GNG Electronics Management Guidance Tracker

7 forward-looking guidance items tracked across 2 quarters.

Revenue

Q3 FY26FY26 revenue growth revised to 28-30% YoYTracked

Management raised full-year revenue growth guidance from ~25% to 28-30%, citing strong execution and favorable industry dynamics.

Q4 FY26Revenue growth ~25% in FY27Active

Management guided for approximately 25% revenue growth in FY27, driven by structural tailwinds and expanded distribution.

Margins

Q3 FY26FY26 EBITDA margin improvement of 150-200 bpsTracked

Margin expansion guidance was revised upward from ~75 bps to 150-200 bps for the full year, driven by operating leverage and strategic inventory positioning.

Q3 FY26No Q4 margin compression expectedActive

Unlike last year, management does not foresee margin compression in Q4 due to better execution and a favorable demand environment.

Q4 FY26PAT margin expansion of at least 50 bps in FY27Tracked

PAT margin expected to improve by at least 50 basis points from FY26 level of 7%, reaching ~7.5% or higher.

Capex

Q3 FY26Elevated inventory levels to continueActive

Management intends to maintain higher inventory levels to secure supply amid memory shortages, expecting interest costs to be more than offset by margin gains.

Expansion

Q4 FY26Capacity of 150k units per monthTracked

Current refurbishment capacity stands at approximately 150,000 units per month, sufficient to support near-term growth.