Electronics Mart India Limited Earnings Summary — Q1 FY2027
Electronics Mart India Reports Surge in Q1 Profit and Revenue Amid Robust Consumer Demand
Quarterly Business Intelligence
AI Quarterly Scorecard™
Computed deterministically from the last 10 reported quarters.
Quarterly Business Momentum
- Revenue grew 26.4% sequentially in Q1 FY2027.
- Revenue of ₹2,419 Cr is 39.1% higher year-on-year.
- Revenue has compounded at 22.8% annualised over the last 10 quarters.
- Revenue is at its highest level in 10 quarters.
- Net profit has reached its highest level in 10 quarters.
- Net profit of ₹121 Cr is 458.0% above the same quarter last year.
- Profit growth is outpacing revenue growth, pointing to positive operating leverage.
- Net profit has compounded at 62.3% annualised across the period.
- Operating margin stands at 9.9% in Q1 FY2027.
- Operating margin expanded by 355 bps year-on-year.
- Over the last two years operating margin has expanded by 159 bps.
- PBT margin is 6.7%.
- Expense growth of 33.8% remained below revenue growth of 39.1%.
- Operating profit of ₹239 Cr is 117.1% higher year-on-year.
- Operating leverage continues to improve.
- 5 of the last 6 measured quarters delivered year-on-year revenue growth.
- Overall quarterly business momentum scores 77/100 (Strong) on the latest 10 quarters.
- Business momentum remains positive heading into the next quarter.
Quarterly Financials
Last 10 Reported Quarters • All figures in ₹ Crore • Margins in %
| Metric | Trend | Latest Q1 FY2027 | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Accelerating | 2,419 | 1,913 | 1,940 | 1,591 | 1,739 | 1,664 | 1,805 | 1,335 | 1,927 | 1,524 |
| Expenses | Improving | 2,180 | 1,785 | 1,821 | 1,509 | 1,629 | 1,557 | 1,703 | 1,253 | 1,767 | 1,417 |
| Operating Profit | Strong Uptrend | 239 | 129 | 118 | 82 | 110 | 107 | 102 | 82 | 160 | 108 |
| Operating Margin | Accelerating | 9.9% | 6.7% | 6.1% | 5.1% | 6.3% | 6.5% | 5.6% | 6.2% | 8.3% | 7.1% |
| Other Income | Volatile | 2 | 6 | -0 | 17 | -7 | 2 | 2 | 2 | 2 | 3 |
| Interest | Improving | 37 | 40 | 38 | 39 | 37 | 37 | 30 | 22 | 29 | 28 |
| Depreciation | Improving | 42 | 41 | 40 | 38 | 37 | 35 | 30 | 31 | 30 | 29 |
| Profit Before Tax | Volatile | 162 | 53 | 39 | 22 | 29 | 38 | 44 | 31 | 103 | 53 |
| Tax | Volatile | 41 | 14 | 10 | 5 | 7 | 11 | 11 | 8 | 26 | 13 |
| Net Profit | Volatile | 121 | 40 | 30 | 16 | 22 | 27 | 34 | 23 | 77 | 41 |
| Net Margin | Volatile | 5.0% | 2.1% | 1.5% | 1.0% | 1.2% | 1.6% | 1.9% | 1.8% | 4.0% | 2.7% |
Key Takeaways
- Revenue from operations grew strongly by 39.1% year-on-year to ₹24,189.50 million.
- Consolidated Net Profit witnessed a massive jump of 458% YoY, reaching ₹1,206.37 million.
- Operating margins expanded significantly to 9.9% during the quarter, reflecting strong operating leverage.
- Inventory levels showed a seasonal increase, with changes in inventories contributing ₹2,809.54 million to expenses.
- The company maintained its dominant position in South Indian markets, supported by a vast 6,000+ SKU portfolio.
- Finance costs remained relatively stable at ₹372.38 million compared to ₹401.01 million in the prior quarter.
Management Guidance
Management is focused on regional dominance in South India and optimizing the SKU mix. They are continuing to monitor legislative developments regarding the 'New Labour Code' for any future impact on employee benefit obligations.
Sentiment Shift
Improving
A sharp recovery in both revenue growth and net profit margins suggests strong momentum entering the new fiscal year compared to the moderated performance in FY2026.
Outlook
The outlook remains positive as the company scales its retail footprint and benefits from a high-volume, low-margin business model that is now showing signs of improved capital efficiency and profit conversion.
From the Annual Report (Key Quotes)
“The Company operates in a single reportable segment viz retail and wholesale sale of consumer durable and electronics products.”
“The Chief Operating Decision Maker reviews the results as a whole when making decisions about allocating resources and assessing performance.”
Official Quarterly Documents
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This summary is AI-generated from Electronics Mart India Limited's latest quarterly filing and earnings call. For informational purposes only — not investment advice.