MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-TS-20-0042389
Mic Electronics Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Active Listed - NSE: MICEL · BSE: 532850 Public Limited Company information technology MSME · Medium
Market Cap
₹1,133 Cr
MICEL · NSE
Share Price
₹39.28
+3.23% today
Revenue
₹191 Cr
FY 2025-26 · +101.1% YoY
EBITDA
₹25.54 Cr
Margin 13.4%
Net Profit
−₹12.65 Cr
FY 2025-26 · -234.0% YoY
Debt / Equity
0.21
Interest cover 29.1x
Authorised capital
₹90 Cr
Registered with MCA
Paid-up capital
₹59.58 Cr
Issued & subscribed
About Mic Electronics Limited
Data last updated:
Mic Electronics Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 17 May 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN L31909TG1988PLC008652. Its GSTIN is 36AABCM3693B1ZN (Telangana). The company holds 12 GST registrations, of which 3 are active. Its shares are listed on BSE: 532850 and NSE: MICEL.
The company has an authorised share capital of ₹90 Cr and a paid-up capital of ₹59.58 Cr. It was formerly known as Mic Electronics Private Limited. It is led by directors including Kaushik Yalamanchili (Managing Director) and Sivanand Swamy Mitikiri (Whole-Time Director).
Its last annual general meeting (AGM) was held on 16 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Plot No. 192/B Phase – II Ida Cherlapally, Hyderabad, Telangana, India – 500051.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹190.52 Cr, a growth of 101.1% compared to the previous year. For the same year it recorded a net loss of ₹12.65 Cr (net margin -6.6%) and EBITDA of ₹25.54 Cr (EBITDA margin 13.4%). The net worth stands at ₹216.22 Cr (down 2.9% YoY). Total assets are valued at ₹261.98 Cr (down 3.3% YoY).
The company has about 46 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 3 brands: MIC Electronics, MIC India and MIC Electronics. As per MCA filings, the company has open charges of ₹68.83 Cr and satisfied charges of ₹380.45 Cr on record. Court records list 199 cases involving the company, including 55 filed by the company and 144 filed against it; 24 cases are pending. The company has 95 deals on record (92 market trades, 1 qip, 1 ipo); the latest was in June 2026. Its 4 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 1 larger and 3 smaller; the largest is Nipa International Private Limited with revenue of ₹96.22 Cr.
Mic Electronics Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-20-0042389). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website micelectronics.com.
Company details
CIN L31909TG1988PLC008652
Registration Number 008652
Incorporation Date 17 May 1988
ROC Hyderabad
Listing Status Listed (BSE: 532850, NSE: MICEL)
Company Status Active
Date of Last AGM 16 September 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TS-20-0042389
CIN history
Mic Electronics has one previous CIN (Corporate Identification Number): L31909AP1988PLC008652. The current CIN is L31909TG1988PLC008652, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L31909TG1988PLC008652 | Current |
| L31909AP1988PLC008652 | Previous |
Key People
Kaushik Yalamanchili Managing Director Sivanand Swamy Mitikiri Whole-Time Director Siva Kakarala Lakshmanarao Director Recognitions & Rankings of Mic Electronics
Contact details
Mic Electronics Limited's registered office is in Hyderabad, Telangana. Its website is micelectronics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 192/B Phase – II Ida Cherlapally, Hyderabad, Telangana, India – 500051
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Mic Electronics Limited, buy the company report.
Comprehensive company report
Mic Electronics Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Mic Electronics operates multiple associated brands including MIC Electronics, MIC India, and MIC Electronics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of LED products | mic.in | |
| Designer, development, and manufacturing of LED video displays, electronic and telecommunication solutions | mic.co.in | |
| Contract manufacturing and supply of electronic products are provided. | micelectronics.com |
Business activity
The main business activity of Mic Electronics is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Mic Electronics Limited, buy the company report.
