MIRC Electronics Limited Logo

MIRC Electronics Limited

MIRCELECTR.NS

(1.5)
Stock Price

19,75 INR

-9.75% ROA

-32.88% ROE

-9.21x PER

Market Cap.

5.117.918.480,00 INR

80.86% DER

0% Yield

-5.49% NPM

MIRC Electronics Limited Stock Analysis

MIRC Electronics Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

MIRC Electronics Limited Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (34%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 PBV

The stock's PBV ratio (1.7x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

3 Revenue Growth

Over the past three years, this company's revenue has consistently grown, demonstrating a positive financial trend that makes it an appealing choice.

4 Net Profit Growth

Over the last three years, this company has consistently achieved net profit growth, indicating a favorable financial performance and making it an attractive investment option.

5 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (3.100), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

6 ROE

Negative ROE (-6.71%) indicates poor financial performance, raising concerns about profitability and efficiency in utilizing shareholders' equity.

7 ROA

The stock's ROA (-2.03%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

8 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

9 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

10 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

11 Dividend

The company has not distributed any dividends in the past three years, which may raise concerns for investors looking for regular income from their investments.

MIRC Electronics Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

MIRC Electronics Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Sell
4 Stoch RSI Sell

MIRC Electronics Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

MIRC Electronics Limited Revenue
Year Revenue Growth
2006 15.302.393.000
2007 15.420.359.000 0.77%
2008 14.491.563.000 -6.41%
2009 15.266.927.000 5.08%
2010 19.397.443.000 21.29%
2011 16.751.560.000 -15.79%
2012 12.904.068.000 -29.82%
2013 13.033.476.000 0.99%
2014 10.735.350.000 -21.41%
2015 7.722.103.000 -39.02%
2016 7.298.693.000 -5.8%
2017 7.291.712.000 -0.1%
2018 6.442.037.000 -13.19%
2019 6.035.201.000 -6.74%
2020 7.646.759.000 21.08%
2021 11.906.086.000 35.77%
2022 11.102.200.000 -7.24%
2023 7.729.200.000 -43.64%
2023 9.680.400.000 20.16%
2024 9.111.600.000 -6.24%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

MIRC Electronics Limited Research and Development Expenses
Year Research and Development Expenses Growth
2006 0
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 55.732.000 100%
2013 56.334.000 1.07%
2014 45.500.000 -23.81%
2015 36.646.000 -24.16%
2016 32.751.000 -11.89%
2017 34.213.000 4.27%
2018 44.480.000 23.08%
2019 38.824.000 -14.57%
2020 26.154.000 -48.44%
2021 31.367.000 16.62%
2022 31.965.000 1.87%
2023 0 0%
2023 29.194.000 100%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

MIRC Electronics Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 0
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 1.240.733.999 100%
2013 1.243.528.000 0.22%
2014 840.180.000 -48.01%
2015 6.483.000 -12859.74%
2016 2.648.000 -144.83%
2017 3.619.000 26.83%
2018 7.130.000 49.24%
2019 7.856.000 9.24%
2020 8.698.000 9.68%
2021 13.480.000 35.47%
2022 676.916.000 98.01%
2023 0 0%
2023 0 0%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

MIRC Electronics Limited EBITDA
Year EBITDA Growth
2006 955.268.000
2007 921.871.000 -3.62%
2008 592.236.000 -55.66%
2009 642.526.000 7.83%
2010 792.928.000 18.97%
2011 221.956.000 -257.25%
2012 75.968.000 -192.17%
2013 -98.824.000 176.87%
2014 235.136.000 142.03%
2015 -84.536.000 378.15%
2016 307.763.000 127.47%
2017 435.552.000 29.34%
2018 172.776.000 -152.09%
2019 58.194.000 -196.9%
2020 138.496.000 57.98%
2021 -57.564.000 340.59%
2022 74.700.000 177.06%
2023 -13.600.000 649.26%
2023 -456.700.000 97.02%
2024 188.400.000 342.41%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

MIRC Electronics Limited Gross Profit
Year Gross Profit Growth
2006 3.739.094.000
2007 3.741.635.000 0.07%
2008 3.252.388.000 -15.04%
2009 3.575.043.000 9.03%
2010 4.454.704.000 19.75%
2011 3.420.903.000 -30.22%
2012 2.330.528.000 -46.79%
2013 2.497.076.000 6.67%
2014 2.830.553.000 11.78%
2015 1.939.582.000 -45.94%
2016 1.932.663.000 -0.36%
2017 2.050.335.000 5.74%
2018 1.681.455.000 -21.94%
2019 1.426.161.000 -17.9%
2020 1.212.198.000 -17.65%
2021 1.424.475.000 14.9%
2022 1.505.500.000 5.38%
2023 1.177.200.000 -27.89%
2023 135.500.000 -768.78%
2024 894.400.000 84.85%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

MIRC Electronics Limited Net Profit
Year Net Profit Growth
2006 360.563.000
2007 355.081.000 -1.54%
2008 79.691.000 -345.57%
2009 199.946.000 60.14%
2010 290.118.000 31.08%
2011 -387.240.000 174.92%
2012 -286.371.000 -35.22%
2013 -621.345.000 53.91%
2014 -45.697.000 -1259.71%
2015 -194.547.000 76.51%
2016 -192.421.000 -1.1%
2017 234.925.000 181.91%
2018 -44.022.000 633.65%
2019 -114.697.000 61.62%
2020 18.865.000 707.99%
2021 -200.714.000 109.4%
2022 -124.700.000 -60.96%
2023 -257.200.000 51.52%
2023 -622.100.000 58.66%
2024 17.600.000 3634.66%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

MIRC Electronics Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 2
2007 2 0%
2008 1 0%
2009 1 100%
2010 2 0%
2011 -2 150%
2012 -2 -100%
2013 -4 75%
2014 0 0%
2015 -1 0%
2016 -1 0%
2017 1 100%
2018 0 0%
2019 -1 0%
2020 0 0%
2021 -1 0%
2022 -1 0%
2023 -1 100%
2023 -3 50%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

MIRC Electronics Limited Free Cashflow
Year Free Cashflow Growth
2006 253.921.000
2007 -45.333.000 660.12%
2008 360.950.000 112.56%
2009 1.266.911.000 71.51%
2010 151.837.000 -734.39%
2011 183.468.000 17.24%
2012 655.309.000 72%
2013 479.314.000 -36.72%
2014 423.576.000 -13.16%
2015 197.884.000 -114.05%
2016 496.144.000 60.12%
2017 443.178.000 -11.95%
2018 -190.390.000 332.77%
2019 -54.453.000 -249.64%
2020 95.008.000 157.31%
2021 155.066.000 38.73%
2022 -92.400.000 267.82%
2023 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

MIRC Electronics Limited Operating Cashflow
Year Operating Cashflow Growth
2006 454.340.000
2007 50.180.000 -805.42%
2008 488.956.000 89.74%
2009 1.787.024.000 72.64%
2010 314.900.000 -467.49%
2011 306.713.000 -2.67%
2012 780.737.000 60.71%
2013 562.423.000 -38.82%
2014 427.718.000 -31.49%
2015 202.721.000 -110.99%
2016 500.337.000 59.48%
2017 472.437.000 -5.91%
2018 -151.412.000 412.02%
2019 -42.117.000 -259.5%
2020 153.034.000 127.52%
2021 244.828.000 37.49%
2022 -87.600.000 379.48%
2023 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

MIRC Electronics Limited Capital Expenditure
Year Capital Expenditure Growth
2006 200.419.000
2007 95.513.000 -109.83%
2008 128.006.000 25.38%
2009 520.113.000 75.39%
2010 163.063.000 -218.96%
2011 123.245.000 -32.31%
2012 125.428.000 1.74%
2013 83.109.000 -50.92%
2014 4.142.000 -1906.49%
2015 4.837.000 14.37%
2016 4.193.000 -15.36%
2017 29.259.000 85.67%
2018 38.978.000 24.93%
2019 12.336.000 -215.97%
2020 58.026.000 78.74%
2021 89.762.000 35.36%
2022 4.800.000 -1770.04%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

MIRC Electronics Limited Equity
Year Equity Growth
2006 2.259.026.000
2007 2.447.974.000 7.72%
2008 2.633.304.000 7.04%
2009 2.480.692.000 -6.15%
2010 2.606.062.000 4.81%
2011 2.219.056.000 -17.44%
2012 1.989.541.000 -11.54%
2013 1.289.206.000 -54.32%
2014 1.513.463.000 14.82%
2015 1.375.699.000 -10.01%
2016 1.242.483.000 -10.72%
2017 2.374.020.000 47.66%
2018 2.335.671.000 -1.64%
2019 2.219.186.000 -5.25%
2020 2.235.051.000 0.71%
2021 2.032.487.000 -9.97%
2022 1.908.400.000 -6.5%
2023 1.284.400.000 -48.58%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

MIRC Electronics Limited Assets
Year Assets Growth
2006 6.563.612.000
2007 7.396.600.000 11.26%
2008 6.524.482.000 -13.37%
2009 7.305.421.000 10.69%
2010 8.934.410.000 18.23%
2011 7.774.614.000 -14.92%
2012 7.259.920.000 -7.09%
2013 6.695.844.000 -8.42%
2014 6.655.427.000 -0.61%
2015 5.892.480.000 -12.95%
2016 5.173.382.000 -13.9%
2017 5.425.557.000 4.65%
2018 5.128.299.000 -5.8%
2019 5.774.644.000 11.19%
2020 6.653.681.000 13.21%
2021 7.044.107.000 5.54%
2022 5.293.200.000 -33.08%
2023 5.698.500.000 7.11%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

MIRC Electronics Limited Liabilities
Year Liabilities Growth
2006 4.304.586.000
2007 4.948.626.000 13.01%
2008 3.891.178.000 -27.18%
2009 4.824.729.000 19.35%
2010 6.328.348.000 23.76%
2011 5.555.558.000 -13.91%
2012 5.270.583.000 -5.41%
2013 5.406.638.000 2.52%
2014 5.141.964.000 -5.15%
2015 4.516.781.000 -13.84%
2016 3.930.899.000 -14.9%
2017 3.051.537.000 -28.82%
2018 2.792.628.000 -9.27%
2019 3.555.458.000 21.46%
2020 4.418.630.000 19.53%
2021 5.011.620.000 11.83%
2022 3.384.800.000 -48.06%
2023 4.414.100.000 23.32%

MIRC Electronics Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
43.83
Net Income per Share
-2.41
Price to Earning Ratio
-9.21x
Price To Sales Ratio
0.51x
POCF Ratio
62.72
PFCF Ratio
62.72
Price to Book Ratio
3.98
EV to Sales
0.59
EV Over EBITDA
-17.43
EV to Operating CashFlow
73.5
EV to FreeCashFlow
73.5
Earnings Yield
-0.11
FreeCashFlow Yield
0.02
Market Cap
5,12 Bil.
Enterprise Value
6,00 Bil.
Graham Number
17.35
Graham NetNet
-7.44

Income Statement Metrics

Net Income per Share
-2.41
Income Quality
-0.13
ROE
-0.33
Return On Assets
-0.1
Return On Capital Employed
-0.28
Net Income per EBT
1
EBT Per Ebit
1.32
Ebit per Revenue
-0.04
Effective Tax Rate
-0.1

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.06
Operating Profit Margin
-0.04
Pretax Profit Margin
-0.05
Net Profit Margin
-0.05

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
0.35
Free CashFlow per Share
0.35
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
-0.2
Return on Tangible Assets
-0.1
Days Sales Outstanding
58.4
Days Payables Outstanding
114.94
Days of Inventory on Hand
91.3
Receivables Turnover
6.25
Payables Turnover
3.18
Inventory Turnover
4
Capex per Share
0

Balance Sheet

Cash per Share
1,27
Book Value per Share
5,56
Tangible Book Value per Share
5.56
Shareholders Equity per Share
5.56
Interest Debt per Share
5.15
Debt to Equity
0.81
Debt to Assets
0.18
Net Debt to EBITDA
-2.56
Current Ratio
1.04
Tangible Asset Value
1,28 Bil.
Net Current Asset Value
-0,05 Bil.
Invested Capital
964900001
Working Capital
0,18 Bil.
Intangibles to Total Assets
0
Average Receivables
0,81 Bil.
Average Payables
1,49 Bil.
Average Inventory
1187500000
Debt to Market Cap
0.2

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

MIRC Electronics Limited Dividends
Year Dividends Growth
2004 1
2006 1 0%
2007 1 0%
2008 1 100%
2009 0 0%
2010 1 0%
2011 1 100%

MIRC Electronics Limited Profile

About MIRC Electronics Limited

MIRC Electronics Limited manufactures and markets electronics and consumer durables in India. It offers LED and LCD televisions, air conditioners, washing machines, microwave ovens, DVD home theatre systems, mobile phones, projector systems, LED lights, refrigerators, healthcare, air cooler, dishwashers, and LED lights under the Onida and IGO brands. The company also exports its products. MIRC Electronics Limited was incorporated in 1981 and is based in Mumbai, India.

CEO
Mr. Gulu Lalchand Mirchandani
Employee
484
Address
Onida House
Mumbai, 400093

MIRC Electronics Limited Executives & BODs

MIRC Electronics Limited Executives & BODs
# Name Age
1 Mr. Prasad Oak
Head of Legal, Corporate Affairs, Company Secretary & Compliance Officer
70
2 Mr. Deepak Sarawagi
Head of Accounts & Costing
70
3 Mr. Kaval G. Mirchandani
President & Whole Time Director
70
4 Mr. Vijay Jaikrishin Mansukhani
Founder, MD & Director
70
5 Mr. Shirish Suvagia
Chief Financial Officer & Additional Whole Time Director
70
6 Mr. Gulu Lalchand Mirchandani
Co-Founder, Chairman & MD
70

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