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Electronics Mart India Ltd

₹ 100-0.64%
07 Jan 9:53 a.m. – close price
🔗electronicsmartindia.com•BSE: 543626•NSE: EMIL
Market Cap₹ 3,855 Cr.
Current Price₹ 100
High / Low₹ 168
Stock P/E42.2
Book Value₹ 40.5
Dividend Yield0.00 %
ROCE10.4 %
ROE11.1 %
Face Value₹ 10.0
Sales₹ 6,879 Cr.
OPM5.79 %
Mar Cap₹ 3,855 Cr.

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]

Also present in buckets:
Aggressive Growth TriggersRevenue GuidanceAsset Base ExpansionCapacity Expansion And ProductsJv Partnerships AcquisitionsRevenue Guidance Vs ActualsCredit Rating UpdatesRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.Avenue Super.3732.5588.88242889.360.00684.853.8616676.3015.4517.9563880.417.332732.60685.0110.6311.860.07
2.Vishal Mega Mart129.8082.3860655.590.00152.3146.472981.4922.3813.1011805.6414.53736.21152.318.796.580.27
3.V-Mart Retail687.3054.205459.840.00-8.8784.30806.8722.078.503498.9012.50100.75-8.876.480.910.95
4.Shoppers Stop378.25255.204165.000.00-20.11-8.231256.6212.717.964861.1715.5816.32-20.1114.480.1911.56
5.Electronics Mart100.2042.213855.200.0016.15-73.101590.9719.1410.366879.435.7991.316.302.464.761.26
6.Patel Retail199.6522.58666.850.0010.1473.33222.4413.8817.33820.687.1125.2510.141.817.050.34
7.Spencer's Retail41.94–378.010.00-63.7926.83445.15-14.07-9.721789.83-0.55-241.15-63.79–-17.76–
–Median: 10 Co.142.542.212261.030.05.1436.65626.0114.6613.912644.367.2223.965.143.594.230.4

Quarterly Results

Standalone figures in ₹ crores

Dec 2022Dec 2023Dec 2024Jun 2023Jun 2024Jun 2025Mar 2023Mar 2024Mar 2025Sep 2022Sep 2023Sep 2024Sep 2025
Sales
1,4821,7751,8851,6841,9271,7391,3281,5241,6641,2281,3131,3351,591
Expenses
1,4091,6591,7861,5541,7671,6291,2371,4171,5571,1521,2171,2531,509
Operating Profit
73115991301601109110810775978282
Other Income
32222-753212217
Profit before tax
306242811032946533832503122
Tax %
26%26%24%25%25%25%22%24%29%26%25%25%25%
Net Profit
22463260772236412724372316
EPS in Rs
0.571.190.821.572.000.560.941.050.690.800.970.610.42

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
1,6493,1723,2024,3495,4466,2856,9656,879
Expenses
1,5492,9452,9984,0575,1105,8366,5136,481
Operating Profit
100228204292336450451398
Other Income
1-1541110815
Interest
1763728599108118142
Depreciation
851587185106127140
Profit before tax
7511280140163246215130
Net Profit
48825910412318416096
EPS in Rs
1.602.721.953.463.194.784.162.49
Dividend Payout %
0%0%0%0%0%0%0%–

Compounded Profit Growth

10 Years:%
5 Years:13%
3 Years:16%
TTM:-51%

Compounded Sales Growth

10 Years:%
5 Years:17%
3 Years:17%
TTM:5%

Return on Equity

10 Years:%
5 Years:14%
3 Years:13%
Last Year:11%

Stock Price CAGR

10 Years:%
5 Years:%
3 Years:7%
1 Year:-38%

Balance Sheet

Standalone figures in ₹ crores

Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
300300300300385385385385
Reserves
521331922978009851,1461,172
Borrowings
3778729681,1491,4321,5701,9761,963
Other Liabilities
8243648775118189158
Total Liabilities
8111,3481,5241,8322,6923,0573,6963,677
Fixed Assets
1795716747851,1421,3561,7581,903
Gross Block
187.48596.19758.76901.381,298.861,558.142,018.29–
Accumulated Depreciation
8.1224.7085.12116.44156.74201.79259.99–
CWIP
20222414453015
Investments
00000000
Other Assets
6127748481,0231,5351,6561,9071,760
Total Assets
8111,3481,5241,8322,6923,0573,6963,677

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
–3664116-3161177
Cash from Investing Activity
–-70-60-68-301-117-332
Cash from Financing Activity
–71-56-49470-161101
Net Cash Flow
–36-52-1166-117-54

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
191011109119
Inventory Days
85546360606676
Days Payable
9113236
Cash Conversion Cycle
95637366677379
Working Capital Days
26142322313937
ROCE %
–18%11%14%12%13%10%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
77.97%77.97%77.97%72.97%72.97%72.97%72.97%65.17%65.17%65.17%65.17%65.17%
FIIs
3.11%3.38%3.44%4.51%4.99%5.12%4.95%8.80%9.23%8.68%7.18%6.86%
DIIs
9.12%10.36%10.92%15.18%16.50%16.73%16.96%18.93%17.96%18.55%17.22%17.90%
Public
9.82%8.28%7.67%7.34%5.54%5.18%5.12%7.10%7.65%7.61%10.42%10.06%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Electronics Mart India Files SEBI Compliance Certificate for Q4 FY26

