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Earnings Call

GNG Electronics Earnings Call: Key Takeaways

GNG Electronics delivered record FY26 performance with 34% revenue growth and 91% PAT growth, driven by a structural shift toward refurbished PCs and strategic inventory positioning.

Why this was an Alfa AlertRevenue and PAT: Management stated they 'by far exceeded both the original guidance... as well as the revised guidance' for both growth and profitability.
Highlights
Revenue growth34% YoY for FY26; 43% YoY for Q4.
MarginsEBITDA margin improved 166bps to 10.6% in FY26.
Demand visibilityStrong; 55-60M unit gap in new PC market.
Management confidenceHigh; cited structural tailwinds and circular economy shift.

Growth

FY26 revenue grew 34% to ₹1,891cr; PAT grew 91% to ₹132cr. Q4 revenue surged 43% YoY.

Outlook

FY27 guidance: 25% revenue growth and 50bps PAT margin expansion. Scaling refurbishment capacity to 150k units/month.

Risks

Extreme global component shortages (SSD, RAM, processors); potential working capital pressure from elevated inventory levels.

Source

Earnings Call filed with NSE, NSE: EBGNG. Summary written with AI assistance from the document.

Read the document ↗

GNG Electronics Ltd: key numbers

Share price
₹669.00
Market cap
₹7,627 Cr
Revenue (annual)
₹1,891 Cr
Net profit (annual)
₹131.6 Cr
P/E (TTM)
53.5×Sector 80.0×
Promoter holding
74.77%-3.94% QoQ
FII holding
5.27%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Value
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Earnings Call

GNG Electronics Investor Presentation: Key Takeaways

GNG Electronics delivered strong Q1 FY27 results with 32% revenue growth and significant margin expansion driven by international demand and strategic inventory positioning amid memory shortages.

Call
Guides 30% growth