GNG Electronics Ltd
NSE: EBGNG BSE: 544455
Incorporated in 2006, GNG Electronics Limited offers refurbishing services for laptops, desktops, and ICT Devices, both globally and in India.[1]
₹423
52W: ₹239 — ₹485
PE 121 · Book ₹44.3 · +855% vs bookMarket Cap₹4,822 Cr
Stock P/E121Price to Earnings
ROCE16.6%Return on Capital
ROE13.4%Return on Equity
Div. Yield0%Face Value ₹2
Strengths
- +Company has reduced debt.
- +Company is expected to give good quarter
- +Company has delivered good profit growth of 73.9% CAGR over last 5 years
Weaknesses
- −Stock is trading at 9.45 times its book value
- −Though the company is reporting repeated profits, it is not paying out dividend
- −Debtor days have increased from 33.0 to 45.0 days.
- −Company's cost of borrowing seems high
- −Working capital days have increased from 39.2 days to 124 days
Shareholding Pattern
Promoters78.71%
FIIs2.78%
DIIs5.2%
Public13.33%
| Category | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|
| Promoters | 78.71% | 78.71% | 78.71% |
| FIIs | 3.42% | 2.41%▼1.0 | 2.78%▲0.4 |
| DIIs | 4.62% | 4.67%▲0.0 | 5.2%▲0.5 |
| Public | 13.26% | 14.21%▲1.0 | 13.33%▼0.9 |
Financial Statements
| Metric | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 180 | 141 | 148 | 243 | 172 | 219 | 227 | 299 |
| Expenses | 164 | 132 | 137 | 227 | 152 | 203 | 207 | 274 |
| Operating Profit | 16 | 9 | 11 | 17 | 20 | 16 | 20 | 26 |
| OPM % | 9% | 6% | 7% | 7% | 12% | 7% | 9% | 9% |
| Net Profit | 5 | 3 | 3 | 9 | 10 | 8 | 10 | 12 |
| EPS ₹ | 1180.41 | 670.1 | 0.28 | 0.9 | 1.05 | 0.68 | 0.86 | 1.06 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹918Cr, up 29.1% YoY. OPM at 9%.
Debt Position
Borrowings at ₹139Cr. Debt-to-equity ratio: 0.29x. Healthy balance sheet.
Margin & Efficiency
ROCE improving from 0% (Mar 2020) to 17% (Mar 2026). Working capital days: 124.
Valuation
PE 121x with 16.6% ROCE. Price is 855% above book value of ₹44.3. Dividend yield: 0%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 11 May - GNG Electronics Limited has informed regarding the transcript of the Earnings Call with Analysts/Investors held on May 05, 2026
- Announcement under Regulation 30 (LODR)-Newspaper Publication 7 May - GNG Electronics Limited has informed regarding the Newspaper Publication in which the Financial Results of Company for quarter and year ended March 31, 2026 is …
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 5 May - Audio recording of Q4 and FY26 earnings conference call made available on company website.
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 5 May - GNG Electronics reported FY26 revenue ₹1,891.1 Cr, EBITDA ₹200.5 Cr and PAT ₹132.0 Cr.
- Appointment Of Internal Auditor 5 May - Board approved FY26 audited results, appointed internal auditor, and issued AED 20 million subsidiary guarantee.
- Rating update 8 Apr from care
- Rating update 13 Mar 2025 from care
- Transcript