MIC Electronics

Is MIC Electronics overvalued or undervalued?

As of July 20, 2023, MIC Electronics is considered very expensive and overvalued with a PE ratio of 166.50, making it an unfavorable investment despite strong short-term performance.

As of 20 July 2023, the valuation grade for MIC Electronics has moved from risky to very expensive. The company is currently overvalued, with a PE ratio of 166.50, a Price to Book Value of 7.36, and an EV to EBITDA ratio of 92.42. These figures indicate a significant premium compared to its peers, such as MMTC, which has a PE ratio of 119.39, and Lloyds Enterprises, with a PE ratio of 156.59.<BR><BR>In comparison to the broader market, MIC Electronics has shown strong short-term performance, with a 1-week return of 12.96% versus the Sensex's 1.43%. However, its year-to-date return of -19.97% highlights the volatility and potential overvaluation concerns. Overall, the combination of high valuation ratios and the peer comparison suggests that MIC Electronics is not a favorable investment at its current price of 67.79.

Who are in the management team of MIC Electronics?

As of March 2023, the management team of MIC Electronics includes Kaushik Yalamanchili (Chairman & Managing Director), along with independent directors K Gayathri Upadhyayula, Srinivas Rao Kolli, and Venkata Naga Lavanya Kandala, non-executive director Lakshmanarao Kakarala, whole-time director Sivanand Swamy Mitikiri, and company secretary A L Sowjanya. This team oversees the company's operations and strategic direction.

As of March 2023, the management team of MIC Electronics includes the following individuals:<BR><BR>1. K Gayathri Upadhyayula - Independent Director<BR>2. Lakshmanarao Kakarala - Non Executive Director<BR>3. Kaushik Yalamanchili - Chairman & Managing Director<BR>4. Srinivas Rao Kolli - Independent Director<BR>5. Venkata Naga Lavanya Kandala - Independent Director<BR>6. A L Sowjanya - Company Secretary & Compliance Officer<BR>7. Sivanand Swamy Mitikiri - Whole-time Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

Has MIC Electronics declared dividend?

Yes, MIC Electronics Ltd has declared a 20% dividend, amounting to 0.4 per share, with an ex-date of December 23, 2009. However, the dividend yield is 0%, and while there has been significant price appreciation over the years, there have been no ongoing dividend payments.

MIC Electronics Ltd has declared a 20% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 20%<BR>- Amount per share: 0.4<BR>- Ex-date: 23 Dec 09<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6 months period, the price return was -23.83%, the dividend return was 0%, resulting in a total return of -23.83%.<BR><BR>In the 1 year period, the price return was 42.75%, the dividend return was 0%, resulting in a total return of 42.75%.<BR><BR>In the 2 years period, the price return was 245.17%, the dividend return was 0%, resulting in a total return of 245.17%.<BR><BR>In the 3 years period, the price return was 319.27%, the dividend return was 0%, resulting in a total return of 319.27%.<BR><BR>In the 4 years period, the price return was 4627.59%, the dividend return was 0%, resulting in a total return of 4627.59%.<BR><BR>In the 5 years period, the price return was 8802.6%, the dividend return was 0%, resulting in a total return of 8802.6%.<BR><BR>Overall, MIC Electronics has declared a dividend, but the dividend yield remains at 0%. The total returns over various periods indicate significant price appreciation, particularly over the longer term, despite the lack of ongoing dividend payments.

Who are the peers of the MIC Electronics?

Peers of MIC Electronics include Kaynes Tech, Honeywell Auto, Jyoti CNC Auto, LMW, and others. MIC Electronics has average management risk, good growth, and a 1-year return of 22.59%, lower than Kaynes Tech's 65.70% but higher than Honeywell Auto's -26.32%.

Peers: The peers of MIC Electronics are Kaynes Tech, Honeywell Auto, Jyoti CNC Auto., LMW, Jupiter Wagons, Gala Precis. Eng, Mamata Machinery, ICE Make Refrig., Aimtron, and Ganesh Green.<BR><BR>Quality Snapshot: Excellent management risk is observed at Honeywell Auto and Jyoti CNC Auto., while Average management risk is found at Kaynes Tech, LMW, Jupiter Wagons, MIC Electronics, Gala Precis. Eng, Mamata Machinery, ICE Make Refrig., Aimtron, and Ganesh Green. For growth, Excellent growth is noted at Kaynes Tech, Jyoti CNC Auto., Jupiter Wagons, and Aimtron, while Good growth is seen at MIC Electronics, Gala Precis. Eng, Mamata Machinery, ICE Make Refrig., and the rest. In terms of Capital Structure, Excellent capital structure is present at Honeywell Auto, LMW, Mamata Machinery, ICE Make Refrig., and Aimtron, while Good capital structure is noted at Jyoti CNC Auto., Gala Precis. Eng, and MIC Electronics, with the rest having Below Average.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Kaynes Tech at 65.70%, while the peer with the lowest is Honeywell Auto at -26.32%. MIC Electronics has a 1-year return of 22.59%, which is higher than Honeywell Auto but lower than Kaynes Tech. Additionally, the six-month return is negative for MIC Electronics, Jupiter Wagons, and LMW.

