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Last Updated: April 2, 2026, 3:20 am
Author: Getaka|Social: XLinkedIn

MIC Electronics Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹35.16Undervalued by 11.62%vs CMP ₹31.50

P/E (81.6) × ROE (5.6%) × BV (₹9.48) × DY (2.00%)

₹16.17Overvalued by 48.67%vs CMP ₹31.50
MoS: -94.8% (Negative)Confidence: 59/100 (Moderate)Models: 1 Under, 7 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹43.1625%Under (+37%)
Graham NumberEarnings₹9.1218%Over (-71%)
Earnings PowerEarnings₹3.9812%Over (-87.4%)
DCFCash Flow₹7.2612%Over (-77%)
Net Asset ValueAssets₹9.478%Over (-69.9%)
EV/EBITDAEnterprise₹8.0610%Over (-74.4%)
Earnings YieldEarnings₹3.908%Over (-87.6%)
Revenue MultipleRevenue₹5.926%Over (-81.2%)
Consensus (8 models)₹16.17100%Overvalued
Key Drivers: Wide model spread (₹4–₹43) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 22.7%

*Investments are subject to market risks

Investment Snapshot

44
MIC Electronics Ltd scores 44/100 (Weak)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health39/100 · Weak
ROCE 8.7% AverageROE 5.6% WeakD/E 5.55 High debtInterest Coverage 0.0x RiskyProfitable 3/5 years Mixed
Smart Money15/100 · Weak
FII holding down -3.64% (6mo) SellingPromoter decreased by 2.49% Caution
Earnings Quality55/100 · Moderate
OPM expanding (11% → 21%) ImprovingWorking capital: 314 days Capital intensive
Quarterly Momentum50/100 · Moderate
Revenue (4Q): +153% YoY AcceleratingProfit (4Q): -83% YoY DecliningOPM: 4.4% (down 25.0% YoY) Margin pressure
Industry Rank50/100 · Moderate
P/E 81.6 vs industry 57.9 In-lineROCE 8.7% vs industry 11.2% AverageROE 5.6% vs industry 15.6% Below peers3Y sales CAGR: 28% High growth

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

MIC Electronics Ltd Investor Signals

Computed from valuation, cash flow, balance sheet, ownership and quarterly trend data already available in this stock page.

Value Trap Score
50/100
Moderate
Derived from: Cheapness + weak quality + weak cash support
Current data: P/E 81.6 vs Ind 57.9 | ROCE 8.7% | ROE 5.6% | CFO/NP N/A
Balance Sheet Stress
50/100
Manageable
Derived from: Leverage + debt servicing + liquidity + debt trend
Current data: D/E 5.55x | IntCov 0.0x | Current 0.31x | Borrow/Reserve 0.26x
Cash Flow Reliability
29/100
Weak
Derived from: Cash backing of earnings + working capital pressure
Current data: CFO ₹0 Cr | NP ₹10 Cr | CFO/NP N/A
Ownership Accumulation
-25
Neutral
Derived from: FII + DII + promoter direction, adjusted by crowding
Current data: FII 0.00 pp | DII N/A | Prom -2.49 pp
Business Momentum
+99
Early weakness
Derived from: Latest quarter sales + profit + OPM change
Current data: Q Sales +138.1% | Q NP -13.4% | Q OPM -5.7 pp
Derived FieldValueHow it is derived
Valuation Gap %-48.7%((Fair Value - CMP) / CMP) × 100
Borrowings / Reserves0.26xLatest borrowings divided by latest reserves
CFO / Net ProfitN/ALatest operating cash flow divided by latest net profit
FII Change0.00 ppLatest FII% minus previous FII%
DII ChangeN/ALatest DII% minus previous DII%
Promoter Change-2.49 ppLatest promoter% minus previous promoter%
Shareholder Count Change-7,133Latest shareholder count minus previous count
Quarterly Sales Change+138.1%Latest quarter sales vs previous quarter sales
Quarterly Profit Change-13.4%Latest quarter net profit vs previous quarter net profit
Quarterly OPM Change-5.7 ppLatest quarter OPM minus previous quarter OPM

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 3:20 am

Market Cap 758 Cr.
Current Price 31.5
Intrinsic Value₹16.17
High / Low 83.0/30.0
Stock P/E81.6
Book Value 9.48
Dividend Yield0.00 %
ROCE8.71 %
ROE5.57 %
Face Value 2.00
PEG Ratio3.59

