• Margin outlook: EBITDA margins will stay in single digits, with the stable South cluster expanding by 20–30 bps from 6.5% following a strong summer and the North cluster moving from break-even to low single digits.
• Same-store sales growth: First-quarter same-store sales growth is projected to surpass 15%, supported by a low base caused by unseasonal rains in the previous year.
• Geographic expansion: Initial near-term expansion will focus on Eastern India with Kolkata as the base in the upcoming quarter, alongside phased entry into Western Uttar Pradesh.
• Product mix stability: The sales mix is expected to remain steady for the next three to four years at approximately 50% large appliances and televisions and 40–45% IT and mobile products, complemented by exclusive premium home entertainment brand imports.