GNG Electronics Share Price Hits Record High After Q2 Results: Profit Up 72.5% and Management Raises Growth Guidance

The GNG Electronics share price touched a record high after the refurbished electronics maker posted a strong second quarter and raised its outlook. The GNG Electronics Q2 results show revenue up 42% and profit up 72.5%, and the stock reached a record high before easing. This guide covers the numbers, the guidance upgrade, price data and the risks.

Prices are BSE and NSE data as of 11:34 AM IST on 4 November 2026. Financials are consolidated for the quarter ended 30 September 2026, from the company's filing and press reports. The headline's 13% rise is the move in the GNG Electronics share price to the intraday record high. This is not a recommendation.

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GNG Electronics Share Price: Record High, Then Some Profit Booking

Price data (BSE)	Value
Previous close	Rs 686.50
Day open	Rs 735.45
Record high today	Rs 776.25 (about +13%)
Day low	Rs 707.40
Last traded price	Rs 745.50 (+8.59%) (as of 11:34 AM IST on 4 November 2026)

The stock gapped up at the open, touched a record high near Rs 776, and then pared part of the gain, with heavy volume of over 57 lakh shares on NSE. Market capitalisation is roughly Rs 8,600 crore at these levels. The GNG Electronics share price is therefore up about 8.5% at the time of writing, not the full 13% of the peak.

GNG Electronics Q2 Results: The Numbers

Metric	Q2 FY27	Q2 FY26	Change
Revenue	Rs 624.81 crore	Rs 439.9 crore	+42%
Profit before tax	Rs 68.08 crore	Not stated	Not stated
Net profit	Rs 56.35 crore	Rs 32.7 crore	+72.5%
EPS	Rs 4.94	Not stated	Not stated

Against the June quarter, revenue rose about 52% from Rs 412.5 crore and EBITDA reached Rs 93.9 crore from Rs 49.4 crore. Net profit margin improved to about 9% from 7.4% a year earlier. First-half revenue was Rs 1,037.3 crore and first-half profit Rs 85.28 crore. The company now operates in 55 countries, up from 49. Investors tracking the GNG Electronics share price should note this international mix.

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Guidance Upgrade: Why the Stock Reacted

Behind the GNG Electronics share price surge, management raised its FY27 revenue growth guidance to 40% from 30% and lifted its margin expansion target to 150 basis points over FY26, from 100 basis points. A guidance raise after a strong quarter tells investors the company sees demand holding up, which is why the GNG Electronics Q2 results drew such a strong market response.

What the Business Does

GNG Electronics, which sells under the brand Electronics Bazaar, is described as the largest refurbisher of laptops and desktops in its category. It buys used devices, and refurbished laptops and desktops are its core products, sold across multiple countries. The model behind the GNG Electronics share price benefits from rising demand for affordable computing and growing attention to e-waste and the circular economy.

Strength	Detail
Scale	Reach across 55 countries
Growth	Revenue up 42% and profit up 72.5% in Q2
Outlook	Guidance raised for revenue and margins
Brand	Electronics Bazaar in refurbished devices

Key Risks to Watch

Risk	Why it matters
Finance costs	Interest cost rose about 161% in the quarter
Working capital	First-half operating cash flow was negative
Inventory	Management expects inventory to stay high through Q4
Guarantees	The board approved Rs 60.15 crore of ECLGS 5.0 loans and extra guarantees for a subsidiary
Valuation after rally	A record high leaves little room for disappointment

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Conclusion

The GNG Electronics share price record high is backed by real growth in revenue, profit and guidance. The watch-points are cash flow, debt servicing and inventory, which can limit how much of the profit turns into cash. Wait for the next quarter to see whether the margin gains hold. Until then the GNG Electronics share price will trade on momentum, so record high levels can reverse quickly.

Frequently Asked Questions on GNG Electronics Share Price

Why did the GNG Electronics share price hit a record high?

Ans. The stock reached a record high of Rs 776.25 on 4 November 2026 after the company reported Q2 FY27 revenue up 42% and net profit up 72.5%, and raised its FY27 revenue growth guidance to 40% from 30%. Strong results combined with a better outlook drew heavy buying.

What were the GNG Electronics Q2 results?

Ans. Consolidated revenue was Rs 624.81 crore, up 42% from Rs 439.9 crore. Net profit was Rs 56.35 crore, up 72.5% from Rs 32.7 crore, with profit before tax of Rs 68.08 crore and EPS of Rs 4.94. EBITDA was Rs 93.9 crore.

What is the new FY27 guidance for GNG Electronics?

Ans. Management now expects FY27 revenue growth of about 40%, up from a prior 30%, and a margin expansion of 150 basis points over FY26, up from 100 basis points. Guidance is a management expectation and can change with demand and costs.

What does GNG Electronics do?

Ans. The company refurbishes and sells used laptops and desktops under the Electronics Bazaar brand and describes itself as the largest refurbisher in its category. It operates in 55 countries and benefits from demand for affordable devices and recycling.

What are the risks for GNG Electronics?

Ans. Finance costs rose about 161% in the quarter, first-half operating cash flow was negative because of working capital needs, and inventory is expected to stay high through Q4. The board also approved extra loans and guarantees, so debt and cash flow need watching.

What is the market capitalisation of GNG Electronics?

Ans. At prices near Rs 745 to Rs 770 the market capitalisation is roughly Rs 8,600 crore. This changes with the share price, so check the live figure on NSE or BSE before relying on it.

Did the GNG Electronics share price close at its high?

Ans. Not at the time of writing. The stock touched Rs 776.25 and then eased to about Rs 745.50, still up over 8% on the day. The closing price may differ, so check the final NSE and BSE data.

Should I buy GNG Electronics after the record high?

Ans. This article cannot give a personal recommendation. The stock is at a record level after a sharp rise, and cash flow and debt are open questions. Compare valuation with growth, review your risk tolerance and consult a SEBI-registered advisor before acting.