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MIRC Electronics Ltd. (India)

Main Activities: Household Appliance Manufacturing
Full name: MIRC Electronics Ltd. Profile Updated: November 02, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

MIRC Electronics Ltd., located in Mumbai, was incorporated in 1981. Originally focused on manufacturing televisions, the company has since expanded its product portfolio to include a wide range of consumer durables such as flat panel TVs, air conditioners, washing machines, microwave ovens, DVD home theatre systems, mobile phones, projector systems, and LED lights. Onida, a brand under MIRC Electronics, has gained the trust of millions of Indian consumers with its high-quality products. The company's understanding of the unique requirements of the Indian consumer has led to the development of innovative products. Onida is known for its unconventional advertising, featuring the iconic Onida Devil and the memorable tagline "Neighbour's envy. Owner's pride." MIRC Electronics operates world-class manufacturing facilities in Wada, Maharashtra, and Roorkee, Uttarakhand, with a production capacity of over 3.4 million televisions and 2.4 lakhs washing machines. The company is led by a maverick leadership team that focuses on consumer-centric innovations and unconventional communication. Onida has been consistently voted as the most trusted consumer durable brand in India, reflecting its ongoing success. The company's vision is to make Indians proud of the "Made-In-India" label by providing highly innovative products that surpass the competition and simplify consumers' lives. Its mission is to benefit society through innovation, quality, productivity, human development, and growth, while striving for excellence and upholding ethical values. MIRC Electronics offers a range of products in categories such as televisions, air conditioners, washing machines, refrigerators, microwave ovens, dishwashers, and air coolers. The company's headquarters is located at Onida House, G-1, M.I.D.C, Mahakali Caves Road, Andheri (E), Mumbai Suburban - 400 093. Customers can contact the company through email at response@onida.com or by phone at 02228200435. Customer care services are available from 8:00 am to 8:00 pm, and product registration and service-related queries can be addressed by calling 7490955555 or emailing customer.care@onida.com.

Legal Address
Onida House, G-1, MIDC, Mahakali Caves Road
Mumbai; Maharashtra; Postal Code: 400093

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Website: http://www.onida.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1981
Key Executives
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Chief Financial Officer
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Managing Director
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Managing Director
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Director/Member of the Board
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Secretary
Ownership Details
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53.36%
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39.72%
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6.9%
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0.02%
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Subsidiaries
Akasaka Electronics Limited
100%
Company Performance
Financial values in the chart are available after MIRC Electronics Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
-12.81%
Total operating revenue
-12.42%
Operating profit (EBIT)
-2900.94%
EBITDA
N/A
Net Profit (Loss) for the Period
-398.95%
Total assets
7.66%
Total equity
-32.7%
Operating Profit Margin (ROS)
-4.73%
Net Profit Margin
-5.31%
Return on Equity (ROE)
-41.9%
Debt to Equity Ratio
39.69%
Quick Ratio
0.12%
Cash Ratio
0%

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