MIC Electronics Ltd.
•₹ 36.241.65%
2026-08-21
PROS
- Company has a good return on equity (ROE) track record: 3 Years ROE 68.9%
- Company has delivered good sales growth of 101.5% CAGR over last 5 years
- Operating margins have improved to 29.5% from 22.1%
- Institutional investors have been accumulating - FII+DII up 2.5pp
- Company maintains a comfortable, low leverage position
CONS
- Recent results are weak - TTM profit is down 224.4% versus prior year
- Receivables are growing faster than sales - a possible quality concern
- Promoter holding has decreased over last 2 years: -15.9pp
- Company has a low return on capital employed of 9.7%
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.26x)
- Operating cash flow has been negative in recent years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | ABB | 7470.00 | 52.98 | 158295.56 | 0.53 | 3623.00 | 930.02 | 35588.70 | 1110.31 | 30.18 | 12.56 |
| 2. | POWERINDIA | 33560.00 | 0.00 | 149584.85 | 0.02 | 294.15 | 123.52 | 2493.69 | 74.46 | 28.73 | 14.58 |
| 3. | SIEMENS | 3899.95 | 42.40 | 138885.22 | 0.46 | 214.31 | -49.38 | 4713.70 | 8.44 | 21.42 | 9.14 |
| 4. | CGPOWER | 875.00 | 110.28 | 137851.88 | 0.15 | 308.28 | 15.52 | 3280.81 | 13.99 | 27.94 | 12.11 |
| 5. | ENRIN | 3436.60 | 0.00 | 122384.37 | 0.12 | 4409.00 | 1578.34 | 24856.00 | 1292.81 | 40.19 | 23.56 |
| 6. | GVT&D | 4055.00 | 555.99 | 103826.87 | 0.25 | 362.99 | 24.65 | 1836.14 | 38.04 | 75.51 | 25.10 |
| 7. | HAVELLS | 1273.00 | 48.91 | 79888.60 | 0.79 | 289.71 | -16.64 | 6518.19 | 19.48 | 25.74 | 7.15 |
| 8. | WAAREEENER | 2684.00 | 20.23 | 77205.62 | 0.15 | 891.87 | 15.39 | 7931.79 | 79.22 | 34.71 | 18.15 |
| 9. | APARINDS | 16764.90 | 59.41 | 70198.55 | 0.36 | 4674.50 | 1677.98 | 65910.60 | 1191.31 | 33.47 | 11.50 |
| 10. | SUZLON | 47.05 | 20.57 | 64673.22 | 0.00 | 305.22 | -5.89 | 3829.09 | 22.83 | 35.79 | 15.55 |
| 11. | SCHNEIDER | 1241.90 | 0.00 | 29694.33 | 0.00 | 124.40 | 201.65 | 6513.60 | 947.83 | 31.01 | 5.23 |
| 12. | MICEL | 35.66 | 0.00 | 859.45 | 0.00 | 2.13 | 27.89 | 43.72 | 276.57 | 8.86 | 9.77 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7 | 7 | 17 | 23 | 11 | 11 | 12 | 28 | 12 | 12 | 13 | 51 | 12 | |
| 5 | 5 | 15 | 18 | 8 | 8 | 8 | 20 | 8 | 8 | 9 | 38 | 11 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
| 1 | 8 | 3 | 5 | 2 | 2 | 2 | 7 | 2 | 2 | 1 | 11 | 2 | |
| Tax % | 0.00% | 0.00% | 0.00% | -803.46% | 0.00% | 0.00% | 0.00% | 47.72% | 0.00% | 0.00% | 0.00% | 268.90% | 0.00% |
| Net Profit | 1 | 8 | 3 | 50 | 2 | 2 | 2 | 4 | 2 | 2 | 1 | -18 | 2 |
| 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 0 | |
| Equity Capital | 44 | 44 | 44 | 44 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 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% |
| Equity Capital | 44 | 44 | 44 | 44 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 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% |
Jun 2023
- 7
- 5
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 0.00%
- Net Profit
- 1
- 0
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 7
- 5
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 8
- Tax %
- 0.00%
- Net Profit
- 8
- 0
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 17
- 15
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 3
- Tax %
- 0.00%
- Net Profit
- 3
- 0
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 23
- 18
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 5
- Tax %
- -803.46%
- Net Profit
- 50
- 2
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 11
- 8
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 2
- Tax %
- 0.00%
- Net Profit
- 2
- 0
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 11
- 8
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 0
- 2
- Tax %
- 0.00%
- Net Profit
- 2
- 0
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 12
- 8
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 0
- 2
- Tax %
- 0.00%
- Net Profit
- 2
- 0
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 28
- 20
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 0
- 7
- Tax %
- 47.72%
- Net Profit
- 4
- 0
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 12
- 8
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 1
- 2
- Tax %
- 0.00%
- Net Profit
- 2
- 0
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 12
- 8
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 1
- 2
- Tax %
- 0.00%
- Net Profit
- 2
- 0
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 13
- 9
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 1
- 1
- Tax %
- 0.00%
- Net Profit
- 1
- 0
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 51
- 38
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 1
- 11
- Tax %
- 268.90%
- Net Profit
- -18
- -1
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 12
- 11
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 1
- 2
- Tax %
- 0.00%
- Net Profit
- 2
- 0
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 218 | 231 | 159 | 5 | 2 | 1 | 31 | 6 | 55 | 62 | 88 | |
| 174 | 229 | 163 | 25 | 19 | 3 | 25 | 5 | 42 | 43 | 66 | |
| Operating Profit | 47 | 4 | -3 | -19 | -16 | 1 | 7 | 3 | 14 | 19 | — |
| OPM % | 22 | 2 | -2 | -394 | -866 | 137 | 22 | 46 | 27 | 32 | — |
| Other Income | 3 | 2 | 1 | 1 | 1 | 3 | 1 | 2 | 2 | 1 | 1 |
| Interest | 0 | 29 | 24 | 0 | 0 | 0 | 1 | 1 | 2 | 5 | 6 |
| Depreciation | 8 | 8 | 8 | 8 | 8 | 7 | 3 | 2 | 2 | 2 | 4 |
| -157 | -32 | -131 | -27 | -24 | -5 | 3 | 0 | 18 | 13 | 16 | |
| Tax % | 29 | -9 | -46 | 0 | 0 | 0 | 0 | 0 | -249 | 25 | 180 |
| Net Profit | -111 | -35 | -191 | -27 | -24 | -5 | 3 | 0 | 62 | 10 | -13 |
| EPS | 0 | 0 | 0 | 0 | -1 | -0 | 0 | 0 | 3 | 0 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -7 | -2 | -9 | -1 | -1 | -0 | 0 | 0 | 3 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -7 | -2 | -9 | -1 | -1 | -0 | 0 | 0 | 3 | 0 | — |
Mar 2016
- 218
- 174
- Operating Profit
- 47
- OPM %
- 22
- Other Income
- 3
- Interest
- 0
- Depreciation
- 8
- -157
- Tax %
- 29
- Net Profit
- -111
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -7
Mar 2017
- 231
- 229
- Operating Profit
- 4
- OPM %
- 2
- Other Income
- 2
- Interest
- 29
- Depreciation
- 8
- -32
- Tax %
- -9
- Net Profit
- -35
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -2
