āagmanLoginNot investment advice. Data and computed figures, for information only.
Netweb Technologies India Ltd
₹4,712.10
−₹355.60 (−7.02%)
NSE · 15 Oct 2026, close
Market Cap
₹28,069 Cr
CMP
₹4,712.10
52-wk High / Low
₹5,813 / 2,920
P/E
108.0
P/B
37.2
Book Value
₹127.0
Div Yield
0.06%
ROCE
37.0%
ROE
32.8%
Face Value
₹2
D/E
0.39
Price+17.0% over 1Y
āagman read
Computed by āagmanPiotroski F-Score
4
/ 9
4 of 9 F-score tests passed
Graham Number
₹321
√(22.5 × EPS × book value per share)
ROIC
20.1%
vs 13.5% sector median
Cash flow to profit
3.83
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−19
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
30.7%
ROE × earnings retention ratio
ROE stability
13.7
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −0.02DII +1.23
Latest quarter vs the previous one
Cash-accrual divergence
−37.1%
of assets
Low = accruals track cash flow
Strengths
+ROCE has stayed above the sector median for 5 consecutive years (weakest: 32% vs the 2025 sector median of 21%)
+Price trades above its 200-day moving average (1.2x)
Watch-outs
−Annualised volatility of 52.8% is in the high band (≥45%)
Peer comparison
| Name | P/E | Mar Cap ₹ Cr | ROCE % | ROE % |
|---|
Quarterly results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 60 | 145 | 253 | 266 | 149 | 251 | 334 | 415 | 301 | 304 | 805 | 774 | 820 |
| Expenses | 51 | 126 | 219 | 225 | 130 | 215 | 291 | 355 | 256 | 258 | 707 | 677 | 699 |
| Operating Profit | 9 | 19 | 34 | 40 | 20 | 36 | 43 | 59 | 45 | 45 | 98 | 97 | 121 |
| OPM % | 15.0% | 13.1% | 13.4% | 15.0% | 13.4% | 14.3% | 12.9% | 14.2% | 15.0% | 14.8% | 12.2% | 12.5% | 14.8% |
| Other Income | 0 | 3 | 5 | 4 | 4 | 2 | 2 | 2 | 1 | 1 | 7 | 10 | 8 |
| Interest | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 8 | 12 |
| Depreciation | 1 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 3 |
| Profit before tax | 7 | 20 | 35 | 40 | 20 | 35 | 40 | 57 | 42 | 42 | 98 | 95 | 114 |
| Net Profit | 5 | 15 | 26 | 30 | 15 | 26 | 30 | 43 | 30 | 31 | 73 | 71 | 85 |
| EPS (₹) | 0.98 | 2.70 | 4.64 | 5.26 | 2.70 | 4.64 | 5.27 | 7.52 | 5.38 | 5.55 | 12.94 | 12.40 | 14.98 |
Profit & Loss
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 130 | 156 | 143 | 247 | 445 | 724 | 1,149 | 2,184 | 2,702 |
| Expenses | 123 | 148 | 128 | 212 | 375 | 621 | 990 | 1,899 | 2,342 |
| Operating Profit | 7 | 8 | 14 | 35 | 70 | 103 | 159 | 285 | 360 |
| OPM % | 5.4% | 5.1% | 9.8% | 14.2% | 15.7% | 14.2% | 13.8% | 13.0% | 13.3% |
| Other Income | 0 | 1 | 2 | 1 | 1 | 12 | 9 | 19 | 26 |
| Interest | 2 | 3 | 3 | 4 | 4 | 6 | 4 | 13 | 23 |
| Depreciation | 1 | 1 | 1 | 2 | 4 | 6 | 11 | 14 | 14 |
| Profit before tax | 4 | 5 | 11 | 30 | 63 | 102 | 153 | 277 | 349 |
| Net Profit | 3 | 4 | 8 | 22 | 47 | 76 | 114 | 206 | 261 |
| EPS (₹) | 4.74 | 6.91 | 14.55 | 39.68 | 9.22 | 13.47 | 20.08 | 36.15 | 45.87 |
Balance Sheet
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 6 | 6 | 10 | 11 | 11 | 11 | — |
| Reserves | 5 | 8 | 16 | 39 | 83 | 411 | 518 | 712 | — |
| Borrowings | 11 | 15 | 31 | 34 | 36 | 10 | 8 | 282 | — |
| Other Liabilities | 29 | 22 | 58 | 70 | 137 | 180 | 355 | 1,249 | — |
| Total Liabilities | 51 | 51 | 110 | 149 | 266 | 612 | 892 | 2,255 | — |
| Fixed Assets | 4 | 6 | 7 | 10 | 23 | 44 | 49 | 58 | — |
| CWIP | 0 | 0 | 0 | 1 | 2 | 1 | 7 | 2 | — |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Other Assets | 47 | 44 | 104 | 138 | 241 | 568 | 836 | 2,196 | — |
| Total Assets | 51 | 51 | 110 | 149 | 266 | 612 | 892 | 2,255 | — |
Cash Flows
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 3 | 3 | −10 | 5 | 27 | 18 | −13 | 790 |
| Cash from Investing Activity | −1 | −3 | −2 | −5 | −14 | −145 | 112 | −216 |
| Cash from Financing Activity | −2 | 1 | 12 | 0 | −8 | 209 | −18 | 240 |
| Net Cash Flow | 0 | 1 | 0 | 0 | 5 | 83 | 80 | 814 |
Ratios
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| ROCE % | — | 31.0 | 36.0 | 52.0 | 64.0 | 38.0 | 32.0 | 37.0 |
| ROE % | — | — | — | — | — | — | — | 32.8 |
| EPS (₹) | 4.74 | 6.91 | 14.55 | 39.68 | 9.22 | 13.47 | 20.08 | 36.15 |
| Book Value (₹) | — | — | — | — | — | — | — | 127.0 |
| Face Value (₹) | — | — | — | — | — | — | — | 2 |
| P/E | — | — | — | — | — | — | — | 108.0 |
| Div Yield % | — | — | — | — | — | — | — | 0.06 |
| NPM % | 2.3 | 2.5 | 5.5 | 8.9 | 10.5 | 10.3 | 9.8 | 9.4 |
| OPM % | 5.0 | 5.0 | 10.0 | 14.0 | 16.0 | 14.0 | 14.0 | 13.0 |
| D/E | 1.00 | 1.07 | 1.41 | 0.76 | 0.39 | 0.02 | 0.02 | 0.39 |
| P/B | — | — | — | — | — | — | — | 37.2 |
Growth
Compounded sales growth
5 years+73.0%
3 years+70.0%
TTM+108.0%
Compounded profit growth
5 years+90.0%
3 years+64.0%
TTM+102.0%
Stock price CAGR
3 years+75.0%
Last year+17.0%
Return on equity
5 years32.0%
3 years29.0%
Last year33.0%
Documents
Corporate actions
7 Aug 2026DIVIDENDDividend - Rs 3 Per Share—
22 Aug 2025DIVIDENDDividend - Rs 2.50 Per Share—
9 Aug 2024DIVIDENDDividend - Rs 2 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman