Share Price and Basic Stock Data

Last Updated: November 22, 2024, 11:20 pm

Market Cap	6,392 Cr.
Current Price	166
High / Low	262/154
Stock P/E	34.9
Book Value	38.2
Dividend Yield	0.00 %
ROCE	12.7 %
ROE	14.4 %
Face Value	10.0
PEG Ratio	4.21

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Electronics Mart India Ltd

Competitors of Electronics Mart India Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Industry Average	0 Cr	0		0	0	0%	0.59%	0.49%	0

All Competitor Stocks of Electronics Mart India Ltd

Quarterly Result

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Sales	930	1,265	1,231	1,408	1,228	1,482	1,328	1,689	1,313	1,789
Expenses	860	1,188	1,142	1,311	1,152	1,409	1,237	1,559	1,217	1,673
Operating Profit	70	77	89	97	75	73	91	130	97	115
OPM %	8%	6%	7%	7%	6%	5%	7%	8%	7%	6%
Other Income	2	1	1	2	1	3	5	2	2	2
Interest	20	22	23	24	23	25	27	27	23	29
Depreciation	17	18	19	20	21	22	23	25	25	26
Profit before tax	34	37	48	55	32	30	46	81	50	62
Tax %	25%	26%	26%	26%	26%	26%	22%	25%	25%	26%
Net Profit	25	28	35	41	24	22	36	60	37	46
EPS in Rs	0.84	0.92	1.18	1.36	0.80	0.57	0.94	1.57	0.97	1.19

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

Month	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	3,172	3,202	4,349	5,446	5,812
Expenses	2,945	2,998	4,057	5,110	5,422
Operating Profit	228	204	292	336	390
OPM %	7%	6%	7%	6%	7%
Other Income	-1	5	4	11	13
Interest	63	72	85	99	102
Depreciation	51	58	71	85	95
Profit before tax	112	80	140	163	207
Tax %	27%	26%	26%	25%
Net Profit	82	59	104	123	156
EPS in Rs	2.72	1.95	3.46	3.19	4.05
Dividend Payout %	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2020-2021	2021-2022	2022-2023
YoY Net Profit Growth (%)	-28.05%	76.27%	18.27%
Change in YoY Net Profit Growth (%)	0.00%	104.32%	-58.00%

Electronics Mart India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 3 years from 2020-2021 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	%
3 Years:	25%
TTM:	15%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	46%
TTM:	18%

Stock Price CAGR
10 Years:	%
5 Years:	%
3 Years:	%
1 Year:	-22%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	15%
Last Year:	14%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 12:34 am

Month	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	300	300	300	385	385	385
Reserves	133	192	297	800	985	1,084
Borrowings	872	968	1,149	1,432	1,570	1,490
Other Liabilities	43	64	87	78	120	110
Total Liabilities	1,348	1,524	1,832	2,694	3,059	3,069
Fixed Assets	223	674	785	1,142	1,356	1,494
CWIP	351	2	24	14	45	58
Investments	0	0	0	0	0	0
Other Assets	774	848	1,023	1,538	1,658	1,517
Total Assets	1,348	1,524	1,832	2,694	3,059	3,069

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	36	64	116	-1	160
Cash from Investing Activity +	-70	-60	-68	-301	-117
Cash from Financing Activity +	71	-56	-49	470	-161
Net Cash Flow	36	-52	-1	169	-118

Free Cash Flow

Month	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Free Cash Flow	-644.00	-764.00	291.00	335.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	10	11	10	9	11
Inventory Days	54	63	60	60	66
Days Payable	1	1	3	2	3
Cash Conversion Cycle	63	73	66	67	73
Working Capital Days	65	81	70	76	78
ROCE %		11%	14%	12%	13%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	77.97%	77.97%	77.97%	77.97%	72.97%	72.97%	72.97%	72.97%	65.17%
FIIs	2.48%	3.11%	3.38%	3.44%	4.51%	4.99%	5.12%	4.95%	8.80%
DIIs	7.51%	9.12%	10.36%	10.92%	15.18%	16.50%	16.73%	16.96%	18.93%
Public	12.04%	9.82%	8.28%	7.67%	7.34%	5.54%	5.18%	5.12%	7.10%
No. of Shareholders	1,20,467	1,02,049	96,656	89,747	85,851	84,116	85,259	84,095	1,03,669

