MIC Electronics schedules 38th AGM for September 16, 2026

0 min read | Published on 22 Aug 2026, 02:14 PM |Updated on 22 Aug 2026, 02:14 PM

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Riya DScanX News Team

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Key Highlights

MIC Electronics schedules 38th AGM for September 16, 2026
Share transfer books close from September 11 to September 16
Remote e-voting available from September 13 to September 15
FY26 Annual Report released alongside the meeting notice

*this image is generated using AI for illustrative purposes only.

MIC Electronics Limited has scheduled its 38th Annual General Meeting (AGM) for Wednesday, September 16, 2026, at its registered office in Hyderabad. The meeting coincides with the release of the company’s Annual Report for FY26.

The register of members and share transfer books will remain closed from Friday, September 11, 2026, to Wednesday, September 16, 2026, inclusive. Thursday, September 10, 2026, is designated as the cut-off date for determining voting eligibility.

E-Voting Facility

Shareholders may cast votes electronically through the Central Depository Services (India) Limited (CDSL) platform. The remote e-voting window opens on Sunday, September 13, 2026, at 9:00 am and closes on Tuesday, September 15, 2026, at 5:00 pm.

Compliance and Disclosure

In adherence to SEBI Listing Regulations, the AGM notice and annual report have been dispatched electronically to members with registered email addresses. Those without registered emails will receive a letter containing web links to access the documents.

The filing was signed by Lakshmi Sowjanya Alla, Company Secretary and Compliance Officer, on August 22, 2026.

Historical Stock Returns for MIC Electronics

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.00%	+6.52%	-0.34%	+3.35%	-26.08%	0.0%

What specific financial performance metrics or strategic initiatives are expected to be highlighted in the FY26 Annual Report released alongside the AGM?

How might the outcomes of the shareholder votes at the AGM influence MIC Electronics' capital allocation strategy for the upcoming fiscal year?

Are there any proposed changes to the board of directors or executive compensation structures that shareholders will be voting on during this meeting?

MIC Electronics

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MIC Electronics Q1 Results: Net profit down 5% YoY to ₹175.41 lakh

2 min read | Published on 03 Aug 2026, 08:28 PM |Updated on 03 Aug 2026, 08:28 PM

Reviewed by

Ashish TScanX News Team

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Key Highlights

MIC Electronics reported a standalone net profit of ₹175.41 lakh for Q1FY27, down 5.2% YoY. Consolidated results showed a net loss of ₹1834.58 lakh, reversing a profit of ₹166.70 lakh in the prior year quarter. Standalone revenue rose slightly to ₹1250.52 lakh.

*this image is generated using AI for illustrative purposes only.

MIC Electronics reported a standalone net profit of ₹175.41 lakh for the quarter ended June 30, 2026, representing a 5.2% year-on-year decline from ₹166.77 lakh in the corresponding period of FY25. The company’s consolidated results, however, reflected a significant downturn, with a net loss of ₹1834.58 lakh compared to a profit of ₹166.70 lakh in Q1FY25. Standalone revenue from operations increased marginally to ₹1250.52 lakh from ₹1175.08 lakh year-ago, while consolidated income rose sharply to ₹4393.53 lakh from ₹1175.08 lakh.

The Board of Directors approved the unaudited financial results at their meeting held on July 31, 2026. The results were reviewed by the Audit Committee and filed with the Bombay Stock Exchange and National Stock Exchange under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Managing Director Kaushik Yalamanchili signed off on the filings, which were subsequently published in Financial Express and Teluguprabha on August 02, 2026.

Financial Performance

Standalone earnings per share (EPS) remained flat at ₹0.07, matching the figure from Q1FY25. In contrast, consolidated EPS turned negative to -₹0.76, down from ₹0.07 in the previous year’s quarter. The divergence between standalone profitability and consolidated losses suggests that subsidiary or associate entities contributed significantly to the overall financial drag during the period.

Particulars	Standalone Q1FY27	Standalone Q1FY26	Consolidated Q1FY27	Consolidated Q1FY26
Revenue from Operations (₹ Lakh)	1250.52	1175.08	4393.53	1175.08
Net Profit/Loss (₹ Lakh)	175.41	166.77	-1834.58	166.70
Earnings Per Share (₹)	0.07	0.07	-0.76	0.07

What the Numbers Show

The most critical observation is the stark contrast between the standalone and consolidated performance. While the parent company maintained operational stability with a slight dip in profit, the consolidated entity incurred a substantial loss of ₹1834.58 lakh. This indicates that the primary financial pressure is located within the group’s subsidiaries or joint ventures rather than the core standalone operations. Investors should note that the consolidated revenue more than tripled compared to the standalone figure, suggesting recent acquisitions or consolidations that are currently impacting the bottom line negatively.

Equity share capital remained unchanged at ₹4820.23 lakh across both standalone and consolidated statements. The company did not declare any dividend for the quarter. Full format results are available on the stock exchange websites and the company’s official portal.

Historical Stock Returns for MIC Electronics

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.00%	+6.52%	-0.34%	+3.35%	-26.08%	0.0%

Which specific subsidiaries or joint ventures are driving the ₹1834.58 lakh consolidated loss, and what corrective measures are being implemented to restore their profitability?

Given the tripling of consolidated revenue, were recent acquisitions or business consolidations the primary cause of the increased operational scale, and do they align with long-term strategic goals?

How does management plan to bridge the divergence between standalone stability and consolidated losses in the upcoming quarters to protect shareholder value?

MIC Electronics

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