GNG Electronics Targets 25%+ Revenue Growth with Global Expansion Strategy

2 min read     Updated on 04 Nov 2025, 08:52 PM
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Reviewed by
Radhika SScanX News Team
Overview

GNG Electronics has announced a global expansion plan aimed at achieving over 25% year-on-year revenue growth. The company plans to expand its presence in ICT and consumer electronics sectors across new geographical markets. The strategy focuses on market expansion and operational efficiency improvements. Product diversification is a key component of the growth plan. Recent financial results show strong performance with Q2 FY26 revenue up 24.70%, EBITDA up 30.40%, and PAT up 41.60% year-on-year. The company reports ongoing demand for ICT products globally and is confident in sustaining strong revenue growth across domestic and international markets.

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*this image is generated using AI for illustrative purposes only.

GNG Electronics has unveiled an ambitious global expansion plan, aiming for a robust year-on-year revenue increase of over 25%. The company is set to broaden its footprint in the Information and Communications Technology (ICT) and consumer electronics sectors across new geographical markets.

Expansion Strategy

The company's growth strategy focuses on two key areas:

  1. Market Expansion: GNG Electronics is actively pursuing opportunities in new geographical markets, leveraging its expertise in ICT and consumer electronics.

  2. Operational Efficiency: The company is implementing measures to enhance its operational efficiency, which is expected to contribute to improved profit margins.

Product Diversification

As part of its growth strategy, GNG Electronics is emphasizing product diversification. This approach is aimed at:

  • Expanding its product portfolio
  • Catering to a wider range of customer needs
  • Reducing dependence on specific product lines

Financial Performance

The company's recent financial results reflect its growth trajectory:

Particulars (INR Cr) Q2 FY26 Q2 FY25 YoY Growth H1 FY26 H1 FY25 YoY Growth
Revenue from operations 439.90 352.60 24.70% 752.20 608.00 23.70%
EBITDA 46.80 35.90 30.40% 81.90 63.40 29.30%
EBITDA Margins 10.60% 10.20% 46 bps 10.90% 10.40% 47 bps
PAT 32.70 23.10 41.60% 51.20 35.20 45.30%
PAT Margins 7.40% 6.50% 88 bps 6.80% 5.80% 101 bps

The financial results demonstrate strong growth across key metrics:

  • Revenue from operations increased by 24.70% year-on-year in Q2 FY26
  • EBITDA grew by 30.40% year-on-year in Q2 FY26
  • PAT showed a significant increase of 41.60% year-on-year in Q2 FY26

Management Commentary

Mr. Sharad Khandelwal, Managing Director of GNG Electronics Limited, commented on the company's performance: "We are pleased to report another quarter of strong performance, with revenue growing 24.7% YoY and healthy improvement across all key profitability metrics. Our EBITDA margin expanded by 46 bps to 10.6%, while PAT margin improved by 88 bps to 7.4%, reflecting our continued emphasis on operational efficiency, stronger presence in existing markets, and strategic expansion into new geographies."

Future Outlook

GNG Electronics appears well-positioned for continued growth:

  • The company reports ongoing momentum in demand for ICT products across global markets
  • An expanding customer base and strong procurement network are strengthening its market position
  • Advanced facilities across India, the UAE, and the USA reinforce the company's commitment to global quality standards

Mr. Khandelwal expressed confidence in sustaining strong revenue growth, stating, "As demonstrated in our past performance, we see ample growth potential across both domestic and international markets."

As GNG Electronics pursues its ambitious expansion plans, investors and market watchers will be keen to observe how effectively the company executes its strategy and maintains its growth trajectory in the competitive ICT and consumer electronics sectors.

Historical Stock Returns for GNG Electronics

1 Day5 Days1 Month6 Months1 Year5 Years
+0.72%+15.67%-6.03%-4.34%-12.43%-12.43%

GNG Electronics Announces Successful Postal Ballot Results with All Resolutions Passed

2 min read     Updated on 04 Nov 2025, 05:48 PM
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Reviewed by
Naman SScanX News Team
Overview

GNG Electronics announced successful completion of its postal ballot process with all four critical resolutions receiving requisite majority approval from shareholders. The ESOP scheme resolutions passed with 96.20% support, while material related party transactions worth ₹550 crores received 97.39% approval, demonstrating strong shareholder confidence in the company's strategic initiatives.

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*this image is generated using AI for illustrative purposes only.

GNG Electronics Limited has successfully concluded its postal ballot process with all four resolutions receiving requisite majority approval from shareholders. The company announced the voting results on January 16, 2026, following the completion of e-voting that ended on January 15, 2026.

Voting Results Overview

The postal ballot process witnessed strong shareholder participation, with 55,863 total members on record as of the cut-off date. All four critical resolutions were passed with overwhelming support from shareholders.

Resolution Details Type Result
ESOP Scheme Alignment & Ratification Special Resolution Passed (96.20% in favour)
ESOP Extension to Subsidiaries Special Resolution Passed (96.20% in favour)
RPT with Electronics Bazaar FZC (₹300 cr) Ordinary Resolution Passed (97.39% in favour)
RPT between Subsidiaries (₹250 cr) Ordinary Resolution Passed (97.39% in favour)

ESOP Scheme Approvals

Both ESOP-related resolutions received strong endorsement from shareholders, with 96.20% voting in favour. The Electronics Bazaar Employees Stock Option Scheme 2024 has been successfully aligned with SEBI regulations and extended to subsidiary companies.

ESOP Parameters Details
Total Options Approved 57,00,575 employee stock options
Percentage of Capital 5.00% of post-listing share capital
Face Value ₹2.00 per equity share
Vesting Period Minimum 1 year, maximum 5 years
Exercise Period 2 years from vesting date

Material Related Party Transactions Approved

Shareholders overwhelmingly approved both material RPT resolutions with 97.39% support, enabling transactions worth ₹550.00 crores during FY 2025-26.

Transaction Details Amount Approval Rate
GNG Electronics - Electronics Bazaar FZC ₹300.00 crores 97.39% in favour
Electronics Bazaar FZC - Bright World Technologies ₹250.00 crores 97.39% in favour
Total RPT Value ₹550.00 crores Strong Shareholder Support

Voting Participation Analysis

The e-voting process demonstrated strong institutional and retail investor engagement across all shareholder categories.

Shareholder Category Total Shares Votes Polled Participation Rate
Promoter & Promoter Group 89,736,705 89,042,820 99.23%
Public Institutions 8,051,193 5,740,956 71.31%
Public Non-Institutions 16,223,619 4,854,203 29.92%
Total 114,011,517 99,637,979 87.39%

Corporate Governance Excellence

The postal ballot process was conducted under the supervision of M/s. Nishant Bajaj & Associates as scrutinizer, ensuring transparency and compliance with regulatory requirements. The company utilized Bigshare Services Private Limited for e-voting platform services.

Process Timeline Date/Details
Postal Ballot Notice Date December 12, 2025
E-voting Commencement December 17, 2025 (9:00 AM IST)
E-voting Conclusion January 15, 2026 (5:00 PM IST)
Results Announcement January 16, 2026
Cut-off Date December 12, 2025

The successful completion of the postal ballot process strengthens GNG Electronics' strategic initiatives, particularly in employee incentivization through ESOP schemes and business expansion through approved related party transactions. The strong shareholder support across all resolutions reflects confidence in the company's growth strategy and governance practices.

Historical Stock Returns for GNG Electronics

1 Day5 Days1 Month6 Months1 Year5 Years
+0.72%+15.67%-6.03%-4.34%-12.43%-12.43%

More News on GNG Electronics

1 Year Returns:-12.43%