MIRC Electronics (MIRCELECTR)

Score breakdown: P/E: 0/3 · ROCE: 0/2 · Growth: 0/2 · Dividend: 0/1

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

Let’s examine MIRC Electronics through a Graham-Buffett lens. At ₹33.51, the market cap is ₹1,038 Cr, but the company has no earnings—P/E is 0.00—and just posted a net loss of ₹13 Cr on ₹212 Cr of latest-quarter sales. A business that cannot generate positive profit while its top line grows is consuming capital, not creating it. Return on equity is deeply negative at -20.07%, while book value is only ₹3.72 per share, so paying ₹33.51 means buying at 9 times book for an asset with poor earning power. The ROCE of 5.35% is likely below any reasonable cost of capital, and the Piotroski F-Score of 4/9 signals weak fundamentals. Debt/equity of 0.31 is not alarming, but low debt does not make a bad business good. Sales growth of 27.11% catches the eye, but profit growth of -101.52% warns that expansion is not translating into shareholder value. There is no dividend, promoter holding is moderate at 40.51%, and the FairStock Score of 11/100 labels it risky. In the consumer electronics space, competition is brutal, products are commoditised, and pricing power is limited. This looks like a speculative turnaround story, not an investment. Graham would say price is what you pay, value is what you get; here, value is absent. I would need a far lower price, a clear path to sustained profitability, and evidence of an economic moat before showing any interest. For now, the margin of safety is nowhere in sight.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer