BSECompany Update30 Jul 2026 · 30 Jul 2026, 08:48 pm
GNG Electronics Limited has informed the Exchange regarding a Press Release dated July 30, 2026 titled Q1 FY27 Earnings Release.
GNG Electronics Ltd · 544455
✦ AI Summary▲ PositiveResults
GNG Electronics Limited has announced its unaudited financial results for Q1 FY27, with revenue up by 32.1% YoY to ₹ 412.5 Cr, EBITDA up by 50.4% YoY to ₹ 52.9 Cr, and PAT up by 56.2% YoY to ₹ 28.9 Cr. The company has also expanded its global presence to 49 countries and strengthened its distribution ecosystem.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
GNG Electronics Ltd - 544455 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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July 30, 2026
To, To,
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, 5th Floor, C-1, Block G, Bandra Phiroze Jeejeebhoy Towers,
Kurla Complex, Bandra (E), Mumbai 400051 Dalal Street, Mumbai – 400001
NSE Symbol - EBGNG Scrip Code – 544455
Sub: Press Release - Q1 FY27 Earnings Release
Dear Sir/Madam,
In continuation of our letter dated July 30, 2026 on the Unaudited Financial Results (Standalone
and Consolidated) for the quarter ended June 30, 2026 (“Financial Results”), we attach a copy of
Press Release being issued by the Company in this regard.
The Press Release is also being uploaded on the Company's website at
https://www.electronicsbazaar.com/
Please take the above information on record.
FOR GNG ELECTRONICS LIMITED
Sarita Vishwakarma
Company Secretary & Compliance officer
Membership No. A59547
Q1 FY27 Earnings Release
Revenue up by 32.1% YoY to ₹ 412.5 Cr
EBITDA up by 50.4% YoY to ₹ 52.9 Cr
PAT up by 56.2% YoY to ₹ 28.9 Cr
India,30th July 2026: GNG Electronics Limited, India’s largest refurbisher of laptops and desktops and
among the largest refurbishers of ICT Devices overall, both globally and in India, today announced its
un-audited financial results for the quarter ended 30th June 2026.
Key Consolidated Highlights:
Particulars (INR Cr) Q1 FY27 Q1 FY26 YoY
Revenue from operations 412.5 312.3 32.1%
EBITDA 52.9 35.2 50.4%
EBITDA Margins 12.8% 11.3% 156 bps
PAT 28.9 18.5 56.2%
PAT Margins 7.0% 5.9% 108 bps
EPS Basic 2.54 1.91
Performance Highlights for Q1 FY27:
Revenue from Operations stood at ₹ 412.5 Cr, an increase of 32.1% YoY
EBITDA came in at ₹ 52.9 Cr, with an EBITDA margin of 12.8% (up 156 bps YoY)
Profit After Tax stood at ₹ 28.9 Cr, with a PAT margin of 7.0% (up 108 bps YoY))
Commenting on the results, Mr. Sharad Khandelwal, Managing Director, GNG Electronics Limited said,
“The global ICT industry continues to witness a structural shift towards professionally refurbished
computing solutions, driven by increasing enterprise adoption, cost optimization, and sustainability
initiatives. Against this backdrop, we have started FY27 on a strong note, delivering revenue of ₹412.5
crore, representing a growth of 32% YoY, while EBITDA margin stood at 12.8% an improvement of 156
bps YoY, reflecting the resilience of our business model and disciplined execution.
During the quarter, we continued to strengthen our global presence by expanding our reach to 49
countries, increasing customer touchpoints to over 5,100, and further diversifying our supplier base.
We also deepened our engagement with channel partners through dealer meets across India and
launched initiatives such as the EB Elite Program to further strengthen our distribution ecosystem. Our
strategic partnership with Redington Limited marks another important milestone in expanding our
reach across India's organized technology distribution network.
Looking ahead, we remain confident in the long-term opportunity for the refurbished ICT industry. As
enterprises and institutions increasingly adopt professionally refurbished devices and organized
channels continue to evolve, Electronics Bazaar is well positioned to capitalize on this structural
opportunity. Backed by our integrated global platform, expanding distribution ecosystem, and strong
execution capabilities, we remain committed to delivering sustainable growth, improving profitability,
and creating long-term value for all our stakeholders.”
About GNG Electronics Limited
GNG Electronics Limited is India’s largest refurbisher of laptops and desktops and among the largest
refurbishers of ICT Devices overall, both globally and in India with significant presence across India,
USA, Europe, Africa and UAE, in terms of value, as of March 31, 2025. The company follows a repair-
over-replacement approach to provide affordable, reliable, and premium ICT devices functionally and
aesthetically comparable to new products, backed by industry-leading warranties. With a strong
presence across India, the USA, Europe, Africa, and the UAE, the company refurbished nearly 5.9 lakh
devices in FY25, offering a portfolio of 5,840 SKUs including laptops, desktops, tablets, servers,
premium smartphones, workstations, and accessories.
For more information, please visit www.electronicsbazaar.com
For further information please contact:
GNG Electronics Limited Investor Relations Advisors,
Mr. Rohit Agarwal Adfactors PR
Head Strategy Mr. Sumit Kinikar/ Ms. Disha Mody
rohit.agarwal@electronicsbazaar.com sumit.kinikar@adfactorspr.com
/disha.shah@adfactorspr.com
Cautionary statement concerning forward-looking statements:
Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like regulatory
changes, local political or economic developments, and many other factors that could cause our actual results to differ materially from those contemplated by the relevant
forward-looking statements. Further, past performance is not necessarily indicative of future results. Given these risks, uncertainties and other risk factors, viewers are
cautioned not to place undue reliance on these forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements
and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.