• Financial performance: Netweb Technologies reported a 90% year-on-year increase in turnover to ₹2,183 crore alongside an 80% growth in profitability, while sustaining operating margins at 9% to 10%. Management attributed minor quarter-on-quarter declines to the heavy execution of strategic orders in December.
• AI segment expansion: Revenue from the AI segment surged by approximately 450%, raising its share of total revenue from 15% last year to 43%. The company designs and manufactures systems locally under a top-tier OEM partnership with NVIDIA, covering architectures such as GB200, GB300, and Vera Rubin.
• Order book pipeline: Total order book visibility stands at ₹2,100 crore, consisting of approximately ₹700 crore in organic orders (including ₹472 crore booked and ₹327 crore in L1 status) and ₹1,600 crore in strategic AI mission orders. Backed by a ₹4,500 crore deal funnel, management guided for 35% to 40% growth on the higher base.
• Data center migration: Geopolitical tensions in the Middle East are viewed as a net positive driver for the business, as enterprises migrate data center workloads to India due to safety concerns and favorable domestic policy incentives.