Electronics Mart India Limited (EMIL) AI Stock Analysis

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Electronics Mart India Limited

(NSE:EMIL)

Select Model

Rating:56Neutral

Price Target:INR 156.00▲(2.87% Upside)

Action:reiterated

Date:08/11/26

The score is driven primarily by fair-but-pressured financial performance (recent margin and net-income decline plus historically inconsistent free cash flow) and a demanding valuation (P/E ~65). These are partially offset by strong technical momentum (price well above key moving averages and positive MACD), though overbought readings (RSI ~84, Stoch ~88) add near-term risk.

Positive Factors

Multi-year Revenue ExpansionConsistent multi-year revenue expansion indicates that EMIL has built meaningful scale in India’s consumer electronics and appliance market. A larger sales base can support broader product availability, stronger supplier relationships, and operating leverage if growth stabilizes after the latest slowdown.

Negative Factors

Recent Earnings and Margin PressureRecent profit deterioration signals pressure on the economics of EMIL’s retail model. Falling gross profit and lower net income despite higher revenue may reduce funds available for expansion, weaken returns on capital, and make future earnings more dependent on recovering margins rather than sales growth alone.

Electronics Mart India Limited (EMIL) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 58.38B
Dividend Yield: ―
Average Volume (3M): 323.66K
Price to Earnings (P/E): 28.3
Beta (1Y): 1.22
Revenue Growth: 16.84%
EPS Growth: 88.83%
Country: India
Employees: 3,344
Sector: General
Sector Strength: 55
Industry: Specialty Retail

Electronics Mart India Limited Business Overview & Revenue Model

Company Description

Established in 1980 and headquartered in Hyderabad, India, Electronics Mart India Limited operates as a leading retailer and wholesaler of consumer electronics and durable goods across the country. The company presents a vast inventory, encompassing...

Electronics Mart India Limited Financial Statement Overview

Summary

Financials are fair but pressured: income statement shows strong multi-year revenue expansion, yet the latest year saw sharp growth deceleration and notable margin/earnings compression (net income down to ~₹1.07B from ~₹1.60B). Balance sheet leverage has improved versus earlier years but remains meaningful for a retailer (debt-to-equity still ~1.15–1.29x in recent years). Cash flow is the main weak spot due to historically volatile operating cash flow and frequently negative free cash flow, despite improvement in FY2026 (positive FCF ~₹1.64B).

Income Statement

63Positive

Balance Sheet

58Neutral

Cash Flow

44Neutral

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	78.63B	71.83B	69.65B	62.85B	54.46B	43.49B
Gross Profit	9.51B	7.21B	9.97B	9.15B	7.41B	3.96B
EBITDA	5.90B	4.53B	4.51B	4.57B	3.47B	2.96B
Net Income	2.06B	1.07B	1.60B	1.84B	1.23B	1.04B
Balance Sheet
Total Assets	0	37.97B	36.97B	30.59B	26.94B	18.25B
Cash, Cash Equivalents and Short-Term Investments	497.47M	497.47M	305.31M	854.74M	2.03B	343.99M
Total Debt	0	19.97B	19.76B	15.70B	14.32B	11.43B
Total Liabilities	-16.26B	21.71B	21.66B	16.89B	15.10B	12.35B
Stockholders Equity	16.26B	16.26B	15.31B	13.70B	11.84B	5.97B
Cash Flow
Free Cash Flow	1.90B	1.64B	-1.48B	-139.34M	-2.47B	537.17M
Operating Cash Flow	2.72B	2.88B	1.76B	1.60B	-5.81M	1.22B
Investing Cash Flow	-835.01M	-1.26B	-3.32B	-1.17B	-3.01B	-678.51M
Financing Cash Flow	-1.93B	-1.42B	1.01B	-1.61B	4.70B	-543.70M

Electronics Mart India Limited Technical Analysis

Technical Analysis SentimentNegative

Last Price151.65

Price Trends

50DMA183.12Negative

100DMA159.52Negative

200DMA130.98Positive

Market Momentum

MACD-9.09Positive

RSI31.64Neutral

STOCH20.66Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:EMIL, the sentiment is Negative. The current price of 151.65 is below the 20-day moving average (MA) of 178.36, below the 50-day MA of 183.12, and above the 200-day MA of 130.98, indicating a neutral trend. The MACD of -9.09 indicates Positive momentum. The RSI at 31.64 is Neutral, neither overbought nor oversold. The STOCH value of 20.66 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:EMIL.

Electronics Mart India Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:EMIL against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:DIGIDRIVE	60Neutral	INR 674.45M	12.01	―	―	2.83%	-10.57%
IN:EMIL	56Neutral	INR 58.35B	28.31	―	―	16.84%	88.83%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:PRAXIS	39Underperform	INR 785.99M	-1.75	―	―	-11.04%	-6.64%

* General Sector Average

Performance Comparison

IN:EMIL and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:EMIL	Electronics Mart India Limited	151.65	2.40	1.61%
IN:DIGIDRIVE	Digidrive Distributors Limited	17.49	-10.97	-38.55%
IN:PRAXIS	Praxis Home Retail Ltd.	4.23	-8.27	-66.16%
IN:MEESHO	Meesho Limited	223.10	52.90	31.08%

Electronics Mart India Limited Corporate Events

Electronics Mart India Announces AGM Voting Results; All Resolutions Passed

Sep 26, 2026

Electronics Mart India Limited has reported to the National Stock Exchange of India and BSE that its eighth Annual General Meeting was held on September 25, 2026 via video conferencing and other audio-visual means, with shareholders participating thr...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 11, 2026

Electronics Mart India Limited AI Stock Analysis

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