Financial Results Summary (Q1 FY27)

Revenue from Operations: ₹8,196.86 Million, showing Year-on-Year (YoY) growth of 172.13%

Operating EBITDA: ₹1,205.15 Million, representing an increase of 168.99% over Q1 FY26

Operating EBITDA Margin: 14.70%

Profit After Tax (PAT): ₹853.23 Million, an increase of 179.94% over Q1 FY26

PAT Margin: 10.30%

Net Debt: ₹1,999.00 Million as of 30th June 2026

Order Book: ₹25,069.35 Million as of 30th June 2026

Business Segment Performance

AI Systems Business: Grew by 484.20% YoY over Q1 FY26. Its contribution to the company's operating revenue increased significantly to 62.29% during Q1 FY27.

HPC and Private Cloud: Maintained robust traction according to management commentary.

Management Commentary

Mr. Sanjay Lodha, Chairman and Managing Director, commented on the results:

  • Described the quarter as "record-breaking" with highest-ever quarterly revenue and profits.
  • Attributed performance to sustained demand momentum and disciplined execution.
  • Highlighted the AI infrastructure build-out in India, anchored by the IndiaAI Mission's GPU compute initiatives and demand from Neocloud providers and CSPs.
  • Emphasized that sovereign AI compute is becoming a "strategic national imperative."
  • Noted that indigenous design and domestic manufacturing are emerging as decisive qualification criteria, especially with NSM 2.0 shifting to a "build and design in India" approach.
  • Expressed confidence in the company's ability to deliver long-term sustainable growth due to:
  • Early-mover position in AI infrastructure
  • Chip-agnostic design philosophy
  • Alignment with Make in India vision
  • Strong order book providing revenue visibility

Company Background Information

Netweb Technologies is described as one of India's leading Indian-origin, owned and controlled OEMs in the High-end Computing Solutions (HCS) space. The company offers a full stack of products and solutions including HPC, Private cloud and HCI, AI systems, High performance storage (HPS) and Data Centre Servers. Founded in 1999, the company has a manufacturing facility in Delhi-NCR and 22 offices across India. The company got listed on NSE and BSE in July 2023.