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MIC Electronics

  • Market Cap: Small Cap
  • Industry: Trading
  • ISIN: INE287C01037
  • NSEID: MICEL
  • BSEID: 532850
INR
54.72
2.25 (4.29%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 2.96 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

2.96 lacs (-42.23%) Volume

Shareholding (Dec 2024)

FII

4.16%

Held by 6 FIIs

DII

0.00%

Held by 1 DIIs

Promoter

66.46%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 2.39%

  • Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of -4.26
2

Flat results in Dec 24

3

Stock is technically in a Bearish range

4

With ROCE of 4.2, it has a Very Expensive valuation with a 5.2 Enterprise value to Capital Employed

5

Falling Participation by Institutional Investors

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Trading

stock-summary
Market cap

INR 1,319 Cr (Small Cap)

stock-summary
P/E

141.00

stock-summary
Industry P/E

22

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.15

stock-summary
Return on Equity

7.12%

stock-summary
Price to Book

5.86

Revenue and Profits (1 Year):
Net Sales:
12 Cr
(Quarterly Results - Dec 2024)
Net Profit:
2 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-44.24%
0%
-44.24%
1 Year
27.73%
0%
27.73%
2 Years
336.02%
0%
336.02%
3 Years
195.78%
0%
195.78%
4 Years
7500.0%
0%
7500.0%
5 Years
11067.35%
0%
11067.35%

Latest dividend: 0.4 per share ex-dividend date: Dec-23-2009

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
84.34%
EBIT Growth (5y)
20.64%
EBIT to Interest (avg)
-4.26
Debt to EBITDA (avg)
6.31
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.20
Tax Ratio
0
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
4.16%
ROCE (avg)
2.46%
ROE (avg)
3.50%
Valuation key factors
Factor
Value
P/E Ratio
141
Industry P/E
22
Price to Book Value
5.86
EV to EBIT
120.52
EV to EBITDA
105.60
EV to Capital Employed
5.23
EV to Sales
19.24
PEG Ratio
0.56
Dividend Yield
NA
ROCE (Latest)
4.16%
ROE (Latest)
7.12%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 6 FIIs (4.16%)

Promoter with highest holding

Rrk Enterprise Private Limited (59.68%)

Highest Public shareholder

Minerva Ventures Fund (2.03%)

Individual Investors Holdings

24.0%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -32.82% vs 136.35% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -19.93% vs 394.57% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "11.75",
          "val2": "17.49",
          "chgp": "-32.82%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "3.45",
          "val2": "2.60",
          "chgp": "32.69%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.38",
          "val2": "0.35",
          "chgp": "294.29%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "2.17",
          "val2": "2.71",
          "chgp": "-19.93%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "29.36%",
          "val2": "14.87%",
          "chgp": "14.49%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 105.55% vs 312.67% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -58.22% vs 883.20% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "38.17",
          "val2": "18.57",
          "chgp": "105.55%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "6.24",
          "val2": "5.09",
          "chgp": "22.59%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.81",
          "val2": "1.02",
          "chgp": "77.45%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "4.09",
          "val2": "9.79",
          "chgp": "-58.22%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "16.35%",
          "val2": "27.41%",
          "chgp": "-11.06%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 38.44% vs 203.03% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -49.92% vs 676.04% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "49.92",
          "val2": "36.06",
          "chgp": "38.44%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "9.69",
          "val2": "7.69",
          "chgp": "26.01%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "3.19",
          "val2": "1.37",
          "chgp": "132.85%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "6.26",
          "val2": "12.50",
          "chgp": "-49.92%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "19.41%",
          "val2": "21.33%",
          "chgp": "-1.92%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 138.19% vs -49.03% in Mar 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 29,347.62% vs -92.73% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "54.57",
          "val2": "22.91",
          "chgp": "138.19%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "12.30",
          "val2": "1.48",
          "chgp": "731.08%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.64",
          "val2": "0.79",
          "chgp": "107.59%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "6.62",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "61.84",
          "val2": "0.21",
          "chgp": "29,347.62%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "22.54%",
          "val2": "6.46%",
          "chgp": "16.08%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
11.75
17.49
-32.82%
Operating Profit (PBDIT) excl Other Income
3.45
2.60
32.69%
Interest
1.38
0.35
294.29%
Exceptional Items
0.00
0.00
Consolidate Net Profit
2.17
2.71
-19.93%
Operating Profit Margin (Excl OI)
29.36%
14.87%
14.49%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is -32.82% vs 136.35% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Dec 2024 is -19.93% vs 394.57% in Dec 2023

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
38.17
18.57
105.55%
Operating Profit (PBDIT) excl Other Income
6.24
5.09
22.59%
Interest
1.81
1.02
77.45%
Exceptional Items
0.00
0.00
Consolidate Net Profit
4.09
9.79
-58.22%
Operating Profit Margin (Excl OI)
16.35%
27.41%
-11.06%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 105.55% vs 312.67% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is -58.22% vs 883.20% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
49.92
36.06
38.44%
Operating Profit (PBDIT) excl Other Income
9.69
7.69
26.01%
Interest
3.19
1.37
132.85%
Exceptional Items
0.00
0.00
Consolidate Net Profit
6.26
12.50
-49.92%
Operating Profit Margin (Excl OI)
19.41%
21.33%
-1.92%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 38.44% vs 203.03% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is -49.92% vs 676.04% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
54.57
22.91
138.19%
Operating Profit (PBDIT) excl Other Income
12.30
1.48
731.08%
Interest
1.64
0.79
107.59%
Exceptional Items
6.62
0.00
Consolidate Net Profit
61.84
0.21
29,347.62%
Operating Profit Margin (Excl OI)
22.54%
6.46%
16.08%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 138.19% vs -49.03% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 29,347.62% vs -92.73% in Mar 2023

stock-summaryCompany CV
About MIC Electronics Ltd stock-summary
stock-summary
MIC Electronics Ltd
Small Cap
Trading
MIC Electronics Limited (MICEL), an ISO 9001: 2000 certified company was born as a brainchild of talented professionals at Vijayawada, Andhra Pradesh on 17th May 1988 to manufacture Electronic Display Systems. Now, MICEL is a global leader in the design, development & manufacturing of LED (Light Emitting Diode) Video Displays, high-end Electronic and Telecommunication equipment and development of Telecom software.
Company Coordinates stock-summary
Company Details
Plot No 192/B Phase-II, IDA Cherlapally Hyderabad Telangana : 500051
Registrar Details
Venture Capital & Corporate Investments Ltd , 12-10-167,, MIG- 167,, Bharat Nagar Colony, Hyderabad