Share Price and Basic Stock Data
Last Updated: March 12, 2025, 12:37 pm
| PEG Ratio | 0.69 |
|---|
Competitors of MIC Electronics Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Incap Ltd | 50.7 Cr. | 98.9 | 124/55.0 | 56.4 | 33.0 | 1.01 % | 6.17 % | 4.12 % | 10.0 |
| Gujarat Poly Electronics Ltd | 71.2 Cr. | 83.3 | 146/57.1 | 31.5 | 12.1 | 0.00 % | 10.2 % | 26.3 % | 10.0 |
| Cosmo Ferrites Ltd | 262 Cr. | 218 | 385/141 | 22.1 | 0.00 % | 5.16 % | 5.18 % | 10.0 | |
| BCC Fuba India Ltd | 166 Cr. | 108 | 167/47.5 | 42.5 | 13.9 | 0.00 % | 15.4 % | 20.8 % | 10.0 |
| PG Electroplast Ltd | 24,308 Cr. | 859 | 1,055/146 | 115 | 40.5 | 0.02 % | 18.7 % | 18.9 % | 1.00 |
| Industry Average | 4,225.50 Cr | 921.15 | 59.19 | 142.00 | 0.20% | 10.57% | 20.37% | 7.73 |
Quarterly Result
| Metric | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Jun 2024 | Sep 2024 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3.40 | 26.97 | 14.32 | 2.42 | 2.08 | 7.40 | 11.01 | 8.26 | 10.31 | 17.49 | 10.71 | 27.46 | 11.75 |
| Expenses | 3.67 | 19.21 | 14.58 | 3.16 | 2.60 | 7.07 | 8.60 | 6.16 | 7.32 | 14.90 | 8.12 | 23.82 | 8.30 |
| Operating Profit | -0.27 | 7.76 | -0.26 | -0.74 | -0.52 | 0.33 | 2.41 | 2.10 | 2.99 | 2.59 | 2.59 | 3.64 | 3.45 |
| OPM % | -7.94% | 28.77% | -1.82% | -30.58% | -25.00% | 4.46% | 21.89% | 25.42% | 29.00% | 14.81% | 24.18% | 13.26% | 29.36% |
| Other Income | 0.05 | 0.30 | 0.94 | 0.24 | 1.26 | -0.28 | 0.72 | 0.22 | 6.78 | 0.82 | 0.22 | 0.23 | 0.49 |
| Interest | 0.18 | 0.27 | 0.63 | 0.12 | 0.21 | 0.30 | 0.16 | 0.54 | 0.48 | 0.35 | 0.46 | 1.35 | 1.38 |
| Depreciation | 0.65 | 0.65 | 0.96 | 0.62 | 0.54 | 0.67 | 0.54 | 0.55 | 0.38 | 0.35 | 0.39 | 0.39 | 0.39 |
| Profit before tax | -1.05 | 7.14 | -0.91 | -1.24 | -0.01 | -0.92 | 2.43 | 1.23 | 8.91 | 2.71 | 1.96 | 2.13 | 2.17 |
| Tax % | 0.00% | 0.00% | 7.69% | 0.00% | 0.00% | 0.00% | 0.00% | -0.81% | 1.23% | 0.00% | 0.00% | 0.00% | 0.00% |
| Net Profit | -1.05 | 7.14 | -0.98 | -1.24 | -0.01 | -0.92 | 2.43 | 1.24 | 8.80 | 2.71 | 1.97 | 2.13 | 2.17 |
| EPS in Rs | -0.19 | 1.30 | -0.05 | -0.06 | -0.00 | -0.04 | 0.11 | 0.06 | 0.39 | 0.12 | 0.08 | 0.09 | 0.09 |
Last Updated: February 28, 2025, 6:25 pm
Below is a detailed analysis of the quarterly data for MIC Electronics Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:
- For Sales, as of Dec 2024, the value is ₹11.75 Cr.. The value appears to be declining and may need further review. It has decreased from 27.46 Cr. (Sep 2024) to ₹11.75 Cr., marking a decrease of 15.71 Cr..
- For Expenses, as of Dec 2024, the value is ₹8.30 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 23.82 Cr. (Sep 2024) to ₹8.30 Cr., marking a decrease of 15.52 Cr..
- For Operating Profit, as of Dec 2024, the value is ₹3.45 Cr.. The value appears to be declining and may need further review. It has decreased from 3.64 Cr. (Sep 2024) to ₹3.45 Cr., marking a decrease of 0.19 Cr..
- For OPM %, as of Dec 2024, the value is 29.36%. The value appears strong and on an upward trend. It has increased from 13.26% (Sep 2024) to 29.36%, marking an increase of 16.10%.
- For Other Income, as of Dec 2024, the value is ₹0.49 Cr.. The value appears strong and on an upward trend. It has increased from 0.23 Cr. (Sep 2024) to ₹0.49 Cr., marking an increase of ₹0.26 Cr..
- For Interest, as of Dec 2024, the value is ₹1.38 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1.35 Cr. (Sep 2024) to ₹1.38 Cr., marking an increase of ₹0.03 Cr..
- For Depreciation, as of Dec 2024, the value is ₹0.39 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 0.39 Cr..
- For Profit before tax, as of Dec 2024, the value is ₹2.17 Cr.. The value appears strong and on an upward trend. It has increased from 2.13 Cr. (Sep 2024) to ₹2.17 Cr., marking an increase of ₹0.04 Cr..
- For Tax %, as of Dec 2024, the value is 0.00%. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 0.00%.
- For Net Profit, as of Dec 2024, the value is ₹2.17 Cr.. The value appears strong and on an upward trend. It has increased from 2.13 Cr. (Sep 2024) to ₹2.17 Cr., marking an increase of ₹0.04 Cr..
- For EPS in Rs, as of Dec 2024, the value is 0.09. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded ₹0.09.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: March 6, 2025, 3:30 pm
| Metric | Jun 2013n n 9m | Mar 2014n n 9m | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 76 | 92 | 150 | 207 | 218 | 159 | 5 | 2 | 1 | 45 | 23 | 55 |
| Expenses | 69 | 88 | 140 | 163 | 216 | 163 | 25 | 19 | 3 | 38 | 21 | 42 |
| Operating Profit | 6 | 4 | 11 | 44 | 2 | -4 | -20 | -17 | -2 | 7 | 2 | 12 |
| OPM % | 8% | 4% | 7% | 21% | 1% | -3% | -407% | -919% | -150% | 15% | 7% | 23% |
| Other Income | 4 | -53 | 4 | -193 | 2 | -95 | 0 | 1 | 3 | 1 | 2 | 9 |
| Interest | 13 | 9 | 7 | 0 | 29 | 24 | 0 | 0 | 0 | 2 | 1 | 2 |
| Depreciation | 5 | 5 | 8 | 8 | 8 | 8 | 8 | 8 | 7 | 3 | 2 | 2 |
| Profit before tax | -7 | -63 | 0 | -157 | -32 | -132 | -27 | -24 | -5 | 3 | 0 | 18 |
| Tax % | 102% | -29% | -8,900% | -29% | 9% | 46% | 0% | 0% | 0% | 0% | 0% | -249% |
| Net Profit | -15 | -45 | 2 | -111 | -35 | -191 | -27 | -24 | -5 | 3 | 0 | 62 |
| EPS in Rs | -1.43 | -4.40 | 0.15 | -6.67 | -1.58 | -8.69 | -1.25 | -1.09 | -0.25 | 0.14 | 0.01 | 2.79 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
YoY Net Profit Growth
| Year | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 |
|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -5650.00% | 68.47% | -445.71% | 85.86% | 11.11% | 79.17% | 160.00% | -100.00% |
| Change in YoY Net Profit Growth (%) | 0.00% | 5718.47% | -514.18% | 531.58% | -74.75% | 68.06% | 80.83% | -260.00% |
MIC Electronics Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2015-2016 to 2022-2023.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -5% |
| 5 Years: | 62% |
| 3 Years: | 269% |
| TTM: | 138% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 32% |
| 3 Years: | 130% |
| TTM: | 21138% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 160% |
| 3 Years: | 44% |
| 1 Year: | 46% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 37% |
| Last Year: | 88% |
Last Updated: Unknown
Balance Sheet
Last Updated: December 14, 2024, 3:09 pm
| Month | Jun 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 20 | 20 | 24 | 33 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 48 |
| Reserves | 324 | 279 | 286 | 198 | 69 | -121 | -148 | -172 | -39 | 18 | 19 | 168 |
| Borrowings | 154 | 158 | 161 | 157 | 104 | 117 | 117 | 135 | 33 | 8 | 17 | 43 |
| Other Liabilities | 122 | 118 | 122 | 98 | 125 | 160 | 165 | 154 | 27 | 4 | 8 | 25 |
| Total Liabilities | 621 | 576 | 593 | 486 | 342 | 200 | 178 | 161 | 65 | 75 | 87 | 284 |
| Fixed Assets | 150 | 145 | 128 | 120 | 93 | 90 | 82 | 75 | 46 | 47 | 43 | 28 |
| CWIP | 49 | 17 | 17 | 17 | 7 | 2 | 2 | 2 | 0 | 5 | 10 | 0 |
| Investments | 8 | 8 | 6 | 7 | 7 | 7 | 7 | 8 | 8 | 0 | 0 | 0 |
| Other Assets | 414 | 405 | 442 | 341 | 236 | 102 | 87 | 76 | 11 | 23 | 34 | 256 |
| Total Assets | 621 | 576 | 593 | 486 | 342 | 200 | 178 | 161 | 65 | 75 | 87 | 284 |
Below is a detailed analysis of the balance sheet data for MIC Electronics Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2024, the value is ₹48.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹44.00 Cr. (Mar 2023) to ₹48.00 Cr., marking an increase of 4.00 Cr..
