• Annual financial performance: Netweb clarified that adjusted EBITDA margin was 13.2% to 13.4% after currency adjustments, while full-year revenue grew 90% year-on-year to ₹2,183 crore and profits rose by around 80%.
• AI segment growth: AI revenue surged by over 450%, increasing its contribution from 15% to approximately 43% of total business, driven by strong global demand expected to persist for 18 to 24 months.
• Order book and outlook: Entering the year with an order book of ₹2,000 to ₹2,100 crore, the company maintained its revenue growth projection of 35% to 40% and PAT margin guidance of 9% to 10%.
• Hardware refresh dynamics: Revenue is largely driven by multi-year computing refresh cycles across 2 to 5 years as customers upgrade GPU architectures, supplemented by the addition of over 131 new clients.