Electronics Mart India Limited (EMIL), a prominent consumer durables and electronics retailer, has reported mixed results for its second quarter, with strong revenue growth but compressed margins.

Financial Performance Highlights

The company's Q2 results reveal:

Growth and Operational Metrics

• Same Store Sales Growth: 11.4%
• New Store Openings: 8 net new stores
• Total Stores: 215 across 95 cities
• Average Ticket Size: ₹22,757.00

Margin Pressure and Operational Challenges

Despite the robust 19% increase in revenue from operations, which rose to ₹1,591.00 crore, Electronics Mart India faced significant margin pressure. The EBITDA margin compressed to 5.1% from previous levels, indicating increased operational costs and competitive pressures in the consumer electronics retail sector.

The company attributed the margin pressure to two main factors:

1. GST-related slowdown in large appliances for 22 days
2. A shift in sales mix toward mobiles and IT devices

First Half Performance

For the first half of the fiscal year, Electronics Mart India reported:

• Revenue: ₹3,330.00 crore
• Same Store Sales: 4.8% decline

Strategic Moves and Exceptional Items

During the quarter, Electronics Mart India reported two significant exceptional items:

1. Insurance Claim Settlement: The company recovered losses from a fire incident through insurance.

2. Sale of Apple Stores: An exceptional gain of ₹8.00 crore was recorded from the sale of Apple stores.

Market Position and Future Outlook

Electronics Mart India maintains a strong market position with 215 stores across 95 cities and partnerships with major brands. The company's continued revenue growth and expansion of store network suggest a robust market presence in the consumer electronics retail sector.

However, the compression in EBITDA margin highlights the need for effective cost management and operational efficiency improvements. As Electronics Mart India navigates through these challenges, investors and market observers will be keenly watching how the company addresses its margin pressures and leverages its strong revenue growth to improve bottom-line performance in the coming quarters.

Electronics Mart India Limited (EMIL) has announced the expansion of its retail presence with the opening of a new multi-brand store under the 'BAJAJ ELECTRONICS' brand. The store, which commenced commercial operations on October 22, 2025, is located in Enikepadu, Vijayawada, Andhra Pradesh.

Store Details

The new store adds to Electronics Mart India's growing retail footprint in the electronics segment, reinforcing the company's commitment to expanding its presence in key markets.

Company Disclosure

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, Electronics Mart India Limited officially informed the National Stock Exchange of India Ltd. and BSE Limited about the commencement of commercial operations at this new location.

The disclosure was made through the company's regulatory filing, signed by Rajiv Kumar, the Company Secretary and Compliance Officer of Electronics Mart India Limited.

This strategic expansion in Vijayawada, a key city in Andhra Pradesh, suggests Electronics Mart India's focus on strengthening its market position and improving accessibility for customers in the region. The substantial size of the store, at 8,700 square feet, indicates the company's intention to offer a wide range of electronic products and brands to cater to diverse consumer needs.

As Electronics Mart India continues to grow its retail network, investors and market watchers may want to keep an eye on how this expansion strategy impacts the company's market share and financial performance in the coming quarters.