GNG Electronics
- Market cap
- ₹ 7,914 Cr.
- P/E
- 54.6x
- P/B
- 10.14x
- 52-week range
- 239 – 740.4
- ROE
- 27%
- ROCE
- 20%
- Dividend yield
- 0%
- Debt / equity
- 0.59
- Sector
- IT - Hardware
- Industry
- Computers Hardware & Equipments
- Listed on
- NSE, BSE
About
GNG Electronics Limited is a global and Indian refurbisher of laptops, desktops, and information and communication technology (ICT) devices. The Company follows a repair over replacement approach, which provides cost advantages and helps achieve sustainability by reducing carbon footprint. It operates under the brand Electronics Bazaar, with presence across the full refurbishment value chain from sourcing to refurbishment to sales, to after-sales services and providing warranty. Its comprehensive process of refurbishment of ICT devices such as laptops, desktops, tablets, servers, premium smartphones, mobile workstations and accessories ensures that these devices resemble new ones in both performance and esthetics. This enables the Company to offer laptops at one-third the price of new devices, and other products like desktops, tablets, servers, smartphones, mobile workstations, and accessories at less than their original cost.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Computers Hardware & Equipments: 28 companies →GNG Electronics against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)54.6 against a typical 21.7: pricier than most peers (1st = cheapest).21st of 28
- Sales growth+32.1% against a typical +9.6% from a year earlier.7th of 21
- Profit growth+52.6% against a typical +16.3% from a year earlier.6th of 17
- Share price, 3 months+29.2% against a typical −4.7%.4th of 28
- Size₹ 7,914.3 Cr. market value against a typical ₹ 133.3 Cr. (1st = largest).1st of 25
Latest announcements
Exchange filings and their impact on the company.
- UAE subsidiary takes 2,239 sqm Sharjah facility on 25-year lease to expand refurbishing capacity.
Electronics Bazaar FZC, a subsidiary of GNG Electronics, has taken a 2,238.77 sq m refurbishment facility on lease in Sharjah Airport International Free Zone, UAE. The tenancy contract was fully executed on October 14, 2026 for 25 years from September 24, 2026, with yearly renewal. The company said the space is to meet increasing operational requirements and expand refurbishing capacity in the region.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Moderate safety, with caution
Rated BBB by CARE- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE BBB | Stable | 8 Apr 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 8 Apr 2026 | ▲ Upgrade | CARE BBB | — | CARE | ₹ 315.5 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 30 Jul 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 5 May 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2026 and other business matters |
| 5 Feb 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended December 31, 2025 and other business matters |
| 4 Nov 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
| 19 Aug 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2025 and other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 255 | 353 | 347 | 456 | 312 | 440 | 487 | 652 | 412 |
| Expenses | 230 | 320 | 317 | 428 | 280 | 393 | 433 | 588 | 363 |
| Operating Profit | 26 | 33 | 31 | 28 | 32 | 47 | 54 | 63 | 49 |
| OPM % | 10% | 9% | 9% | 6% | 10% | 11% | 11% | 10% | 12% |
| Other Income | 2 | 3 | 1 | 3 | 3 | 0 | 1 | 1 | 4 |
| Interest | 10 | 10 | 9 | 10 | 11 | 8 | 9 | 14 | 14 |
| Depreciation | 2 | 2 | 2 | 3 | 2 | 2 | 3 | 3 | 3 |
| Profit before tax | 16 | 24 | 21 | 18 | 22 | 36 | 43 | 46 | 36 |
| Tax % | 23% | 2% | 9% | 18% | 18% | 10% | 10% | 9% | 19% |
| Net Profit | 12 | 23 | 19 | 15 | 19 | 33 | 39 | 42 | 29 |
| EPS in Rs | 3,131.44 | 5,943.3 | 1.96 | 1.52 | 1.91 | 2.86 | 3.39 | 3.7 | 2.54 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 41%
- 3 Years
- 42%
- TTM
- 36%
- 10 Years
- —
- 5 Years
- 78%
- 3 Years
- 59%
- TTM
- 89%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 31%
- 3 Years
- 31%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| GNG Electronics | ₹ 724.00 | ₹ 7,914 Cr. | 54.6x | 10.1x | 27% | — |
| ABB India | ₹ 6,140.00 | ₹ 1,29,936 Cr. | 95.2x | 20.3x | — | 11.6% |
| Hitachi Energy India | ₹ 26,250.00 | ₹ 1,17,002 Cr. | 139x | 27.6x | 21% | 12.1% |
| CG Power and Industrial Solutions | ₹ 814.95 | ₹ 1,24,592 Cr. | 114.8x | 17.9x | 20.4% | 9.6% |
| Polycab India | ₹ 7,415.00 | ₹ 1,11,738 Cr. | 50x | 11.1x | 25.4% | 9.3% |
| Siemens | ₹ 3,250.00 | ₹ 1,15,739 Cr. | — | 9.4x | 11.7% | 8.5% |
Management
- Sarita Tufani Vishwakarma
- Company Secretary, Compliance Officer
- Sharad Khandelwal
- Managing Director, Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.