Slide 1: Exchange filing cover letter for earnings presentation
CIN : L72100HR1999PLC103911 PAN NO : AABCN4805A GST NO : 06AABCN4805A1Z3 Date: 01.05.2024 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: Q4 FY24 & FY24 - Earnings Presentation
India’s Leading High-end Computing Solutions (HCS) Provider Q4 FY24 & FY24 - Earnings Presentation May 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 delighted to announce that our company has achieved its highest-ever quarterly and annual income and profits. As stated earlier, AI systems is now clearly progressing towards becoming the third pillar of our growth. This is reflected by its revenue growing 2.6 times YoY
Slide 8: Agenda
Agenda 1 About Netweb Technologies 2 Quarterly Key Highlights 3 Key Investment Highlights 4 Growth Drivers 5 Annexure
Slide 9: Key Highlights
Key Highlights Profit and Loss Summary ₹ in millions Operating Cash Operating Income PBT PAT EBITDA Profit Q4’FY24 2,658.9 404.2 398.0 296.6 313.9 Growth (YoY) 115.5% 166.5% 181.1% 181.8% 166.9% Growth (QoQ) 4.9% 18.0% 13.2% 14.0% 12.8% Margin 15.2% 14.8% 11.0% FY 24 7,240.8 1,025.3 1,019.6 759.0 82
Slide 10: Key Highlights (Cont.) - Balance Sheet Summary
Key Highlights (Cont.) Balance Sheet Summary ₹ in millions Net Debt/ Equity Net Debt/ Op. EBITDA* 0.30 Particulars Mar’23 Dec’23 Mar’24 0.41 Equity Share Capital 101. 9 112.1 112.7 (0.22) Other Equity 834.8 3,822.6 4,114.8 (0.05) (0.99) Net Worth 936.7 3,934.8 4,227.5 (0.24) Borrowing 304.0 142.5 16
Slide 11: Revenue breakup – HCS Offering
Key Highlights (Cont.) Revenue breakup – HCS Offering Launched Network Switches in H2FY24, contributing INR ~33 Mn to the Topline FY24 – Revenue Breakdown by offerings 2,624 2,644 799 2% 0.5% 4% 1,728 1,461 ₹ in millions 1,030 309 5% 243 479 5% 36% FY22 FY23 FY24 FY22 FY23 FY24 FY22 FY23 FY24 11% Hi
Slide 12: Revenue breakup – Application Industry
Key Highlights (Cont.) Revenue breakup – Application Industry FY24 – Revenue Breakdown by 2,637 application industry 2,880 2,059 ₹ in millions 1,409 1,095 5% 526 19% FY 22 FY 23 FY 24 FY 22 FY 23 FY 24 36% Higher Education and Research Information Technology and Information Technology Enabled Servic
Slide 13: Diverse Customer Base
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% 69.0% 64.5% 57.8% 49.5% 47.1% 50.3% 38.4% FY22 FY23 FY24 FY22 FY23 FY24 310 Space & Defence Others Repeat Customers (FY24) 10.57% Associ
Slide 14: Profit & Loss Summary
Profit & Loss Summary ₹ in millions Particulars Q4 FY24 Q4 FY23 YoY Change Q3 FY24 QoQ Change FY24 FY23 YoY Change Operating Income 2,658.9 1,233.9 115.5% 2,534.0 4.9% 7,240.8 4,449.7 62.7% Operating EBITDA 404.2 151.7 166.5% 342.5 18.0% 1,025.3 700.2 46.4% Operating EBITDA Mrg (%) 15.2% 1
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 Enhanced Opportunities Expanding Product Portfolio State of the art new Increasing investments in Forayed into developing manufacturing facility with Generative AI infra by Govt
Slide 19: Shareholding Pattern (March 2024)
Shareholding Pattern (March 2024) Non-Promoter Shareholding Key Institutional Shareholders Goldman Sachs Managed Funds FIIs Mutual Funds /AIF 30.2% Tata Mutual Fund 40.9% Banks & Insurance Body Corporate 360 One AIF 1.2% 25.3% Others 2.4% Total Shareholding Nomura Funds 0.3% The Regents Of The Unive
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 Amount to be Funded Total Un-Utilized Amount Utilized as S. No. Objects of the Issue as per Prospectus from Amount as on on 31.03.2024 Net Proceeds 31.03.2024 Civil Construction 90.0 31.8 58.2 1 Funding our CAPEX Requirements Purchase of Equipment 232.9 43.5 189.4
Slide 24: Cash Conversion Cycle Break-up
Quarterly Key Highlights Cash Conversion Cycle Break-up Particulars Mar’23 Dec’23 Mar’24 Receivable Days 94 105 85 Inventory Days 38 59 43 Payable Days (64) (80) (58) Cash Conversion Cycle 68 84 69 Note: All day’s calculation are based on Operating Income. *Dec‘23 Numbers are Annualized.
Slide 25: Inhouse Design & Manufacturing Capabilities
Inhouse Design & Manufacturing Capabilities End-to-End Designing & Production of Make-in-India Server