| Revenue guidance | 25.0% → 30.0% Raised by 5.0 percentage points |
|---|---|
| Management target | Revenue 30.0% FY27 |
| Revenue growth | 32% YoY growth driven by India and US/Europe markets. |
|---|---|
| Margins | Gross margin expanded to 24.65% due to better procurement/realization. |
| Demand visibility | Strong; high new-PC prices pushing users toward premium refurbished units. |
| Management confidence | Extremely high; raised full-year guidance across revenue and margins. |
Growth
Revenue grew 32% YoY to ₹412.5 Cr; volume rose 18% while realization jumped 12% due to price hikes.
Outlook
Full-year revenue guidance raised from 25% to 30%; PAT margin guidance raised to 0.75-1%.
Risks
Rising inventory levels (₹700 Cr+) and increased debt pose liquidity risks if demand for refurbs cool.
Last quarter's promises, checked
Delivered
- Guided 25% revenue growth → delivered 34% for FY26 (= BEAT)
- Guided 50 bps PAT margin expansion → delivered 209 bps for FY26 (= BEAT)
- Guided 50 bps PAT margin expansion → delivered 323 bps for Q4 FY26 (= BEAT)
Earnings Call Transcript filed with NSE, NSE: EBGNG. Summary written with AI assistance from the document.
GNG Electronics Ltd: key numbers
- Share price
- ₹577.20
- Market cap
- ₹6,581 Cr
- Revenue (annual)
- ₹1,891 Cr
- Net profit (annual)
- ₹131.6 Cr
- P/E (TTM)
- 39.6×Sector 35.3×
- Promoter holding
- 71.77%-3.00% QoQ
- FII holding
- 5.54%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from GNG Electronics Ltd
All →GNG Electronics Results Update
GNG Electronics' Q2 FY27 earnings release reports revenue up 42% to ₹625 Cr, EBITDA up 101% and PAT up 72% year-on-year. The release is the company's press release on its unaudited quarterly results.
GNG Electronics Earnings Call Transcript: Key Takeaways
Strong Q2 FY27: revenue up 42% YoY and FY27 growth guidance raised to 40%. The narrative leans on a memory-price tailwind and 'permanent reset' claims, while debt and inventory rise, the tax-rate jump goes unexplained, and supply-side risk is not addressed.
- Call
- Guides 40% growth
GNG Electronics Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹625 Cr (+42% YoY), EBITDA ₹94 Cr (15.0% margin), PAT ₹56 Cr (+72.5%). H1 revenue ₹1,037 Cr (+38%). Gross margin up 515 bps to 25.1% on refurbished-ICT tailwinds.
GNG Electronics Other Announcement
CARE Ratings reported no deviation in GNG Electronics' IPO proceeds use for the quarter ended September 2026. Usage was Rs 3.63 crore of prior issue expense reimbursements.
GNG Electronics Q2 FY27 Results: Net Profit ₹56.4 Cr, Up 72.5% YoY
GNG Electronics Ltd reported revenue from operations of ₹624.8 Cr (+42.0% YoY) and net profit of ₹56.4 Cr (+72.5% YoY) for Q2 FY27.
- Key figure
- Net profit ₹56.4 Cr · +72.5% YoY
GNG Electronics Board Meeting Date
GNG Electronics will hold a board meeting on 3 November 2026 to consider unaudited half-year results. The trading window stays closed until 5 November 2026.