GNG Electronics Ltd.
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ABOUT
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AI GENERATEDOil Gas & Consumable Fuels
Sector economics are clouded by input volatility and uneven volume trends. WPI fuel inflation is very high at 20.05% (Jul/26), crude oil output is -5.3% YoY (2026-07), natural gas is -3.7% YoY (2026-07), and natural gas consumption is -3.0% YoY (2026-06), although refinery products grew 2.7% YoY (2026-07) and coal was 7.6% YoY (2026-07). Heavy FPI outflows of INR -15293 crore over 3 months to 2026-08-31 and negative oil-linked news flow reinforce the underweight.
PROS
- Latest quarter profit grew 56.6% YoY, showing strong momentum
- Operating margins have improved to 8.9% from 5.0%
- Institutional investors have been accumulating - FII+DII up 4.6pp
- Company maintains a comfortable, low leverage position
- Company converts assets efficiently - asset turnover of 1.8x
CONS
- Operating cash flow has been negative in recent years
- Receivables are growing faster than sales - a possible quality concern
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.73x)
- Working capital days have increased from 14 to 141 days
- Contingent liabilities are large at 57.0% of net worth
- Stock is trading at 8.0x its book value
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ADANIENT | 3100.00 | 56.37 | 419654.01 | 0.04 | -1461.54 | -249.67 | 32923.98 | 49.92 | 13.30 | 15.57 |
| AEGISLOG | 1341.45 | 37.63 | 47084.89 | 0.65 | 544.84 | 210.70 | 2356.86 | 37.07 | 19.76 | 30.28 |
| PREMIERENE | 978.00 | 26.66 | 44396.46 | 0.10 | 471.92 | 53.32 | 2462.59 | 35.25 | 33.72 | 29.03 |
| CPPLUS | 3743.15 | 92.78 | 44281.63 | 0.04 | 142.20 | 332.51 | 1402.42 | 89.51 | 29.48 | 14.52 |
| REDINGTON | 377.85 | 17.37 | 29539.35 | 1.59 | 453.49 | 94.65 | 34922.47 | 34.57 | 18.96 | 2.03 |
| HONASA | 470.90 | 61.69 | 15352.48 | 0.64 | 90.45 | 118.87 | 755.95 | 27.00 | 20.87 | 14.58 |
| LLOYDSENT | 70.44 | 95.76 | 10753.03 | 0.21 | 109.98 | -55.77 | 563.03 | 70.15 | 12.84 | 18.07 |
| SGMART | 772.60 | 78.32 | 9737.48 | 0.00 | 455.80 | 1310.71 | 13085.70 | 1044.08 | 10.43 | 4.49 |
| MMTC | 62.72 | 21.03 | 9408.00 | 0.00 | 104.24 | 135.52 | 0.68 | -50.00 | 33.46 | -1423.53 |
| ENTERO | 1821.70 | 63.22 | 7928.60 | 0.00 | 52.05 | 72.17 | 1940.50 | 38.23 | 10.93 | 5.00 |
| EBGNG | 675.50 | 54.07 | 7701.48 | 0.00 | 28.93 | 56.21 | 412.46 | 32.08 | 20.58 | 11.97 |
| CELLO | 337.20 | 24.31 | 7605.15 | 0.44 | 73.40 | -8.99 | 526.72 | -0.43 | 17.15 | 18.80 |
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 180 | 141 | 148 | 243 | 172 | 219 | 227 | 299 | 240 | |
| 164 | 132 | 137 | 227 | 152 | 203 | 207 | 274 | 221 | |
| Operating Profit | 16 | 9 | 11 | 17 | 20 | 16 | 20 | 26 | 18 |
| OPM % | 8.64% | 6.43% | 7.26% | 6.82% | 11.54% | 7.37% | 9.00% | 8.56% | 7.70% |
| 2 | 3 | 2 | 4 | 3 | 0 | 0 | 2 | 4 | |
| Interest | 8 | 7 | 6 | 7 | 7 | 5 | 6 | 9 | 9 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before Tax | 8 | 3 | 5 | 12 | 14 | 10 | 13 | 16 | 22 |
| Tax % | 43.80% | 17.52% | 40.43% | 26.52% | 26.34% | 22.24% | 26.44% | 24.23% | 27.48% |
