MIRC Electronics Limited (MIRCELECTR) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of MIRC Electronics Limited ₹3.77, price ₹31.44, upside -88.0%, quality 30 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? No
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MIRC Electronics Limited
MIRCELECTR · BSEWeakest SetupStrongly overvalued and low quality.
What runs behind every stock
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range ₹10.30 – ₹46.28 · fair‑value band ₹2.49 – ₹4.71 · the ₹31.44 price screens above the ₹3.77 fair value. Dashed = 300-day average. As of Sep 24, 2026.
Company profile
MIRC Electronics Limited manufactures, trades in, and markets electronics and consumer durables in India.
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MIRC Electronics Limited manufactures, trades in, and markets electronics and consumer durables in India. The company offers LED and LCD televisions, air conditioners, washing machines, microwave ovens, DVD home theatre systems, mobile phones, projector systems, LED lights, refrigerators, healthcare, air cooler, dishwashers, and LED lights under the Onida and IGO brands. It also exports its products. The company was incorporated in 1981 and is based in Mumbai, India.
Stock analysis
MIRC Electronics Limited (MIRCELECTR) currently trades at ₹31.44, while our model-based Fair Value estimate is ₹3.77, 88.0% below the price, so the stock looks overvalued today.
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Valuation
How firm this estimate is: it rests on 1 models at a data quality of 96/100, which puts the evidence level at low.
Scenario range: ₹2.49 (bear) to ₹4.71 (bull), the price of ₹31.44 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 30/100 (below-average quality), in the Consumer Cyclical sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
MIRC Electronics Limited reported revenue of ₹6.6B in FY2026 versus ₹11.9B in FY2022, a compound −13.7%/yr. Reported net income was −₹747M in FY2026.
Key figures
Market cap ₹14.2B (≈ $147M) · P/S ratio 2.11 · EPS (TTM) ₹−0.6800 · Net margin −11.3% · Return on equity −12.8% · Return on assets (EBIT) −4.4% · Operating margin −11.6% · Revenue (TTM) ₹6.7B.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 32 out of 100 (medium confidence).
What moves the price
The share trades about 32% below its 52-week high and 43% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at 29% fair-value upside, at −88%, MIRCELECTR screens richer than that median.
Fair Value models
All 1 models by family
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Set up alert →Quality Score breakdown
Of which business quality 34 · Market factors (momentum, volatility) 50
Revenue & earnings trend
MIRCELECTR screens overvalued: fair value 88% below the price. Compare with Midea Group →
Compare MIRC Electronics Limited with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Furnishings, Fixtures & Appliances · 300 stocks
Valuation Multiplesvs Furnishings, Fixtures & Appliances median · lower = cheaper
Context: sector, industry, market
- Is the Consumer Discretionary sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Indian Stocks
- Valuation of the India market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Furnishings, Fixtures & Appliances stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Midea Group 000333 | ¥82.65 | ¥129.21 | +56% |
| King Slide Works Co 2059 | 12,350 TWD | 4,427 TWD | −64% |
| Gree Electric Appliances, Inc 000651 | ¥38.50 | ¥97.62 | +154% |
| Haier Smart Home Co 600690 | ¥20.14 | ¥45.72 | +127% |
| SharkNinja, Inc SN | $177.74 | $100.43 | −43% |
| Somnigroup International Inc SGI | $62.75 | $31.80 | −49% |
| Mohawk Industries, Inc MHK | $125.12 | $107.31 | −14% |
| Hisense Home Appliances Group 000921 | ¥26.36 | ¥41.56 | +58% |
| COWAY Co 021240 | 99,800 KRW | 74,673 KRW | −25% |
| Zhejiang Supor Co 002032 | ¥39.23 | ¥50.78 | +29% |
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Frequently asked questions
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Key figures of MIRC Electronics Limited
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