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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 One of India’s leading Indian origin, owned and controlled OEM in the space of High-end Computing Solutions (HCS) Earnings Update BSE: 543945 | NSE: NETWEB | Bloomberg: NETWEB:IN July 2026 1
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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 2 THIS PRESENTATION (PRESENTATION) IS NOT AN OFFER TO SELL ANY SECURITIES OR A SOLICITATION TO BUY ANY SECURITIES OF NETWEB TECHNOLOGIES INDIA LIMITED (THE “COMPANY”) OR ITS SUBSIDIARY (TOGETHER WITH THE COMPANY, (THE “GROUP”). The material that follows is a Presentation of general background information about the Company’s activities as at the date of the Presentation or as otherwise indicated. It is information given in summary form and does not purport to be complete and it cannot be guaranteed that such information is true and accurate. This Presentation has been prepared by and is the sole responsibility of the Company. By accessing this Presentation, you are agreeing to be bound by the trading restrictions. It is for general information purposes only and should not be considered as a recommendation that any investor should subscribe to or purchase the Company’s equity shares or other securities. This Presentation includes statements that are, or may be deemed to be, “forward-looking statements”. These forward-looking statements can be identified by the use of forward-looking terminology, including the terms “believes”, “estimates”, “anticipates”, “projects”, “expects”, “intends”, “may”, “will”, “seeks” or “should” or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, aims, objectives, goals, future events or intentions. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this Presentation and include statements regarding the Company’s intentions, beliefs or current expectations concerning, amongst other things, its results or operations, financial condition, liquidity, prospects, growth, strategies and the industry in which the Company operates. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. The factors which may affect the results contemplated by the forward looking statements could include, among others, future changes or developments in (i) the Group’s business, (ii) the Group’s regulatory and competitive environment, and (iii) political, economic, legal and social conditions in India or the jurisdictions in which our Group operates. Forward-looking statements are not guarantees of future performance including those relating to general business plans and strategy of the Company, its future outlook and growth prospects, and future developments in its businesses and its competitive and regulatory environment. No representation, warranty or undertaking, express or implied, is made or assurance given that such statements, views, projections or forecasts, if any, are correct or that the objectives of the Company will be achieved. There are some important factors that could cause material differences to Company’s actual results. These include (i) our ability to successfully implement our strategy (ii) our growth and expansion plans (iii) changes in regulatory norms applicable to the Company (iv) technological changes (v) investment income (vi) cash flow projections etc. The Company, as such, makes no representation or warranty, express or implied, as to, and does not accept any responsibility or liability with respect to, the fairness, accuracy, completeness or correctness of any information or opinions contained herein. The information contained in this Presentation, unless otherwise specified is only current as of the date of this Presentation. The Company assumes no responsibility to publicly amend, modify or revise any forward-looking statements, on the basis of any subsequent development, information or events, or otherwise. Unless otherwise stated in this Presentation, the information contained herein is based on management information and estimates. The information contained herein is subject to change without notice and past performance is not indicative of future results. The Company may alter, modify or otherwise change in any manner the content of this Presentation without obligation to notify any person of such revision or changes. This document is just a Presentation and is not intended to be and does not constitute a “prospectus” or “offer document” or a “private placement offer letter” or an “offering memorandum” or an “offer” or a solicitation of any offer to purchase or sell any securities. It is clarified that this Presentation is not intended to be a document offering for subscription or sale of any securities or inviting offers from the Indian public (including any section thereof) or from persons residing in any other jurisdiction including the United States for the subscription to or sale of any securities including the Company’s equity shares. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. No part of it should form the basis of or be relied upon in connection with any investment decision or any contract or commitment to purchase or subscribe for any securities. This document has not been and will not be reviewed or approved by a regulatory authority in India or by any stock exchange in India. This presentation may not be copied, reproduced, redistributed or disseminated, in whole or in part, without the Company’s prior written consent. No person is authorized to give any information or make any representation inconsistent with this presentation. Failure to comply may constitute a violation of applicable laws. The information contained herein has not been independently verified. 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This data involves risks and uncertainties, is subject to change, and involves elements of subjective judgment and analysis. No representation is made that the results herein will be achieved. Neither this document nor any part of it may be distributed, directly or indirectly, in the United States. This presentation is not an offer to sell or a solicitation to buy the Company’s securities in the United States or any jurisdiction where such offer would be unlawful. Securities may not be offered, sold or transferred in or into the United States absent registration under the United States Securities Act of 1933, as amended (the “Securities Act”), or an applicable exemption therefrom. The Company’s securities have not been and will not be registered under the Securities Act. The distribution of these materials in certain jurisdictions may be restricted by law, and recipients should inform themselves about and observe any such restrictions. By reviewing this presentation, you agree to be bound by these limitations and represent that you are permitted under applicable law to receive it. Information herein is provided “as is” without warranty of any kind. DISCLAIMER
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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 Management Commentary Sanjay Lodha, CMD “ “ Netweb Technologies delivered a record quarter, achieving its highest-ever quarterly Revenue from Operations and Profits. Revenue from Operations stood at ₹8,196.86 million in Q1 FY27, a year-on-year growth of 172.13%. Operating EBITDA stood at ₹1,205.15 million, up 168.99% YoY, with a margin of 14.70%, while PAT stood at ₹853.23 million, growing 179.94% YoY with a margin of 10.30%. This performance reflects sustained demand momentum coupled with disciplined execution across our business. Our AI Systems segment continues to be the key growth driver, contributing ₹5,105.70 million, being 62.29% of Revenue from Operations, growing 484.20% YoY, while HPC and Private Cloud maintained robust traction at ₹1,252.94 million and ₹1,353.46 million respectively, reinforcing the breadth and resilience of our three growth pillars. Our order book stood at ₹25,069.35 million as of 30th June’26, with a L1 of ₹8,480.47 million, providing strong revenue visibility for the coming quarters. The world, and India in particular, is witnessing an unprecedented AI infrastructure build-out, anchored by the IndiaAI Mission's GPU compute, indigenous sovereign foundation models, and world-scale demand from Neocloud providers and CSPs. Sovereign AI compute is no longer aspirational; it is a strategic national imperative, creating a deep, multi-year demand pipeline for high-end computing systems designed and manufactured within the country. As NSM 2.0 shifts to a "build and design in India" approach and HPC adoption broadens to enterprises, indigenous design and domestic manufacturing are emerging as decisive qualification criteria. As one of India's leading Indian-origin OEMs in High-end Computing Solutions, with fully integrated design, manufacturing and deployment capabilities, we bring leadership across our HCS portfolio, reinforced by an early-mover position in AI infrastructure that continues to strengthen our growth trajectory and opportunity pipeline. With sustained investments in innovation, a chip-agnostic design philosophy, alignment with the Make in India vision, and a strong order book, we remain confident in our ability to deliver long-term sustainable growth and create enduring value for all our stakeholders.
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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 Quarterly Highlight Revenue from Operations Operating EBITDA1 Profit before Tax (PBT)2 Profit after Tax (PAT)3 Q1 FY27 8,196.86 1,205.15 1,141.38 853.23 Growth (YoY) 172.13% 168.99% 174.33% 179.94% Growth (QoQ) 5.94% 24.79% 20.37% 20.87% Margin 14.70% 13.78% 10.30% ₹ in millions Note: For superscript 1,2,3 - Refer Annexure II
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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 ₹ in millions Profit & Loss Summary Particulars Q1 FY27 Q1 FY26 YoY(%) Q4 FY26 QoQ(%) FY26 Revenue from Operations 8,196.86 3,012.12 172.13% 7,737.02 5.94% 21,835.63 Operating EBITDA1 1,205.15 448.02 168.99% 965.74 24.79% 2,848.42 Operating EBITDA Margin1 (%) 14.70% 14.87% (17 bps) 12.48% 222 bps 13.04% Other Income 84.72 11.05 666.70% 102.35 (17.23%) 188.42 Finance Cost 115.24 9.78 1078.32% 81.53 41.35% 129.53 Depreciation 33.25 33.23 0.06% 38.34 (13.28%) 142.11 PBT 1,141.38 416.06 174.33% 948.22 20.37% 2,765.20 PAT 853.23 304.79 179.94% 705.93 20.87% 2,058.16 PAT Margin3 (%) 10.30% 10.08% 22 bps 9.00% 130 bps 9.35% Diluted EPS* (₹) 14.98 5.38 178.44% 12.43 20.51% 36.30 Note: For superscript 1,3 - Refer Annexure II; *Not Annualized
