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MIC Electronics

MICEL NSE
₹37.67 0.27 (0.72%)

MIC Electronics (MICEL) share price was ₹37.67 at the 28 Oct 2026 close; sector Capital Goods. The share price fell 32.6% over the year to 28 Oct 2026 (adjusted for splits and bonuses). In the Jun 2026 quarter, revenue rose 276.6% year on year to ₹43.72 Cr and net profit rose 27.5% year on year to ₹2.13 Cr (compared with Jun 2025). Promoters held 41.73% of MIC Electronics in Sep 2026, down 9.84 percentage points from Jun 2026. Its Tapetide Score is 44/100 (Weak) as of 28 Oct 2026.

Close 28 Oct 2026 ₹37.67 −18.20 −32.58% 1Y

Key Fundamentals

MicrocapIndustrial ManufacturingCapital Goods
EBITDA
₹26.40 Cr
Return on Equity
-5.83%
Debt to Equity
0.2
Book Value
₹7.64
EPS (TTM)
−₹0.50
52W High
₹57.60
52W Low
₹29.97

Price-based figures as of 28 Oct 2026, 15:59 IST · EPS basis: Consolidated · TTM

Peer Comparison

Industrials › Capital Goods › Industrial Products › Other Industrial Products

HBL Engineering
₹809.9528.7522,451 Cr10.140.38%36.79%46.59%3,399 Cr780 Cr
INOX India
₹1,910.0068.0217,366 Cr15.510.10%23.08%30.77%1,667 Cr255 Cr
ESAB India
₹5,275.0036.608,120 Cr18.911.42%48.14%60.82%1,615 Cr222 Cr
KRN Heat Exchanger and Refrigeration
₹1,178.9076.857,717 Cr8.350.00%13.32%18.02%747 Cr97 Cr
Harsha Engineers
₹427.0025.133,888 Cr2.770.36%11.07%14.21%1,752 Cr154 Cr
Subros
₹595.7523.363,886 Cr3.120.49%13.31%16.75%3,949 Cr167 Cr
Ador Welding
₹1,365.4020.722,376 Cr4.170.55%14.79%20.26%1,285 Cr115 Cr
MIC Electronics (this company)
₹37.67——4.930.00%-5.83%10.01%224 Cr-12 Cr
Median 8 companies₹994.4328.757,717 Cr6.640.37%14.06%19.14%1,641 Cr161 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the live price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100. How it works →

As of 2026-10-28
v2.0.0
44 Weak
Overall score
Data confidence 93/100

Category scores

Quality Weak 43
Returns, margins, earnings quality 22%
Valuation Poor 28
Cheap vs sector & own history 24%
Growth Strong 99
Sales & profit trajectory 9%
Financial Health Average 54
Solvency, leverage, coverage 9%
Momentum Poor 30
Trend strength, vol-adjusted 12%
Ownership Average 50
FII/DII/promoter flows 24%

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

1
  • Company is expected to give good quarter

Weaknesses

4
  • Stock is trading at 3.93 times its book value
  • Promoter holding has decreased over last quarter: -9.97%
  • Company has a low return on equity of 10.7% over last 3 years.
  • Company has high debtors of 375 days.

Technical Indicators

Oscillators

BearishNeutralBullish

Bullish

Bearish
0
Neutral
7
Bullish
2

Overall

BearishNeutralBullish

Bullish

Bearish
2
Neutral
7
Bullish
10

Moving Averages

BearishNeutralBullish

Bullish

Bearish
2
Neutral
0
Bullish
8

Growth Rate

Revenue Growth
99.69% lower than 3Y

change over 1 year

Net Income Growth
-229% lower than 3Y

change over 1 year

Cash Flow Change
106%

change over 1 year

EBITDA Margin Change
-31.46%

change over 1 year Operating margin 9.74% · Jun 2026

Quarterly Results

Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
8.26
10.31
17.49
22.96
10.71
27.46
11.75
44.85
11.61
37.89
90.23
50.79
43.72
Expenses
6.16
7.32
14.9
17.55
8.12
23.82
8.3
36.49
7.5
34.08
86.26
37.44
39.46
Operating Profit
2.1
2.99
2.59
5.41
2.59
3.64
3.45
8.36
4.11
3.81
3.97
13.35
4.26
OPM %
25.42%
29%
14.81%
23.56%
24.18%
13.26%
29.36%
18.64%
35.4%
10.06%
4.4%
26.28%
9.74%
Other Income
0.22
6.78
0.82
0.86
0.22
0.23
0.49
0.31
0.14
0.53
0.15
0.35
0.22
Interest
0.54
0.48
0.35
0.42
0.46
1.35
1.38
1.42
1.67
1.26
1.3
1.82
1.39
Depreciation
0.55
0.38
0.35
0.37
0.39
0.39
0.39
0.44
0.91
0.91
0.94
0.92
0.96
PBT
1.23
8.91
2.71
5.48
1.96
2.13
2.17
6.81
1.67
2.17
1.88
10.96
2.13
Tax %
-0.81%
1.23%
0%
-804.93%
0%
0%
0%
47.58%
0%
0%
0%
267.43%
0%
Net Profit
1.24
8.8
2.71
49.59
1.97
2.13
2.17
3.57
1.67
2.17
1.88
-18.35
2.13
EPS (₹)
0.06
0.39
0.12
2.24
0.08
0.09
0.09
0.15
0.07
0.09
0.08
-0.76
0.09
Figures in ₹ Crores

