MIC Electronics Limited share price

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. It also provides indoor displays, such as indoor video screens and digital posters; outdoor displays, including outdoor video walls, digital billboards and posters, ticker displays, digital posters, and perimeter displays; defense-grade powe…Read more

Website NSE हिंदी में BSE

TechnologyElectronic ComponentsNSE: MICELISIN INE287C01037

16 Oct 2026, 3:29 PM IST₹34.52▼ 0.38 (1.09%)

Market Cap₹ 1,028 Cr.
Current Price₹ 34.52
High / Low₹ 59 / 30
Stock P/E—
Book Value₹ 9
Dividend Yield0.00 %
ROCE9.7 %
ROE-5.80 %
Face Value₹ 2.0

More figures (10)

EPS (TTM)₹ -0.50
Price / Book3.85
OPM13.5 %
Debt / Equity0.20
Sales growth (3Y)61.8 %
Profit growth (3Y)—
Promoter holding62.6 %
EV / EBITDA33.0
Beta1.74
All-time high₹ 868

Price chart

Price on NSE 50 DMA 200 DMA Volume

Returns	1M	3M	6M	YTD	1Y	3Y CAGR	5Y CAGR
MICEL	+0.64%	-10.38%	-17.42%	-21.42%	-38.31%	-3.74%	+46.08%
Nifty 50	-0.31%	-3.85%	-4.34%	-11.42%	-9.53%	+5.46%	+4.76%

Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.

Quick take

MIC Electronics Limited is in the Electronic Components industry (Technology), with a market value of ₹1,028 crore.
Revenue grew 61.8% a year over the last 3 years.
Return on equity was -5.8% and return on capital employed 9.7% in the latest year.
Debt was 0.20 times shareholders' equity.
The share price is 41.2% below its 52-week high and down 38.3% over one year.
Promoters and insiders hold about 62.6%; institutions about 0.0%.

Pros

Strong return on equity: 22.6% on average over the last 3 years.
Sales have grown 61.8% a year over the last 3 years.
Borrowings are moderate at 0.20 times shareholders' equity.
Institutional (FII + DII) holding has risen by 20.4 points over 3 years.

Cons

Promoter holding has fallen by 32.90 points over 3 years, to 41.73%.
The company has not paid a dividend recently.

Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.

About MIC Electronics Limited

Employees: 90
Head office: Hyderabad

TechnologyElectronic Components

S.No.	Company	CMP ₹	P/E	Mar Cap ₹ Cr	Div Yld %	NP Qtr ₹ Cr	Qtr Profit Var %	Sales Qtr ₹ Cr	Qtr Sales Var %	ROCE %	ROE %	P/B	OPM %	Debt / Eq	Prom. Hold. %	Sales ₹ Cr	Sales Var 3Yrs %
1.	MIC Electronics	34.52	—	1,028	0.00	2	—	44	—	9.7	-5.8	3.85	13.5	0.20	62.62	191	61.8
2.	Syrma SGS Technology	1,604.60	83.4	30,909	0.09	100	101.19	1,589	68.29	14.7	13.8	10.72	10.6	0.14	59.61	4,705	32.8
3.	Kaynes Technology India	3,281.00	64.0	22,056	0.00	56	-51.44	946	-3.91	12.0	9.6	4.73	13.1	0.19	54.91	3,626	47.7
4.	PG Electroplast	521.05	72.9	14,928	0.05	76	13.78	2,034	35.25	8.7	6.7	4.88	6.6	0.20	45.07	5,105	33.8
5.	Avalon Technologies	1,987.30	99.7	13,292	0.00	35	145.31	484	49.83	21.7	16.9	18.40	8.8	0.28	54.40	1,599	19.3
6.	KRN Heat Exchanger and Refrigeration	1,139.60	73.5	7,460	0.00	33	164.84	252	118.87	17.8	14.3	12.37	16.1	0.33	68.49	600	34.4
7.	Centum Electronics	4,026.20	370.4	5,943	0.13	106	2,238.73	203	14.42	37.9	-12.5	17.29	13.4	0.36	49.91	950	2.4
	Median: 7 Co.	1,604.60	78.5	13,292	0.00	56	123.25	484	42.54	14.7	9.6	10.72	13.1	0.20	54.91	1,599	33.8

Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.

