GNG Electronics Limited
Founded in 2006, GNG Electronics Limited is India's largest refurbisher of laptops and desktops, also a significant global player in ICT device refurbishing, operating under the "Electronics Bazaar" brand with a repair-over-replacement approach.
What GNG files
- Important24
- Others23
- Investor Meet19
- Updates9
- Board Meeting9
- PPTs5
GNG Electronics Q1 FY27 results: Revenue +32.1% YoY to ₹412.5 Cr, PAT +56.2% to ₹28.9 Cr, and EBITDA +50.4% to ₹52.9 Cr. The company expanded its global reach to 49 countries and partnered with Redington Limited for distribution.
GNG Electronics (Electronics Bazaar) partnered with Redington Limited for nationwide distribution of its refurbished ICT solutions. This strategic move formalizes and scales GNG's market reach, leveraging Redington's vast network to boost sales velocity and penetration across various sectors.
GNG Electronics reported strong FY26 results: revenue up 34% to ₹1,891.1 Cr, PAT up 91.2% to ₹132.0 Cr. Q4 PAT nearly tripled. The company benefits from AI adoption and new hardware supply constraints driving demand for refurbished devices.
GNG Electronics denies misleading social media posts. Its credit rating was upgraded to BBB. GNG clarified its promoter group entity operates in a separate business, not selling GNG-branded products, and confirmed no material related party transactions. Business fundamentals remain strong.
GNG Electronics announced strategic distribution partnerships with Ingram Micro and Supertron Electronics. This move aims to accelerate nationwide expansion of its refurbished ICT solutions, formalizing the market and enhancing reach across India.