MIC Electronics

MICELECTRONICS30 Apr 2024

Consumer Durables

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MIC Electronics

Consumer Durables

MICELECTRONICS30 Apr 2024

₹

+0.30 (+0.61%)

OverviewFundamentals

Corporate action

Peer comparison

Income Sheet

Balance sheet

Cash flow

Share holding

About Us

Corporate Action

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

All

Dividends

Bonus

Splits

Others

Ex-Date	Type	Description	Record Date
19-May-2008	S	MIC Electronics Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 19, 2008, inter alia, has considered and approved the subdivision of 3,00,00,000 equity shares of Rs 10/- each of the Company comprised in its Authorised Share Capital into 15,00,00,000 Equity Shares of Rs 2/- each. MIC Electronics Ltd has informed BSE that the shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on June 14, 2008, inter alia, have unanimously approved the following Ordinary Resolutions: The Sub-division of face value of equity share of the Company of Rs 10/- each into five equity shares of face value of Rs 2/-. (As per BSE Announcement Website dated on 16/06/2008) SUB. :- Sub Division of equity shares of MIC Electronics Limited (Scrip Code 532850) Trading members of the Exchange are hereby informed that, MIC Electronics Limited has fixed the Record Date for the purpose of sub division of equity shares of the company. COMPANY NAME CODE MIC Electronics Limited 532850 RECORD DATE 07/07/2008 PURPOSE Sub Division of existing equity shares from every ONE equity share of Rs.10/- each into FIVE equity shares of Rs.2/- each. SUB-DIVIDED PAID-UP VALUE Rs.2/- SUB-DIVIDED PAID-UP VALUE W.E.F. 27/06/2008 DR-062/2008 - 2009 The auction in the equity shares of MIC Electronics Limited in Dematerialised Securities - Rolling Settlement Segment on 27/06/2008, 30/06/2008 and 01/07/2008 will be conducted as per face value of Rs.10/- each. Trading members are, therefore, requested to take abundant precautions while mentioning the rates for offering the equity shares of the said company in auction on the said dates. The scrip will be No Delivery from 27/06/2008 (DR-062/2008-2009) to 04/07/2008 (DR-067/2008-2009). Note :- i. Trading members are hereby informed that the transactions in the equity shares (physical) of the aforesaid company in the Exit-Route Scheme will be for Rs.2/- paid up w.e.f. 27/06/2008. ii. ISIN No. INE287C01011 of Rs.10/- paid up will not be valid for transactions done on the Exchange on or after 27/06/2008, except for the auction transactions, which will be conducted on 27/06/2008, 30/06/2008 and 01/07/2008 respectively. iii. The new ISIN Number for Rs.2/- paid up will be informed to the market by a separate notice. (As Per BSE Notice Dated on 20.06.2008)	07-Jul-2008
07-Dec-2009	D	MIC Electronics Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 05, 2009, inter alia, has transacted the following: Board recommended 20% dividend for the financial year ended June 30, 2009.	23-Dec-2009
19-Nov-2008	D	MIC Electronics Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 19, 2008, inter alia, has transacted the following: Board recommended 20% dividend for the financial year ended on June 30, 2008.	22-Dec-2008
25-Jul-2007	D	MIC Electronics Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 24, 2007, inter alia, has recommended a dividend @ 20% on equity share capital for the year 2006-2007, subject to the approval of share holders in the annual general meeting.	14-Dec-2007
05-Jan-2024	BC	We hereby inform you that, the Board of Directors of the Company at its meeting held today considered and approved, inter-alia, the following items of Business: 1. Appointment of Mr. Subhash Lingared	27-May-2024
05-Jan-2024	BC	Board approved:- 1. Appointment of Mr. Subhash Lingareddi Somod (DIN: 09501374) as Additional Director (Independent Category) of the Company with effect from January 05, 2024 subject to approval of	06-Feb-2024
29-Jan-2024	BC	MIC ELECTRONICS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/02/2024 inter alia to consider and approve In terms of Regulation 29 33 of the SEBI (	06-Feb-2024
29-Dec-2023	BC	MIC ELECTRONICS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/01/2024 inter alia to consider and approve the appointment of Additional Directors on	05-Jan-2024
05-Jan-2024	BC	Board approved:- 1. Appointment of Mr. Subhash Lingareddi Somod (DIN: 09501374) as Additional Director (Independent Category) of the Company with effect from January 05, 2024 subject to approval o	05-Jan-2024

