
MICEL Latest Share Price (MICEL)
TODAY IN ONE LINE
it trades at a P/E of N/A. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.
How good is this company?
Overall performance across 5 key dimensions.
MICEL flags & news
Key strengths, potential risks, and recent updates.
Green Flags
- ●Quarterly OutperformanceLatest quarter Sales up 255.8% and Profit up 21.5%
- ●Healthy Operating MarginsOPM is structurally strong at 25.5%
- ●Virtually Debt-FreeVery low Debt-to-Equity of 0.21x
- ●FII AccumulationFII holding increased by 14.77% QoQ
- ●Zero Pledge RiskNo recent active promoter pledging found
Red Flags
- ●Promoter SellingPromoter holding decreased by 9.19% QoQ
- ●Rising Receivables vs SalesReceivables grew 206.7% outpacing sales growth of 73.6%
Latest MICEL News
What changed recently?
Recent events, corporate actions, and announcements.
MICEL valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for MICEL, framed against the sector median so the premium or discount is obvious at a glance.
Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.
Valuation
Profitability
Growth
Financial Health
MICEL technical analysis: indicators, pivots and CPR.
Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for MICEL — derived from the latest tape, not yesterday's close.
MICEL last traded at ₹39.19 with an intraday range of ₹38.72–₹40.48 — latest indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Last: ₹39.19| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 43.73 | +4.54 | +11.58% |
| R3 | 41.97 | +2.78 | +7.09% |
| R2 | 41.22 | +2.03 | +5.19% |
| R1 | 40.21 | +1.02 | +2.59% |
| PIVOT | 39.46 | 0.27 | 0.70% |
| CURRENT | 39.19 | — | — |
| S1 | 38.45 | -0.74 | -1.90% |
| S2 | 37.70 | -1.49 | -3.79% |
| S3 | 36.69 | -2.50 | -6.39% |
| S4 | 34.93 | -4.26 | -10.88% |
MICEL is trading Below CPR, indicating Bearishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: ₹–₹
Trading Below opening range, showing Bearishness
MICEL financials: P&L, balance sheet, cash flow, ratios.
Reported annual and quarterly results for MICEL — consolidated or standalone — with margins, YoY growth and key ratios inline.
MICEL reports its full P&L, balance sheet, cash flow and ratios on this page — current reported EPS of ₹0.09.
| Metric | Mar 2026 | Apr 2026 |
|---|---|---|
| Revenue from Operations | 191 | 191 ▲ 0.0% |
| Sales Growth YoY %Derived | 101.05% | — |
| Other Income | 1 | 1 ▲ 0.0% |
| Total Income | 192 | 192 ▲ 0.0% |
| 138 | 138 ▲ 0.0% | |
| Gross ProfitDerived | 53 | 53 ▲ 0.0% |
| Gross Margin %Derived | 27.68% | 27.68% |
| 27 | 27 ▲ 0.0% | |
| EBITDA (Operating Profit)Derived | 25 | 25 ▲ 0.0% |
| OPM %Derived | 13.25% | 13.25% |
| 10 | 10 ▲ 0.0% | |
| Profit Before Tax (PBT) | 17 | 17 ▲ 0.0% |
| 29 | 29 ▲ 0.0% | |
| Effective Tax %Derived | 175.74% | 175.74% |
| Total Profit for Period | -13 | -13 ▲ 0.0% |
| Less: Non-controlling Interests | — | — |
| Net Profit (Owner's PAT)Derived | -13 | -13 ▲ 0.0% |
| Net Profit Margin %Derived | -6.63% | -6.63% |
| PAT Growth YoY %Derived | -228.50% | — |
| Earnings Per Share (EPS ₹) | -0.53 | -0.53 ▲ 0.0% |
| Diluted Shares Outstanding (Cr) | 24 | 24 ▲ 0.0% |
| Other Comprehensive Income (Net of Tax) | -0 | -0 ▲ 0.0% |
| Total Expenses (incl. D&A & Interest) | 175 | 175 ▲ 0.0% |
| Material Cost % of RevenueDerived | 26.61% | 26.61% |
| Employee Cost % of RevenueDerived | 5.49% | 5.49% |
| Other Cost % of RevenueDerived | 8.94% | 8.94% |
| Interest Coverage (x)Derived | 3.57x | 3.57x |
| Period | Mar 2019 | May 2019 | Mar 2020 | Oct 2020 | Mar 2021 | Jul 2021 | Mar 2022 | May 2022 | Mar 2023 | May 2023 | Mar 2025 | May 2025 | Mar 2026 | Apr 2026 | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 5 | 5 ▲ 0.0% | 2 ▼ 61.6% | 2 ▲ 0.0% | 1 ▼ 41.4% | 1 ▲ 0.0% | 45 ▲ 4023.9% | 45 ▲ 0.0% | 23 ▼ 49.0% | 23 ▲ 0.0% | 95 ▲ 313.6% | 95 ▲ 0.0% | 191 ▲ 101.1% | 191 ▲ 0.0% | |
| Sales Growth YoY %Derived | — | — | -61.57% | — | -41.40% | — | 4,023.85% | — | -49.03% | -49.03% | — | — | 101.05% | — | |
| Other Income | 1 | 1 ▲ 0.0% | 1 ▲ 50.0% | 1 ▲ 0.0% | 3 ▲ 217.2% | 3 ▲ 0.0% | 1 ▼ 58.6% | 1 ▲ 0.0% | 2 ▲ 49.2% | 2 ▲ 0.0% | 1 ▼ 36.1% | 1 ▲ 0.0% | 1 ▼ 6.3% | 1 ▲ 0.0% | |
| Total Income | 6 | 6 ▲ 0.0% | 3 ▼ 48.2% | 3 ▲ 0.0% | 4 ▲ 48.4% | 4 ▲ 0.0% | 46 ▲ 993.4% | 46 ▲ 0.0% | 25 ▼ 46.3% | 25 ▲ 0.0% | 96 ▲ 286.3% | 96 ▲ 0.0% | 192 ▲ 99.7% | 192 ▲ 0.0% | |
3 | 3 ▲ 0.0% | 1 ▼ 77.1% | 1 ▲ 0.0% | 1 ▲ 16.7% | 1 ▲ 0.0% | 30 ▲ 4188.6% | 30 ▲ 0.0% | 15 ▼ 49.9% | 15 ▲ 0.0% | 59 ▲ 292.1% | 59 ▲ 0.0% | 138 ▲ 133.6% | 138 ▲ 0.0% | ||
| Gross ProfitDerived | 2 | 2 ▲ 0.0% | 1 ▼ 43.2% | 1 ▲ 0.0% | 0 ▼ 69.0% | 0 ▲ 0.0% | 15 ▲ 3728.2% | 15 ▲ 0.0% | 8 ▼ 47.3% | 8 ▲ 0.0% | 36 ▲ 354.7% | 36 ▲ 0.0% | 53 ▲ 47.4% | 53 ▲ 0.0% | |
| Gross Margin %Derived | 45.87% | 45.87% | 67.74% | 67.74% | 35.78% | 35.78% | 33.21% | 33.21% | 34.35% | 34.35% | 37.76% | 37.76% | 27.68% | 27.68% | |
22 | 22 ▲ 0.0% | 18 ▼ 17.4% | 18 ▲ 0.0% | 2 ▼ 89.0% | 2 ▲ 0.0% | 9 ▲ 321.2% | 9 ▲ 0.0% | 6 ▼ 25.3% | 6 ▲ 0.0% | 18 ▲ 177.6% | 18 ▲ 0.0% | 27 ▲ 55.0% | 27 ▲ 0.0% | ||
| EBITDA (Operating Profit)Derived | -20 | -20 ▲ 0.0% | -17 ▲ 14.6% | -17 ▲ 0.0% | -2 ▲ 90.5% | -2 ▲ 0.0% | 6 ▲ 489.0% | 6 ▲ 0.0% | 1 ▼ 76.8% | 1 ▲ 0.0% | 18 ▲ 1119.3% | 18 ▲ 0.0% | 25 ▲ 39.9% | 25 ▲ 0.0% | |
| OPM %Derived | -416.32% | -416.32% | -925.27% | -925.27% | -150.46% | -150.46% | 14.19% | 14.19% | 6.46% | 6.46% | 19.04% | 19.04% | 13.25% | 13.25% | |
7 | 7 ▲ 0.0% | 8 ▲ 3.9% | 8 ▲ 0.0% | 7 ▼ 10.6% | 7 ▲ 0.0% | 5 ▼ 32.7% | 5 ▲ 0.0% | 3 ▼ 32.0% | 3 ▲ 0.0% | 6 ▲ 96.7% | 6 ▲ 0.0% | 10 ▲ 56.4% | 10 ▲ 0.0% | ||
