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MIRC Electronics share price

Mirc Electronics Ltd.

NSE: MIRCELECTR BSE: 500279 SECTOR: Consumer Durables - Electronics  55k   98   10

19.01
-0.80 (-4.04%)
BSE: Today, 04:00 PM

Price Summary

Today's High

₹ 19.81

Today's Low

₹ 19

52 Week High

₹ 33

52 Week Low

₹ 15.8

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationAttractive
The stock is considerably attractive based on intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

439.04 Cr.

Enterprise Value

507.8 Cr.

No. of Shares

23.1 Cr.

P/E

0

P/B

3.36

Face Value

₹ 1

Div. Yield

0 %

Book Value (TTM)

₹  5.65

CASH

10.6 Cr.

DEBT

79.36 Cr.

Promoter Holding

53.36 %

EPS (TTM)

₹  -2.07

Sales Growth

-6.87%

ROE

-6.33 %

ROCE

-0.58%

Profit Growth

37.88 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Brands

These are the brands of Mirc Electronics Ltd.

Onida

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year-6.87%
3 Year22.48%
5 Year8.8%

Profit Growth

1 Year37.88%
3 Year-2.99%
5 Year-188.1%

ROE%

1 Year-6.33%
3 Year-4.96%
5 Year-4.43%

ROCE %

1 Year-0.58%
3 Year0.96%
5 Year1.31%

Debt/Equity

0.4158

Price to Cash Flow

-50.1

Interest Cover Ratio

-0.144211444041665

CFO/PAT (5 Yr. Avg.)

0

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 53.36 34.51
Jun 2024 53.36 34.51
Mar 2024 53.36 34.51
Dec 2023 53.36 34.51
Sep 2023 53.36 34.51
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 22.475336220596% for the Past 3 years.
  • The company has an efficient Cash Conversion Cycle of 43.7684249795095 days.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 35.5967995325118.

 Limitations

  • The company has shown a poor profit growth of -2.98945462346639% for the Past 3 years.
  • Company has a poor ROE of -4.9627273614296% over the past 3 years.
  • Company has a poor ROCE of 0.957766434965375% over the past 3 years
  • Company has low Interest coverage ratio of -0.144211444041665.
  • Company has negative cash flow from operations of -8.7631.
  • Tax rate is low at 0.
  • The company has a low EBITDA margin of 1.13450143055169% over the past 5 years.
  • Promoter pledging is high as 34.51%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 193.23 294.51 296.83 227.79 151.37
Total Expenditure 196.38 287.8 342.83 223.08 145.71
Operating Profit -3.15 6.71 -46 4.71 5.66
Other Income 2.81 0.51 0.68 3.06 1.24
Interest 4.05 3.76 3.93 3.29 3.88
Depreciation 2.04 1.91 1.86 1.81 1.67
Exceptional Items 0 0 0 -2.23 0
Profit Before Tax -6.43 1.55 -51.11 0.44 1.35
Tax 0 0 0 0 0
Profit After Tax -6.43 1.55 -51.11 0.44 1.35
Adjusted EPS (Rs) -0.28 0.07 -2.21 0.02 0.06

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 644.46 604.31 765.84 1192.17 1110.23
Total Expenditure 627.85 599.74 752.35 1188.88 1106.89
Operating Profit 16.6 4.57 13.5 3.3 3.34
Other Income 3.67 2.55 2.19 15.6 4.13
Interest 14.8 11.98 14.94 14.08 10.9
Depreciation 8.27 6.61 6.69 7.77 9.04
Exceptional Items -1.6 0 7.84 -17.12 0
Profit Before Tax -4.4 -11.47 1.89 -20.07 -12.47
Tax 0 0 0 0 0
Net Profit -4.4 -11.47 1.89 -20.07 -12.47
Adjusted EPS (Rs.) -0.19 -0.5 0.08 -0.87 -0.54

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 23.11 23.11 23.11 23.11 23.11
Total Reserves 210.45 198.8 200.39 180.13 167.73
Borrowings 17.57 13.18 8.4 14.63 11.66
Other N/C liabilities 5.89 5.55 11.17 8.97 9.47
Current liabilities 255.81 336.81 423.07 478.34 318.1
Total Liabilities 512.83 577.46 666.14 705.19 530.08
Assets
Net Block 101.35 95.55 86.54 92.13 86.93
Capital WIP 0 0.3 5.23 0.41 0.46
Intangible WIP 0 0 0 0 0
Investments 3.89 4.33 1.04 1.36 1.43
Loans & Advances 44.47 47.82 29.92 39.36 53.78
Other N/C Assets 1.57 0.47 0.88 0.17 0.24
Current Assets 361.54 429 542.54 571.76 387.25
Total Assets 512.83 577.46 666.14 705.19 530.08
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations -4.4 -11.47 1.89 -20.07 -12.47
Adjustment 17.29 20.29 14.55 39.63 17.79
Changes in Assets & Liabilities -27.89 -13 -0.52 5.98 -13.8
Tax Paid -0.14 -0.03 -0.62 -1.05 -0.29
Operating Cash Flow -15.14 -4.21 15.3 24.48 -8.76
Investing Cash Flow 1.88 0 -0.88 11.46 13.15
Financing Cash Flow 2.43 -2.02 -7.19 -30.3 -0.52
Net Cash Flow -10.83 -6.23 7.24 5.64 3.87