No Rights has been declared by MICELECTRONICS

Book Closure

Record Date	Split Date	Purpose
27-May-2024	-	We hereby inform you that, the Board of Directors of the Company at its meeting held today considered and approved, inter-alia, the following items of Business: 1. Appointment of Mr. Subhash Lingared
06-Feb-2024	01 Jan'1900	Board approved:- 1. Appointment of Mr. Subhash Lingareddi Somod (DIN: 09501374) as Additional Director (Independent Category) of the Company with effect from January 05, 2024 subject to approval of
06-Feb-2024	-	MIC ELECTRONICS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/02/2024 inter alia to consider and approve In terms of Regulation 29 33 of the SEBI (
05-Jan-2024	-	MIC ELECTRONICS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/01/2024 inter alia to consider and approve the appointment of Additional Directors on
05-Jan-2024	-	Board approved:- 1. Appointment of Mr. Subhash Lingareddi Somod (DIN: 09501374) as Additional Director (Independent Category) of the Company with effect from January 05, 2024 subject to approval o

Peer Comparison

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Scrip Name	Price	Daily Change	M.Cap (Cr)	1 Year Returns %	P/E (TTM)	PB Ratio
MIC Electronics Ltd ₹49.70(+0.30/0.61%)	49.70	+0.30	1,093.94	254.12	136.97	15.68
Hind Rectifiers Ltd ₹733.00(-2.25/-0.31%)	733.00	-2.25	1,260.06	244.14	56.36	10.68
BPL Ltd ₹110.30(+2.80/2.60%)	110.30	+2.80	526.49	73.39	33.15	2.11
PG Electroplast Ltd ₹2,128.95(+121.75/6.07%)	2,128.95	+121.75	5,223.99	43.60	83.78	5.88
Symphony Ltd ₹963.45(+11.85/1.25%)	963.45	+11.85	6,561.95	-3.02	43.66	9.19
Butterfly Gandhimathi Appliances Ltd ₹840.80(-5.05/-0.60%)	840.80	-5.05	1,512.38	-22.34	52.67	4.82

Income Sheet

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Standalone

Consolidated

Column	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22
Gross Sales	17.49	7.10	7.02	2.96	1.24	0.50
Excise Duty	0.00	0.00	0.00	0.00	0.00	0.00
Net Sales	17.49	7.10	7.02	2.96	1.24	0.50
Other Operating Income	0.00	0.00	0.00	0.00	0.00	0.00
Other Income	0.82	6.76	0.17	0.77	0.54	0.36
Total Income	18.31	13.86	7.19	3.73	1.78	0.86
Total Expenditure	14.89	4.76	5.07	0.68	2.04	0.78
PBIDT	3.42	9.10	2.12	3.05	-0.26	0.08
Interest	0.36	0.44	0.42	0.11	0.19	0.10
PBDT	3.06	8.66	1.70	2.94	-0.45	-0.02
Depreciation	0.35	0.36	0.46	0.51	0.51	0.51
Tax	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax	0.00	0.00	0.00	0.00	0.00	0.00
Reported Profit After Tax	2.71	8.30	1.24	2.43	-0.96	-0.53
Extra-ordinary Items	0.00	6.62	0.00	0.00	0.00	0.00
Adjusted Profit After Extra-ordinary item	2.71	1.68	1.24	2.43	-0.96	-0.53

EPS (Unit Curr.)	0.12	0.37	0.06	0.11	-0.04	-0.02
EPS (Adj) (Unit Curr.)	0.12	0.37	0.06	0.11	-0.04	-0.02
Calculated EPS (Unit Curr.)	0.12	0.37	0.06	0.11	-0.04	-0.02
Calculated EPS (Adj) (Unit Curr.)	0.12	0.37	0.06	0.11	-0.04	-0.02
Calculated EPS (Ann.) (Unit Curr.)	0.49	1.50	0.22	0.44	-0.17	-0.10
Calculated EPS (Adj) (Ann.) (Unit Curr.)	0.49	1.50	0.22	0.44	-0.17	-0.10
Book Value (Unit Curr.)	0.00	0.00	0.00	0.00	0.00	0.00
Dividend (%)	0.00	0.00	0.00	0.00	0.00	0.00
Equity	44.29	44.29	44.29	44.29	44.29	44.29
Reserve & Surplus	0.00	0.00	0.00	0.00	0.00	0.00
Face Value	2.00	2.00	2.00	2.00	2.00	2.00

