Mic Electronics Limited

Designs, develops, and manufactures LED display systems, lighting products, and electronic solutions for various industries.

1988 | Hyderabad, Telangana (India) | Active
Last Updated:

Mic Electronics Profile

Key Indicators

  • Authorised Capital ₹ 75.00 Cr
  • Paid Up Capital ₹ 48.20 Cr
  • Company Age 36 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 63.93 Cr
  • Satisfied Charges ₹ 373.85 Cr
  • Revenue Growth -75.89%
  • Profit Growth -94.82%
  • Ebitda -85.32%
  • Net Worth 0.25%
  • Total Assets 15.55%

About Mic Electronics

Mic Electronics Limited (MEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 May 1988 and has a history of 36 years and ten months. Its registered office is in Hyderabad, Telangana, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532850 and on the National Stock Exchange(NSE) under MICEL.

The Corporate was formerly known as Mic Electronics Private Limited. The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 75.00 Cr and a paid-up capital of Rs 48.20 Cr.

The company currently has active open charges totaling ₹63.93 Cr. The company has closed loans amounting to ₹373.85 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mic Electronics Limited India are Muralikrishnan Madurai as Cfo, Lakshmi Alla as Company Secretary, and Rakshit Mathur as Ceo. Penumaka Ramesh, Kaushik Yalamanchili, Sabitha Ghanta, and Five other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L31909TG1988PLC008652

  • Company No.

    008652

  • Stock Symbol

    BSE : 532850 NSE : MICEL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 May 1988

  • Date of AGM

    27 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

What products or services does Mic Electronics Limited offer?

Mic Electronics Limited offers a wide range of products and services, including Street, Flood and Commercial Lights, Foot Light, Banners, Signs & Nameplates, Hoardings, LED Display Board & Light Boxes, Moving Message Displays, Electrical & Electronic Test Devices, Ammeter, Indoor Lights & Lighting Accessories, LED Lights.

Company report

Mic Electronics Limited

Explore comprehensive data for Mic Electronics Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Mic Electronics?

Executive Team (4)

NameDesignationAppointment DateStatus
Kaushik Yalamanchili Country flag representing In Managing Director06-Jul-2021Current
Muralikrishnan Madurai Country flag representing In CFO01-Oct-2021Current
Lakshmi Alla Country flag representing In Company Secretary08-Jun-2023Current
Rakshit Mathur CEO09-Aug-2024Current

Board Members (7)

NameDesignationAppointment DateStatus
Penumaka Ramesh Country flag representing In Director 15-Oct-2024Current
Upadhyayula Gayathri Country flag representing In Director 09-Dec-2019Current
Deepayan Mohanty Country flag representing In Director 10-Aug-2024Current
Sabitha Ghanta Country flag representing In Director 11-Nov-2023Current
Siva Lakshmanarao Country flag representing In Director 07-Aug-2019Current
Srinivas Kolli Country flag representing In Director 12-Mar-2022Current

Financial Performance of Mic Electronics.

Mic Electronics Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 75.89% decrease. The company also saw a substantial fall in profitability, with a 94.82% decrease in profit. The company's net worth moved up by a moderate rise of 0.25%.

Mic Electronics revenue growth over time
Mic Electronics profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-75.89%
Revenue from Operations
-81.08%
Total Assets
15.55%
Profit or Loss
-94.82%
Net Worth
0.25%
EBITDA
-85.32%

What is the Ownership and Shareholding Structure of Mic Electronics?

In 2023, Mic Electronics had a promoter holding of 74.63% and a public holding of 25.37%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹63.93 Cr

Satisfied Charges

₹373.85 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 39.00 Cr
  • Others : 24.72 Cr
  • Hdfc Bank Limited : 0.21 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2025Others₹1.65 CrOpen
27 Dec 2024Others₹1.65 CrOpen
28 Jun 2024Canara Bank₹39.00 CrOpen
29 May 2024Others₹9.20 MOpen
27 Feb 2024Hdfc Bank Limited₹2.07 MOpen

How Many Employees Work at Mic Electronics?

Mic Electronics has a workforce of 46 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Mic Electronics Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mic Electronics, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mic Electronics's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Mic Electronics

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 1.65 Cr with Charge ID 101071254 was registered on 28 Mar 2025.

  • Charges

    A charge with Canara Bank of Rs. 39.00 Cr registered on 28 Jun 2024 with Charge ID 100951126 was modified on 07 Jan 2025.

  • Charges

    A charge with Others of Rs. 20.50 Cr registered on 30 Jun 2023 with Charge ID 100736131 was modified on 07 Jan 2025.

  • Charges

    A charge registered on 27 Jul 2023 via Charge ID 100763811 with State Bank Of India was fully satisfied on 04 Jan 2025.

  • Charges

    A charge with Others amounted to Rs. 1.65 Cr with Charge ID 101022629 was registered on 27 Dec 2024.

  • Director Appointment

    Penumaka Venkata Ramesh was appointed as a Director was appointed as a Director on 15 Oct 2024 & has been associated with this company since 5 months 29 days .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Mic Electronics Limited?

    Mic Electronics Limited was incorporated on 17 May 1988.

  • What is authorized share capital and paid-up capital of Mic Electronics Limited?

    The authorized share capital of Mic Electronics Limited is ₹ 75.00 Cr and paid-up capital is ₹ 48.20 Cr.

  • Who are the current board members & directors of Mic Electronics Limited?

    Currently 11 directors are associated with Mic Electronics Limited.

    • Penumaka Venkata Ramesh
    • Kaushik Yalamanchili
    • Sabitha Ghanta
    • Deepayan Mohanty
    • Siva Kakarala Lakshmanarao
    • Upadhyayula Karuna Gayathri
    • Srinivas Rao Kolli
    • Sivanand Swamy Mitikiri
    • Muralikrishnan Sadasivam Madurai
    • Lakshmi Sowjanya Alla
    • Rakshit Mathur

  • What is the registered address of Mic Electronics Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mic Electronics Limited is Plot No. 192/B Phase-Ii Ida, Cherlapally India, Hyderabad, Telangana, 500051.

  • What is the corporate identification number (CIN) and company number of Mic Electronics Limited?

    The corporate identification number (CIN) of Mic Electronics Limited is L31909TG1988PLC008652 and the company number is 008652 as per Ministry of Corporate Affairs (MCA).

  • Is Mic Electronics Limited registered with any stock exchange in India?

    Yes, Mic Electronics Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MICEL.

  • What is the official website of Mic Electronics Limited?

    The Official website of Mic Electronics Limited is https://www.micelectronics.com

  • What has been the recent revenue trend for Mic Electronics Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mic Electronics Limited has fallen by -75.89%.

  • How many employees does Mic Electronics Limited currently have?

    As Per 2023 financial reports, 46 employees are currently employed by Mic Electronics Limited.

  • What change has been observed in the net worth of Mic Electronics Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mic Electronics Limited has experienced an upsurge of 0.25%.

  • What are the total open charges for Mic Electronics Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mic Electronics Limited amount to ₹ 63.93 Cr.

  • When was the last Balance Sheet of Mic Electronics Limited filed with the ROC?

    The most recent Balance Sheet for Mic Electronics Limited was filed with the ROC on 31 Mar 2024.

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