MarketFriction

Netweb Technologies India Ltd

NSE NETWEB · BSE 543945 · IT Enabled Services
₹4,520.30 -0.61%
NSE close2026-10-01
52 week range2,920.00 - 5,813.00
Market cap₹27,423 Cr.
P/E105
IPO 2023 · +804% since Nifty 500Nifty Smallcap 100Smallcap 250 Price band 20% Delivery 20.0%

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
Sales145253266149251334415301304805774820
Expenses126219225130215291355256258707677699
Operating Profit1934402036435945459897121
OPM %13%14%15%13%14%13%14%15%15%12%12%15%
Other Income3544222117108
Interest1231111113812
Depreciation122233333443
Profit before tax2035402035405742429895114
Tax %25%26%26%25%25%26%26%27%25%25%26%25%
Net Profit152630152630433031737185
EPS in Rs2.704.645.262.704.645.277.525.385.5512.9412.4014.98
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1301561432474457241,1492,1842,702
Expenses1231481282123756219901,8992,342
Operating Profit78143570103159285360
OPM %5%5%10%14%16%14%14%13%13%
Other Income012111291926
Interest23344641323
Depreciation111246111414
Profit before tax45113063102153277349
Tax %31%27%26%26%25%26%26%26%
Net Profit348224776114206261
EPS in Rs4.746.9114.5539.689.2213.4720.0836.1545.87
Dividend Payout %0%0%0%0%5%15%12%8%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%73%70%108%
Compounded Profit Growth%90%64%102%
Stock Price CAGR%%77%26%
Return on Equity%32%29%33%
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital666610111111
Reserves58163983411518712
Borrowings1115313436108282
Other Liabilities292258701371803551,249
Total Liabilities51511101492666128922,255
Fixed Assets4671023444958
CWIP00012172
Investments00000000
Other Assets47441041382415688362,196
Total Assets51511101492666128922,255
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity33-1052718-13790
Cash from Investing Activity-1-3-2-5-14-145112-216
Cash from Financing Activity-21120-8209-18240
Net Cash Flow-010058380814
Free Cash Flow31-11-014-0-36779
CFO/OP58%57%-62%29%57%50%16%301%
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days864114311512493115112
Inventory Days293210075617791170
Days Payable794614610411685123161
Cash Conversion Cycle35289786698583121
Working Capital Days2727555855809214
ROCE %31%36%52%64%38%32%37%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters75.45%75.45%75.04%75.04%71.39%71.39%71.03%71.03%71.00%71.00%66.98%66.98%
FIIs10.33%9.69%10.21%10.22%12.13%11.10%10.67%9.54%10.82%9.55%9.29%9.27%
DIIs7.46%8.05%6.93%4.32%5.59%5.23%5.34%4.23%3.57%3.30%4.68%5.91%
Public6.77%6.82%7.84%10.41%10.89%12.28%12.97%15.20%14.62%16.14%19.03%17.84%
No. of Shareholders75,14573,80380,83999,8191,17,8701,43,3021,67,3141,81,1341,82,0132,19,3502,43,2922,46,932

Fundamentals

Market Cap₹ 27,423 Cr.
Current Price₹ 4,613
Stock P/E105
Book Value₹ 127
ROCE37.5 %
ROE32.8 %
Dividend Yield0.07 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)108%
Compounded Profit Growth (TTM)102%
Standalone figures.
Valuation
Market capRs 25,479 Cr
Enterprise valueRs 25,267 Cr
P/E (TTM)97.75x
Price to book60.27x
Price to sales9.43x
EV / EBITDA65.33x
EV / EBIT67.82x
EV / sales9.35x
Price to cash flow1386.99x
Earnings yield1.02%
Dividend yield0.04%
P/E, 3-year average119.39x
P/B, 3-year average21.43x
P/E, 5-year average119.39x
P/B, 5-year average21.43x
Profitability
Operating margin (excl. other income)14.18%
Operating margin (incl. other income)15.80%
EBITDA margin14.31%
Pre-tax margin12.92%
Net profit margin9.65%
Net margin, latest quarter10.41%
ROE29.39%
ROCE38.52%
ROA17.28%
ROE, 3-year average55.08%
ROCE, 3-year average51.52%
ROA, 3-year average19.09%
ROE, 5-year average48.79%
ROCE, 5-year average44.29%
ROA, 5-year average15.05%
ROIC (approx.)131.62%
Tax rate25.56%
Other income / net worth2.79%
Growth
Sales growth (latest year)62.73%
Profit growth (latest year)61.70%
Sales CAGR, 3 years71.80%
Sales CAGR, 5 years41.02%
Profit CAGR, 3 years109.71%
Profit CAGR, 5 years95.17%
Sales growth QoQ5.94%
Profit growth QoQ20.87%
Sales growth YoY (latest quarter)172.13%
Profit growth YoY (latest quarter)179.92%
Per share
EPS (TTM)Rs 46.24
EPS (latest year)Rs 13.47
EPS (latest quarter)Rs 15.14
EPS, 3-year averageRs 20.79
EPS, 5-year averageRs 16.76
Book value per shareRs 75.00
Sales per shareRs 479.38
Cash flow per shareRs 3.26
Free cash flow per shareRs 138.20
Dividend per share (latest year)Rs 2.00
Dividend per share, 3-year averageRs 1.25
Dividend per share, 5-year averageRs 1.25
Dividends
Dividend payout14.85%
Dividend payout, 3-year average10.14%
Dividend payout, 5-year average10.14%
Efficiency
Asset turnover1.18x
Fixed asset turnover16.39x
Inventory turnover4.76x
Inventory days77 days
Debtor days93 days
Debtors turnover3.94x
Creditor days161 days
Cash conversion cycle121 days
Working capital days14 days
Leverage
Total debtRs 10 Cr
Cash and bankRs 222 Cr
Net debtRs -212 Cr
Debt to equity0.02x
Net debt / EBITDA-0.55x
Interest coverage15.86x
Current ratio (filing 2026-03-31)1.44x
Quick ratio (filing 2026-03-31)0.91x
Trade payables (filing 2026-03-31)Rs 761 Cr
Owners' fund to total sources69.02%
Debt to assets1.56%
Cash flow
Cash from Operating Activity (latest year)Rs 18 Cr
Cash from Investing Activity (latest year)Rs -145 Cr
Cash from Financing Activity (latest year)Rs 209 Cr
Net Cash Flow (latest year)Rs 83 Cr
Free cash flow (latest year)Rs 779 Cr
FCFE (approx.: FCF + change in debt)Rs 753 Cr
Cash from ops / profit, 5 years1.78x
Sales to cash flow39.42x
Statement figures
Net sales (TTM)Rs 2,702 Cr
Net sales (latest year)Rs 724 Cr
Sales (latest quarter)Rs 820 Cr
Operating profit excl. other income (latest year)Rs 103 Cr
Operating profit (latest quarter)Rs 121 Cr
Other income (TTM)Rs 26 Cr
EBITDA (TTM)Rs 387 Cr
PBDT (TTM)Rs 363 Cr
Profit before tax (TTM)Rs 349 Cr
Tax (latest year)Rs 26 Cr
Net profit (TTM)Rs 261 Cr
Net profit (latest year)Rs 76 Cr
Net profit (latest quarter)Rs 85 Cr
Depreciation (TTM)Rs 14 Cr
Depreciation (latest quarter)Rs 3 Cr
Interest (TTM)Rs 23 Cr
Cost of goods sold (latest year)Rs 546 Cr
Total expenditure (latest year)Rs 621 Cr
Total income (latest year)Rs 736 Cr
Share capitalRs 11 Cr
ReservesRs 411 Cr
Shareholders' fundsRs 423 Cr
Total assetsRs 612 Cr
Net blockRs 44 Cr
Capital work in progressRs 1 Cr
ReceivablesRs 184 Cr
InventoryRs 115 Cr
Other liabilitiesRs 180 Cr
Shares outstanding (crore)5.64
Ownership
Promoter holding66.98% (-4.05 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodNETWEBNifty 50Difference
1 week-3.0%-2.8% -0.2 pts
1 month-12.0%-6.8% -5.2 pts
3 months+2.1%-7.6% +9.7 pts
6 months+45.9%+0.4% +45.5 pts
1 year+25.1%-9.9% +35.0 pts
2 years+72.8%-13.6% +86.3 pts
3 years+446.1%+14.2% +432.0 pts
71 mutual fund schemes hold about ₹2,104 Cr. Over three months 58 bought more and 5 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
ICICI Pru Balanced Advantage Fund(M0.49%373 +7%
HSBC Midcap Fund2.11%362 +0%
ICICI Pru Flexi Cap Fund1.13%293 +48%
ICICI Pru Technology Fund1.03%140 +3%
ICICI Pru Small Cap Fund1.13%111 -35%
ICICI Pru Small Cap Fund1.13%108 -35%
Tata Digital India Fund0.96%98 +12%
Edelweiss Mid Cap Fund0.47%93 +48%
Invesco India Flexi Cap Fund1.42%81 +100%
HDFC Innovation Fund1.70%54 +100%
ICICI Pru Innovation Fund0.57%45 +100%
ICICI Pru Exports & Services Fund2.40%37 +31%
ICICI Pru Exports & Services Fund2.40%36 +31%
Bank of India Flexi Cap Fund0.98%29 +295%
TRUSTMF Small Cap Fund0.98%28 +100%
Edelweiss Multi Cap Fund0.54%19 +5%
Helios Mid Cap Fund0.82%18 +100%
JM Flexi Cap Fund0.31%16 +100%
Nippon India Nifty Smallcap 250 Index Fund0.44%16 +8%
iSIF Hybrid Long-Short Fund1.14%15 +76%
Invesco India Technology Fund3.97%14 -1%
Altiva Hybrid Long-Short Fund0.14%13 +100%
Helios Small Cap Fund0.82%12 +100%
Edelweiss Flexi Cap Fund0.32%12 +100%
Edelweiss Small Cap Fund0.15%11 +100%

Red flags

F-score 3 of 8
explainWeak cash conversion Cash from operations was 35% of net profit over the last 3 years
lookInventory outrunning sales Inventory grew 112% vs sales +63% in 2026
lookShare dilution Share count up 11% in a year
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 ₹820 Cr +172.4% vs Jun 2025. Net profit ₹85 Cr +183.3%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-08-07Dividend - Rs 3 Per Share
2025-08-22Dividend - Rs 2.50 Per Share
2024-08-09Dividend - Rs 2 Per Share
2024-08-09Annual General Meeting
DateTypeWhat it says
2026-09-23General UpdatesESG Rating
2026-09-20Shareholder meetingVoting results.
2026-09-19Shareholder meetingProceedings of Annual General Meeting held on September 19, 2026
2026-09-18Concall / analyst meetSchedule of meet
2026-09-03AllotmentAllotment of 1645 securities pursuant to ESOP/ESPS at its meeting held on September 03, 2026
2026-08-28UpdatesBook Closure .
2026-08-28General UpdatesIntimation regarding dispatch of physical letter Containing weblink and QR code
2026-08-28Shareholder meetingNotice of Annual General Meeting to be held on September 19, 2026
2026-08-25Press ReleasePress release
2026-08-20AllotmentAllotment of 2505219 securities pursuant to Qualified Institution Placement at its meeting held on August 20, 2026
2026-08-20General UpdatesGeneral Updates
2026-08-20Qualified Institutional PlacQualified Institutional Placement
2026-08-20General UpdatesGeneral Updates
2026-08-17General UpdatesQualified Institution Placement of Equity Shares
2026-08-17General UpdatesApproval of unaudited condensed financial statement
2026-08-04Concall / analyst meetSchedule of meet
2026-08-01Shareholder meetingVoting results.
2026-08-01Shareholder meetingVoting results.
2026-08-01Concall / analyst meetTranscript
2026-07-29Concall / analyst meetSchedule of meet
2026-07-29Concall / analyst meetLink of Recording
2026-07-28Investor PresentationInvestor Presentation
2026-07-28AppointmentAppointment of as Other of the company w.e.f. April 01, 2026.
2026-07-28Record DateRecord date for the purpose of Dividend is 07-Aug-2026.
2026-07-28UpdatesFinancial results in OCR format.
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 Netweb Technologies India Ltd?

Netweb Technologies India Ltd (NETWEB) has a market capitalisation of Rs 27,423 Cr. at the 2026-10-01 close.

What is the P/E ratio of Netweb Technologies India Ltd?

Netweb Technologies India Ltd trades at a P/E of 105 on trailing twelve-month profit, at the 2026-10-01 close.

What were Netweb Technologies India Ltd's latest quarterly results?

In the Jun 2026 quarter, Netweb Technologies India Ltd sales was Rs 820 Cr (+172.4% vs Jun 2025) and net profit was Rs 85 Cr.

What is the 52-week high and low of Netweb Technologies India Ltd?

The 52-week high is Rs 5,813.00 and the 52-week low is Rs 2,920.00.

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