- For Reserves, as of Sep 2024, the value is ₹168.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹19.00 Cr. (Mar 2023) to ₹168.00 Cr., marking an increase of 149.00 Cr..
- For Borrowings, as of Sep 2024, the value is ₹43.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from ₹17.00 Cr. (Mar 2023) to ₹43.00 Cr., marking an increase of 26.00 Cr..
- For Other Liabilities, as of Sep 2024, the value is ₹25.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹8.00 Cr. (Mar 2023) to ₹25.00 Cr., marking an increase of 17.00 Cr..
- For Total Liabilities, as of Sep 2024, the value is ₹284.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹87.00 Cr. (Mar 2023) to ₹284.00 Cr., marking an increase of 197.00 Cr..
- For Fixed Assets, as of Sep 2024, the value is ₹28.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹43.00 Cr. (Mar 2023) to ₹28.00 Cr., marking a decrease of 15.00 Cr..
- For CWIP, as of Sep 2024, the value is ₹0.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹10.00 Cr. (Mar 2023) to ₹0.00 Cr., marking a decrease of 10.00 Cr..
- For Investments, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2023) which recorded ₹0.00 Cr..
- For Other Assets, as of Sep 2024, the value is ₹256.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹34.00 Cr. (Mar 2023) to ₹256.00 Cr., marking an increase of 222.00 Cr..
- For Total Assets, as of Sep 2024, the value is ₹284.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹87.00 Cr. (Mar 2023) to ₹284.00 Cr., marking an increase of 197.00 Cr..
Notably, the Reserves (₹168.00 Cr.) exceed the Borrowings (43.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Jun 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Jun 2013n n 9m | Mar 2014n n 9m | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 6.00 | 4.00 | -150.00 | -113.00 | -102.00 | -121.00 | -137.00 | -152.00 | -35.00 | -1.00 | -15.00 | 12.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Sep 2012 | Jun 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 296 | 556 | 359 | 262 | 167 | 57 | 78 | 1,466 | 1,866 | 1,326 | 11 | 45 |
| Inventory Days | 1,182 | 1,217 | 877 | 546 | 184 | 241 | 134 | 7,084 | 30,641 | 972 | 96 | 383 |
| Days Payable | 290 | 498 | 333 | 190 | 149 | 84 | 150 | 8,344 | 37,323 | 817 | 6 | 14 |
| Cash Conversion Cycle | 1,187 | 1,275 | 903 | 618 | 201 | 214 | 62 | 206 | -4,815 | 1,480 | 101 | 414 |
| Working Capital Days | 817 | 1,103 | 706 | 528 | 183 | -25 | -397 | -14,492 | -40,419 | -7,598 | 146 | 390 |
| ROCE % | 6% | 0% | 1% | 10% | -1% | -14% | 20% | 1% |
This stock is not held by any mutual fund
Key Financial Ratios
| Month | Mar 23 | Mar 22 | Mar 21 | Mar 20 | Mar 19 |
|---|---|---|---|---|---|
| FaceValue | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Basic EPS (Rs.) | 0.01 | 0.13 | -0.25 | -1.09 | -1.25 |
| Diluted EPS (Rs.) | 0.01 | 0.13 | -0.25 | -1.09 | -1.10 |
| Cash EPS (Rs.) | 0.11 | 0.26 | 0.06 | -0.74 | -0.90 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 2.89 | 2.88 | 0.22 | -5.81 | -4.74 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 2.89 | 2.88 | 0.22 | -5.81 | -4.74 |
