| Revenue growth | 411% YoY, 43% QoQ driven by sovereign AI cluster deals. |
|---|---|
| Margins | EBITDA margins expanded 141 bps QoQ to a high 76.6%. |
| Order book | Large sovereign AI deal worth ₹1,000 Cr currently being executed. |
| Demand visibility | High visibility through long-term GPU contracts till June 2029. |
| Management confidence | Extremely bullish on AI super-cycle; dismissive of competitive intensity. |
Growth
Revenue surged 411% YoY and 43% QoQ; EBITDA margins expanded to 76.6%.
Outlook
Next Blackwell B200 GPU slots expected to go live in Q3 FY27.
Risks
Heavy client concentration from a ₹1,000 Cr deal; management provides no quantitative forward guidance.
Last quarter's promises, checked
Delivered
- B200 cluster deployment → delivered online and put on revenue (= BEAT)
- Operating leverage expansion → delivered 75.2% EBITDA margin (= BEAT)
- Utilization increase → delivered maximal utilization of existing fleet (= BEAT)
Earnings Call Transcript filed with BSE, NSE: E2E. Summary written with AI assistance from the document.
E2E Networks Ltd: key numbers
- Share price
- ₹538.15
- Market cap
- ₹11,062 Cr
- Revenue (annual)
- ₹245.6 Cr
- Net profit (annual)
- ₹-15.57 Cr
- P/E (TTM)
- 94.3×Sector 22.9×
- Promoter holding
- 39.40%-0.05% QoQ
- FII holding
- 2.53%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from E2E Networks Ltd
All →E2E Networks Capacity Expansion
E2E Networks proposes adding 5.4 MW GPU capacity for NVIDIA Blackwell systems. Financing via internal accruals and debt; no specific investment value disclosed.
- GPU computing infrastructure capacity
- 5.4 MW
E2E Networks Legal & Regulatory
E2E Networks paid aggregate fines of ₹23,600 to NSE and BSE for non-compliance regarding prior intimation of a board meeting under SEBI regulations.
- Value
- ₹0.00 Cr
E2E Networks Other Announcement
E2E Networks submitted Monitoring Agency Reports for the quarter ended September 30, 2026, regarding the utilization of proceeds from its previous preferential and QIP issues.
E2E Networks Investor Presentation: Key Takeaways
E2E Networks reported explosive growth in Q2 FY27, with Revenue up 410.8% YoY and 42.7% QoQ. Strategy focuses on sovereign AI cloud infrastructure with high-end NVIDIA GPU deployments.
E2E Networks Bags ₹1,000 Cr Order from Indian sovereign AI company
E2E Networks signed a ~₹1,000 Crore binding term sheet with an Indian sovereign AI company for NVIDIA Blackwell cloud GPUs. The multi-year contract provides revenue visibility through 2029.
- Value
- ₹1,000 Cr
- From
- Indian sovereign AI company
- Execution
- Through June 2029
E2E Networks Q2 FY27 Results: Turns Profitable, Net Profit ₹72.7 Cr
E2E Networks Ltd reported revenue from operations of ₹223.8 Cr (+411.0% YoY) and net profit of ₹72.7 Cr for Q2 FY27.
- Key figure
- Net profit ₹72.7 Cr