Financials of Mic Electronics Limited
FY 2025-26 filings availableMic Electronics Limited reported revenue of ₹190.52 Cr (up 101.1% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹191 Cr
+101.1% YoY
EBITDA
₹25.54 Cr
+39.9% YoY
Profit After Tax
−₹12.65 Cr
-234.0% YoY
Net Worth
₹216 Cr
-2.9% YoY
Total Assets
₹262 Cr
-3.3% YoY
Total Debt
₹44.19 Cr
-7.8% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 191 | 94.76 | 54.57 | 22.91 | 44.95 | 1.09 | 1.86 |
| Revenue growth | +101.1% | +73.7% | +138.2% | -49.0% | +4023.9% | -41.4% | - |
| EBITDA | 25.54 | 18.26 | 12.48 | 1.50 | 6.69 | (1.65) | (17.09) |
| EBITDA margin | +13.4% | +19.3% | +22.9% | +6.6% | +14.9% | -151.4% | -918.8% |
| Profit before tax | 16.66 | 13.06 | 17.73 | 0.27 | 3.04 | (5.42) | (23.95) |
| Net profit | (12.65) | 9.44 | 54.86 | 0.27 | 3.03 | (5.42) | (23.95) |
| Net profit margin | -6.6% | +10.0% | +100.5% | +1.2% | +6.7% | -497.3% | -1287.6% |
| EPS (₹) | (0.52) | 0.41 | 2.79 | 0.01 | 0.14 | (0.25) | (1.09) |
| Balance sheet | |||||||
| Total assets | 262 | 271 | 134 | 80.74 | 71.73 | 37.86 | 8.90 |
| Net worth | 216 | 223 | 122 | 63.02 | 62.78 | 5.01 | (128) |
| Total debt | 44.19 | 47.91 | 11.65 | 16.56 | 7.88 | 32.85 | 135 |
| Cash & bank | 10.95 | 13.85 | 7.74 | 0.95 | 0.97 | 1.01 | 1.35 |
| Net working capital | 151 | 131 | 54.17 | 25.84 | 19.75 | (16.61) | (84.46) |
| Cash flow | |||||||
| Cash from operations | 3.02 | (48.67) | (12.87) | (4.61) | (57.58) | (146) | 0.66 |
| Cash from investing | (2.87) | (67.19) | 18.65 | (4.97) | (8.61) | 20.47 | (0.70) |
| Cash from financing | (6.50) | 122 | (5.23) | 9.81 | 66.23 | 126 | 0.03 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 43.72 | 50.79 | 90.23 | 37.89 | 11.61 | 44.85 | 11.75 | 27.46 |
| Revenue growth (YoY) | +276.6% | +13.2% | +667.9% | +38.0% | +8.4% | - | - | - |
| Other income | 0.22 | 0.35 | 0.15 | 0.53 | 0.14 | 0.31 | 0.49 | 0.23 |
| EBITDA | 4.27 | 13.35 | 3.97 | 3.81 | 4.11 | 8.37 | 3.45 | 3.64 |
| EBITDA margin | +9.8% | +26.3% | +4.4% | +10.1% | +35.4% | +18.7% | +29.4% | +13.3% |
| Depreciation | 0.96 | 0.92 | 0.94 | 0.91 | 0.91 | 0.44 | 0.39 | 0.39 |
| Interest | 1.39 | 1.82 | 1.30 | 1.26 | 1.67 | 1.42 | 1.38 | 1.35 |
| Profit before tax | 2.14 | 10.96 | 1.88 | 2.17 | 1.67 | 6.82 | 2.17 | 2.13 |
| Tax | 0.00 | 29.31 | 0.00 | 0.00 | 0.00 | 3.24 | 0.00 | 0.00 |
| Net profit | 2.14 | (18.35) | 1.88 | 2.17 | 1.67 | 3.58 | 2.17 | 2.13 |
| EPS (₹) | 0.09 | (0.76) | 0.08 | 0.09 | 0.07 | 0.14 | 0.09 | 0.09 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 87.28 | 61.73 | 54.57 | 5.89 | 31.14 | 1.09 | 1.86 |
| Revenue growth | +41.4% | +13.1% | +826.5% | -81.1% | +2756.9% | -41.4% | - |
| EBITDA | 25.05 | 18.25 | 12.48 | 0.79 | 5.67 | (1.65) | (17.09) |
| EBITDA margin | +28.7% | +29.6% | +22.9% | +13.4% | +18.2% | -151.4% | -918.8% |
| Profit before tax | 16.21 | 13.03 | 17.73 | 0.15 | 2.80 | (5.42) | (23.94) |
| Net profit | (13.10) | 9.41 | 54.86 | 0.15 | 2.80 | (5.42) | (23.94) |
| Net profit margin | -15.0% | +15.2% | +100.5% | +2.6% | +9.0% | -497.3% | -1287.1% |