Quarterly Results

Consolidated figures in ₹ crore /

₹ Cr	Sep 2024	Dec 2024	Mar 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	27	12	45	38	90	51	44
YOY Sales Growth %				38.00%	668.14%	13.26%
	24	8	36	34	86	37	39
Material Cost %	67%	42%	69%	74%	87%	54%	76%
Employee Cost %	6%	17%	5%	7%	2%	7%	6%
Other Expenses %	14%	11%	7%	9%	6%	14%	9%
Operating Profit	4	3	8	4	4	13	4
OPM %	13%	29%	19%	10%	4%	26%	10%
Other Income	0	0	0	1	0	0	0
Interest	1	1	1	1	1	2	1
Depreciation	0	0	0	1	1	1	1
Profit before tax	2	2	7	2	2	11	2
			48%			267%
Deferred tax			3			29
	2	2	4	2	2	-18	2
Profit to shareholders			3	2		-18
YOY Profit Growth %				1.98%	-13.32%	-613.23%
EPS in Rs	0.09	0.09	0.14	0.09	0.08	-0.76	0.09
Raw filing

₹ Cr	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	3	7	7	17	23	11	11	12	28	12	13	51	12
YOY Sales Growth %					675.78%	52.63%	57.75%	-32.84%	22.23%	9.29%	7.53%	80.98%
	1	5	5	15	18	8	8	8	20	8	9	38	8
Material Cost %	-25%	48%	31%	63%	55%	44%	20%	42%	51%	20%	23%	54%	18%
Employee Cost %	28%	14%	18%	9%	7%	14%	15%	17%	8%	22%	18%	6%	20%
Other Expenses %	20%	10%	18%	13%	14%	18%	32%	11%	11%	27%	32%	14%	31%
Operating Profit	2	2	2	3	5	3	4	3	8	4	3	13	4
OPM %	77%	28%	33%	15%	24%	24%	33%	29%	30%	31%	28%	26%	32%
	1	0	0	1	1	0	0	0	0	1	0	0	0
Exceptional items			7
Interest	0	0	0	0	0	0	1	1	1	1	1	2	1
Depreciation	1	0	0	0	0	0	0	0	0	1	1	1	1
Profit before tax	2	1	8	3	5	2	2	2	7	2	1	11	2
					-804%				48%			269%
Deferred tax					-44				3			29
	2	1	8	3	50	2	2	2	4	2	1	-18	2
YOY Profit Growth %					1,940.74%	58.48%	-74.63%	-20.07%	-92.84%	5.20%	-34.06%	-618.45%
EPS in Rs	0.11	0.06	0.37	0.12	2.24	0.08	0.09	0.09	0.14	0.09	0.06	-0.77	0.07
Raw filing

Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.

Profit & Loss

Consolidated figures in ₹ crore /

₹ Cr	Mar 2022	Mar 2023	Mar 2025	Mar 2026	TTM
	45	23	95	191	223
YOY Sales Growth %		-49.03%	313.63%	101.05%
	39	21	77	165	197
Material Cost %	67%	66%	62%	72%	75%
Employee Cost %	7%	15%	8%	5%	5%
Other Expenses %	12%	13%	11%	9%	9%
Operating Profit	6	1	18	25	25
OPM %	14%	6%	19%	13%	11%
Other Income	1	2	1	1	1
Interest	2	1	5	6	6
Depreciation	3	2	2	4	4
Profit before tax	3	0	13	17	17
	2%	4%	25%	176%	171%
Current tax	0
Deferred tax	0	0	3	29
	3	0	10	-13	-12
Minority share	0
Profit to shareholders	3		10	-13
YOY Profit Growth %		-91.55%	3,832.52%	-228.50%
EPS in Rs	0.13	0.01	0.40	-0.53	-0.50

Compounded Sales Growth

3 Years:: 62%
TTM:: 83%

Compounded Profit Growth

TTM:: -221%

Stock Price CAGR

5 Years:: 46%
3 Years:: -4%
1 Year:: -38%

Return on Equity

4 Years:: 17%
Last Year:: -6%

₹ Cr	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	31	6	55	62	87	88
YOY Sales Growth %		-81.09%	826.57%	13.11%	41.39%
	26	5	42	44	63	63
Material Cost %	63%	7%	54%	42%	42%	40%
Employee Cost %	7%	38%	10%	12%	11%	12%
Other Expenses %	13%	42%	14%	16%	19%	21%
Operating Profit	5	1	12	18	25	25
OPM %	17%	13%	23%	29%	28%	28%
	1	2	2	1	1	1
Exceptional items			7
Interest	1	1	2	5	6	6
Depreciation	3	2	2	2	4	4
Profit before tax	3	0	18	13	16	16
			-249%	25%	181%	180%
Deferred tax			-44	3	29
	3	0	62	10	-13	-13
YOY Profit Growth %		-94.66%	41,125.87%	-84.17%	-233.88%
EPS in Rs	0.13	0.01	2.79	0.40	-0.55	-0.55

Compounded Sales Growth

3 Years:: 146%
TTM:: 42%

Compounded Profit Growth

TTM:: -233%

Stock Price CAGR

5 Years:: 46%
3 Years:: -4%
1 Year:: -38%

Return on Equity

4 Years:: 17%
Last Year:: -6%

Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.

Balance Sheet

Consolidated figures in ₹ crore, as at 31 March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	44	44	48	48
Reserves	16	78	174	168
	11	12	48	44
Long term borrowings		0	13	9
Short term borrowings	11	11	35	35
	3	7	43	94
Trade payables	0	3	39	66
Minority interest	1			1
Current liabilities	13	18	78	127
Total Liabilities	73	141	314	354
	41	26	93	88
Gross block	147	133	197	200
Accumulated depreciation	106	107	103	111
Goodwill & intangibles	3	0	2	1
CWIP	0	0	42	43
	32	115	179	223
Inventories	8	8	16	29
Trade receivables	2	25	84	196
Cash & equivalents	0	1	7	0
Current assets	24	61	174	243
Total Assets	73	141	314	354

Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.

Cash Flows

Consolidated figures in ₹ crore, financial years ending March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-6	-13	-49	3
Profit for the year	0	62	10	-13
Working capital changes	-10	-33	-65	-24
Direct taxes paid		44
	-3	19	-67	-3
Fixed assets purchased	-3		-24	-3
Fixed assets sold	1
	10	-5	122	-7
Proceeds from borrowings	10	1	32
Repayment of borrowings				-4
Net Cash Flow	0	1	6	-6
Free Cash Flow	-9	-13	-73	0

Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.

Ratios

Ratio	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
ROE	—	0.2%	67.9%	5.7%	-5.8%
ROCE	—	0.9%	15.8%	7.3%	9.7%
Operating margin	—	-17.1%	25.0%	20.2%	13.5%
Net margin	—	2.9%	123.6%	11.8%	-7.7%
Debt / equity	—	0.18	0.10	0.22	0.20
Current ratio	—	1.88	3.32	2.22	1.91
Debtor days	—	168	185	369	433
Inventory days	—	7,696	100	100	77
Days payable	—	289	42	244	174
Cash conversion cycle	—	7,575	243	225	336
Working capital days	—	833	311	418	257

Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.

