GNG Electronics Ltd Share Price – NSE /  BSE

Trading, Small Cap

Under this collaboration, Ingram Micro India and Supertron Electronics will distribute GNG?s range of professionally refurbished laptops, desktops and enterprise computing systems under the Company?s proprietary brand ?Electronics Bazaar?.

The association is expected to expand GNG?s reach across Tier-1, Tier-2 and Tier-3 markets in India, deepen enterprise and institutional penetration, and strengthen access to warranty-backed refurbished systems through established ICT distribution networks.

The broader industry environment has supported increasing adoption of refurbished computers. Rising component costs, supply-side adjustments in the new PC market, and evolving enterprise procurement strategies have contributed to growing interest in professionally refurbished systems as a cost-efficient and scalable alternative.

In this context, refurbished ICT devices are increasingly being integrated into structured procurement frameworks.

Through these partnerships, GNG expects to enhance distribution velocity, improve geographic penetration, and further embed its products within organized channel ecosystems.

GNG Electronics is India?s largest refurbisher of laptops and desktops and among the largest refurbishers of ICT devices globally. As of 31 March 2025, the company had a significant presence across India, the USA, Europe, Africa and the UAE. It follows a repair-over-replacement model and refurbished nearly 5.9 lakh devices in FY25, offering a portfolio of 5,840 SKUs spanning laptops, desktops, tablets, servers, smartphones, workstations and accessories.

On a consolidated basis, the company's PAT stood at Rs 38.7 crore in Q3 FY26, up 102.8% YoY from Rs 19.1 crore in Q3 FY25. Revenue from operations came in at Rs 487.2 crore in Q3 FY26, registering a strong 40.3% YoY growth over Rs 347.4 crore in Q3 FY25.

Powered by Capital Market - Live News

GNG Electronics has entered into separate strategic distribution partnerships with Ingram Micro India and Supertron Electronics for the nationwide distribution of its refurbished computers across India. These two partnerships mark a significant milestone in the Company's efforts to further formalize and scale the organized refurbished ICT segment through structured, pan-India channel access.

Under this collaboration, Ingram Micro India and Supertron Electronics will distribute GNG's range of professionally refurbished laptops, desktops and enterprise computing systems under the Company's proprietary brand 'Electronics Bazaar'. The association is expected to expand GNG's reach across Tier 1, Tier 2 and Tier 3 markets in India, deepen enterprise and institutional penetration, and strengthen access to warranty-backed refurbished systems through established ICT distribution networks.

Powered by Capital Market - Live News

On a consolidated basis, PAT stood at Rs 38.7 crore in Q3 FY26, up 102.8% YoY from Rs 19.1 crore in Q3 FY25. On a sequential basis, profit rose 18.5% from Rs 32.7 crore in Q2 FY26.

Revenue from operations came in at Rs 487.2 crore in Q3 FY26, registering a strong 40.3% YoY growth over Rs 347.4 crore in Q3 FY25. Revenue increased 10.8% QoQ from Rs 439.9 crore in Q2 FY26.

Gross profit stood at Rs 101.3 crore, up 24% YoY from Rs 81.7 crore. Gross margin came in at 20.8%, lower by 273 bps YoY but higher by 87 bps QoQ.

Profit before tax stood at Rs 42.8 crore in Q3 FY26, up 104.3% vs Q3 FY25 and higher by 18.6% QoQ from Rs 36.1 crore reported in Q2 FY26.

EBITDA rose sharply to Rs 54.6 crore in Q3 FY26, compared with Rs 32 crore in Q3 FY25, marking a 70.5% YoY increase. Sequentially, EBITDA increased 16.7% from Rs 46.8 crore in Q2 FY26.

EBITDA margin improved to 11.2% from 9.2% in Q3 FY25 and 10.6% in Q3 FY25.

Employee benefit expenses stood at Rs 26.9 crore, up 0.4% YoY. Finance cost was largely stable at Rs 9 crore compared with Rs 8.9 crore in Q3 FY25.

Sharad Khandelwal, managing director, highlighted that accelerating AI adoption and supply-side constraints in new computing hardware are pushing customers toward refurbished enterprise-grade devices as a cost-efficient and scalable alternative. Management believes the company is well positioned to capitalise on favourable industry trends while focusing on disciplined execution and long-term value creation.

GNG Electronics is India?s largest refurbisher of laptops and desktops and among the largest refurbishers of ICT devices globally. As of 31 March 2025, the company had a significant presence across India, the USA, Europe, Africa and the UAE. It follows a repair-over-replacement model and refurbished nearly 5.9 lakh devices in FY25, offering a portfolio of 5,840 SKUs spanning laptops, desktops, tablets, servers, smartphones, workstations and accessories.

Powered by Capital Market - Live News

Net profit of GNG Electronics rose 102.78% to Rs 38.69 crore in the quarter ended December 2025 as against Rs 19.08 crore during the previous quarter ended December 2024. Sales rose 40.26% to Rs 487.22 crore in the quarter ended December 2025 as against Rs 347.38 crore during the previous quarter ended December 2024.

Powered by Capital Market - Live News