| EPS (₹) | (0.54) | 0.41 | 2.79 | 0.01 | 0.13 | (0.25) | (1.09) |
| Balance sheet | |||||||
| Total assets | 254 | 270 | 134 | 70.84 | 61.04 | 30.62 | 1.44 |
| Net worth | 208 | 222 | 122 | 60.12 | 59.97 | (2.23) | (135) |
| Total debt | 44.19 | 47.91 | 11.65 | 10.56 | 1.00 | 32.85 | 135 |
| Cash & bank | 10.74 | 13.70 | 7.74 | 0.91 | 0.95 | 1.01 | 1.35 |
| Net working capital | 91.45 | 78.53 | 54.17 | 21.99 | 13.63 | (16.33) | (84.15) |
| Cash flow | |||||||
| Cash from operations | 3.82 | 2.46 | (12.87) | (6.47) | (58.36) | (146) | 0.03 |
| Cash from investing | (3.07) | (118) | 18.65 | (3.13) | (0.40) | 20.25 | (0.07) |
| Cash from financing | (7.18) | 122 | (5.23) | 9.81 | 58.77 | 126 | 0.03 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 12.29 | 50.79 | 12.63 | 12.24 | 11.61 | 28.07 | 11.75 | 11.20 |
| Revenue growth (YoY) | +5.9% | +80.9% | +7.5% | +9.3% | +8.4% | - | - | - |
| Other income | 0.22 | 0.35 | 0.15 | 0.53 | 0.14 | 0.31 | 0.49 | 0.21 |
| Total expenses | 8.40 | 37.51 | 9.15 | 8.39 | 7.50 | 19.72 | 8.30 | 7.56 |
| EBITDA | 3.89 | 13.28 | 3.48 | 3.85 | 4.11 | 8.35 | 3.45 | 3.64 |
| EBITDA margin | +31.7% | +26.1% | +27.6% | +31.5% | +35.4% | +29.7% | +29.4% | +32.5% |
| Depreciation | 0.96 | 0.92 | 0.91 | 0.91 | 0.91 | 0.44 | 0.39 | 0.39 |
| Interest | 1.39 | 1.82 | 1.29 | 1.26 | 1.67 | 1.42 | 1.38 | 1.35 |
| Profit before tax | 1.76 | 10.89 | 1.43 | 2.21 | 1.67 | 6.80 | 2.17 | 2.11 |
| Tax | 0.00 | 29.31 | 0.00 | 0.00 | 0.00 | 3.24 | 0.00 | 0.00 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 43.72 | 50.79 | 90.23 | 37.89 | 11.61 | 44.85 | 11.75 | 27.46 |
| Revenue growth (YoY) | +276.6% | +13.2% | +667.9% | +38.0% | +8.4% | - | - | - |
| Other income | 0.22 | 0.35 | 0.15 | 0.53 | 0.14 | 0.31 | 0.49 | 0.23 |
| EBITDA | 4.27 | 13.35 | 3.97 | 3.81 | 4.11 | 8.37 | 3.45 | 3.64 |
| EBITDA margin | +9.8% | +26.3% | +4.4% | +10.1% | +35.4% | +18.7% | +29.4% | +13.3% |
| Depreciation | 0.96 | 0.92 | 0.94 | 0.91 | 0.91 | 0.44 | 0.39 | 0.39 |
| Interest | 1.39 | 1.82 | 1.30 | 1.26 | 1.67 | 1.42 | 1.38 | 1.35 |
| Profit before tax | 2.14 | 10.96 | 1.88 | 2.17 | 1.67 | 6.82 | 2.17 | 2.13 |
| Tax | 0.00 | 29.31 | 0.00 | 0.00 | 0.00 | 3.24 | 0.00 | 0.00 |
| Net profit | 2.14 | (18.35) | 1.88 | 2.17 | 1.67 | 3.58 | 2.17 | 2.13 |
| EPS (₹) | 0.09 | (0.76) | 0.08 | 0.09 | 0.07 | 0.14 | 0.09 | 0.09 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 191 | 94.76 | 54.57 | 22.91 | 44.95 | 1.09 | 1.86 |
| Revenue growth | +101.1% | +73.7% | +138.2% | -49.0% | +4023.9% | -41.4% | - |
| Other income | 1.16 | 1.24 | 8.61 | 1.94 | 1.31 | 3.14 | 1.00 |
| Total expenses | 165 | 76.50 | 42.09 | 21.41 | 38.26 | 2.74 | 18.95 |
| Employee cost | 8.83 | 6.38 | 5.12 | 3.21 | 3.02 | 0.63 | 2.38 |
| EBITDA | 25.54 | 18.26 | 12.48 | 1.50 | 6.69 | (1.65) | (17.09) |
| EBITDA margin | +13.4% | +19.3% | +22.9% | +6.6% | +14.9% | -151.4% | -918.8% |
| Depreciation | 3.68 | 1.61 | 1.54 | 2.37 | 2.91 | 6.82 | 7.53 |
| Interest | 6.36 | 4.83 | 1.82 | 0.80 | 2.05 | 0.09 | 0.33 |
| Profit before tax | 16.66 | 13.06 | 17.73 | 0.27 | 3.04 | (5.42) | (23.95) |
| Tax | 29.31 | 3.24 | (44.11) | 0.00 | 0.01 | 0.00 | 0.00 |
| Net profit | (12.65) | 9.44 | 54.86 | 0.27 | 3.03 | (5.42) | (23.95) |
| Net profit margin | -6.6% | +10.0% | +100.5% | +1.2% | +6.7% | -497.3% | -1287.6% |
| EPS (₹) | (0.52) | 0.41 | 2.79 | 0.01 | 0.14 | (0.25) | (1.09) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 48.20 | 48.20 | 44.29 | 44.29 | 44.29 | 44.05 | 44.05 |
| Reserves & surplus | 168 | 174 | 77.67 | 18.73 | 18.49 | (97.43) | (230) |
| Shareholders' funds (net worth) | 216 | 223 | 122 | 63.02 | 62.78 | 5.01 | (128) |
| Minority interest | 0.55 | 0.00 | 0.00 | 1.00 | 1.00 | 0.00 | 0.00 |
| Secured loans | 44.19 | 47.91 | 11.65 | 16.56 | 7.88 | 5.07 | 90.50 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 27.78 | 44.14 |
| Total debt | 44.19 | 47.91 | 11.65 | 16.56 | 7.88 | 32.85 | 135 |
| Total liabilities | 262 | 271 | 134 | 80.74 | 71.73 | 37.86 | 8.90 |
| Assets | |||||||
| Gross block | 159 | 156 | 134 | 152 | 154 | 151 | 152 |
| Net block | 45.79 | 46.85 | 25.88 | 43.42 | 47.07 | 46.33 | 74.61 |
| Capital work in progress | 1.06 | 1.87 | 0.10 | 9.85 | 4.62 | 0.00 | 1.83 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 7.52 | 7.75 |
| Inventories | 29.11 | 16.15 | 8.01 | 15.76 | 7.87 | 1.89 | 49.53 |
| Sundry debtors | 196 | 84.11 | 25.32 | 2.82 | 1.35 | 3.96 | 9.51 |
| Cash & bank balances | 10.95 | 13.85 | 7.74 | 0.95 | 0.97 | 1.01 | 1.35 |
| Loans & advances | 7.32 | 59.62 | 20.01 | 12.94 | 12.89 | 3.62 | 6.86 |
| Total current assets | 243 | 174 | 61.08 | 32.47 | 23.08 | 10.48 | 67.25 |
| Total current liabilities | 92.18 | 42.95 | 6.91 | 6.63 | 3.33 | 27.09 | 152 |
| Net working capital | 151 | 131 | 54.17 | 25.84 | 19.75 | (16.61) | (84.46) |
| Total assets | 262 | 271 | 134 | 80.74 | 71.73 | 37.86 | 8.90 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 6.65 | 0.89 | 0.33 | 0.14 | 0.10 | 0.05 | 0.06 |
| Net cash from operating activities | 3.02 | (48.67) | (12.87) | (4.61) | (57.58) | (146) | 0.66 |
| Net cash from investing activities | (2.87) | (67.19) | 18.65 | (4.97) | (8.61) | 20.47 | (0.70) |
| Net cash from financing activities | (6.50) | 122 | (5.23) | 9.81 | 66.23 | 126 | 0.03 |
| Net change in cash | (6.36) | 5.75 | 0.56 | 0.23 | 0.04 | 0.05 | (0.01) |
| Closing cash | 10.95 | 13.85 | 7.74 | 0.95 | 0.97 | 1.01 | 1.35 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +101.1% | +73.7% | +138.2% | -49.0% | +4023.9% | -41.4% | - |
| EBITDA growth | +39.9% | +46.3% | +732.0% | -77.6% | +505.5% | +90.4% | - |
| PBT growth | +27.6% | -26.3% | +6466.7% | -91.1% | +9998.0% | +77.4% | +12.9% |
| Net income growth | -234.0% | -82.8% | - | -91.1% | +155.9% | +77.4% | - |
| Revenue CAGR (3Y) | +102.6% | +28.2% | +268.6% | +130.9% | +110.2% | -81.0% | -80.0% |
| EBITDA CAGR (3Y) | +157.3% | +39.8% | - | - | - | -74.6% | - |
| Profitability & leverage | |||||||
| Net income margin | -6.6% | +10.4% | +113.3% | +1.2% | +6.7% | -497.3% | -1287.6% |
| Return on capital employed | 0.0% | +3.1% | +2.4% | +0.2% | +1.8% | 0.0% | 0.0% |
| Return on net worth | 0.0% | +1.8% | +10.8% | +0.1% | +1.2% | 0.0% | 0.0% |
| Debt / equity | 0.21 | 0.17 | 0.15 | 0.19 | 0.60 | 0.00 | 0.00 |
| Long-term debt / equity | 0.05 | 0.04 | 0.01 | 0.03 | 0.42 | 0.00 | 0.00 |
| Interest cover | 29.09 | 29.01 | 16.64 | -91.95 | 54.23 | -1.06 | -1.34 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.21 | 0.65 | 0.38 | 0.15 | 0.29 | 0.01 | 0.01 |
| Inventory turnover | 8.42 | 7.84 | 4.59 | 1.94 | 9.21 | 0.04 | 0.04 |
| Debtors turnover | 1.36 | 1.73 | 3.88 | 10.99 | 16.93 | 0.16 | 0.13 |
| EPS (₹) | (0.52) | 0.41 | 2.79 | 0.01 | 0.14 | (0.25) | (1.09) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 8.97 | 9.24 | 5.51 | 2.85 | 2.83 | (2.42) | (8.46) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 12.29 | 50.79 | 12.63 | 12.24 | 11.61 | 28.07 | 11.75 | 11.20 |
| Revenue growth (YoY) | +5.9% | +80.9% | +7.5% | +9.3% | +8.4% | - | - | - |
| Other income | 0.22 | 0.35 | 0.15 | 0.53 | 0.14 | 0.31 | 0.49 | 0.21 |
| Total expenses | 8.40 | 37.51 | 9.15 | 8.39 | 7.50 | 19.72 | 8.30 | 7.56 |
| EBITDA | 3.89 | 13.28 | 3.48 | 3.85 | 4.11 | 8.35 | 3.45 | 3.64 |
| EBITDA margin | +31.7% | +26.1% | +27.6% | +31.5% | +35.4% | +29.7% | +29.4% | +32.5% |
| Depreciation | 0.96 | 0.92 | 0.91 | 0.91 | 0.91 | 0.44 | 0.39 | 0.39 |
| Interest | 1.39 | 1.82 | 1.29 | 1.26 | 1.67 | 1.42 | 1.38 | 1.35 |
| Profit before tax | 1.76 | 10.89 | 1.43 | 2.21 | 1.67 | 6.80 | 2.17 | 2.11 |
| Tax | 0.00 | 29.31 | 0.00 | 0.00 | 0.00 | 3.24 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 87.28 | 61.73 | 54.57 | 5.89 | 31.14 | 1.09 | 1.86 |
| Revenue growth | +41.4% | +13.1% | +826.5% | -81.1% | +2756.9% | -41.4% | - |
| Other income | 1.16 | 1.22 | 8.61 | 1.91 | 1.19 | 3.14 | 1.00 |
| Total expenses | 62.23 | 43.48 | 42.09 | 5.10 | 25.47 | 2.74 | 18.95 |
| Employee cost | 8.36 | 6.38 | 5.12 | 1.98 | 1.90 | 0.63 | 2.38 |
| EBITDA | 25.05 | 18.25 | 12.48 | 0.79 | 5.67 | (1.65) | (17.09) |
| EBITDA margin | +28.7% | +29.6% | +22.9% | +13.4% | +18.2% | -151.4% | -918.8% |
| Depreciation | 3.65 | 1.61 | 1.54 | 2.04 | 2.61 | 6.82 | 7.53 |
| Interest | 6.35 | 4.83 | 1.82 | 0.51 | 1.45 | 0.09 | 0.32 |
| Profit before tax | 16.21 | 13.03 | 17.73 | 0.15 | 2.80 | (5.42) | (23.94) |
| Tax | 29.31 | 3.24 | (44.11) | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (13.10) | 9.41 | 54.86 | 0.15 | 2.80 | (5.42) | (23.94) |
| Net profit margin | -15.0% | +15.2% | +100.5% | +2.6% | +9.0% | -497.3% | -1287.1% |
| EPS (₹) | (0.54) | 0.41 | 2.79 | 0.01 | 0.13 | (0.25) | (1.09) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 48.20 | 48.20 | 44.29 | 44.29 | 44.29 | 44.05 | 44.05 |
| Reserves & surplus | 160 | 173 | 77.67 | 15.83 | (42.71) | (105) | (238) |
| Shareholders' funds (net worth) | 208 | 222 | 122 | 60.12 | 59.97 | (2.23) | (135) |
| Secured loans | 44.19 | 47.91 | 11.65 | 10.56 | 1.00 | 5.07 | 90.50 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 27.78 | 44.14 |
| Total debt | 44.19 | 47.91 | 11.65 | 10.56 | 1.00 | 32.85 | 135 |
| Total liabilities | 254 | 270 | 134 | 70.84 | 61.04 | 30.62 | 1.44 |
| Assets | |||||||
| Gross block | 159 | 156 | 134 | 149 | 151 | 151 | 152 |
| Net block | 45.76 | 46.85 | 25.88 | 41.08 | 43.79 | 46.33 | 74.61 |
| Capital work in progress | 1.06 | 1.87 | 0.10 | 2.78 | 0.00 | 0.00 | 1.83 |
| Investments | 51.28 | 51.28 | 0.00 | 3.33 | 3.33 | 0.00 | 0.00 |
| Inventories | 29.11 | 16.15 | 8.01 | 8.34 | 2.75 | 1.89 | 49.53 |
| Sundry debtors | 103 | 51.05 | 25.32 | 2.31 | 1.29 | 3.96 | 9.51 |
| Cash & bank balances | 10.74 | 13.70 | 7.74 | 0.91 | 0.95 | 1.01 | 1.35 |
| Loans & advances | 6.43 | 7.77 | 20.01 | 12.89 | 11.03 | 2.94 | 6.16 |
| Total current assets | 149 | 88.67 | 61.08 | 24.45 | 16.02 | 9.80 | 66.55 |
| Total current liabilities | 57.57 | 10.14 | 6.91 | 2.46 | 2.39 | 26.13 | 151 |
| Net working capital | 91.45 | 78.53 | 54.17 | 21.99 | 13.63 | (16.33) | (84.15) |
| Total assets | 254 | 270 | 134 | 70.84 | 61.04 | 30.62 | 1.44 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 6.50 | 0.89 | 0.33 | 0.12 | 0.10 | 0.05 | 0.05 |
| Net cash from operating activities | 3.82 | 2.46 | (12.87) | (6.47) | (58.36) | (146) | 0.03 |
| Net cash from investing activities | (3.07) | (118) | 18.65 | (3.13) | (0.40) | 20.25 | (0.07) |
| Net cash from financing activities | (7.18) | 122 | (5.23) | 9.81 | 58.77 | 126 | 0.03 |
| Net change in cash | (6.43) | 5.61 | 0.56 | 0.21 | 0.02 | 0.06 | (0.01) |
| Closing cash | 10.74 | 13.70 | 7.74 | 0.91 | 0.95 | 1.01 | 1.35 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +41.4% | +13.1% | +826.5% | -81.1% | +2756.9% | -41.4% | - |
| EBITDA growth | +37.3% | +46.2% | +1479.8% | -86.1% | +443.6% | +90.4% | - |
| PBT growth | +24.4% | -26.5% | - | -94.6% | +9998.0% | +77.4% | +12.9% |
| Net income growth | -239.2% | -82.9% | - | -94.6% | +151.7% | +77.4% | - |
| Revenue CAGR (3Y) | +145.6% | +25.6% | +268.6% | +46.9% | +86.0% | -81.0% | -80.0% |
| EBITDA CAGR (3Y) | +216.5% | +47.7% | - | - | - | -74.6% | - |
| Profitability & leverage | |||||||
| Net income margin | -15.0% | +15.9% | +113.3% | +2.6% | +9.0% | -497.3% | -1287.1% |
| Return on capital employed | 0.0% | +3.1% | +2.4% | +0.1% | +1.6% | 0.0% | 0.0% |
| Return on net worth | 0.0% | +1.8% | +10.8% | +0.0% | +1.1% | 0.0% | 0.0% |
| Debt / equity | 0.21 | 0.17 | 0.12 | 0.10 | 0.59 | 0.00 | 0.00 |
| Long-term debt / equity | 0.05 | 0.04 | 0.00 | 0.00 | 0.45 | 0.00 | 0.00 |
| Interest cover | 29.67 | 29.03 | 16.64 | -40.80 | 47.39 | -1.06 | -1.30 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.55 | 0.42 | 0.39 | 0.04 | 0.21 | 0.01 | 0.01 |
| Inventory turnover | 3.86 | 5.11 | 6.68 | 1.06 | 13.42 | 0.04 | 0.04 |
| Debtors turnover | 1.14 | 1.62 | 3.95 | 3.27 | 11.86 | 0.16 | 0.13 |
| EPS (₹) | (0.54) | 0.41 | 2.79 | 0.01 | 0.13 | (0.25) | (1.09) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 8.65 | 9.20 | 5.51 | 2.71 | 0.07 | (2.75) | (8.80) |
To see the full year-wise statements and ratios of Mic Electronics Limited, buy the company report.
Board of directors of Mic Electronics Limited
Mic Electronics has 7 current directors and 37 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siva Kakarala Lakshmanarao Also directs: Laan Research Private Limited | Director | 07 Aug 2019 | 7 Years 2 Months | Current |
| Kaushik Yalamanchili Also directs: Ares Properties LLP, Mic Defence Systems Private Limited, Mick Digital India Limited and 3 more | Managing Director | 06 Jul 2021 | 5 Years 3 Months | Current |
| Sivanand Swamy Mitikiri Also directs: Mick Digital India Limited, RRK Enterprise Private Limited | Whole-Time Director | 27 May 2023 | 3 Years 4 Months | Current |
| Upadhyayula Karuna Gayathri Also directs: Aga Publications Limited, Oip Robotics Private Limited | Director | 09 Dec 2019 | 6 Years 10 Months | Current |
| Srinivas Rao Kolli Also directs: MSR Plasto Printpack Private Limited | Director | 12 Mar 2022 | 4 Years 7 Months | Current |
| Venkata Ramesh Penumaka Also directs: Omni Legal Limited Liability Partnership, Juno Joule Bio Fuels Private Limited, Stratovate Foundation and 1 more | Director | 15 Oct 2024 | 2 Years 0 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Mic Electronics Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mic Electronics Limitedthis company | ₹190.52 Cr (FY 2026) | -₹12.65 Cr | -6.6% | 101.1% | 46 | Hyderabad, Telangana, India |
| Nipa International Private Limited | ₹96.22 Cr (FY 2024) | 9.0% | New Delhi, Delhi, India | |||
| Konark Fixtures Limited | ₹94.11 Cr (FY 2024) | 22.0% | Mumbai, Maharashtra, India | |||
| Regent Lighting Asia Private Limited | ₹93.58 Cr (FY 2025) | 17.0% | New Delhi, Delhi, India | |||
| Ands Lite Private Limited | ₹92.5 Cr (FY 2025) | 4.0% | Delhi, India |
To see the full peer comparison of Mic Electronics Limited, buy the company report.
Auditor
Mic Electronics Limited is audited by Bhavani & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bhavani & Co | FY 2023 | 012139S |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 51.60%, foreign institutional investors hold 5.60%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 42.80%.
Sep 2026
QUARTER
51.60% Promoters
5.60% FII (Foreign Institutional)
42.80% Retail & Others
Promoter holding - history
Now 51.60% · Sep 2026High 58.00% · Dec 2025Low 51.60% · Sep 2026
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 51.60% | 51.70% | 55.50% | 58.00% |
| Public | 48.40% | 48.30% | 44.50% | 42.00% |
Charges & borrowings
Open charges
₹68.83 Cr
Satisfied charges
₹380.45 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Oct 2026 | 101397400 | Others | ₹55 Lakh | Open | |
| 28 Jul 2026 | 101351962 | Canara Bank | ₹3.99 Cr | Open | |
| 15 May 2026 | 101294426 | Others | ₹2.2 Cr | Open | |
| 16 Apr 2026 | 101288979 | Others | ₹1.25 Cr | Open | |
| 28 Jun 2024 | 100951126 | Canara Bank | ₹44.71 Cr | Open |
To see the full charge records of Mic Electronics Limited, buy the company report.
Total charge records: 48 View all charges
Deals & funding
Mic Electronics Limited has 95 deals on record (92 market trades, 1 qip, 1 ipo); the latest was in June 2026.
Total deals
95
Market trades
92
QIP
1
IPO
1
Acquisition
1
Deals on record (5 of 95)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2026 | Market trade | ₹8.2 Cr | Seller: RRK Enterprise Private Limited |
| Feb 2026 | Market trade | ₹8.4 Cr | Seller: RRK Enterprise Private Limited |
| Sep 2025 | Market trade | ₹8.93 Cr | Buyer: Hrti Private Limited Seller: Hrti Private Limited |
| Sep 2025 | Market trade | ₹22.55 Cr | Buyer: Hrti Private Limited , Junomoneta Finsol Private Limited Seller: Hrti Private Limited , Junomoneta Finsol Private Limited |
| Sep 2025 | Market trade | ₹22.97 Cr | Buyer: Hrti Private Limited , Junomoneta Finsol Private Limited Seller: Hrti Private Limited , Junomoneta Finsol Private Limited |
To see the full deal history of Mic Electronics Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mic Electronics Limited has 199 court cases on record: 55 filed by Mic Electronics, 144 filed against it. 24 cases are pending and 175 are disposed.
Total cases
199
Filed by the company
55
Filed against the company
144
Pending
24
Disposed
175
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 109 | 99 | 16 |
| High courts | 78 | 38 | 7 |
| Supreme Court | 9 | 4 | 1 |
| NCLT | 2 | 2 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 199)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Medchal Malkajgiri, Telangana | Execution petition | Filed against the company by M/S Orient Press Limited | Pending |
| District court, Medchal Malkajgiri, Telangana | Civil suit | Filed against the company by M/S B.M.Pipes Pvt. Limited Rep. Govinda Chandra Dey | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against Energy Efficiency Services Limited | Pending |
| NCLAT, NCLAT Chennai | Company appeal | Filed against the company by Malaxmi Infra Ventures India Private Limited | Disposed |
| District court, Medchal Malkajgiri, Telangana | Execution petition | Filed against the company by Fortune Couriers Limited by Hanshul Maloo, | Disposed |
To see the full case history of Mic Electronics Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mic Electronics Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Mic Electronics has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Bikewo Green Tech Private Limited | U74999TG2016PTC113345 |
To see the full group structure of Mic Electronics Limited, buy the company report.
