Mirc Electronics Ltd.
Snapshot View

20.50 +0.05 ▲0.2%

27 July 2021, 04:00:00 P.M.
Volume: 152,332

Overview View Details

Sector Consumer Durables Compare with Sector peers
Industry Consumer Durables - Electronics Compare with Industry peers
Website http://www.onida.com
Financial Indicators
Market Cap 472.30 Cr.
Earnings per share (EPS) 0.08 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 251.22 Trailing Twelve Months Ending 2021-03
Industry PE 107.98 Trailing Twelve Months Ending 2021-03
Book Value / Share 9.68 Trailing Twelve Months Ending 2021-03
Price to Book Value 2.11 Calculated using Price: 20.45
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 23.10 Cr. 230,952,619 Shares
FaceValue 1
Company Profile

Mirc Electronics incorporated in 1981 is engaged in manufacturing and marketing of LCD TV, DVD and home theatres, air conditioner, washing machine, mobile phone, microwave oven and projectors and display products. The company was founded by Mr.G.L.Mirchandani and Mr.Vijay Mansukhani. Company markets its products under the brand name ‘ONIDA’.

Company’s manufacturing plant is located at Thane, Noida and Roorkee. Today the company has network of 33 branch offices, 208 Customer Relation Center's and 41 depots spread across the country. Company produces single colour television in 12 seconds and has manufacturing capacity of 1.2 million sets in a year.

The company also has sales and marketing office in Dubai. Mirc Electronics exports its products to Uganda, Tanzania, Kenya and Ethiopia and SAARC countries. Company are marketed in big hypermarkets like Lu Lu Centres, Carrefours, Geants and Dasmans in GCC countries. MIRC Electronics shares are listed on the National Stock Exchanges and Bombay Stock Exchanges.

Products

  • LCD TV
  • Television
  • DVD and Home Theatres
  • Air Conditioning
  • Washing Machine
  • Mobile Phones
  • Microwave Oven
  • Projectors and Display Product

Milestones

  • 1981- MIRC Electronics was established as a private limited company.
  • 1982- Company started the production of CTV at Nand Bhavan, Mumbai.
  • 1983- The company entered into a technical collaboration with JVC, Japan for CTV.
  • 1985- Company set up an in-house R&D unit.
  • 1986- MIRC Electronics expanded its production capacity and unit was shifted to Kalina .
  • 1990- Company started the production of Tuner.
  • 1991-Akasaka, PCB plant commences its operation. Company established manufacturing plant for CTV in Vasai.
  • 1992- Company crossed 1 million CTV sales mark.
  • 1995-Company received ISO 9001 certification for its quality management.
  • 1998-Company was awarded for excellence in electronics by ministry of IT.
  • 1999-It became first company in India to develop Internet enabled CTV.
  • 2000- Company launched the KY Thunder, Profile Series. 
  • 2001-Company won AV Max award for best CTV. It launched Onida Black, flat CTV range. The same year it launched multimedia projectors. Company commenced project to increase CTV capacity to 1 million
  • 2002- It completed project of expanding capacity from 600K CTVs to 1.2 million CTV's per year. Company launched 'KY Theatre'- its first complete Home Theatre package with circle surround sound. Company launched its economy brand-'Igo'. Company also launched VCD player.
  • 2003- It launched world's first LCD remote 'i-Control'. The same year it launched air-conditioners, rear projection TV, plasma TV and DVD players and fully automatic front loading washing machines. Company started its operation in Russia.
  • 2004- Company launched its 'Oxygen Series' CTV. The same year it microwave oven.
  • 2005-Company launched its 'POISON' range of CTV's     

      

Future Plans

Mirc Electronics expects to increase its presence in their product portfolio and emerge as a leading solutions provider for electronic home improvement good. The Company has also introduced a high tech world class LCD which is considered the best in the industry.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+0.24%
1 Week
-4.43%
1 Month
+21.66%
3 Month
+46.85%
6 Month
+84.52%
1 Year
+226.43%
2 Year
+60.78%
5 Year
+83.20%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) -15.76 -13.43 -35.50 0.53 -17.61 -14.57 13.67 -2.02 -5.24
Return on Capital Employed (%) -1.41 -1.87 -4.89 9.27 -1.22 0.41 12.97 3.52 0.17
Return on Assets (%) -4.67 -3.81 -8.60 0.12 -4.27 -3.47 4.43 -0.83 -2.10

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 228 199 139 167 146 124 237 234 222
Non Curr. Liab. 33 2 10 10 9 23 19
Curr. Liab. 517 526 530 506 436 384 297 256 337
Minority Int.
Equity & Liab. 777 725 669 674 592 517 543 513 577
Non Curr. Assets 233 229 216 188 182 148 145 151 148
Curr. Assets 544 496 454 486 410 369 397 362 429
Misc. Exp. not W/O
Total Assets 777 725 669 674 592 517 543 513 577

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 1,649 1,303 1,296 1,071 772 729 728 644 604
Other Income 3 7 1 1 3 2 5 4 3
Total Income 1,652 1,310 1,297 1,072 775 731 733 648 607
Total Expenditure -1,631 -1,302 -1,304 -1,030 -773 -695 -686 -628 -600
PBIDT 21 8 -8 41 3 36 47 20 7
Interest -36 -39 -38 -33 -29 -21 -14 -15 -12
Depreciation -22 -16 -14 -14 -12 -10 -9 -8 -7
Taxation 3 18 -3 6
Exceptional Items -5 9 5 -24 -2
PAT -39 -29 -60 1 -27 -19 23 -4 -11

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 32 23 55 44 22 50 47 -15 -4
Cash Fr. Inv. -2 -10 1 6 13 -15 -2 2
Cash Fr. Finan. -50 -13 -59 -57 -38 -37 -43 2 -2
Net Change -20 1 -4 -7 -3 -2 3 -11 -6
Cash & Cash Eqvt 27 29 25 18 15 15 18 7 1

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 52.91 52.91 53.36 53.36 53.36 53.36 53.36 53.36 53.36
Public 47.09 47.09 46.64 46.64 46.64 46.64 46.64 46.64 46.64
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 34.80 34.80 34.51 34.51 34.51 34.51 34.51 34.51 0.00

Announcements View Details

Thu, 15 Jul 2021
Shareholding for the Period Ended June 30 2021
Mirc Electronics Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Mon, 12 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- Gulu Mirchandani
Designation :- Managing Director / Whole Time Director
Tue, 06 Jul 2021
Related Party Transaction For The Half Year Ended March 31 2021.
Related Party Transaction for the half year ended March 31 2021.

Technical Scans View Details

Mon, 26 Jul 2021
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Decreasing Relative Strength - Benchmark index Decreasing Relative Strength - Benchmark index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Decreasing Relative Strength - Sectoral index Decreasing Relative Strength - Sectoral index
Both SRS And ARS Above Zero Both SRS And ARS Above Zero

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