MIC Electronics Ltd. is a Public Limited Listed company incorporated on 17/05/1988 and has its registered office in the State of Andhra Pradesh, 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. 31.14 Cr. and Equity Capital is Rs. 44.29 Cr. for the Year ended 31/03/2022.
MIC Electronics Ltd 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%
MIC Electronics Ltd Financial Efficiency Indicators Chart
MIC Electronics Ltd Share Holding Pattern
Month
Sep 2021
Dec 2021
Mar 2022
Jun 2022
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Promoters
0.00%
0.00%
74.63%
74.63%
74.63%
74.63%
74.63%
74.63%
74.63%
74.63%
74.59%
73.47%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.29%
Public
100.00%
100.00%
25.37%
25.37%
25.37%
25.36%
25.37%
25.37%
25.38%
25.37%
25.41%
26.24%
No. of Shareholders
48,368
47,509
57,941
61,206
62,249
61,428
59,005
57,994
56,490
67,404
87,335
1,06,929
MIC Electronics Ltd Shareholding Pattern Chart
No. of MIC Electronics Ltd Shareholders
This stock is not held by any mutual fund
MIC Electronics Ltd ROCE Trend
MIC Electronics Ltd EPS Trend
MIC Electronics Ltd 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
MIC Electronics Ltd Profitability Ratios (%)
MIC Electronics Ltd Liquidity Ratios
MIC Electronics Ltd Liquidity Ratios (%)
MIC Electronics Ltd Interest Coverage Ratios (%)
MIC Electronics Ltd Valuation Ratios
Fair Value
Fair Value: 5.67
Calculation basis:
Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.
Overvalued: 93.16% compared to the current price 82.9
Intrinsic Value: 6.87
Calculation basis:
Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.
This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.
Overvalued: 91.72% compared to the current price 82.9
Last 5 Year EPS CAGR: 21.15%
*Investments are subject to market risks
Strength and Weakness of MIC Electronics Ltd Stock
Strength
Weakness
The stock has a low average ROCE of 1.92%, which may not be favorable.
The stock has a high average Working Capital Days of 190.67, which may not be favorable.
The stock has a high average Cash Conversion Cycle of 226.50, which may not be favorable.
The company has higher borrowings (101.23) compared to reserves (60.15), which may suggest financial risk.
The company has not shown consistent growth in sales (88.00) and profit (-38.23).
FAQ
What is the latest fair value of MIC Electronics Ltd?
The latest fair value of MIC Electronics Ltd is ₹5.67.
What is the Market Cap of MIC Electronics Ltd?
The Market Cap of MIC Electronics Ltd is 1,995 Cr..
What is the current Stock Price of MIC Electronics Ltd as on 27 July 2024?
The current stock price of MIC Electronics Ltd as on 27 July 2024 is 82.9.
What is the High / Low of MIC Electronics Ltd stocks in FY 2024?
In FY 2024, the High / Low of MIC Electronics Ltd stocks is 100/22.8.
What is the Stock P/E of MIC Electronics Ltd?
The Stock P/E of MIC Electronics Ltd is 412.
What is the Book Value of MIC Electronics Ltd?
The Book Value of MIC Electronics Ltd is 3.29.
What is the Dividend Yield of MIC Electronics Ltd?
The Dividend Yield of MIC Electronics Ltd is 0.00 %.
Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.
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
