• Capex return targets: Out of the ₹720 crore fresh issue, the company will deploy ₹576 crore on hardware and data center assets, targeting an 85% EBITDA margin, 45% ROCE, 40% PAT margin, and 1x asset turnover in line with global peers.
• AI infrastructure allocation: Approximately 70% of the ₹576 crore asset investment will be directed specifically towards AI infrastructure and GPUs to meet customer demand.
• GPU value dynamics: Management noted that GPUs are functioning as appreciating assets rather than depreciating hardware, driven by Nvidia's CUDA ecosystem and acute semiconductor supply constraints expected over the next 5 to 7 years.
• GPU monetization model: Infrastructure is being provisioned as dedicated private clusters billed on a fixed rate of $5 to $7 per GPU per hour, rather than on a pay-per-consumption or token-generation basis.