Employees & EPFO
Mic Electronics Limited has a workforce of 46 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
46
Active EPFO establishments
1
Employee growth
35.29%
GST
Mic Electronics has 12 GST registrations: 3 active and 9 cancelled or inactive.
Total GSTINs
12
Active
3
Cancelled / inactive
9
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCM3693B1ZN | Telangana | Active | 01 Jul 2017 |
| 33AABCM3693B1ZT | Tamil Nadu | Active | 01 Jul 2017 |
| 37AABCM3693B1ZL | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mic Electronics Limited, buy the company report.
Recent activity
Mic Electronics Limited has 72 board changes on record since 1996: 41 appointments and 31 cessations. The latest: Sabitha Ghanta ceased to be Director on 01 Sep 2025.
Charges
A charge with Others amounted to Rs. 0.55 Cr with Charge ID 101397400 was registered on 01 Oct 2026.
AGM
Mic Electronics Limited last Annual general meeting of members was held on 16 Sep 2026 as per latest MCA records.
Charges
A charge with Canara Bank amounted to Rs. 3.99 Cr with Charge ID 101351962 was registered on 28 Jul 2026.
Charges
A charge with Others of Rs. 2.20 Cr registered on 15 May 2026 with Charge ID 101294426 was modified on 27 Jul 2026.
Charges
A charge with Others amounted to Rs. 2.20 Cr with Charge ID 101294426 was registered on 15 May 2026.
Charges
A charge registered on 31 Dec 2025 via Charge ID 101217207 with Others was fully satisfied on 14 May 2026.
Charges
A charge with Others amounted to Rs. 1.25 Cr with Charge ID 101288979 was registered on 16 Apr 2026.
Charges
A charge with Canara Bank of Rs. 44.71 Cr registered on 28 Jun 2024 with Charge ID 100951126 was modified on 16 Apr 2026.
Filing
Mic Electronics Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Hyderabad.
Charges
A charge with Others amounted to Rs. 1.65 Cr with Charge ID 101217207 was registered on 31 Dec 2025.
Charges
A charge registered on 29 Sep 2025 via Charge ID 101161589 with Others was fully satisfied on 29 Dec 2025.
Charges
A charge with Others amounted to Rs. 1.65 Cr with Charge ID 101161589 was registered on 29 Sep 2025.
169 earlier events are in the company report.
News
Frequently asked questions
Mic Electronics is an active public limited company based in Hyderabad, Telangana, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 17 May 1988 (38+ years old) and is registered under CIN L31909TG1988PLC008652. Listed on BSE: 532850 and NSE: MICEL.
Mic Electronics reported revenue of ₹190.52 Cr for FY 2025-26 (up 101.1% YoY) based on consolidated financials.
Mic Electronics has 7 current directors:
- Kaushik Yalamanchili - Managing Director
- Sivanand Swamy Mitikiri - Whole-Time Director
- Siva Kakarala Lakshmanarao - Director
- Upadhyayula Karuna Gayathri - Director
- Srinivas Rao Kolli - Director
- Venkata Ramesh Penumaka - Director
- Deepayan Mohanty - Director
The latest financial statements of Mic Electronics on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 16 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Mic Electronics is 36AABCM3693B1ZN, registered in Telangana. The company has 12 GST registrations in all, of which 3 are active and 9 are cancelled or inactive. Other active GSTINs include 33AABCM3693B1ZT (Tamil Nadu), 37AABCM3693B1ZL (Andhra Pradesh).
The CIN (Corporate Identification Number) of Mic Electronics is L31909TG1988PLC008652. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Mic Electronics is listed on both BSE (code: 532850) and NSE (symbol: MICEL).
Mic Electronics has 199 court cases on record: 55 filed by the company and 144 filed against it. 24 are pending. Most are in the district courts.
Mic Electronics was incorporated on 17 May 1988, making it 38+ years old. It is registered with the Registrar of Companies, Hyderabad.
Mic Electronics has 95 deals on record (92 market trades, 1 qip, 1 ipo); the latest was in June 2026.
The peers of Mic Electronics by revenue are Nipa International Private Limited, Konark Fixtures Limited, Regent Lighting Asia Private Limited, Ands Lite Private Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).