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Motilal Oswal Flexi Cap Fund	12,500,000	2.93	237.81	3,200,000	2024-11-21	290.63%
Nippon India Flexi Cap Fund	8,357,533	3.28	159	3,200,000	2024-11-21	161.17%
Nippon India Multi Cap Fund	5,902,561	0.54	112.3	3,200,000	2024-11-21	84.46%
Nippon India Value Fund	5,246,114	1.77	99.81	3,200,000	2024-11-21	63.94%
Mirae Asset Great Consumer Fund	3,200,000	2.3	60.88	3,200,000	2024-11-21	0%
Mirae Asset Midcap Fund	2,596,171	0.42	49.39	3,200,000	2024-11-21	-18.87%
Union Small Cap Fund	2,121,978	3.55	40.37	3,200,000	2024-11-21	-33.69%
Mirae Asset Hybrid Equity Fund	2,102,259	0.53	40	3,200,000	2024-11-21	-34.3%
HSBC Small Cap Fund - Regular Plan	2,000,000	0.33	38.05	3,200,000	2024-11-21	-37.5%
Mahindra Manulife Small Cap Fund	1,831,722	1.56	34.85	3,200,000	2024-11-21	-42.76%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	4.78	3.63	3.46	1.95	2.72
Diluted EPS (Rs.)	4.78	3.63	3.46	1.95	2.72
Cash EPS (Rs.)	7.53	5.41	5.84	3.89	4.41
Book Value[Excl.RevalReserv]/Share (Rs.)	35.60	30.78	19.88	16.40	14.44
Book Value[Incl.RevalReserv]/Share (Rs.)	35.60	30.78	19.88	16.40	14.44
Revenue From Operations / Share (Rs.)	163.36	141.54	144.97	106.73	105.75
PBDIT / Share (Rs.)	11.94	9.02	9.86	6.98	7.80
PBIT / Share (Rs.)	9.20	6.80	7.48	5.04	6.11
PBT / Share (Rs.)	6.40	4.24	4.66	2.65	3.74
Net Profit / Share (Rs.)	4.78	3.19	3.46	1.95	2.72
NP After MI And SOA / Share (Rs.)	4.78	3.19	3.46	1.95	2.72
PBDIT Margin (%)	7.31	6.37	6.79	6.53	7.38
PBIT Margin (%)	5.62	4.80	5.15	4.72	5.78
PBT Margin (%)	3.91	2.99	3.21	2.48	3.53
Net Profit Margin (%)	2.92	2.25	2.38	1.83	2.57
NP After MI And SOA Margin (%)	2.92	2.25	2.38	1.83	2.57
Return on Networth / Equity (%)	13.43	10.36	17.41	11.91	18.84
Return on Capital Employeed (%)	15.53	13.40	19.07	15.79	21.99
Return On Assets (%)	6.01	4.55	5.69	3.84	6.05
Long Term Debt / Equity (X)	0.07	0.08	0.09	0.12	0.14
Total Debt / Equity (X)	0.52	0.61	0.99	1.11	1.20
Asset Turnover Ratio (%)	2.19	2.41	2.60	2.23	0.00
Current Ratio (X)	1.97	1.90	1.46	1.42	1.40
Quick Ratio (X)	0.73	0.85	0.51	0.56	0.62
Interest Coverage Ratio (X)	4.27	3.52	3.49	2.92	3.70
Interest Coverage Ratio (Post Tax) (X)	2.71	2.25	2.23	1.82	2.41
Enterprise Value (Cr.)	7999.12	3078.28	0.00	0.00	0.00
EV / Net Operating Revenue (X)	1.27	0.56	0.00	0.00	0.00
EV / EBITDA (X)	17.41	8.87	0.00	0.00	0.00
MarketCap / Net Operating Revenue (X)	1.17	0.46	0.00	0.00	0.00
Price / BV (X)	5.38	2.16	0.00	0.00	0.00
Price / Net Operating Revenue (X)	1.17	0.46	0.00	0.00	0.00
EarningsYield	0.02	0.04	0.00	0.00	0.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Electronics Mart India Ltd as of November 23, 2024 is: 195.82

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of November 23, 2024, Electronics Mart India Ltd is Undervalued by 17.96% compared to the current share price 166.00

Intrinsic Value of Electronics Mart India Ltd as of November 23, 2024 is: 212.05

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 23, 2024, Electronics Mart India Ltd is Undervalued by 27.74% compared to the current share price 166.00

