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 51.8
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 19.8 %
- ROE 35.3 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 111% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 36.0%
- Debtor days have improved from 35.1 to 17.5 days.
Cons
* 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
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 245 | 344 | 519 | 661 | 1,138 | 1,411 | |
| 239 | 331 | 489 | 616 | 1,059 | 1,294 | |
| Operating Profit | 6 | 13 | 31 | 45 | 79 | 117 |
| OPM % | 2% | 4% | 6% | 7% | 7% | 8% |
| 1 | 2 | 1 | 3 | 6 | 9 | |
| Interest | 5 | 6 | 8 | 12 | 24 | 38 |
| Depreciation | 0 | 1 | 1 | 1 | 4 | 9 |
| Profit before tax | 2 | 8 | 23 | 36 | 57 | 78 |
| Tax % | 15% | 11% | 11% | 8% | 9% | 12% |
| 2 | 7 | 20 | 33 | 52 | 69 | |
| EPS in Rs | 5,213.92 | 8,440.72 | 13,438.14 | 7.09 | ||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 42% |
| 3 Years: | 40% |
| TTM: | 24% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 111% |
| 3 Years: | 50% |
| TTM: | 32% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 34% |
| 3 Years: | 36% |
| Last Year: | 35% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 43 | 51 | 79 | 111 | 163 | 207 |
| 54 | 82 | 100 | 149 | 332 | 454 | |
| 40 | 38 | 11 | 16 | 91 | 39 | |
| Total Liabilities | 137 | 170 | 190 | 277 | 586 | 719 |
| 8 | 7 | 7 | 8 | 41 | 41 | |
| CWIP | 0 | 0 | 0 | 1 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 7 | 0 |
| 129 | 163 | 183 | 268 | 538 | 678 | |
| Total Assets | 137 | 170 | 190 | 277 | 586 | 719 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| -35 | -12 | -17 | 1 | 97 | 25 | |
| -6 | -4 | 0 | -34 | -28 | 3 | |
| 49 | 23 | 18 | 40 | -29 | -34 | |
| Net Cash Flow | 8 | 7 | 1 | 8 | 40 | -7 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 86 | 42 | 29 | 50 | 37 | 17 |
| Inventory Days | 78 | 111 | 89 | 85 | ||
| Days Payable | 64 | 43 | 8 | 7 | ||
| Cash Conversion Cycle | 101 | 110 | 110 | 128 | 37 | 17 |
| Working Capital Days | 31 | 24 | 46 | 47 | 18 | 52 |
| ROCE % | 12% | 20% | 22% | 21% | 20% |
Documents
Announcements
-
Intimation Under Regulation 30 (5) Of The SEBI (LODR) Regulations, 2015
2d - Authorized key managerial personnel for materiality determination and disclosures under SEBI LODR.
-
Intimation Under Regulation 8 Of SEBI (LODR) Regulation, 2015
2d - 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
2d - 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.