Gng Electronics Limited (EBGNG) AI Stock Analysis

2 Followers

Gng Electronics Limited

(NSE:EBGNG)

Select Model

Rating:59Neutral

Price Target:INR 610.00▲(5.70% Upside)

Action:reiterated

Date:11/07/26

Strong growth, improving margins, and significant deleveraging are the primary positives, but negative operating cash flow is the key risk. Weak technical momentum and a high P/E further restrain the score.

Positive Factors

Revenue and Profit GrowthThe sharp increase in revenue alongside nearly doubled net income indicates stronger operating scale and improved earnings capacity. If sustained, this growth can broaden the company’s market presence, support reinvestment, and provide a stronger base for earnings expansion over the next several quarters.

Negative Factors

Negative Cash ConversionThe reversal to sharply negative operating and free cash flow shows that reported earnings are not currently converting into cash. If this persists, the company may have less flexibility to fund expansion internally and could become more reliant on working-capital changes or external financing.

Gng Electronics Limited (EBGNG) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 65.81B
Dividend Yield: ―
Average Volume (3M): 68.69K
Price to Earnings (P/E): 39.8
Beta (1Y): 0.12
Revenue Growth: ―
EPS Growth: ―
Country: India
Employees: 1,361
Sector: General
Sector Strength: 55
Industry: Computer Hardware

Gng Electronics Limited Business Overview & Revenue Model

Company Description

Founded in Mumbai, India, in 2006, GNG Electronics Ltd. operates as a comprehensive provider for technology products and services. The company is actively involved in the refurbishment, repair, and sale of various electronic devices, including laptop...

Gng Electronics Limited Financial Statement Overview

Summary

Strong revenue growth, improving profitability, and substantially lower leverage are offset by sharply negative operating cash flow, which raises sustainability concerns.

Income Statement

88Very Positive

Balance Sheet

72Positive

Cash Flow

35Negative

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	18.91B	18.91B	14.04B	11.28B	6.45B	5.09B
Gross Profit	3.27B	3.81B	2.45B	1.30B	868.22M	501.77M
EBITDA	2.01B	2.01B	1.24B	797.89M	469.90M	339.74M
Net Income	1.32B	1.32B	688.31M	521.38M	323.28M	217.13M
Balance Sheet
Total Assets	12.54B	12.54B	7.19B	5.86B	2.86B	1.95B
Cash, Cash Equivalents and Short-Term Investments	1.18B	1.18B	7.11M	679.05M	274.30M	211.48M
Total Debt	4.33B	4.33B	4.54B	3.32B	1.60B	1.02B
Total Liabilities	4.95B	4.95B	4.92B	4.22B	1.74B	1.15B
Stockholders Equity	7.58B	7.58B	2.26B	1.63B	1.12B	793.57M
Cash Flow
Free Cash Flow	-534.43M	-2.38B	145.34M	734.29M	226.41M	-50.83M
Operating Cash Flow	-531.79M	-2.15B	245.25M	974.57M	249.59M	-38.26M
Investing Cash Flow	12.55M	-455.13M	26.15M	-280.83M	-11.15M	-3.56M
Financing Cash Flow	1.48B	3.51B	-342.64M	-288.98M	-175.65M	48.38M

Gng Electronics Limited Technical Analysis

Technical Analysis SentimentNegative

Last Price577.10

Price Trends

50DMA671.84Negative

100DMA626.07Negative

200DMA504.15Positive

Market Momentum

MACD-26.41Positive

RSI37.84Neutral

STOCH20.32Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:EBGNG, the sentiment is Negative. The current price of 577.10 is below the 20-day moving average (MA) of 664.04, below the 50-day MA of 671.84, and above the 200-day MA of 504.15, indicating a neutral trend. The MACD of -26.41 indicates Positive momentum. The RSI at 37.84 is Neutral, neither overbought nor oversold. The STOCH value of 20.32 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:EBGNG.

Gng Electronics Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:EBGNG against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:NETWEB	62Neutral	INR 246.89B	66.25	―	0.07%	174.94%	165.07%
IN:EBGNG	59Neutral	INR 65.20B	39.75	―	―	―	―
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:OPTIEMUS	52Neutral	INR 70.19B	92.98	―	―	20.93%	7.92%
IN:TEJASNET	45Neutral	INR 74.94B	-9.23	―	0.59%	-70.27%	-100.11%
IN:TVSELECT	38Underperform	INR 7.47B	-403.76	―	―	11.68%	70.28%
IN:CEREBRAINT	37Underperform	INR 259.34M	-0.38	―	―	-83.53%	-26.91%

* General Sector Average

Performance Comparison

IN:EBGNG and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:EBGNG	Gng Electronics Limited	577.10	244.70	73.62%
IN:CEREBRAINT	Cerebra Integrated Technologies Limited	2.14	-6.25	-74.49%
IN:NETWEB	Netweb Technologies India Limited	4196.00	816.66	24.17%
IN:OPTIEMUS	Optiemus Infracom Limited	813.50	226.60	38.61%
IN:TEJASNET	Tejas Networks Ltd.	421.10	-100.05	-19.20%
IN:TVSELECT	TVS Electronics Limited	391.50	-250.55	-39.02%

Gng Electronics Limited Corporate Events

GNG Electronics Promoter Cuts Stake in On-Market Share Sale

Sep 30, 2026

GNG Electronics Limited, an Indian-listed electronics company based in Mumbai, trades on both NSE and BSE under the symbol EBGNG and scrip code 544455. The firm’s equity, identified by ISIN INE18JU01028, is held in part by a promoter group that must...

GNG Electronics Schedules 20th AGM and Releases FY 2025-26 Annual Report

Sep 1, 2026

GNG Electronics Limited has scheduled its 20th Annual General Meeting for September 24, 2026 at 4:00 p.m. IST, to be conducted via video conferencing and other audio-visual means in line with MCA and SEBI guidelines. The company has released its Annu...

GNG Electronics Clarifies Board Decisions and Approves Major Intra-Group Deals

Aug 28, 2026

GNG Electronics Limited has issued a revised outcome of its August 27, 2026 board meeting to provide greater clarity on related party transactions and corporate relationships, while confirming that no board decisions have changed. The board approved...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Nov 07, 2026

Gng Electronics Limited AI Stock Analysis