NETWEB - Netweb Technol.
📢 Recent Corporate Announcements
Netweb Technologies India Limited has officially released the audio recording of its Q4 FY26 earnings conference call held on May 04, 2026. This follows the company's reporting of financial results for the quarter and fiscal year ending March 2026. The recording provides insights into management's discussion on business performance and future outlook. Access to this recording ensures transparency for all shareholders and institutional investors who could not attend the live session.
- Q4 FY26 earnings call audio recording is now available for public review
- The call was conducted on May 04, 2026, following the quarterly results announcement
- Compliance with SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations
- Link to the recording is provided on the company's investor relations website
Netweb Technologies reported a stellar performance for FY26, with annual revenue nearly doubling to ₹21,835.63 million from ₹11,490.21 million in the previous year. Net profit for the full year surged by 81% to ₹2,058.55 million, reflecting strong operational execution and market demand. The Board has recommended a final dividend of ₹3.00 per share (150% of face value), subject to shareholder approval. To support future growth, the company also strengthened its leadership by inducting a Chief Strategy Officer and VP of Technology into the Senior Management team.
- Annual Revenue from operations grew 90% YoY to ₹21,835.63 million in FY26.
- Net Profit for FY26 increased by 81% to ₹2,058.55 million compared to ₹1,137.65 million in FY25.
- Board recommended a final dividend of ₹3.00 per equity share (150% of face value).
- Earnings Per Share (EPS) rose significantly to ₹36.30 for FY26 from ₹20.11 in FY25.
- Inducted Mr. Mukul Kedia (Chief Strategy Officer) and Mr. Swastik Chakraborty (VP-Technology) as Senior Management Personnel.
Netweb Technologies reported a landmark FY26 with revenue growing 90% YoY to ₹21,836 million, driven by a massive 459.6% surge in the AI Systems segment. The company's PAT for the full year rose 80.9% to ₹2,058 million, maintaining a healthy margin of 9.3%. AI Systems now account for 43.4% of total revenue, reflecting a successful pivot toward sovereign AI infrastructure demand. Return ratios remain exceptionally strong with ROE at 32.9% and ROCE at 37.5%.
- Annual Revenue from Operations reached ₹21,836 million, a 90% YoY increase from FY25.
- AI Systems segment grew by 459.6% YoY, contributing 43.4% to the total revenue mix in FY26.
- Full-year PAT increased by 80.9% to ₹2,058 million with a 9.3% margin.
- Strong return profile maintained with ROCE at 37.5% and ROE at 32.9% for the fiscal year.
- Onboarded 131 new clients in FY26, expanding the customer base across IT, Research, and Defense sectors.
Netweb Technologies reported a stellar performance for FY26, with revenue nearly doubling to ₹21,836 million and PAT growing 80.9% to ₹2,058 million. The standout performer was the AI Systems segment, which saw a massive 459.6% YoY growth, now contributing 43.4% to the total revenue mix compared to the previous year. Despite a slight compression in EBITDA margins to 13.0%, the company maintains a debt-free balance sheet with ₹833 million in net free cash. The order book remains healthy at ₹4,724 million, well-positioned to benefit from the government's IndiaAI Mission.
- Annual Revenue from Operations grew 90.0% YoY to ₹21,836 million in FY26.
- Full-year PAT increased by 80.9% YoY to ₹2,058 million with a 9.3% margin.
- AI Systems segment revenue skyrocketed by 459.6% YoY, accounting for 43.4% of total sales.
- Company remains debt-free with a net free cash position of ₹833 million as of March 31, 2026.
- Order book stands at ₹4,724 million, reflecting strong demand in High-End Computing Solutions.
Netweb Technologies reported a stellar performance for the fiscal year ended March 31, 2026, with annual revenue nearly doubling to ₹21,835.6 million. Net profit for the year grew by approximately 81% year-on-year to reach ₹2,058.5 million, driven by strong operational execution. The Board has recommended a final dividend of ₹3.00 per equity share (150% of face value). Additionally, the company strengthened its leadership by inducting a new Chief Strategy Officer and VP of Technology into the Senior Management team.
- Annual Revenue from operations jumped 90% YoY to ₹21,835.63 million in FY26 compared to ₹11,490.21 million in FY25
- Net Profit for the full year increased to ₹2,058.55 million from ₹1,137.65 million in the previous fiscal year
- Board recommended a final dividend of ₹3.00 per share on a face value of ₹2 (150% payout)
- Basic Earnings Per Share (EPS) rose significantly to ₹36.30 in FY26 from ₹20.11 in FY25
- Total Assets expanded to ₹14,213.19 million as of March 31, 2026, up from ₹8,531.06 million a year ago
Netweb Technologies India Limited has announced a scheduled meeting with BoFA Securities on May 5, 2026. The meeting is significant as it will be held at the company's manufacturing facility in Faridabad, allowing institutional representatives to observe operations firsthand. The company has clarified that the discussions will be limited to publicly available information, ensuring compliance with SEBI regulations regarding price-sensitive data. This interaction reflects ongoing institutional interest in the company's high-end computing and server manufacturing capabilities.