What does MIC Electronics do?

MIC Electronics Ltd specializes in designing and manufacturing LED Video Displays and high-end electronic equipment, with a market cap of INR 1,300 Cr and reported net sales of 116 Cr and net profit of 17 Cr for June 2025. The company has a P/E ratio of 137.00 and a debt-equity ratio of 0.13.

Overview: <BR>MIC Electronics Ltd is a global leader in the design, development, and manufacturing of LED Video Displays and high-end Electronic and Telecommunication equipment, operating within the Industrial Manufacturing sector and categorized as a Small Cap company.<BR><BR>History: <BR>MIC Electronics Ltd was incorporated on 17th May 1988 and has since evolved to become a prominent player in its field. The latest quarterly results reported net sales and net profit for June 2025.<BR><BR>Financial Snapshot: <BR>- Net Sales: 116 Cr (Quarterly Results - Jun 2025) <BR>- Net Profit: 17 Cr (Quarterly Results - Jun 2025) <BR>- Market Cap: INR 1,300 Cr (Small Cap) <BR><BR>Key Metrics: <BR>- P/E: 137.00 <BR>- Industry P/E: 35 <BR>- Dividend Yield: 0.00% <BR>- Debt-Equity: 0.13 <BR>- Return on Equity: 4.42% <BR>- Price to Book: 5.78 <BR><BR>Contact Details: <BR>Address: Plot No 192/B Phase-II, IDA Cherlapally Hyderabad Telangana : 500051 <BR>Email: cs@mic.co.in <BR>Website: http://www.micelectronics.com

Who are the top shareholders of the MIC Electronics?

The top shareholder of MIC Electronics is R R K Enterprise Pvt Ltd, holding 59.68% of shares, followed by 11 Foreign Institutional Investors with 3.8%, and Multitude Growth Funds Limited as the highest public shareholder at 1.47%. Individual investors own 24.47% of the shares, with no pledged promoter holdings.

The top shareholders of MIC Electronics include R R K Enterprise Pvt Ltd, which holds the largest share at 59.68%. Additionally, there are 11 Foreign Institutional Investors (FIIs) collectively holding 3.8% of the shares. The highest public shareholder is Multitude Growth Funds Limited, with a holding of 1.47%. Individual investors account for 24.47% of the company's shares. Notably, there are no pledged promoter holdings, indicating a strong promoter commitment.

How big is MIC Electronics?

As of 24th July, MIC Electronics Ltd has a market capitalization of 1,304.00 Cr, with recent net sales of 95.67 Cr and a net profit of 9.54 Cr. Shareholder's funds are 63.02 Cr, and total assets amount to 87.40 Cr as of March 2023.

As of 24th July, MIC Electronics Ltd has a market capitalization of 1,304.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 95.67 Cr and a Net Profit of 9.54 Cr.<BR><BR>The latest annual period for the balance sheet is March 2023, with Shareholder's Funds amounting to 63.02 Cr and Total Assets of 87.40 Cr.

When is the next results date for MIC Electronics?

The next results date for MIC Electronics is 15 October 2025.

The next results date for MIC Electronics is scheduled for 15 October 2025.

How has been the historical performance of MIC Electronics?

MIC Electronics has shown significant growth in net sales and operating profit from March 2021 to March 2025, with net sales increasing to 94.76 Cr and operating profit turning positive at 19.29 Cr. However, profit margins and cash flow remain volatile, indicating ongoing operational challenges.

