MIC Electronics Limited

NSEI:MICEL Stock Report

Market Cap: ₹11.8b

MIC Electronics Past Earnings Performance

Past criteria checks 2/6

MIC Electronics has been growing earnings at an average annual rate of 61.1%, while the Semiconductor industry saw earnings growing at 51.6% annually. Revenues have been growing at an average rate of 46.1% per year. MIC Electronics's return on equity is 4.2%, and it has net margins of 9%.

Key information

61.09%

Earnings growth rate

69.41%

EPS growth rate

Semiconductor Industry Growth22.65%
Revenue growth rate46.15%
Return on equity4.19%
Net Margin9.03%
Last Earnings Update30 Sep 2025

Recent past performance updates

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

May 30
We Believe That MIC Electronics' (NSE:MICEL) Weak Earnings Are A Good Indicator Of Underlying Profitability

Recent updates

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

Sep 06
Why Investors Shouldn't Be Surprised By MIC Electronics Limited's (NSE:MICEL) 30% Share Price Surge

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

Sep 05
We Like These Underlying Return On Capital Trends At MIC Electronics (NSE:MICEL)

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

May 30
We Believe That MIC Electronics' (NSE:MICEL) Weak Earnings Are A Good Indicator Of Underlying Profitability

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

May 15
Capital Allocation Trends At MIC Electronics (NSE:MICEL) Aren't Ideal

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

Mar 28
MIC Electronics (NSE:MICEL) Has A Pretty Healthy Balance Sheet

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

Feb 20
MIC Electronics Limited's (NSE:MICEL) Share Price Is Still Matching Investor Opinion Despite 25% Slump

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

Jan 29
Is Now The Time To Put MIC Electronics (NSE:MICEL) On Your Watchlist?

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

Jun 19
We Believe MIC Electronics' (NSE:MICEL) Earnings Are A Poor Guide For Its Profitability

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

Jan 10
Risks To Shareholder Returns Are Elevated At These Prices For MIC Electronics Limited (NSE:MICEL)

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

Nov 19
MIC Electronics' (NSE:MICEL) Earnings Are Built On Soft Foundations

Revenue & Expenses Breakdown

How MIC Electronics makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:MICEL Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 251,06196940
30 Jun 251,08898870
31 Mar 2594898770
31 Dec 24729558680
30 Sep 24742561580
30 Jun 24583626600
31 Mar 24546618560
31 Dec 23426147480
30 Sep 23370113490
30 Jun 2328827410
31 Mar 232292360
31 Dec 22262-32470
30 Sep 2245849450
30 Jun 2247138370
31 Mar 2244930320
31 Dec 2130662160
30 Sep 2137-31120
30 Jun 2114-5690
31 Mar 2111-5460
31 Dec 2013-238100
30 Sep 2021-239130
30 Jun 2016-232180
31 Mar 2019-240250
31 Dec 1927-244270
30 Sep 1945-232290
30 Jun 1944-253330
31 Mar 1948-275370
31 Dec 18137-2,042560
30 Sep 18486-2,044550
30 Jun 18904-1,990560
31 Mar 181,586-1,914580
31 Dec 172,009-56510
30 Sep 172,331-7530
30 Jun 172,49810530
31 Mar 172,309-349520
31 Dec 162,269-1,185460
30 Sep 162,231-1,197430
30 Jun 162,220-1,141370
31 Mar 162,176-1,109360
31 Dec 151,985312719
30 Sep 151,843251729
30 Jun 151,683124330
31 Mar 151,58618420
31 Dec 141,461-308768

Quality Earnings: MICEL has high quality earnings.

Growing Profit Margin: MICEL's current net profit margins (9%) are lower than last year (75.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MICEL has become profitable over the past 5 years, growing earnings by 61.1% per year.

Accelerating Growth: MICEL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MICEL had negative earnings growth (-82.9%) over the past year, making it difficult to compare to the Semiconductor industry average (126.5%).


Return on Equity

High ROE: MICEL's Return on Equity (4.2%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/12 18:38
End of Day Share Price 2025/11/12 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

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