- Meeting with BoFA Securities scheduled for May 5, 2026.
- Interaction to take place at the company's Faridabad factory location.
- Compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.
- Company confirmed no unpublished price-sensitive information (UPSI) will be shared.
- The meeting date is subject to change based on exigencies from either party.
Netweb Technologies has officially launched Tyrone ParallelStor Velox, a unified data platform specifically designed for AI, High-Performance Computing (HPC), and enterprise infrastructure. Announced on April 29, 2026, this product aims to address the increasing demand for high-speed data processing in complex computing environments. While the product is designed for both domestic and international markets, the initial launch is focused on the Indian market. This expansion into advanced AI-ready infrastructure strengthens Netweb's competitive positioning in the high-growth server and storage solutions segment.
- Launched 'Tyrone ParallelStor Velox' on April 29, 2026, as a Unified Data Platform.
- Targeted specifically at AI, High-Performance Computing (HPC), and Enterprise Infrastructure.
- Product is designed to cater to both domestic and international markets, starting with India.
- Strengthens the company's portfolio in the specialized high-end computing and storage market.
Netweb Technologies has launched Tyrone ParallelStor Velox, a unified data platform designed to eliminate data bottlenecks in AI and GPU-intensive workloads. The platform integrates flash, disk, tape, and cloud storage into a single global namespace, supporting advanced technologies like NVIDIA GPUDirect Storage to reduce latency. This launch positions Netweb to capture the growing demand for sovereign AI infrastructure in India across BFSI, government, and research sectors. By optimizing data velocity, the solution aims to significantly improve GPU utilization and model training speeds for enterprise clients.
- Launched Tyrone ParallelStor Velox to address data bottlenecks in AI infrastructure and high-performance GPU clusters.
- Integrated support for NVIDIA GPUDirect Storage, enabling direct data transfer to GPU memory and bypassing CPU overhead.
- Provides a single global namespace with multi-protocol access including POSIX, NFS, SMB, S3, and Hadoop.
- Targets high-growth mission-critical sectors such as BFSI, Sovereign AI, and Government research labs.
- Features intelligent data lifecycle management for automated tiering between high-performance flash and cost-efficient storage.
Netweb Technologies India Limited has announced the closure of its trading window for all designated persons starting April 1, 2026. This closure is a mandatory regulatory requirement under SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the company's financial results. The window will remain closed until 48 hours after the board meeting held to approve the audited financial results for the quarter and year ending March 31, 2026. The specific date for the board meeting will be communicated separately in the future.
- Trading window closure effective from April 1, 2026.
- Closure pertains to the audited financial results for the quarter and year ended March 31, 2026.
- Window to reopen 48 hours after the conclusion of the board meeting.
- Applies to all Designated Persons and their immediate relatives as per the company's Code of Conduct.
Netweb Technologies has received shareholder approval via postal ballot for the re-appointment of its core leadership team. Mr. Sanjay Lodha has been re-appointed as Chairman and Managing Director for a five-year term effective from August 14, 2026, to August 13, 2031. Additionally, three Whole-time Directors—Vivek, Niraj, and Navin Lodha—were also re-appointed for the same five-year duration. This move ensures management continuity and leadership stability for the company through 2031.
- Re-appointment of Mr. Sanjay Lodha as Chairman and Managing Director for a 5-year term.
- Re-appointment of Vivek, Niraj, and Navin Lodha as Whole-time Directors for 5 years each.
- New management terms will run from August 14, 2026, until August 13, 2031.
- Approval was obtained from shareholders through a postal ballot process completed on March 20, 2026.
- All re-appointed directors are confirmed to be not debarred by SEBI or any other authority.
Netweb Technologies India Limited has announced a no-deal roadshow in the United States scheduled for March 19 and 20, 2026. The company management will engage with various institutional investors and analysts to discuss business prospects using publicly available information. This move is aimed at increasing international investor visibility and engagement for the high-end computing solutions provider. No unpublished price-sensitive information is expected to be shared during these meetings.
- No-deal roadshow scheduled in the USA for March 19th and 20th, 2026.
- Interaction planned with multiple international institutional investors and analysts.
- Compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.
- Discussions will be strictly limited to publicly available information.
