### **Overview** Netweb Technologies India Ltd. is India’s leading Indian-owned and controlled Original Equipment Manufacturer (OEM) in high-end computing solutions (HCS), specializing in the end-to-end design, development, manufacturing, and integration of advanced computing systems. Publicly listed on the NSE and BSE in July 2023, the company has emerged as a key contributor to India’s digital and technological sovereignty under national initiatives such as *Make in India*, *IndiaAI*, and the National Supercomputing Mission. With a strong focus on High-Performance Computing (HPC), Private Cloud & Hyperconverged Infrastructure (HCI), and Artificial Intelligence (AI) Systems, Netweb positions itself as a full-stack, domestically manufactured alternative to global OEMs, serving mission-critical needs in government, defense, research, education, finance, and enterprise sectors. --- ### **Strategic Growth Pillars** Netweb’s business model is anchored on three core technological pillars driving its growth: 1. **High-Performance Computing (HPC)** - Flagship segment with strong legacy; over **500 supercomputing systems deployed** across India. - Notable installations include *AIRAWAT*, India’s largest AI supercomputer (ranked #75 globally in 2023), *PARAM Ambar*, *PARAM Yuva-II*, *Agastya*, and *Kabru*. - Systems scalable from **10 to 1,000 nodes**, managed via proprietary **Tyrone Cluster Manager (TCM)** software. - Contributes ~35% of total revenue, growing at a **57.9% CAGR (FY2022–FY2025)**. 2. **Private Cloud & Hyperconverged Infrastructure (HCI)** - Branded **Tyrone Skylus** integrates compute, storage, and networking into unified, turnkey solutions for private and hybrid cloud environments. - Competes directly with global HCI vendors like Nutanix and VMware with a hardware-software-service stack. - Over **50+ deployments** with marquee clients: Akamai, Graviton, A.P.T. Portfolio, Yotta Data. - Contributes ~35% of revenue, growing at a **103.3% CAGR (FY2022–FY2025)**. 3. **AI Systems & Enterprise Workstations** - Fastest-growing pillar, with AI segment revenue increasing from **14.7% (H1 FY25)** to **25.4% (H1 FY26)** — a **160.7% YoY growth**. - Offers **Tyrone AI Systems** and over **50 workstation models**, supporting **single to 8-GPU configurations**. - Over **5,000 accelerator or GPU-based AI systems deployed** for IITs, IIITs, DRDO, HL Mando, and other public and private institutions. - Proprietary software suite includes **Skylus.ai** and **Kubyts**, enabling composable AI infrastructure. --- ### **Technological Innovation & Product Portfolio** #### **Core Offerings Under 'Tyrone' Brand:** - **Tyrone Camarero AI Platform**: Built on **NVIDIA’s HGX-B200 8x GPU accelerators**, enables large-scale generative AI, LLM training, and exascale computing. - **Skylus.ai**: A breakthrough **AI-native appliance** enabling GPU resource abstraction, dynamic allocation, and **containerized workload orchestration**. Positioned as a “plug-and-play” solution for enterprise AI labs and sovereign cloud environments. - **Kubyts**: Containerized application suite for AI/ML workloads with pre-built, tested images for fast deployment. - **Tyrone KubytsFlow & KubytsHub**: Part of AI orchestration stack supporting MLOps and GenAI pipelines. - **High-Performance Storage (HPS) Solutions**: - *Tyrone Verta*: Unified storage - *Tyrone Collectivo*: Cloud-native and archival - *Tyrone ParallelStor*: Parallel file system for HPC/AI - Up to **450 GBps throughput**, **10 million IOPS**, **exabyte scalability**, **no single point of failure**. Deployed at institutions like **Graviton, INST Mohali, NMDC**. #### **OEM Partnerships & AI Leadership** - **NVIDIA Strategic Partner**: One of only a few Indian OEMs with **MGX design collaboration**. Developing AI GPU systems on **NVIDIA Blackwell (GB200)** platform; over **10 