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MIRCELECTR

MIRC Electronics NSEI:MIRCELECTR Stock Report

Last Price

₹15.65

Market Cap

₹3.6b

7D

-0.9%

1Y

-39.6%

Updated

08 Dec, 2022

Data

Company Financials
MIRCELECTR fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

MIRCELECTR Stock Overview

MIRC Electronics Limited manufactures and markets electronics and consumer durables in India.

MIRC Electronics Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MIRC Electronics
Historical stock prices
Current Share Price₹15.65
52 Week High₹34.90
52 Week Low₹11.20
Beta0.82
1 Month Change-6.57%
3 Month Change-19.54%
1 Year Change-39.57%
3 Year Change125.18%
5 Year Change-67.90%
Change since IPO63.53%

Recent News & Updates

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

Recent updates

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
7D-0.9%-0.6%-0.05%
1Y-39.6%-18.1%5.2%

Return vs Industry: MIRCELECTR underperformed the Indian Consumer Durables industry which returned -18.1% over the past year.

Return vs Market: MIRCELECTR underperformed the Indian Market which returned 5.2% over the past year.

Price Volatility

Is MIRCELECTR's price volatile compared to industry and market?
MIRCELECTR volatility
MIRCELECTR Average Weekly Movement7.1%
Consumer Durables Industry Average Movement5.2%
Market Average Movement5.5%
10% most volatile stocks in IN Market8.9%
10% least volatile stocks in IN Market3.5%

Stable Share Price: MIRCELECTR is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

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

About the Company

FoundedEmployeesCEOWebsite
1981563n/ahttps://www.onida.com

MIRC Electronics Limited manufactures and markets electronics and consumer durables in India. It 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. The company 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₹3.61b
Earnings (TTM)-₹214.71m
Revenue (TTM)₹12.39b

0.3x

P/S Ratio

-16.8x

P/E Ratio

Is MIRCELECTR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
MIRCELECTR income statement (TTM)
Revenue₹12.39b
Cost of Revenue₹10.80b
Gross Profit₹1.59b
Other Expenses₹1.81b
Earnings-₹214.71m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.93
Gross Margin12.86%
Net Profit Margin-1.73%
Debt/Equity Ratio38.5%

How did MIRCELECTR perform over the long term?

See historical performance and comparison