Share Price and Basic Stock Data
Last Updated: November 13, 2025, 9:35 pm
| PEG Ratio | 0.00 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
MIRC Electronics Ltd operates in the consumer electronics industry, reporting a market capitalization of ₹1,070 Cr and a share price of ₹29. The company has experienced fluctuating sales figures over the past few quarters, with revenues declining from ₹345 Cr in June 2022 to ₹183 Cr in June 2023, before slightly recovering to ₹193 Cr in September 2023. The annual sales figures demonstrate a broader trend of decline, with total sales reported at ₹1,110 Cr for FY 2023, down from ₹1,192 Cr in FY 2022. The projected sales for FY 2024 are anticipated to further decline to ₹968 Cr, reflecting a challenging operational environment. The total sales for the trailing twelve months (TTM) stand at ₹660 Cr, indicating a significant drop in revenue generation capacity. MIRC’s revenue trends suggest a need for strategic reassessment to regain market share and improve growth prospects in a highly competitive sector.
Profitability and Efficiency Metrics
The profitability metrics for MIRC Electronics reveal significant challenges. The company reported an operating profit margin (OPM) of -6%, indicating that expenses exceeded revenues. The operating profit for FY 2023 stood at ₹5 Cr, a stark contrast to the operating losses recorded in previous quarters, such as a loss of ₹46 Cr in March 2024. The company’s net profit for FY 2023 was reported at -₹12 Cr, which highlights ongoing financial distress, a continuation of negative net profits from previous years. The return on equity (ROE) is an alarming 1.81%, while return on capital employed (ROCE) is at 5.35%, both of which are below industry standards. The interest coverage ratio (ICR) is critically low at 0.01x, suggesting that the company struggles to meet its interest obligations from operating income. Such figures underline the urgent need for operational efficiencies and improved cost management to enhance profitability.
Balance Sheet Strength and Financial Ratios
MIRC Electronics’ balance sheet reflects a precarious financial position. The company reported total borrowings of ₹102 Cr against reserves of ₹103 Cr, indicating a thin buffer for financial stability. The debt-to-equity ratio is concerning, suggesting high leverage levels that could affect financial flexibility. The current ratio stands at 0.95x, which is below the ideal benchmark of 1, indicating potential liquidity issues. The company’s book value per share is ₹7.00, while the price-to-book value (P/BV) ratio is 1.45x, suggesting that the stock is trading at a premium relative to its book value. MIRC’s cash conversion cycle of 27 days indicates reasonable efficiency in converting investments into cash flow, but the overall financial health is undermined by the persistent operating losses and high levels of debt. Such ratios call for a reevaluation of capital structure and operational strategies to enhance financial robustness.
Shareholding Pattern and Investor Confidence
The shareholding pattern of MIRC Electronics reflects a significant concentration of ownership, with promoters holding 40.51% of the equity as of October 2025. This is a notable decrease from 53.36% in March 2023, indicating potential dilution of control or changes in investor sentiment. Foreign institutional investors (FIIs) and domestic institutional investors (DIIs) hold minimal stakes at 0.02% and 0.01%, respectively, which may indicate a lack of confidence among institutional investors in the company’s future prospects. The public shareholding stands at 59.46%, with a total of 75,744 shareholders, suggesting a broad base of retail investor participation. However, the significant drop in promoter holding may raise concerns about the management’s commitment to the company. Such dynamics can impact investor confidence and the stock’s performance in the market, highlighting the need for transparent communication from the management to reassure stakeholders.
Outlook, Risks, and Final Insight
The outlook for MIRC Electronics remains uncertain, characterized by several risks and potential opportunities. The persistent decline in sales and profitability metrics poses a significant challenge to the company’s operational viability. However, if MIRC can implement effective cost-control measures and enhance operational efficiencies, there exists a potential for recovery. Additionally, market conditions in the consumer electronics sector are evolving, and strategic pivots, such as diversifying product lines or enhancing customer engagement, could yield positive results. However, the high leverage and liquidity issues present substantial risks that could hinder recovery efforts. Stakeholders must closely monitor the company’s financial performance and management strategies in the coming quarters, as these will be critical in determining MIRC’s ability to navigate its current challenges and capitalize on future growth opportunities.
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 | 51.6 Cr. | 110 | 152/78.1 | 234 | 30.4 | 0.00 % | 1.86 % | 1.92 % | 10.0 |
| IKIO Lighting Ltd | 1,538 Cr. | 200 | 304/165 | 87.0 | 74.5 | 0.00 % | 8.22 % | 5.55 % | 10.0 |
| Epack Durable Ltd | 2,717 Cr. | 282 | 674/277 | 66.5 | 99.4 | 0.00 % | 9.70 % | 5.98 % | 10.0 |
| Elin Electronics Ltd | 943 Cr. | 190 | 235/108 | 24.6 | 112 | 0.00 % | 6.97 % | 4.38 % | 5.00 |
| CWD Ltd | 749 Cr. | 1,705 | 1,765/590 | 299 | 154 | 0.00 % | 9.51 % | 5.78 % | 10.0 |
| Industry Average | 17,100.75 Cr | 1,370.71 | 78.08 | 130.03 | 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: 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: 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 - 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: 78.08)
- 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 14 November 2025) is 1.24 which is 95.21% lower the current market price of 25.90, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 956 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 956 Cr..
What is the current Stock Price of MIRC Electronics Ltd as on 14 November 2025?
The current stock price of MIRC Electronics Ltd as on 14 November 2025 is 25.9.
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.