What we do MIC Electronics Ltd designs and manufactures LED video displays, telecom equipment, and software, serving Indian Railways and global markets with innovative electronic solutions. |
Founded in 1,988 |
Market share Global leader in LED display systems with presence in telecom software and electronic equipment sectors. |
Problem solved Provides advanced display and communication solutions addressing real-time information needs and telecom infrastructure challenges. |
Top clients or who we serve Indian Railways, Delhi Metro, global sports clubs, telecom companies; serves B2B primarily in electronics and communication sectors. |
Key management - |
Our journey and innovations Pioneered multi-color LED train info displays (1988), expanded into telecom software (1994), acquired US-based IT firm (2006), developed 4mm LED TVs (2010). |
Where we operate India with offices in USA, Dubai, Australia and exports to South America, Middle East, Malaysia, South Africa. |
Top products or what we offer LED Video Displays (indoor, outdoor, mobile), Railway Signalling Systems, Telecom Software, LED Lighting Solutions, Emergency Lighting Units, Electric Vehicles. |
Top brands SIMRAN (Railway Passenger Info Displays), Full-colour LED boards in metro and sports arenas. |
Raw materials needed Electronic components, semiconductors, LED modules, telecom hardware. |
Raw materials supplier Information not publicly specified. |
Recurring vs cyclical contribution Revenue mix includes recurring maintenance contracts for Indian Railways and cyclical sales in new product deployments. |
Our industry position Leader in LED display segment with significant government projects and growing presence in telecom software and EV segments. |
Financial highlights FY 2024-25 consolidated revenue Rs.96 crore; net profit Rs.9.7 crore; steady growth from Rs.56 crore previous year revenue. |
Geographical revenue split Majority revenue from India with growing international sales in Middle East, USA and Australia. |
Order book - |
Whats driving growth Indian Railways display projects, medical appliances, electric vehicles, and new product certifications driving growth. |
Our future plans Expand railway passenger display systems, launch energy meters, grow medical appliances and EV business segments. |
Our green promise Focus on LED lighting and electric vehicles indicating commitment to sustainable technologies. |
Our people and values Emphasizes ethics, employee training, diversity, safe workplace and compliance with corporate governance. |
Key challenges ahead Market competition, regulatory certifications, technology innovation and scale-up of new business lines. |
Interesting facts One of the first in India with R&D recognition for LED displays; expanded internationally via acquisitions and exports. |
Risks and strategy Mitigates risks through diversified product segments, strong governance, and focus on technology innovation. |