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 ₹ 5,667 Cr.
- Current Price ₹ 147
- High / Low ₹ 211 / 110
- Stock P/E 51.8
- Book Value ₹ 39.8
- Dividend Yield 0.00 %
- ROCE 10.4 %
- ROE 11.1 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 3.70 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 12.9% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|
3,172 | 3,202 | 4,349 | 5,446 | 6,285 | 6,965 | 6,675 | |
2,945 | 2,998 | 4,057 | 5,110 | 5,836 | 6,514 | 6,274 | |
Operating Profit | 228 | 204 | 292 | 336 | 449 | 451 | 400 |
OPM % | 7% | 6% | 7% | 6% | 7% | 6% | 6% |
-1 | 5 | 4 | 11 | 10 | 8 | 0 | |
Interest | 63 | 72 | 85 | 99 | 108 | 118 | 126 |
Depreciation | 51 | 58 | 71 | 85 | 106 | 127 | 133 |
Profit before tax | 112 | 80 | 140 | 163 | 246 | 215 | 141 |
Tax % | 27% | 26% | 26% | 25% | 25% | 26% | |
82 | 59 | 104 | 123 | 184 | 160 | 104 | |
EPS in Rs | 2.72 | 1.95 | 3.46 | 3.19 | 4.78 | 4.16 | 2.71 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 17% |
TTM: | 2% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 16% |
TTM: | -45% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 19% |
1 Year: | -25% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 13% |
Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Equity Capital | 300 | 300 | 300 | 385 | 385 | 385 |
Reserves | 133 | 192 | 297 | 800 | 985 | 1,146 |
872 | 968 | 1,149 | 1,432 | 1,570 | 1,976 | |
43 | 64 | 87 | 78 | 120 | 190 | |
Total Liabilities | 1,348 | 1,524 | 1,832 | 2,694 | 3,059 | 3,697 |
223 | 674 | 785 | 1,142 | 1,356 | 1,758 | |
CWIP | 351 | 2 | 24 | 14 | 45 | 30 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 |
774 | 848 | 1,023 | 1,538 | 1,658 | 1,908 | |
Total Assets | 1,348 | 1,524 | 1,832 | 2,694 | 3,059 | 3,697 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
36 | 64 | 116 | -1 | 160 | 176 | |
-70 | -60 | -68 | -301 | -117 | -332 | |
71 | -56 | -49 | 470 | -161 | 101 | |
Net Cash Flow | 36 | -52 | -1 | 169 | -118 | -55 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Debtor Days | 10 | 11 | 10 | 9 | 11 | 9 |
Inventory Days | 54 | 63 | 60 | 60 | 66 | 76 |
Days Payable | 1 | 1 | 3 | 2 | 3 | 6 |
Cash Conversion Cycle | 63 | 73 | 66 | 67 | 73 | 79 |
Working Capital Days | 14 | 23 | 22 | 31 | 39 | 37 |
ROCE % | 11% | 14% | 12% | 13% | 10% |
Documents
Announcements
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Commencement Of Commercial Operations
4m - Electronics Mart India Limited has commenced the commercial operations of a multi-brand store under the brand name of "BAJAJ ELECTRONICS" in Enikepadu, Vijayawada, Andhra Pradesh.
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Commencement Of Commercial Operations
17 Oct - Bajaj Electronics multi-brand store opened 17 Oct 2025 in Bapulapadu, Andhra Pradesh; 5,700 sqft.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Oct - Electronics Mart India Limited informed about the certificate under Regulation 74 of SEBI (Depositories and Participants) Regulations 2018.
- Closure of Trading Window 30 Sep
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Update On The Fire Incident That Happened On 29Th May 2025
30 Sep - Guntur godown fire on May 28-29, 2025; insurer accepted Rs 7.53 crore settlement; rebuilding underway.
Annual reports
Concalls
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Aug 2025Transcript PPT REC
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Market Position[1]
Emart is the largest consumer durables and electronics retailer in the Southern region, particularly dominant in Telangana and Andhra Pradesh, and ranks as the 4th largest retailer in India by revenue, offering consumer electronics, appliances, and IT products from 100+ brands.[2]