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MIRC Electronics NSEI:MIRCELECTR Stock Report

Last Price

₹24.97

Market Cap

₹6.1b

7D

7.4%

1Y

52.3%

Updated

02 Jan, 2025

Data

Company Financials

MIRC Electronics Limited

NSEI:MIRCELECTR Stock Report

Market Cap: ₹6.1b

MIRCELECTR Stock Overview

Manufactures, trades in, and markets electronics and consumer durables in India. More details

MIRCELECTR fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

MIRC Electronics Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for MIRC Electronics
Historical stock prices
Current Share Price₹24.97
52 Week High₹32.99
52 Week Low₹15.85
Beta1.08
1 Month Change21.80%
3 Month Change8.66%
1 Year Change52.26%
3 Year Change-21.48%
5 Year Change210.19%
Change since IPO160.92%

Recent News & Updates

Benign Growth For MIRC Electronics Limited (NSE:MIRCELECTR) Underpins Its Share Price

Dec 10
Benign Growth For MIRC Electronics Limited (NSE:MIRCELECTR) Underpins Its Share Price

Recent updates

Benign Growth For MIRC Electronics Limited (NSE:MIRCELECTR) Underpins Its Share Price

Dec 10
Benign Growth For MIRC Electronics Limited (NSE:MIRCELECTR) Underpins Its Share Price

MIRC Electronics Limited (NSE:MIRCELECTR) Surges 30% Yet Its Low P/S Is No Reason For Excitement

Aug 21
MIRC Electronics Limited (NSE:MIRCELECTR) Surges 30% Yet Its Low P/S Is No Reason For Excitement

MIRC Electronics (NSE:MIRCELECTR) Is Making Moderate Use Of Debt

Jun 12
MIRC Electronics (NSE:MIRCELECTR) Is Making Moderate Use Of Debt

MIRC Electronics Limited (NSE:MIRCELECTR) Held Back By Insufficient Growth Even After Shares Climb 33%

Apr 30
MIRC Electronics Limited (NSE:MIRCELECTR) Held Back By Insufficient Growth Even After Shares Climb 33%

Why Investors Shouldn't Be Surprised By MIRC Electronics Limited's (NSE:MIRCELECTR) 29% Share Price Plunge

Mar 16
Why Investors Shouldn't Be Surprised By MIRC Electronics Limited's (NSE:MIRCELECTR) 29% Share Price Plunge

MIRC Electronics Limited (NSE:MIRCELECTR) Shares Fly 32% But Investors Aren't Buying For Growth

Jan 30
MIRC Electronics Limited (NSE:MIRCELECTR) Shares Fly 32% But Investors Aren't Buying For Growth

MIRC Electronics (NSE:MIRCELECTR) Is Making Moderate Use Of Debt

Dec 08
MIRC Electronics (NSE:MIRCELECTR) Is Making Moderate Use Of Debt

MIRC Electronics (NSE:MIRCELECTR) Is Making Moderate Use Of Debt

Jul 05
MIRC Electronics (NSE:MIRCELECTR) Is Making Moderate Use Of Debt

These Return Metrics Don't Make MIRC Electronics (NSE:MIRCELECTR) Look Too Strong

Mar 30
These Return Metrics Don't Make MIRC Electronics (NSE:MIRCELECTR) Look Too Strong

A Look At The Intrinsic Value Of MIRC Electronics Limited (NSE:MIRCELECTR)

Jan 26
A Look At The Intrinsic Value Of MIRC Electronics Limited (NSE:MIRCELECTR)

Is MIRC Electronics (NSE:MIRCELECTR) A Risky Investment?

Dec 16
Is MIRC Electronics (NSE:MIRCELECTR) A Risky Investment?