Shareholding Pattern

Numbers in percentages · as filed with NSE each quarter

Promoters 41.73%
FIIs 20.35%
Public 37.92%

%	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	74.63%	74.59%	67.51%	66.46%	66.46%	66.48%	62.06%	58.01%	55.52%	51.70%	51.57%	41.73%
			8.38%	4.77%	4.16%	3.80%	3.13%	0.16%	0.16%	1.84%	5.58%	20.35%
Foreign portfolio investors (Cat. I)			8.33%	4.77%	4.13%	3.74%	3.12%	0.04%	0.04%	1.52%	5.56%	20.34%
Foreign portfolio investors (Cat. II)			0.05%		0.02%	0.06%	0.01%	0.12%	0.12%	0.31%	0.02%	0.02%
	25.37%	25.41%	24.11%	28.77%	29.38%	29.72%	34.81%	41.83%	44.32%	46.46%	42.85%	37.92%
Retail (up to ₹2 lakh)	15.29%	15.90%	15.52%	19.73%	20.32%	20.99%	23.46%	33.40%	36.43%	36.23%	35.29%	28.40%
HNIs (above ₹2 lakh)	4.31%	4.25%	3.68%	3.74%	3.68%	3.48%	5.78%	3.29%	3.08%	5.58%	2.83%	2.49%
NRIs	0.62%	0.62%	0.65%	0.74%	0.76%	0.80%	0.80%	1.02%	1.05%	1.08%	1.09%	0.90%
Bodies corporate	5.14%	4.63%	4.25%	4.53%	4.60%	4.43%	4.75%	2.30%	1.85%	1.76%	1.84%	1.46%
No. of Shareholders	67,404	87,335	1,06,932	1,70,707	1,80,238	1,85,677	1,89,600	2,40,201	2,33,068	2,25,366	2,19,167	2,13,560

Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.

Documents

Announcements

All announcements on NSE →

Annual reports

Credit ratings

Concalls & investor meets

Analysts/Institutional Investor Meet/Con. Call UpdatesMIC Electronics Limited has informed the Exchange about Schedule of meet12-Dec-2025

Filings made by the company with NSE; documents open on NSE's website.

Key dates

Ex-dividend date: 23 Dec 2009
Latest quarter: 30 Jun 2026
Financial year end: 31 Mar 2026

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Latest news

In the news

MIC Electronics MICEL Preferential Shares Trading Approval Oct 2026Kalkine India · 8 Oct 2026

From the company (NSE)

Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.

Questions about MIC Electronics Limited

What is the share price of MIC Electronics Limited today?

MIC Electronics Limited (MICEL) last traded at ₹34.52 on NSE (16 Oct 2026, 3:29 PM IST). Prices may be delayed.

What is the market cap of MIC Electronics Limited?

About ₹1,028 crore at the latest price.

What is the P/E ratio of MIC Electronics Limited?

The P/E is not available (for example when earnings are negative).

Is MIC Electronics Limited a good investment?

We do not give views on individual shares. Whether any share suits you depends on your goals, time horizon and risk appetite; for long-term goals, a diversified mutual fund is often a simpler way to own shares. Investments in securities markets are subject to market risks.

How can I buy MIC Electronics Limited shares?

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Important. Prices from NSE via Yahoo Finance. Quarterly and annual results, shareholding and documents are taken from the filings the company made with NSE; balance sheet, cash flow and valuation figures are compiled by Yahoo Finance; ratios are computed by us from them. Figures may be delayed or revised. This page is for information only: it is not research, a recommendation or an offer to buy or sell any security. Investments in securities markets are subject to market risks; read all related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934); share broking is offered through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539).

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MIC Electronics Limited share price

Price chart

Quick take

Pros

Cons

AI analysis

About MIC Electronics Limited

Peer comparison

Quarterly Results

Profit & Loss

Projection — your assumptions

Related party transactions

Compounded Sales Growth

Compounded Profit Growth

Stock Price CAGR

Return on Equity

Compounded Sales Growth

Compounded Profit Growth

Stock Price CAGR

Return on Equity

Balance Sheet

Cash Flows

Ratios

Shareholding Pattern

Documents

Announcements

Annual reports

Credit ratings

Concalls & investor meets

Key dates

Trade with our broking desk

Latest news

In the news

From the company (NSE)

Questions about MIC Electronics Limited

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