Market Performance: MIC Electronics Share Price in Focus
The MIC Electronics share price grabbed market attention on stock market today after the stock hit its 5% upper circuit at ₹42.82 on Monday, February 2, following the announcement of its Q3FY26 results.
This small-cap stock, trading under ₹50, moved sharply higher as investors reacted to the company’s strong revenue growth in the December quarter. The price action stood out in an otherwise selective broader market.
Main News: Q3 Results Drive Momentum
MIC Electronics posted a mixed but headline-grabbing performance for the December quarter of FY26.
Revenue growth was the key trigger.
- Net sales jumped 667.91% YoY
- ₹90.23 crore in Q3FY26
- ₹11.75 crore in Q3FY25
- Sequential revenue growth remained strong
- Up 138% QoQ
- ₹37.89 crore in Q2FY26
The sharp rise in revenue signaled a significant improvement in topline activity during the quarter, which became the primary driver behind the surge in the MIC Electronics share price.
However, profitability told a slightly different story.
Financial Snapshot: Pressure on Margins
Despite the revenue spike, margins and profits stayed under pressure.
Net Profit
- ₹1.88 crore in Q3FY26
- Down 13.36% YoY and QoQ
- Compared with ₹2.17 crore in both Q3FY25 and Q2FY26
Margins
- Operating margin:
- Fell to 4.40%
- From 10.06% in Q2FY26
- PAT margin:
- Slipped to 2.08%
- From 5.73% sequentially
At a market capitalisation of ₹998 crore, the numbers reflect a quarter where growth came primarily from volumes and execution, while cost pressures continued to weigh on overall profitability.
MIC Electronics Share Performance: Short-Term Pain, Long-Term Contrast
The stock’s recent history shows clear volatility.
- Last 1 year: down 45%
- Last 6 months: down 16%
- Last 3 months: down 19%
- Last 1 month: down 4.5%
Yet zooming out paints a different picture.
- Five-year return: up over 870%
This sharp contrast between short-term weakness and long-term gains keeps the MIC Electronics share price firmly on the radar of stock market participants.
Recent Business Updates Supporting Revenue Activity
During the same period, MIC Electronics reported key project wins that added to its execution pipeline.
- ₹114.10 crore domestic contract
- Awarded by Nava Raipur Atal Nagar Vikas Pradhikaran
- Infrastructure development at a common facility centre in Chhattisgarh
- Project duration: 10 months
- Scope includes design, construction, and long-term maintenance
- Railway modernisation project
- Secured under the Amrit Bharat Scheme
- Awarded by Central Railway’s Nagpur Division
- Covers telecom upgrades and passenger facilities across seven stations
These contracts highlighted the company’s ongoing involvement in urban infrastructure and railway-related projects, supporting the revenue momentum seen in Q3.
Company Details: What MIC Electronics Does?
Founded in 1988, MIC Electronics Ltd operates across multiple electronics and infrastructure-related segments.
The company is engaged in:
- LED display systems (indoor, outdoor, mobile)
- Lighting solutions
- Telecom equipment
- Railway electronics and software
- Medical equipment, including oxygen concentrators
- Battery manufacturing
Its diversified product base places it across infrastructure, public systems, and technology-driven applications.
Summary: Why MIC Electronics Is in the Spotlight?
On stock market today, the MIC Electronics share price reaction was driven by numbers, not narratives.
- A strong revenue surge triggered buying interest
- Profitability pressure remains visible through margins
- Recent contracts explain the topline momentum
- Short-term underperformance contrasts with long-term gains
The Q3FY26 results brought MIC Electronics back into focus, making it one of the notable small-cap movers in the current market session—firmly data-led, and closely tracked by investors watching earnings-driven price action.
Source: Livemint
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