MIC Electronics Ltd Stock Price Today (NSE: MICEL)
Fundamental Score
MIC Electronics Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
MIC Electronics Ltd share price today is ₹38.37, up +4.89% on NSE/BSE as of 31 July 2026. MIC Electronics Ltd (MICEL) is a Small-cap company in the Other Industrial Products sector with a market capitalisation of ₹914.67 (Cr). The 52-week high for MICEL share price is ₹82.97 and the 52-week low is ₹29.97. The company has a Return on Equity (ROE) of -5.76% and a debt-to-equity ratio of 0.20.
MIC Electronics Ltd Share Price Chart — NSE/BSE Historical Performance
MIC Electronics Ltd share price chart: -4.69% return over the past month. 52-week high ₹82.97, 52-week low ₹29.97.
MIC Electronics Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹36.75 | ₹38.40 | ₹36.50 | ₹38.37 | 3.50L (Cr) | |
| ₹36.80 | ₹37.00 | ₹36.20 | ₹36.58 | 1.42L (Cr) | |
| ₹36.99 | ₹36.99 | ₹36.00 | ₹36.38 | 1.50L (Cr) | |
| ₹37.00 | ₹38.23 | ₹35.95 | ₹36.81 | 3.01L (Cr) | |
| ₹36.70 | ₹37.40 | ₹36.20 | ₹36.41 | 1.66L (Cr) | |
| ₹36.80 | ₹36.80 | ₹35.29 | ₹36.17 | 1.16L (Cr) | |
| ₹36.69 | ₹37.20 | ₹35.85 | ₹36.38 | 1.20L (Cr) | |
| ₹37.20 | ₹38.00 | ₹37.10 | ₹37.69 | 1.08L (Cr) | |
| ₹37.75 | ₹37.94 | ₹36.90 | ₹37.35 | 1.83L (Cr) | |
| ₹38.84 | ₹38.84 | ₹37.51 | ₹37.94 | 1.42L (Cr) |
MIC Electronics Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹40.19 | ₹41.33 | ₹35.29 | ₹38.37 | -4.53% | |
| ₹43.74 | ₹45.33 | ₹39.50 | ₹40.15 | -8.21% | |
| ₹43.90 | ₹57.60 | ₹40.57 | ₹43.74 | -0.36% | |
| ₹30.68 | ₹44.61 | ₹30.20 | ₹43.17 | +40.71% | |
| ₹35.52 | ₹36.26 | ₹29.97 | ₹29.97 | -15.63% | |
| ₹40.79 | ₹44.92 | ₹36.10 | ₹37.00 | -9.29% | |
| ₹44.17 | ₹45.00 | ₹33.31 | ₹42.58 | -3.60% | |
| ₹45.28 | ₹48.76 | ₹41.66 | ₹43.93 | -2.98% | |
| ₹53.09 | ₹54.50 | ₹42.25 | ₹44.68 | -15.84% | |
| ₹57.40 | ₹61.59 | ₹52.70 | ₹52.97 | -7.72% | |
| ₹50.00 | ₹82.97 | ₹48.76 | ₹57.30 | +14.60% | |
| ₹51.19 | ₹52.61 | ₹44.20 | ₹47.69 | -6.84% |
AI Research Briefing
Powered by Gemini · 2026-04-09
MIC Electronics is a small-cap stock trying to pivot into the semiconductor industry, but faces significant execution risks and overvaluation.
WHAT'S HAPPENING NOW (last 2-4 weeks)
MIC Electronics is making moves in the semiconductor space with the proposed acquisition of Neo Semi SG for Cr. An EGM is scheduled for April 29, 2026, to approve this deal. They also secured a million order.
CORE STORY (THE REAL GAME)
MIC Electronics is trying to re-rate as a play on the Indian semiconductor boom, pivoting from its legacy LED display business. This is a high-risk, high-reward strategy, given their small size and limited experience in the chip sector.
- Neo Semi SG acquisition attempt for ₹357.6 Cr.
- Recent railway orders provide short-term revenue.
- Semiconductor sector hype in India.
- Successful integration of Neo Semi SG.
- Major new semiconductor contract wins.
- Government policy changes favoring domestic chip manufacturing.
- Small-cap: Liquidity risk is high.
- Semiconductor pivot: Unproven management in a new sector.
- High valuation: P/E of 120.99x vs. industry P/E of 28.18x.
Promoter holding decreased by 4.05%, FII decreased by 2.97%.
Semiconductor industry in India is a hot sector due to government incentives.
MIC Electronics secured a ₹21.3 million order.
Poor: Free Cash Flow 5Y: ₹-267.14 Cr.
If the Neo Semi acquisition succeeds, MIC Electronics could re-rate. If it fails, the stock will likely collapse back to its legacy LED business valuation.
Primary Thesis Risk
Failure to successfully integrate Neo Semi SG will destroy the semiconductor re-rating narrative.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
MIC Electronics Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
MIC Electronics Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of MICEL across key market metrics for learning purposes.