Public Shareholding (No. Of Shares)	0.00	0.00	0.00	0.00	0.00	0.00
Public Shareholding (% in Equity)	0.00	0.00	0.00	0.00	0.00	0.00

Pledged/Encumbered - No. of Shares	0.00	0.00	0.00	0.00	0.00	0.00
Pledged/Encumbered - % in Total Promoters Holding	0.00	0.00	0.00	0.00	0.00	0.00
Pledged/Encumbered - % in Total Equity	0.00	0.00	0.00	0.00	0.00	0.00

Non Encumbered - No. of Shares	0.00	0.00	0.00	0.00	0.00	0.00
Non Encumbered - % in Total Promoters Holding	0.00	0.00	0.00	0.00	0.00	0.00
Non Encumbered - % in Total Equity	0.00	0.00	0.00	0.00	0.00	0.00

PBIDTM(%)	19.55	128.17	30.20	103.04	-20.97	16.00
PBDTM(%)	17.50	121.97	24.22	99.32	-36.29	-4.00
PATM(%)	15.49	116.90	17.66	82.09	-77.42	-106.00

Column	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22
Gross Sales	10.31	8.26	11.01	7.40	2.08	2.42
Excise Duty	0.00	0.00	0.00	0.00	0.00	0.00
Net Sales	10.31	8.26	11.01	7.40	2.08	2.42
Other Operating Income	0.00	0.00	0.00	0.00	0.00	0.00
Other Income	6.78	0.22	0.72	-0.28	1.26	0.24
Total Income	17.09	8.48	11.73	7.12	3.34	2.66
Total Expenditure	7.31	6.16	8.60	7.07	2.60	3.16
PBIDT	9.78	2.32	3.13	0.05	0.74	-0.50
Interest	0.48	0.54	0.16	0.30	0.21	0.12
PBDT	9.30	1.78	2.97	-0.25	0.53	-0.62
Depreciation	0.38	0.55	0.54	0.67	0.54	0.62
Minority Interest Before NP	0.00	0.00	0.00	0.00	0.00	0.00
Tax	0.10	0.00	0.00	0.01	0.02	0.00
Deferred Tax	0.02	-0.01	0.00	-0.01	-0.02	0.00
Reported Profit After Tax	8.80	1.24	2.43	-0.92	-0.01	-1.24
Minority Interest After NP	0.25	0.00	0.02	0.01	0.06	-0.02
Net Profit after Minority Interest	8.55	1.24	2.41	-0.93	-0.07	-1.22

Extra-ordinary Items	6.62	0.00	0.00	0.00	0.00	0.00
Adjusted Profit After Extra-ordinary item	1.93	1.24	2.41	-0.93	-0.07	-1.22

EPS (Unit Curr.)	0.04	0.06	0.11	-0.04	0.00	-0.06
Book Value (Unit Curr.)	0.00	0.00	0.00	0.00	0.00	0.00
Dividend (%)	0.00	0.00	0.00	0.00	0.00	0.00
Equity	44.29	44.29	44.29	44.29	44.29	44.29

Public Shareholding (Number)	0.00	0.00	0.00	0.00	0.00	0.00
Public Shareholding (%)	0.00	0.00	0.00	0.00	0.00	0.00

Pledged/Encumbered - No. of Shares	0.00	0.00	0.00	0.00	0.00	0.00
Pledged/Encumbered - % in Total Promoters Holding	0.00	0.00	0.00	0.00	0.00	0.00
Pledged/Encumbered - % in Total Equity	0.00	0.00	0.00	0.00	0.00	0.00

Non Encumbered - No. of Shares	0.00	0.00	0.00	0.00	0.00	0.00
Non Encumbered - % in Total Promoters Holding	0.00	0.00	0.00	0.00	0.00	0.00
Non Encumbered - % in Total Equity	0.00	0.00	0.00	0.00	0.00	0.00

