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HomeMarket NewsNetweb Tech shares rise 8% as it wins order worth ₹1,734 crore — Check guidance for FY26
As part of the contract, Netweb Tech will deploy AI infrastructure facility using the latest GPU-accelerated platforms.
Shares of Netweb Technologies Ltd. gained 8% on Wednesday, September 3, as the company said it has won an order worth ₹1,734 crore for the supply of servers based on Nvidia's Blackwell architecture.
Netweb Tech said it secured the order from one of the largest Indian-headquartered global providers of technology distribution and integrated supply chain solutions.
As part of the contract, Netweb Tech will deploy AI infrastructure facility using the latest GPU-accelerated platforms.
The order is to be completed by the first half of the financial year 2027.
Analysts said the order can drive solid growth both in the current and the next fiscal. They added that the order size would be approximately 102% and 72% of their sales estimate for the current and next financial year.
The company's order book pipeline as on June 30, 2025 stood at ₹4,142 crore.
Guidance
Last month, Netweb Technologies' CMD Sanjay Lodha told CNBC-TV18 that the first quarter was a robust one for the company.
The AI segment, which used to be at 7% two years ago was 29% in the first quarter of FY26 and will keep growing at the same pace of 40% compound annual growth rate (CAGR) seen in the past, the company said.
It added that 20-22% of its business would come from AI. Netweb Tech increased the AI contribution guidance from 20% to 22%.
It said 50% of its business comes from the Centre and the remaining comes from high-end enterprises.
The company also maintained its EBITDA margin guidance of 14%. Its profit after tax (PAT) margin guidance is of 10-10.5% for this fiscal. The company said its order execution timeline is between eight to 12 weeks.
Shares of Netweb Tech gained 8% to hit an intraday high of ₹2,449 apiece on Wednesday. The stock was trading 7.4% up at ₹2,434 apiece around 11 am. The stock has gained 69.3% in the last six months but has declined 16.9% this year, so far.
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