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MIC Electronics Limited

MICEL·NSE·
₹34.50▼ -0.40 (-1.15%)
Market Cap1028.30 Cr
PE Ratio-87.40
Volume1,63,000
Day High - Low35.60 - 34.15
52W High-Low58.69 - 29.97

MIC Electronics Limited (MICEL): company summary

The company's business has grown significantly, with annual revenue rising 100.5% year-over-year.

MIC Electronics Limited (MICEL) is a micro-cap Capital Goods company valued at ₹1,028 crore operating in Other Industrial Products on the NSE and BSE.

Recent price move
MIC Electronics Limited last traded at ₹34.5, modestly down 1.15% on the day.
Recent developments
On 2026-09-30, promoter holding dropped by 9.84 percentage points to 41.73%, while foreign institutional holding increased by 14.77 percentage points to 20.35%. The company reported a net loss of ₹13 crore in its latest financial year ending 2026-03-31.
Financial performance
The company's business has grown significantly, with annual revenue rising 100.5% year-over-year. However, net profit swung from a profit of ₹10 crore to a loss of ₹13 crore, and the net profit margin fell 17.2 percentage points to -6.6%. The latest quarter saw revenue jump 276.6% compared to the same quarter a year earlier, but net profit remained flat at ₹2 crore.
Valuation multiples
A price-to-earnings ratio is not meaningful here because the company is loss-making; the stock trades at 4.69 times book value.
Things to watch
The company reported a net loss of ₹13 crore in its latest financial year, and the net profit margin is -6.6%, down 17.2 percentage points from the prior year. Promoter holding fell by 9.84 percentage points in the quarter, and the stock is 41.5% below its 52-week high.
Where it stands
The company's revenue has grown rapidly, with a 102.3% CAGR over three years and a 185.8% CAGR over five years. However, net profit has turned negative, and the latest quarter's net profit remained flat. The stock is 41.5% below its 52-week high, and promoter holding has decreased significantly.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.

DocStoX Score
2.8/10
Poor
Fair Value
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ROE
-5.91%
Weak
P/E
-87.40x
Loss-making
Debt / Equity
0.20
Low
Industry
Capital Goods
Other Industrial Products
Overall View
Mixed

Price performance

Day₹34.15
₹35.60
52W₹29.97
₹58.69
DocStoX take

Supported by growth (7.5), but held back by momentum (0.1). Growth looks strong at 7.5, but that is offset by momentum at 0.1 and valuation at 0.7 and quality at 1.3. We are calling it Mixed rather than resolving the conflict for you.

DocStoX score

Low confidence
2.8
/10
Poor
Quality
Weak
ROE -5.9%
Valuation
Expensive
P/B 4.7× on assets (no earnings to value)
Growth
Strong
Revenue +185.8% 5Y CAGR
Risk
Moderate
D/E 0.20
Momentum
Weak
16% of 52-week range

At a glance

Market Cap
₹1,028 Cr
52W High / Low
₹59 / ₹30
Dividend Yield
0.00%
Promoter Holding
41.73%
EPS (TTM)
₹-0.53
Book Value
₹8.97

Key highlights

  • Revenue compounding 186% a year
  • Low leverage — D/E 0.20
  • Loss-making — no meaningful P/E
  • Loss-making in some of the last 5 years
2 Positives4 Watchouts

Growth

Financials

Shareholding

Technicals

Peers

News

Forecasts

About the company

More data

Filings, corporate actions and ownership detail — opened on demand.

More Capital Goods stocks · Other Industrial Products

MIC Electronics Limited peers in Capital Goods

Other Capital Goods stocks on the NSE & BSE. See the full Capital Goods sector list.