Netweb Technologies India Limited has informed the Exchange about Credit Rating- Others
NETWEB · price
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CRISIL has reaffirmed its credit ratings on Netweb Technologies' bank loan facilities — Long Term at CRISIL A/Stable and Short Term at CRISIL A1. The total rated bank loan facility has been significantly enhanced from Rs. 124.31 crore to Rs. 260 crore, more than doubling the company's sanctioned credit lines. The company reported strong FY25 results with revenue of Rs. 1,149 crore (up from Rs. 724 crore in FY24, a 59% jump) and profit after tax of Rs. 114.47 crore. Netweb continues to operate with zero debt, a networth of over Rs. 522 crore, interest coverage above 34 times, and Rs. 170 crore in cash, reflecting a robust financial profile. The reaffirmation signals continued bank confidence in the company's high-performance computing and cloud solutions business.
Positive for shareholders — ratings reaffirmed at investment grade (A/Stable, A1) along with a major expansion of bank credit lines signals strong lender confidence. The enhanced facility gives Netweb more headroom to fund working capital and growth without stressing its debt-free balance sheet, supporting the ongoing business expansion in HPC and AI-related segments.