Netweb Technologies India Ltd
Netweb Technologies India Ltd
Information TechnologyKey Fundamentals
SmallcapIT - HardwareInformation TechnologyTechnical Indicators
Key Insights
Strengths
4- Company is expected to give good quarter
- Company has delivered good profit growth of 90.4% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 29.0%
- Company's working capital requirements have reduced from 62.4 days to 13.8 days
Weaknesses
2- Stock is trading at 39.9 times its book value
- Promoter holding has decreased over last quarter: -4.02%
Growth Rate
AI Analysis — Bull vs Bear
Netweb Technologies delivers exceptional growth with 90% TTM sales growth and 81% profit growth, backed by strong AI/HPC tailwinds. However, at a PE of 140.6x and PB of 40x, the stock prices in several years of flawless execution, making risk-reward unfavorable for fresh entry at current levels.
- Exceptional revenue growth with 5-year compounded sales CAGR of 73% and TTM sales growth accelerating to 90%
- Profit growth of 90.4% CAGR over 5 years demonstrates strong operating leverage and scalability
- Consistent ROE of 33% last year and 29% 3-year average indicates superior capital efficiency
- Dramatic improvement in working capital cycle from 62.4 days to 13.8 days signals operational excellence and better cash conversion
- 100% analyst buy rating with 2 out of 2 analysts recommending buy reflects unanimous institutional confidence
- Stock has delivered 187% returns in 1 year, showing strong momentum and market recognition
- Positioned in AI/HPC server manufacturing space with India's digital infrastructure push providing multi-year demand visibility
- Market cap of Rs 29,445 Cr with high growth profile makes it a candidate for further institutional ownership increase
- PE ratio of 140.6x is extremely elevated, pricing in multiple years of sustained hypergrowth with no room for execution misses
- Price-to-book of 40x is excessively high, even for a high-growth tech company, implying massive premium over tangible asset base
- Promoter holding decreased by 4.02% in the last quarter, raising concerns about insider confidence at current valuations
- Dividend yield of just 0.05% provides virtually no downside protection or income cushion for investors
- With 90% TTM sales growth, any deceleration to even 40-50% could trigger sharp de-rating from 140x PE multiple
- Limited analyst coverage with only 2 ratings total increases information asymmetry and liquidity risk during corrections
- 52-week high and low data unavailable, making technical risk assessment difficult for position sizing
- Debt-to-equity and EPS data unavailable limits comprehensive financial health assessment
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
- Blackrock meeting scheduled Jun 23 Jun 18
Netweb Technologies will hold a one-on-one meeting with Blackrock in Faridabad on June 23, 2026, relying on publicly available information.
- ₹16.20 Cr block trade on NSE May 29
A block trade of approximately 35,250 shares was executed at ₹4,597.10 per share on the NSE, totalling ₹16.20 crores, likely involving institutional investors.
TL;DR: Recent news flow for Netweb Technologies is limited and largely procedural. An upcoming meeting with Blackrock signals continued institutional interest, while the ₹16.20 crore block trade reflects active institutional participation at current valuations. No material headwinds or catalysts are visible in the current news cycle, leaving the near-term outlook data-dependent on upcoming earnings and order announcements.