| Net Profit | 5 | 3 | 3 | 9 | 10 | 8 | 10 | 12 | 16 |
| 0.47 | 0.23 | 0.24 | 0.90 | 1.05 | 0.68 | 0.86 | 1.06 | 1.40 |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|
| 356 | 449 | 589 | 711 | 917 | 985 | |
| 339 | 430 | 555 | 659 | 835 | 904 | |
| Operating Profit | 16 | 19 | 33 | 52 | 82 | 81 |
| OPM % | 4.60% | 4.27% | 5.67% | 7.29% | 8.94% | 8.19% |
| 1 | 3 | 5 | 11 | 5 | 6 | |
| Interest | 8 | 10 | 20 | 28 | 26 | 28 |
| Depreciation | 1 | 1 | 2 | 7 | 7 | 8 |
| Profit before Tax | 9 | 12 | 16 | 28 | 53 | 61 |
| Tax % | 27.41% | 24.99% | 31.98% | 32.87% | 24.96% | 25.55% |
| Net Profit | 7 | 9 | 11 | 19 | 40 | 46 |
| EPS | 1720.00 | 2284.23 | 2735.13 | 1.92 | 3.50 | — |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 27%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 65%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- 96%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- 15%
- 3 Years:
- 17%
- Last Year:
- 13%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 0 | 0 | 0 | 19 | 23 |
| 59 | 68 | 78 | 71 | 482 | |
| 97 | 124 | 236 | 210 | 136 | |
| Trade Payables | 5 | 7 | 21 | 17 | 13 |
| 5 | 3 | 12 | 23 | 26 | |
| Total Liabilities | 165 | 202 | 346 | 340 | 680 |
| 2 | 3 | 30 | 31 | 38 | |
| Capital Work in Progress | 0 | 1 | 0 | 0 | 0 |
| 15 | 15 | 22 | 15 | 115 | |
| 64 | 90 | 136 | 171 | 317 | |
| 0 | 0 | 64 | 28 | 113 | |
| Cash & Bank | 20 | 25 | 63 | 5 | 43 |
| 64 | 69 | 31 | 90 | 54 | |
| Total Assets | 165 | 202 | 346 | 340 | 680 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| -15 | -8 | 88 | -12 | -127 | |
| Cash from Investing | 1 | -1 | -27 | 4 | -111 |
| Cash from Financing | 18 | 17 | -23 | -51 | 276 |
| 1 | 5 | 38 | -58 | 39 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-09-02 - GNG Electronics Limited has informed the Exchange about Copy of Newspaper Publication regarding the 20th AGM
2026-09-01 - GNG Electronics Limited has informed the Exchange regarding 'Letter sent to shareholders of Company under Regulation 36(1)(B) Of SEBI LODR'.
2026-09-01 - GNG Electronics Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 24, 2026
2026-09-01 - GNG Electronics Limited has informed the Exchange regarding 'Book Closure for 20th AGM'.
2026-08-28 - GNG Electronics Limited has informed the Exchange about newspaper advertisements publishing information regarding the 20th Annual General Meeting
2026-08-28 - GNG Electronics Limited has informed the Exchange regarding Revised Outcome of Board Meeting held on August 27, 2026.
2026-08-27 - GNG Electronics Limited has informed the Exchange regarding Outcome of Board Meeting held on August 27, 2026.
2026-08-05 - GNG Electronics Limited has informed the Exchange about Transcript
2026-08-01 - GNG Electronics Limited has informed the Exchange about Copy of Newspaper Publication in which the financial results of the Company for the quarter ended June 30, 2026 is published
News
Recent coverage and analyst commentary for EBGNG
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GNG Electronics Ltd.
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