Electronics Mart India Limited — Q2FY27 earnings call summary

Filed 10 November 2026 · Official transcript

Festive season demand off to a strong start; Q3 expected to be better than Q2 with potential upside in Q4 if summer arrives early
H1 FY27 revenue grew 30% to INR4,319 Cr; EBITDA nearly doubled to INR369 Cr with 8.6% margin; PAT grew 4x to INR161 Cr
Q2 FY27 revenue up 19% to INR1,900 Cr; EBITDA margin improved 180 bps y-y to 6.9%
FY27 revenue growth guidance maintained at 18-20%; EBITDA margin guidance 7-8% pre-Ind AS
Management highlighted premium product focus with value growth prioritized over volume growth
South cluster revenue up 28% with 9.3% EBITDA margin; North cluster revenue up 45% with margin improving to 3.4%
Gross margin expanded by 210 bps in H1 to 16.4%, aided by price escalations and product mix
Mobile phones led Q2 growth at 31%; air conditioners grew 52% due to extended summer