Share Price and Basic Stock Data
Last Updated: November 3, 2025, 9:25 pm
| PEG Ratio | 5.82 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
MIC Electronics Ltd operates within the Electronics Equipment and Components industry, with its stock currently priced at ₹55.9 and a market capitalization of ₹1,347 Cr. The company has exhibited a fluctuating revenue trend over recent quarters, with sales reported at ₹2.42 Cr in June 2022, peaking at ₹22.96 Cr by March 2024. The most recent quarter’s sales stood at ₹10.31 Cr in September 2023. Annual sales have shown a significant recovery, rising from ₹22.91 Cr in March 2023 to ₹54.57 Cr in March 2024, and are on track to reach ₹94.76 Cr by March 2025. The operating profit margin (OPM) is robust at 35.40%, indicating a strong ability to convert sales into profits. This suggests that the company is effectively managing its cost structure relative to its sales growth, which is a positive sign for potential investors.
Profitability and Efficiency Metrics
Profitability metrics for MIC Electronics indicate improvement, with a net profit of ₹9.54 Cr and a considerable P/E ratio of 141. The company reported a net profit of ₹49.59 Cr in March 2024, a significant rebound from a mere ₹0.26 Cr in March 2023. The return on equity (ROE) stood at 5.57%, while the return on capital employed (ROCE) was recorded at 8.71%, reflecting a decent return on investments made in the business. However, the interest coverage ratio (ICR) of 4.18x suggests that the company has a comfortable buffer to cover its interest obligations, further strengthening its financial stability. The cash conversion cycle (CCC) is at 180.01 days, indicating the time taken to convert investments in inventory and other resources into cash flows from sales. This is a relatively high figure compared to industry norms, which can impact liquidity.
Balance Sheet Strength and Financial Ratios
On the balance sheet front, MIC Electronics showcases a total borrowing of ₹47.91 Cr against reserves of ₹174.39 Cr, indicating a manageable debt level relative to its equity base. The company has a debt-to-equity ratio of 0.19, which is favorable compared to industry averages, suggesting low financial leverage. The book value per share increased to ₹9.24 in March 2025 from ₹2.89 in March 2023, highlighting an improvement in shareholder equity. The current ratio stands at 2.22, indicating good short-term liquidity, while the quick ratio is at 2.01, also reflecting strong liquidity management. However, the company’s asset turnover ratio of 0.00 raises concerns about operational efficiency, indicating that the company may not be utilizing its assets effectively to generate revenue.
Shareholding Pattern and Investor Confidence
The shareholding pattern of MIC Electronics reflects a diverse ownership structure, with promoters holding 58.01% of the equity. This is down from a high of 74.63% in December 2022, suggesting a gradual dilution of promoter stake, which could signal a shift in their confidence in the company. Foreign institutional investors (FIIs) account for a mere 0.16%, while the public holds 41.82%, showing limited institutional interest. The number of shareholders has grown significantly, from 61,428 in December 2022 to 240,201 in March 2025, indicating increasing retail investor interest. This uptick in public participation may enhance liquidity and marketability of the stock, although low FII participation could limit broader institutional confidence.
