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MIC Electronics (MICEL) is loss-making over the last 12 months, losing ₹12 Cr, so a P/E ratio does not apply. Its share price on 6 Nov 2026 was ₹38.08, 34% below its 52-week high. Debt is 0.22× equity. It is a small-cap company with a market cap of ₹1,134 Cr, ranked 9th of 20 Electronic Components companies by market cap; the shares fell 25% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹39.18
Day high
₹39.70
Day low
₹37.50
Prev. close
₹39.18
Volume
6.8 L

Health check

1 fair · 5 to check
  • ReturnsBehind

    −25.2% over a year, better than 1 of 7 peers.

  • Price tagLoss-making

    Earnings were negative over the last 12 months.

  • GrowthUnder pressure

    Sales +220.4% a year over 3 years, but loss-making now.

  • ProfitabilityWeak

    ROCE 9.7% vs peer median 15.7%.

  • Balance sheetFair

    Debt 0.22× equity, interest covered 4.1×, Piotroski 5 of 9.

  • Red flags4 to check

    Loss-making over the last twelve months.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Electronic Components

19 listed peers. Screen the industry

Small cap

₹1,134 Cr, #9 of 20 in its industry by size.

High beta

Beta 1.78 vs the NIFTY 50: swings more than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹223 Cr · profit ₹−12 Cr
Market cap
₹1,134 Cr
Small cap
P/E
n/a
Industry 63.0
Price to book
4.25
Peers 6.25
Dividend yield
0.00%
ROE
−5.8%
Peers 14.9%
ROCE
9.7%
Peers 15.7%
Debt to equity
0.22
Debt ₹47 Cr
EPS (TTM)
−₹0.50
Face value ₹2
OPM (TTM)
13.1%
Net margin −5.5%
Sales growth
+276.5%
Latest quarter vs a year ago
Profit growth
+27.9%
Latest quarter vs a year ago
Price to sales
5.10
EV/EBITDA 36.3

Strengths and risks

Strengths

  • Quarterly profit up 27.9% on a year ago.
  • Quarterly sales up 276.5% on a year ago.

Risks to check

  • Loss-making over the last twelve months.
  • Return on equity is low at −5.8%.
  • 34% below its 52-week high.
  • Promoter stake down from 55.5% to 41.7%.

Derived automatically from reported figures. Not a recommendation.

About MIC Electronics

MIC Electronics Limited designs, develops, manufactures, and sells Light-Emitting Diode (LED) based street lights and video displays in India. It operates through three business segments, LED Products, Medical & Other Appliances, and Automobiles. The company offers outdoor lighting products, such as street, solar street, flood, and industrial lights; area, down, and parking light products; and indoor/outdoor and mobile displays and LED lighting systems.…

Headquarters
Hyderabad
Employees
90
Sector
Technology
ISIN
INE287C01037
Website
mic.co.in

Price range

52 weeks

₹29.97₹57.60

Today

₹37.50₹39.70
Avg volume (3M)
2.6 L
1-year return
minus 25.2%
From 52-week high
minus 33.9%

Peers · Electronic Components

Capital-heavy industry columns

Compare with peersScreen the whole industry
Company
SYRMASyrma SGS Technology1,459.30minus 3.68%28,11066.747.614.7%10.9%0.2432.8%plus 93.2%
KAYNESKaynes Technology India3,233.00minus 1.81%21,73363.037.512.0%15.6%0.1947.7%minus 50.6%
PGELPG Electroplast546.15minus 0.55%15,66172.537.08.7%7.3%0.2533.8%minus 3.4%
AVALONAvalon Technologies1,893.60minus 9.83%12,66895.072.821.7%11.4%0.3019.3%plus 82.6%
KRNKRN Heat Exchanger and Refrigeration939.80minus 4.99%6,15251.9––13.0%0.16–plus 24.9%
CENTUMCentum Electronics4,069.20minus 0.88%6,007374.441.537.9%10.5%0.382.4%plus 67.0%
MODINSUModern Insulators457.10minus 2.34%2,15522.920.216.7%14.8%0.1318.5%plus 213.5%
MICELMIC Electronics38.08minus 2.81%1,134–45.39.7%13.1%0.22220.4%minus 25.2%
Median of 7 peers–−2.34%12,66866.739.515.7%11.4%0.2426.0%67.0%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrMar 25Jun 25Dec 25Mar 26Jun 26
44.811.690.250.843.7
–––+13.3%+276.5%
36.57.586.337.439.4
8.44.1413.44.3
18.7%35.4%4.4%26.3%9.8%
0.30.10.10.30.2
1.41.71.31.81.4
0.40.90.90.91
6.81.71.9112.1
47.5%––267.3%–
3.61.71.9−18.32.1
–––minus 613.2%+27.9%
0.140.070.08-0.760.09

Sep 25 not reported by the data source.

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+220.4%
ROE
−5.8%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
55083.3165
–+898.3%+66.5%+98.1%
3.83664.9139
1.214.118.425.9
23.7%28.1%22.1%15.7%
1.40.70.20
0.41.74.15.3
21.51.63.7
06.20.2−0.2
0.117.713.116.7
–−248.7%24.8%175.7%
0.161.89.8−12.6
–+42371.7%minus 84.1%minus 228.5%
0.012.790.40-0.53

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
44.344.348.248.2
15.877.7174168
10.611.747.944.2
2.67.143.593.7
73.3141314354
4125.993.388.4
00.142.142.8
0.74.71.81.9
0.36.9136.8
31.3103164214
73.3141314354

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
−6.5−12.9−48.73
−3.118.7−67.2−2.9
9.8−5.2122−6.5
0.20.65.8−6.4
−2.8–−24.4−2.6
−9.2−12.9−730.4

Shareholding pattern

Source: NSE filings
41.7%
promoters
  • Promoters41.73%
  • Public58.27%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202641.73%58.27%0.00
4 Sep 202641.73%58.27%minus 9.84
30 Jun 202651.57%48.43%minus 0.13
31 Mar 202651.70%48.30%minus 3.82
31 Dec 202555.52%44.48%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you