Share of Electronics Mart India Limited is currently trading at around Rs.182/-. Investors are asking for Electronics Mart India Limited Share Price Targets from 2023 to 2030. In this article, we will discuss about the business prospects and financial performance of the Company and based on our discussion and analysis will tell you the Share Price Targets for the Company from 2023 to 2030.
Following are the frequently asked questions by the existing as well as prospective investors, about Electronics Mart India Limited. We will provide answers to all these questions in this article:
- Is Electronics Mart a good buy?
- Is EMIL good stock to buy?
- Is Electronic Mart share good for long term?
- What is the future prediction of Electronics Mart India?
Discussion & Analysis of Business & Financial performance as well as future business prospects of Electronics Mart India Limited:
Electronics Mart India Limited (EMIL) is a consumer electronics retailer with a presence in 10 states and union territories across India. The company offers a wide range of products, including televisions, refrigerators, washing machines, air conditioners, mobiles, laptops, and small appliances. EMIL also sells extended warranties and other value-added services.
Present Business Performance
EMIL has reported strong financial performance in recent years. In FY23, the company’s revenue grew by 7.1% YoY to Rs 1,315.69 crore, while its net profit increased by 3.68% YoY to Rs 170.95 crore.
The company’s growth in FY23 was driven by a number of factors, including:
- Strong demand for consumer electronics products in India
- EMIL’s expansion into new markets
- The company’s focus on omnichannel retail
EMIL has a strong omnichannel presence, with over 110 physical stores and a growing online platform. The company’s omnichannel strategy has helped it to reach a wider customer base and increase its sales.
EMIL’s profitability has also improved in recent years. The company’s net profit margin increased from 2.2% in FY22 to 2.39% in FY23. This improvement was driven by a number of factors, including:
- Cost optimization measures
- Increased sales of high-margin products
- Improved operational efficiency
Future Business Prospects
EMIL has a number of growth drivers in place, which are likely to support its future business prospects. These include:
- The growing Indian consumer electronics market: The Indian consumer electronics market is expected to grow at a CAGR of 10% over the next five years. This growth is being driven by a number of factors, including increasing urbanization, rising disposable incomes, and the growing popularity of e-commerce.
- EMIL’s expansion plans: EMIL plans to open 50 new stores in FY24 and FY25. This expansion will help the company to reach new markets and increase its customer base.
- EMIL’s focus on omnichannel retail: EMIL is committed to developing its omnichannel presence. The company plans to invest in its online platform and expand its click-and-collect and same-day delivery services.
In addition to these growth drivers, EMIL is also well-positioned to benefit from the following trends:
- The growing demand for premium consumer electronics products: Indian consumers are increasingly demanding premium consumer electronics products. EMIL is well-positioned to meet this demand, as it has a strong partnership with leading brands.
- The growing popularity of online shopping: Online shopping is becoming increasingly popular in India. EMIL’s omnichannel strategy will help the company to benefit from this trend.
- The government’s focus on infrastructure development: The Indian government is focusing on developing infrastructure, such as roads and highways. This is likely to boost the economy and increase consumer spending on consumer electronics products.
Overall, EMIL has a number of growth drivers and trends in place, which are likely to support its future business prospects. The company is well-positioned to benefit from the growing Indian consumer electronics market, its expansion plans, its focus on omnichannel retail, the growing demand for premium consumer electronics products, the growing popularity of online shopping, and the government’s focus on infrastructure development.
Challenges
Despite its strong growth prospects, EMIL also faces a number of challenges. These include:
- Competition from other consumer electronics retailers: The Indian consumer electronics market is highly competitive. EMIL faces competition from a number of other retailers, both online and offline.
- Rising inflation: Rising inflation could impact consumer spending on consumer electronics products.
- Supply chain disruptions: The global supply chain disruptions caused by the COVID-19 pandemic could continue to impact EMIL’s business in the near term.
Conclusion
Despite the challenges it faces, EMIL is well-positioned to grow in the future. The company has a number of growth drivers in place, including the growing Indian consumer electronics market, its expansion plans, and its focus on omnichannel retail. EMIL is also well-positioned to benefit from trends such as the growing demand for premium consumer electronics products and the growing popularity of online shopping
Share Price Targets:
Electronics Mart India Limited Share Price Target 2023
Based on the above discussion and analysis, the share price of Electronics Mart India Limited may touch the level of around Rs.185-200 in 2023.
Electronics Mart India Limited Share Price Target 2024
Based on the above discussion and analysis, the share price of Electronics Mart India Limited may touch the level of around Rs.210-250 in 2024
Electronics Mart India Limited Share Price Target 2025
Based on the above discussion and analysis, the share price of Electronics Mart India Limited may touch the level of around Rs.260-300 in 2025
Electronics Mart India Limited Share Price Target 2026
Based on the above discussion and analysis, the share price of Electronics Mart India Limited may touch the level of around Rs.310-350 in 2026
Electronics Mart India Limited Price Target 2027
Based on the above discussion and analysis, the share price of Electronics Mart India Limited may touch the level of around Rs.360-400 in 2027
Electronics Mart India Limited Price Target 2028
Based on the above discussion and analysis, the share price of Electronics Mart India Limited may touch the level of around Rs.410-450 in 2028
Electronics Mart India Limited Price Target 2029
Based on the above discussion and analysis, the share price of Electronics Mart India Limited may touch the level of around Rs.460-500 in 2029
Electronics Mart India Limited Price Target 2030
Based on the above discussion and analysis, the share price of Electronics Mart India Limited may touch the level of around Rs.510-550 in 2030
Disclaimer: Investment in Capital Market/Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general Guidance & Educational purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
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