercury EV-Tech, Pavna Industries and Tolins Tyres?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/mercury-ev-tech-vs-pavna-industries-vs-tolins-tyres\/#What_are_the_PE_and_PB_ratios_of_Mercury_EV-Tech_Pavna_Industries_and_Tolins_Tyres\" title=\"What are the PE and PB ratios of Mercury EV-Tech, Pavna Industries and Tolins Tyres?\">What are the PE and PB ratios of Mercury EV-Tech, Pavna Industries and Tolins Tyres?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/mercury-ev-tech-vs-pavna-industries-vs-tolins-tyres\/#Which_of_the_three_has_the_highest_ROE\" title=\"Which of the three has the highest ROE?\">Which of the three has the highest ROE?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/mercury-ev-tech-vs-pavna-industries-vs-tolins-tyres\/#Which_of_these_three_stocks_pays_the_highest_dividend_yield\" title=\"Which of these three stocks pays the highest dividend yield?\">Which of these three stocks pays the highest dividend yield?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/mercury-ev-tech-vs-pavna-industries-vs-tolins-tyres\/#What_is_the_debt_to_equity_ratio_for_Mercury_EV-Tech_Pavna_Industries_and_Tolins_Tyres\" title=\"What is the debt to equity ratio for Mercury EV-Tech, Pavna Industries and Tolins Tyres?\">What is the debt to equity ratio for Mercury EV-Tech, Pavna Industries and Tolins Tyres?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/mercury-ev-tech-vs-pavna-industries-vs-tolins-tyres\/#What_were_the_latest_quarterly_revenue_and_net_profit_of_Mercury_EV-Tech_Pavna_Industries_and_Tolins_Tyres\" title=\"What were the latest quarterly revenue and net profit of Mercury EV-Tech, Pavna Industries and Tolins Tyres?\">What were the latest quarterly revenue and net profit of Mercury EV-Tech, Pavna Industries and Tolins Tyres?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/mercury-ev-tech-vs-pavna-industries-vs-tolins-tyres\/#Does_this_comparison_recommend_one_of_Mercury_EV-Tech_Pavna_Industries_and_Tolins_Tyres\" title=\"Does this comparison recommend one of Mercury EV-Tech, Pavna Industries and Tolins Tyres?\">Does this comparison recommend one of Mercury EV-Tech, Pavna Industries and Tolins Tyres?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Mercury_EV-Tech_Pavna_Industries_and_Tolins_Tyres_Company_Overview\"><\/span><strong>Mercury EV-Tech, Pavna Industries and Tolins Tyres: Company Overview<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Mercury EV-Tech<\/strong> is a listed Indian company in the auto components space, tracked here on book value, return ratios and valuation alongside its peers in this comparison. It has a market capitalisation of about Rs 693 crore, a return on equity of 3.15% and a book value of Rs 14.76 per share. Its quarterly revenue moved from Rs 23.07 crore in June 2025 to Rs 33.74 crore in June 2026, a change of +46.3%.<\/p>\n<p><strong>Pavna Industries<\/strong> is a listed Indian company in the auto components space, tracked here on book value, return ratios and valuation alongside its peers in this comparison. It has a market capitalisation of about Rs 210 crore, a return on equity of 3.09% and a book value of Rs 14.64 per share. Its quarterly revenue moved from Rs 60.57 crore in June 2025 to Rs 92.15 crore in June 2026, a change of +52.1%.<\/p>\n<p><strong>Tolins Tyres<\/strong> is a listed Indian company in the auto components space, tracked here on book value, return ratios and valuation alongside its peers in this comparison. It has a market capitalisation of about Rs 340 crore, a return on equity of 4.87% and a book value of Rs 78.20 per share. Its quarterly revenue moved from Rs 90.48 crore in June 2025 to Rs 79.51 crore in June 2026, a change of -12.1%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Mercury_EV-Tech_vs_Pavna_Industries_vs_Tolins_Tyres_Valuation_and_Profitability_Snapshot\"><\/span><strong>Mercury EV-Tech vs Pavna Industries vs Tolins Tyres: Valuation and Profitability Snapshot<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Metric<\/th>\n<th><a href=\"https:\/\/univest.in\/stocks\/mercuryev\/mercury-ev-share-price-today\">Mercury EV-Tech<\/a><\/th>\n<th><a href=\"https:\/\/univest.in\/stocks\/pavnaind\/pavna-industries-ltd-share-price-today\">Pavna Industries<\/a><\/th>\n<th><a href=\"https:\/\/univest.in\/stocks\/tolins\/tolins-tyres-ltd-share-price-today\">Tolins Tyres<\/a><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Market Cap (approx.)