server variants** in portfolio. NVIDIA CEO **Jensen Huang** showcased Netweb’s ARM-based AI systems at **NVIDIA AI Summit 2024**, validating its global relevance. - **Intel & AMD Collaborations**: Launched **'Make in India' servers** based on **Intel Emerald Rapids & Sapphire Rapids**, **AMD Turin & Genoa**, supporting up to **256 cores and 6TB DDR5 memory**. - **Proprietary R&D**: Over **80 employees (18% of workforce)** in R&D (Faridabad, Gurgaon, Hyderabad). Owns **9 design patents**, **13 trademarks**, filed **3 new patents in FY25**. Invests **3% of revenue annually** in R&D. --- ### **Integrated 'Make in India' Capabilities** #### **Manufacturing & Infrastructure** - **State-of-the-art SMT Facility**: Commissioned in **May 2024** in Faridabad (Haryana), featuring **Surface Mount Technology (SMT)**, **PCB design**, **thermal and power testing labs**, and **clean-room environments**. Supports **end-to-end production** of high-end servers, storage, and **enterprise-grade network switches**. - **Production Capacity**: Can manufacture **200+ server models**, **50+ workstation variants**, **15+ storage systems**. One of the few Indian OEMs eligible for **PLI Scheme 2.0** in both **IT Hardware** and **Telecom & Networking** categories. - **PLI Incentives**: Received **₹59.4 million** in FY25 under PLI Scheme, affirming domestic manufacturing excellence. --- ### **Market Opportunities & Strategic Expansion** #### **Growth Drivers** - Rising investments in **sovereign AI**, **generative AI infrastructure**, **indigenous LLMs**, and **data sovereignty**. - Surge in **private cloud adoption**, particularly in **BFSI** (e.g., public sector banks), **government**, and **healthcare**. - **Inbound data center investments** into India, driving demand for local, scalable, secure computing solutions. - Cybersecurity concerns due to **foreign OEM vulnerabilities**, boosting demand for **indigenous, secure systems**. #### **New Product Lines** - **Network Switches**: Launched in 2023–24 with port options up to **400G**, powered by **Netweb SONiC**. Contributed **₹123 million (1%)** in revenue (FY25) with **273% YoY growth**. - **5G ORAN Appliances**: Full-stack 5G core and edge solutions deployed for telecom clients. Supports O-RAN (CU, DU, RU, RIC) ecosystem. #### **International Expansion** - Plans to establish **service networks in 4 countries** across **Europe and the Middle East**. - Already has **5–7% exports**, targeting growth in global sovereign AI and secure cloud markets. #### **Collaborations** - **Bud Ecosystem (Oct 2025)**: Co-developing **localized, offline-capable AI-in-a-Box systems** for education, healthcare, agriculture, and SMEs. Includes **multilingual models (e.g., HEX1)**, **small & large language models**, and **AI agents** with sovereign data management. --- ### **Financial & Operational Performance** #### **Revenue & Growth** - **Total Revenue**: - FY25: **₹11,431 million** (up from ₹7,241 million in FY24) — **69% CAGR over 3 years**. - **Segment Revenue (FY25)**: - HPC: ₹4,055M (35.5%) - Private Cloud & HCI: ₹4,027M (35.2%) - AI Systems: ₹1,694M (14.8%) - Networking Switches: ₹123M (1.1%) - Software & Services: ₹455M (4.0%) - **Order Book & Pipeline** (as of Q1 FY26): - **Order Book**: ₹3,252 million (confirmed) - **L1 Stage Orders**: ₹3,628 million - **Sales Pipeline**: ₹39,714 million - **Operating Financials (Q1 FY26)**: - Operating Income: **₹3,012M (102% YoY growth)** - Operating EBITDA: **₹448M (127% YoY)**, **14.9% margin** - **Zero debt**, **₹475.2M net free cash** (as of June 2025) #### **Customer & Client Metrics** - **H1 FY26 Onboarding**: 61 new clients - **Repeat Customers**: 202, with **average relationship >5.5 years** - **Lifetime Repeat Revenue**: 90.7% (FY25) - **Top Clients**: ISRO, IITs, DRDO, NMDC, Akamai, Infosys, TCS, Railtel, Zoho, Yotta, Graviton, HL Mando