Netweb Technologies India Ltd

- Mr. Sanjay Lodha, Chairman and MD, stated they do not currently feel the need to raise money, at least up to ₹2,500 crores turnover. - He expressed confidence in achieving turnover of ₹2,200-2,400 crores without external funding. - No announcement or plans regarding raising funds through preferential equity issues or leveraging corporate arms as of now. - The company prefers to use internal accruals for growth, with possible acquisitions or partnerships considered for future incremental investments. - Overall, there are no immediate plans for fundraising through debt or equity.

- The company is making a Production Linked Incentive (PLI)-related investment of around ₹20 crores over seven years, with most of the investment already being made in the current year. - The SMT (Surface Mount Technology) line establishment at a new location is in progress and expected to be operational within 3-6 months, indicating capital expenditure in manufacturing capacity. - In the medium term (2-3 years), the company plans to utilize idle internal accruals for acquisitions or partnerships to leverage capabilities and enhance revenue streams. - No immediate requirement for raising external funds is expected, as the company is confident it can scale turnover up to ₹2200-2400 crores using existing resources. - The company is investing heavily in R&D, especially in developing make-in-India 5G O-RAN products, which suggests strategic investment in product innovation and technology.

- Revenue guidance for FY24 is expected to grow at a CAGR of 30-40%, targeting around ₹600 crore plus for the year. - EBITDA margins for FY24 are expected to be stable around 13-14%, with a slight improvement to 14-15% anticipated in FY25. - The order pipeline of around ₹3,232 crore covers a 12-18 month period, indicating sustained growth opportunities. - Supercomputing, private cloud, and AI segments are major growth drivers; AI business share expected to grow from 7% to around 15-16% of overall revenue. - Increasing adoption of 5G O-RAN, private cloud deployments especially in PSU banks, and HPC systems to fuel growth. - Confidence expressed in doubling turnover to approx ₹2,200-2,400 crore without requiring additional funding. - Enterprise segment expected to grow to around 60% revenue share over 2-3 years, reducing government dependency.

- Revenue guidance for FY24 is expected to grow at a CAGR of 30-40%, with revenue exceeding ₹600 crore. - Operating EBITDA margins for FY24 are anticipated to remain stable at 13-14%, similar to current levels. - For FY25, EBITDA margins are expected to improve slightly to the range of 14-15%. - No immediate plans to raise funds; confident of scaling turnover to ₹2200-2400 crore with internal accruals. - Robust order book and pipeline (₹339 crore orders, ₹302 crore L1, with ₹3232 crore pipeline) support strong future revenue visibility. - Expanding into emerging business areas like AI systems, HPC, private cloud, and 5G O-RAN expected to drive growth. - Stable government and enterprise customer split assumed, with potential shift toward higher private enterprise revenue over 2-3 years. - Revenue guidance update expected in the March quarter con-call.

- Current confirmed order book stands at approximately ₹339 crore. - L1 (lowest bidder) orders amount to around ₹302 crore, expected to convert to confirmed orders soon. - Total pipeline including confirmed + L1 is about ₹600 crore. - The overall pipeline (cases being pursued, tenders, specs, PoCs) is around ₹3,232 crore, covering opportunities for the next 12-18 months. - Conversion from L1 to orders usually takes 3-4 months. - Order book includes significant projects like the ISRO supercomputer order worth ₹147 crore. - Management confident of scaling turnover to ₹2,200-2,400 crore without external funding. - Revenue guidance for FY24 is above ₹600 crore with a CAGR of 30-40%.