Electronics Mart India Ltd
Incorporated in 1980, Electronics Mart India Limited is the 4th largest consumer durable and electronics retailer in India. The company offers a diversified range of products with a focus on large appliances (air conditioners, televisions, washing machines, and refrigerators), mobiles and small appliances, IT, and others. The company's offering includes more than 6,000 SKUs (stock keeping units) across product categories from more than 70 consumer durable and electronic brands.[1]
- Market Cap ₹ 5,960 Cr.
- Current Price ₹ 155
- High / Low ₹ 262 / 142
- Stock P/E 32.5
- Book Value ₹ 38.2
- Dividend Yield 0.00 %
- ROCE 12.7 %
- ROE 14.4 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 4.06 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Retail Industry: Trading
Part of Nifty Total Market BSE SmallCap BSE Consumer Discretionary BSE Allcap Nifty Microcap 250
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|
3,172 | 3,202 | 4,349 | 5,446 | 6,285 | 6,660 | |
2,945 | 2,998 | 4,057 | 5,110 | 5,836 | 6,199 | |
Operating Profit | 228 | 204 | 292 | 336 | 449 | 461 |
OPM % | 7% | 6% | 7% | 6% | 7% | 7% |
-1 | 5 | 4 | 11 | 10 | 10 | |
Interest | 63 | 72 | 85 | 99 | 108 | 108 |
Depreciation | 51 | 58 | 71 | 85 | 106 | 117 |
Profit before tax | 112 | 80 | 140 | 163 | 246 | 245 |
Tax % | 27% | 26% | 26% | 25% | 25% | |
82 | 59 | 104 | 123 | 184 | 183 | |
EPS in Rs | 2.72 | 1.95 | 3.46 | 3.19 | 4.78 | 4.76 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 25% |
TTM: | 15% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 46% |
TTM: | 18% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -27% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 15% |
Last Year: | 14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 300 | 300 | 300 | 385 | 385 | 385 |
Reserves | 133 | 192 | 297 | 800 | 985 | 1,084 |
872 | 968 | 1,149 | 1,432 | 1,570 | 1,490 | |
43 | 64 | 87 | 78 | 120 | 110 | |
Total Liabilities | 1,348 | 1,524 | 1,832 | 2,694 | 3,059 | 3,069 |
223 | 674 | 785 | 1,142 | 1,356 | 1,494 | |
CWIP | 351 | 2 | 24 | 14 | 45 | 58 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 |
774 | 848 | 1,023 | 1,538 | 1,658 | 1,517 | |
Total Assets | 1,348 | 1,524 | 1,832 | 2,694 | 3,059 | 3,069 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
36 | 64 | 116 | -1 | 160 | |
-70 | -60 | -68 | -301 | -117 | |
71 | -56 | -49 | 470 | -161 | |
Net Cash Flow | 36 | -52 | -1 | 169 | -118 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Debtor Days | 10 | 11 | 10 | 9 | 11 |
Inventory Days | 54 | 63 | 60 | 60 | 66 |
Days Payable | 1 | 1 | 3 | 2 | 3 |
Cash Conversion Cycle | 63 | 73 | 66 | 67 | 73 |
Working Capital Days | 65 | 81 | 70 | 76 | 78 |
ROCE % | 11% | 14% | 12% | 13% |
Documents
Announcements
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Commencement Of Commercial Operations
13 Jan - Electronics Mart India opens new Bajaj Electronics store.
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Commencement Of Commercial Operations
10 Jan - Electronics Mart India commenced operations of new store in Delhi.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Jan - Certificate under Regulation 74(5) for Q3 2024.
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Commencement Of Commercial Operations
6 Jan - Electronics Mart India launched a new Bajaj Electronics store.
- Closure of Trading Window 31 Dec
Concalls
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Nov 2024Transcript PPT REC
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Aug 2024Transcript PPT
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Aug 2024TranscriptNotesPPT
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Nov 2023TranscriptNotesPPT
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Aug 2023Transcript PPT
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Jun 2023Transcript PPT
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Feb 2023Transcript PPT
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Feb 2023TranscriptNotesPPT
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Nov 2022Transcript PPT
Market Position
The company is the largest consumer durables and electronics retailer in the Southern region, particularly dominant in Telangana and Andhra Pradesh, and ranks as the 4th largest retailer in India by revenue. [1]