Share Price and Basic Stock Data
Last Updated: November 22, 2025, 9:12 am
| PEG Ratio | 4.92 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
MIC Electronics Ltd operates in the electronics equipment and components industry, focusing on manufacturing LED lighting solutions and electronic products. As of the latest data, the company reported a market capitalization of ₹1,136 Cr and a share price of ₹47.1. Revenue trends illustrate a significant recovery trajectory, with quarterly sales increasing from ₹2.42 Cr in June 2022 to ₹22.96 Cr by March 2024. The company achieved a remarkable spike in sales to ₹44.85 Cr in March 2025, reflecting a strong upward momentum. This growth is contrasted by its annual sales figures, which stood at ₹23 Cr in March 2023 and are projected to reach ₹95 Cr by March 2025. The operating profit margin (OPM) has also shown improvement, rising to 35.40% by June 2025, indicative of enhanced operational efficiency. Overall, MIC Electronics is positioned well, capitalizing on the growing demand for energy-efficient lighting solutions in India.
Profitability and Efficiency Metrics
The profitability metrics for MIC Electronics reveal a recovery from previous losses. The company reported a net profit of ₹10 Cr for the latest fiscal year, with a notable increase in earnings per share (EPS) from ₹0.01 in March 2023 to ₹0.40 in March 2025. The OPM stood at 35.40% as of June 2025, showcasing the company’s ability to manage its costs effectively while increasing sales. Return on equity (ROE) recorded at 5.57% and return on capital employed (ROCE) at 8.71% reflect a moderate return generation capability compared to industry standards. However, the company’s profitability is tempered by a relatively high price-to-earnings (P/E) ratio of 119, suggesting that the stock may be overvalued compared to peers in the electronics sector. MIC Electronics’ cash conversion cycle of 180.01 days indicates potential inefficiencies in managing receivables and inventory, which could impact liquidity if not addressed.
Balance Sheet Strength and Financial Ratios
MIC Electronics’ balance sheet exhibits a mixed picture, characterized by total borrowings of ₹46 Cr against reserves of ₹180 Cr. The total debt-to-equity ratio of 0.19 indicates a conservative approach to leveraging, providing a cushion against financial distress. The interest coverage ratio (ICR) of 4.18x suggests that the company is capable of meeting its interest obligations comfortably. However, the price-to-book value (P/BV) ratio of 5.76x indicates that the stock is trading at a premium relative to its tangible net assets, which may raise concerns among value-oriented investors. Additionally, the company reported a current ratio of 2.22, reflecting a healthy liquidity position, while the quick ratio of 2.01 further emphasizes this strength. The balance sheet’s overall health is vital for sustaining operational growth and funding future expansion initiatives.
Shareholding Pattern and Investor Confidence
The shareholding pattern of MIC Electronics reveals significant changes over recent quarters. Promoters hold 58.01% of the total shares, a decline from 74.63% in December 2022, indicating a gradual dilution of control, which may affect investor perception of stability. Conversely, public shareholding has risen to 41.82%, suggesting growing interest among retail investors. However, foreign institutional investors (FIIs) remain minimal, holding only 0.16% of the shares, which may reflect skepticism regarding the company’s growth potential. The increasing number of shareholders, from 61,428 in December 2022 to 240,201 in September 2025, indicates a rising retail investor base, which can enhance liquidity. This shift in shareholding dynamics may influence the company’s strategic decisions and could be a double-edged sword, potentially leading to volatility in stock performance.
Outlook, Risks, and Final Insight
Looking ahead, MIC Electronics faces both opportunities and challenges. The growing demand for LED and electronic products in India presents a favorable market environment, potentially driving further revenue growth. However, the company must address its cash conversion cycle inefficiencies and manage its high valuation metrics to sustain investor confidence. Risks include fluctuating raw material costs and competition from established players in the electronics sector, which could pressure margins. Additionally, the declining promoter shareholding may raise governance concerns among investors. If MIC Electronics can effectively leverage its operational strengths while navigating these risks, it positions itself for a promising future. However, failure to address these issues could lead to a reassessment of its growth trajectory and valuation in the market.