PBIDTM(%)	94.86	28.09	28.43	0.68	35.58	-20.66
PBDTM(%)	90.20	21.55	26.98	-3.38	25.48	-25.62
PATM(%)	85.35	15.01	22.07	-12.43	-0.48	-51.24

Balance Sheet

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Standalone

Consolidated

Column	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18
SOURCES OF FUNDS :
Share Capital	44.29	44.29	44.05	44.05	44.05	44.05
Reserves Total	-42.56	-42.71	-104.67	-237.79	-213.85	-186.38
Equity Share Warrants	58.39	58.39	58.39	58.39	58.39	58.39
Equity Application Money	0.00	0.00	0.00	0.00	0.00	0.00
Total Shareholders Funds	60.12	59.97	-2.23	-135.35	-111.41	-83.94
Secured Loans	10.56	1.00	5.07	90.50	91.12	91.12
Unsecured Loans	0.00	0.00	27.78	44.14	26.05	26.05
Total Debt	10.56	1.00	32.85	134.64	117.17	117.17
Total Liabilities	70.68	60.97	30.62	-0.71	5.76	33.23
APPLICATION OF FUNDS :
Gross Block	148.82	150.71	151.36	151.81	151.80	151.80
Less : Accumulated Depreciation	107.74	106.92	105.03	77.20	69.67	62.00
Less:Impairment of Assets	0.00	0.00	0.00	0.00	0.00	0.00
Net Block	41.08	43.79	46.33	74.61	82.13	89.80
Lease Adjustment	0.00	0.00	0.00	0.00	0.00	0.00
Capital Work in Progress	2.78	0.00	0.00	1.83	1.83	1.83
Producing Properties	0.00	0.00	0.00	0.00	0.00	0.00
Investments	3.33	3.33	0.00	0.00	0.00	0.00
Current Assets, Loans & Advances	0.00	0.00	0.00	0.00	0.00	0.00
Inventories	8.34	2.75	1.89	49.53	49.88	50.56
Sundry Debtors	2.31	1.29	3.96	9.51	19.44	33.75
Cash and Bank	0.91	0.95	1.01	1.35	1.77	1.70
Loans and Advances	12.89	11.03	2.94	6.16	3.43	3.25
Total Current Assets	24.46	16.02	9.80	66.55	74.52	89.27
Less : Current Liabilities and Provisions	0.00	0.00	0.00	0.00	0.00	0.00
Current Liabilities	2.46	2.39	26.13	150.01	161.63	156.63
Provisions	0.00	0.00	0.00	0.69	0.69	0.69
Total Current Liabilities	2.46	2.39	26.13	150.70	162.32	157.32
Net Current Assets	22.00	13.63	-16.33	-84.15	-87.80	-68.05
Miscellaneous Expenses not written off	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax Assets	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax Liability	0.00	0.00	0.00	0.00	0.00	0.00
Net Deferred Tax	0.00	0.00	0.00	0.00	0.00	0.00
Total Assets	69.18	60.75	30.00	-7.71	-3.84	23.58
Contingent Liabilities	1.07	0.40	0.42	0.52	22.60	22.60

