MIRC Electronics Limited (IN:MIRCELECTR)
:MIRCELECTR
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MIRCELECTR Stock Chart & Stats
₹35.02
-₹0.56(-2.32%)
At close: 4:00 PM EST
₹35.02
-₹0.56(-2.32%)
Day’s Range― - ―
52-Week Range₹12.27 - ₹49.12
Previous CloseN/A
Volume569.09K
Average Volume (3M)95.29K
Market Cap
₹15.10B
Enterprise Value₹12.12B
Total Cash (Recent Filing)₹168.70M
Total Debt (Recent Filing)₹486.60M
Price to Earnings (P/E)―
Beta1.49
Next Earnings
Aug 07, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.78
Shares Outstanding369,392,360
10 Day Avg. Volume110,914
30 Day Avg. Volume95,291
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)3.34
Price to Sales (P/S)1.20
P/FCF Ratio-5.81
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
Brand And Market RecognitionThe company’s long-standing Onida brand gives durable recognition in the Indian consumer electronics market. Strong brand equity supports distribution relationships, after-sales revenue potential and pricing resilience, enabling a base to rebuild volumes and margins over months.
Manageable Leverage And Improved Equity BaseBalance-sheet improvements with higher equity and lower debt materially reduce short-term refinancing pressure and provide financial headroom. This structural buffer improves survival odds during turnaround efforts and supports investments or working-capital needs without immediate solvency risk.
Positive Product-Level Gross ProfitMaintained gross profit implies products still generate margin at the unit level. If management can control operating SG&A and improve scale, there is a structural path to restore operating profitability because product economics are not fundamentally loss-making.
Bears Say
Multi-year Revenue DeclineSustained top-line contraction over multiple years indicates structural loss of market share or weakened demand. Reduced scale hurts bargaining, raises per-unit fixed costs, and limits the company’s ability to invest in product refreshes or distribution, making recovery more difficult over the medium term.
Severe Cash Burn In 2026A large operating cash outflow and deeply negative free cash flow signal structural liquidity stress that can force asset sales, emergency financing, or equity dilution. This undermines capacity to fund inventory, marketing, or product development needed to arrest decline over the next several quarters.
Large Net Loss And Negative Operating ProfitMaterial operating losses and negative EBITDA show the business is not covering operating overheads, implying weak operating leverage and poor ROE. Without sustainable cost restructuring or revenue stabilization, ongoing losses will erode equity and limit long-term competitiveness.
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 ₹12.27 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 ₹15.10B.
When is MIRC Electronics Limited’s upcoming earnings report date?
MIRC Electronics Limited’s upcoming earnings report date is Aug 07, 2026 which is in 64 days.
How were MIRC Electronics Limited’s earnings last quarter?
MIRC Electronics Limited released its earnings results on May 20, 2026. The company reported -₹1.28 earnings per share for the quarter, missing the consensus estimate of N/A by -₹1.28.
Is MIRC Electronics Limited overvalued?
According to Wall Street analysts MIRC Electronics Limited’s price is currently Overvalued.
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 -₹1.28 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -3.553%.
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.
Technical Analysis
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