MIC Electronics Rises 3.6% After Winning ₹1.28 Cr Railway Order in Kerala

MIC Electronics saw its stock rise by 3.6% today after grabbing a fresh order worth ₹1.28 crore from the Palakkad division of Kerala Railways.

This new deal is for the supply, installation, testing, and commissioning of an Integrated Passenger Information System (IPIS) at Kannur railway station.

This isn’t just another small upgrade. It’s part of a bigger railway revamp under the Amrit Bharat Station Scheme. The work also includes:

Upgraded platforms
Better parking areas
Modern circulating spaces
Strong IRS-type platform shelters

And the job doesn’t end there. MIC Electronics will also maintain the system for 6 years under a comprehensive annual maintenance contract (CAMC).

No Conflict of Interest, Says MIC Electronics

The company made it clear:
None of its promoters or group companies are linked to the order giver.
There are no related party transactions involved. That’s a green flag for investors.

Also Read NCC Stock Up 1.4% After ₹2,269-Cr Metro Line 6 Win from MMRDA

A Big Win Despite a Rough Quarter

While the new order is a boost, MIC Electronics had a tough Q4.
Their net profit dropped 92.8%, from a higher base last year.
In Q4 FY25, profit was just ₹3.57 crore.

But here’s the twist:
Their revenue actually went up by 95.3%, reaching ₹44.85 crore, compared to Q4 FY24.

So yes, they’re making more money, but spending a lot too.
Still, landing this railway order shows the company is back in the game.