MIC Electronics Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Low debt relative to equity (D/E 0.2x)
Concerns
- Negative return on equity (ROE -5.8%)
- Premium to sector peers (P/E 106x vs industry 47.1x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HAL Hindustan Aeronautics Limited | ₹4,850 | ₹3.2L Cr | 33.9 | 7.9 | 24 | 32 | 0 |
| BEL Bharat Electronics Limited | ₹363 | ₹2.6L Cr | 43 | 11.08 | 27.4 | 36.4 | 0 |
| TMCV Tata Motors Limited | ₹— | ₹1.5L Cr | 20.4 | 10.71 | 34 | 35.9 | 0.44 |
| BHEL Bharat Heavy Electricals Limited | ₹405 | ₹1.3L Cr | 46.9 | 5.28 | 6.23 | 9.14 | 0.22 |
| ABB ABB India Limited | ₹6,490 | ₹1.3L Cr | 84.4 | 14.72 | 22.4 | 29.9 | 0.02 |
| ENRIN Siemens Energy India Limited | ₹2,840 | ₹1.3L Cr | 98.46 | 26.82 | — | — | 0.04 |
| CGPOWER CG Power and Industrial Solutions Limited | ₹832 | ₹1.3L Cr | 91.7 | 15 | 20.5 | 26.7 | 0.02 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
MICEL · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 74.63% | 74.59% | 67.51% | 66.46% | 66.46% | 66.48% |
| FII | — | — | 8.38% | 4.77% | 4.15% | 3.80% |
| Public | 25.37% | 25.41% | 24.11% | 28.76% | 29.38% | 29.72% |
Corporate Events
Annual General Meeting
Annual General Meeting
Latest News
All newsMIC Electronics acquires 59% stake in Neo Semi SG
*MIC Electronics acquires 59% stake in Neo Semi SG* — MIC Electronics has completed the acquisition of a **59% stake** in Singapore-based Neo Semi SG, marking a strategic expansion into the semiconductor space. The move strengthens its position in the electronics manufacturing sector. This acquisition is valued significantly above ₹500Cr, signaling a major shift in business focus. 📊 *STOCKS:* $MICEL | 🏢 *SECTOR:* Corporate | #HIGHIMPACT #Acquisition
MIC Electronics gets in-principle nod for NEO Semi acquisition via preferential share issue
*MIC Electronics gets in-principle approval from stock exchanges for preferential equity issuance to acquire NEO Semi SG Pte Ltd, Singapore.* The move signals strategic expansion in the semiconductor space. **Approval** paves way for capital restructuring. Deal value not disclosed. 📊 *STOCKS:* $MICELECTRON | 🏢 *SECTOR:* Electronics | #MEDIUMIMPACT #Acquisition
MIC Electronics to hold shareholder meeting on Sept 16, 2026
*MIC Electronics to hold shareholder meeting on Sept 16, 2026* — MIC Electronics Limited has scheduled a shareholder meeting on **September 16, 2026**, as per its NSE filing. Purpose of the meeting is not disclosed yet. Such corporate events typically precede major announcements like board changes or strategic decisions. Impact on trading is expected to be minimal unless new material information emerges. 📊 *STOCKS:* MICELECTRON | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #ShareholderMeeting
MIC Electronics announces preferential share issue
*MIC Electronics announces a preferential issue of shares.* The move aims to raise capital from select investors. Details on size, pricing, and participants not disclosed. Such issues may lead to equity dilution if not priced fairly. 📊 *STOCKS:* $MICELECTRON | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #preferential_issue
