Why is Electronics Mart India Ltd ?
1
Low ability to service debt as the company has a high Debt to EBITDA ratio of 3.54 times
- Low ability to service debt as the company has a high Debt to EBITDA ratio of 3.54 times
2
Poor long term growth as Operating profit has grown by an annual rate 1.86% of over the last 5 years
3
Flat results in Dec 25
- INTEREST(9M) At Rs 114.62 cr has Grown at 28.84%
- PAT(Latest six months) At Rs 37.66 cr has Grown at -33.82%
- ROCE(HY) Lowest at 7.61%
4
Below par performance in long term as well as near term
- Along with generating -26.40% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Diversified Retail)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Electronics Mart for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Electronics Mart
-26.4%
-0.56
47.26%
Sensex
9.01%
0.78
11.54%
Quality key factors
Factor
Value
Sales Growth (5y)
9.04%
EBIT Growth (5y)
1.86%
EBIT to Interest (avg)
2.65
Debt to EBITDA (avg)
4.03
Net Debt to Equity (avg)
1.25
Sales to Capital Employed (avg)
2.14
Tax Ratio
26.25%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
25.08%
ROCE (avg)
10.86%
ROE (avg)
10.27%
Valuation Key Factors 
Factor
Value
P/E Ratio
44
Industry P/E
54
Price to Book Value
2.61
EV to EBIT
22.44
EV to EBITDA
14.34
EV to Capital Employed
1.71
EV to Sales
0.86
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
7.45%
ROE (Latest)
5.96%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Bullish
No Trend
Technical Movement
7What is working for the Company
PAT(Q)
At Rs 32.85 cr has Grown at 41.8% (vs previous 4Q average
DEBTORS TURNOVER RATIO(HY)
Highest at 92.25 times
NET SALES(Q)
Highest at Rs 1,939.65 cr
PBDIT(Q)
Highest at Rs 118.85 cr.
PBT LESS OI(Q)
At Rs 39.87 cr has Grown at 35.3% (vs previous 4Q average
-10What is not working for the Company
INTEREST(9M)
At Rs 114.62 cr has Grown at 28.84%
PAT(Latest six months)
At Rs 37.66 cr has Grown at -33.82%
ROCE(HY)
Lowest at 7.61%
CASH AND CASH EQUIVALENTS(HY)
Lowest at Rs 25.23 cr
Loading Valuation Snapshot...
Here's what is working for Electronics Mart
Profit After Tax (PAT) - Quarterly
At Rs 32.85 cr has Grown at 41.8% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 23.17 CrMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Net Sales - Quarterly
Highest at Rs 1,939.65 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 118.85 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 39.87 cr has Grown at 35.3% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 29.47 CrMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Debtors Turnover Ratio- Half Yearly
Highest at 92.25 times
in the last five half yearly periodsMOJO Watch
Company has been able to settle its Debtors faster
Debtors Turnover Ratio
Here's what is not working for Electronics Mart
Interest - Nine Monthly
At Rs 114.62 cr has Grown at 28.84%
over preceding nine months periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Cash and Cash Equivalents - Half Yearly
Lowest at Rs 25.23 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
Non Operating Income - Quarterly
Highest at Rs 3.80 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income






