MIC Electronics
Capital Goods
MICEL NSE
₹36.40 No trade today
- P/E
- Not meaningful: loss-making over the last twelve months
Close 4 Nov 2026 ₹36.40 −14.95 −29.1% 1Y
Start ₹51.35
Key Fundamentals
MicrocapIndustrial ManufacturingCapital GoodsPrice-based figures as of · EPS basis: Consolidated · TTM
- ROCE
- 8.67%
- Debt to Equity
- 0.20
- EPS (TTM)
- −₹0.50
- Book Value
- ₹7.64
- Market Cap
- —
- P/E (TTM)
- Not meaningful: loss-making over the last twelve months
- P/B
- 4.76
- ROE
- −5.76%
- Dividend Yield
- 0.00%
- EBITDA
- ₹26.40 Cr
- 52W High
- ₹57.60
- 52W Low
- ₹29.97
- Volume
- 0
Peer Comparison
Industrials › Capital Goods › Industrial Products › Other Industrial Products
| ₹836.40 | 29.69 | ₹22,697 Cr | 10.47 | 0.37% | 45.30% | 59.30% | ₹3,339 Cr | ₹780 Cr | |
| ₹1,936.70 | 68.97 | ₹17,030 Cr | 15.73 | 0.11% | 26.10% | 33.50% | ₹1,618 Cr | ₹255 Cr | |
| ₹5,330.00 | 36.98 | ₹8,482 Cr | 19.11 | 1.37% | 48.80% | 64.70% | ₹1,577 Cr | ₹222 Cr | |
| ₹1,011.70 | 65.95 | ₹6,440 Cr | 6.73 | 0.00% | 14.10% | 16.00% | ₹737 Cr | ₹97 Cr | |
| ₹462.00 | 27.19 | ₹4,075 Cr | 3.00 | 0.34% | 10.50% | 13.00% | ₹1,719 Cr | ₹154 Cr | |
| ₹595.10 | 23.34 | ₹3,836 Cr | 3.12 | 0.51% | 14.50% | 19.20% | ₹3,909 Cr | ₹167 Cr | |
| ₹1,414.20 | 21.46 | ₹2,487 Cr | 4.32 | 0.52% | 16.40% | 22.70% | ₹1,258 Cr | ₹115 Cr | |
| MIC Electronics (this company) | ₹36.40 | — | ₹1,078 Cr | 4.76 | 0.00% | −5.76% | 8.67% | ₹223 Cr | −₹12 Cr |
| Median 8 companies | ₹924.05 | 29.69 | ₹5,257 Cr | 5.75 | 0.36% | 15.45% | 20.95% | ₹1,598 Cr | ₹161 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
44 Weak
Data confidence 93/100
Category scores
- Quality
- 43
- Weak
- Returns, margins, earnings quality 22% weight
- Valuation
- 28
- Poor
- Cheap vs sector & own history 24% weight
- Growth
- 99
- Strong
- Sales & profit trajectory 9% weight
- Financial Health
- 56
- Good
- Solvency, leverage, coverage 9% weight
- Momentum
- 22
- Poor
- Trend strength, vol-adjusted 12% weight
- Ownership
- 50
- Average
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
1- Company is expected to give good quarter
Weaknesses
4- Stock is trading at 3.93 times its book value
- Promoter holding has decreased over last quarter: -9.97%
- Company has a low return on equity of 10.7% over last 3 years.
- Company has high debtors of 375 days.
