Why is MIRC Electronics Ltd ?
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 -1.08
- 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 has declared Negative results for the last 6 consecutive quarters
- NET SALES(Q) At Rs 143.81 cr has Fallen at -28.35%
- PBT LESS OI(Q) At Rs -20.47 cr has Fallen at -317.76%
- PAT(Q) At Rs -15.57 cr has Fallen at -1382.9%
3
Risky - Negative EBITDA
- The company has recorded a negative EBITDA of Rs. -34.12 cr
- Over the past year, while the stock has generated a return of 171.80%, its profits have risen by 11.2%
- The stock is trading risky as compared to its average historical valuations
4
28.42% of Promoter Shares are Pledged
- In falling markets, high promoter pledged shares puts additional downward pressure on the stock prices
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics & Appliances)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is MIRC Electronics for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
MIRC Electronics
170.68%
2.58
67.31%
Sensex
-7.74%
-0.61
12.97%
Quality key factors
Factor
Value
Sales Growth (5y)
0.39%
EBIT Growth (5y)
-264.74%
EBIT to Interest (avg)
-1.08
Debt to EBITDA (avg)
6.76
Net Debt to Equity (avg)
0.22
Sales to Capital Employed (avg)
3.41
Tax Ratio
0
Dividend Payout Ratio
0
Pledged Shares
28.42%
Institutional Holding
0.06%
ROCE (avg)
-5.68%
ROE (avg)
0.31%
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
49
Price to Book Value
8.91
EV to EBIT
-35.39
EV to EBITDA
-41.93
EV to Capital Employed
7.49
EV to Sales
2.00
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-17.77%
ROE (Latest)
-29.68%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
No Trend
Bullish
Technical Movement
0What is working for the Company
NO KEY POSITIVE TRIGGERS
-13What is not working for the Company
NET SALES(Q)
At Rs 143.81 cr has Fallen at -28.35%
PBT LESS OI(Q)
At Rs -20.47 cr has Fallen at -317.76%
PAT(Q)
At Rs -15.57 cr has Fallen at -1382.9%
OPERATING PROFIT TO INTEREST (Q)
Lowest at -4.38 times
OPERATING PROFIT TO NET SALES (Q)
Lowest at -10.63%
EPS(Q)
Lowest at Rs -1.28
Loading Valuation Snapshot...
Here's what is not working for MIRC Electronics
Net Sales - Quarterly
At Rs 143.81 cr has Fallen at -28.35%
Year on Year (YoY)MOJO Watch
Near term sales trend is very negative
Net Sales (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs -20.47 cr has Fallen at -317.76%
Year on Year (YoY)MOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs -15.57 cr has Fallen at -1382.9%
Year on Year (YoY)MOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Operating Profit to Interest - Quarterly
Lowest at -4.38 times
in the last five quartersMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Operating Profit Margin - Quarterly
Lowest at -10.63%
in the last five quartersMOJO Watch
Company's efficiency has deteriorated
Operating Profit to Sales
Earnings per Share (EPS) - Quarterly
Lowest at Rs -1.28
in the last five quartersMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (Rs)






