EBGNGInformation Technology

GNG Electronics Limited

Computers Hardware & Equipments · ISIN INE18JU01028 · BSE 544455 · NSE EQ · FV ₹2
Last price
₹662
+2.49%today
What this company does

GNG Electronics Limited operates in Computers Hardware & Equipments, part of the Information Technology sector. It booked ₹412 cr of revenue in its latest quarter (Q1 FY27) and kept 7.0% of sales as profit. It is the largest of 9 Computers Hardware & Equipments companies we track, by market value.

39out of 100
Equitytale Health Score
Strained

Healthier than 39% of companies in Information Technology, on the 5 of 6 measures we could read for it. Each measure is ranked against the 81–123 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
59

At close. Not part of the score.

Profitability & returns63

How much profit it earns on the money it employs

Balance sheet23

How much it owes, and whether earnings cover the interest

Cash quality7

Whether reported profit actually arrives as cash

Valuation11

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 32% vs last year
Profit up 56% vs last year
Promoters hold 75%
No promoter shares pledged
Strong 15% return on equity
Watch-outs
! Thin 7.0% net margin
! Operating cash flow is negative

What if I invest in EBGNG?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹662 +2.49%
latest close · 2026-09-17
52-wk low ₹48342 sessions so far52-wk high ₹712
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio65.1High
LowAverageHigh
P/B ratio9.95High
Below bookModerateHigh
EV / EBITDA37.3High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity15.3%Strong
WeakFairStrong ▸15%
Return on capital25.1%Strong
WeakFairStrong
Net margin7.0%Decent
ThinDecentStrong
EBITDA margin12.8%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.53Moderate
LowModerateHigh ▸1
Interest cover3.6×Okay
RiskyOkayStrong ▸5×
Current ratio2.51Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹7,543 cr
Book value
₹66
EPS
₹2.54
latest quarter
Net debt
₹337 cr
owes more than its cash
Enterprise value
₹7,880 cr
EBITDA
₹212 cr
annualised
EBIT
₹198 cr
annualised
Operating margin
12.0%
Return on assets
9.2%
Earnings yield
1.54%
P/S
4.57
Sales / share
₹144.7
Tax rate
19.1%
Face value
₹2
Shares
11.4 cr
Working capital
₹699 cr
Current assets
₹1,162 cr
Current liabilities
₹464 cr
Delivery %
38.0%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
Too few reliable models — the filings don't support two independent estimates of value.
Models span ₹89₹89, midpoint ₹89

