Retail - Electronics Stocks in India

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is guarded: positive earnings, positive 5–60% three-year EPS growth, and a positive P/E are required.

Revenue Scale & Growth Durability

Electronics Mart India Ltd has the highest Revenue among the 3 Retail - Electronics companies compared here, at ₹7,183 crore. Aditya Vision Ltd is next at ₹2,672 crore. Cellecor Gadgets Ltd has the highest Revenue growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: Electronics Mart India Ltd is the scale leader at ₹7,183 crore, 168.8% ahead of Aditya Vision Ltd. Cellecor Gadgets Ltd's growth is stored at the ≥100% scoring cap; the uncapped TTM change is 202.5% from a ₹2,317 crore base, with 8 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

Investor read: Electronics Mart India Ltd is the scale benchmark; Cellecor Gadgets Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Electronics Mart India Ltd's growth falls below Cellecor Gadgets Ltd's for two consecutive comparable reports while operating margin also compresses.

Operating Economics & Margin Trend

Aditya Vision Ltd has the highest OPM among the 3 Retail - Electronics companies compared here, at 8%. Electronics Mart India Ltd is next at 7%. Cellecor Gadgets Ltd has the highest Margin change at +1 percentage points, so level and change sit with different companies. 3 of 3 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Aditya Vision Ltd leads opm at 8%; Cellecor Gadgets Ltd leads margin change at +1 percentage points.

Investor read: Aditya Vision Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Profit Scale & Acceleration

Aditya Vision Ltd has the highest Net profit among the 3 Retail - Electronics companies compared here, at ₹117 crore. Electronics Mart India Ltd is next at ₹108 crore. Cellecor Gadgets Ltd has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: Aditya Vision Ltd leads with ₹117 crore of TTM profit, 8.3% above Electronics Mart India Ltd. Cellecor Gadgets Ltd shows ≥100% on the scoring scale (195.8% uncapped) growth from a ₹71 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

Investor read: Aditya Vision Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Capacity Spending & Returns On It

Cellecor Gadgets Ltd has the highest CAPEX among the 3 Retail - Electronics companies compared here, at ₹0 crore. The same company also holds the highest CAPEX intensity, at 0%. 1 of 3 companies report a comparable reading, the latest through Mar 2026. Its CAPEX series carries 6 reported observations across the 20-quarter window.

What the numbers say: Cellecor Gadgets Ltd reports ₹0 crore of CAPEX; Cellecor Gadgets Ltd has the highest covered intensity at 0%. Coverage is only 1 of 3 companies and 6 reported observations, so this is partial evidence—not a complete sector rank.

Investor read: Use the CAPEX rank as a diligence queue. Verify commissioning, utilization, cash conversion and post-investment ROCE before treating spend as value creation.

This conclusion weakens if: CAPEX rises without higher utilization, operating cash flow or incremental returns.

Debt Load & Balance-Sheet Headroom

Cellecor Gadgets Ltd has the lowest Gross debt among the 3 Retail - Electronics companies compared here, at ₹142 crore. Aditya Vision Ltd is next at ₹573 crore. The same company also holds the lowest Net debt, at ₹111 crore. 3 of 3 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Cellecor Gadgets Ltd has the clearest covered balance-sheet capacity with ₹111 crore and gross debt of ₹142 crore. Absolute debt alone does not identify the strongest balance sheet because company scale differs; net debt and debt-to-equity carry more information.

Investor read: Prioritize net-cash capacity and leverage relative to operating scale, not the smallest absolute rupee debt.

This conclusion weakens if: Net debt rises faster than revenue and profit for two consecutive reported periods.

Return On Capital Employed

Cellecor Gadgets Ltd has the highest ROCE among the 3 Retail - Electronics companies compared here, at 22.6%. Aditya Vision Ltd is next at 17%. Aditya Vision Ltd has the highest ROCE change at -1.6 percentage points, so level and change sit with different companies. 3 of 3 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Cellecor Gadgets Ltd leads ROCE at 22.6%, 5.6 percentage points above Aditya Vision Ltd. Aditya Vision Ltd has the strongest latest improvement at -1.6 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

Investor read: Cellecor Gadgets Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

Valuation Against Growth & Quality

Aditya Vision Ltd has the lowest Guarded PEG among the 3 Retail - Electronics companies compared here, at 3.69×. Cellecor Gadgets Ltd has the lowest P/E at 18.9×, so level and change sit with different companies. 1 of 3 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Aditya Vision Ltd has the lowest comparable Guarded PEG at 3.69×. Only 1 of 3 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

Enterprise Value & Book Value

Cellecor Gadgets Ltd has the lowest EV/EBITDA among the 3 Retail - Electronics companies compared here, at 9.8×. Electronics Mart India Ltd is next at 12.8×. Electronics Mart India Ltd has the lowest P/BV at 3.07×, so level and change sit with different companies. 3 of 3 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Cellecor Gadgets Ltd leads ev/ebitda at 9.8×; Electronics Mart India Ltd leads p/bv at 3.07×.

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.

Market action

Aditya Vision Ltd has the strongest one-year price move in Retail - Electronics at +64.5%. It also leads on Mansfield relative strength against NIFTY at +21%. 3 of 3 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-17.

What can make this comparison misleading?

This Retail - Electronics comparison names 7 specific ways its own evidence can mislead, all listed below. All 3 companies here report on comparable dates, so no rank carries a stale marker. 1 draws at least one figure from a second feed with too little overlap to cross-check. 1 has second-feed figures withheld because the two sources disagree.

Which companies are included?

All 3 companies in the canonical Retail - Electronics membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. The charts above default to a selective view; this register is the complete set, with each company's own latest reporting date beside it.

AHEAD means the company is beating the index by 5% or more over three months. LAGGING, FUNDAMENTALS UP means it is 20% or more behind over a year while its trailing twelve-month earnings grew 20% or more. Both rules are fixed and applied the same way in every sector.

How was this comparison built?

This comparison is built from the reported filings of 3 Retail - Electronics companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Mar 2026 and market data through 2026-07-24. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from. Every company's standing is listed in the register above.

Retail - Electronics company comparison FAQs

These 17 answers restate the Retail - Electronics comparison above in question form. Every one is computed from the same 3 companies and the same reported filings as the rankings and charts, current through Mar 2026. Price and relative-strength answers run through 2026-07-24. Nothing here is estimated, and none of it is a recommendation.