Profit & Loss

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
150
207
218
159
5
2
1
45
23
55
95
191
223
Expenses
140
163
216
163
25
19
3
38
21
42
76
165
197
Operating Profit
11
44
2
-4
-20
-17
-2
7
2
12
18
26
25
OPM %
7%
21%
1%
-2.7%
-407%
-919%
-150%
15%
7%
23%
19%
13%
11%
Other Income
4
-193
2
-95
0
1
3
1
2
9
1
1
1
Interest
7
0
29
24
0
0
0
2
1
2
5
6
6
Depreciation
8
8
8
8
8
8
7
3
2
2
2
4
4
PBT
0
-157
-32
-132
-27
-24
-5
3
0
18
13
17
17
Tax %
-8900%
-29%
9%
46%
0%
0%
0%
0%
0%
-249%
25%
176%
—
Net Profit
2
-111
-35
-191
-27
-24
-5
3
0
62
10
-13
-12
EPS (₹)
0.15
-6.67
-1.58
-8.69
-1.25
-1.09
-0.25
0.14
0.01
2.79
0.41
-0.52
-0.5
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
—
Figures in ₹ Crores

Balance Sheet

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
24
33
44
44
44
44
44
44
44
44
48
48
Reserves
286
198
69
-121
-148
-172
-39
18
19
78
174
168
Borrowings
161
157
104
117
117
135
33
8
17
12
48
44
Other Liabilities
122
98
125
160
165
154
27
4
8
7
43
94
Total Liabilities
593
486
342
200
178
161
65
75
87
141
314
354
Fixed Assets
128
120
93
90
82
75
46
47
43
26
47
46
CWIP
17
17
7
2
2
2
0
5
10
0
2
1
Investments
6
7
7
7
7
8
8
0
0
0
0
0
Other Assets
442
341
236
102
87
76
11
23
34
115
265
307
Total Assets
593
486
342
200
178
161
65
75
87
141
314
354
Figures in ₹ Crores

Cash Flow

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
-32
-22
-22
33
0
1
-146
-58
-5
-13
-49
3
Investing
11
0
-1
0
0
-1
20
-9
-5
19
-67
-3
Financing
21
0
22
-33
0
0
126
66
10
-5
122
-6
Net Cash Flow
0
-22
-1
0
0
0
0
0
0
1
6
-6
Free Cash Flow
-23
-22
-23
33
0
1
-123
-66
-9
3
-73
1
CFO/OP
-280
55
-867
-2,147
-2
-4
8,889
-865
-296
-103
-267
12
Figures in ₹ Crores

Ratios

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
262
167
57
78
1,466
1,866
1,326
11
45
169
324
375
Inventory Days
546
184
241
134
7,084
30,641
972
96
383
101
100
77
Days Payable
190
149
84
150
8,344
37,323
817
6
14
42
245
174
Cash Conversion Cycle
618
201
214
62
206
-4,815
1,480
101
414
228
180
278
Working Capital Days
287
16
-42
-431
-15,613
-43,260
-8,167
108
161
234
314
202
ROCE %
1%
9%
-1%
-8%
-102%
-242%
-24%
9%
1%
12%
9%
9%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view MIC Electronics insights

64 extracted metrics + investor summaries across FY11–FY27.

Shareholding Pattern

Others7.04%Promot.41.73%FIIs20.35%Public30.89%As ofSep 2026
3.70% of promoter holding pledged as of Sep 2026

Documents

Frequently Asked Questions about MIC Electronics

What does MIC Electronics Ltd do?
Incorporated in 1988, MIC Electronics Ltd is in the business of LED Products, Medical & other appliances, and Automobiles (EVs)[1]
Where is MIC Electronics Ltd (MICEL) listed?
MIC Electronics Ltd trades as MICEL on the NSE and under code 532850 on the BSE.
Which sector does MIC Electronics Ltd belong to?
MIC Electronics Ltd is classified under the Capital Goods sector, in the Industrial Products industry.
What is the 52-week high and low of MIC Electronics Ltd?
Over the last 52 weeks MIC Electronics Ltd has traded between ₹29.97 and ₹57.6 as of 28 Oct 2026.
What is the Return on Equity (ROE) of MIC Electronics Ltd?
MIC Electronics Ltd reported a return on equity of -5.83%. Its debt-to-equity ratio is 0.20.

Company Information

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

Website mic.co.in
CEO Mr. Rakshit Mathur
Employees 81
Listed 2021-12-17
Face Value ₹ 2

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