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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 ₹ in millions Particulars Mar’25 Mar’26 Jun’26 Equity Share Capital 113.31 113.88 113.88 Other Equity 5,178.50 7,119.10 7,973.57 Net Worth 5,291.81 7,232.98 8,087.45 Total Borrowings 12.72 2,716.71 2,625.06 Lease Liabilities 66.77 105.52 107.71 Free Cash4 1,700.83 4,065.76 733.77 Net Debt5 (1,621.34) (1,243.53) 1,999.00 Net Fixed Assets6 561.11 591.75 608.61 Net Current Assets7 3,023.72 5,397.49 9,450.79 Ratios Gross Fixed Asset Turnover Ratio 8 22.33 33.04 43.89 Cash Conversion Cycle 73 84 96 Balance sheet summary (0.31) (0.17) 0.25 Net Debt5/Equity Mar' 25 Mar' 26 Jun' 26 (1.02) (0.44) 0.41 Net Debt5/ Op. EBITDA1 Mar' 25 Mar' 26 Jun' 26 23.90% 32.87% 44.55% ROE9 (%) Mar' 25 Mar' 26 Jun' 26 34.41% 37.53% 48.16% ROCE10 (%) Mar' 25 Mar' 26 Jun' 26 Note: For superscript 4,5,6,7,8,9,10 - Refer Annexure II
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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 Particulars Mar’25* Mar’26 Jun’26 Receivable Days11 (A) 87 86 78 Inventory Days12 (B) 53 86 110 Payable Days13 (C) 67 88 92 Cash Conversion Cycle ( A+B - C ) 73 84 96 Note: For superscript 11,12,13 - Refer Annexure II *FY25 numbers have been changed in accordance with change in accounting policy for valuation of Raw Materials, Finished Goods and Work in Progress from First In First Out (FIFO) to moving weighted average cost method. The impact is not material Cash Conversion Cycle
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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 Shareholding Pattern (June 2026) 28.07% 17.90% 2.70% 51.33% FIIs DII Body Corporate Others 66.98% 9.27% 5.91% 0.89% 16.95% Promoter Group FIIs DII Body Corporate Others Total Shareholding Non-Promoter Shareholding
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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 One of India’s leading Indian origin, owned and controlled OEM in the space of High-end Computing Solutions (HCS) Investor Presentation BSE: 543945 | NSE: NETWEB | Bloomberg: NETWEB:IN July 2026 9
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INDEX About Netweb Technologies Key Investment Highlights Our HCS Offerings Annexures
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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 6 1 2 3 4 5 About Netweb Technologies One of India’s leading Indian origin, owned and controlled OEM in the space of High-end Computing Solutions (HCS) 125 373 Registered & Applied Patents and Designs17 R&D Team Strength Offers a full stack of product and solution suite with fully integrated capabilities in designing, development, manufacturing and deployment of HCS Collaborates with marquee technology partners such as Nvidia, AMD, Intel, Samsung & Vertiv Develops indigenous technologies for compute, storage and software stack to deploy High-end Computing Solutions (HCS) to meet the rising computational demands of enterprises, academia, PSUs, defense and research organizations One of the select OEMs in the world for designing, engineering & manufacturing latest Gen AI GPU systems & stack under OEM partnership with NVIDIA Aligned with the Government of India's 'Make-in-India' initiative, and recognized as one of the few OEMs in the country to manufacture IT hardware domestically at scale Established in 1999 with manufacturing facilities located in Delhi (NCR) and 22 offices located across India 03 10,000+ Supercomputers listed 17 times in the world's top 500 supercomputers Accelerator / GPU based AI systems To be Q1 FY27 Financial Metrics ROCE10: 48.16% Op EBITDA & Margin1: ₹ 1,205.15 Mn; 14.70% Revenue from Operations : ₹8,196.86 Mn ROE9: 44.55% PAT & Margin3: ₹ 853.23 Mn; 10.30% 600+ Private cloud & HCI installations60+ Supercomputing systems installed Net Debt5/ Op EBITDA1 : 0.41 No. of Engineers Note: For superscript 1,3,5,9,10 - Refer Annexure II To be As of 30th June’26
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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 Note: *Ranked at the time of commissioning; #1Lattice Report; ^processed through our distributor Key Milestones Deployed Airawat#, India’s largest and fastest supercomputer* and ranked 75th in the world, IPO Launched 1999 ESTABLISHED Deployed KABRU at IMSC Chennai, 500th* most powerful supercomputer# Deployed PARAM YUVA II at CDAC#, Pune, one of World’s most powerful supercomputers* Servers' deployed for a surveillance project across 23 states/204 locations for a PSU 2004 2013 2017 2019 2021 Deployed PARAM AMBAR at ISRO; India’s 4th* Fastest Supercomputer# 2022 Qualified for PLI scheme of Govt. of India for IT Hardware 2023 Qualified for PLI (Telecom & Networking), deployed 5G cloud for a global telecom provider; Launched Kubyts - a container platform 2023 2024 Manufacturing partnership with Nvidia for Grace CPU Superchip and GH200 Grace Hopper Superchip MGX Server Design 2025 Commissioned India's flagship end-to-end high-end computing manufacturing facility in Faridabad Received order to deploy AI Infrastructure for India s foundational LLM Model, with over 5,000 GPUs Deployed marquee supercomputing system for ISRO at VSSC, Trivandrum Received order for India's government-owned on- prem AI cloud facility for National Informatics Centre (NIC), using NVIDIA's latest Blackwell architecture under the IndiaAI Mission Built India's sovereign cyber- secure compute facility for CERT-IN using 650+ specialised compute units^ 2026 2025 2026
