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MIC Electronics LimitedNSEI:MICEL Stock Report

Market Cap ₹13.3b
Share Price
₹55.07
₹28.83
91.0% overvalued intrinsic discount
1Y3.6%
7D27.6%
Portfolio Value
View

MIC Electronics Limited

NSEI:MICEL Stock Report

Market Cap: ₹13.3b

MIC Electronics (MICEL) Stock Overview

Designs, develops, manufactures, and sells Light-Emitting Diode (LED) based street lights and video displays worldwide. More details

MICEL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

MICEL Community Fair Values

Create Narrative

See what 6 others think this stock is worth. Follow their fair value or set your own to get alerts.

MIC Electronics Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for MIC Electronics
Historical stock prices
Current Share Price₹55.07
52 Week High₹82.97
52 Week Low₹29.97
Beta2.02
1 Month Change42.82%
3 Month Change37.37%
1 Year Change3.55%
3 Year Change206.80%
5 Year Change4,305.60%
Change since IPO-18.57%

Recent News & Updates

Analysis Article Jan 24

MIC Electronics Limited's (NSE:MICEL) Popularity With Investors Under Threat As Stock Sinks 26%

To the annoyance of some shareholders, MIC Electronics Limited ( NSE:MICEL ) shares are down a considerable 26% in the...

Recent updates

Analysis Article Jan 24

MIC Electronics Limited's (NSE:MICEL) Popularity With Investors Under Threat As Stock Sinks 26%

To the annoyance of some shareholders, MIC Electronics Limited ( NSE:MICEL ) shares are down a considerable 26% in the...
Analysis Article Jan 21

We Like These Underlying Return On Capital Trends At MIC Electronics (NSE:MICEL)

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
Analysis Article Sep 06

Why Investors Shouldn't Be Surprised By MIC Electronics Limited's (NSE:MICEL) 30% Share Price Surge

MIC Electronics Limited ( NSE:MICEL ) shareholders are no doubt pleased to see that the share price has bounced 30% in...
Analysis Article Sep 05

We Like These Underlying Return On Capital Trends At MIC Electronics (NSE:MICEL)

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
Analysis Article May 30

We Believe That MIC Electronics' (NSE:MICEL) Weak Earnings Are A Good Indicator Of Underlying Profitability

Shareholders didn't appear too concerned by MIC Electronics Limited's ( NSE:MICEL ) weak earnings. We did some digging...
Analysis Article May 15

Capital Allocation Trends At MIC Electronics (NSE:MICEL) Aren't Ideal

What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
Analysis Article Mar 28

MIC Electronics (NSE:MICEL) Has A Pretty Healthy Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Feb 20

MIC Electronics Limited's (NSE:MICEL) Share Price Is Still Matching Investor Opinion Despite 25% Slump

MIC Electronics Limited ( NSE:MICEL ) shareholders that were waiting for something to happen have been dealt a blow...
Analysis Article Jan 29

Is Now The Time To Put MIC Electronics (NSE:MICEL) On Your Watchlist?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Jun 19

We Believe MIC Electronics' (NSE:MICEL) Earnings Are A Poor Guide For Its Profitability

MIC Electronics Limited's ( NSE:MICEL ) stock rose after it released a robust earnings report. While the headline...
Analysis Article Jan 10

Risks To Shareholder Returns Are Elevated At These Prices For MIC Electronics Limited (NSE:MICEL)

With a price-to-earnings (or "P/E") ratio of 73.9x MIC Electronics Limited ( NSE:MICEL ) may be sending very bearish...
Analysis Article Nov 19

MIC Electronics' (NSE:MICEL) Earnings Are Built On Soft Foundations

MIC Electronics Limited's ( NSE:MICEL ) solid earnings report last week was underwhelming to investors. We think that...

Shareholder Returns

MICELIN SemiconductorIN Market
7D27.6%2.1%2.1%
1Y3.6%21.9%8.1%

Return vs Industry: MICEL underperformed the Indian Semiconductor industry which returned 21.9% over the past year.

Return vs Market: MICEL underperformed the Indian Market which returned 8.1% over the past year.

Price Volatility

Is MICEL's price volatile compared to industry and market?
MICEL volatility
MICEL Average Weekly Movement8.7%
Semiconductor Industry Average Movement8.2%
Market Average Movement7.1%
10% most volatile stocks in IN Market10.2%
10% least volatile stocks in IN Market4.7%

Stable Share Price: MICEL's share price has been volatile over the past 3 months compared to the Indian market.

Volatility Over Time: MICEL's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
198881Rakshit Mathurwww.mic.co.in

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.

MIC Electronics Limited Fundamentals Summary

How do MIC Electronics's earnings and revenue compare to its market cap?
MICEL fundamental statistics
Market cap₹13.27b
Earnings (TTM)-₹126.34m
Revenue (TTM)₹1.91b
7.0x
P/S Ratio
-105.1x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MICEL income statement (TTM)
Revenue₹1.91b
Cost of Revenue₹1.38b
Gross Profit₹527.32m
Other Expenses₹653.65m
Earnings-₹126.34m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.52
Gross Margin27.68%
Net Profit Margin-6.63%
Debt/Equity Ratio21.7%

How did MICEL perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/09 15:03
End of Day Share Price 2026/05/08 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

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

MIC Electronics Limited is covered by 1 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
Nath BalakrishnanAvendus Spark