XtraNet Technologies Limited – Investor Presentation Summary

Key Operational Highlights

  • Secured fresh orders worth approximately INR 850-900 Mn during Q2 FY27.
  • Total order book stands at approximately INR 3,900 Mn as of September 30, 2026.
  • Active bid pipeline of over INR 22,000 Mn spanning Data Centres, Enterprise Applications, and Digital Services.
  • Formation of Xtranet Data Centre, a dedicated subsidiary for developing and operating owned data centre infrastructure.
  • Executed 175 projects across multiple Indian states during FY24-FY26 focused on digital infrastructure.
  • Key drivers include new business wins in BFSI and extensions of existing customer engagements.

Segment-wise Performance

Revenue is spread across four business segments:

  • Data Centre Infrastructure & IT Operations: 50% of H1-FY27 revenue
  • Enterprise Applications: 23% of revenue
  • Digital Services: 13% of revenue
  • Proprietary Platforms: 14% of revenue

Approximately 47% of FY26 revenue derived from Government and PSU clients.

Financial Highlights

Q2 FY27 Performance:

  • Revenue From Operations: INR 1,097 Mn (62.8% YoY growth)
  • Operational EBITDA: INR 224 Mn (143.5% YoY growth)
  • Operational EBITDA Margin: 20.4%
  • PAT: INR 137 Mn (110.8% YoY growth)
  • PAT Margin: 12.5%
  • Diluted EPS: INR 3.36 (95.3% YoY growth)

H1 FY27 Performance:

  • Revenue From Operations: INR 1,601 Mn (41.6% YoY growth)
  • Operational EBITDA: INR 328 Mn (123.1% YoY growth)
  • Operational EBITDA Margin: 20.5%
  • PAT: INR 198 Mn (100.0% YoY growth)
  • PAT Margin: 12.4%
  • Diluted EPS: INR 4.75 (82.0% YoY growth)

Historical Performance:

  • FY24 Revenue: INR 2,329 Mn, EBITDA: INR 195 Mn (8.4% margin), PAT: INR 109 Mn (4.7% margin)
  • FY25 Revenue: INR 2,761 Mn, EBITDA: INR 459 Mn (16.6% margin), PAT: INR 300 Mn (10.9% margin)
  • FY26 Revenue: INR 3,653 Mn, EBITDA: INR 631 Mn (17.3% margin), PAT: INR 407 Mn (11.1% margin)

Drivers of financial performance include higher revenue growth and operational efficiencies.

Balance Sheet Snapshot

As of H1-FY27:

  • Equity Share Capital: INR 523 Mn
  • Reserves and Surplus: INR 2,515 Mn
  • Total Equity: INR 3,038 Mn
  • Long-term Borrowings: INR 236 Mn
  • Short-term Borrowings: INR 386 Mn
  • Trade Payables: INR 792 Mn
  • Property, Plant and Equipment: INR 592 Mn
  • Capital Work-in-Progress: INR 286 Mn
  • Trade Receivables: INR 1,388 Mn
  • Cash and Cash Equivalents: INR 672 Mn
  • Total Assets: INR 4,753 Mn

Capex & Cash Flow Health

Not Specified

Strategic & R&D Initiatives

  • Expanding and modernizing data centre, disaster recovery sites, and cybersecurity infrastructure
  • Scaling operations across new Indian states and international expansion in Middle East, Africa, and Asia-Pacific markets
  • Expanding Synergy (low-code digital transformation) and XtraTrust (digital trust & PKI) platforms
  • Ongoing investment in AI, ML, IoT, cloud, blockchain, and edge computing
  • Enhancing platforms with advanced security, automation, and compliance capabilities

Industry Trends & Business Environment

  • Global IT-ITeS market reached USD 5.63 trillion in CY26E, projected to grow at 4.7% CAGR from CY26 to CY30
  • Indian IT-ITeS market reached USD 308 billion in FY26, projected to grow at 6.9% CAGR to USD 430 billion by FY31
  • Government initiatives supporting growth: Rs 20,000 crore fund for R&D in AI, quantum computing, and blockchain; BharatNet rural broadband; Make in India; PLI Scheme

Management Commentary & Growth Outlook

  • Strategic focus on converting substantial bid pipeline into confirmed orders
  • Improving EBITDA and PAT margins
  • Strengthening operating cash flows and enhancing capital efficiency
  • Targeting larger, mission-critical and long-duration engagements
  • International expansion remains a strategic priority
  • Strengthening procurement, supply-chain arrangements, and execution capabilities

Proprietary Platforms

  • SYNERGY: Low-code platform for digital transformation, rapid application development, workflow automation & business process management
  • XtraTrust: Digital trust and PKI-based authentication platform, among MeitY-approved Certifying Authorities for Digital Signature Certificates and e-Sign services