MICEL - MIC Electronics Limited Share Price

Industrial Manufacturing

₹46.20-1.49(-3.12%)

Market Closed as of Aug 12, 2025, 15:30 IST

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Valuation
Market Cap	1.11 kCr
Price/Earnings (Trailing)	118.46
Price/Sales (Trailing)	13.91
EV/EBITDA	55.52
Price/Free Cashflow	-9.69
MarketCap/EBT	87.19
Enterprise Value	1.15 kCr

Fundamentals
Revenue (TTM)	80.04 Cr
Rev. Growth (Yr)	7.5%
Earnings (TTM)	9.51 Cr
Earnings Growth (Yr)	-15.2%

Profitability
Operating Margin	16%
EBT Margin	16%
Return on Equity	4.27%
Return on Assets	3.39%
Free Cashflow Yield	-10.32%

Price to Sales Ratio

Latest reported: 14

Revenue (Last 12 mths)

Latest reported: 8 Cr

Net Income (Last 12 mths)

Latest reported: 1 Cr

Growth & Returns
Price Change 1W	-10.1%
Price Change 1M	-9.9%
Price Change 6M	-30.3%
Price Change 1Y	-37.1%
3Y Cumulative Return	42%
5Y Cumulative Return	77.8%
7Y Cumulative Return	19.9%
10Y Cumulative Return	-7.9%

Cash Flow & Liquidity
Cash Flow from Investing (TTM)	-74.79 Cr
Cash Flow from Operations (TTM)	-92.34 Cr
Cash Flow from Financing (TTM)	121.61 Cr
Cash & Equivalents	6.5 Cr
Free Cash Flow (TTM)	-114.92 Cr
Free Cash Flow/Share (TTM)	-4.77

Balance Sheet
Total Assets	280.21 Cr
Total Liabilities	91.4 Cr
Shareholder Equity	222.59 Cr
Current Assets	173.73 Cr
Current Liabilities	45.45 Cr
Net PPE	46.73 Cr
Inventory	16.14 Cr
Goodwill	0.00

Capital Structure & Leverage
Debt Ratio	0.16
Debt/Equity	0.2
Interest Coverage	1.19
Interest/Cashflow Ops	-14.85

Dividend & Shareholder Returns
Dividend Yield	0.73%
Shares Dilution (1Y)	0.00%
Shares Dilution (3Y)	8.8%

Risk & Volatility
Max Drawdown	-88.8%
Drawdown Prob. (30d, 5Y)	76.54%
Risk Level (5Y)	70.7%

Pros

Balance Sheet: Strong Balance Sheet.

Profitability: Recent profitability of 12% is a good sign.

Past Returns: Outperforming stock! In past three years, the stock has provided 42% return compared to 11.4% by NIFTY 50.

Growth: Awesome revenue growth! Revenue grew 32.7% over last year and 64.6% in last three years on TTM basis.

Cons

Momentum: Stock is suffering a negative price momentum. Stock is down -9.9% in last 30 days.

Smart Money: Smart money is losing interest in the stock.

Insider Trading: Significant insider selling noticed recently.

Technicals: SharesGuru indicator is Bearish.

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Investor Care
Dividend Yield	0.73%
Shares Dilution (1Y)	0.00%
Earnings/Share (TTM)	0.39

Financial Health
Current Ratio	3.82
Debt/Equity	0.2

Technical Indicators
RSI (14d)	36.36
RSI (5d)	24.2
RSI (21d)	42.96
MACD Signal	Sell
Stochastic Oscillator Signal	Buy
Grufity Signal	Sell
RSI Signal	Hold
RSI5 Signal	Buy
RSI21 Signal	Hold
SMA 5 Signal	Sell
SMA 10 Signal	Sell
SMA 20 Signal	Sell
SMA 50 Signal	Sell
SMA 100 Signal	Sell

Summary of Latest Earnings Report from MIC Electronics

Summary of MIC Electronics's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.

Earnings Outlook

Last updated:

Q&A Session

Last updated:

Revenue Breakdown

Analysis of MIC Electronics's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.

