MIC ELECTRONICS LTD (MICEL) financials

MIC ELECTRONICS LTD (MICEL) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated in 1988, MIC Electronics Ltd is in the business of LED Products, Medical & other appliances, and Automobiles (EVs)[1]

Market Cap: ₹1,028Cr.
Current Price: ₹34.5
ROE: -6.10%
ROCE: 8.64%
Book Value: ₹8.65
Dividend Yield: 0.00%
52W High / Low: ₹58.7/30.0

In Jun 2026, MIC ELECTRONICS LTD (MICEL) reported sales ₹12.29 Cr and net profit ₹1.75 Cr.

Annual TTM: sales ₹88 Cr, net profit ₹-13 Cr.

Shareholding: Promoters 41.73% (Sep 2026), FIIs 20.36% (Sep 2026), Public 37.93% (Sep 2026), No. of Shareholders 2,13,560% (Sep 2026).

MICEL quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	11.20	11.75	28.07	11.61	12.24	12.63	50.79	12.29
Expenses	7.56	8.30	19.73	7.50	8.39	9.15	37.51	8.40
Operating Profit	3.64	3.45	8.34	4.11	3.85	3.48	13.28	3.89
OPM %	32.50%	29.36%	29.71%	35.40%	31.45%	27.55%	26.15%	31.65%
Other Income	0.21	0.49	0.31	0.14	0.53	0.15	0.35	0.22
Interest	1.35	1.38	1.42	1.67	1.26	1.29	1.82	1.39
Depreciation	0.39	0.39	0.44	0.91	0.91	0.91	0.92	0.96
Profit before tax	2.11	2.17	6.79	1.67	2.21	1.43	10.89	1.76
Tax %	0.00%	0.00%	47.72%	0.00%	0.00%	0.00%	269.15%	0.00%
Net Profit	2.11	2.17	3.55	1.67	2.22	1.43	-18.42	1.75
EPS in Rs	0.09	0.09	0.15	0.07	0.09	0.06	-0.76	0.07
Raw PDF	—	—	—	—	—	—	—	—

MICEL profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	2	1	31	6	55	62	87	88
Expenses	19	3	25	5	42	43	62	63
Operating Profit	-17	-2	6	1	12	18	25	24
OPM %	-919%	-150%	18%	13%	23%	30%	29%	28%
Other Income	1	3	1	2	9	1	1	1
Interest	0	0	1	1	2	5	6	6
Depreciation	8	7	3	2	2	2	4	4
Profit before tax	-24	-5	3	0	18	13	16	16
Tax %	0%	0%	0%	0%	-249%	25%	181%	—
Net Profit	-24	-5	3	0	62	10	-13	-13
EPS in Rs	-1.09	-0.25	0.13	0.01	2.79	0.41	-0.54	-0.54
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	—

MICEL balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	44	44	44	44	44	44	48	48
Reserves	-155	-179	-46	16	16	78	173	160
Borrowings	117	135	33	1	11	12	48	44
Other Liabilities	164	153	26	2	3	7	11	59
Total Liabilities	170	152	57	63	73	141	280	311
Fixed Assets	82	75	46	44	41	26	47	46
CWIP	2	2	0	0	3	0	2	1
Investments	0	0	0	3	3	0	51	51
Other Assets	86	76	10	16	26	115	180	213
Total Assets	170	152	57	63	73	141	280	311

MICEL cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	-0	0	-146	-58	-6	-13	2	4
Cash from Investing Activity	0	-0	20	-0	-3	19	-118	-3
Cash from Financing Activity	-0	0	126	59	10	-5	122	-7
Net Cash Flow	0	-0	0	0	0	1	6	-6
Free Cash Flow	-0	0	-123	-58	-9	3	-22	2
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	0%	-0%	8,875%	-1,027%	-819%	-103%	13%	15%

MICEL shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	66.46%	66.48%	62.06%	58.01%	55.52%	51.70%	51.58%	41.73%
FIIs	4.15%	3.80%	3.13%	0.16%	0.16%	1.83%	5.58%	20.36%
Public	29.38%	29.72%	34.81%	41.82%	44.32%	46.46%	42.84%	37.93%
No. of Shareholders	1,80,238	1,85,677	1,89,600	2,40,201	2,33,068	2,25,366	2,19,167	2,13,560

MICEL key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	1,466	1,866	1,326	15	143	169	302	430
Inventory Days	7,084	37,663	972	51	7,805	101	227	294
Days Payable	8,212	45,108	324	8	290	42	93	328
Cash Conversion Cycle	338	-5,578	1,974	59	7,658	228	436	396
Working Capital Days	-15,591	-43,200	-8,074	137	653	234	175	192
ROCE %	-137%	-935%	-36%	9%	1%	12%	9%	9%

MICELUpdated 18 Oct 2026, 5:41

Mic Electronics Ltd

MICELUpdated 18 Oct 2026, 5:41

Market Cap

₹1,028Cr.

Current Price

₹34.5

High / Low

₹58.7/30.0

ROE-6.10%

ROCE8.64%

Book Value₹8.65

Face Value₹2.00

Dividend Yield0.00%

About

Incorporated in 1988, MIC Electronics Ltd is in the business of LED Products, Medical & other appliances, and Automobiles (EVs)[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	7.02	0.42	5.07	0.17	0.46	1.24	0	1.24	0.06
Sep 2023	7.1	0.44	4.76	6.76	0.35	8.31	0	8.3	0.37
Dec 2023	17.49	0.35	14.9	0.82	0.35	2.71	0	2.71	0.12
Mar 2024	22.96	0.42	17.55	0.86	0.37	5.48	-804.93	49.59	2.24
Jun 2024	10.71	0.46	8.12	0.22	0.39	1.96	0	1.97	0.08
Sep 2024	11.2	1.35	7.56	0.21	0.39	2.11	0	2.11	0.09
Dec 2024	11.75	1.38	8.3	0.49	0.39	2.17	0	2.17	0.09
Mar 2025	28.07	1.42	19.73	0.31	0.44	6.79	47.72	3.55	0.15
Jun 2025	11.61	1.67	7.5	0.14	0.91	1.67	0	1.67	0.07
Sep 2025	12.24	1.26	8.39	0.53	0.91	2.21	0	2.22	0.09
Dec 2025	12.63	1.29	9.15	0.15	0.91	1.43	0	1.43	0.06
Mar 2026	50.79	1.82	37.51	0.35	0.92	10.89	269.15	-18.42	-0.76
Jun 2026	12.29	1.39	8.4	0.22	0.96	1.76	0	1.75	0.07

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	150	7	139	3	8	0	-424	2	0.18
Mar 2016	207	0	163	-193	8	-157	-29	-111	-6.67
Mar 2017	218	29	216	2	8	-32	9	-35	-1.58
Mar 2018	159	24	163	-95	8	-131	46	-191	-8.69
Mar 2019	5	0	25	0	8	-27	0	-27	-1.25
Mar 2020	2	0	19	1	8	-24	0	-24	-1.09
Mar 2021	1	0	3	3	7	-5	0	-5	-0.25
Mar 2022	31	1	25	1	3	3	0	3	0.13
Mar 2023	6	1	5	2	2	0	0	0	0.01
Mar 2024	55	2	42	9	2	18	-249	62	2.79
Mar 2025	62	5	43	1	2	13	25	10	0.41
Mar 2026	87	6	62	1	4	16	181	-13	-0.54
TTM	88	6	63	1	4	16	—	-13	-0.54

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	41.73%
FIIs	20.36%
Public	37.93%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Dec 2023	74.63%	0%	—	25.37%
Mar 2024	74.59%	0%	—	25.41%
Jun 2024	67.51%	8.38%	—	24.11%
Sep 2024	66.46%	4.77%	—	28.76%
Dec 2024	66.46%	4.15%	—	29.38%
Mar 2025	66.48%	3.8%	—	29.72%
Jun 2025	62.06%	3.13%	—	34.81%
Sep 2025	58.01%	0.16%	—	41.82%
Dec 2025	55.52%	0.16%	—	44.32%
Mar 2026	51.7%	1.83%	—	46.46%
Jun 2026	51.58%	5.58%	—	42.84%
Sep 2026	41.73%	20.36%	—	37.93%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	24	288	161	122	595	128	17	2	448	595
Mar 2016	33	199	157	97	486	120	17	2	346	486
Mar 2017	44	63	104	124	334	93	7	0	235	334
Mar 2018	44	-128	117	160	193	90	2	0	101	193
Mar 2019	44	-155	117	164	170	82	2	0	86	170
Mar 2020	44	-179	135	153	152	75	2	0	76	152
Mar 2021	44	-46	33	26	57	46	0	0	10	57
Mar 2022	44	16	1	2	63	44	0	3	16	63
Mar 2023	44	16	11	3	73	41	3	3	26	73
Mar 2024	44	78	12	7	141	26	0	0	115	141
Mar 2025	48	173	48	11	280	47	2	51	180	280
Mar 2026	48	160	44	59	311	46	1	51	213	311

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	-32	3	29	1
Mar 2016	-22	0	23	0
Mar 2017	-22	-1	22	-1
Mar 2018	33	0	-33	0
Mar 2019	0	0	0	0
Mar 2020	0	0	0	0
Mar 2021	-146	20	126	0
Mar 2022	-58	0	59	0
Mar 2023	-6	-3	10	0
Mar 2024	-13	19	-5	1
Mar 2025	2	-118	122	6
Mar 2026	4	-3	-7	-6

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	267	167	57	78	1,466	1,866	1,326	15	143	169	302	430
Inventory Days	546	184	241	134	7,084	37,663	972	51	7,805	101	227	294
Days Payable	192	147	82	147	8,212	45,108	324	8	290	42	93	328
Cash Conversion Cycle	621	203	216	64	338	-5,578	1,974	59	7,658	228	436	396
Working Capital Days	289	17	-42	-430	-15,591	-43,200	-8,074	137	653	234	175	192
ROCE %	1%	9%	-1%	-9%	-137%	-935%	-36%	9%	1%	12%	9%	9%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of MIC ELECTRONICS LTD (MICEL)?

The reported market capitalisation for MIC ELECTRONICS LTD (MICEL) is ₹1,028Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of MICEL?

The current price shown for MIC ELECTRONICS LTD (MICEL) on Fincrux is ₹34.5 with a 52-week high/low of ₹58.7/30.0.

What were MICEL latest quarterly results?

For Jun 2026, MIC ELECTRONICS LTD (MICEL) reported sales ₹12.29 Cr and net profit ₹1.75 Cr (figures in ₹ crore unless noted).

What are MICEL annual sales and net profit?

For TTM, MIC ELECTRONICS LTD (MICEL) shows sales of ₹88 Cr and net profit of ₹-13 Cr on the Fincrux profit & loss statement.

Who owns MIC ELECTRONICS LTD (MICEL)?

Latest shareholding for MIC ELECTRONICS LTD (MICEL) on Fincrux: Promoters 41.73% (Sep 2026), FIIs 20.36% (Sep 2026), Public 37.93% (Sep 2026), No. of Shareholders 2,13,560% (Sep 2026).

Where can I find MIC ELECTRONICS LTD (MICEL) financials?

MIC ELECTRONICS LTD (MICEL) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show MICEL balance sheet and cash flow?

Yes. The MIC ELECTRONICS LTD (MICEL) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 18 October 2026 at 5:41