Electronics Mart India Q3FY26 Investor Presentation Shows Revenue Growth Despite Margin Pressures
Electronics Mart India released its Q3FY26 investor presentation showing revenue growth to ₹1,940 crores and improved EBITDA margins, though profitability was impacted by exceptional charges related to new Labour Code compliance. The company continues its expansion strategy with 219 stores across 90+ cities.

*this image is generated using AI for illustrative purposes only.
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:
| Metric: | Q3FY26 | Q3FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations: | ₹1,940 crores | ₹1,805 crores | +7% |
| Gross Profit: | ₹278 crores | ₹258 crores | +8% |
| EBITDA: | ₹119 crores | ₹102 crores | +17% |
| EBITDA Margin: | 6.1% | 5.6% | - |
| PAT: | ₹30 crores | ₹34 crores | -12% |
| PAT Margin: | 1.5% | 1.9% | - |
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:
| Parameter: | 9M FY26 | 9M FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations: | ₹5,270 crores | ₹5,067 crores | +4% |
| Gross Profit: | ₹755 crores | ₹752 crores | +0.4% |
| EBITDA: | ₹311 crores | ₹344 crores | -10% |
| PAT: | ₹67 crores | ₹134 crores | -50% |
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.
Historical Stock Returns for Electronics Mart
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.04% | +8.21% | +6.96% | -16.12% | -22.89% | +21.09% |


































