Share Price and Basic Stock Data
Last Updated: November 22, 2025, 9:13 am
| PEG Ratio | 0.00 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
MIRC Electronics Ltd operates in the consumer electronics sector, where it reported a market capitalization of ₹944 Cr and a current share price of ₹25.6. The company’s revenue has shown a declining trend over the years, with sales recorded at ₹1,110 Cr for the fiscal year ending March 2023, down from ₹1,192 Cr in the previous fiscal year. For FY 2025, sales further decreased to ₹747 Cr, indicating a significant drop in revenue generation capabilities. Quarterly sales figures reflect this trend, with the most recent quarter (June 2025) recording ₹141 Cr, down from ₹345 Cr in June 2022. The company has faced challenges in maintaining consistent sales, which can be attributed to fluctuating consumer demand and increased competition in the consumer electronics market.
Profitability and Efficiency Metrics
MIRC Electronics Ltd has struggled with profitability, as evidenced by its operating profit margin (OPM) which stood at -6%. The company recorded a net profit of -₹18 Cr for the fiscal year ending March 2025, a decline from -₹12 Cr in FY 2023. The operating profit for the same period was reported at ₹8 Cr, a slight recovery from the -₹46 Cr loss in FY 2024. Key efficiency metrics such as return on equity (ROE) and return on capital employed (ROCE) were reported at 1.81% and 5.35%, respectively, indicating low efficiency in utilizing equity and capital for generating returns. The cash conversion cycle (CCC) stands at 27 days, which is relatively efficient compared to the typical sector range, suggesting the company manages its operational liquidity reasonably well.
Balance Sheet Strength and Financial Ratios
MIRC Electronics’ balance sheet reflects a total debt of ₹102 Cr against reserves of ₹103 Cr, indicating a precarious financial position. The interest coverage ratio (ICR) is notably low at 0.01x, suggesting that the company struggles to cover its interest expenses from operating profits. The price-to-book value (P/BV) ratio is reported at 1.45x, which is slightly above the sector average, but raises concerns about the company’s valuation relative to its net assets. The company’s borrowings have fluctuated over the years, with a slight increase to ₹102 Cr in FY 2025 from ₹82 Cr in FY 2023. The total liabilities have decreased to ₹528 Cr in FY 2025 from ₹704 Cr in FY 2022, indicating some reduction in overall financial obligations, but the company still faces significant financial strain.
Shareholding Pattern and Investor Confidence
The shareholding pattern of MIRC Electronics Ltd reveals a significant shift in promoter holdings, declining to 40.51% as of October 2025 from 53.36% in early 2023. This reduction may raise concerns among investors regarding the confidence of the promoters in the company’s future. Foreign institutional investors (FIIs) hold a mere 0.02%, while domestic institutional investors (DIIs) account for just 0.01%, indicating a lack of institutional interest in the stock. Public shareholding has increased to 59.46%, which may reflect retail investor sentiment. With a total of 75,744 shareholders reported, the company’s shareholder base is relatively stable, but the low institutional participation might hinder potential capital inflow and market confidence.
Outlook, Risks, and Final Insight