| Profit Before Tax (PBT) | -27 | -27 ▲ 0.0% | -24 ▲ 12.9% | -24 ▲ 0.0% | -5 ▲ 77.4% | -5 ▲ 0.0% | 3 ▲ 156.0% | 3 ▲ 0.0% | 0 ▼ 91.4% | 0 ▲ 0.0% | 13 ▲ 4926.1% | 13 ▲ 0.0% | 17 ▲ 27.6% | 17 ▲ 0.0% | |
— | — | — | — | — | — | 0 | 0 ▲ 0.0% | 0 ▼ 85.7% | 0 ▲ 0.0% | 3 ▲ 32266.0% | 3 ▲ 0.0% | 29 ▲ 805.7% | 29 ▲ 0.0% | ||
| Effective Tax %Derived | — | — | — | — | — | — | 2.31% | 2.31% | 3.85% | 3.85% | 24.77% | 24.77% | 175.74% | 175.74% | |
| Total Profit for Period | -27 | -27 ▲ 0.0% | -24 ▲ 12.9% | -24 ▲ 0.0% | -5 ▲ 77.4% | -5 ▲ 0.0% | 3 ▲ 154.7% | 3 ▲ 0.0% | 0 ▼ 91.6% | 0 ▲ 0.0% | 10 ▲ 3832.5% | 10 ▲ 0.0% | -13 ▼ 228.5% | -13 ▲ 0.0% | |
| Less: Non-controlling Interests | — | — | — | — | — | — | 0 | 0 ▲ 0.0% | — ▼ 100.0% | — | — | — | — | — | |
| Net Profit (Owner's PAT)Derived | -27 | -27 ▲ 0.0% | -24 ▲ 12.9% | -24 ▲ 0.0% | -5 ▲ 77.4% | -5 ▲ 0.0% | 3 ▲ 153.4% | 3 ▲ 0.0% | 0 ▼ 91.3% | 0 ▲ 0.0% | 10 ▲ 3832.5% | 10 ▲ 0.0% | -13 ▼ 228.5% | -13 ▲ 0.0% | |
| Net Profit Margin %Derived | -567.98% | -567.98% | -1,287.63% | -1,287.63% | -496.33% | -496.33% | 6.43% | 6.43% | 1.09% | 1.09% | 10.37% | 10.37% | -6.63% | -6.63% | |
| PAT Growth YoY %Derived | — | — | 12.88% | — | 77.41% | — | 153.42% | — | -91.35% | -91.35% | — | — | -228.50% | — | |
| Earnings Per Share (EPS ₹) | -1.25 | -1.25 ▲ 0.0% | -1.09 ▲ 12.8% | -1.09 ▲ 0.0% | -0.25 ▲ 77.1% | -0.25 ▲ 0.0% | 0.13 ▲ 152.0% | 0.13 ▲ 0.0% | 0.01 ▼ 92.3% | 0.01 ▲ 0.0% | 0.40 ▲ 3900.0% | 0.40 ▲ 0.0% | -0.53 ▼ 232.5% | -0.53 ▲ 0.0% | |
| Diluted Shares Outstanding (Cr) | 22 | 22 ▲ 0.0% | 22 ▲ 0.0% | 22 ▲ 0.0% | 22 ▲ 0.0% | 22 ▲ 0.0% | 22 ▲ 0.5% | 22 ▲ 0.0% | 22 ▲ 0.0% | 22 ▲ 0.0% | 24 ▲ 8.8% | 24 ▲ 0.0% | 24 ▲ 0.0% | 24 ▲ 0.0% | |
| Other Comprehensive Income (Net of Tax) | — | — | — | — | — | — | — | — | — | — | -0 | -0 ▲ 0.0% | -0 ▼ 8.2% | -0 ▲ 0.0% | |
| Total Expenses (incl. D&A & Interest) | 33 | 33 ▲ 0.0% | 27 ▼ 18.8% | 27 ▲ 0.0% | 10 ▼ 64.0% | 10 ▲ 0.0% | 43 ▲ 348.3% | 43 ▲ 0.0% | 25 ▼ 43.1% | 25 ▲ 0.0% | 83 ▲ 237.3% | 83 ▲ 0.0% | 175 ▲ 111.0% | 175 ▲ 0.0% | |
| Material Cost % of RevenueDerived | 47.52% | 47.52% | 22.04% | 22.04% | 17.43% | 17.43% | 43.85% | 43.85% | 24.88% | 24.88% | 34.78% | 34.78% | 26.61% | 26.61% | |
| Employee Cost % of RevenueDerived | 76.24% | 76.24% | 132.26% | 132.26% | 57.80% | 57.80% | 7.01% | 7.01% | 15.06% | 15.06% | 7.88% | 7.88% | 5.49% | 5.49% | |
| Other Cost % of RevenueDerived | 385.95% | 385.95% | 860.75% | 860.75% | 128.44% | 128.44% | 12.01% | 12.01% | 12.83% | 12.83% | 10.84% | 10.84% | 8.94% | 8.94% | |
| Interest Coverage (x)Derived | -463.50x | -463.50x | -123.70x | -123.70x | -94.00x | -94.00x | 1.99x | 1.99x | -1.13x | -1.13x | 3.57x | 3.57x | 3.57x | 3.57x |
MICEL segment analysis : revenue and profit mix.
Disclosed business segments at MICEL with their share of revenue and profit, switchable between consolidated and standalone reporting.