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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 Our HCS Offerings (1/3) One of India’s leading HCS provider with fully integrated design, development, manufacturing and deployment capabilities HCS High-performance computing (Supercomputing / HPC) systems • Purpose-built specialized hardware designs and architecture • Cater to run complex algorithm & applications at scale Middleware and cluster suite Automated Cluster Management Data Centre servers Cyber secure architecture Low rack space consumption High-end built Storage Wide accelerator support • Designed to reduce the complexity of managing critical and heavy workloads High-performance storage (HPS/Enterprise Storage) solutions Software and services for HCS offerings • Cloud Managed Services – These are the partial or complete management and control of a client's cloud platform, including migration, maintenance, and optimization Cloud solutions Design & Deployment services AI, ML & deep learning as a service Unified Storage Scalable to Exabytes High IOPs Storage Parallel File System Storage Unified Cloud tools Private cloud and hyperconverged infrastructure (HCI) • Private cloud and HCI offers hyper-converged capabilities i.e., combining compute, storage, and network to build Cloud Native Storage HCIHybrid & Multi Cloud AI Systems • AI Systems - Advance and powerful AI systems based on latest Gen GPU architectures design & manufactured in India under OEM partnership with Nvidia & AMD Generative AIMachine Learning & Deep Learning Confidential GPU Computing Built-in AI Utilities • Centralized repository for business-critical information that provides data sharing, data protection across multiple computer systems
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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 High-End Computing Solutions (HCS) Offerings Our HCS Offerings (2/3) v Private cloud and hyperconverged infrastructure (HCI) High-Performance Computing (HPC) Systems AI Systems Data Centre servers High-performance storage (HPS) solutions Enhanced data center capabilities to address the demands of increasingly complex and data- intensive workloads Parallel File System Setup a Private Cloud Quickly and Accelerate your Cloud First Strategy Accelerate your AI Enterprise workloads efficiently with Tyrone AI Systems High-performance unified data storage platforms meant for object, block, file & PFS architecture Make your HPC Cluster Reliable, Agile, and Responsive Unified Storage
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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 339.10 274.71 327.72 72.99 FY24 FY25 FY26 Q1 FY27 2,623.59 4,054.90 5,307.51 1,252.94 FY24 FY25 FY26 Q1 FY27 High-Performance Computing (Supercomputing / HPC) systems Software services, spares and othersData Centre servers AI Systems High-Performance Storage (HPS/Enterprise Storage) solutions 2,643.87 4,026.53 5,169.71 1,353.46 FY24 FY25 FY26 Q1 FY27 337.05 372.84 320.80 111.87 FY24 FY25 FY26 Q1 FY27 ₹ in Millions Private Cloud and Hyperconverged Infrastructure (HCI) 799.00 1,693.84 9,477.94 5,105.70 FY24 FY25 FY26 Q1 FY27 498.11 1,008.12 1,231.95 299.88 FY24 FY25 FY26 Q1 FY27 42.23%* 39.83%* 244.42%* *CAGR FY24-FY26 To be Q1 FY27 – Revenue Breakdown by offerings 15.29% 16.51% 62.29% 0.89% 1.36% Supercomputing / HPC Systems Private cloud & HCI AI Systems HPS solutions Data centre server Software services, spares and others AI Systems Private Cloud HPC 3.66% Our HCS Offerings: revenue break-up (3/3) ₹ in Millions
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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 Experienced Board & Senior Management Team 4 Key Investment Highlights Sustainable Long-Term Growth Drivers 6 End-to-end full stack solutions with in-house designed & manufactured hardware and proprietary software 2 Track record of strong financial performance and consistent growth 5 Early-mover advantage in a fast-growing industry 1 Long standing relationship with a marquee and diverse customer base 3
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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 Early identification of emerging technology trends has positioned Netweb as an early mover in a rapidly expanding industry 1. early-mover advantage in a Fast-growing industry (1/3) 58.0 71.4 111.9 FY24 FY26 FY30P 11.9%# 11.0%# Indian HPC Market (INR Bn)* Indian Private Cloud & HCI Market (INR Bn)* 314.1 456.7 919.1 FY24 FY26 FY30P 19.1%# 20.6%# India AI Market (INR Bn)* 180.9 322.7 1,142.9 FY24 FY26 FY30P 37.2%# 33.6%# Industry Landscape HPC adoption is broadening from research institutions to enterprises across manufacturing, life sciences, oil & gas, BFSI & government Private cloud & HCI demand is broadening from regulated sectors to mainstream enterprise IT, driven by data sovereignty, platform migration and hybrid cloud adoption AI systems demand is moving from one-off training projects to continuous, inference-driven enterprise workloads *1Lattice Report; #CAGR