Quarterly Results
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 123 | 60 | 145 | 253 | 266 | 149 | 251 | 334 | 415 | 301 | 304 | 805 | 774 |
| Expenses | 108 | 51 | 126 | 219 | 225 | 130 | 215 | 291 | 355 | 256 | 258 | 707 | 677 |
| Operating Profit | 15 | 9 | 19 | 34 | 40 | 20 | 36 | 43 | 59 | 45 | 45 | 98 | 97 |
| OPM % | 12% | 14% | 13% | 14% | 15% | 13% | 14% | 13% | 14% | 15% | 15% | 12% | 12% |
| Other Income | 1 | 0 | 3 | 5 | 4 | 4 | 2 | 2 | 2 | 1 | 1 | 7 | 10 |
| Interest | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 8 |
| Depreciation | 1 | 1 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 4 | 4 |
| PBT | 14 | 7 | 20 | 35 | 40 | 20 | 35 | 40 | 57 | 42 | 42 | 98 | 95 |
| Tax % | 26% | 25% | 25% | 26% | 26% | 25% | 25% | 26% | 26% | 27% | 25% | 25% | 26% |
| Net Profit | 11 | 5 | 15 | 26 | 30 | 15 | 26 | 30 | 43 | 30 | 31 | 73 | 71 |
| EPS in Rs | 2.07 | 0.98 | 2.7 | 4.64 | 5.26 | 2.7 | 4.64 | 5.27 | 7.52 | 5.38 | 5.55 | 12.94 | 12.4 |
Profit & Loss
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 130 | 156 | 143 | 247 | 445 | 724 | 1,149 | 2,184 |
| Expenses | 123 | 148 | 128 | 212 | 375 | 621 | 989 | 1,899 |
| Operating Profit | 7 | 8 | 14 | 35 | 70 | 103 | 160 | 285 |
| OPM % | 5% | 5% | 10% | 14% | 16% | 14% | 14% | 13% |
| Other Income | 0 | 1 | 2 | 1 | 1 | 12 | 9 | 19 |
| Interest | 2 | 3 | 3 | 4 | 4 | 6 | 4 | 13 |
| Depreciation | 1 | 1 | 1 | 2 | 4 | 6 | 11 | 14 |
| PBT | 4 | 5 | 11 | 30 | 63 | 102 | 154 | 277 |
| Tax % | 31% | 27% | 26% | 26% | 25% | 26% | 26% | 26% |
| Net Profit | 3 | 4 | 8 | 22 | 47 | 76 | 114 | 206 |
| EPS in Rs | 4.74 | 6.91 | 14.55 | 39.68 | 9.22 | 13.47 | 20.21 | 36.15 |
| Div. Payout % | 0% | 0% | 0% | 0% | 5% | 15% | 12% | 8% |
Balance Sheet
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 6 | 6 | 10 | 11 | 11 | 11 |
| Reserves | 5 | 8 | 16 | 39 | 83 | 411 | 519 | 712 |
| Borrowings | 11 | 15 | 31 | 34 | 36 | 10 | 8 | 282 |
| Other Liabilities | 29 | 22 | 58 | 70 | 137 | 180 | 355 | 1,249 |
| Total Liabilities | 51 | 51 | 110 | 149 | 266 | 612 | 893 | 2,255 |
| Fixed Assets | 4 | 6 | 7 | 10 | 23 | 44 | 49 | 58 |
| CWIP | 0 | 0 | 0 | 1 | 2 | 1 | 7 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 47 | 44 | 104 | 138 | 241 | 568 | 837 | 2,196 |
| Total Assets | 51 | 51 | 110 | 149 | 266 | 612 | 893 | 2,255 |
Cash Flow
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating | 3 | 3 | -10 | 5 | 27 | 18 | -13 | 171 |
| Investing | -1 | -3 | -2 | -5 | -14 | -145 | 112 | -216 |
| Financing | -2 | 1 | 12 | 0 | -8 | 209 | -18 | 240 |
| Net Cash Flow | 0 | 1 | 0 | 0 | 5 | 83 | 80 | 195 |
| Free Cash Flow | 3 | 1 | -11 | 0 | 14 | 0 | -36 | 161 |
| CFO/OP | 58 | 57 | -62 | 29 | 57 | 50 | 16 | 84 |
Ratios
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 86 | 41 | 143 | 115 | 124 | 93 | 115 | 112 |
| Inventory Days | 29 | 32 | 100 | 75 | 61 | 77 | 92 | 170 |
| Days Payable | 79 | 46 | 146 | 104 | 116 | 85 | 123 | 161 |
| Cash Conversion Cycle | 35 | 28 | 97 | 86 | 69 | 85 | 84 | 121 |
| Working Capital Days | 27 | 27 | 55 | 58 | 55 | 80 | 93 | 14 |
| ROCE % | — | 31% | 36% | 52% | 64% | 38% | 32% | 38% |
Documents
Frequently Asked Questions about Netweb Technologies India Ltd
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Company Information
Incorporated in 1999, Netweb Technologies India (NTI) is one of India‘s leading high-end computing solutions (HCS) providers, with fully integrated design and manufacturing capabilities.[1]