EMILConsumer Services

Electronics Mart India Limited

Diversified Retail · ISIN INE02YR01019 · BSE 543626 · NSE EQ · FV ₹10
Last price
₹185
+2.29%today
What this company does

Electronics Mart India Limited operates in Diversified Retail, part of the Consumer Services sector. It booked ₹2,419 cr of revenue in its latest quarter (Q1 FY27) and kept 5.0% of sales as profit. It is the 3rd largest of 9 Diversified Retail companies we track, by market value.

Electronics Mart India Limited (hereafter referred to Guided by our commitment to make technology as ‘EMIL’ or ‘The Company’) has established itself as accessible to every Indian household, we offer a wide a prominent player in India’s consumer durables and range of quality products at competitive prices. Our electronics retail sector.
In the report:
60out of 100
Equitytale Health Score
Mixed

Healthier than 60% of companies in Consumer Services, on all six measures of filed financials. Each measure is ranked against the 16–46 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
58

At close. Not part of the score.

Profitability & returns73

How much profit it earns on the money it employs

Balance sheet36

How much it owes, and whether earnings cover the interest

Cash quality58

Whether reported profit actually arrives as cash

Growth & consistency23

Whether sales and profit have grown, and how steadily

Valuation82

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 39% vs last year
Profit up 458% vs last year
Promoters hold 65%
No promoter shares pledged
Strong 30% return on equity
Turns profit into real cash
Watch-outs
! Thin 5.0% net margin

What if I invest in EMIL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The slider starts at 10%, taken from this company's own revenue trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹185 +2.29%
latest close · 2026-09-17
52-wk low ₹12542 sessions so far52-wk high ₹197
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio14.7Low
LowAverageHigh
P/B ratio4.38High
Below bookModerateHigh
EV / EBITDA8.3Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity29.7%Strong
WeakFairStrong ▸15%
Return on capital27.7%Strong
WeakFairStrong
Net margin5.0%Thin
ThinDecentStrong
EBITDA margin10.0%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.55Moderate
LowModerateHigh ▸1
Interest cover5.4×Strong
RiskyOkayStrong ▸5×
Current ratio1.82Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹7,121 cr
Book value
₹42
EPS
₹3.14
latest quarter
Net debt
₹841 cr
owes more than its cash
Enterprise value
₹7,962 cr
EBITDA
₹964 cr
annualised
EBIT
₹797 cr
annualised
Operating margin
8.2%
Return on assets
12.7%
Earnings yield
6.79%
P/S
0.74
Sales / share
₹251.5
Tax rate
25.6%
Face value
₹10
Shares
38.5 cr
Working capital
₹758 cr
Current assets
₹1,679 cr
Current liabilities
₹922 cr
Delivery %
44.4%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹18₹26, midpoint ₹22

