MIRC Electronics Limited

NSEI:MIRCELECTR Stock Report

Market Cap: ₹11.6b

MIRC Electronics Management

Management criteria checks 3/4

MIRC Electronics' CEO is Vijay Mansukhani, appointed in Jan 1981, has a tenure of 45.08 years. total yearly compensation is ₹12.98M, comprised of 92.5% salary and 7.5% bonuses, including company stock and options. directly owns 8.66% of the company’s shares, worth ₹1.00B. The average tenure of the management team and the board of directors is 4.2 years and 4.3 years respectively.

Key information

Vijay Mansukhani

Chief executive officer

₹13.0m

Total compensation

CEO salary percentage92.46%
CEO tenure45.1yrs
CEO ownership8.7%
Management average tenure4.2yrs
Board average tenure4.3yrs

Recent management updates

Recent updates

MIRC Electronics Limited's (NSE:MIRCELECTR) 27% Price Boost Is Out Of Tune With Revenues

Jan 10
MIRC Electronics Limited's (NSE:MIRCELECTR) 27% Price Boost Is Out Of Tune With Revenues

MIRC Electronics Limited (NSE:MIRCELECTR) Shares Fly 43% But Investors Aren't Buying For Growth

Aug 09
MIRC Electronics Limited (NSE:MIRCELECTR) Shares Fly 43% But Investors Aren't Buying For Growth

The Returns At MIRC Electronics (NSE:MIRCELECTR) Aren't Growing

Jun 19
The Returns At MIRC Electronics (NSE:MIRCELECTR) Aren't Growing

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

Apr 27
MIRC Electronics Limited (NSE:MIRCELECTR) Surges 30% Yet Its Low P/S Is No Reason For Excitement

Benign Growth For MIRC Electronics Limited (NSE:MIRCELECTR) Underpins Stock's 28% Plummet

Feb 18
Benign Growth For MIRC Electronics Limited (NSE:MIRCELECTR) Underpins Stock's 28% Plummet

Here's Why MIRC Electronics (NSE:MIRCELECTR) Can Afford Some Debt

Jan 14
Here's Why MIRC Electronics (NSE:MIRCELECTR) Can Afford Some Debt

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?

CEO Compensation Analysis

How has Vijay Mansukhani's remuneration changed compared to MIRC Electronics's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

-₹184m

Jun 30 2025n/an/a

-₹152m

Mar 31 2025₹13m₹12m

-₹23m

Dec 31 2024n/an/a

-₹546m

Sep 30 2024n/an/a

-₹478m

Jun 30 2024n/an/a

-₹555m

Mar 31 2024₹15m₹14m

-₹622m

Dec 31 2023n/an/a

-₹184m

Sep 30 2023n/an/a

-₹225m

Jun 30 2023n/an/a

-₹191m

Mar 31 2023₹12m₹11m

-₹125m

Dec 31 2022n/an/a

-₹267m

Sep 30 2022n/an/a

-₹215m

Jun 30 2022n/an/a

-₹128m

Mar 31 2022₹12m₹11m

-₹201m

Dec 31 2021n/an/a

₹30m

Sep 30 2021n/an/a

₹113m

Jun 30 2021n/an/a

₹58m

Mar 31 2021₹11m₹10m

₹19m

Dec 31 2020n/an/a

-₹63m

Sep 30 2020n/an/a

-₹152m

Jun 30 2020n/an/a

-₹231m

Mar 31 2020₹12m₹11m

-₹115m

Dec 31 2019n/an/a

-₹72m

Sep 30 2019n/an/a

-₹79m

Jun 30 2019n/an/a

-₹40m

Mar 31 2019₹12m₹11m

-₹44m

Compensation vs Market: Vijay's total compensation ($USD143.55K) is above average for companies of similar size in the Indian market ($USD45.90K).

Compensation vs Earnings: Vijay's compensation has been consistent with company performance over the past year.


CEO

Vijay Mansukhani (76 yo)

45.1yrs
Tenure
₹12,979,200
Compensation

Mr. Vijay Jaikrishin Mansukhani founded MIRC Electronics Limited in 1981 and has been its Managing Director since May 8, 2007 and is its Chairman from May 21, 2025. Mr. Mansukhani serves as Managing Direct...


Leadership Team

NamePositionTenureCompensationOwnership
Vijay Mansukhani
Founder45.1yrs₹12.98m8.66%
₹ 1.0b
Kaval Mirchandani
President & Whole Time Directorno data₹8.88m0.0020%
₹ 231.4k
Gulu Mirchandani
Co-Founder45.1yrs₹12.98m18.09%
₹ 2.1b
Shirish Suvagia
CFO & Whole Time Director3.3yrs₹8.87mno data
Prasad Oak
Head of Legal4.2yrs₹3.68mno data
Vivek Saran
President & COOno datano datano data
Deepak Sarawagi
Head of Accounts & Costing3.8yrs₹491.00kno data
4.2yrs
Average Tenure
63yo
Average Age

Experienced Management: MIRCELECTR's management team is considered experienced (4.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Vijay Mansukhani
Founder45.1yrs₹12.98m8.66%
₹ 1.0b
Kaval Mirchandani
President & Whole Time Director9.8yrs₹8.88m0.0020%
₹ 231.4k
Shirish Suvagia
CFO & Whole Time Director2.8yrs₹8.87mno data
Sasha Mirchandani
Non-Executive Non-Independent Directorless than a yearno data0.0020%
₹ 231.4k
Arvind Sharma
Independent & Non-Executive Director9.3yrs₹120.00kno data
Nandini Mansinghka
Independent Woman Director2.3yrs₹260.00kno data
Mohita Arora
Independent & Non-Executive Woman Director5.7yrs₹200.00kno data
Milind Pokle
Independent Director1.4yrs₹110.00k0.00068%
₹ 78.7k
4.3yrs
Average Tenure
58yo
Average Age

Experienced Board: MIRCELECTR's board of directors are considered experienced (4.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/03 12:44
End of Day Share Price 2026/02/03 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

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.

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 Github.

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.