Slide 1: Exchange filing cover letter for earnings presentation
CIN : L72100HR1999PLC103911 Date: 19.10.2024 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- 400001 Bandra East, Mumbai- 400051 Scrip Code: 5
Slide 2: India's Leading High-end Computing Solutions Provider - Q2 FY25 Earnings Presentation
1 India’s Leading High-end Computing Solutions (HCS) Provider Q2 FY25 - Earnings Presentation October 2024 BSE: 543945 | NSE: NETWEB | Bloomberg: NETWEB:IN
Slide 3: Agenda
Agenda About Netweb Technologies Quarterly Key Highlights Key Investment Highlights Growth Drivers Annexures
Slide 4: 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 Business Tailwinds►► capabilities in designing, developing, implementing and integrating 1 high
Slide 5: 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 / (B) Private cloud and hyperconverged infrastructure HPC) systems (HCI) ● Bespoke, and tailored with specialized hardware ● Private c
Slide 6: Management Commentary
Management Commentary “We are delighted to report that our operating income rose by 73.2% YoY for Q2 FY25 and by 95.5% YoY for H1 FY25, reaching ₹2,511 Mn in Q2 FY25 and ₹4,004 Mn in H1 FY25. Operating EBITDA for Q2 FY25 increased by 85.7% YoY to ₹357 Mn, while for H1 FY25, it surged by 100.6% YoY t
Slide 7: Key Highlights
Key Highlights Profit and Loss Summary ₹ in millions Operating Operating Cash PBT PAT Income EBITDA Profit1 Q2 FY25 2,510.6 357.1 344.6 257.2 283.5 Growth (YoY) 73.2% 85.7% 70.6% 69.8% 71.1% Growth (QoQ) 68.1% 78.6% 66.6% 66.5% 58.7% Margin 14.2% 13.6% 10.2% 11.2% H1 FY25 4,003.8 559.1 551.5 411.6 4
Slide 8: Key Highlights (Cont.) - Balance Sheet Summary
Key Highlights (Cont.) Balance Sheet Summary ₹ in millions Net Debt/ Equity Net Debt/ Op. EBITDA* Particulars Mar’24 Jun’24 Sept’24 Equity Share Capital 112.7 112.7 112.7 (0.08) (0.41) Other Equity 4,114.8 4,286.2 4,447.0 (0.59) (0.15) Net Worth 4,227.5 4,398.9 4,559.7 (0.99) Borrowing 16.3 15.4 14.
Slide 9: Revenue breakup – HCS Offering
Key Highlights (Cont.) Revenue breakup – HCS Offering H1 FY25 – Revenue Breakdown by offerings 2% 0.9% 5% 2,624 2,644 799 589 3% 1,728 2% 1,394 1,461 1,484 1,030 309 35% ₹ in Millions 243 479 15% FY22 FY23 FY24 H1FY25 FY22 FY23 FY24 H1FY25 FY22 FY23 FY24 H1FY25 High performance computing Private clo
Slide 10: Revenue breakup – Application Industry
Key Highlights (Cont.) Revenue breakup – Application Industry H1 FY25 – Revenue Breakdown by application industry 2,637 2,880 2,059 ₹ in Millions 1,409 1,471 1,095 830 6% 526 FY 22 FY 23 FY 24 H1FY25 FY 22 FY 23 FY 24 H1FY25 37% Information Technology and Higher Education and Research Information Te
Slide 11: Key Highlights (Cont.) - 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 86.9% 77.7% 69.0% 64.5% 74.7% 57.8% 63.3% 49.5% 47.1% 50.3% 38.4% FY22 FY23 FY24 H1FY25 FY22 FY23 FY24 H1FY25 207 Repeat Customers (H1FY25) Sp
Slide 12: Profit & Loss Summary
Profit & Loss Summary ₹ in millions Particulars Q2 FY25 Q2 FY24 YoY Change Q1 FY25 QoQ Change H1 FY25 H1 FY24 YoY Change FY 24 Operating Income 2,510.6 1,449.8 73.2% 1,493.2 68.1% 4,003.8 2,047.9 95.5% 7,240.8 Operating EBITDA 357.1 192.3 85.7% 200.0 78.6% 559.1 278.6 100.6% 1,025.3 Operati
Slide 13: Key Investment Highlights
Key Investment Highlights 1 4 India’s leading Indian origin owned and controlled OEM Long standing relationship with a marquee and diverse for HCS with integrated design and manufacturing customer base capabilities 2 5 Operates in a rapidly evolving and technologically Track record of financial perf
Slide 14: 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 new manufacturing facility with Generative AI infra by Govt
Slide 15: Shareholding Pattern (September 2024)
Shareholding Pattern (September 2024) Non-Promoter Shareholding Key Institutional Shareholders Goldman Sachs Managed Funds FIIs Mutual Funds /AIF 36.4% 42.4% ICICI Prudential Mutual Fund Banks & Insurance Body Corporate Tata Mutual Fund Others 19.1% 1.6% Total Shareholding The Prudential Assurance C
Slide 16: Thank You
Thank You Chief Financial Officer Investor Relations Advisor Prawal Jain Sanjeev Sancheti Email: prawal.jain@netwebindia.com Email: ir@uirtus.in netwebindia.com company/netweb-technologies twitter.com/netwebtech
Slide 17: IPO Fund Utilization
IPO Fund Utilization Amount to be Funded Total Un-Utilized Amount Utilized as S. No. Objects of the Issue as per Prospectus from Amount as on on 30.09.2024 Net Proceeds 30.09.2024 Civil Construction 90.0 38.1 51.9 1 Funding our CAPEX Requirements Purchase of Equipment 232.9 87.9 145.0 2 Funding our
Slide 18: Quarterly Key Highlights - Cash Conversion Cycle Break-up
Quarterly Key Highlights Cash Conversion Cycle Break-up Particulars Mar’24 Jun’24 Sep’24 Receivable Days 85 127 99 Inventory Days 43 79 82 Payable Days (58) (77) (82) Cash Conversion Cycle 69 129 100 Note: All day’s calculation are based on Operating Income. *Jun’24 and Sep’24 days are Annualized.
Slide 19: Inhouse Design & Manufacturing Capabilities
Inhouse Design & Manufacturing Capabilities End-to-End Designing & Production of Make-in-India Server