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 | 46.3 Cr. | 90.2 | 161/70.0 | 52.0 | 32.6 | 1.11 % | 7.61 % | 4.95 % | 10.0 |
| Gujarat Poly Electronics Ltd | 60.8 Cr. | 71.1 | 112/68.6 | 14.1 | 16.9 | 0.00 % | 12.5 % | 20.8 % | 10.0 |
| Cosmo Ferrites Ltd | 182 Cr. | 151 | 385/150 | 20.1 | 0.00 % | 0.74 % | 20.5 % | 10.0 | |
| BCC Fuba India Ltd | 282 Cr. | 184 | 219/76.2 | 59.6 | 16.9 | 0.00 % | 18.7 % | 17.4 % | 10.0 |
| PG Electroplast Ltd | 16,848 Cr. | 591 | 1,055/465 | 66.2 | 102 | 0.04 % | 19.4 % | 14.9 % | 1.00 |
| Industry Average | 3,833.67 Cr | 1,248.98 | 82.04 | 165.67 | 0.19% | 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: November 15, 2025, 4:52 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 | 92 | 150 | 207 | 218 | 159 | 5 | 2 | 1 | 45 | 23 | 55 | 95 | 106 |
| Expenses | 88 | 140 | 163 | 216 | 163 | 25 | 19 | 3 | 38 | 21 | 42 | 76 | 86 |
| Operating Profit | 4 | 11 | 44 | 2 | -4 | -20 | -17 | -2 | 7 | 2 | 12 | 18 | 20 |
| OPM % | 4% | 7% | 21% | 1% | -3% | -407% | -919% | -150% | 15% | 7% | 23% | 19% | 19% |
| Other Income | -53 | 4 | -193 | 2 | -95 | 0 | 1 | 3 | 1 | 2 | 9 | 1 | 1 |
| Interest | 9 | 7 | 0 | 29 | 24 | 0 | 0 | 0 | 2 | 1 | 2 | 5 | 6 |
| Depreciation | 5 | 8 | 8 | 8 | 8 | 8 | 8 | 7 | 3 | 2 | 2 | 2 | 3 |
| Profit before tax | -63 | 0 | -157 | -32 | -132 | -27 | -24 | -5 | 3 | 0 | 18 | 13 | 13 |
| Tax % | -29% | -8,900% | -29% | 9% | 46% | 0% | 0% | 0% | 0% | 0% | -249% | 25% | |
| Net Profit | -45 | 2 | -111 | -35 | -191 | -27 | -24 | -5 | 3 | 0 | 62 | 10 | 10 |
| 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% | 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 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -5650.00% | 68.47% | -445.71% | 85.86% | 11.11% | 79.17% | 160.00% | -100.00% | -83.87% |
| Change in YoY Net Profit Growth (%) | 0.00% | 5718.47% | -514.18% | 531.58% | -74.75% | 68.06% | 80.83% | -260.00% | 16.13% |
MIC Electronics Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 9 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: November 9, 2025, 2:31 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 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 20 | 24 | 33 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 48 | 48 |
| Reserves | 279 | 286 | 198 | 69 | -121 | -148 | -172 | -39 | 18 | 19 | 78 | 174 | 180 |
| Borrowings | 158 | 161 | 157 | 104 | 117 | 117 | 135 | 33 | 8 | 17 | 12 | 48 | 46 |
| Other Liabilities | 118 | 122 | 98 | 125 | 160 | 165 | 154 | 27 | 4 | 8 | 7 | 43 | 76 |
| Total Liabilities | 576 | 593 | 486 | 342 | 200 | 178 | 161 | 65 | 75 | 87 | 141 | 314 | 350 |
| Fixed Assets | 145 | 128 | 120 | 93 | 90 | 82 | 75 | 46 | 47 | 43 | 26 | 47 | 48 |
| CWIP | 17 | 17 | 17 | 7 | 2 | 2 | 2 | 0 | 5 | 10 | 0 | 2 | 0 |
| Investments | 8 | 6 | 7 | 7 | 7 | 7 | 8 | 8 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 405 | 442 | 341 | 236 | 102 | 87 | 76 | 11 | 23 | 34 | 115 | 265 | 302 |
| Total Assets | 576 | 593 | 486 | 342 | 200 | 178 | 161 | 65 | 75 | 87 | 141 | 314 | 350 |
Below is a detailed analysis of the balance sheet data for MIC Electronics Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 48.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 48.00 Cr..
