Netweb Conference Call Highlights | Q4 FY2026 🔥🔥🔥 The company is rapidly positioning itself as one of the strongest emerging players in India’s AI infrastructure and high-performance computing ecosystem. One of the biggest highlights was the explosive growth in the AI systems business, which grew nearly 460% YoY in FY26 and now contributes more than 43% of the company’s total operating revenue. This clearly shows how rapidly the revenue mix is shifting towards AI-led infrastructure demand. Management repeatedly highlighted that demand for sovereign AI infrastructure in India is becoming extremely strong, especially with the government’s increasing focus on AI compute capacity and large-scale GPU deployment across the country. The company started FY27 with: ▪ ₹2,100 crore firm order book ▪ ₹2,400 crore order book including L1 orders ▪ ₹4,400 crore healthy pipeline Out of this, nearly ₹1,600 crores comes from strategic orders, while the remaining business is organic in nature. Management expects nearly 60% pipeline conversion over the next 18–24 months, which indicates strong medium-term visibility. Another important point was that the company guided for 35–40% revenue growth in FY27 for the core business itself, excluding large strategic order execution. This suggests that the base business itself is growing aggressively. Despite strong growth, management expects EBITDA margins to remain stable around 13–14% over the next few years. One thing that stood out strongly was the company’s in-house capability stack. Management repeatedly emphasized: ▪ In-house R&D ▪ In-house design capability ▪ In-house manufacturing ▪ Ability to adapt to custom AI architectures This positions the company strongly within India’s “Make in India” AI and compute infrastructure theme. The company also commissioned a new 15,000 sq. ft. state-of-the-art manufacturing facility, which enhances capabilities around: ▪ Liquid cooling systems ▪ High-density racks above 150 kW ▪ Next-generation AI infrastructure deployments Management clarified that the company is capability-driven rather than capacity-driven, and current utilization levels remain around 65–70%, leaving room for scaling. Another important point was around AI demand itself. The company highlighted that both AI training and AI inference workloads are creating opportunities simultaneously, and rising inference demand is becoming an additive growth driver rather than replacing existing demand. The Private Cloud and HPC businesses also continue to grow strongly, although their revenue contribution appears lower due to the exponential growth in the AI systems segment. Interestingly, management also highlighted that India is currently more of a sovereign compute market rather than a hyperscaler-led market, though the company remains open to future opportunities involving players like Amazon or Microsoft if required. Operationally, the company continues to maintain a very strong balance sheet position: ▪ Zero net debt company ▪ ₹833 million net free cash ▪ Healthy ROE of 32.9% ▪ ROCE of 37.5% The increase in short-term borrowings during the quarter was clarified as temporary working capital funding for large strategic orders and governed by RBI/covenant-related requirements. Another important detail was the promoter stake sale. Management clarified that the 4% promoter stake sale was done only to improve stock liquidity, and no further dilution is planned for the next 12 months. The company also expects: ▪ Stable cash conversion cycle within 80–110 days ▪ Routine FY27 capex of only ₹20–25 crores ▪ Strong domestic demand to remain the immediate priority before exports Overall, management commentary strongly suggests that the company is positioning itself at the center of India’s rapidly expanding AI infrastructure ecosystem with strong order visibility, scalable in-house capabilities, and aggressive participation in sovereign AI deployment opportunities. Disclaimer: For educational and study purposes only. Not a buy/sell recommendation.

#NetwebTechnologies — Darvas Box breakout setup forming. Entry: ₹4,020 — only on confirmed 1D close above Target: ₹4,450 | SL: ₹3,830 | R:R 1:2.26 Buying under resistance without confirmation = fakeout risk. Discipline over anticipation. 🧠 #NETWEB #DarvasBox #NSE #TechnicalAnalysis

MARKET FAVOURITES DOMINATING DALAL STREET These 25 stocks have surged more than 100% from their respective 52-week lows, reflecting where strong momentum, liquidity, and market attention are currently concentrated. The market always rewards where sentiments, earnings visibility, liquidity, and participation align strongly. 28-05-2026 Disclaimer: For information purposes only.

#NETWEB Consider wave (5) to be almost done here. Now all up to the upcoming earnings. Caution is warranted here. Only if the earnings are great, an extension of wave (5) is possible. THIS IS NOT A BUY/SELL/HOLD RECOMMENDATION. PLEASE DO YOUR OWN DUE DILIGENCE BEFORE MAKING A DECISION. #NetwebTechnologies #Netwebtech

💻 Netweb Technologies India Ltd CMP: 3374 Targets: 4365 → 4910 Falling trendline breakout attempt. High-beta tech structure turning bullish. #NetwebTech #ITInfrastructure #TrendReversal #GrowthStock