MIC Electronics Limited

About

MIC Electronics Limited designs, develops, manufactures, and sells Light-Emitting Diode (LED) based street lights and video displays in India. It operates through three business segments, LED Products, Medical & Other Appliances, and Automobiles. The company offers outdoor lighting products, such as street, solar street, flood, and industrial lights; area, down, and parking light products; and indoor/outdoor and mobile displays and LED lighting systems. It also provides indoor displays, such as indoor video screens and digital posters; outdoor displays, including outdoor video walls, digital billboards and posters, ticker displays, digital posters, and perimeter displays; defense-grade power electronics, and EV charging infrastructure; and passenger information displays systems; and LED display boards, emergency light unit, passenger announcement and passenger information systems, and remote monitoring processing units. In addition, the company offers electronic and telecommunication equipment, as well as develops telecom software. Its products are used in railways, regular displays, sports stadium, transportation hubs, and public information displays. MIC Electronics Limited was incorporated in 1988 and is headquartered in Hyderabad, India.

Key Metrics

as of Sep 2026

Market Cap889 Cr

P/E—

Div Yield0.00 %

Book Value₹8.97

52w High₹83.00

52w Low₹30.00

Face Value₹2.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	12.29	50.79	12.63	12.24	11.61	28.07	11.75	11.20	10.71	22.96	17.49	7.10	7.02
Expenses	8.40	37.51	9.15	8.39	7.50	19.73	8.30	7.56	8.12	17.55	14.90	4.76	5.07
Operating Profit	3.89	13.28	3.48	3.85	4.11	8.34	3.45	3.64	2.59	5.41	2.59	2.34	1.95
OPM %	31.65	26.15	27.55	31.45	35.40	29.71	29.36	32.50	24.18	23.56	14.81	32.96	27.78
Other Income	0.22	0.35	0.15	0.53	0.14	0.31	0.49	0.21	0.22	0.86	0.82	6.76	0.17
Depreciation	0.96	0.92	0.91	0.91	0.91	0.44	0.39	0.39	0.39	0.37	0.35	0.35	0.46
Interest	1.39	1.82	1.29	1.26	1.67	1.42	1.38	1.35	0.46	0.42	0.35	0.44	0.42
Profit before tax	1.76	10.89	1.43	2.21	1.67	6.79	2.17	2.11	1.96	5.48	2.71	8.31	1.24
Tax %	0.00	269.15	0.00	0.00	0.00	47.72	0.00	0.00	0.00	-804.93	0.00	0.00	0.00
Net Profit	1.75	-18.42	1.43	2.22	1.67	3.55	2.17	2.11	1.97	49.59	2.71	8.30	1.24
EPS in Rs	0.07	-0.76	0.06	0.09	0.07	0.15	0.09	0.09	0.08	2.24	0.12	0.37	0.06

