MIC Electronics quarterly results and financials

MIC Electronics (MICEL)₹39.86−0.85%(9 Nov 2026 close)Other Industrial Products

Key facts

In the Jun 2026 quarter (consolidated), MIC Electronics reported sales of ₹43.90 Cr, up 276.5% from Jun 2025, and net profit of ₹2.12 Cr, up 27.7% year on year. For the year to Mar 2026, sales were ₹192 Cr and net profit −₹12.98 Cr.

Sales (Jun 2026): ₹43.90 Cr
Net profit (Jun 2026): ₹2.12 Cr
Sales (FY Mar 2026): ₹192 Cr
Net profit (FY Mar 2026): −₹12.98 Cr
EPS (Jun 2026): ₹0.10
Borrowings (Mar 2026): ₹44.11 Cr

Company filings, consolidated accounts; latest reported quarter Jun 2026

MIC Electronics quarterly results

₹ crore unless stated; each column is a quarter.

MIC Electronics Quarterly results
	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	10.35	17.55	23.04	10.75	27.58	11.79	45.03	11.66	38.06	90.55	51.03	43.90
Expenses	7.30	14.85	17.48	8.10	23.72	8.27	36.39	7.47	33.96	85.98	37.33	39.31
Operating Profit	2.98	2.58	5.39	2.58	3.62	3.44	8.32	4.09	3.80	3.96	13.29	4.24
OPM %	29.0%	14.8%	23.5%	24.1%	13.2%	29.3%	18.6%	35.3%	10.0%	4.4%	26.3%	9.7%
Other Income	6.75	0.81	0.85	0.21	0.22	0.48	0.30	0.13	0.52	0.14	0.34	0.21
Interest	0.49	0.36	0.43	0.47	1.36	1.39	1.43	1.68	1.27	1.31	1.83	1.40
Depreciation	0.37	0.36	0.36	0.38	0.38	0.38	0.43	0.90	0.90	0.93	0.93	0.95
Profit before tax	8.95	2.72	5.50	1.97	2.14	2.18	6.84	1.68	2.18	1.89	11.00	2.14
Tax %	1.2%	0.0%	−804.9%	0.0%	0.0%	0.0%	47.6%	0.0%	0.0%	0.0%	267.4%	0.0%
Exceptional items	6.63	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit	8.79	2.70	49.47	1.96	2.12	2.16	3.56	1.66	2.16	1.87	−18.32	2.12
EPS (Rs)	0.38	0.13	2.25	0.09	0.10	0.10	0.16	0.08	0.10	0.09	−0.77	0.10

MIC Electronics profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

MIC Electronics Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	208	219	160	5.02	2.01	1.01	45.14	23.07	55.19	95.39	192	224
Expenses	163	215	162	24.91	18.94	2.99	37.89	20.94	41.84	75.79	164	197
Operating Profit	43.86	1.99	−3.99	−19.92	−16.93	−1.99	6.98	1.99	11.95	17.92	24.89	25.29
OPM %	20.9%	1.0%	−2.7%	−407.1%	−919.0%	−150.0%	15.0%	7.0%	23.0%	18.9%	13.0%	11.3%
Other Income	−192	1.99	−94.70	0.00	0.99	2.99	0.99	1.99	8.97	0.99	0.99	1.21
Interest	0.00	29.05	24.03	0.00	0.00	0.00	2.01	1.01	2.01	5.01	6.01	5.81
Depreciation	7.99	7.99	7.99	7.99	8.01	6.99	3.01	2.01	1.99	1.99	4.01	3.71
Profit before tax	−158	−32.12	−133	−27.09	−24.10	−5.02	3.01	0.00	18.08	13.05	17.06	17.21
Tax %	−29.0%	9.0%	46.0%	0.0%	0.0%	0.0%	0.0%	0.0%	−249.0%	25.0%	176.0%	—
Exceptional items	−196	0.00	−52.06	0.00	0.00	0.00	0.00	0.00	7.01	0.00	0.00	0.00
Net Profit	−111	−34.92	−191	−26.97	−23.94	−4.99	2.99	0.00	61.86	9.98	−12.98	−12.17
EPS (Rs)	−6.68	−1.59	−8.70	−1.26	−1.10	−0.26	0.15	0.02	2.80	0.42	−0.53	−0.48
Dividend payout %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—

MIC Electronics balance sheet

₹ crore, at each year end.

