Netweb Technologies announced strong H1 FY26 results, with operating income up over 50% and operating EBITDA up over 60% YoY. Operating income stood at ₹3,037.2 Mn for Q2 FY26, a 21.0% YoY growth. Netweb secured strategic orders worth approximately ₹21,840 Mn, solidifying its position as a leader in high-end computing solutions.
Financial Performance Highlights
Netweb Technologies reported robust financial results for H1 FY26. Key highlights include:
- Operating Income: Stood at ₹3,037.2 Mn for Q2 FY26, reflecting a 21.0% YoY increase.
- Operating EBITDA: Reached ₹454.6 Mn, a 25.1% increase over Q2 FY25, with an Operating EBITDA margin of 15.0%.
- PAT: Was reported at ₹314.3 Mn, marking a 20.1% increase over Q2 FY25, and a PAT margin of 10.3%.
- Net Debt: Stood at ₹(2,379.8) Mn as of September 2025.
Segmental Growth
The company experienced significant growth in its AI Systems segment. Income from AI Systems grew by 160.7% YoY during H1 FY26. This segment’s contribution to the company’s operating revenue was 25.4% during the same period.
Key Financial Metrics (₹ Millions)
The following table summarizes the key financial metrics:
Particulars Q2 FY26 Q2 FY25 YOY(%) Q1 FY26 QOQ(%) H1 FY26 H1 FY25 YOY(%) FY25
Total Income 3,046.5 2,531.1 20.4% 3,023.2 0.8% 6,069.1 4,061.2 49.4% 11,584.1
Operating Income 3,037.2 2,510.6 21.0% 3,012.1 0.8% 6,049.4 4,003.8 51.1% 11,490.2
Op EBITDA 454.6 363.4 25.1% 448.0 1.5% 903.2 562.6 60.6% 1,590.4
Op EBITDA Mg (%) 15.0% 14.5% 50 bps 14.9% 10 bps 14.9% 14.1% 88 bps 13.8%
PAT 314.3 261.8 20.1% 304.8 3.1% 619.1 414.2 49.5% 1,137.5
PAT Mg (%) 10.3% 10.3% (3 bps) 10.1% 24 bps 10.2% 10.2% 0 bps 9.8%
Diluted EPS (₹) 5.5 4.6 19.5% 5.4 3.1% 10.9 7.3 48.7% 20.1
Note: Previous periods numbers have been changed in accordance with change in accounting policy for valuation of Raw Materials.
Management Commentary
Mr. Sanjay Lodha, Chairman and Managing Director, commented that the company secured two large strategic orders worth approximately ₹21,840 Mn, to be executed by FY27. He highlighted the 50% YoY growth in operating income and over 60% increase in Operating EBITDA in H1 FY26. The strategic orders aim to strengthen India’s AI compute infrastructure and advance the vision of a Sovereign AI journey.
Source: BSE
