MIRC Electronics LimitedMIRCELECTRCorporate

Electronics - Consumer Latest results: Mar 2026 13 quarters of data
₹36.93
MCap ₹1,364 Cr
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹144 Cr
Sales · Mar 2026
-28.4% YoY
₹-15 Cr
Operating Profit · Mar 2026
-10.4%
OPM % · Mar 2026
₹-47 Cr
Net Profit · Mar 2026
-4800.0% YoY
₹-1.28
EPS · Mar 2026
-3300.0% YoY

📝 MIRC Electronics Limited — results explained

Quarter ended March 2026 (Q4 FY26)

MIRC Electronics Limited reported revenue of ₹144 crore for the quarter ended March 2026 (Q4 FY26), down 28.4% from ₹201 crore in the same quarter last year, and down 32.1% sequentially over the December 2025 quarter.

The company reported a net loss of ₹47 crore, against a net profit of ₹1 crore in the same quarter last year. Earnings per share (EPS) came in at ₹-1.28.

Operating profit stood at ₹-15 crore — an operating margin (OPM) of -10.4%, compared with 0.0% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, MIRC Electronics Limited posted revenue of ₹660 crore, a decline of 11.6% over FY25, with a net loss of ₹74 crore.

On a trailing-twelve-month (TTM) basis, revenue stands at ₹660 crore with a net loss of ₹74 crore.

Valuation snapshot

At the current price of ₹36.93, MIRCELECTR has a market capitalisation of ₹1,364 crore.

Within the Electronics - Consumer industry, it is the largest of the 3 companies we track by market value.

Shareholding pattern

As of Mar 2026, promoters held 40.51%, foreign institutional investors (FIIs) 0.06%, domestic institutional investors (DIIs) 0.00%, public shareholders 59.43% of MIRC Electronics Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹1,364 Cr
Current Price ?
₹36.9
P/E ?
N/A
Industry P/E ?
49.00
P/B ?
5.73
P/S ?
2.07
P/FCF ?
-14.99
Enterprise Value ?
₹1,442 Cr
EV/EBITDA ?
-30.05
PEG ?
N/A
Earnings Yield ?
-3.9%
Dividend Yield ?
0.00%
Profitability & Returns
Sales (TTM) ?
₹660 Cr
OPM ?
-7.3%
Profit after tax (TTM) ?
₹-74 Cr
EPS (TTM) ?
₹-2.00
ROCE ?
-16.0%
ROE ?
-31.1%
ROA ?
-14.1%
Growth
Sales — latest qtr ?
₹144 Cr
PAT — latest qtr ?
₹-47 Cr
YoY qtr sales growth ?
-28.4%
YoY qtr profit growth ?
-4,800.0%
Sales growth (3y) ?
-16%
Sales growth (5y) ?
-3%
Profit growth (3y) ?
N/A
Profit growth (5y) ?
N/A
Financial Health
Debt ?
₹78 Cr
Debt to Equity ?
0.33
Interest Coverage ?
-3.7
Current Ratio ?
N/A
Ownership
Promoter holding ?
40.51%
Change in promoter holding ?
-12.86%
Pledged percentage ?
N/A
Market
Return 3 months ?
-3.6%
Return 6 months ?
25.4%

🗓️ Quarterly results (13 quarters · ₹ Cr)

same fiscal quarter as Mar bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026 YoY % QoQ %
Sales 225183193295297228151167201141163212144 -28.4% -32.1%
Operating Profit 0-3-37-4656-20-8-17-8-15 — -87.5%
Other Income 0231111361221-27 -550.0% -2800.0%
Interest 4344434433543 +0.0% -25.0%
Depreciation 3222222222222 +0.0% +0.0%
Profit Before Tax -7-6-62-5101-51-12-2-13-47 -4800.0% -261.5%
Net Profit -7-6-62-5101-51-12-2-13-47 -4800.0% -261.5%
EPS -0.26-0.22-0.230.06-1.820.020.05-0.190.04-0.45-0.06-0.35-1.28 -3300.0% -265.7%
OPM % 0.0% -1.6% -1.6% 2.4% -15.5% 2.2% 4.0% -1.2% 0.0% -5.7% -10.4% -3.8% -10.4% — -173.7%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹747 Cr ₹660 Cr ₹660 Cr -11.6%
Operating Profit ₹9 Cr ₹-48 Cr ₹-48 Cr -633.3%
OPM % 1.20% -7.27% -7.27% -705.8%
NPM % -0.40% -11.21% -11.21% -2702.5%
Other Income ₹11 Cr ₹-3 Cr ₹-3 Cr -127.3%
Depreciation ₹8 Cr ₹8 Cr ₹8 Cr +0.0%
Interest ₹14 Cr ₹15 Cr ₹15 Cr +7.1%
EBIT ₹1 Cr ₹-56 Cr ₹-56 Cr -5700.0%
PBT ₹-3 Cr ₹-74 Cr ₹-74 Cr -2366.7%
Tax — — — —
Net Profit ₹-3 Cr ₹-74 Cr ₹-74 Cr -2366.7%
EPS ₹-0.08 ₹-2.14 ₹-2.14 -2575.0%
Material Cost — — — —
Employee Cost — — — —
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 23232337 +60.9%
Reserves 168105103201 +95.1%
Borrowings 8210410278 -23.5%
Other Liabilities 257338301208 -30.9%
Total Liabilities 529570528524 -0.8%
Fixed Assets 87787272 +0.0%
CWIP 0000 —
Investments 12245 +2150.0%
Other Assets 440490454407 -10.4%
Total Assets 529570528524 -0.8%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity -9-531-107 -445.2%
Cash from Investing Activity 8-2-8-26 -225.0%
Cash from Financing Activity -18-24142 +691.7%
Net Cash Flow -21-19 +1000.0%
Free Cash Flow -8-431-91 -393.5%
CFO/OP -168%8%348%212% -39.1%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 29617476 +2.7%
Inventory Days 10498124120 -3.2%
Days Payable 82123172137 -20.3%
Cash Conversion Cycle 52362758 +114.8%
Working Capital Days 191783 +1085.7%
ROCE % -1%-20%5%-16% -420.0%

👥 Shareholding (latest 4 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026 % Chg
Promoters 53.37%53.37%40.51%40.51% +0.0%
FIIs 0.00%0.03%0.07%0.06% -14.3%
DIIs 0.01%0.01%0.00%0.00% —
Public 46.62%46.59%59.41%59.43% +0.0%
No. of Shareholders 77,61475,74073,85772,154 -2.3%

⚖️ Peer comparison

Industry: Electronics - Consumer · 3 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 MIRCELECTR MIRC Electronics ₹38.22 1,412 — 660 -74 -7.3% -11.2% -11.6% -2366.7% -28.4% -4800.0%
2 PULZ Pulz Electronics ₹104.65 228 49.1 34 5 17.9% 13.7% — — 19.4% 554.0%
3 PRIZOR Prizor Viztech ₹182.20 195 12.0 123 17 21.7% 13.4% — — 164.6% 155.5%
❓ Frequently asked questions
What was MIRC Electronics Limited's revenue in Q4 FY26?
MIRC Electronics Limited reported revenue of ₹144 crore for the quarter ended March 2026 (Q4 FY26), down 28.4% from ₹201 crore in the same quarter last year, and down 32.1% sequentially over the December 2025 quarter.
What was MIRC Electronics Limited's net profit in Q4 FY26?
The company reported a net loss of ₹47 crore, against a net profit of ₹1 crore in the same quarter last year. Earnings per share (EPS) came in at ₹-1.28.
What is MIRCELECTR's market capitalisation and P/E ratio?
At the current price of ₹36.93, MIRCELECTR has a market capitalisation of ₹1,364 crore.
Who owns MIRC Electronics Limited? (shareholding pattern)
As of Mar 2026, promoters held 40.51%, foreign institutional investors (FIIs) 0.06%, domestic institutional investors (DIIs) 0.00%, public shareholders 59.43% of MIRC Electronics Limited.
TTM ends 2026-03-31. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI