Financials MIRC Electronics Limited Bombay S.E.

Equities

MIRCELECTR

INE831A01028

Household Electronics

Market Closed - Bombay S.E. 06:22:46 2024-04-30 am EDT 5-day change 1st Jan Change
26.66 INR +4.80% Intraday chart for MIRC Electronics Limited +27.07% +67.88%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 10,693 5,104 912.3 3,083 4,400 2,714
Enterprise Value (EV) 1 11,018 5,729 1,694 3,855 5,027 3,492
P/E ratio 42.9 x -116 x -7.9 x 167 x -21.9 x -21.8 x
Yield - - - - - -
Capitalization / Revenue 1.47 x 0.79 x 0.15 x 0.4 x 0.37 x 0.24 x
EV / Revenue 1.51 x 0.89 x 0.28 x 0.5 x 0.42 x 0.31 x
EV / EBITDA 23 x 34.5 x 18.9 x 27.9 x 31.2 x 66.9 x
EV / FCF 64.8 x -31.5 x -26.8 x -11.6 x 11.2 x 38.2 x
FCF Yield 1.54% -3.18% -3.74% -8.6% 8.92% 2.61%
Price to Book 4.5 x 2.19 x 0.41 x 1.38 x 2.16 x 1.42 x
Nbr of stocks (in thousands) 230,953 230,953 230,953 230,953 230,953 230,953
Reference price 2 46.30 22.10 3.950 13.35 19.05 11.75
Announcement Date 8/24/18 8/3/19 8/25/20 9/2/21 7/29/22 6/9/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 7,281 6,445 6,043 7,658 11,922 11,102
EBITDA 1 479.5 165.9 89.76 137.9 161.1 52.18
EBIT 1 384.9 83.32 24.18 71.49 90.8 -19.08
Operating Margin 5.29% 1.29% 0.4% 0.93% 0.76% -0.17%
Earnings before Tax (EBT) 1 234.9 -44.02 -114.7 18.86 -200.7 -124.7
Net income 1 234.9 -44.02 -114.7 18.86 -200.7 -124.7
Net margin 3.23% -0.68% -1.9% 0.25% -1.68% -1.12%
EPS 2 1.080 -0.1906 -0.5000 0.0800 -0.8700 -0.5400
Free Cash Flow 1 170.2 -181.9 -63.32 -331.6 448.5 91.32
FCF margin 2.34% -2.82% -1.05% -4.33% 3.76% 0.82%
FCF Conversion (EBITDA) 35.49% - - - 278.43% 175.01%
FCF Conversion (Net income) 72.43% - - - - -
Dividend per Share - - - - - -
Announcement Date 8/24/18 8/3/19 8/25/20 9/2/21 7/29/22 6/9/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 325 625 782 772 627 779
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.6771 x 3.766 x 8.709 x 5.598 x 3.891 x 14.92 x
Free Cash Flow 1 170 -182 -63.3 -332 449 91.3
ROE (net income / shareholders' equity) 13% -1.87% -5.04% 0.85% -9.41% -6.33%
ROA (Net income/ Total Assets) 4.54% 0.99% 0.28% 0.72% 0.83% -0.19%
Assets 1 5,175 -4,462 -41,377 2,624 -24,226 64,534
Book Value Per Share 2 10.30 10.10 9.610 9.680 8.800 8.260
Cash Flow per Share 2 0.7800 0.3100 0.0400 0.3500 0.2400 0.1700
Capex 1 29.3 39 12.3 58 89.8 4.76
Capex / Sales 0.4% 0.6% 0.2% 0.76% 0.75% 0.04%
Announcement Date 8/24/18 8/3/19 8/25/20 9/2/21 7/29/22 6/9/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA