G

GNG ELECTRONICS LIMITED

EBGNGNSE
Market snapshot · 2026-08-11 04:12 UTC

562.00

+₹6.35 (+1.14%)

MARKET CAP

₹6.41K Cr

STOCK P/E

42.5x

52W HIGH

₹689.50

52W LOW

₹239.00

BOOK VALUE

₹66.52

EPS

₹13.22

ROE

SECTOR

Information Technology

DEBT/EQUITY

58.54

VOLUME

2.05L

P/B RATIO

8.45x

PEG RATIO

1.69

Sector

Information Technology

Themes

Electronic EquipmentsGoldman Sachs Portfolio
₹641.15₹543.86₹446.58₹349.29₹252.00VolumeAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

GNG Electronics is an IT hardware refurbishment and services company. It refurbishes, repairs, and sells laptops, desktops, tablets, servers, smartphones, workstations, and accessories. ITAD, e-waste management, warranties, installation, upgrades, and buybacks support revenue beyond device sales. Revenue grew 34%, while profit increased 91.2%, indicating operating leverage and improving margins despite no major recent catalyst. ROE is unavailable, limiting assessment of returns on invested capital. Debt-to-equity of 58.54 implies exceptionally high leverage, which can magnify reported ROE but increases financing risk. At 42 times earnings, the shares appear rich relative to growth, despite 34% revenue expansion and improving margins. The valuation leaves limited room for execution setbacks, while leverage and the absence of a clear near-term catalyst remain open questions.

Valuation Metrics

Trading 58.3% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +1.91). Confidence: 76%.

Live forward EPS implies next-12-month EPS of ₹23.15. Applying the stock's normalized valuation corridor produces a fair range of ₹566.71 to ₹740.34, with base value near ₹621.81 (+10.6% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹23.15

Forward P/E

24.3x

Base Fair Value

₹621.81

Fair Range

₹566.71 - ₹740.34

Upside To Base

+10.6%

Estimate Source

Live forward EPS

Growth Estimate

+25.1%

P/E
Strongly Overvalued

5Y Average

30.45

Current

42.51

Overvalued

31.98

Undervalued

24.48

P/S
Strongly Overvalued

5Y Average

2.30

Current

3.22

Overvalued

2.65

Undervalued

1.96

EV/EBITDA
Strongly Overvalued

5Y Average

22.38

Current

31.25

Overvalued

24.41

Undervalued

18.62

Peers & Comparison

Sector: Information Technology · Theme: Electronic Equipments

Electronic Equipments Peers8 peers
Avg P/E: 74.1x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
CENTUM ELECTRONICS LTD
CENTUMElectronic Equipments
-7.7%-4.9%
56.6x
Undervalued
-24% vs avg
+55.6%
SHILCHAR TECHNOLOGIES LTD
SHILCTECHElectronic Equipments
-34.4%24.1%
33.9x
Undervalued
-54% vs avg
+10.5%
GENUS POWER INFRASTRU LTD
GENUSPOWERElectronic Equipments
+64.1%12.5%
14.4x
Undervalued
-81% vs avg
-16.8%
SYRMA SGS TECHNOLOGY LTD
SYRMAElectronic Equipments
+68.3%6.7%
73.5x
Fair
-1% vs avg
+111.2%
PG ELECTROPLAST LTD
PGELElectronic Equipments
-10.1%3.7%
90.9x
Premium
+23% vs avg
+20.7%
ZEN TECHNOLOGIES LIMITED
ZENTECElectronic Equipments
-10.5%26.8%
86.2x
Premium
+16% vs avg
+20.2%
APOLLO MICRO SYSTEMS LTD
APOLLOElectronic Equipments
+81.3%12.5%
123.3x
Premium
+66% vs avg
+106.9%
AVALON TECHNOLOGIES LTD
AVALONElectronic Equipments
+49.8%7.4%
113.8x
Premium
+54% vs avg
+122.6%
WHY THESE PEERS

GNG ELECTRONICS LIMITED trades at a discount (42.0x vs peer avg 74.1x), suggesting potential undervaluation relative to the Electronic Equipments cohort. Peers include CENTUM ELECTRONICS LTD, SHILCHAR TECHNOLOGIES LTD, GENUS POWER INFRASTRU LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Financial chart data is not available for this company right now.

Results

Income statement data not available.

All values in ₹ Crores unless otherwise stated. Source: Company filings.

Shareholding Pattern

HolderMar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters94.29%78.71%78.71%78.71%78.71%
FII2.48%3.42%2.41%2.78%
DII5.05%4.62%4.67%5.20%
Public0.01%8.02%6.78%7.65%6.87%
Others5.70%5.74%6.47%6.56%6.44%
Mar 2026
Promoters
FII
DII
Public
Others