Revenue

Last Updated: Jun 30, 2025

Description	Share	Value
LED Products	97.2%	11.3 Cr
Medical and other appliances	2.8%	32.4 L
Total		11.6 Cr

Share Holdings

Understand MIC Electronics ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

Shareholder Name	Holding %
RRK Enterprise Private Limited	55.39%
Siva Lakshmana Rao Kakarala	3.54%
SAUMIK KETANKUMAR DOSHI	1.37%
KALYAN KAKARALA	1.05%
BINDHU SREE KAKARALA	1.05%
SATYAVATHI KAKARALA	1.04%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Is MIC Electronics Better than it's peers?

Detailed comparison of MIC Electronics against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
BEL	Bharat Electronics	2.78 LCr	24.67 kCr	-7.10%	+26.10%	50.49	11.27	-	-
DIXON	Dixon Tech (India)	95.69 kCr	45.13 kCr	+0.20%	+35.60%	69.09	2.12	-	-
HONAUT	Honeywell Automation India	31.3 kCr	4.59 kCr	-12.20%	-30.60%	61.17	6.82	-	-
TEJASNET	Tejas Networks	9.73 kCr	7.6 kCr	-20.60%	-56.00%	52.81	1.28	-	-

Sector Comparison: MICEL vs Industrial Manufacturing

Comprehensive comparison against sector averages

Comparative Metrics

MICEL metrics compared to Industrial

Category	MICEL	Industrial
PE	122.28	50.50
PS	14.36	3.94
Growth	32.7 %	8.7 %

Performance Comparison

MICEL vs Industrial (2021 - 2025)

Key Insights

1. MICEL is NOT among the Top 10 largest companies in Industrial Products.
2. The company holds a market share of 0.1% in Industrial Products.
3. In last one year, the company has had an above average growth that other Industrial Products companies.

Income Statement for MIC Electronics

Consolidated figures (in Rs. Crores) / View Standalone Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Revenue From Operations	-	95	-	23	45	1.09	1.86
Other Income	-	1.24	-	1.94	1.3	3.14	0.99
Total Income	-	96	-	25	46	4.23	2.85
Cost of Materials	-	33	-	5.7	20	0.19	0.41
Purchases of stock-in-trade	-	33	-	17	12	0	0
Employee Expense	-	7.47	-	3.45	3.15	0.63	2.46
Finance costs	-	4.61	-	0.79	1.74	0.09	0.2
Depreciation and Amortization	-	1.61	-	2.37	2.91	6.82	7.53
Other expenses	-	10	-	2.94	5.4	1.4	16
Total Expenses	-	83	-	25	43	9.64	27
Profit Before exceptional items and Tax	-	13	-	0.26	3.03	-5.41	-23.95
Exceptional items before tax	-	0	-	0	0	0	0
Total profit before tax	-	13	-	0.26	3.03	-5.41	-23.95
Current tax	-	0	-	0	0.04	0	0
Deferred tax	-	3.24	-	0.01	0.03	0	0
Total tax	-	3.24	-	0.01	0.07	0	0
Total profit (loss) for period	-	9.83	-	0.25	2.96	-5.41	-23.95
Other comp. income net of taxes	-	-0.14	-	0	0	0	0
Total Comprehensive Income	-	9.69	-	0.25	2.96	-5.41	-23.95
Earnings Per Share, Basic	-	0.4	-	0.01	0.13	-0.25	-2.18
Earnings Per Share, Diluted	-	0.4	-	0.01	0.13	-0.25	-2.18

Description	(%) Q/Q	Jun-2025	Mar-2025	Dec-2024	Sep-2024	Jun-2024	Mar-2024
Revenue From Operations	-75%	12	45	12	27	-	-
Other Income	-24.6%	0.14	0.31	0.49	0.23	-	-
Total Income	-75%	12	45	12	28	-	-
Cost of Materials	-48.5%	6.15	11	8.98	7.57	-	-
Purchases of stock-in-trade	-106.2%	0	17	0	16	-	-
Employee Expense	-5.4%	2.22	2.29	1.98	1.71	-	-
Finance costs	59.5%	1.67	1.42	1.38	1.35	-	-
Depreciation and Amortization	83.9%	0.91	0.44	0.39	0.39	-	-
Other expenses	-73.9%	1.58	3.22	1.35	3.74	-	-
Total Expenses	-75.7%	10	38	10	26	-	-
Profit Before exceptional items and Tax	-88.5%	1.67	6.81	2.17	2.13	-	-
Exceptional items before tax	-	0	0	0	0	-	-
Total profit before tax	-88.5%	1.67	6.81	2.17	2.13	-	-
Current tax	-	0	0	0	0	-	-
Deferred tax	-144.6%	0	3.24	0	0	-	-
Total tax	-144.6%	0	3.24	0	0	-	-
Total profit (loss) for period	-73.9%	1.67	3.57	2.17	2.13	-	-
Other comp. income net of taxes	12.3%	0	-0.14	0	0	-	-
Total Comprehensive Income	-72.5%	1.67	3.44	2.17	2.13	-	-
Earnings Per Share, Basic	-8.1%	0.07	0.14	0.09	0.09	-	-
Earnings Per Share, Diluted	-8.1%	0.07	0.14	0.09	0.09	-	-

