Sharekhan

MIRC Electronics Ltd

Thu 21/08/2025,15:58:45 | NSE : MIRCELECTR

₹ 27.801.32 (4.98%)

Data is delayed. Analysis is best done in real-time! Open a FREE Sharekhan Demat A/c in 15 mins* and continue your analysis with real-time data.

Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 27.80

Previous Close

₹ 26.48

Volume

1517224

Mkt Cap ( Rs. Cr)

₹779.63

High

₹ 27.80

Low

₹ 27.00

52 Week High

₹ 29.56

52 Week Low

₹ 10.87

Book Value Per Share

₹ 6.25

Dividend Yield

0.00

Face Value

₹ 1.00

What’s Your Call?

Collective community sentiment on MIRC Electronics Ltd

Your Vote -

Buy

75.11%

Hold

2.67%

Sell

22.22%

75.11%

225 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

100%

Sell Order Quantity

0%

Bid Price

Qty

27.80

35703

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

35703

Bid Price

Qty

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

0

Option Chain

Analyzes market sentiment, predicts MIRC Electronics Ltd' movement.

NO_RECORD_FOUND

News

Media spotlight triggers stock stock attention, sentiment.

  • Mirc Electronics - Announcement under Regulation 30 (LODR)-Meeting Updates

    20 Aug 2025, 1:34PM Scrutinizer Report on Remote E Voting for the AGM held on 18.08.2025
  • Mirc Electronics - Shareholders meeting

    18 Aug 2025, 5:27PM MIRC Electronics Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 18, 2025
  • Mirc Electronics - Announcement under Regulation 30 (LODR)-Meeting Updates

    18 Aug 2025, 5:32PM Proceedings of the 44th Annual General Meeting.
  • Mirc Electronics - Copy of Newspaper Publication

    15 Aug 2025, 2:08PM MIRC Electronics Limited has informed the Exchange about Copy of Newspaper Publication
  • Mirc Electronics - Copy of Newspaper Publication

    15 Aug 2025, 2:07PM MIRC Electronics Limited has informed the Exchange about Copy of Newspaper Publication
  • Mirc Electronics - Shareholders meeting

    14 Aug 2025, 7:54PM MIRC Electronics Limited has informed the Exchange regarding Notice of Extraordinary General Meeting to be held on September 06, 2025
  • Mirc Electronics - EGM On 06.09.2025

    14 Aug 2025, 7:42PM EGM on 06.09.2025
  • Mirc Electronics posts Q1 net loss of Rs 12.49 cr

    13 Aug 2025, 7:50PM The company reported standalone net loss during the quarter stood at Rs 12.49 crore compared to net profit of Rs 0.44 crore in the previous year quart
  • Mirc Electronics - Outcome of Board Meeting

    13 Aug 2025, 7:26PM MIRC Electronics Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
  • Mirc Electronics - Financial Results For The Quarter Ended 30.06.2025

    13 Aug 2025, 7:18PM Financial Results for the quarter ended 30.06.2025
  • Mirc Electronics - Board Meeting Outcome for Outcome Of Board Meeting

    13 Aug 2025, 7:01PM Outcome of Board Meeting
  • Mirc Electronics - Outcome of Board Meeting

    13 Aug 2025, 6:58PM MIRC Electronics Limited has informed the Exchange regarding Board meeting held on August 13, 2025.
  • Mirc Electronics has submitted to BSE the Shareholding Pattern for the Period Ended August 01, 2025

    10 Aug 2025, 3:40PM As of August 2025, 53.37% is owned by Indian Promoters and 46.64% by Public. <p align=justify> Top five Promoters holding highest number of shares of
  • Mirc Electronics - Update on board meeting

    8 Aug 2025, 3:22PM Mirc Electronics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2025 ,inter alia, to consider and
  • Mirc Electronics - Updates

    7 Aug 2025, 7:07PM MIRC Electronics Limited has informed the Exchange regarding 'Intimation of Board Meeting for approval of Unaudited Financial Results for the quarter
  • Mirc Electronics - Board Meeting Intimation for Approval Of Unaudited Financial Results For The Quarter Ended 30.06.2025

    7 Aug 2025, 5:33PM Mirc Electronics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2025 ,inter alia, to consider and
  • Mirc Electronics - Copy of Newspaper Publication

    6 Aug 2025, 5:38PM MIRC Electronics Limited has informed the Exchange about Copy of Newspaper Publication
  • Mirc Electronics - Allotment of Securities

    1 Aug 2025, 3:25PM MIRC Electronics Limited has informed the Exchange regarding allotment of 49489845 securities pursuant to Rights Issue at its meeting held on August 0
  • Mirc Electronics - Updates

    1 Aug 2025, 3:20PM MIRC Electronics Limited has informed the Exchange regarding 'Allotment of Shares'.
  • Mirc Electronics - Committee Meeting Updates

    1 Aug 2025, 3:16PM MIRC Electronics Limited has informed the Exchange regarding Outcome of Committee Meeting held on August 01, 2025.
  • Mirc Electronics - Announcement under Regulation 30 (LODR)-Allotment

    1 Aug 2025, 12:34PM Allotment of Shares
  • Mirc Electronics - Copy of Newspaper Publication

    26 Jul 2025, 4:01PM MIRC Electronics Limited has informed the Exchange about Copy of Newspaper Publication
  • Mirc Electronics - Updates

    25 Jul 2025, 6:49PM MIRC Electronics Limited has informed the Exchange regarding 'Annual Report 2024-25'.
  • Mirc Electronics - General Updates

    25 Jul 2025, 6:42PM MIRC Electronics Limited has informed the Exchange about General Updates
  • Mirc Electronics - Shareholders meeting

    25 Jul 2025, 6:38PM MIRC Electronics Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 18, 2025
  • Mirc Electronics - Communication Sent To Members Pursuant To Regulation 36(1)(B) Of SEBI (LODR), Regulations, 2015.

    25 Jul 2025, 6:30PM Communication sent to members pursuant to Regulation 36(1) (b) of SEBI (LODR), Regulations, 2015.
  • Mirc Electronics - Register Of Members And Share Transfer Book Of The Company Will Be Closed From August 11, 2025 To August 1

    25 Jul 2025, 6:25PM Intimation of Book Closure.
  • Mirc Electronics - Reg. 34 (1) Annual Report.

    25 Jul 2025, 6:17PM Annual Report 2024-25
  • Mirc Electronics - 44Th Annual General Meeting Of The Company Scheduled On Monday, August 18, 2025.

    25 Jul 2025, 6:11PM 44th Annual General Meeting of the Company scheduled on Monday, August 18, 2025.
  • Mirc Electronics - Allotment of Securities

    22 Jul 2025, 7:55PM MIRC Electronics Limited has informed the Exchange regarding allotment of 3000 securities pursuant to Non Convertible Securities at its meeting held o
  • Mirc Electronics - Announcement under Regulation 30 (LODR)-Allotment

    22 Jul 2025, 7:46PM Intimation of Allotment of Fully Paid, Unlisted, Senior, Secured, Redeemable, Non-Convertible Debentures - Tranche-II
  • Mirc Electronics - Copy of Newspaper Publication

    22 Jul 2025, 6:26PM MIRC Electronics Limited has informed the Exchange about Copy of Newspaper Publication
  • Mirc Electronics has submitted to BSE the Shareholding Pattern for the Period Ended June 30, 2025

    16 Jul 2025, 6:30PM As of June 2025, 53.37% is owned by Indian Promoters and 46.64% by Public. <p align=justify> Top five Promoters holding highest number of shares of Mi
  • Mirc Electronics - General Updates

    16 Jul 2025, 9:01AM MIRC Electronics Limited has informed the Exchange about General Updates
  • Mirc Electronics - Business- Updates

    16 Jul 2025, 8:58AM Business - Updates
  • Mirc Electronics - Alteration Of Capital and Fund Raising-XBRL

    8 Jul 2025, 8:06PM MIRC ELECTRONICS LIMITED has informed the Exchange regarding Allotment of Securities
  • Mirc Electronics - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    8 Jul 2025, 7:47PM MIRC Electronics Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • Mirc Electronics - Allotment of Securities

    8 Jul 2025, 7:45PM MIRC Electronics Limited has informed the Exchange regarding allotment of 3000 securities pursuant to Non Convertible Securities at its meeting held o
  • Mirc Electronics - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    8 Jul 2025, 7:40PM Certificate Under Regulation 74 (5) of SEBI (DP) Regulations, 2018
  • Mirc Electronics - Announcement under Regulation 30 (LODR)-Allotment

    8 Jul 2025, 7:37PM Intimation of Allotment of Fully Paid, Unlisted, Senior, Secured, Redeemable, Non-Convertible Debentures - Tranche I
  • Mirc Electronics - General Updates

    8 Jul 2025, 6:34PM MIRC Electronics Limited has informed the Exchange about General Updates
  • Mirc Electronics - Copy of Newspaper Publication

    8 Jul 2025, 6:30PM MIRC Electronics Limited has informed the Exchange about Copy of Newspaper Publication
  • Mirc Electronics - Intimation Of Dispatch Of Rights Issue Offer Documents To The Eligible Shareholders Of The Company.

    8 Jul 2025, 6:24PM Intimation of dispatch of Rights Issue Offer documents to the eligible shareholders of the Company.
  • Mirc Electronics - Outcome of Board Meeting

    2 Jul 2025, 5:35PM MIRC Electronics Limited has informed the Exchange regarding Board meeting held on July 02, 2025.
  • Mirc Electronics - Board Meeting Outcome for Outcome Of Board Meeting 02.07.2025

    2 Jul 2025, 5:32PM Outcome of Board Meeting 02.07.2025
  • Mirc Electronics - Board Meeting Intimation

    27 Jun 2025, 8:34PM MIRC ELECTRONICS LIMITED has informed the Exchange about Board Meeting to be held on 02-Jul-2025 to consider Fund raising.
  • Mirc Electronics - Board Meeting Intimation for Issuance Of Unlisted, Secured Non-Convertible Debentures.

    27 Jun 2025, 8:28PM Mirc Electronics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/07/2025 ,inter alia, to consider and
  • Mirc Electronics - Trading Window

    26 Jun 2025, 4:32PM MIRC Electronics Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations,
  • Mirc Electronics - Corrigendum

    26 Jun 2025, 4:30PM MIRC Electronics Limited has informed the Exchange regarding Corrigendum to Other
  • Mirc Electronics - Trading Window-XBRL

    26 Jun 2025, 4:27PM MIRC ELECTRONICS LIMITED has informed the Exchange about Closure of Trading Window
  • Mirc Electronics - Record Date

    24 Jun 2025, 9:56PM MIRC Electronics Limited has informed the Exchange that Record date for the purpose of Rights is 30-Jun-2025.
  • Mirc Electronics - Revised Record Date For Rights Issue Is 30.06.2025

    24 Jun 2025, 9:54PM Revised Record Date for Rights Issue is 30.06.2025
  • Mirc Electronics - Rights Issue

    24 Jun 2025, 9:49PM MIRC Electronics Limited has informed the Exchange that Board of Directors at its meeting held on Jun 24, 2025, has decided to issue equity shares on
  • Mirc Electronics - General Updates

    24 Jun 2025, 9:46PM MIRC Electronics Limited has informed the Exchange about General Updates
  • Mirc Electronics - Board Meeting Outcome for Outcome Of Rights Issue Committee Meeting

    24 Jun 2025, 9:43PM Outcome of Rights Issue Committee meeting
  • Mirc Electronics - Letter Of Offer

    24 Jun 2025, 9:40PM Letter of Offer
  • Mirc Electronics - General Updates

    24 Jun 2025, 9:39PM MIRC Electronics Limited has informed the Exchange about General Updates
  • Mirc Electronics - Copy of Newspaper Publication

    24 Jun 2025, 6:54PM MIRC Electronics Limited has informed the Exchange about Copy of Newspaper Publication
  • Mirc Electronics - Record Date

    23 Jun 2025, 5:40PM MIRC Electronics Limited has informed the Exchange that Record date for the purpose of Rights is 27-Jun-2025.
  • Mirc Electronics - Record Date For Rights Issue Is 27.06.2025.