Outlook, Risks, and Final Insight
The outlook for MIC Electronics appears cautiously optimistic, supported by recovering revenue and profitability metrics. However, risks remain, particularly the high cash conversion cycle, which could strain liquidity if not managed effectively. Additionally, the declining promoter stake may raise concerns about future strategic direction and commitment to the company’s growth. The company must address operational efficiency to optimize asset utilization, which could enhance profitability further. Overall, while the company shows signs of recovery and potential growth, it must navigate its liquidity challenges and maintain investor confidence to capitalize on its market position. The focus should be on maintaining strong operational performance and enhancing shareholder value to attract institutional investments in the future.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
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 | 53.2 Cr. | 104 | 161/70.0 | 59.8 | 32.6 | 0.96 % | 7.61 % | 4.95 % | 10.0 |
| Gujarat Poly Electronics Ltd | 68.0 Cr. | 79.6 | 112/71.9 | 15.3 | 13.2 | 0.00 % | 12.5 % | 20.8 % | 10.0 |
| Cosmo Ferrites Ltd | 254 Cr. | 212 | 385/196 | 20.5 | 0.00 % | 0.74 % | 20.5 % | 10.0 | |
| BCC Fuba India Ltd | 246 Cr. | 161 | 219/75.1 | 58.7 | 15.1 | 0.00 % | 18.7 % | 17.4 % | 10.0 |
| PG Electroplast Ltd | 16,347 Cr. | 576 | 1,055/465 | 60.3 | 99.9 | 0.04 % | 19.4 % | 14.9 % | 1.00 |
| Industry Average | 3,815.00 Cr | 1,191.53 | 86.24 | 157.77 | 0.18% | 11.17% | 15.55% | 7.92 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2.42 | 2.08 | 7.40 | 11.01 | 8.26 | 10.31 | 17.49 | 22.96 | 10.71 | 27.46 | 11.75 | 44.85 | 11.61 |
| Expenses | 3.16 | 2.60 | 7.07 | 8.60 | 6.16 | 7.32 | 14.90 | 17.55 | 8.12 | 23.82 | 8.30 | 36.49 | 7.50 |
| Operating Profit | -0.74 | -0.52 | 0.33 | 2.41 | 2.10 | 2.99 | 2.59 | 5.41 | 2.59 | 3.64 | 3.45 | 8.36 | 4.11 |
| OPM % | -30.58% | -25.00% | 4.46% | 21.89% | 25.42% | 29.00% | 14.81% | 23.56% | 24.18% | 13.26% | 29.36% | 18.64% | 35.40% |
| Other Income | 0.24 | 1.26 | -0.28 | 0.72 | 0.22 | 6.78 | 0.82 | 0.86 | 0.22 | 0.23 | 0.49 | 0.31 | 0.14 |
| Interest | 0.12 | 0.21 | 0.30 | 0.16 | 0.54 | 0.48 | 0.35 | 0.42 | 0.46 | 1.35 | 1.38 | 1.42 | 1.67 |
| Depreciation | 0.62 | 0.54 | 0.67 | 0.54 | 0.55 | 0.38 | 0.35 | 0.37 | 0.39 | 0.39 | 0.39 | 0.44 | 0.91 |
| Profit before tax | -1.24 | -0.01 | -0.92 | 2.43 | 1.23 | 8.91 | 2.71 | 5.48 | 1.96 | 2.13 | 2.17 | 6.81 | 1.67 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | -0.81% | 1.23% | 0.00% | -804.93% | 0.00% | 0.00% | 0.00% | 47.58% | 0.00% |
| Net Profit | -1.24 | -0.01 | -0.92 | 2.43 | 1.24 | 8.80 | 2.71 | 49.59 | 1.97 | 2.13 | 2.17 | 3.57 | 1.67 |
| EPS in Rs | -0.06 | -0.00 | -0.04 | 0.11 | 0.06 | 0.39 | 0.12 | 2.24 | 0.08 | 0.09 | 0.09 | 0.15 | 0.07 |
Last Updated: August 1, 2025, 5:05 pm
Below is a detailed analysis of the quarterly data for MIC Electronics Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 11.61 Cr.. The value appears to be declining and may need further review. It has decreased from 44.85 Cr. (Mar 2025) to 11.61 Cr., marking a decrease of 33.24 Cr..
- For Expenses, as of Jun 2025, the value is 7.50 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 36.49 Cr. (Mar 2025) to 7.50 Cr., marking a decrease of 28.99 Cr..
- For Operating Profit, as of Jun 2025, the value is 4.11 Cr.. The value appears to be declining and may need further review. It has decreased from 8.36 Cr. (Mar 2025) to 4.11 Cr., marking a decrease of 4.25 Cr..
- For OPM %, as of Jun 2025, the value is 35.40%. The value appears strong and on an upward trend. It has increased from 18.64% (Mar 2025) to 35.40%, marking an increase of 16.76%.
- For Other Income, as of Jun 2025, the value is 0.14 Cr.. The value appears to be declining and may need further review. It has decreased from 0.31 Cr. (Mar 2025) to 0.14 Cr., marking a decrease of 0.17 Cr..
- For Interest, as of Jun 2025, the value is 1.67 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1.42 Cr. (Mar 2025) to 1.67 Cr., marking an increase of 0.25 Cr..
