Electronics Mart India (NSE:EMIL) Operating Margin %: 4.60% (As of Mar. 2026) — Near Median


NSE:EMIL Electronics Mart India Ltd NSE:EMIL
83 GF Score
Price ₹119.14
GF Value ₹176.30
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Electronics Mart India Operating Margin %?

Electronics Mart India NSE:EMIL +1.76% 83 Operating Margin % is 4.60% as of Mar. 2026, which is 8% below its 10-year median of 4.99. GuruFocus rates NSE:EMIL with a GF Score™ of 83/100 and a GF Value™ of ₹176.30 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,128 Retail - Cyclical companies, Electronics Mart India ranks better than 50.53% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Electronics Mart India's Operating Income for the three months ended in Mar. 2026 was ₹880 Mil. Electronics Mart India's Revenue for the three months ended in Mar. 2026 was ₹19,132 Mil. Therefore, Electronics Mart India's Operating Margin % for the quarter that ended in Mar. 2026 was 4.60%.

Warning Sign:

Electronics Mart India Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -3.3%.

The historical rank and industry rank for Electronics Mart India's Operating Margin % or its related term are showing as below:

NSE:EMIL' s Operating Margin % Range Over the Past 10 Years
Min: 3.93   Med: 4.99   Max: 6.05
Current: 3.94


NSE:EMIL's Operating Margin % is ranked better than
50.53% of 1128 companies
in the Retail - Cyclical industry
Industry Median: 3.905 vs NSE:EMIL: 3.94

Electronics Mart India's 5-Year Average Operating Margin % Growth Rate was -3.30% per year.

Electronics Mart India's Operating Income for the three months ended in Mar. 2026 was ₹880 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹2,831 Mil.


Electronics Mart India  (NSE:EMIL) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Electronics Mart India Operating Margin % Related Terms


Electronics Mart India Operating Margin % Historical Data

* Premium members only.

The historical data trend for Electronics Mart India's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Electronics Mart India Operating Margin % Chart

Electronics Mart India Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial 5.07 4.93 5.81 4.82 3.93

Electronics Mart India Quarterly Data
Mar20 Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.33 4.21 2.72 4.05 4.60

NSE:EMIL vs CASY, WSM, ULTA: Operating Margin % Comparison

For the Specialty Retail subindustry, Electronics Mart India's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Electronics Mart India Operating Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Electronics Mart India's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Electronics Mart India's Operating Margin % falls into.


NSE:EMIL
83GF Score
Electronics Mart India Ltd NSE:EMIL
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Electronics Mart India Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Electronics Mart India's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=2820.46 / 71832.62
=3.93 %

Electronics Mart India's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=880.29 / 19132.45
=4.60 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 4.60% mean?
Electronics Mart India (NSE:EMIL) has a Operating Margin % of 4.60% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Electronics Mart India and its competitors. This is near median its historical median of 4.99. Over the past decade, Electronics Mart India's Operating Margin % has ranged from 3.93 to 6.05. According to the industry distribution chart, Electronics Mart India ranks #558 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 49.5%.
Is Electronics Mart India's Operating Margin % too high?
Electronics Mart India's current Operating Margin % of 4.60% is near median its 10-year median of 4.99. Over the past 10 years, this metric has ranged from a low of 3.93 to a high of 6.05. The Retail - Cyclical industry median Operating Margin % is 3.91. Electronics Mart India's value of 4.60% is 17.8% above this industry median. Based on the distribution chart, Electronics Mart India ranks #558 out of 1128 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Electronics Mart India has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Electronics Mart India's Operating Margin % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Electronics Mart India ranks #558 out of 1128 companies for Operating Margin %. This puts Electronics Mart India in the upper half of its industry. The industry median Operating Margin % is 3.91. Electronics Mart India's value of 4.60% is 17.8% above this benchmark. Historically, Electronics Mart India's own Operating Margin % has ranged from 3.93 to 6.05 over the past decade. While the company's 10-year median is 4.99 vs. the industry median of 3.91, Electronics Mart India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Retail - Cyclical company?
The median Operating Margin % among Retail - Cyclical companies is 3.91, based on 1,128 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Electronics Mart India's current Operating Margin % of 4.60% is 17.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Electronics Mart India and its competitors. For the Retail - Cyclical industry, the median Operating Margin % is 3.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electronics Mart India's current Operating Margin % is 4.60%, which is near median its own 10-year median of 4.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electronics Mart India stock overvalued right now?
Based on GuruFocus' analysis, Electronics Mart India (NSE:EMIL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹176.30, compared to a current price of ₹119.14 — trading 32.4% below its estimated fair value. The current Operating Margin % is 4.60%, which is near median its 10-year median of 4.99 and 17.8% above the Retail - Cyclical industry median of 3.91. Electronics Mart India's overall GF Score™ is 83/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Electronics Mart India (NSE:EMIL), the current Operating Margin % is 4.60% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Electronics Mart India (NSE:EMIL) Overvalued in 2026?

Based on GuruFocus' analysis, Electronics Mart India stock appears to be undervalued. The current stock price of ₹119.14 is trading 32.4% below its estimated GF Value™ of ₹176.30. GuruFocus considers Electronics Mart India to be Significantly Undervalued.

Key valuation signals for NSE:EMIL:

  • Operating Margin %: 4.60% (near median its 10-year median of 4.99)
  • GF Value™: ₹176.30 vs. price of ₹119.14 (32.4% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 17.8% above the Retail - Cyclical median (#558 of 1128)

No single metric tells the full story. See the NSE:EMIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Electronics Mart India Business Description

Other Exchanges 543626:India
Address Panjagutta Main Road, 6-3-666/A1 To 7, 3rd & 4th Floors, Opposite NIMS Hospital, Hyderabad, TG, IND, 500082
Electronics Mart India Ltd is a consumer durables and electronics retailer in India. It is engaged in the business of the sale of consumer electronics and durable products through a chain of retail and online stores. The company offers various products which include mobile devices, laptops, home and kitchen appliances, home entertainment systems, cameras, and personal care items. It operates a network of multi-brand outlets (MBOs) under the brand name Bajaj Electronics and Electronics Mart and manages exclusive brand outlets (EBOs) for various brands. Geographically, the company operates only in India. The Company operates in three segments, namely, retailing, wholesaling and e-commerce, with a sales mix of mobile, large electronics appliances and small appliances, IT & others.
83GF Score

Get the complete analysis for NSE:EMIL

Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹119.14
Price
₹176.30
GF Value