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for MIC Electronics Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
MIC Electronics Ltd 758 Cr. 31.5 83.0/30.081.6 9.480.00 %8.71 %5.57 % 2.00
BCC Fuba India Ltd 231 Cr. 116 191/80.747.1 13.00.00 %18.7 %17.4 % 10.0
Nitiraj Engineers Ltd 218 Cr. 212 290/170 65.90.71 %0.38 %0.35 % 10.0
Cosmo Ferrites Ltd 124 Cr. 103 335/90.0 20.10.00 %0.74 %20.5 % 10.0
Cyient DLM Ltd 2,261 Cr. 285 541/26533.4 1230.00 %12.3 %8.23 % 10.0
Industry Average3,369.78 Cr1,197.2657.90160.650.20%11.17%15.55%7.92

All Competitor Stocks of MIC Electronics Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 7.4011.018.2610.3117.4922.9610.7127.4611.7544.8511.6137.8990.23
Expenses 7.078.606.167.3214.9017.558.1223.828.3036.497.5034.0886.26
Operating Profit 0.332.412.102.992.595.412.593.643.458.364.113.813.97
OPM % 4.46%21.89%25.42%29.00%14.81%23.56%24.18%13.26%29.36%18.64%35.40%10.06%4.40%
Other Income -0.280.720.226.780.820.860.220.230.490.310.140.530.15
Interest 0.300.160.540.480.350.420.461.351.381.421.671.261.30
Depreciation 0.670.540.550.380.350.370.390.390.390.440.910.910.94
Profit before tax -0.922.431.238.912.715.481.962.132.176.811.672.171.88
Tax % 0.00%0.00%-0.81%1.23%0.00%-804.93%0.00%0.00%0.00%47.58%0.00%0.00%0.00%
Net Profit -0.922.431.248.802.7149.591.972.132.173.571.672.171.88
EPS in Rs -0.040.110.060.390.122.240.080.090.090.150.070.090.08

Last Updated: February 5, 2026, 12:40 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 25, 2026, 1:16 am

MetricMar 2014n n 9mMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 9215020721815952145235595185
Expenses 881401632161632519338214276164
Operating Profit 411442-4-20-17-272121820
OPM % 4%7%21%1%-3%-407%-919%-150%15%7%23%19%11%
Other Income -534-1932-9501312911
Interest 970292400021256
Depreciation 5888888732223
Profit before tax -630-157-32-132-27-24-530181313
Tax % -29%-8,900%-29%9%46%0%0%0%0%0%-249%25%
Net Profit -452-111-35-191-27-24-53062109
EPS in Rs -4.400.15-6.67-1.58-8.69-1.25-1.09-0.250.140.012.790.410.39
Dividend Payout % 0%0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232024-2025
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: December 10, 2025, 3:05 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 20243344444444444444444848
Reserves 27928619869-121-148-172-39181978174180
Borrowings 15816115710411711713533817124846
Other Liabilities 11812298125160165154274874376
Total Liabilities 576593486342200178161657587141314350
Fixed Assets 14512812093908275464743264748
CWIP 17171772220510020
Investments 8677778800000
Other Assets 4054423412361028776112334115265302
Total Assets 576593486342200178161657587141314350

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + -1-32-22-223301-146-58-5-13-49
Cash from Investing Activity + 32110-1-0-0-120-9-519-67
Cash from Financing Activity + -3221022-33-001266610-5122
Net Cash Flow -00-22-1-00-000016
Free Cash Flow 32-23-22-233301-123-66-93-73
CFO/OP 131%-280%55%-867%-2,147%-2%-4%8,889%-865%-296%-103%-267%

Free Cash Flow

MonthMar 2014n n 9mMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow4.00-150.00-113.00-102.00-121.00-137.00-152.00-35.00-1.00-15.000.00-30.00

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.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 358.56261.92166.6057.0177.661,466.031,866.211,326.0610.9644.93169.36323.98
Inventory Days 876.88546.46183.78240.70133.907,084.1230,641.44971.6295.88382.7399.9299.96
Days Payable 332.77190.46149.0084.15149.718,343.8737,322.80817.396.2114.0941.91243.93
Cash Conversion Cycle 902.67617.92201.39213.5661.85206.29-4,815.151,480.28100.63413.57227.36180.01
Working Capital Days 306.73287.2215.96-42.11-430.72-15,612.80-43,260.35-8,167.29107.51161.39233.63314.39
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%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 74.63%74.63%74.63%74.63%74.59%67.51%66.46%66.46%66.48%62.06%58.01%55.52%
FIIs 0.00%0.00%0.00%0.00%0.00%8.38%4.77%4.15%3.80%3.13%0.16%0.16%
Public 25.37%25.37%25.38%25.37%25.41%24.11%28.76%29.38%29.72%34.81%41.82%44.32%
No. of Shareholders 59,00557,99456,49067,40487,3351,06,9321,70,7071,80,2381,85,6771,89,6002,40,2012,33,068

