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MIRC Electronics

  • Market Cap: Micro Cap
  • Industry: Consumer durables
  • ISIN: INE831A01028
  • NSEID: MIRCELECTR
  • BSEID: 500279
INR
13.33
0.15 (1.14%)
BSENSE

Apr 11, 12:46 PM

BSE+NSE Vol: 1.03 lacs

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

13.0013.36

52 Week

11.1033.00
Valuation
Technical
Day's Volume

CASH

1.03 lacs (-46.26%) Volume

Shareholding (Dec 2024)

FII

0.07%

Held by 4 FIIs

DII

0.01%

Held by 0 DIIs

Promoter

53.36%

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

With a Operating Losses, the company has a Weak Long Term Fundamental Strength

  • Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of -0.61
  • The company has been able to generate a Return on Equity (avg) of 0.31% signifying low profitability per unit of shareholders funds
2

The company declared negative results in Dec'24 after flat results in Sep'24

3

Stock is technically in a Bearish range

4

Risky - Negative EBITDA

5

34.51% of Promoter Shares are Pledged

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

Consumer durables

stock-summary
Market cap

INR 300 Cr (Micro Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

57

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.78

stock-summary
Return on Equity

-40.10%

stock-summary
Price to Book

2.33

Revenue and Profits (1 Year):
Net Sales:
167 Cr
(Quarterly Results - Dec 2024)
Net Profit:
-5 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-41.79%
0%
-41.79%
1 Year
-38.26%
0%
-38.26%
2 Years
-1.41%
0%
-1.41%
3 Years
-40.09%
0%
-40.09%
4 Years
-7.49%
0%
-7.49%
5 Years
191.68%
0%
191.68%

Latest dividend: 1 per share ex-dividend date: Jun-09-2011

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)
7.25%
EBIT Growth (5y)
-260.99%
EBIT to Interest (avg)
-0.61
Debt to EBITDA (avg)
8.11
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
3.15
Tax Ratio
0
Dividend Payout Ratio
0
Pledged Shares
34.51%
Institutional Holding
0.07%
ROCE (avg)
-3.93%
ROE (avg)
0.31%
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
57
Price to Book Value
2.33
EV to EBIT
-9.17
EV to EBITDA
-10.87
EV to Capital Employed
1.75
EV to Sales
0.48
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-15.52%
ROE (Latest)
-40.10%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
Bullish
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
No Trend
No Trend
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

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%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -43.36% vs 8.49% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -440.00% vs 160.55% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "166.81",
          "val2": "294.51",
          "chgp": "-43.36%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-1.79",
          "val2": "6.71",
          "chgp": "-126.68%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "4.48",
          "val2": "3.76",
          "chgp": "19.15%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-5.27",
          "val2": "1.55",
          "chgp": "-440.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-1.07%",
          "val2": "2.28%",
          "chgp": "-3.35%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 0.65% vs -38.63% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 114.15% vs -388.42% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "379.16",
          "val2": "376.70",
          "chgp": "0.65%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "10.37",
          "val2": "-6.38",
          "chgp": "262.54%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "7.17",
          "val2": "7.36",
          "chgp": "-2.58%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "-2.23",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "1.79",
          "val2": "-12.65",
          "chgp": "114.15%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "2.73%",
          "val2": "-1.69%",
          "chgp": "4.42%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -18.66% vs -24.18% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 68.65% vs -115.53% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "545.97",
          "val2": "671.21",
          "chgp": "-18.66%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "8.58",
          "val2": "0.33",
          "chgp": "2,500.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "11.65",
          "val2": "11.12",
          "chgp": "4.77%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-2.23",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-3.48",
          "val2": "-11.10",
          "chgp": "68.65%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "1.57%",
          "val2": "0.05%",
          "chgp": "1.52%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -12.81% vs -6.87% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -398.88% vs 37.87% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "968.04",
          "val2": "1,110.22",
          "chgp": "-12.81%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-45.67",
          "val2": "5.03",
          "chgp": "-1,007.95%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "15.05",
          "val2": "10.90",
          "chgp": "38.07%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-62.21",
          "val2": "-12.47",
          "chgp": "-398.88%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-4.72%",
          "val2": "0.45%",
          "chgp": "-5.17%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
166.81
294.51
-43.36%
Operating Profit (PBDIT) excl Other Income
-1.79
6.71
-126.68%
Interest
4.48
3.76
19.15%
Exceptional Items
0.00
0.00
Standalone Net Profit
-5.27
1.55
-440.00%
Operating Profit Margin (Excl OI)
-1.07%
2.28%
-3.35%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is -43.36% vs 8.49% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in quarter ended Dec 2024 is -440.00% vs 160.55% in Dec 2023

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
379.16
376.70
0.65%
Operating Profit (PBDIT) excl Other Income
10.37
-6.38
262.54%
Interest
7.17
7.36
-2.58%
Exceptional Items
-2.23
0.00
Standalone Net Profit
1.79
-12.65
114.15%
Operating Profit Margin (Excl OI)
2.73%
-1.69%
4.42%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 0.65% vs -38.63% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 114.15% vs -388.42% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
545.97
671.21
-18.66%
Operating Profit (PBDIT) excl Other Income
8.58
0.33
2,500.00%
Interest
11.65
11.12
4.77%
Exceptional Items
-2.23
0.00
Standalone Net Profit
-3.48
-11.10
68.65%
Operating Profit Margin (Excl OI)
1.57%
0.05%
1.52%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -18.66% vs -24.18% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 68.65% vs -115.53% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
968.04
1,110.22
-12.81%
Operating Profit (PBDIT) excl Other Income
-45.67
5.03
-1,007.95%
Interest
15.05
10.90
38.07%
Exceptional Items
0.00
0.00
Standalone Net Profit
-62.21
-12.47
-398.88%
Operating Profit Margin (Excl OI)
-4.72%
0.45%
-5.17%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -12.81% vs -6.87% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -398.88% vs 37.87% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About MIRC Electronics Ltd stock-summary
stock-summary
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 stock-summary
Company Details
Onida House G-1 MIDC, Mahakali Caves Rd Andheri (E) Mumbai Maharashtra : 400093
stock-summary
Tel: 91-22-66975777
stock-summary
http://www.onida.com
stock-summary
investors@onida.com
Registrar Details
Link Intime India Pvt Ltd, C-13 Pannalal Silk Compound, L B S Marg, Bhandup , Mumbai
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