MIC Electronics Limited is an Indian company specializing in the design, development, and manufacturing of LED lighting and display systems. The company is a pioneer in the LED technology segment, offering a wide range of products, including LED video displays, digital billboards, and general lighting solutions. MIC Electronics is known for its innovative and energy-efficient products tailored to meet diverse industrial and commercial needs. As of December 24, 2024, the MIC Electronics share price on the NSE is ₹86.42. Below are the projected MIC Electronics share price target for the years 2025, 2026, 2027, 2030, 2035 And 2040.
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MIC Electronics Limited Company Overview
Founded in 1988 and headquartered in Hyderabad, India, MIC Electronics has established itself as a key player in the LED lighting and display industry. The company caters to domestic and international markets, providing solutions for sectors such as advertising, transportation, sports, and urban infrastructure. With a strong focus on research and development, MIC Electronics continues to innovate and deliver cutting-edge LED technologies, contributing to sustainable energy solutions and visual communication advancements.
| Company type | Public |
| Trade as | BSE: 532850 NSE: MICEL |
| ISIN number | INE287C01037 |
| Industry | Electric Equipment |
| Founded | 1988; 36 years ago |
| Founders | Mr Kaushik Yalamanchili |
| Key people | Mr. Kaushik Yalamanchili (Managing Director) Mr. Siva Lakshmanarao Kakarala (Non Executive Director) Mr. Sivanand Swamy Mitikiri (Whole Time Director) Mr. Srinivas Rao Kolli (Independent Director) Mrs. Karuna Gayathri Upadhyayula (Independent Director) Mr. Subhash Lingareddi Somod (Independent Director) Mrs. Sabitha Ghanta (Independent Director) |
| Headquarters | MIC Electronics Limited, 192/B, IDA Phase-2, Cherlapalli, Hyderabad – 500051 |
| Industries served | Railways Airports Ports |
| Projects | IPIS PAPIS ELU Smart Meter Prototype LED Displays LED Lighting |
| Subsidiaries | Avni Energy Solutions Pvt. Ltd. MIC Electronics Inc. InfoSTEP India Pvt. Ltd. MIC Technologies Australia Pty Ltd. |
| Number of employees | 82 (2024) |
| Revenue | ₹56.57 Crore (FY24) |
| Net income | ₹61.84 Crore(FY24) |
| Total assets | ₹141 Cr (FY24) |
| Total Equity | ₹122 Cr (FY24) |
| Total Liabilities | ₹18.80 Cr (FY24) |
| Website | https://mic.co.in/ |
One Year MIC Electronics Share Price Growth Chart
MIC Electronics Share Price Forecast From 2025 To 2040
| Year | Year High Target (₹) | Year Low Target (₹) | Year-End Target (₹) |
| 2024 | ₹110 | ₹33 | ₹104 |
| 2025 | ₹138 | ₹98 | ₹131 |
| 2026 | ₹174 | ₹125 | ₹165 |
| 2027 | ₹220 | ₹149 | ₹209 |
| 2028 | ₹277 | ₹195 | ₹263 |
| 2029 | ₹349 | ₹256 | ₹331 |
| 2030 | ₹440 | ₹314 | ₹418 |
| 2035 | ₹897 | ₹408 | ₹728 |
| 2040 | ₹1239 | ₹773 | ₹917 |
Technical Analysis for MIC Electronics Ltd
MIC Electronics Share Price Target For 2025
| Year | 1st Target | 2nd Target |
| 2025 | ₹131 | ₹138 |
MIC Electronics is expected to continue its growth trajectory, with a projected share price target of ₹131 as the first target and ₹138 as the second target for 2025. These estimates reflect the company’s potential for moderate gains, driven by its strategic initiatives and market demand for its products.
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MIC Electronics Share Price Forecast For 2026
| Year | 1st Target | 2nd Target |
| 2026 | ₹174 | ₹165 |
In 2026, MIC Electronics may achieve a share price of ₹174 as its first target and ₹165 as its second target. This prediction suggests steady progress, with potential fluctuations due to external market conditions and company performance factors.
