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What is the MIC ELECTRONICS LTD (MICEL) share price today?

MIC ELECTRONICS LTD (MICEL) is trading at ₹37.94 on the NSE, down 1.51% on the day. Source: DocStoX.

What is the market capitalisation of MIC ELECTRONICS LTD?

MIC ELECTRONICS LTD has a market capitalisation of approximately ₹925 crore.

MIC ELECTRONICS LTD

MICEL·NSE·Capital Goods

₹37.94▼ -0.58 (-1.51%)

Capital Goods · Industrial Products

Revenue compounding 103% a year

Day₹37.51

₹38.84

52W₹30

₹8315%

Open

₹38.84

High

₹38.84

Low

₹37.51

Prev Close

₹38.52

Volume

1.42L

VWAP

₹38.11

Snapshot

Key fundamentals

Market Cap

₹925 Cr

P/E Ratio

N/A

P/B Ratio

4.37

EPS

₹-0.52

Book Value

₹8.97

ROE

-5.76%Weak

ROCE

9.00%Weak

Dividend Yield

0.00%

Debt / Equity

0.20Low

Face Value

₹2.00

52W High

₹82.97

52W Low

₹29.97

Sector

Capital Goods

Industry

Industrial Products

Avoid

None moatHigh uncertainty

Fair value estimate

₹7

▼ 81.5%downside

Trading at ₹38 — 82% above our estimate

BearFair valueBull

₹6₹7₹8

/100

Business quality — Solid

Growth 100Profitability 0Efficiency 3Valuation 90

Plain English

Our view

Revenue compounding 103% a year
Low debt relative to equity
Weak returns on equity (-6%)

Strengths

Low debt relative to equity
Revenue compounding 103% over 3 years
Promoters hold a controlling stake

Risks

Weak returns on equity (-6%)
Fundamental red flags (Piotroski 3/9)

How we got there

Fair value methods

Residual income

-6% ROE fading to 12% over ~3 yrs, on ₹9 book

₹7

Relative P/E

Needs positive EPS

—

Graham floor

Needs positive EPS

—

Analyst target

No analyst coverage

—

Blended fair value₹7

What the numbers say

Investment thesis

Bull case

Low debt relative to equity
Revenue compounding 103% over 3 years
Promoters hold a controlling stake

Bear case

Weak returns on equity (-6%)
Fundamental red flags (Piotroski 3/9)

Free — see our deterministic Fair Value range, business quality score, and the full bull/bear case for this stock.

Snapshot

Key statistics

P/E

—

ROE

-5.8%Weak

Above 15% is considered healthy for Indian equities

ROCE

9.0%Weak

Above 18% means capital is working hard

Debt/Eq

0.20Low

Below 0.5 is comfortable; above 1.5 strains the balance sheet

Mkt Cap

₹925 Cr

P/B

4.37

EPS

₹-0.52

Div Yield

—

What changed

Recent changes

Foreign investors+3.8% stake last quarter
Promoters-0.12% stake last quarter

What matters

News impact

Overview

Valuation

N/A

No P/E

Growth

Strong

+103% rev CAGR

Profitability

Loss-making

-5.8% ROE

Financial health

Rock solid

D/E 0.20

Momentum

N/A

No technicals

Today

Trading activity

Delivery %—

Turnover₹54.02L Cr

Trades900

VWAP₹38.11

Face value₹2.00

Market depth

Market depth available during market hours

Snapshot

Technical signals

Compounded annual growth

Growth (CAGR)

Revenue

+102.5%

+185.9%

10Y

-0.8%

Profit

—

10Y

—

EPS

—

10Y

—

Profile

Pros

Company is expected to give good quarter

Watch-outs

Cons

Stock is trading at 4.16 times its book value
Promoter holding has decreased over last quarter: -3.82%
Company has a low return on equity of 10.7% over last 3 years.
Company has high debtors of 375 days.

Forecast

News

Peers

Financials

Growth

Shareholding

Ownership

Ownership breakdown

Quarter ending 30 Jun 2026

Promoters trimmed their stake by 0.12 pts; foreign investors bought 3.75 pts last quarter. The QoQ column shows each group's change versus the prior quarter.

52%

Promoter

Promoters

51.6%-0.12

Public

42.8%-3.62

FII / FPI

5.6%+3.75

Quarterly trend

Ownership over time

Q1 FY27

Promoter51.58%

FII5.58%

Public42.84%

Corporate Actions

Bulk & Block Deals

Filings

MF Holdings

Technicals

FAQs

Quick reference

Frequently asked questions

Incorporated in 1988, MIC Electronics Ltd is in the business of LED Products, Medical & other appliances, and Automobiles (EVs)[1]