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MIC Electronics Secures Rs 12.8 Million Work Order, Signals Operational Momentum

Updated: July 15, 2025 09:36

Image Source : Construction World
MIC Electronics Ltd., a leading player in LED display and electronics solutions, has bagged a fresh work order valued at Rs 12.8 million, reinforcing its revival trajectory and expanding its footprint in the public infrastructure segment. The order, confirmed on July 15, 2025, is expected to boost shortterm revenue visibility and operational confidence.
 
Key Highlights:
  • The Rs 12.8 million work order pertains to supply and installation of LEDbased display systems for a governmentbacked infrastructure project.
  • The client is reportedly a state transport authority, aiming to modernize passenger information systems across select urban transit hubs.
  • MIC Electronics will execute the project over a 90day timeline, with phased delivery and installation milestones.
Strategic Significance:
  • The order aligns with MIC’s renewed focus on smart city and transit tech verticals, following its restructuring and debt resolution efforts in FY24.
  • It marks the company’s third governmentlinked order in the past six months, indicating improved tender competitiveness and vendor credibility.
  • The deployment will include energyefficient LED modules, remote diagnostics, and multilingual display capabilities.
Financial Outlook:
  • While modest in size, the order adds to MIC’s growing backlog, which stood at Rs 42 crore as of June 2025.
  • Analysts view the win as a sentiment booster, especially amid MIC’s efforts to regain investor trust post its insolvency phase.
  • The company is also exploring export opportunities for its transit display systems in Southeast Asia.
Sources: Business Standard, Moneycontrol, Economic Times, MIC Electronics Exchange Filings.

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