MICEL - MIC Electronics Limited Share Price

Industrial Manufacturing

₹58.21+0.43(+0.74%)

Market Closed as of Apr 28, 2025, 15:30 IST

What does MIC Electronics Limited do?

Industrial Products•Capital Goods•Small Cap

MIC Electronics Limited designs, develops, manufactures, and sells LED video displays, and electronic and telecommunication equipment worldwide. The company offers indoor lighting products comprising area lights, down lights, tube lights, and bulbs; outdoor lighting products, such as street, parking, and industrial lights; solar lighting products, including street and home lighting products; and portable products, such as lanterns, home lights, and angels. It provides indoor displays, such as indoor video screens and digital posters; outdoor displays, including outdoor video walls, digital billboards and posters, ticker displays, and perimeter displays; mobile displays comprising trailer and truck displays; and application-specific displays, such as passenger information displays and infrastructure equipment for digital theme parks, as well as oxygen concentrators and batteries. The company was incorporated in 1988 and is headquartered in Hyderabad, India.

Industry Group:Industrial Manufacturing

Employees:82

Website:www.mic.co.in

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Sector Comparison: MICEL vs Industrial Manufacturing

Comprehensive comparison against sector averages

Comparative Metrics

MICEL metrics compared to Industrial

Category	MICEL	Industrial
PE	24.94	27.41
PS	23.85	3.63
Growth	22.4 %	7 %

Performance Comparison

MICEL vs Industrial (2021 - 2025)

Key Insights

1. MICEL is NOT among the Top 10 largest companies in Industrial Products.
2. The company holds a market share of 0.1% in Industrial Products.
3. In last one year, the company has had an above average growth that other Industrial Products companies.

Description	Share	Value
a) LED Products	92.8%	11.2 Cr
b) Medical and Other appliances	7.2%	86.3 L
Total		12 Cr

Balance Sheet for MIC Electronics

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	-672.7%	0.15	0.89	0.2	0.18	0.1	0.12
Loans, current	0%	1.74	1.74	1.73	6.62	6.17	8
Total current financial assets	-23.5%	27	35	11	16	8.85	10
Inventories	99.7%	15	8.01	14	8.34	3.2	2.75
Total current assets	28.3%	78	61	31	24	16	16
Property, plant and equipment	4%	27	26	23	41	43	44
Capital work-in-progress	-	0	0	0.02	0.02	0.21	0
Non-current investments	-	51	0	3.33	3.33	0	3.33
Total non-current financial assets	600.5%	59	9.28	15	4.87	3.64	3.62
Total non-current assets	138%	189	80	52	49	48	47
Total assets	90.7%	268	141	82	73	64	63
Borrowings, non-current	1409.5%	12	0.16	0	0	0	0
Total non-current financial liabilities	1409.5%	12	0.16	0	0	0	0
Provisions, non-current	5.2%	0.27	0.23	0.2	0.16	0.07	0.07
Total non-current liabilities	1874.2%	12	0.38	0.2	0.16	0.07	0.07
Borrowings, current	200%	31	11	7.32	11	2.56	1
Total current financial liabilities	150%	36	15	10	12	3.85	1.84
Provisions, current	-1%	0	0.01	0	0	0	0
Current tax liabilities	-	0.01	0	0	0	0	0
Total current liabilities	129.4%	40	18	13	13	5.56	3.39
Total liabilities	183.3%	52	19	13	13	5.63	3.46
Equity share capital	9.3%	48	44	44	44	44	44
Total equity	77.7%	216	122	70	60	59	60
Total equity and liabilities	90.7%	268	141	82	73	64	63