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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 Early identification of the shift towards accelerated computing has positioned Netweb as an early mover in AI Systems 1. early-mover advantage in a Fast-growing industry (2/3) 41.5 115.4 282.9 FY24 FY26 FY30P 25.1%# 66.8%# India AI Infrastructure Market (INR Bn)* Indian AI Software Market (INR Bn)* 54.3 96.8 342.9 FY24 FY26 FY30P 37.2%# 33.6%# AI Tailwinds To be Structural demand positioning AI as the next major technology investment cycle Investment-led AI tailwinds • India is witnessing an unprecedented build-out of AI infrastructure, anchored by the Government of India's IndiaAI Mission • AI cloud players including Neocloud, have committed billions to AI infrastructure Indian AI Data Centre Capacity (GW)* 0.07 0.24 FY24 FY26 FY30P 119.6%-137.8%# 74.2%# *1Lattice Report; #CAGR 4.00-5.50 Demand-led AI tailwinds • Evolution from predictive AI to autonomous agents is expanding enterprise compute requirements • Enterprise AI moving from pilots to production, driving demand for integrated AI factories
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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 Regulatory Measures & Sovereign AI Initiatives Accelerating India’s Compute Infrastructure Development 1. early-mover advantage in a Fast-growing industry (3/3) c IndiaAI Mission ✓ ~INR 103bn allocation over FY25-29 expanding domestic compute AI infrastructure, foundational models, datasets, AI applications c Make in India ✓ Sovereign compute push under Make in India driving demand for domestically built AI& compute infrastructure c NSM 2.0 ✓ Targets pre-exascale and exascale systems by CY28 built on indigenous servers and software, making domestic design and manufacturing key procurement criteria c Data Center Demand ✓ State policies offering land, subsidised power and stamp-duty incentives are expected to broaden the market into Tier-II cities and state-promoted data centre parks To be Key policy initiatives strengthening India’s sovereign compute ecosystem To be India’s digital infrastructure and sovereign AI initiatives are accelerating demand for domestic compute infrastructure Investment-led infrastructure expansion Rising digital adoption and data generation Sovereign AI and domestic compute push Data center policy support strengthening tech infra 5G-led increase in compute- heavy workloads Workflow-led government digitalization
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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 c End-to-End Designing & Production of AI servers crc Proprietary middleware solutions End user utilities Pre-compiled application stack Design Providing End-to-End Solutions with Fully Integrated Design, Manufacturing, Development and Deployment capabilities, and compliant with Make in India policy Full stack of product and solution suite with comprehensive capabilities in designing, developing, implementing and integrating HPC solutions In-house expert design team Quality control measures Scalable production capacity Very Low Failure Rate Advance Technology Integration 26 Years of Domain Expertise Design proprietary hardware, middleware stack and related software solutions Manufacturing facility capable of producing x86 architecture & RISC based systems for high-end computing Deploy supercomputing infra covering all layers of compute, storage, interconnect, middleware and algorithms Manufacture Deployment 2. End-to-end full stack solutions with in-house designed & manufactured ….hardware and proprietary software (1/3)
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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 The company’s R&D Facilities have enabled the development of integrated HCS solutions combining hardware and software capabilities Private Cloud Solution, HCI Appliance and Private Cloud utility Private Cloud and HCI Container Optimized Utility for AI (Machine learning and Deep learning) Workloads AI Systems Composable GPU aggregation-disaggregation suite designed to optimize GPU resource management for AI including GenAI workloads Manages AI and machine learning workloads by Data Pipeline Management , ETL/ELT Integrations, integrated FM Ops & MLOps engine HPC / Supercomputing Systems Simplified Cluster Deployment and Unified Management Data Centre Servers Dual/ Multi processor server, AI Systems and Enterprise Workstation models Unified, Flexible, High-Performing Storage Solution (an upgraded version of Tyrone Opslag FS2) High-Performance Storage Solution for HPC, AI and Container workloads High throughput , high IOPs Multi Tier GDS (GPU Direct Storage) Storage Unifying data across flash, disk, tape, and cloud into a single global namespace HPS Solutions 2. End-to-end full stack solutions with in-house designed & manufactured ….hardware and proprietary software (2/3)
