Newjaisa Technologies Ltd(NEWJAISA)

NSE: NEWJAISA

₹ 15.5-2.52%refreshed 26 Oct, 03:30 pm ISTMarket cap: ₹ 55 crUpdated: 24 Oct 2026

About

Newjaisa Technologies Ltd is a Bengaluru-based refurbisher and seller of laptops, desktops, peripherals and monitors, with value-added services including ITAD, data sanitisation, DaaS/leasing and a lifetime buyback programme. Newjaisa holds R2v3, ISO 9001, ISO 14001 and ISO 45001 certifications, placing it among the top five certified refurbishers in India.^[1][2]

Products and services

Newjaisa sells refurbished laptops, desktops, peripherals and monitors - including Dell, HP and Lenovo monitors - under a multi-channel model.^[2]
Value-added services include end-to-end ITAD, data sanitisation and certified disposal, Device-as-a-Service (DaaS) / leasing, and a lifetime buyback programme.^[2]
Every product goes through a 10-step refurbishment process with AI-driven diagnostics and 70+ quality checks, and carries a 1 - 3 year warranty.^[2]
Newjaisa claims to be India's only refurbisher of comparable scale with fully in-house, component-level (display and motherboard) repair capability.^[2]

Facility and production capacity

The single refurbishment facility is at Arekere Village, Begur Hobli, Bannerghatta Road, Bengaluru, with installed monthly production capacity of approximately 15,000 units.^[2]
Monthly production fell to approximately 1,500 units after the Amazon channel exit and recovered to approximately 3,000 - 3,500 units per month by end of FY26, implying utilisation of roughly 23% of capacity.^[2][3]
A second facility dedicated to desktop refurbishment was commissioned in Bangalore in FY25 to serve enterprise clients more efficiently.^[4]

Key operating numbers

Units sold were 49,850 in FY25, down from 54,322 in FY24 (a 14% YoY decline), primarily due to the Amazon platform exit in Q4 FY25.^[5][4]
H1 FY26 units sold: 8,707 laptops and 6,408 desktops, totalling 15,115 units.^[6]
Monthly sales run-rate improved from approximately Rs 2.8 crore to approximately Rs 3.6 - 3.9 crore by February - March 2026, aided by two large enterprise orders.^[2][3]
Own-channel revenue grew approximately 225% YoY in FY26 on a full-year basis following the rebuild of D2C and enterprise channels.^[3]
Gross margin fell from 45% in H1 FY25 to 33% in H1 FY26, driven by a higher desktop mix in B2B orders.^[6]
Inventory write-off of Rs 12.38 crore was taken in FY26, covering pre-8th-gen laptops, DDR3 RAM, hard disks and aged spares rendered less liquid by the Amazon exit and Windows 10 end-of-life.^[3]
Excluding extraordinary items, FY26 EBITDA margin was approximately -6%; operational EBITDA turned break-even by February 2026.^[3][2]

Customers and distribution

Customers span students, home users, SMEs, working professionals, large enterprises and educational institutions; 15+ large corporates among India's top 100 companies by revenue are active accounts, with approximately 80% enterprise retention as of FY26.^[2]
Sourcing relationships include named corporates IBM, Tech Mahindra and Hyundai, plus leasing firms and recyclers.^[2]
D2C delivery covers over 20,000 pin codes across India; on-site engineer support is serviceable across 7,000+ pin codes.^[2]
Offline modern trade presence includes 35+ large-format Poorvika stores in South India; distributors were signed in Maharashtra, Gujarat, Telangana, Kerala and Karnataka in FY26.^[5][7]
B2B/enterprise channel share rose from approximately 1% of revenue in March 2025 to 40% of revenue by Q1 FY26, with 88 new enterprise clients signed in that quarter.^[5][7]

Certifications and market position

Newjaisa holds R2v3 (Responsible Recycling, granted by Amtivo USA), ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 certifications, placing it among the top five certified refurbishers in India.^[2]
R2v3 certification, completed in FY26, is a prerequisite for direct procurement from OEMs and large multinationals.^[3][6]
A government e-waste recycling certificate obtained in FY25 enables direct procurement of used IT assets from large Indian corporate suppliers.^[4]
Key organised competitors include Cashify, Budli.in, Xfurbish, Electronics Bazaar and OEM-backed renewal programmes.^[2]

Channel disruption and recovery

Amazon stopped selling refurbished products in February - March 2025; Amazon had contributed approximately 60% of revenues, causing FY25 revenue growth to fall to 5% from 40% the prior year.^[7][4]
Following the exit, the company rebuilt its D2C website (newjaisa.com) and B2B enterprise channels, recovering approximately 75% of lost revenue by H1 FY26.^[6]
B2B/SME quarterly revenue run-rate grew from under Rs 1 crore in Q4 FY25 to over Rs 4.5 crore by Q1 FY26.^[6]
Headcount fell from over 400 employees as of March 31, 2024 to 191 persons (154 male, 37 female) as of March 31, 2026 as part of cost rationalisation.^[2]

Expansion and outlook

Management targets normalising fixed costs toward approximately 7 - 8% of revenue (from approximately 15 - 20% during the disruption year) and expects EBITDA to return to prior positive levels as volumes scale into FY27.^[2][3]
Inventory base stood at approximately Rs 26 crore (largely 8th-gen-and-above devices) at the FY26 earnings call date, with scope for 10 - 15% further optimisation.^[2]
A near-term B2B order pipeline covers enterprise laptop and desktop deployments, multi-location rollouts and service engagements, including one large order due for billing in May 2026.^[2]
Hardware cost inflation of 30 - 40% (RAM, SSD and general components) is identified as a structural demand lever for the refurbished market.^[3]

Market Cap

₹55 Cr

High / Low

₹39 / 13

Stock P/E

-3.3

Price / Book

0.8

Book Value

₹16

EPS

₹-4.9

No. of Shares

3.58 Cr

ROCE

-28.3%

ROE

-30.2%

OPM

-47.9%

Debt / Equity

0.22

Sales

₹40 Cr

Net Profit

₹-17 Cr

Promoter holding

60.3%

Loading chart…

Signal history

AI Deep Dive

The analysis Screener can't give you

Our models read the latest earnings call, annual report, and financials end-to-end - then grade management, value the business, and flag the risks. Unlock all of it for this company:

Verdict
The headline call - descriptive label, conviction, and the synthesis behind it.
Valuation
Guidance-anchored P&L bridge - worst / average / best multiple cases.
Walk the talk
Did management deliver on past guidance? A commitment-by-commitment scorecard.
Red flags
Forensic and governance risk pointers, severity-ranked.
Balance sheet
Solvency and earnings-quality score.
Concall briefs
Quarter-by-quarter earnings-call briefs - what changed and why.

₹49 unlocks this company for 90 days, ₹299 for a full year - bundles bring it lower. Built on public disclosures - educational, not investment advice.

AI Deep Dive

Verdict

Locked

The headline call - descriptive label, conviction, and the synthesis behind it.

Company data

Financials