MIC Electronics Stock Price Target For 2027
| Year | 1st Target | 2nd Target |
| 2027 | ₹209 | ₹220 |
By 2027, MIC Electronics is anticipated to reach a share price target of ₹209 at the first level and ₹220 at the second level. This outlook indicates a strong upward trend, supported by advancements in technology and expanding market presence.
MIC Electronics Stock Price Forecast For 2028
| Year | 1st Target | 2nd Target |
| 2028 | ₹263 | ₹277 |
For 2028, MIC Electronics could achieve a first share price target of ₹263 and a second target of ₹277. These figures highlight the company’s consistent efforts to enhance its operational efficiency and tap into new revenue streams.
MIC Electronics Share Price Prediction For 2029
| Year | 1st Target | 2nd Target |
| 2029 | ₹331 | ₹349 |
As we look forward to 2029, MIC Electronics is projected to reach a first target of ₹331 and a second target of ₹349. This reflects the company’s ability to sustain long-term growth through innovation and market adaptation.
MIC Electronics Stock Price Prediction For 2030
| Year | 1st Target | 2nd Target |
| 2030 | ₹418 | ₹440 |
In 2030, MIC Electronics’ share price is estimated to climb to ₹418 as the first target and ₹440 as the second target. This milestone underlines the company’s potential to achieve significant growth over the next decade.
MIC Electronics Share Price Target For 2035
| Year | 1st Target | 2nd Target |
| 2035 | ₹852 | ₹897 |
By 2035, MIC Electronics is expected to reach a share price target of ₹852 at the first level and ₹897 at the second level. These projections indicate the company’s strong market position and the benefits of long-term investments in its shares.
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MIC Electronics Share Price Target For 2040
| Year | 1st Target | 2nd Target |
| 2040 | ₹1177 | ₹1239 |
Looking ahead to 2040, MIC Electronics could achieve a share price of ₹1177 as the first target and ₹1239 as the second target. This long-term outlook showcases the immense growth potential of the company, driven by sustained innovation and expanding market opportunities.
MIC Electronics Ltd Peers comparison
| Sector : Capital Goods | Industry : Electric Equipment | ||||
| Name | Mar Cap ₹Cr. | P/B | 1 Yr Perform(%) | Net Profit(Rs.) | Net Sales(Rs.) |
| MIC Electronics | 2,077.76 | 16.52 | 152.82 | 61 | 54 |
| Siemens | 235,887.10 | 15.36 | 67.46 | 2,718 | 22,239 |
| ABB India | 145,214.45 | 24.43 | 43.99 | 1,248 | 10,446 |
| CG Power | 108,985.84 | 36.12 | 52.77 | 871 | 8,045 |
| Havells India | 104,915.56 | 14.1 | 23.79 | 1,270 | 18,590 |
MIC Electronics Ltd Fundamentals
| Metric | Value |
| Market Cap | ₹1,991 Cr |
| P/E Ratio (TTM) | 35.31 |
| P/B Ratio | 9.22 |
| Industry P/E | 98.41 |
| Debt to Equity | 0.20 |
| Return on Equity (ROE) | 26.09% |
| EPS (TTM) | 2.34 |
| Dividend Yield | 0.00% |
| 52 Week High | ₹114 |
| 52 Week Low | ₹33 |
| Book Value | 8.96 |
| Face Value | 2 |
MIC Electronics Ltd Financial Results
| All In ₹Cr. | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM |
| Sales | 1 | 31 | 6 | 55 | 62 |
| Expenses | 3 | 25 | 5 | 42 | 48 |
| Operating Profit | -2 | 6 | 1 | 12 | 14 |
| OPM % | -150% | 18% | 13% | 23% | 23% |
| Other Income | 3 | 1 | 2 | 9 | 2 |
| Interest | 0 | 1 | 1 | 2 | 3 |
| Depreciation | 7 | 3 | 2 | 2 | 2 |
| Profit before tax | -5 | 3 | 0 | 18 | 12 |
| Tax % | 0% | 0% | 0% | -249% | |
| Net Profit | -5 | 3 | 0 | 62 | 56 |
| EPS in Rs | -0.25 | 0.13 | 0.01 | 2.79 | 2.53 |
| Dividend Payout % | 0% | 0% | 0% | 0% | |
| Compounded Sales Growth | Compounded Profit Growth | Stock Price CAGR | |||
| 10 Years: | -4% | 10 Years: | 19% | 10 Years: | 27% |
| 5 Years: | 62% | 5 Years: | 32% | 5 Years: | 168% |
| 3 Years: | 269% | 3 Years: | 130% | 3 Years: | 66% |
