Netweb Technologies India (NETWEB) Q1 26/27 earnings summary

Executive summary

• Achieved record quarterly revenue of INR 8,197 million (₹8,196.86 million), up 172.1% year-over-year, and profit after tax of INR 853 million (₹853.23 million), up 179.9% year-over-year, with a PAT margin of 10.3%.

• AI segment contributed INR 5,105.7 million (62% of revenue), growing 484% year-over-year.

• Order book at INR 25,069.35 million as of June 30, 2026, with L1 position of INR 8,480.47 million and a pipeline of INR 104,100 million, providing strong business visibility.

• Strategic focus on AI, HPC, and Private Cloud, with investments in R&D for physical AI and quantum computing.

• Approved unaudited financial results for Q1 FY27, with Board and Audit Committee review and limited auditor review.

Financial highlights

• Revenue from operations for Q1 FY27: INR 8,197 million (₹8,196.86 million), up 172.1% year-over-year and 5.94% sequentially.

• Operating EBITDA: INR 1,205 million (₹1,205.15 million), up 169% year-over-year, with a margin of 14.7%.

• PAT: INR 853 million (₹853.23 million), up 179.9% year-over-year, with a PAT margin of 10.3%.

• Diluted EPS: ₹14.98, up 178.44% year-over-year.

• Total comprehensive income for Q1 FY27 reached ₹854.09 million.

Outlook and guidance

• Strong business visibility with robust order book and pipeline; 60% pipeline conversion expected over 18-24 months.

• Multi-year demand pipeline expected from national AI initiatives and enterprise HPC adoption.

• No major CapEx planned; routine and light CapEx to continue.

• No material impact from the implementation of new Labour Codes as assessed by management.

• Confident in delivering consistent revenue and profitability growth.