MIC Electronics Limited

Capital Goods · Industrial Products

NSE: MICEL BSE: 532850

₹36.72

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Industrial Products

The largest companies in the same industry by market cap. This company ranks #130 of 335. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Cummins India Limited	131,947	57.8	27.9%	23.7%	1.39%	84	0	27
Polycab India Limited	120,900	43.0	22.3%	9.2%	0.59%	83	27	61
Welspun Corp Limited	71,672	81.9	17.2%	217.6%	0.18%	71	0	53
APL Apollo Tubes Limited	60,810	105.9	22.7%	26.5%	—	68	0	51
Supreme Industries Limited	43,837	46.5	15.5%	-17.6%	—	76	0	49
KEI Industries Limited	42,590	42.7	13.8%	10.4%	0.10%	70	29	61
Astral Limited	36,816	56.6	13.2%	-0.4%	—	76	12	12
AIA Engineering Limited	36,106	27.9	15.8%	19.1%	0.41%	71	29	61
MIC Electronics Limited (this stock)	885	—	-4.9%	-36.9%	—	59	38	68

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹929 Cr

EV / EBITDA

36.1x

EV / Sales

10.56x

Market cap / Sales

10.06x

Earnings yield

Data unavailable.

Quarterly Financials

Download CSV

Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 13 Cr, up 6.4% YoY.

↑ Positive

Quarterly Net Profit

Jun 2026 quarterly net profit is Rs 2 Cr, up 5.2% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	12	2	2	₹0.0700
March 31, 2026	51	11	-18	₹-0.7700
Dec. 31, 2025	13	1	1	₹0.0600
Sept. 30, 2025	12	2	2	₹0.0900
June 30, 2025	12	2	2	₹0.0700
March 31, 2025	28	7	4	₹0.1400
Dec. 31, 2024	12	2	2	₹0.0900
Sept. 30, 2024	11	2	2	₹0.0900
June 30, 2024	11	2	2	₹0.0800
March 31, 2024	23	5	50	₹2.2400
Dec. 31, 2023	17	3	3	₹0.1200
Sept. 30, 2023	7	8	8	₹0.3700
June 30, 2023	7	1	1	₹0.0600

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	13	51	13	13	12	28	12	11	11	24	18	7	7
Operating revenue	12	51	13	12	12	28	12	11	11	23	17	7	7
Other income	0	0	0	1	0	0	0	0	0	1	1	0	0
Operating expenses	8	38	9	8	8	20	8	8	8	18	15	5	5
Operating profit	4	13	3	4	4	8	3	4	3	5	3	2	2
Operating profit margin	31.7%	26.1%	27.6%	31.5%	35.4%	29.7%	29.3%	32.5%	24.2%	23.6%	14.9%	33.0%	27.8%
Depreciation	1	1	1	1	1	0	0	0	0	0	0	0	0
Interest	1	2	1	1	2	1	1	1	0	0	0	0	0
Exceptional items, gain / (loss)	—	—	—	—	—	—	—	—	—	—	—	7	—
Profit before tax	2	11	1	2	2	7	2	2	2	5	3	8	1
Tax	—	29	—	—	—	3	—	—	—	-44	—	—	—
Net profit	2	-18	1	2	2	—	2	2	2	50	3	8	1
EPS	0.07	-0.77	0.06	0.09	0.07	0.14	0.09	0.09	0.08	2.24	0.12	0.37	0.06
Net profit (TTM)	-13	-13	—	—	—	—	56	56	63	62	15	11	2
EPS (TTM)	-0.55	-0.55	0.36	0.39	0.39	0.40	2.50	2.53	2.81	2.79	0.66	0.50	0.11

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	87	16	-13
March 31, 2025	62	13	10
March 31, 2024	55	18	62
March 31, 2023	6	0	0

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	124.7%	—	88^†	63^†	57^†	8^†	32^†	—	7^†	174^†	233^†
Operating revenue	145.6%	—	87	62	55	6	31^†	—	5^†	173^†	231^†
Other income	—	—	1^†	1^†	2^†	2^†	1^†	—	2^†	1^†	3^†
Operating expenses	—	—	63^†	44^†	42^†	5^†	26^†	3^†	26^†	177^†	197^†
Operating profit	216.5%	—	25^†	18^†	12^†	1^†	5^†	—	-22^†	-4^†	34^†
Operating profit margin	—	—	28.3%^†	29.2%^†	22.5%^†	13.2%^†	17.2%^†	—	-444.6%^†	-2.5%^†	14.7%^†
Depreciation	—	—	4^†	2^†	2^†	2^†	3^†	7^†	8^†	8^†	7^†
Interest	—	—	6^†	5^†	2^†	0^†	1^†	0^†	0^†	24^†	10^†
Exceptional items, gain / (loss)	—	—	0^†	0^†	7^†	0^†	0^†	0^†	-0^†	-96^†	-13^†
Profit before tax	376.3%	—	16	13	18	0	3^†	-5^†	-27^†	-131^†	3^†
Tax	—	—	—	—	—	—	—	—	—	60^†	—
Net profit	—	—	-13	10	62	0	3^†	-5^†	-27^†	-191^†	3^†
EPS	—	—	-0.55^†	0.40^†	2.79^†	0.01^†	0.96^†	-0.25^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 19	Mar 18	Mar 17
Operating margin	28.3%^†	29.2%^†	22.5%^†	13.2%^†	17.2%^†	—	-444.6%^†	-2.5%^†	14.7%^†
EBIT margin	25.5%^†	28.6%^†	35.5%^†	11.0%^†	12.7%^†	—	-566.5%^†	-61.8%^†	5.7%^†
PBT margin	18.6%	21.1%	32.5%	2.5%	9.0%^†	—	-567.8%^†	-75.9%^†	1.5%^†
Net margin	-15.0%	15.9%	113.3%	2.5%	9.0%^†	—	-567.8%^†	-110.5%^†	1.1%^†
Interest coverage	3.68x^†	3.83x^†	11.79x^†	1.30x^†	3.46x^†	-59.11x^†	-457.00x^†	-4.38x^†	1.34x^†
Dividend payout	—	—	—	—	—	—	—	—	—
Earnings retention	—	—	—	—	—	—	—	—	—
Current ratio	1.61x	1.95x	—	—	—	—	—	—	—
Quick ratio	1.30x	1.60x	—	—	—	—	—	—	—
Debt to equity	0.21x	0.20x	—	—	—	—	—	—	—
Return on equity	-6.3%	4.4%	—	—	—	—	—	—	—
Return on assets	-4.2%	3.5%	—	—	—	—	—	—	—
Return on capital employed	10.2%^†	7.5%^†	—	—	—	—	—	—	—
Asset turnover	0.28x	0.22x	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	2	-1	-7	3	-1
March 31, 2025	-41	-75	122	23	-64
March 31, 2024	-10	16	-5	-16	7
March 31, 2023	-6	-3	10	0	-6
March 31, 2022	-58	-0	59	0	-58

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	311	208	160	35	9	149	92	0	46	29
March 31, 2025	280	222	173	31	13	89	45	7	47	16
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.