Netweb Technologies Q1 FY27: AI Systems Scale Up, Order Book Expands

Revenue from Operations was INR 819.686 crore, Operating EBITDA was INR 120.515 crore (14.70% margin) and PAT was INR 85.323 crore (10.30% margin).

AI Systems led with 62.29% of Revenue from Operations (INR 510.57 crore), followed by Private Cloud at 16.51% (INR 135.346 crore) and HPC at 15.29% (INR 125.294 crore).

Order book was INR 2,506.935 crore and L1 was INR 848.047 crore as of 30 June 2026.

Management stated inventory days rose to 110 primarily due to deliberate raw material buildup to secure key inputs amid surging global demand and shortages for AI compute infrastructure.

Management reiterated an expected pipeline conversion ratio of around 60% and a conversion cycle of about 18 to 24 months.

Management stated it is not guiding for major new capex and that any potential fund raise under an enabling resolution would be primarily for working capital, with no M&A intent stated.