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 ₹ 4,642 Cr.
- Current Price ₹ 121
- High / Low ₹ 168 / 75.6
- Stock P/E 45.2
- Book Value ₹ 42.3
- Dividend Yield 0.00 %
- ROCE 8.14 %
- ROE 6.50 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 2.85 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
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 3,172 | 3,202 | 4,349 | 5,446 | 6,285 | 6,965 | 7,183 | |
| 2,945 | 2,998 | 4,057 | 5,110 | 5,836 | 6,514 | 6,745 | |
| Operating Profit | 228 | 204 | 292 | 336 | 449 | 451 | 438 |
| OPM % | 7% | 6% | 7% | 6% | 7% | 6% | 6% |
| -1 | 5 | 4 | 11 | 10 | 8 | 15 | |
| Interest | 63 | 72 | 85 | 99 | 108 | 118 | 154 |
| Depreciation | 51 | 58 | 71 | 85 | 106 | 127 | 156 |
| Profit before tax | 112 | 80 | 140 | 163 | 246 | 215 | 143 |
| Tax % | 27% | 26% | 26% | 25% | 25% | 26% | 25% |
| 82 | 59 | 104 | 123 | 184 | 160 | 107 | |
| EPS in Rs | 2.72 | 1.95 | 3.46 | 3.19 | 4.78 | 4.16 | 2.78 |
| Dividend Payout % | -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: | 18% |
| 1 Year: | -1% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 10% |
| Last Year: | 7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 300 | 300 | 300 | 385 | 385 | 385 | 385 |
| Reserves | 133 | 192 | 297 | 800 | 985 | 1,146 | 1,241 |
| 872 | 968 | 1,149 | 1,432 | 1,570 | 1,976 | 1,997 | |
| 43 | 64 | 87 | 78 | 120 | 190 | 174 | |
| Total Liabilities | 1,348 | 1,524 | 1,832 | 2,694 | 3,059 | 3,697 | 3,797 |
| 223 | 674 | 785 | 1,142 | 1,356 | 1,758 | 1,932 | |
| CWIP | 351 | 2 | 24 | 14 | 45 | 30 | 19 |
| Investments | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| 774 | 848 | 1,023 | 1,538 | 1,658 | 1,908 | 1,846 | |
| Total Assets | 1,348 | 1,524 | 1,832 | 2,694 | 3,059 | 3,697 | 3,797 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 36 | 64 | 116 | -1 | 160 | 176 | 444 | |
| -70 | -60 | -68 | -301 | -117 | -332 | -125 | |
| 71 | -56 | -49 | 470 | -161 | 101 | -299 | |
| Net Cash Flow | 36 | -52 | -1 | 169 | -118 | -55 | 19 |
| Free Cash Flow | -28 | 10 | 48 | -247 | -14 | -159 | 310 |
| CFO/OP | 35% | 41% | 53% | 14% | 51% | 52% | 111% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 10 | 11 | 10 | 9 | 11 | 9 | 3 |
| Inventory Days | 54 | 63 | 60 | 60 | 66 | 76 | 74 |
| Days Payable | 1 | 1 | 3 | 2 | 3 | 6 | 4 |
| Cash Conversion Cycle | 63 | 73 | 66 | 67 | 73 | 79 | 73 |
| Working Capital Days | 14 | 23 | 22 | 31 | 39 | 37 | 36 |
| ROCE % | 11% | 14% | 12% | 13% | 10% | 8% |
Insights
In beta| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Total Store Count Number |
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| Average Ticket Size INR |
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| Bill Cuts Number in '000 |
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| Total Retail Area Million sq. ft. |
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| Same Store Sales Growth (SSSG) % |
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| Number of SKUs Number |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Electronics Mart India Limited has submitted the soft copies of the Newspaper Advertisement published on 23rd May 2026 pertaining to the Audited Financial Results for …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
2d - Audio recording of 22 May 2026 Q4 and FY26 earnings conference call uploaded.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
2d - Electronics Mart India reported Q4FY26 revenue of Rs 1,913 crore, PAT Rs 40 crore; FY26 revenue Rs 7,183 crore.
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Announcement under Regulation 30 (LODR)-Investor Presentation
2d - Company has submitted the Investor Presentation for the fourth quarter and the financial year ended on 31st March 2026
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Declaration Of The Audited Financial Results For The Period Ended 31St March 2026
2d - Board approved audited standalone and consolidated FY26 results on 22 May 2026.
Annual reports
Concalls
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May 2026TranscriptAI SummaryPPT
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Nov 2022Transcript PPT
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]