Electronics mart India Limited has commenced commercial operations of a new Multi-Brand Store in Delhi, marking another milestone in the company's retail expansion strategy. The store began operations on March 23, 2026, under the established brand name 'ELECTRONICS MART'.

Store Details and Location

The new retail outlet is strategically located in Delhi's Rohini area, positioned to serve customers in the northern part of the national capital region. The store specifications demonstrate the company's commitment to providing comprehensive retail space for its multi-brand offerings.

Regulatory Compliance

The company announced this development through a formal communication to stock exchanges, fulfilling its obligations under Regulation 30(4) of the SEBI (LODR) Regulations, 2015. The announcement was signed by Rajiv Kumar, Company Secretary and Compliance Officer, ensuring proper regulatory compliance and transparency with stakeholders.

Business Expansion Strategy

This new store addition reflects Electronics Mart India Limited's ongoing expansion in key metropolitan markets. The 3,200 square feet retail space is designed to accommodate the company's multi-brand electronics retail format, providing customers with a comprehensive shopping experience for consumer electronics and related products.

The Delhi location represents a strategic move to strengthen the company's presence in the northern Indian market, complementing its existing operations across various regions. The store will operate under the established ELECTRONICS MART brand, maintaining consistency with the company's retail identity and customer recognition.

Electronics Mart India Limited released its comprehensive investor presentation for Q3FY26, providing detailed insights into the company's financial performance and operational highlights for the quarter and nine months ended December 31, 2025. The presentation reveals strong revenue growth alongside margin pressures from exceptional items related to regulatory compliance.

Q3FY26 Financial Performance

The company's Q3FY26 results demonstrate solid revenue performance with some profitability challenges:

Operational Highlights and Market Performance

The company achieved a same store sales growth of 2.5% during the quarter with 4 net store openings, bringing the total store count to 219. The average ticket size stood at ₹23,616 with 789,000 bill cuts during the quarter. The company maintained its gross margin at 14.3%, consistent with the previous year.

Nine Months FY26 Performance

For the nine months period, Electronics Mart India reported comprehensive financial metrics:

Exceptional Items and Regulatory Impact

The company recorded exceptional charges of ₹4.3 crores in Q3FY26, primarily arising from the adoption of new Labour Codes implemented by the Government of India. These charges mainly relate to higher gratuity provisioning as the government merged various existing labour laws into a unified framework. For the nine months period, exceptional items totaled ₹2.8 crores.

Store Expansion and Geographic Presence

Electronics Mart India operates 219 stores across 90+ cities with over 3,000 employees. The company maintains 185 leased stores, 20 owned stores, and 14 POPL stores. The presentation highlights the company's cluster-based expansion strategy with strong presence in Andhra Pradesh and Telangana, while building operations in the NCR market that began in 2022.

Financial Position and Cash Flow

The company maintains a strong balance sheet with cash and cash equivalents of ₹21 crores. Return on Capital Employed stands at 11.0% on an annualized basis, while Return on Equity is 5.8%. The working capital cycle shows inventory days at 61, with the company focusing on inventory optimization and cash flow generation through improved working capital management.