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹2,419 cr
Other Income₹2 cr
Total Income₹2,421 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹1,721 cr
Inventory Change (±)₹281 cr
Employee Benefit Expense₹44 cr
Finance Costs₹37 cr
Depreciation & Amortisation₹42 cr
Other Expenses₹134 cr
Total Expenses₹2,259 cr
Profit before Tax₹162 cr
Tax Expense₹41 cr
Net Profit₹121 cr
Net margin on total income5.0%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹2,002 cr82.7%
Employee benefit expense₹44 cr1.8%
Finance costs₹37 cr1.5%
Depreciation & amortisation₹42 cr1.7%
Other expenses₹134 cr5.5%
Tax expense₹41 cr1.7%
Profit for the period₹121 cr5.0%
Total income ₹2,421 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue1,940 cr1,913 cr2,419 cr
Total income1,943 cr1,915 cr2,421 cr
Expenses1,900 cr1,865 cr2,259 cr
Profit before tax39 cr53 cr162 cr
Tax10 cr14 cr41 cr
Net profit (owners' share)30 cr40 cr121 cr
Net margin (owners' share, on revenue)1.5%2.1%5.0%
EPS (₹)0.771.033.14
YoY (latest quarter): total income +39.1% · net profit +458.1%
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹3,797 cr
Shareholder equity
₹1,626 cr
parent shareholders
Total debt
₹891 cr
Cash
₹50 cr
Cash flow · H1 FY26
Operating
₹272 cr
Investing
₹-84 cr
Financing
₹-193 cr
Peer comparison
Diversified Retail · by market value
CompanyPriceMarket capP/E
Avenue Supermarts Limited₹3,711₹2.42 L cr70.3
Vishal Mega Mart Limited₹101₹47,344 cr46.0
Electronics Mart India Limitedthis company₹185₹7,121 cr14.7
V-Mart Retail Limited₹790₹6,285 cr33.3
Shoppers Stop Limited₹413₹4,551 cr
Patel Retail Limited₹203₹677 cr17.8
Spencer's Retail Limited₹28₹254 cr
Future Enterprises Limited₹2₹97 cr
Future Lifestyle Fashions Limited₹1₹22 cr
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
No pledge
Promoter
65.2%
FII / Foreign
4.8%
DII / Domestic
20.9%
Retail / others
9.2%
Promoter stake down 7.8% over the last 12 quarters.
Smart-money activity
Insider trades
SoldPavan Kumar Bajaj · Promoters96.19 L · ₹137.6 cr21 Sep 23
SoldKaran Bajaj · Promoters96.19 L · ₹138.3 cr21 Sep 23
Bulk / block deals
short · NSE16710 Sep 26
short · NSE5143 Sep 26
short · NSE1,10214 Aug 26
Stake changes
SoldNippon India Mutual Fund→ 2.95% · 5.54 L28 Jul 26
BoughtSBI Mutual fund under its Various Schemes→ 7.43% · 20.00 L12 Jun 26
BoughtSBI Mutual Fund under its various Schemes→ 5.40% · 57.45 L29 Aug 24
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 25 Sep 2025
See the official result
1
Adoption of Audited Financial Statements a. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended on 31st March 2025, together with the Reports of the Board of Directors and Auditors thereon. b. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended on 31st March 2025, together with the Report of the Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
9.12 cr votes for, 9,365 against · 0% of mutual funds and other big investors said no
2
Appointment of a Director in place of Mrs. Astha Bajaj (DIN: 07899784), who retires by rotation and, being eligible, offers herself for appointment.
Backed by 78% of shareholders other than promotersneeded 50%
7.11 cr votes for, 2.01 cr against · 30% of mutual funds and other big investors said no
3
Appointment of M/s VSSK & Associates as the Secretarial Auditors of the Company for the first term of five years from the financial year 2025-26 till the financial year 2029-30
Backed by 100% of shareholders other than promotersneeded 50%
9.12 cr votes for, 10,070 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 6 named members
owning 65.2% between them · as of 2026-06-30
Karan Bajaj32.54%
Pavan Kumar Bajaj32.12%
Isha Kalra0.50%
Astha Bajajno shares
Bhardwaj Devinano shares
Renu Bajajno shares
Business done with them
FY2025 · 4 of the group
The company paid ₹6 cr to companies in the promoter group last year — about 0.1% of its ₹6,965 cr revenue.
PAVAN KUMAR BAJAJ
Provision Of Guarantees Or Collateral To Entity
also owns 32.12% of the company
₹919 cr
company received
KARAN BAJAJ
Provision Of Guarantees Or Collateral To Entity
also owns 32.54% of the company
₹919 cr
company received
RENU BAJAJ
Provision Of Guarantees Or Collateral To Entity
₹427 cr
company received
KARAN BAJAJ
Other payments to them
also owns 32.54% of the company
₹2 cr
company paid
PAVAN KUMAR BAJAJ
Other payments to them
also owns 32.12% of the company
₹2 cr
company paid
ASTHA BAJAJ
Other payments to them
₹2 cr
company paid
PAVAN KUMAR BAJAJ
Leases As Lessor
also owns 32.12% of the company
₹1 cr
company received
KARAN BAJAJ
Leases As Lessor
also owns 32.54% of the company
₹11.3 L
company received
RENU BAJAJ
Leases As Lessor
₹10.3 L
company received

The company also transacted with 8 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.