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Last Updated on: 30 May, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Electronics Mart India Ltd

About the Company - Electronics Mart India Ltd

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.
INDUSTRYADDRESSCONTACT
Consumer ElectronicsD. No: 6-1-91, Shop No. 10, Ground Floor, Hyderabad Telangana 500004communications@bajajelectronics.in
http://www.electronicsmartindia.com
Management
NamePosition Held
Mr. Pavan Kumar BajajChairman & Managing Director
Mr. Karan BajajWholeTime Director & CEO
Mrs. Astha BajajWhole Time Director
Mr. Mirza Ghulam Muhammad BaigIndependent Director
Mr. Anil Rajendra NathIndependent Director
Mrs. Jyotsna AngaraIndependent Director

Basic Stock Data of Electronics Mart India Ltd

Last Updated: May 30, 2024, 6:09 am

Market Cap 8,718 Cr.
Current Price 227
High / Low245/72.3
Stock P/E48.6
Book Value 33.3
Dividend Yield0.00 %
ROCE12.0 %
ROE13.8 %
Face Value 10.0
PEG Ratio5.86

Electronics Mart India Ltd Quarterly Results

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales9301,2651,2311,4081,2281,4821,3281,6891,3131,789
Expenses8601,1881,1421,3111,1521,4091,2371,5591,2171,673
Operating Profit7077899775739113097115
OPM %8%6%7%7%6%5%7%8%7%6%
Other Income2112135222
Interest20222324232527272329
Depreciation17181920212223252526
Profit before tax34374855323046815062
Tax %25%26%26%26%26%26%22%25%25%26%
Net Profit25283541242236603746
EPS in Rs0.840.921.181.360.800.570.941.570.971.19

Last Updated: May 6, 2024, 9:35 pm

Electronics Mart India Ltd Quarterly Chart

Electronics Mart India Ltd Profit & Loss

Last Updated: May 2, 2024, 5:01 am

MonthMar 2020Mar 2021Mar 2022Mar 2023TTM
Sales3,1723,2024,3495,4465,812
Expenses2,9452,9984,0575,1105,422
Operating Profit228204292336390
OPM %7%6%7%6%7%
Other Income-1541113
Interest63728599102
Depreciation5158718595
Profit before tax11280140163207
Tax %27%26%26%25%
Net Profit8259104123156
EPS in Rs2.721.953.463.194.05
Dividend Payout %0%0%0%0%

Electronics Mart India Ltd Profit & Loss Yearly Chart

Electronics Mart India Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:20%
TTM:14%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:12%
TTM:47%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:%
1 Year:190%
Return on Equity
10 Years:%
5 Years:%
3 Years:15%
Last Year:14%

Last Updated: May 23, 2024, 3:25 pm

Electronics Mart India Ltd Balance Sheet

Last Updated: May 2, 2024, 5:01 am

MonthMar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital300300300385385
Reserves133192297800897
Borrowings8729681,1491,4321,104
Other Liabilities4364877899
Total Liabilities1,3481,5241,8322,6942,485
Fixed Assets2236747851,1421,194
CWIP3512241425
Investments00000
Other Assets7748481,0231,5381,266
Total Assets1,3481,5241,8322,6942,485

Electronics Mart India Ltd Reserves and Borrowings Chart

Electronics Mart India Ltd Cash Flow

MonthMar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 3664116-1
Cash from Investing Activity -70-60-68-301
Cash from Financing Activity 71-56-49470
Net Cash Flow36-52-1169

Electronics Mart India Ltd Financial Efficiency Indicators

MonthMar 2020Mar 2021Mar 2022Mar 2023
Debtor Days1011109
Inventory Days54636060
Days Payable1132
Cash Conversion Cycle63736667
Working Capital Days65817076
ROCE %11%14%12%

Electronics Mart India Ltd Financial Efficiency Indicators Chart

Electronics Mart India Ltd Share Holding Pattern

MonthSep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters77.97%77.97%77.97%77.97%72.97%72.97%72.97%
FIIs2.48%3.11%3.38%3.44%4.51%4.99%5.12%
DIIs7.51%9.12%10.36%10.92%15.18%16.50%16.73%
Public12.04%9.82%8.28%7.67%7.34%5.54%5.18%
No. of Shareholders1,20,4671,02,04996,65689,74785,85184,11685,259

