GNG Electronics
368.00
+5.45(+1.50%)
Market Cap₹4,195.62 Cr
PE Ratio39.45
Company Performance:
1D+1.50%
1M-4.60%
6M+4.53%
1Y+10.38%
5Y+10.38%
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More news about GNG Electronics
11Feb 26
GNG Electronics Reports Strong Q3FY26 Growth and Hosts Strategic Earnings Call
GNG Electronics delivered exceptional Q3FY26 performance with revenue reaching Rs 4.90 billion and PAT of Rs 387 million, representing 40% and 102.60% growth respectively. The company hosted an earnings call detailing favorable industry dynamics driven by AI adoption and memory price increases, announced strategic partnerships with major technology distributors, and revised its revenue guidance upward to 28-30%.
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05Feb 26
GNG Electronics Submits Q3FY26 Monitoring Agency Report for ₹400.00 Crore IPO Proceeds Utilization
GNG Electronics Limited submitted its Q3FY26 monitoring agency report showing utilization of ₹9.54 crore towards issue expenses from its ₹400.00 crore IPO proceeds. The company has cumulatively utilized ₹392.65 crore with ₹7.36 crore remaining unutilized in designated bank accounts. CARE Ratings Limited confirmed no deviations from offer document disclosures and noted completion of debt repayments for both parent company and subsidiary ahead of schedule.
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16Jan 26
GNG Electronics Announces Successful Postal Ballot Results with All Resolutions Passed
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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10Nov 25
GNG Electronics Reports Strong Q2 FY26 Results with 25% Revenue Growth, Expands Global Presence
GNG Electronics Limited, a leader in refurbished ICT devices, reported impressive Q2 FY26 results. Revenue reached Rs. 4,399.00 million, up 41% sequentially and 25% year-over-year. Gross margin improved to 19.90%, and profit after tax grew 42% year-over-year to Rs. 326.00 million. The company expanded operations to 42 countries, increased its workforce to 1,500, and plans to enter AI-driven computing infrastructure refurbishment. Their brand, Electronics Bazaar, now contributes 97% of revenue with full warranty coverage. GNG secured new facilities in India, UAE, and the US for advanced computing system refurbishment, positioning itself for growth in the AI and high-performance computing market.
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06Nov 25
GNG Electronics Maintains Growth Outlook Despite US Tariff Challenges
GNG Electronics has reaffirmed its 20-25% growth guidance during a recent conference call, despite facing headwinds from US tariffs. The company's management expressed confidence in its ability to navigate the complex landscape of international trade and maintain its growth trajectory amidst global trade pressures. This announcement demonstrates GNG Electronics' resilience and strategic preparedness in a volatile market environment.
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04Nov 25
GNG Electronics Targets 25%+ Revenue Growth with Global Expansion Strategy
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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01Oct 25
GNG Electronics Expands UAE Operations with New Ajman Facility
GNG Electronics Limited is expanding its UAE operations through its subsidiary, Electronics Bazaar (FZC). The company has leased a 1,017 square meter facility in Ajman for one year, starting September 26, 2025. Additionally, they've secured 750 square meters of refurbishment facilities in Sharjah. This expansion increases their total UAE refurbishment facility to 3,767 square meters and global refurbishment facility to 7,167 square meters, aimed at meeting growing operational needs and enhancing refurbishing and storage capacity in the region.
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19Aug 25
GNG Electronics Reports Strong Q1 FY2026 Results, Schedules Investor Call
GNG Electronics Limited, India's largest refurbisher of laptops and desktops, announced robust Q1 FY2026 financial results. Consolidated revenue increased by 22.3% to INR 3,122.79 crore, while profit after tax (PAT) grew by 52.4% to INR 185.20 crore compared to Q1 FY2025. EBITDA rose by 27.4% to INR 351.66 crore, with an improved margin of 11.3%. The company refurbished 590,787 devices in the past year and operates across 38 countries. GNG Electronics expanded operations to Dallas, Texas in 2024 and received the R2V3 certification for responsible recycling. An investor call is scheduled for August 19, 2025, to discuss results and future strategies.
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13Aug 25
GNG Electronics Schedules Q1FY26 Earnings Call and Board Meeting for August 19
GNG Electronics Limited has scheduled an earnings conference call on August 19, 2025, at 6:00 PM IST to discuss Q1FY26 results. A board meeting will be held on the same day to approve the financial results for the quarter ended June 30, 2025. The board will also consider enhancing corporate guarantees. The company, recently listed on NSE and BSE on July 30, 2025, has provided dial-in numbers for various countries. The trading window, closed since July 30, will reopen 48 hours after the results declaration.
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30Jul 25
GNG Electronics Appoints Sarita Tufani Vishwakarma as Company Secretary and Compliance Officer
GNG Electronics Limited has appointed Ms. Sarita Tufani Vishwakarma as Company Secretary and Compliance Officer. She assumed the role of Company Secretary on October 8, 2024, and Compliance Officer on November 22, 2024. Ms. Vishwakarma, an associate member of the Institute of Company Secretaries of India, will oversee compliance and secretarial functions. The company also announced the closure of its trading window from July 30, 2025, until 48 hours after the announcement of Q2 2025 financial results.
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GNG Electronics
368.00
+5.45
(+1.50%)
1 Year Returns:+10.38%
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