GNG Electronics Limited (NSE: EBGNG) delivered robust financial performance in Q2 FY27, with revenue growing 42% year-on-year to ₹625 crore, while PAT surged 72.5% to ₹56.4 crore. For H1 FY27, revenue grew 38% YoY to ₹1,037 crore, with PAT up 66.6% to ₹85.3 crore. The company’s strong performance is attributed to its strategic focus on professionally refurbished computing solutions, driven by rising prices of new devices and supply-side constraints in the global memory market.

Financial Highlights

The consolidated EBITDA for Q2 FY27 was ₹93.9 crore, a 100.7% increase YoY. For H1 FY27, EBITDA stood at ₹146.8 crore, up 79.1% from the previous year. The EBITDA margin expanded by 515 basis points to 25% in Q2 FY27 and by 438 bps to 25% in H1 FY27.

Operational Achievements

GNG Electronics Limited continued to strengthen its domestic and international presence during the quarter. The company expanded its reach to 55 countries, increased customer touchpoints to 5,542, and grew its supplier base to 820. The EBElite Program, launched in Q1, now has 152 partners enrolled. The company also inaugurated its first exclusive Electronics Bazaar store for SMB customers in Jaipur and strengthened its international sourcing and distribution network through participation in key industry events across the US and Europe.

Looking ahead, GNG Electronics Limited remains confident in the long-term growth opportunity for the refurbished ICT industry. While rising memory prices and supply constraints provide a near-term catalyst, the underlying opportunity is driven by a structural shift towards affordability, reliability, and sustainability.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of GNG Electronics Limited

GNG Electronics Limited belongs to the Technology › Computer Hardware sector. Here’s a quick read on where the business and the stock stand today.

GNG gains 30.4% over three months and trades near its 52-week highs. Thin margins at 7.2% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Revenue grows at 43.1% and profits at 59.7% CAGR. Both numbers are exceptional. The stock trades at 94% of its 52-week range — near its best levels of the year. Clearly, the market pays a premium for this name. Both the business and the stock move in the right direction. Revenue grows at 43.1%, profits at 59.7%, and the PEG sits at 0.96 — below its growth rate. That combination is rare. Check Fundamentals of GNG Electronics Limited.

Netweb Technologies India Limited (NETWEB) announced its Q2 FY27 results, marking a significant milestone with profits exceeding the full-year FY26. The company reported a revenue from operations of ₹13,233 Mn, a 335.7% year-on-year growth. The profit after tax (PAT) surged 334.8% to ₹1,367 Mn. This impressive performance highlights Netweb’s strong growth momentum in the high-end computing solutions sector.

Key Financial Highlights

The company’s operating EBITDA increased by 334.0% to ₹1,973 Mn, with a margin of 14.9%. The PAT margin stood at 10.2%. Notably, Netweb’s PAT for H1 FY27 reached ₹2,220 Mn, surpassing the full-year FY26 PAT of ₹2,058 Mn in just six months.

Segmental Growth

Income from AI Systems grew by 735.8% year-on-year to ₹12,836 Mn, contributing significantly to the company’s operating revenue. HPC and Private Cloud segments also delivered robust performance, with contributions of ₹2,482 Mn and ₹2,448 Mn respectively.

As of 30th September 2026, Netweb’s order book stood at ₹26,290 Mn, with an additional L1 position of ₹6,525 Mn, indicating strong revenue visibility for the coming quarters. The company also successfully raised ₹12,000 Mn through its first capital raise since listing in July 2023, reinforcing investor confidence in its growth strategy.

Netweb Technologies is well-positioned to capitalize on the expanding demand for high-end computing, driven by the growing need for indigenous computing capabilities and end-to-end technology stacks. With a strengthened balance sheet and a robust order book, Netweb is set to deliver sustainable long-term growth and create enduring value for its stakeholders.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Netweb Technologies India Limited

Netweb Technologies India Limited belongs to the Technology › Computer Hardware sector. Here’s a quick read on where the business and the stock stand today.

Netweb posts a 7.4% three-month gain, but softens in the last few weeks. Thin margins at 9.6% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Revenue grows at 70.4% and profits at 63.7% CAGR. Both numbers are exceptional. The stock gives back 2.0% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. The business grows revenue at 70.4% and profits at 63.7%, with D/E of 0.01. The stock reflects that strength. Moreover, when fundamentals and price action align, the PEG of 1.89 premium is usually justified. Check Fundamentals of Netweb Technologies India Limited.

TVS Electronics Limited (TVSELECT) reported its financial results for Q1 FY27, showing a revenue of INR 1,060 Mn, up 9.6% year-on-year (YoY) but down 9.7% quarter-on-quarter (QoQ). The company’s profit after tax (PAT) was INR 66 Mn, down 83.3% YoY and 86.8% QoQ.

Revenue and Segment Performance

The Products and Solutions Group generated revenue of INR 725 Mn, a 12.4% YoY increase but a 9.8% QoQ decline. The Customer Support Services segment brought in INR 335 Mn, showing a 4.0% YoY rise and a 9.5% QoQ drop. Overall, the entity’s revenue was INR 1,060 Mn, up 9.6% YoY but down 9.7% QoQ.

Profitability Challenges

Profitability was impacted by higher material costs and continued investments in new business initiatives. The company continues to focus on cost optimization, improving operational efficiencies, and driving sustainable revenue growth and margin improvement.

The company’s EBITDA was INR (24) Mn, with an EBITDA margin of (2.26%) compared to 5.96% in Q4 FY26. The PAT margin stood at (6.23%) against 2.47% in the same quarter last year.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of TVS Electronics Limited

TVS Electronics Limited belongs to the Technology › Computer Hardware sector. Here’s a quick read on where the business and the stock stand today.

TVS falls 11.8% over three months and has not found a floor yet. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. No meaningful dividend — total return is entirely dependent on capital appreciation. RSI stands at 28, well into oversold territory. Yet sellers still dominated on 17 of recent sessions versus 13 for buyers, so the pressure has not fully lifted. The stock holds up despite 8.8% revenue growth and a PEG of 99.00. That could signal an early turnaround. Alternatively, index flows simply support the price. Watch whether analysts revise estimates upward — that is the real signal. Check Fundamentals of TVS Electronics Limited.