E2ENSEE2E Networks LimitedHighNeutral
Announced Mon, 20 Apr · 15:44 IST

E2E Networks Limited has submitted to the Exchange, the Audited financial results for the period ended March 31, 2026.

Revenue Growth 20pctPat NegativeEbitda Margin ExpansionNegative Operating CashflowResults View source PDF

E2E · price

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AI summary

E2E Networks reported FY'26 revenue of Rs 2,456 million, up 49.8% from Rs 1,640 million in FY'25, driven by H200 GPU capacity expansion. Q4 FY'26 revenue was Rs 956 million, a 186% jump year-on-year. The company posted a full-year PAT loss of Rs 156 million (vs profit of Rs 475 million in FY'25), entirely due to a Rs 1,092 million surge in depreciation from Rs 1,185+ crore of GPU infrastructure commissioned during the year. Q4 PBT turned positive at Rs 86 million versus a loss of Rs 75 million in Q3. EBITDA grew 30.6% YoY to Rs 1,263 million with Q4 margin at 60.7%, expanding 2,090 basis points YoY. Operating cash flow remained strongly positive at Rs 1,221 million. The Board also approved a 10:1 stock split to improve retail accessibility, subject to shareholder approval.

Likely market impact

The company shows strong top-line momentum and cash generation despite reporting a net loss due to heavy depreciation on GPU capex. Q4 profit recovery is a positive signal. The stock split could attract more retail participation once implemented. The PAT loss is expected given the infrastructure buildout phase.