Multibagger railway penny stock under Rs 55: Company receives 3 orders worth Rs 1,73,04,860 in just 1 day from Railways

MIC Electronics Limited has secured three new orders from Indian Railways, collectively valued at Rs 1,73,04,860. These contracts, all domestic and received in a single day, were obtained through the tender process. The company has received Letters of Acceptance (LOAs) from both the South Central and Northern Railway divisions, highlighting its continued success in providing technology solutions for the railway sector.

The first LOA, from the South Central Railway, Secunderabad Division, is valued at Rs 53,67,040. This order involves the provision of Coach Guidance Boards and 'At a Glance' display boards at HFZ station, as well as the replacement of existing Solid-State Platform Announcement systems at 20 stations across the division. The company is required to execute this work within a period of 12 months.

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The remaining two orders, from the Northern Railway, are focused on the Amrit Bharat station scheme in the Delhi division. One contract is for Rs 43,89,560, while the other is a variation order for Rs 75,48,260. Both of these orders involve providing passenger amenities and expanding information systems to assist "Divyangjan" (persons with disabilities) at multiple stations, including TKJ, GHNA and MDNR. The specific terms and execution timelines for these contracts will be finalised upon the signing of the agreements.

About the Company

MIC Electronics Ltd., founded in 1988, is a leading manufacturer of LED displays (indoor, outdoor, mobile), lighting solutions (indoor, outdoor, solar), telecom equipment, railway and software. They also produce medical equipment like oxygen concentrators and batteries. Headquartered in India, MIC exports its products globally and has a presence in the USA, Australia, the UK and other countries. , MIC Electronics Ltd has been awarded ISO 45001:2018 and ISO 14001:2015 certifications, recognising their robust Environmental Management System across their diverse product portfolio, including LED display systems, lighting products, EV chargers and railway-related electronic solutions

Result: According to Quarterly Results, the company reported net sales of Rs 11.61 crore and net profit of Rs 1.67 crore in Q1FY26. In its annual results, the net sales increased by 8 per cent to Rs 94.76 crore in FY25 compared to FY24. The company reported a net profit of Rs 9.83 crore in FY25 compared to Rs 61.84 crore in FY24.

MIC Electronics has a market cap of over Rs 1,100 crore and has delivered good profit growth of 19.2 per cent CAGR over the last 5 years. The stock gave multibagger returns of 205 per cent in 3 years and a whopping 7,140 per cent in 5 years. The promoters of the company hold a 62.06 per cent stake as of June 2025.

Disclaimer: The article is for informational purposes only and not investment advice.