Whalesbook
Electronics Mart India Limited (EMIL) reported a strong financial performance for the fourth quarter ended March 31, 2026. The company's profit after tax (PAT) rose 49% year-on-year to ₹40 crore. Earnings before interest, taxes, depreciation, and amortization (EBITDA) also grew by 20% to ₹129 crore, with profit margins improving to 6.7%. Total revenue from operations increased by 15% to ₹1,913 crore during the quarter.
Sales Momentum Builds
The retailer credited its robust quarterly results to the successful development of its store network. Existing stores saw a significant 12.1% increase in sales for Q4 FY26, indicating higher customer footfall and spending. Gross profit climbed 15% to ₹282 crore, with gross margins stable at 14.8%. Mobile phones were the largest sales contributor at 45%, followed by large appliances at 42%, and small appliances, IT, and other categories making up the remaining 13%.
Full Year Results and Future Outlook
For the full fiscal year 2026, EMIL's revenue from operations reached ₹7,183 crore, a 7% increase from the prior year. The company reported an annual PAT of ₹107 crore and EBITDA of ₹438 crore, with margins at 6.1%. On a pre-IND-AS basis, cash flow from operations was ₹299 crore.
CEO Karan Bajaj expressed confidence, attributing the strong quarterly results to strategic expansion over the last two years, which added 63 new stores. Bajaj expects operating leverage to improve in FY27 as these newer stores mature and contribute more to profitability. EMIL operates more than 200 stores across over 80 cities, with a notable presence in Telangana, Andhra Pradesh, and the National Capital Region (NCR). The company is listed on the National Stock Exchange of India.