MIC Electronics Limited

BSE: MICEL532850ISIN INE287C01037

Industrials
Other Industrial Products
BSE Industrials

Share price

₹36.43+0.72 (+2.02%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹57.60
52W low: ₹30.00
Off 52W high: -36.75%
1M return: +3.26%
3M return: -1.86%
6M return: -23.91%
1Y return: -30.96%
20D avg volume: 65,536
50 DMA: ₹36.14
200 DMA: ₹38.63

Key ratios Consolidated

Market cap: ₹1,085 Cr
Current price: ₹36.43
52W high / low: ₹57.60 / ₹30.00
Face value: ₹2.00
P/E: -89.18
P/B: —
EPS (TTM): ₹-0.41
Book value / share: —
ROE: —
ROCE: 10.00%
Operating margin: —
Net margin: —
Debt / equity: 0.20
Net debt: ₹43.90 Cr
Interest cover: 3.76
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 305.2 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q4 FY24	Q2 FY24	Q1 FY24	Q4 FY23
Income statement
	43.72	50.80	90.23	37.89	11.61	44.85	11.75	27.46	—	10.31	8.26	11.01
	0.22	0.35	0.15	0.53	0.14	0.31	0.49	0.23	—	0.16	0.22	0.72
	43.94	51.14	90.37	38.42	11.75	45.15	12.24	27.68	—	10.47	8.48	11.73
	41.80	40.17	88.50	36.25	10.08	38.34	10.07	25.56	—	8.17	7.25	9.30
	4.39	33.87	7.77	2.92	6.15	11.20	8.98	7.57	—	5.79	4.39	2.41
	30.88	-0.08	75.92	25.64	0.00	16.65	—	16.11	—	2.62	0.49	9.46
	2.43	3.37	2.21	2.66	2.22	2.29	1.98	1.71	—	1.43	1.48	0.91
	1.39	1.82	1.30	1.26	1.67	1.42	1.38	1.35	—	0.48	0.54	0.16
	0.96	0.92	0.94	0.91	0.91	0.44	0.39	0.39	—	0.38	0.55	0.54
	3.97	6.87	5.27	3.32	1.58	3.23	—	3.74	—	1.43	0.88	0.47
	2.13	10.97	1.88	2.17	1.67	6.81	2.17	2.13	—	2.30	1.23	2.43
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	6.62	0.00	0.00
	2.13	10.97	1.88	2.17	1.67	6.81	2.17	2.13	—	8.92	1.23	2.43
	0.00	29.31	0.00	0.00	0.00	3.24	0.00	0.00	—	0.12	0.01	0.00
	2.13	-18.35	1.88	2.17	1.67	3.58	2.17	2.13	—	8.80	1.24	2.43
	0.09	-0.76	0.08	0.09	0.07	0.14	0.09	0.09	—	0.39	0.06	0.11
Key metrics
	4.48	13.71	4.12	4.34	4.25	8.67	3.94	3.87	—	9.78	2.32	3.13
	10.20%	27.00%	4.60%	11.50%	36.60%	19.30%	33.50%	14.10%	—	94.90%	28.10%	28.40%
	4.90%	-36.10%	2.10%	5.70%	14.40%	8.00%	18.50%	7.80%	—	85.40%	15.00%	22.10%
	—	5.60%	—	1.40%	—	3.50%	—	—	—	—	—	—
	276.60%	13.30%	667.90%	38.00%	—	—	—	166.30%	—	—	—	—
