MIC Electronics (NSE:MICEL) Tax Rate %: 0.00% (As of Jun. 2026)

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NSE:MICEL MIC Electronics Ltd NSE:MICEL
70 GF Score
Price ₹35.92
GF Value ₹213.64
Valuation Possible Value Trap
! 1 Warning Sign
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What is MIC Electronics Tax Rate %?

MIC Electronics NSE:MICEL -0.94% 70 Tax Rate % is 0.00% as of Jun. 2026. GuruFocus rates NSE:MICEL with a GF Score™ of 70/100 and a GF Value™ of ₹213.64 (Possible Value Trap). The stock has 1 warning sign investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. MIC Electronics's Tax Expense for the three months ended in Jun. 2026 was ₹0 Mil. MIC Electronics's Pre-Tax Income for the three months ended in Jun. 2026 was ₹21 Mil. Therefore, MIC Electronics's Tax Rate % for the quarter that ended in Jun. 2026 was 0.00%.

MIC Electronics Tax Rate % Related Terms

MIC Electronics Tax Rate % Historical Data

* Premium members only.

The historical data trend for MIC Electronics's Tax Rate % 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.

MIC Electronics Tax Rate % Chart

MIC Electronics Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.29 0.00 -248.71 24.77 175.74

MIC Electronics Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Tax Rate % 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 0.00 0.00 0.00 267.27 0.00
NSE:MICEL
70GF Score
MIC Electronics Ltd NSE:MICEL
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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MIC Electronics Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

MIC Electronics's Tax Rate % for the fiscal year that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2026 )/Pre-Tax Income (A: Mar. 2026 )
=293.134/166.798
=175.74 %

MIC Electronics's Tax Rate % for the quarter that ended in Jun. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2026 )/Pre-Tax Income (Q: Jun. 2026 )
=0/21.32
=0.00 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 0.00% mean?
MIC Electronics (NSE:MICEL) has a Tax Rate % of 0.00% as of Jun. 2026.
Is MIC Electronics' Tax Rate % too high?
MIC Electronics' current Tax Rate % is 0.00%. Overall, MIC Electronics has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MIC Electronics' Tax Rate % compare to APH and GLW?
MIC Electronics' Tax Rate % of 0.00% can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Hardware company?
A good Tax Rate % depends on the Hardware industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. MIC Electronics's current Tax Rate % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MIC Electronics stock overvalued right now?
Based on GuruFocus' analysis, MIC Electronics (NSE:MICEL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹213.64, compared to a current price of ₹35.92 — trading 83.2% below its estimated fair value. The current Tax Rate % is 0.00%. MIC Electronics' overall GF Score™ is 70/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For MIC Electronics (NSE:MICEL), the current Tax Rate % is 0.00% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MIC Electronics (NSE:MICEL) Overvalued in 2026?

Based on GuruFocus' analysis, MIC Electronics stock appears to be undervalued. The current stock price of ₹35.92 is trading 83.2% below its estimated GF Value™ of ₹213.64. GuruFocus considers MIC Electronics to be Possible Value Trap.

Key valuation signals for NSE:MICEL:

  • Tax Rate %: 0.00%
  • GF Value™: ₹213.64 vs. price of ₹35.92 (83.2% below fair value)
  • GF Score™: 70/100 with 1 warning sign

No single metric tells the full story. See the NSE:MICEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

MIC Electronics Business Description

Other Exchanges 532850:India
Address Plot No. 192/B, Phase-II, IDA, Cherlapally, Rangareddi, Hyderabad, TG, IND, 500051
MIC Electronics Ltd designs, develops, and manufactures light-emitting diode (LED) video displays, and other electronic components. The operating segments of the group are LED products; Medical appliances and E Vehicles. Its products include LED lighting, LED displays, Oxygen concentrators, and Batteries. The company predominantly operates in India.
70GF Score

Get the complete analysis for NSE:MICEL

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹35.92
Price
₹213.64
GF Value