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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 One of India’s leading HCS solution providers Technical Expertise ● Deep Expertise in system design & architecture ● Expertise in Hardware & middleware ● Exposure to large problem sets ● Technical skill set & expertise 31 2 Built high-performance data storage platforms Industry Entry Barriers Modification of designs and changes in implementation requires: Rapidity of technological advancement necessitates: ● Hardware & Middleware Innovation ● Application Optimization ● Track Record of Customer Service ● Fine Tuning of Architectures Technical Skillset IP led innovation in System Manufacturing Application suite for Private Cloud & AI Kernel-Level Design Hardware Product Designs Fine-Tuned PCB Layouts Repository of HPC-AI Codes Mixed-Workload CapabilitiesDense Architectures Continuous R&D System security – cyber secure firmware Built some of the world’s fastest supercomputing systems 125R&D Professionals* 17Design & Patents*# Built Sovereign AI, Private Cloud & Centre of Excellence for Govt. of India and enterprises *As of 30th June 2026; #Includes Registered and Applied for 2. End-to-end full stack solutions with in-house designed & manufactured ….hardware and proprietary software (3/3)
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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 Note: *Large enterprises includes IT & ITES, media & entertainment, telecom, cloud services etc. Government & Defense Educational Institutes New Age Financial Services Large Enterprises* 3. Long standing relationship with a marquee & diverse customer base (1/2) Catering to the end-to-end needs of customers that enable the company to attract new customers and diversify its customer base
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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 Customer Concentration* 64.46% 65.81% 76.42% 87.71% 50.34% 50.84% 62.23% 81.20% FY24 FY25 FY26 Q1FY27 Top 10 Top 5 Note: *CAGR FY20 –FY24, ^As a % of revenue from operations excludes other operating revenue 26 Customers featured in the top 10 customer pool across FY24, FY25, FY26, and Q1 FY27, reflecting limited customer concentration Years 8.90% Customer Accretion CAGR# Average tenure of Top 10 customers (Q1FY27) using FY16 as base7.68 477 New customers onboarded from FY24 to Q1FY27 Revenue from Repeat Customers* 69.00% 81.39% 75.62% 98.92% FY24 FY25 FY26 Q1FY27 Repeat Customers (Q1 FY27) associated for over 6 years using FY16 as base139 * % of revenue from operations excludes other operating revenue; #Compounded annual growth in the number of customers from FY2020 to Q1FY27 Catering to the end-to-end needs of customers that enable the company to attract new customers and diversify its customer base 171 147 131 28New Customers onboarded 3. Long standing relationship with a marquee & diverse customer base (2/2) Years
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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 Sanjay Lodha Chairman and Managing Director ● Founded Netweb Technologies in 1996 ● BA (hons) in economics & PG diploma in business management ● Vice President of MAIT Mrutyunjay Mahapatra Independent Director ● Has served as Deputy MD at SBI & MD and CEO of Syndicate Bank ● 40+ years of experience in Banking and Finance Sector ● Holds Bachelor’s and Master’s Degree in Physics Navin Lodha Whole Time Director ● Leads West Zone of company's sales and Marketing Dept ● 25+ years of experience in sales and marketing ● Holds a bachelor’s degree in commerce Prof. Jasjeet Singh Bagla Independent Director ● Presently associated with IISER, Mohali ● 25+ years of experience in Research and Academia ● Holds Bachelor’s and Master’s Degree in Science, PhD in Physics Vivek Lodha Whole Time Director ● Leads East Zone of company's sales and Marketing Dept ● 18+ years of experience in sales and marketing ● Holds a bachelor’s degree in commerce Niraj Lodha Whole Time Director ● Leads South Zone of company's sales and Marketing Dept ● 18+ years of experience in sales and marketing ● Holds a bachelor’s degree in commerce Romi Jatta Independent Director ● Presently, Chief Procurement Officer at Usha India Ltd ● 23+ years of experience ● Holds a Bachelor’s degree in Electronics Engineering Vikas Modi Independent Director ● Partner in Doogar and Associates, a CA firm Since 2006 ● Holds a Bachelor’s Degree in commerce , CA with membership from ICAI Board of Directors 4. Experienced Board and Senior Management Team (1/2)
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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 Senior Management Hemant Agarwal Chief Operating Officer ● 23+ years of experience with the company ● Holds a bachelors’ degree in commerce from the University of Calcutta Hirdey Vikram Chief Sales and Marketing Officer ● 15+ years of Experience with the company ● Previously associated with HCL Infosystems Limited ● Holds a B.Tech (Information Technology) Mukesh Golla Chief Research and Development Officer ● 22+ years of Experience with the company ● Holds a B.Tech (Computer Science and Engineering) Mukul Kedia Chief Strategy Officer ● 15+ years of experience in Corporate strategy, finance and capital markets ● Holds a certificate of membership from the Institute of Chartered Accountants of India Swastik Chakraborty VP - Technology ● 12+ years of Experience in the tech industry ● Holds a Master of Science (M.Sc.) degree in Electronic Science from Calcutta University Lohit Chhabra Company Secretary and Compliance Officer ● 11+ years of experience in secretarial compliance ● Holds a Bachelors degree in commerce and also holds a certificate of membership from the Institute of Company Secretaries of India Ankit Kumar Singhal Chief Financial Officer ● 14+ years of experience in Accountancy and Finance ● Holds a bachelors degree in commerce and is a chartered accountant 4. Experienced Board and Senior Management Team (2/2)
