Electronics Mart India submits FY26 BRSR report with zero safety incidents

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Reviewed by
Naman SScanX News Team
Key Highlights
  • Turnover reached ₹71,832.6 crore in FY26, with retail contributing 99.25%
  • Total workforce grew to 5,536 employees, with women making up 15.84%
  • Zero safety incidents recorded; LTIFR remained at 0 for the year
  • Scope 1 GHG emissions fell to 779.42 MTCO2e, while Scope 2 rose to 27,305.52 MTCO2e
  • Customer complaints increased to 880 but were fully resolved within the year
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Electronics Mart Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026. The submission, made pursuant to SEBI Listing Regulations, covers the company’s environmental, social, and governance performance across its standalone operations.

The report details the company’s operational footprint, which includes 237 stores and 14 warehouses nationwide. Electronics Mart India reported total turnover of ₹71,832.6 crore for FY26. The business remains heavily concentrated in the retail sector, which contributed 99.25% of the total turnover, while wholesale and e-commerce channels accounted for 0.68% and 0.07% respectively.

Workforce and Safety Metrics

The company employed a total of 5,536 individuals at the end of FY26, comprising 3,344 permanent employees and 2,192 non-permanent staff. The workforce is predominantly male, with women constituting 15.84% of the total employee base. Notably, female representation in permanent roles stood at 6.73%, while it was higher among non-permanent staff at 29.74%.

Safety records for the year were clean, with zero lost-time injuries, fatalities, or high-consequence work-related injuries reported. The company maintained a Lost Time Injury Frequency Rate (LTIFR) of 0 per million person-hours worked. All permanent employees underwent health and safety training, achieving 100% coverage under these programs.

Environmental Performance

Energy consumption increased during the period, driven by operational expansion. Total energy consumed rose to 1,49,945.45 Giga Joules in FY26 from 1,35,464.24 GJ in the previous year. Non-renewable sources dominated the mix, accounting for 1,49,064.53 GJ, while renewable energy consumption reached 880.92 GJ.

Greenhouse gas emissions showed a divergent trend between scopes. Scope 1 emissions fell significantly to 779.42 metric tonnes of CO2 equivalent from 1,496.22 MTCO2e in FY25. In contrast, Scope 2 emissions rose to 27,305.52 MTCO2e from 25,061.94 MTCO2e. The company attributed Scope 1 reductions to initiatives such as solar power plant installations at seven locations and the adoption of energy-efficient LED lighting.

Water withdrawal decreased to 75,278.31 kilolitres from 81,878.63 KL in FY25, primarily sourced from third-party suppliers. Total water consumption dropped to 15,055.66 KL from 16,375.73 KL, reflecting improved efficiency metrics despite higher overall energy usage.

Governance and Compliance

Electronics Mart India reported receiving 880 customer complaints during FY26, an increase from 667 in the prior year. All complaints were resolved within the year, leaving no pending cases. The issues primarily related to product functionality, stock availability, and after-sales service. No complaints were received regarding data privacy, advertising, or cybersecurity breaches.

The company confirmed that all policies covering the nine NGRBC principles have been approved by the Board and extended to value chain partners. An independent limited assurance on core BRSR indicators was provided by Vinay and Keshava LLP, confirming compliance with SEBI reporting criteria.

What the Numbers Show

The divergence between declining Scope 1 emissions and rising Scope 2 emissions indicates that while direct operational efficiencies (such as reduced diesel usage via solar adoption) are yielding results, indirect emissions from purchased electricity remain a growing component of the carbon footprint. This suggests that future decarbonization efforts may need to focus on grid-mix improvements or further expansion of on-site renewable generation to offset rising electrical demand.

Historical Stock Returns for Electronics Mart

1 Day5 Days1 Month6 Months1 Year5 Years
+0.70%+4.08%+3.16%+109.34%+17.88%+127.94%

Given the heavy reliance on non-renewable energy and rising Scope 2 emissions, what specific timeline or targets has Electronics Mart set for transitioning its electricity procurement to renewable sources?

With e-commerce contributing only 0.07% of turnover, what strategic initiatives is the company planning to accelerate its digital transformation and capture the growing online electronics market?

How does the company intend to address the significant gender disparity in permanent roles, where female representation stands at just 6.73%, in its upcoming diversity and inclusion roadmap?

Electronics Mart expands in eastern India with premium lifestyle formats

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Reviewed by
Jubin VScanX News Team
Key Highlights
  • Electronics Mart is expanding its retail presence in eastern India
  • The company is enhancing its premium lifestyle formats as part of its growth strategy
  • Electronics Mart is leveraging its profitable NCR network to support expansion efforts
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*this image is generated using AI for illustrative purposes only.

Electronics Mart is expanding its presence in eastern India while enhancing premium lifestyle formats and leveraging its profitable NCR network.

Strategic expansion into eastern India

Electronics Mart's eastward push marks a significant step in broadening its geographic footprint beyond its established markets. The company is simultaneously focusing on upgrading its premium lifestyle formats, signalling a dual strategy of regional growth and product mix enhancement.

NCR network as a growth lever

The company's NCR network has been identified as a profitable base that supports its broader expansion ambitions. By utilising the operational and financial strength of its NCR presence, Electronics Mart aims to extend its retail model into new territories in eastern India.

Historical Stock Returns for Electronics Mart

1 Day5 Days1 Month6 Months1 Year5 Years
+0.70%+4.08%+3.16%+109.34%+17.88%+127.94%
Disclaimer: This article is AI-generated using data from LiveSquawk. ScanX is not liable for any inaccuracies.

What specific operational challenges does Electronics Mart anticipate when adapting its NCR-proven retail model to the distinct consumer behaviors in eastern India?

How might the expansion into eastern India impact the company's overall profit margins given the potentially higher initial setup costs versus the established profitability of its NCR network?

Which key competitors in the eastern Indian electronics retail sector is Electronics Mart targeting with its new premium lifestyle formats?

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1 Year Returns:+17.88%