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MIRC Electronics NSEI:MIRCELECTR Stock Report

Last Price

₹22.45

Market Cap

₹5.2b

7D

-5.5%

1Y

62.7%

Updated

19 May, 2024

Data

Company Financials

MIRC Electronics Limited

NSEI:MIRCELECTR Stock Report

Market Cap: ₹5.2b

MIRCELECTR Stock Overview

Manufactures and markets electronics and consumer durables in India.

MIRCELECTR fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

MIRC Electronics Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MIRC Electronics
Historical stock prices
Current Share Price₹22.45
52 Week High₹30.45
52 Week Low₹11.45
Beta0.88
1 Month Change9.78%
3 Month Change-21.91%
1 Year Change62.68%
3 Year Change26.84%
5 Year Change16.62%
Change since IPO134.59%

Recent News & Updates

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

Recent updates

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?

Shareholder Returns

MIRCELECTRIN Consumer DurablesIN Market
7D-5.5%6.9%3.8%
1Y62.7%39.7%45.5%

Return vs Industry: MIRCELECTR exceeded the Indian Consumer Durables industry which returned 38.8% over the past year.

Return vs Market: MIRCELECTR exceeded the Indian Market which returned 44.8% over the past year.

Price Volatility

Is MIRCELECTR's price volatile compared to industry and market?
MIRCELECTR volatility
MIRCELECTR Average Weekly Movement8.9%
Consumer Durables Industry Average Movement5.9%
Market Average Movement6.4%
10% most volatile stocks in IN Market9.5%
10% least volatile stocks in IN Market4.1%

Stable Share Price: MIRCELECTR's share price has been volatile over the past 3 months.

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

About the Company

FoundedEmployeesCEOWebsite
1981536n/awww.onida.com

MIRC Electronics Limited manufactures and markets electronics and consumer durables in India. The company offers LED and LCD televisions, air conditioners, washing machines, microwave ovens, DVD home theatre systems, mobile phones, projector systems, LED lights, refrigerators, healthcare, air cooler, dishwashers, and LED lights under the Onida and IGO brands. It also exports its products.

MIRC Electronics Limited Fundamentals Summary

How do MIRC Electronics's earnings and revenue compare to its market cap?
MIRCELECTR fundamental statistics
Market cap₹5.18b
Earnings (TTM)-₹622.10m
Revenue (TTM)₹9.75b

0.5x

P/S Ratio

-8.3x

P/E Ratio

Is MIRCELECTR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MIRCELECTR income statement (TTM)
Revenue₹9.75b
Cost of Revenue₹8.85b
Gross Profit₹899.40m
Other Expenses₹1.52b
Earnings-₹622.10m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-2.69
Gross Margin9.23%
Net Profit Margin-6.38%
Debt/Equity Ratio80.0%

How did MIRCELECTR perform over the long term?

See historical performance and comparison
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