MIC Electronics Limited
MICEL · 532850 · Industrials · Other Industrial Products
- Market cap
- Rs 891 Cr
- P/E
- No data: the source has not published this figure.
- P/B
- 4.12x
- 52W high / low
- Rs 57.6 / Rs 29.97
Our computed operating_margin (10.29%) diverges from BSE's own published figure (26.83%) by more than 100%. BSE's figure is a different, BSE-computed number (not necessarily TTM, standalone-only) — treat as a cross-check/fallback signal, not proof either figure is wrong. Our computed net_margin (-5.47%) diverges from BSE's own published figure (-36.26%) by more than 100%. BSE's figure is a different, BSE-computed number (not necessarily TTM, standalone-only) — treat as a cross-check/fallback signal, not proof either figure is wrong.
About MIC Electronics
MIC Electronics Limited is listed on the NSE under the symbol MICEL and on the BSE under scrip code 532850. It is classified in the Industrials sector, industry: Other Industrial Products. It is a constituent of BSE Industrials. The company listed on 17 Dec 2021 and has a face value of Rs 2.
The latest available end-of-day price is Rs 36.97 (−1.86% on the day), for a market capitalisation of Rs 891 Cr. Price-to-book is 4.12x. The 52-week range is Rs 29.97 to Rs 57.6. The latest price is 25% of the way from the 52-week low to the 52-week high.
Against the 15-company comparison set from the official BSE basic industry Other Industrial Products, its market capitalisation is 1.1 times the peer median of Rs 811 Cr. The comparison set is chosen mechanically from the exchange classification; it is not a ranking.
Latest annual results
For FY26 (year ended 31 Mar 2026), MIC Electronics Limited reported revenue of Rs 191 Cr and net profit of Rs -12.6 Cr, with a net margin of -6.63% and earnings per share of Rs -0.52 (consolidated statements).
Year-on-year change: revenue +99.66%; net profit −228.50%; EPS −231.05%. Three-year compound annual growth rate: revenue +97.55%; net profit not meaningful (a loss in one of the periods).
At the same date the balance sheet shows total assets of Rs 354 Cr, shareholders' equity of Rs 216 Cr, total debt of Rs 44.2 Cr, cash of Rs 0.3 Cr, a debt-to-equity ratio of 0.20 and operating cash flow of Rs 1.3 Cr.
On a trailing-twelve-month basis the filings add up to revenue of Rs 223 Cr, net income of Rs -12.2 Cr and a net margin of -5.47%.
Shareholding pattern
In the shareholding pattern for 30 Sept 2026, MIC Electronics Limited's ownership is split: promoters 41.73%; foreign institutional investors (FIIs) 20.35%; domestic institutional investors (DIIs) 0.00%; retail and other shareholders 37.92%.
Compared with the filing for 30 Jun 2026: promoter holding −9.84 percentage points; FII holding +14.77 percentage points; DII holding 0.00 percentage points.
The same filing lists reported promoter pledge of 3.70% and 2,13,560 shareholders on record.
Recent filings and corporate actions
71 BSE corporate announcements were filed by MIC Electronics Limited in the past twelve months; the most frequent category is "Company Update" (37). The most recent is "The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 f…" (Insider Trading / SAST), filed on 13 Oct 2026.
Figures are raw disclosures from official NSE/BSE and SEBI filings plus mechanically computed ratios, restated in words. This is research data, not investment advice, a rating or a recommendation; DalalOS is not a SEBI-registered investment advisor.
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Peer comparison
Official BSE basic industry: Other Industrial Products. Limited to companies within a 0.1x–10x market-cap band.
