Q2 sales rise 38%, but profit stays flat as low-margin trading expands

Revenue Growth 20pctEbitda Margin CompressionResults View source PDF Explain this filing

MICEL · price

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Price reactionminutes from the announcement price · days from the prior close

-1.0%Reaction day

₹56.40

prior close

₹56.97

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+0.5%-1.5% vs market

Other Industrial Products peers, median of 24sector+0.4%-1.4% vs sector

On the reaction day the stock moved 1.5 pts less than Nifty Microcap 250 and 1.4 pts less than its Other Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

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Next day

-4.2+0.0-4.2-0.2-4.0

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15d

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UpDownMarket · Nifty Microcap 250Sector · Other Industrial Products peers, median of 24Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

MIC Electronics reported unaudited Q2 FY26 consolidated revenue from operations of Rs 3,788.93 lakh, up 38% from Rs 2,745.67 lakh. Half-year revenue rose about 30% to Rs 4,950.14 lakh, but profit before tax fell 6% to Rs 383.50 lakh. The trading segment generated Rs 2,564.86 lakh in Q2 sales but posted a Rs 4.33 lakh loss. The auditor's limited review found no material issue.

Likely market impact

The 38% sales rise did not translate into profit growth, and narrower margins may limit near-term stock upside despite a clean auditor review.