Shareholding Pattern Chart

No. of Shareholders

MIC Electronics Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 2.002.002.002.002.00
Basic EPS (Rs.) 0.402.790.010.13-0.25
Diluted EPS (Rs.) 0.402.790.010.13-0.25
Cash EPS (Rs.) 0.472.860.110.260.06
Book Value[Excl.RevalReserv]/Share (Rs.) 9.245.512.892.880.22
Book Value[Incl.RevalReserv]/Share (Rs.) 9.245.512.892.880.22
Revenue From Operations / Share (Rs.) 3.932.461.032.030.04
PBDIT / Share (Rs.) 0.800.640.150.340.06
PBIT / Share (Rs.) 0.730.570.040.21-0.24
PBT / Share (Rs.) 0.540.800.010.13-0.24
Net Profit / Share (Rs.) 0.402.790.010.13-0.24
NP After MI And SOA / Share (Rs.) 0.402.790.010.13-0.24
PBDIT Margin (%) 20.3526.1914.9517.08137.31
PBIT Margin (%) 18.6523.374.5910.60-488.88
PBT Margin (%) 13.7832.491.146.74-497.06
Net Profit Margin (%) 10.37113.311.066.59-497.06
NP After MI And SOA Margin (%) 10.37113.311.066.59-497.06
Return on Networth / Equity (%) 4.4150.700.384.71-108.17
Return on Capital Employeed (%) 7.4910.421.597.19-17.13
Return On Assets (%) 3.1343.930.273.94-8.33
Long Term Debt / Equity (X) 0.050.000.020.035.21
Total Debt / Equity (X) 0.190.090.250.115.55
Asset Turnover Ratio (%) 0.410.470.070.480.01
Current Ratio (X) 2.223.321.522.600.31
Quick Ratio (X) 2.012.880.781.720.25
Inventory Turnover Ratio (X) 7.854.590.708.500.01
Interest Coverage Ratio (X) 4.188.714.344.4316.77
Interest Coverage Ratio (Post Tax) (X) 3.1334.651.312.71-59.72
Enterprise Value (Cr.) 1311.66879.46278.18378.1041.21
EV / Net Operating Revenue (X) 13.8416.1112.148.4137.82
EV / EBITDA (X) 68.0261.5281.1849.2427.54
MarketCap / Net Operating Revenue (X) 13.5316.0411.448.2513.34
Price / BV (X) 5.767.184.165.912.90
Price / Net Operating Revenue (X) 13.5316.0411.448.2513.36
EarningsYield 0.010.070.000.01-0.37

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

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. 61.73 Cr. and Equity Capital is Rs. 48.20 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Electronics - Equipment/ComponentsPlot No. 192/B, Phase-II, IDA, Cherlapally, Hyderabad Telangana 500051Contact not found
Management
NamePosition Held
Mr. Penumaka Venkata RameshChairman & Ind.Director
Mr. Kaushik YalamanchiliManaging Director
Mr. Siva Lakshmanarao KakaralaNon Executive Director
Mr. Sivanand Swamy MitikiriWhole Time Director
Mr. Srinivas Rao KolliIndependent Director
Mr. Deepayan MohantyIndependent Director
Mrs. Karuna Gayathri UpadhyayulaIndependent Director
Mrs. Sabitha GhantaIndependent Director

FAQ

What is the intrinsic value of MIC Electronics Ltd and is it undervalued?

As of 05 April 2026, MIC Electronics Ltd's intrinsic value is ₹16.17, which is 48.67% lower than the current market price of ₹31.50, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (5.57 %), book value (₹9.48), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of MIC Electronics Ltd?

MIC Electronics Ltd is trading at ₹31.50 as of 05 April 2026, with a FY2026-2027 high of ₹83.0 and low of ₹30.0. The stock is currently near its 52-week low. Market cap stands at ₹758 Cr..

How does MIC Electronics Ltd's P/E ratio compare to its industry?

MIC Electronics Ltd has a P/E ratio of 81.6, which is above the industry average of 57.90. The premium over industry average may reflect growth expectations or speculative interest.

Is MIC Electronics Ltd financially healthy?

Key indicators for MIC Electronics Ltd: ROCE of 8.71 % is on the lower side compared to the industry average of 11.17%; ROE of 5.57 % is below ideal levels (industry average: 15.55%). Dividend yield is 0.00 %.

Is MIC Electronics Ltd profitable and how is the profit trend?

MIC Electronics Ltd reported a net profit of ₹10 Cr in Mar 2025 on revenue of ₹95 Cr. Compared to ₹3 Cr in Mar 2022, the net profit shows an improving trend.

Does MIC Electronics Ltd pay dividends?

MIC Electronics Ltd has a dividend yield of 0.00 % at the current price of ₹31.50. The company is currently not paying meaningful dividends.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in MIC Electronics Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
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