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹412 cr
Other Income₹4 cr
Total Income₹416 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹273 cr
Inventory Change (±)₹38 cr
Employee Benefit Expense₹32 cr
Finance Costs₹14 cr
Depreciation & Amortisation₹3 cr
Other Expenses₹20 cr
Total Expenses₹380 cr
Profit before Tax₹36 cr
Tax Expense₹7 cr
Net Profit₹29 cr
Net margin on total income7.0%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹311 cr74.7%
Employee benefit expense₹32 cr7.7%
Finance costs₹14 cr3.3%
Depreciation & amortisation₹3 cr0.8%
Other expenses₹20 cr4.9%
Tax expense₹7 cr1.6%
Profit for the period₹29 cr7.0%
Total income ₹416 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue487 cr652 cr412 cr
Total income488 cr652 cr416 cr
Expenses445 cr606 cr380 cr
Profit before tax43 cr46 cr36 cr
Tax4 cr4 cr7 cr
Net profit (owners' share)39 cr42 cr29 cr
Net margin (owners' share, on revenue)7.9%6.5%7.0%
EPS (₹)3.343.702.54
YoY (latest quarter): total income +32.0% · net profit +56.2%
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹1,254 cr
Shareholder equity
₹758 cr
parent shareholders
Total debt
₹406 cr
Cash
₹69 cr
Cash flow · H1 FY26
Operating
₹-53 cr
Investing
₹1 cr
Financing
₹148 cr
Peer comparison
Computers Hardware & Equipments · by market value
CompanyPriceMarket capP/E
GNG Electronics Limitedthis company₹662₹7,543 cr65.1
Rashi Peripherals Limited₹807₹5,317 cr12.9
Moschip Technologies Limited₹208₹4,042 cr400.1
NELCO Limited₹965₹2,203 cr236.6
D-Link (India) Limited₹425₹1,508 cr13.6
Ivalue Infosolutions Limited₹228₹1,246 cr20.0
Control Print Limited₹604₹965 cr61.6
TVS Electronics Limited₹404₹753 cr
Dc Infotech And Communication Limited₹283₹464 cr24.9
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
No pledge
Promoter
74.8%
FII / Foreign
5.3%
DII / Domestic
6.8%
Retail / others
13.1%
Promoter stake down 3.9% over the last 5 quarters.
Smart-money activity
Bulk / block deals
short · NSE124 Aug 26
short · NSE1912 Aug 26
short · NSE4310 Aug 26
Stake changes
SoldVidhi S Khandelwal · promoter→ 11.80% · 44.87 L11 Jun 26
What shareholders were asked to approve
2 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 15 Jan 2026
See the official result
1
APPROVAL OF THE ALIGNMENT AND RATIFICATION OF ELECTRONICS BAZAAR EMPLOYEES STOCK OPTION SCHEME – 2024 AS PER SEBI (SHARE BASED EMPLOYEE BENEFIT AND SWEAT EQUITY) REGULATIONS, 2021
⚑ Passed only because promoters voted yes
Backed by 64% of shareholders other than promotersneeded 75%
68.13 L votes for, 37.82 L against · 66% of mutual funds and other big investors said no
2
APPROVAL OF THE EXTENSION OF GRANT TO THE ELIGIBLE EMPLOYEES OF THE SUBSIDIARY COMPANY(IES), ASSOCIATE COMPANY, IN INDIA OR OUTSIDE INDIA, HOLDING COMPANY OF THE COMPANY UNDER ELECTRONICS BAZAAR EMPLOYEES STOCK OPTION SCHEME – 2024
⚑ Passed only because promoters voted yes
Backed by 64% of shareholders other than promotersneeded 75%
68.13 L votes for, 37.82 L against · 66% of mutual funds and other big investors said no
3
APPROVAL OF THE MATERIAL RELATED PARTY TRANSACTION(S) WITH ELECTRONICS BAZAAR FZC, A SUBSIDIARY OF COMPANY UNDER SECTION 188 OF THE COMPANIES ACT, 2013 AND REGULATION 23 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS), 2015
Promoters had a personal stake in this
Backed by 97% of shareholders other than promotersneeded 50%
1.03 cr votes for, 2.76 L against · 5% of mutual funds and other big investors said no
4
APPROVAL OF THE MATERIAL RELATED PARTY TRANSACTION(S) BETWEEN ELECTRONICS BAZAAR FZC, A SUBSIDIARY OF COMPANY AND BRIGHT WORLD TECHNOLOGIES INC, A WHOLLY OWNED SUBSIDIARY OF ELECTRONICS BAZAAR FZC UNDER SECTION 188 OF THE COMPANIES ACT, 2013 AND REGULATION 23 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS), 2015
Promoters had a personal stake in this
Backed by 97% of shareholders other than promotersneeded 50%
1.03 cr votes for, 2.76 L against · 5% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 29 named members
owning 74.8% between them · as of 2026-06-30
AMIABLE ELECTRONICS PRIVATE LIMITED46.64%
SHARAD KHANDELWAL15.73%
VIDHI S KHANDELWAL11.80%
VIVEK KHANDELWAL0.61%
ADG Jewels LLCno shares
Ashish Exportsno shares
ASHISH RAWATno shares
Electronics Bazar Inc. (USA)no shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹400 cr raised in Jul 2025 by selling shares to the public

As of Jun 2026, the company says it has spent 99% of what it set aside, leaving ₹4 cr still to be spent. CARE Ratings Limited watches the spending on the exchange’s behalf.

Prepayment and/or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company and our Material Subsidiary namely, Electronics Bazaar FZC
100%
₹320 cr of ₹320 cr
General Corporate Purposes
100%
₹46 cr of ₹46 cr
Issue Expenses
89%
₹30 cr of ₹34 cr
Spent by quarter: 96%98%99%99% (to Jun 2026)

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.