Synopsis:
This company manufactures electronic and control systems for the railways and industrial sectors received RDSO approval for its microprocessor controller for roof-mounted AC units in LHB and double-decker coaches.
This company is in the business of LED Products, Medical & other appliances, and Automobiles (EVs) is now in the focus after it gets approval from RDSO for an AC controller prototype.
With market capitalization of Rs. 1,335 cr, the shares of MIC Electronics Limited are currently trading at Rs. 55.73 per share, jumping 4% in today’s market session making a high of Rs. 56.30, from its previous close of Rs. 54.01 per share.
News
On October 20, 2025, MIC Electronics Limited received fresh approval from the Research Designs and Standards Organisation (RDSO), under the Ministry of Railways, for a prototype testing request (ID: 25111, dated July 31, 2024) for item ID: 3100369.
The approval pertains to the company’s “microprocessor controller for roof-mounted AC package units” designed for LHB (Linke Hofmann Busch) coaches and double-decker railway coaches.
This regulatory clearance signifies a key milestone for MIC Electronics in its railways-focused product portfolio, enabling the company to supply advanced microprocessor-based controllers for modern train air-conditioning systems, and reflects its commitment to innovation and compliance with stringent railway standards.
Also read: Microcap stock hits 5% upper circuit after reporting 232% YoY growth in Q2
About the company
MIC Electronics Limited is an Indian technology company specializing in the design, development, and manufacturing of electronic and control systems for the railways and industrial sectors. It focuses on innovative solutions such as microprocessor-based controllers, signaling equipment, and automation systems, serving both domestic and international clients while adhering to high-quality and regulatory standards.
Sales of the company significantly increased from Rs. 11.61 cr in Q1FY26 to Rs. 37.89 cr in Q2FY26. Operating profit slightly decreased to Rs. 3.81 cr from Rs. 4.11 cr. Net profit increased from Rs. 1.67 cr to Rs. 2.17 cr over the same period.
The company has achieved strong profit growth, registering a 19.1% CAGR over the past five years, with a Return on Capital Employed (ROCE) of 8.71% and a Return on Equity (ROE) of 5.57%.
Written by Manideep Appana
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