Standalone figures (in Rs. Crores) / View Consolidated Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Revenue From Operations	13%	62	55	5.89	31	1.09	1.86
Other Income	-77.8%	1.22	1.99	1.91	1.19	3.14	0.99
Total Income	10.7%	63	57	7.8	32	4.23	2.85
Cost of Materials	23.1%	33	27	5.69	20	0.19	0.41
Employee Expense	45.1%	7.47	5.46	2.23	2.03	0.63	2.46
Finance costs	464.1%	4.61	1.64	0.5	1.14	0.09	0.2
Depreciation and Amortization	13%	1.61	1.54	2.04	2.61	6.82	7.53
Other expenses	37.4%	10	7.55	2.49	4.16	1.4	16
Total Expenses	11.4%	50	45	7.65	30	9.64	27
Profit Before exceptional items and Tax	20%	13	11	0.15	2.81	-5.41	-23.95
Exceptional items before tax	-117.8%	0	6.62	0	0	0	0
Total profit before tax	-29.4%	13	18	0.15	2.81	-5.41	-23.95
Deferred tax	105%	3.24	-44.11	0	0	0	0
Total tax	105%	3.24	-44.11	0	0	0	0
Total profit (loss) for period	-85.6%	9.79	62	0.15	2.81	-5.41	-23.95
Other comp. income net of taxes	-	-0.14	0	0	0	0	0
Total Comprehensive Income	-85.8%	9.65	62	0.15	2.81	-5.41	-23.95
Earnings Per Share, Basic	-133.5%	0.4	2.79	0.01	0.13	-0.25	-2.18
Earnings Per Share, Diluted	-133.5%	0.4	2.79	0.01	0.13	-0.25	-2.18

Description	(%) Q/Q	Jun-2025	Mar-2025	Dec-2024	Sep-2024	Jun-2024	Mar-2024
Revenue From Operations	-59.3%	12	28	12	11	11	23
Other Income	-24.6%	0.14	0.31	0.49	0.21	0.22	0.86
Total Income	-59.3%	12	28	12	11	11	24
Cost of Materials	-48.5%	6.15	11	8.98	7.57	5.2	10
Employee Expense	-5.4%	2.22	2.29	1.98	1.71	1.49	1.63
Finance costs	59.5%	1.67	1.42	1.38	1.35	0.46	0.42
Depreciation and Amortization	83.9%	0.91	0.44	0.39	0.39	0.39	0.37
Other expenses	-72.6%	1.58	3.12	1.35	3.59	1.96	3.21
Total Expenses	-57.1%	10	22	10	9.3	8.97	18
Profit Before exceptional items and Tax	-88.4%	1.67	6.79	2.17	2.11	1.97	5.48
Exceptional items before tax	-	0	0	0	0	0	0
Total profit before tax	-88.4%	1.67	6.79	2.17	2.11	1.97	5.48
Deferred tax	-144.6%	0	3.24	0	0	0	-44.11
Total tax	-144.6%	0	3.24	0	0	0	-44.11
Total profit (loss) for period	-73.7%	1.67	3.55	2.17	2.11	1.97	50
Other comp. income net of taxes	12.3%	0	-0.14	0	0	0	0
Total Comprehensive Income	-72.3%	1.67	3.42	2.17	2.11	1.97	50
Earnings Per Share, Basic	-8.1%	0.07	0.14	0.09	0.09	0.08	2.24
Earnings Per Share, Diluted	-8.1%	0.07	0.14	0.09	0.09	0.08	2.24

Balance Sheet for MIC Electronics

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2025	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022
Cash and cash equivalents	132.5%	6.65	3.43	-	0.24	0.22	0.15
Loans, current	-98.2%	1.74	43	-	2.24	7.05	6.79
Total current financial assets	15.1%	100	87	-	11	17	9.58
Inventories	7.1%	16	15	-	22	16	8.98
Total current assets	20.1%	174	145	-	39	32	24
Property, plant and equipment	76.9%	47	27	-	25	43	46
Capital work-in-progress	-	0	0	-	7.93	7.09	5.47
Non-current investments	-	0	0	-	0	0	0
Total non-current financial assets	10.9%	8.35	7.63	-	11	1.53	0.31
Total non-current assets	1.5%	140	138	-	59	55	54
Total assets	10.6%	314	284	-	97	87	78
Borrowings, non-current	9.1%	13	12	-	1.78	1.8	2.98
Total non-current financial liabilities	9.1%	13	12	-	1.78	1.8	2.98
Provisions, non-current	37%	0.54	0.27	-	0.2	0.16	0.07
Total non-current liabilities	9.1%	13	12	-	2.03	1.99	3.05
Borrowings, current	0%	31	31	-	11	14	6.16
Total current financial liabilities	47.1%	76	52	-	14	16	8.49
Provisions, current	-	0.1	0	-	0	0	0
Current tax liabilities	-1%	0	0.01	-	0.1	0	0.03
Total current liabilities	40%	78	56	-	21	21	12
Total liabilities	34.3%	91	68	-	23	23	15
Equity share capital	0%	48	48	-	44	44	44
Non controlling interest	-	0	0	-	1.29	1	1
Total equity	3.3%	223	216	-	74	64	63
Total equity and liabilities	10.6%	314	284	-	97	87	78

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2025	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022
Cash and cash equivalents	747.1%	6.5	0.15	0.89	0.2	0.18	0.1
Loans, current	0%	1.74	1.74	1.74	1.73	6.62	6.17
Total current financial assets	153.8%	67	27	35	11	16	8.85
Inventories	7.1%	16	15	8.01	14	8.34	3.2
Total current assets	14.3%	89	78	61	31	24	16
Property, plant and equipment	76.9%	47	27	26	23	41	43
Capital work-in-progress	-	0	0	0	0.02	0.02	0.21
Non-current investments	0%	51	51	0	3.33	3.33	0
Total non-current financial assets	1.7%	60	59	9.28	15	4.87	3.64
Total non-current assets	1.6%	192	189	80	52	49	48
Total assets	4.5%	280	268	141	82	73	64
Borrowings, non-current	9.1%	13	12	0.16	0	0	0
Total non-current financial liabilities	9.1%	13	12	0.16	0	0	0
Provisions, non-current	37%	0.54	0.27	0.23	0.2	0.16	0.07
Total non-current liabilities	9.1%	13	12	0.38	0.2	0.16	0.07
Borrowings, current	0%	31	31	11	7.32	11	2.56
Total current financial liabilities	20%	43	36	15	10	12	3.85
Provisions, current	-	0.1	0	0.01	0	0	0
Current tax liabilities	-1%	0	0.01	0	0	0	0
Total current liabilities	12.8%	45	40	18	13	13	5.56
Total liabilities	13.7%	59	52	19	13	13	5.63
Equity share capital	0%	48	48	44	44	44	44
Total equity	2.8%	222	216	122	70	60	59
Total equity and liabilities	4.5%	280	268	141	82	73	64

