Arthneeti

MIC Electronics Share Price & Earnings Call Analysis

₹35.69-2.11% today
Market cap
₹1,063 Cr
ROE
-5.76%
Price to sales
4.78
Debt to equity
0.20
52W high / low
₹55.1 / ₹30.0
Sales growth (5Y)
180.87%
EBITDA margin
11.40%
Net profit margin
-6.63%
Promoter holding
41.73%
Sales (last year)
₹223 Cr

Incorporated in 1988, MIC Electronics Ltd is in the business of LED Products, Medical & other appliances, and Automobiles (EVs)[1]

Potential multibaggers · Q2 FY27

Potential multibaggers in Industrial Products
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does MIC Electronics rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Industrial Products companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹448 Cr17.9
240%+Up 2%+₹413 Cr12.0
340%+Up 2%+₹324 Cr22.7
440%+Up 0–2%₹1,496 Cr32.8
540%+Up 0–2%₹1,079 Cr12.7
640%+Flat₹827 Cr21.4

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Pro shows every company guiding 40%+ revenue growth →Full Industrial Products ranking

MIC Electronics announcements

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Financials of MIC Electronics

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of MIC Electronics

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +1181017231127124512389051
Expenses +96715188248368348637
Operating Profit22335343844413
OPM %22%25%29%15%24%24%13%29%19%35%10%4%26%
Other Income +1071100000100
Interest0100001112112
Depreciation1100000001111
Profit before tax21935222722211
Tax %0%-1%1%0%-805%0%0%0%48%0%0%0%267%
Net Profit +2193502224222-18
EPS in Rs0.110.060.390.122.240.080.090.090.150.070.090.08-0.76

Financials of MIC Electronics

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +15020721815952145235595191
Expenses +1401632161632519338214276165
Operating Profit11442-4-20-17-272121825
OPM %7%21%1%-3%-407%-919%-150%15%7%23%19%13%
Other Income +4-1932-9501312911
Interest70292400021256
Depreciation888888732224
Profit before tax0-157-32-132-27-24-530181317
Tax %-8,900%-29%9%46%0%0%0%0%0%-249%25%176%
Net Profit +2-111-35-191-27-24-5306210-13
EPS in Rs0.15-6.67-1.58-8.69-1.25-1.09-0.250.140.012.790.41-0.52
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Financials of MIC Electronics

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital243344444444444444444848
Reserves28619869-121-148-172-39181978174168
Borrowings +16115710411711713533817124844
Other Liabilities +12298125160165154274874394
Total Liabilities593486342200178161657587141314354
Fixed Assets +12812093908275464743264747
CWIP171772220510020
Investments677778800000
Other Assets +4423412361028776112334115265307
Total Assets593486342200178161657587141314354

Financials of MIC Electronics

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +-32-22-223301-146-58-5-13-490
Cash from Investing Activity +110-1-0-0-120-9-519-670
Cash from Financing Activity +21022-33-001266610-51220
Net Cash Flow0-22-1-00-0000160
Free Cash Flow-23-22-233301-123-66-93-730
CFO/OP-280%55%-867%-2,147%-2%-4%8,889%-865%-296%-103%-267%0%

Financials of MIC Electronics

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days26216757781,4661,8661,3261145169324375
Inventory Days5461842411347,08430,6419729638310110077
Days Payable190149841508,34437,32381761442245174
Cash Conversion Cycle61820121462206-4,8151,480101414228180278
Working Capital Days28716-42-431-15,613-43,260-8,167108161234314202
ROCE %1%9%-1%-8%-102%-242%-24%9%1%12%9%9%
14out of 100

Momentum score · price trend

14 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months−31.2%21%
Last 6 months−19.7%21%
Last 3 months−5.7%56%

The price is 81.1% below its all-time high of ₹192.88 (4 Jan 2008). Stocks more than 20% below their peak have their score halved, so 28 became 14.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For MIC Electronics: 0.4 × 21 + 0.4 × 21 + 0.2 × 56 = 28, halved to 14 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 2 Nov 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

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