06-11-2026 08:54:04 PM
Mumbai :
Electronics Mart India Limited (EMIL), one of India’s largest electronics retailers, has reported a strong financial performance for the quarter and half year ended September 30, 2026, driven by healthy consumer demand, improving profitability and disciplined operational execution. For H1 FY27, revenue from operations grew 30% year-on-year to ₹4,319 crore, while EBITDA nearly doubled, rising 93% to ₹369 crore. Profit After Tax (PAT) surged 326% to ₹161 crore, reflecting sustained margin expansion and improved operating leverage.
The company sustained its growth momentum in Q2 FY27, reporting revenue from operations of ₹1,900 crore, an increase of 19% year-on-year. Gross profit grew 31% to ₹293 crore, with gross profit margin improving 130 bps to 15.4%. EBITDA increased 61% to ₹131 crore, with margins expanding 180 bps to 6.9%, while PAT rose 149% to ₹40 crore. Despite the seasonally softer quarter for consumer durables, EMIL delivered a healthy same-store sales growth (SSSG) of 16.5%, indicating continued traction across its retail network.
Profitability remained a key highlight during the first half, with gross profit increasing 49% to ₹710 crore and gross profit margin expanding 210 bps to 16.4%. EBITDA margin improved by a significant 280 bps to 8.6%, while PAT margin expanded 260 bps to 3.7%. Growth was broad-based across the company's geographical clusters. The South Cluster reported 28% revenue growth in H1, with EBITDA margin expanding 320 bps to 9.3%.
The North Cluster recorded 36% revenue growth, while EBITDA margin improved 240 bps to 3.4%, reflecting improving store maturity, scale and operating efficiencies. In Q2, the North Cluster delivered particularly strong momentum, with revenue growing 45% and EBITDA margin improving 430 bps year-on-year to 1.6%.Commenting on the Company's Performance, Mr. Karan Bajaj, CEO of EMIL, said “H1 FY27 has been a robust half for EMIL, with every key metric moving in the right direction. Revenue grew 30% to Rs. 4,319 crores, gross profit rose 49% with margins expanding 210 bps to 16.4%, EBITDA nearly doubled to Rs. 369 crores at an 8.6% margin, and PAT rose over 4x to Rs. 161 crores.