Electronics Mart India Limited announced its unaudited financial results for the quarter and half-year ended September 30, 2026. For the first half of FY27 (H1 FY27), the company reported a 30% increase in revenue from operations to ₹4,319 crore. EBITDA grew by 93% to ₹369 crore, with margins expanding by 280 bps to 8.6%. Profit After Tax (PAT) saw a significant jump of 326% to ₹161 crore.
Electronics Mart India Delivers Strong H1 FY27 Performance
Electronics Mart India Limited (EMIL) has declared its unaudited financial results for the half-year and second quarter of the fiscal year 2027 (FY27), ending September 30, 2026. The company has demonstrated robust growth across key financial metrics, signalling a strong performance in the competitive electronics retail market.
H1 FY27 Financial Highlights
For the first half of FY27, EMIL recorded a significant 30% year-on-year growth in revenue from operations, reaching ₹4,319 crore. Gross Profit increased by 49% to ₹710 crore, with Gross Profit Margin expanding by 210 basis points to 16.4%. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) nearly doubled, growing by 93% to ₹369 crore, and the EBITDA margin improved by 280 basis points to 8.6%. Profit After Tax (PAT) witnessed an impressive surge of 326%, reaching ₹161 crore, with PAT margin increasing by 260 basis points to 3.7%.
Q2 FY27 Performance
In the second quarter of FY27, the company reported a 19% year-on-year revenue growth, amounting to ₹1,900 crore. Gross Profit grew by 31% to ₹293 crore, with the Gross Profit Margin rising by 130 basis points to 15.4%. EBITDA for the quarter increased by 61% to ₹131 crore, and the EBITDA margin expanded by 180 basis points to 6.9%. PAT for Q2 FY27 was ₹40 crore, a 149% increase year-on-year, with PAT margin up by 110 basis points to 2.1%.
Key Operational Metrics
The company’s strategic clusters also showed positive trends. The South Cluster revenue grew by 28% in H1 FY27, with an EBITDA margin improvement of 320 basis points to 9.3%. The North Cluster experienced a 36% revenue growth in H1 FY27, and its EBITDA margin rose to 3.4%. Same Store Sales Growth (SSSG) stood at 27.5% for H1 FY27 and 16.5% for Q2 FY27. The product mix for H1 FY27 comprised 45% Mobiles, 41% Large Appliances, and 14% Others, while for Q2 FY27, it was 53% Mobiles, 33% Large Appliances, and 14% Small Appliances, IT & Others.
Expansion and Cash Flow
Electronics Mart India operated 229 stores across over 100 cities, adding 6 net new stores in the first half of FY27. The company also reported a pre IND-AS operating cash flow of ₹304 crore, with working capital days improving to 61 days from 77 days in the previous period. Mr. Karan Bajaj, CEO of EMIL, commented on the performance, highlighting the robust half and the company’s focus on customer experience and growth.
Source: BSE
