MIC Electronics share price today

MIC Electronics Ltd's share price was ₹36.40 at the close on 4 November 2026. It has been falling for 87 weeks. That is 9.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹32 and ₹55, and at that close it sat 21% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today MIC Electronics Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 3 weeks in a row.

Over the last 11 years the share price moved +95% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

7 points on a year earlier, foreign funds (FIIs) raised their stake for 3 quarters in a row and promoters cut their stake for 6 quarters in a row.

1. Operating margin down 25.7 points on a year earlier

   9.7% in the June 2026 quarter, from 35.4%.

2. Foreign funds (FIIs) raised their stake for 3 quarters in a row

   From 0.2% to 20.4% of the company by the September 2026 quarter.

3. Promoters cut their stake for 6 quarters in a row

   From 66.5% to 41.7% of the company by the September 2026 quarter.

For April to June 2026 (the quarter ended 30 June 2026), MIC Electronics reported revenue of ₹43.7 crore, up 276.6% from ₹11.6 crore a year earlier, and a profit of ₹2.13 crore, up 27.5% from ₹1.67 crore.

MIC Electronics results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

MIC Electronics closed at ₹36.40 on 4 November 2026, down 28.8% from ₹51.15 a year earlier (7 November 2025) and up 102.8% over five years. Its highest weekly close since March 2016 was ₹99.98 on 27 September 2024.

MIC Electronics share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

533 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: MIC Electronics closed at ₹36.40, up 2.6% on the week and up 1.7% on the month. Results for April to June 2026: Revenue up 276.6% and profit up 27.5% on a year earlier.

MIC Electronics has paid no dividend on the NSE since 1 April 2021, the start of the period we checked.

No. MIC Electronics Ltd paid out 0% of its profit as dividends in each of its last 13 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 5 November 2026.

MIC Electronics is on one of our India lists: Penny stocks.

MIC Electronics Ltd earned ₹2.1 Cr of net profit in the Jun 2026 quarter, +27.5% on the same quarter a year earlier. The full FY26 year was a loss of ₹13.0 Cr. That is 4.9% of the quarter's revenue. The same quarter a year earlier earned ₹1.7 Cr. 1 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was −₹13.0 Cr (−230.0% on the year before).

Why profit moved: revenue changed +276.6% on a year earlier and the margin moved −25.7 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed −149.5% and revenue +248.9%. Profit is growing slower than sales: rising costs are taking part of the growth.

MIC Electronics Ltd reported ₹43.7 Cr of revenue in the Jun 2026 quarter, +276.6% on the same quarter a year earlier. That is the 6th quarter in a row with growth on the year before. Over 10 years it has grown −0.8% a year on average. The last full year, FY26, came in at ₹191 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹223 Cr.

FY26 revenue was ₹191 Cr, +101.1% on the year before.

Recent pace: the last four quarters grew +248.9% on average, against −0.8% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +132.7%, against +90.3% a year over the last 8 quarters (accelerating).

MIC Electronics Ltd's operating margin was 9.7% in the Jun 2026 quarter, 25.7 percentage points lower than the same quarter a year ago. Across 13 years it has been between −919.0% and 23.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −25.7 percentage points on the year while gross margin changed −43.6 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years MIC Electronics Ltd's operations used more cash than they brought in, so cash conversion was −160%, a gap worth watching. In FY26 it brought in ₹3.0 Cr of operating cash against −₹13.0 Cr of profit. After ₹2.0 Cr of spending on assets, ₹1.0 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

MIC Electronics Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹191 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. It spent ₹2.0 Cr on assets over the last 3 years.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Averaged over those years that is 0.3% of FY26 revenue a year.

Spending on assets: ₹2.0 Cr over the last 3 years, against ₹8.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹1.0 Cr (FY26): assets paid for that are not earning yet.

In short: most of the cash goes on covering the loss, not on new assets; spending on assets is small next to it.

MIC Electronics Ltd's P/E is 105.9×, in the middle of its own history: higher than 48% of past readings. Its usual P/E (the middle reading) is 109.8×, over 10 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.