MIRC Electronics Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: August 20, 2025, 11:10 pm

Quick Insight

MIRC Electronics Ltd, operating in the consumer electronics industry, currently has a share price of 26.9 with a market capitalization of 751 Cr. The company's financial metrics reveal a concerning picture, with a negative net profit of -2 Cr, an operating profit margin of -0.22%, and a low return on equity (ROE) and return on capital employed (ROCE) at 1.81% and 5.35% respectively. Additionally, the company's interest coverage ratio (ICR) is at a precarious 0.01x, indicating a high level of financial risk. With no FII or DII holdings, the burden of ownership falls largely on promoters and the public. MIRC Electronics' high level of borrowings at ₹102 Cr against reserves of 103 Cr raises solvency concerns, reflected in a modest price-to-book value of 1.45x. Investors should exercise caution and thoroughly evaluate the company's turnaround strategy and financial health before considering an investment in MIRC Electronics Ltd.

Competitors of MIRC Electronics Ltd

All Competitor Stocks of MIRC Electronics Ltd

Quarterly Result

Last Updated: August 20, 2025, 6:55 am

Below is a detailed analysis of the quarterly data for MIRC 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 141.00 Cr.. The value appears to be declining and may need further review. It has decreased from 201.00 Cr. (Mar 2025) to 141.00 Cr., marking a decrease of 60.00 Cr..
• For Expenses, as of Jun 2025, the value is 149.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 201.00 Cr. (Mar 2025) to 149.00 Cr., marking a decrease of 52.00 Cr..
• For Operating Profit, as of Jun 2025, the value is -8.00 Cr.. The value appears to be declining and may need further review. It has decreased from 0.00 Cr. (Mar 2025) to -8.00 Cr., marking a decrease of 8.00 Cr..
• For OPM %, as of Jun 2025, the value is -6.00%. The value appears to be declining and may need further review. It has decreased from 0.00% (Mar 2025) to -6.00%, marking a decrease of 6.00%.
• For Other Income, as of Jun 2025, the value is 1.00 Cr.. The value appears to be declining and may need further review. It has decreased from 6.00 Cr. (Mar 2025) to 1.00 Cr., marking a decrease of 5.00 Cr..
• For Interest, as of Jun 2025, the value is 3.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 3.00 Cr..
• For Depreciation, as of Jun 2025, the value is 2.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 2.00 Cr..
• For Profit before tax, as of Jun 2025, the value is -12.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1.00 Cr. (Mar 2025) to -12.00 Cr., marking a decrease of 13.00 Cr..
• For Tax %, as of Jun 2025, the value is 0.00%. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00%.
• For Net Profit, as of Jun 2025, the value is -12.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1.00 Cr. (Mar 2025) to -12.00 Cr., marking a decrease of 13.00 Cr..
• For EPS in Rs, as of Jun 2025, the value is -0.45. The value appears to be declining and may need further review. It has decreased from 0.04 (Mar 2025) to -0.45, marking a decrease of 0.49.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Profit & Loss - Annual Report

Last Updated: July 22, 2025, 3:22 pm

Growth

Last Updated: Unknown

Balance Sheet

Last Updated: June 16, 2025, 11:42 am

Below is a detailed analysis of the balance sheet data for MIRC 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 23.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 23.00 Cr..
• For Reserves, as of Mar 2025, the value is 103.00 Cr.. The value appears to be declining and may need further review. It has decreased from 105.00 Cr. (Mar 2024) to 103.00 Cr., marking a decrease of 2.00 Cr..
• For Borrowings, as of Mar 2025, the value is 102.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 104.00 Cr. (Mar 2024) to 102.00 Cr., marking a decrease of 2.00 Cr..
• For Other Liabilities, as of Mar 2025, the value is 301.00 Cr.. The value appears to be improving (decreasing). It has decreased from 338.00 Cr. (Mar 2024) to 301.00 Cr., marking a decrease of 37.00 Cr..
• For Total Liabilities, as of Mar 2025, the value is 528.00 Cr.. The value appears to be improving (decreasing). It has decreased from 570.00 Cr. (Mar 2024) to 528.00 Cr., marking a decrease of 42.00 Cr..
• For Fixed Assets, as of Mar 2025, the value is 72.00 Cr.. The value appears to be declining and may need further review. It has decreased from 78.00 Cr. (Mar 2024) to 72.00 Cr., marking a decrease of 6.00 Cr..
• For CWIP, 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 Investments, as of Mar 2025, the value is 2.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 2.00 Cr..
• For Other Assets, as of Mar 2025, the value is 454.00 Cr.. The value appears to be declining and may need further review. It has decreased from 490.00 Cr. (Mar 2024) to 454.00 Cr., marking a decrease of 36.00 Cr..
• For Total Assets, as of Mar 2025, the value is 528.00 Cr.. The value appears to be declining and may need further review. It has decreased from 570.00 Cr. (Mar 2024) to 528.00 Cr., marking a decrease of 42.00 Cr..

Notably, the Reserves (103.00 Cr.) exceed the Borrowings (102.00 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

Free Cash Flow

Financial Efficiency Indicators

Key Financial Ratios

After reviewing the key financial ratios for MIRC Electronics Ltd, here is a detailed analysis based on the latest available data and recent trends:

