Hyderabad-based MIC Electronics Limited has secured multiple domestic railway infrastructure contracts, strengthening its presence in the public transportation technology segment. The orders were received from divisions of Indian Railways through a competitive tender process and are not related-party transactions.
As of 12 February 2026, the company’s stock closed at ₹41.90, down ₹0.55 or 1.30%. The stock has delivered a negative 36.79% return over one year but generated a strong 228.63% return over three years.
On February 10, 2026, MIC Electronics received a Letter of Acceptance from the Howrah Division of the Eastern Railway Zone. The project involves the installation of high-tech passenger information systems, including Coach Indication Boards and Train Indication Boards across eight stations in the Howrah division, namely PRGR, SKIP, BZLE, SALE, MGAE, SDI, MRR, and RJG.
The total contract value stands at ₹4,45,01,602.40, and the company must execute the order within six months. The company clarified that detailed terms and conditions will be finalised at the time of agreement execution. It also confirmed that promoters and promoter group entities have no interest in the awarding authority, and the order does not fall under related party transactions.
Earlier, on February 09, 2026, the company received another Letter of Acceptance from the Firozpur Division of the Northern Railway Zone. This project includes the provision of coach guidance and public address systems at SVDK and SINA stations under Jammu Division.
The order is valued at ₹1,45,75,627.69 and must be completed within three months. Similar to the second order, it is a domestic direct tender contract and the company confirmed that promoters have no interest in the awarding entity and the transaction is not a related-party deal. The final agreement terms will be determined during execution.
With both contracts combined, MIC Electronics has secured orders totaling ₹5,90,77,230.09, approximately ₹5.91 crore. The relatively short execution timelines, ranging between three and six months, provide near-term revenue visibility for the company and strengthen its credentials in railway station modernisation projects.
MIC Electronics Limited is an ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 certified company headquartered in Hyderabad. The firm develops LED display products and electronic solutions for infrastructure and public utility sectors. These latest railway contracts further expand its portfolio in transportation systems and reinforce its positioning as a supplier of passenger information and communication technologies for railway networks in India.

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