MIC Electronics Ltd (MICEL) — shareholding pattern, promoter holding, financials and share price
About MIC Electronics Ltd (MICEL)
MIC Electronics Ltd operates in the Other Industrial Products industry, within the Capital Goods sector. It trades on the NSE as MICEL and on the BSE under scrip code 532850. Its ISIN is INE287C01037.
Incorporated in 1988, MIC Electronics Ltd is in the business of LED Products, Medical & other appliances, and Automobiles (EVs) [1]
MIC Electronics Limited (MICEL) is a leader in designing and manufacturing LED displays, telecom equipment, and software solutions, catering to global markets.
It made an impactful entry by supplying multi-colour LED displays for Indian Railways and gaining R&D recognition from the Ministry of Science & Technology.
Listed peers in Other Industrial Products: Safe Enterprises Retail Fixtures Ltd, Emkay Tools Ltd, Shree Vasu Logistics Ltd, Mallcom (India) Ltd, ABS Marine Services Ltd, Iware Supplychain Services Ltd.
Valuation & Returns
10 Jul 2026At ₹37.32 a share on 10 Jul 2026, MIC Electronics Ltd (MICEL) was valued at a price-to-earnings ratio of -71.22x against an industry P/E of 37x and a price-to-book of 4.04x on a book value of ₹9.24 per share as of Mar 2025. Solomo computes return on equity of -5.67% and return on capital employed of 8.54% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- -71.22x
- Industry P/E
- 37x
- P/B
- 4.04x
- EPS (TTM)
- ₹-0.52
- Book value / share
- ₹9.24
- ROE
- -5.67%
- ROCE
- 8.54%
- ROA
- -4.02%
- Debt / equity
- 0.2x
- Dividend yield
- 0%
- EBITDA margin
- 13.86%
- 52-week range
- ₹30 – ₹82.82
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, MIC Electronics Ltd (MICEL) reported revenue of ₹191 crore, net profit of ₹-13 crore and earnings per share of ₹-0.52. That compares with revenue of ₹95 crore and net profit of ₹10 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹51 crore and net profit ₹-18 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 45 | 23 | 55 | 95 | 191 |
| Net profit (₹ cr) | 3 | 0 | 62 | 10 | -13 |
| EPS (₹) | 0.14 | 0.01 | 2.79 | 0.41 | -0.52 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | -9.25% | 119.53% | 28.23% | 73.65% |
| Profit growth | - | - | 48.30% | -84.10% |
| Stock price CAGR | 10% | 97% | 18% | -29% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 51.57% of MIC Electronics Ltd (MICEL) (down 0.13 pp QoQ), foreign institutional investors (FII) hold 5.58% and domestic institutional investors (DII) hold 0%. Promoters have pledged 2.2% of their holding. Market capitalisation was ₹899 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2010.
Largest disclosed public shareholders in Jun 2026: MAYBANK SECURITIES PTE LTD 4.43%, SAUMIK KETANKUMAR DOSHI 1.12%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 51.57% | 2.2% | 5.58% | 0% | 48.43% |
| Mar 2026 | 51.7% | 2.2% | 1.84% | 0% | 48.3% |
| Dec 2025 | 55.52% | - | 0.16% | 0% | 44.48% |
| Sep 2025 | 58.01% | - | 0.16% | - | 41.99% |
| Jun 2025 | 62.06% | - | 3.13% | 0% | 37.94% |
| Mar 2025 | 66.48% | - | 3.8% | 0% | 33.52% |
| Dec 2024 | 66.46% | - | 4.16% | 0% | 33.54% |
| Sep 2024 | 66.46% | - | 4.77% | - | 33.54% |