MICEL discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
The Bull, Bear, and Flip case for MICEL.
Our AI distills the core fundamental drivers supporting MICEL, the risks that threaten it, and the quantitative conditions that could weaken the thesis.
MICEL's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
Promoter holding 51.7% signals strong management commitment and stability.
Low debt-to-equity ratio 0.20 ensures solid financial foundation and confidence.
Quarterly sales surged 38% YoY, demonstrating robust demand momentum.
Operating margin 13.5% reflects efficient cost management and operational discipline.
TTM revenue growth 13.3% YoY shows consistent top-line expansion trajectory.
Key Risks.
Net margin negative 5.7% TTM severely hurts profitability and shareholder returns.
ROE negative 5.8% indicates poor capital efficiency and value destruction.
P/E ratio 138x far exceeds peer median 81.8x, suggesting significant overvaluation.
Operating cash flow negative ₹41.2 Cr in FY25 signals acute liquidity strain.
High beta 1.57 indicates extreme price volatility and elevated investment risk.
Flip Conditions.
Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 1.00. Balance sheet risk re-prices growth multiples fast.
MICEL peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — MICEL is highlighted for quick read-across.
Quick Compare
Peer Comparison
| Company Name |
|---|
MICEL chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for MICEL — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
MICEL delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for MICEL over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in MICEL stood at 57.1% of traded volume, against a 20-day average of 60.2%.
MICEL announcements: results, concalls, ratings, M&A.
Filings MICEL sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
MICEL files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 98 documents below.
Certificate under SEBI (Depositories and Participants) Regulations, 2018
MIC Electronics Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
Updates
MIC Electronics Limited has informed the Exchange regarding 'The company has received trading approval from BSE & NSE for 5,68,73,418 shares allotted…
Shareholders meeting
MIC Electronics Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 16, 2026. Further, the…
Shareholders meeting
MIC Electronics Limited has informed the Exchange regarding Proceedings of the 38th Annual General Meeting held on September 16, 2026
General Updates
MIC Electronics Limited has informed the Exchange about the allotment of equity shares on a preferential basis
Investor decks & rating reports.
MICEL dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue MICEL has declared, sequenced by announce and record date.
MICEL corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About MICEL: business, sector, key facts.
What MICEL does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
MICEL operates in the Other Industrial Products industry under the Capital Goods sector, listed as NSE: MICEL, BSE: 532850.

MIC Electronics Limited (MICEL) is a global player in the design, development, manufacturing, and sales of LED video displays and a diverse range of electronic and telecommunication equipment. Their core business revolves around providing comprehensive lighting solutions and innovative display technologies, catering to both indoor and outdoor applications.
In the lighting sector, MICEL offers a wide array of products. This includes indoor lighting solutions like area lights, down lights, tube lights, and bulbs, designed for various commercial and residential applications. Their outdoor lighting portfolio encompasses street lights, parking lot lights, and industrial lights, meeting diverse needs for public spaces and industrial settings. Furthermore, they are involved in the burgeoning solar lighting market, offering solar-powered street and home lighting products, aligning with the growing demand for sustainable energy solutions. Finally, their portable lighting range includes lanterns and other home lighting options, demonstrating adaptability to diverse consumer needs.
A significant portion of MICEL's business focuses on LED video displays, spanning a broad spectrum of applications. For indoor spaces, they offer video screens and digital posters ideal for commercial advertising and information dissemination. Their outdoor display solutions are similarly diverse, encompassing large video walls, digital billboards and posters, ticker displays, and perimeter displays, designed for high visibility and impact. The company also caters to mobile display requirements with trailer and truck displays, enabling dynamic advertising on the move. Beyond standard display applications, MICEL provides specialized displays for passenger information systems and even infrastructure components for digital theme parks, highlighting their capacity to customize solutions for unique environments.
Beyond lighting and displays, MICEL's product portfolio extends to other electronic and telecommunication equipment, demonstrating diversification beyond their core offerings. Examples include oxygen concentrators and batteries, signifying an expansion into related technological sectors. This diversification allows MICEL to explore and capitalize on opportunities in multiple markets, creating resilience and a wider range of revenue streams.
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Questions investors ask about MICEL (MICEL).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of MICEL (MICEL)?
The current share price of MICEL (MICEL) is ₹39.19. Today, the stock has declined by ₹1.07 (2.66%), trading in a range of ₹38.72 to ₹40.48. The stock opened at ₹40.48 with a trading volume of 10,74,764 shares.
02Is MICEL stock a good investment for long-term?
MICEL can be considered for long-term investment based on several factors. The company has a market capitalization of ₹0, P/E ratio of 0, ROE of -6.29%, and ROCE of -7.13%. The dividend yield stands at 0%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of MICEL stock?
The 52-week high price of MICEL (MICEL) is ₹58.69, while the 52-week low is ₹29.97. Currently trading at ₹39.19, the stock is 30.76% above its 52-week low and 33.23% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy MICEL stock at the current price?
Whether to buy MICEL stock at ₹39.19 depends on multiple factors. The stock is currently trading with a P/E ratio of 0 and P/B ratio of 3.85. Today's performance shows a loss of 2.66%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of MICEL and when is the next dividend?
MICEL offers a dividend yield of 0%, which means for every ₹100 invested at the current price of ₹39.19, you can expect to receive approximately ₹0.00 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of MICEL?
MICEL's key financial metrics include: P/E Ratio: 0, P/B Ratio: 3.85, ROE: -6.29%, ROCE: -7.13%, Dividend Yield: 0%, EPS: ₹0.09, Book Value: ₹8.99, and Debt-to-Equity: 0.21. The company's market cap stands at ₹0. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is MICEL stock performing today in the market?
MICEL stock opened at ₹40.48 and is currently trading at ₹39.19, showing a decline of ₹1.07 (2.66%). The intraday high is ₹40.48 and low is ₹38.72. The trading volume stands at 10,74,764 shares, indicating strong market participation today.
08What is the P/E ratio of MICEL and what does it indicate?
MICEL has a Price-to-Earnings (P/E) ratio of 0, which means investors are willing to pay 0.00 for every ₹1 of earnings. With an EPS of ₹0.09, this P/E ratio suggests the stock may be undervalued or facing growth challenges. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about MICEL (MICEL) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.