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MIC Electronics Overview

MIC Electronics Ltd designs, develops, manufactures, and sells LED video displays, and electronic and telecommunication system international. The enterprise offers indoor shows, inclusive of indoor video monitors and digital posters; out of doors displays, together with outdoor video walls, virtual billboards, digital posters, ticker displays, and perimeter displays; cell displays comprising trailer and truck presentations; and application-specific presentations, together with passenger statistics displays and infrastructure device for digital ...Read More

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MIC Electronics Key Financials

Market Cap ₹1073 Cr.

Stock P/E 109.1

P/B 5

Current Price ₹44.5

Book Value ₹ 9

Face Value 2

52W High ₹82.8

Dividend Yield 0%

52W Low ₹ 30

MIC Electronics Share Price

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Volume
Price

MIC Electronics Quarterly Price

Show Value Show %

MIC Electronics Peer Comparison

MIC Electronics Quarterly Results

#(Fig in Cr.) Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Net Sales 17 23 11 27 12 45 12 38 90 51
Other Income 1 1 0 0 0 0 0 1 0 0
Total Income 18 24 11 28 12 45 12 38 90 51
Total Expenditure 15 18 8 24 8 36 8 34 86 37
Operating Profit 3 6 3 4 4 9 4 4 4 14
Interest 0 0 0 1 1 1 2 1 1 2
Depreciation 0 0 0 0 0 0 1 1 1 1
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 3 5 2 2 2 7 2 2 2 11
Provision for Tax 0 -44 0 0 0 3 0 0 0 29
Profit After Tax 3 50 2 2 2 4 2 2 2 -18
Adjustments 0 -0 0 0 0 0 0 0 0 -0
Profit After Adjustments 3 50 2 2 2 4 2 2 2 -18
Adjusted Earnings Per Share 0.1 2.2 0.1 0.1 0.1 0.1 0.1 0.1 0.1 -0.8

MIC Electronics Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 159 218 231 159 5 2 1 45 23 55 95 191
Other Income 4 3 2 1 1 1 3 1 2 2 1 1
Total Income 162 221 233 160 5 3 4 46 25 57 96 191
Total Expenditure 148 174 229 163 25 19 3 38 21 42 77 165
Operating Profit 14 47 4 -3 -19 -16 1 8 3 14 20 26
Interest 7 0 29 24 0 0 0 2 1 2 5 6
Depreciation 8 8 8 8 8 8 7 3 2 2 2 4
Exceptional Income / Expenses 0 -196 0 -96 -0 0 0 0 0 7 0 0
Profit Before Tax 0 -157 -32 -132 -27 -24 -5 3 0 18 13 17
Provision for Tax -2 -46 3 60 0 0 0 0 0 -44 3 29
Profit After Tax 2 -111 -35 -191 -27 -24 -5 3 0 62 10 -12
Adjustments 0 0 0 0 0 0 0 0 0 0 -0 0
Profit After Adjustments 2 -111 -35 -191 -27 -24 -5 3 0 62 10 -12
Adjusted Earnings Per Share 0.2 -6.7 -1.6 -8.7 -1.2 -1.1 -0.2 0.1 0 2.8 0.4 -0.5

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 73% 28% 116% -5%
Operating Profit CAGR 43% 36% 0% 4%
PAT CAGR -84% 49% 0% 17%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -23% 36% 116% 9%
ROE Average 9% 65% 39% 12%
ROCE Average 9% 10% 3% -41%

MIC Electronics Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 310 231 113 -77 -104 -128 5 63 63 122 223
Minority's Interest 0 0 0 0 0 0 0 1 1 0 0
Borrowings 17 13 37 0 0 0 26 2 2 0 13
Other Non-Current Liabilities 1 -57 -58 2 2 2 0 0 0 -44 -40
Total Current Liabilities 249 237 189 275 280 286 34 9 21 18 78
Total Liabilities 577 423 282 200 178 161 65 75 87 97 273
Fixed Assets 128 120 93 90 82 75 46 47 43 26 47
Other Non-Current Assets 64 51 24 20 21 19 8 5 12 10 53
Total Current Assets 370 248 165 90 75 67 10 23 32 61 174
Total Assets 577 423 282 200 178 161 65 75 87 97 273

MIC Electronics Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 2 2 1 0 0 0 0 0 0 0 1
Cash Flow from Operating Activities -32 -22 -22 33 0 1 -146 -58 -7 -13 -49
Cash Flow from Investing Activities 11 -1 -1 -0 -0 -1 20 -8 -3 19 -67
Cash Flow from Financing Activities 21 23 22 -33 -0 0 126 66 10 -5 122
Net Cash Inflow / Outflow 0 0 -1 -0 -0 -0 0 0 0 1 6
Closing Cash & Cash Equivalent 2 2 0 0 0 0 0 0 0 1 7

