Netweb Technologies India Limited has informed the Exchange about Credit Rating
NETWEB · price
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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.
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.