Get 50% OFF This Summer!
MIC Electronics
No Data Available
No Stocks
Unlock Smart Score
See Detailed Analysis & Insights
Unlock Insights
See Detailed Analysis & Insights
No Research Report
ROE
Avg ROE (3 Yrs) : NaN%
ROCE
Avg ROCE (3 Yrs) : NaN%
ROA
Avg ROA (3 Yrs) : NaN%
NPM
Avg NPM (3 Yrs) : NaN%
No Data Available
Unlock Management Data
See Detailed Analysis & Insights
MIC Electronics Limited (MICEL), an ISO 9001: 2000 certified company was born as a brainchild of talented professionals at Vijayawada, Andhra Pradesh on 17th May 1988 to manufacture Electronic Display Systems. Now, MICEL is a global leader in the design, development & manufacturing of LED (Light Emitting Diode) Video Displays, high-end Electronic and Telecommunication equipment and development of Telecom software. It has marked presence in the highly dynamic domains of LED Video Display (indoor / outdoor / mobile), Graphics and Text Displays, LED Lighting Solutions, Embedded, System and Telecom software and Communication & Electronic Products. Headquartered at Hyderabad, the company has nation wide presence and to meet the demand of its products worldwide, it has offices in Australia, Dubai and USA.
As in the year of inception itself, MICEL made supply of Multi-colour & Multi-lingual LED Displays for On-line Train Information display to South Central Railways. During the year 1993, the company achieved Recognition from Ministry of Science & Technology for in house R&D unit. In the same year, stated to supply Multi-colour, Day & Night display to M/s Larsen & Toubro Limited for installation at Jawaharlal Nehru Stadium, Chennai. MICEL had revolutionized the 'Telecom software and IT services' by venturing into this domain in the year 1994 and also during the same year, MIC ventured into exports of its products and services in 1994, the first export of multi-colour LED Display System was made to Jeddah, Soudi Arabia. After three years, in 1997, the company made export activity of Multi-colour LED Display system to Alosetar, Kedah, Malaysia. During the period of 1999, MICEL had given its supply of 'Automated Fault Repair Service (198), a Computer Telephony solution' to Mahanagar Telephone Nigam Ltd, Delhi for 11 FRS sites.
M/s Satyam Computers Limited became the clientele of the company in the year 2000; MICEL had supplied the first LED Video (basic) Display for supply of solution to AP State government for the Public Information Display and also in the same year Phoenix Telecommunications was merged into the company. The Company bagged a national award for Best R & D in Electronics industry from Department for Scientific & Industrial Research (DSIR), Government of India, in the year 2002. MIC's Quality Management System had been in compliance with ISO-9001:2000 certification standards, since the year 2003. In the same year of 2003, the company made a supply of Digital Loop Carrier Systems to M/s Bharat Electronics Limited, Bangalore and installed & commissioned. During the year 2004, Supply of True-color Outdoor LED Video Display system was made to Gujarath Council of Science City, Gandhi Nagar. MICEL had started to export of Mobile Video Display to M/s Systec Retails Solutions Pty Ltd, Durban South Africa in the year of 2005 and also began on-shore software development contracts in the identical year of 2005.
During the year 2006, the company had acquired InfoSTEP Inc, USA, to foray into global IT services. MIC Electronics came out with an Initial Public Offerings to rise as much as Rs.76.5 crore in the April of the year 2007. In February 2008, the BOD of the company approved the acquisition of Power Electronics, and an entertainment company engaged in lighting solutions for digital theme parks. In March 2008, MICEL secured an order and license from Delhi Metro Rail Corporation for installation and maintenance of 25 nos. of full color day and night LED Video display boards at 8 metro stations of line-3 worth Rs 450 million. The Company forayed into the South American market in August of the year 2008 with the supply of perimeter display system to famous Barcelona Sports Club (B.S.C) at Guayaquil.
MIC Electronics share price reflects investor sentiment toward the company and is impacted by various factors such as financial performance, market trends, and economic conditions. Share price is an indicator which shows the current value of the company's shares at which buyers or sellers can transact.
Market capitalization of MIC Electronics indicates the total value of its outstanding shares. Marketcap is calculated by multiplying share price and outstanding shares of the company. It is a helpful metric for assessing the company's size and market Valuation. It also helps investors understand how MIC Electronics is valued compared to its competitors.
MIC Electronics PE ratio helps investors understand what is the market value of each stock compared to MIC Electronics 's earnings. A PE ratio higher than the average industry PE could indicate an overvaluation of the stock, whereas a lower PE compared to the average industry PE could indicate an undervaluation.
The PEG ratio of MIC Electronics evaluates its PE ratio in relation to its growth rate. A PEG ratio of 1 indicates a fair value, a PEG ratio of less than 1 indicates undervaluation, and a PEG ratio of more than 1 indicates overvaluation.
Return on Equity (ROE) measures how effectively MIC Electronics generates profit from shareholders' equity. A higher ROE of more than 20% indicates better financial performance in terms of profitability.
Return on Capital Employed (ROCE) evaluates the profitability of MIC Electronics in relation to its capital employed. In simple terms, ROCE provides insight to investors as to how well the company is utilizing the capital deployed. A high ROCE of more than 20% shows that the business is making profitable use of its capital.
Total debt of MIC Electronics shows how much the company owes to either banks or individual creditors. In simple terms, this is the amount the company has to repay. Total debt can be a very useful metric to show the financial health of the company. Total debt more than equity is considered to be a bad sign.
The Debt-to-Equity (DE) ratio of MIC Electronics compares its total debt to shareholders' equity. A higher Debt to Equity ratio could indicate higher financial risk, while a lower ratio suggests that the company is managing its debt efficiently.
CAGR shows the consistent growth rate of MIC Electronics over a specific period, whether it is over a month, a year, or 10 years. It is a key metric to evaluate the company’s long-term growth potential. Main metrics for which CAGR is calculated are net sales, net profit, operating profit, and stock returns.
Technical analysis of MIC Electronics helps investors get an insight into when they can enter or exit the stock. Key components of MIC Electronics Technical Analysis include:
There are usually multiple support levels, but the main support levels for a stock are S1, S2, S3. Support levels indicate price points where stock might get support from buyers, helping the stock stop falling and rise.
There are usually multiple resistance levels, but the main resistance levels for a stock are R1, R2, R3. Resistance levels represent price points where MIC Electronics shares often struggle to rise above due to selling pressure.
Dividends refer to the portion of the company’s profits distributed to its shareholders. Dividends are typically paid out in cash and reflect MIC Electronics ’s financial health and profitability.
Bonus shares are usually given by companies to make the stock more affordable, increase liquidity, boost investor confidence, and more.
Stock split increases the number of its outstanding shares by dividing each existing share into multiple shares. When the company offers a stock split, the face value of the stock reduces in the same proportion as the split ratio.
The financials of MIC Electronics provide a complete view to investors about its net sales, net profit, operating profits, expenses, and overall financial health. Investors can analyze financial data to assess the company’s stability and also understand how the company has been growing financially.
The profit and loss statement of MIC Electronics highlights its net sales, net profit, total expenditure, and operating profits in the current financial year. This Profit and Loss statement is crucial for evaluating the profitability and financial stability of MIC Electronics .
The balance sheet presents a snapshot of MIC Electronics ’s assets, liabilities, and equity of shareholders, providing insights into the financials of the company.
Cashflow statements track the company's cash inflows and outflows over a period. It is an essential tool for understanding how well the company manages its liquidity and finances.
Download the App