Electronics Mart India Ltd

Electronics Mart India Ltd

₹ 136 -0.40%
12 Nov 4:01 p.m.
About

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]

Key Points

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]

  • Market Cap 5,213 Cr.
  • Current Price 136
  • High / Low 186 / 110
  • Stock P/E 57.2
  • Book Value 40.4
  • Dividend Yield 0.00 %
  • ROCE 10.4 %
  • ROE 11.1 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 3.42 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 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
1,228 1,482 1,328 1,684 1,313 1,775 1,524 1,927 1,335 1,885 1,664 1,739 1,591
1,152 1,409 1,237 1,554 1,217 1,659 1,417 1,767 1,253 1,786 1,557 1,629 1,509
Operating Profit 75 73 91 130 97 115 108 160 82 99 107 110 82
OPM % 6% 5% 7% 8% 7% 6% 7% 8% 6% 5% 6% 6% 5%
1 3 5 2 2 2 3 2 2 2 2 -7 17
Interest 23 25 27 27 23 29 28 29 22 30 36 37 39
Depreciation 21 22 23 25 25 26 29 30 31 30 35 37 38
Profit before tax 32 30 46 81 50 62 53 103 31 42 38 29 22
Tax % 26% 26% 22% 25% 25% 26% 24% 25% 25% 24% 29% 25% 25%
24 22 36 60 37 46 41 77 23 32 27 22 16
EPS in Rs 0.80 0.57 0.94 1.57 0.97 1.19 1.05 2.00 0.61 0.82 0.69 0.56 0.42
Raw PDF

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 6,879
2,945 2,998 4,057 5,110 5,836 6,514 6,481
Operating Profit 228 204 292 336 449 451 398
OPM % 7% 6% 7% 6% 7% 6% 6%
-1 5 4 11 10 8 15
Interest 63 72 85 99 108 118 142
Depreciation 51 58 71 85 106 127 140
Profit before tax 112 80 140 163 246 215 130
Tax % 27% 26% 26% 25% 25% 26%
82 59 104 123 184 160 96
EPS in Rs 2.72 1.95 3.46 3.19 4.78 4.16 2.49
Dividend Payout % 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 17%
3 Years: 17%
TTM: 5%
Compounded Profit Growth
10 Years: %
5 Years: 13%
3 Years: 16%
TTM: -51%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 15%
1 Year: -17%
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 Sep 2025
Equity Capital 300 300 300 385 385 385 385
Reserves 133 192 297 800 985 1,146 1,172
872 968 1,149 1,432 1,570 1,976 1,963
43 64 87 78 120 190 159
Total Liabilities 1,348 1,524 1,832 2,694 3,059 3,697 3,678
223 674 785 1,142 1,356 1,758 1,903
CWIP 351 2 24 14 45 30 15
Investments 0 0 0 0 0 0 0
774 848 1,023 1,538 1,658 1,908 1,761
Total Assets 1,348 1,524 1,832 2,694 3,059 3,697 3,678

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%

Shareholding Pattern

Numbers in percentages

4 Recently
Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
77.97% 77.97% 77.97% 72.97% 72.97% 72.97% 72.97% 65.17% 65.17% 65.17% 65.17% 65.17%
3.11% 3.38% 3.44% 4.51% 4.99% 5.12% 4.95% 8.80% 9.23% 8.68% 7.18% 6.86%
9.12% 10.36% 10.92% 15.18% 16.50% 16.73% 16.96% 18.93% 17.96% 18.55% 17.22% 17.90%
9.82% 8.28% 7.67% 7.34% 5.54% 5.18% 5.12% 7.10% 7.65% 7.61% 10.42% 10.06%
No. of Shareholders 1,02,04996,65689,74785,85184,11685,25984,0951,03,6691,09,4721,07,8771,14,1321,17,362

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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