| Revenue From Operations / Share (Rs.) | 1.03 | 2.03 | 0.04 | 0.08 | 0.21 |
| PBDIT / Share (Rs.) | 0.15 | 0.34 | 0.06 | -0.73 | -0.88 |
| PBIT / Share (Rs.) | 0.04 | 0.21 | -0.24 | -1.08 | -1.23 |
| PBT / Share (Rs.) | 0.01 | 0.13 | -0.24 | -1.09 | -1.25 |
| Net Profit / Share (Rs.) | 0.01 | 0.13 | -0.24 | -1.09 | -1.25 |
| NP After MI And SOA / Share (Rs.) | 0.01 | 0.13 | -0.24 | -1.09 | -1.25 |
| PBDIT Margin (%) | 14.95 | 17.08 | 137.31 | -872.81 | -402.74 |
| PBIT Margin (%) | 4.59 | 10.60 | -488.88 | -1277.97 | -561.14 |
| PBT Margin (%) | 1.14 | 6.74 | -497.06 | -1288.78 | -568.22 |
| Net Profit Margin (%) | 1.06 | 6.59 | -497.06 | -1288.78 | -568.22 |
| NP After MI And SOA Margin (%) | 1.06 | 6.59 | -497.06 | -1288.78 | -568.22 |
| Return on Networth / Equity (%) | 0.38 | 4.71 | -108.17 | 0.00 | 0.00 |
| Return on Capital Employeed (%) | 1.59 | 7.19 | -17.13 | 18.88 | 26.54 |
| Return On Assets (%) | 0.27 | 3.94 | -8.33 | -14.91 | -15.43 |
| Long Term Debt / Equity (X) | 0.02 | 0.03 | 5.21 | 0.00 | 0.00 |
| Total Debt / Equity (X) | 0.25 | 0.11 | 5.55 | -0.11 | -0.14 |
| Asset Turnover Ratio (%) | 0.07 | 0.48 | 0.01 | 0.01 | 0.02 |
| Current Ratio (X) | 1.52 | 2.60 | 0.31 | 0.22 | 0.26 |
| Quick Ratio (X) | 0.78 | 1.72 | 0.25 | 0.05 | 0.09 |
| Inventory Turnover Ratio (X) | 0.70 | 8.50 | 0.01 | 0.01 | 0.04 |
| Interest Coverage Ratio (X) | 4.34 | 4.43 | 16.77 | -80.73 | -321.98 |
| Interest Coverage Ratio (Post Tax) (X) | 1.31 | 2.71 | -59.72 | -118.20 | -448.61 |
| Enterprise Value (Cr.) | 278.18 | 378.10 | 41.21 | 23.25 | 0.00 |
| EV / Net Operating Revenue (X) | 12.14 | 8.41 | 37.82 | 12.51 | 0.00 |
| EV / EBITDA (X) | 81.18 | 49.24 | 27.54 | -1.43 | 0.00 |
| MarketCap / Net Operating Revenue (X) | 11.44 | 8.25 | 13.34 | 5.45 | 0.00 |
| Price / BV (X) | 4.16 | 5.91 | 2.90 | -0.07 | 0.00 |
| Price / Net Operating Revenue (X) | 11.44 | 8.25 | 13.36 | 5.46 | 0.00 |
| EarningsYield | 0.00 | 0.01 | -0.37 | -2.36 | 0.00 |
After reviewing the key financial ratios for MIC Electronics Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 23, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 22) which recorded 2.00.
- For Basic EPS (Rs.), as of Mar 23, the value is 0.01. This value is below the healthy minimum of 5. It has decreased from 0.13 (Mar 22) to 0.01, marking a decrease of 0.12.
- For Diluted EPS (Rs.), as of Mar 23, the value is 0.01. This value is below the healthy minimum of 5. It has decreased from 0.13 (Mar 22) to 0.01, marking a decrease of 0.12.
- For Cash EPS (Rs.), as of Mar 23, the value is 0.11. This value is below the healthy minimum of 3. It has decreased from 0.26 (Mar 22) to 0.11, marking a decrease of 0.15.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 23, the value is 2.89. It has increased from 2.88 (Mar 22) to 2.89, marking an increase of 0.01.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 23, the value is 2.89. It has increased from 2.88 (Mar 22) to 2.89, marking an increase of 0.01.
- For Revenue From Operations / Share (Rs.), as of Mar 23, the value is 1.03. It has decreased from 2.03 (Mar 22) to 1.03, marking a decrease of 1.00.
- For PBDIT / Share (Rs.), as of Mar 23, the value is 0.15. This value is below the healthy minimum of 2. It has decreased from 0.34 (Mar 22) to 0.15, marking a decrease of 0.19.
- For PBIT / Share (Rs.), as of Mar 23, the value is 0.04. This value is within the healthy range. It has decreased from 0.21 (Mar 22) to 0.04, marking a decrease of 0.17.
- For PBT / Share (Rs.), as of Mar 23, the value is 0.01. This value is within the healthy range. It has decreased from 0.13 (Mar 22) to 0.01, marking a decrease of 0.12.
- For Net Profit / Share (Rs.), as of Mar 23, the value is 0.01. This value is below the healthy minimum of 2. It has decreased from 0.13 (Mar 22) to 0.01, marking a decrease of 0.12.
- For NP After MI And SOA / Share (Rs.), as of Mar 23, the value is 0.01. This value is below the healthy minimum of 2. It has decreased from 0.13 (Mar 22) to 0.01, marking a decrease of 0.12.
- For PBDIT Margin (%), as of Mar 23, the value is 14.95. This value is within the healthy range. It has decreased from 17.08 (Mar 22) to 14.95, marking a decrease of 2.13.
- For PBIT Margin (%), as of Mar 23, the value is 4.59. This value is below the healthy minimum of 10. It has decreased from 10.60 (Mar 22) to 4.59, marking a decrease of 6.01.
- For PBT Margin (%), as of Mar 23, the value is 1.14. This value is below the healthy minimum of 10. It has decreased from 6.74 (Mar 22) to 1.14, marking a decrease of 5.60.
- For Net Profit Margin (%), as of Mar 23, the value is 1.06. This value is below the healthy minimum of 5. It has decreased from 6.59 (Mar 22) to 1.06, marking a decrease of 5.53.
- For NP After MI And SOA Margin (%), as of Mar 23, the value is 1.06. This value is below the healthy minimum of 8. It has decreased from 6.59 (Mar 22) to 1.06, marking a decrease of 5.53.
- For Return on Networth / Equity (%), as of Mar 23, the value is 0.38. This value is below the healthy minimum of 15. It has decreased from 4.71 (Mar 22) to 0.38, marking a decrease of 4.33.
- For Return on Capital Employeed (%), as of Mar 23, the value is 1.59. This value is below the healthy minimum of 10. It has decreased from 7.19 (Mar 22) to 1.59, marking a decrease of 5.60.
- For Return On Assets (%), as of Mar 23, the value is 0.27. This value is below the healthy minimum of 5. It has decreased from 3.94 (Mar 22) to 0.27, marking a decrease of 3.67.
- For Long Term Debt / Equity (X), as of Mar 23, the value is 0.02. This value is below the healthy minimum of 0.2. It has decreased from 0.03 (Mar 22) to 0.02, marking a decrease of 0.01.
- For Total Debt / Equity (X), as of Mar 23, the value is 0.25. This value is within the healthy range. It has increased from 0.11 (Mar 22) to 0.25, marking an increase of 0.14.
- For Asset Turnover Ratio (%), as of Mar 23, the value is 0.07. It has decreased from 0.48 (Mar 22) to 0.07, marking a decrease of 0.41.
- For Current Ratio (X), as of Mar 23, the value is 1.52. This value is within the healthy range. It has decreased from 2.60 (Mar 22) to 1.52, marking a decrease of 1.08.
- For Quick Ratio (X), as of Mar 23, the value is 0.78. This value is below the healthy minimum of 1. It has decreased from 1.72 (Mar 22) to 0.78, marking a decrease of 0.94.
- For Inventory Turnover Ratio (X), as of Mar 23, the value is 0.70. This value is below the healthy minimum of 4. It has decreased from 8.50 (Mar 22) to 0.70, marking a decrease of 7.80.
- For Interest Coverage Ratio (X), as of Mar 23, the value is 4.34. This value is within the healthy range. It has decreased from 4.43 (Mar 22) to 4.34, marking a decrease of 0.09.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 23, the value is 1.31. This value is below the healthy minimum of 3. It has decreased from 2.71 (Mar 22) to 1.31, marking a decrease of 1.40.
