MIRC Electronics Ltd
MIRCELECTRMIRC Electronics Ltd
MIRCELECTR
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
AvgAverage profitability - not good, not bad
Entry point
AvgThe stock is not in the overbought zone
Red flags
AvgThe stock has a moderate number of red flags
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| -11.18 | 4.16 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 39.71 | 6.90 | 0.71% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
MIRC Electronics Limited (MIRC) is an electronics and consumer durables company. The Company's products include televisions, air conditioners (ACs), washing machines, microwave ovens and mobile phones.
Peers
Compare with peersDixon Technologies (India) Ltd
Voltas Ltd
Blue Star Ltd
Crompton Greaves Consumer Electricals Ltd
Whirlpool of India Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 779.94 | 730.78 | 732.84 | 648.09 | 606.86 | 775.86 | 1,197.50 | 1,112.67 | 974.53 | 975.99 | ||||||||||
Raw Materials | 563.48 | 491.26 | 549.16 | 477.09 | 531.32 | 583.73 | 1,062.38 | 888.16 | 917.07 | 1,001.65 | ||||||||||
| Power & Fuel Cost | 3.50 | 2.68 | 2.91 | 3.18 | 3.44 | 2.85 | 4.59 | 4.88 | 3.55 | |||||||||||
| Employee Cost | 71.04 | 81.44 | 70.27 | 67.74 | 60.77 | 51.09 | 60.68 | 66.04 | 61.92 | |||||||||||
| Selling & Administrative Expenses | 75.80 | 56.53 | 51.42 | 54.96 | 46.60 | 30.56 | 37.54 | 47.57 | 44.43 | |||||||||||
| Operating & Other expenses | 58.90 | 87.10 | 12.03 | 26.45 | -42.39 | 84.11 | 30.53 | 98.54 | -13.27 | |||||||||||
EBITDA | 7.22 | 11.77 | 47.05 | 18.67 | 7.12 | 23.52 | 1.78 | 7.48 | -39.17 | -25.66 | ||||||||||
| Depreciation/Amortization | 11.63 | 10.46 | 9.47 | 8.27 | 6.61 | 6.69 | 7.77 | 9.04 | 7.98 | 7.25 | ||||||||||
| PBIT | -4.41 | 1.31 | 37.58 | 10.40 | 0.51 | 16.83 | -5.99 | -1.56 | -47.15 | -32.91 | ||||||||||
| Interest & Other Items | 28.79 | 20.55 | 14.09 | 14.80 | 11.98 | 14.94 | 14.08 | 10.90 | 15.05 | 14.86 | ||||||||||
| PBT | -33.20 | -19.24 | 23.49 | -4.40 | -11.47 | 1.89 | -20.07 | -12.46 | -62.20 | -47.77 | ||||||||||
| Taxes & Other Items | -6.18 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | ||||||||||
| Net Income | -27.02 | -19.24 | 23.49 | -4.40 | -11.47 | 1.89 | -20.07 | -12.46 | -62.20 | -47.77 | ||||||||||
| EPS | -1.38 | -0.94 | 1.06 | -0.19 | -0.50 | 0.08 | -0.87 | -0.54 | -2.69 | -2.07 | ||||||||||
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Company Updates
Annual report
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PDFAnnual report
PDFPeers & Comparison
Consumer DiscretionaryHome Electronics & Appliances
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| MIRC Electronics Ltd | -8.59 | 4.16 | — |
| Dixon Technologies (India) Ltd | 286.09 | 60.77 | 0.03% |
| Voltas Ltd | 231.95 | 9.98 | 0.31% |
| Blue Star Ltd | 103.21 | 16.39 | 0.34% |
Price Comparison
Compare MIRCELECTR with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
High Pledged Promoter Holding
A significant proportion of promoter holdings is pledged
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
MIRCELECTR has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJun 9, 2011
Dividend/Share
₹1.00
Ex DateEx Date
Jun 9, 2011
Net profit of MIRC Electronics reported to Rs 1.35 crore in the quarter ended September 2024 as against net loss of Rs 6.43 crore during the previous quarter ended September 2023. Sales declined 21.66% to Rs 151.37 crore in the quarter ended September 2024 as against Rs 193.23 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales151.37193.23 -22 OPM %3.74-1.63 - PBDT3.02-4.39 LP PBT1.35-6.43 LP NP1.35-6.43 LP Powered by Capital Market - Live
MIRC Electronics will hold a meeting of the Board of Directors of the Company on 30 October 2024.Powered by Capital Market - Live
MIRC Electronics announced that the Annual General Meeting (AGM) of the company will be held on 26 September 2024.Powered by Capital Market - Live
MIRC Electronics will hold a meeting of the Board of Directors of the Company on 2 September 2024.Powered by Capital Market - Live
Net profit of MIRC Electronics reported to Rs 0.44 crore in the quarter ended June 2024 as against net loss of Rs 6.22 crore during the previous quarter ended June 2023. Sales rose 24.16% to Rs 227.79 crore in the quarter ended June 2024 as against Rs 183.47 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales227.79183.47 24 OPM %2.07-1.76 - PBDT4.48-4.05 LP PBT2.67-6.22 LP NP0.44-6.22 LP Powered by Capital Market - Live
MIRC Electronics will hold a meeting of the Board of Directors of the Company on 13 August 2024.Powered by Capital Market - Live
MIRC Electronics standalone net profit rises 4583.33% in the September 2021 quarter
MIRC Electronics reports standalone net loss of Rs 6.81 crore in the June 2021 quarter
MIRC Electronics reports standalone net profit of Rs 1.49 crore in the March 2021 quarter
Important results today: Coal India, Indian Overseas Bank, JB Chemicals, Gayatri Projects
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 8.5%, vs industry avg of 11.46%
Decreasing Market Share
Over the last 5 years, market share decreased from 1.27% to 1.07%