Netweb Q1 FY27: Standalone Revenue Up 172%, PAT Up 180% YoY on AI Systems Boom

Netweb Technologies' standalone revenue from operations came in at ₹819.69 Cr for Q1 FY27 (quarter ended June 30, 2026), up 172.1% YoY from ₹301.21 Cr and up 5.9% QoQ from ₹773.70 Cr — a record quarter. Standalone PAT rose 179.9% YoY to ₹85.32 Cr (from ₹30.48 Cr) and 20.9% QoQ (from ₹70.59 Cr). Neither this quarter nor the year-ago quarter carries any exceptional item (the line reads nil in both), so the growth is clean, not one-off-assisted — reported and underlying growth are the same number.

Net profit margin expanded to 10.30% from 10.08% YoY and 9.00% QoQ, while EBITDA-level margin (PBT plus finance cost and depreciation, net of other income, over operating revenue) came in at ~14.7% — roughly flat versus the year-ago 14.87% and up sharply from 12.48% last quarter. That sits at the top end of management's own guided 13-14% EBITDA margin band from the May 2026 concall, so the quarter is a beat on margin as well as growth: the prior guidance of 35-40% enterprise revenue growth for FY27 is being run at more than 4x that pace in Q1, and per company disclosures AI systems (₹510.57 Cr, 62% of revenue) grew 484% YoY to become the dominant driver — consistent with management's stated expectation that AI/HPC demand would carry the year. Company materials also put the order book at ₹2,506.94 Cr as of June 30, 2026 plus L1 (awarded-pending) positions of ₹848.05 Cr; the order book alone already exceeds FY26's full-year revenue of ₹2,183.56 Cr, which is exactly the claim management made on the last call about the FY27 starting book.

The stock went into the print at ₹4,524, up 2% over the past month of trading.

For context: this is the highest quarterly PAT in the last 6 quarters on our records; revenue is at a 6-quarter high.

Basic EPS ₹14.98 for the quarter vs ₹5.38 YoY and ₹12.43 QoQ

We found no explicit analyst/consensus estimate for this specific quarter, so vs-street is unmarked; the filing itself contains only the exchange outcome letter and financial statements, with no separate management press release or MD&A commentary in our records — the AI-segment and order-book detail above comes from the company's post-results investor materials, not this filing. Two other board actions landed alongside the results: an Aug 7, 2026 record date for the ₹3/share FY26 final dividend, and a July 1, 2026 board meeting on a proposed ₹1,200 Cr fundraise via securities issuance — notable since management had said in May that no significant capacity-led capex was planned, so the raise's use (working capital vs. capacity expansion) is worth watching. Cost auditor reappointment is routine and immaterial to the print.