MIC Electronics Limited MICEL NSETECH
MIC Electronics Limited designs, develops, manufactures, and sells Light-Emitting Diode (LED) based street lights and video displays worldwide. The company offers outdoor lighting products, such as street, parking, flood, and industrial lights; solar LED lighting; and general LED lighting products. 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, and perimeter displays; and passenger information displays systems; emergency light unit, passenger announcement and passenger information systems, and remote monitoring processing unit. In addition, the company offers electronic and telecommunication equipment, as well as develops telecom software. Its products are used in railway, sports stadium, transportation hubs, and public information displays. The company was incorporated in 1988 and is headquartered in Hyderabad, India.
READ MORE ›Market & Price
Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Compounding revenue at 236.2% over 5 years.
CONS
- Earnings shrank at -2925.6% CAGR over 5 years.
- Trading 44.3% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | MICEL MIC Electronics Limited NSETECH | 43.74 | - | ₹1,054.18 Cr | - | 10.01% | -5.75% | 236.23% | -2,925.64% |
| 2 | TCS Tata Consultancy Services Limited NIFTY50NSEAITECH | 2,258.90 | 16.61 | ₹8.17 L Cr | 5.49% | 54.93% | 48.40% | 5.80% | 5.30% |
| 3 | INFY Infosys Limited NIFTY50NSEAITECH | 1,160.90 | 15.01 | ₹4.70 L Cr | 4.31% | 41.66% | 31.44% | 3.44% | 3.58% |
| 4 | HCLTECH HCL Technologies Limited NIFTY50NSEAITECH | 1,183.80 | 19.31 | ₹3.20 L Cr | 8.11% | 27.21% | 23.36% | 8.65% | 3.87% |
| 5 | WIPRO Wipro Limited NIFTY50NSEAITECH | 204.25 | 16.26 | ₹2.14 L Cr | 8.32% | 18.42% | 15.49% | 4.05% | 2.44% |
| 6 | TECHM Tech Mahindra Limited NIFTY50NSEAITECH | 1,483.90 | 27.40 | ₹1.31 L Cr | 3.44% | 20.60% | 16.61% | 2.16% | -0.14% |
| 7 | LTM LTM Limited NSETECH | 4,061.60 | 24.04 | ₹1.20 L Cr | 1.85% | 25.39% | 21.29% | 8.43% | 4.41% |
| 8 | LGEINDIA LG ELECTRONICS INDIA LTD NIFTY_MIDNSETECH | 1,523.90 | 61.35 | ₹1.03 L Cr | - | 27.64% | 24.72% | 0.98% | - |
| 9 | WAAREEENER WAAREE ENERGIES LIMITED NIFTY_MIDNSETECH | 3,140.80 | 27.70 | ₹90,345.53 Cr | 0.13% | 24.21% | 31.57% | 71.63% | 191.18% |
Quarterly Results
Figures in INR.
| Metric | Dec 2024 | Mar 2025 | Jun 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | 11.75 Cr | 44.85 Cr | 11.61 Cr | 90.23 Cr | 50.79 Cr |
| Cost of Revenue | 4.98 Cr | 30.97 Cr | 3.70 Cr | 78.77 Cr | 27.21 Cr |
| Gross Profit | 6.77 Cr | 13.88 Cr | 7.91 Cr | 11.45 Cr | 23.59 Cr |
| Operating Expenses | 3.72 Cr | 5.95 Cr | 4.71 Cr | 8.43 Cr | 11.15 Cr |
| Operating Income | 3.05 Cr | 7.93 Cr | 3.20 Cr | 3.03 Cr | 12.44 Cr |
| EBITDA | 3.93 Cr | 8.67 Cr | 4.25 Cr | 4.12 Cr | 13.70 Cr |
| Interest Expense | 1.38 Cr | 1.42 Cr | 1.67 Cr | 1.30 Cr | 1.82 Cr |
