About Mirc Electronics Limited
Data last updated: 09 February 2026
Mirc Electronics Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in electronics manufacturing, a part of the broader consumer electronics and durables sector. Incorporated on 01 January 1981, the company has been in operation for over 45 years.
Registered with ROC Mumbai under CIN L32300MH1981PLC023637. Listed on BSE: 500279 and NSE: MIRCELECTR.
Capital: an authorised share capital of ₹67.9 Cr and a paid-up capital of ₹36.94 Cr. Formerly known as Mirc Electronics Private Limited. It is led by directors including Mohita Arora and Shirish Mohanbhai Suvagia.
Last AGM: 18 August 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹974.53 Cr, a decline of 12% compared to the previous year.
The company has a workforce of approximately 397 employees as per the latest available data.
The company is associated with 1 brand - Onida. As per MCA filings, the company has open charges of ₹836.91 Cr and satisfied charges of ₹1,101.42 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website onida.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressOnida House G – 1 Midc, Mahakali Caves Road Andheri (East), Mumbai, Maharashtra, India – 400093
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IndustryConsumer Electronics & Durables, Electronics Manufacturing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Mirc Electronics Limited
Mirc Electronics Limited operates one associated brand: Onida. These brands represent Mirc Electronics Limited's diversified market presence and brand portfolio.
Business Activity of Mirc Electronics Limited
Mirc Electronics Limited is engaged in the principal business activity of manufacturing, with detailed activities including computer, electronic, communication and scientific measuring & control equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | ********* |
Auditor Details of Mirc Electronics Limited
Mirc Electronics Limited is audited by ASA & Associates LLP for the financial year 2025. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ASA & Associates LLP | blur-value | blur-value | blur-value |
Board of Directors of Mirc Electronics Limited
Mirc Electronics Limited is currently managed by 10 directors, with 31 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohita Arora | Director | 26 Jun 2020 | 6 Years 0 Months | Current |
| Shirish Mohanbhai Suvagia | Whole-Time Director | 04 Apr 2023 | 3 Years 3 Months | Current |
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Nandini Mansinghka
Also directs:
Digibooster Mediatech Private Limited
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Director | 02 Nov 2023 | 2 Years 8 Months | Current |
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Arvind Rajkishore Sharma
Also directs:
Ivalley Iretail Llp, Good Brands For A Healthy Life Private Limited, Cheetahsoft Technologies Private Limited and 1 more
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Director | 14 Nov 2016 | 9 Years 7 Months | Current |
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Kaval Gulu Mirchandani
Also directs:
Msl Driveline Systems Limited, Iwai Electronics Pvt Ltd, Gulita Wealth Advisors Private Limited and 2 more
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Managing Director | 26 May 2016 | 10 Years 1 Months | Current |
| Milind Chandrakant Pokle | Director | 02 Sep 2024 | 1 Years 10 Months | Current |
Financials of Mirc Electronics Limited FY 2024 filings available
Mirc Electronics Limited reported revenue of ₹968.04 Cr (down 12.81% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Revenue from Operations | ₹968.04 Cr | ₹1,110.22 Cr | ₹1,192.17 Cr | ₹765.84 Cr | ₹604.31 Cr |
| Other Income | ₹6.49 Cr | ₹2.44 Cr | ₹5.33 Cr | ₹2.19 Cr | ₹2.55 Cr |
| Total Income | ₹974.53 Cr | ₹1,112.66 Cr | ₹1,197.5 Cr | ₹768.03 Cr | ₹606.86 Cr |
| Cost of Materials Consumed | ₹462.19 Cr | ₹646.13 Cr | ₹863.25 Cr | ₹460.46 Cr | ₹219.72 Cr |
| Purchases of Stock-in-Trade | ₹454.88 Cr | ₹242.03 Cr | ₹199.13 Cr | ₹122.68 Cr | ₹311.6 Cr |
| Changes in Inventories | -₹32.48 Cr | ₹71.51 Cr | -₹18.8 Cr | ₹57.47 Cr | -₹73.86 Cr |
| Employee Benefit Expense | ₹61.92 Cr | ₹66.04 Cr | ₹60.68 Cr | ₹51.09 Cr | ₹60.77 Cr |
| Finance Costs | ₹15.05 Cr | ₹10.9 Cr | ₹14.08 Cr | ₹14.94 Cr | ₹11.98 Cr |
| Depreciation & Amortisation | ₹7.98 Cr | ₹9.04 Cr | ₹7.77 Cr | ₹6.69 Cr | ₹6.61 Cr |
| Other Expenses | ₹67.2 Cr | ₹79.48 Cr | ₹74.34 Cr | ₹60.66 Cr | ₹81.5 Cr |
| Total Expenses | ₹1,036.74 Cr | ₹1,125.13 Cr | ₹1,200.45 Cr | ₹773.99 Cr | ₹618.32 Cr |
| Profit Before Exceptional Items & Tax | -₹62.21 Cr | -₹12.47 Cr | -₹2.95 Cr | -₹5.96 Cr | -₹11.46 Cr |
| Exceptional Items | ₹0 | ₹0 | -₹17.12 Cr | ₹7.84 Cr | ₹0 |
| Profit Before Tax | -₹62.21 Cr | -₹12.47 Cr | -₹20.07 Cr | ₹1.88 Cr | -₹11.46 Cr |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Profit | -₹62.21 Cr | -₹12.47 Cr | -₹20.07 Cr | ₹1.88 Cr | -₹11.46 Cr |
| attributable to Owners | - | - | ₹0 | - | ₹0 |
| attributable to NCI | - | - | ₹0 | - | ₹0 |
| Other Comprehensive Income | -₹19 Lakh | ₹7 Lakh | -₹19 Lakh | -₹30 Lakh | -₹18 Lakh |
| Total Comprehensive Income | -₹62.4 Cr | -₹12.4 Cr | -₹20.26 Cr | ₹1.58 Cr | -₹11.64 Cr |
| EBITDA (computed) | -₹39.18 Cr | ₹7.47 Cr | ₹18.9 Cr | ₹15.67 Cr | ₹7.13 Cr |
| Basic EPS | ₹-2.69 | ₹-0.54 | ₹-0.87 | ₹0.08 | ₹-0.50 |
| Diluted EPS | ₹-2.69 | ₹-0.54 | ₹-0.87 | ₹0.08 | ₹-0.50 |
| Metrics | FY 2024 | FY 2023 |
|---|---|---|
| Total Assets | ₹569.85 Cr | ₹529.32 Cr |
| Non-current Assets | ₹129.57 Cr | ₹139.01 Cr |
| Current Assets | ₹440.28 Cr | ₹390.31 Cr |
| Property, Plant & Equipment | ₹77.92 Cr | ₹86.77 Cr |
| Inventories | ₹237.5 Cr | ₹272.59 Cr |
| Trade Receivables | ₹161.99 Cr | ₹89.57 Cr |
| Cash & Equivalents | ₹5.11 Cr | ₹3.87 Cr |
| Equity (Net Worth) | ₹128.44 Cr | ₹190.84 Cr |
| Equity Share Capital | ₹23.11 Cr | ₹23.11 Cr |
| Borrowings (Non-current) | ₹15.57 Cr | ₹11.66 Cr |
| Borrowings (Current) | ₹87.15 Cr | ₹67.7 Cr |
| Total Debt (computed) | ₹102.72 Cr | ₹79.36 Cr |
| Current Liabilities | ₹417.94 Cr | ₹318.11 Cr |
| Total Liabilities | ₹441.41 Cr | ₹338.48 Cr |
| Metrics | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Operating Cash Flow | -₹4.55 Cr | -₹8.76 Cr | ₹24.48 Cr |
| Investing Cash Flow | -₹2.21 Cr | ₹7.5 Cr | ₹3.12 Cr |
| Financing Cash Flow | ₹8 Cr | -₹51 Lakh | -₹30.09 Cr |
| Capital Expenditure | ₹2.42 Cr | ₹48 Lakh | ₹8.98 Cr |
| Free Cash Flow (computed) | -₹6.97 Cr | -₹9.24 Cr | ₹15.5 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹1.24 Cr | -₹1.77 Cr | -₹2.49 Cr |
| Metrics | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 | Q4 FY23 | Q3 FY23 | Q2 FY23 | Q1 FY23 | Q4 FY22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹166.81 Cr | ₹151.37 Cr | ₹227.79 Cr | ₹296.83 Cr | ₹294.51 Cr | ₹193.23 Cr | ₹183.47 Cr | ₹224.98 Cr | ₹271.47 Cr | ₹268.58 Cr | ₹345.19 Cr | ₹246.37 Cr |
| Other Income | ₹2.58 Cr | ₹1.24 Cr | ₹3.06 Cr | ₹68 Lakh | ₹51 Lakh | ₹2.81 Cr | ₹2.49 Cr | ₹17 Lakh | ₹1.45 Cr | ₹26 Lakh | ₹56 Lakh | ₹35 Lakh |
| Total Income | ₹169.39 Cr | ₹152.61 Cr | ₹230.85 Cr | ₹297.51 Cr | ₹295.02 Cr | ₹196.04 Cr | ₹185.96 Cr | ₹225.15 Cr | ₹272.92 Cr | ₹268.84 Cr | ₹345.75 Cr | ₹246.72 Cr |
| Cost of Materials Consumed | ₹53.92 Cr | ₹67.83 Cr | ₹38.86 Cr | ₹96.62 Cr | ₹178.59 Cr | ₹102.97 Cr | ₹84.01 Cr | ₹75.33 Cr | ₹185.19 Cr | ₹155.26 Cr | ₹230.35 Cr | ₹90.78 Cr |
| Purchases of Stock-in-Trade | ₹94.97 Cr | ₹34.47 Cr | ₹87.74 Cr | ₹182.65 Cr | ₹129.14 Cr | ₹79.41 Cr | ₹63.68 Cr | ₹94.35 Cr | ₹55.96 Cr | ₹18.02 Cr | ₹73.7 Cr | ₹56.98 Cr |
| Changes in Inventories | -₹17.34 Cr | ₹12.59 Cr | ₹62.32 Cr | ₹30 Cr | -₹52.69 Cr | -₹18.58 Cr | ₹8.79 Cr | ₹23.08 Cr | -₹6.56 Cr | ₹55.51 Cr | -₹52 Lakh | ₹60.94 Cr |
| Employee Benefit Expense | ₹15.93 Cr | ₹15.28 Cr | ₹14.7 Cr | ₹14.04 Cr | ₹16.23 Cr | ₹16.12 Cr | ₹15.53 Cr | ₹14.66 Cr | ₹18.19 Cr | ₹16.71 Cr | ₹16.48 Cr | ₹14.97 Cr |
| Finance Costs | ₹4.48 Cr | ₹3.88 Cr | ₹3.29 Cr | ₹3.93 Cr | ₹3.76 Cr | ₹4.05 Cr | ₹3.31 Cr | ₹4.19 Cr | ₹2.25 Cr | ₹2.65 Cr | ₹1.81 Cr | ₹2.78 Cr |
| Depreciation & Amortisation | ₹1.58 Cr | ₹1.67 Cr | ₹1.81 Cr | ₹1.86 Cr | ₹1.91 Cr | ₹2.04 Cr | ₹2.17 Cr | ₹2.91 Cr | ₹2.02 Cr | ₹2.07 Cr | ₹2.04 Cr | ₹1.98 Cr |
| Other Expenses | ₹21.12 Cr | ₹15.54 Cr | ₹19.46 Cr | ₹19.52 Cr | ₹16.53 Cr | ₹16.46 Cr | ₹14.69 Cr | ₹17.95 Cr | ₹18.43 Cr | ₹21.64 Cr | ₹21.46 Cr | ₹22.7 Cr |
| Total Expenses | ₹174.66 Cr | ₹151.26 Cr | ₹228.18 Cr | ₹348.62 Cr | ₹293.47 Cr | ₹202.47 Cr | ₹192.18 Cr | ₹232.47 Cr | ₹275.48 Cr | ₹271.86 Cr | ₹345.32 Cr | ₹251.13 Cr |
| Profit Before Exceptional Items & Tax | -₹5.27 Cr | ₹1.35 Cr | ₹2.67 Cr | -₹51.11 Cr | ₹1.55 Cr | -₹6.43 Cr | -₹6.22 Cr | -₹7.32 Cr | -₹2.56 Cr | -₹3.02 Cr | ₹43 Lakh | -₹4.41 Cr |
| Exceptional Items | ₹0 | ₹0 | -₹2.23 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹17.12 Cr |
| Profit Before Tax | -₹5.27 Cr | ₹1.35 Cr | ₹44 Lakh | -₹51.11 Cr | ₹1.55 Cr | -₹6.43 Cr | -₹6.22 Cr | -₹7.32 Cr | -₹2.56 Cr | -₹3.02 Cr | ₹43 Lakh | -₹21.53 Cr |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Profit | -₹5.27 Cr | ₹1.35 Cr | ₹44 Lakh | -₹51.11 Cr | ₹1.55 Cr | -₹6.43 Cr | -₹6.22 Cr | -₹7.32 Cr | -₹2.56 Cr | -₹3.02 Cr | ₹43 Lakh | -₹21.53 Cr |
| attributable to Owners | - | - | - | - | - | - | - | - | - | - | - | ₹0 |
| attributable to NCI | - | - | - | - | - | - | - | - | - | - | - | ₹0 |
| Other Comprehensive Income | -₹5 Lakh | -₹5 Lakh | -₹5 Lakh | -₹24 Lakh | ₹2 Lakh | ₹1 Lakh | ₹2 Lakh | ₹21 Lakh | -₹5 Lakh | -₹4 Lakh | -₹5 Lakh | ₹3 Lakh |
| Total Comprehensive Income | -₹5.32 Cr | ₹1.3 Cr | ₹39 Lakh | -₹51.35 Cr | ₹1.57 Cr | -₹6.42 Cr | -₹6.2 Cr | -₹7.11 Cr | -₹2.61 Cr | -₹3.06 Cr | ₹38 Lakh | -₹21.5 Cr |
| EBITDA (computed) | ₹79 Lakh | ₹6.9 Cr | ₹7.77 Cr | -₹45.32 Cr | ₹7.22 Cr | -₹34 Lakh | -₹74 Lakh | -₹22 Lakh | ₹1.71 Cr | ₹1.7 Cr | ₹4.28 Cr | ₹35 Lakh |
| Basic EPS | ₹-0.23 | ₹0.06 | ₹0.02 | ₹-2.21 | ₹0.07 | ₹-0.28 | ₹-0.27 | ₹-0.32 | ₹-0.11 | ₹-0.13 | ₹0.02 | ₹-0.93 |
| Diluted EPS | ₹-0.23 | ₹0.06 | ₹0.02 | ₹-2.21 | ₹0.07 | ₹-0.28 | ₹-0.27 | ₹-0.32 | ₹-0.11 | ₹-0.13 | ₹0.02 | ₹-0.93 |
Shareholding Pattern of Mirc Electronics Limited
As of FY 2024, Mirc Electronics Limited's shareholding pattern shows 53.36% by promoters, 0.01% by foreign institutional investors (FII), 43.63% by public shareholders, 3.00% by others. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings of Mirc Electronics Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Jul 2025 | Others | ₹60 Cr | Open |
| 23 Aug 2021 | Canara Bank | ₹9.2 Cr | Open |
| 09 Aug 2021 | Idbi Bank Limited | ₹1.12 Cr | Open |
| 03 Aug 2021 | State Bank of India | ₹6.7 Cr | Open |
| 20 Nov 2018 | State Bank of India | ₹115 Cr | Open |
Total charge records: 49 View all charges
Employees and EPFO Compliance at Mirc Electronics Limited
Mirc Electronics Limited has a workforce of 397 employees as of Feb 09, 2026.
Employee Count & EPFO Data of Mirc Electronics Limited
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GST Compliance of Mirc Electronics Limited
GSTIN & GST Filing Data of Mirc Electronics Limited
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Credit Ratings, Litigation & Regulatory Alerts for Mirc Electronics Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Mirc Electronics Limited
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MSME Payment Delays by Mirc Electronics Limited
MSME Payment Delays by Mirc Electronics Limited
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Subsidiaries & Group Companies of Mirc Electronics Limited
Subsidiaries & Group Companies of Mirc Electronics Limited
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MCA Filings & Documents of Mirc Electronics Limited
MCA Filings & Documents of Mirc Electronics Limited
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Recent Activity on Mirc Electronics Limited
Recent News on Mirc Electronics Limited
Frequently Asked Questions about Mirc Electronics Limited
Mirc Electronics Limited is an active public limited company in the consumer electronics and durables sector based in Mumbai, Maharashtra, India. It was incorporated on 01 January 1981 (45+ years old) and is registered under CIN L32300MH1981PLC023637. Listed on BSE: 500279 and NSE: MIRCELECTR. The company has 397 employees.
Mirc Electronics Limited reported revenue of ₹974.53 Cr for FY 2024 (down 12.00% YoY).
The current directors of Mirc Electronics Limited are:
- Mohita Arora
- Shirish Mohanbhai Suvagia
- Prasad Arun Oak
- Nandini Mansinghka
- Arvind Rajkishore Sharma
- Kaval Gulu Mirchandani
- Milind Chandrakant Pokle
- Vijay Jaikrishin Mansukhani
- Sasha Gulu Mirchandani
- Shirish Mohanbhai Suvagia
The primary industry of Mirc Electronics Limited is consumer electronics and durables. The company specifically operates in electronics manufacturing. The company is currently active in this sector.
Yes. Mirc Electronics Limited is listed on both BSE (code: 500279) and NSE (symbol: MIRCELECTR).
Mirc Electronics Limited can be reached at the registered office: Onida House G – 1 Midc, Mahakali Caves Road Andheri East, Mumbai, Maharashtra, India – 400093, or through the website onida.com.