13th April 2026, 10:57 pm

Electronics Mart India Opens New Bajaj Electronics Store in Andhra Pradesh

3rd April 2026, 12:12 am

Electronics Mart India to hold Analyst/Investor Meet on April 9, 2026

2nd April 2026, 12:13 am

Electronics Mart India Opens New Store in Delhi on March 23, 2026

24th March 2026, 12:49 am

Electronics Mart India Schedules Investor Meeting for March 11, 2026

5th March 2026, 9:09 pm

Published by Other Websites

External media mentions & references

Avantel, HUL Lead BSE Pre-Open Surge on Demand, Mega Deal

25th March 2026, 10:05 am

Indian Markets Soar on US Trade Pact; Breakout Stocks Surge

9th February 2026, 5:50 pm

Indian Markets Slip Second Day; Infosys Misses Profit Despite Guidance

16th January 2026, 6:59 am

Brokerages Scout Opportunities: Infosys, L&T, Groww Top Radar

16th January 2026, 6:59 am

Electronics Mart India Forecasts Double-Digit Growth Ahead Amidst Q2 Profit Dip and Demand Revival

19th November 2025, 6:01 pm

News Articles

Editorial & research coverage

Indian Markets Slip Second Day; Infosys Misses Profit Despite Guidance
Indian Markets Slip Second Day; Infosys Misses Profit Despite Guidance

16th January 2026, 6:59 am

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Brokerage Alert! Top Analysts Reveal BUY, SELL, HOLD Stocks for 2025 - Your Must-Read Guide!

11th November 2025, 11:58 am

Documents

Announcements

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

1d - The Company officials will be attending the investor conference scheduled to be held on 08th January 2026 virtually.

Closure of Trading Window
Authority To Evaluate And Explore Various Avenues For Expansion

26 Dec - Board (24 Dec 2025) authorised individuals to explore acquisitions, investments, JVs; no material disclosure now.

Commencement Of Commercial Operations

17 Dec - Opened 9,100 sq ft Electronics Mart multi-brand store in Pooth Kalan, Northwest Delhi on 17 December 2025.

Announcement under Regulation 30 (LODR)-Credit Rating

11 Dec - IND A affirmed for INR8,030.65m; INR1,100m assigned; outlook revised to Stable (Dec 11, 2025).

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Credit Ratings

Rating update

11 Dec from fitch

Rating update

12 Sep 2024 from fitch

Rating update

22 Sep 2023 from fitch

Rating update

15 Jul 2022 from fitch

Rating update

1 Jul 2022 from fitch

Rating update

10 May 2021 from fitch

Concalls

Nov 2025

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Aug 2025

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May 2025

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Feb 2025

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Nov 2024

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Aug 2024

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Nov 2023

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Nov 2022

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Stock Analysis

Description

Electronics Mart India Limited (EMIL) is a prominent consumer durable and electronics retailer in India, ranking as the 4th largest by revenue. The company holds a significant market position in the Southern region, offering a wide range of products from over 70 brands.

Key Growth Triggers

EMIL's strategy involves aggressive retail expansion by opening new stores, particularly under its proprietary brands like 'BAJAJ ELECTRONICS'. The company focuses on increasing its market reach, strengthening its presence in key regions, and catering to evolving consumer demand for electronics and appliances.

Order Book

Currently no data available for Order Book.

Key Red Flags

  1. Company has a low interest coverage ratio.
  2. Potential for capitalization of interest costs.
  3. Promoter holding has decreased over the last three years.

Key Dates To Watch

  1. Q3 FY26 Financial Results Board Meeting: Date to be intimated (following trading window closure from Jan 15, 2026).
  2. Annual General Meeting (AGM): Historically held in September (e.g., Sept 25, 2025, for FY25).

Corporate Announcements

13th Apr 26
Impact Rating: 1
Electronics Mart India Limited has filed its quarterly compliance certificate for the period ending March 31, 2026, with NSE and BSE. This filing confirms the company's adherence to SEBI (Depositories and Participants) Regulations 2018, with details from its registrar.
2nd Apr 26
Impact Rating: 4
Electronics Mart India Limited has started commercial operations for a new store named 'BAJAJ ELECTRONICS' located in Andhra Pradesh. The store commenced operations on April 2, 2026.
1st Apr 26
Impact Rating: 5
Electronics Mart India Limited announced an upcoming virtual group meeting for analysts and institutional investors. The event is scheduled for April 9, 2026, from 1:00 PM to 2:00 PM IST, and will cover publicly available information.
23rd Mar 26
Impact Rating: 5
Electronics Mart India Limited commenced commercial operations for a new multi-brand store in Delhi on March 23, 2026. The Rohini store operates under the 'ELECTRONICS MART' brand and spans 3,200 square feet.
5th Mar 26
Impact Rating: 6
Electronics Mart India Limited has announced its officials will attend an investor conference on March 11, 2026, organised by Investec at Trident BKC.