Latest news with #ElectronicsMartIndiaLtd
Yahoo
21-05-2025
- Business
- Yahoo
Electronics Mart India Ltd (BOM:543626) Q4 2025 Earnings Call Highlights: Navigating Growth and ...
Release Date: May 20, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Electronics Mart India Ltd (BOM:543626) reported a revenue growth of 11% for the fiscal year 2025, reaching INR 6,965 crores. The company expanded its retail footprint significantly by adding 44 new stores during the year, reaching a milestone of 200 stores. Strong demand for cooling products, particularly air conditioners, contributed to a 12% year-on-year growth in the large appliances category. The company plans to open 25 to 30 new stores in the upcoming fiscal year, focusing on optimizing supply chain operations and improving inventory management. India's economic outlook remains optimistic with projected GDP growth, supported by increased government capital spending and favorable demographic trends. The rapid pace of store expansion led to higher operating costs, impacting EBITDA margins, which stood at 6.6% for the year. Newly added stores have not yet stabilized and have not contributed meaningfully to revenue, adding to fixed costs. The company's net debt to EBITDA ratio stood at 2.16, indicating a significant level of debt. Hyderabad, a major revenue contributor, showed marginally negative same-store sales growth during the fiscal year. The company faces challenges from global uncertainties and weather-related impacts on cooling product sales, which could affect inventory levels and pricing pressures. Warning! GuruFocus has detected 3 Warning Sign with BOM:532899. Q: How is the current weather affecting sales and inventory levels, particularly for cooling products? A: (CEO) The rains have led to a muted demand for cooling products, especially in the southern regions. However, inventory levels are manageable, and there is no significant pricing pressure to liquidate stock. We expect the inventory to carry over for a couple of months without stress, as new stores are also contributing to inventory levels. Overall, the situation is under control despite the unexpected weather conditions. Q: What is the outlook for the Hyderabad market, given its significant contribution to revenue? A: (CEO) Hyderabad has shown positive growth, with a 4% increase in business value last quarter. We are optimistic about its performance, as we plan to open more stores. Despite some challenges in cooling product sales due to weather, other categories are performing well, and we expect Hyderabad to continue contributing positively to our revenue. Q: Can you provide insights into the performance and future expectations for the Delhi NCR region? A: (CEO) Delhi NCR is progressing well and is in line with our expectations. We have achieved near break-even for the full year and plan to add more stores. The region is performing well, and we anticipate continued growth in the coming years, despite higher initial costs due to capital investments. Q: What is the company's strategy regarding capital expenditure and store expansion, given the current debt levels? A: (CFO) Our CapEx strategy involved significant investment in property acquisition, particularly in Delhi NCR. While this has increased our debt, it aligns with our long-term strategy. Future expansions in other regions will focus more on lease agreements rather than property purchases to manage capital expenditure more effectively. Q: How are the company's margins affected by current market conditions, and what are the expectations for future margin improvements? A: (CEO) The margins have been slightly impacted by competitive pressures and product mix stability. However, we expect gradual improvements as new stores mature and contribute more significantly to revenue. We are focusing on optimizing operations to enhance margins over time. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Standard
22-04-2025
- Business
- Business Standard
Alok Industries Ltd leads gainers in 'A' group
Tilaknagar Industries Ltd, Electronics Mart India Ltd, RattanIndia Power Ltd and Asahi India Glass Ltd are among the other gainers in the BSE's 'A' group today, 22 April 2025. Tilaknagar Industries Ltd, Electronics Mart India Ltd, RattanIndia Power Ltd and Asahi India Glass Ltd are among the other gainers in the BSE's 'A' group today, 22 April 2025. Alok Industries Ltd surged 15.97% to Rs 19.1 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 94.09 lakh shares were traded on the counter so far as against the average daily volumes of 11.43 lakh shares in the past one month. Tilaknagar Industries Ltd spiked 14.77% to Rs 298.4. The stock was the second biggest gainer in 'A' group. On the BSE, 1.69 lakh shares were traded on the counter so far as against the average daily volumes of 53044 shares in the past one month. Electronics Mart India Ltd soared 10.46% to Rs 148.9. The stock was the third biggest gainer in 'A' group. On the BSE, 86361 shares were traded on the counter so far as against the average daily volumes of 44366 shares in the past one month. RattanIndia Power Ltd rose 9.57% to Rs 11.56. The stock was the fourth biggest gainer in 'A' group. On the BSE, 79.05 lakh shares were traded on the counter so far as against the average daily volumes of 32.13 lakh shares in the past one month. Asahi India Glass Ltd jumped 8.27% to Rs 728.25. The stock was the fifth biggest gainer in 'A' group. On the BSE, 39794 shares were traded on the counter so far as against the average daily volumes of 17962 shares in the past one month.
