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 ₹29.97, down 4.97% on NSE/BSE as of 30 March 2026. MIC Electronics Ltd (MICEL) is a Small-cap company in the Other Industrial Products sector with a market capitalisation of ₹1.16K (Cr). The 52-week high for MICEL share price is ₹82.97 and the 52-week low is ₹31.17. At a P/E ratio of 120.99x, MICEL is currently trading above its industry average P/E of 28.18x. The company has a Return on Equity (ROE) of 5.57% and a debt-to-equity ratio of 0.20.
MIC Electronics Ltd Share Price Chart — NSE/BSE Historical Performance
Returns & Performance
ROE
ROCE
OPM (5Y)
Div Yield
MIC Electronics Ltd Valuation Check
P/E Ratio
Industry P/E
Market Cap
Growth Engine
Profit Growth (Q)
Sales Growth (Q)
Sales Growth (5Y)
EPS Growth (5Y)
Profit Growth (5Y)
Balance Sheet Health
Debt to Equity
Int. Coverage
Free Cash Flow (5Y)
Shareholding
Promoter
FII
DII
Pledged
Institutional Deep-Dive
Bull Run Research Hub
MIC Electronics Share Price: A Conservative Investor's Perspective
For a conservative value investor focused on capital preservation, evaluating the MIC Electronics share price requires a cautious approach. Within the Other Industrial Products sector, a key insight is the heightened volatility and cyclical nature of demand. Many companies face inconsistent order flows and require strong working capital management to navigate economic downturns. This makes financial stability and efficient capital allocation paramount when selecting investments.
At a price of ₹40.09, MIC Electronics Ltd presents a mixed picture. The Price-to-Earnings (PE) ratio of 120.99 is significantly elevated, suggesting the market has priced in substantial future growth. From a value perspective, this raises concerns about overvaluation. A high PE can indicate that the market's expectations are overly optimistic, leaving little margin of safety for investors if the company's future performance doesn't meet those expectations.
The Return on Capital Employed (ROCE) of 8.71% is a critical metric. While positive, it's crucial to assess whether this ROCE is sustainable and sufficient to create a strong economic moat. A higher ROCE generally indicates a more efficient use of capital and potentially a wider moat. However, 8.71% warrants further investigation to determine if it’s adequate to ward off competition and sustain profitability over the long term. A higher and more consistent ROCE, say above 15%, would offer greater reassurance.
When considering management quality, a comparison with peers like
AMEYA PRECISION EN is insightful. Observing how Ameya Precision Engineers allocate capital, manage debt, and respond to market challenges can provide valuable context for evaluating MIC Electronics Ltd's management team. For example, has AMEYA PRECISION EN management maintained stronger cash reserves during downturns or executed acquisitions more effectively? These observations can influence confidence in MIC Electronics' ability to navigate future headwinds.This analysis is part of a comprehensive 80-parameter fundamental audit, verified by Sweta Mishra, designed to identify potential risks and opportunities. It is an observational assessment and should not be considered investment advice. I am not recommending a buy, sell, or hold position on MIC Electronics share price. Investors should conduct thorough due diligence and consult with a qualified financial advisor before making any investment decisions.
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
8 factors identified
Strong Operating Margins (17.08%)
Observation: Healthy 5-year operating margins indicate pricing power and cost control.
Analysis: OPM >15% suggests operational efficiency and competitive advantages.
Strong Revenue Growth (37.98%)
Observation: Healthy sales growth indicates market demand and execution capability.
Analysis: Revenue growth >15% suggests strong market position and growth potential.
Consistent Growth Track Record (119.49% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Excellent EPS Growth (18.80% CAGR)
Observation: Outstanding 5-year earnings per share compound growth.
Analysis: EPS CAGR >15% indicates strong wealth creation potential.
Strong Profit Growth Track Record (19.14% CAGR)
Observation: Consistent 5-year profit compound annual growth rate.
Analysis: Profit CAGR >15% demonstrates scalable business 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 (58.01%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
6 factors identified
Below-Average Return on Equity (5.57%)
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 (8.71%)
Observation: Returns on capital employed are below expectations.
Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.
Premium Valuation Risk (P/E: 120.99x)
Observation: High valuation multiples may limit upside potential.
Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.
Negative Free Cash Flow (₹-267.14 Cr over 5Y)
Observation: Cash outflows exceed inflows.
Analysis: Negative FCF requires analysis of capital expenditure cycle.
Limited Institutional Interest (FII+DII: 0.16%)
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 Financial Statements
Comprehensive financial data for MIC Electronics Ltd including income statement, balance sheet and cash flow
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 (MICEL)?
As of 30 Mar 2026, 12:06 pm IST, MIC Electronics Ltd share price is ₹29.97. The MICEL stock has a market capitalisation of ₹1.16K (Cr) on NSE/BSE.
Is MICEL share price Overvalued or Undervalued?
MICEL share price is currently trading at a P/E ratio of 120.99x, compared to the industry average of 28.18x. Based on this relative valuation, the MIC Electronics Ltd stock appears to be Overvalued against its sector peers.
What is the 52-week high and low of MICEL share price?
The 52-week high of MICEL share price is ₹82.97 and the 52-week low is ₹31.17. These values are updated daily from NSE/BSE price data.
What factors affect the MIC Electronics Ltd share price?
Key factors influencing MICEL share price include quarterly earnings growth (Sales Growth: 37.98%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).
Is MIC Electronics Ltd a good stock for long-term investment?
MIC Electronics Ltd shows a 5-year Profit Growth of 19.14% and an ROE of 5.57%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.20 before investing in MICEL shares.
How does MIC Electronics Ltd compare with its industry peers?
MIC Electronics Ltd competes with major peers in the Other Industrial Products. Investors should compare MICEL share price P/E of 120.99x and ROE of 5.57% against the industry averages to determine competitive standing.
What is the P/E ratio of MICEL and what does it mean?
MICEL share price has a P/E ratio of 120.99x compared to the industry average of 28.18x. Investors pay ₹121 for every ₹1 of annual earnings.
How is MICEL performing according to Bull Run's analysis?
MICEL has a Bull Run fundamental score of 47/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.
What sector and industry does MICEL belong to?
MICEL operates in the Other Industrial Products industry. This classification helps understand the competitive landscape and sector-specific trends affecting MIC Electronics Ltd share price.
What is Return on Equity (ROE) and why is it important for MICEL?
MICEL has an ROE of 5.57%, which suggests challenges in generating returns from shareholders equity. ROE measures how efficiently MIC Electronics Ltd generates profits from shareholders capital.
How is MICEL debt-to-equity ratio and what does it indicate?
MICEL has a debt-to-equity ratio of 0.20, which indicates conservative financing with low financial risk.
What is MICEL dividend yield and is it a good dividend stock?
MICEL offers a dividend yield of 0.00%, meaning you receive ₹0.00 annual dividend for every ₹100 invested in MIC Electronics Ltd shares.
How has MICEL share price grown over the past 5 years?
MICEL has achieved 5-year growth rates of: Sales Growth 119.49%, Profit Growth 19.14%, and EPS Growth 18.80%.
What is the promoter holding in MICEL and why does it matter?
Promoters hold 58.01% of MICEL shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in MIC Electronics Ltd.
What is MICEL market capitalisation category?
MICEL has a market capitalisation of ₹1159 crores, placing it in the Small-cap category.
How volatile is MICEL stock?
MICEL has a beta of N/A. A beta > 1 suggests the MIC Electronics Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.
What is MICEL operating profit margin trend?
MICEL has a 5-year average Operating Profit Margin (OPM) of 17.08%, indicating the company's operational efficiency.
How is MICEL quarterly performance?
Recent quarterly performance shows MIC Electronics Ltd YoY Sales Growth of 37.98% and YoY Profit Growth of 1.88%.
What is the institutional holding pattern in MICEL?
MICEL has FII holding of 0.16% and DII holding of 0.00%. Significant institutional holding often suggests professional confidence in the MIC Electronics Ltd stock.