Company Overview
Netweb Technologies is India's leading Indian origin, owned and controlled OEM in High-end Computing Solutions (HCS). The company has 26 years of domain expertise and positions itself as a full-stack solution provider with in-house designed and manufactured hardware and proprietary software.
Key Investment Highlights
1. Early-Mover Advantage
- Early identification of emerging technology trends in HPC, private cloud/HCI, and AI systems
- Positioned to benefit from India's sovereign AI initiatives including IndiaAI Mission (~INR 103bn allocation over FY25-29) and NSM 2.0 (targeting pre-exascale and exascale systems by CY28)
- Regulatory measures strengthening India's sovereign compute ecosystem
2. End-to-End Full Stack Solutions
- Comprehensive capabilities in designing, developing, implementing and integrating HCS solutions
- In-house design team and manufacturing facility producing x86 architecture & RISC based systems
- Proprietary middleware solutions, end user utilities, and pre-compiled application stack
- 26 patents (includes registered and applied for) as of June 30, 2026
- Very low failure rate and advanced technology integration capabilities
3. Marquee & Diverse Customer Base
- Serving government & PSUs, research & academia, and large enterprises (IT/ITES, media, telecom, cloud services)
- Repeat customers associated for over 6 years using FY16 as base
- 498 new customers onboarded from FY24 to H1FY27
- Customer accretion CAGR not specified but showing consistent growth
- Limited customer concentration with top 10 customers featuring across multiple years
4. Experienced Board & Senior Management
Board of Directors:
- Sanjay Lodha (Chairman and MD) - Founder, BA Economics, PG Diploma Business Management, VP of MAIT
- Navin Lodha (Whole Time Director) - 25+ years sales/marketing experience, leads West Zone
- Vivek Lodha (Whole Time Director) - 18+ years sales/marketing experience, leads East Zone
- Niraj Lodha (Whole Time Director) - 18+ years sales/marketing experience, leads South Zone
- Independent directors with extensive experience in banking, academia, procurement, and finance
Senior Management:
- Hemant Agarwal (COO) - 23+ years with company, B.Com
- Hirdey Vikram (CSMO) - 15+ years with company, B.Tech IT
- Mukesh Golla (CRDO) - 22+ years with company, B.Tech CSE
- Swastik Chakraborty (VP Technology) - 12+ years tech experience, M.Sc Electronic Science
- Mukul Kedia (CSO) - 15+ years strategy/finance experience, CA
- Ankit Kumar Singhal (CFO) - 14+ years finance experience, CA, B.Com
- Lohit Chhabra (Company Secretary) - 11+ years secretarial experience, CS, B.Com
5. Strong Financial Performance
- Revenue CAGR of 46.9% from FY22-FY26
- EBITDA margin expansion trajectory
- Healthy return ratios with ROCE and ROE showing consistent performance
- Net debt position managed effectively
- Strong operating cash flow generation
6. Sustainable Growth Drivers
Core Business Verticals:
- HPC: Alignment with NSM 2.0's shift from "buy" to "build & design in India"
- HCI: Supply indigenous private cloud and HCI to meet localization demands
- AI Systems: Innovation across dense AI compute with chip-agnostic design philosophy
Future Opportunities:
- Quantum Computing: R&D of quantum simulators and emulators
- Physical AI: Investment in hardware, agentic and interface layers
Business Metrics and Visibility
- Strong pipeline representing total value of active business opportunities
- L1 status in tenders where declared lowest qualified bidder
- Order book with confirmed purchase orders pending execution
- Well-defined sales funnel and robust pipeline positioning for medium to long-term sustainable growth
Manufacturing Capabilities
- Scalable production capacity
- Manufacturing facility capable of producing x86 architecture & RISC based systems
- Compliant with Make in India policy
Financial Notes Methodology
Presentation includes detailed calculation methodologies for:
- Operating EBITDA and margin calculations
- Profitability margins (PBT and PAT)
- Free Cash and Net Debt computations
- Asset turnover ratios
- Return metrics (ROCE, ROE)
- Working capital days (receivable, inventory, payable)
- Annualization methodology for Q2 FY27 ratios
Investor Relations Contacts
- Ankit Kumar Singhal, CFO: ankit.singhal@netwebindia.com
- Mudit Nahata, Investor Relations Advisor: ir@uirtus.in