Electronics Mart India Ltd

From the transcript on pages 2-24 of the Electronics Mart India Limited Q3 and FY '26 Earnings Call (February 9, 2026), there is no explicit mention of any current or planned new fundraising through debt or equity. However, some indirect information includes: - Management discussed retaining funds raised earlier, with promoter stake at about 65%, expressing intent to possibly buy back shares for confidence-building but no committed buyback at this time (Pages 22-24). - There were mentions of ongoing investor meetings in coming months and potential decisions on promoter share purchases before Q1 results but no formal announcement of a new raise (Page 23). - No explicit statements about fresh equity or debt issuance were made during the call. - Cash flow and working capital position appear healthy, with INR 500 crores operating cash flow for 9 months (Page 6). In summary, no confirmed or announced new fundraising through debt or equity as of this call.

- Plans to expand store count with new store openings: added 4 stores in Q3 FY '26 (2 in NCR, 2 in Andhra Pradesh) and expecting another 5-6 stores by end of March FY '27. - Intent to enter new geographies post Q1 FY '27, specifically targeting Odisha and Western UP, with evaluation of other regions in Southern, Western, and Eastern markets. - New stores in Delhi region under construction, including locations like Saket, Golf Course, and Gurgaon, expected to add around 6-7 stores soon. - Expansion strategy favors rental models rather than ownership for new locations, especially in Delhi and new geographies. - No significant inorganic acquisitions planned currently; promoter considering creeping acquisition of own shares as a confidence-building measure but awaiting further investor discussions. - Inventory buildup ongoing for upcoming summer season, including elevated stock for air conditioners and televisions aligned with new energy ratings.

- Expect double-digit growth rate to return, supported by positive market trends and a likely good Q4 and summer season (Page 17). - Expansion plans include opening 5-6 new stores by end of March and venturing into new geographies like Odisha and Western UP in FY '27 Q2/Q3 (Pages 19, 21). - Mature stores projecting improved profitability as they ramp up, with newer stores expected to increase throughput and reduce fixed cost absorption issues (Page 5). - Volume growth remains strong across categories despite price cuts and discounting, supported by increased penetration of premium products like 75-inch TVs, front-loading washing machines, and dishwashers (Page 21). - Cooling products and mobiles are expected to drive growth, aided by favorable government policies such as GST rate reductions and income tax benefits that enhance disposable income (Pages 4, 9). - Inventory stocking aligned with optimistic sales outlook and expected softer NBFC underwriting policies to ease credit access (Pages 10, 8).

- Revenues for Q3 FY '26 grew 8% YoY; 9MFY '26 revenues up 4% YoY, indicating steady growth momentum. - EBITDA for Q3 FY '26 increased 17% YoY; EBITDA margin improved from 5.6% to 6.1%. - EBITDA margins expected to improve as newly opened stores mature and absorb fixed costs better. - Mature stores showcase strong EBITDA margins of 7%, while newer stores are at 3%, indicating room for margin expansion with store maturity. - Operating leverage from expanding store base and improved throughput expected to enhance profitability and ROCE over time. - The company is optimistic about double-digit growth returning, supported by GST cuts, premium product mix, and upsurge in volume demand. - Expansion into new geographies planned post Q1 FY '27, expected to add to revenue growth. - Credit availability easing from NBFCs/banks will support sales growth, particularly in cooling products. - PAT for Q3 FY '26 stood at INR 30 crores; 9MFY '26 at INR 67 crores with positive outlook on future earnings.

The provided transcript from the Electronics Mart India Limited Q3 and FY '26 Earnings Conference Call does not explicitly mention the current or expected order book or pending orders. Key points related to inventory and demand include: - Inventory buildup ahead of the summer season, particularly cooling products like air conditioners (around 250,000 units ready). - Preparedness for good volume demand across categories in the upcoming quarters. - Optimistic outlook on demand with steady growth and positive growth during festive periods. - No direct mention of specific pending orders or order book values in the discussion. Hence, there is no direct information on current or expected orderbook or pending orders in the disclosed pages of the report.