NETWEB - Netweb Technol.
📢 Recent Corporate Announcements
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 No unpublished price-sensitive information is expected to be shared during these meetings.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 Management has explicitly stated that only publicly available information will be discussed, ensuring no unpublished price-sensitive information is shared.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- Company confirms no unpublished price-sensitive information (UPSI) will be disclosed during the meet.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 The company has explicitly stated that discussions will be based on publicly available information and no unpublished price-sensitive information will be shared.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
Netweb Technologies has launched two major AI supercomputing systems under the 'Make in India' initiative, leveraging NVIDIA's latest Blackwell architecture. The Tyrone Camarero Spark offers 1 Petaflop of performance in a compact desktop form factor, while the Tyrone Camarero GB200 system is designed for massive LLM inference up to 10 trillion parameters. These products position Netweb as a leading domestic provider for India's growing sovereign AI and developer market. Shipping has already commenced for the Spark system to select organizations, signaling immediate commercialization.
- Launched Tyrone Camarero Spark, delivering 1 Petaflop of AI performance in a compact 5.9-inch form factor
- Introduced Tyrone GB200 systems capable of real-time LLM inference for models up to 10 trillion parameters
- The Spark system consumes only 240 Watts, a massive efficiency gain compared to 3200 Watts for similar performance in 2016
- Rack-scale liquid-cooled design integrates 80 NVIDIA Blackwell GPUs and 40 NVIDIA Grace CPUs for high-intensity workloads
- Shipping has already commenced to select AI user organizations in India
Netweb Technologies has issued a postal ballot notice to seek shareholder approval for the re-appointment of its core leadership team. The company proposes extending the tenures of Mr. Sanjay Lodha as Chairman and Managing Director, and Mr. Navin Lodha and Mr. Vivek Lodha as Whole Time Directors. All three re-appointments are for a five-year term effective from August 14, 2026, to August 13, 2031. The e-voting period for these special resolutions is scheduled to run from February 19, 2026, to March 20, 2026.
- Proposed re-appointment of Mr. Sanjay Lodha as CMD for a 5-year term starting August 14, 2026.
- Proposed 5-year re-appointments for Mr. Navin Lodha and Mr. Vivek Lodha as Whole Time Directors.
- E-voting period set from 9:00 a.m. on February 19, 2026, to 5:00 p.m. on March 20, 2026.
- The resolutions are proposed as Special Resolutions requiring a 75% majority for approval.
- Appointments include provisions for minimum remuneration in case of inadequate profits for a period of 3 years.
Netweb Technologies India Limited has approved the allotment of 2,86,819 equity shares to eligible employees under its 2023 Employee Stock Option Plan. The shares were issued at an exercise price of Rs. 2 per share, which is the face value, resulting in a total realization of Rs. 5,73,638. This allotment has increased the company's total paid-up equity share capital from Rs. 11.33 crore to approximately Rs. 11.39 crore. The new shares will rank pari-passu with the existing equity shares of the company.
- Allotment of 2,86,819 equity shares of face value Rs. 2 each.
- Exercise price for the options was set at Rs. 2 per share.
- Total paid-up share capital increased to Rs. 11,38,81,374 consisting of 5,69,40,687 shares.
- The equity dilution resulting from this allotment is approximately 0.51%.
- Total money realized by the company from this exercise is Rs. 5,73,638.
Netweb Technologies India Limited has announced its participation in a No Deal Road Show scheduled for February 6, 2026, in Mumbai. The event is organized by IIFL Capital and will facilitate meetings between the company management and various institutional investors and analysts. The company has clarified that no unpublished price-sensitive information (UPSI) will be shared during these interactions. This move is part of the company's regular investor relations engagement to maintain market transparency and visibility.
- Scheduled No Deal Road Show to take place in Mumbai on February 6, 2026.
- Event organized by IIFL Capital to connect the company with analysts and investors.
- Compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- Explicit confirmation that no unpublished price-sensitive information will be disclosed during the meet.
- The meeting date is subject to change based on exigencies from any participating party.
Netweb Technologies India Limited has announced its participation in the Nuvama India Investor Conference scheduled for February 9, 2026. The event, themed 'India: Shoring up Self-Reliance', will be held at the Grand Hyatt, Mumbai. The company officials are set to engage in both one-to-one and group meetings with various analysts and institutional investors. The management has clarified that no unpublished price-sensitive information will be shared during these interactions.
- Investor meeting scheduled for February 9, 2026, in Mumbai.
- Participation in the Nuvama India Investor Conference: 'India: Shoring up Self-Reliance'.
- Engagement format includes both one-to-one and group meetings with institutional investors.
- Discussions will be strictly limited to publicly available information as per SEBI regulations.
Netweb Technologies delivered a record-breaking Q3 FY26, with revenue surging 141% YoY to ₹8,049 million and PAT growing 146.7% to ₹733 million. The performance was primarily driven by the execution of a massive ₹4,504 million strategic AI compute order, which pushed AI systems' contribution to 64% of quarterly revenue. The company maintains a robust total order book of approximately ₹22,594 million, providing strong visibility for future growth. Despite global supply chain pressures in flash memory, Netweb remains a zero net debt company with a healthy cash position of ₹1,900.8 million.
- Quarterly revenue reached ₹8,049 million, a 141% YoY increase, driven by a ₹4,504 million strategic AI order.
- Profit After Tax (PAT) grew by 146.7% YoY to ₹733 million with a 9% net margin.
- Total order book stands at ₹22,594 million, comprising ₹5,258 million organic and ₹17,336 million strategic orders.
- AI systems segment contribution jumped to 64% of Q3 revenue, highlighting the company's role in India's AI infrastructure.
- Strong financial metrics with a Return on Capital Employed (ROCE) of 41.3% and zero net debt status.
Netweb Technologies India Limited has officially released the audio recording of its Q3 FY2025-26 earnings conference call held on January 19, 2026. This disclosure follows the company's quarterly financial results announcement to provide transparency to shareholders. Investors can access the full recording on the company's website to review management's discussion on business operations and financial performance. The filing is a routine compliance requirement under SEBI Listing Obligations and Disclosure Requirements.
- Audio recording for Q3 FY2025-26 earnings call is now available for public access
- The conference call was conducted on January 19, 2026
- Compliance maintained under Regulation 30 and 46 of SEBI LODR Regulations
- Direct access link provided for investors to review management commentary
Netweb Technologies has announced the re-appointment of its core leadership team for a further five-year term starting August 14, 2026. Mr. Sanjay Lodha will continue as Chairman and Managing Director, while Vivek, Niraj, and Navin Lodha have been re-appointed as Whole-time Directors. This decision ensures management continuity for the high-end computing solutions provider through August 2031. The re-appointments are subject to shareholder approval via a postal ballot process.
- Mr. Sanjay Lodha re-appointed as Chairman and Managing Director for a 5-year term.
- Three Whole-time Directors (Vivek, Niraj, and Navin Lodha) re-appointed for 5 years each.
- New leadership terms are effective from August 14, 2026, extending until August 13, 2031.
- The Board has approved a Postal Ballot to seek necessary shareholder approval for these appointments.
Netweb Technologies delivered a record-breaking Q3 FY26, with revenue surging 141% YoY to ₹8,049.3 million, primarily driven by the execution of a ₹4,503.9 million strategic AI compute order. Profit After Tax (PAT) grew by 146.7% YoY to ₹733.1 million, while AI Systems now contribute 64.2% of quarterly revenue. The company maintains a strong growth outlook with a total pipeline of ₹42,703 million and a strategic big-ticket order book of ₹17,336 million. Financial health remains robust with an annualized ROCE of 41.3% and an improved cash conversion cycle of 69 days.
- Quarterly revenue reached an all-time high of ₹8,049.3 million, representing 165% growth over the previous quarter.
- AI Systems segment dominated revenue at 64.2% following the execution of a ₹4,504 million strategic order for national AI infrastructure.
- Operating EBITDA grew 127.1% YoY to ₹979.5 million, though margins slightly compressed to 12.2% from 12.9% YoY.
- Strong future visibility with an organic order book of ₹5,258 million and a massive project pipeline of ₹42,703 million.
- Annualized Return on Capital Employed (ROCE) remains high at 41.3% with a Return on Equity (ROE) of 30.5%.
Netweb Technologies reported its highest-ever quarterly performance in Q3 FY26, with operating income growing 141% YoY to ₹8,049.3 million. This growth was primarily driven by the execution of a massive strategic order worth ₹4,503.9 million for national AI infrastructure. While PAT jumped 146.7% YoY to ₹733.1 million, EBITDA margins saw a slight compression to 12.2% compared to 12.9% in the previous year. The company's shift towards AI is evident, with AI Systems now contributing 64.2% of total quarterly revenue.
- Operating Income grew 141% YoY to ₹8,049.3 Mn, marking a 165% sequential growth over Q2 FY26.
- Profit After Tax (PAT) increased by 146.7% YoY to ₹733.1 Mn, the highest in the company's history.
- AI Systems segment contribution surged to 64.2% of Q3 revenue, up from 47.6% for the 9M FY26 period.
- Successfully executed a large-scale strategic order valued at ₹4,503.9 Mn for India's AI compute infrastructure.
- Maintained a strong balance sheet with a net cash position of ₹1,900.8 Mn as of December 2025.
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.