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Electronics Mart India targets Kolkata expansion after 49% profit jump

The retailer posted a 15% revenue rise to ₹1,913 cr in Q4 as it prepares to enter the Eastern market by early Q3.

1 earlier story on Electronics Mart India Ltd.
Mkt cap₹4,463 cr
P/E41.66×
ROE10.45%
Debt / eq.0.64
49% Year-on-year growth in quarterly net profit.

What's new

  • Q4 revenue climbed 15% to ₹1,913 cr, with net profit reaching ₹40 cr.
  • Same-store sales grew 12.2% on demand for large appliances and cooling products.
  • Management plans to open 12-15 new stores this year, including a debut in Kolkata.

Why this matters

The company is successfully scaling its footprint while maintaining strong same-store sales growth. Its ability to hit margin targets in the competitive NCR cluster will be the primary test of this expansion strategy.

What we're watching

  • The timeline for the first Kolkata store opening in early Q3.
  • Whether NCR cluster EBITDA margins reach the guided 2.5-3% range.
  • Revenue contribution from southern clusters, targeted at ₹2,400-2,700 cr.

The full read

Electronics Mart India closed its March quarter with ₹1,913 crore in revenue, a 15% increase that helped push net profit up 49% to ₹40 crore. Same-store sales grew 12.2%, reflecting consistent demand across its core categories of mobile phones and large appliances. The company is now looking to scale beyond its current footprint. It plans to add 12-15 stores this year, with a specific focus on entering the Kolkata market by early Q3. Management is also setting aggressive targets for its NCR cluster, where it expects 25-30% revenue growth and EBITDA margins of 2.5-3%. With southern clusters projected to bring in ₹2,400-2,700 crore in the coming year, the focus shifts to whether the company can maintain these margins while funding its entry into the East.

Questions answered

What drove the 12.2% same-store sales growth?
Growth was fueled by strong consumer demand for large appliances, mobile phones, and cooling products during the March quarter.
What is the company's expansion strategy for the coming year?
Electronics Mart India plans to add 12-15 new stores. A key part of this is entering the Eastern market, with the first Kolkata store expected by early Q3 to catch the festive season.
What are the financial targets for the NCR cluster?
Management expects 25-30% revenue growth in the NCR cluster. They also target an improvement in EBITDA margins to 2.5-3%.
How much revenue is expected from southern clusters?
The company projects that existing southern clusters will contribute between ₹2,400 crore and ₹2,700 crore in the coming year.
Mentioned: Electronics Mart India · Kolkata · NCR cluster
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Story so far

All notes on EMIL →
  1. 27 May 2026 · 6:11 PM IST Electronics Mart India targets Kolkata expansion after 49% profit jump
  2. 5d ago Electronics Mart India cuts store targets while pivoting to Kolkata