- The schedule is subject to change based on exigencies of the hosts or the company.
Netweb Technologies India Limited has announced a scheduled meeting with Citigroup’s institutional investors on March 12, 2026. The meeting is uniquely positioned as a site visit to the company's manufacturing facility in Faridabad, Haryana. This interaction is part of the company's routine investor relations program under SEBI (LODR) Regulations. Management has explicitly stated that only publicly available information will be discussed, ensuring no unpublished price-sensitive information is shared.
- Meeting with Citigroup institutional investors scheduled for March 12, 2026.
- The event will take place at the company's factory located in Faridabad, Haryana.
- Compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- Company confirms no unpublished price-sensitive information (UPSI) will be disclosed during the meet.
Netweb Technologies India Limited has scheduled a meeting with Citigroup's institutional investors on March 12, 2026. The interaction is set to take place at the company's manufacturing facility in Faridabad, Haryana. The company has explicitly stated that discussions will be based on publicly available information and no unpublished price-sensitive information will be shared. Such meetings indicate ongoing institutional interest in the company's business model and operational setup.
- Meeting with Citigroup institutional investors scheduled for March 12, 2026
- The interaction will include a visit to the company's factory in Faridabad
- Compliance with Regulation 30 of SEBI (LODR) Regulations, 2015
- No unpublished price-sensitive information (UPSI) to be disclosed during the event
Netweb Technologies has announced a strategic collaboration with Vertiv (NYSE: VRT) to co-engineer advanced liquid-cooled rack solutions specifically for AI data centers. The partnership integrates Netweb's GPU compute platforms with Vertiv's specialized cooling and power infrastructure to address the extreme thermal densities of AI workloads. This collaboration aims to deliver rack-scale systems capable of exceeding 200KW IT load limits per unit, targeting both Indian and global markets. While Netweb clarified that the event does not meet the SEBI threshold for mandatory material disclosure, it represents a significant technical milestone for their AI infrastructure portfolio.
- Strategic partnership with global leader Vertiv to validate Netweb's GPU platforms with integrated liquid cooling.
- Development of rack-scale solutions designed to exceed 200KW IT load limits per rack unit for AI training.
- Integration of Netweb's Tyrone platforms with Vertiv's coolant distribution units and advanced power infrastructure.
- Leverages 'Make in India' manufacturing for both domestic supply and global exports of AI infrastructure.
- Focus on Direct-to-Chip cooling technologies to improve energy efficiency in high-density data centers.
Netweb Technologies has announced the launch of two cutting-edge AI supercomputing products on February 18, 2026. The first, Tyrone Camarero Spark, is positioned as the world's smallest AI supercomputer powered by the NVIDIA GB10 Grace Blackwell Superchip. The second launch includes Tyrone Supercomputing Systems built on the high-performance NVIDIA GB200 NVL4 platform. These products target both domestic and international markets, significantly enhancing Netweb's competitive position in the high-growth AI infrastructure sector.
- Launched Tyrone Camarero Spark, the world's smallest AI supercomputer powered by NVIDIA GB10 Grace Blackwell Superchip
- Introduced Tyrone Supercomputing Systems based on the advanced NVIDIA GB200 NVL4 platform architecture
- Products are designed for both domestic and international markets, with initial rollout starting in India
- Strengthens strategic partnership with NVIDIA by adopting the latest Grace Blackwell technology for high-performance computing
- Positioned to capture demand in the rapidly expanding AI and supercomputing infrastructure market
Financial Performance
Revenue Growth by Segment
The AI segment demonstrated explosive growth of 160% YoY in H1 FY26, increasing its revenue contribution from 14.7% to 25.4%. Regular business revenue is guided to grow at 35-40% annually. Total revenue from operations in FY25 was INR 11,490.21 million, a 58.7% increase from INR 7,240.75 million in FY24.
Profitability Margins
Gross margin stood at 23.19% in FY25, down from 24.8% in FY24 due to changes in product mix and procurement volumes. Net profit margin was 9.9% in FY25 compared to 10.48% in FY24. H1 FY26 PAT margin improved slightly to 10.2% with a PAT of INR 619 million, up 49.5% YoY.
EBITDA Margin
EBITDA margin was 14.7% in FY25 (INR 1,694.01 million) and improved to 14.9% in H1 FY26 (INR 903.2 million). Management guides for a sustainable EBITDA margin of 13-14% as the company transitions to large-scale strategic orders, which may have slightly lower margins but offer higher scalability.
Capital Expenditure
The company utilized IPO proceeds to fund a new manufacturing facility for server motherboards and printed circuit boards (PCBs). Total equity grew by 25.4% in FY25, supported by a net cash surplus of INR 1,621.3 million, which provides a buffer for future capex without debt dependency.
