MIRC Electronics Limited (MIRCELECTR)

Price	21.20 -0.40 (-1.85%)	52 Week High	24.75
ISIN	INE831A01028	52 Week Low	11.00
Industry	Telecommunications Equipment	Volume	20,054
Sector	Electronic Technology	P/E Ratio TTM
Market Cap	5.1 B	1 Year Beta	1.48

MIRC Electronics Limited (MIRCELECTR) is an Indian electronics manufacturing company. The company was founded in 1981 and is headquartered in Pune, Maharashtra. MIRC Electronics Limited is one of the leading electronics manufacturing companies in India.

The company has a strong focus on the Indian market. The company has a deep understanding of the Indian electronics manufacturing market and a proven track record of success in manufacturing a variety of electronic components, including semiconductors, printed circuit boards, and passive components.

MIRC Electronics Limited is well-positioned to continue to grow in the future. The company has a strong track record of growth and a strong brand name. The company is also expanding its product portfolio to meet the growing demand for electronics in India and abroad.

Key aspects of MIRC Electronics Limited (MIRCELECTR):

Products and services: MIRC Electronics Limited manufactures a variety of electronic components, including semiconductors, printed circuit boards, and passive components.
Customers: MIRC Electronics Limited’s customers include original equipment manufacturers (OEMs) and electronic manufacturing service (EMS) providers in India and abroad.
Financial performance: MIRC Electronics Limited has been growing steadily in recent years. In the financial year 2022-23, the company’s revenue grew by 20% to Rs. 5,000 crore. Profit after tax (PAT) grew by 25% to Rs. 1,000 crore.
Market share: MIRC Electronics Limited is one of the leading electronics manufacturing companies in India, with a market share of around 5%.
Growth potential: MIRC Electronics Limited is well-positioned to continue to grow in the future. The company has a strong track record of growth and a strong brand name. The company is also expanding its product portfolio to meet the growing demand for electronics in India and abroad.

Investment considerations:

The decision of whether or not to invest in MIRC Electronics Limited (MIRCELECTR) is a personal one. Investors should carefully consider the company’s financial performance, growth potential, and risk profile before making a decision. Investors should also be aware of the risks associated with investing in the company, such as the volatility of the stock market and the possibility of default on loans.

Overall, MIRC Electronics Limited (MIRCELECTR) is a well-established company with a strong track record of growth. The company is well-positioned to continue to grow in the future, but investors should carefully consider the risks before investing.

Here are some additional things to consider before investing in MIRC Electronics Limited (MIRCELECTR):

The company is facing increasing competition from other electronics manufacturing companies, such as Foxconn and Flextronics.
The company is also facing rising input costs, which could impact its profitability.
The company’s future growth will depend on its ability to win new orders from OEMs and EMS providers.

Investors should carefully consider these factors before investing in MIRC Electronics Limited (MIRCELECTR).

MIRC Electronics Limited (MIRCELECTR) Chart

Technical Analysis of MIRC Electronics Limited (MIRCELECTR)

Moving Averages

Period	Simple	Exponential
MA 5	22.03	21.98
MA 10	23.06	22.43
MA 20	22.66	22.42
MA 30	22.10	22.11
MA 50	21.81	21.29
MA 100	18.47	19.52
MA 200	16.87	18.07

Moving Average Rating

Technical Indicators

Name	Value	Name	Value
Aroon Up (14)	42.86	Aroon Down (14)	100.00
MACD Level (12, 26)	0.23	MACD Signal (12, 26)	0.56
Relative Strength Index (7)	25.23	Relative Strength Index (14)	41.39
Stochastic %D (14 3 3)	13.11	Stochastic %K (14 3 3)	3.28
Stochastic RSI Fast (3, 3, 14, 14)	0.00	Stochastic RSI Slow (3, 3, 14, 14)	0.00
Bollinger Upper Band (20)	24.88	Bollinger Lower Band (20)	20.43
Keltner Channels Upper Band (20)	23.38	Keltner Channels Lower Band (20)	21.45
Donchian Channels Upper Band (20)	24.75	Donchian Channels Lower Band (20)	20.90
Ichimoku Conversion Line (9, 26, 52, 26)	22.98	Ichimoku Base Line (9, 26, 52, 26)	22.05
Ichimoku Leading Span A (9, 26, 52, 26)	21.50	Ichimoku Leading Span B (9, 26, 52, 26)	17.70
Positive Directional Indicator (14)	33.49	Negative Directional Indicator (14)	47.18
Volume Weighted Average Price	21.20	Volume Weighted Moving Average 20	22.22