- For Depreciation, as of Jun 2025, the value is 0.91 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.44 Cr. (Mar 2025) to 0.91 Cr., marking an increase of 0.47 Cr..
- For Profit before tax, as of Jun 2025, the value is 1.67 Cr.. The value appears to be declining and may need further review. It has decreased from 6.81 Cr. (Mar 2025) to 1.67 Cr., marking a decrease of 5.14 Cr..
- For Tax %, as of Jun 2025, the value is 0.00%. The value appears to be improving (decreasing) as expected. It has decreased from 47.58% (Mar 2025) to 0.00%, marking a decrease of 47.58%.
- For Net Profit, as of Jun 2025, the value is 1.67 Cr.. The value appears to be declining and may need further review. It has decreased from 3.57 Cr. (Mar 2025) to 1.67 Cr., marking a decrease of 1.90 Cr..
- For EPS in Rs, as of Jun 2025, the value is 0.07. The value appears to be declining and may need further review. It has decreased from 0.15 (Mar 2025) to 0.07, marking a decrease of 0.08.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 4:51 am
| Metric | Mar 2014n n 9m | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 91.83 | 150.45 | 206.75 | 217.93 | 158.62 | 4.84 | 1.86 | 1.09 | 44.95 | 22.91 | 54.57 | 94.76 | 95.67 |
| Expenses | 88.19 | 139.69 | 162.87 | 215.75 | 162.94 | 24.56 | 18.95 | 2.73 | 38.27 | 21.41 | 42.09 | 76.50 | 76.11 |
| Operating Profit | 3.64 | 10.76 | 43.88 | 2.18 | -4.32 | -19.72 | -17.09 | -1.64 | 6.68 | 1.50 | 12.48 | 18.26 | 19.56 |
| OPM % | 3.96% | 7.15% | 21.22% | 1.00% | -2.72% | -407.44% | -918.82% | -150.46% | 14.86% | 6.55% | 22.87% | 19.27% | 20.45% |
| Other Income | -53.16 | 3.60 | -192.76 | 2.15 | -95.02 | 0.38 | 1.00 | 3.14 | 1.31 | 1.94 | 8.61 | 1.24 | 1.17 |
| Interest | 9.28 | 6.51 | 0.47 | 28.52 | 24.42 | 0.49 | 0.33 | 0.09 | 2.05 | 0.80 | 1.82 | 4.83 | 5.82 |
| Depreciation | 4.60 | 7.83 | 7.51 | 7.81 | 7.75 | 7.66 | 7.53 | 6.82 | 2.91 | 2.37 | 1.54 | 1.61 | 2.13 |
| Profit before tax | -63.40 | 0.02 | -156.86 | -32.00 | -131.51 | -27.49 | -23.95 | -5.41 | 3.03 | 0.27 | 17.73 | 13.06 | 12.78 |
| Tax % | -28.91% | -8,900.00% | -29.31% | 9.06% | 45.51% | 0.00% | 0.00% | 0.00% | 0.33% | 0.00% | -248.79% | 24.81% | |
| Net Profit | -45.06 | 1.80 | -110.89 | -34.90 | -191.36 | -27.49 | -23.95 | -5.42 | 3.01 | 0.26 | 61.84 | 9.83 | 9.54 |
| EPS in Rs | -4.40 | 0.15 | -6.67 | -1.58 | -8.69 | -1.25 | -1.09 | -0.25 | 0.14 | 0.01 | 2.79 | 0.41 | 0.40 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
YoY Net Profit Growth
| Year | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -6260.56% | 68.53% | -448.31% | 85.63% | 12.88% | 77.37% | 155.54% | -91.36% | 23684.62% | -84.10% |
| Change in YoY Net Profit Growth (%) | 0.00% | 6329.08% | -516.84% | 533.94% | -72.76% | 64.49% | 78.17% | -246.90% | 23775.98% | -23768.72% |
MIC Electronics Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2015-2016 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -5% |
| 5 Years: | 119% |
| 3 Years: | 28% |
| TTM: | 56% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 31% |
| 5 Years: | 19% |
| 3 Years: | 48% |
| TTM: | -83% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 148% |
| 3 Years: | 52% |
| 1 Year: | -35% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 20% |
| Last Year: | 6% |
Last Updated: Unknown