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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 759.03 1,137.51 2,058.16 853.23 10.31% 9.82% 9.35% 10.30% 7.00% 7.50% 8.00% 8.50% 9.00% 9.50% 10.00% 10.50% 11.00% 11.50% 12.00% FY24 FY25 FY26 Q1 FY27 1,025.29 1,590.43 2,848.42 1,205.15 14.16% 13.84% 13.04% 14.70% 10.0% 11.0% 12.0% 13.0% 14.0% 15.0% FY24 FY25 FY26 Q1 FY27 ROE9ROCE10Net Debt Ratios1,5 PAT3 (INR Mn & % Margin) 5. Track record of strong financial performance and consistent growth 7,240.75 11,490.21 21,835.63 8,196.86 FY24 FY25 FY26 Q1 FY27 *73.66% (0.24) (0.31) (0.17) 0.25 (0.99) (1.02) (0.44) 0.41 FY24 FY25 FY26 Q1 FY27 Net Debt/Equity Net Debt/Op. EBITDA 29.40% 23.90% 32.87% 44.55% FY24 FY25 FY26 Q1 FY27 38.52% 32.41% 37.53% 48.16% FY24 FY25 FY26 Q1 FY27 Op. EBITDA1 (INR Mn & % Margin)Revenue from Operations (INR Mn) *66.68% *64.67% Note: For superscript 1,3,5,9,10 - Refer Annexure II; *CAGR FY24-FY26
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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 With a well-defined sales funnel and a robust pipeline, we are well positioned to deliver medium to long-term sustainable growth Strong Business Visibility ₹104,100.00 Mn Pipeline* ₹8,480.47 Mn L1* ₹25,069.35 Mn Order Book Strong business pipeline backed by broad market presence Deep relationships with marquee customers across sectors Proven execution track record and conversion capability One of the leading HCS solution providers, reinforced by an early- mover position in AI infrastructure Order Book Confirmed purchase orders received from customers that are pending execution/ billing as on the reporting date L1 Tenders and bids where Netweb has been declared L1 (lowest qualified bidder) or selected as the preferred vendor, but where the formal purchase order or contract is yet to be issued or accepted Pipeline represents the total value of active business opportunities under pursuit and serves as an indicator of Netweb’s demand visibility Our Execution Funnel 6. Sustainable Long-Term Growth Drivers (1/2) #Pipeline excludes L1, L1 excludes Order Book, all figures are as of 30 th June’26
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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 Industry Tailwind Unprecedented global and Indian AI build-out, anchored locally by IndiaAI Mission GPU compute, sovereign foundation models and dataset platforms, and world-scale Neocloud/ CSP demand Our Strategy Innovate across every layer - dense AI compute with differentiated design, advanced power and liquid cooling, GPU orchestration, AI workspace management and cloud stack Maintain a chip-agnostic design philosophy Pre-curated sovereign AI appliances and ready recipes, e.g. AI data lake & fabric, cyber appliances- built on indigenous systems with proprietary software, for enterprise and central/ state sovereign AI programmes Deepening Core Business Verticals AI SystemsPrivate Cloud & HCI Industry Tailwind Data localization, compliance mandates, virtualization-to-cloud migration, hybrid-over-public shift and AI-ready DC expansion driving sovereign private cloud demand Our Strategy Supply indigenous private cloud and HCI to colocation operators, cloud providers and enterprises Meet localization and sovereignty demand with Tyrone Skylus - our fully indigenous alternative to public cloud Offer a single integrated stack that eliminates multiple software licenses for cloud builds and displaces legacy virtualization Push into Tier-II and DC parks with edge and compact HCI, backed by 22 offices HPC Industry Tailwind Unprecedented HPC adoption across industries, national missions, growing simulation and scientific workloads, and AI–supercomputing convergence Our Strategy Align design, domestic manufacturing, application porting and middleware with NSM 2.0's shift from "buy" to "build & design in India“ Invest in low-footprint designs, advanced interconnects, porting expertise and direct liquid cooling for exascale, where solution efficiency decides evaluations Expand beyond government and research to enterprises and emerging sectors Future Opportunities Physical AI Industry Tailwind Physical AI is emerging as the next frontier of AI adoption, driving demand for real-time compute, storage and edge infrastructure Our Strategy Invest in R&D across the physical AI stack- hardware, agentic and interface layers Position our AI systems, digital twins and in-house software as the training and simulation backbone for India's physical AI developers Prioritise defense, national security and strategic manufacturing, where indigenous design and secure supply chains decide Industry Tailwind India's National Quantum Mission and hybrid quantum- classical computing driving demand for accelerated computing infrastructure Quantum Computing Our Strategy Commenced R&D of quantum simulators and emulators- classical HPC platforms that let institutions, academia and enterprises develop and validate quantum algorithms on simulated qubits before committing to scarce, costly physical hardware Engage with the institutions, thematic hubs and start-ups constituting the National Quantum Mission ecosystem as a technology partner/provider 6. Sustainable Long-Term Growth Drivers (2/2)