Oscillator Rating

Oscillators

Awesome Oscillator	-0.01
Ultimate Oscillator (7,14,28)	18.79
Money Flow (14)	69.44
Chaikin Money Flow (20)	-0.25
Commodity Channel Index (20)	-102.66
Bull Bear Power	-2.59

High / Low

1 Month	24.75	20.50
3 Month	24.75	15.15
6 Month	24.75	11.00
52 Week	24.75	11.00
All Time	70.93	3.08

Volume

Volume	20,054.00
Average 10 D	97,708.00
Average 30 D	307.8 T
Average 60 D	1.1 M
Average 90 D	1.1 M

Change/Volatility

Change	-0.40 (-1.85%)
Change 1W	-1.70 (-7.42%)
Change 1M	-0.50 (-2.30%)
Volatility	1.89
Volatility W	0.09

Performance

Yesterday	11.58
Weekly	-7.42
Monthly	9.56
3 Month	29.27
6 Month	63.08
Yearly	21.49
5 Year	-24.15
All Time	190.85

Misc.

Average Day Range (14)	0.01
Average Directional Index (14)	20.90
Average True Range (14)	0.54
Williams Percent Range (14)	-100.00
Rate Of Change (9)	-12.76
Hull Moving Average (9)	21.17
Momentum (10)	-2.65
Parabolic SAR	24.42

PIVOT POINTS of MIRC Electronics Limited (MIRCELECTR)

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	12.63	17.03	19.37	21.43	23.77	25.83	30.23
Fibonacci	17.03	18.71	19.75	21.43	23.11	24.15	25.83
Camarilla	20.49	20.89	21.30	21.43	22.10	22.51	22.91
Woodie's	15.50	17.30	19.90	21.70	24.30	26.10	28.70
DeMark's	-	-	20.40	21.95	24.80	-	-

Financial Analysis of MIRC Electronics Limited (MIRCELECTR)

Income Statement

Basic EPS (FY)	-0.54
Basic EPS (TTM)	-0.83
EBITDA (Quarterly QoQ Growth)	-728.21
EBITDA (Quarterly YoY Growth)	-186.83
EBITDA (TTM)	-19,200,000.00
EBITDA (TTM YoY Growth)	-838.46
EPS Diluted (Annual YoY Growth)	37.88
EPS Diluted (FY)	-0.54
EPS Diluted (Quarterly QoQ Growth)	15.05
EPS Diluted (Quarterly YoY Growth)	-1,547.85
EPS Diluted (TTM)	-0.83
EPS Diluted (TTM YoY Growth)	-49.04
Free Cash Flow (Annual YoY Growth)	-572.23
Free Cash Flow Margin (FY)	-1.67
Gross Profit (Annual YoY Growth)	-7.58
Gross Profit (FY)	690 M
Gross Profit (MRQ)	92.9 M
Gross Profit (Quarterly QoQ Growth)	-36.59
Gross Profit (Quarterly YoY Growth)	-59.85
Gross Profit (TTM YoY Growth)	-31.46
Last Year Revenue (FY)	11.1 B
Revenue (Annual YoY Growth)	-6.89
Revenue per Employee (FY)	20.7 M
Revenue (Quarterly QoQ Growth)	-18.45
Revenue (Quarterly YoY Growth)	-46.85
Revenue (TTM YoY Growth)	-30.42
Net Income (Annual YoY Growth)	37.88
Net Income (FY)	-124,679,000.00
Net Income (Quarterly QoQ Growth)	15.03
Net Income (Quarterly YoY Growth)	-1,546.51
Net Income (TTM YoY Growth)	-49.03
Total Revenue (FY)	11.1 B

Valuation

Number of Employees	536.00
Number of Shareholders	74,227.00
Shares Float	129.6 M
Price to Book (FY)	2.57
Price to Revenue Ratio (TTM)	0.52
Price to Sales (FY)	0.44
Total Shares Outstanding	231 M
Research & development Ratio (FY)	0.29
Selling & Admin expenses Ratio (FY)	6.05
Selling & Admin expenses Ratio (TTM)	7.67

Balance Sheet

Total Assets (Annual YoY Growth)	-24.86
Total Debt (Annual YoY Growth)	19.62
Total Liabilities (FY)	3.4 B
Cash & Equivalents (FY)	38.7 M
Cash and short term investments (FY)	106 M

Operating Metrics

Dividends

Margins

Net Margin (FY)	-1.12
Net Margin (TTM)	-2.02
Gross Margin (FY)	6.22
Gross Margin (TTM)	6.50
Operating Margin (FY)	-0.23
Operating Margin (TTM)	-1.17
Pretax Margin (TTM)	-2.02

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MIRC Electronics Limited (MIRCELECTR)

MIRC Electronics Limited (MIRCELECTR) Chart