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MIRC Electronics Share Price

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20.65-1.00 (-4.62%)

03:50 PM,12th Apr 2024

20.71-0.88 (-4.08%)

04:01 PM,12th Apr 2024

BSE : 500279


Sector : Consumer

ISIN Code : INE831A01028

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Last Updated: Apr 12 2024 | 04:01 PM IST

Market Cap (₹ Cr)


Turnover (₹ Cr)


Volume (Shares)


Face Value


52-WK High


52-WK High Date

07 Feb 2024

52-WK Low


52-WK Low Date

06 Jun 2023

All Time High


All Time High Date

20 Dec 2017

All Time Low


All Time Low Date

04 Dec 1996

MIRC Electronics Ltd

MIRC Electronics Ltd was incorporated in 1981 as a private limited company by Gulu Mirchandani Vijay Mansukhani and Sonu Mirchandani of the Onida group. Later it transformed as a public limited company in 1992. MIRC is a market leader in consumer electronics goods it manufactures the well known Onida brand of colour televisions (CTVs) Air Conditioners Washing Machines TV-Components & Spares and Electronic Tuners. The company has two subsidiary companies Akasaka Electronics Ltd. and Imercius Technologies (India) Ltd. Other group companies are Onida Saka and Monica Electronics. MIRC tapped the capital market to finance its CTV expansion and diversification into the audio segment. Commercial production at the expanded capacity started from Jul.'1995. The company has opened Onida Arcades exclusives retail shops and introduced state-of-the-art wide vision TVs and audio systems. The company was awarded ISO 9001 certification during 1994-95.The company concentrated on reinforcing and improving the penetration of its sales and after sales support infrastructure. During 1997-98 the company came out with a new range of products christened 'Techno Value' which has been launched with considerable success. In 1998-99 it introduced the WEBCRUISER - the world first internet TV the trendy TV and PIP in the 25 segment. In 1999-2000 the company introduced multi-coloured Candy in the 14 inch TV segment.In the fiscal 2001 it came out with 29KY Thunder series which was amongst the first 650 watt television set in the world and has embarked on the process to launch a plasma display tube television in collaboration with Fujitsu. With effect from 1st April 2001 Onida Infotech Services Ltd was merged with MIRC Electronics Ltd. In 2001-02 it had launched the 29 inch Home Theatre the first to convert a mono recording into a 5.1 output surround sound.In 2003-04 MIRC decided to come out from its non-core business to strengthen its core business segment. The company sold its Onida Infotech division during the same year. MIRC rewarded its shareholders with an allotment of bonus shares in the ratio of one share for every one share held in the company. During the year 2004-05 One of the group company Ondia Savak Ltd had been merged with the company. By this merger one more feather i.e. Electronic Tuners added in its product segment. The company wants to take advantages from the outsourcing businesses provided by international giants. In view of this it has enhanced the capacity of televisions from 1.8 million units per annum to 3.0 million units per annum. The company has launched its new model colour televisions (Oxygen Series and 'Poison' range) and Microwave Ovens in this period.During the year 2009 Guviso Holdings Private Ltd. the Holding Company of the Company got amalgamated with the Company and the Scheme was made effective on May 02 2009. Direct Cool Refrigerator was launched in 2020-21.

MIRC Electronics Ltd - Key Fundamentals

Market Cap (₹ Cr)


EPS - TTM (₹) [S]


P/E Ratio (X) [S]


Face Value (₹) 1
Latest Dividend (%)100.00
Latest Dividend Date 09 Jun 2011
Dividend Yield (%) -
Book Value Share (₹) [S]7.72
P/B Ratio (₹) [S]2.67
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High



Week Low/High



Month Low/High



Year Low/High



All time Low/High



Share Price Returns

1 Week-4.49%-5.28%0.000.03%
1 Month0.58%-1.43%0.780.82%
3 Month27.47%27.86%2.312.85%
6 Month11.14%10.43%11.8013.77%
1 Year45.73%45.42%22.9426.43%
3 Year50.84%49.64%55.0557.36%

Company Info

Company Information

Chairman & Managing Director : Gulu L Mirchandani

Managing Director : Vijay J Mansukhani

Independent Director : Carlton Pereira

Whole-time Director : Kaval Mirchandani

Independent Director : Arvind Sharma

Independent Director : Mohita Arora

Company Sec. & Compli. Officer : Prasad Oak

Whole-time Director : SHIRISH SUVAGIA

Registered Office: Onida House G-1 MIDC, Mahakali Caves Rd Andheri (E),Mumbai,Maharashtra-400093 Ph: 91-22-66975777