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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%)
Day’s Range― - ―
52-Week Range₹21.50 - ₹49.12
Previous CloseN/A
Volume2.20K
Average Volume (3M)52.27K
Market Cap
₹10.12B
Enterprise Value₹9.49B
Total Cash (Recent Filing)₹817.90M
Total Debt (Recent Filing)₹0.00
Price to Earnings (P/E)―
Beta1.51
Next Earnings
Nov 05, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield3.86%
Share Statistics
EPS (TTM)-2.08
Shares Outstanding369,527,830
10 Day Avg. Volume48,238
30 Day Avg. Volume52,269
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
ONIDA Brand And Product BreadthONIDA provides a recognizable brand platform across multiple consumer-durable categories, while the company’s marketing and distribution model supports broad product reach. This portfolio gives MIRC Electronics several avenues for customer engagement and revenue generation rather than reliance on a single appliance category.
Manageable Leverage And Stronger EquityThe balance sheet shows comparatively manageable leverage, with debt below equity and a further debt reduction alongside materially higher equity in 2026. This provides a more stable capital base and preserves financial flexibility compared with a business facing the same losses from a heavily leveraged position.
Positive Gross ProfitPositive gross profit indicates that MIRC Electronics continues to generate value above product-level costs across its consumer electronics sales. Although operating expenses currently overwhelm that contribution, the remaining gross-profit base offers a foundation for recovery if the company improves operating discipline and restores scale.
Bears Say
Multi-year Revenue ContractionThe sustained decline in revenue signals weakening business scale and reduced market traction over several years, rather than a single quarterly fluctuation. Lower sales can dilute distribution and brand investments, reduce operating leverage, and make it harder for the company to absorb fixed costs or rebuild profitability.
Severe Profitability DeteriorationThe shift from near break-even results in 2025 to a substantial 2026 net loss shows that the current cost structure is not supporting the revenue base. Negative operating profit and EBITDA indicate pressure before financing and non-operating effects, making earnings recovery dependent on meaningful operational improvement.
Heavy Cash BurnLarge negative operating and free cash flow means the business is consuming cash rather than funding itself through operations. If this persists, MIRC Electronics may face increased funding needs and less flexibility to invest in products, distribution, or brand support while it addresses operating losses.
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 ₹10.12B.
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 13 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.
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 3.86%. 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 369,527,830 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. 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.
Technical Analysis
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