Balance Sheet
Last Updated: October 10, 2025, 2:32 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 20.50 | 23.78 | 33.23 | 44.05 | 44.05 | 44.05 | 44.05 | 44.05 | 44.29 | 44.29 | 44.29 | 48.20 |
| Reserves | 279.06 | 286.12 | 197.51 | 69.34 | -121.40 | -148.48 | -171.94 | -39.04 | 18.49 | 18.73 | 77.67 | 174.39 |
| Borrowings | 158.39 | 161.04 | 156.62 | 103.62 | 117.17 | 117.17 | 134.64 | 32.85 | 7.88 | 16.56 | 11.65 | 47.91 |
| Other Liabilities | 117.56 | 121.93 | 98.18 | 124.99 | 160.39 | 165.40 | 153.86 | 27.09 | 4.42 | 7.82 | 7.14 | 43.49 |
| Total Liabilities | 575.51 | 592.87 | 485.54 | 342.00 | 200.21 | 178.14 | 160.61 | 64.95 | 75.08 | 87.40 | 140.75 | 313.99 |
| Fixed Assets | 144.98 | 127.50 | 120.26 | 92.54 | 89.80 | 82.14 | 74.61 | 46.33 | 47.07 | 43.42 | 25.87 | 46.85 |
| CWIP | 17.24 | 17.24 | 17.24 | 6.65 | 1.83 | 1.83 | 1.83 | 0.00 | 4.62 | 9.85 | 0.10 | 1.87 |
| Investments | 8.11 | 6.43 | 6.79 | 6.67 | 6.70 | 7.12 | 7.75 | 7.52 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 405.18 | 441.70 | 341.25 | 236.14 | 101.88 | 87.05 | 76.42 | 11.10 | 23.39 | 34.13 | 114.78 | 265.27 |
| Total Assets | 575.51 | 592.87 | 485.54 | 342.00 | 200.21 | 178.14 | 160.61 | 64.95 | 75.08 | 87.40 | 140.75 | 313.99 |
Below is a detailed analysis of the balance sheet data for MIC Electronics Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 48.20 Cr.. The value appears strong and on an upward trend. It has increased from 44.29 Cr. (Mar 2024) to 48.20 Cr., marking an increase of 3.91 Cr..
- For Reserves, as of Mar 2025, the value is 174.39 Cr.. The value appears strong and on an upward trend. It has increased from 77.67 Cr. (Mar 2024) to 174.39 Cr., marking an increase of 96.72 Cr..
- For Borrowings, as of Mar 2025, the value is 47.91 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 11.65 Cr. (Mar 2024) to 47.91 Cr., marking an increase of 36.26 Cr..
- For Other Liabilities, as of Mar 2025, the value is 43.49 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 7.14 Cr. (Mar 2024) to 43.49 Cr., marking an increase of 36.35 Cr..
- For Total Liabilities, as of Mar 2025, the value is 313.99 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 140.75 Cr. (Mar 2024) to 313.99 Cr., marking an increase of 173.24 Cr..
- For Fixed Assets, as of Mar 2025, the value is 46.85 Cr.. The value appears strong and on an upward trend. It has increased from 25.87 Cr. (Mar 2024) to 46.85 Cr., marking an increase of 20.98 Cr..
- For CWIP, as of Mar 2025, the value is 1.87 Cr.. The value appears strong and on an upward trend. It has increased from 0.10 Cr. (Mar 2024) to 1.87 Cr., marking an increase of 1.77 Cr..
- For Investments, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
- For Other Assets, as of Mar 2025, the value is 265.27 Cr.. The value appears strong and on an upward trend. It has increased from 114.78 Cr. (Mar 2024) to 265.27 Cr., marking an increase of 150.49 Cr..
- For Total Assets, as of Mar 2025, the value is 313.99 Cr.. The value appears strong and on an upward trend. It has increased from 140.75 Cr. (Mar 2024) to 313.99 Cr., marking an increase of 173.24 Cr..
Notably, the Reserves (174.39 Cr.) exceed the Borrowings (47.91 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 - No data available for this post.