Positive Indicators
4 factors identified
Strong Operating Margins (15.74%)
Observation: Healthy 5-year operating margins indicate pricing power and cost control.
Analysis: OPM >15% suggests operational efficiency and competitive advantages.
Consistent Growth Track Record (180.87% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Conservative Debt Levels (D/E: 0.20)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Balanced Promoter Holding (51.57%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Risk Factors
6 factors identified
Below-Average Return on Equity (-5.76%)
Observation: Returns on equity are below industry benchmarks.
Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.
Suboptimal ROCE (8.55%)
Observation: Returns on capital employed are below expectations.
Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.
Profit Decline Concern (-614.01%)
Observation: Significant year-over-year profit contraction observed.
Analysis: Declining profitability requires investigation into underlying causes.
Negative Free Cash Flow (₹-143.96 Cr over 5Y)
Observation: Cash outflows exceed inflows.
Analysis: Negative FCF requires analysis of capital expenditure cycle.
Limited Institutional Interest (FII+DII: 5.58%)
Observation: Low institutional participation may affect liquidity.
Analysis: Limited institutional interest may indicate size constraints or visibility issues.
No Dividend Distribution
Observation: Company does not currently pay dividends to shareholders.
Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.
MIC Electronics Ltd vs Other Industrial Products Peers
Peer Comparison - Other Industrial Products
Compare MIC Electronics Ltd with 10 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
MIC Electronics LtdMIC Electronics...Selected✓ MICEL • 532850 | 29.2/100 | ₹38.37₹38 | ₹914.67₹914.67 | — — | -5.76%Poor -5.76% Poor | 8.55%Poor 8.55% Poor | 0.20Excellent 0.2 Excellent | — — | 180.87%Excellent 180.87% Excellent | 0.00% |
PTC Industries LtdPTC Industries ... PTCIL • 539006 | 66.4/100 | ₹17737.00₹17737 | ₹26412.87₹26412.87 | 260.07Average 260.1 Average | 7.02%Poor 7.02% Poor | 8.43%Poor 8.43% Poor | 0.17Excellent 0.2 Excellent | 101.33%Excellent 101.33% Excellent | 29.84%Excellent 29.84% Excellent | 0.00% |
HBL Engineering LtdHBL Engineering... HBLENGINE • 517271 | 87.5/100 | ₹718.70₹719 | ₹20926.83₹20926.83 | 24.98Average 25.0 Average | 45.33%Excellent 45.33% Excellent | 58.45%Excellent 58.45% Excellent | 0.03Excellent 0.0 Excellent | 117.77%Excellent 117.77% Excellent | 29.35%Excellent 29.35% Excellent | 0.26% |
Inox India LtdInox India Ltd... INOXINDIA • 544046 | 68.1/100 | ₹1908.00₹1908 | ₹17863.34₹17863.34 | 68.67Average 68.7 Average | 26.13%Excellent 26.13% Excellent | 33.48%Excellent 33.48% Excellent | 0.07Excellent 0.1 Excellent | 22.03%Excellent 22.03% Excellent | 21.73%Excellent 21.73% Excellent | 0.10% |
Esab India LtdEsab India Ltd... ESABINDIA • 500133 | 62.2/100 | ₹5628.50₹5629 | ₹8693.98₹8693.98 | 45.10Average 45.1 Average | 48.76%Excellent 48.76% Excellent | 64.68%Excellent 64.68% Excellent | 0.01Excellent 0.0 Excellent | 27.01%Excellent 27.01% Excellent | 17.23%Excellent 17.23% Excellent | 1.33% |
37/100 | ₹1174.40₹1174 | ₹8379.10₹8379.10 | 109.57Average 109.6 Average | 14.26%Average 14.26% Average | 16.06%Good 16.06% Good | 0.33Excellent 0.3 Excellent | — — | — — | 0.00% | |
Subros LtdSubros Ltd... SUBROS • 517168 | 50.9/100 | ₹819.25₹819 | ₹5313.13₹5313.13 | 30.99Average 31.0 Average | 14.66%Average 14.66% Average | 19.75%Good 19.75% Good | 0.02Excellent 0.0 Excellent | 29.17%Excellent 29.17% Excellent | 15.90%Excellent 15.90% Excellent | 0.32% |
Kirloskar Industries LtdKirloskar Indus... KIRLOSIND • 500243 | 35.7/100 | ₹3940.80₹3941 | ₹4156.19₹4156.19 | 25.53Average 25.5 Average | 2.61%Poor 2.61% Poor | 6.98%Poor 6.98% Poor | 0.18Excellent 0.2 Excellent | -0.11%Poor -0.11% Poor | 27.24%Excellent 27.24% Excellent | 0.33% |
Harsha Engineers International LtdHarsha Engineer... HARSHA • 543600 | 65.8/100 | ₹401.05₹401 | ₹3867.11₹3867.11 | 27.70Average 27.7 Average | 10.51%Average 10.51% Average | 13.00%Average 13.00% Average | 0.27Excellent 0.3 Excellent | 25.12%Excellent 25.12% Excellent | 13.24%Good 13.24% Good | 0.35% |
ADOR WELDING LTDADOR WELDING LT... ADOR • 517041 | 68.5/100 | ₹1444.70₹1445 | ₹2381.46₹2381.46 | 26.87Average 26.9 Average | 16.42%Good 16.42% Good | 22.71%Excellent 22.71% Excellent | 0.01Excellent 0.0 Excellent | 42.15%Excellent 42.15% Excellent | 20.48%Excellent 20.48% Excellent | 1.69% |
Diffusion Engineers LtdDiffusion Engin... DIFFNKG • 544264 | 62.8/100 | ₹383.65₹384 | ₹1462.44₹1462.44 | 28.75Average 28.8 Average | 13.14%Average 13.14% Average | 16.42%Good 16.42% Good | 0.07Excellent 0.1 Excellent | 34.74%Excellent 34.74% Excellent | 21.23%Excellent 21.23% Excellent | 0.38% |
