GNG Electronics Limited share price

NSE: EBGNG · ISIN INE18JU01028

Key numbers

Market cap
₹ 7,627 Cr
Current price
₹ 669.00
52-week high / low
₹ 730 / 239
Stock P/E
53.8
Book value
₹ 66.5
Dividend yield
0.00%
ROCE
20.0%
ROE
26.7%
Debt to equity
0.59
Sales growth (3 yrs)
43.1%
Profit growth (3 yrs)
59.7%
1-year return
79.3%

About GNG Electronics Limited

GNG Electronics Limited refurbishes, repairs, and sells laptops, desktops, tablets, servers, smartphones, mobile workstations, and accessories in India. The company offers other value added services, such as Information Technology Asset Disposition (ITAD) and e-waste management services, warranties, doorstep service, on–site installation, flexible pay options, easy upgrades, assured buyback programs, and buyback programs for refurbished Information and communication technology devices. It exports its products to North America, South America, Asia, the Asia Pacific, Europe, Africa, and the Middle East. The company was incorporated in 2006 and is based in Mumbai, India.

Quarterly results

Consolidated figures in ₹ crores

Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales312440487652412
Operating profit3247546349
Net profit1933394229
EPS (₹)1.622.783.343.702.54

Concall summary (2026-08-05)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • As previously highlighted, IDC now projects global PC shipments to decline 11.3% for full year 2026 with conditions expected to worsen in the second half, driving a 20% year-on-year decline in that period alone.
  • GNG Electronics Limited July 30, 2026 EBITDA for the quarter stood at INR52.8 crores, with EBITDA margin at 12.8%, an improvement of 156 basis points year-on-year compared to 11.3% in Q1 FY26.

Growth & demand

  • Revenue grew 32% year-on-year to INR412.5 crores, supported by healthy demand across India and our international markets, particularly the United States, Europe, and the Middle East.
  • Consolidated revenue for the quarter stood at INR412.5 crores, representing a year-on-year growth of 32%.

Margins & costs

  • Gross margin expanded to 24.65%, improving by 329 basis points over last year and 542 basis points over the previous quarter.
  • Gross profit for the quarter stood at INR101.6 crores, with gross margin expanding to 24.65%, an improvement of 329 basis points year-on-year and 542 basis points sequentially.

Capex & expansion

  • They believe this market can grow 4 to 5 times over the coming years and they are investing in that belief alongside us.
  • Our teammates, our biggest asset, have grown to 2,420 as of June 2026, up from 2,148, reflecting continued investment in production, sales, and customer support.

Balance sheet & cash

  • So, in terms of net debt that we had at the end of last quarter, the net debt, the working capital employed is almost similar, the same size of working capital, but in terms of net debt, the net debt has increased by about INR100-odd crores.
  • Also, in our business, we don't have any fixed capital worth talking about, there are no machinery involved, there are no other things, so the business is working capital heavy.

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