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	-	3.43	-	0.24	0.22	0.15	0.14
Loans, current	-	43	-	2.24	7.05	6.79	8.45
Total current financial assets	-	87	-	11	17	9.58	11
Inventories	-	15	-	22	16	8.98	7.87
Total current assets	-	145	-	39	32	24	23
Property, plant and equipment	-	27	-	25	43	46	47
Capital work-in-progress	-	0	-	7.93	7.09	5.47	4.62
Non-current investments	-	0	-	0	0	0	0
Total non-current financial assets	-	7.63	-	11	1.53	0.31	0.21
Total non-current assets	-	138	-	59	55	54	52
Total assets	-	284	-	97	87	78	75
Borrowings, non-current	-	12	-	1.78	1.8	2.98	2.35
Total non-current financial liabilities	-	12	-	1.78	1.8	2.98	2.35
Provisions, non-current	-	0.27	-	0.2	0.16	0.07	0.07
Total non-current liabilities	-	12	-	2.03	1.99	3.05	2.44
Borrowings, current	-	31	-	11	14	6.16	4.8
Total current financial liabilities	-	52	-	14	16	8.49	6.46
Current tax liabilities	-	0.01	-	0.1	0	0.03	0.17
Total current liabilities	-	56	-	21	21	12	8.86
Total liabilities	-	68	-	23	23	15	11
Equity share capital	-	48	-	44	44	44	44
Non controlling interest	-	0	-	1.29	1	1	1
Total equity	-	216	-	74	64	63	64
Total equity and liabilities	-	284	-	97	87	78	75

Shareholder Name	Holding %
R R K ENTERPRISE PVT LTD	59.68%
SIVA LAKSHMANARAO KAKARALA	3.67%
MULTITUDE GROWTH FUNDS LIMITED	1.47%
KALYAN KAKARALA	1.05%
BINDHU SREE KAKARALA	1.05%
SATYAVATHI KAKARALA	1.04%

Cash Flow for MIC Electronics

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	228%	1.64	0.5	1.14
Change in inventories	89.8%	0.33	-5.59	-0.86
Depreciation	-48.1%	1.54	2.04	2.6
Adjustments for interest income	-1000%	0.82	1.02	0
Net Cashflows from Operations	-527.7%	-55.49	-8	-57.55
Interest paid	-76%	-1.64	-0.5	1.14
Interest received	-5100%	0	1.02	0.33
Income taxes paid (refund)	-	-44.11	0	0
Net Cashflows From Operating Activities	-43.6%	-9.74	-6.48	-58.36
Proceeds from sales of PPE	-	0.02	0	0
Purchase of property, plant and equipment	-1667.3%	-16.32	0.02	0
Purchase of intangible assets	-192.6%	0	2.08	0
Interest received	9.9%	-0.82	-1.02	-0.33
Other inflows (outflows) of cash	-	0	0	-0.07
Net Cashflows From Investing Activities	464.1%	16	-3.12	-0.4
Proceeds from issuing shares	-	0	0	0.24
Proceeds from issuing other equity instruments	-	0	0	33
Proceeds from borrowings	-99.5%	1.04	9.56	-0.7
Other inflows (outflows) of cash	-869.3%	-6.27	0.25	26
Net Cashflows from Financing Activities	-170.7%	-5.23	9.81	59
Effect of exchange rate on cash eq.	-	0.33	0	0
Net change in cash and cash eq.	86.1%	0.89	0.21	0.02

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	-	-	0.79	1.73
Change in inventories	-	-	-7.89	-5.98
Depreciation	-	-	2.37	2.91
Net Cashflows from Operations	-	-	-4.67	-56.45
Interest paid	-	-	0.79	1.73
Interest received	-	-	1.02	0
Income taxes paid (refund)	-	-	0.17	0.2
Other inflows (outflows) of cash	-	-	0	0.8
Net Cashflows From Operating Activities	-	-	-4.61	-57.58
Purchase of property, plant and equipment	-	-	2.47	0
Purchase of intangible assets	-	-	1.47	0
Purchase of intangible assets under development	-	-	0	3.66
Purchase of other long-term assets	-	-	0	4.62
Interest received	-	-	-1.02	-0.33
Net Cashflows From Investing Activities	-	-	-4.96	-8.61
Proceeds from issuing shares	-	-	0	0.24
Proceeds from issuing other equity instruments	-	-	0	33
Proceeds from borrowings	-	-	9.55	3.1
Other inflows (outflows) of cash	-	-	0.25	30
Net Cashflows from Financing Activities	-	-	9.8	66
Net change in cash and cash eq.	-	-	0.23	0.04