The outlook for MIRC Electronics Ltd is challenged by its declining revenue and profitability metrics, along with a precarious balance sheet. The company faces significant risks from competitive pressures in the consumer electronics market and fluctuating consumer demand. While the low cash conversion cycle may provide some operational flexibility, the weak profitability and high debt levels pose serious concerns for long-term sustainability. Strengths include its ability to maintain a relatively stable shareholder base and efficient inventory management. Moving forward, the company may need to rethink its operational strategies and explore avenues for revenue growth while addressing its financial vulnerabilities. A successful turnaround could hinge on innovation and improved market positioning, while failure to adapt could lead to further financial deterioration.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of MIRC Electronics Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Misquita Engineering Ltd | 50.5 Cr. | 108 | 152/78.1 | 297 | 30.6 | 0.00 % | 1.86 % | 1.92 % | 10.0 |
| IKIO Lighting Ltd | 1,492 Cr. | 193 | 304/165 | 84.3 | 74.5 | 0.00 % | 8.22 % | 5.55 % | 10.0 |
| Epack Durable Ltd | 2,492 Cr. | 259 | 674/257 | 61.0 | 99.4 | 0.00 % | 9.70 % | 5.98 % | 10.0 |
| Elin Electronics Ltd | 901 Cr. | 182 | 235/108 | 23.5 | 112 | 0.00 % | 6.97 % | 4.38 % | 5.00 |
| CWD Ltd | 843 Cr. | 1,918 | 1,976/600 | 98.9 | 173 | 0.00 % | 9.51 % | 5.78 % | 10.0 |
| Industry Average | 16,878.44 Cr | 1,353.56 | 68.65 | 131.65 | 0.19% | 14.89% | 11.51% | 6.44 |
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 | 345 | 269 | 271 | 225 | 183 | 193 | 295 | 297 | 228 | 151 | 167 | 201 | 141 |
| Expenses | 341 | 267 | 271 | 225 | 187 | 196 | 288 | 343 | 223 | 146 | 169 | 201 | 149 |
| Operating Profit | 4 | 1 | 0 | -0 | -3 | -3 | 7 | -46 | 5 | 6 | -2 | -0 | -8 |
| OPM % | 1% | 1% | 0% | -0% | -2% | -2% | 2% | -16% | 2% | 4% | -1% | -0% | -6% |
| Other Income | 1 | 0 | 1 | 0 | 2 | 3 | 1 | 1 | 1 | 1 | 3 | 6 | 1 |
| Interest | 2 | 3 | 2 | 4 | 3 | 4 | 4 | 4 | 3 | 4 | 4 | 3 | 3 |
| Depreciation | 2 | 2 | 2 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 0 | -3 | -3 | -7 | -6 | -6 | 2 | -51 | 0 | 1 | -5 | 1 | -12 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | 0 | -3 | -3 | -7 | -6 | -6 | 2 | -51 | 0 | 1 | -5 | 1 | -12 |
| EPS in Rs | 0.02 | -0.11 | -0.09 | -0.26 | -0.22 | -0.23 | 0.06 | -1.82 | 0.02 | 0.05 | -0.19 | 0.04 | -0.45 |
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: November 15, 2025, 4:51 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,284 | 1,058 | 759 | 729 | 728 | 644 | 604 | 766 | 1,192 | 1,110 | 968 | 747 | 672 |
| Expenses | 1,293 | 1,017 | 760 | 695 | 686 | 628 | 600 | 752 | 1,179 | 1,105 | 1,014 | 739 | 699 |
| Operating Profit | -9 | 40 | -1 | 34 | 42 | 17 | 5 | 14 | 14 | 5 | -46 | 8 | -28 |
| OPM % | -1% | 4% | -0% | 5% | 6% | 3% | 1% | 2% | 1% | 0% | -5% | 1% | -4% |
| Other Income | 2 | 10 | 8 | -22 | 5 | 2 | 3 | 10 | -12 | 2 | 6 | 11 | 32 |
| Interest | 38 | 33 | 29 | 21 | 14 | 15 | 12 | 15 | 14 | 11 | 15 | 15 | 16 |
| Depreciation | 14 | 14 | 12 | 10 | 9 | 8 | 7 | 7 | 8 | 9 | 8 | 7 | 6 |
| Profit before tax | -60 | 3 | -33 | -19 | 23 | -4 | -11 | 2 | -20 | -12 | -62 | -2 | -18 |
| Tax % | -0% | 77% | -19% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | |
| Net Profit | -60 | 1 | -27 | -19 | 23 | -4 | -11 | 2 | -20 | -12 | -62 | -2 | -18 |
| EPS in Rs | -2.52 | 0.03 | -1.13 | -0.75 | 0.84 | -0.16 | -0.41 | 0.07 | -0.72 | -0.44 | -2.22 | -0.08 | -0.66 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 101.67% | -2800.00% | 29.63% | 221.05% | -117.39% | -175.00% | 118.18% | -1100.00% | 40.00% | -416.67% | 96.77% |
| Change in YoY Net Profit Growth (%) | 0.00% | -2901.67% | 2829.63% | 191.42% | -338.44% | -57.61% | 293.18% | -1218.18% | 1140.00% | -456.67% | 513.44% |
MIRC Electronics Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
No data available for the compounded sales growth chart.
Balance Sheet
Last Updated: June 16, 2025, 11:42 am
| 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 | 14 | 20 | 20 | 21 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
| Reserves | 125 | 147 | 126 | 103 | 214 | 210 | 199 | 200 | 180 | 168 | 105 | 103 |
| Borrowings | 268 | 212 | 199 | 167 | 50 | 70 | 80 | 85 | 68 | 82 | 104 | 102 |
| Other Liabilities | 263 | 296 | 247 | 226 | 255 | 210 | 276 | 357 | 433 | 257 | 338 | 301 |
| Total Liabilities | 669 | 674 | 592 | 517 | 543 | 513 | 577 | 665 | 704 | 529 | 570 | 528 |
| Fixed Assets | 152 | 127 | 115 | 114 | 106 | 101 | 96 | 87 | 92 | 87 | 78 | 72 |
| CWIP | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 5 | 0 | 0 | 0 | 0 |
| Investments | 26 | 26 | 26 | 2 | 3 | 4 | 4 | 1 | 1 | 1 | 2 | 2 |
| Other Assets | 491 | 521 | 451 | 401 | 433 | 408 | 477 | 573 | 611 | 440 | 490 | 454 |
| Total Assets | 669 | 674 | 592 | 517 | 543 | 513 | 577 | 665 | 704 | 529 | 570 | 528 |
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
| 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 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 | -277.00 | -172.00 | -200.00 | -133.00 | -8.00 | -53.00 | -75.00 | -71.00 | -54.00 | -77.00 | -150.00 | -94.00 |
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 | 35 | 43 | 63 | 63 | 67 | 68 | 48 | 55 | 31 | 29 | 61 | 74 |
| Inventory Days | 81 | 131 | 152 | 141 | 157 | 166 | 263 | 202 | 148 | 104 | 98 | 124 |
| Days Payable | 73 | 117 | 129 | 118 | 151 | 138 | 198 | 184 | 134 | 82 | 123 | 172 |
| Cash Conversion Cycle | 43 | 57 | 87 | 85 | 73 | 95 | 112 | 72 | 46 | 52 | 36 | 27 |
| Working Capital Days | -29 | -13 | -20 | -17 | 38 | 53 | 52 | 43 | 23 | 19 | 1 | 7 |
| ROCE % | -5% | 7% | -3% | 8% | 13% | 4% | 0% | 3% | 3% | -1% | -20% | 5% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 16 | Mar 15 | Mar 14 | Mar 13 | Mar 12 |
|---|---|---|---|---|---|
| FaceValue | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Basic EPS (Rs.) | -0.99 | -0.27 | -4.38 | -2.20 | -2.73 |
| Diluted EPS (Rs.) | -0.99 | -0.27 | -4.38 | -2.20 | -2.73 |
| Cash EPS (Rs.) | -0.35 | 0.54 | -3.26 | -0.97 | -1.11 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 7.00 | 7.71 | 9.08 | 13.46 | 15.63 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 7.00 | 7.71 | 9.08 | 13.46 | 15.63 |
| Revenue From Operations / Share (Rs.) | 39.31 | 54.66 | 91.83 | 91.99 | 118.02 |
| PBDIT / Share (Rs.) | 0.01 | 2.41 | -0.55 | 0.47 | 1.56 |
| PBIT / Share (Rs.) | -0.62 | 1.63 | -1.67 | -0.74 | -0.05 |
| PBT / Share (Rs.) | -1.18 | -0.09 | -4.38 | -3.48 | -2.91 |
| Net Profit / Share (Rs.) | -0.99 | -0.23 | -4.38 | -2.20 | -2.73 |
| NP After MI And SOA / Share (Rs.) | -0.99 | -0.23 | -4.38 | -2.20 | -2.73 |
| PBDIT Margin (%) | 0.03 | 4.40 | -0.60 | 0.51 | 1.32 |
| PBIT Margin (%) | -1.58 | 2.97 | -1.81 | -0.80 | -0.04 |
| PBT Margin (%) | -2.99 | -0.18 | -4.76 | -3.78 | -2.46 |
| Net Profit Margin (%) | -2.51 | -0.42 | -4.76 | -2.38 | -2.31 |
| NP After MI And SOA Margin (%) | -2.51 | -0.42 | -4.76 | -2.38 | -2.31 |
| Return on Networth / Equity (%) | -14.14 | -3.01 | -48.20 | -16.32 | -17.45 |
| Return on Capital Employeed (%) | -8.26 | 20.70 | -18.00 | -5.43 | -0.32 |
| Return On Assets (%) | -3.30 | -0.68 | -9.27 | -4.30 | -4.98 |
| Long Term Debt / Equity (X) | 0.05 | 0.01 | 0.02 | 0.00 | 0.06 |
| Total Debt / Equity (X) | 1.44 | 1.43 | 2.11 | 0.61 | 0.62 |
| Asset Turnover Ratio (%) | 1.23 | 1.59 | 1.86 | 1.72 | 1.98 |
| Current Ratio (X) | 0.95 | 0.95 | 0.86 | 0.96 | 1.08 |