Electronics Mart India Ltd Shareholding Pattern Chart

No. of Electronics Mart India Ltd Shareholders

Electronics Mart India Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
Motilal Oswal Flexi Cap Fund12,500,0002.93237.81
Nippon India Flexi Cap Fund8,357,5333.28159
Nippon India Multi Cap Fund5,902,5610.54112.3
Nippon India Value Fund5,246,1141.7799.81
Mirae Asset Great Consumer Fund3,200,0002.360.88
Mirae Asset Midcap Fund2,596,1710.4249.39
Union Small Cap Fund2,121,9783.5540.37
Mirae Asset Hybrid Equity Fund2,102,2590.5340
HSBC Small Cap Fund - Regular Plan2,000,0000.3338.05
Mahindra Manulife Small Cap Fund1,831,7221.5634.85

Electronics Mart India Ltd ROCE Trend

Electronics Mart India Ltd EPS Trend

Electronics Mart India Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.00
Basic EPS (Rs.)3.633.461.952.72
Diluted EPS (Rs.)3.633.461.952.72
Cash EPS (Rs.)5.415.843.894.41
Book Value[Excl.RevalReserv]/Share (Rs.)30.7819.8816.4014.44
Book Value[Incl.RevalReserv]/Share (Rs.)30.7819.8816.4014.44
Revenue From Operations / Share (Rs.)141.54144.97106.73105.75
PBDIT / Share (Rs.)9.029.866.987.80
PBIT / Share (Rs.)6.807.485.046.11
PBT / Share (Rs.)4.244.662.653.74
Net Profit / Share (Rs.)3.193.461.952.72
NP After MI And SOA / Share (Rs.)3.193.461.952.72
PBDIT Margin (%)6.376.796.537.38
PBIT Margin (%)4.805.154.725.78
PBT Margin (%)2.993.212.483.53
Net Profit Margin (%)2.252.381.832.57
NP After MI And SOA Margin (%)2.252.381.832.57
Return on Networth / Equity (%)10.3617.4111.9118.84
Return on Capital Employeed (%)13.4019.0715.7921.99
Return On Assets (%)4.555.693.846.05
Long Term Debt / Equity (X)0.080.090.120.14
Total Debt / Equity (X)0.610.991.111.20
Asset Turnover Ratio (%)2.412.602.230.00
Current Ratio (X)1.901.461.421.40
Quick Ratio (X)0.850.510.560.62
Interest Coverage Ratio (X)3.523.492.923.70
Interest Coverage Ratio (Post Tax) (X)2.252.231.822.41
Enterprise Value (Cr.)3078.280.000.000.00
EV / Net Operating Revenue (X)0.560.000.000.00
EV / EBITDA (X)8.870.000.000.00
MarketCap / Net Operating Revenue (X)0.460.000.000.00
Price / BV (X)2.160.000.000.00
Price / Net Operating Revenue (X)0.460.000.000.00
EarningsYield0.040.000.000.00

Electronics Mart India Ltd Profitability Ratios (%)

Electronics Mart India Ltd Liquidity Ratios

Electronics Mart India Ltd Liquidity Ratios (%)

Electronics Mart India Ltd Interest Coverage Ratios (%)

Electronics Mart India Ltd Valuation Ratios

Fair Value

Fair Value: ₹227.80

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.

Undervalued: 0.35% compared to the current price ₹227

Intrinsic Value: ₹246.68

Calculation basis:

  • Fair 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 fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 8.67% compared to the current price ₹227

Last 5 Year EPS CAGR: 8.29%

*Investments are subject to market risks

Strength and Weakness of Electronics Mart India Ltd Stock

StrengthWeakness
  1. The company has shown consistent growth in sales (4.00 cr) and profit (140.40 cr) over the years.
  1. The stock has a low average ROCE of 9.25%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 73.00, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 67.25, which may not be favorable.
  4. The company has higher borrowings (1,105.00) compared to reserves (463.80), which may suggest financial risk.

FAQ

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

The latest fair value of Electronics Mart India Ltd is ₹227.80.

What is the Market Cap of Electronics Mart India Ltd?

The Market Cap of Electronics Mart India Ltd is 8,718 Cr..

What is the current Stock Price of Electronics Mart India Ltd as on 30 May 2024?

The current stock price of Electronics Mart India Ltd as on 30 May 2024 is ₹227.

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 245/72.3.

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

The Stock P/E of Electronics Mart India Ltd is 48.6.

What is the Book Value of Electronics Mart India Ltd?

The Book Value of Electronics Mart India Ltd is 33.3.

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 12.0 %.

What is the ROE of Electronics Mart India Ltd?

The ROE of Electronics Mart India Ltd is 13.8 %.

What is the Face Value of Electronics Mart India Ltd?

The Face Value of Electronics Mart India Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Electronics Mart India Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE