MIC Electronics Limited , a diversified technology company, has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025. The company demonstrated strong growth in its consolidated revenue while maintaining profitability.

Key Financial Highlights

All figures in Rs. Lakhs, except EPS

Performance Analysis

MIC Electronics witnessed a substantial increase in its consolidated revenue from operations, which rose by 38% year-over-year to Rs 3,788.93 lakhs in Q2 FY26. The company's total income for the quarter also saw a similar uptick, reaching Rs 3,841.89 lakhs, up 38.8% compared to the same period last year.

Despite the significant revenue growth, the company's net profit for Q2 FY26 showed a modest increase of 2% to Rs 216.80 lakhs. This suggests that while MIC Electronics successfully expanded its top line, it faced challenges in translating this growth into proportional bottom-line improvements.

For the half-year period, the company reported a consolidated revenue of Rs 4,950.14 lakhs, marking a 29.7% increase from the previous year. However, the net profit for H1 FY26 declined by 6.3% to Rs 383.50 lakhs, indicating some pressure on profitability over the six-month period.

Segment Performance

MIC Electronics operates through four business segments:

1. LED Products
2. Medical and other appliances
3. Automobiles
4. Electrical & Electronics spare parts trading

The company's financial report indicates that the LED Products segment and the Electrical & Electronics spare parts trading segment were the primary contributors to revenue during the quarter.

Management Commentary

Kaushik Yalamanchili, Managing Director of MIC Electronics Limited, stated, "Our Q2 results demonstrate robust top-line growth across our key business segments. While we've seen significant revenue expansion, we're also focusing on optimizing our operational efficiencies to improve profitability in the coming quarters."

Financial Position

As of September 30, 2025, MIC Electronics reported:

• Total assets of Rs 35,032.17 lakhs
• Total equity of Rs 22,843.34 lakhs
• A current ratio of 1.90, indicating a healthy short-term liquidity position

Outlook

While MIC Electronics has shown strong revenue growth, the company's focus in the near term is likely to be on improving its profit margins. The diverse business segments provide multiple avenues for growth, but managing costs and operational efficiency will be crucial for enhancing shareholder value.

Note: The financial results were reviewed by the Audit Committee and approved by the Board of Directors on October 15, 2025.

MIC Electronics Limited , a company specializing in electronic display systems and LED lighting solutions, has recently secured two significant orders from Indian Railways, totaling Rs. 1.76 crore. These orders mark an important development for the company in its engagement with the railway sector.

Order Details

Sambalpur Division Order

• Value: Rs. 1,19,73,573.30
• Scope: Shifting of existing Coach Indication Board Systems and Auto Announcement Systems
• Locations: Eight Amrit Bharat stations including SBP, BRGA, BLGR, TIG, KSNG, KBJ, SBPY & MSMD
• Execution Timeline: 6 months

Integral Coach Factory, Chennai Order

• Value: Rs. 56,47,291.20
• Scope: Supply of LED Emergency Lights (RDSO/SPEC/0180/TY-2)
• Execution Timeline: 9 months

Order Specifics

Both orders were secured through direct tender participation with Indian Railways. The Sambalpur Division order focuses on upgrading passenger information systems at Amrit Bharat stations, while the order from Integral Coach Factory, Chennai, is for the supply of essential safety equipment in the form of LED emergency lights.

Company Statement

MIC Electronics Limited disclosed this information in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company emphasized that these orders do not involve any related party transactions, and neither the promoter nor the promoter group companies have any interest in the entities awarding the orders.

Market Implications

These orders demonstrate MIC Electronics' continued engagement with the Indian Railways, one of the largest railway networks in the world. The contracts not only contribute to the company's order book but also highlight its capabilities in providing critical electronic and lighting solutions for the railway sector.

The successful execution of these projects could potentially lead to more opportunities within the Indian Railways ecosystem, supporting the company's growth in this sector. However, investors should note that the impact of these orders on the company's overall financial performance would depend on various factors, including successful and timely execution.

As MIC Electronics Limited works on fulfilling these orders, stakeholders will likely keep a close eye on the company's performance and any future announcements regarding similar contracts or expansions in the railway sector.