Electronics Mart India Raises FY27 Growth Guidance

Electronics Mart India (EMIL) has raised its FY27 growth guidance, with management now expecting revenue growth of more than 20% and gross margins above 15%. Mobile Segment Supports Growth Management highlighted that price increases in the mobile segment are supporting revenue growth, along with continued demand for higher-value products. The company has been seeing an increase in average selling prices across several electronics categories, including mobiles and other consumer electronics. Margin Outlook EMIL's latest guidance indicates gross margins sustainably above 15% for FY27. Earlier management commentary had indicated a full-year gross-margin range of 15–15.5%, while EBITDA margin guidance was around 7.5–8%. The improvement is being supported by premiumisation, higher product prices and operating leverage as the company's store network expands. Store Expansion Continues EMIL is also expanding its retail footprint, with management targeting 25–30 new stores during FY27. The company is entering new markets while continuing to strengthen its presence in its core South Indian markets. With higher revenue guidance, improving margins and continued store expansion, the company's ability to sustain growth while maintaining profitability will remain important to watch. Disclaimer: This content is for educational and informational purposes only and should not be considered investment advice or a recommendation to buy or sell any security. Investors should conduct their own research and consider their risk profile before making any investment decision.