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GNG Electronics Limited offers refurbishing services for laptops, desktops and ICT Devices, both globally and in India. The company has a significant presence across India, USA, Europe, Africa and UAE.
The company operate under the brand “Electronics Bazaar”, offering sourcing to refurbishment to sales to after– sale services and providing warranty.
The company offers other value–added services such as ITAD and e – waste management services, warranties, doorstep service, on-site installation, flexible pay options, easy upgrades, assured buyback programmes and buyback programmes for refurbished ICT Devices. GNG Electronics provides tailored buyback solutions for laptops and desktops to help large format retail stores such as Vijay Sales (India) Private Limited (“Vijay Sales”) and OEM brand stores such as HP India Sales Private Limited (“HP”) and Lenovo Global Technology (India) Private Limited (“Lenovo”) to run efficient, customer–friendly buyback programs facilitating sale of new devices. The company have a sales network with the refurbished ICT Devices being sold in 38 countries as of March 31, 2025. GNG Electronics sales network comprises 4,154 touch points in India and globally, as of March 31, 2025.
For the year/period ended (Rs. in Cr.)
| FY25 | FY24 | FY23 | |
|---|---|---|---|
| Total Revenue | 1,420.37 | 1,143.80 | 662.79 |
| Profit After Tax | 69.03 | 52.31 | 32.43 |
| EPS | 7.09 | 5.37 | 3.33 |
| OPM (%) | 8.94% | 7.46% | 7.59% |
| PATM (%) | 4.89% | 4.60% | 4.92% |
For year/ period ended ( in Cr.)
| Company Name | Market Cap (Cr.) | Price | P/BV | P/E | Sales (Cr.) FY25 |
Net Profits(Cr.) FY25 |
|---|---|---|---|---|---|---|
| GNG Electronics Ltd. | *2702.07 | 237 | 10.16 | 33.42 | 1,420.37 | 69.03 |
| Newjaisa Technologies Ltd. | 119.85 | 33.9 | 1.41 | 0 | 65.66 | -1.13 |
*Market cap @upper band
At the upper band of IPO Rs. 237, the stock is valued at 33.42 times. Hence, Well-informed investors subscribe for long term.
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