Electronics Mart India Ltd

Q4 FY26Retailing

Electronics Mart India Q4 FY26 earnings call: Revenue & Margins

Q4 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹187

Market cap₹7.3K Cr

P/E37.2

Updated23 Aug 2026

Read5 min read

The short version

Delhi NCR saw 19% like-to-like store sales growth in Q4, driven by both volume and value, with volume growth significant due to a smaller base. Electronics Mart India Limited reported a Q4 FY26 revenue growth of 15% and EBITDA growth of 20%, with an EBITDA margin increase to 6.7%.

From Electronics Mart India Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

Delhi NCR saw 19% like-to-like store sales growth in Q4, driven by both volume and value, with volume growth significant due to a smaller base.
South cluster stores (Andhra Pradesh and Telangana) have higher volumes and revenues; Telangana and Andhra Pradesh together reported over INR2,000 crores revenue with high single-digit same-store sales growth (SSSG).
FY27 sales in Delhi expected to improve over FY26, benefiting from a better summer season.
Store additions planned: ~20 new stores in FY27, with 12-15 in existing regions (NCR, AP, Telangana) and 5-7 in new geography (Calcutta).
Expansion into new geographies such as East India (starting with Calcutta by Q2/Q3 FY27) and possibly UP with 30-70 stores planned.

2 more points management made on revenue & sales performance

Profitability & Margins

Electronics Mart India Limited reported a Q4 FY26 revenue growth of 15% and EBITDA growth of 20%, with an EBITDA margin increase to 6.7%.
For FY26, revenue grew 7%, EBITDA margin was 6.1%, and same-store sales growth (SSSG) stood at 5.3%.
They expect mature stores to sustain approx. 7.3% EBITDA margin; newer stores to improve from 3.1%, reaching mature store levels in next 2 years.
The North cluster (NCR) aims for INR 800+ crore revenue in FY27 vs. INR 585 crore in FY26, targeting 2-4% EBITDA margins by FY28.
Andhra and Telangana clusters have better than 3% EBITDA margins, with revenues crossing INR 1,000 crores and expected higher single-digit SSSG.
Focus remains on cash flow and working capital efficiency to drive profitability.

2 more points management made on profitability & margins

See what Electronics Mart India Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

For FY27, Electronics Mart India Limited plans a capital investment of around INR 50 crores in real estate for expansion in Calcutta (Eastern market).
Over the next 12-14 months, total acquisition in Calcutta is expected not to exceed INR 100 crores.
Store additions planned for FY27 include 12-15 new stores in existing clusters (NCR, Andhra Pradesh, Telangana) and 5-7 stores in Calcutta by Q2/Q3 to capitalize on festive seasons.
Average store size remains 8,000-10,000 sq ft with a capex of INR 3-4 crores per store consistent with past stores.

2 more points management made on capital expenditure plans

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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

The disclosed transcript from Electronics Mart India Limited does not mention any current or planned fundraising through debt or equity. Key points regarding financial strategy include: - No specific mention of debt or equity fundraising in FY26 or FY27. - The company focuses on organic store expansion, capital allocation, and working capital management. - There is emphasis on prudent cash flow management and deploying cash flows into business growth. - No franchise model planned currently, which would otherwise provide capital efficiency.

2 more points management made on fundraising & capital structure

See what Electronics Mart India Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The provided transcript from the Electronics Mart India Limited Q4 and FY '26 Earnings Conference Call does not explicitly mention or provide details on the current or expected order book or pending orders. The discussion primarily covers topics such as: - Market expansion strategy (especially in Delhi NCR and Calcutta) - Store openings and geographic focus - Sales growth and margin outlook by region - Price trends and product mix changes

2 more points management made on order book & pipeline

Electronics Mart India Ltd — Quarterly revenue & net profit

Revenue Net profit

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹1.9K Cr, net profit ₹40 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

What Electronics Mart's management said in earlier quarters

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Frequently Asked Questions

What were Electronics Mart India Ltd Q4 FY26 results?

What is Electronics Mart India Ltd share price analysis?

Electronics Mart India Ltd currently shows a neutral. The stock trades at a P/E of 37.2 with a market cap of ₹7,289 Cr. Investors should review the full earnings analysis for detailed insights.

Is Electronics Mart India Ltd planning capital expenditure?

For FY27, Electronics Mart India Limited plans a capital investment of around INR 50 crores in real estate for expansion in Calcutta (Eastern market).

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.