Netweb Technologies announced securing two strategic AI orders worth INR 21,840 million, to be executed by FY27, strengthening its position as India’s largest high-end computing solutions OEM. H1 FY26 operating income grew over 50%, with EBITDA increasing by over 60%, achieving a 14.9% margin. AI segment revenue surged by 160%, now contributing 25.4% to the total revenue.
Exceptional Quarter & Strategic Orders
Netweb Technologies reported an exceptional quarter, securing two significant strategic orders valued at approximately INR 21,840 million. These orders, slated for execution by FY27, solidify Netweb’s leadership as India’s foremost OEM in the high-end computing solutions domain. These wins are of national significance, aimed at bolstering India’s AI compute infrastructure and advancing the nation’s Sovereign AI capabilities.
Strong Financial Performance
The company’s operating income for H1 FY26 increased by 51.1% Y-o-Y, reaching INR 6,049 million. Operating EBITDA for H1 FY26 surged by 60.6% Y-o-Y, hitting INR 903.2 million, resulting in an improved EBITDA margin of 14.9%. The Profit After Tax (PAT) for H1 FY26 grew by 49.5% Y-o-Y, reaching INR 619 million, maintaining a PAT margin of 10.2%.
Segment Revenue Growth
The AI segment experienced substantial growth, with revenue contribution rising from 14.7% in H1 FY25 to 25.4% in H1 FY26, marking an impressive surge of 160%. This growth underscores the increasing demand for AI solutions and Netweb’s strong positioning in this rapidly expanding market.
Order Book & Future Outlook
Netweb Technologies maintains a robust organic order book of INR 4,939 million as of September 30, 2025, in addition to the recently secured strategic orders exceeding INR 21,000 million. The company anticipates executing approximately 1/3 of the strategic orders in FY26, with the remainder to be completed in FY27.
Financial Ratios
The Return on Equity (ROE) for H1 FY26 was 22.4%, while the Return on Capital Employed (ROCE) for the same period was 30.2%. The cash conversion cycle stood at 120 days as of September 2025.
Source: BSE