Edit columns
| Esab India Limited | Rs 5,322 | Rs 8,191 Cr | Rs 1,584 Cr | Rs 222 Cr | 36.91x | 56.13% |
| KRN Heat Exchanger and Refrigeration Limited | Rs 1,207.5 | Rs 7,904 Cr | Rs 918 Cr | Rs 115 Cr | 66.64x | 21.45% |
| Harsha Engineers International Limited | Rs 423.9 | Rs 3,859 Cr | Rs 1,752 Cr | Rs 155 Cr | 24.95x | 12.00% |
| Subros Limited | Rs 586.1 | Rs 3,824 Cr | Rs 3,948 Cr | Rs 166 Cr | 22.99x | 14.23% |
| Ador Welding Limited | Rs 1,359.2 | Rs 2,365 Cr | Rs 1,290 Cr | Rs 115 Cr | 20.49x | 16.72% |
| Diffusion Engineers Limited | Rs 405.85 | Rs 1,519 Cr | Rs 450 Cr | Rs 54.8 Cr | 27.67x | 10.01% |
| MIC Electronics LimitedThis company | Rs 36.97 | Rs 891 Cr | Rs 224 Cr | Rs -12.2 Cr | — | -5.55% |
| Technocrats Plasma Systems Ltd | Rs 417.5 | Rs 731 Cr | — | — | — | — |
| Hy-Tech Engineers Limited | Rs 78.47 | Rs 655 Cr | — | — | — | — |
| Mallcom (India) Limited | Rs 888.45 | Rs 554 Cr | Rs 527 Cr | Rs 26.8 Cr | 20.72x | 8.67% |
| Simplex Castings Ltd | Rs 128 | Rs 525 Cr | — | — | 4.54x | — |
| Sealmatic India Ltd | Rs 430 | Rs 467 Cr | — | — | 45.26x | — |
| Quest Flow Controls Ltd | Rs 184.55 | Rs 189 Cr | Rs 66.7 Cr | Rs -21.1 Cr | — | — |
| Expo Engineering And Projects Ltd | Rs 78.7 | Rs 179 Cr | Rs 64.3 Cr | Rs 1.3 Cr | 92.59x | 3.67% |
| Alphalogic Industries Ltd | Rs 131 | Rs 138 Cr | Rs 51.3 Cr | Rs 6.4 Cr | 20.99x | 25.75% |
| Median | Rs 420.7 | Rs 811 Cr | Rs 527 Cr | Rs 54.8 Cr | 26.31x | 13.11% |
Peers are selected mechanically from the official BSE industry hierarchy and current market-cap band. This is a comparison set, not a ranking or recommendation.
Companies related to MIC Electronics
Same official industry (Other Industrial Products)
- Esab India LimitedESABINDIA · Market cap Rs 8,191 Cr
- KRN Heat Exchanger and Refrigeration LimitedKRN · Market cap Rs 7,904 Cr
- Harsha Engineers International LimitedHARSHA · Market cap Rs 3,859 Cr
- Subros LimitedSUBROS · Market cap Rs 3,824 Cr
- Ador Welding LimitedADOR · Market cap Rs 2,365 Cr
- Diffusion Engineers LimitedDIFFNKG · Market cap Rs 1,519 Cr
- Technocrats Plasma Systems LtdINE19QK01022 · Market cap Rs 731 Cr
- Hy-Tech Engineers LimitedHTEL · Market cap Rs 655 Cr
Other Industrials companies of a similar market capitalisation
- RITES LimitedRITES · Market cap Rs 9,363 Cr
- KEC International LimitedKEC · Market cap Rs 9,153 Cr
- TITAGARH RAIL SYSTEMS LIMITEDTITAGARH · Market cap Rs 8,952 Cr
- Jupiter Wagons LimitedJWL · Market cap Rs 8,253 Cr
- Afcons Infrastructure LimitedAFCONS · Market cap Rs 7,784 Cr
- NCC LimitedNCC · Market cap Rs 7,416 Cr
- RHI MAGNESITA INDIA LIMITEDRHIM · Market cap Rs 7,228 Cr
- HEG Advanced Materials LimitedHEGAM · Market cap Rs 4,697 Cr
Companies are grouped mechanically from the exchange classification and listed by market capitalisation. This is a comparison set, not a ranking or recommendation.