Netweb Technologies India Limited · NSE:NETWEB
Netweb Technologies India — Q1 FY25 Earnings Presentation
26 slides from Netweb Technologies India's earnings presentation, Jul 20, 2024
Slide 1: Exchange intimation letter for earnings presentation
CIN : L72100HR1999PLC103911 PAN NO : AABCN4805A GST NO : 06AABCN4805A1Z3 Date: 20.07.2024 To, To, The Manager The Manager Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Dalal Street Exchange Plaza, Bandra Kurla Complex Mumbai- 400
Slide 2: India's Leading High-end Computing Solutions Provider - Q1 FY25 Earnings Presentation
India’s Leading High-end Computing Solutions (HCS) Provider Q1 FY25 - Earnings Presentation July 2024 BSE: 543945 NSE: NETWEB Bloomberg: NETWEB:IN
Slide 3: Safe Harbour Statement
Safe Harbour Statement This presentation may contain certain “forward-looking statements” within the meaning of applicable securities laws and regulations, which may include those describing the Company’s strategies, strategic direction, objectives, future projects and/or prospects, estimates etc. I
Slide 4: Agenda
Agenda 1 About Netweb Technologies 2 Quarterly Key Highlights 3 Key Investment Highlights 4 Growth Drivers 5 Annexure
Slide 5: About Netweb Technologies
About Netweb Technologies India’s leading Indian origin, owned and controlled OEM in the space of High-end Computing Solutions (HCS) ● Offers a full stack of product and solution suite with comprehensive capabilities in designing, developing, implementing and integrating high Business Tailwinds►► pe
Slide 6: Snapshot of Our HCS Offerings
Snapshot of Our HCS Offerings India’s leading HCS provider with fully integrated design and manufacturing capabilities (A) High performance computing (Supercomputing / HPC) (B) Private cloud and hyperconverged infrastructure (HCI) systems ● Bespoke, and tailored with specialized hardware designs and
Slide 7: Management Commentary
Management Commentary “We are pleased to state that India's flagship end-to-end high-end computing server, storage, and switch manufacturing facility in Faridabad was inaugurated by Honorable Secretary, Ministry of Information & Technology, GoI, on May 10, 2024, marking a significant milestone in th
Slide 8: State-of-the-Art Manufacturing Facility
State-of-the-Art Manufacturing Facility
Slide 9: Agenda
Agenda 1 About Netweb Technologies 2 Quarterly Key Highlights 3 Key Investment Highlights 4 Growth Drivers 5 Annexure
Slide 10: Key Highlights
Key Highlights Profit and Loss Summary ₹ in millions Operating Operating Cash PBT PAT Revenue EBITDA Profit Q1’FY25 1,493.2 200.0 206.9 154.4 178.7 Growth (YoY) 149.7% 131.8% 204.2% 203.4% 180.1% Growth (QoQ) (43.8%) (50.5%) (48.0%) (47.9%) (43.1%) Margin 13.4% 13.5% 10.1%
Slide 11: Key Highlights (Cont.) - Balance Sheet Summary
Key Highlights (Cont.) Balance Sheet Summary ₹ in millions Net Debt/ Equity Net Debt/ Op. EBITDA* Particulars Jun’23 Mar’24 Jun’24 Equity Share Capital 103.9 112.7 112.7 Other Equity 1,403.5 4,114.8 4,286.2 (0.32) (0.41) (0.07) (0.08) Net Worth 1,507.4 4,227.5 4,398.9 (0.99) (0.24) Borrowing 411.5 1
Slide 12: Revenue breakup – HCS Offering
Key Highlights (Cont.) Revenue breakup – HCS Offering Jun’24 – Revenue Breakdown by offerings 2,624 2,644 799 2% 1,728 2% 1,461 3% 6% 1,030 ₹ in millions 243 309 3% 576 479 455 218 FY22 FY23 FY24 Jun'24 FY22 FY23 FY24 Jun'24 FY22 FY23 FY24 Jun'24 39% 15% High performance computing Private cloud and
Slide 13: Revenue breakup – Application Industry
Key Highlights (Cont.) Revenue breakup – Application Industry Jun’24 – Revenue Breakdown 2,637 by application industry 2,880 2,059 ₹ in millions 1,409 759 1,095 6% 526 432 14% FY 22 FY 23 FY 24 Jun'24 FY 22 FY 23 FY 24 Jun'24 Higher Education and Research Information Technology and Information Techn
Slide 14: Diverse Customer Base
Key Highlights (Cont.) Diverse Customer Base Revenue^ from Repeat Customers Customer Concentration^ Higher education and IT & ITES Research 90.7% 91.4% Top10 Top 5 77.7% 69.0% 77.4% 64.5% 67.3% 57.8% 49.5% 50.3% 47.1% 38.4% FY22 FY23 FY24 Q1'FY25 FY22 FY23 FY24 Q1'FY25 163 Space & Defence Others Rep
Slide 15: Profit & Loss Summary
Profit & Loss Summary ₹ in millions Particulars Q1 FY25 Q1 FY24 YoY Change Q4 FY24 QoQ Change FY24 Operating Revenue 1,493.2 598.0 149.7% 2,658.9 (43.8%) 7,240.8 Operating EBITDA 200.0 86.3 131.8% 404.2 (50.5%) 1,025.3 Operating EBITDA Mrg (%) 13.4% 14.4% (104) Bps 15.2% (181) Bps 14.2% Oth
Slide 16: Agenda
Agenda 1 About Netweb Technologies 2 Quarterly Key Highlights 3 Key Investment Highlights 4 Growth Drivers 5 Annexure
Slide 17: Key Investment Highlights
Key Investment Highlights 1 4 India’s leading Indian origin owned Long standing relationship with a and controlled OEM for HCS with marquee and diverse integrated design and manufacturing customer base capabilities 2 5 Operates in a rapidly evolving and Track record of financial performance technolo
Slide 18: Agenda
Agenda 1 About Netweb Technologies 2 Quarterly Key Highlights 3 Key Investment Highlights 4 Growth Drivers 5 Annexure
Slide 19: Growth Drivers
Growth Drivers Opportunities to realize sustainable growth of the business Strong Topline Visibility Enhanced Capabilties Enhanced Opportunities Expanding Product Portfolio State of the art new Rising investments in Forayed into developing manufacturing facility with Generative AI infra by Govt new
Slide 20: Shareholding Pattern (June 2024)
Shareholding Pattern (June 2024) Non-Promoter Shareholding Key Institutional Shareholders Goldman Sachs Managed Funds FIIs Mutual Funds /AIF 39.8% 41.0% Tata Mutual Fund Banks & Insurance Body Corporate Nomura Funds Others 15.7% Total Shareholding The Prudential Assurance Company Limited 1.9% 1.6% 0
Slide 21: Thank You
Thank You Chief Financial Officer Investor Relations Advisor Prawal Jain Sanjeev Sancheti Email: prawal.jain@netwebindia.com Email: ir@uirtus.in Website: www.uirtus.in netwebindia.com/ company/netweb-technologies/ twitter.com/netwebtech
Slide 22: Agenda
Agenda 1 About Netweb Technologies 2 Quarterly Key Highlights 3 Key Investment Highlights 4 Growth Drivers 5 Annexure
Slide 23: Annexure
Annexure
Slide 24: IPO Fund Utilization
IPO Fund Utilization ₹ in millions Amount to be Funded Total Un-Utilized Amount Utilized as S. No. Objects of the Issue as per Prospectus from Amount as on on 30.06.2024 Net Proceeds 30.06.2024 Civil Construction 90.0 31.8 58.2 1 Funding our CAPEX Requirements Purchase of Equipment 232.9 72.16 160.7
Slide 25: Cash Conversion Cycle Break-up
Quarterly Key Highlights Cash Conversion Cycle Break-up Particulars Jun’23 Mar’24 Jun’24 Receivable Days 191 85 127 Inventory Days 94 43 79 Payable Days (126) (58) (77) Cash Conversion Cycle 159 69 129 Note: All day’s calculation are based on Operating Income. *Jun’23 and Jun’24 days are Annualized.
Slide 26: Inhouse Design & Manufacturing Capabilities
Inhouse Design & Manufacturing Capabilities End-to-End Designing & Production of Make-in-India Server
Netweb Technologies India — Q1 FY25 Earnings Presentation on 6ix