Announced Tue, 26 May · 13:24 IST

Netweb Technologies India Limited has informed the Exchange about Credit Rating

Rating UpgradedNew Credit FacilityCredit & Debt View source PDF

NETWEB · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+6.3%1-day move
₹3842.00
prior close
₹3906.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6-0.3-0.2-0.7+6.3+20.5+19.8+25.2+22.2+21.6+27.3+16.6+14.0
Up moveDown movePending
AI summary

CRISIL Ratings has upgraded Netweb Technologies India's long-term rating from 'Crisil A/Stable' to 'Crisil A+/Stable' while reaffirming the short-term rating at 'Crisil A1'. The total bank loan facilities rated have been enhanced significantly from Rs. 260 crore to Rs. 700 crore. The upgrade reflects sustained improvement in the company's business risk profile, driven by ~70% revenue CAGR over three fiscals reaching Rs. 2,183 crore in fiscal 2026, a healthy order book of Rs. 2,098 crore, and strong financial metrics including interest coverage of 22.4 times and networth of Rs. 720.9 crore. The company provides HPC, storage, and AI infrastructure solutions.

Likely market impact

The rating upgrade signals improving creditworthiness and may lower borrowing costs. The significantly enhanced facility size to Rs. 700 crore indicates stronger banking relationships and support for the company's growth plans in the AI and supercomputing space.