Integrated Filing — IndAS

General information about company
Scrip Code	532850
NSE Symbol	MICEL
MSEI Symbol	NOTLISTED
ISIN	INE287C01037
Name of company	MIC ELECTRONICS LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	22-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	15-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	22-May-2025   11:45:00
End date and time of board meeting	22-May-2025   14:45:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	448462000	947637000
	Other income	3066000	12399000
	Total income	451528000	960036000
2	Expenses
(a)	Cost of materials consumed	112030000	329547000
(b)	Purchases of stock-in-trade	166486000	327599000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	31183000	-67353000
(d)	Employee benefit expense	22863000	74707000
(e)	Finance costs	14234000	46108000
(f)	Depreciation, depletion and amortisation expense	4372000	16061000
(f)	Other Expenses
1	Other Expenses	32248000	102688000
	Total other expenses	32248000	102688000
	Total expenses	383416000	829357000
3	Total profit before exceptional items and tax	68112000	130679000
4	Exceptional items	0	0
5	Total profit before tax	68112000	130679000
6	Tax expense
7	Current tax	0	0
8	Deferred tax	32366000	32366000
9	Total tax expenses	32366000	32366000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	35746000	98313000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	35746000	98313000
17	Other comprehensive income net of taxes	-1369000	-1369000
18	Total Comprehensive Income for the period	34377000	96944000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	34377000	96944000
	Total profit or loss, attributable to non-controlling interests	0	0
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	34377000	96944000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
21	Details of equity share capital
	Paid-up equity share capital	482023000	482023000
	Face value of equity share capital	2	2
27	Details of debt securities
22	Reserves excluding revaluation reserve		1743907000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	0.14	0.4
	Diluted earnings (loss) per share from continuing operations	0.14	0.4
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	0.14	0.4
	Diluted earnings (loss) per share from continuing and discontinued operations	0.14	0.4
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	467323000
	Capital work-in-progress	0
	Investment property	0
	Goodwill	0
	Other intangible assets	1169000
	Intangible assets under development	18669000
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	0
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	83531000
	Total non-current financial assets	83531000
	Deferred tax assets (net)	408687000
	Other non-current assets	423287000
	Total non-current assets	1402666000
2	Current assets
	Inventories	161450000
	Current financial asset
	Current investments	0
	Trade receivables, current	841086000
	Cash and cash equivalents	66460000
	Bank balance other than cash and cash equivalents	72021000
	Loans, current	17367000
	Other current financial assets	3925000
	Total current financial assets	1000859000
	Current tax assets (net)	0
	Other current assets	574955000
	Total current assets	1737264000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	3139930000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	482023000
	Other equity	1743907000
	Total equity attributable to owners of parent	2225930000
	Non controlling interest	0
	Total equity	2225930000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	125967000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	0
	Total non-current financial liabilities	125967000
	Provisions, non-current	5424000
	Deferred tax liabilities (net)	0
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	131391000
	Current liabilities
	Current financial liabilities
	Borrowings, current	309737000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	394106000
	Total Trade payable	394106000
	Other current financial liabilities	56990000
	Total current financial liabilities	760833000
	Other current liabilities	20763000
	Provisions, current	1013000
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	782609000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	914000000
	Total equity and liabilites	3139930000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	LED Products	152545000	483733000
2	Medical and other appliances	105017000	113849000
3	Automobiles	33559000	33559000
4	Electrical & Electronics spare parts trading	167791000	330567000
	Total Segment Revenue	458912000	961708000
	Less: Inter segment revenue	10037000	10037000
	Revenue from operations	448875000	951671000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	LED Products	16596000	100896000
2	Medical and other appliances	62048000	66271000
3	Automobiles	821000	821000
4	Electrical & Electronics spare parts trading	228000	434000
	Total Profit before tax	79693000	168422000
	i. Finance cost	11581000	11581000
	ii. Other Unallocable Expenditure net off Unallocable income	0	0
	Profit before tax	68112000	130679000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	LED Products	15165000	15165000
2	Medical and other appliances	-20920000	-20920000
3	Automobiles	-15431000	-15431000
4	Electrical & Electronics spare parts trading	177066000	177066000
	Total Segment Asset	155880000	155880000
	Un-allocable Assets	0	0
	Net Segment Asset	155880000	155880000
4	Segment Liabilities
	Segment Liabilities
1	LED Products	15165000	15165000
2	Medical and other appliances	-20920000	-20920000
3	Automobiles	-15431000	-15431000
4	Electrical & Electronics spare parts trading	177066000	177066000
	Total Segment Liabilities	155880000	155880000
	Un-allocable Liabilities	0	0
	Net Segment Liabilities	155880000	155880000
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
	Total Amount of items that will not be reclassified to profit and loss
2	Income tax relating to items that will not be reclassified to profit or loss	1369000	1369000
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	-1369000	-1369000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			130679000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			46108000
	Adjustments for decrease (increase) in inventories			-81345000
	Adjustments for decrease (increase) in trade receivables, current			-587893000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-394061000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			-420043000
	Adjustments for other financial assets, current			7194000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			360495000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			-10348000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			16061000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			3146000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			53058000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			9367000
	Adjustments for dividend income			0
	Adjustments for interest income			8365000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			-1369000
	Other adjustments for non-cash items			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-1007995000
	Net cash flows from (used in) operations			-877316000
	Dividends received			0
	Interest paid			46108000
	Interest received			0
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			-923424000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			0
	Purchase of property, plant and equipment			225817000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			17710000
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			8365000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) investing activities	-235162000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			900000000
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			319680000
	Repayments of borrowings			0
	Payments of lease liabilities			0
	Dividends paid			0
	Interest paid			0
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-3554000
	Net cash flows from (used in) financing activities			1216126000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			57540000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			57540000
	Cash and cash equivalents cash flow statement at beginning of period			8920000
	Cash and cash equivalents cash flow statement at end of period			66460000