GNG Electronics Ltd
Incorporated in 2006, GNG Electronics Limited offers refurbishing services for laptops, desktops, and ICT Devices, both globally and in India.[1]
- Market Cap ₹ 3,563 Cr.
- Current Price ₹ 312
- High / Low ₹ 364 / 308
- Stock P/E 194
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 17.2 %
- ROE 21.8 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 80.0% CAGR over last 5 years
Cons
- Company has low interest coverage ratio.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Information Technology Information Technology IT - Hardware Computers Hardware & Equipments
Part of BSE IPO
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 225 | 272 | 356 | 449 | 589 | 711 | |
| 220 | 263 | 339 | 430 | 555 | 659 | |
| Operating Profit | 5 | 9 | 16 | 19 | 33 | 52 |
| OPM % | 2% | 3% | 5% | 4% | 6% | 7% |
| 1 | 1 | 1 | 3 | 5 | 11 | |
| Interest | 5 | 5 | 8 | 10 | 20 | 28 |
| Depreciation | 0 | 1 | 1 | 1 | 2 | 7 |
| Profit before tax | 1 | 3 | 9 | 12 | 16 | 28 |
| Tax % | 23% | 26% | 27% | 25% | 32% | 33% |
| 1 | 3 | 7 | 9 | 11 | 19 | |
| EPS in Rs | 1,719.07 | 2,283.51 | 2,750.00 | 1.92 | ||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 26% |
| 3 Years: | 26% |
| TTM: | 21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 80% |
| 3 Years: | 40% |
| TTM: | 72% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 17% |
| Last Year: | 22% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 19 |
| Reserves | 42 | 44 | 59 | 68 | 78 | 71 |
| 54 | 72 | 100 | 124 | 244 | 225 | |
| 39 | 25 | 6 | 10 | 24 | 24 | |
| Total Liabilities | 135 | 141 | 165 | 202 | 346 | 340 |
| 3 | 2 | 2 | 3 | 30 | 31 | |
| CWIP | 0 | 0 | 0 | 1 | 0 | 0 |
| Investments | 15 | 15 | 15 | 15 | 22 | 15 |
| 117 | 124 | 148 | 184 | 295 | 294 | |
| Total Assets | 135 | 141 | 165 | 202 | 346 | 340 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| -24 | -17 | -18 | -11 | 88 | -9 | |
| -16 | 0 | 1 | -1 | -27 | 4 | |
| 48 | 23 | 18 | 17 | -23 | -21 | |
| Net Cash Flow | 8 | 6 | 1 | 5 | 38 | -25 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 95 | 44 | 58 | 45 | 40 | 14 |
| Inventory Days | 67 | 91 | 71 | 83 | ||
| Days Payable | 68 | 19 | 6 | 6 | ||
| Cash Conversion Cycle | 95 | 116 | 123 | 122 | 40 | 14 |
| Working Capital Days | 16 | 24 | 37 | 32 | -17 | 11 |
| ROCE % | 8% | 12% | 12% | 14% | 17% |
Documents
Announcements
-
Intimation Under Regulation 30 (5) Of The SEBI (LODR) Regulations, 2015
30 Jul - Authorized key managerial personnel for materiality determination and disclosures under SEBI LODR.
-
Intimation Under Regulation 8 Of SEBI (LODR) Regulation, 2015
30 Jul - Filing of insider trading Code of Conduct and Fair Disclosure policy as per SEBI regulations.
-
Intimation Under Regulation 7(1) Of SEBI (LODR) Regulations 2015
30 Jul - GNG Electronics confirms BIGSHARE as Registrar & Share Transfer Agent per SEBI LODR Regulation 7(1).
-
Intimation Under Regulation 6(1) Of SEBI (LODR) Regulations, 2015
30 Jul - Appointment of Sarita Tufani Vishwakarma as Company Secretary and Compliance Officer since Oct 8, 2024.
-
Closure of Trading Window
30 Jul - Trading window closed from July 30, 2025, till 48 hours after Q1 June 30 results disclosure.
Business Profile[1][2]
GNG Electronics Limited is India’s largest refurbisher of laptops and desktops and a major global player in refurbishing ICT devices (laptops, desktops, tablets, servers, smartphones, etc.). The company operates under the “Electronics Bazaar” brand and follows a repair-over-replacement model.