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MIRC Electronics Limited (IN:MIRCELECTR)
:MIRCELECTR
India Market
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MIRC Electronics Limited (MIRCELECTR) Price & Analysis

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MIRCELECTR Stock Chart & Stats

₹38.12
-₹0.20(-0.52%)
At close: 4:00 PM EDT
₹38.12
-₹0.20(-0.52%)

Bulls Say, Bears Say

Bulls Say
Manageable LeverageDebt remains below equity in the reported periods, providing a more manageable capital structure than a highly leveraged model. This can preserve financing flexibility while the company works to restore profitability.
Improved Equity And Lower DebtThe stronger equity base and reduced debt improve balance-sheet resilience and may limit financial pressure during an earnings downturn. This offers a foundation for operational recovery, although returns on that capital remain weak.
Established Multi-category Brand ModelAn established ONIDA brand spanning home entertainment and appliances gives the company multiple product categories and existing routes to customers. That breadth can support cross-selling and distribution efficiency over the medium term.
Bears Say
Multi-year Revenue ContractionA sustained decline in revenue indicates weakening product demand, distribution reach, or competitive position rather than a one-period setback. Lower scale can reduce purchasing leverage and make it harder to absorb fixed operating costs.
Severe Profitability DeteriorationThe move from near break-even in 2025 to a large loss with negative operating profit and EBITDA shows that gross profit is insufficient to cover operating costs. Persistent losses threaten reinvestment capacity and require a meaningful cost or revenue reset.
Large Cash BurnDeeply negative operating and free cash flow weakens the company’s ability to fund inventory, distribution, service commitments, and investment internally. If cash conversion does not recover, funding needs could increase despite the improved balance sheet.

MIRC Electronics Limited News

MIRCELECTR FAQ

What was MIRC Electronics Limited’s price range in the past 12 months?
MIRC Electronics Limited lowest stock price was ₹21.50 and its highest was ₹49.12 in the past 12 months.
    What is MIRC Electronics Limited’s market cap?
    MIRC Electronics Limited’s market cap is ₹13.14B.
      When is MIRC Electronics Limited’s upcoming earnings report date?
      MIRC Electronics Limited’s upcoming earnings report date is Nov 05, 2026 which is in 72 days.
        How were MIRC Electronics Limited’s earnings last quarter?
        MIRC Electronics Limited released its earnings results on Aug 07, 2026. The company reported -₹0.384 earnings per share for the quarter, missing the consensus estimate of N/A by N/A.
          Is MIRC Electronics Limited overvalued?
          According to Wall Street analysts MIRC Electronics Limited’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does MIRC Electronics Limited pay dividends?
            MIRC Electronics Limited pays a Annually dividend of ₹0.888 which represents an annual dividend yield of N/A. See more information on MIRC Electronics Limited dividends here
              What is MIRC Electronics Limited’s EPS estimate?
              MIRC Electronics Limited’s EPS estimate for its next earnings report is not yet available.
              How many shares outstanding does MIRC Electronics Limited have?
              MIRC Electronics Limited has 369,392,360 shares outstanding.
                What happened to MIRC Electronics Limited’s price movement after its last earnings report?
                MIRC Electronics Limited reported an EPS of -₹0.384 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 3.261%.
                  Which hedge fund is a major shareholder of MIRC Electronics Limited?
                  Currently, no hedge funds are holding shares in IN:MIRCELECTR
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    MIRC Electronics Limited

                    MIRC Electronics Ltd. is an Indian company dedicated to the manufacturing and marketing of consumer electronics and durables. Operating under its Onida and IGO brands, the company's diverse product range includes LED and LCD televisions, air conditioners, washing machines, microwave ovens, DVD home theatre systems, mobile phones, projector systems, refrigerators, healthcare products, air coolers, dishwashers, and LED lighting solutions. Beyond its domestic operations, MIRC Electronics also exports its products internationally. The company was founded in 1981 and is headquartered in Mumbai, India.

                    MIRC Electronics Limited (MIRCELECTR) Earnings & Revenues

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