EMILNSEElectronics Mart India LimitedMediumNeutral
Announced Thu, 12 Feb · 18:11 IST

Electronics Mart India Limited has informed the Exchange about Transcript

Mgmt Guided Margin ImprovementMgmt Evaded Key QuestionInvestor Communications View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Electronics Mart India filed the transcript of its Q3 FY26 earnings call held on February 9, 2026. Q3 FY26 revenue grew 8% year-on-year to INR 1,939.7 crores, with EBITDA up 17% to INR 119 crores and EBITDA margin expanding from 5.6% to 6.1%. For 9M FY26, revenue stood at INR 5,270 crores (4% growth), EBITDA at INR 311 crores (5.9% margin), and PAT at INR 67 crores. Same-store sales growth was 2.54% for Q3 and a modest 0.19% for 9M FY26. The company added 4 new stores in Q3, taking the total to 219 stores, of which 83 are mature (over 4 years old) and 136 are newer; mature stores delivered a 7% EBITDA margin while newer stores operated at just 3%. NCR cluster grew 30% revenue with 7.1% SSG and turned EBITDA positive on a 9-month basis. Management expressed optimism on the upcoming summer season, with around 250,000 AC units already stocked and plans to enter new geographies such as Odisha and Western UP after Q1 FY27.

Likely market impact

Margin improvement and strong festive season growth (25% festive-to-festive) are positives, but overall same-store sales growth remains weak, and profitability is being dragged by the larger share of newer, lower-margin stores. Stock may react positively to margin expansion commentary and summer optimism, though investors will watch for execution on store ramp-up and the planned geographic expansion.