Share Price and Basic Stock Data
Last Updated: December 13, 2025, 1:32 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, a space that has faced significant turbulence over the past few years. The company’s revenue trajectory has shown a declining trend, with sales reported at ₹1,110 Cr for FY 2023, down from ₹1,192 Cr in FY 2022. This decline has continued into FY 2024, with sales standing at ₹968 Cr, reflecting ongoing challenges in the marketplace. The quarterly figures indicate a particularly sharp drop, with sales dipping to ₹183 Cr in June 2023 before recovering slightly to ₹295 Cr by December 2023. This volatility underscores the company’s struggle to maintain consistent demand, which is crucial in a competitive landscape where consumer preferences can shift rapidly. While the consumer electronics market can be cyclical, MIRC’s ability to innovate and adapt will be pivotal for future growth.
Profitability and Efficiency Metrics
Profitability remains a critical concern for MIRC, as evidenced by its operating profit margin (OPM), which has consistently been negative or near zero in recent quarters. The OPM was reported at -6% for the latest fiscal year, suggesting that expenses have outpaced revenue generation. Moreover, the company recorded a net profit of -₹15 Cr for FY 2023, down from -₹20 Cr in FY 2022. The return on equity (ROE) stood at a meager 1.81%, reflecting inefficiencies in capital utilization. Additionally, the interest coverage ratio (ICR) is alarmingly low at 0.01x, indicating that the company struggles to meet its interest obligations. This creates a worrying picture for investors, as sustained losses and negative margins hinder long-term viability and investor confidence.
Balance Sheet Strength and Financial Ratios
MIRC’s balance sheet presents a mixed picture. On one hand, total borrowings are reported at ₹102 Cr, which is relatively manageable given the company’s market capitalization of ₹805 Cr. However, the reserves have diminished to ₹103 Cr, indicating that the company has less buffer to absorb ongoing losses. The price-to-book value (P/BV) ratio stands at 1.45x, suggesting the market is valuing the stock at a premium compared to its book value. The cash conversion cycle (CCC) of 27 days appears comfortable, indicating that MIRC is efficient in managing its inventory and receivables. However, the negative operating profit and low ROCE of 5.35% raise concerns about the overall asset efficiency and operational effectiveness of the company in generating returns.
Shareholding Pattern and Investor Confidence
The shareholding pattern of MIRC Electronics indicates a significant public float, with 59.46% of shares held by the public as of October 2025. Promoters hold 40.51%, which shows a relatively balanced distribution of ownership. However, institutional interest remains minimal, with foreign institutional investors (FIIs) and domestic institutional investors (DIIs) holding only 0.02% and 0.01% respectively. This lack of institutional backing could reflect a lack of confidence in the company’s future prospects, particularly in light of its declining profitability and revenue challenges. The number of shareholders has increased slightly to 75,744, but the reliance on retail investors can be a double-edged sword, as they may react more sensitively to market fluctuations and company performance.
Outlook, Risks, and Final Insight
Looking ahead, MIRC Electronics faces a challenging landscape. The ongoing decline in revenues and profitability raises significant questions about the company’s strategic direction. Risks include continued negative margins, low institutional interest, and potential increases in competition within the consumer electronics market. Additionally, external factors such as economic downturns or shifts in consumer behavior could further impact sales. However, if MIRC can pivot effectively—perhaps through innovation or cost management—it might stabilize its financial performance. Investors should remain cautious, weighing the company’s historical performance against its potential for recovery. Balancing these risks with the company’s current market position will be crucial for any investment decision moving forward.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Misquita Engineering Ltd | 52.5 Cr. | 112 | 141/78.1 | 309 | 30.6 | 0.00 % | 1.86 % | 1.92 % | 10.0 |
| IKIO Lighting Ltd | 1,371 Cr. | 177 | 304/165 | 77.5 | 74.5 | 0.00 % | 8.22 % | 5.55 % | 10.0 |
| Epack Durable Ltd | 2,459 Cr. | 256 | 674/246 | 60.2 | 99.4 | 0.00 % | 9.70 % | 5.98 % | 10.0 |
| Elin Electronics Ltd | 847 Cr. | 171 | 234/108 | 22.1 | 112 | 0.00 % | 6.97 % | 4.38 % | 5.00 |
| CWD Ltd | 887 Cr. | 2,018 | 2,085/720 | 104 | 240 | 0.00 % | 9.51 % | 5.78 % | 10.0 |
| Industry Average | 15,808.63 Cr | 1,243.70 | 67.51 | 135.37 | 0.20% | 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: October 15, 2025, 4:50 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 | 660 |
| Expenses | 1,293 | 1,017 | 760 | 695 | 686 | 628 | 600 | 752 | 1,179 | 1,105 | 1,014 | 739 | 664 |
| Operating Profit | -9 | 40 | -1 | 34 | 42 | 17 | 5 | 14 | 14 | 5 | -46 | 8 | -5 |
| OPM % | -1% | 4% | -0% | 5% | 6% | 3% | 1% | 2% | 1% | 0% | -5% | 1% | -1% |
| Other Income | 2 | 10 | 8 | -22 | 5 | 2 | 3 | 10 | -12 | 2 | 6 | 11 | 11 |
| Interest | 38 | 33 | 29 | 21 | 14 | 15 | 12 | 15 | 14 | 11 | 15 | 15 | 15 |
| 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 | -15 |
| 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 | -15 |
| 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 | -0.55 |
| 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: December 10, 2025, 3:05 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 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 20 | 20 | 21 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 28 |
| Reserves | 125 | 147 | 126 | 103 | 214 | 210 | 199 | 200 | 180 | 168 | 105 | 103 | 129 |
| Borrowings | 268 | 212 | 199 | 167 | 50 | 70 | 80 | 85 | 68 | 82 | 104 | 102 | 49 |
| Other Liabilities | 263 | 296 | 247 | 226 | 255 | 210 | 276 | 357 | 433 | 257 | 338 | 301 | 278 |
| Total Liabilities | 669 | 674 | 592 | 517 | 543 | 513 | 577 | 665 | 704 | 529 | 570 | 528 | 484 |
| Fixed Assets | 152 | 127 | 115 | 114 | 106 | 101 | 96 | 87 | 92 | 87 | 78 | 72 | 71 |
| CWIP | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 5 | 0 | 0 | 0 | 0 | 2 |
| Investments | 26 | 26 | 26 | 2 | 3 | 4 | 4 | 1 | 1 | 1 | 2 | 2 | 2 |
| Other Assets | 491 | 521 | 451 | 401 | 433 | 408 | 477 | 573 | 611 | 440 | 490 | 454 | 409 |
| Total Assets | 669 | 674 | 592 | 517 | 543 | 513 | 577 | 665 | 704 | 529 | 570 | 528 | 484 |
Below is a detailed analysis of the balance sheet data for MIRC 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 28.00 Cr.. The value appears strong and on an upward trend. It has increased from 23.00 Cr. (Mar 2025) to 28.00 Cr., marking an increase of 5.00 Cr..
- For Reserves, as of Sep 2025, the value is 129.00 Cr.. The value appears strong and on an upward trend. It has increased from 103.00 Cr. (Mar 2025) to 129.00 Cr., marking an increase of 26.00 Cr..
- For Borrowings, as of Sep 2025, the value is 49.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 102.00 Cr. (Mar 2025) to 49.00 Cr., marking a decrease of 53.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 278.00 Cr.. The value appears to be improving (decreasing). It has decreased from 301.00 Cr. (Mar 2025) to 278.00 Cr., marking a decrease of 23.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 484.00 Cr.. The value appears to be improving (decreasing). It has decreased from 528.00 Cr. (Mar 2025) to 484.00 Cr., marking a decrease of 44.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 71.00 Cr.. The value appears to be declining and may need further review. It has decreased from 72.00 Cr. (Mar 2025) to 71.00 Cr., marking a decrease of 1.00 Cr..
- For CWIP, as of Sep 2025, the value is 2.00 Cr.. The value appears strong and on an upward trend. It has increased from 0.00 Cr. (Mar 2025) to 2.00 Cr., marking an increase of 2.00 Cr..
- For Investments, as of Sep 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 Other Assets, as of Sep 2025, the value is 409.00 Cr.. The value appears to be declining and may need further review. It has decreased from 454.00 Cr. (Mar 2025) to 409.00 Cr., marking a decrease of 45.00 Cr..
- For Total Assets, as of Sep 2025, the value is 484.00 Cr.. The value appears to be declining and may need further review. It has decreased from 528.00 Cr. (Mar 2025) to 484.00 Cr., marking a decrease of 44.00 Cr..
Notably, the Reserves (129.00 Cr.) exceed the Borrowings (49.00 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 - No data available for this post.
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: 67.51)
- 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 13 December 2025) is 1.24 which is 95.02% lower the current market price of 24.90, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 919 Cr. market cap, FY2025-2026 high/low of 30.5/10.3, reserves of ₹129 Cr, and liabilities of 484 Cr.
What is the Market Cap of MIRC Electronics Ltd?
The Market Cap of MIRC Electronics Ltd is 919 Cr..
What is the current Stock Price of MIRC Electronics Ltd as on 13 December 2025?
The current stock price of MIRC Electronics Ltd as on 13 December 2025 is 24.9.
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.