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 ₹ 5,074 Cr.
- Current Price ₹ 132
- High / Low ₹ 168 / 75.6
- Stock P/E 49.4
- Book Value ₹ 42.3
- Dividend Yield 0.00 %
- ROCE 8.14 %
- ROE 6.50 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 3.12 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 10.4% over last 3 years.
- Company might be capitalizing the interest cost
- Promoter holding has decreased over last 3 years: -12.8%
* 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 7m | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 1,649 | 3,172 | 3,202 | 4,349 | 5,446 | 6,285 | 6,965 | 7,183 | |
| 1,549 | 2,945 | 2,998 | 4,057 | 5,110 | 5,836 | 6,513 | 6,745 | |
| Operating Profit | 100 | 228 | 204 | 292 | 336 | 450 | 451 | 438 |
| OPM % | 6% | 7% | 6% | 7% | 6% | 7% | 6% | 6% |
| 1 | -1 | 5 | 4 | 11 | 10 | 8 | 15 | |
| Interest | 17 | 63 | 72 | 85 | 99 | 108 | 118 | 154 |
| Depreciation | 8 | 51 | 58 | 71 | 85 | 106 | 127 | 156 |
| Profit before tax | 75 | 112 | 80 | 140 | 163 | 246 | 215 | 143 |
| Tax % | 36% | 27% | 26% | 26% | 25% | 25% | 26% | 25% |
| 48 | 82 | 59 | 104 | 123 | 184 | 160 | 107 | |
| EPS in Rs | 1.60 | 2.72 | 1.95 | 3.46 | 3.19 | 4.78 | 4.16 | 2.79 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 10% |
| TTM: | 3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | -6% |
| TTM: | -36% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 14% |
| 1 Year: | -6% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 10% |
| Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 300 | 300 | 300 | 300 | 385 | 385 | 385 | 385 |
| Reserves | 52 | 133 | 192 | 297 | 800 | 985 | 1,146 | 1,242 |
| 377 | 872 | 968 | 1,149 | 1,432 | 1,570 | 1,976 | 1,997 | |
| 82 | 43 | 64 | 87 | 75 | 118 | 189 | 172 | |
| Total Liabilities | 811 | 1,348 | 1,524 | 1,832 | 2,692 | 3,057 | 3,696 | 3,795 |
| 179 | 571 | 674 | 785 | 1,142 | 1,356 | 1,758 | 1,932 | |
| CWIP | 20 | 2 | 2 | 24 | 14 | 45 | 30 | 19 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 612 | 774 | 848 | 1,023 | 1,535 | 1,656 | 1,907 | 1,845 | |
| Total Assets | 811 | 1,348 | 1,524 | 1,832 | 2,692 | 3,057 | 3,696 | 3,795 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 36 | 64 | 116 | -3 | 161 | 177 | 443 | ||
| -70 | -60 | -68 | -301 | -117 | -332 | -125 | ||
| 71 | -56 | -49 | 470 | -161 | 101 | -299 | ||
| Net Cash Flow | 36 | -52 | -1 | 166 | -117 | -54 | 18 | |
| Free Cash Flow | -28 | 10 | 48 | -249 | -13 | -158 | 309 | |
| CFO/OP | 35% | 41% | 53% | 14% | 51% | 53% | 111% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 19 | 10 | 11 | 10 | 9 | 11 | 9 | 3 |
| Inventory Days | 85 | 54 | 63 | 60 | 60 | 66 | 76 | 74 |
| Days Payable | 9 | 1 | 1 | 3 | 2 | 3 | 6 | 4 |
| Cash Conversion Cycle | 95 | 63 | 73 | 66 | 67 | 73 | 79 | 73 |
| Working Capital Days | 26 | 14 | 23 | 22 | 31 | 39 | 37 | 36 |
| ROCE % | 18% | 11% | 14% | 12% | 13% | 10% | 8% |
Insights
In beta| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Total Store Count number |
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| Average Ticket Size (ATS) Rs |
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| Bill Cuts thousand |
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| Same-Store Sales Growth (SSSG) % |
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| Total Retail Area sq ft |
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| Net Retail Sales per Store Rs Crore |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Jul - Regulation 74(5) compliance certificate submitted for quarter ended 30 June 2026.
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Commencement Of Commercial Operations
10 Jul - Commercial operations began for a new 6,500 sq ft Bajaj Electronics store in Peddapuram, Andhra Pradesh, on 10 July 2026.
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Closure of Trading Window
30 Jun - Trading window closed from 1 July 2026 until 48 hours after Q1 FY27 results.
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Commencement Of Commercial Operations
29 Jun - Commenced operations of a new 6,250 sq ft Electronics Mart store in Gurugram on 29 June 2026.
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Commencement Of Commercial Operations
22 Jun - Electronics Mart India commenced Bajaj Electronics store operations in Kagaz Nagar, Telangana on 22 June 2026.
Annual reports
Concalls
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May 2026Transcript PPT REC
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Feb 2026Transcript PPT
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT REC
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May 2025Transcript PPT REC
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT REC
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Aug 2024Transcript PPT
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Aug 2024TranscriptAI SummaryPPT
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Nov 2023TranscriptAI SummaryPPT
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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 2023TranscriptAI SummaryPPT
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Nov 2022Transcript PPT
Market Position[1]
The company is India's 4th-largest consumer durables and electronics retailer and the largest in South India by revenue, with a strong market presence in Telangana and Andhra Pradesh.