Electronics Mart News and Updates

Specialty Retail company Electronics Mart India announced Q1FY27 results Consolidated Financial Highlights: Total Income: The company reported a total income of Rs 24,209.00 million for Q1FY27, representing a YoY increase of 39.08% from Rs 17,406.51 million in Q1FY26 and a QoQ increase of 26.44% from Rs 19,147.04 million in Q4FY26. Revenue from Operations: Revenue for Q1FY27 stood at Rs 24,189.50 million, up by 39.07% compared to Rs 17,393.90 million in Q1FY26. On a sequential basis, it grew by 26.43% from Rs 19,132.45 million in Q4FY26. Profit Before Tax: The company achieved a profit before tax of Rs 1,620.70 million in Q1FY27, marking a significant growth of 460.83% YoY from Rs 288.98 million in Q1FY26 and a 203.08% increase QoQ from Rs 534.74 million in Q4FY26. Net Profit: Profit for the period in Q1FY27 was Rs 1,206.37 million, rising by 458.07% YoY from Rs 216.17 million in Q1FY26 and by 203.61% QoQ from Rs 397.34 million in Q4FY26. Earnings Per Equity Share (EPES): The basic EPS for Q1FY27 increased to Rs 3.14, compared to Rs 0.56 in Q1FY26 and Rs 1.03 in Q4FY26. Standalone Financial Highlights: Total Income: Standalone total income for Q1FY27 was Rs 24,208.90 million, reflecting a YoY growth of 39.08% from Rs 17,406.50 million in Q1FY26 and a QoQ growth of 26.44% from Rs 19,146.96 million in Q4FY26. Revenue from Operations: Standalone revenue for Q1FY27 reached Rs 24,189.50 million, an increase of 39.07% YoY from Rs 17,393.90 million in Q1FY26 and 26.43% QoQ from Rs 19,132.45 million in Q4FY26. Profit Before Tax: Standalone profit before tax for Q1FY27 stood at Rs 1,620.58 million, up by 460.23% YoY from Rs 289.27 million in Q1FY26 and by 203.04% QoQ from Rs 534.77 million in Q4FY26. Net Profit: Net profit for Q1FY27 was Rs 1,206.25 million, representing a YoY increase of 457.26% from Rs 216.46 million in Q1FY26 and a QoQ increase of 203.56% from Rs 397.37 million in Q4FY26. Business Highlights: Exceptional Items - Historical Context: During Q1FY26, a fire incident in one of the company's godowns resulted in inventory damage valued at Rs 81.72 million, which was written off as an exceptional item. In the previous year (FY26), the Group transferred its four "IQ" retail stores in Telangana and Andhra Pradesh for a total consideration of Rs 80 million, recognizing a gain of Rs 76.65 million. In Q4FY26, the Group recognized a reversal of the impact of labour codes amounting to Rs 40.87 million following a restructuring of employee compensation in line with the "New Labour Code" framework. Audit Appointment: The Board Meeting held on August 7, 2026, approved the financial results which were subjected to a limited review by the statutory auditor, Walker Chandiok & Co. LLP. Karan Bajaj, CEO, EMIL, said: “Q1FY27 was our strongest quarter to date, with all key metrics moving in the right direction — revenue grew 39% to Rs 2,419 crore, gross profit rose 65% to Rs 417 crore with margins expanding to 17.2%, EBITDA increased 118% to Rs 239 crore at a 9.9% margin, and PAT grew 458% to Rs 121 crore. The margin expansion was broad-based, driven by an improved product mix and operating leverage playing out as throughput increased across our newer stores. SSSG of 34.2% reflects the pace at which our stores are maturing and the strength of demand in our core markets. Our South cluster continues to operate as a scaled, profitable engine at a 10.9% EBITDA margin, and our North cluster is beginning to follow the same trajectory — revenue grew 29% with margins improving to a record 4.9%, as more stores in the region mature and gain scale. Looking ahead, we are preparing to enter West Bengal, the next step in our cluster-based expansion strategy where we see meaningful headroom for organized retail. For the remainder of FY27, our priorities remain working capital efficiency, disciplined expansion, and the customer experience that has underpinned EMIL's growth over the past four decades." Result PDF

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