Income Statement for MIC Electronics

Standalone figures (in Rs. Crores) / View Consolidated Data

QuarterlyAnnual

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	10%	12	11	11	23	17	7.1
Other Income	35.4%	0.49	0.21	0.22	0.86	0.82	0.14
Total Income	10%	12	11	11	24	18	7.24
Cost of Materials	21.5%	8.98	7.57	5.2	10	6.8	5.79
Employee Expense	38%	1.98	1.71	1.49	1.63	1.57	1.29
Finance costs	8.6%	1.38	1.35	0.46	0.42	0.36	0.44
Depreciation and Amortization	0%	0.39	0.39	0.39	0.37	0.35	0.36
Other expenses	-86.5%	1.35	3.59	1.96	3.21	2.33	1.29
Total Expenses	8.4%	10	9.3	8.97	18	16	5.56
Profit Before exceptional items and Tax	5.4%	2.17	2.11	1.97	5.48	2.71	1.68
Exceptional items before tax	-	0	0	0	0	0	6.62
Total profit before tax	5.4%	2.17	2.11	1.97	5.48	2.71	8.3
Deferred tax	-	0	0	0	-44.11	0	0
Total tax	-	0	0	0	-44.11	0	0
Total profit (loss) for period	5.4%	2.17	2.11	1.97	50	2.71	8.3
Total Comprehensive Income	5.4%	2.17	2.11	1.97	50	2.71	8.3
Earnings Per Share, Basic	0%	0.09	0.09	0.08	2.24	0.12	0.37
Earnings Per Share, Diluted	0%	0.09	0.09	0.08	2.24	0.12	0.37

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	1004.3%	55	5.89	31	1.09	1.86	4.84
Other Income	8.8%	1.99	1.91	1.19	3.14	0.99	0.66
Total Income	723.5%	57	7.8	32	4.23	2.85	5.5
Cost of Materials	454.4%	27	5.69	20	0.19	0.41	2.3
Employee Expense	262.6%	5.46	2.23	2.03	0.63	2.46	3.69
Finance costs	228%	1.64	0.5	1.14	0.09	0.2	0.06
Depreciation and Amortization	-48.1%	1.54	2.04	2.61	6.82	7.53	7.66
Other expenses	339.6%	7.55	2.49	4.16	1.4	16	19
Total Expenses	561.7%	45	7.65	30	9.64	27	33
Profit Before exceptional items and Tax	1276.5%	11	0.15	2.81	-5.41	-23.95	-27.2
Exceptional items before tax	-	6.62	0	0	0	0	-0.28
Total profit before tax	2100%	18	0.15	2.81	-5.41	-23.95	-27.48
Deferred tax	-	-44.11	0	0	0	0	0
Total tax	-	-44.11	0	0	0	0	0
Total profit (loss) for period	7276.5%	62	0.15	2.81	-5.41	-23.95	-27.48
Total Comprehensive Income	7276.5%	62	0.15	2.81	-5.41	-23.95	-27.48
Earnings Per Share, Basic	280.8%	2.79	0.01	0.13	-0.25	-2.18	-1.32
Earnings Per Share, Diluted	280.8%	2.79	0.01	0.13	-0.25	-2.18	-2.2

Consolidated figures (in Rs. Crores) / View Standalone Data

QuarterlyAnnual

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	-57.7%	12	27	-	-	-	10
Other Income	33.8%	0.49	0.23	-	-	-	0.16
Total Income	-59.3%	12	28	-	-	-	10
Cost of Materials	21.5%	8.98	7.57	-	-	-	5.79
Purchases of stock-in-trade	-106.7%	0	16	-	-	-	2.62
Employee Expense	38%	1.98	1.71	-	-	-	1.43
Finance costs	8.6%	1.38	1.35	-	-	-	0.48
Depreciation and Amortization	0%	0.39	0.39	-	-	-	0.38
Other expenses	-87.2%	1.35	3.74	-	-	-	1.43
Total Expenses	-64%	10	26	-	-	-	8.17
Profit Before exceptional items and Tax	3.5%	2.17	2.13	-	-	-	2.3
Exceptional items before tax	-	0	0	-	-	-	6.62
Total profit before tax	3.5%	2.17	2.13	-	-	-	8.92
Current tax	-	0	0	-	-	-	0.1
Deferred tax	-	0	0	-	-	-	0.02
Total tax	-	0	0	-	-	-	0.12
Total profit (loss) for period	3.5%	2.17	2.13	-	-	-	8.8
Total Comprehensive Income	3.5%	2.17	2.13	-	-	-	8.8
Earnings Per Share, Basic	0%	0.09	0.09	-	-	-	0.39
Earnings Per Share, Diluted	0%	0.09	0.09	-	-	-	0.39

