Mirc Electronics Limited - Company Profile

Q: Who are the current directors of Mirc Electronics Limited?

The current directors of Mirc Electronics Limited are Mohita Arora, Prasad Arun Oak, Shirish Suvagia, Shirish Mohanbhai Suvagia, Nandini Mansinghka, Arvind Rajkishore Sharma, Kaval Gulu Mirchandani, Milind Chandrakant Pokle, Vijay Jaikrishin Mansukhani, Sasha Gulu Mirchandani, Shirish Mohanbhai Suvagia.

It is a consumer electronics & durables public limited company based in Mumbai, Maharashtra, India, established in 1981.

1981 Mumbai, Maharashtra, India Active

Last Updated: December 23, 2025

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About Mirc Electronics Limited

Mirc Electronics Limited, a active public limited company, was established on 01 January 1981 in Mumbai, Maharashtra, India. Engaging in electronics manufacturing within the manufacturing sector, it holds CIN: L32300MH1981PLC023637. Registered under ROC Roc Mumbai. it is listed on BSE: 500279 and NSE: MIRCELECTR. It has an authorized capital of ₹67.90 Cr and a paid-up capital of ₹36.94 Cr.

Formerly known as Mirc Electronics Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹1,112.67 Cr and a net worth of ₹190.85 Cr. Employing 561 professional, Its leadership includes Mohita Arora (Director), Prasad Arun Oak (Company Secretary), Shirish Mohanbhai Suvagia (Whole-Time Director). Past directors included Shyamsunder Dhoot, Sanjay Munshi, Carlton Gerard Pereira. It holds ₹776.91 Cr open charges and ₹1,101.42 Cr settled loans. Its latest AGM occurred on 18 August 2025, with the balance sheet filed on 31 March 2025. It is based at Onida House, G-1, Midc,, Mahakali Caves Road, Andheri (East),, Mumbai, Maharashtra, 400093.

Company Details

CIN/LLPIN
L32300MH1981PLC023637
Registration Number
023637
Incorporation Date
01 January 1981
Authorized Capital
₹67.90 Cr
Paid-Up Capital
₹36.94 Cr
ROC Code
Roc Mumbai
Listing Status
Listed (BSE: 500279, NSE: MIRCELECTR)
Company Status
Active

Key Metrics

Authorised Capital ₹ 67.90 Cr as on 23-12-2025
Paid Up Capital ₹ 36.94 Cr as on 23-12-2025
Company Age 45 Year, 1 Month
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 776.91 Cr as on 23-12-2025
Satisfied Charges ₹ 1,101.42 Cr as on 23-12-2025
Revenue Growth **** -7.08% (FY 2023)
Profit Growth **** 37.88% (FY 2023)
Ebitda **** -62.96% (FY 2023)
Net Worth -6.10% (FY 2023)
Total Assets -24.86% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Mirc Electronics Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Mirc Electronics Limited?

Current Directors

Name	Designation	Appointment Date	Status
Mohita Arora	Director	26 Jun 2020	Current
Prasad Arun Oak	Company Secretary	24 Dec 2021	Current
Shirish Mohanbhai Suvagia	Whole-Time Director	04 Apr 2023	Current
Nandini Mansinghka	Director	02 Nov 2023	Current
Arvind Rajkishore Sharma	Director	14 Nov 2016	Current
Kaval Gulu Mirchandani	Managing Director	26 May 2016	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Whole-Time Director	12 Feb 2019	Past
Pramod Abcsdd	Whole-Time Director	13 Feb 2020	Past
Pramod Abcsdd	Additional Director	03 Sep 2014	Past
Pramod Abcsdd	Cfo(Kmp)	-	Past
Pramod Abcsdd	Additional Director	24 Sep 2020	Past
Pramod Abcsdd	Additional Director	24 Sep 2020	Past

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Financial Performance of Mirc Electronics.

Mirc Electronics Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.08% decrease. The company also saw a substantial improvement in profitability, with a 37.88% increase in profit. The company's net worth dipped by a decrease of 6.1%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-7.08%

*******

Revenue from Operations

*******

-6.87%

*******

Total Assets

*******

-24.86%

*******

Profit or Loss

*******

37.88%

*******

Net Worth

*******

-6.10%

*******

EBITDA

*******

-62.96%

*******

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What is the Ownership and Shareholding Structure of Mirc Electronics?

In 2023, Mirc Electronics had a promoter holding of 53.36% and a public holding of 46.64%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹7,769,127,000.00

Satisfied Charges

₹11,014,160,000.00

Charges Breakdown by Lending Institutions

State Bank Of India : 632.20 Cr
Axis Bank Limited : 120.00 Cr
The Industrial Credit & Investment Corporation Of India Ltd. : 11.85 Cr
Canara Bank : 9.20 Cr
The Sakura Bank Ltd. : 1.30 Cr
Others : 2.36 Cr

Latest Charge Details

Date	Lender	Amount	Status
23 Aug 2021	Canara Bank	₹9.20 Cr	Open
09 Aug 2021	Idbi Bank Limited	₹1.12 Cr	Open
03 Aug 2021	State Bank Of India	₹6.70 Cr	Open
20 Nov 2018	State Bank Of India	₹115.00 Cr	Open
04 Jan 2012	Axis Bank Limited	₹45.00 Cr	Open

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How Many Employees Work at Mirc Electronics?

Mirc Electronics has a workforce of 561 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Mirc Electronics, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mirc Electronics's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Mirc Electronics

Recent Activity within the Organization

Charges

A charge registered on 13 Aug 2018 via Charge ID 100206183 with Others was fully satisfied on 15 Sep 2025. was recorded as a recent event.
15 Sep 2025
Annual General Meeting

Progress on Mirc Electronics Limited last Annual general meeting of members was held on 18 Aug 2025 as per latest MCA records. was documented.
18 Aug 2025
Charges

Progress on A charge with Others of Rs. 23.33 Cr registered on 13 Aug 2018 with Charge ID 100206183 was modified on 30 Jul 2025. was documented.
30 Jul 2025
Director Appointment

The activity Sasha Gulu Mirchandani was appointed as a Director was appointed as a Director on 20 May 2025 & has been associated with this company since 8 months 22 days . was completed.
20 May 2025
Balance Sheet

The activity Mirc Electronics Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.
31 Mar 2025
Director Appointment

Progress on Milind Chandrakant Pokle was appointed as a Director was appointed as a Director on 02 Sep 2024 & has been associated with this company since 1 year 5 months . was documented.
02 Sep 2024

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