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 53.36 53.36 53.36 53.36 53.36
adino electronics ltd 0.21 0.21 0.21 0.21 0.21
g l mirchandani 20.39 20.39 0.04 0.04 0.04
gita gulu mirchandani 3.41 3.41 0.53 0.53 0.53
glm family trust (gulu la... - - 23.24 23.24 23.24
gulita securities ltd 11.79 11.79 11.79 11.79 11.79
iifl investment adviser &... 6.14 6.14 6.14 6.14 6.14
marissa vijay mansukhani - - 11.25 11.25 11.25
vijay mansukhani 11.40 11.40 0.15 0.15 0.15
kaval g mirchandani 0.02 0.02 - - -
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 46.64 46.64 46.64 46.64 46.64
investor education and pr... 0.78 0.78 0.77 - 0.77
llp 0.10 0.12 0.12 0.08 0.17
vikram pratapbhai kotak 1.15 1.19 1.17 1.17 1.17
adonis electronics pvt lt... 1.48 1.48 1.44 1.44 -
investor education and pr... - - - 0.77 -

Ratings & Research Reports

Company Presentations

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Company News

MIRC Electronics - Quaterly Results 30 Oct, 6:32 PM MIRC Electronics - Quaterly Results 30 Oct, 6:32 PM MIRC Electronics informs about newspaper publications 3 Sep, 5:02 PM MIRC Electronics - Quaterly Results 13 Aug, 6:22 PM MIRC Electronics - Quaterly Results 13 Aug, 6:22 PM MIRC Electronics - Quaterly Results 14 May, 6:39 PM MIRC Electronics - Quaterly Results 14 May, 6:39 PM MIRC Electronics informs about disclosures 18 Mar, 4:33 PM MIRC Electronics informs about disclosure 18 Mar, 1:52 PM MIRC Electronics informs about disclosure 18 Mar, 1:50 PM MIRC Electronics informs about disclosure 7 Mar, 12:34 PM MIRC Electronics - Quaterly Results 8 Feb, 7:01 PM MIRC Electronics - Quaterly Results 8 Feb, 7:01 PM MIRC Electronics - Quaterly Results 2 Nov, 6:29 PM MIRC Electronics - Quaterly Results 2 Nov, 6:29 PM MIRC Electronics - Quaterly Results 10 Aug, 3:09 PM MIRC Electronics - Quaterly Results 10 Aug, 3:09 PM MIRC Electronics - Quaterly Results 10 Aug, 3:09 PM MIRC Electronics informs about board meeting 29 Jul, 3:17 PM MIRC Electronics - Quaterly Results 9 Feb, 5:03 PM MIRC Electronics - Quaterly Results 9 Feb, 5:03 PM MIRC Electronics - Quaterly Results 9 Feb, 5:03 PM MIRC Electronics - Quaterly Results 5 Aug, 3:55 PM MIRC Electronics - Quaterly Results 5 Aug, 3:55 PM MIRC Electronics - Quaterly Results 5 Aug, 3:55 PM MIRC Electronics - Quaterly Results 25 May, 4:59 PM MIRC Electronics - Quaterly Results 25 May, 4:59 PM MIRC Electronics - Quaterly Results 10 Feb, 4:45 PM MIRC Electronics - Quaterly Results 10 Feb, 4:45 PM MIRC Electronics informs about closure of trading window 31 Dec, 12:26 PM Mirc Electronics informs about resignation of CFO 4 Jun, 2:43 PM MIRC Electronics informs about board meeting 20 May, 3:35 PM Mirc Electronics submits certificate 22 Oct, 3:31 PM

MIRC Electronics Stock Price Analysis and Quick Research Report. Is MIRC Electronics an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

MIRC Electronics stock price today is Rs 19.15. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse MIRC Electronics . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). MIRC Electronics has a PE ratio of -9.25836395281377 which is low and comparatively undervalued .

  • Share Price: - The current share price of MIRC Electronics is Rs 19.15. One can use valuation calculators of ticker to know if MIRC Electronics share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. MIRC Electronics has ROA of -2.01864885120829 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. MIRC Electronics has a Current ratio of 1.21737309861293 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. MIRC Electronics has a ROE of -6.3279436936394 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. MIRC Electronics has a Debt to Equity ratio of 0.4158 which means that the company has low proportion of debt in its capital.

  • Sales growth: - MIRC Electronics has reported revenue growth of -6.87375647138164 % which is poor in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of MIRC Electronics for the current financial year is 0.300686797721173 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for MIRC Electronics is Rs 0 and the yield is 0 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of MIRC Electronics is Rs -2.0684 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of MIRC Electronics in Ticker for free. Also, one can get the intrinsic value of MIRC Electronics by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about MIRC Electronics
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