Mar 2018
- 159
- 163
- Operating Profit
- -3
- OPM %
- -2
- Other Income
- 1
- Interest
- 24
- Depreciation
- 8
- -131
- Tax %
- -46
- Net Profit
- -191
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -9
Mar 2019
- 5
- 25
- Operating Profit
- -19
- OPM %
- -394
- Other Income
- 1
- Interest
- 0
- Depreciation
- 8
- -27
- Tax %
- 0
- Net Profit
- -27
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
Mar 2020
- 2
- 19
- Operating Profit
- -16
- OPM %
- -866
- Other Income
- 1
- Interest
- 0
- Depreciation
- 8
- -24
- Tax %
- 0
- Net Profit
- -24
- EPS
- -1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
Mar 2021
- 1
- 3
- Operating Profit
- 1
- OPM %
- 137
- Other Income
- 3
- Interest
- 0
- Depreciation
- 7
- -5
- Tax %
- 0
- Net Profit
- -5
- EPS
- -0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
Mar 2022
- 31
- 25
- Operating Profit
- 7
- OPM %
- 22
- Other Income
- 1
- Interest
- 1
- Depreciation
- 3
- 3
- Tax %
- 0
- Net Profit
- 3
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2023
- 6
- 5
- Operating Profit
- 3
- OPM %
- 46
- Other Income
- 2
- Interest
- 1
- Depreciation
- 2
- 0
- Tax %
- 0
- Net Profit
- 0
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2024
- 55
- 42
- Operating Profit
- 14
- OPM %
- 27
- Other Income
- 2
- Interest
- 2
- Depreciation
- 2
- 18
- Tax %
- -249
- Net Profit
- 62
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2025
- 62
- 43
- Operating Profit
- 19
- OPM %
- 32
- Other Income
- 1
- Interest
- 5
- Depreciation
- 2
- 13
- Tax %
- 25
- Net Profit
- 10
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
TTM
- 88
- 66
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 6
- Depreciation
- 4
- 16
- Tax %
- 180
- Net Profit
- -13
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- -9%
- 5 Years:
- 101%
- 3 Years:
- 26%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 16%
- 5 Years:
- —
- 3 Years:
- 51%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- 95%
- 3 Years:
- 6%
- 1 Year:
- -25%
RETURN ON EQUITY
- 10 Years:
- 14%
- 5 Years:
- 41%
- 3 Years:
- 69%
- Last Year:
- 9%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 33 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 48 |
| 177 | 42 | -147 | -174 | -179 | -105 | -43 | -43 | 19 | 115 | |
| 95 | 10 | 15 | 106 | 105 | 7 | 1 | 11 | 11 | 31 | |
| Trade Payables | 60 | 39 | 56 | 58 | 59 | 1 | 0 | 0 | 3 | 7 |
| 59 | 139 | 225 | 137 | 123 | 110 | 60 | 61 | 18 | 39 | |
| Total Liabilities | 424 | 275 | 193 | 170 | 152 | 57 | 63 | 73 | 97 | 239 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 120 | 93 | 90 | 82 | 75 | 46 | 44 | 41 | 26 | 47 | |
| Capital Work in Progress | 17 | 7 | 2 | 2 | 2 | 0 | 0 | 0 | 0 | 0 |
| 2 | 0 | 0 | 0 | 0 | 0 | 3 | 3 | 0 | 51 | |
| 75 | 114 | 51 | 50 | 50 | 2 | 3 | 8 | 8 | 16 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25 | 51 | |
| Cash & Bank | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 8 | 14 |
| 207 | 60 | 49 | 35 | 25 | 8 | 13 | 20 | 30 | 60 | |
| Total Assets | 424 | 275 | 193 | 170 | 152 | 57 | 63 | 73 | 97 | 239 |
| Total Debt | 157 | 104 | 117 | 117 | 135 | 33 | 1 | 11 | 12 | 48 |
| Net Working Capital | 12 | -23 | -185 | -205 | -219 | -23 | 13 | 11 | 43 | 43 |
| Contingent Liabilities | 23 | 21 | 23 | 23 | 1 | 0 | 0 | 0 | 0 | 5 |
| Book Value per Share | 12.44 | 3.91 | -4.66 | -5.91 | -6.15 | -2.75 | 0.07 | 0.08 | 2.87 | 6.77 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Total Debt | 157 | 104 | 117 | 117 | 135 | 33 | 1 | 11 | 12 | 48 |
| Net Working Capital | 12 | -23 | -185 | -205 | -219 | -23 | 13 | 11 | 43 | 43 |
| Contingent Liabilities | 23 | 21 | 23 | 23 | 1 | 0 | 0 | 0 | 0 | 5 |
| Book Value per Share | 12.44 | 3.91 | -4.66 | -5.91 | -6.15 | -2.75 | 0.07 | 0.08 | 2.87 | 6.77 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
Mar 2016
- Equity Capital
- 33
- 177
- 95
- Trade Payables
- 60
- 59
- Total Liabilities
- 424
- 120
- Capital Work in Progress
- 17
- 2
- 75
- 0
- Cash & Bank
- 2
- 207
- Total Assets
- 424
- Total Debt
- 157
- Net Working Capital
- 12
- Contingent Liabilities
- 23
- Book Value per Share
- 12.44
- Face Value
- 2.00
- Total Debt
- 157
- Net Working Capital
- 12
- Contingent Liabilities
- 23
- Book Value per Share
- 12.44
- Face Value
- 2.00
Mar 2017
- Equity Capital
- 44
- 42
- 10
- Trade Payables
- 39
- 139
- Total Liabilities
- 275
- 93
- Capital Work in Progress
- 7
- 0
- 114
- 0
- Cash & Bank
- 2
- 60
- Total Assets
- 275
- Total Debt
- 104
- Net Working Capital
- -23
- Contingent Liabilities
- 21
- Book Value per Share
- 3.91
- Face Value
- 2.00
- Total Debt
- 104
- Net Working Capital
- -23
- Contingent Liabilities
- 21
- Book Value per Share
- 3.91
- Face Value
- 2.00
Mar 2018
- Equity Capital
- 44
- -147
- 15
- Trade Payables
- 56
- 225
- Total Liabilities
- 193
- 90
- Capital Work in Progress
- 2
- 0
- 51
- 0
- Cash & Bank
- 2
- 49
- Total Assets
- 193
- Total Debt
- 117
- Net Working Capital
- -185
- Contingent Liabilities
- 23
- Book Value per Share
- -4.66
- Face Value
- 2.00
- Total Debt
- 117
- Net Working Capital
- -185
- Contingent Liabilities
- 23
- Book Value per Share
- -4.66
- Face Value
- 2.00
Mar 2019
- Equity Capital
- 44
- -174
- 106
- Trade Payables
- 58
- 137
- Total Liabilities
- 170
- 82
- Capital Work in Progress
- 2
- 0
- 50
- 0
- Cash & Bank
- 2
- 35
- Total Assets
- 170
- Total Debt
- 117
- Net Working Capital
- -205
- Contingent Liabilities
- 23
- Book Value per Share
- -5.91
- Face Value
- 2.00
- Total Debt
- 117
- Net Working Capital
- -205
- Contingent Liabilities
- 23
- Book Value per Share
- -5.91
- Face Value
- 2.00
Mar 2020
- Equity Capital
- 44
- -179
- 105
- Trade Payables
- 59
- 123
- Total Liabilities
- 152
- 75
- Capital Work in Progress
- 2
- 0
- 50
- 0
- Cash & Bank
- 1
- 25
- Total Assets
- 152
- Total Debt
- 135
- Net Working Capital
- -219
- Contingent Liabilities
- 1
- Book Value per Share
- -6.15
- Face Value
- 2.00
- Total Debt
- 135
- Net Working Capital
- -219
- Contingent Liabilities
- 1
- Book Value per Share
- -6.15
- Face Value
- 2.00
Mar 2021
- Equity Capital
- 44
- -105
- 7
- Trade Payables
- 1
- 110
- Total Liabilities
- 57
- 46
- Capital Work in Progress
- 0
- 0
- 2
- 0
- Cash & Bank
- 1
- 8
