Mirc Electronics Share PriceMIRC Electronics

₹20.6
-0.2 (-0.96%)
As on 04 October, 2023 | 05:38 BSE: 500279 NSE: MIRCELECTRISIN: INE831A01028

Mirc Electronics Performance

Day Range

  • Low 19.8
  • High 21.6
20.6

52 Week Range

  • Low 11
  • High 24.75
20.6
  • Open Price20.8
  • Previous Close20.8
  • Volume474016

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Mirc Electronics Share Price

  • Over 1 Month -6.79%
  • Over 3 Month 17.38%
  • Over 6 Month 58.46%
  • Over 1 Year 23.35%

Mirc Electronics Key Statistics

P/E Ratio -24.9
PEG Ratio 0.5
Market Cap Cr 476
Price to Book Ratio 2.5
EPS -0.6
Dividend 0
Relative Strength Index 39.96
Money Flow Index 20.52
MACD Signal 0
Average True Range 0.64

Mirc Electronics Investment Rating

  • Master Rating:
  • Mirc Electronics (Nse) has an operating revenue of Rs. 948.50 Cr. on a trailing 12-month basis. An annual revenue de-growth of -7% needs improvement, Pre-tax margin of -1% needs improvement, ROE of -6% is poor and needs improvement. The company has a reasonable debt to equity of 6%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 50DMA and around 22% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. It has recently broken out of a base in its weekly chart but failed to keep its momentum and is trading around -13% from the pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 25 which is a POOR score indicating inconsistency in earnings, a RS Rating of 56 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 132 indicates it belongs to a poor industry group of Hsehold-Appliances/Wares and a Master Score of D is close to being the worst. Institutional holding has remained stable in the last reported quarter. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

MIRC Electronics Financials
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 183225271269345246
Operating Expenses Qtr Cr 187225271267341246
Operating Profit Qtr Cr -300140
Depreciation Qtr Cr 232222
Interest Qtr Cr 342323
Tax Qtr Cr 000000
Net Profit Qtr Cr -6-7-3-30-22
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 1,1131,198
Operating Expenses Annual Cr 1,1051,179
Operating Profit Annual in Cr 514
Depreciation Cr 98
Interest Annual Cr 1114
Tax Annual Cr 00
Net Profit Annual Cr -12-20
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -924
Cash from Investing Activity Annual Cr 83
Cash from Financing Annual Activity Cr -1-30
Net Cash Flow Annual Cr -2-2
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 191203
Fixed Assets Annual Cr 8793
Total Non Current Assets Annual Cr 142133
Total Current Assets Annual Cr 387572
Total Assets Annual Cr 529704
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 89
ROE Annual % -7-10
ROCE Annual % -15
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 12
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr
Operating Expenses Qtr Cr
Operating Profit Qtr Cr
Depreciation Qtr Cr
Interest Qtr Cr
Tax Qtr Cr
Net Profit Qtr Cr
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr
Operating Expenses Annual Cr
Operating Profit Annual in Cr
Depreciation Cr
Interest Annual Cr
Tax Annual Cr
Net Profit Annual Cr
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr
Cash from Investing Activity Annual Cr
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr
Fixed Assets Annual Cr
Total Non Current Assets Annual Cr
Total Current Assets Annual Cr
Total Assets Annual Cr
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs
ROE Annual %
ROCE Annual %
Total Debt to Total Equity Annual --
EBDIT Annual Margin %

Mirc Electronics Technicals

EMA & SMA

Current Price
₹20.6
-0.2 (-0.96%)
  • Bullish Moving Average
  • ___
  • 5
  • Bearish Moving Average
  • ___
  • 11
  • 20 Day
  • ₹21.67
  • 50 Day
  • ₹21.18
  • 100 Day
  • ₹19.66
  • 200 Day
  • ₹18.23
  • 20 Day
  • ₹22.4
  • 50 Day
  • ₹21.62
  • 100 Day
  • ₹18.88
  • 200 Day
  • ₹17.02

Mirc Electronics Resistance and Support

PIVOT
₹20.67
Resistance
First Resistance ₹21.54
Second Resistance ₹22.47
Third Resistance ₹23.34
RSI 39.96
MFI 20.52
MACD -0.3
Support
First Resistance ₹19.74
Second Resistance ₹18.87
Third Resistance ₹17.94

Mirc Electronics Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 592,629 59,262,900 100
Week 425,498 42,549,825 100
1 Month 494,315 49,431,510 100
6 Month 1,058,805 70,770,536 66.84

Mirc Electronics Result Highlights

MIRC Electronics Synopsis

NSE-Hsehold-Appliances/Wares

Mirc Electronics is involved in the business activities of Manufacture of consumer electronics. Company’s Total Operating Revenue is Rs. 1110.23 Cr. and Equity Capital is Rs. 23.11 Cr. for the Year ended 31/03/2023. MIRC Electronics Ltd. is a Public Limited Listed company incorporated on 01/01/1981 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L32300MH1981PLC023637 and registration number is 023637.
Market Cap 476
Sales 948
Shares in Float 10.85
No of funds 13
Yield
Book Value 2.49
U/D Vol ratio 1.4
LTDebt / Equity 6
Alpha -0.04
Beta 1.78

MIRC Electronics

Owner NameJun-23Mar-23Dec-22
Promoters 53.36%53.36%53.36%
Mutual Funds
Foreign Portfolio Investors 1.06%1.06%1.02%
Financial Institutions/ Banks
Individual Investors 37.98%38.28%38.47%
Others 7.6%7.3%7.15%

MIRC Electronics Management

Name Designation
Mr. Gulu L Mirchandani Chairman & Managing Director
Mr. Vijay J Mansukhani Managing Director
Mr. Kaval Mirchandani Whole Time Director
Mr. Shirish Suvagia WholeTime Director & CFO
Mr. Rafique Malik Independent Director
Mr. Carlton Pereira Independent Director
Mr. Arvind Sharma Independent Director
Ms. Mohita Arora Independent Director

Mirc Electronics Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Mirc Electronics Corporate Action

Date Purpose Remarks
2023-08-10 Quarterly Results
2023-05-26 Audited Results
2023-02-09 Quarterly Results
2022-11-11 Quarterly Results
2022-08-05 Quarterly Results
  • Company Name
  • CMP
  • Chg(%)
  • Company Name
  • CMP
  • Chg(%)

MIRC Electronics FAQs

What is Share Price of MIRC Electronics ?

MIRC Electronics share price is ₹20 As on 04 October, 2023 | 05:24

What is the Market Cap of MIRC Electronics ?

The Market Cap of MIRC Electronics is ₹475.8 Cr As on 04 October, 2023 | 05:24

What is the P/E ratio of MIRC Electronics ?

The P/E ratio of MIRC Electronics is -24.9 As on 04 October, 2023 | 05:24

What is the PB ratio of MIRC Electronics ?

The PB ratio of MIRC Electronics is 2.5 As on 04 October, 2023 | 05:24

Q2FY23