Electronics Mart India Limited has officially informed the stock exchanges about the commencement of commercial operations for a new multi-brand retail store. The new outlet, operating under the brand name ‘BAJAJ ELECTRONICS’, opened on May 12, 2026. Located in Palakol, Andhra Pradesh, the store spans a significant retail area of approximately 5,200 square feet.

The new Palakol facility is situated at MG Road, specifically at address 16-4-44, 16-4-45 & 16-4-46, Survey No. 210 & 210/A. This expansion is part of the company’s continuous effort to strengthen its physical presence in South India. The intimation was filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Electronics Mart India Limited is one of the largest premier electronics retailers in India, originally founded as a sole proprietorship under the name ‘M/s. Bajaj Electronics’ in 1980. The company manages a diverse portfolio of brands, including Bajaj Electronics, Easy Kitchens, Kitchen Stories, and Audio & Beyond. In 2025, the company reached a milestone of 200 operational stores and forged strategic collaborations with high-end brands like Gallo Acoustics and Alta Labs.

For the quarter ended December 31, 2025, the company reported a total revenue of ₹1,943.45 Crores, representing a 3.0% year-on-year growth. The net profit for the same period stood at ₹29.65 Crores, which was an 83.71% increase compared to the previous quarter but an 11.49% decline from the corresponding quarter of the previous year. Notable institutional investors in the company include the SBI Small Cap Fund, which held approximately 6.91% as of June 2025, and the Nippon India Multi Cap Fund.