Electronics Mart Reports Highest Quarterly Profit as Revenue Grows 39% and PAT Soars 458% in Q1 FY27

Electronics Mart Reports Highest Quarterly Profit as Revenue Grows 39% and PAT Soars 458% in Q1 FY27​

Electronics Mart India Limited, a major electronics retailer in India, has announced its unaudited financial results for the first quarter of fiscal year 2027 (Q1 FY27) ended June 30, 2026. The company reported substantial growth across key metrics, including revenue and profitability.

The results highlight significant expansion and margin improvement across the organization's extensive network. Revenue from Operations reached Rs. 2,419 crores, marking a 39% increase year-on-year (Y-o-Y). Gross Profit stood at Rs. 417 crores, reflecting a 65% Y-o-Y growth and achieving a Gross Profit Margin of 17.2%.

Profitability metrics saw even more dramatic increases: EBITDA reached Rs. 239 crores, up 118% Y-o-Y, with an EBITDA Margin of 9.9%. The company's Profit After Tax (PAT) registered at Rs. 121 crores, a substantial increase of 458% over the previous year.

Key Performance Indicators for Q1 FY27​

The performance across different operational segments and consumer engagement metrics was strong:

Operational and Market Insights​

The company achieved a Same Store Sales Growth (SSSG) of 34.2%. The product mix across the retail network is detailed as follows: Large Appliances accounted for 48%, Mobiles constituted 39%, and Small Appliances, IT & Others made up 13% of sales.

In terms of geographic performance, the South Cluster demonstrated strong momentum, with revenue growing 40% Y-o-Y and maintaining an EBITDA Margin of 10.9%. The North Cluster also showed positive progression, achieving 29% revenue growth with its EBITDA Margin improving to a record 4.9%, following store maturity in the region.

The retail network expanded with a net addition of 4 stores during the quarter, bringing the total store count to 227 across more than 100 cities.

Management Commentary​

Mr. Karan Bajaj, CEO of EMIL, commented on the performance, stating that Q1 FY27 was their strongest quarter to date. He attributed the results—including the 39% revenue growth and the margin expansion to 17.2% for Gross Profit—to improved product mix and operating leverage as throughput increased in newer stores.

Mr. Bajaj further noted that SSSG of 34.2% reflected the pace of store maturation and demand strength in core markets. Regarding cluster performance, he stated that the South cluster remained a profitable engine at a 10.9% EBITDA margin, while the North cluster was beginning to follow a similar trajectory, with margins improving to 4.9%.

Looking forward, the company is preparing for entry into West Bengal as part of its cluster-based expansion strategy. For the remainder of FY27, EMIL’s priorities include working capital efficiency, disciplined expansion, and maintaining the customer experience that has underpinned the company’s growth over four decades.

EMIL Stock Price Movement​

Trading down as of 2:04 PM, Electronics Mart India Limited sheds 1.52%, with the stock finding a level at ₹147.5. The equity has moved robustly today, having traded over 20.89 million shares and remaining significantly above its intra-day low of ₹144.55.