MIRC Electronics (MIRCELECTR.NS) Stock Price

MIRC Electronics Price

CLOSED
39.02INR-1.14 (-2.88 %)
Market closed

Revenue at MIRC Electronics has contracted by 2.6% per year over the past 19 years to 7.47 B INR. Earnings per share have declined at 18.1% per year over the last 15 years. MIRC Electronics's net margin stands at -0.3%, broadly stable from 0.2% several years earlier. MIRC Electronics currently offers a dividend yield of about 2.28%. The payout ratio is around 72% of earnings. The stock trades about 156% above its 52-week low.

MIRC Electronics stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of MIRC Electronics over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how MIRC Electronics stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing MIRC Electronics's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

MIRC Electronics Stock Price History
DateMIRC Electronics Price
7/15/202639.02 INR
7/14/202640.16 INR
7/13/202640.85 INR
7/10/202642.16 INR
7/9/202642.66 INR
7/8/202642.90 INR
7/7/202642.90 INR
7/6/202644.40 INR
7/3/202644.36 INR
7/2/202643.28 INR
7/1/202641.80 INR
6/30/202640.12 INR
6/29/202640.10 INR
6/25/202642.06 INR
6/24/202642.29 INR
6/23/202641.07 INR
6/22/202641.57 INR
6/19/202640.10 INR
6/18/202638.22 INR
6/17/202637.73 INR
6/16/202638.10 INR
6/15/202637.80 INR
6/12/202637.53 INR
6/11/202635.75 INR
6/10/202636.37 INR
6/9/202638.09 INR
6/8/202637.92 INR
6/5/202639.28 INR
6/4/202641.34 INR
6/3/202640.72 INR
6/2/202641.04 INR
6/1/202640.67 INR
5/29/202642.19 INR
5/28/202642.61 INR
5/27/202642.61 INR
5/26/202642.97 INR
5/25/202641.32 INR
5/22/202639.36 INR
5/21/202638.61 INR
5/20/202637.87 INR
5/19/202639.30 INR
5/18/202640.32 INR
5/15/202641.38 INR
5/14/202646.12 INR
5/13/202643.41 INR
5/12/202643.97 INR
5/11/202645.68 INR
5/8/202642.73 INR
5/7/202639.75 INR
5/6/202633.13 INR
5/5/202632.79 INR
5/4/202633.53 INR
5/1/202633.09 INR
4/30/202633.09 INR
4/29/202633.79 INR
4/28/202633.62 INR
4/27/202633.06 INR
4/24/202632.94 INR
4/23/202633.51 INR
4/22/202632.04 INR
4/21/202631.69 INR
4/20/202631.22 INR
4/17/202631.59 INR
4/16/202631.41 INR
4/15/202631.84 INR
4/13/202631.24 INR
4/10/202631.27 INR
4/9/202631.30 INR
4/8/202630.54 INR
4/7/202628.44 INR
4/6/202628.54 INR
4/2/202628.14 INR
4/1/202627.50 INR
3/30/202626.07 INR
3/27/202626.52 INR
3/25/202624.46 INR
3/24/202623.65 INR
3/23/202623.38 INR
3/20/202625.49 INR
3/19/202624.88 INR
3/18/202626.16 INR
3/17/202624.08 INR
3/16/202623.47 INR
3/13/202624.50 INR
3/12/202624.96 INR
3/11/202625.17 INR
3/10/202624.92 INR
3/9/202623.87 INR
3/6/202625.74 INR
3/5/202627.27 INR
3/4/202627.66 INR
3/2/202628.00 INR
2/27/202628.11 INR
2/26/202628.16 INR
2/25/202628.28 INR
2/24/202628.18 INR
2/23/202629.22 INR
2/20/202629.46 INR
2/19/202630.01 INR
2/18/202630.71 INR
2/17/202630.82 INR
2/16/202629.37 INR
2/13/202630.59 INR
2/12/202632.06 INR
2/11/202633.59 INR
2/10/202635.12 INR
2/9/202635.71 INR
2/6/202632.51 INR
2/5/202634.20 INR
2/4/202634.00 INR
2/3/202632.88 INR
2/2/202631.32 INR
1/30/202629.94 INR
1/29/202630.42 INR
1/28/202631.00 INR
1/27/202629.53 INR
1/23/202630.70 INR
1/22/202631.22 INR
1/21/202631.17 INR
1/20/202631.01 INR
1/19/202632.64 INR
1/16/202634.35 INR
1/15/202632.72 INR
1/14/202632.72 INR
1/13/202631.17 INR
1/12/202631.90 INR
1/9/202631.32 INR
1/8/202632.96 INR
1/7/202634.69 INR
1/6/202634.88 INR
1/5/202631.71 INR
1/2/202628.83 INR
1/1/202628.17 INR
12/31/202528.39 INR
12/30/202527.83 INR
12/29/202527.61 INR
12/26/202527.33 INR
12/24/202526.25 INR
12/23/202525.50 INR
12/22/202525.55 INR
12/19/202525.07 INR
12/18/202524.69 INR
12/17/202525.79 INR
12/16/202523.58 INR
12/15/202523.87 INR
12/12/202524.88 INR
12/11/202524.24 INR
12/10/202524.67 INR
12/9/202523.98 INR
12/8/202521.80 INR
12/5/202523.53 INR
12/4/202524.00 INR
12/3/202523.53 INR
12/2/202523.53 INR
12/1/202524.13 INR
11/28/202524.88 INR
11/27/202524.23 INR
11/26/202524.76 INR
11/25/202523.59 INR
11/24/202523.75 INR
11/21/202525.00 INR
11/20/202525.52 INR
11/19/202525.62 INR
11/18/202525.90 INR
11/17/202526.40 INR
11/14/202526.45 INR
11/13/202525.94 INR
11/12/202526.47 INR
11/11/202525.96 INR
11/10/202525.60 INR
11/7/202525.78 INR
11/6/202526.31 INR
11/4/202526.85 INR
11/3/202527.39 INR
10/31/202527.25 INR
10/30/202527.81 INR
10/29/202528.38 INR
10/28/202528.96 INR
10/27/202529.56 INR
10/24/202529.65 INR
10/23/202529.07 INR
10/21/202528.50 INR
10/20/202528.00 INR
10/17/202528.23 INR
10/16/202528.81 INR
10/15/202527.44 INR
10/14/202526.14 INR
10/13/202525.10 INR
10/10/202525.77 INR
10/9/202524.55 INR
10/8/202523.76 INR
10/7/202524.89 INR
10/6/202525.33 INR
10/3/202525.83 INR
10/1/202525.20 INR
9/30/202525.10 INR
9/29/202524.75 INR
9/26/202524.44 INR
9/25/202525.73 INR
9/24/202526.92 INR
9/23/202528.06 INR
9/22/202528.99 INR
9/19/202528.48 INR
9/18/202528.60 INR
9/17/202529.00 INR
9/16/202529.36 INR
9/15/202529.07 INR
9/12/202528.78 INR
9/11/202529.00 INR
9/10/202529.48 INR
9/9/202529.14 INR
9/8/202528.85 INR
9/5/202528.00 INR
9/4/202528.53 INR
9/3/202529.26 INR
9/2/202528.14 INR
9/1/202528.26 INR
8/29/202527.76 INR
8/28/202526.50 INR
8/26/202526.00 INR
8/25/202526.65 INR
8/22/202527.34 INR
8/21/202527.80 INR
8/20/202526.48 INR
8/19/202525.22 INR
8/18/202525.01 INR
8/14/202526.15 INR
8/13/202526.33 INR
8/12/202526.88 INR
8/11/202524.44 INR
8/8/202520.37 INR
8/7/202517.03 INR
8/6/202517.44 INR
8/5/202517.18 INR
8/4/202515.62 INR
8/1/202515.22 INR
7/31/202515.64 INR
7/30/202515.91 INR
7/29/202516.76 INR
7/28/202516.23 INR
7/25/202516.64 INR
7/24/202517.21 INR
7/23/202517.87 INR
7/22/202518.06 INR
7/21/202518.54 INR
7/18/202518.29 INR
Access this data via the Eulerpool API

MIRC Electronics Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2018
7.36 B INR
329.00 M INR
235.00 M INR
Jan 1, 2019
6.45 B INR
98.00 M INR
-44.00 M INR
Jan 1, 2020
6.04 B INR
24.00 M INR
-115.00 M INR
Jan 1, 2021
7.66 B INR
72.00 M INR
19.00 M INR
Jan 1, 2022
11.92 B INR
90.00 M INR
-201.00 M INR
Jan 1, 2023
11.10 B INR
-19.52 M INR
-124.68 M INR
Jan 1, 2024
9.68 B INR
-511.90 M INR
-622.08 M INR
Jan 1, 2025
7.47 B INR
50.32 M INR
-23.02 M INR

MIRC Electronics Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 17, 2026, 7:54 PM
 
REVENUEB INR
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB INR
EBITM INR
EBIT MARGIN%
NET INCOMEM INR
NET INCOME GROWTH%
DIV.INR
DIV. GROWTH%
SHARESM
2010201120122013201420152016201720182019202020212022202320242025
15.3119.4516.7613.1713.0410.747.727.677.366.456.047.6611.9211.109.687.47
5.2627.03-13.79-21.41-1.01-17.68-28.09-0.66-3.98-12.48-6.2426.7355.68-6.88-12.81-22.87
23.0122.5919.7118.2119.2026.3725.2525.4128.1026.1323.7315.9812.0813.118.2419.22
3.524.393.312.402.502.831.951.952.071.681.431.221.441.460.801.44
421.00679.0079.00-164.00-250.00277.00-124.00230.00329.0098.0024.0072.0090.00-19.00-511.0050.00
2.753.490.47-1.24-1.922.58-1.613.004.471.520.400.940.75-0.17-5.280.67
200.00290.00-387.00-312.00-621.00-46.00-270.00-192.00235.00-44.00-115.0019.00-201.00-124.00-622.00-23.00
185.7145.00-233.45-19.3899.04-92.59486.96-28.89-222.40-118.72161.36-116.52-1,157.89-38.31401.61-96.30
0.951.000.89
137.505.26-11.00
164.00159.00159.00160.00151.00171.00196.00200.00218.00231.00231.00231.00231.00248.93249.00249.00
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales MIRC Electronics generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue MIRC Electronics retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare MIRC Electronics's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares MIRC Electronics has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against MIRC Electronics's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

