Share Price and Basic Stock Data
Last Updated: January 2, 2026, 7:57 pm
| 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 within the consumer electronics sector, focusing on manufacturing and selling a range of electronic products. The company reported a market capitalization of ₹1,040 Cr and a share price of ₹28.2. Over the recent quarters, MIRC’s revenue has exhibited considerable fluctuations. For instance, sales stood at ₹268.58 Cr in September 2022, slightly rising to ₹271.47 Cr in December 2022, before declining to ₹224.98 Cr by March 2023. The company saw further declines in sales, reaching ₹183.47 Cr in June 2023, followed by a modest recovery to ₹193.23 Cr in September 2023. However, the latest quarter’s sales in December 2023 surged to ₹294.51 Cr, indicating a strong recovery trajectory. The trailing twelve months (TTM) revenue reported was ₹672 Cr, reflecting the company’s struggle to maintain consistent sales amidst competitive pressures in the consumer electronics market.
Profitability and Efficiency Metrics
MIRC Electronics has faced significant challenges in profitability, as evidenced by its operating profit margin (OPM) which stood at -10.59%. The operating profit fluctuated drastically, with a recorded loss of ₹46 Cr in March 2024. The company’s net profit also reflected ongoing difficulties, recording a loss of ₹18 Cr in the latest reporting period. The return on equity (ROE) was a mere 1.81%, and the return on capital employed (ROCE) stood at 5.35%, both indicating inefficiencies compared to sector benchmarks. The interest coverage ratio was alarmingly low at 0.01x, showcasing the company’s inability to service its debt obligations effectively. The cash conversion cycle (CCC) was reported at 27 days, suggesting some efficiency in managing working capital, although the overall profitability metrics paint a concerning picture for potential investors.
Balance Sheet Strength and Financial Ratios
MIRC Electronics’ balance sheet reveals a mixed picture of financial health. The company’s total borrowings were reported at ₹49 Cr, against reserves of ₹129 Cr, which indicates a relatively manageable debt level. However, the interest coverage ratio of 0.01x raises significant concerns about the company’s ability to cover interest expenses. The price-to-book value (P/BV) ratio stood at 1.45x, suggesting that the market values the company slightly above its book value. The company’s current ratio is not explicitly detailed, but the overall liquidity position is critical given the pressures on profitability. The working capital days improved to 7 days, reflecting better management of current assets and liabilities. However, the declining trend in equity capital from ₹23 Cr in FY 2023 to ₹23 Cr in FY 2025 indicates stagnation in financial growth, which could deter potential investments.
Shareholding Pattern and Investor Confidence
The shareholding pattern of MIRC Electronics illustrates a significant shift in investor confidence. Promoters held 40.51% of the equity as of October 2025, a notable decline from 53.36% earlier in the year, indicating potential concerns among promoters about the company’s future prospects. Foreign institutional investors (FIIs) have remained minimal, holding only 0.02%, while domestic institutional investors (DIIs) accounted for just 0.01%. Public shareholding stood at 59.46%, suggesting that a large proportion of shares are held by retail investors. The number of shareholders decreased to 75,744 in October 2025 from 72,919 in March 2023, reflecting a possible loss of confidence among the retail investor base. This lack of institutional backing and declining promoter shareholding could signal caution for potential investors looking at MIRC as a viable long-term investment.
Outlook, Risks, and Final Insight
The outlook for MIRC Electronics appears challenging, primarily due to ongoing profitability issues and declining promoter confidence. The company’s recent sales recovery may not be sustainable without strategic changes to enhance operational efficiency and profitability. The significant risks include high debt levels relative to earnings, as indicated by the low interest coverage ratio, and a deteriorating shareholding pattern that may affect future capital raising efforts. However, a potential turnaround could be possible if MIRC successfully implements cost-control measures and improves its product offerings to capture market share. The focus on operational improvements and addressing profitability will be crucial for MIRC to regain investor confidence and stabilize its financial standing in the increasingly competitive consumer electronics landscape.
