MIC Electronics
71.76
-2.85(-3.82%)
Market Cap₹1,729.50 Cr
PE Ratio187.48
Company Performance:
1D-3.82%
1M+50.47%
6M+17.66%
1Y-16.26%
5Y+383.23%
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More news about MIC Electronics
25Jul 25
MIC Electronics Eyes Strategic Expansion with Potential Acquisition of Singapore's Neo Semi SG
MIC Electronics' Board of Directors has approved exploring the acquisition of equity shares in Neo Semi SG Pte. Ltd. (NSPL), a Singapore-based firm specializing in semiconductor technology, IoT solutions, and electronics refurbishment. This move aims to diversify MIC Electronics' portfolio into high-tech sectors including semiconductors, green energy, and digital service infrastructure. NSPL's ecosystem includes partnerships with a Silicon Valley chip design company, an energy management firm, and India's largest electronics refurbishment company. The acquisition, if completed, could create synergies and value in domestic and international markets. The transaction is subject to valuation, due diligence, and regulatory approvals.
22Jul 25
MIC Electronics to Explore Acquisition of Singapore-Based Company
MIC Electronics Limited has scheduled a Board of Directors meeting on July 25, 2025, to discuss and potentially approve the acquisition of a Singapore-based company. The board will review preliminary agreements and related documentation for the acquisition. A trading window closure has been implemented for designated persons and their immediate relatives in compliance with insider trading prevention measures. The company made this announcement in accordance with SEBI regulations.
16Jul 25
Mic Electronics Secures Railway Contract and Obtains BIS Certification
MIC Electronics Limited has secured a two-year Annual Maintenance Contract with the Vijayawada Division of South Central Railway Zone for display boards at Vijayawada Railway Station. The company has also obtained BIS certification for its Automatic Data Processing Machine, adhering to IS 13252(PART 1) : 2010/ IEC 60950-1 : 2005 standards.
04Jul 25
Mic Electronics Q1 Results: Revenue Rises, Profit Dips
MIC Electronics, an electronics industry player, released its Q1 financial results. Revenue increased by 8.41% year-over-year to ₹116.00 crore from ₹107.00 crore. However, profit declined by 13.27% to ₹17.00 crore from ₹19.60 crore in the same quarter last year. The divergence between revenue growth and profit decline suggests the company may have faced increased costs or expenses during the quarter.
22May 25
MIC Electronics Reports Strong Revenue Growth in Q4, EBITDA Margin Declines
MIC Electronics' Q4 results show significant growth with revenue up 95% to ₹448.00 crore. EBITDA increased by 55.6% to ₹84.00 crore, though EBITDA margin declined to 18.75%. Net profit before tax grew 23.6% to ₹68.00 crore. The company demonstrates strong top-line growth but faces challenges in maintaining operational efficiency.
28Apr 25
MIC Electronics Secures ISO Certification for EV Chargers and Advanced Controllers
MIC Electronics Limited has obtained ISO 45001:2018 and ISO 14001:2015 certifications from the United Registrar of Systems. These certifications cover design, development, manufacturing, supply, and servicing of various products including EV chargers, LED systems, and smart meters. The achievement demonstrates the company's commitment to occupational health, safety, and environmental management standards across its operations.
MIC Electronics
71.76
-2.85
(-3.82%)
1 Year Returns:-16.26%
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