CIN : L72100HR1999PLC103911

PAN NO : AABCN4805A
GST NO : 06AABCN4805A1Z3

Date : 12.02.2024

To, To,
BSE Limited The National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, “Exchange Plaza”, Bandra – Kurla Complex,
Dalal Street, Fort, Bandra (EAST), Mumbai – 400 051
Mumbai – 400 001. NSE SYMBOL: NETWEB
BSE Scrip Code: 543945

SUBJECT: STRATEGY PRESENTATION

Dear Sir/ Madam,

Please find enclosed herewith the updated Strategy Presentation.

Kindly take the same on record.

Thanking you,
For Netweb Technologies India Limited

Lohit Chhabra
Company Secretary & Compliance Officer

Netweb Technologies India Limited

[Formerly Known as Netweb Technologies India Private Limited]
Plot No. H-1, Block-H, Pocket No. 9, Faridabad Industrial Town, Sector-57, Faridabad, Haryana 121004
Tel. No. : +91-129-2310400
Website : [Link] E-mail : complianceofficer@[Link]
 India’s Leading High-end Computing Solutions (HCS) Provider

February 2024
BSE: 543945
NSE: NETWEB
Bloomberg: NETWEB:IN

1
 Safe Harbour Statement

This presentation may contain certain “forward-looking statements” within the meaning of applicable securities laws and
regulations, which may include those describing the Company’s strategies, strategic direction, objectives, future projects
and/or prospects, estimates etc. Investors are cautioned that “forward looking statements” are based on certain assumptions
of future events over which the Company exercises no control. Therefore, there can be no guarantee as to their accuracy and
readers are advised not to place any undue reliance on these forward-looking statements. The Company undertakes no
obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events,
or otherwise. These statements involve a number of risks, uncertainties and other factors that could cause actual results or
positions to differ materially from those that may be projected or implied by these forward-looking statements. Such risks and
uncertainties include, but are not limited to; growth, competition, acquisitions, domestic and international economic
conditions affecting demand, supply and price conditions in the various business's verticals in the Company’s portfolio,
changes in Government regulations, laws, statutes, judicial pronouncement, tax regimes, and the ability to attract and retain
high quality human resource.

2
Agenda

1 About Netweb Technologies

2 Key Investment Highlights

3 Growth Strategies

4 Annexures
 About Netweb Technologies
India’s leading Indian origin, owned and controlled OEM in the space of High-end Computing Solutions (HCS)

● Offers a full stack of product and solution suite with comprehensive

capabilities in designing, developing, implementing and integrating high Business Tailwinds ►►
performance computing solutions
● Collaborates with various technology partners such as Intel Americas, Inc, AMD, ‘Make in India’ Policy & ‘PLI Scheme’ of the
Samsung India Electronics Private Ltd, Nvidia & Seagate India Private Ltd GOI

● Develops homegrown compute and storage technologies, deploys

Import Licensing on Servers, Laptop, &
supercomputing infrastructure to meet the rising computational demands of
Tablets from Nov 2023 by DGFT*
businesses, academia, and research organizations
Overview
● Compliant with the “Make in India” policy of the Government of India ‘Make AI in India & Make AI work for
India’ initiative of the GOI
● One of the few OEMs in India eligible to participate in and seek incentives in
terms of both the IT Hardware PLI and Telecom and Networking PLI schemes Growing demand for cloud-based services
and network switches
● Established in 1999 with manufacturing facility located in Faridabad, Haryana
and 17 offices located across India Upgrading network to 5G technology
driving 5G ORAN

Accelerator / GPU 9M FY24 Financial Metrics

300+ Supercomputing
systems installed 4000+ based AI systems &
enterprise workstations
Revenue from Operation: ₹4,582 Mn
Customers: Govt. (50.6%) vs Non-Govt. (49.4%)

Op EBITDA Margin:
PAT Margin: 9.9%
13.6%
Supercomputers listed eleven

50+ Private cloud & HCI

installations 3 times in the world's top 500
supercomputers ROCE1: 32.1% ROE2: 25.3%

*Notification No. 26/2023 dated 03.08.2023 – GOI, Ministry of Commerce & Industry Note: 1Return on Capital Employed annualized ; 2Return on Equity annualized;
4
 Key Milestones
Qualified for PLI Scheme
of GOI for IT Hardware
1999 ESTABLISHED Outstanding Contribution in
Awarded Intel Technology Promotion of electronics &
Provider Platinum 2018 manufacturing of servers
Best HPC Data Center from MEITY

KABRU - IMS CHENNAI Specialist 2021

Was, then, one of the top Received Orders for Tyrone
2004 500 most powerful HPC Storage, Capacity
supercomputing systems in 10500 Terabyte from R&D
the world 2018 Organization of MEITY , GOI 2023