MIRC Electronics (NSE:MIRCELECTR) Will Be Hoping To Turn Its Returns On Capital Around

Oct 29
MIRC Electronics (NSE:MIRCELECTR) Will Be Hoping To Turn Its Returns On Capital Around

MIRC Electronics' (NSE:MIRCELECTR) Returns On Capital Not Reflecting Well On The Business

Jul 21
MIRC Electronics' (NSE:MIRCELECTR) Returns On Capital Not Reflecting Well On The Business

MIRC Electronics (NSE:MIRCELECTR) Has A Somewhat Strained Balance Sheet

May 29
MIRC Electronics (NSE:MIRCELECTR) Has A Somewhat Strained Balance Sheet

MIRC Electronics (NSE:MIRCELECTR) Takes On Some Risk With Its Use Of Debt

Feb 12
MIRC Electronics (NSE:MIRCELECTR) Takes On Some Risk With Its Use Of Debt

MIRC Electronics' (NSE:MIRCELECTR) Solid Profits Have Weak Fundamentals

Nov 17
MIRC Electronics' (NSE:MIRCELECTR) Solid Profits Have Weak Fundamentals

We Like These Underlying Return On Capital Trends At MIRC Electronics (NSE:MIRCELECTR)

Oct 20
We Like These Underlying Return On Capital Trends At MIRC Electronics (NSE:MIRCELECTR)

Is MIRC Electronics (NSE:MIRCELECTR) A Risky Investment?

Jul 01
Is MIRC Electronics (NSE:MIRCELECTR) A Risky Investment?

Key Things To Understand About MIRC Electronics' (NSE:MIRCELECTR) CEO Pay Cheque

Feb 14
Key Things To Understand About MIRC Electronics' (NSE:MIRCELECTR) CEO Pay Cheque

Is MIRC Electronics (NSE:MIRCELECTR) Using Too Much Debt?

Dec 26
Is MIRC Electronics (NSE:MIRCELECTR) Using Too Much Debt?

MIRC Electronics Limited (NSE:MIRCELECTR) Insiders Increased Their Holdings

Nov 21
MIRC Electronics Limited (NSE:MIRCELECTR) Insiders Increased Their Holdings

What We Learned About MIRC Electronics' (NSE:MIRCELECTR) CEO Pay

Sep 29
What We Learned About MIRC Electronics' (NSE:MIRCELECTR) CEO Pay

Health Check: How Prudently Does MIRC Electronics (NSE:MIRCELECTR) Use Debt?

Aug 24
Health Check: How Prudently Does MIRC Electronics (NSE:MIRCELECTR) Use Debt?

Shareholder Returns

MIRCELECTRIN Consumer DurablesIN Market
7D7.4%0.4%0.5%
1Y52.3%53.6%17.4%

Return vs Industry: MIRCELECTR underperformed the Indian Consumer Durables industry which returned 53.6% over the past year.

Return vs Market: MIRCELECTR exceeded the Indian Market which returned 17.4% over the past year.

Price Volatility

Is MIRCELECTR's price volatile compared to industry and market?
MIRCELECTR volatility
MIRCELECTR Average Weekly Movement7.2%
Consumer Durables Industry Average Movement6.3%
Market Average Movement6.2%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market4.1%

Stable Share Price: MIRCELECTR has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: MIRCELECTR's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1981484n/awww.onida.com

MIRC Electronics Limited manufactures, trades in, and markets electronics and consumer durables in India. The company offers LED and LCD televisions, air conditioners, washing machines, microwave ovens, DVD home theatre systems, mobile phones, projector systems, LED lights, refrigerators, healthcare, air cooler, dishwashers, and LED lights under the Onida and IGO brands. It also exports its products.

MIRC Electronics Limited Fundamentals Summary

How do MIRC Electronics's earnings and revenue compare to its market cap?
MIRCELECTR fundamental statistics
Market cap₹6.09b
Earnings (TTM)-₹477.68m
Revenue (TTM)₹9.70b

0.6x

P/S Ratio

-12.1x

P/E Ratio

Is MIRCELECTR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MIRCELECTR income statement (TTM)
Revenue₹9.70b
Cost of Revenue₹8.72b
Gross Profit₹985.20m
Other Expenses₹1.46b
Earnings-₹477.68m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-2.07
Gross Margin10.15%
Net Profit Margin-4.92%
Debt/Equity Ratio86.8%

How did MIRCELECTR perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 14:09
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

MIRC Electronics Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution