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Earnings Call

E2E Networks Earnings Call: Key Takeaways

E2E Networks is transitioning from CPU to large-scale GPU infrastructure, showing strong revenue growth but reporting a PAT loss due to heavy depreciation from infrastructure investments.

Why this was an Alfa AlertCompany explicitly stated they met and exceeded targets/guidance provided a couple of quarters back.
Highlights
Revenue growthRevenue up 186% YoY, 37% QoQ; FY26 revenue up 50%.
MarginsEBITDA margin expanded to 60.7% in Q4.
Demand visibilityStrong; GPU capacity running out globally; India AI demand surging.
Management confidenceHigh; validating strategy against global AI infrastructure shifts.

Growth

Revenue grew 186% YoY and 37% QoQ, driven by high utilization (80%+) of GPU clusters.

Outlook

Expanding to 6,000+ GPUs with a cluster of 1,024 B200s going live in May.

Risks

High depreciation on expensive GPU infrastructure and supply chain delays for Nvidia Blackwell chips.

Source

Earnings Call filed with NSE, NSE: E2E. Summary written with AI assistance from the document.

Read the document ↗

E2E Networks Ltd: key numbers

Share price
₹625.90
Market cap
₹12,866 Cr
Revenue (annual)
₹245.6 Cr
Net profit (annual)
₹-15.57 Cr
P/E (TTM)
412.9×Sector 21.9×
Promoter holding
39.45%+0.00% QoQ
FII holding
1.27%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from E2E Networks Ltd

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13:39 IST NSE
Management Change

E2E Networks Management Change

E2E Networks appointed Mr. Anand Ganapathy as Chief Revenue Officer effective 24 September 2026. He brings 27 years of enterprise technology sales experience from IBM, Dell, and VMware.

16:13 IST BSE
Annual Report

E2E Networks Annual Report

E2E Networks Limited submitted its Annual Report for the financial year ended March 31, 2026, as required under Regulation 34 of SEBI Listing Regulations.

15:22 IST NSE
Other Announcement

E2E Networks Other Announcement

E2E Networks has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, as part of its annual regulatory compliance disclosures.

15:09 IST NSE
Annual General Meeting

E2E Networks Annual General Meeting

E2E Networks Limited issued the notice for its 17th Annual General Meeting on September 28, 2026. Shareholders will consider director appointments and managerial remuneration revisions.

17:20 IST NSE
New Order Win

E2E Networks Bags ₹1,000 Cr Order

E2E Networks secured a contract worth Rs. 1,000 Crore from a sovereign AI company to provide NVIDIA Blackwell cloud GPUs and related services until June 2029.

Value
₹1,000 Cr
Execution
up to June 2029
14:20 IST NSE
Employee Stock Options

E2E Networks Employee Stock Options

E2E Networks Limited has granted 5,45,000 stock options to eligible employees under its ESOP Scheme 2021. The options are exercisable within two years from vesting.

Execution
2 years from vesting