Free Cash Flow
| Month | Mar 2014n n 9m | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 3.64 | -150.28 | -112.74 | -101.44 | -121.49 | -136.89 | -151.73 | -34.49 | -1.20 | -15.06 | 0.83 | -29.65 |
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 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 358.56 | 261.92 | 166.60 | 57.01 | 77.66 | 1,466.03 | 1,866.21 | 1,326.06 | 10.96 | 44.93 | 169.36 | 323.98 |
| Inventory Days | 876.88 | 546.46 | 183.78 | 240.70 | 133.90 | 7,084.12 | 30,641.44 | 971.62 | 95.88 | 382.73 | 99.92 | 99.96 |
| Days Payable | 332.77 | 190.46 | 149.00 | 84.15 | 149.71 | 8,343.87 | 37,322.80 | 817.39 | 6.21 | 14.09 | 41.91 | 243.93 |
| Cash Conversion Cycle | 902.67 | 617.92 | 201.39 | 213.56 | 61.85 | 206.29 | -4,815.15 | 1,480.28 | 100.63 | 413.57 | 227.36 | 180.01 |
| Working Capital Days | 306.73 | 287.22 | 15.96 | -42.11 | -430.72 | -15,612.80 | -43,260.35 | -8,167.29 | 107.51 | 161.39 | 233.63 | 314.39 |
| ROCE % | 0.12% | 1.16% | 9.28% | -1.17% | -8.50% | -101.67% | -242.38% | -23.85% | 9.28% | 1.41% | 11.91% | 8.84% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 25 | Mar 23 | Mar 22 | Mar 21 | Mar 20 |
|---|---|---|---|---|---|
| FaceValue | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Basic EPS (Rs.) | 0.40 | 0.01 | 0.13 | -0.25 | -1.09 |
| Diluted EPS (Rs.) | 0.40 | 0.01 | 0.13 | -0.25 | -1.09 |
| Cash EPS (Rs.) | 0.47 | 0.11 | 0.26 | 0.06 | -0.74 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 9.24 | 2.89 | 2.88 | 0.22 | -5.81 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 9.24 | 2.89 | 2.88 | 0.22 | -5.81 |
| Revenue From Operations / Share (Rs.) | 3.93 | 1.03 | 2.03 | 0.04 | 0.08 |
| PBDIT / Share (Rs.) | 0.80 | 0.15 | 0.34 | 0.06 | -0.73 |
| PBIT / Share (Rs.) | 0.73 | 0.04 | 0.21 | -0.24 | -1.08 |
| PBT / Share (Rs.) | 0.54 | 0.01 | 0.13 | -0.24 | -1.09 |
| Net Profit / Share (Rs.) | 0.40 | 0.01 | 0.13 | -0.24 | -1.09 |
| NP After MI And SOA / Share (Rs.) | 0.40 | 0.01 | 0.13 | -0.24 | -1.09 |
| PBDIT Margin (%) | 20.35 | 14.95 | 17.08 | 137.31 | -872.81 |
| PBIT Margin (%) | 18.65 | 4.59 | 10.60 | -488.88 | -1277.97 |
| PBT Margin (%) | 13.78 | 1.14 | 6.74 | -497.06 | -1288.78 |
| Net Profit Margin (%) | 10.37 | 1.06 | 6.59 | -497.06 | -1288.78 |
| NP After MI And SOA Margin (%) | 10.37 | 1.06 | 6.59 | -497.06 | -1288.78 |
| Return on Networth / Equity (%) | 4.41 | 0.38 | 4.71 | -108.17 | 0.00 |
| Return on Capital Employeed (%) | 7.49 | 1.59 | 7.19 | -17.13 | 18.88 |
| Return On Assets (%) | 3.13 | 0.27 | 3.94 | -8.33 | -14.91 |
| Long Term Debt / Equity (X) | 0.05 | 0.02 | 0.03 | 5.21 | 0.00 |
| Total Debt / Equity (X) | 0.19 | 0.25 | 0.11 | 5.55 | -0.11 |
| Asset Turnover Ratio (%) | 0.00 | 0.07 | 0.48 | 0.01 | 0.01 |
| Current Ratio (X) | 2.22 | 1.52 | 2.60 | 0.31 | 0.22 |
| Quick Ratio (X) | 2.01 | 0.78 | 1.72 | 0.25 | 0.05 |
| Inventory Turnover Ratio (X) | 0.00 | 0.70 | 8.50 | 0.01 | 0.01 |
| Interest Coverage Ratio (X) | 4.18 | 4.34 | 4.43 | 16.77 | -80.73 |
| Interest Coverage Ratio (Post Tax) (X) | 3.13 | 1.31 | 2.71 | -59.72 | -118.20 |
| Enterprise Value (Cr.) | 1311.66 | 278.18 | 378.10 | 41.21 | 23.25 |
| EV / Net Operating Revenue (X) | 13.84 | 12.14 | 8.41 | 37.82 | 12.51 |
| EV / EBITDA (X) | 68.02 | 81.18 | 49.24 | 27.54 | -1.43 |
