Netweb Technologies India Limited · NSE:NETWEB
Netweb Technologies India — Q3 FY24 Earnings Presentation
25 slides from Netweb Technologies India's earnings presentation, Jan 23, 2024
Slide 1: Exchange filing cover letter for earnings presentation
CIN : L72100HR1999PLC103911 PAN NO : AABCN4805A GST NO : 06AABCN4805A1Z3 Date: 23.01.2024 To, To, BSE Limited The National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, “Exchange Plaza”, Bandra – Kurla Complex, Dalal Street, Fort, Bandra (EAST), Mumbai – 400 051 Mumbai – 400 001. NSE SY
Slide 2: Q3FY24 - Earnings Presentation
India’s Leading High-end Computing Solutions (HCS) Provider Q3FY24 - Earnings Presentation January 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 ►► p
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 happy to announce that the company achieved its highest ever quarterly revenue and profits in the current quarter. It is also pertinent to note that revenue from AI systems and enterprise workstations segment increased by ~340% YoY. Operating income increased by 41.9% Y
Slide 8: Agenda
Agenda 1 About Netweb Technologies 2 Quarterly Key Highlights 3 Key Investment Highlights 4 Growth Drivers 5 Annexure
Slide 9: Profit and Loss Summary
Quarterly Key Highlights Profit and Loss Summary ₹ in millions Gross Operating Cash Operating Income PBT PAT Profit EBITDA Profit 2,534.0 551.4 342.5 351.5 260.1 278.2 Growth (YoY) 41.9% 20.2% 9.9% 21.0% 20.0% 22.7% Growth (QoQ) 74.8% 40.8% 78.0% 74.0% 71.8% 67.9% Margin 21.8% 13.5% 13.6% 10.1% EPS/
Slide 10: Balance Sheet Summary
Quarterly Key Highlights (Cont.) Balance Sheet Summary ₹ in millions Net Debt/ Equity Net Debt/ Op. EBITDA* 0.35 0.30 Particulars Dec’22 Mar’23 Sept’23 Dec’23 0.40 0.41 Equity Share Capital 56.6 101. 9 112.1 112.1 Other Equity 751.5 834.8 3,605.4 3,822.6 (0.00) (0.00) Net Worth 808.1 936.7 3,717.5 3
Slide 11: Revenue breakup – HCS Offering
Quarterly Key Highlights (Cont.) Revenue breakup – HCS Offering Launched Network Switches in the quarter, contributing INR ~10 Mn to the Topline Q3 FY24 – Revenue Breakdown by offerings 951 1,004 255 815 681 1% 0.4% 1% 586 509 ₹ in millions 113 4% 58 6% Q3 FY23 Q2 FY24 Q3 FY24 Q3 FY23 Q2 FY24 Q3 FY2
Slide 12: Revenue breakup – Application Industry
Quarterly Key Highlights (Cont.) Revenue breakup – Application Industry Q3 FY24 – Revenue Breakdown 1,103 923 by application industry 884 580 ₹ in millions 401 258 1% 19% Q3 FY23 Q2 FY24 Q3 FY24 Q3 FY23 Q2 FY24 Q3 FY24 Higher Education and Research Information Technology and 44% Information Technolo
Slide 13: Diverse Customer Base
Quarterly Key Highlights (Cont.) Diverse Customer Base Revenue^ from Repeat Customers Customer Concentration^ Higher education and IT & ITES Research 90.7% Top10 Top 5 77.7% 65.1% 58.7% 57.8% 49.5% 47.1% 48.7% 38.4% FY22 FY23 9M'FY24 FY22 FY23 9M'FY24 256 Space & Defence Others Repeat Customers (9M’
Slide 14: Quarterly Profit & Loss
Quarterly Profit & Loss ₹ in millions Particulars Q3 FY24 Q3 FY23 YoY Change Q2 FY24 QoQ Change 9M FY24 9M FY23 YoY Change FY 23 Operating Income 2,534.0 1,785.6 41.9% 1,449.8 74.8% 4,581.9 3,215.8 42.5% 4,449.7 Gross Profit 551.4 458.9 20.2% 391.6 40.8% 1,164.8 880.6 32.3% 1,206.1 Gross Pro
Slide 15: Agenda
Agenda 1 About Netweb Technologies 2 Quarterly Key Highlights 3 Key Investment Highlights 4 Growth Drivers 5 Annexure
Slide 16: 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 17: Agenda
Agenda 1 About Netweb Technologies 2 Quarterly Key Highlights 3 Key Investment Highlights 4 Growth Drivers 5 Annexure
Slide 18: Growth Drivers
Growth Drivers Opportunities to realize sustainable growth of the business Strong Topline Visibility Enhanced Capabilties Expansion of Operations Expanding Product Portfolio To capitalize on emerging Increasing investments in Forayed into developing opportunities, will establish Generative AI infra
Slide 19: Shareholding Pattern (December 2023)
Shareholding Pattern (December 2023) Non-Promoter Shareholding Key Institutional Shareholders Goldman Sachs Managed Funds FIIs 26.9% Tata Mutual Fund Mutual Funds /AIF 39.5% Banks & Insurance Body Corporate 0.9% 360 One AIF 2.5% 30.2% Others Total Shareholding Nomura Funds 0.2% The Regents Of The Un
Slide 20: 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 21: Agenda
Agenda 1 About Netweb Technologies 2 Quarterly Key Highlights 3 Key Investment Highlights 4 Growth Drivers 5 Annexure
Slide 22: Annexure
Annexure
Slide 23: IPO Fund Utilization
IPO Fund Utilization ₹ in millions Total Un- Amount to be Amount Utilized S. No. Objects of the Issue as per Prospectus Funded from Utilized as on Amount as on Net Proceeds 31.12.2023 31.12.2023 Civil Construction 90.0 17.5 72.5 1 Funding our CAPEX Requirements Purchase of Equipment 232.9 38.5 194.4
Slide 24: Cash Conversion Cycle Break-up
Quarterly Key Highlights Cash Conversion Cycle Break-up Particulars Dec’22 Mar’23 Sept’23 Dec’23 Receivable Days 96 94 132 105 Inventory Days 54 52 77 79 Payable Days (90) (88) (101) (108) Cash Conversion Cycle 60 58 108 77 Note: Dec ’22, Sep’23 & Dect‘23 are Annualized.
Slide 25: Inhouse Design & Manufacturing Capabilities
Inhouse Design & Manufacturing Capabilities End-to-End Designing & Production of Make-in-India Server
Netweb Technologies India — Q3 FY24 Earnings Presentation on 6ix