AI Systems Revenue Growth
459.6%
+459.6% YoY
AI segment grew nearly 5x YoY, now 43.4% of total revenue.
NETWEBTECHNOLOGIESINDIA
Information Technology
15 May 2026
Netweb Technologies India Ltd — Q4 FY26
Netweb Technologies delivered a stellar Q4 FY26 with revenue of ₹7,737 crore, up 86.6% YoY, driven by a 459.6% surge in AI systems which now constitute 43.4% of revenue.
Financial stats pending filing verification
2-Minute Summary
✦ AI-Generated from Full Transcript
Netweb Technologies delivered a stellar Q4 FY26 with revenue of ₹7,737 crore, up 86.6% YoY, driven by a 459.6% surge in AI systems which now constitute 43.4% of revenue. PAT grew 65.7% YoY to ₹76 crore, with margins stable at ~9%. The company enters FY27 with a robust order book of ₹2,400 crore (including L1), exceeding last year's total revenue. Management guided for 35-40% revenue growth and 13-14% EBITDA margins over the next couple of years, excluding strategic orders. Key risks include potential supply chain constraints for AI components and execution delays in large strategic orders.
Key Numbers
Order Book (incl. L1)
₹2,400 Cr
+100% YoY
Order book at start of FY27 exceeds FY26 full-year revenue.
Pipeline
₹4,400 Cr
N/A
Total pipeline of ₹4,400 crore, with ~60% expected conversion over 18-24 months.
Receivable Days
86 days
-28 days QoQ
Improved from 114 days in Dec 2025 to 86 days in Mar 2026.
Management Guidance
Revenue growth 35-40% for next couple of years
Management guided for 35-40% revenue CAGR over the next 2 years, excluding strategic orders.
Management guidance revenueEBITDA margin 13-14% for next couple of years
Operating EBITDA margin guided in the range of 13-14% for the next couple of years.
Management guidance marginsNo significant capex in FY27
Management indicated no major capex planned for FY27, only routine maintenance capex.
Management guidance capexStrategic order execution over next 3 quarters
The remaining strategic order book (₹1,600 Cr) is expected to be executed over the next three quarters.
Management guidance growthKey Risks
Component supply chain pressure
Surging global AI demand is putting pressure on component prices and supply chains, which could impact margins if not passed through.
medium · management_commentaryExecution delay in strategic orders
Analyst noted that no large order wins or L1 announcements were made in recent quarters, raising concerns about pipeline conversion.
medium · analyst_questionMargin compression from product mix shift
Despite higher base business share, gross margins did not improve sequentially, indicating potential margin pressure from AI segment mix.
low · data_observationNotable Quotes
We are entering the year with a very robust order book of about 2100 crores and L1 inclusive 2400 crores, which is more than the last year's revenue.
The AI demand is really unabated. So that is definitely putting pressure on the component prices and component supply chains.
We are guiding 13 to 14% EBITDA margin range for next couple of years and on the revenue growth we are guiding 35 to 40% growth.
Frequently Asked Questions
What was Netweb Technologies India's revenue in Q4 FY26?
Netweb Technologies India reported revenue of ₹7,737 Cr in Q4 FY26, representing a +86.6% change compared to the same quarter last year.
What guidance did Netweb Technologies India management give for FY27?
Revenue growth 35-40% for next couple of years: Management guided for 35-40% revenue CAGR over the next 2 years, excluding strategic orders. EBITDA margin 13-14% for next couple of years: Operating EBITDA margin guided in the range of 13-14% for the next couple of years. No significant capex in FY27: Management indicated no major capex planned for FY27, only routine maintenance capex. Strategic order execution over next 3 quarters: The remaining strategic order book (₹1,600 Cr) is expected to be executed over the next three quarters.
What are the key risks for Netweb Technologies India in FY27?
Key risks include Component supply chain pressure — Surging global AI demand is putting pressure on component prices and supply chains, which could impact margins if not passed through.; Execution delay in strategic orders — Analyst noted that no large order wins or L1 announcements were made in recent quarters, raising concerns about pipeline conversion.; Margin compression from product mix shift — Despite higher base business share, gross margins did not improve sequentially, indicating potential margin pressure from AI segment mix..
Did Netweb Technologies India meet its previous quarter's guidance?
Scorecard data is being built as historical quarters are processed.
Where can I read the full Netweb Technologies India Q4 FY26 concall transcript?
The full earnings conference call transcript or source release is available on the linked source material. This page provides an AI-generated summary with filing verification status shown on the financial stats.