• For FaceValue, as of Mar 16, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 15) which recorded 1.00.
• For Basic EPS (Rs.), as of Mar 16, the value is -0.99. This value is below the healthy minimum of 5. It has decreased from -0.27 (Mar 15) to -0.99, marking a decrease of 0.72.
• For Diluted EPS (Rs.), as of Mar 16, the value is -0.99. This value is below the healthy minimum of 5. It has decreased from -0.27 (Mar 15) to -0.99, marking a decrease of 0.72.
• For Cash EPS (Rs.), as of Mar 16, the value is -0.35. This value is below the healthy minimum of 3. It has decreased from 0.54 (Mar 15) to -0.35, marking a decrease of 0.89.
• For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 16, the value is 7.00. It has decreased from 7.71 (Mar 15) to 7.00, marking a decrease of 0.71.
• For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 16, the value is 7.00. It has decreased from 7.71 (Mar 15) to 7.00, marking a decrease of 0.71.
• For Revenue From Operations / Share (Rs.), as of Mar 16, the value is 39.31. It has decreased from 54.66 (Mar 15) to 39.31, marking a decrease of 15.35.
• For PBDIT / Share (Rs.), as of Mar 16, the value is 0.01. This value is below the healthy minimum of 2. It has decreased from 2.41 (Mar 15) to 0.01, marking a decrease of 2.40.
• For PBIT / Share (Rs.), as of Mar 16, the value is -0.62. This value is below the healthy minimum of 0. It has decreased from 1.63 (Mar 15) to -0.62, marking a decrease of 2.25.
• For PBT / Share (Rs.), as of Mar 16, the value is -1.18. This value is below the healthy minimum of 0. It has decreased from -0.09 (Mar 15) to -1.18, marking a decrease of 1.09.
• For Net Profit / Share (Rs.), as of Mar 16, the value is -0.99. This value is below the healthy minimum of 2. It has decreased from -0.23 (Mar 15) to -0.99, marking a decrease of 0.76.
• For NP After MI And SOA / Share (Rs.), as of Mar 16, the value is -0.99. This value is below the healthy minimum of 2. It has decreased from -0.23 (Mar 15) to -0.99, marking a decrease of 0.76.
• For PBDIT Margin (%), as of Mar 16, the value is 0.03. This value is below the healthy minimum of 10. It has decreased from 4.40 (Mar 15) to 0.03, marking a decrease of 4.37.
• For PBIT Margin (%), as of Mar 16, the value is -1.58. This value is below the healthy minimum of 10. It has decreased from 2.97 (Mar 15) to -1.58, marking a decrease of 4.55.
• For PBT Margin (%), as of Mar 16, the value is -2.99. This value is below the healthy minimum of 10. It has decreased from -0.18 (Mar 15) to -2.99, marking a decrease of 2.81.
• For Net Profit Margin (%), as of Mar 16, the value is -2.51. This value is below the healthy minimum of 5. It has decreased from -0.42 (Mar 15) to -2.51, marking a decrease of 2.09.
• For NP After MI And SOA Margin (%), as of Mar 16, the value is -2.51. This value is below the healthy minimum of 8. It has decreased from -0.42 (Mar 15) to -2.51, marking a decrease of 2.09.
• For Return on Networth / Equity (%), as of Mar 16, the value is -14.14. This value is below the healthy minimum of 15. It has decreased from -3.01 (Mar 15) to -14.14, marking a decrease of 11.13.
• For Return on Capital Employeed (%), as of Mar 16, the value is -8.26. This value is below the healthy minimum of 10. It has decreased from 20.70 (Mar 15) to -8.26, marking a decrease of 28.96.
• For Return On Assets (%), as of Mar 16, the value is -3.30. This value is below the healthy minimum of 5. It has decreased from -0.68 (Mar 15) to -3.30, marking a decrease of 2.62.
• For Long Term Debt / Equity (X), as of Mar 16, the value is 0.05. This value is below the healthy minimum of 0.2. It has increased from 0.01 (Mar 15) to 0.05, marking an increase of 0.04.
• For Total Debt / Equity (X), as of Mar 16, the value is 1.44. This value exceeds the healthy maximum of 1. It has increased from 1.43 (Mar 15) to 1.44, marking an increase of 0.01.
• For Asset Turnover Ratio (%), as of Mar 16, the value is 1.23. It has decreased from 1.59 (Mar 15) to 1.23, marking a decrease of 0.36.
• For Current Ratio (X), as of Mar 16, the value is 0.95. This value is below the healthy minimum of 1.5. There is no change compared to the previous period (Mar 15) which recorded 0.95.
• For Quick Ratio (X), as of Mar 16, the value is 0.41. This value is below the healthy minimum of 1. It has increased from 0.40 (Mar 15) to 0.41, marking an increase of 0.01.
• For Inventory Turnover Ratio (X), as of Mar 16, the value is 1.06. This value is below the healthy minimum of 4. It has decreased from 1.43 (Mar 15) to 1.06, marking a decrease of 0.37.
• For Interest Coverage Ratio (X), as of Mar 16, the value is 0.01. This value is below the healthy minimum of 3. It has decreased from 1.40 (Mar 15) to 0.01, marking a decrease of 1.39.
• For Interest Coverage Ratio (Post Tax) (X), as of Mar 16, the value is -0.28. This value is below the healthy minimum of 3. It has decreased from 0.86 (Mar 15) to -0.28, marking a decrease of 1.14.
• For Enterprise Value (Cr.), as of Mar 16, the value is 379.47. It has decreased from 385.24 (Mar 15) to 379.47, marking a decrease of 5.77.
• For EV / Net Operating Revenue (X), as of Mar 16, the value is 0.49. This value is below the healthy minimum of 1. It has increased from 0.35 (Mar 15) to 0.49, marking an increase of 0.14.
• For EV / EBITDA (X), as of Mar 16, the value is 1,562.27. This value exceeds the healthy maximum of 15. It has increased from 8.14 (Mar 15) to 1,562.27, marking an increase of 1,554.13.
• For MarketCap / Net Operating Revenue (X), as of Mar 16, the value is 0.25. This value is below the healthy minimum of 1. It has increased from 0.17 (Mar 15) to 0.25, marking an increase of 0.08.
• For Price / BV (X), as of Mar 16, the value is 1.45. This value is within the healthy range. It has increased from 1.24 (Mar 15) to 1.45, marking an increase of 0.21.
• For Price / Net Operating Revenue (X), as of Mar 16, the value is 0.25. This value is below the healthy minimum of 1. It has increased from 0.17 (Mar 15) to 0.25, marking an increase of 0.08.
• For EarningsYield, as of Mar 16, the value is -0.09. This value is below the healthy minimum of 5. It has decreased from -0.02 (Mar 15) to -0.09, marking a decrease of 0.07.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Fair Value

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Strength and Weakness