E2E Networks Ltd
E2E Networks is an Nse-listed AI-focused hyper scale cloud platform, offering advanced cloud GPUs and a comprehensive ecosystem of cloud technologies designed for the development and deployment of AI/ML applications.[1]
- Market Cap ₹ 11,513 Cr.
- Current Price ₹ 560
- High / Low ₹ 769 / 183
- Stock P/E 98.1
- Book Value ₹ 87.8
- Dividend Yield 0.00 %
- ROCE -0.51 %
- ROE -0.95 %
- Face Value ₹ 1.00
Pros
- Company is expected to give good quarter
- Company's median sales growth is 38.8% of last 10 years
Cons
- Stock is trading at 6.38 times its book value
- Company has a low return on equity of 2.12% over last 3 years.
- Company might be capitalizing the interest cost
- Promoter holding has decreased over last 3 years: -20.3%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 10 | 21 | 29 | 36 | 34 | 25 | 35 | 52 | 66 | 94 | 164 | 246 | 546 | |
| Sales growth | +116% | +37% | +23% | -6% | -26% | +41% | +47% | +28% | +43% | +74% | +50% | +252% | |
| 5 | 8 | 13 | 18 | 23 | 26 | 25 | 29 | 33 | 47 | 67 | 119 | 159 | |
| Operating Profit | 5 | 13 | 17 | 18 | 11 | -1 | 10 | 23 | 33 | 48 | 97 | 126 | 387 |
| OPM % | 47% | 61% | 57% | 50% | 32% | -4.8% | 29% | 44% | 50% | 51% | 59% | 51% | 71% |
| 0 | 0 | 0 | 0 | 0 | 2 | 1 | 0 | 1 | 2 | 39 | 34 | 32 | |
| Interest | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 13 | 12 | 29 |
| Depreciation | 3 | 9 | 10 | 10 | 9 | 10 | 12 | 18 | 20 | 16 | 60 | 169 | 234 |
| Profit before tax | 1 | 3 | 6 | 8 | 2 | -9 | -1 | 5 | 13 | 30 | 63 | -21 | 157 |
| Tax % | 34% | 33% | 31% | 29% | 29% | 0% | 0% | -22% | 25% | 28% | 24% | -27% | |
| 1 | 2 | 4 | 6 | 2 | -9 | -1 | 6 | 10 | 22 | 47 | -16 | 117 | |
| EPS in Rs | 0.10 | 0.27 | 0.53 | 0.50 | 0.12 | -0.65 | -0.09 | 0.45 | 0.68 | 1.51 | 2.38 | -0.76 | 5.70 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 28% |
| 5 Years: | 47% |
| 3 Years: | 55% |
| TTM: | 252% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 1218% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 156% |
| 3 Years: | 114% |
| 1 Year: | 112% |
| Return on Equity | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 3% |
| 3 Years: | 2% |
| Last Year: | -1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.27 | 0.27 | 0.27 | 12 | 14 | 14 | 14 | 14 | 14 | 14 | 20 | 21 | 21 |
| Reserves | 4 | 6 | 11 | 6 | 19 | 10 | 13 | 24 | 35 | 56 | 1,573 | 1,664 | 1,784 |
| 2 | 5 | 2 | 0 | 0 | 0 | 4 | 2 | 6 | 144 | 73 | 159 | 497 | |
| 1 | 2 | 4 | 4 | 4 | 4 | 5 | 7 | 13 | 40 | 915 | 484 | 339 | |
| Total Liabilities | 8 | 13 | 18 | 21 | 38 | 28 | 37 | 48 | 68 | 255 | 2,581 | 2,328 | 2,641 |
| 7 | 11 | 11 | 10 | 11 | 10 | 26 | 37 | 42 | 210 | 389 | 1,036 | 1,545 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 636 | 533 | 0 |
| Investments | 0 | 0 | 0 | 4 | 18 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1 | 3 | 7 | 7 | 9 | 19 | 10 | 11 | 26 | 45 | 1,555 | 759 | 1,096 | |
| Total Assets | 8 | 13 | 18 | 21 | 38 | 28 | 37 | 48 | 68 | 255 | 2,581 | 2,328 | 2,641 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5 | 13 | 14 | 14 | 10 | -2 | 13 | 26 | 36 | 43 | 88 | 122 | |
| -8 | -13 | -10 | -12 | -24 | 11 | -19 | -19 | -21 | -144 | -983 | -429 | |
| 4 | 0 | -2 | -2 | 15 | 0 | 2 | -2 | -2 | 92 | 1,350 | 165 | |
| Net Cash Flow | 0 | 0 | 2 | 0 | 1 | 9 | -4 | 5 | 12 | -9 | 456 | -142 |
| Free Cash Flow | -4 | 0 | 3 | 6 | -0 | -11 | -11 | 5 | 17 | -103 | -37 | -1,140 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 104% | 107% | 95% | 97% | 115% | 105% | 115% | 113% | 113% | 94% | 94% | 97% |
Ratios
Standalone / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 2 | 19 | 19 | 28 | 9 | 10 | 4 | 1 | 3 | 10 | 22 | 25 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 2 | 19 | 19 | 28 | 9 | 10 | 4 | 1 | 3 | 10 | 22 | 25 |
| Working Capital Days | -27 | -39 | 3 | 4 | 6 | 30 | -54 | -31 | -54 | -107 | -1,607 | -391 |
| ROCE % | 44% | 54% | 54% | 9% | -37% | -5% | 15% | 29% | 25% | 8% | -1% |
Insights
In beta| Dec 2012 | Dec 2017 | Mar 2020 | Dec 2021 | Dec 2022 | Jan 2025 | Sep 2026 | |
|---|---|---|---|---|---|---|---|
| Active Customer Count Customers |
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| AI/ML and Cloud Engineers Engineers |
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| Data Center IT Power Capacity MW |
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| Multi-year GPU Contract Value INR Cr |
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| Total Cloud GPU Capacity GPUs |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Credit Rating
- ICRA upgraded E2E Networks' bank facilities to A (Positive) from A- (Stable) on November 13, 2026.
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E2E Networks Limited Has informed About Securing Approximately 12.8 MW Of Additional Data Centre Capacity Over And Above The Company''s Existing Data Centre Capacity Of Approximately 14.6 MW
- E2E Networks secured 12.8 MW additional capacity, taking total data centre capacity to 27.4 MW.
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E2E Networks Limited Has informed About Product Launch
- E2E launched Blaze on 02 Nov 2026, a pay-per-token AI inference service for open models.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
- E2E Networks plans 5.4 MW Blackwell expansion, lifting AI capacity nearly 59% to 14.6 MW.
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E2E Networks Limited Has informed About The Capacity Addition.
- E2E Networks proposes 5.4 MW capacity expansion for NVIDIA Blackwell GPUs, raising capacity from 9.2 MW.
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
from nse
Concalls
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Oct 2026Transcript PPT REC
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Business Profile[1]
E2E network provides a full-stack AI/ML and GenAI cloud ecosystem designed for scalable, accessible, and cost-efficient deployment of large-scale compute clusters. Its offerings include cutting-edge Cloud GPU infrastructure (H100, H200, A100, V100, etc.), the TIR AI/ML platform, AI Labs-as-a-Service, and Sovereign Cloud Platform solutions.