    23 Jun 2025, 5:45PM Record Date for Rights Issue is 27.06.2025 .
  • Mirc Electronics - Disclosure under SEBI Takeover Regulations

    30 May 2025, 5:52PM MIRC Electronics Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Subs
  • Mirc Electronics - Copy of Newspaper Publication

    22 May 2025, 1:33PM MIRC Electronics Limited has informed the Exchange about Copy of Newspaper Publication
  • Dixon, MIRC Electronics

    21 Sep 2020 , 11:16AM The government has decided to reimpose 5% customs duty on open cells, a key component for television manufacturing, from October 1, 2020- Positive for Dixon Technologies

Key fundamentals

Evaluate the intrinsic value of MIRC Electronics Ltd stock 

Name March-25 March-24 March-23 March-22 March-21
Assets 227.0968 231.1575 270.2027 270.9506 301.1193
Liabilities 227.0968 231.1575 270.2027 270.9506 301.1193
Equity 23.1139 23.1139 23.1139 23.1139 23.1139
Gross Profit 8.138 -45.6661 5.0238 13.5648 13.4985
Net Profit -2.3017 -62.2083 -12.4679 -20.0714 1.8865
Cash From Operating Activities 30.9527 -4.5448 -8.7631 24.4828 15.3034
NPM(%) -0.3 -6.42 -1.12 -1.68 0.24
Revenue 746.6926 968.0365 1110.225 1192.172 765.8435
Expenses 738.5546 1013.7026 1105.2012 1178.6072 752.345
ROE(%) -1.31 -35.5 -7.11 -11.45 1.07

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
09 Jun 2011 1 100 0 24.6
10 Jun 2010 0.95 95 0 18.25
07 Aug 2009 0.4 40 0 14.3
19 Jun 2008 1 100 0 21.5
23 Mar 2007 0.75 75 0 17.4
18 Sep 2006 0.75 75 0 20.1
16 Jan 2006 0.6 60 0 22.1
30 Jul 2004 1 100 0 22.3
13 Aug 2003 10 100 0 406.8
16 Sep 2002 0 100 0 379.8
03 Sep 2001 0 20 0 485.1
12 Feb 2001 0 25 0 488.4
0 50 0 714.65
0 15 0 410.6
0 35 0 387.5
0 60 0 70.05

Peers

Other companies within the same industry or sector that are comparable to MIRC Electronics Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Prizor Viztech Ltd 281.00 1.96 0.00 28.41 94.92 0.00
Kaynes Technology India Ltd 6145.50 -0.89 129.60 169.83 438.24 0.00
Bajaj Electricals Ltd 594.20 0.03 64.52 306.46 578.36 0.50
EPACK Durables Ltd 377.35 -1.32 66.32 254.54 57.46 0.00