	27.50%	-612.60%	-13.40%	1.90%	—	—	—	-75.80%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	222.64	190.52	94.76	—	22.91	44.95
	1.25	1.16	1.24	—	1.94	1.30
	223.87	191.69	96.00	—	24.85	46.25
	206.72	175.01	82.94	—	24.59	43.22
	48.95	50.70	32.95	—	5.70	19.71
	132.36	101.48	32.76	—	16.93	12.24
	10.67	10.45	7.47	—	3.45	3.15
	5.77	6.05	4.61	—	0.79	1.74
	3.73	3.68	1.61	—	2.37	2.91
	19.43	17.04	10.27	—	2.94	5.40
	17.15	16.68	13.07	—	0.26	3.03
	0.00	0.00	0.00	—	0.00	0.00
	17.15	16.68	13.07	—	0.26	3.03
	29.31	29.31	3.24	—	0.01	0.07
	-12.17	-12.63	9.83	—	0.25	2.96
	-0.50	-0.53	0.40	—	0.01	0.13
Key metrics
	26.65	26.41	19.29	—	3.42	7.68
	11.97%	13.90%	20.40%	—	14.90%	17.10%
	-5.47%	-6.60%	10.40%	—	1.10%	6.60%
	—	10.00%	7.50%	—	—	—
	132.72%	101.10%	—	—	-49.00%	—
	-227.43%	-228.50%	—	—	-91.60%	—
	—	-1.30	-114.92	—	—	—
	—	-0.10	-9.39	—	—	—
	—	0.20	0.20	—	—	—
	—	43.90	36.92	—	—	—
	—	305.2	234.4	—	—	—
Balance sheet
	—	354.15	313.99	—	—	—
	—	243.27	173.73	—	—	—
	—	0.29	6.65	—	—	—
	—	195.89	84.11	—	—	—
	—	29.11	16.14	—	—	—
	—	7.32	57.50	—	—	—
	—	45.69	46.73	—	—	—
	—	65.72	39.41	—	—	—
	—	127.05	78.26	—	—	—
	—	44.19	43.57	—	—	—
	—	34.87	30.97	—	—	—
	—	9.32	12.60	—	—	—
	—	216.76	222.59	—	—	—
Cash flow
	—	1.31	-92.34	—	—	—
	—	-1.17	-23.52	—	—	—
	—	-6.50	121.61	—	—	—
	—	2.61	22.58	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	12.29	50.80	12.63	12.24	11.61	28.07	11.75	11.20	10.71	22.96	17.49	7.10
	0.22	0.35	0.15	0.53	0.14	0.31	0.49	0.21	0.22	0.86	0.82	0.14
	12.51	51.14	12.78	12.77	11.75	28.37	12.24	11.41	10.93	23.83	18.31	7.24
	10.75	40.25	11.35	10.55	10.08	21.59	10.07	9.30	8.97	18.34	15.60	5.56
	4.39	33.87	7.77	2.92	6.15	11.20	8.98	7.57	5.20	10.19	6.80	5.79
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	2.43	2.90	2.21	2.66	2.22	2.29	1.98	1.71	1.49	1.63	1.57	1.29
	1.39	1.82	1.29	1.26	1.67	1.42	1.38	1.35	0.46	0.42	0.36	0.44
	0.96	0.92	0.91	0.91	0.91	0.44	0.39	0.39	0.39	0.37	0.35	0.36
	3.80	7.32	4.08	3.26	1.58	3.12	—	3.59	1.96	3.21	2.33	1.29
	1.75	10.90	1.43	2.22	1.67	6.79	2.17	2.11	1.97	5.49	2.71	1.68
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	6.62