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Neutral | 6 | 7 | 6 |
| Oscillators | Neutral | 1 | 7 | 1 |
| Moving Averages | Neutral | 5 | 0 | 5 |
Oscillators
Neutral
Bearish
1
Neutral
7
Bullish
1
Overall
Neutral
Bearish
6
Neutral
7
Bullish
6
Moving Averages
Neutral
Bearish
5
Neutral
0
Bullish
5
Key readings
- RSI (14)
- 50.95
- Neutral
- MACD (12,26,9)
- 0.19
- Bearish
- SMA (50)
- 36.15
- Bullish
- SMA (200)
- 38.63
- Bearish
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | −0.80% |
|---|---|
| 5Y | +185.90% |
| 3Y | +102.50% |
| 1Y | +101.05% |
| TTM | +132.71% |
Net profit
| 10Y | Loss narrowed by ₹98 Cr |
|---|---|
| 5Y | Loss widened by ₹8 Cr |
| 3Y | Turned to loss |
| 1Y | Turned to loss |
| TTM | Turned to loss |
Operating cash flow
| 10Y | Turned positive |
|---|---|
| 5Y | Turned positive |
| 3Y | Turned positive |
| 1Y | Turned positive |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | −7.65 pp |
|---|---|
| 5Y | +213.61 pp |
| 3Y | +4.91 pp |
| 1Y | −5.34 pp |
| TTM | −9.05 pp |
Revenue by year
| Mar 2017 | ₹218 Cr |
|---|---|
| Mar 2018 | ₹159 Cr |
| Mar 2019 | ₹5.00 Cr |
| Mar 2020 | ₹2.00 Cr |
| Mar 2021 | ₹1.00 Cr |
| Mar 2022 | ₹45.00 Cr |
| Mar 2023 | ₹23.00 Cr |
| Mar 2024 | ₹55.00 Cr |
| Mar 2025 | ₹95.00 Cr |
| Mar 2026 | ₹191 Cr |
Net profit by year
| Mar 2017 | −₹35.00 Cr |
|---|---|
| Mar 2018 | −₹191 Cr |
| Mar 2019 | −₹27.00 Cr |
| Mar 2020 | −₹24.00 Cr |
| Mar 2021 | −₹5.00 Cr |
| Mar 2022 | ₹3.00 Cr |
| Mar 2023 | ₹0.00 Cr |
| Mar 2024 | ₹62.00 Cr |
| Mar 2025 | ₹10.00 Cr |
| Mar 2026 | −₹13.00 Cr |
Quarterly Results
₹ Cr| Particulars | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 8.26 | 10.31 | 17.49 | 22.96 | 10.71 | 27.46 | 11.75 | 44.85 | 11.61 | 37.89 | 90.23 | 50.79 | 43.72 |
| Expenses | 6.16 | 7.32 | 14.9 | 17.55 | 8.12 | 23.82 | 8.3 | 36.49 | 7.5 | 34.08 | 86.26 | 37.44 | 39.46 |
| Operating Profit | 2.1 | 2.99 | 2.59 | 5.41 | 2.59 | 3.64 | 3.45 | 8.36 | 4.11 | 3.81 | 3.97 | 13.35 | 4.26 |
| OPM % | 25.42% | 29% | 14.81% | 23.56% | 24.18% | 13.26% | 29.36% | 18.64% | 35.4% | 10.06% | 4.4% | 26.28% | 9.74% |
| Other Income | 0.22 | 6.78 | 0.82 | 0.86 | 0.22 | 0.23 | 0.49 | 0.31 | 0.14 | 0.53 | 0.15 | 0.35 | 0.22 |
| Interest | 0.54 | 0.48 | 0.35 | 0.42 | 0.46 | 1.35 | 1.38 | 1.42 | 1.67 | 1.26 | 1.3 | 1.82 | 1.39 |
| Depreciation | 0.55 | 0.38 | 0.35 | 0.37 | 0.39 | 0.39 | 0.39 | 0.44 | 0.91 | 0.91 | 0.94 | 0.92 | 0.96 |
| PBT | 1.23 | 8.92 | 2.71 | 5.48 | 1.96 | 2.13 | 2.17 | 6.81 | 1.67 | 2.17 | 1.88 | 10.96 | 2.13 |
| Tax % | −0.81% | 1.23% | 0% | −804.93% | 0% | 0% | 0% | 47.58% | 0% | 0% | 0% | 267.43% | 0% |
| Net Profit | 1.24 | 8.8 | 2.71 | 49.59 | 1.97 | 2.13 | 2.17 | 3.57 | 1.67 | 2.17 | 1.88 | −18.35 | 2.13 |
| EPS (₹) | 0.06 | 0.39 | 0.12 | 2.24 | 0.08 | 0.09 | 0.09 | 0.15 | 0.07 | 0.09 | 0.08 | −0.76 | 0.09 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 150 | 207 | 218 | 159 | 5 | 2 | 1 | 45 | 23 | 55 | 95 | 191 | 223 |
| Expenses | 140 | 163 | 216 | 163 | 25 | 19 | 3 | 38 | 21 | 42 | 76 | 165 | 197 |
| Operating Profit | 11 | 44 | 2 | −4 | −20 | −17 | −2 | 7 | 2 | 12 | 18 | 26 | 25 |
| OPM % | 7% | 21% | 1% | −2.7% | −407% | −919% | −150% | 15% | 7% | 23% | 19% | 13% | 11% |
| Other Income | 4 | −193 | 2 | −95 | 0 | 1 | 3 | 1 | 2 | 9 | 1 | 1 | 1 |
| Interest | 7 | 0 | 29 | 24 | 0 | 0 | 0 | 2 | 1 | 2 | 5 | 6 | 6 |
| Depreciation | 8 | 8 | 8 | 8 | 8 | 8 | 7 | 3 | 2 | 2 | 2 | 4 | 4 |
| PBT | 0 | −157 | −32 | −132 | −27 | −24 | −5 | 3 | 0 | 18 | 13 | 17 | 17 |
