MIRC Electronics Limited
MIRC Electronics Limited engages in manufacturing and trading of electronics and consumer durables in India. The company offers LED, LCD, and colour televisions; air conditioners; washing machines; microwave ovens; refrigerators; mobile phones; air cooler; LED light speaker system; and HD media player products under the Onida brand. It also exports its products. The company was incorporated in 19… Read more
MIRC Electronics Limited (MIRCELECTR) - Total Assets
Latest total assets as of September 2025: ₹4.84 Billion INR
Based on the latest financial reports, MIRC Electronics Limited (MIRCELECTR) holds total assets worth ₹4.84 Billion INR as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
MIRC Electronics Limited - Total Assets Trend (2005–2025)
This chart illustrates how MIRC Electronics Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
MIRC Electronics Limited - Asset Composition Analysis
Current Asset Composition (March 2025)
MIRC Electronics Limited's total assets of ₹4.84 Billion consist of 78.7% current assets and 21.3% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₹188.70 Million | 4.4% |
| Accounts Receivable | ₹1.72 Billion | 32.7% |
| Inventory | ₹1.90 Billion | 36.1% |
| Property, Plant & Equipment | ₹720.10 Million | 13.6% |
| Intangible Assets | ₹500.00K | 0.0% |
| Goodwill | ₹0.00 | 0.0% |
Asset Composition Trend (2005–2025)
This chart illustrates how MIRC Electronics Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: MIRC Electronics Limited's current assets represent 78.7% of total assets in 2025, an increase from 59.0% in 2005.
- Cash Position: Cash and equivalents constituted 4.4% of total assets in 2025, up from 3.6% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2005.
- Asset Diversification: The largest asset category is inventory at 36.1% of total assets.
MIRC Electronics Limited Competitors by Total Assets
Key competitors of MIRC Electronics Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
CNlight Co Ltd
SHE:002076
|
China | CN¥646.20 Million |
|
Wooree Lighting Co.Ltd
KQ:037400
|
Korea | ₩878.19 Billion |
|
Midea Group Co Ltd
SHE:000333
|
China | CN¥593.31 Billion |
|
Changhong Meiling Co Ltd
SHE:000521
|
China | CN¥24.06 Billion |
|
Gree Electric Appliances Inc of Zhuhai
SHE:000651
|
China | CN¥399.22 Billion |
|
Hisense Kelon Electrical Holdings Co Ltd
SHE:000921
|
China | CN¥71.93 Billion |
|
Suncha Technology Co Ltd
SHE:001211
|
China | CN¥1.86 Billion |
|
Beijing Liven Technology Co. Ltd.
SHE:001259
|
China | CN¥838.81 Million |
MIRC Electronics Limited - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - MIRC Electronics Limited generates 1.41x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - MIRC Electronics Limited is currently not profitable relative to its asset base.
MIRC Electronics Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.47 | 1.13 | 1.35 |
| Quick Ratio | 0.75 | 0.61 | 0.36 |
| Cash Ratio | 0.05 | 0.02 | 0.00 |
| Working Capital | ₹1.20 Billion | ₹ 497.10 Million | ₹ 996.10 Million |
MIRC Electronics Limited - Advanced Valuation Insights
This section examines the relationship between MIRC Electronics Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 7.92 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -7.3% |
| Total Assets | ₹5.28 Billion |
| Market Capitalization | $31.22 Million USD |
Valuation Analysis
Below Book Valuation: The market values MIRC Electronics Limited's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: MIRC Electronics Limited's assets decreased by 7.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for MIRC Electronics Limited (2005–2025)
The table below shows the annual total assets of MIRC Electronics Limited from 2005 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | ₹5.28 Billion | -7.33% |
| 2024-03-31 | ₹5.70 Billion | +7.66% |
| 2023-03-31 | ₹5.29 Billion | -24.86% |
| 2022-03-31 | ₹7.04 Billion | +5.87% |
| 2021-03-31 | ₹6.65 Billion | +15.22% |
| 2020-03-31 | ₹5.77 Billion | +12.60% |
| 2019-03-31 | ₹5.13 Billion | -5.48% |
| 2018-03-31 | ₹5.43 Billion | +4.87% |
| 2017-03-31 | ₹5.17 Billion | -12.20% |
| 2016-03-31 | ₹5.89 Billion | -11.46% |
| 2015-03-31 | ₹6.66 Billion | -0.60% |
| 2014-03-31 | ₹6.70 Billion | -7.77% |
| 2013-03-31 | ₹7.26 Billion | -6.62% |
| 2012-03-31 | ₹7.77 Billion | -12.98% |
| 2011-03-31 | ₹8.93 Billion | +22.30% |
| 2010-03-31 | ₹7.31 Billion | +11.97% |
| 2009-03-31 | ₹6.52 Billion | -11.79% |
| 2008-03-31 | ₹7.40 Billion | +12.69% |
| 2007-03-31 | ₹6.56 Billion | +8.61% |
| 2006-03-31 | ₹6.04 Billion | +5.51% |
| 2005-03-31 | ₹5.73 Billion | -- |