Netweb Technologies Net Profit Surges 335% YoY to ₹137 Crore in Q2 FY27

Key numbers

P/E TTM	98.88Sector PE 22.78
Market Cap	₹25,775 CrSoftware & Services
RSI	34.62Oversold Zone
Promoter Holding	64.16%Stable holding

Key highlights

• Net profit for Q2 FY27 surged to ₹137 crore, representing a 60.3% sequential growth over Q1 FY27
• Revenue from operations reached ₹1,323 crore, up from ₹304 crore in the same quarter last year
• Operating margins remained stable at 13.7%, aligning with the 13.8% recorded in both Q1-27 and Q2-26
• Total income for the quarter stood at ₹1,336 crore, supported by other income of ₹12.9 crore
• The company's board approved a proposal to incorporate a wholly owned subsidiary in Taiwan to expand its global footprint

Triple-Digit Growth and Strategic Taiwan Entry

Netweb Technologies India Ltd reported a robust performance for the quarter ended September 30, 2026, with revenue from operations scaling to ₹1,323 crore from ₹304 crore a year earlier. This substantial growth highlights the company's expanding presence in the high-end computing and IT infrastructure market. Parallel to the financial results, the Board of Directors approved a strategic proposal to incorporate a wholly owned subsidiary in Taiwan.

While the incorporation process is in its early stages, this move signals a major intent to integrate more deeply with global technology supply chains and semiconductor hubs to support future hardware innovation.

Operational Efficiency and Margin Stability

• Operating margins remained highly consistent at 13.7%, matching management's long-term guidance of 13% to 14%.
• Profit before tax reached ₹183 crore in Q2 FY27, compared to ₹114 crore in the preceding quarter.
• Total expenses for the period stood at ₹1,153.49 crore as the company scaled its manufacturing and service capabilities.
• Other income increased to ₹12.9 crore during the quarter, providing a boost to the bottom line.
• Sequential net profit growth was 60.3%, while year-on-year growth stood at a significant 335.4%.

Market Context and Stock Performance

The company entered the quarter with a strong order book of ₹2,506.93 crore reported as of June 30, 2026, which has served as a key driver for current revenue recognition. Despite the surge in profits, the stock has experienced cooling in the market, with a monthly price decline of approximately 10%. With an RSI of 34.62, the stock is currently trading near the oversold zone.

The current P/E ratio of 98.88 reflects a significant premium over the industry average of 21.4, as investors price in the company's earlier organic revenue growth guidance of 35% to 40%.

What to watch next

• Incorporation and operational setup of the new Taiwan subsidiary in late 2026
• Execution progress of the ₹2,506.93 crore order book reported as of June 2026
• Next quarterly financial results announcement scheduled for January 2027

Netweb Technologies India · financial snapshot

Share price	₹4335.8
Market capitalisation	₹25,775.29 Cr
Revenue (annual)	₹2,183.56 Cr
Net profit (annual)	₹205.82 Cr
Revenue (latest quarter)	₹819.69 Cr+5.94% vs previous quarter
Net profit (latest quarter)	₹85.32 Cr+20.87% vs previous quarter
P/E (TTM)	98.88×Sector 22.78×
Promoter holding	64.16%-2.82% QoQ
FII holding	9.47%Current quarter

Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.