Column	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18
SOURCES OF FUNDS :
Share Capital	44.29	44.29	44.05	44.05	44.05	44.05
Reserves Total	18.73	18.49	-97.43	-230.33	-206.87	-179.79
Equity Share Warrants	0.00	0.00	58.39	58.39	58.39	58.39
Equity Application Money	0.00	0.00	0.00	0.00	0.00	0.00
Total Shareholders Funds	63.02	62.78	5.01	-127.89	-104.43	-77.35
Minority Interest	1.00	1.00	0.00	0.00	0.00	0.00
Secured Loans	16.56	7.88	5.07	90.50	91.12	91.12
Unsecured Loans	0.00	0.00	27.78	44.14	26.05	26.05
Total Debt	16.56	7.88	32.85	134.64	117.17	117.17
Policy Holders Fund	0.00	0.00	0.00	0.00	0.00	0.00
Other Liabilities	0.16	0.07	0.00	2.15	2.15	2.19
Total Liabilities	80.74	71.73	37.86	8.90	14.89	42.01
APPLICATION OF FUNDS :
Gross Block	151.76	154.44	151.36	151.81	151.80	151.80
Less: Accumulated Depreciation	108.34	107.37	105.03	77.20	69.67	62.00
Less: Impairment of Assets	0.00	0.00	0.00	0.00	0.00	0.00
Net Block	43.42	47.07	46.33	74.61	82.13	89.80
Lease Adjustment	0.00	0.00	0.00	0.00	0.00	0.00
Capital Work in Progress	9.85	4.62	0.00	1.83	1.83	1.83
Producing Properties	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.00	0.00	7.52	7.75	7.12	6.70
Current Assets, Loans & Advances	0.00	0.00	0.00	0.00	0.00	0.00
Inventories	15.76	7.87	1.89	49.53	49.88	50.56
Sundry Debtors	2.82	1.35	3.96	9.51	19.44	33.75
Cash and Bank	0.95	0.97	1.01	1.35	1.78	1.71
Loans and Advances	12.94	12.89	3.62	6.86	4.08	3.88
Total Current Assets	32.46	23.07	10.48	67.25	75.18	89.90
Less : Current Liabilities and Provisions	0.00	0.00	0.00	0.00	0.00	0.00
Current Liabilities	6.63	3.16	27.09	151.02	162.56	157.51
Provisions	0.00	0.17	0.00	0.69	0.69	0.69
Total Current Liabilities	6.63	3.33	27.09	151.71	163.25	158.20
Net Current Assets	25.83	19.74	-16.61	-84.45	-88.07	-68.29
Miscellaneous Expenses not written off	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax Assets	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax Liability	0.03	0.02	0.00	0.00	0.00	0.00
Net Deferred Tax	-0.03	-0.02	0.00	0.00	0.00	0.00
Other Assets	1.67	0.31	0.62	9.17	11.88	11.98
Total Assets
Contingent Liabilities	1.07	0.40	0.42	0.52	22.60	22.60

Cash Flow

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

PARTICULARS	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
Cash and Cash Equivalents at Beginning of the year	0.12	0.10	0.05	0.05	0.06
Net Cash from Operating Activities	-6.47	-58.36	-146.24	0.03	-0.01
Net Cash Used In Investing Activities	-3.13	-0.40	20.25	-0.07	0.08
Net Cash Used In Financing Activities	9.81	58.77	126.05	0.03	-0.07
Net Inc./Dec In Cash And Cash Equivalents	0.21	0.02	0.06	-0.01	0.00
Cash And Cash Equivalents At End Of The Year	0.33	0.12	0.10	0.05	0.05

Share Holding

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Promoter Shareholding

74.59%

FII Shareholding

0.00%

DII Shareholding

0.00%

Public Shareholding

25.41%

**Promoter pledged shareholding 74.59%

About MIC Electronics Ltd

MIC Electronics Ltd is in the Consumer Durables sector, having a market capitalization of Rs. 1091.95 crores. It has reported a sales of Rs. 17.49 crores and a net profit of Rs. 2.71 crores for the quarter ended December 2018. The company management includes Kaushik Yalamanchili, K Gayathri Upadhyayula,Lakshmanarao Kakarala,Kaushik Yalamanchili,Srinivas Rao Kolli,Venkata Naga Lavanya Kandala,A L Sowjanya,Sivanand Swamy Mitikiri,Subhash Lingareddi (MIC Electronics Ltd) among others.

Chairman

Kaushik Yalamanchili

Registered office

Plot No 192/B Phase-II,IDA Cherlapally,Hyderabad,Telangana,500051

FAX :

Background

Incorporation Year1988

Face Value₹2

Market Lot1

How to buy MIC Electronics shares on nse?

To buy MIC Electronics shares in Motilal Oswal, you just need to open a demat account and get your KYC documents verified

What is the MIC Electronics share price today?

The MIC Electronics shares price on nse is Rs.49.7 today.

What is the market cap of MIC Electronics shares on NSE ?

The company has a market capitalization of Rs.1093.94Cr

What is the PE & PB ratio of MIC Electronics shares ?

PE is 136.97 and PB is 15.68

What is the 52 Week High and Low of MIC Electronics shares?

MIC Electronics stock price high: Rs.55.7 MIC Electronics stock price low: Rs.12.95