Electronics Mart India Ltd (EMIL) Q4FY26 Management Mirror - Mar-2026 Qtr
Store Expansion & Capex
The FY27 store addition target was revised downwards in the Mar'26 Qtr to approximately 20 organic stores across NCR and the South (7-8 each) plus 5-7 stores in Kolkata by late Q2/early Q3, compared to the initial Sep'25 Qtr expectation of 30 generic additions. The targeted new geography also shifted sequentially; the Dec'25 Qtr cited Odisha or Western UP as potential new markets capped at 10 stores, but the Mar'26 Qtr finalized Kolkata as the Eastern base with a dedicated real estate capex cap of INR 50 crore for the year. [Status: Downgraded]
3 more themes on the ELITE plan.