Company Info

1981 - The Company was incorporated on 01 January as Mirc Electronics Private Limited. The word Private was deleted from the name on 13th September, 1988 pursuant to Section 43-A(1A) of the Act, and a fresh certificate was issued by the Registrar of Companies, Maharashtra on 18th September, 1992 converting the company into a Public Limited Company. - Mirc Electronics Limited was promoted by Mr. Gulu L. Mirchandani, Mr. Vijay J. Mansukhani and Mr. Sonu L. Mirchandani. Guviso Holdings Limited is the holding company of Mirc Electronics Limited. - The other listed companies promoted by the promoters are Onida Saka Ltd., Onida Savak Ltd. and Monica Electronics Ltd. which are engaged in the manufacture of Colour Televisions, Black & White Televisions, Video Cassette Recorders, Audios, Air Conditioners, Washing Machines, Electronic Tuners and other electronic products. 1993 - The Company has launched two new models with better aesthetics and quality that the `ONIDA' brand demands. With the introduction of full range of Black & White televisions. - The Company has also recently launched a new colour television, incorporating state-of-the-art features for superlative performance. The remote control set for this product offers "master command", which have been recently introduced in Japan. - The Company has also introduced "Brother" fax machines in the Indian market. - The Company had offered for public subscription 12,67,500-15% Secured Fully Convertible Debentures of Rs.225/- each aggregating to Rs.28.52 crores. 1994 - The Company is also introducing 'ONIDA ARCADES', which shall be exclusive 'ONIDA' showrooms, situated in the prestigeous upmarket locations. - The Company had launched 6 new models in the middle segment, introducing products like Stereo Radio Recorders and MIDI systems. - As on 1st April, 16,90,000 Part 'B' Fully Convertible Debentures of the Company has been converted into 16,90,000 No. of Equity Shares of Rs.10/- each at a premium of Rs.140/- each; and 1,70,000 Part 'A' Convertible Portion of NCD's issued on private placement to Unit Trust of India had been converted into 1,70,000 Equity Shares of Rs.10/- each at a premium of Rs.140/- each aggregately resulting in an increase of the Equity Capital from Rs. 5.17 crores to Rs.7.03 crores. 1995 - The Company introduced the state of the art Wide Vision (16.9 aspect ratio) TVs and top of the line Component Audio systems. - The Company introduced three contemporary models (component systems) targeted at the top end of the Audio Market. The products have been well received in the market. - The Company introduced two new products in the personal audio systems category and three models in the low end market. - The Company was awarded ISO 9001 certification during the period under review. The improved compliance with the laid down Systems & Procedures, Total Quality Management discipline, Cost reduction & Value engineering would go a long way in fine tuning the performance of your Company. 1998 - The Company has come out with a new range of products christened "Techno Value", which have been launched with considerable success. 1999 - In technical collaboration with JVC, the company has also launched several other products aimed at the top-end of the market. These include a 42-inch plasma TV, a 29-inch flat TV, and a 29-inch swivel base TV. For the young generation, it has launched 14-inch TVs with colour bodies called Candy. - The Company had launched two brands Web Cruiser (television with Internet facility) and Candy, about a month back. - The Company launched two brands -- Web Cruiser (television with Internet facility) and Candy this year. - The Company recently introduced `Igo' the economy model. - The Company launched 13 new products, a few of which took even its multinational competitors by surprises. 