Electronics Mart India Limited

NSEI:EMIL Stock Report

Market Cap: ₹39.1b

Electronics Mart India Management

Management criteria checks 4/4

Electronics Mart India's CEO is Karan Bajaj, appointed in Oct 2018, has a tenure of 7.67 years. total yearly compensation is ₹24.00M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 32.54% of the company’s shares, worth ₹12.71B. The average tenure of the management team and the board of directors is 6.3 years and 7.6 years respectively.

Key information

Karan Bajaj

Chief executive officer

₹24.0m

Total compensation

CEO salary percentage100.00%
CEO tenure7.7yrs
CEO ownership32.5%
Management average tenure6.3yrs
Board average tenure7.6yrs

Recent management updates

Recent updates

Narrative Update Jun 03

EMIL: Upcoming Board Review Will Support Stable Margins And Upside Potential

Analysts have made a small upward tweak to the price target on Electronics Mart India to ₹147.71 from ₹147.29, reflecting updated assumptions on revenue growth, profit margins, and the stock's future P/E. What's in the News A board meeting is scheduled for May 22, 2026, at 12:30 Indian Standard Time to review and approve the audited standalone and consolidated financial results for the fourth quarter and the full financial year ended March 31, 2026.
Analysis Article May 25

Electronics Mart India Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

It's been a good week for Electronics Mart India Limited ( NSE:EMIL ) shareholders, because the company has just...
Narrative Update Apr 26

EMIL: Upcoming Results Review Will Support Stable Margins And Upside Potential

Analysts have kept their price target for Electronics Mart India unchanged at ₹147.29, citing stable assumptions around revenue growth, profit margin and future P/E, along with only minor adjustments to the discount rate used in their valuation work. What's in the News A board meeting is scheduled on Feb 09, 2026, at 12:30 Indian Standard Time to review and approve the unaudited standalone and consolidated financial results for the third quarter and nine months ended Dec 31, 2025, following the Audit Committee review (company filing).
Narrative Update Apr 10

EMIL: Upcoming Results Review Will Support Stronger Margin Outlook

Analysts have revised their fair value estimate for Electronics Mart India from about ₹161 to around ₹147. This change reflects updated assumptions for revenue growth, discount rate and future P/E, while also factoring in a slightly higher profit margin outlook.
Analysis Article Feb 12

Electronics Mart India Limited (NSE:EMIL) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

It's been a good week for Electronics Mart India Limited ( NSE:EMIL ) shareholders, because the company has just...
Analysis Article Feb 10

Here's Why Electronics Mart India (NSE:EMIL) Is Weighed Down By Its Debt Load

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
New Narrative Jan 28

Store Expansion And Premium Product Mix Will Transform Long Term Earnings Power

Catalysts About Electronics Mart India Electronics Mart India operates a multi brand retail network focused on consumer durables, large appliances and mobiles across key Indian regions including the South and NCR. What are the underlying business or industry changes driving this perspective?
Analysis Article Nov 13

Here's What Analysts Are Forecasting For Electronics Mart India Limited (NSE:EMIL) After Its Second-Quarter Results

Electronics Mart India Limited ( NSE:EMIL ) shareholders are probably feeling a little disappointed, since its shares...
Analysis Article Nov 11

Electronics Mart India's (NSE:EMIL) Returns On Capital Not Reflecting Well On The Business

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Narrative Update Sep 23

Post-Monsoon Recovery And Expanding Stores Will Create Upside

The consensus analyst price target for Electronics Mart India has been raised as modest improvements in both future P/E and net profit margin signal a strengthened earnings outlook, resulting in a new target of ₹161.33. What's in the News Board meeting scheduled to approve the Annual Report, consider appointment of Secretarial Auditor, convene the 7th Annual General Meeting, approve the meeting notice, and address other business matters.
Analysis Article Sep 06

Electronics Mart India Limited's (NSE:EMIL) P/E Is Still On The Mark Following 27% Share Price Bounce

Electronics Mart India Limited ( NSE:EMIL ) shareholders would be excited to see that the share price has had a great...
Analysis Article Aug 08

Earnings Miss: Electronics Mart India Limited Missed EPS By 30% And Analysts Are Revising Their Forecasts

As you might know, Electronics Mart India Limited ( NSE:EMIL ) last week released its latest first-quarter, and things...
Narrative Update Aug 07

Post-Monsoon Recovery And Expanding Stores Will Create Upside

Despite stronger consensus revenue growth forecasts, a decline in net profit margin has led analysts to lower their fair value estimate for Electronics Mart India from ₹165.20 to ₹151.20. What's in the News Board meeting scheduled to consider and approve Q1 FY26 un-audited financial results.
Analysis Article Aug 07

Electronics Mart India (NSE:EMIL) Could Be Struggling To Allocate Capital

NSEI:EMIL 1 Year Share Price vs Fair Value Explore Electronics Mart India's Fair Values from the Community and select...
Analysis Article Jun 28

There's Reason For Concern Over Electronics Mart India Limited's (NSE:EMIL) Massive 26% Price Jump

Electronics Mart India Limited ( NSE:EMIL ) shareholders have had their patience rewarded with a 26% share price jump...
Analysis Article Jun 19

Is Electronics Mart India (NSE:EMIL) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Mar 15

Electronics Mart India Limited's (NSE:EMIL) Shares May Have Run Too Fast Too Soon

With a median price-to-earnings (or "P/E") ratio of close to 25x in India, you could be forgiven for feeling...
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New Narrative Mar 14

Expansion To Over 200 Stores Will Broaden Market Reach Across India

Expansion and premiumization strategies, alongside brand collaborations, aim to boost revenue and market share as consumer spending grows.
Analysis Article Feb 13

Electronics Mart India Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

The analysts might have been a bit too bullish on Electronics Mart India Limited ( NSE:EMIL ), given that the company...
Analysis Article Jan 28

Is Electronics Mart India (NSE:EMIL) Using Too Much Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Dec 24

Returns On Capital Signal Tricky Times Ahead For Electronics Mart India (NSE:EMIL)

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...
Analysis Article Nov 14

Electronics Mart India Limited (NSE:EMIL) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

It's been a sad week for Electronics Mart India Limited ( NSE:EMIL ), who've watched their investment drop 16% to ₹166...
Analysis Article Jul 16

Returns On Capital At Electronics Mart India (NSE:EMIL) Paint A Concerning Picture

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...
Analysis Article Jun 17

Here's Why Electronics Mart India (NSE:EMIL) Can Manage Its Debt Responsibly

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article May 30

Electronics Mart India Limited (NSE:EMIL) Just Reported And Analysts Have Been Lifting Their Price Targets

Electronics Mart India Limited ( NSE:EMIL ) shareholders are probably feeling a little disappointed, since its shares...
Analysis Article Apr 04

Returns On Capital Signal Tricky Times Ahead For Electronics Mart India (NSE:EMIL)

What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Analysis Article Mar 02

Do Electronics Mart India's (NSE:EMIL) Earnings Warrant Your Attention?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Nov 21

Returns On Capital At Electronics Mart India (NSE:EMIL) Paint A Concerning Picture

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

CEO Compensation Analysis

How has Karan Bajaj's remuneration changed compared to Electronics Mart India's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

₹1b

Dec 31 2025n/an/a

₹936m

Sep 30 2025n/an/a

₹975m

Jun 30 2025n/an/a

₹1b

Mar 31 2025₹24m₹24m

₹2b

Dec 31 2024n/an/a

₹2b

Sep 30 2024n/an/a

₹2b

Jun 30 2024n/an/a

₹2b

Mar 31 2024₹30m₹24m

₹2b

Dec 31 2023n/an/a

₹2b

Sep 30 2023n/an/a

₹2b

Jun 30 2023n/an/a

₹1b

Mar 31 2023₹24m₹24m

₹1b

Dec 31 2022n/an/a

₹1b

Sep 30 2022n/an/a

₹1b

Jun 30 2022n/an/a

₹1b

Mar 31 2022₹39m₹24m

₹1b

Mar 31 2021n/an/a

₹586m

Mar 31 2020₹48mn/a

₹816m

Compensation vs Market: Karan's total compensation ($USD250.63K) is about average for companies of similar size in the Indian market ($USD256.85K).

Compensation vs Earnings: Karan's compensation has been consistent with company performance over the past year.


CEO

Karan Bajaj (39 yo)

7.7yrs
Tenure
₹24,000,000
Compensation

Mr. Karan Bajaj serves as the Chief Executive Officer and Whole-Time Director since October 01, 2018 at Electronics Mart India Limited. He has cleared the examination of the degree course of bachelor s of...


Leadership Team

NamePositionTenureCompensationOwnership
Karan Bajaj
CEO & Whole-Time Director7.7yrs₹24.00m32.54%
₹ 12.7b
Premchand Devarakonda
Chief Financial Officer6.3yrs₹9.75mno data
Sandeep Jolly
Chief Operating Officerno data₹10.80mno data
Annapurna Kuchibhatla
Chief Technical Officer6.4yrs₹4.42mno data
Rajiv Kumar
Company Secretary & Compliance Officerno data₹4.00mno data
Giridhar Chilamkurthi
Vice President of Salesno data₹5.33mno data
Astha Bajaj
Whole-Time Directorno data₹15.00m0.0034%
₹ 1.3m
Himanshu Mishra
Vice President of Sales1.9yrs₹6.21mno data
Vishal Singh
Chief Marketing Officer5.8yrsno datano data
Nammi Kiran
Chief Human Resource Officer8.6yrsno datano data
Rishabh Jain
Category Head of Audio & Beyond3.1yrsno datano data
6.3yrs
Average Tenure
46yo
Average Age

Experienced Management: EMIL's management team is seasoned and experienced (6.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Karan Bajaj
CEO & Whole-Time Director7.7yrs₹24.00m32.54%
₹ 12.7b
Astha Bajaj
Whole-Time Director7.7yrs₹15.00m0.0034%
₹ 1.3m
Pavan Bajaj
Chairman & MD7.7yrs₹22.00m32.63%
₹ 12.8b
Mirza Ghulam Baig
Independent Director7.5yrs₹1.85mno data
Jyotsna Angara
Independent Director4.1yrs₹1.50mno data
Gurdeep Singh
Non Executive Independent Director2.9yrs₹1.70mno data
7.6yrs
Average Tenure
65yo
Average Age

Experienced Board: EMIL's board of directors are considered experienced (7.6 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/11 07:12
End of Day Share Price 2026/06/11 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Electronics Mart India Limited is covered by 11 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null null360 ONE Capital Market Private Limited
Akhil Parekh360 ONE Capital Market Private Limited
null nullAnand Rathi Shares and Stock Brokers Limited