- For Reserves, as of Sep 2025, the value is 180.00 Cr.. The value appears strong and on an upward trend. It has increased from 174.00 Cr. (Mar 2025) to 180.00 Cr., marking an increase of 6.00 Cr..
- For Borrowings, as of Sep 2025, the value is 46.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 48.00 Cr. (Mar 2025) to 46.00 Cr., marking a decrease of 2.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 76.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 43.00 Cr. (Mar 2025) to 76.00 Cr., marking an increase of 33.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 350.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 314.00 Cr. (Mar 2025) to 350.00 Cr., marking an increase of 36.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 48.00 Cr.. The value appears strong and on an upward trend. It has increased from 47.00 Cr. (Mar 2025) to 48.00 Cr., marking an increase of 1.00 Cr..
- For CWIP, as of Sep 2025, the value is 0.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2.00 Cr. (Mar 2025) to 0.00 Cr., marking a decrease of 2.00 Cr..
- For Investments, as of Sep 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Other Assets, as of Sep 2025, the value is 302.00 Cr.. The value appears strong and on an upward trend. It has increased from 265.00 Cr. (Mar 2025) to 302.00 Cr., marking an increase of 37.00 Cr..
- For Total Assets, as of Sep 2025, the value is 350.00 Cr.. The value appears strong and on an upward trend. It has increased from 314.00 Cr. (Mar 2025) to 350.00 Cr., marking an increase of 36.00 Cr..
Notably, the Reserves (180.00 Cr.) exceed the Borrowings (46.00 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 | Mar 2014 | 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
| 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 | 4.00 | -150.00 | -113.00 | -102.00 | -121.00 | -137.00 | -152.00 | -35.00 | -1.00 | -15.00 | 0.00 | -30.00 |
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 | 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: 115 (Industry average Stock P/E: 82.04)
- 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. Penumaka Venkata Ramesh | Chairman & Ind.Director |
| Mr. Kaushik Yalamanchili | Managing Director |
| Mr. Siva Lakshmanarao Kakarala | Non Executive Director |
| Mr. Sivanand Swamy Mitikiri | Whole Time Director |
| Mr. Srinivas Rao Kolli | Independent Director |
| Mr. Deepayan Mohanty | Independent Director |
| Mrs. Karuna Gayathri Upadhyayula | Independent Director |
| Mrs. Sabitha Ghanta | Independent Director |
FAQ
What is the intrinsic value of MIC Electronics Ltd?
MIC Electronics Ltd's intrinsic value (as of 24 November 2025) is 49.55 which is 8.66% higher the current market price of 45.60, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 1,098 Cr. market cap, FY2025-2026 high/low of 96.0/44.2, reserves of ₹180 Cr, and liabilities of 350 Cr.
What is the Market Cap of MIC Electronics Ltd?
The Market Cap of MIC Electronics Ltd is 1,098 Cr..
What is the current Stock Price of MIC Electronics Ltd as on 24 November 2025?
The current stock price of MIC Electronics Ltd as on 24 November 2025 is 45.6.
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 96.0/44.2.
What is the Stock P/E of MIC Electronics Ltd?
The Stock P/E of MIC Electronics Ltd is 115.
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.