MIC Electronics Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.15 -6.67 -1.58 -8.69 -1.25 -1.09 -0.25 0.13 0.01 2.79 0.4
CEPS(Rs) 0.81 -6.22 -1.23 -8.34 -0.9 -0.75 0.06 0.27 0.12 2.86 0.47
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 24.36 12.34 4.21 -4.37 -5.6 -5.81 -2.42 0.2 0.21 2.87 6.81
Core EBITDA Margin(%) 6.61 19.33 0.87 -2.63 -407.45 -919.55 -151.08 14.88 6.52 22.88 19.27
EBIT Margin(%) 4.02 -68.89 -1.39 -65.22 -558.03 -1271.16 -488.88 11.31 4.65 35.83 18.89
Pre Tax Margin(%) 0.02 -69.1 -12.76 -80.1 -568.22 -1288.78 -497.06 6.75 1.15 32.49 13.79
PAT Margin (%) 1.11 -48.85 -13.91 -116.56 -568.22 -1288.78 -497.06 6.59 1.06 113.31 10.37
Cash Profit Margin (%) 5.91 -45.54 -10.8 -111.84 -409.82 -883.63 129.13 13.07 11.43 116.13 12.07
ROA(%) 0.32 -22.17 -9.89 -79.34 -14.53 -14.14 -4.8 4.23 0.3 67.2 5.32
ROE(%) 0.61 -44.83 -23.45 0 0 0 0 0 5.4 181.33 8.63
ROCE(%) 1.43 -37.31 -1.16 -83.46 -103.18 -243.78 -23.88 9.37 1.42 18.34 8.86
Receivable days 222.03 162.65 93.41 75.36 2006.52 2842.33 2255.51 21.54 33.15 94.08 210.74
Inventory Days 425.36 214.78 137.41 182.56 3788.68 9762.16 8611.59 39.62 188.23 79.49 46.52
Payable days 196.74 154.1 106.36 127.47 8213.99 0 0 12.77 13.16 24.82 132.8
PER(x) 50.46 0 0 0 0 0 0 125.19 1056.25 14.16 132.25
Price/Book(x) 0.31 1.58 3.47 -1.11 -0.18 -0.08 -0.27 84.56 56.53 13.77 7.81
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 1.58 2.2 1.83 1.4 28.4 77.17 42.56 8.41 12.12 16.12 13.89
EV/Core EBITDA(x) 17.39 10.11 97.88 -70.81 -7.21 -8.91 30.99 47.26 80.74 60.76 67.48
Net Sales Growth(%) 65.31 37.26 6.08 -31.29 -96.95 -61.59 -41.36 4024.71 -49.03 138.23 73.64
EBIT Growth(%) 112.09 -2490.73 97.77 -2972.42 74.79 12.5 77.45 195.4 -79.06 1737.48 -8.48
PAT Growth(%) 104 -6249.53 68.52 -448.27 85.63 12.88 77.38 154.7 -91.78 0 -84.1
EPS Growth(%) 103.45 -4502.7 76.26 -448.27 85.63 12.87 77.39 154.41 -91.63 0 -85.6
Debt/Equity(x) 0.56 0.76 1.12 -1.22 -0.95 -1.05 -0.62 1.8 3.57 0.18 0.29
Current Ratio(x) 1.48 1.05 0.88 0.33 0.27 0.23 0.31 2.6 1.52 3.32 2.22
Quick Ratio(x) 0.71 0.73 0.27 0.14 0.09 0.06 0.25 1.72 0.78 2.88 2.01
Interest Cover(x) 1 -334.56 -0.12 -4.38 -54.75 -72.12 -59.72 2.48 1.33 10.74 3.71
Total Debt/Mcap(x) 1.77 0.48 0.32 1.09 5.32 13.29 2.26 0.02 0.06 0.01 0.04

MIC Electronics Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 74.63 74.59 67.51 66.46 66.46 66.48 62.06 58.01 55.52 51.7
FII 0 0 8.38 4.77 4.16 3.8 3.13 0.16 0.16 1.84
DII 0 0 0 0 0 0 0 0 0 0
Public 25.37 25.41 24.11 28.77 29.38 29.72 34.81 41.83 44.32 46.46
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

MIC Electronics News

MIC Electronics Pros & Cons

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 65%
  • Company is almost debt free.

Cons

  • Debtor days have increased from 24.82 to 132.8days.
  • Stock is trading at 5 times its book value.
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