MIRC Electronics Limited Share Price and Company Fundamentals

0.050 (0.397%)
52 week
11.2 - 34.9

Last traded: Yesterday at 9:59 AM

MIRC Electronics Limited manufactures and markets electronics and consumer durables in India. It offers LED and LCD televisions, air conditioners, washing machines, microwave ovens, DVD home theatre systems, mobile phones, projector systems, infrared thermometers, refrigerators, and LED lights under the Onida and IGO brands. The company also exports its products. MIRC Electronics Limited was incorporated in 1981 and is based in Mumbai, India.

Key Metrics

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Enterprise value


Company profile

Industry / SectorFurnishings, Fixtures & Appliances / Consumer Cyclical
Mailing addressOnida House G1, MIDC Mahakali Caves Road Andheri East Mumbai 400093 India
Phone / Fax91 22 6697 5777 / 91 22 2820 2002


Dividend yield


Dividend amount


Payout ratio


MIRC Electronics Limited paid ₹0.00 dividend and the ex-dividend date was 09 June 2011.The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.MIRCELECTR dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

MIRCELECTR's forward dividend amount is ₹ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on MIRC Electronics Limited.

NameTitleAgeTotal Pay
Mr. Gulu Lalchand MirchandaniCo-Founder, Chairman & MD7810.62M
Mr. G. Sundar C.A., I.C.W.A.Chief Exec. Officer
Mr. Kaval G. MirchandaniPres & Whole Time Director463.18M
Mr. Vijay Jaikrishin MansukhaniFounder, MD & Director7211.15M
Mr. Lokesh SikkaCHRO, VP of HR & Admin. and Whole Time Director374.61M
Mr. Sailesh Raj KedawatChief Financial Officer
Mr. Deepak SarawagiHead of Accounts & Costing
Mr. Prasad OakHead of Legal, Corp. Affairs, Company Sec. & Compliance Officer
Mr. Pratyush ChinmoyAssistant Gen. Mang. of Marketing
Mr. Subrat NayakVP of Strategy

Profitability and management effectiveness

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Return on equity


Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of MIRC Electronics Limited is and its enterprise value is .

The MIRCELECTR's stocks Beta value is 1.19 making it 19% more volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

MIRC Electronics Limited (NSE:MIRCELECTR) Frequently Asked Questions

1. What is MIRC Electronics Limited's Stock Symbol?

MIRC Electronics Limited trades on NSE under the ticker symbol "MIRCELECTR".

2. What is MIRC Electronics Limited's stock price today?

One share of MIRCELECTR stock can currently be purchased for approximately ₹12.65.

3. How can I contact MIRC Electronics Limited?

MIRC Electronics Limited's mailing address is Onida House G1, MIDC Mahakali Caves Road Andheri East Mumbai 400093 India. The company can be reached via phone at 91 22 6697 5777.

4. What is MIRC Electronics Limited's official website?

The official website of MIRC Electronics Limited is https://www.onida.com.