MIC Electronics Surges 10% post Q4 Results; Core Operations Show Strong Margin Expansion

New Delhi [India], April 29: Shares of MIC Electronics rallied nearly 10% on Wednesday, climbing to ₹44.57 from the previous close of ₹40.56, even as the company reported a consolidated net loss for the fourth quarter ended March 25, 2026. The stock currently trades near its 52-week low of ₹40.85, significantly below its 52-week high of ₹82.97, with a market capitalisation of approximately ₹1,006 crore.

The company posted a net loss of ₹18.35 crore during the quarter. However, the decline in bottom-line performance was largely attributed to a one-time, non-cash accounting adjustment rather than any deterioration in core operations. Excluding this exceptional item, MIC Electronics delivered a strong operational performance, reflecting improving business fundamentals.

Revenue for the quarter rose 13.3% year-on-year to ₹51 crore, compared to ₹45 crore in the corresponding period last year, indicating steady demand across its business segments. More notably, operating profitability witnessed a sharp improvement. Earnings before interest, tax, depreciation and amortisation (EBITDA) surged 60.6% to ₹13 crore, up from ₹8 crore a year earlier.

Margins also expanded significantly, with EBITDA margin rising by 772 basis points to 26.2%, compared to 18.5% in the same quarter last year. This improvement underscores enhanced operational efficiency and better cost management.

The reported net loss was primarily driven by the reversal of deferred tax assets worth ₹29.3 crore related to losses from FY18, which expired as per regulatory carry-forward provisions. The company clarified that this is a non-cash adjustment and has no impact on its underlying business performance.

MIC Electronics operates across diversified segments, including LED products, medical equipment, automobile components, and electronics trading, positioning itself for continued operational growth despite near-term accounting headwinds.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor