Electronics Mart India targets 25 new stores by FY27 as festive demand lifts outlook
The electronics retailer expects about 20% year-on-year Q2 growth, driven by festive demand, mobile sales and an appliance recovery. It plans to add 25 stores by end-FY27, including 10 in Kolkata and 15 across existing markets.
What happened
Electronics Mart India expects about 20% Q2 growth on festive demand, strong mobile sales and appliance recovery. It plans 25 stores by FY27, including 10 in
Key facts
- ~20% year-on-year Q2 growth expected
- FY27 topline growth expected above 20%
- Same-store growth expected in the mid-teens for FY27
- Mobile phones expected to contribute ~45% of revenue mix versus ~40% earlier
- Home appliances including televisions expected to contribute ~50% of revenue
What changed
Electronics Mart India expects about 20% Q2 growth on festive demand, strong mobile sales and appliance recovery. It plans 25 stores by FY27, including 10 in Kolkata around Diwali, while aiming to improve northern-store profitability as outlets mature.
Why this matters
Electronics Mart India’s plan to add 25 stores by FY27, alongside mid-teens same-store growth, signals a need to prioritize festive inventory, mobile assortment and appliance-category execution.
What to watch
- Quarterly same-store sales growth staying in the mid-teens or higher.
- Q2 festive sales mix between mobiles, consumer durables and large appliances.
- Gross-margin and EBITDA-margin movement despite promotional intensity.
- Kolkata site announcements, store opening cadence and early sales productivity.
- Inventory days and any increase in clearance activity after the festive season.
Also reported by
- CNBC-TV18 · Retail — Same time