| Pretax Income | 2.17 Cr | 6.81 Cr | 1.67 Cr | 1.88 Cr | 10.97 Cr |
| Tax Provision | 0 | 3.24 Cr | 0 | 0 | 29.31 Cr |
| Net Income | 2.17 Cr | 3.57 Cr | 1.67 Cr | 1.88 Cr | -18.35 Cr |
| Diluted EPS | 0.09 | 0.14 | 0.07 | 0.08 | -0.76 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | - | 5.01 Cr | 50.03 Cr | 94.76 Cr | 190.52 Cr |
| Cost of Revenue | - | 39.58 L | 29.26 Cr | 58.98 Cr | 137.79 Cr |
| Gross Profit | - | 4.62 Cr | 20.77 Cr | 35.78 Cr | 52.73 Cr |
| Operating Expenses | - | 5.47 Cr | 8.26 Cr | 19.35 Cr | 31.17 Cr |
| Operating Income | - | -85.47 L | 12.52 Cr | 16.44 Cr | 21.57 Cr |
| EBITDA | - | 2.61 Cr | 20.93 Cr | 19.28 Cr | 26.40 Cr |
| Interest Expense | - | 41.62 L | 1.65 Cr | 4.61 Cr | 6.05 Cr |
| Pretax Income | - | 14.56 L | 17.73 Cr | 13.07 Cr | 16.68 Cr |
| Tax Provision | - | 0 | -44.11 Cr | 3.24 Cr | 29.31 Cr |
| Net Income | - | 14.56 L | 61.84 Cr | 9.83 Cr | -12.63 Cr |
| Diluted EPS | 0.13 | 0.01 | 2.79 | 0.40 | - |
Compounded Sales Growth
| 5 Years: | 236.23% |
| 1 Year: | 13.30% |
Compounded Profit Growth
| 5 Years: | -2,925.64% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | -24.36% |
| 6 Months: | -0.16% |
| 3 Months: | +6.84% |
| 1 Month: | -1.73% |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Total Assets | - | 73.29 Cr | 140.76 Cr | 313.99 Cr | 354.15 Cr |
| Current Assets | - | 24.46 Cr | 61.08 Cr | 173.73 Cr | 243.27 Cr |
| Cash & Equivalents | - | 33.32 L | 89.20 L | 6.65 Cr | 28.88 L |
| Inventory | - | 8.34 Cr | 8.01 Cr | 16.14 Cr | 29.11 Cr |
| Receivables | - | 2.31 Cr | 25.32 Cr | 84.11 Cr | 195.89 Cr |
| Total Liabilities | - | 13.17 Cr | 18.80 Cr | 91.40 Cr | 137.39 Cr |
| Current Liabilities | - | 13.02 Cr | 18.41 Cr | 78.26 Cr | 127.05 Cr |
| Long Term Debt | - | 0 | 15.52 L | 12.60 Cr | 9.32 Cr |
| Total Debt | - | 10.56 Cr | 11.65 Cr | 47.91 Cr | 44.19 Cr |
| Total Equity | - | 60.12 Cr | 121.96 Cr | 222.59 Cr | 216.22 Cr |
| Shares Outstanding | - | 22.14 Cr | 22.14 Cr | 24.10 Cr | 24.10 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | -6.47 Cr | -12.87 Cr | -48.67 Cr | 3.27 Cr |
| Investing Cash Flow | - | -3.13 Cr | 18.65 Cr | -67.19 Cr | -3.13 Cr |
| Financing Cash Flow | - | 9.81 Cr | -5.23 Cr | 121.61 Cr | -6.50 Cr |
| Capital Expenditure | -8.28 Cr | -2.75 Cr | - | -24.35 Cr | -2.61 Cr |
| Free Cash Flow | - | -9.22 Cr | -12.87 Cr | -73.02 Cr | 65.78 L |
| Net Change in Cash | - | 21.00 L | 55.88 L | 5.75 Cr | -6.36 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Gross Margin % | - | 92.1% | 41.5% | 37.8% | 27.7% |
| Operating Margin % | - | -17.1% | 25.0% | 17.3% | 11.3% |
| Net Margin % | - | 2.9% | 123.6% | 10.4% | -6.6% |
| ROE % | - | 0.2% | 50.7% | 4.4% | -5.8% |
| ROCE % | - | -1.4% | 10.2% | 7.0% | 9.5% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
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