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	-	-	23	45	1.09	1.86	4.84
Other Income	-	-	1.94	1.3	3.14	0.99	0.66
Total Income	-	-	25	46	4.23	2.85	5.5
Cost of Materials	-	-	5.7	20	0.19	0.41	2.3
Purchases of stock-in-trade	-	-	17	12	0	0	0
Employee Expense	-	-	3.45	3.15	0.63	2.46	3.69
Finance costs	-	-	0.79	1.74	0.09	0.2	0.06
Depreciation and Amortization	-	-	2.37	2.91	6.82	7.53	7.66
Other expenses	-	-	2.94	5.4	1.4	16	19
Total Expenses	-	-	25	43	9.64	27	33
Profit Before exceptional items and Tax	-	-	0.26	3.03	-5.41	-23.95	-27.21
Exceptional items before tax	-	-	0	0	0	0	-0.28
Total profit before tax	-	-	0.26	3.03	-5.41	-23.95	-27.49
Current tax	-	-	0	0.04	0	0	0
Deferred tax	-	-	0.01	0.03	0	0	0
Total tax	-	-	0.01	0.07	0	0	0
Total profit (loss) for period	-	-	0.25	2.96	-5.41	-23.95	-27.49
Total Comprehensive Income	-	-	0.25	2.96	-5.41	-23.95	-27.49
Earnings Per Share, Basic	-	-	0.01	0.13	-0.25	-2.18	-1.32
Earnings Per Share, Diluted	-	-	0.01	0.13	-0.25	-2.18	-2.2

Valuation
Market Cap	1.4 kCr
Price/Earnings (Trailing)	25.12
Price/Sales (Trailing)	24.02
EV/EBITDA	83.07
Price/Free Cashflow	310.91
MarketCap/EBT	119.49

Fundamentals
Revenue (TTM)	58.4 Cr
Rev. Growth (Yr)	-33.18%
Rev. Growth (Qtr)	7.27%
Earnings (TTM)	55.85 Cr
Earnings Growth (Yr)	-20.07%
Earnings Growth (Qtr)	1.9%

Profitability
Operating Margin	20.07%
EBT Margin	20.11%
Return on Equity	25.86%
Return on Assets	20.87%
Free Cashflow Yield	0.32%

Investor Care
Shares Dilution (1Y)	8.84%
Diluted EPS (TTM)	2.5

Financial Health
Current Ratio	2.6
Debt/Equity	0.2
Debt/Cashflow	-0.84

MICEL - MIC Electronics Limited Share Price

What does MIC Electronics Limited do?

Sector Comparison: MICEL vs Industrial Manufacturing

Comparative Metrics

Performance Comparison

Revenue Breakdown

Balance Sheet for MIC Electronics

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

Cash Flow for MIC Electronics

Income Statement for MIC Electronics

Valuation

Fundamentals

Profitability

Investor Care

Financial Health

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Is MIC Electronics Better than it's peers?

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
BEL	Bharat ElectronicsAerospace & Defense	2.23 LCr	23.96 kCr	+1.40%	+27.87%	44.74	9.32	+28.15%	+39.82%
DIXON	Dixon Tech (India)Consumer Electronics	98.61 kCr	33.25 kCr	+24.55%	+91.31%	114.01	2.97	+106.45%	+141.44%
HONAUT	Honeywell Automation IndiaIndustrial Products	30 kCr	4.2 kCr	+0.73%	-24.94%	56.41	7.14	+2.88%	+14.30%
TEJASNET	Tejas NetworksTelecom - Equipment & Accessories	13.14 kCr	8.39 kCr	-1.66%	-27.25%	19.76	1.57	+453.25%	+798.13%