2000 - The Company has introduced Onida KY Thunder, incorporating bassblaster technology. - The company, manufacturer of the Onida brand of television, has been awarded the second prize for excellence in consumer electronics by the Ministry of Information Technology. - Mirc Electronics, makers of the Onida band of Television, has joined hands with Italian Professional designer Gulliano Bellini and SRS labs Inc of the US, to launch a designer 21-inch colour tevevision, "Profile". - Mirc Electronics, manufacturers of Ondia telvision, has won the A&M award in the gold category for its television commercial, Kargil. - The Company has tied-up with the US-based TeleCruz Technology to manufacture Internet TVs and set-top boxes. - The Company approved the proposal of issue up to 20,00,000 No. Equity shares to UTI and up to 10,00,000 No.of equity shares to LIC of India on preferential basis. 2002 -Company declares interim dividend @225% on the paid up share capital of the company. -The Board approves the Scheme of Arrangement of Onida Infotech Services Ltd with the company. -Mirc releases a new TV brand 'Igo' targeting the rural market. -Mirc wins case filed by Sony, since their were no complaints launched by any customer against Mirc. -Promoters of Mirc have increased their stake in the company by 7% to the present 64% through the creeping acquisition route. -Mirc Electronics forays into audio, air-conditioner and home appliances market. 2003 - Fitch Ratings India Private Limited assigned a 'F1 (ind)' [F one plus (ind)] rating to the Rs.200mn commercial paper programme of the company -The company's equity shares having a nominal and paid up face of Rs 10/- per share are subdivided into Equity Shares having a nominal and paid up face value of Re 1/- per share. -Company has appointed Mr Vinod Verma as its Company Secretary and Compliance Officer wef November 1, 2003 after Mr Sanjay Jain resigned from the post. 2004 -MIRC Electronics members approve increase in FII Limits to 49% -Mr Vinod Verma, GM Finance & Company Secretary of the Company is hereby appointed as the Compliance Officer -Mirc Electronics Ltd. has informed that pursuant to the Companys application for voluntary delisting of equity shares under SEBI (delisting of securities) Guidelines 2003, the Bangalore Stock Exchange Limited vide their Letter dated January 30, 2004 have delisted the Companys securities from their exchange wef January 30, 2004. - Equity shares delisted from Delhi Stock Exchange -Delists Shares from Madras Stock Exchange 2005 -Mirc Electronics ties up with Wal-Mart for putting made-in-India TV -Mirc Electronics claimed that it had become the second largest CTV maker in the country 2006 -Mr. Girjesh Shrivastava has been appointed as Assistant Company Secretary and Compliance Officer of the company. 2007 -Mirc Electronics has declared an interim dividend @ 75% 2008 -Mirc Electronics has recommended 100% dividend 2009 -Mirc Electronics has recommended a dividend of Rs 0.40/- per equity share of face value of Re 1/- each 2010 -Mirc Electronics Ltd has recommended a dividend of Re. 0.95 paise per equity share of face value of Re. 1/- each 2011 -Mr. Shatrughan Singh has joined the company as Deputy Company Secretary. -Mirc Electronics have recommended a dividend of Re. 1.00 per equity share of Re. 1 each. 2013 -Mr. Shyamsunder Dhoot, Vice President-Operations has been appointed as an Additional & Whole Time Director of the Company -Dr. YV Verma has been appointed as the Chief Executive Officer of the company -Won an award from MICE Travel Mart Corporate Star Awards 2013 for "Best Incentive program for Distributors/Dealers Onida ranked 27th position in the The Brand Trust Report, India Study 2013. 2014 -Mirc Electronics focuses to gain market leadership in consumer durables segment. -The Company was appointed as the authorised national distributor for Vivitek range of Data Projectors. 2015 -The Company launched the I-genius Smart Air Conditioners. This AC is based on the IOT - INTERNET OF THINGS technology and can be completely controlled from the owner's Smart Phone through Wi-Fi. 2016 -Regalio Invertor AC Launched - Taking Artificial Intelligence to the next level, Introducing Smart Wi-Fi AC with Inverter technology which caters to the taste of evolving Indian consumers. 2017 -Amalgamation of Akasaka Electronics Limited (Transferor Company) with MIRC Electronics Limited (Transferee Company). 2018 -Launched the KY Super thunder reloaded, maximum impact maximum sound powered by Android 7.0. Launched The UIC SERIES, A google certified artificial Intelligence 4k UHD TV powered by Android 8.0 2020 -MIRC Electronics Limited has launched Refrigerators '.