| Tax % | −8900% | −29% | 9% | 46% | 0% | 0% | 0% | 0% | 0% | −249% | 25% | 176% | — |
| Net Profit | 2 | −111 | −35 | −191 | −27 | −24 | −5 | 3 | 0 | 62 | 10 | −13 | −12 |
| EPS (₹) | 0.15 | −6.67 | −1.58 | −8.69 | −1.25 | −1.09 | −0.25 | 0.14 | 0.01 | 2.79 | 0.41 | −0.52 | −0.5 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 24 | 33 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 48 | 48 |
| Reserves | 286 | 198 | 69 | −121 | −148 | −172 | −39 | 18 | 19 | 78 | 174 | 168 |
| Borrowings | 161 | 157 | 104 | 117 | 117 | 135 | 33 | 8 | 17 | 12 | 48 | 44 |
| Other Liabilities | 122 | 98 | 125 | 160 | 165 | 154 | 27 | 4 | 8 | 7 | 43 | 94 |
| Total Liabilities | 593 | 486 | 342 | 200 | 178 | 161 | 65 | 75 | 87 | 141 | 314 | 354 |
| Fixed Assets | 128 | 120 | 93 | 90 | 82 | 75 | 46 | 47 | 43 | 26 | 47 | 46 |
| CWIP | 17 | 17 | 7 | 2 | 2 | 2 | 0 | 5 | 10 | 0 | 2 | 1 |
| Investments | 6 | 7 | 7 | 7 | 7 | 8 | 8 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 442 | 341 | 236 | 102 | 87 | 76 | 11 | 23 | 34 | 115 | 265 | 307 |
| Total Assets | 593 | 486 | 342 | 200 | 178 | 161 | 65 | 75 | 87 | 141 | 314 | 354 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | −32 | −22 | −22 | 33 | 0 | 1 | −146 | −58 | −5 | −13 | −49 | 3 |
| Investing | 11 | 0 | −1 | 0 | 0 | −1 | 20 | −9 | −5 | 19 | −67 | −3 |
| Financing | 21 | 0 | 22 | −33 | 0 | 0 | 126 | 66 | 10 | −5 | 122 | −6 |
| Net Cash Flow | 0 | −22 | −1 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 6 | −6 |
| Free Cash Flow | −23 | −22 | −23 | 33 | 0 | 1 | −123 | −66 | −9 | 3 | −73 | 1 |
| CFO/OP | −280 | 55 | −867 | −2,147 | −2 | −4 | 8,889 | −865 | −296 | −103 | −267 | 12 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 262 | 167 | 57 | 78 | 1,466 | 1,866 | 1,326 | 11 | 45 | 169 | 324 | 375 |
| Inventory Days | 546 | 184 | 241 | 134 | 7,084 | 30,641 | 972 | 96 | 383 | 101 | 100 | 77 |
| Days Payable | 190 | 149 | 84 | 150 | 8,344 | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | 817 | 6 | 14 | 42 | 245 | 174 |
| Cash Conversion Cycle | 618 | 201 | 214 | 62 | 206 | −4,815 | 1,480 | 101 | 414 | 228 | 180 | 278 |
| Working Capital Days | 287 | 16 | −42 | −431 | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | −8,167 | 108 | 161 | 234 | 314 | 202 |
| ROCE % | 1% | 9% | −1% | −8% | −102% | −242% | −24% | 9% | 1% | 12% | 9% | 9% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view MIC Electronics insights
63 extracted metrics across FY11–FY27.
Documents
- 15 Oct 2025
- 18 Sep 2026
- 26 Aug 2026
- 31 Oct 2025
- General announcements 8 Oct 2026
Frequently Asked Questions about MIC Electronics
What does MIC Electronics Ltd do?
Incorporated in 1988, MIC Electronics Ltd is in the business of LED Products, Medical & other appliances, and Automobiles (EVs)
Where is MIC Electronics Ltd (MICEL) listed?
MIC Electronics Ltd trades as MICEL on the NSE and under code 532850 on the BSE.
Which sector does MIC Electronics Ltd belong to?
MIC Electronics Ltd is classified under the Capital Goods sector, in the Industrial Products industry.
What is the 52-week high and low of MIC Electronics Ltd?
Over the last 52 weeks MIC Electronics Ltd has traded between ₹29.97 and ₹57.6 as of 4 Nov 2026.
What is the Return on Equity (ROE) of MIC Electronics Ltd?
MIC Electronics Ltd reported a return on equity of -5.76%. Its debt-to-equity ratio is 0.20.
Company Information
Incorporated in 1988, MIC Electronics Ltd is in the business of LED Products, Medical & other appliances, and Automobiles (EVs)
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