Electronics Mart India Ltd
Incorporated in 1980, Electronics Mart India Limited is the 4th largest consumer durable and electronics retailer in India. The company offers a diversified range of products with a focus on large appliances (air conditioners, televisions, washing machines, and refrigerators), mobiles and small appliances, IT, and others. The company's offering includes more than 6,000 SKUs (stock keeping units) across product categories from more than 70 consumer durable and electronic brands.[1]
- Market Cap ₹ 8,651 Cr.
- Current Price ₹ 225
- High / Low ₹ 245 / 70.1
- Stock P/E 48.2
- Book Value ₹ 33.3
- Dividend Yield 0.00 %
- ROCE 12.0 %
- ROE 13.8 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 6.75 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|
3,172 | 3,202 | 4,349 | 5,446 | 6,119 | |
2,945 | 2,998 | 4,057 | 5,110 | 5,686 | |
Operating Profit | 228 | 204 | 292 | 336 | 433 |
OPM % | 7% | 6% | 7% | 6% | 7% |
-1 | 5 | 4 | 11 | 13 | |
Interest | 63 | 72 | 85 | 99 | 107 |
Depreciation | 51 | 58 | 71 | 85 | 100 |
Profit before tax | 112 | 80 | 140 | 163 | 239 |
Tax % | 27% | 26% | 26% | 25% | |
82 | 59 | 104 | 123 | 180 | |
EPS in Rs | 2.72 | 1.95 | 3.46 | 3.19 | 4.67 |
Dividend Payout % | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 20% |
TTM: | 14% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 12% |
TTM: | 47% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 208% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 15% |
Last Year: | 14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|
Equity Capital | 300 | 300 | 300 | 385 | 385 |
Reserves | 133 | 192 | 297 | 800 | 897 |
872 | 968 | 1,149 | 1,432 | 1,104 | |
43 | 64 | 87 | 78 | 99 | |
Total Liabilities | 1,348 | 1,524 | 1,832 | 2,694 | 2,485 |
223 | 674 | 785 | 1,142 | 1,194 | |
CWIP | 351 | 2 | 24 | 14 | 25 |
Investments | 0 | 0 | 0 | 0 | 0 |
774 | 848 | 1,023 | 1,538 | 1,266 | |
Total Assets | 1,348 | 1,524 | 1,832 | 2,694 | 2,485 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
36 | 64 | 116 | -1 | |
-70 | -60 | -68 | -301 | |
71 | -56 | -49 | 470 | |
Net Cash Flow | 36 | -52 | -1 | 169 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
Debtor Days | 10 | 11 | 10 | 9 |
Inventory Days | 54 | 63 | 60 | 60 |
Days Payable | 1 | 1 | 3 | 2 |
Cash Conversion Cycle | 63 | 73 | 66 | 67 |
Working Capital Days | 65 | 81 | 70 | 76 |
ROCE % | 11% | 14% | 12% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
16 May - An Earnings Conference Call on financials results of the financial year ended on 31st March 2024 is scheduled to be held on 27th May 2024 …
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Commencement Of Commercial Operations
15 May - Electronics Mart India Limited has commenced the commercial operations of a Multi Brand Store under the name "Electronics Mart" In Ghaziabad, Uttar Pradesh.
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
14 May - Electronics Mart India Limited has submitted the Monitoring Agency Report issued by the ICICI Bank for the quarter ended on 31st March 2024.
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Statement On Deviation
14 May - Electronics Mart India Limited has submitted a statement on deviation under regulation 32 of SEBI LODR 2015
- Board Meeting Intimation for Approval Of Audited Financials For The Period Ended On 31St March 2024. 14 May
Concalls
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Nov 2023TranscriptNotesPPT
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Aug 2023Transcript PPT
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Jun 2023Transcript PPT
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Feb 2023Transcript PPT
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Feb 2023TranscriptNotesPPT
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Nov 2022Transcript PPT
Market Position
The company is the largest player in the Southern region in revenue terms with dominance in Telangana and Andhra Pradesh and the 4th largest consumer durables and electronics retailer in India. [1]