| MarketCap / Net Operating Revenue (X) | 13.53 | 11.44 | 8.25 | 13.34 | 5.45 |
| Price / BV (X) | 5.76 | 4.16 | 5.91 | 2.90 | -0.07 |
| Price / Net Operating Revenue (X) | 13.53 | 11.44 | 8.25 | 13.36 | 5.46 |
| EarningsYield | 0.01 | 0.00 | 0.01 | -0.37 | -2.36 |
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 25, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 2.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 0.40. This value is below the healthy minimum of 5. It has increased from 0.01 (Mar 23) to 0.40, marking an increase of 0.39.
- For Diluted EPS (Rs.), as of Mar 25, the value is 0.40. This value is below the healthy minimum of 5. It has increased from 0.01 (Mar 23) to 0.40, marking an increase of 0.39.
- For Cash EPS (Rs.), as of Mar 25, the value is 0.47. This value is below the healthy minimum of 3. It has increased from 0.11 (Mar 23) to 0.47, marking an increase of 0.36.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 9.24. It has increased from 2.89 (Mar 23) to 9.24, marking an increase of 6.35.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 9.24. It has increased from 2.89 (Mar 23) to 9.24, marking an increase of 6.35.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 3.93. It has increased from 1.03 (Mar 23) to 3.93, marking an increase of 2.90.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 0.80. This value is below the healthy minimum of 2. It has increased from 0.15 (Mar 23) to 0.80, marking an increase of 0.65.
- For PBIT / Share (Rs.), as of Mar 25, the value is 0.73. This value is within the healthy range. It has increased from 0.04 (Mar 23) to 0.73, marking an increase of 0.69.
- For PBT / Share (Rs.), as of Mar 25, the value is 0.54. This value is within the healthy range. It has increased from 0.01 (Mar 23) to 0.54, marking an increase of 0.53.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 0.40. This value is below the healthy minimum of 2. It has increased from 0.01 (Mar 23) to 0.40, marking an increase of 0.39.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 0.40. This value is below the healthy minimum of 2. It has increased from 0.01 (Mar 23) to 0.40, marking an increase of 0.39.
- For PBDIT Margin (%), as of Mar 25, the value is 20.35. This value is within the healthy range. It has increased from 14.95 (Mar 23) to 20.35, marking an increase of 5.40.
- For PBIT Margin (%), as of Mar 25, the value is 18.65. This value is within the healthy range. It has increased from 4.59 (Mar 23) to 18.65, marking an increase of 14.06.
- For PBT Margin (%), as of Mar 25, the value is 13.78. This value is within the healthy range. It has increased from 1.14 (Mar 23) to 13.78, marking an increase of 12.64.
- For Net Profit Margin (%), as of Mar 25, the value is 10.37. This value exceeds the healthy maximum of 10. It has increased from 1.06 (Mar 23) to 10.37, marking an increase of 9.31.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 10.37. This value is within the healthy range. It has increased from 1.06 (Mar 23) to 10.37, marking an increase of 9.31.
- For Return on Networth / Equity (%), as of Mar 25, the value is 4.41. This value is below the healthy minimum of 15. It has increased from 0.38 (Mar 23) to 4.41, marking an increase of 4.03.