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	87.00	62.00	55.00	6.00	31.00	1.00	2.00	5.00	159.00	218.00	207.00	150.00
Expenses	62.00	43.00	42.00	5.00	25.00	3.00	19.00	25.00	163.00	216.00	163.00	139.00
Operating Profit	25.00	18.00	12.00	1.00	6.00	-2.00	-17.00	-20.00	-4.00	2.00	44.00	11.00
OPM %	29.00	30.00	23.00	13.00	18.00	-150.00	-919.00	-407.00	-2.70	1.10	21.00	8.00
Other Income	1.00	1.00	9.00	2.00	1.00	3.00	1.00	0.00	-95.00	2.00	-193.00	3.00
Interest	6.00	5.00	2.00	1.00	1.00	0.00	0.00	0.00	24.00	29.00	0.00	7.00
Depreciation	4.00	2.00	2.00	2.00	3.00	7.00	8.00	8.00	8.00	8.00	8.00	8.00
Profit before tax	16.00	13.00	18.00	0.00	3.00	-5.00	-24.00	-27.00	-131.00	-32.00	-157.00	0.00
Tax %	181.00	25.00	-249.00	0.00	0.00	0.00	0.00	0.00	46.00	9.00	-29.00	-424.00
Net Profit	-13.00	10.00	62.00	0.00	3.00	-5.00	-24.00	-27.00	-191.00	-35.00	-111.00	2.00
EPS in Rs	-0.54	0.41	2.79	0.01	0.13	-0.25	-1.09	-1.25	-8.69	-1.58	-6.67	0.18
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	48.00	48.00	44.00	44.00	44.00	44.00	44.00	44.00	44.00	44.00	33.00	24.00
Reserves	160.00	173.00	78.00	16.00	16.00	-46.00	-179.00	-155.00	-128.00	63.00	199.00	288.00
Borrowings	44.00	48.00	12.00	11.00	1.00	33.00	135.00	117.00	117.00	104.00	157.00	161.00
Other Liabilities	59.00	11.00	7.00	3.00	2.00	26.00	153.00	164.00	160.00	124.00	97.00	122.00
Total Liabilities	311.00	280.00	141.00	73.00	63.00	57.00	152.00	170.00	193.00	334.00	486.00	595.00
Fixed Assets	46.00	47.00	26.00	41.00	44.00	46.00	75.00	82.00	90.00	93.00	120.00	128.00
CWIP	1.00	2.00	0.00	3.00	0.00	0.00	2.00	2.00	2.00	7.00	17.00	17.00
Investments	51.00	51.00	0.00	3.00	3.00	0.00	0.00	0.00	0.00	0.00	2.00	2.00
Other Assets	213.00	180.00	115.00	26.00	16.00	10.00	76.00	86.00	101.00	235.00	346.00	448.00
Total Assets	311.00	280.00	141.00	73.00	63.00	57.00	152.00	170.00	193.00	334.00	486.00	595.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	4.00	2.00	-13.00	-6.00	-58.00	-146.00	33.00	-22.00	-22.00	-32.00
Cash from Investing Activity	-3.00	-118.00	19.00	-3.00	0.00	20.00	0.00	-1.00	0.00	3.00
Cash from Financing Activity	-7.00	122.00	-5.00	10.00	59.00	126.00	-33.00	22.00	23.00	29.00
Net Cash Flow	-6.00	6.00	1.00	0.00	0.00	0.00	0.00	-1.00	0.00	1.00
Free Cash Flow	2.00	-22.00	3.00	-9.00	-58.00	-123.00	33.00	-23.00	-23.00	-32.00
CFO/OP %	15.00	13.00	-103.00	-819.00	-1,027.00	8,875.00	-2,176.00	-816.00	54.00	-263.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	430.00	302.00	169.00	143.00	15.00	1,326.00	1,866.00	1,466.00	78.00	57.00	167.00	267.00
Inventory Days	294.00	227.00	101.00	7,805.00	51.00	972.00	37,663.00	7,084.00	134.00	241.00	184.00	546.00
Days Payable	328.00	93.00	42.00	290.00	8.00	324.00	45,108.00	8,212.00	147.00	82.00	147.00	192.00
Cash Conversion Cycle	396.00	436.00	228.00	7,658.00	59.00	1,974.00	-5,578.00	338.00	64.00	216.00	203.00	621.00
Working Capital Days	192.00	175.00	234.00	653.00	137.00	-8,074.00	-43,200.00	-15,591.00	-430.00	-42.00	17.00	289.00
ROCE %	9.00	9.00	12.00	1.00	9.00	-36.00	-935.00	-137.00	-9.00	-1.00	9.00	1.00

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	51.58	51.70	55.52	58.01	62.06	66.48	66.46	66.46	67.51	74.59	74.63	74.63
FIIs	5.58	1.83	0.16	0.16	3.13	3.80	4.15	4.77	8.38	0.00	0.00	0.00
Public	42.84	46.46	44.32	41.82	34.81	29.72	29.38	28.76	24.11	25.41	25.37	25.38
No. of Shareholders	219,167	225,366	233,068	240,201	189,600	185,677	180,238	170,707	106,932	87,335	67,404	56,490

Corporate Actions

7 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Other	21 Aug 2024	—	—	—	Annual General Meeting
Other	11 Aug 2023	—	—	—	Annual General Meeting
Other	12 Aug 2022	—	—	—	Annual General Meeting
Other	24 Jun 2021	26 Jun 2021	—	—	Resolution Plan -Suspension
Dividend	23 Dec 2009	—	—	0.40
Dividend	22 Dec 2008	—	—	0.40
Dividend	14 Dec 2007	—	—	2.00