MIC Electronics share price & results
- Jun 2026
- Sept 2026
Hyderabad-based electronics maker of LED display systems (incl. Passenger Information Systems for Indian Railways), medical & other appliances, and electric vehicles.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 12.3 | +5.9% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 31.6 | −3.8 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 1.8 | +4.8% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | -5.56 | −11.8 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | 0.63 | +77.8 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 132.71 | +28.3 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance −34.7% 1Y
1Y: ₹54.95 on 24 Oct 2025 → ₹35.87. High ₹57.01 (27 Oct 2025), low ₹29.97 (30 Mar 2026).
- Previous close
- ₹37.32
- Market cap
- ₹1.1k Cr
- 52-week range
- ₹29.97 – ₹57.01
- One year
- −37.08%
- Return on equity (TTM to Jun 2026)
- -5.56%
Overview
- Symbol
- NSE:MICEL
- Sector
- Capital Goods
- Industry
- Industrials
- Exchange
- NSE
- Currency
- INR
What MIC Electronics Limited does
Based on the company's own presentations, annual report and earnings calls.
MIC Electronics operates through three segments: LED Products (including Passenger Information System displays supplied to Indian Railways), Medical & other appliances, and Automobiles (EVs). It is also developing railway-specific electronics such as Emergency Lighting Units, Public Announcement Passenger Information Systems, Roof Mount Packaging Units and Integrated Power Supplies, and has applied for certification of Smart Energy Meters. Its wholly-owned subsidiary SOA Electronics Trading LLC (Dubai, UAE) trades in electrical & electronics spare parts, and it has a second wholly-owned subsidiary, MICK Digital India Limited.
Segments
- LED Products
- Medical & other appliances
- Automobiles (EVs)
- Business segments
- 3 (LED Products; Medical & other appliances; Automobiles/EVs)
- Wholly-owned subsidiaries
- 2 (SOA Electronics Trading LLC, Dubai, UAE; MICK Digital India Limited)
- International presence
- Dubai, UAE (via subsidiary SOA Electronics Trading LLC, electrical & electronics spare-parts trading)
- Railway product pipeline
- Prototype approvals obtained for EMU and PAPIS; RMPU and IPS under development; Smart Energy Meter certification awaited
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +5% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 11 | 12 | 28 | 12 | 12 | 13 | 51 | 12 |
| Expenses | 8 | 8 | 20 | 8 | 8 | 9 | 38 | 8 |
| Operating profit | 4 | 3 | 8 | 4 | 4 | 3 | 13 | 4 |
| Operating margin | 32.5% | 29.4% | 29.7% | 35.4% | 31.4% | 27.6% | 26.1% | 31.6% |
| Other income | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Interest | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 1 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 2 | 2 | 7 | 2 | 2 | 1 | 11 | 2 |
| Tax rate | 0.0% | 0.0% | 47.7% | 0.0% | 0.0% | 0.0% | 269.1% | 0.0% |
| Net profit | 2 | 2 | 4 | 2 | 2 | 1 | -18 | 2 |
| EPS (₹ per share) | 0.09 | 0.09 | 0.15 | 0.07 | 0.09 | 0.06 | -0.76 | 0.07 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 15 | 55 | 62 | 87 |
| Expenses | 14 | 42 | 44 | 63 |
| Operating profit | 1 | 12 | 18 | 25 |
| Other income | 2 | 9 | 1 | 1 |
| Interest | 1 | 2 | 5 | 6 |
| Depreciation | 3 | 2 | 2 | 4 |
| Profit before tax | -0 | 18 | 13 | 16 |
| Net profit | -0 | 62 | 10 | -13 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 44 | 44 | 44 | 48 | 48 | 48 |
| Reserves | 16 | 16 | 78 | 173 | 180 | 160 |