- For Return on Capital Employeed (%), as of Mar 25, the value is 7.49. This value is below the healthy minimum of 10. It has increased from 1.59 (Mar 23) to 7.49, marking an increase of 5.90.
- For Return On Assets (%), as of Mar 25, the value is 3.13. This value is below the healthy minimum of 5. It has increased from 0.27 (Mar 23) to 3.13, marking an increase of 2.86.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.05. This value is below the healthy minimum of 0.2. It has increased from 0.02 (Mar 23) to 0.05, marking an increase of 0.03.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.19. This value is within the healthy range. It has decreased from 0.25 (Mar 23) to 0.19, marking a decrease of 0.06.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.00. It has decreased from 0.07 (Mar 23) to 0.00, marking a decrease of 0.07.
- For Current Ratio (X), as of Mar 25, the value is 2.22. This value is within the healthy range. It has increased from 1.52 (Mar 23) to 2.22, marking an increase of 0.70.
- For Quick Ratio (X), as of Mar 25, the value is 2.01. This value exceeds the healthy maximum of 2. It has increased from 0.78 (Mar 23) to 2.01, marking an increase of 1.23.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 4. It has decreased from 0.70 (Mar 23) to 0.00, marking a decrease of 0.70.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 4.18. This value is within the healthy range. It has decreased from 4.34 (Mar 23) to 4.18, marking a decrease of 0.16.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 3.13. This value is within the healthy range. It has increased from 1.31 (Mar 23) to 3.13, marking an increase of 1.82.
- For Enterprise Value (Cr.), as of Mar 25, the value is 1,311.66. It has increased from 278.18 (Mar 23) to 1,311.66, marking an increase of 1,033.48.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 13.84. This value exceeds the healthy maximum of 3. It has increased from 12.14 (Mar 23) to 13.84, marking an increase of 1.70.
- For EV / EBITDA (X), as of Mar 25, the value is 68.02. This value exceeds the healthy maximum of 15. It has decreased from 81.18 (Mar 23) to 68.02, marking a decrease of 13.16.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 13.53. This value exceeds the healthy maximum of 3. It has increased from 11.44 (Mar 23) to 13.53, marking an increase of 2.09.
- For Price / BV (X), as of Mar 25, the value is 5.76. This value exceeds the healthy maximum of 3. It has increased from 4.16 (Mar 23) to 5.76, marking an increase of 1.60.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 13.53. This value exceeds the healthy maximum of 3. It has increased from 11.44 (Mar 23) to 13.53, marking an increase of 2.09.
- For EarningsYield, as of Mar 25, the value is 0.01. This value is below the healthy minimum of 5. It has increased from 0.00 (Mar 23) to 0.01, marking an increase 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: 10.37%
- 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: 7.49% (Industry Average ROCE: 11.17%)
- 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%: 4.41% (Industry Average ROE: 15.55%)
- 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): 3.13
- 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: 2.01
- 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: 136 (Industry average Stock P/E: 86.24)
- 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: 0.19
- 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: 10.37%
About the Company - Qualitative Analysis
| 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 intrinsic value of MIC Electronics Ltd?
MIC Electronics Ltd's intrinsic value (as of 03 November 2025) is 58.60 which is 8.52% higher the current market price of 54.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 1,299 Cr. market cap, FY2025-2026 high/low of 96.6/44.2, reserves of ₹174.39 Cr, and liabilities of 313.99 Cr.
What is the Market Cap of MIC Electronics Ltd?
The Market Cap of MIC Electronics Ltd is 1,299 Cr..
What is the current Stock Price of MIC Electronics Ltd as on 03 November 2025?
The current stock price of MIC Electronics Ltd as on 03 November 2025 is 54.0.
What is the High / Low of MIC Electronics Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of MIC Electronics Ltd stocks is 96.6/44.2.
What is the Stock P/E of MIC Electronics Ltd?
The Stock P/E of MIC Electronics Ltd is 136.
What is the Book Value of MIC Electronics Ltd?
The Book Value of MIC Electronics Ltd is 9.48.
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 8.71 %.
What is the ROE of MIC Electronics Ltd?
The ROE of MIC Electronics Ltd is 5.57 %.
What is the Face Value of MIC Electronics Ltd?
The Face Value of MIC Electronics Ltd is 2.00.