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.

Are MIC Electronics latest results good or bad?

MIC Electronics' latest results show strong revenue growth of 226.36% quarter-on-quarter, but significant concerns arise from a drastic decline in operating margins and negative cash flow, suggesting potential challenges for long-term profitability. Investors should exercise caution when assessing the company's financial health.

MIC Electronics' latest results present a mixed picture. On one hand, the company achieved significant revenue growth, with a 226.36% increase in revenue quarter-on-quarter, reaching ₹37.89 crore, and a year-on-year growth of 37.98%. Additionally, net profit rose to ₹2.17 crore, reflecting a 29.94% increase from the previous quarter and a 1.88% increase year-on-year.<BR><BR>However, these positive developments are overshadowed by serious concerns regarding profitability. The operating margin has drastically decreased from 35.40% in the previous quarter to just 10.06%, indicating a significant compression in profitability. This decline raises questions about the sustainability of the company's earnings growth, especially as the net profit margin also contracted from 14.38% to 5.73%.<BR><BR>Furthermore, the return on equity (ROE) stands at a low 4.42%, significantly below the five-year average, suggesting inefficiencies in generating returns for shareholders. The company has also reported negative operating cash flow, which is troubling given its recent profit figures.<BR><BR>Overall, while MIC Electronics has shown impressive revenue growth, the sharp decline in profitability and cash flow issues indicate underlying challenges that could affect its long-term performance. Investors should be cautious and consider these factors when evaluating the company's financial health.

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.

Should I buy, sell or hold MIC Electronics?

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.

Why is MIC Electronics falling/rising?

As of 21-Dec, MIC Electronics Ltd's stock price is rising to Rs 43.98, indicating a potential trend reversal after previous declines. However, the stock has significant long-term weaknesses, with a -49.01% return over the past year and concerning fundamentals, suggesting ongoing challenges despite the short-term increase.

As of 21-Dec, MIC Electronics Ltd's stock price is rising, currently at Rs 43.98, reflecting an increase of Rs 0.79 or 1.83%. This upward movement comes after three consecutive days of decline, indicating a potential trend reversal. Additionally, the stock has outperformed its sector by 0.5% today, suggesting a relative strength compared to its peers.<BR><BR>However, despite this short-term rise, the stock has shown significant long-term weaknesses. Over the past year, it has generated a return of -49.01%, which is a stark contrast to the market's positive performance of +7.21% during the same period. The company's fundamentals are also concerning, with a low Return on Capital Employed (ROCE) of 4.66% and a high Debt to EBITDA ratio of 6.74 times, indicating difficulties in servicing its debt.<BR><BR>Investor participation appears to be declining, as evidenced by a 9.13% drop in delivery volume compared to the 5-day average. Furthermore, promoters have reduced their stake in the company by 4.05%, which may reflect a lack of confidence in the company's future prospects. Overall, while the stock is experiencing a temporary rise, the underlying fundamentals and market performance suggest ongoing challenges for MIC Electronics Ltd.

Which are the latest news on MIC Electronics?