Cash Flow for MIC Electronics

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Finance costs	-	4.61	-	0.79	1.73	-	-
Change in inventories	-	-8.13	-	-7.89	-5.98	-	-
Depreciation	-	1.61	-	2.37	2.91	-	-
Unrealised forex losses/gains	-	0.94	-	0	0	-	-
Adjustments for interest income	-	0.84	-	0	0	-	-
Net Cashflows from Operations	-	-87.73	-	-4.67	-56.45	-	-
Interest paid	-	4.61	-	0.79	1.73	-	-
Interest received	-	0	-	1.02	0	-	-
Income taxes paid (refund)	-	0	-	0.17	0.2	-	-
Other inflows (outflows) of cash	-	0	-	0	0.8	-	-
Net Cashflows From Operating Activities	-	-92.34	-	-4.61	-57.58	-	-
Purchase of property, plant and equipment	-	23	-	2.47	0	-	-
Purchase of intangible assets	-	1.77	-	1.47	0	-	-
Purchase of intangible assets under development	-	0	-	0	3.66	-	-
Purchase of other long-term assets	-	0	-	0	4.62	-	-
Interest received	-	0.84	-	-1.02	-0.33	-	-
Net Cashflows From Investing Activities	-	-23.52	-	-4.96	-8.61	-	-
Proceeds from issuing shares	-	90	-	0	0.24	-	-
Proceeds from issuing other equity instruments	-	0	-	0	33	-	-
Proceeds from borrowings	-	32	-	9.55	3.1	-	-
Other inflows (outflows) of cash	-	-0.36	-	0.25	30	-	-
Net Cashflows from Financing Activities	-	122	-	9.8	66	-	-
Net change in cash and cash eq.	-	5.75	-	0.23	0.04	-	-

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Finance costs	464.1%	4.61	1.64	0.5	1.14	-	-
Change in inventories	-1262.7%	-8.13	0.33	-5.59	-0.86	-	-
Depreciation	13%	1.61	1.54	2.04	2.6	-	-
Adjustments for interest income	11.1%	0.84	0.82	1.02	0	-	-
Net Cashflows from Operations	33.4%	-36.6	-55.49	-8	-57.55	-	-
Interest paid	236.7%	4.61	-1.64	-0.5	1.14	-	-
Interest received	-	0	0	1.02	0.33	-	-
Income taxes paid (refund)	97.8%	0	-44.11	0	0	-	-
Net Cashflows From Operating Activities	-293%	-41.21	-9.74	-6.48	-58.36	-	-
Cashflows used in obtaining control of subsidiaries	-	51	0	0	0	-	-
Proceeds from sales of PPE	-2%	0	0.02	0	0	-	-
Purchase of property, plant and equipment	227%	23	-16.32	0.02	0	-	-
Purchase of intangible assets	-	1.77	0	2.08	0	-	-
Interest received	91.2%	0.84	-0.82	-1.02	-0.33	-	-
Other inflows (outflows) of cash	-	0	0	0	-0.07	-	-
Net Cashflows From Investing Activities	-605.3%	-74.79	16	-3.12	-0.4	-	-
Proceeds from issuing shares	-	90	0	0	0.24	-	-
Proceeds from issuing other equity instruments	-	0	0	0	33	-	-
Proceeds from borrowings	77400%	32	1.04	9.56	-0.7	-	-
Other inflows (outflows) of cash	81.3%	-0.36	-6.27	0.25	26	-	-
Net Cashflows from Financing Activities	2042.2%	122	-5.23	9.81	59	-	-
Effect of exchange rate on cash eq.	-49.3%	0	0.33	0	0	-	-
Net change in cash and cash eq.	4290.9%	5.61	0.89	0.21	0.02	-	-

What does MIC Electronics Limited do?

Industrial Products•Capital Goods•Small Cap

MIC Electronics Limited designs, develops, manufactures, and sells LED video displays, and electronic and telecommunication equipment worldwide. The company offers indoor lighting products comprising area lights, down lights, tube lights, and bulbs; outdoor lighting products, such as street, parking, and industrial lights; solar lighting products, including street and home lighting products; and portable products, such as lanterns, home lights, and angels. It provides indoor displays, such as indoor video screens and digital posters; outdoor displays, including outdoor video walls, digital billboards and posters, ticker displays, and perimeter displays; mobile displays comprising trailer and truck displays; and application-specific displays, such as passenger information displays and infrastructure equipment for digital theme parks, as well as oxygen concentrators and batteries. The company was incorporated in 1988 and is headquartered in Hyderabad, India.

Industry Group:Industrial Manufacturing

Employees:82

Website:www.mic.co.in

MICEL - MIC Electronics Limited Share Price

Valuation

Fundamentals

Profitability

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Growth & Returns

Cash Flow & Liquidity

Balance Sheet

Capital Structure & Leverage

Dividend & Shareholder Returns

Risk & Volatility

Investor Care

Financial Health

Technical Indicators

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

What does MIC Electronics Limited do?