	1.75	10.90	1.43	2.22	1.67	6.79	2.17	2.11	1.97	5.49	2.71	8.30
	0.00	29.31	0.00	0.00	0.00	3.24	—	—	—	44.10	—	—
	1.75	-18.42	1.43	2.22	1.67	3.55	2.17	2.11	1.97	49.59	2.71	8.30
	0.07	-0.77	0.06	0.09	0.07	0.14	0.09	0.09	0.08	2.24	0.12	0.37
Key metrics
	4.10	13.64	3.63	4.39	4.25	8.65	3.94	3.85	2.82	6.28	3.42	9.10
	33.40%	26.90%	28.70%	35.90%	36.60%	30.80%	33.50%	34.40%	26.30%	27.40%	19.60%	128.20%
	14.20%	-36.30%	11.30%	18.10%	14.40%	12.60%	18.50%	18.80%	18.40%	216.00%	15.50%	116.90%
	—	5.80%	—	1.50%	—	3.50%	—	—	—	—	—	—
	5.90%	81.00%	7.50%	9.30%	8.40%	22.30%	-32.80%	57.70%	—	—	—	—
	4.80%	-618.90%	-34.10%	5.20%	-15.20%	-92.80%	-19.90%	-74.60%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	87.96	87.28	61.73	54.58	5.89	31.14
	1.25	1.16	1.22	1.99	1.91	1.19
	89.20	88.44	62.95	56.57	7.80	32.33
	72.90	72.23	49.92	45.45	7.65	29.52
	48.95	50.70	32.95	27.17	5.69	19.71
	0.00	0.00	0.00	—	—	—
	10.20	9.98	7.47	5.46	2.23	2.03
	5.76	6.04	4.61	1.64	0.50	1.14
	3.70	3.65	1.61	1.54	2.04	2.61
	18.46	16.25	10.02	7.55	2.49	4.16
	16.30	16.21	13.03	11.11	0.15	2.81
	0.00	0.00	0.00	6.62	—	—
	16.30	16.21	13.03	17.73	0.15	2.81
	29.31	29.31	3.24	44.10	—	—
	-13.02	-13.11	9.79	61.84	0.15	2.81
	-0.55	-0.55	0.40	2.79	0.01	0.13
Key metrics
	25.76	25.90	19.25	20.91	2.69	6.56
	29.29%	29.70%	31.20%	38.30%	45.70%	21.10%
	-14.80%	-15.00%	15.90%	113.30%	2.50%	9.00%
	—	10.20%	7.50%	—	—	—
	40.44%	41.40%	13.10%	826.70%	-81.10%	—
	-237.05%	-233.90%	-84.20%	41,126.70%	-94.70%	—
	—	-0.70	-63.79	—	—	—
	—	-0.14	-4.21	—	—	—
	—	0.21	0.20	—	—	—
	—	44.12	37.07	—	—	—
	—	415.7	358.3	—	—	—
Balance sheet
	—	311.14	280.21	—	—	—
	—	149.02	88.67	—	—	—
	—	0.07	6.50	—	—	—
	—	102.74	51.05	—	—	—
	—	29.11	16.14	—	—	—
	—	6.44	5.64	—	—	—
	—	45.66	46.73	—	—	—
	—	32.46	6.60	—	—	—
	—	92.44	45.45	—	—	—
	—	44.19	43.57	—	—	—
	—	34.87	30.97	—	—	—
	—	9.32	12.60	—	—	—
	—	208.36	221.62	—	—	—
Cash flow
	—	1.86	-41.21	—	—	—
	—	-1.11	-74.79	—	—	—
	—	-7.18	121.61	—	—	—
	—	2.56	22.58	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +145.62%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +40.44%
Profit YoY (TTM): -237.05%

