MIC Electronics LimitedQ1 FY27 Results & Financial Update
MIC Electronics Limited: Q1 FY27 consolidated results and company financials – revenue ₹43.72 Cr, PAT ₹2.13 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
Quarter at a glanceCurrent reported figures.Change figures appear when a comparable reported period is available.
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Quarterly Results AnalysisExplore MIC Electronics Q1 FY27 quarterly results and earnings: revenue, profit (PAT), EBITDA, margins, YoY and QoQ growth, order book or business updates where reported, financial performance and management commentary. Reported figures and Nivata calculations are shown separately; no buy, sell or hold recommendation is provided.
Quarter overview
Quarterly earnings analysis
During the quarter ended June 30, 2026, MIC Electronics reported consolidated revenue from operations of Rs. 43.72 crore, supported by a total income of Rs. 43.94 crore.
The primary revenue contributors for the quarter were the LED Products segment (Rs. 12.29 crore) and the Electrical & Electronics, Spare parts trading segment (Rs. 31.43 crore).
Total expenses for the period stood at Rs. 41.80 crore, which included inventory adjustments, employee benefits, finance costs, and depreciation expenses.
The company registered a profit before tax (PBT) and profit after tax (PAT) of Rs. 2.13 crore for the quarter, reflecting stable operational profitability with zero tax expense recorded during the period.
Basic and diluted earnings per share (EPS) for the quarter were recorded at Rs. 0.09 each based on an equity share capital base of Rs. 48.20 crore.
The statutory auditors, M/s. Bhavani & Co., conducted a limited review of both standalone and consolidated financial results and issued an unmodified review report.
Segment performance highlights indicated positive profit before tax and interest from both the LED Products and Electrical & Electronics trading divisions.
During the first quarter of fiscal year 2027, ended June 30, 2026, MIC Electronics Limited reported a consolidated revenue from operations of INR 43.7195 crore.
01 · Business model
What does MIC Electronics do?
MIC Electronics Limited is a prominent player in the design, development, and manufacturing of LED video displays, electronic and electrical equipment, and related components.
The company's operations span across multiple segments, primarily focusing on LED Products along with Electrical & Electronics and spare parts trading.
The consolidated reporting structure includes the performance of its wholly-owned Indian subsidiary, MICK Digital India Limited, and its foreign subsidiary company, SOA Electronics Trading LLC, based in Dubai.
The economic and operating model hinges on project-based execution for display and electronic solutions alongside trading activities that contribute to top-line turnover.
02 · Financial snapshot
Current-quarter financial snapshot
| Metric | Q1 FY27 |
|---|---|
| Revenue from operations | ₹43.72 Cr |
| Total income | ₹43.94 Cr |
| Profit before tax | ₹2.13 Cr |
| Profit after tax | ₹2.13 Cr |
| EPS | ₹0.09 |
Financial interpretation
What the reported numbers mean
Profit after tax represented 4.9% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.
Profit before tax was equivalent to 4.9% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.
Total income exceeded operating revenue by ₹0.22 crore. This is the disclosed difference between the two lines, not incremental sales. The distinction matters when assessing how much of the quarter’s reported income came from the operating top line.
Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.
03 · Why it moved
Why the quarter looked the way it did
What drove margins
Operating margins were influenced by material consumption costs of Rs. 43.91 lakh, purchases of stock-in-trade amounting to Rs. 30.88 crore, and inventory adjustments.
Employee benefit expenses stood at Rs. 2.43 crore, finance costs at Rs. 1.39 crore, and depreciation and amortization expenses at Rs. 0.96 crore.
Finance costs for the quarter stood at INR 1.3929 crore, acting as a recurring overhead item impacting profitability.
Depreciation and amortisation expenses were recorded at INR 0.09609 crore for the quarter.
04 · Segments, products & geography
Which parts of the business are doing the work
Segments and products
Generated revenue of Rs. 31.43 crore with a segment result of Rs. 0.38 crore and segment assets totaling Rs. 75.47 crore.
Recorded nil revenue for the quarter with a marginal segment loss of Rs. 0.55 lakh.
Generated revenue of INR 12.2894 crore with a segment result (profit before tax and interest) of INR 2.9359 crore.
Contributed revenue of INR 31.4301 crore with a segment result of INR 0.3787 crore.
Recorded negligible or zero segment revenue for the quarter with a slight negative segment result of INR (0.0055) crore.
05 · Strategy & new businesses
How the company is trying to change its growth mix
Consolidated results incorporate the unaudited financial results of wholly owned subsidiaries MICK Digital India Limited and SOA Electronics Trading LLC, Dubai.
06 · Reported developments
What changed operationally
The company sustained positive net profitability for Q1 FY27, reporting a PAT of Rs. 2.13 crore.
The company maintained a positive net profit of INR 2.1320 crore for the quarter.
07 · Beyond the numbers
What changed beyond the numbers
Reported update
Statutory Review
The financial results for the quarter ended June 30, 2026, were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on July 31, 2026.
Reported update
Statutory Review
The financial results for the quarter ended June 30, 2026, were subjected to a limited review by statutory auditors M/s. Bhavani & Co.
08 · Key Q&A
The quarter, answered directly
What does MIC Electronics do?
MIC Electronics Limited is a prominent player in the design, development, and manufacturing of LED video displays, electronic and electrical equipment, and related components.
What is the clearest takeaway from Q1 FY27?
During the quarter ended June 30, 2026, MIC Electronics reported consolidated revenue from operations of Rs. 43.72 crore, supported by a total income of Rs. 43.94 crore.
What drove revenue or demand?
Generated revenue of Rs. 31.43 crore with a segment result of Rs. 0.38 crore and segment assets totaling Rs. 75.47 crore.
What mattered most for margins or profitability?
Operating margins were influenced by material consumption costs of Rs. 43.91 lakh, purchases of stock-in-trade amounting to Rs. 30.88 crore, and inventory adjustments.
What changed operationally beyond the headline numbers?
Consolidated results incorporate the unaudited financial results of wholly owned subsidiaries MICK Digital India Limited and SOA Electronics Trading LLC, Dubai.
What should the next disclosure help confirm?
Monitor the revenue trajectory and profitability of the LED Products and Electrical & Electronics trading segments in upcoming quarters.
09 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
Starting point
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Reported values are prefilled where a comparable basis is available. Otherwise, the field starts at 0. You can overwrite every field.
Example: enter 10 for 10% revenue growth. Enter -100 for a 1 percentage-point margin decline.
Scenario output
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Scenario profit after tax₹0 cr
Profit change vs base₹0 cr (0%)
Scenario margin0%
Growth needed to keep profit flat after this margin move0%
The calculator holds the selected margin basis constant except for the basis-point adjustment you enter. It does not estimate tax, finance cost, dilution, working capital, valuation or share price.
10 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Segment Performance: Monitor the revenue trajectory and profitability of the LED Products and Electrical & Electronics trading segments in upcoming quarters.
- 02
Subsidiary Performance: Monitor the ongoing performance and operational integration of overseas and domestic subsidiaries including SOA Electronics Trading LLC and MICK Digital India Limited.
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Use Nivata’s plain-English guides to understand the accounting terms used in this brief before interpreting them.