Last 5 Year EPS CAGR: 8.29%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has shown consistent growth in sales (4.00 cr) and profit (140.40 cr) over the years.	The stock has a low average ROCE of 10.00%, which may not be favorable. The stock has a high average Working Capital Days of 74.00, which may not be favorable. The stock has a high average Cash Conversion Cycle of 68.40, which may not be favorable. The company has higher borrowings (1,246.83) compared to reserves (581.83), which may suggest financial risk.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Electronics Mart India Ltd:
1. Net Profit Margin: 2.92%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 15.53% (Industry Average ROCE: 0.59%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 13.43% (Industry Average ROE: 0.49%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 2.71
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.73
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 34.9 (Industry average Stock P/E: 0)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.52
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Electronics Mart India Ltd. is a Public Limited Listed company incorporated on 10/09/2018 and has its registered office in the State of Telangana, India. Company’s Corporate Identification Number(CIN) is L52605TG2018PLC126593 and registration number is 126593. Currently company belongs to the Industry of Consumer Electronics. Company’s Total Operating Revenue is Rs. 4349.32 Cr. and Equity Capital is Rs. 300.00 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Consumer Electronics	D. No: 6-1-91, Shop No. 10, Ground Floor, Hyderabad Telangana 500004	communications@bajajelectronics.in http://www.electronicsmartindia.com

Management
Name	Position Held
Mr. Pavan Kumar Bajaj	Chairman & Managing Director
Mr. Karan Bajaj	WholeTime Director & CEO
Mrs. Astha Bajaj	Executive Director
Mr. Mirza Ghulam Muhammad Baig	Independent Director
Col.(Retd.) Gurdeep Singh	Independent Director
Mrs. Jyotsna Angara	Independent Director

FAQ

What is the latest intrinsic value of Electronics Mart India Ltd?

The latest intrinsic value of Electronics Mart India Ltd as on 23 November 2024 is ₹195.82, which is 17.96% higher than the current market price of ₹166.00.

What is the Market Cap of Electronics Mart India Ltd?

The Market Cap of Electronics Mart India Ltd is 6,392 Cr..

What is the current Stock Price of Electronics Mart India Ltd as on 23 November 2024?

The current stock price of Electronics Mart India Ltd as on 23 November 2024 is 166.

What is the High / Low of Electronics Mart India Ltd stocks in FY 2024?

In FY 2024, the High / Low of Electronics Mart India Ltd stocks is 262/154.

What is the Stock P/E of Electronics Mart India Ltd?

The Stock P/E of Electronics Mart India Ltd is 34.9.

What is the Book Value of Electronics Mart India Ltd?

The Book Value of Electronics Mart India Ltd is 38.2.

What is the Dividend Yield of Electronics Mart India Ltd?

The Dividend Yield of Electronics Mart India Ltd is 0.00 %.

What is the ROCE of Electronics Mart India Ltd?

The ROCE of Electronics Mart India Ltd is 12.7 %.

What is the ROE of Electronics Mart India Ltd?

The ROE of Electronics Mart India Ltd is 14.4 %.

What is the Face Value of Electronics Mart India Ltd?

The Face Value of Electronics Mart India Ltd is 10.0.

Share Price and Basic Stock Data

Stock P/E, Current Price, and Intrinsic Value Over Time

Competitors of Electronics Mart India Ltd

Quarterly Result

Quarterly Chart

Profit & Loss - Annual Report

Profit & Loss Yearly Chart

YoY Net Profit Growth

Growth

Balance Sheet

Reserves and Borrowings Chart

Cash Flow

Free Cash Flow

Free Cash Flow Chart

Financial Efficiency Indicators

Financial Efficiency Indicators Chart

Share Holding Pattern

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

ROCE Trend

EPS Trend

Key Financial Ratios

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Strength and Weakness

Stock Analysis

About the Company - Qualitative Analysis

FAQ

What is the latest intrinsic value of Electronics Mart India Ltd?

What is the Market Cap of Electronics Mart India Ltd?

What is the current Stock Price of Electronics Mart India Ltd as on 23 November 2024?

What is the High / Low of Electronics Mart India Ltd stocks in FY 2024?

What is the Stock P/E of Electronics Mart India Ltd?

What is the Book Value of Electronics Mart India Ltd?

What is the Dividend Yield of Electronics Mart India Ltd?

What is the ROCE of Electronics Mart India Ltd?

What is the ROE of Electronics Mart India Ltd?

What is the Face Value of Electronics Mart India Ltd?

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