MIC Electronics shares drop 5% on corporate update
*MIC Electronics shares drop 5% on corporate update.* The company filed a routine disclosure on the NSE with no specific financial impact. **No major events** such as fund raising, acquisition, or change in management were announced. The update appears to be procedural in nature. 📊 *STOCKS:* MIELECTRO | 🏢 *SECTOR:* Electronics | #LOWIMPACT #corporateupdate
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹90 Cr 136.8% | ₹38 Cr 216.7% | ₹12 Cr 73.3% | ₹45 Cr 275.0% | ₹12 Cr 55.6% | ₹27 Cr 145.5% | ₹11 Cr 52.1% | ₹22.96 Cr |
| Op. Profit | ₹4 Cr 0.0% | ₹4 Cr 0.0% | ₹4 Cr 50.0% | ₹8 Cr 166.7% | ₹3 Cr 25.0% | ₹4 Cr 33.3% | ₹3 Cr 44.5% | ₹5.41 Cr |
| OPM | 4.0% 60.0% | 10.0% 71.4% | 35.0% 84.2% | 19.0% 34.5% | 29.0% 123.1% | 13.0% 45.8% | 24.0% 1.9% | 23.6% |
| Net Profit | ₹2 Cr 0.0% | ₹2 Cr 0.0% | ₹2 Cr 50.0% | ₹4 Cr 100.0% | ₹2 Cr 0.0% | ₹2 Cr 0.0% | ₹2 Cr 96.0% | ₹49.59 Cr |
| EPS (₹) | 0.08 11.1% | 0.09 28.6% | 0.07 53.3% | 0.15 66.7% | 0.09 0.0% | 0.09 12.5% | 0.08 96.4% | 2.24 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹191 Cr 101.1% | ₹95 Cr 72.7% | ₹55 Cr 139.1% | ₹23 Cr 48.9% | ₹45 Cr 4400.0% | ₹1 Cr 50.0% | ₹2 Cr 60.0% | ₹5 Cr 96.9% | ₹159 Cr 27.1% | ₹218 Cr |
| Expenses | ₹165 Cr 117.1% | ₹76 Cr 81.0% | ₹42 Cr 100.0% | ₹21 Cr 44.7% | ₹38 Cr 1166.7% | ₹3 Cr 84.2% | ₹19 Cr 24.0% | ₹25 Cr 84.7% | ₹163 Cr 24.5% | ₹216 Cr |
| Op. Profit | ₹25 Cr 38.9% | ₹18 Cr 50.0% | ₹12 Cr 500.0% | ₹2 Cr 71.4% | ₹7 Cr 450.0% | ₹-2 Cr 88.2% | ₹-17 Cr 15.0% | ₹-20 Cr 400.0% | ₹-4 Cr 300.0% | ₹2 Cr |
| OPM | 13.0% 31.6% | 19.0% 17.4% | 23.0% 228.6% | 7.0% 53.3% | 15.0% 110.0% | -150.0% 83.7% | -919.0% 125.8% | -407.0% 13466.7% | -3.0% 400.0% | 1.0% |
| Other Income | ₹1 Cr 0.0% | ₹1 Cr 88.9% | ₹9 Cr 350.0% | ₹2 Cr 100.0% | ₹1 Cr 66.7% | ₹3 Cr 200.0% | ₹1 Cr | ₹0 Cr 100.0% | ₹-95 Cr 4850.0% | ₹2 Cr |
| Interest | ₹6 Cr 20.0% | ₹5 Cr 150.0% | ₹2 Cr 100.0% | ₹1 Cr 50.0% | ₹2 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr 100.0% | ₹24 Cr 17.2% | ₹29 Cr |
| Depreciation | ₹4 Cr 100.0% | ₹2 Cr 0.0% | ₹2 Cr 0.0% | ₹2 Cr 33.3% | ₹3 Cr 57.1% | ₹7 Cr 12.5% | ₹8 Cr 0.0% | ₹8 Cr 0.0% | ₹8 Cr 0.0% | ₹8 Cr |
| PBT | ₹17 Cr 30.8% | ₹13 Cr 27.8% | ₹18 Cr | ₹0 Cr 100.0% | ₹3 Cr 160.0% | ₹-5 Cr 79.2% | ₹-24 Cr 11.1% | ₹-27 Cr 79.5% | ₹-132 Cr 312.5% | ₹-32 Cr |
| Tax % | 176.0% 604.0% | 25.0% 110.0% | -249.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% 100.0% | 46.0% 411.1% | 9.0% |
| Net Profit | ₹-13 Cr 230.0% | ₹10 Cr 83.9% | ₹62 Cr | ₹0 Cr 100.0% | ₹3 Cr 160.0% | ₹-5 Cr 79.2% | ₹-24 Cr 11.1% | ₹-27 Cr 85.9% | ₹-191 Cr 445.7% | ₹-35 Cr |
| EPS (₹) | -0.52 226.8% | 0.41 85.3% | 2.79 27800.0% | 0.01 92.9% | 0.14 156.0% | -0.25 77.1% | -1.09 12.8% | -1.25 85.6% | -8.69 450.0% | -1.58 |
| Div Payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹48 Cr 0.0% | ₹48 Cr 9.1% | ₹44 Cr 0.0% | ₹44 Cr 0.0% | ₹44 Cr 0.0% | ₹44 Cr 0.0% | ₹44 Cr 0.0% | ₹44 Cr 0.0% | ₹44 Cr 0.0% | ₹44 Cr |
| Reserves | ₹180 Cr 3.4% | ₹174 Cr 123.1% | ₹78 Cr 310.5% | ₹19 Cr 5.6% | ₹18 Cr 146.2% | ₹-39 Cr 77.3% | ₹-172 Cr 16.2% | ₹-148 Cr 22.3% | ₹-121 Cr 275.4% | ₹69 Cr |