Credit Rating & Borrowing
CRISIL Ratings assigned a 'Stable' outlook with an interest coverage ratio exceeding 16.5 times in FY24. Total borrowings were reduced to INR 79.49 million in FY25 from INR 95.73 million in FY24, leading to a 34.1% decline in finance costs.
Operational Drivers
Raw Materials
Key raw materials include server motherboards, printed circuit boards (PCBs), and high-end semiconductor components (CPUs/GPUs) sourced from technology partners. These components are critical for building HPC and AI infrastructure.
Import Sources
Not specifically disclosed, but the company relies on global technology leaders like Intel, AMD, and NVIDIA for core compute components.
Key Suppliers
Strategic collaborations are maintained with Intel, AMD, and NVIDIA for the supply of advanced processors and GPUs used in supercomputing and AI systems.
Capacity Expansion
Netweb has established a new facility for the in-house manufacturing of server motherboards and PCBs to enhance vertical integration and reduce dependency on external suppliers. Current unit capacity is not disclosed.
Raw Material Costs
Cost of materials consumed is the primary expense, driving a gross margin of 23.19% in FY25. Inventory levels increased by 94.35% in FY25 to INR values to support the scale-up in business operations and procurement for large orders.
Manufacturing Efficiency
Asset turnover ratio improved significantly to 22.67 times in FY25 from 16.18 times in FY24, reflecting highly efficient utilization of assets to generate increased revenue.
Strategic Growth
Expected Growth Rate
35-40%
Growth Strategy
Growth will be driven by the execution of two large strategic orders worth approximately INR 21,840 million (INR 2,184 Cr), with 1/3rd expected to be executed in FY26. The company is also capitalizing on the 160% YoY growth in the AI segment and its 'Make in India' compliant manufacturing of motherboards and PCBs.
Products & Services
High-Performance Computing (HPC) systems, Private Cloud infrastructure, AI infrastructure, server motherboards, and printed circuit boards (PCBs).
Brand Portfolio
Netweb, Skylus.ai.
New Products/Services
Skylus.ai was launched to revolutionize the AI space and create market traction. The company is also scaling its new motherboard and PCB manufacturing line.
Market Expansion
Targeting the 'AI factory' vision for India by providing sovereign compute capabilities for sensitive sectors like Defence, Telecom, and BFSI.
Market Share & Ranking
Netweb is a prominent player in the Indian HPC and private cloud space, with projects ranked among the Top 500 supercomputers globally.
Strategic Alliances
Intel, AMD, and NVIDIA are key strategic partners for technology updates and component sourcing.
External Factors
Industry Trends
The industry is shifting toward AI-driven infrastructure and sovereign compute. Netweb is positioned as a leader in this shift, with AI revenue contribution rising to 25.4% of the total in H1 FY26.
Competitive Landscape
Netweb operates in a niche high-end compute market, competing on the basis of indigenous manufacturing and specialized HPC/AI project execution.
Competitive Moat
The moat is built on indigenous design capabilities and strategic partnerships with NVIDIA/Intel. This is sustainable because it allows Netweb to meet strict local manufacturing requirements for government contracts that global competitors cannot easily fulfill.
Macro Economic Sensitivity
Highly sensitive to government 'Make in India' policies and national AI initiatives. The AI segment's 160% growth reflects strong sensitivity to the increasing demand for sovereign data processing.
Consumer Behavior
Customers typically follow 3 to 5-year technology replacement cycles, with 70% of the base currently on 3-year cycles.
Geopolitical Risks
Strict import/export laws and data residency requirements in sensitive sectors like Defence and BFSI could impact the procurement of global components or the eligibility for government tenders.
Regulatory & Governance
Industry Regulations
Operations are subject to strict data residency, cybersecurity, and import/export laws, particularly for clients in the Defence, Telecom, and BFSI sectors.
Environmental Compliance
The company complies with ISO standards for environmental management; specific compliance costs are not disclosed.
Risk Analysis
Key Uncertainties
The primary uncertainty is the timely execution of the INR 2,184 Cr strategic order book and the rapid 12-18 month technology obsolescence cycle in the AI industry.
Third Party Dependencies
High dependency on NVIDIA, Intel, and AMD for the supply of critical high-end processors and GPUs.
Technology Obsolescence Risk
Technology cycles are short (12-18 months); Netweb mitigates this through R&D and strategic collaborations to ensure its AI infrastructure remains state-of-the-art.
Credit & Counterparty Risk
Receivable days improved to 117 in September 2025, but the company remains exposed to payment delays from large-scale projects, mitigated by a robust collection system.