The Company has submitted the transcript of the earnings conference call held on 05th November 2026 to discuss the Un-Audited Financial Results for the Second quarter and First Half Year ended on 30th September 2026.

BAJAJS ELECTRONICS Listing Manager, The Secretary, The National Stock Exchange of India Ltd., BSE Limited, (Through NEAPS) (Through BSE Listing Centre) Symbol: EMIL Scrip Code: 543626 Series: EQ ISIN: INE02YR01019 Dear Sir/ Madam, Subject: Disclosure of transcript of Earnings Conference Call for the Second Quarter and First Half Year ended 30th September 2026 held on 05th November 2026. Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the transcript of the earnings conference call held on Thursday, 05th November 2026, at 04:00 P.M. IST to discuss the Un-Audited Financial Results for the Second Quarter and First Half Year ended 30th September 2026. The same is also available on the website of the Company at the below-mentioned link: https://investors.electronicsmartindia.com/earning-call-transcripts-and-investors-presentation We request that you take this information on record. Thanking You, For and on behalf of Electronics Mart India Limited Rajiv Kumar Company Secretary and Compliance Officer Date: 10th November 2026 Place: Hyderabad ELECTRONICS" AUDIO & BEYONa KITCH: N' I EAsv· MART STORIES KITCH: NS Regd. Office: 6-1-91, Shop No. 10, Ground Floor, Corporate Office: M.No. 6-3-666/A1 to 7, Zonal Office: 3"' Floor, B-1/4 Janakpuri, Next to Telephone Bhavan, Secretariat Road, Opp. NIMS Hospital, Punjagutta Main Road, New Delhi, South West Delhi -110058 Saifabad, Hyderabad -500004 Hyderabad -500082. Ph: 040-23230244 Ph: 089777 91130 ELECTRONICS MART INDIA LIMITED CIN No.: L52605TG2018PLC126593 Electronics Ma.rt India LJ'mlted “Electronics Mart India Limited Q2 & H1 FY27 Earnings Conference Call” November 05, 2026 Electronics Mart India Umiledrr MANAGEMENT: MR. KARAN BAJAJ – CHIEF EXECUTIVE OFFICER – ELECTRONICS MART INDIA LIMITED MR. PREMCHAND DEVARAKONDA – CHIEF FINANCIAL OFFICER – ELECTRONICS MART INDIA LIMITED SGA, INVESTOR RELATIONS ADVISORS – ELECTRONICS MART INDIA LIMITED Page 1 of 12 Electronics Mart India Limited November 05, 2026 Moderator: Ladies and gentlemen, good day and welcome to the Q2 and H1 FY2027 earnings conference call for Electronics Mart India Limited. This conference call may contain forward-looking statements about the company, which are based on the beliefs, opinions, and expectations of the company as on date of this call. These statements are not the guarantees of future performance and may involve risks and uncertainties that are difficult to predict. As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing star then zero on your touch- tone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Karan Bajaj, Chief Executive Officer of Electronics Mart India Limited. Thank you, and over to you, sir. Karan Bajaj: Thank you very much. Good evening and a very warm welcome to everybody on the call. With me today, I have Mr. Premchand Devarakonda, our Chief Financial Officer, and SGA, our Investor Relations Advisors. We have uploaded our results, press release, and investor presentation for the quarter and the half year end 30th September 2026 on the Stock Exchanges and on the company's website. I hope everyone had the opportunity to go through them. H1 FY2027 has been a strong half for EMIL, and what stands out is how our growth came from different categories in each quarter. Q1 FY27 was led by air conditioners, and extended summer drove a sharp rise in AC sales, and large appliances made up to 48% of our revenue. Quarter two, in contrast, was led by mobile phones, which rose to 53% of our product revenue. Even so, with the mobile-heavy mix in Q2 FY27, we delivered an EBITDA margin of 6.9% and improvement of 180 bps year-on-year. It shows the strength of our premium positioning, our cost discipline, and that our margins do not depend on a single category and season. For the half as whole, revenue grew 30% to INR4,319 crores, EBITDA nearly doubled to INR369 crores, and an 8.6% margin, and PAT grew more than 4x to INR161 crores. We served 16.8 lakh customers’ bills, 20% more than last year, and same-store sales growth of H1 stood at 27.5%. In Q2 FY27, revenue grew 19% to INR1,900 crores, with same-store sales of 16.5% in what is seasonally a softer quarter between summer season and the festive period. Mobile grew 31%, supported by new launches and continued traction in existing models. Air conditioners grew at 52% as the extended summer carried into a quarter. Premium and emerging categories also delivered a strong double-digit growth. Built-in appliances grew at 35%, dishwashers grew at 41%, tablets grew at 52%, and wearables grew at 26%. Bill cuts were about 3%, while our average ticket size rose nearly 15% to over INR25,700. This reflects our strength in premium categories and the trust customers place in us for high-value purchases. For the half year, mobile phones contributed 45% of product revenue, large appliances 41%, and small appliances, IT, and other categories at 14%. The South market remains a scale profitable engine for us, with revenue up 28% in the first half of the year and EBITDA margins up 320 bps Page 2 of 12 Electronics Mart India Limited November 05, 2026 to 9.3%. In quarter two, Andhra Pradesh grew 24%, Telangana upcountry market grew at 17%, and our established Hyderabad city base at 16%. For the half year, Andhra Pradesh grew at 45%, Telangana grew at 33%, and Hyderabad city grew at 25%. The North cluster is on a similar path. Revenue grew 45% in Q2 and 36% in the first half of the year. The first half EBITDA margin in the North rose to 3.4% from 1% last year, as our stores mature and scale. We expect store productivity and margins here to continue moving towards South cluster benchmarks. Overall, same-store sales growth stood at 16.5% for Q2 FY2027 and 27.5% for the first half FY2027. Growth was broad-based, with SSG across our clusters ranging between 13% to 40%. This links directly to the theme I spoke about last quarter, the maturity of our network. Today, we operate 102 stores that are over four years old, delivering an EBITDA margin of 9.7%, and 127 stores that are less than four years old, which stood at 6.4%. More than half of our network is under four years old, so we expect margins to keep improving as the better product mix and operating leverages take effect. We ended the half year with 229 stores across 102 cities, comprising 222 MBO stores and seven EBO stores. With six net stores addition during the first half and a total retail area of 2 million sq ft, we have also expanded our network to 14 central warehousing to support the growth. Our entry into West Bengal, our next growth cluster, is progressing as planned. We are encouraged by the opportunity the market offers. With a disciplined approach to growth, we are well-positioned to capture this opportunity over time. Looking ahead, festive season demand is off to a strong start. We entered the season well-stocked across all categories. With a solid first half behind us, we remain firmly on track to deliver on our growth objective for the year. Our priorities remain unchanged, working capital efficiencies, disciplined expansion in existing and newer clusters, and the customer experience that has underpinned EMIL's growth for over four decades. With that, I will now request Premchand Devarakonda, our CFO, to take you through the detailed financial performance. Thank you. Premchand Devarakonda: Thank you, sir. Good evening, everyone. Let me take you through our financial performance for Q2 and H1 FY2027. Revenue from operations was INR1,900 crores, up by 19% year-on-year from INR1,591 crores. Retail sales grew by 19% to INR1,807 crores. Gross profit was INR293 crores, up by 31% from INR224 crores. Gross margin expanded by 130 bps [Showing first 8,000 characters — download PDF for full document]