Electronics Mart India Limited · NSE:EMIL
Electronics Mart India — Q4 FY26 Earnings Presentation
37 slides from Electronics Mart India's earnings presentation, May 22, 2026
Slide 1: Cover letter to stock exchanges: investor presentation intimation
BAJAJS ELECTRONICS To, Listing Manager, The Secretary, The National Stock Exchange of India Ltd., BSE Limited, (Through NEAPS) (Through BSE Listing Centre) Symbol: EMIL Scrip Code: 543626 Series: EQ ISIN: INE02YR01019 Sub: Investor’s Presentation to be held on 22nd May 2026. Dear Sir/Madam, In pursu
Slide 2: Fueled by Experience, Growing with Trust
Fueled by Experience, Growing with Trust Investor Investor Presentation Presentation May 2026
Slide 3: Safe Harbor
SAFE HARBOR This presentation and the accompanying slides (the “Presentation”), which have been prepared by Electronics Mart India Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for an
Slide 4: Q4 & FY26 Business & Financial Performance
Electronics Mart India Limited Q4 & FY26 BUSINESS & FINANCIAL PERFORMANCE
Slide 5: Smart Home Expo – Global Brands Tie-Ups
Smart Home Expo – Powered by EMIL – Global Brands Tie-Ups INDIA'S LARGEST SMART HOME EVENT What This Means Global Brand Tie-Ups for EMIL Display & Audio Audio & Lifestyle Display & Audio ✓ Deepened partnerships with several niche and leading Hisense Lithe Audio Buster + Punch international brands sp
Slide 6: Q4 FY26 Financial Snapshot
Q4 FY26 FINANCIAL SNAPSHOT Financial Highlights Operational Highlights Sales Mix and Store Ownership Rs. 1,913 Crores 15% 12.1% Product Mix (Q4 FY26) Revenue from Operations Same Store Sales Growth 13% ► ► Rs. 282 Crores Gross Profit 15% 4 Net Store Openings 1t 42% 45% • Mobiles • Large Appliances •
Slide 7: FY26 Financial Snapshot
FY26 FINANCIAL SNAPSHOT Financial Highlights Operational Highlights Sales Mix and Store Ownership Rs. 7,183 Crores 7% 5.3% Product Mix (FY26) Revenue from Operations Same Store Sales Growth 13% ► ► Rs. 1,037 Crores Gross Profit 4% 23 Net Store Openings 1t 43% 44% • Mobiles • Large Appliances • Small
Slide 8: Cluster-Wise Financial Performance
CLUSTER-WISE FINANCIAL PERFORMANCE NORTH CLUSTER (Rs. Crs.) NCR NORTH CLUSTER - - - - - l C ) f+31% MARGIN* MBO : 34 ----------,t EBO : 1 162 166 151 (FY26) Cities : 5 115 116 ✓ Began North cluster operations in 0.3% 2022 and are scaling aggressively, following the same strategy that drove success i
Slide 9: Cluster Wise Revenue – Q4 & FY26
CLUSTER WISE REVENUE – Q4 & FY26 Telangana – HYD City Telangana – UP Country Andhra Pradesh Delhi NCR +12% +20% +26% +31% Q4 FY26 1,058 278 330 148 942 233 262 113 Revenue (Rs. Crs.) Q4 FY25 Q4 FY26 Q4 FY25 Q4 FY26 Q4 FY25 Q4 FY26 Q4 FY25 Q4 FY26 SSSG 10.2% 12.7% 16.2% 18.6% +5% +7% +9% +29% FY26 4,
Slide 10: Mature Stores vs Non Mature Stores
Mature Stores vs Non Mature Stores Mature Store Non Mature Store Metrics Stores > *4 Years Old Stores <4 Years Old (Average Store Age of 1.9 Years) Number Of Stores 83 Stores 140 Stores 2Total Revenue from Rs. 4,744 Crores1 Rs. 2,134 Crores1 Sales of Products - Retail 2Total EBITDA Rs. 345 Crores1 R
Slide 11: Strong Cash Flow & Balance Sheet
STRONG CASH FLOW & BALANCE SHEET Cash Flow from Operations Working Capital Post IND-AS 116 79 59 73 In Days Rs. Crs. 444 78 73 61 176 4 3 1 3 3 3 Mar-25 Mar-26 Mar-25 Dec-25 Mar-26 Pre IND-AS 116 • Inventory Days • Recievable Days • Creditor Days Rs. Crs. 299 RoCE Total Equity Cash & Cash Equivalent
Slide 12: Q4 FY26 Profit and Loss Statement
Q4 FY26 PROFIT AND LOSS STATEMENT Q4 FY26 Q4 FY25 YoY Profit & Loss (in Rs. Crore) Ind-AS 116 Pre Ind-AS 116 Pre Reported Reported (Reported) ,------------------------------------------------------------------, I I Impact Ind-AS !- I----------------------------------- I--------------1--------------
Slide 13: FY26 Profit and Loss Statement
FY26 PROFIT AND LOSS STATEMENT FY26 FY25 YoY Profit & Loss (in Rs. Crore) Pre Pre Reported Ind-AS 116 Impact Reported Ind-AS 116 Impact (Reported) Ind-AS 116* Ind-AS 116* Total Revenue 7,183.3 7,183.3 6,731.3 6,731.3 6.7% Purchases of stock in trade 6,156.6 6,156.6 6,007.3 6,007.3 Changes in Invento
Slide 14: Balance Sheet
BALANCE SHEET Assets (in Rs. Crs.) Mar-26 Mar-25 Equity & Liabilities (in Rs. Crs.) Mar-26 Mar-25 Non - Current Assets 2,117.6 1,941.0 Total Equity 1,626.1 1,518.8 Property Plant & Equipments 993.8 905.1 Share Capital 384.7 384.7 CWIP 19.3 30.4 Reserves & Surplus 1,241.4 1,134.0 Intangible assets 2.
Slide 15: Cash Flow
CASH FLOW Particulars (Rs. Crs.) Mar-26 Mar-25 Net Profit Before Tax 143.4 216.0 Adjustments for: Non -Cash Items / Other Investment or Financial Items 303.7 235.6 Operating profit before working capital changes 447.1 451.7 Changes in working capital 39.4 -215.0 Cash generated from Operations 486.5
Slide 16: Overview & Key Strategies
Electronics Mart India Limited OVERVIEW & KEY STRATEGIES
Slide 17: EMIL at a Glance
EMIL AT A GLANCE Inception & Presence Store Count WE ARE THE Central Warehouse EMIL began its journey with a single store in Hyderabad and has since built a strong presence across Andhra 200+ 200+ 4 th 4th 14 Pradesh, Telangana, and NCR, with plans to expand Stores Stores Largest Largest Electronics
Slide 18: Strategic Partnerships and Premium Positioning Drive ASP Leadership
STRATEGIC PARTNERSHIPS AND PREMIUM POSITIONING DRIVE ASP LEADERSHIP We Partner with most of the world’s best Brands and are a preferred distributor • SONY . LG SI\MSUNG BLUE STAR oppo VIVO @) BOSCH Whirlpt}ol Gm x1aom1 ONEPLUS LLO~!:> 8 r#.1 FABER Among organized retailers we drive - the one of the
Slide 19: Cluster Based Distribution Network
CLUSTER BASED DISTRIBUTION NETWORK Deep penetration in the states of Andhra Pradesh & Telangana with a growing presence in NCR We are Present Across MBO Brands (# Stores) NCR 95 6 223 171 MBO : 34 Cities States Retail Stores BAJAJ ElECTRONICS EBO : 1 (215 MBO & 8 EBO) Cities : 5 1.94+ Mn Sq. Ft. 14
Slide 20: Diversified Product Profile Comprising of 8,000+ SKUs
DIVERSIFIED PRODUCT PROFILE COMPRISING OF 8,000+ SKUs Fastest growing segment with 3,067 Revenue Mix rising contribution to the overall D Mobiles revenue pie from 29% FY19 to 44% in FY25 1,031 1,395 1,864 2,479 2,736 Have relationships with the large Phones, Fitness brands in this space – Oppo, Trac
Slide 21: Rapid Store Expansion
RAPID STORE EXPANSION Stores 71 +31% 93 +11% 103 +23% 127 +21% 160 +25% 200 +12% 223 Retail ‘000s sq. ft 765 +23% 940 +11% 1,041 +17% 1,222 +17% 1,471 +19% 1,758 +10% 1,940 223 ---------------- 23 --------------- 40 29 33 44 16 34 - 24 4 10 ■ 24 Opened 22 1 59 12 22 11 - 12 Closed - 1* - FY19 FY20 F
Slide 22: Driving Sales Through Differentiated In-Store Experiences
DRIVING SALES THROUGH DIFFERENTIATED IN-STORE EXPERIENCES Differentiated in Store Experiences Product Experience Event In-store live demonstrations (e.g., juicing stations) build trust and authenticity Interactive Product Trial Turns shopping into an experience — especially impactful for Gen Z and m
Slide 23: Our Retail Outlets
OUR RETAIL OUTLETS NCR Stores Hyderabad Stores Andhra Pradesh & Telangana Up Country Stores 22
Slide 24: Our Specialised Retail Stores
OUR SPECIALISED RETAIL STORES Kitchen Stories Easy Kitchens Audio & Beyond The Charcoal Project (Jubilee Hills, Hyderabad) (Jubilee Hills, Hyderabad) (Jubilee Hills, Hyderabad) (Jubilee Hills, Hyderabad) 23
Slide 25: Strategically Located Logistics and Warehousing Facilities
STRATEGICALLY LOCATED LOGISTICS AND WAREHOUSING FACILITIES 14 large centrally located warehousing facilities which are backed by individual storage areas at store level of varying sizes to cater to individual stores or a group of stores Extensive Supply Chain with Computerized Inventory Systems setu
Slide 26: Board of Directors
BOARD OF DIRECTORS Pavan Kumar Bajaj Karan Bajaj Astha Bajaj Chairman & Managing Director Chief Executive Officer & WTD Executive Director & WTD Col. Gurdeep Singh Mirza Ghulam Jyotsna Angara (Retd.) Muhammad Baig Independent Director Independent Director Independent Director 25
Slide 27: Awards & Accolades
AWARDS & ACCOLADES . SI\MSUNG .. Crrhfuatr Of -:lpprttiarion lofoJ Ei.ctronk, Certificate of Revenue Electronics Mart Appreciation For India Limited Top Oppo Diamond Champion exemplary sales Awards One Plus 2024 Performing Contribution Preferred Partner Apple Brand H12024 Samsung SAMSUNG 2024 2024 2
Slide 28: Key Growth Strategies
KEY GROWTH STRATEGIES ✓ We are strengthening cash flows by optimizing working capital, especially at the inventory level Cashflow Generation ✓ Leveraging data analytics for demand forecasting and assortment planning, we’re improving stock turns and reducing Through Inventory excess inventory. Optimi
Slide 29: Historical Highlights
Electronics Mart India Limited HISTORICAL HIGHLIGHTS (As some of the line items of the financial statements for FY25 have been reclassified, the corresponding financial and operating indication of the said year are recalculated in line with the reclassified financial statements)
Slide 30: Operating Indicators
OPERATING INDICATORS Top 5 Brands (% of Sales) Store Ownership (#) • • POPL Owned • Leased 223 61.9% 64.2% 63.0% 61.1% 62.0% 200 14 12 20 160 17 127 11 12 103 7 12 9 7 171 189 137 89 106 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 I FY26 Bill Cuts (Nos. in ‘000) Average Ticket Size (Rs.) 2,974 23,5
Slide 31: Financial Indicators
FINANCIAL INDICATORS Revenue (Rs. Crs.) EBITDA ((Rs. Crs.) EBITDA Margins 7.2% 5,446 6,285 6,731 7,183 336 -449 -451 438 6.7% 6.2% 6.7% 6.1% 4,349 292 FY22 FY23 FY24 FY25* FY26 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 Profit After Tax (PAT) RoCE 184 18.9% 160 17.0% 13.7% 13.3% 123 11.5% 104
Slide 32: Strong Balance Sheet
STRONG BALANCE SHEET Working Capital* Working • Inventory Days • Recievable Days • Creditor Days 73 days Capital Days 67 days 69 days 75 days 79 days 78 73 60 60 66 9 9 11 2 0 2 4 3 3 3 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Debt to Equity Ratio Net Debt to EBITDA Cash Flow from Operations (Rs. Crs.) Ne
Slide 33: Historical Profit and Loss Statement
HISTORICAL PROFIT AND LOSS STATEMENT Profit and Loss (in Rs. Crs.) FY26 FY25 FY24 FY23 FY22 Revenue from Operations 7,183.3 6,731.3 6,285.4 5,445.7 4,349.3 Purchases of stock in trade 6,156.6 6,007.3 5,566.4 4,864.7 3,887.8 Changes in Inventory -10.5 -273.5 -195.7 -159.7 -132.5 Gross Profit 1,037.1
Slide 34: Historical Balance Sheet
HISTORICAL BALANCE SHEET Assets (in Rs. Crs.) Mar-26 Mar-25 Mar-24 Mar-23 Mar-22 Equity & Liabilities (in Rs. Crs.) Mar-26 Mar-25 Mar-24 Mar-23 Mar-22 Non - Current Assets 2,117.6 1,941.0 1,517.5 1,285.9 875.4 Total Equity 1,626.1 1,518.8 1,369.7 1,184.3 596.5 Property Plant & Equipments 993.8 905.1
Slide 35: Historical Cash Flow
HISTORICAL CASH FLOW Particulars (Rs. Crs.) Mar-26 Mar-25 Mar-24 Mar-23 Mar-22 Net Profit Before Tax 143.4 216.0 246.2 163.2 139.8 Adjustments for: Non-Cash Items / Other Investment or Financial Items 303.7 235.6 202.5 171.7 152.6 Operating profit before working capital changes 447.1 451.7 448.7 334
Slide 36: Key Takeaways
KEY TAKEAWAYS Cluster based expansion strategy with robust growth and highest Operating margins; Recently forayed in new geography by opening stores in the lucrative ~ NCR market Flexible business model built to create long term sustainable footprint \ Long Term Relationship with marquee Brands in e
Slide 37: Thank You
THANK YOU Company: Electronics Mart India Limited Investor Relations: Strategic Growth Advisors (SGA) CIN: L52605TG2018PLC126593 CIN: U74140MH2010PTC204285 Mr. Vishal Pundir,VP - Strategy Mr. Deven Dhruva / Mr. Ronak Jain vishal.pundir@bajajelectronics.in deven.dhruva@sgapl.net / ronak.jain@sgapl.ne
Electronics Mart India — Q4 FY26 Earnings Presentation on 6ix