MIC Electronics Shows Stable Cash Flow Amidst Declining Profit and Rising Interest Expenses

MIC Electronics, a small-cap player in the industrial manufacturing sector, has recently undergone a financial trend adjustment, reflecting a more stable performance in its latest quarter ending September 2025. The company's operating cash flow reached a notable Rs 2.46 crore, indicating a strong operational efficiency. Additionally, net sales for the quarter stood at Rs 37.89 crore, showcasing a significant growth rate of 37.98%, which highlights the company's ability to generate revenue effectively.
However, challenges remain evident in other financial metrics. The profit after tax (PAT) for the nine-month period was reported at Rs 7.41 crore, reflecting a substantial decline of 86.20%. Furthermore, interest expenses for the same period amounted to Rs 4.35 crore, which has also seen an increase of 36.36%.

In terms of market performance, MIC Electronics has faced difficulties compared to the Sensex, particularly over the past year, where it recorded a decline of 40.53%, contrasting sharply with the Sensex's modest gain of 0.96%. Despite these challenges, the company has shown remarkable growth over longer periods, with a staggering 8547.69% increase over the past five years. This juxtaposition of short-term struggles against long-term growth underscores the complexities of MIC Electronics' current market position.