| Borrowings | 1 | 11 | 12 | 48 | 46 | 44 |
| Other liabilities | 2 | 3 | 7 | 11 | 76 | 59 |
| Total liabilities | 63 | 73 | 141 | 280 | 350 | 311 |
| Fixed assets | 44 | 41 | 26 | 47 | 48 | 46 |
| Capital work in progress | 0 | 3 | 0 | 2 | 0 | 1 |
| Investments | 3 | 3 | 0 | 51 | 0 | 51 |
| Other assets | 16 | 26 | 115 | 180 | 302 | 213 |
| Total assets | 63 | 73 | 141 | 280 | 350 | 311 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | -146 | -58 | -6 | -13 | 2 | 4 |
| Cash from investing | 20 | 0 | -3 | 19 | -118 | -3 |
| Cash from financing | 126 | 59 | 10 | -5 | 122 | -7 |
| Net cash flow | 0 | 0 | 0 | 1 | 6 | -6 |
| Free cash flow | -123 | -58 | -9 | 3 | -22 | 2 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 1326 | 15 | 143 | 169 | 302 | 430 |
| Inventory days | 972 | 51 | 7805 | 101 | 227 | 294 |
| Days payable | 324 | 8 | 290 | 42 | 93 | 328 |
| Cash conversion cycle | 1974 | 59 | 7658 | 228 | 436 | 396 |
| Working capital days | -8074 | 137 | 653 | 234 | 175 | 192 |
| Return on capital employed | −36.0% | 9.0% | 1.0% | 12.0% | 9.0% | 9.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Where revenue comes from
The businesses behind the company’s reported revenue.
Electricals & Electronics, Spare Parts Trading contributes 71.9% of reported segment revenue.
Quarter ended 30 Jun 2026 · Consolidated
- Electricals & Electronics, Spare Parts Trading 71.9%
₹31.43 crore
- LED Products 28.1%
₹12.29 crore
- Automobiles 0.0%
₹0.00 crore
- Medical and other appliances 0.0%
₹0.00 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| Electricals & Electronics, Spare Parts Trading | 31.43 | 71.9% |
| LED Products | 12.29 | 28.1% |
| Automobiles | 0.00 | 0.0% |
| Medical and other appliances | 0.00 | 0.0% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
How these numbers add up
- Total segment revenue
- ₹43.72 crore
- Intersegment adjustment
- ₹0.00 crore
- Net segment revenue
- ₹43.72 crore
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
How the mix has moved
LED Products shrank from 41% to 28% of revenue over the last two years.
| Segment | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Electricals & Electronics, Spare Parts Trading | — | — | — | — | — | — | — | 72% | — |
| LED Products | 41% | — | 33% | 97% | 33% | — | 100% | 28% | +8.8% |
| Automobiles | 0% | — | 7% | 0% | 0% | — | 0% | 0% | — |
| Medical and other appliances | <1% | — | 23% | 3% | 0% | — | 0% | 0% | -100.0% |
Share of reported segment revenue by quarter, consolidated basis, as filed. A quarter the company did not report is left blank, never carried forward.
See how segments are shifting across companies → Segment Shift
Ownership
Who owns it
Promoters hold 41.73% as of Sept 2026; institutions added 14.78 pts since Jun 2026.
- Promoters 41.73%
- Foreign institutions 20.36%
- Domestic institutions 0.00%
- Public 37.93%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- FPI fund newly disclosed 8.65% held
- FPI fund newly disclosed 8.10% held
- newly disclosed 3.24% held
The same filing shows 6 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of MIC Electronics Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 36.33% | −8.58 pp | |
| FPI fund | 8.65% | newly disclosed |
| FPI fund | 8.10% | newly disclosed |
| FPI fund | 3.58% | −0.85 pp |
| 3.24% | newly disclosed | |
| 2.63% | −0.62 pp | |
| 1.08% | −0.25 pp | |
| 0.85% | −0.20 pp | |
| 0.84% | −0.20 pp | |
| — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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