Q1 2025 Electronics Mart India Ltd Earnings Call Transcript
Key Points
- Revenue from operations grew by 17.3% year-on-year.
- EBITDA increased by 18.3% year-on-year, with a stable margin of 7.8%.
- Opened 10 new stores in Q1 FY25, bringing the total store count to 170.
- Strong performance in the North cluster with an EBITDA margin of 2.6%.
- Plans to open around 25 new stores in the upcoming financial year, anticipating robust double-digit growth in revenue.
- Working capital saw a jump in March due to increased inventory anticipation.
- Same-store sales growth (SSSG) for Q1 FY25 stood at 8.6%, down from 13.6% in Q1 FY24.
- Hyderabad cluster showed only a 4.5% growth due to a high base and no new store openings in recent years.
- Higher operational costs in the NCR region compared to the southern markets.
- Trade receivables stood at INR180 crores, with INR40 crores being more than six months old, raising concerns about cash flow management.
Ladies and gentlemen, good day, and welcome to Electronics Smart India Limited Q1 FY '25 conference call. (Operator Instructions) Please note that this conference is being recorded.
I now hand the conference over to Mr. Karan Bajaj, Promoter and CEO of Electronics Mart India Limited. Thank you, and over to you, sir.
Thank you. Good evening, and a very warm welcome to everybody present on the call. Along with me, I have Mr. Premchand Devarakonda, our CFO. We have uploaded our results and investor presentation for the quarter end Q1 FY '25 on the stock exchange and company's website. I hope everyone had a chance to go through the same. We began the year on a strong footing, aided by our increasing presence in key markets where we operate. Revenue from operating grew by 17.3% year-on-year. EBITDA grew by 18.3% on a year-on-year basis, with margin remaining stable at 7.8%.
On a pre-Ind AS basis, we have done margins of 6.3%. During the quarter, we've driven a
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
