ScoreWhy is MIRC Electronics Ltd ?
1
With a Operating Losses, the company has a Weak Long Term Fundamental Strength
- Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of -0.87
- The company has been able to generate a Return on Equity (avg) of 0.31% signifying low profitability per unit of shareholders funds
2
The company has declared Negative results for the last 4 consecutive quarters
- PBT LESS OI(Q) At Rs -24.17 cr has Fallen at -22072.73%
- PAT(Q) At Rs -22.34 cr has Fallen at -1754.8%
- NET SALES(9M) At Rs 504.88 cr has Grown at -25.31%
3
Risky - Negative EBITDA
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of 11.46%, its profits have risen by 9.6%
Real-Time Research ReportHow much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics & Appliances)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is MIRC Electronics for you?
High Risk, Medium Return
Absolute
Risk Adjusted
Volatility
MIRC Electronics
128.95%
0.18
63.88%
Sensex
-4.3%
0.43
11.83%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
0.39%
EBIT Growth (5y)
-264.74%
EBIT to Interest (avg)
-1.08
Debt to EBITDA (avg)
6.76
Net Debt to Equity (avg)
0.22
Sales to Capital Employed (avg)
3.41
Tax Ratio
0
Dividend Payout Ratio
0
Pledged Shares
28.42%
Institutional Holding
0.07%
ROCE (avg)
-5.68%
ROE (avg)
0.31%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
47
Price to Book Value
6.60
EV to EBIT
-26.44
EV to EBITDA
-31.32
EV to Capital Employed
5.60
EV to Sales
1.49
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-17.77%
ROE (Latest)
-29.68%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bullish
No Trend
OBV
No Trend
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend4What is working for the Company
DEBT-EQUITY RATIO(HY)
Lowest at 0.31 times
DEBTORS TURNOVER RATIO(HY)
Highest at 6.72 times
NET SALES(Q)
Highest at Rs 212.04 cr
-10What is not working for the Company
INTEREST(Latest six months)
At Rs 9.43 cr has Grown at 46.88%
PBT LESS OI(Q)
At Rs -14.07 cr has Fallen at -79.24%
PAT(Q)
At Rs -10.62 cr has Fallen at -101.5%
Loading Valuation Snapshot...
Here's what is working for MIRC Electronics
Net Sales - Quarterly
Highest at Rs 212.04 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Net Sales - Quarterly
At Rs 212.04 cr has Grown at 27.11%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Debt-Equity Ratio - Half Yearly
Lowest at 0.31 times
in the last five half yearly periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Debtors Turnover Ratio- Half Yearly
Highest at 6.72 times
in the last five half yearly periodsMOJO Watch
Company has been able to settle its Debtors faster
Debtors Turnover Ratio
Here's what is not working for MIRC Electronics
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs -14.07 cr has Fallen at -79.24%
Year on Year (YoY)MOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs -10.62 cr has Fallen at -101.5%
Year on Year (YoY)MOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Interest - Latest six months
At Rs 9.43 cr has Grown at 46.88%
over previous Half yearly periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
