Netweb Technologies lands significant AI orders, eyes strong growth

Netweb Technologies announced securing two large strategic orders valued at approximately INR21,840 million, slated for execution by financial year 2027. These orders are significant for strengthening India's AI compute infrastructure. The company’s operating income for the first half of fiscal year 2026 grew by 51.1% year-on-year to INR6,049 million, with operating EBITDA increasing by 60.6% to INR903.2 million, achieving a 14.9% margin. Profit after tax (PAT) for H1 FY26 rose by 49.5% year-on-year to INR619.1 million, with a 10.2% margin.

The AI segment's revenue contribution significantly increased from 14.7% in H1 FY25 to 25.4% in H1 FY26, reflecting impressive growth of 160%. Despite the new strategic orders, Netweb maintains its organic growth guidance of 35% to 40% CAGR and an EBITDA margin of 13% to 14%. Approximately one-third of the INR2,100 crore strategic orders are expected to be executed in FY26, with the remainder in FY27. The company's organic order book stood at INR4,939 million as of September 30, 2025, supported by a pipeline of around INR4,000 crores.