MIC Electronics Limited
MIC Electronics Limited designs, develops, manufactures, and sells Light-Emitting Diode (LED) based street lights and video displays worldwide. The company offers outdoor lighting products, such as street, parking, flood, and industrial lights; solar LED lighting; and general LED lighting products. It also provides indoor displays, such as indoor video screens and digital posters; outdoor display… Read more
Market Cap & Net Worth: MIC Electronics Limited (MICEL)
MIC Electronics Limited (NSE:MICEL) has a market capitalization of $93.65 Million (₹8.11 Billion) as of March 19, 2026. Listed on the NSE stock exchange, this India-based company holds position #22273 globally and #1151 in its home market, demonstrating a -3.19% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying MIC Electronics Limited's stock price ₹33.65 by its total outstanding shares 241011560 (241.01 Million).
MIC Electronics Limited Market Cap History: 2015 to 2026
MIC Electronics Limited's market capitalization history from 2015 to 2026. Data shows change from $266.60 Million to $93.65 Million (-8.04% CAGR).
MIC Electronics Limited Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how MIC Electronics Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.13x
MIC Electronics Limited's market cap is 0.13 times its annual revenue
0.37x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
1.26x
MIC Electronics Limited's market cap is 1.26 times its annual earnings
3.61x
Lower than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $158.63 Million | $2.18 Billion | -$1.11 Billion | 0.07x | N/A |
| 2017 | $104.08 Million | $2.31 Billion | $24.03 Million | 0.05x | 4.33x |
| 2018 | $15.03 Million | $1.58 Billion | -$1.91 Billion | 0.01x | N/A |
| 2019 | $5.57 Million | $48.38 Million | -$278.47 Million | 0.12x | N/A |
| 2020 | $11.69 Million | $8.20 Million | -$240.53 Million | 1.43x | N/A |
| 2021 | $60.25 Million | $10.90 Million | -$54.16 Million | 5.53x | N/A |
| 2022 | $37.99 Million | $449.47 Million | $29.63 Million | 0.08x | 1.28x |
| 2023 | $94.06 Million | $58.92 Million | $2.44 Million | 1.60x | 38.61x |
| 2024 | $235.57 Million | $545.75 Million | $618.39 Million | 0.43x | 0.38x |
| 2025 | $122.25 Million | $947.64 Million | $96.94 Million | 0.13x | 1.26x |
Competitor Companies of MICEL by Market Capitalization
Companies near MIC Electronics Limited in the global market cap rankings as of March 19, 2026.
Key companies related to MIC Electronics Limited by market ranking:
- Amphenol Corporation (NYSE:APH): Ranked #108 globally with a market cap of $156.10 Billion USD.
- Corning Incorporated (NYSE:GLW): Ranked #191 globally with a market cap of $101.08 Billion USD.
- Delta Electronics Inc (TW:2308): Ranked #249 globally with a market cap of $80.57 Billion USD ( NT$2.67 Trillion TWD).
- Hon Hai Precision Industry Co Ltd (TW:2317): Ranked #270 globally with a market cap of $76.45 Billion USD ( NT$2.53 Trillion TWD).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #108 | Amphenol Corporation | NYSE:APH | $156.10 Billion | $127.81 |
| #191 | Corning Incorporated | NYSE:GLW | $101.08 Billion | $129.86 |
| #249 | Delta Electronics Inc | TW:2308 | $80.57 Billion | NT$1465.00 |
| #270 | Hon Hai Precision Industry Co Ltd | TW:2317 | $76.45 Billion | NT$210.00 |
MIC Electronics Limited Historical Marketcap From 2015 to 2026
Between 2015 and today, MIC Electronics Limited's market cap moved from $266.60 Million to $ 93.65 Million, with a yearly change of -8.04%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | ₹93.65 Million | -23.40% |
| 2025 | ₹122.25 Million | -48.10% |
| 2024 | ₹235.57 Million | +150.44% |
| 2023 | ₹94.06 Million | +147.62% |
| 2022 | ₹37.99 Million | -36.95% |
| 2021 | ₹60.25 Million | +415.48% |
| 2020 | ₹11.69 Million | +110.00% |
| 2019 | ₹5.57 Million | -62.96% |
| 2018 | ₹15.03 Million | -85.56% |
| 2017 | ₹104.08 Million | -34.39% |
| 2016 | ₹158.63 Million | -40.50% |
| 2015 | ₹266.60 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 19th, 2026 the market cap of MIC Electronics Limited was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $93.65 Million USD |
| MoneyControl | $93.65 Million USD |
| MarketWatch | $93.65 Million USD |
| marketcap.company | $93.65 Million USD |
| Reuters | $93.65 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.