Share Price and Basic Stock Data
Last Updated: January 14, 2026, 9:23 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 in the consumer electronics sector, focusing on the production and distribution of various electronic appliances. The company reported sales of ₹1,110 Cr. for the fiscal year ending March 2023, a decline from ₹1,192 Cr. in the previous year. Quarterly sales figures showed fluctuations, with a peak of ₹294.51 Cr. in December 2023 and a low of ₹183.47 Cr. in June 2023. The latest quarterly report for September 2023 indicated sales of ₹193.23 Cr., reflecting ongoing challenges in maintaining revenue consistency. Over the years, MIRC has experienced a downward trend in sales, with revenues declining from ₹1,284 Cr. in March 2014 to the current levels. This downward trajectory can potentially be attributed to increasing competition and shifts in consumer preferences within the sector. Despite these challenges, the company’s efforts to innovate and adapt its product offerings remain crucial for stabilizing revenue streams.
Profitability and Efficiency Metrics
MIRC Electronics has faced significant profitability challenges, as evidenced by its negative operating profit margin (OPM) of -10.59% and a net profit margin that has consistently been in the red, culminating in a net profit of -₹18 Cr. for the latest fiscal year. The operating profit for the year ending March 2023 stood at ₹5 Cr., down from ₹14 Cr. in the previous year. The interest coverage ratio (ICR) is alarmingly low at 0.01x, indicating difficulty in meeting interest obligations. Additionally, the company’s return on equity (ROE) and return on capital employed (ROCE) were reported at 1.81% and 5.35%, respectively, suggesting inefficiencies in utilizing capital to generate profits. The company’s cash conversion cycle (CCC) of 27 days highlights its operational efficiency in managing cash flows, although the overall profitability metrics raise concerns about the long-term sustainability of its operations.
Balance Sheet Strength and Financial Ratios
The balance sheet of MIRC Electronics reflects a mixed picture of financial health, with total borrowings reported at ₹49 Cr. against reserves of ₹129 Cr. This indicates a relatively manageable debt level, although the interest coverage ratio suggests potential liquidity issues. The company’s market capitalization stands at ₹1,209 Cr., with a price-to-book value (P/BV) ratio of 1.45x, which is relatively high compared to typical sector norms. The total assets reported as of March 2025 were ₹528 Cr., indicating a slight decrease from previous years. The company’s fixed assets have also declined, standing at ₹72 Cr. in the latest fiscal year. MIRC’s working capital days improved to 7 days, suggesting better liquidity management. However, the decline in profitability and the high P/BV ratio could deter potential investors, as they may seek more robust financials before committing capital.
Shareholding Pattern and Investor Confidence
MIRC Electronics’ shareholding pattern reveals a significant shift in promoter holdings, which stood at 40.51% as of October 2025, down from 53.36% in early 2023. This decline may raise concerns regarding the confidence of the promoters in the company’s future prospects. Foreign institutional investors (FIIs) and domestic institutional investors (DIIs) hold minimal stakes at 0.02% and 0.01%, respectively, indicating a lack of interest from institutional investors. The public holds a substantial 59.46%, with the total number of shareholders reported at 75,744. The decreasing promoter stake could signal underlying issues within the company, potentially impacting investor sentiment negatively. The low institutional participation further underscores the need for MIRC to bolster its performance metrics to attract institutional interest and restore confidence among retail investors.
Outlook, Risks, and Final Insight
The outlook for MIRC Electronics is fraught with challenges, particularly in profitability and investor confidence. The company’s declining sales and profitability metrics raise questions about its competitive positioning in a rapidly evolving market. Risks include rising competition from both domestic and international players, which could further erode market share. Additionally, the high levels of negative operating margins and a low interest coverage ratio pose significant financial risks. Conversely, the company’s manageable debt levels and improved working capital management present potential strengths that could aid recovery if effectively leveraged. MIRC must focus on strategic initiatives to enhance product offerings and operational efficiencies to navigate these challenges successfully. Should these initiatives yield positive results, there may be a potential for a turnaround in investor sentiment and financial performance, contingent upon effective execution and market conditions.
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 | 60.9 Cr. | 130 | 140/78.1 | 358 | 30.6 | 0.00 % | 1.86 % | 1.92 % | 10.0 |
| IKIO Lighting Ltd | 1,316 Cr. | 170 | 304/165 | 74.4 | 74.5 | 0.00 % | 8.22 % | 5.55 % | 10.0 |
| Epack Durable Ltd | 2,601 Cr. | 270 | 541/246 | 63.6 | 99.4 | 0.00 % | 9.70 % | 5.98 % | 10.0 |
| Elin Electronics Ltd | 730 Cr. | 147 | 234/108 | 19.0 | 112 | 0.00 % | 6.97 % | 4.38 % | 5.00 |
| CWD Ltd | 780 Cr. | 355 | 425/162 | 91.6 | 47.9 | 0.00 % | 9.51 % | 5.78 % | 10.0 |
| Industry Average | 15,067.13 Cr | 1,023.42 | 67.72 | 124.70 | 0.20% | 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: 67.72)
- 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 14 January 2026) is ₹1.24 which is 96.21% lower the current market price of ₹32.70, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹1,209 Cr. market cap, FY2025-2026 high/low of ₹36.2/10.3, 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 1,209 Cr..
What is the current Stock Price of MIRC Electronics Ltd as on 14 January 2026?
The current stock price of MIRC Electronics Ltd as on 14 January 2026 is ₹32.7.
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 ₹36.2/10.3.
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.