Manish Khandelwal
Manish Khandelwal

@ManishK46113331

8 Tweets 2 reads Jul 21, 2024
🚨 #Netweb Q1FY25
- #AI systems division grew 146% Yoy, contributing to 14.6% share in revenue
- New facility inaugurated in Faridabad in May, 2024
A thread🧡(1/n)πŸ‘‡
- EBITDA and PAT margins increased Yoy
- Revenue grew 154% Yoy and PAT 203% Yoy
(2/n)
- Collaboration with Intel, AMD, Samsung and Nvidia
- 3 Netweb made supercomputers listed 13 times in the world's top 500 supercomputers
- Sector tailwinds like Govt. AI Mission with approval of 10,000 crores under the scheme
(3/n)
- Revenue breakup as per business divisions
(4/n)
- Revenue breakdown by industry
(5/n)
- Key clients - IIT Kanpur, Zoho, Akamai, HAL, ISRO etc.
- 36 new client additions in Q1FY25
- Avg. age of clients 6 years
(6/n)
- Order book 419 crore, L1 orders 322 crore, Pipeline 3547 crore (Order book excludes L1 orders and L1 excludes pipeline)
- Foray into MiddleEast and Europe, plan to setup service network in 4 countries to start with
- Foray into developing new product - Network Switches
(7/n)
- Key Shareholders - Goldman Sachs, Tata Mutual Fund, Invesco, Nomura, Nippon India, ICICI Prudential Life Insurance etc.
(n/n)

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