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MIC Electronics Ltd PE Ratio History
Historical price-to-earnings ratio for MICEL — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2025 | ₹0.40 | ₹43.93 | 109.8x |
| FY 2024 | ₹2.79 | ₹84.65 | 30.3x |
| FY 2023 | ₹0.01 | ₹33.80 | 3380x |
| FY 2022 | ₹0.13 | ₹13.65 | 105x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
MIC Electronics Ltd Quarterly Performance
Latest quarterly metrics for MICEL — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
13.24%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
-614.01%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
180.87%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
N/A
Compounded annual net profit growth over 5 years
MIC Electronics Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for MICEL — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
MIC Electronics Ltd Financial Statements
Annual income statement, balance sheet and cash flow for MIC Electronics Ltd (MICEL) — sourced from NSE/BSE filings.
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Fetching financial data for MIC Electronics Ltd
About MICEL (MIC Electronics Ltd)
MIC Electronics Ltd is a pioneering force in the realm of innovative display and lighting solutions, crafting sophisticated LED-based technologies that illuminate and inform across... the globe. The company’s expertise lies in the meticulous design, development, and manufacturing of cutting-edge products, pushing the boundaries of visual communication and energy-efficient illumination. MIC Electronics serves a diverse clientele, from municipalities seeking to modernize their infrastructure to businesses looking to enhance their brand visibility. Their commitment to quality and technological advancement positions them as a key player in the rapidly evolving landscape of light-emitting diode applications. With a focus on durability, performance, and environmental responsibility, MIC Electronics continues to shape the future of visual and lighting experiences. The company's extensive product portfolio encompasses a wide array of outdoor lighting solutions, catering to various needs from large-scale urban projects to focused industrial applications. Their offerings include high-performance streetlights designed for optimal visibility and energy conservation, powerful floodlights illuminating expansive areas, and robust industrial lights engineered for demanding environments. Complementing this, they provide solar-powered LED lighting options, promoting sustainable practices and reducing carbon footprints. Beyond illumination, MIC Electronics also develops a comprehensive range of indoor and outdoor display systems, each designed to captivate audiences and deliver impactful messages. Their solutions cater to diverse requirements, from enhancing brand visibility to improving public communications and boosting sales. From vibrant indoor video screens and dynamic digital posters to captivating outdoor video walls and attention-grabbing digital billboards, MIC Electronics offers a spectrum of visual display products. Their ticker displays provide real-time information, while perimeter displays enhance the ambiance of sporting events and other gatherings. The company’s commitment to providing adaptable solutions ensures that clients receive customized products that perfectly align with their specific needs and objectives. MIC Electronics leverages its innovative engineering and design expertise to create impactful visual solutions that amplify communication, entertain, and inform across a broad range of sectors. Their commitment to quality and innovation solidifies their position as a leader in the visual communication industry.
Company Details
Key Leadership
Corporate Events
Latest News
MICEL Share Price: Frequently Asked Questions
What is the current share price of MIC Electronics Ltd?
MIC Electronics Ltd (MICEL) trades at ₹38.37 on NSE and BSE. Market cap ₹914.67 (Cr). Educational data only.
What is the P/E ratio of MIC Electronics Ltd?
MIC Electronics Ltd has a P/E of N/Ax vs industry average 25.64x.
What is the Bull Run score for MIC Electronics Ltd?
MIC Electronics Ltd has a Bull Run score of 29.2/100 based on 25+ financial parameters.
Does MIC Electronics Ltd pay dividends?
MIC Electronics Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.
What is the ROE of MIC Electronics Ltd?
MIC Electronics Ltd has ROE of -5.76%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of MIC Electronics Ltd?
MIC Electronics Ltd has debt-to-equity of 0.20.
Is MIC Electronics Ltd a good investment?
Bull Run gives MIC Electronics Ltd a score of 29.2/100. This is not investment advice — consult a SEBI-registered advisor.