About MIRC Electronics Ltd 
MIRC Electronics Ltd
Micro Cap
Consumer durables
MIRC Electronics Ltd was incorporated in 1981 as a private limited company by Gulu Mirchandani, Vijay Mansukhani and Sonu Mirchandani of the Onida group. Later it transformed as a public limited company in 1992. MIRC is a market leader in consumer electronics goods, it manufactures the well known Onida brand of colour televisions (CTVs), Air Conditioners, Washing Machines, TV-Components & Spares and Electronic Tuners. The company has two subsidiary companies Akasaka Electronics Ltd.
Company Coordinates 
Company Details
Onida House G-1 MIDC, Mahakali Caves Rd Andheri (E) Mumbai Maharashtra : 400093
Registrar Details
Link Intime India Pvt Ltd, C-13 Pannalal Silk Compound, L B S Marg, Bhandup , Mumbai
Capital Structure 
Present Equity Capital
INR 23.10 Cr
Number of Shares
23.1 Cr
Face Value
INR 1.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
30-Dec-2017
23.1
23.10
19200000
1
Conversion of Warrants
06-Jan-2017
21.18
21.18
15518417
1
Allotment of Equity To Others
06-Jan-2017
21.18
21.18
15518417
1
Allotment of Equity To Others
18-Sep-2014
19.62
19.62
54482524
1
Right Issues
18-Sep-2014
19.62
19.62
54482524
1
Right Issues
30-Jun-2010
14.18
14.18
54
1
Unspecified
30-Jun-2010
14.18
14.18
54
1
Unspecified
31-Mar-2010
14.18
14.18
-54
1
Unspecified
31-Mar-2010
14.18
14.18
-54
1
Unspecified
31-Jul-2009
14.18
14.18
-248000
1
Forfeited Shares
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Promoters
Pledged Promoter Holdings
34.5055
Mutual Funds
Held by 3 Schemes (0.0%)
FIIs
Held by 4 FIIs (0.07%)
Promoter with highest holding
Glm Family Trust (gulu Lalchand Mirchandani-in The Capacity Of Trustee) (23.24%)
Highest Public shareholder
Vikram Pratapbhai Kotak (1.08%)
Individual Investors Holdings
40.4%
Management
Designation
Remuneration
Gulu L Mirchandani
Chairman & Managing Director
1.22 cr
Vijay J Mansukhani
Managing Director
1.22 cr
Carlton Pereira
Independent Director
2.2 lacs
Kaval Mirchandani
Whole-time Director
39.63 lacs
Arvind Sharma
Independent Director
1.8 lacs
Mohita Arora
Independent Director
1.8 lacs
Prasad Oak
Company Sec. & Compli. Officer
0
SHIRISH SUVAGIA
Whole-time Director
0
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
Display Devices purchased
3.7537
0%
Display Devices purchased
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Traded Goods
314.84
48.85%
Other Operating Revenues - Others
1.79
0.28%
Other Operating Revenues - Scrap
0.25
0.04%
Traded Goods
Traded Goods
Other Operating Revenues - Others
Other Operating Revenues - Others
Other Operating Revenues - Scrap
Other Operating Revenues - Scrap
Revenue and Profits:
Net Sales:
167 Cr
(Quarterly Results - Dec 2024)
Net Profit:
-5 Cr
Consumer durables
INR 300 Cr (Micro Cap)
NA (Loss Making)
57
0.00%
0.78
-40.10%
2.33