MIC Electronics Limited (MICEL) Fair Value & Analysis
Technology · IN · Market cap ₹9.4B
Fair value as of: Jul 3, 2026
From 14 valuation models · updated today
Share price −8.0% over the past month.
Price vs Fair Value (12 months)
12‑month range ₹29.56 – ₹77.50 · fair‑value band ₹4.85 – ₹15.64 · the ₹39.19 price screens above the ₹12.21 fair value. As of Jul 3, 2026.
✦ Which stocks are undervalued right now? Check free Discover now →Analysis
MIC Electronics Limited (MICEL) currently trades at ₹39.19, while our model-based Fair Value estimate is ₹12.21 — implying the stock looks roughly 68.8% overvalued today. We read business quality at 33/100 (below-average quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: medium).
Over the trailing twelve months, MIC Electronics Limited generated revenue of ₹1.9B at a net margin of -6.6%. Revenue grew 13.3% year over year. It earns a return on equity of -5.8%. Net debt stands at ₹332M. Fundamentals as of Jul 3, 2026
Key figures & financial health
More key figures
Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.
About the company
MIC Electronics Limited designs, develops, manufactures, and sells Light-Emitting Diode (LED) based street lights and video displays worldwide. The company offers outdoor lighting products, such as street, parking, flood, and industrial lights; solar LED lighting; and general LED lighting products. It also provides indoor displays, such as indoor video screens and digital posters; outdoor displays, including outdoor video walls, digital billboards and posters, ticker displays, and perimeter displays; and passenger information displays systems; emergency light unit, passenger announcement and passenger information systems, and remote monitoring processing unit. In addition, the company offers electronic and telecommunication equipment, as well as develops telecom software. Its products are used in railway, sports stadium, transportation hubs, and public information displays. The company was incorporated in 1988 and is headquartered in Hyderabad, India.
Revenue & earnings trend
FY2022 – FY2026 · reported fiscal years
MIC Electronics Limited reported revenue of ₹1.9B in FY2026 versus ₹449M in FY2022, a compound +43.5%/yr. Reported net income was −₹126M in FY2026.
Is MICEL fairly valued? → Check now
Similar stocks
6 more Electronic Components stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Hon Hai Precision Industry Co HHPD | $0.1662 | $0.0100 | -94% |
| Delta Electronics, Inc 2308 | 2,080 TWD | 420.52 TWD | -80% |
| Amphenol Corporation APH | $165.96 | $69.46 | -58% |
| Corning Incorporated GLW | $168.17 | $37.61 | -78% |
| Samsung Electro-Mechanics Co 009150 | 1,000,000 KRW | 143,055 KRW | -86% |
| Luxshare Precision Industry Co 002475 | ¥65.51 | ¥20.56 | -69% |
Explore undervalued stocks
More undervalued Technology stocks →
Frequently asked questions
Is MIC Electronics Limited (MICEL) undervalued?
What is the fair value of MICEL?
What is the quality score of MICEL?
What is the revenue of MIC Electronics Limited (MICEL)?
What is the net profit margin of MICEL?
How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.
Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.