India, Aug 07: Electronics Mart India Limited (EMIL) delivered its strongest-ever quarterly performance in Q1 FY27, with revenue from operations growing 39% year-on-year to ₹2,419 crore. Gross Profit increased 65% to ₹417 crore, while EBITDA more than doubled, rising 118% to ₹239 crore with EBITDA margins of 9.9%. Profit After Tax surged 458% year-on-year to ₹121 crore, reflecting robust operational performance and sustained business momentum.
The company’s growth was supported by a Same Store Sales Growth (SSSG) of 34.2%, with the South Cluster reporting 40% revenue growth and the North Cluster recording 29% revenue growth while improving its EBITDA margin to 4.9% as stores continued to mature. During the quarter, EMIL added four new stores, taking its retail network to 227 stores across 100+ cities. Mobiles contributed 39% of revenue, followed by Large Appliances at 48% and Small Appliances, IT & Others at 13%.
Commenting on the Company’s Performance, Mr. Karan Bajaj, CEO of EMIL, said, “Q1 FY27 was our strongest quarter to date, with all key metrics moving in the right direction — revenue grew 39% to Rs. 2,419 crores, gross profit rose 65% to Rs. 417 crores with margins expanding to 17.2%, EBITDA increased 118% to Rs. 239 crores at a 9.9% margin, and PAT grew 458% to Rs. 121 crores. The margin expansion was broad-based, driven by an improved product mix and operating leverage playing out as throughput increased across our newer stores. SSSG of 34.2% reflects the pace at which our stores are maturing and the strength of demand in our core markets.
Our South cluster continues to operate as a scaled, profitable engine at a 10.9% EBITDA margin, and our North cluster is beginning to follow the same trajectory — revenue grew 29% with margins improving to a record 4.9%, as more stores in the region mature and gain scale.
Looking ahead, we are preparing to enter West Bengal, the next step in our cluster-based expansion strategy where we see meaningful headroom for organized retail. For the remainder of FY27, our priorities remain working capital efficiency, disciplined expansion, and the customer experience that has underpinned EMIL’s growth over the past four decades.”