GNG Electronics rides 50-60% new PC price surge to fuel refurbished device demand
Mumbai-based GNG Electronics, operator of Electronics Bazaar, is positioned to capture share as chip-driven PC inflation pushes buyers toward refurbished units. Q4 FY26 revenue grew 43% with 22% volume and 3% pricing growth; full-year revenue rose 34%. Stock is up 35% YoY at a ₹5,131 cr market cap.
What happened
GNG Electronics, which refurbishes PCs under Electronics Bazaar brand, sees strong tailwinds as new PC prices rise 50-60% on chip shortages. Q4FY26 revenue grew
Key facts
- 34% revenue growth last year
- 43% Q4 FY26 growth
- 50-60% rise in new PC prices
- 22% volume growth
- 3% pricing growth
- stock up 35% in a year
- market cap ₹5,131 crore
Why this matters
The chip-driven price gap creates a 12-24 month tailwind for refurbished electronics consolidators; evaluate GNG and adjacent Electronics Bazaar-style platforms as bolt-on targets or partnership channels before multiples re-rate further.