MarketFriction

E2E Networks Ltd

NSE E2E · BSE 544783 · IT Enabled Services
₹648.00 -0.38%
NSE close2026-10-01
52 week range183.36 - 698.00
Market cap₹13,399 Cr.
P/E430
IPO 2018 · +7468% since Microcap 250 Price band 5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales2224294148423336447096157
Expenses101314141617202626303839
Operating Profit1111152731251311184058118
OPM %52%47%52%66%66%59%40%29%41%57%61%75%
Other Income0100113251585511
Interest0123442225410
Depreciation348111318192743485161
Profit before tax97614161618-4-18-8959
Tax %33%25%37%25%25%25%23%-24%-27%-24%25%25%
Net Profit66410121214-3-13-6644
EPS in Rs0.400.390.240.700.720.580.68-0.14-0.67-0.280.312.13
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales212936342535526694164246366
Expenses8131823262529334767119133
Operating Profit13171811-11023334897126234
OPM %61%57%50%32%-4.8%29%44%50%51%59%51%64%
Other Income000021012393430
Interest110000004131220
Depreciation910109101218201660169202
Profit before tax3682-9-15133063-2141
Tax %33%31%29%29%0%0%-22%25%28%24%-27%
Net Profit2462-9-16102247-1631
EPS in Rs8.2216.560.500.12-0.65-0.090.450.681.512.38-0.761.49
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth28%47%55%131%
Compounded Profit Growth%%%-10%
Stock Price CAGR%171%153%103%
Return on Equity3%3%2%-1%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.270.270.27121414141414142021
Reserves461161910132435561,5731,664
Borrowings25200042614473159
Other Liabilities124444571340915484
Total Liabilities813182138283748682552,5812,328
Fixed Assets711111011102637422103891,036
CWIP0000000000636533
Investments0004180000000
Other Assets1377919101126451,555759
Total Assets813182138283748682552,5812,328
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity513141410-21326364388122
Cash from Investing Activity-8-13-10-12-2411-19-19-21-144-983-429
Cash from Financing Activity40-2-21502-2-2921,350165
Net Cash Flow002019-4512-9456-142
Free Cash Flow-4036-0-11-11517-103-37-1,140
CFO/OP104%107%95%97%115%105%115%113%113%94%94%97%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days2191928910413102225
Inventory Days000000000000
Days Payable
Cash Conversion Cycle2191928910413102225
Working Capital Days-27-3934630-54-31-54-107-1,607-391
ROCE %44%54%54%9%-37%-5%15%29%25%8%-1%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters59.71%59.71%59.71%59.66%51.56%43.83%43.60%40.61%40.35%40.30%39.45%39.45%
FIIs1.68%1.68%1.67%1.28%3.39%3.04%3.82%2.97%2.48%0.97%0.91%1.27%
DIIs5.99%6.09%5.75%4.31%4.11%3.67%3.80%3.48%4.07%5.57%6.58%6.07%
Public32.20%32.22%32.65%34.60%40.83%49.41%48.65%52.85%52.52%53.07%52.98%53.15%
Others0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.05%
No. of Shareholders4,9305,9608,15314,90723,08338,37744,59850,65553,40359,05368,94686,433

Fundamentals

Market Cap₹ 13,399 Cr.
Current Price₹ 652
Stock P/E430
Book Value₹ 82.0
ROCE-0.51 %
ROE-0.95 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)131%
Compounded Profit Growth (TTM)-10%
Standalone figures.
Valuation
Market capRs 13,321 Cr
Enterprise valueRs 13,114 Cr
P/E (TTM)427.49x
Price to book7.91x
Price to sales36.37x
EV / EBITDA49.66x
EV / EBIT212.75x
EV / sales35.81x
Price to cash flow109.13x
Earnings yield0.23%
P/E, 3-year average7.42x
P/B, 3-year average0.78x
P/E, 5-year average5.03x
P/B, 5-year average0.66x
Profitability
Operating margin (excl. other income)51.41%
Operating margin (incl. other income)65.26%
EBITDA margin72.11%
Pre-tax margin11.24%
Net profit margin8.51%
Net margin, latest quarter27.99%
ROE-0.95%
ROCE-0.51%
ROA-0.63%
ROE, 3-year average13.71%
ROCE, 3-year average10.87%
ROA, 3-year average5.41%
ROE, 5-year average16.65%
ROCE, 5-year average15.29%
ROA, 5-year average9.70%
ROIC (approx.)3.06%
Tax rate26.56%
Other income / net worth2.02%
Growth
Sales growth (latest year)49.78%
Profit growth (latest year)-132.79%
Sales CAGR, 3 years54.80%
Sales CAGR, 5 years47.40%
Sales growth QoQ63.91%
Profit growth QoQ581.37%
Sales growth YoY (latest quarter)334.12%
Per share
EPS (TTM)Rs 1.52
EPS (latest year)Rs -7.57
EPS (latest quarter)Rs 2.13
EPS, 3-year averageRs 10.44
EPS, 5-year averageRs 8.52
Book value per shareRs 81.97
Sales per shareRs 17.82
Cash flow per shareRs 5.94
Free cash flow per shareRs -55.46
Efficiency
Asset turnover0.11x
Fixed asset turnover0.24x
Debtor days25 days
Debtors turnover14.34x
Cash conversion cycle25 days
Working capital days-391 days
Leverage
Total debtRs 159 Cr
Cash and bankRs 366 Cr
Net debtRs -207 Cr
Debt to equity0.09x
Net debt / EBITDA-0.78x
Interest coverage3.01x
Current ratio (filing 2026-03-31)1.20x
Quick ratio (filing 2026-03-31)1.20x
Trade payables (filing 2026-03-31)Rs 13 Cr
Owners' fund to total sources72.38%
Debt to assets6.83%
Cash flow
Cash from Operating Activity (latest year)Rs 122 Cr
Cash from Investing Activity (latest year)Rs -429 Cr
Cash from Financing Activity (latest year)Rs 165 Cr
Net Cash Flow (latest year)Rs -142 Cr
Free cash flow (latest year)Rs -1,140 Cr
FCFE (approx.: FCF + change in debt)Rs -1,054 Cr
Cash from ops / profit, 5 years4.57x
Sales to cash flow2.01x
Statement figures
Net sales (TTM)Rs 366 Cr
Net sales (latest year)Rs 246 Cr
Sales (latest quarter)Rs 157 Cr
Operating profit excl. other income (latest year)Rs 126 Cr
Operating profit (latest quarter)Rs 118 Cr
Other income (TTM)Rs 30 Cr
EBITDA (TTM)Rs 264 Cr
PBDT (TTM)Rs 244 Cr
Profit before tax (TTM)Rs 41 Cr
Tax (latest year)Rs -6 Cr
Net profit (TTM)Rs 31 Cr
Net profit (latest year)Rs -16 Cr
Net profit (latest quarter)Rs 44 Cr
Depreciation (TTM)Rs 202 Cr
Depreciation (latest quarter)Rs 61 Cr
Interest (TTM)Rs 20 Cr
Cost of goods sold (latest year)Rs 68 Cr
Total expenditure (latest year)Rs 119 Cr
Total income (latest year)Rs 280 Cr
Share capitalRs 21 Cr
ReservesRs 1,664 Cr
Shareholders' fundsRs 1,685 Cr
Total assetsRs 2,328 Cr
Net blockRs 1,036 Cr
Capital work in progressRs 533 Cr
ReceivablesRs 17 Cr
Other liabilitiesRs 484 Cr
Shares outstanding (crore)20.56
Ownership
Promoter holding39.45% (-1.16 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 7.91 is at the 56th percentile (median 6.31).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodE2ENifty 50Difference
1 week+0.2%-2.8% +3.0 pts
1 month+4.4%-6.8% +11.2 pts
3 months+69.6%-7.6% +77.3 pts
6 months+215.5%+0.4% +215.1 pts
1 year+95.2%-9.9% +105.1 pts
2 years+113.3%-13.6% +126.9 pts
3 years+1515.2%+14.2% +1501.0 pts
5 years+14429.1%+27.9% +14401.3 pts
8 mutual fund schemes hold about ₹309 Cr. Over three months 0 bought more and 0 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Bandhan Small Cap Fund0.45%154
Bandhan Large & Mid Cap Fund0.33%69
Bandhan Innovation Fund1.70%45
JM Mid Cap Fund1.25%17
Union Active Momentum Fund2.57%14
Bandhan Aggressive Hybrid Fund0.35%9
Union Aggressive Hybrid Fund0.20%2
Bandhan Focused Fund0.00%0

Red flags

F-score 3 of 8
explainShare dilution Share count up 3% in a year, 42% in three
explainDebt up, profit down Borrowings up 118% while net profit fell in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹157 Cr +336.1% vs Jun 2025. Net profit ₹44 Cr +1566.7%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-06-05Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share0.1000
2023-09-22Annual General Meeting
2022-08-12Annual General Meeting
DateTypeWhat it says
2026-09-29Shareholder meetingE2E Networks Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 28, 2026
2026-09-28Shareholder meetingProceedings of Annual General Meeting held on September 28, 2026
2026-09-24AppointmentAppointment of Mr. Anand Ganapathy as Chief Revenue Officer (CRO) of the company w.e.f. September 24, 2026.
2026-09-05General UpdatesDispatch of letter to shareholders whose email addresses are not registered with Company/Registrar & Transfer Agent/Depository Participants
2026-09-05General UpdatesBusiness Responsibility and Sustainability Report for the financial year ended March 31, 2026.
2026-09-05Shareholder meetingNotice of Annual General Meeting to be held on September 28, 2026
2026-08-31Press ReleaseA press release dated August 31, 2026, titled "E2E Networks Signs Binding Term Sheet Worth approximately Rs. 1,000 Crore with Sovereign AI Company".
2026-08-31Order winBagging/Receiving of orders/contracts
2026-08-31ESOPGrant of 5,45,000 Options.
2026-08-31Board meeting outcomeOutcome of Board Meeting held on August 31, 2026.
2026-08-18General UpdatesClarification on News Article
2026-08-05AppointmentAppointment of Mr. Amit as Senior Management Personnel (SMP) and designate him as Senior Vice President- Capacity and Infrastructure of the company ...
2026-07-28Concall / analyst meetTranscript
2026-07-27General UpdatesGeneral Updates in relation to proceedings before the Hon ble Delhi High Court regarding stamp duty matter
2026-07-22Concall / analyst meetLink of Recording
2026-07-21Monitoring Agency ReportMonitoring Agency Reports for the quarter ending on June 30, 2026
2026-07-21Investor PresentationInvestor Presentation
2026-07-21Press ReleaseA press release dated July 21, 2026, titled "Press Release: E2E Networks Reports Q1 FY 27 Results".
2026-07-21Board meeting outcomeOutcome of Board Meeting of E2E Networks Limited ( the Company )
2026-07-16Concall / analyst meetSchedule of meet
2026-06-30ESOPGrant of Options under E2E Networks Limited Employees Stock Option Scheme - 2021
2026-06-17General UpdatesIncorporation of wholly Owned Subsidiary in India.
2026-06-12ResignationResignation of Director/KMP/SMP
2026-06-12ResignationResignation of Mr as Other of the company w.e.f. Jun 30, 2026.
2026-06-11General UpdatesApproval received for Listing of 20,55,64,890 Equity Shares of Rs.1/- each of E2E Networks Limited on main board of BSE Limited under Direct Listing ...
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Scrip PE is greater than 50 (4 trailing quarters)

Quick answers

What is the market cap of E2E Networks Ltd?

E2E Networks Ltd (E2E) has a market capitalisation of Rs 13,399 Cr. at the 2026-10-01 close.

What is the P/E ratio of E2E Networks Ltd?

E2E Networks Ltd trades at a P/E of 430 on trailing twelve-month profit, at the 2026-10-01 close.

What were E2E Networks Ltd's latest quarterly results?

In the Jun 2026 quarter, E2E Networks Ltd sales was Rs 157 Cr (+336.1% vs Jun 2025) and net profit was Rs 44 Cr.

What is the 52-week high and low of E2E Networks Ltd?

The 52-week high is Rs 698.00 and the 52-week low is Rs 183.36.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03