MIC Electronics Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	24.08	33.09	44.08	44.06	44.03	44.05	44.04	44.09	44.10	44.15	48.16	48.17
Reserves	286	198	68.85	−121	−148	−172	−38.89	17.97	18.97	78.13	174	168
Borrowings	161	157	104	117	117	135	32.96	7.99	17.00	12.03	48.13	44.11
Other Liabilities	123	98.47	126	160	165	154	26.89	4.02	8.04	7.03	43.21	94.45
Total Liabilities	594	487	342	200	178	161	65.00	75.07	87.11	141	315	355
Fixed Assets	128	120	92.91	89.99	81.95	75.04	45.97	46.99	43.02	25.97	46.99	46.99
CWIP	17.02	17.02	7.01	2.01	2.01	2.01	0.00	5.01	10.01	0.00	2.01	0.00
Investments	5.99	6.99	6.99	6.99	6.99	7.99	7.99	0.00	0.00	0.00	0.00	0.00
Other Assets	443	342	237	102	87.22	76.21	11.04	23.07	34.08	115	266	308
Inventories	192	75.01	114	50.99	50.07	50.03	2.01	8.01	16.02	8.01	16.02	29.03
Trade receivables	108	93.58	33.85	33.86	18.94	9.97	3.98	0.99	2.99	24.92	83.63	195
Cash & equivalents	2.01	2.01	2.01	2.01	2.01	1.01	1.01	1.01	1.01	8.01	14.02	11.02
Total Assets	594	487	342	200	178	161	65.00	75.07	87.11	141	315	355

MIC Electronics cash flow

₹ crore, for each year.

MIC Electronics Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	−32.08	−22.05	−22.04	33.05	—	1.01	−146	−58.12	−5.01	−13.02	−49.11	3.01
Cash from investing activity	10.97	0.00	−0.99	0.00	—	−0.99	19.91	−8.97	−4.98	18.94	−66.72	−2.99
Cash from financing activity	21.02	0.00	22.03	−33.07	—	0.00	126	66.12	10.01	−5.01	122	−6.01
Net cash flow	0.00	−22.09	−1.01	0.00	—	0.00	0.00	0.00	0.00	1.01	6.02	−6.02
Capex	0.00	0.00	0.00	4.98	0.00	0.00	0.00	3.65	2.74	0.00	24.33	2.60
Free cash flow	−22.97	−21.96	−22.97	32.96	—	0.99	−123	−65.94	−8.99	2.99	−72.91	0.99
CFO / OP %	−279.9%	55.1%	−866.9%	−2,147.0%	—	−4.0%	8,889.1%	−865.0%	−295.9%	−103.0%	−266.9%	13.1%

MIC Electronics ratios

Working-capital days and returns, by year.

MIC Electronics Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	261	166	56	77	1,465	1,865	1,325	10	44	168	323	374
Inventory days	547	185	242	135	7,085	30,642	973	97	384	102	101	78
Days payable	190	149	84	150	8,344	37,323	817	6	14	42	245	174
Cash conversion cycle	618	201	214	62	206	−4,815	1,480	101	414	228	180	278
Working capital days	288	17	−41	−430	−15,612	−43,259	−8,166	109	162	235	315	203
ROCE %	1.0%	9.0%	−1.0%	−8.0%	−101.9%	−242.0%	−24.0%	9.1%	1.0%	12.1%	9.0%	9.0%

MIC Electronics: frequently asked questions

What are the latest quarterly results of MIC Electronics?

For the Jun 2026 quarter, MIC Electronics reported sales of ₹43.90 Cr, up 276.5% year on year and net profit of ₹2.12 Cr, up 27.7% year on year. The operating margin was 9.7%.

What is the annual revenue of MIC Electronics?

MIC Electronics' sales for the year to Mar 2026 were ₹192 Cr; over the last twelve months they were ₹224 Cr.

What is the net profit of MIC Electronics?

Net profit for the year to Mar 2026 was −₹12.98 Cr, and −₹12.17 Cr over the last twelve months. Earnings per share over the same trailing period were ₹−0.48.

How much debt does MIC Electronics have?

MIC Electronics reported borrowings of ₹44.11 Cr at Mar 2026, against cash and equivalents of ₹11.02 Cr.

What is the free cash flow of MIC Electronics?

Cash from operations was ₹3.01 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹0.99 Cr.

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