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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 Thank You Chief Financial Officer Investor Relations Advisor Sanjeev Sancheti Email: ir@uirtus.in Ankit Kumar Singhal Email: ankit.singhal@netwebindia.com netwebindia.com company/netweb-technologies twitter.com/netwebtech
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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 Annexure I: Manufacturing Facility
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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 Manufacturing facility
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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 Annexure II: Financial Notes
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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 RATIOS June 2026 Annualized Non-Annualized Net Debt5/ Op EBITDA1 0.41 1.66 ROE9 44.55% 11.14% ROCE10 48.16% 12.04% Gross Fixed Asset Turnover8 43.89 10.97 Note: For superscript 1,5,8,9,10 - Refer Annexure II
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R=31 G=172 B=226 R=6 G=34 B=65 R=2 G=237 B=246 R=18 G=104 B=178 R=91 G=88 B=154 R=191 G=191 B=191 Notes 1. Operating EBITDA is calculated as Profit before Tax (PBT) plus ‘Depreciation and amortization expenses’ and ‘Finance cost’ less ‘Other income’; Operating EBITDA Margin is calculated as Operating EBITDA divided by ‘Revenue from operations’ 2. Profit before Tax (PBT) margin is a percentage of ‘Profit before tax’ divided by ‘Total Income’ 3. Profit after Tax (PAT) margin is a percentage of ‘Profit for the period/year’ divided by ‘Total Income’ 4. Free Cash is calculated as ‘Cash and cash equivalents’ and non-lien cash from ‘Bank balances other than cash and cash equivalents’ 5. Net Debt is calculated as Non-current & current ‘Borrowings’ plus Non-current & current ‘Lease Liabilities’ less Free Cash 6. Net Fixed Assets is calculated as sum of ‘Property, plant and equipment’ , ‘Capital work-in-progress’ , ‘Right-of-use assets’ , ‘Other intangible assets’ & ‘Intangible assets under development’ 7. Net Current Assets is calculated as ‘Current assets’ less ‘Current liabilities’ plus current ‘Borrowings’ plus current ‘Lease liabilities’ less Free Cash 8. Gross Fixed Asset Turnover Ratio for the full years are calculated as ‘Revenue from operations’ divided by average of the current and previous years’ Gross Fixed Assets and for June’26 it is calculated as annualized ‘Revenue from operations’ for the quarter divided by average of June’26 & March’26 Gross Fixed Assets; Gross Fixed Assets is sum of Gross Carrying Amount of ‘Property, plant and equipment’ , and ‘Other intangible assets’ 9. Return on Equity for full years are calculated as PAT for the respective years divided by average of the current and previous years’ ‘Total Equity’ and for June’26 it is calculated as annualized PAT for June’26 divided by average of June’26 & March’26 ‘Total Equity’ 10. Return on Capital Employed for full years are calculated as EBIT for the respective years divided by average of the current and previous years’ Capital Employed and for June’26 it is calculated as annualized EBIT for June’26 divided by average of June’26 & March’26 Capital Employed; EBIT is calculated as PBT plus ‘Finance cost’ ; Capital Employed is calculated as sum of ‘Total equity’ , Non-current & current ‘Borrowings’ , and Non-current & current ‘Lease Liabilities’ 11. Receivable Days for the full years are calculated as average of the current and previous years’ ‘Trade receivables’ divided by ‘Revenue from operations’ for the respective years as multiplied by 365 days and for June’26 it is calculated as average of June’26 & March’26 ‘Trade receivables’ divided by ‘Revenue from operations’ for June’26 quarter as multiplied by 91 days 12. Inventory Days for the full years are calculated as average of the current and previous years’ ‘Inventory’ divided by ‘Revenue from operations’ for the respective years as multiplied by 365 days and for June’26 it is calculated as average of June’26 & March’26 ‘Inventory’ divided by ‘Revenue from operations’ for June’26 quarter as multiplied by 91 days 13. Payable Days for the full years are calculated as average of the current and previous years’ ‘Trade Payables’ divided by ‘Revenue from operations’ for the respective year as multiplied by 365 days and for June’26 it is calculated as average of June’26 & March’26 ‘Trade Payables’ divided by ‘Revenue from operations’ for June’26 quarter as multiplied by 91 days 14. Annualized Q1 FY27 ratios in the presentation has been calculated by multiplying the relevant Q1 FY27 Operating EBITDA, EBIT, PAT or Revenue from Operations by 4 for the computation of Net Debt/Operating EBITDA, ROCE, ROE and Gross Fixed Asset Turnover respectively