- For Enterprise Value (Cr.), as of Mar 23, the value is 278.18. It has decreased from 378.10 (Mar 22) to 278.18, marking a decrease of 99.92.
- For EV / Net Operating Revenue (X), as of Mar 23, the value is 12.14. This value exceeds the healthy maximum of 3. It has increased from 8.41 (Mar 22) to 12.14, marking an increase of 3.73.
- For EV / EBITDA (X), as of Mar 23, the value is 81.18. This value exceeds the healthy maximum of 15. It has increased from 49.24 (Mar 22) to 81.18, marking an increase of 31.94.
- For MarketCap / Net Operating Revenue (X), as of Mar 23, the value is 11.44. This value exceeds the healthy maximum of 3. It has increased from 8.25 (Mar 22) to 11.44, marking an increase of 3.19.
- For Price / BV (X), as of Mar 23, the value is 4.16. This value exceeds the healthy maximum of 3. It has decreased from 5.91 (Mar 22) to 4.16, marking a decrease of 1.75.
- For Price / Net Operating Revenue (X), as of Mar 23, the value is 11.44. This value exceeds the healthy maximum of 3. It has increased from 8.25 (Mar 22) to 11.44, marking an increase of 3.19.
- For EarningsYield, as of Mar 23, the value is 0.00. This value is below the healthy minimum of 5. It has decreased from 0.01 (Mar 22) to 0.00, marking a decrease of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in MIC Electronics Ltd:
- Net Profit Margin: 1.06%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 1.59% (Industry Average ROCE: 10.57%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 0.38% (Industry Average ROE: 20.37%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 1.31
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.78
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 25.6 (Industry average Stock P/E: 37.66)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.25
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 1.06%
About the Company - Qualitative Analysis
MIC Electronics Ltd. is a Public Limited Listed company incorporated on 17/05/1988 and has its registered office in the State of Telangana, India. Company's Corporate Identification Number(CIN) is L31909TG1988PLC008652 and registration number is 008652. Currently company belongs to the Industry of Electronics - Equipment/Components. Company's Total Operating Revenue is Rs. 54.57 Cr. and Equity Capital is Rs. 44.29 Cr. for the Year ended 31/03/2024.
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Electronics - Equipment/Components | Plot No. 192/B, Phase-II, IDA, Cherlapally, Hyderabad Telangana 500051 | cs@mic.co.in http://www.mic.co.in |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Kaushik Yalamanchili | Managing Director |
| Mr. Siva Lakshmanarao Kakarala | Non Executive Director |
| Mr. Sivanand Swamy Mitikiri | Whole Time Director |
| Mrs. Karuna Gayathri Upadhyayula | Independent Director |
| Mr. Srinivas Rao Kolli | Independent Director |
| Mrs. Sabitha Ghanta | Independent Director |
| Mr. Subhash Lingareddi Somod | Independent Director |
FAQ
What is the latest intrinsic value of MIC Electronics Ltd?
The latest intrinsic value of MIC Electronics Ltd as on 12 March 2025 is 163.96, which is 180.27% higher than the current market price of 58.50, indicating the stock is undervalued by 180.27%. The intrinsic value of MIC Electronics Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹1,411 Cr. and recorded a high/low of ₹115/36.8 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹168 Cr and total liabilities of ₹284 Cr.
What is the Market Cap of MIC Electronics Ltd?
The Market Cap of MIC Electronics Ltd is 1,411 Cr..
What is the current Stock Price of MIC Electronics Ltd as on 12 March 2025?
The current stock price of MIC Electronics Ltd as on 12 March 2025 is ₹58.5.
What is the High / Low of MIC Electronics Ltd stocks in FY 2024-2025?
In FY 2024-2025, the High / Low of MIC Electronics Ltd stocks is ₹115/36.8.
What is the Stock P/E of MIC Electronics Ltd?
The Stock P/E of MIC Electronics Ltd is 25.6.
What is the Book Value of MIC Electronics Ltd?
The Book Value of MIC Electronics Ltd is 8.96.
What is the Dividend Yield of MIC Electronics Ltd?
The Dividend Yield of MIC Electronics Ltd is 0.00 %.
What is the ROCE of MIC Electronics Ltd?
The ROCE of MIC Electronics Ltd is 15.8 %.
What is the ROE of MIC Electronics Ltd?
The ROE of MIC Electronics Ltd is 87.6 %.
What is the Face Value of MIC Electronics Ltd?
The Face Value of MIC Electronics Ltd is 2.00.