₹25.97
-2.88% today
· 30d -9.67%
as of 2026-11-09
Price · Daily Candles
“Mirc Electronics' Sales Falter, But Technicals Hint at Reversal Amidst Steep Losses.”
Mirc Electronics, a consumer electronics firm, posted a significant Q4 FY26 net loss of ₹47.0 Cr, a -4113.56% YoY decline, alongside a -28.35% YoY revenue drop to ₹144.0 Cr. The company's annual revenue for FY26 also fell -11.61% YoY to ₹660.0 Cr, and it continues to be free cash flow negative at -₹126.0 Cr, representing a -7.91% yield.
BULL CASE
+The stock has seen substantial price appreciation recently, with 1-month returns at 30.24% and 1-year returns at 207.53%.
+RSI(14) is in a bullish state at 62.94, suggesting positive momentum for the immediate term.
+Despite recent struggles, ML predictions for EBIT show some neutral to strong signals for future growth, with 'ebit_1y_recent_2y' at a 0.572 rank and 'ebit_1y_stable_7y' at a 0.598 rank.
+The company's stock is trading at only 12.86% off its 52-week high of ₹49.23, indicating potential to retest prior highs.
BEAR CASE
−Mirc Electronics reported a substantial -4113.56% YoY decline in net profit for Q4 FY26, resulting in a net loss of ₹47.0 Cr.
−Quarterly revenue saw a significant -28.35% YoY decrease to ₹144.0 Cr in Q4 FY26, and annual revenue for FY26 also declined -11.61% YoY to ₹660.0 Cr.
−The company is currently free cash flow negative at -₹126.0 Cr, with a -7.91% FCF yield, posing a financial sustainability concern.
−Promoter shareholding remained stagnant at 40.51% QoQ as of March 2026, while FIIs reduced their stake by -0.01%.
⟳ What Changed
₹ Latest Earnings · Q ending 2026-09-30
REVENUE
₹199 Cr
+21.63% YoY
NET PROFIT
₹-40 Cr
OPM
-13.53%
-4.17pp YoY
EPS
₹-1.05
Intrinsic value · DCF: N/A — Company is currently free-cash-flow negative (-13.1% of mktcap). DCF assumes a going concern generating positive cash flow; a meaningful intrinsic value can only be computed once FCF turns positive. Use the Strategy Fit and ML sections instead.
◇ Sector Position
Mirc Electronics operates in the Furnishings, Fixtures & Appliances sector with a PB of 8.14, contrasting with sector peers like VOLTAS (PE 50.0, ROCE 18.51%) and AMBER (PE 144.96, ROCE 20.85%).
PEERPEROCE %
MIRCELECTR——
+ 2 more peers — sign in to view
ML Forward Growth Predictions 🔒
31
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
NEUTRAL
40
Valuation
—
—
Growth
DECLINING
26
Profitability
LOW
5
Technicals
WEAK
33
Risk
MODERATE
50
Key Stats
P/B
8.14
52W HIGH
₹49.23
OFF HIGH
-47.25%
MKT CAP
₹961 Cr
◉ Active Signals
MACDNeutral0.3088
RSI(14)Bearish39.18
⧉ Strategy Fit 🔒