1981 - The Company was incorporated on 01 January as Mirc Electronics Private Limited. The word Private was deleted from the name on 13th September, 1988 pursuant to Section 43-A(1A) of the Act, and a fresh certificate was issued by the Registrar of Companies, Maharashtra on 18th September, 1992 converting the company into a Public Limited Company. - Mirc Electronics Limited was promoted by Mr. Gulu L. Mirchandani, Mr. Vijay J. Mansukhani and Mr. Sonu L. Mirchandani. Guviso Holdings Limited is the holding company of Mirc Electronics Limited. - The other listed companies promoted by the promoters are Onida Saka Ltd., Onida Savak Ltd. and Monica Electronics Ltd. which are engaged in the manufacture of Colour Televisions, Black & White Televisions, Video Cassette Recorders, Audios, Air Conditioners, Washing Machines, Electronic Tuners and other electronic products. 1993 - The Company has launched two new models with better aesthetics and quality that the `ONIDA' brand demands. With the introduction of full range of Black & White televisions. - The Company has also recently launched a new colour television, incorporating state-of-the-art features for superlative performance. The remote control set for this product offers "master command", which have been recently introduced in Japan. - The Company has also introduced "Brother" fax machines in the Indian market. - The Company had offered for public subscription 12,67,500-15% Secured Fully Convertible Debentures of Rs.225/- each aggregating to Rs.28.52 crores. 1994 - The Company is also introducing 'ONIDA ARCADES', which shall be exclusive 'ONIDA' showrooms, situated in the prestigeous upmarket locations. - The Company had launched 6 new models in the middle segment, introducing products like Stereo Radio Recorders and MIDI systems. - As on 1st April, 16,90,000 Part 'B' Fully Convertible Debentures of the Company has been converted into 16,90,000 No. of Equity Shares of Rs.10/- each at a premium of Rs.140/- each; and 1,70,000 Part 'A' Convertible Portion of NCD's issued on private placement to Unit Trust of India had been converted into 1,70,000 Equity Shares of Rs.10/- each at a premium of Rs.140/- each aggregately resulting in an increase of the Equity Capital from Rs. 5.17 crores to Rs.7.03 crores. 1995 - The Company introduced the state of the art Wide Vision (16.9 aspect ratio) TVs and top of the line Component Audio systems. - The Company introduced three contemporary models (component systems) targeted at the top end of the Audio Market. The products have been well received in the market. - The Company introduced two new products in the personal audio systems category and three models in the low end market. - The Company was awarded ISO 9001 certification during the period under review. The improved compliance with the laid down Systems & Procedures, Total Quality Management discipline, Cost reduction & Value engineering would go a long way in fine tuning the performance of your Company. 1998 - The Company has come out with a new range of products christened "Techno Value", which have been launched with considerable success. 1999 - In technical collaboration with JVC, the company has also launched several other products aimed at the top-end of the market. These include a 42-inch plasma TV, a 29-inch flat TV, and a 29-inch swivel base TV. For the young generation, it has launched 14-inch TVs with colour bodies called Candy. - The Company had launched two brands Web Cruiser (television with Internet facility) and Candy, about a month back. - The Company launched two brands -- Web Cruiser (television with Internet facility) and Candy this year. - The Company recently introduced `Igo' the economy model. - The Company launched 13 new products, a few of which took even its multinational competitors by surprises. 2000 - The Company has introduced Onida KY Thunder, incorporating bassblaster technology. - The company, manufacturer of the Onida brand of television, has been awarded the second prize for excellence in consumer electronics by the Ministry of Information Technology. - Mirc Electronics, makers of the Onida band of Television, has joined hands with Italian Professional designer Gulliano Bellini and SRS labs Inc of the US, to launch a designer 21-inch colour tevevision, "Profile". - Mirc Electronics, manufacturers of Ondia telvision, has won the A&M award in the gold category for its television commercial, Kargil. - The Company has tied-up with the US-based TeleCruz Technology to manufacture Internet TVs and set-top boxes. - The Company approved the proposal of issue up to 20,00,000 No. Equity shares to UTI and up to 10,00,000 No.of equity shares to LIC of India on preferential basis. 