Electronics Mart India Limited announced robust financial results for the first quarter of FY27, reporting a 39% year-on-year increase in revenue to INR 2,419 crore. Profit After Tax (PAT) surged by 458% to INR 121 crore, marking the highest quarterly profit for the company. The strong performance was driven by exceptional growth in the cooling segment and a significant same-store sales growth of 34.2%.
Strong Q1 FY27 Performance Highlights
Electronics Mart India Limited has declared a stellar performance for the first quarter ended June 30, 2026 (Q1 FY27), showcasing significant growth across key financial metrics. The company’s revenue from operations reached INR 2,419 crore, marking a substantial 39% increase compared to INR 1,739 crore in the corresponding quarter of the previous year (Q1 FY26). This growth underscores the company’s expanding market presence and effective sales strategies.
Record Profitability Achieved
The company achieved its highest-ever quarterly profit with Profit After Tax (PAT) soaring to INR 121 crore, representing an impressive 458% growth year-on-year from INR 22 crore in Q1 FY26. This remarkable surge in profitability was supported by a strong increase in gross profit, which grew by 65% to INR 417 crore, and EBITDA which climbed by 118% to INR 239 crore, resulting in an expanded EBITDA margin of 9.9% from 6.3% in the prior year.
Same-Store Sales Growth and Segment Performance
A standout performance indicator was the same-store sales growth (SSG), which recorded an exceptional 34.2%, reflecting healthy consumer demand and efficient operational execution across the network. The South cluster led the revenue growth with a 40% increase and a healthy EBITDA margin of 10.9%, while the North cluster showed a positive turnaround with 29% revenue growth and an improved EBITDA margin of 4.9%. The cooling product category, including air conditioners, experienced its best quarter in both volume and value, driven by strong seasonal demand and effective inventory management.
Working Capital and Expansion Plans
The company demonstrated strong working capital management, reducing working capital days to 42 days from 73 days in the previous quarter. Working capital borrowings were significantly reduced to INR 97 crore from INR 658 crore. Looking ahead, Electronics Mart India plans disciplined expansion, focusing on deepening its presence in existing clusters and entering new markets like West Bengal. The company plans to open approximately 25-30 stores with an estimated capex of around INR 100 crore, alongside an additional INR 50 crore for property acquisition in Kolkata.
Source: BSE