| TTM: | 240% | TTM: | 1184% | 1 Year: | 142% |
MIC Electronics Ltd Balance Sheet
| All In ₹Cr. | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 |
| Equity Capital | 44 | 44 | 44 | 44 | 48 |
| Reserves | -46 | 16 | 16 | 78 | 168 |
| Borrowings | 33 | 1 | 11 | 12 | 43 |
| Other Liabilities | 26 | 2 | 3 | 7 | 9 |
| Total Liabilities | 57 | 63 | 73 | 141 | 268 |
| Fixed Assets | 46 | 44 | 41 | 26 | 28 |
| CWIP | 0 | 0 | 3 | 0 | 0 |
| Investments | 0 | 3 | 3 | 0 | 51 |
| Other Assets | 10 | 16 | 26 | 115 | 189 |
| Total Assets | 57 | 63 | 73 | 141 | 268 |
MIC Electronics Ltd Shareholding Pattern
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | |
| Promoters | 74.63% | 74.63% | 74.59% | 67.51% | 66.46% |
| FIIs | 0.00% | 0.00% | 0.00% | 8.38% | 4.77% |
| Public | 25.38% | 25.37% | 25.41% | 24.11% | 28.76% |
| No. of Shareholders | 56,490 | 67,404 | 87,335 | 1,06,932 | 1,70,707 |
FAQs
Q.1. What is the share price target for MIC Electronics in 2025?
Ans: In 2025, the share price targets for MIC Electronics are projected to be ₹131 for the first target and ₹138 for the second target. These targets indicate a positive growth outlook, reflecting the company’s performance and market strategies.
Q.2. What is the share price target for MIC Electronics in 2026?
Ans: For 2026, MIC Electronics’ share price targets are ₹174 for the first target and ₹165 for the second target. These projections show steady progress, driven by the company’s focus on innovation and market expansion.
Q.3. What is the share price target for MIC Electronics in 2027?
Ans: In 2027, the share price targets are expected to reach ₹209 for the first target and ₹220 for the second target. These figures suggest an optimistic trajectory as the company strengthens its position in the industry.
Q.4. What is the share price target for MIC Electronics in 2028?
Ans: The share price targets for MIC Electronics in 2028 are estimated at ₹263 for the first target and ₹277 for the second target. These numbers highlight the company’s anticipated steady growth over the mid-term.
Q.5. What is the share price target for MIC Electronics in 2029?
Ans: By 2029, MIC Electronics’ share price targets are projected at ₹331 for the first target and ₹349 for the second target. These values suggest significant growth as the company continues to expand its product offerings and market presence.
Q.6. What is the share price target for MIC Electronics in 2030?
Ans: In 2030, the share price targets for MIC Electronics are estimated at ₹418 for the first target and ₹440 for the second target. These projections reflect the company’s potential for robust long-term growth.
Q.7. What is the share price target for MIC Electronics in 2035?
Ans: For 2035, the share price targets are ₹852 for the first target and ₹897 for the second target. These long-term figures demonstrate the company’s ability to maintain steady progress and capitalize on emerging opportunities.
Q.8. What is the share price target for MIC Electronics in 2040?
Ans: The share price targets for MIC Electronics in 2040 are projected at ₹1177 for the first target and ₹1239 for the second target. These estimates indicate strong long-term growth potential as the company adapts to market demands and technological advancements.
Q.9. Who is the CEO of MIC Electronics Ltd.?
Ans: The CEO of MIC Electronics Ltd. is Mr. Kaushik Yalamanchili, who oversees the company’s operations and strategic direction.
Q.10. What are the NSE and BSE codes for MIC Electronics Ltd.?
Ans: The NSE code for MIC Electronics Ltd. is MICEL, and the BSE code is 532850. These codes are used to track its stock performance on the respective exchanges.
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