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 | 140/78.1 | 309 | 30.6 | 0.00 % | 1.86 % | 1.92 % | 10.0 |
| IKIO Lighting Ltd | 1,430 Cr. | 185 | 304/165 | 80.8 | 74.5 | 0.00 % | 8.22 % | 5.55 % | 10.0 |
| Epack Durable Ltd | 2,701 Cr. | 281 | 674/246 | 66.1 | 99.4 | 0.00 % | 9.70 % | 5.98 % | 10.0 |
| Elin Electronics Ltd | 826 Cr. | 167 | 234/108 | 21.6 | 112 | 0.00 % | 6.97 % | 4.38 % | 5.00 |
| CWD Ltd | 912 Cr. | 415 | 417/162 | 107 | 47.9 | 0.00 % | 9.51 % | 5.78 % | 10.0 |
| Industry Average | 15,621.81 Cr | 1,096.79 | 67.74 | 124.70 | 0.19% | 14.89% | 11.51% | 6.44 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 268.58 | 271.47 | 224.98 | 183.47 | 193.23 | 294.51 | 296.83 | 227.79 | 151.37 | 166.81 | 200.72 | 140.85 | 163.31 |
| Expenses | 267.14 | 271.21 | 225.37 | 186.70 | 196.38 | 287.80 | 342.83 | 223.08 | 145.71 | 168.60 | 201.16 | 148.89 | 180.61 |
| Operating Profit | 1.44 | 0.26 | -0.39 | -3.23 | -3.15 | 6.71 | -46.00 | 4.71 | 5.66 | -1.79 | -0.44 | -8.04 | -17.30 |
| OPM % | 0.54% | 0.10% | -0.17% | -1.76% | -1.63% | 2.28% | -15.50% | 2.07% | 3.74% | -1.07% | -0.22% | -5.71% | -10.59% |
| Other Income | 0.26 | 1.45 | 0.17 | 2.49 | 2.81 | 0.51 | 0.68 | 0.83 | 1.24 | 2.58 | 6.08 | 0.64 | 22.39 |
| Interest | 2.65 | 2.25 | 4.19 | 3.31 | 4.05 | 3.76 | 3.93 | 3.29 | 3.88 | 4.48 | 2.95 | 3.47 | 5.23 |
| Depreciation | 2.07 | 2.02 | 2.91 | 2.17 | 2.04 | 1.91 | 1.86 | 1.81 | 1.67 | 1.58 | 1.51 | 1.62 | 1.64 |
| Profit before tax | -3.02 | -2.56 | -7.32 | -6.22 | -6.43 | 1.55 | -51.11 | 0.44 | 1.35 | -5.27 | 1.18 | -12.49 | -1.78 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Net Profit | -3.02 | -2.56 | -7.32 | -6.22 | -6.43 | 1.55 | -51.11 | 0.44 | 1.35 | -5.27 | 1.18 | -12.49 | -1.78 |
| EPS in Rs | -0.11 | -0.09 | -0.26 | -0.22 | -0.23 | 0.06 | -1.82 | 0.02 | 0.05 | -0.19 | 0.04 | -0.45 | -0.06 |
Last Updated: December 29, 2025, 11:33 pm
Below is a detailed analysis of the quarterly data for MIRC Electronics Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 163.31 Cr.. The value appears strong and on an upward trend. It has increased from 140.85 Cr. (Jun 2025) to 163.31 Cr., marking an increase of 22.46 Cr..
- For Expenses, as of Sep 2025, the value is 180.61 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 148.89 Cr. (Jun 2025) to 180.61 Cr., marking an increase of 31.72 Cr..
- For Operating Profit, as of Sep 2025, the value is -17.30 Cr.. The value appears to be declining and may need further review. It has decreased from -8.04 Cr. (Jun 2025) to -17.30 Cr., marking a decrease of 9.26 Cr..
- For OPM %, as of Sep 2025, the value is -10.59%. The value appears to be declining and may need further review. It has decreased from -5.71% (Jun 2025) to -10.59%, marking a decrease of 4.88%.
- For Other Income, as of Sep 2025, the value is 22.39 Cr.. The value appears strong and on an upward trend. It has increased from 0.64 Cr. (Jun 2025) to 22.39 Cr., marking an increase of 21.75 Cr..
- For Interest, as of Sep 2025, the value is 5.23 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3.47 Cr. (Jun 2025) to 5.23 Cr., marking an increase of 1.76 Cr..
- For Depreciation, as of Sep 2025, the value is 1.64 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1.62 Cr. (Jun 2025) to 1.64 Cr., marking an increase of 0.02 Cr..
- For Profit before tax, as of Sep 2025, the value is -1.78 Cr.. The value appears strong and on an upward trend. It has increased from -12.49 Cr. (Jun 2025) to -1.78 Cr., marking an increase of 10.71 Cr..
- For Tax %, as of Sep 2025, the value is 0.00%. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 0.00%.
- For Net Profit, as of Sep 2025, the value is -1.78 Cr.. The value appears strong and on an upward trend. It has increased from -12.49 Cr. (Jun 2025) to -1.78 Cr., marking an increase of 10.71 Cr..
- For EPS in Rs, as of Sep 2025, the value is -0.06. The value appears strong and on an upward trend. It has increased from -0.45 (Jun 2025) to -0.06, marking an increase of 0.39.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 4:58 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: 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
| 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: 67.74)
- 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 | Contact not found |
| 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 02 January 2026) is ₹1.24 which is 95.69% lower the current market price of ₹28.80, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹1,062 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 1,062 Cr..
What is the current Stock Price of MIRC Electronics Ltd as on 02 January 2026?
The current stock price of MIRC Electronics Ltd as on 02 January 2026 is ₹28.8.
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.