| Quick Ratio (X) | 0.41 | 0.40 | 0.42 | 0.48 | 0.48 |
| Inventory Turnover Ratio (X) | 1.06 | 1.43 | 2.04 | 1.68 | 1.95 |
| Interest Coverage Ratio (X) | 0.01 | 1.40 | -0.20 | 0.17 | 0.62 |
| Interest Coverage Ratio (Post Tax) (X) | -0.28 | 0.86 | -0.61 | 0.19 | 0.05 |
| Enterprise Value (Cr.) | 379.47 | 385.24 | 313.52 | 176.59 | 310.79 |
| EV / Net Operating Revenue (X) | 0.49 | 0.35 | 0.24 | 0.13 | 0.18 |
| EV / EBITDA (X) | 1562.27 | 8.14 | -39.81 | 26.10 | 14.00 |
| MarketCap / Net Operating Revenue (X) | 0.25 | 0.17 | 0.05 | 0.07 | 0.12 |
| Price / BV (X) | 1.45 | 1.24 | 0.53 | 0.48 | 0.91 |
| Price / Net Operating Revenue (X) | 0.25 | 0.17 | 0.05 | 0.07 | 0.12 |
| EarningsYield | -0.09 | -0.02 | -0.90 | -0.33 | -0.19 |
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.
Strength and Weakness
| Strength | Weakness |
|---|---|
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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 MIRC Electronics Ltd:
- Net Profit Margin: -2.51%
- 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: -8.26% (Industry Average ROCE: 14.89%)
- 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%: -14.14% (Industry Average ROE: 11.51%)
- 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): -0.28
- 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: 0.41
- 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: 0 (Industry average Stock P/E: 68.65)
- 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: 1.44
- 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: -2.51%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Consumer Electronics | Onida House, G-1, MIDC, Mahakali Caves Road, Mumbai Maharashtra 400093 | investors@onida.com http://www.onida.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Vijay J Mansukhani | Chairman & Managing Director |
| Mr. Kaval Mirchandani | Managing Director |
| Mr. Shirish Suvagia | WholeTime Director & CFO |
| Ms. Nandini Mansinghka | Ind. Non-Executive Director |
| Mr. Arvind Sharma | Ind. Non-Executive Director |
| Ms. Mohita Arora | Ind. Non-Executive Director |
| Mr. Milind Pokle | Ind. Non-Executive Director |
| Mr. Sasha Mirchandani | Non Exe.Non Ind.Director |
FAQ
What is the intrinsic value of MIRC Electronics Ltd?
MIRC Electronics Ltd's intrinsic value (as of 23 November 2025) is 1.24 which is 95.04% lower the current market price of 25.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 916 Cr. market cap, FY2025-2026 high/low of 30.5/10.3, reserves of ₹103 Cr, and liabilities of 528 Cr.
What is the Market Cap of MIRC Electronics Ltd?
The Market Cap of MIRC Electronics Ltd is 916 Cr..
What is the current Stock Price of MIRC Electronics Ltd as on 23 November 2025?
The current stock price of MIRC Electronics Ltd as on 23 November 2025 is 25.0.
What is the High / Low of MIRC Electronics Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of MIRC Electronics Ltd stocks is 30.5/10.3.
What is the Stock P/E of MIRC Electronics Ltd?
The Stock P/E of MIRC Electronics Ltd is .
What is the Book Value of MIRC Electronics Ltd?
The Book Value of MIRC Electronics Ltd is 5.59.
What is the Dividend Yield of MIRC Electronics Ltd?
The Dividend Yield of MIRC Electronics Ltd is 0.00 %.
What is the ROCE of MIRC Electronics Ltd?
The ROCE of MIRC Electronics Ltd is 5.35 %.
What is the ROE of MIRC Electronics Ltd?
The ROE of MIRC Electronics Ltd is 1.81 %.
What is the Face Value of MIRC Electronics Ltd?
The Face Value of MIRC Electronics Ltd is 1.00.