Netweb Technologies India Limited has informed the Exchange about Credit Rating

Credit rating upgradedCredit & Debt View source PDF Explain this filing

NETWEB · price

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

Price reactionminutes from the announcement price · days from the prior close

-0.3%Reaction day

₹1768.80

prior close

₹1750.00

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.8%-1.0% vs market

IT Enabled Services peers, median of 60sector-0.5%+0.2% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Smallcap 250 and 0.2 pts more than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.6

10m

+0.4

15m

+1.4

30m

+0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.3+0.8-1.0-0.5+0.2

Next day

+0.4+1.6-1.2+0.1+0.3

+4.5+3.2+1.3+0.8+3.7

+3.6+3.4+0.1+0.7+2.9

+2.7+4.3-1.6+1.6+1.1

+4.1+5.2-1.1+1.6+2.5

+4.7+4.6+0.1+1.6+3.2

15d

+12.2+5.3+7.0+1.4+10.8

+10.8+5.5+5.2+1.7+9.1

+32.9+0.9+32.0-1.1+33.9

+97.5+2.0+95.5+1.8+95.8

UpDownMarket · Nifty Smallcap 250Sector · IT Enabled Services peers, median of 60Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

CRISIL Ratings has upgraded Netweb Technologies' ratings on its total bank loan facilities of Rs. 124.31 crore. The long-term rating moved up to CRISIL A/Stable from CRISIL A-/Stable, and the short-term rating improved to CRISIL A1 from CRISIL A2+. The upgrade reflects strong revenue growth at a ~70% CAGR over four years, reaching Rs. 1,149 crore in FY25, supported by a healthy order book of Rs. 325 crore plus L1 orders of Rs. 362 crore. The company maintains a debt-free capital structure with a networth of over Rs. 522 crore, nil gearing, and an interest coverage ratio of 34 times. It also benefits from strong liquidity with Rs. 170 crore in cash and a low 27% bank limit utilization, though working capital remains stretched at 200-210 days.

Likely market impact

This is a positive signal for shareholders — the upgrade lowers borrowing costs and confirms the company's strong financial health, fast-growing AI/HPC business, and government PLI scheme support. Operating margin moderation and high working capital intensity remain areas to watch.