MIRC Electronics stock margins

The MIRC Electronics margin analysis displays the gross margin, EBIT margin, as well as the profit margin of MIRC Electronics. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for MIRC Electronics.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2018
28.10 %
4.47 %
3.19 %
Jan 1, 2019
26.13 %
1.52 %
-0.68 %
Jan 1, 2020
23.73 %
0.40 %
-1.90 %
Jan 1, 2021
15.98 %
0.94 %
0.25 %
Jan 1, 2022
12.08 %
0.75 %
-1.69 %
Jan 1, 2023
13.12 %
-0.18 %
-1.12 %
Jan 1, 2024
8.25 %
-5.29 %
-6.43 %
Jan 1, 2025
19.23 %
0.67 %
-0.31 %

MIRC Electronics Stock Revenue, EBIT, Earnings per Share

The MIRC Electronics earnings per share therefore indicates how much revenue MIRC Electronics has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2018
33.78 INR
1.51 INR
1.08 INR
Jan 1, 2019
27.90 INR
0.42 INR
-0.19 INR
Jan 1, 2020
26.16 INR
0.10 INR
-0.50 INR
Jan 1, 2021
33.15 INR
0.31 INR
0.08 INR
Jan 1, 2022
51.61 INR
0.39 INR
-0.87 INR
Jan 1, 2023
44.60 INR
-0.08 INR
-0.50 INR
Jan 1, 2024
38.88 INR
-2.06 INR
-2.50 INR
Jan 1, 2025
29.99 INR
0.20 INR
-0.09 INR

MIRC Electronics business model & stock analysis

MIRC Electronics Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

MIRC Electronics historical P/E ratio, EBIT multiple, and P/S ratio

MIRC Electronics annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

MIRC Electronics shares outstanding

The number of shares of MIRC Electronics was 249 M in 2025. This indicates how many shares MIRC Electronics is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

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  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2018
218.00 M Stocks
Jan 1, 2019
231.00 M Stocks
Jan 1, 2020
231.00 M Stocks
Jan 1, 2021
231.00 M Stocks
Jan 1, 2022
231.00 M Stocks
Jan 1, 2023
248.93 M Stocks
Jan 1, 2024
249.00 M Stocks
Jan 1, 2025
249.00 M Stocks

MIRC Electronics stock splits

In MIRC Electronics's history, there have been no stock splits.

MIRC Electronics Dividend History

17 years of dividend payments

YearAnnual DividendYoY ChangePayments
20120.89INR 11.1%
20111.00INR 5.3%
20100.95INR 137.5%
20090.40INR 60.0%
20081.00INR 33.3%
20070.75INR 44.4%
20061.35INR 35.0%
20041.00INR 90.0%
200310.00INR 0.0%
200210.00INR 185.7%

MIRC Electronics dividend payout ratio

In 2025, MIRC Electronics had a payout ratio of 63.95%. The payout ratio indicates the percentage of the company's profits that MIRC Electronics distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2018
64.31 %
Jan 1, 2019
63.83 %
Jan 1, 2020
63.92 %
Jan 1, 2021
64.02 %
Jan 1, 2022
63.92 %
Jan 1, 2023
63.95 %
Jan 1, 2024
63.96 %
Jan 1, 2025
63.95 %
Price targets and forecasts for MIRC Electronics are not yet available.

MIRC Electronics shareholder structure

% Name
21.25151%
Authum Investments and Infrastructure Ltd.
Authum Investments and Infrastructure Ltd.
17.68040%
Mirchandani (Gulu L)
Mirchandani (Gulu L)
8.95038%
Gulita Securities, Ltd.
Gulita Securities, Ltd.
8.54223%
Mansukhani (Marissa V)
Mansukhani (Marissa V)
4.65976%
360 ONE Asset Management Limited
360 ONE Asset Management Limited
2.35523%
SSPL Securities Pvt. Ltd.
SSPL Securities Pvt. Ltd.

MIRC Electronics Executives and Management Board

VM

Mr. Vijay Mansukhani

Executive Chairman of the Board, Managing Director · since 2007

Compensation12.16 M INR
GM

Mr. Gulu Mirchandani

(81)

Chairman Emeritus · since 2025

Compensation12.16 M INR
KM

Mr. Kaval Mirchandani

(49)

Whole-Time Director

Compensation3.19 M INR
AS

Mr. Arvind Sharma

Independent Non-Executive Director

Compensation200,000.00 INR
MA

Ms. Mohita Arora

Independent Non-Executive Director

Compensation140,000.00 INR

Frequently asked questions about MIRC Electronics

Converted at the current exchange rate, the MIRC Electronics share trades at 0.35 EUR (39.02 INR).