Netweb Technologies India Ltd.revenue ₹1,323 Cr (+336%), AI 58% of sales

Netweb Technologies' Q2 FY27 call, held on 26 October 2026, showed a sovereign computing maker growing at a record pace on AI demand.

Revenue rose 335.7% on the year to ₹1,323 crore, operating EBITDA was ₹197 crore at a 14.9% margin, and profit after tax was ₹137 crore. AI systems were 58.4% of revenue, well above the 35% mix management had expected. The order book stands at ₹2,629 crore with a further ₹653 crore of lowest-bid positions, and the pipeline is ₹11,152 crore. The company raised ₹1,200 crore in its first capital raise since listing and now holds net cash, though inventory days of 117 were built on purpose to deliver orders.

Management is targeting ₹4,000 crore of revenue this year and 30% to 40% annual growth for two to three years, and plans a wholly owned Taiwan R&D subsidiary and a Vera Rubin launch by January. Of 13 earlier promises, two were exceeded, one was met, five are on track, one was missed and four were not mentioned. Gross margin and the 13% to 14% EBITDA range were flagged as items not to extrapolate.