<\/td>\n<td>Rs 693 crore<\/td>\n<td>Rs 210 crore<\/td>\n<td>Rs 340 crore<\/td>\n<\/tr>\n<tr>\n<td>PE Ratio (TTM)<\/td>\n<td>151.96<\/td>\n<td>26.46<\/td>\n<td>25.46<\/td>\n<\/tr>\n<tr>\n<td>PB Ratio<\/td>\n<td>2.47<\/td>\n<td>1.03<\/td>\n<td>1.10<\/td>\n<\/tr>\n<tr>\n<td>Return on Equity (ROE)<\/td>\n<td>3.15%<\/td>\n<td>3.09%<\/td>\n<td>4.87%<\/td>\n<\/tr>\n<tr>\n<td>EPS (TTM, Rs)<\/td>\n<td>0.24<\/td>\n<td>0.57<\/td>\n<td>3.38<\/td>\n<\/tr>\n<tr>\n<td>Dividend Yield<\/td>\n<td>0.00%<\/td>\n<td>0.00%<\/td>\n<td>0.00%<\/td>\n<\/tr>\n<tr>\n<td>Debt to Equity<\/td>\n<td>0.03<\/td>\n<td>0.51<\/td>\n<td>0.01<\/td>\n<\/tr>\n<tr>\n<td>Book Value per Share (Rs)<\/td>\n<td>14.76<\/td>\n<td>14.64<\/td>\n<td>78.20<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for Live Data<\/strong><\/a><\/p>\n<p>On valuation, Mercury EV-Tech trades at a PE of 151.96 and a PB of 2.47, Pavna Industries at a PE of 26.46 and a PB of 1.03, while Tolins Tyres trades at a PE of 25.46 and a PB of 1.10. On return on equity, the three post 3.15%, 3.09% and 4.87% respectively, and on dividend yield they stand at 0.00%, 0.00% and 0.00%. Mercury EV-Tech has the highest market capitalisation of the three at Rs 693 crore, while Pavna Industries has the lowest at Rs 210 crore. Mercury EV-Tech has the highest PE ratio of the three at 151.96, while Tolins Tyres has the lowest at 25.46. Tolins Tyres has the highest return on equity of the three at 4.87%, while Pavna Industries has the lowest at 3.09%. Pavna Industries has the highest debt to equity ratio of the three at 0.51, while Tolins Tyres has the lowest at 0.01. Debt to equity is 0.03, 0.51 and 0.01 for the three respectively.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Mercury_EV-Tech_vs_Pavna_Industries_vs_Tolins_Tyres_Latest_Quarterly_Results\"><\/span><strong>Mercury EV-Tech vs Pavna Industries vs Tolins Tyres: Latest Quarterly Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Company<\/th>\n<th>Latest Quarter Revenue<\/th>\n<th>Latest Quarter Net Profit<\/th>\n<th>YoY Change (Revenue)<\/th>\n<th>QoQ Change (Revenue)<\/th>\n<th>YoY Change (Net Profit)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Mercury EV-Tech<\/td>\n<td>Rs 33.74 crore<\/td>\n<td>Rs 1.56 crore<\/td>\n<td>+46.3%<\/td>\n<td>+35.4%<\/td>\n<td>-4.3%<\/td>\n<\/tr>\n<tr>\n<td>Pavna Industries<\/td>\n<td>Rs 92.15 crore<\/td>\n<td>Rs 0.91 crore<\/td>\n<td>+52.1%<\/td>\n<td>+67.4%<\/td>\n<td>NA<\/td>\n<\/tr>\n<tr>\n<td>Tolins Tyres<\/td>\n<td>Rs 79.51 crore<\/td>\n<td>Rs 6.19 crore<\/td>\n<td>-12.1%<\/td>\n<td>+0.7%<\/td>\n<td>-33.4%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Quarterly figures above are the most recent reported quarter for each company (Q1 FY27, quarter ended June 2026), compared with the year-ago and preceding quarter. A percentage change in net profit is shown as NA where the comparison quarter was a loss or the latest quarter is a loss, since the percentage is not meaningful in that case.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Mercury_EV-Tech_vs_Pavna_Industries_vs_Tolins_Tyres_Five-Quarter_Revenue_and_Net_Profit_Trend\"><\/span><strong>Mercury EV-Tech vs Pavna Industries vs Tolins Tyres: Five-Quarter Revenue and Net Profit Trend<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The five-quarter view below shows how revenue and net profit moved from June 2025 to June 2026 for each company in Mercury EV-Tech vs Pavna Industries vs Tolins Tyres, which helps separate a one-quarter move from a steadier pattern.<\/p>\n<p><strong>Quarterly revenue (Rs crore)<\/strong><\/p>\n<table>\n<thead>\n<tr>\n<th>Quarter<\/th>\n<th>Mercury EV-Tech<\/th>\n<th>Pavna Industries<\/th>\n<th>Tolins Tyres<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>June 2025<\/td>\n<td>Rs 23.07 crore<\/td>\n<td>Rs 60.57 crore<\/td>\n<td>Rs 90.48 crore<\/td>\n<\/tr>\n<tr>\n<td>September 2025<\/td>\n<td>Rs 34.65 crore<\/td>\n<td>Rs 75.02 crore<\/td>\n<td>Rs 66.85 crore<\/td>\n<\/tr>\n<tr>\n<td>December 2025<\/td>\n<td>Rs 25.31 crore<\/td>\n<td>Rs 108.92 crore<\/td>\n<td>Rs 93.68 crore<\/td>\n<\/tr>\n<tr>\n<td>March 2026<\/td>\n<td>Rs 24.92 crore<\/td>\n<td>Rs 55.04 crore<\/td>\n<td>Rs 78.93 crore<\/td>\n<\/tr>\n<tr>\n<td>June 2026<\/td>\n<td>Rs 33.74 crore<\/td>\n<td>Rs 92.15 crore<\/td>\n<td>Rs 79.51 crore<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Quarterly net profit (Rs crore)<\/strong><\/p>\n<table>\n<thead>\n<tr>\n<th>Quarter<\/th>\n<th>Mercury EV-Tech<\/th>\n<th>Pavna Industries<\/th>\n<th>Tolins Tyres<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>June 2025<\/td>\n<td>Rs 1.63 crore<\/td>\n<td>-Rs 1.72 crore<\/td>\n<td>Rs 9.30 crore<\/td>\n<\/tr>\n<tr>\n<td>September 2025<\/td>\n<td>Rs 1.84 crore<\/td>\n<td>Rs 1.68 crore<\/td>\n<td>Rs 6.95 crore<\/td>\n<\/tr>\n<tr>\n<td>December 2025<\/td>\n<td>Rs 0.75 crore<\/td>\n<td>Rs 3.02 crore<\/td>\n<td>Rs 10.49 crore<\/td>\n<\/tr>\n<tr>\n<td>March 2026<\/td>\n<td>Rs 0.17 crore<\/td>\n<td>Rs 2.41 crore<\/td>\n<td>Rs 8.94 crore<\/td>\n<\/tr>\n<tr>\n<td>June 2026<\/td>\n<td>Rs 1.56 crore<\/td>\n<td>Rs 0.91 crore<\/td>\n<td>Rs 6.19 crore<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Mercury EV-Tech reported revenue of Rs 23.07 crore in June 2025 and Rs 33.74 crore in June 2026, a change of +46.3% across the period. Its highest quarterly revenue in this window was Rs 34.65 crore in September 2025. Net profit stood at Rs 1.56 crore in June 2026, which is a net profit margin of 4.62%.