Consolidated

Sales CAGR 3Y: +102.60%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +132.72%
Profit YoY (TTM): -227.43%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 41.73%

Quarter	September 2026	June 2026
Promoter %	41.73%	41.73%

Holder	Type	Holding	Previous	Change
R R K ENTERPRISE PRIVATE LIMITED	Promoter	36.33%	36.33%	0.00%
Ebisu Global Opportunities Fund Limited	Public	8.65%	8.65%	0.00%
Unico Global Opportunities Fund Limited	Public	8.10%	8.10%	0.00%
Maybank Securities Pte Ltd	Public	3.58%	3.58%	0.00%
Tavas Advisory & Consulting (FZE)	Public	3.24%	3.24%	0.00%
SIVA LAKSHMANARAO KAKARALA	Promoter	2.63%	2.63%	0.00%
SATYAVATHI KAKARALA	Promoter Group	1.08%	1.08%	0.00%
BINDHU SREE KAKARALA	Promoter Group	0.85%	0.85%	0.00%
KALYAN KAKARALA	Promoter Group	0.84%	0.84%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
HBL ENGINEERING LIMITED	23,187	836.50	43.20	45.90%	—	—	-15.86%
INOX India Limited	17,557	1,930.95	67.38	30.80%	+22.53% TTM	+5.98% TTM	+59.26%
Esab India Ltd. S	8,206	5,330.95	36.98	60.80%	+12.99% TTM	+29.07% TTM	+9.05%
KRN HEAT EXCHANGER AND REFRIGERATION LIMITED	6,620	1,011.40	57.55	18.00%	+77.18% TTM	+94.83% TTM	+27.68%
Harsha Engineers International Limited	4,200	461.30	25.73	14.20%	+22.34% TTM	+65.44% TTM	+15.61%
Subros Ltd.	3,881	594.85	22.79	16.70%	+21.25% TTM	+5.94% TTM	-42.91%
Ador Welding Ltd.	2,462	1,414.95	21.32	20.30%	+12.93% TTM	+111.66% TTM	+31.10%
Diffusion Engineers Limited	1,568	419.05	27.32	15.70%	+38.32% TTM	+34.51% TTM	+12.53%
MIC Electronics Limited	1,085	36.43	-89.18	10.00%	+132.72% TTM	-227.43% TTM	-30.96%
Hy-Tech Engineers Limited	768	81.02	—	—	+17.36% FY26	+15.14% FY26	—
Technocrats Plasma Systems Limited S	715	406.20	—	—	+166.03% FY26	+84.22% FY26	—
MALLCOM (INDIA) LTD.	570	912.80	21.29	14.80%	+3.91% TTM	-54.47% TTM	-36.70%
Simplex Castings Ltd. S	527	128.45	22.54	26.20%	+15.32% TTM	+28.04% TTM	+32.38%
Sealmatic India Limited	523	481.70	—	12.10%	—	—	+23.38%
EXPO ENGINEERING AND PROJECTS LIMITED S	228	88.00	191.30	14.20%	-34.54% TTM	-70.94% TTM	+12.12%
QUEST FLOW CONTROLS LIMITED	184	179.70	—	0.40%	—	—	-26.97%
ALPHALOGIC INDUSTRIES LIMITED S	133	131.00	21.69	26.00%	—	—	+20.52%
W.H. Brady & Co. Ltd.	122	476.80	18.49	8.20%	-9.14% TTM	-71.81% TTM	-34.79%
Narmadesh Brass Industries Limited S	100	323.00	271.43	9.80%	—	—	—
MAURIA UDYOG LIMITED	82	6.18	3.71	39.10%	-13.01% TTM	+6.43% TTM	-52.72%
Siyaram Recycling Industries Limited S	75	34.44	22.36	11.20%	—	—	-63.07%
Indian Link Chain Mnfrs. Ltd. S	61	229.40	-201.23	-0.90%	-100.00% TTM	-321.43% TTM	-87.52%
DELTA MANUFACTURING LIMITED	60	55.33	-5.70	22.80%	+3.75% TTM	+7.22% TTM	-25.73%
Gabriel Pet Straps Limited	47	63.18	—	4.90%	—	—	-78.87%
Storage Technologies and Automation Limited	45	34.84	—	-6.10%	—	—	-51.11%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

