Transcript of Earning Call held on 04th May 2026.
NETWEB · price
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Netweb Technologies delivered a landmark year with FY26 revenue of INR21,836 million, growing 90% YoY, and PAT of INR2,058 million, up 80.9% YoY with 9.3% PAT margin. Q4 revenue stood at INR7,737 million (86.6% YoY growth) with PAT of INR706 million at 9% margin. The AI segment was the standout performer, growing 459.6% YoY and contributing 43.4% of total revenue. The company entered FY27 with a robust order book of INR2,100 crores plus INR300 crores L1 orders (totaling INR2,400 crores), already exceeding last year's total revenue. Management guided for 35%-40% revenue growth and 13%-14% EBITDA margins for the next couple of years, with no significant capex planned. Promoters sold a 4% stake in February 2026 for liquidity purposes with no further dilution planned for 12 months.
Strong execution with AI-driven transformation positions Netweb well for sustained growth; the robust order book and margin guidance provide visibility into FY27 performance, though the AI segment's heavy reliance on government strategic orders warrants monitoring.