- Total Assets
- 57
- Total Debt
- 33
- Net Working Capital
- -23
- Contingent Liabilities
- 0
- Book Value per Share
- -2.75
- Face Value
- 2.00
- Total Debt
- 33
- Net Working Capital
- -23
- Contingent Liabilities
- 0
- Book Value per Share
- -2.75
- Face Value
- 2.00
Mar 2022
- Equity Capital
- 44
- -43
- 1
- Trade Payables
- 0
- 60
- Total Liabilities
- 63
- 44
- Capital Work in Progress
- 0
- 3
- 3
- 0
- Cash & Bank
- 1
- 13
- Total Assets
- 63
- Total Debt
- 1
- Net Working Capital
- 13
- Contingent Liabilities
- 0
- Book Value per Share
- 0.07
- Face Value
- 2.00
- Total Debt
- 1
- Net Working Capital
- 13
- Contingent Liabilities
- 0
- Book Value per Share
- 0.07
- Face Value
- 2.00
Mar 2023
- Equity Capital
- 44
- -43
- 11
- Trade Payables
- 0
- 61
- Total Liabilities
- 73
- 41
- Capital Work in Progress
- 0
- 3
- 8
- 0
- Cash & Bank
- 1
- 20
- Total Assets
- 73
- Total Debt
- 11
- Net Working Capital
- 11
- Contingent Liabilities
- 0
- Book Value per Share
- 0.08
- Face Value
- 2.00
- Total Debt
- 11
- Net Working Capital
- 11
- Contingent Liabilities
- 0
- Book Value per Share
- 0.08
- Face Value
- 2.00
Mar 2024
- Equity Capital
- 44
- 19
- 11
- Trade Payables
- 3
- 18
- Total Liabilities
- 97
- 26
- Capital Work in Progress
- 0
- 0
- 8
- 25
- Cash & Bank
- 8
- 30
- Total Assets
- 97
- Total Debt
- 12
- Net Working Capital
- 43
- Contingent Liabilities
- 0
- Book Value per Share
- 2.87
- Face Value
- 2.00
- Total Debt
- 12
- Net Working Capital
- 43
- Contingent Liabilities
- 0
- Book Value per Share
- 2.87
- Face Value
- 2.00
Mar 2025
- Equity Capital
- 48
- 115
- 31
- Trade Payables
- 7
- 39
- Total Liabilities
- 239
- 47
- Capital Work in Progress
- 0
- 51
- 16
- 51
- Cash & Bank
- 14
- 60
- Total Assets
- 239
- Total Debt
- 48
- Net Working Capital
- 43
- Contingent Liabilities
- 5
- Book Value per Share
- 6.77
- Face Value
- 2.00
- Total Debt
- 48
- Net Working Capital
- 43
- Contingent Liabilities
- 5
- Book Value per Share
- 6.77
- Face Value
- 2.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -22 | -22 | 33 | -0 | 0 | -146 | -59 | -9 | -13 | 2 | |
| Cash from Investing | -0 | -1 | -0 | 0 | -0 | 20 | 0 | -1 | 19 | -118 |
| Cash from Financing | 23 | 22 | -33 | -0 | 0 | 126 | 59 | 10 | -5 | 122 |
| 0 | -1 | -0 | -0 | -0 | 0 | 0 | 0 | 1 | 6 | |
| Free Cash Flow | -23 | -22 | 33 | -0 | 0 | -146 | -59 | -9 | -13 | -19 |
| OCF / Net Profit | 0.20 | 0.62 | -0.17 | 0.00 | -0.00 | 27.02 | -20.99 | -58.48 | -0.21 | 0.25 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -11 | -135 | -172 | -214 | -227 | -246 |
| OCF / Net Profit | 0.20 | 0.62 | -0.17 | 0.00 | -0.00 | 27.02 | -20.99 | -58.48 | -0.21 | 0.25 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -11 | -135 | -172 | -214 | -227 | -246 |
Mar 2016
- -22
- Cash from Investing
- -0
- Cash from Financing
- 23
- 0
- Free Cash Flow
- -23
- OCF / Net Profit
- 0.20
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.20
- Cumulative 5-Year FCF
- 0
Mar 2017
- -22
- Cash from Investing
- -1
- Cash from Financing
- 22
- -1
- Free Cash Flow
- -22
- OCF / Net Profit
- 0.62
