Company Profile

MIRC ELECTRONICS LTD.

NSE : MIRCELECTRBSE : 500279ISIN CODE : INE831A01028Industry : Consumer Durables - ElectronicsHouse : Private
BSE5.670.51 (+9.88 % )
PREV CLOSE (Rs.) 5.16
OPEN PRICE (Rs.) 5.16
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 308910
TODAY'S LOW / HIGH (Rs.)5.03 5.67
52 WK LOW / HIGH (Rs.)3.61 20.45
NSE5.65 0.5 (+9.71 % )
PREV CLOSE(Rs.) 5.15
OPEN PRICE (Rs.) 5.15
BID PRICE (QTY) 5.65 (22440 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 1056141
TODAY'S LOW / HIGH(Rs.) 5.00 5.65
52 WK LOW / HIGH (Rs.)3.65 20.75

Profit & Loss

(Rs in Million)
Particulars Mar 2016 Mar 2015 Mar 2014 Mar 2013 Mar 2012
INCOME :               
Gross Sales 8166.10 11275.60 13812.40 13912.20 17629.30
     Sales 8112.50 11239.10 13779.50 13886.90 17599.30
     Job Work/ Contract Receipts NA NA NA NA NA
     Processing Charges / Service Income NA NA NA NA NA
     Revenue from property development NA NA NA NA NA
     Other Operational Income 53.60 36.50 32.90 25.20 29.90
Less: Excise Duty 444.00 540.20 771.70 750.90 892.30
Net Sales 7722.10 10735.40 13040.70 13161.30 16737.00
EXPENDITURE : NA NA NA NA NA
Increase/Decrease in Stock 155.20 -302.00 186.00 459.50 269.40
Raw Material Consumed 5638.60 8213.70 10357.70 10223.10 13046.70
     Opening Raw Materials 942.30 781.60 776.20 874.60 857.50
     Purchases Raw Materials 2509.20 3875.50 5009.40 4751.20 6395.80
     Closing Raw Materials 657.10 942.30 781.60 776.20 737.60
     Other Direct Purchases / Brought in cost 2844.20 4498.90 5353.70 5373.50 6531.00
     Other raw material cost 0.00 0.00 0.00 0.00 0.00
Power & Fuel Cost 36.50 71.50 95.20 87.30 128.20
     Electricity & Power 36.50 71.50 95.20 87.30 128.20
     Oil, Fuel & Natural gas 0.00 0.00 0.00 0.00 0.00
     Coals etc 0.00 0.00 0.00 0.00 0.00
     Other power & fuel 0.00 0.00 0.00 0.00 0.00
Employee Cost 711.20 767.30 854.00 809.00 962.40
     Salaries, Wages & Bonus 606.90 650.10 732.20 684.20 816.60
     Contributions to EPF & Pension Funds 25.30 25.50 30.20 29.20 36.40
     Workmen and Staff Welfare Expenses 63.50 80.10 88.30 88.40 109.40
     Other Employees Cost 15.50 11.50 3.40 7.20 0.00
Other Manufacturing Expenses 92.30 103.20 127.80 130.60 178.20
     Sub-contracted / Out sourced services NA NA NA NA NA
     Processing Charges NA NA NA NA NA
     Repairs and Maintenance 55.70 61.00 74.60 74.80 91.50
     Packing Material Consumed NA NA NA NA NA
     Other Mfg Exp 36.60 42.30 53.20 55.70 86.70
General and Administration Expenses 253.60 363.50 375.80 450.10 561.60
     Rent , Rates & Taxes 81.30 90.30 96.20 117.60 132.70
     Insurance 6.50 13.30 14.80 23.00 17.50
     Printing and stationery NA NA NA NA NA
     Professional and legal fees NA NA NA NA NA
     Traveling and conveyance 48.30 55.40 68.70 79.40 114.90
     Other Administration 165.80 259.80 264.70 309.50 411.50
Selling and Distribution Expenses 583.30 835.90 777.90 842.00 1177.80
     Advertisement & Sales Promotion 177.20 271.90 173.60 309.50 560.20
     Sales Commissions & Incentives 126.60 131.20 112.50 67.10 0.90
     Freight and Forwarding 279.50 432.80 491.80 465.40 616.70
     Handling and Clearing Charges 0.00 0.00 0.00 0.00 0.00
     Other Selling Expenses 0.00 0.00 0.00 0.00 0.00
Miscellaneous Expenses 280.20 313.80 357.70 163.20 215.60
     Bad debts /advances written off NA NA 0.70 0.00 3.80
     Provision for doubtful debts 6.90 16.90 30.60 5.70 3.20
     Losson disposal of fixed assets(net) NA NA NA NA 0.00
     Losson foreign exchange fluctuations 102.70 70.20 151.90 NA 8.20
     Losson sale of non-trade current investments NA NA NA NA NA
     Other Miscellaneous Expenses 170.70 226.60 174.50 157.50 200.40
Less: Expenses Capitalised NA NA NA NA NA
Total Expenditure 7750.90 10366.80 13132.10 13164.80 16539.90
Operating Profit (Excl OI) -28.80 368.50 -91.40 -3.50 197.00
Other Income 31.30 10.00 12.70 71.20 32.30
     Interest Received 30.20 3.20 5.20 10.00 25.10
     Dividend Received NA 0.00 0.10 0.10 1.20
     Profit on sale of Fixed Assets NA NA 7.40 0.30 NA
     Profits on sale of Investments NA 1.30 NA NA 0.50
     Provision Written Back NA 5.40 NA 11.00 3.80
     Foreign Exchange Gains NA NA NA 48.00 NA
     Others 1.10 0.10 0.00 1.80 1.70
Operating Profit 2.40 378.50 -78.80 67.70 229.40
Interest 296.00 339.00 384.30 389.10 362.60
     InterestonDebenture / Bonds NA NA NA NA NA
     Interest on Term Loan NA NA NA NA 274.20
     Intereston Fixed deposits NA NA NA NA NA
     Bank Charges etc 88.70 142.10 NA NA 41.70
     Other Interest 207.40 196.90 384.30 389.10 46.70
PBDT -293.60 39.50 -463.10 -321.50 -133.30
Depreciation 124.60 153.30 158.30 172.80 230.30
Profit Before Taxation & Exceptional Items -418.20 -113.90 -621.40 -494.30 -363.60
Exceptional Income / Expenses 186.80 94.50 NA NA -50.10
Profit Before Tax -231.40 -19.40 -621.40 -494.30 -413.70
Provision for Tax -36.80 26.40 NA -182.40 -26.40
     Current Income Tax -36.80 4.50 NA NA 0.30
     Deferred Tax NA 21.90 NA -154.50 -26.70
     Other taxes -36.80 43.80 0.00 -182.40 -53.50
Profit After Tax -194.50 -45.80 -621.40 -311.90 -387.20
Extra items NA NA NA NA NA
Minority Interest NA 0.10 0.00 0.00 0.00
Share of Associate NA NA NA NA NA
Other Consolidated Items NA NA NA NA NA
Consolidated Net Profit -194.50 -45.70 -621.30 -311.90 -387.20
Adjustments to PAT NA NA NA 3.40 NA
Profit Balance B/F -89.70 2.60 624.00 932.40 1319.70
Appropriations -284.30 -43.10 2.60 624.00 932.40
     General Reserves NA NA NA NA NA
     Proposed Equity Dividend NA NA NA NA NA
     Corporate dividend tax NA NA NA NA NA
     Other Appropriation 0.00 46.70 NA NA NA
Equity Dividend % NA NA NA NA NA
Earnings Per Share -1.00 0.00 -4.00 -2.00 -3.00
Adjusted EPS -1.00 0.00 -4.00 -2.00 -2.00