In , MIRC Electronics Ltd (Consumer Electronics) is outperforming Nifty 500 with +32.8% relative strength. Fundamentals: Weak.
Weekly presence in the outperformers list. Green = beating Nifty 500 by 10%+ that week.
Earnings deceleration risks from management commentary
Trigger: Consumer electronics regulatory environment (customs duties, BIS standards, PLI scheme eligibility) directly affects MIRC's cost competitiveness as a domestic assembler/brand without captive component manufacturing scale.
Monitor: regulatory
Trigger: MIRC assembles and brands consumer electronics with significant imported component dependency. Commodity-driven cost structure with pricing power eroded by Chinese competition and e-commerce price discovery.
Monitor: commodity
Trigger: A consumer electronics assembler with high import content and INR-denominated revenues has structural FX exposure that cannot be fully hedged at MIRC's scale.
Monitor: fx
Key quotes from recent conference calls
“FY19 first half was affected by bad summer, increase in costs, depreciation in currency and increase in customs duty. [Risk (regulatory): HIGH]”
“Industry was impacted by Chinese products selling at lower price. [Risk (commodity): HIGH]”
“FY19 first half was affected by bad summer, increase in costs, depreciation in currency and increase in customs duty. [Risk (fx): MEDIUM]”
Revenue, profit and margin growth rates
| Metric | YoY | 3Y CAGR | Trend |
|---|---|---|---|
| Revenue | +27% | -14% | Inflection Up |
| PAT (Net Profit) | -160% | +40% | Inflection Down |
| OPM | -4.0% | -300 bps | Volatile |
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Apr 30, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
MIRC Electronics Ltd's latest quarterly results (Dec 2025) show
MIRC Electronics Ltd's profit is declining with an inflecting downward trend.
MIRC Electronics Ltd's revenue growth trend is turning around (inflection up).
MIRC Electronics Ltd's operating margin is volatile.
MIRC Electronics Ltd's long-term compounding rates
MIRC Electronics Ltd's earnings growth is inflecting downward with mixed signals on a sequential basis.
MIRC Electronics Ltd's trailing twelve month (TTM) performance
MIRC Electronics Ltd appears significantly overvalued based on our fair value analysis.
MIRC Electronics Ltd's price-to-book ratio is 7.8x.
MIRC Electronics Ltd is rated Weak with a fundamental score of 21/100. This score is calculated from objective financial metrics
MIRC Electronics Ltd has a debt-to-equity ratio of N/A.
MIRC Electronics Ltd's return ratios over recent years
MIRC Electronics Ltd's operating cash flow is positive (FY2025).
MIRC Electronics Ltd currently does not pay a significant dividend (yield 0.00%).
MIRC Electronics Ltd's shareholding pattern (Mar 2026)
MIRC Electronics Ltd's promoter holding has remained stable recently.
MIRC Electronics Ltd has been outperforming Nifty 500 for 3 consecutive weeks, indicating early-stage outperformance.
MIRC Electronics Ltd is an established outperformer with 3 weeks of consecutive Nifty 500 outperformance.
MIRC Electronics Ltd has 3 key risks worth monitoring
In Q4 FY19, MIRC Electronics Ltd's management highlighted
Based on quantitative research signals, here is why MIRC Electronics Ltd may be worth studying
MIRC Electronics Ltd investment thesis summary:
MIRC Electronics Ltd's forward outlook based on current data signals
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.
