#NSE0016- Netweb Technologies appears to be a leading technology firm engaged in high-performance computing and storage solutions, making significant contributions to the computational capacities required in various sectors through its work under India’s National Supercomputing Mission. With their extensive involvement in creating and deploying supercomputers, private clouds, and high-performance storage systems, they play a crucial role in enhancing the technological infrastructure in India.
Supercomputing Systems: With over 300 installations, Netweb Technologies supports massive computational tasks essential for research, weather forecasting, scientific simulations, and more. The fact that two of their supercomputers have consistently ranked in the top 500 worldwide speaks volumes about their performance and reliability.
Private Cloud and HCI Installations: Over 50 installations highlight their capabilities in providing scalable and efficient cloud solutions and hyper-converged infrastructure (HCI) systems. These are critical for businesses seeking robust, scalable, and manageable IT infrastructures.
AI and GPU-Based Systems: The deployment of over 4,000 accelerator/GPU-based systems for artificial intelligence (AI) and enterprise workstations indicates their strong focus on facilitating advanced computing tasks and graphic-intensive processes.
High-Performance Storage (HPS) Solutions: Offering storage solutions with throughput capacities up to 450 GB/sec underlines their commitment to addressing the high-speed data access and processing needs critical in environments handling large datasets and requiring fast data retrieval and storage. The products and solutions offered under the “Tyrone” brand further establish Netweb Technologies as a key player in the tech industry, especially within the realms of high-performance computing (HPC).
Netweb Technologies’ collaboration with leading technology firms like Intel, AMD, Samsung, Nvidia, and Seagate demonstrates a strategic approach to leverage cutting-edge technologies and industry expertise to enhance their product offerings and services.
A market cap of ₹9,940 crores categorizes them as a mid-cap company in the Indian market context. The P/E ratio of 131 is considerably high, suggesting that the market has high expectations for the company’s future growth and profitability. Company is Almost Debt Free The reduction in debt from ₹93 crore to ₹12 crore in Q4 FY24.
Netweb Technologies has demonstrated a strong financial performance in its Q4 FY24 results, showing substantial growth both year-over-year (YoY) and quarter-over-quarter (QoQ). Let’s delve deeper into the key metrics:
Year-over-Year Performance
Revenue: Increased from ₹124 crore to ₹269 crore.
Profit Before Tax (PBT): Grew from ₹14 crore to ₹39 crore.
Profit After Tax (PAT): Rose from ₹10 crore to ₹29 crore.
Earnings Per Share (EPS): Increased from ₹2.07 to ₹5.43.
Quarter-over-Quarter Performance
Revenue: Increased slightly from ₹257 crore to ₹269 crore.
Profit Before Tax (PBT): Increased from ₹35 crore to ₹39 crore.
Profit After Tax (PAT): Increased from ₹26 crore to ₹29 crore..
Earnings Per Share (EPS): Increased from ₹4.77 to ₹5.43.
The stock price range of Netweb Technologies, oscillating between ₹1360 and ₹1750 over the past three months, alongside its inclusion on the Additional Surveillance Measure (ASM) list.
Disclaimer-
It’s important to note that discussions like are for informational purposes only and should not be taken as specific We are not SEBI registered investment advisor. Whether analyzing a company’s financial health, examining market trends, or discussing technical chart patterns, the goal is to provide insights and perspectives that can help you make more informed decisions according to your own research and investment strategy. Always consider consulting with a financial advisor or conducting thorough personal research before making any investment decisions.