<\/p>\n<p>Pavna Industries reported revenue of Rs 60.57 crore in June 2025 and Rs 92.15 crore in June 2026, a change of +52.1% across the period. Its highest quarterly revenue in this window was Rs 108.92 crore in December 2025. Net profit stood at Rs 0.91 crore in June 2026, which is a net profit margin of 0.99%. Pavna Industries reported a net loss in June 2025.<\/p>\n<p>Tolins Tyres reported revenue of Rs 90.48 crore in June 2025 and Rs 79.51 crore in June 2026, a change of -12.1% across the period. Its highest quarterly revenue in this window was Rs 93.68 crore in December 2025. Net profit stood at Rs 6.19 crore in June 2026, which is a net profit margin of 7.79%.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"https:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Mercury EV-Tech, Pavna Industries and Tolins Tyres live prices.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Should_Investors_Look_at_Beyond_These_Numbers\"><\/span><strong>What Should Investors Look at Beyond These Numbers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Beyond the metrics above, investors comparing these three auto components names should track quarter-on-quarter revenue and margin trends, management commentary on demand and cost drivers, and factors specific to the segment such as vehicle production volumes, customer concentration, commodity costs and demand for electric vehicles. A single-quarter snapshot can shift quickly, and smaller companies in particular can show wide swings from one quarter to the next.<\/p>\n<p>It also helps to read the latest quarterly filings and investor presentations of Mercury EV-Tech, Pavna Industries and Tolins Tyres directly, since the figures here come from standardised data and do not capture company-specific context such as one-time items, order timing or promoter actions.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mercury EV-Tech vs Pavna Industries vs Tolins Tyres highlights how differently three companies in the same auto components segment can look across valuation, profitability and dividend metrics, even when operating in a similar space. This comparison does not declare a winner; investors should weigh these figures against their own research and risk appetite. Please read the disclaimer below before making any investment decision.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information as of October 2026 and may not reflect real-time prices. Please verify all data independently before making any investment decision. This comparison does not recommend or endorse any single stock over another; investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Mercury_EV-Tech_vs_Pavna_Industries_vs_Tolins_Tyres\"><\/span><strong>FAQs on Mercury EV-Tech vs Pavna Industries vs Tolins Tyres<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_cap_difference_between_Mercury_EV-Tech_Pavna_Industries_and_Tolins_Tyres\"><\/span><strong>What is the market cap difference between Mercury EV-Tech, Pavna Industries and Tolins Tyres?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of October 2026, Mercury EV-Tech has a market cap of approximately Rs 693 crore, Pavna Industries is at approximately Rs 210 crore, and Tolins Tyres is at approximately Rs 340 crore. Mercury EV-Tech is the largest of the three, and its market capitalisation is about 3.3 times that of Pavna Industries, the smallest. Market capitalisation reflects the size of a company in the market rather than the quality of its business, so a larger value does not by itself signal a higher quality company. These figures move with the share price every trading day, which is why the table above should be read as a snapshot rather than a fixed ranking in the Mercury EV-Tech vs Pavna Industries vs Tolins Tyres comparison.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_PE_and_PB_ratios_of_Mercury_EV-Tech_Pavna_Industries_and_Tolins_Tyres\"><\/span><strong>What are the PE and PB ratios of Mercury EV-Tech, Pavna Industries and Tolins Tyres?