Answer:<BR>The historical performance of MIC Electronics shows significant fluctuations in its financial metrics over the years, particularly from March 2019 to March 2025.<BR><BR>Breakdown:<BR>MIC Electronics has experienced a notable increase in net sales, rising from 1.09 Cr in March 2021 to 94.76 Cr in March 2025, with a peak of 61.84 Cr in March 2024. The total operating income followed a similar trend, reaching 94.76 Cr in March 2025 from just 1.09 Cr in March 2021. The company's operating profit (PBDIT) also improved significantly, moving from a loss of 17.21 Cr in March 2020 to a profit of 19.29 Cr in March 2025. However, profit before tax peaked at 17.73 Cr in March 2024 before dropping to 13.07 Cr in March 2025. The profit after tax showed a decline from 61.84 Cr in March 2024 to 9.83 Cr in March 2025, reflecting a volatile profit margin that reached 113.32% in March 2024 but fell to 10.37% in March 2025. The company's total assets increased significantly from 64.95 Cr in March 2021 to 273.12 Cr in March 2025, while total liabilities also rose from 64.95 Cr to 273.12 Cr in the same period. Cash flow from operating activities remained negative, indicating ongoing challenges in cash generation, although net cash inflow turned positive at 5.00 Cr in March 2025. Overall, MIC Electronics has shown a recovery in sales and profitability, but the fluctuations in profit margins and cash flow highlight ongoing operational challenges.

Is MIC Electronics technically bullish or bearish?

As of November 20, 2025, the technical trend for MIC Electronics has shifted to a bearish stance, supported by bearish MACD, moving averages, and Bollinger Bands, despite mixed signals from Dow Theory.

As of 20 November 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this stance include the weekly MACD being bearish, the daily moving averages indicating a bearish trend, and both weekly and monthly Bollinger Bands confirming a bearish outlook. Additionally, the KST is mildly bearish on both weekly and monthly time frames, while the Dow Theory shows a mixed signal with weekly mildly bearish and monthly mildly bullish. Overall, the combination of these indicators suggests a prevailing bearish sentiment in the market for MIC Electronics.

Are MIC Electronics Ltd latest results good or bad?

MIC Electronics Ltd's latest results show impressive revenue growth of 667.91% to ₹90.23 crores, but profitability has declined, with net profit down 13.36% and operating margins dropping to 4.40%. Overall, the mixed results indicate more concerns than positives, suggesting caution for investors.

MIC Electronics Ltd's latest results present a mixed picture, leaning towards the negative due to significant profitability challenges despite impressive revenue growth. <BR><BR>In Q3 FY26, the company reported a remarkable year-on-year revenue increase of 667.91%, reaching ₹90.23 crores, which is a strong indicator of order execution or market share gains. However, this revenue surge has not translated into improved profitability. The net profit for the quarter was ₹1.88 crores, reflecting a decline of 13.36% compared to the previous quarter. Operating margins also took a hit, dropping sharply to 4.40% from 10.06% in the prior quarter, indicating serious margin compression.<BR><BR>Additionally, the company's stock has underperformed significantly over the past year, declining by 45.07%, which raises concerns among investors about its ability to convert revenue growth into sustainable profits. The return on equity (ROE) has also deteriorated, currently at 4.19%, down from an average of 10.74% over the past five years.<BR><BR>Overall, while the revenue growth is impressive, the ongoing margin compression and declining profitability suggest that the latest results are more concerning than positive. Investors should be cautious and consider the implications of these trends on the company's future performance.

Should I buy, sell or hold MIC Electronics Ltd?

Why is MIC Electronics Ltd falling/rising?

As of 16-Mar, MIC Electronics Ltd's stock price is Rs. 32.00, down 4.36% and has hit a new 52-week low. The stock has significantly underperformed the market, with declines across various time frames, indicating a bearish trend.

As of 16-Mar, MIC Electronics Ltd is experiencing a decline in its stock price, currently at Rs. 32.00, which reflects a change of -1.46 (-4.36%). The stock has been underperforming significantly, with a consecutive fall over the last two days resulting in a total decline of -8.86%. Additionally, the stock hit a new 52-week low of Rs. 31.79 today, indicating a downward trend.<BR><BR>In terms of performance relative to the market, MIC Electronics has shown negative returns across various time frames. Over the past week, the stock has decreased by -3.85%, while the Sensex has only fallen by -2.66%. Over the past month, the stock has dropped -23.26%, compared to the Sensex's -9.34%. Year-to-date, the stock is down -27.22%, against the Sensex's -11.40%. This trend continues over the past year, where MIC Electronics has decreased by -44.35%, while the Sensex has increased by +2.27%.<BR><BR>The stock is also trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically indicates a bearish sentiment. Despite a rise in investor participation, with delivery volume increasing by 53.62% on March 13, the overall market sentiment remains negative, contributing to the stock's decline.

Which are the latest news on MIC Electronics?