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Updated - May 22, 2026 at 06:06 PM.

Electronics Mart India Limited CEO Karan Bajaj attributed the performance to store maturation following an expansion phase | Photo Credit: Balaji W S

Electronics Mart India Limited (EMIL) on Friday reported a sharp improvement in profitability for the fourth quarter of FY26, with Profit After Tax (PAT) rising 49 per cent year-on-year to ₹40 crores. EBITDA grew 20 per cent to ₹129 crores, with margins expanding to 6.7 per cent, while revenue from operations rose 15 per cent to ₹1,913 crores for the quarter which ended March 31, 2026.

Same-store sales growth came in at 12.1 per cent for Q4FY26, indicating improving throughput at existing outlets. Gross profit for the quarter stood at ₹282 crores, up 15 per cent year-on-year, with gross margins at 14.8 per cent. The product mix was led by mobiles at 45 per cent, followed by large appliances at 42 per cent, with small appliances, IT and others accounting for the remaining 13 per cent.

Store Maturation

For the full year FY26, revenue from operations grew 7 per cent to ₹7,183 crores. Annual PAT stood at ₹107 crores, with EBITDA at ₹438 crores and margins of 6.1 per cent. Cash flow from operations on a pre-IND-AS basis was ₹299 crores.

CEO Karan Bajaj attributed the quarterly performance to store maturation following an expansion phase in which the company added 63 new stores over two years. He said the company expects operating leverage to accelerate through FY27 as newer stores stabilise.

EMIL operates over 200 stores across more than 80 cities, primarily in Telangana, Andhra Pradesh, and the National Capital Region (NCR). The company is listed on the National Stock Exchange of India.

Published on May 22, 2026

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