| Borrowings | ₹46 Cr 4.2% | ₹48 Cr 300.0% | ₹12 Cr 29.4% | ₹17 Cr 112.5% | ₹8 Cr 75.8% | ₹33 Cr 75.6% | ₹135 Cr 15.4% | ₹117 Cr 0.0% | ₹117 Cr 12.5% | ₹104 Cr |
| Other Liabilities | ₹76 Cr 76.7% | ₹43 Cr 514.3% | ₹7 Cr 12.5% | ₹8 Cr 100.0% | ₹4 Cr 85.2% | ₹27 Cr 82.5% | ₹154 Cr 6.7% | ₹165 Cr 3.1% | ₹160 Cr 28.0% | ₹125 Cr |
| Total Liabilities | ₹350 Cr 11.5% | ₹314 Cr 122.7% | ₹141 Cr 62.1% | ₹87 Cr 16.0% | ₹75 Cr 15.4% | ₹65 Cr 59.6% | ₹161 Cr 9.6% | ₹178 Cr 11.0% | ₹200 Cr 41.5% | ₹342 Cr |
Assets | ||||||||||
| Fixed Assets | ₹48 Cr 2.1% | ₹47 Cr 80.8% | ₹26 Cr 39.5% | ₹43 Cr 8.5% | ₹47 Cr 2.2% | ₹46 Cr 38.7% | ₹75 Cr 8.5% | ₹82 Cr 8.9% | ₹90 Cr 3.2% | ₹93 Cr |
| CWIP | ₹0 Cr 100.0% | ₹2 Cr | ₹0 Cr 100.0% | ₹10 Cr 100.0% | ₹5 Cr | ₹0 Cr 100.0% | ₹2 Cr 0.0% | ₹2 Cr 0.0% | ₹2 Cr 71.4% | ₹7 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr 100.0% | ₹8 Cr 0.0% | ₹8 Cr 14.3% | ₹7 Cr 0.0% | ₹7 Cr 0.0% | ₹7 Cr |
| Other Assets | ₹302 Cr 14.0% | ₹265 Cr 130.4% | ₹115 Cr 238.2% | ₹34 Cr 47.8% | ₹23 Cr 109.1% | ₹11 Cr 85.5% | ₹76 Cr 12.6% | ₹87 Cr 14.7% | ₹102 Cr 56.8% | ₹236 Cr |
| Total Assets | ₹350 Cr 11.5% | ₹314 Cr 122.7% | ₹141 Cr 62.1% | ₹87 Cr 16.0% | ₹75 Cr 15.4% | ₹65 Cr 59.6% | ₹161 Cr 9.6% | ₹178 Cr 11.0% | ₹200 Cr 41.5% | ₹342 Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹-49 Cr 276.9% | ₹-13 Cr 160.0% | ₹-5 Cr 91.4% | ₹-58 Cr 60.3% | ₹-146 Cr 14700.0% | ₹1 Cr | ₹0 Cr 100.0% | ₹33 Cr 250.0% | ₹-22 Cr 0.0% | ₹-22 Cr |
| Investing CF | ₹-67 Cr 452.6% | ₹19 Cr 480.0% | ₹-5 Cr 44.4% | ₹-9 Cr 145.0% | ₹20 Cr 2100.0% | ₹-1 Cr | ₹0 Cr | ₹0 Cr 100.0% | ₹-1 Cr | ₹0 Cr |
| Financing CF | ₹122 Cr 2540.0% | ₹-5 Cr 150.0% | ₹10 Cr 84.8% | ₹66 Cr 47.6% | ₹126 Cr | ₹0 Cr | ₹0 Cr 100.0% | ₹-33 Cr 250.0% | ₹22 Cr | ₹0 Cr |
| Net Cash Flow | ₹6 Cr 500.0% | ₹1 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr 100.0% | ₹-1 Cr 95.5% | ₹-22 Cr |
| Free Cash Flow | ₹-73 Cr 2533.3% | ₹3 Cr 133.3% | ₹-9 Cr 86.4% | ₹-66 Cr 46.3% | ₹-123 Cr 12400.0% | ₹1 Cr | ₹0 Cr 100.0% | ₹33 Cr 243.5% | ₹-23 Cr 4.5% | ₹-22 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 324d 91.7% | 169d 275.6% | 45d 309.1% | 11d 99.2% | 1326d 28.9% | 1866d 27.3% | 1466d 1779.5% | 78d 36.8% | 57d 65.9% | 167d |
| Inventory Days | 100d 1.0% | 101d 73.6% | 383d 299.0% | 96d 90.1% | 972d 96.8% | 30641d 332.5% | 7084d 5186.6% | 134d 44.4% | 241d 31.0% | 184d |
| Days Payable | 245d 483.3% | 42d 200.0% | 14d 133.3% | 6d 99.3% | 817d 97.8% | 37323d 347.3% | 8344d 5462.7% | 150d 78.6% | 84d 43.6% | 149d |
| Cash Conv. Cycle | 180d 21.1% | 228d 44.9% | 414d 309.9% | 101d 93.2% | 1480d 130.7% | -4815d 2437.4% | 206d 232.3% | 62d 71.0% | 214d 6.5% | 201d |
| Working Capital Days | 314d 34.2% | 234d 45.3% | 161d 49.1% | 108d 101.3% | -8167d 81.1% | -43260d 177.1% | -15613d 3522.5% | -431d 926.2% | -42d 362.5% | 16d |
| ROCE | 9.0% 25.0% | 12.0% 1100.0% | 1.0% 88.9% | 9.0% 137.5% | -24.0% 90.1% | -242.0% 137.3% | -102.0% 1175.0% | -8.0% 700.0% | -1.0% 111.1% | 9.0% |
Source: Screener.in · Lower days = better efficiency