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MIRC Electronics (BOM:500279) Market Cap : ₹3,395 Mil (As of Apr. 18, 2025)


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What is MIRC Electronics Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). MIRC Electronics's share price for the quarter that ended in Dec. 2024 was ₹24. MIRC Electronics's Shares Outstanding (EOP) for the quarter that ended in Dec. 2024 was 231 Mil. Therefore, MIRC Electronics's market cap for the quarter that ended in Dec. 2024 was ₹5,543 Mil.

MIRC Electronics's quarterly market cap increased from Jun. 2024 (₹4,767 Mil) to Sep. 2024 (₹5,658 Mil) but then declined from Sep. 2024 (₹5,658 Mil) to Dec. 2024 (₹5,543 Mil).

MIRC Electronics's annual market cap declined from Mar. 2022 (₹4,377 Mil) to Mar. 2023 (₹2,716 Mil) but then increased from Mar. 2023 (₹2,716 Mil) to Mar. 2024 (₹4,388 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. MIRC Electronics's Enterprise Value for Today is ₹4,390 Mil.


MIRC Electronics Market Cap Historical Data

The historical data trend for MIRC Electronics's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MIRC Electronics Market Cap Chart

MIRC Electronics Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 921.50 3,168.68 4,376.56 2,716.01 4,388.11

MIRC Electronics Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,667.53 4,388.11 4,766.87 5,658.35 5,542.87

Competitive Comparison of MIRC Electronics's Market Cap

For the Furnishings, Fixtures & Appliances subindustry, MIRC Electronics's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MIRC Electronics's Market Cap Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, MIRC Electronics's Market Cap distribution charts can be found below:

* The bar in red indicates where MIRC Electronics's Market Cap falls into.


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MIRC Electronics Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

MIRC Electronics's Market Cap for the fiscal year that ended in Mar. 2024 is calculated as

Market Cap (A: Mar. 2024 )=Share Price (A: Mar. 2024 )*Shares Outstanding (EOP) (A: Mar. 2024 )
=₹19*230.953
=₹4,388

MIRC Electronics's Market Cap for the quarter that ended in Dec. 2024 is calculated as

Market Cap (Q: Dec. 2024 )=Share Price (Q: Dec. 2024 )*Shares Outstanding (EOP) (Q: Dec. 2024 )
=₹24*230.953
=₹5,543

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MIRC Electronics  (BOM:500279) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


MIRC Electronics Market Cap Related Terms

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MIRC Electronics Business Description

Traded in Other Exchanges
Address
Mahakali Caves Road, MIDC, G-1, Onida House, Andheri (East), Mumbai, MH, IND, 400093
MIRC Electronics Ltd is engaged in the manufacturing and trading of consumer electronic products. Its product portfolio includes televisions, air conditioners, washing machines, microwave ovens, refrigerators, health care, air coolers, and dishwashers. It has plants located in Wada, Roorkee, and Chiplun.

MIRC Electronics Headlines

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