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of October 2026, the PE ratios stand at 151.96, 26.46 and 25.46 respectively, and the price to book ratios stand at 2.47, 1.03 and 1.10 respectively. All three companies have a positive trailing PE, so the multiples can be compared directly. The PE ratio shows how much investors pay for each rupee of trailing earnings, while the PB ratio compares the market value with the net assets on the balance sheet. Both multiples should be read against the segment norms for auto components and against each company&#8217;s own growth and earnings stability, because a high multiple can reflect expected growth or simply a small earnings base.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_the_three_has_the_highest_ROE\"><\/span><strong>Which of the three has the highest ROE?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Mercury EV-Tech, Pavna Industries and Tolins Tyres post ROE of 3.15%, 3.09% and 4.87% respectively as of October 2026. Tolins Tyres has the highest return on equity of the three at 4.87%, while Pavna Industries has the lowest at 3.09%. Return on equity measures how much profit a company generates on the capital contributed by its shareholders, so it is a useful gauge of how efficiently equity is being used. A negative ROE points to losses over the period, and a very high ROE can sometimes result from a small equity base rather than operating performance. It is therefore worth reading ROE together with debt levels and the five-quarter profit trend before drawing any conclusion from the Mercury EV-Tech vs Pavna Industries vs Tolins Tyres figures.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_these_three_stocks_pays_the_highest_dividend_yield\"><\/span><strong>Which of these three stocks pays the highest dividend yield?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Mercury EV-Tech, Pavna Industries and Tolins Tyres carry dividend yields of 0.00%, 0.00% and 0.00% respectively as of October 2026. Dividend yield is the annual dividend per share expressed as a percentage of the current share price, so it changes whenever the price changes. A low or zero yield is common among companies that retain profits to fund expansion, repay debt or absorb losses, and it does not by itself say anything about business quality. Investors who care about income should also check how consistently each company has paid dividends and what share of profit it distributes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_debt_to_equity_ratio_for_Mercury_EV-Tech_Pavna_Industries_and_Tolins_Tyres\"><\/span><strong>What is the debt to equity ratio for Mercury EV-Tech, Pavna Industries and Tolins Tyres?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Mercury EV-Tech carries a debt to equity of 0.03, Pavna Industries of 0.51, and Tolins Tyres of 0.01. Pavna Industries has the highest debt to equity ratio of the three at 0.51, while Tolins Tyres has the lowest at 0.01. The debt to equity ratio compares total borrowings with shareholders&#8217; funds, and a higher figure means the company relies more on borrowed money to run its business. What counts as a comfortable level differs by segment, since some businesses in auto components need heavy capital and carry more debt than others. Investors usually read this ratio alongside interest costs and cash generation to judge how well each company can service its borrowings in the Mercury EV-Tech vs Pavna Industries vs Tolins Tyres comparison.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_were_the_latest_quarterly_revenue_and_net_profit_of_Mercury_EV-Tech_Pavna_Industries_and_Tolins_Tyres\"><\/span><strong>What were the latest quarterly revenue and net profit of Mercury EV-Tech, Pavna Industries and Tolins Tyres?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> For Q1 FY27 (quarter ended June 2026), Mercury EV-Tech reported revenue of Rs 33.74 crore and net profit of Rs 1.56 crore, Pavna Industries reported revenue of Rs 92.15 crore and net profit of Rs 0.91 crore, and Tolins Tyres reported revenue of Rs 79.51 crore and net profit of Rs 6.19 crore. Compared with the quarter ended June 2025, revenue changed by +46.3% for Mercury EV-Tech, +52.1% for Pavna Industries and -12.1% for Tolins Tyres. A single quarter can be affected by seasonality, one-time items and the timing of orders, so the five-quarter tables above give a clearer sense of direction than any one result. A net loss in a quarter does not always mean a troubled business, but it does call for a closer look at costs, debt and the reasons behind the swing in the Mercury EV-Tech vs Pavna Industries vs Tolins Tyres results.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Does_this_comparison_recommend_one_of_Mercury_EV-Tech_Pavna_Industries_and_Tolins_Tyres\"><\/span><strong>Does this comparison recommend one of Mercury EV-Tech, Pavna Industries and Tolins Tyres?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This comparison does not declare one stock ahead of another; each company scores differently across valuation, profitability and dividend metrics, and the right fit depends on an individual investor&#8217;s own criteria and research. Instead of a verdict, the tables above lay out the figures so that readers can weigh them against their own goals, time horizon and tolerance for risk. For companies in auto components, it also helps to look at factors such as vehicle production volumes, customer concentration, commodity costs and demand for electric vehicles. Reading the latest filings and investor presentations of Mercury EV-Tech, Pavna Industries and Tolins Tyres directly, and speaking to a SEBI registered adviser where needed, is a sensible step before acting on any numbers shown in Mercury EV-Tech vs Pavna Industries vs Tolins Tyres.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the market cap difference between Mercury EV-Tech, Pavna Industries and Tolins Tyres?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"As of October 2026, Mercury EV-Tech has a market cap of approximately Rs 693 crore, Pavna Industries is at approximately Rs 210 crore, and Tolins Tyres is at approximately Rs 340 crore. Mercury EV-Tech is the largest of the three, and its market capitalisation is about 3.3 times that of Pavna Industries, the smallest. Market capitalisation reflects the size of a company in the market rather than the quality of its business, so a larger value does not by itself signal a higher quality company. These figures move with the share price every trading day, which is why the table above should be read as a snapshot rather than a fixed ranking in the Mercury EV-Tech vs Pavna Industries vs Tolins Tyres comparison.\"}},{\"@type\":\"Question\",\"name\":\"What are the PE and PB ratios of Mercury EV-Tech, Pavna Industries and Tolins Tyres?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"As of October 2026, the PE ratios stand at 151.96, 26.46 and 25.46 respectively, and the price to book ratios stand at 2.47, 1.03 and 1.10 respectively. All three companies have a positive trailing PE, so the multiples can be compared directly. The PE ratio shows how much investors pay for each rupee of trailing earnings, while the PB ratio compares the market value with the net assets on the balance sheet. Both multiples should be read against the segment norms for auto components and against each company's own growth and earnings stability, because a high multiple can reflect expected growth or simply a small earnings base.\"}},{\"@type\":\"Question\",\"name\":\"Which of the three has the highest ROE?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Mercury EV-Tech, Pavna Industries and Tolins Tyres post ROE of 3.15%, 3.09% and 4.87% respectively as of October 2026. Tolins Tyres has the highest return on equity of the three at 4.87%, while Pavna Industries has the lowest at 3.09%. Return on equity measures how much profit a company generates on the capital contributed by its shareholders, so it is a useful gauge of how efficiently equity is being used. A negative ROE points to losses over the period, and a very high ROE can sometimes result from a small equity base rather than operating performance. It is therefore worth reading ROE together with debt levels and the five-quarter profit trend before drawing any conclusion from the Mercury EV-Tech vs Pavna Industries vs Tolins Tyres figures.\"}},{\"@type\":\"Question\",\"name\":\"Which of these three stocks pays the highest dividend yield?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Mercury EV-Tech, Pavna Industries and Tolins Tyres carry dividend yields of 0.00%, 0.00% and 0.00% respectively as of October 2026. Dividend yield is the annual dividend per share expressed as a percentage of the current share price, so it changes whenever the price changes. A low or zero yield is common among companies that retain profits to fund expansion, repay debt or absorb losses, and it does not by itself say anything about business quality. Investors who care about income should also check how consistently each company has paid dividends and what share of profit it distributes.