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.62
- Cumulative 5-Year FCF
- 0
Mar 2018
- 33
- Cash from Investing
- -0
- Cash from Financing
- -33
- -0
- Free Cash Flow
- 33
- OCF / Net Profit
- -0.17
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.17
- Cumulative 5-Year FCF
- 0
Mar 2019
- -0
- Cash from Investing
- 0
- Cash from Financing
- -0
- -0
- Free Cash Flow
- -0
- OCF / Net Profit
- 0.00
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.00
- Cumulative 5-Year FCF
- 0
Mar 2020
- 0
- Cash from Investing
- -0
- Cash from Financing
- 0
- -0
- Free Cash Flow
- 0
- OCF / Net Profit
- -0.00
- Cumulative 5-Year FCF
- -11
- OCF / Net Profit
- -0.00
- Cumulative 5-Year FCF
- -11
Mar 2021
- -146
- Cash from Investing
- 20
- Cash from Financing
- 126
- 0
- Free Cash Flow
- -146
- OCF / Net Profit
- 27.02
- Cumulative 5-Year FCF
- -135
- OCF / Net Profit
- 27.02
- Cumulative 5-Year FCF
- -135
Mar 2022
- -59
- Cash from Investing
- 0
- Cash from Financing
- 59
- 0
- Free Cash Flow
- -59
- OCF / Net Profit
- -20.99
- Cumulative 5-Year FCF
- -172
- OCF / Net Profit
- -20.99
- Cumulative 5-Year FCF
- -172
Mar 2023
- -9
- Cash from Investing
- -1
- Cash from Financing
- 10
- 0
- Free Cash Flow
- -9
- OCF / Net Profit
- -58.48
- Cumulative 5-Year FCF
- -214
- OCF / Net Profit
- -58.48
- Cumulative 5-Year FCF
- -214
Mar 2024
- -13
- Cash from Investing
- 19
- Cash from Financing
- -5
- 1
- Free Cash Flow
- -13
- OCF / Net Profit
- -0.21
- Cumulative 5-Year FCF
- -227
- OCF / Net Profit
- -0.21
- Cumulative 5-Year FCF
- -227
Mar 2025
- 2
- Cash from Investing
- -118
- Cash from Financing
- 122
- 6
- Free Cash Flow
- -19
- OCF / Net Profit
- 0.25
- Cumulative 5-Year FCF
- -246
- OCF / Net Profit
- 0.25
- Cumulative 5-Year FCF
- -246
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | -6.67 | -1.58 | -8.69 | -1.25 | -1.09 | -0.25 | 0.13 | 0.01 | 2.79 | 0.41 |
| Book Value (₹) | 12.44 | 3.91 | -4.66 | -5.91 | -6.15 | -2.75 | 0.07 | 0.08 | 2.87 | 6.77 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | -6.22 | -1.22 | -8.33 | -0.90 | -0.74 | 0.06 | 0.24 | 0.10 | 2.86 | 0.47 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 20.84% | 1.77% | -1.89% | -393.55% | -865.52% | 137.49% | 22.07% | 45.77% | 22.88% | 29.55% |
| Net Margin % | -48.84% | -13.86% | -116.53% | -567.97% | -1287.97% | -496.76% | 9.03% | 2.47% | 113.31% | 15.86% |
| ROE % | -44.51% | -23.75% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 8.79% | 189.38% | 8.63% |
| ROCE % | -37.15% | -1.13% | -87.79% | -138.38% | -934.35% | -35.61% | 9.31% | 0.99% | 19.14% | 8.86% |
| -22.10% | -9.95% | -81.87% | -15.14% | -14.85% | -5.18% | 4.68% | 0.21% | 72.77% | 5.83% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 164 | 93 | 75 | 2007 | 2842 | 2256 | 31 | 112 | 92 | 226 |
| Inventory Days | 215 | 137 | 183 | 3789 | 9762 | 8612 | 27 | 344 | 55 | 71 |
| Payable Days | 154 | 104 | 125 | 8085 | 0 | 0 | 10 | 343 | 23 | 70 |
| 225 | 126 | 133 | -2290 | 12604 | 10867 | 48 | 112 | 124 | 227 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.76x | 1.20x | -1.14x | -0.90x | -0.99x | -0.54x | 0.63x | 6.10x | 0.18x | 0.29x |
| Interest Coverage (x) | -334.98x | -0.12x | -4.38x | -54.73x | -73.44x | -60.65x | 2.93x | 1.29x | 10.74x | 3.70x |
| 1.05x | 0.88x | 0.33x | 0.27x | 0.23x | 0.30x | 4.72x | 1.88x | 3.32x | 1.95x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 37.27% | 6.08% | -31.29% | -96.95% | -61.59% | -41.36% | 2757.76% | -81.08% | 826.22% | 13.11% |
| Operating Profit Growth % | 213.52% | -90.59% | -169.72% | -513.32% | 15.52% | 109.31% | 358.64% | -60.75% | 436.75% | 34.42% |
| Net Profit Growth % | -5148.76% | 68.64% | -450.14% | 85.64% | 12.89% | 77.38% | 151.93% | -94.82% | 0.00% | -84.17% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -85.45% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 14.16x | 130.95x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 13.77x | 7.85x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 60.76x | 67.64x |
Mar 2016
- EPS (₹)
- -6.67
- Book Value (₹)
- 12.44
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -6.22
- Operating Margin %
- 20.84%
- Net Margin %
- -48.84%
- ROE %
- -44.51%
- ROCE %
- -37.15%
- -22.10%
- Debtor Days
- 164
- Inventory Days
- 215
- Payable Days
- 154
- 225
- Debt to Equity (x)
- 0.76x
- Interest Coverage (x)
- -334.98x
- 1.05x
- Revenue Growth %
- 37.27%
- Operating Profit Growth %
- 213.52%
- Net Profit Growth %
- -5148.76%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- -1.58
- Book Value (₹)
- 3.91
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -1.22
- Operating Margin %
- 1.77%
- Net Margin %
- -13.86%
- ROE %
- -23.75%
- ROCE %
- -1.13%
- -9.95%
- Debtor Days
- 93
- Inventory Days
- 137
- Payable Days
- 104
- 126
- Debt to Equity (x)
- 1.20x
- Interest Coverage (x)
- -0.12x
- 0.88x
- Revenue Growth %
- 6.08%
- Operating Profit Growth %
- -90.59%
- Net Profit Growth %
- 68.64%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- -8.69
- Book Value (₹)
- -4.66
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -8.33
- Operating Margin %
- -1.89%
- Net Margin %
- -116.53%
- ROE %
- 0.00%
- ROCE %
- -87.79%
- -81.87%
- Debtor Days
- 75
- Inventory Days
- 183
- Payable Days
- 125
- 133
- Debt to Equity (x)
- -1.14x
- Interest Coverage (x)
- -4.38x
- 0.33x
- Revenue Growth %
- -31.29%
- Operating Profit Growth %
- -169.72%
- Net Profit Growth %
- -450.14%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- -1.25
- Book Value (₹)
- -5.91
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.90
- Operating Margin %
- -393.55%
- Net Margin %
- -567.97%
- ROE %
- 0.00%
- ROCE %
- -138.38%
- -15.14%
- Debtor Days
- 2007
- Inventory Days
- 3789
- Payable Days
- 8085
- -2290
- Debt to Equity (x)
- -0.90x
- Interest Coverage (x)
- -54.73x
- 0.27x
- Revenue Growth %
- -96.95%
- Operating Profit Growth %
- -513.32%
- Net Profit Growth %
- 85.64%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- -1.09
- Book Value (₹)
- -6.15
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.74
- Operating Margin %
- -865.52%
- Net Margin %
- -1287.97%
- ROE %
- 0.00%
- ROCE %
- -934.35%
- -14.85%
- Debtor Days
- 2842
- Inventory Days
- 9762
- Payable Days
- 0
- 12604
