05-Nov-2026 13:53:54
ELECTRONICS MART INDIA Q2 FY27: REVENUE UP 19% YOY, PAT SURGES 149%, EBITDA JUMPS 61%; NORTH CLUSTER GROWS 45%, SSSG AT 16.5% & WEST BENGAL EXPANSION ON TRACK
• Same Store Sales Growth: Strong SSSG of 16.5% in Q2 FY27 and 27.5% in H1 FY27. • North Cluster: Revenue grew 45% YoY, with EBITDA margin improving 430 bps to 1.6%. • South Cluster: Revenue increased 16% YoY, with EBITDA margin expanding 220 bps to 7.4%. • Category Growth: Mobiles grew 31% YoY, while air conditioners surged 53% despite the off-season. • Premiumisation: Average ticket size increased 19%, supported by strong demand for premium appliances, tablets and wearables. • Store Network: Operates 229 stores across 100+ cities, with six net additions during H1 FY27. • West Bengal Expansion: Management confirms plans to enter West Bengal as its next growth market. • H1 FY27 Performance: Revenue grew 30% to ₹4,319 Cr; EBITDA rose 93% to ₹369 Cr and PAT surged 326% to ₹161 Cr. • Cash Flow: Pre-Ind AS operating cash flow reached ₹304 Cr, with working capital cycle improving to 61 days from 77 days. • Management Outlook: Positive on festive demand, new market expansion and continued margin improvement as stores mature, supported by premiumisation and operating leverage.
ELECTRONICS MART IND LTD