MIRC Electronics Limited (MIRCELECTR) Price & Analysis

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MIRCELECTR Stock Chart & Stats

₹35.02

-₹0.56(-2.32%)

At close: Jan 08 4:00 PM EST

₹35.02

-₹0.56(-2.32%)

Day’s Range― - ―

52-Week Range₹10.30 - ₹37.47

Previous CloseN/A

Volume569.09K

Average Volume (3M)95.29K

Market Cap

₹10.41B

Enterprise Value₹8.37B

Total Cash (Recent Filing)₹43.40M

Total Debt (Recent Filing)₹0.00

Price to Earnings (P/E)―

Beta1.52

Next Earnings

May 21, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)-0.36

Shares Outstanding369,392,360

10 Day Avg. Volume110,914

30 Day Avg. Volume95,291

Financial Highlights & Ratios

PEG Ratio1.22

Price to Book (P/B)2.14

Price to Sales (P/S)0.36

P/FCF Ratio8.98

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price TargetN/A

Price Target UpsideN/A

Rating ConsensusN/A

Number of Analyst Covering0

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

Bulls Say, Bears Say

Bulls Say

Improved Cash GenerationFree cash flow turning positive in 2025 signals a durable improvement in the company’s ability to self-fund operations and near-term investments. Sustained positive FCF reduces reliance on external financing, supports working capital through cyclical demand in consumer durables, and provides runway to reinvest in product or channel initiatives while profitability recovers.

Prudent Leverage And Moderate Balance-sheet StabilityA relatively stable debt-to-equity position implies conservative leverage that supports resilience in a cyclical consumer-electronics market. Prudent leverage helps preserve access to credit and lowers refinancing risk, enabling the firm to manage inventory and seasonality without overextending financial commitments, a structural advantage over highly leveraged peers.

Established Brand And Distribution NetworkThe ONIDA brand and an established dealer/distributor network deliver durable go-to-market reach and channel economics. Strong brand recognition and entrenched distribution reduce customer-acquisition friction, aid new product introductions across India, and help preserve gross margins relative to smaller or newer competitors over the medium term.

Bears Say

Declining Revenue TrendA multi-year revenue decline and a sharp drop from 2024 to 2025 signal structural demand or market-share challenges. Sustained top-line contraction undermines scale economics, reduces fixed-cost absorption, pressures margins and operating leverage, and makes recovery dependent on durable improvements in product mix, pricing power, or distribution expansion.

Persistent Net Losses And Negative ROEOngoing net losses and negative ROE indicate the business has not yet returned to profitability, eroding shareholder capital and limiting reinvestment capacity. Continued losses constrain management’s strategic optionality, impair ability to build reserves, and make sustained recovery dependent on turning operating improvements into consistent net profits.

Weakened Equity / Higher Liability RelianceA declining equity ratio signals a weakening capital base and greater dependence on liabilities. This structural deterioration increases financial vulnerability to sales shocks, raises refinancing sensitivity, and may elevate funding costs or restrict growth investments in a competitive consumer-electronics market where inventory and working-capital flexibility matter.

MIRC Electronics Limited News

MIRC Electronics Holds Extraordinary General Meeting via Video Conferencing

The latest announcement is out from MIRC Electronics Limited ( ($IN:MIRCELECTR) ). MIRC Electronics Limited informed the stock...

1M ago

MIRC Electronics Revamps ESOP Scheme and Appoints New Statutory Auditor

MIRC Electronics Limited ( ($IN:MIRCELECTR) ) just unveiled an update. MIRC Electronics Limited has approved key governance changes...

1M ago

MIRC Electronics Modifies ESOP 2023 Scheme and Appoints New Statutory Auditor

MIRC Electronics Limited ( ($IN:MIRCELECTR) ) has provided an update. MIRC Electronics Limited has informed the exchanges that...

1M ago

MIRC Electronics Sets January 16, 2026 Virtual EGM With Remote E-Voting

MIRC Electronics Limited ( ($IN:MIRCELECTR) ) has issued an update. MIRC Electronics Limited has scheduled an Extraordinary General...

2M ago

MIRC Electronics Expands Equity Capital with Successful Rights Issue

MIRC Electronics Limited ( ($IN:MIRCELECTR) ) has issued an update. MIRC Electronics Limited has announced the outcome of...

7M ago

MIRC Electronics Completes Rs. 50 Crore Rights Issue

MIRC Electronics Limited ( ($IN:MIRCELECTR) ) has issued an announcement. MIRC Electronics Limited has announced the successful allotment...

7M ago

MIRCELECTR FAQ

What was MIRC Electronics Limited’s price range in the past 12 months?

MIRC Electronics Limited lowest stock price was ₹10.30 and its highest was ₹37.47 in the past 12 months.

What is MIRC Electronics Limited’s market cap?

MIRC Electronics Limited’s market cap is ₹10.41B.

When is MIRC Electronics Limited’s upcoming earnings report date?

MIRC Electronics Limited’s upcoming earnings report date is May 21, 2026 which is in 85 days.

How were MIRC Electronics Limited’s earnings last quarter?

MIRC Electronics Limited released its earnings results on Feb 11, 2026. The company reported -₹0.36 earnings per share for the quarter, missing the consensus estimate of N/A by -₹0.36.

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 -₹0.36 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -4.047%.

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 Limited manufactures and markets electronics and consumer durables in India. It 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. The company also exports its products. MIRC Electronics Limited was incorporated in 1981 and is based in Mumbai, India.