Electronics Mart Q4 PAT rises 49%; NCR turns profitable
Electronics Mart India Limited announced its audited financial results for Q4 and FY26, reporting a 15% increase in quarterly revenue to ₹1,913 crores and a 49% rise in net profit to ₹40 crores. The NCR region achieved EBITDA positivity on a full-year basis, with mature stores delivering a 7.3% margin compared to 3.1% for newer stores. For FY27, the company plans to add 12 to 15 stores organically and enter the Eastern market with 5 to 7 stores in Kolkata.

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Electronics Mart India Limited announced its audited financial results for the fourth quarter and financial year ended March 31, 2026. The company delivered strong quarterly performance with revenue growth of 15% year-on-year, while full-year net profit declined due to exceptional items. The Board of Directors approved the standalone and consolidated results during a meeting held on May 22, 2026. Management highlighted that the NCR region has turned EBITDA positive on a full-year basis, with further margin improvement expected as store-level throughput increases.
Q4 Performance Highlights
Electronics Mart posted a solid quarterly showing, with Q4 revenue rising to ₹1,913 crores compared to ₹1,664.2 crores in the same period last year. Net profit for the quarter came in at ₹40 crores, up 49% year-on-year, reflecting improved operational efficiency. EBITDA for Q4 stood at ₹129 crores versus ₹107.5 crores in the prior year period, while EBITDA margin expanded to 6.7% from 6.5% year-on-year. Same Store Sales Growth (SSSG) for the quarter was 12.2%.
The following table summarizes the key Q4 metrics:
| Metric: | Q4 FY26 | Q4 FY25 |
|---|---|---|
| Revenue: | ₹1,913 crores | ₹1,664.2 crores |
| Net Profit: | ₹40 crores | ₹26.7 crores |
| EBITDA: | ₹129 crores | ₹107.5 crores |
| EBITDA Margin: | 6.7% | 6.5% |
Full-Year Financial Performance
For the full financial year, revenue from operations increased to ₹7,183 crores from ₹6,731.31 crores in FY25, reflecting steady top-line growth of 7%. Total income for the year stood at ₹7,191.43 crores, while total expenses amounted to ₹7,054.82 crores. Profit before tax for the year was reported at ₹143.45 crores, compared to ₹216.08 crores in the prior year. The company's basic earnings per share stood at ₹2.79, down from ₹4.17 in FY25.
The following table summarizes the standalone financial performance for the full year:
| Parameter: | FY26 (₹ in crores) | FY25 (₹ in crores) |
|---|---|---|
| Revenue from Operations: | 7,183 | 6,731.31 |
| Total Income: | 7,191.43 | 6,740.41 |
| Total Expenses: | 7,054.82 | 6,524.34 |
| Profit Before Tax: | 143.45 | 216.08 |
| Net Profit: | 107.18 | 160.52 |
| Earnings Per Share (Basic): | 2.79 | 4.17 |
Operational Highlights and Strategic Outlook
The company reported exceptional items amounting to ₹6.84 crores for the year, including a reversal of the impact of labour codes amounting to ₹4.09 crores and a gain on the disposal of IQ retail stores. Additionally, the company recognized a loss of stock due to a fire accident. For FY26, Cash Flow from Operations (Pre IND-AS) stood at ₹299 crores.
Management stated that the South cluster maintained a healthy EBITDA margin of 6.5%, while the NCR region is now EBITDA positive. The company operates 223 stores, with mature stores (over 4 years old) delivering an EBITDA margin of approximately 7.3% compared to 3.1% for newer stores. Looking ahead to FY27, the company plans to add 12 to 15 stores organically in existing clusters and enter the Eastern market by opening 5 to 7 stores in Kolkata by the end of Q2 or beginning of Q3.
The statutory auditors, Walker Chandiok & Co. LLP, issued an unmodified opinion on the audited financial results. The trading window for dealing in the company's securities remains closed for Designated Persons and Insiders and will reopen 48 hours after the declaration of the results.
Historical Stock Returns for Electronics Mart
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.88% | -3.86% | -9.84% | -4.96% | -21.13% | +24.85% |
How will the entry into the Eastern market with 5-7 stores in Kolkata impact the overall EBITDA margins given the initial lower profitability of newer stores?
What specific strategies does Electronics Mart plan to implement to accelerate the EBITDA margin improvement for newer stores to match the 7.3% margin of mature stores?
Will the company continue to rely on organic expansion in existing clusters, or are there plans for inorganic growth to boost market presence?


































