Don’t Trade in the Dark—Get Your Pre-Market Report Every Day.Join Now
Search stocks
MIC Electronics Ltd

| Audited Financial Results for Q4 and Year Ended March 31, 2026

Report Source

⬤25th Apr 26

Summary : MIC Electronics reported a net loss for the year despite revenue growth, impacted by deferred tax asset reversal, with auditors issuing an unmodified opinion.

Quarterly Report Analysis & Insights

Financial Disclosures

  1. Cost of Material Consumed
  2. Purchase of stock-in-trade
  3. Changes in inventories
  4. Employee benefits expense
  5. Finance Costs
  6. Depreciation and Amortisation expense
  7. Other Expenses
  8. LED Products
  9. Medical and other appliances
  10. Automobiles
  11. Electrical & Electronics, Spare parts trading
  12. Cash flow from operating activities (Standalone: 382.12 Lakhs, Consolidated: 327.26 Lakhs)
  13. Cash flow from investing activities (Standalone: -307.03 Lakhs, Consolidated: -312.67 Lakhs)
  14. Cash flow from financing activities (Standalone: -718.25 Lakhs, Consolidated: -650.31 Lakhs)
  15. Total Assets (Standalone: 31,113.86 Lakhs, Consolidated: 35,415.37 Lakhs as of March 31, 2026)
  16. Equity Share Capital (4,820.23 Lakhs)
  17. Trade Receivables (Standalone: 10,273.70 Lakhs, Consolidated: 19,588.78 Lakhs)
  18. Both standalone and consolidated results are presented.
  19. Consolidated results include SOA Electronics Trading LLC, Dubai and MICK Digital India Limited.

Corporate Overview

  1. India
  2. Dubai (through wholly-owned subsidiary SOA Electronics Trading LLC)
  3. Reversal of Deferred Tax Assets due to expiry of carry forward period, reducing Profit After Tax and Earnings Per Share.
  4. Manufacturing and trading of LED Products, Medical and other appliances, Automobiles, Electrical & Electronics, Spare parts.
  5. Formal submission of audited financial results for the quarter and year.
  6. LED Products
  7. Medical and other appliances
  8. Automobiles
  9. Electrical & Electronics, Spare parts trading

Risk Factors

  1. Company reported significant net loss.
  2. Negative earnings per share.
  3. Deferred tax asset reversal impacted profits.
  4. Auditors discuss going concern uncertainty.

Key Drivers

  1. Revenue from operations significantly increased.
  2. Unmodified audit opinion received for financials.
  3. Consolidated results include international subsidiaries.

Auditor’s Report

  1. Unmodified Opinion
  2. Auditors assessed going concern basis of accounting.

Board Commentary

  1. Reversal of Deferred Tax Assets impacting PAT and EPS.

Corporate Governance

  1. Audit Committee reviewed financial results.

Management Discussion & Analysis

Critical Risks

  1. Impact of deferred tax asset reversal on profitability.
  2. Auditors discuss potential going concern uncertainty.