• The document contains the transcript of the Q4 and FY26 Earnings Conference Call held on Friday, 22nd May 2026 at 03:00 P.M. IST to discuss the Audited Financial Results for the Fourth Quarter and Financial Year ended 31st March 2026.
  • Management participants included Mr. Karan Bajaj (Chief Executive Officer and Promoter), Mr. Premchand Devarakonda (Chief Financial Officer), and representatives from Strategy Growth Advisors (Investor Relations Advisors).
  • The transcript was made available on the company's website at https://investors.electronicsmartindia.com/earning-call-transcripts-and-investors-presentation and filed pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
  • The call discussed Q4 FY26 financial performance including revenue of ₹1,913 crores (15% YoY growth), EBITDA of ₹129 crores (20% YoY growth), EBITDA margin of 6.7% (vs 5.6% in Q4 FY25), PAT of ₹40 crores (49% growth), and SSSG of 12.2%.
  • FY26 financials showed revenue of ₹7,183 crores (7% growth), EBITDA of ₹438 crores, EBITDA margin of 6.1%, PAT of ₹107 crores, and SSSG of 5.3%.
  • Store expansion details: Added 4 new stores in Q4 FY26 (1 in NCR, 1 in Telangana, 2 in Andhra Pradesh), bringing total store count to 223 (83 mature stores over 4 years old, 140 newer stores less than 4 years old).
  • Regional performance: South cluster maintained 6.5% EBITDA margin; NCR operations turned EBITDA positive on full-year basis.
  • Category performance: Mobile phones grew 28% in Q4 FY26; large appliances showed positive momentum; washing machines reported strong double-digit growth; panels grew 13%.
  • Inventory days stood at 73 days as of 31st March 2026.
  • Expansion plans: 12-15 stores in existing clusters (NCR, AP, Telangana) in FY27; entry into Calcutta market with 5-7 stores by end of Q2 or beginning of Q3 FY27.
  • Margin guidance: Mature stores achieving 7.3% EBITDA margins vs 3.1% for newer stores; expecting NCR margins to improve to 2.5-3% in FY27.

Additional Notes Section

  • The document is a regulatory filing containing the complete transcript of the earnings conference call, including the Q&A session with analysts.
  • No financial data was disclosed in the announcement itself beyond what was already reported in the financial results; the transcript contains detailed discussion of already-published results.
  • The document includes compliance language regarding forward-looking statements and notes that the conference was being recorded.