Netweb Technologies India Limited has announced the book closure period for its 27th Annual General Meeting (AGM), with the Register of Members and Share Transfer Books remaining closed from Saturday, September 12, 2026, to Saturday, September 19, 2026. The AGM is scheduled for September 19, 2026, at 3:00 pm via video conferencing. The company dispatched the notice for the meeting and the annual report for FY26 on August 28, 2026, with remote e-voting opening on September 16, 2026, at 9:00 am and closing on September 18, 2026, at 5:00 pm. MUFG Intime India Private Limited serves as the e-voting platform provider, with the cut-off date for voting rights remaining September 11, 2026.
The company delivered exceptional financial results for the year ended March 31, 2026, with revenue from operations surging 90% YoY to ₹21,835.63 mn compared to ₹11,490.21 mn in FY25. Operating EBITDA increased 79.1% to ₹2,848.4 mn from ₹1,590.43 mn, while profit after tax grew 80.9% to ₹2,058.16 mn from ₹1,137.51 mn. Diluted EPS increased to ₹36.30 from ₹20.11, representing an 80.5% year-on-year growth. The company maintained strong profitability with operating EBITDA margin at 13.0% and PAT margin at 9.3%, though both margins contracted slightly from the previous year. Return on Equity stood at 32.9% and Return on Capital Employed at 37.5%, while the company maintained a net debt-negative position with Net Debt of (₹1,243.5 mn) and Net Worth of ₹7,233.0 mn.
AI Systems emerged as the largest and fastest-growing segment, contributing 43.4% of total operating revenue in FY26 with revenue of ₹9,477.9 mn, representing a remarkable 459.6% YoY growth from ₹1,693.8 mn in FY25. The segment recorded a CAGR of 212.9% from FY23 to FY26, significantly outpacing other business segments. High-Performance Computing (HPC) grew 30.9% to ₹5,307.5 mn, while Private Cloud & HCI increased 28.4% to ₹5,169.7 mn. Software Services and Spare & Others grew 22.2% to ₹1,232.0 mn, and HPS Solutions increased 19.3% to ₹327.7 mn. The company reported a robust sales funnel with 75.6% revenue from repeat customers and 131 new clients onboarded during FY26. During FY26, the company secured significant orders including an order to deploy AI infrastructure comprising over 5,000 GPUs for India's foundational large language model and an order for India's government-owned on-premises AI cloud facility. The company entered FY27 with an order book of ₹2,097.6 crore and a pipeline of ₹4,431.5 crore, providing strong visibility for future execution.
CRISIL upgraded Netweb Technologies' long-term bank facility rating to CRISIL A+/Stable from CRISIL A/Stable during FY26, while reaffirming the short-term rating at CRISIL A1. The Board has recommended a final dividend of ₹3.00 per equity share for FY26, payable on or before October 18, 2026, with the record date for dividend eligibility being August 7, 2026. Shareholder approval is being sought for profit-linked commission payments to executive directors for FY25-26, with specific amounts detailed for each director. The aggregate annual remuneration payable to executive directors who are promoters may exceed 5% of net profit for FY25-26, necessitating shareholder approval by special resolution under Regulation 17(6)(e) of the SEBI Listing Regulations.
Netweb Technologies shares opened at ₹5,165 on the NSE on Thursday against its previous close of ₹5,110 and jumped as much as 4.7% to an intraday high of ₹5,349.50. Since its ₹500 IPO price in 2023, the stock has delivered a multibagger return to its current market price around ₹5,280, translating to a gain of roughly ₹9.56 lakh on every ₹1 lakh invested (excluding dividends, taxes and transaction costs). The stock has demonstrated strong momentum with a surge of almost 45% over the last six months, indicating sustained investor interest and positive market sentiment. As per Business Standard, the stock reached ₹5,338.00 on September 3, 2026, maintaining its strong performance trajectory. The stock has also achieved its 52-week high of ₹5,349.50 on August 24, 2026, with the latest trading session showing continued strength. The 45% surge over the last six months positions Netweb Technologies as a notable performer in the current market environment, with the stock showing remarkable resilience with its 52-week high of ₹5,349.50 and 52-week low of ₹2,600 (as of September 3, 2026), reflecting the stock's volatility and strong recovery potential.