\"}},{\"@type\":\"Question\",\"name\":\"What is the debt to equity ratio for Mercury EV-Tech, Pavna Industries and Tolins Tyres?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Mercury EV-Tech carries a debt to equity of 0.03, Pavna Industries of 0.51, and Tolins Tyres of 0.01. Pavna Industries has the highest debt to equity ratio of the three at 0.51, while Tolins Tyres has the lowest at 0.01. The debt to equity ratio compares total borrowings with shareholders' funds, and a higher figure means the company relies more on borrowed money to run its business. What counts as a comfortable level differs by segment, since some businesses in auto components need heavy capital and carry more debt than others. Investors usually read this ratio alongside interest costs and cash generation to judge how well each company can service its borrowings in the Mercury EV-Tech vs Pavna Industries vs Tolins Tyres comparison.\"}},{\"@type\":\"Question\",\"name\":\"What were the latest quarterly revenue and net profit of Mercury EV-Tech, Pavna Industries and Tolins Tyres?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"For Q1 FY27 (quarter ended June 2026), Mercury EV-Tech reported revenue of Rs 33.74 crore and net profit of Rs 1.56 crore, Pavna Industries reported revenue of Rs 92.15 crore and net profit of Rs 0.91 crore, and Tolins Tyres reported revenue of Rs 79.51 crore and net profit of Rs 6.19 crore. Compared with the quarter ended June 2025, revenue changed by +46.3% for Mercury EV-Tech, +52.1% for Pavna Industries and -12.1% for Tolins Tyres. A single quarter can be affected by seasonality, one-time items and the timing of orders, so the five-quarter tables above give a clearer sense of direction than any one result. A net loss in a quarter does not always mean a troubled business, but it does call for a closer look at costs, debt and the reasons behind the swing in the Mercury EV-Tech vs Pavna Industries vs Tolins Tyres results.\"}},{\"@type\":\"Question\",\"name\":\"Does this comparison recommend one of Mercury EV-Tech, Pavna Industries and Tolins Tyres?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This comparison does not declare one stock ahead of another; each company scores differently across valuation, profitability and dividend metrics, and the right fit depends on an individual investor's own criteria and research. Instead of a verdict, the tables above lay out the figures so that readers can weigh them against their own goals, time horizon and tolerance for risk. For companies in auto components, it also helps to look at factors such as vehicle production volumes, customer concentration, commodity costs and demand for electric vehicles. Reading the latest filings and investor presentations of Mercury EV-Tech, Pavna Industries and Tolins Tyres directly, and speaking to a SEBI registered adviser where needed, is a sensible step before acting on any numbers shown in Mercury EV-Tech vs Pavna Industries vs Tolins Tyres.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mercury EV-Tech vs Pavna Industries vs Tolins Tyres compared on market cap, PE, PB, ROE, dividend yield and debt to equity, as of October 2026.<\/p>\n","protected":false},"author":36,"featured_media":317601,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[5469,1019],"class_list":["post-317602","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-auto-components","tag-stock-market"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["317601"],"rank_math_title":["Mercury EV-Tech vs Pavna Industries vs Tolins Tyres"],"rank_math_description":["Mercury EV-Tech vs Pavna Industries vs Tolins Tyres compared on market cap, PE, PB, ROE, dividend yield and debt to equity, as of October 2026."],"rank_math_focus_keyword":["Mercury EV-Tech vs Pavna Industries vs Tolins Tyres"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/mercury-ev-tech-vs-pavna-industries-vs-tolins-tyres-which-stock-should-you-track.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/317602","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=317602"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/317602\/revisions"}],"predecessor-version":[{"id":317603,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/317602\/revisions\/317603"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/317601"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=317602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=317602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=317602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}