GNG Electronics Ltd

Meeting Details

• Date: July 30, 2026.
• Type/Mode: Group earnings conference call; virtual.

Participants

• Key company participant: Company Secretary & Compliance Officer.

Purpose

• Earnings conference call for quarter ended June 30, 2026.

Additional Notes

• Audio recording of the Earnings Conference Call is available on the company website.
• Link is not included in this summary.

Financial highlights

• Revenue from operations: ₹412.5 Cr, up 32.1% YoY.
• EBITDA: ₹52.9 Cr; margin 12.8%.
• PAT: ₹28.9 Cr; margin 7.0%.
• EPS Basic: ₹2.54.

Strategic developments

• Expanded global reach to 49 countries.
• Customer touchpoints now over 5,100.
• EB Elite Program launched to strengthen distribution.
• Strategic partnership with Redington Limited to expand reach.

Outlook

• Outlook: confident in long-term opportunity for refurbished ICT industry.
• Sees continued growth via expanding distribution ecosystem.

Business Overview

• Core business: professionally refurbished ICT devices distributed via an integrated global platform.
• Expanding distribution ecosystem with presence in 49 countries and 5,100+ customer touchpoints.
• Strategic Redington partnership to broaden India's organized technology distribution.
• EB Elite program launched to strengthen relationships with channel partners.
• Long-term opportunity hinges on refurbished ICT demand and scalable global platform.

Operational Highlights

• Q1 FY27 revenue ₹412.5 crore, up 32% YoY.
• EBITDA margin 12.8%, improving 156 bps YoY.
• Gross profit ₹101.7 crore; gross margin 24.6%.
• Expansion to 49 countries and 5,100+ customer touchpoints.
• Strategic Redington tie-up broadens organized tech distribution.
• EB Elite program and dealer meets to strengthen distribution.
• Long-term industry outlook positive for refurbished ICT.

Financial Performance

• Revenue from operations: ₹412.5 crore in Q1 FY27; YoY +32.1%.
• Total income: ₹416.0 crore; PAT ₹28.9 crore.
• Gross profit: ₹101.7 crore; gross margin 24.6%.
• EBITDA: ₹52.9 crore; EBITDA margin 12.8%.
• PAT margin: 7.0%; EPS Basic ₹2.54.
• FY26 revenue: ₹1,891.1 crore; EBITDA margin 10.6%.
• FY26 gross margin: 20.1%.

Capital Structure & Liquidity

• No debt or liquidity data disclosed in the presentation.
• No capital raise or rating action reported in the chunk.

Strategic Outlook

• Confidence in long-term refurbished ICT market growth.
• Plan to expand reach through Redington and channel partnerships.
• Integrated global platform to support sustainable profitability.

Leadership

• Managing Director Mr. Sharad Khandelwal presented the quarter's results.

Issue Overview

• Type: Public issue of equity shares (IPO).
• Total size disclosed; no revision or undersubscription.
• Main objectives: debt repayment, general corporate purposes, and issue expenses.

Utilisation of Proceeds

• Utilisation per offer document; no material deviations observed.
• Means of finance unchanged; no reallocation among objects.
• 1a debt repayment: funds allocated; no utilisation in the quarter.
• 1b debt repayment: funds allocated; no utilisation in the quarter.
• 2 General Corporate Purpose: funds allocated; no utilisation in the quarter.
• 3 Issue Expenses: partial utilisation; reimbursements claimed; remaining unutilised.
• Unutilised funds held in Public Issue and Monitoring accounts.

Governance and Compliance

• Statutory approvals related to the objects not applicable.
• No material events or information affecting viability reported.
• No other information/material factors flagged for investors.

GCP

• GCP object declared; no utilisation reported; allocation not detailed.
• Board approval for allocation not explicitly stated.

Standalone results

• Standalone revenue from operations ₹2,297.56m in Q1 FY27; up from ₹1,721.38m year ago.
• Total income ₹2,432.66m (standalone).
• Total expenses ₹2,212.88m; direct cost ₹2,643.58m; inventory changes −₹754.05m.
• PBT ₹219.78m; tax ₹60.40m; PAT ₹159.38m.
• OCI net of tax −₹0.66m; total comprehensive income ₹158.72m.
• EPS basic ₹1.40; diluted ₹1.40.
• Paid-up equity share capital ₹228.02.
• Business: ICT device line; domestic and export revenue; no segment reporting.

Consolidated results

• Consolidated revenue from operations ₹4,124.61m; YoY rise from ₹3,122.79m.
• Consolidated total income ₹4,159.73m.
• Total expenses ₹3,802.32m; PBT ₹357.41m; tax ₹68.11m; PAT ₹289.30m.
• OCI net of tax −₹5.47m; total comprehensive income ₹283.83m.
• EPS basic ₹2.54; diluted ₹2.54.
• Paid-up capital ₹228.02.
• No reportable segments; revenue from domestic and export.

Meeting Details

• Date/time: Thursday, July 30, 2026, 06:00 PM IST.
• Type/Mode: group investor call, virtual.
• Event/organiser: Analyst/investor earnings call for Q1 FY27 (GNG Electronics).

Participants

• Company: MD (Managing Director) and Director to represent.

Purpose

• Purpose: discuss Q1 FY27 results with analysts/investors.

Additional Notes

• Recording/presentation availability not specified.

Meeting Details

• Date and time: July 30, 2026 at 06:00 PM IST.
• Type and mode: group virtual earnings conference call.
• Event: earnings conference call with analysts/investors planned.

Participants

• Key company role: Company Secretary & Compliance Officer.

Purpose

• Discuss earnings/results and engage with investors.

Additional Notes

• Invite link will be shared separately.

Meeting Details

• Board meeting scheduled for July 30, 2026; time not disclosed.

Key Agenda Items

• Approval of Standalone and Consolidated unaudited financial results for quarter ended June 30, 2026 (with limited review report).
• Other business matters to be considered.

Other Notes

• Trading window closed from July 01, 2026; opens 48 hours after results declaration.

Demat/remat status

• Certificate confirms non-applicability of Regulation 74(5) for the quarter.
• Entire holding is in demat form and no dematerialisation/rematerialisation requests were received.

Meeting Details

• Date: July 07–08, 2026 for the investor meet.
• Type/Mode: Group, physical meeting with investors/analysts in Singapore.
• Event/Organizer: Maybank Flagship Conference - Invest ASEAN 2026.
• Venue: Singapore.
• Key participants: Company Secretary & Compliance Officer.
• Purpose: Interactions with investors/analysts based on publicly available information; no UPSI.