2002 -Company declares interim dividend @225% on the paid up share capital of the company. -The Board approves the Scheme of Arrangement of Onida Infotech Services Ltd with the company. -Mirc releases a new TV brand 'Igo' targeting the rural market. -Mirc wins case filed by Sony, since their were no complaints launched by any customer against Mirc. -Promoters of Mirc have increased their stake in the company by 7% to the present 64% through the creeping acquisition route. -Mirc Electronics forays into audio, air-conditioner and home appliances market. 2003 - Fitch Ratings India Private Limited assigned a 'F1 (ind)' [F one plus (ind)] rating to the Rs.200mn commercial paper programme of the company -The company's equity shares having a nominal and paid up face of Rs 10/- per share are subdivided into Equity Shares having a nominal and paid up face value of Re 1/- per share. -Company has appointed Mr Vinod Verma as its Company Secretary and Compliance Officer wef November 1, 2003 after Mr Sanjay Jain resigned from the post. 2004 -MIRC Electronics members approve increase in FII Limits to 49% -Mr Vinod Verma, GM Finance & Company Secretary of the Company is hereby appointed as the Compliance Officer -Mirc Electronics Ltd. has informed that pursuant to the Companys application for voluntary delisting of equity shares under SEBI (delisting of securities) Guidelines 2003, the Bangalore Stock Exchange Limited vide their Letter dated January 30, 2004 have delisted the Companys securities from their exchange wef January 30, 2004. - Equity shares delisted from Delhi Stock Exchange -Delists Shares from Madras Stock Exchange 2005 -Mirc Electronics ties up with Wal-Mart for putting made-in-India TV -Mirc Electronics claimed that it had become the second largest CTV maker in the country 2006 -Mr. Girjesh Shrivastava has been appointed as Assistant Company Secretary and Compliance Officer of the company. 2007 -Mirc Electronics has declared an interim dividend @ 75% 2008 -Mirc Electronics has recommended 100% dividend 2009 -Mirc Electronics has recommended a dividend of Rs 0.40/- per equity share of face value of Re 1/- each 2010 -Mirc Electronics Ltd has recommended a dividend of Re. 0.95 paise per equity share of face value of Re. 1/- each 2011 -Mr. Shatrughan Singh has joined the company as Deputy Company Secretary. -Mirc Electronics have recommended a dividend of Re. 1.00 per equity share of Re. 1 each. 2013 -Mr. Shyamsunder Dhoot, Vice President-Operations has been appointed as an Additional & Whole Time Director of the Company -Dr. YV Verma has been appointed as the Chief Executive Officer of the company -Won an award from MICE Travel Mart Corporate Star Awards 2013 for "Best Incentive program for Distributors/Dealers Onida ranked 27th position in the The Brand Trust Report, India Study 2013. 2014 -Mirc Electronics focuses to gain market leadership in consumer durables segment. -The Company was appointed as the authorised national distributor for Vivitek range of Data Projectors. 2015 -The Company launched the I-genius Smart Air Conditioners. This AC is based on the IOT - INTERNET OF THINGS technology and can be completely controlled from the owner's Smart Phone through Wi-Fi. 2016 -Regalio Invertor AC Launched - Taking Artificial Intelligence to the next level, Introducing Smart Wi-Fi AC with Inverter technology which caters to the taste of evolving Indian consumers. 2017 -Amalgamation of Akasaka Electronics Limited (Transferor Company) with MIRC Electronics Limited (Transferee Company). 2018 -Launched the KY Super thunder reloaded, maximum impact maximum sound powered by Android 7.0. Launched The UIC SERIES, A google certified artificial Intelligence 4k UHD TV powered by Android 8.0 2020 -MIRC Electronics Limited has launched Refrigerators '.

Read More

Parent Organisation

MIRC Electronics Ltd.

Founded

01/01/1981

Managing Director

Mr.Kaval Mirchandani

NSE Symbol

MIRCELECTRBE

FAQ

The current price of MIRC Electronics Ltd is ₹ 27.80.

The 52-week high for MIRC Electronics Ltd is ₹ 27.80 and the 52-week low is ₹ 27.00.

The market capitalization of MIRC Electronics Ltd is currently ₹ 779.63. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy MIRC Electronics Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in MIRC Electronics Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase MIRC Electronics Ltd shares.

The CEO of MIRC Electronics Ltd is Mr.Kaval Mirchandani, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

OPEN FREE* DEMAT ACCOUNT