MIC Electronics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/11/2026 ,inter alia, to consider and approve the Unaudited (Standalone & ....4 Nov 2026 · Board Meeting / Board Meeting
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Unico Global Opportunities Fund Ltd13 Oct 2026 · Insider Trading / SAST / Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ebisu Global Opportunities Fund Ltd9 Oct 2026 · Insider Trading / SAST / Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
Please find attached the Compliance Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018.8 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
The company has received trading approval from BSE & NSE for 5,68,73,418 shares allotted on a preferential basis.8 Oct 2026 · Company Update / General
Please find attcched the intimation of closure of trading window for the quarter ended Sep 30, 2026.29 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
38th AGM Voting Result alongwith Combined Scrutinizers Report16 Sep 2026 · AGM/EGM / AGM
Submission of the proceedings of the 38th Annual General Meeting of the Company held today.16 Sep 2026 · AGM/EGM / AGM
Allotment of equity shares on a preferential basis4 Sep 2026 · Company Update / Allotment of Equity Shares
Intimation of incorporation of subsidiary, "MIC Defence Systems Private Limited."2 Sep 2026 · Company Update / General
Receipt of in-principle approval from the stock exchanges for issue of Equity Shares on preferntial basis towards the acquisition of M/s. NEO Semi SG Pte Ltd, Singapore.26 Aug 2026 · Company Update / General
Please find attached the publication.24 Aug 2026 · Company Update / Newspaper Publication
The Annual Report for FY2025-26 is attached herewith.22 Aug 2026 · Others / Reg. 34 (1) Annual Report
The notice of the 38th Annual General Meeting is attached herewith.22 Aug 2026 · AGM/EGM / AGM
Please find enclosed the intimation regarding the Credit Rating of the Company.14 Aug 2026 · Company Update / Credit Rating
Newspaper publication regarding the unaudited financial results of the Company for the quarter ended June 30, 2026.3 Aug 2026 · Company Update / Newspaper Publication
enclosed31 Jul 2026 · Corp. Action / Record Date
enclosed31 Jul 2026 · Corp. Action / Book Closure
Enclosed31 Jul 2026 · AGM/EGM / AGM
Intimation of resignation of Mr. Ravinder Reddy Surakanti as a Director of the Company.31 Jul 2026 · Company Update / Resignation of Director
Outcome of the Board Meeting held today is enclosed31 Jul 2026 · Board Meeting / Outcome of Board Meeting
Enclosed the Unaudited Financial Results (Standalone & Consolidated) for the Quarter ended June, 30, 2026 approved by the Board in its meeting held today.31 Jul 2026 · Result / Financial Results
MIC Electronics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/07/2026 ,inter alia, to consider and approve a) To consider and approve ....27 Jul 2026 · Board Meeting / Board Meeting
Receipt of completion certificate13 Jul 2026 · Company Update / General
Please find attached the certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018.11 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of closure of trading window for the quarter ended June 30, 2026.24 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for RRK Enterprise Pvt Ltd8 May 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Please find attached the intimation regarding the development of IPIS v2.0 by the company for Indian Railways.8 May 2026 · Company Update / General
We wish to inform you that the company has received a letter of acceptance from the Chhattisgarh Environment Conservation Board for an amount of Rs. 3,78,00,000/- for the design, supply, ....5 May 2026 · Company Update / Award of Order / Receipt of Order
Enclosed the Annual Secretarial Compliance Report of the Company issued by M/s. RPR & Associates, Practising Company Secretaries for the Financial Year ended March 31, 2026.30 Apr 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
We enclose herewith the combined voting results (remote e-voting and voting conducted at the venue of EGM) in the prescribed format along with the consolidated scrutinizer''s report.29 Apr 2026 · AGM/EGM / EGM
Proceeding of the Extra-ordinary General Meeting of the Company held today i.e., April 29, 2026 at 11.45 a.m. at the Registered Office of the Company.29 Apr 2026 · AGM/EGM / EGM
Please find enclosed the newspaper publication intimation.27 Apr 2026 · Company Update / Newspaper Publication
Outcome of the Board Meeting held today - Audited Financial Results for the Quarter and Year ended March 31, 202625 Apr 2026 · Board Meeting / Outcome of Board Meeting
Audited Financial Results for the Quarter and Year ended March 31, 202625 Apr 2026 · Result / Financial Results
MIC Electronics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/04/2026 ,inter alia, to consider and approve A meeting of the Board of Directors ....21 Apr 2026 · Board Meeting / Board Meeting
Please find attached the copy of the newspaper publication regarding the corrigendum to the Notice of Extra-ordinary General Meeting scheduled to be held on April 29, 2026.18 Apr 2026 · Company Update / Newspaper Publication
Please find attached the corrigendum to the Notice of Extra-Ordinary General Meeting to be held on April 29, 2026.16 Apr 2026 · AGM/EGM / EGM
Please find enclosed the receipt of the LOAs (letters of acceptance) intimation.16 Apr 2026 · Company Update / Award of Order / Receipt of Order
Please find the attached intimation of the newspaper publication regarding the notice of the extraordinary general meeting of the Company.9 Apr 2026 · Company Update / Newspaper Publication

Board meetings

31 Jul 2026 Board Meeting - Financial Results