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