MIC Electronics Wins Major Railway Contract Worth Over ₹1.45 Crore
The share price of MIC Electronics Limited is expected to attract significant attention from stock market investors on Wednesday, February 11, 2026. This heightened focus follows the technology component manufacturer's announcement of securing a substantial order from the Indian Railway's Jammu Division, as detailed in an official exchange filing.
Details of the Railway Contract
According to the filing submitted to the National Stock Exchange (NSE), the Firozpur Division of the Northern Railway Zone has issued a Letter of Acceptance to MIC Electronics. The contract involves the provision of Coach Guidance and Public Address (PA) systems at two key stations: SVDK and SINA, located within the Jammu Division. The total order value is specified as ₹1,45,75,627.69, which translates to more than ₹1.45 crore.
The company has confirmed that the execution of this order is scheduled to be completed within a three-month timeframe, commencing from the date of receiving the formal allotment confirmation. This project underscores MIC Electronics' role in supporting critical infrastructure development within India's railway network.
Recent Financial Performance: Q3 FY2025-26 Results
Hyderabad-based MIC Electronics, a prominent manufacturer of LED display systems and various electronic equipment, recently disclosed its financial results for the October to December quarter of the 2025-26 fiscal year. The report, released on February 2, 2026, presents a mixed picture of the company's performance.
- Net Profit: The company experienced a decline, with net profit falling by 13.36% year-on-year (YoY) to ₹1.88 crore, compared to ₹2.17 crore in the corresponding quarter of the previous financial year.
- Net Sales: In contrast, net sales demonstrated extraordinary growth, surging by a remarkable 667.91% YoY to ₹90.23 crore, up from ₹11.75 crore in the same quarter last year.
Analysts have noted that despite this sharp increase in revenue, the company is facing margin pressures. This raises important questions about the sustainability of its current growth trajectory, which appears to be heavily driven by top-line expansion rather than proportional bottom-line improvement.
MIC Electronics Share Price and Market Performance
The stock market has shown a varied response to MIC Electronics' recent developments. On Tuesday, February 10, 2026, the company's share price closed at ₹41.70 on the NSE, marking a decline of 0.93% from the previous close of ₹42.09. The order announcement was made public during the trading session on the same day.
A deeper look at the stock's performance reveals a complex investment narrative:
- Long-term Returns: Over the past three years, shares of MIC Electronics have delivered impressive returns of more than 236% to investors.
- Recent Challenges: However, the stock has faced headwinds in the shorter term, declining by over 42% in the last one-year period.
- Current Year Performance: On a year-to-date (YTD) basis for 2026, the stock has decreased by 4.47%, with a 4.84% drop recorded over the last five trading sessions.
The stock's 52-week high was reached at ₹82.97 on September 9, 2025, while its 52-week low stood at ₹33.31 on January 27, 2026. As of the market close on Tuesday, February 10, 2026, the company's market capitalization was reported at ₹1,005.02 crore.
This new railway order represents a significant business development for MIC Electronics, potentially influencing investor sentiment and the stock's future trajectory in the coming trading sessions. Market participants will be closely monitoring how this contract impacts the company's operational efficiency and financial margins in the subsequent quarters.
