MIRC Electronics Limited

Company Profile

MIRC Electronics Limited had its IPO on under the ticker symbol MIRCELECTR.

The company operates in the Consumer Cyclical sector and Fixtures & Appliances industry. MIRC Electronics Limited has a staff strength of 536 employees.

Stock update

Shares of MIRC Electronics Limited opened at ₹25.08 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹25.08 - ₹25.08, and closed at ₹25.08.

This is a -1.99% slip from the previous day's closing price.

A total volume of 35,010 shares were traded at the close of the day’s session.

In the last one week, shares of MIRC Electronics Limited have increased by +8.15%.

MIRC Electronics Limited's Key Ratios

MIRC Electronics Limited has a market cap of ₹5.36 billion, indicating a price to book ratio of 1.8654 and a price to sales ratio of 0.3006.

In the last 12-months MIRC Electronics Limited’s revenue was ₹9.49 billion with a gross profit of ₹1.53 billion and an EBITDA of ₹-18378500. The EBITDA ratio measures MIRC Electronics Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, MIRC Electronics Limited’s operating margin was -0.95% while its return on assets stood at -0.19% with a return of equity of -6.33%.

In Q2, MIRC Electronics Limited’s quarterly earnings growth was a positive 0% while revenue growth was a negative 46.8%.

MIRC Electronics Limited’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at ₹-0.85 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into MIRC Electronics Limited’s profitability.

MIRC Electronics Limited stock is trading at a EV to sales ratio of 0.3547 and a EV to EBITDA ratio of -96.1397. Its price to sales ratio in the trailing 12-months stood at 0.3006.

MIRC Electronics Limited stock pays annual dividends of ₹0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

₹5.29 billion

Total Liabilities

₹3.18 billion

Operating Cash Flow

₹0

Capital Expenditure

₹0

Dividend Payout Ratio

0%

MIRC Electronics Limited ended 2024 with ₹5.29 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹5.29 billion while shareholder equity stood at ₹1.91 billion.

MIRC Electronics Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹3.18 billion in other current liabilities, in common stock, ₹0 in retained earnings and ₹0 in goodwill. Its cash balance stood at ₹38.70 million and cash and short-term investments were ₹0. The company’s total short-term debt was ₹0 while long-term debt stood at ₹116.60 million.

MIRC Electronics Limited’s total current assets stands at ₹3.87 billion while long-term investments were ₹0 and short-term investments were ₹85.90 million. Its net receivables were ₹895.70 million compared to accounts payable of ₹2.14 billion and inventory worth ₹2.73 billion.

In 2024, MIRC Electronics Limited's operating cash flow was ₹0 while its capital expenditure stood at ₹0.

Comparatively, MIRC Electronics Limited paid ₹0 in dividends in 2024.

Other key metrics

Current Trading Price

₹25.08

52-Week High

₹24.6

52-Week Low

₹11.1

Analyst Target Price

₹

MIRC Electronics Limited stock is currently trading at ₹25.08 per share. It touched a 52-week high of ₹24.6 and a 52-week low of ₹24.6. Analysts tracking the stock have a 12-month average target price of ₹.

Its 50-day moving average was ₹21.4 and 200-day moving average was ₹16.62 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 5570.6% of the company’s stock are held by insiders while 0% are held by institutions.