- Debt to Equity (x)
- -0.99x
- Interest Coverage (x)
- -73.44x
- 0.23x
- Revenue Growth %
- -61.59%
- Operating Profit Growth %
- 15.52%
- Net Profit Growth %
- 12.89%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- -0.25
- Book Value (₹)
- -2.75
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.06
- Operating Margin %
- 137.49%
- Net Margin %
- -496.76%
- ROE %
- 0.00%
- ROCE %
- -35.61%
- -5.18%
- Debtor Days
- 2256
- Inventory Days
- 8612
- Payable Days
- 0
- 10867
- Debt to Equity (x)
- -0.54x
- Interest Coverage (x)
- -60.65x
- 0.30x
- Revenue Growth %
- -41.36%
- Operating Profit Growth %
- 109.31%
- Net Profit Growth %
- 77.38%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 0.13
- Book Value (₹)
- 0.07
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.24
- Operating Margin %
- 22.07%
- Net Margin %
- 9.03%
- ROE %
- 0.00%
- ROCE %
- 9.31%
- 4.68%
- Debtor Days
- 31
- Inventory Days
- 27
- Payable Days
- 10
- 48
- Debt to Equity (x)
- 0.63x
- Interest Coverage (x)
- 2.93x
- 4.72x
- Revenue Growth %
- 2757.76%
- Operating Profit Growth %
- 358.64%
- Net Profit Growth %
- 151.93%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 0.01
- Book Value (₹)
- 0.08
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.10
- Operating Margin %
- 45.77%
- Net Margin %
- 2.47%
- ROE %
- 8.79%
- ROCE %
- 0.99%
- 0.21%
- Debtor Days
- 112
- Inventory Days
- 344
- Payable Days
- 343
- 112
- Debt to Equity (x)
- 6.10x
- Interest Coverage (x)
- 1.29x
- 1.88x
- Revenue Growth %
- -81.08%
- Operating Profit Growth %
- -60.75%
- Net Profit Growth %
- -94.82%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 2.79
- Book Value (₹)
- 2.87
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.86
- Operating Margin %
- 22.88%
- Net Margin %
- 113.31%
- ROE %
- 189.38%
- ROCE %
- 19.14%
- 72.77%
- Debtor Days
- 92
- Inventory Days
- 55
- Payable Days
- 23
- 124
- Debt to Equity (x)
- 0.18x
- Interest Coverage (x)
- 10.74x
- 3.32x
- Revenue Growth %
- 826.22%
- Operating Profit Growth %
- 436.75%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 14.16x
- P/B (x)
- 13.77x
- Dividend Yield %
- 0.00%
- 60.76x
Mar 2025
- EPS (₹)
- 0.41
- Book Value (₹)
- 6.77
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.47
- Operating Margin %
- 29.55%
- Net Margin %
- 15.86%
- ROE %
- 8.63%
- ROCE %
- 8.86%
- 5.83%
- Debtor Days
- 226
- Inventory Days
- 71
- Payable Days
- 70
- 227
- Debt to Equity (x)
- 0.29x
- Interest Coverage (x)
- 3.70x
- 1.95x
- Revenue Growth %
- 13.11%
- Operating Profit Growth %
- 34.42%
- Net Profit Growth %
- -84.17%
- -85.45%
- P/E (x)
- 130.95x
- P/B (x)
- 7.85x
- Dividend Yield %
- 0.00%
- 67.64x
Documents
Announcements
- Credit Rating- Revision
2026-08-14 - MIC Electronics Limited has informed the Exchange about Credit Rating- Revision
- Copy of Newspaper Publication
2026-08-03 - MIC Electronics Limited has informed the Exchange about Copy of Newspaper Publication
Annual Reports
Credit Ratings
- Credit Rating- Revision
2026-08-14 - MIC Electronics Limited has informed the Exchange about Credit Rating- Revision
Concalls
Nothing filed yet.