2022 2020 Manufacturing Partnership

with NVIDIA:
Qualified for PLI - Telecom For NVIDIA Grace CPU
2013 and Networking Product Superchip & GH200 Grace
Deployed 5G cloud for 2023 Hopper Superchip MGX
PARAM YUVA II- International telecom server designs
service provider
CDAC PUNE Netweb Listing:
69TH World's Most
Launched container 2023
2017 platform Kubyts enabling Listed on 27th July 2023 on
Powerful BSE & NSE
rapid deployment of AI &
supercomputer at the HPC Deployed AIRAWAT - India's
time of commissioning
Deployment servers as part Largest and Fastest AI
of surveillance project at Supercomputing System & Ranked
204 locations across 23 2019 75th in the world
states for a public Foraying into Network Switches
sector undertaking Deployed PARAM Ambar at & 5G ORAN
ISRO - India’s 4th Fastest
Supercomputer at the time of
commissioning

5 *Source: F&S Report

 Snapshot of Our HCS Offerings (1/2)
India’s leading HCS provider with fully integrated design and manufacturing capabilities

(A) High performance computing (B) Private cloud and hyperconverged 9M FY24 – Revenue
(Supercomputing / HPC) systems infrastructure (HCI) Breakdown by offerings^
● Bespoke, and tailored with specialized hardware designs ● Private cloud and HCI offers hyper-converged
and architecture capabilities i.e., combining compute, storage, and
0.2% 3%
● Cater to varied customer specifications network' to build: 3%
Simplified Cluster Cluster
Deployment Management
Private &
HCI Cloud Cloud 5%
Hybrid Cloud Tools Native Storage
5%
38%
10%
(C) AI systems and enterprise (D) High performance storage
workstations (HPS/Enterprise Storage) solutions
● Address standalone parallel compute-intensive HCS ● Centralized repository for business-critical
applications, machine learning, deep learning, information that provides data sharing, data
Offerings protection across multiple computer systems
and support CF-CAD-CMD Applications
Unified High IOPs
Machine Deep Storage
Learning Learning
Storage 36%
Parallel File Scalable to
System Storage Exabytes

Supercomputing / HPC Systems

(F) Software and services for HCS Private cloud & HCI
(E) Data Centre servers
offerings AI & Enterprise Workstations
● Designed to reduce the complexity of managing critical ● Cloud Managed Services – These are the partial or HPS solutions
and heavy workloads complete management and control of a client's cloud
● Servers are advanced Al powered that allow intelligent platform, including migration, maintenance, and Data Centre Server
and efficient data processing and storage optimization
Low rack space High in-built
5G related
AI, ML & Software & Service for HCS offerings
consumption Storage Cloud deep learning
High energy Wide accelerator/ solutions services Network Switches
as a service
efficiency GPU support
Spares & Others
^Govt & Non Govt Revenue on the basis of Revenue from operations excludes Other operating revenue
6 *Source: F&S Report; ^% share of FY23 revenue from operation excludes Other operating revenue
 Snapshot of Our HCS Offerings (2/2)
High-End Computing Solutions (HCS) Offerings Suite

High Performance Private cloud and AI systems and High performance Data Centre
Computing (HPC) hyperconverged Enterprise workstations storage (HPS) servers
Systems infrastructure (HCI) solutions

7
 Netweb has designed, developed and deployed some of India’s
most powerful supercomputers
Speed in Speed in Speed in Speed in
Year of Year of
Supercomputer User teraflops teraflops Particulars Supercomputer User teraflops teraflops Particulars
Deployment Deployment
(Rpeak) (Rmax) (Rpeak) (Rmax)

India's largest
and fastest AI
supercomputing NISER, India’s 26th fastest
system. Ranked Kalinga upgrade 2016 & 2020 249.37 161.42
Centre for Bhubaneshwar supercomputer
75th in the world
Development of
AIRAWAT and has been
2023 Advanced 13,169.86 8,500.00
included in the
Computing,
61st edition of
India (CDAC)
Top 500 Global
Supercomputing TIFR-TCIS India’s 20th fastest
List released in Kohinoor 3 2016 70.85 43.59
Hyderabad supercomputer
June 2023

India’s 27th
Agastya 2020 IIT Jammu 256.00 161.00 fastest Centre for
supercomputer the 69th most
Development of
powerful
PARAM YUVA-II 2013 Advanced 529.38 386.71
supercomputer in
Computing, India
the world
(CDAC)
Indian Space
Research
Organisation India’s 4th fastest
PARAM Ambar 2019 1,384.85 919.61
(ISRO), supercomputer
Government of
India Our first
Supercomputing
National The Institute of system, which was
Institute Kabru 2004 Mathematical 1.38 1.00 then one of the top
of Science India’s 29th Sciences, Chennai 500 most powerful
Hartree
2018 Education and 51.90 38.87 fastest supercomputing
Research supercomputer system in the world
(NISER),
Bhubaneshwar

8
 Netweb’s Diversified Application Industry Base
Catering to the end-to-end needs of customers that enable the company to attract new customers and diversify its customer base

11% 36% 22%

62%
% share of Total Revenue

20%
47%
from operations^

6% 38% 30% 19%

8%
25%
6% 38% 21%
11%

2021 2022 2023 9M'FY24 2021 2022 2023 9M'FY24 2021 2022 2023 9M'FY24 2021 2022 2023 9M'FY24

Space and Higher Education and IT & ITeS Others*

Defense Research
9 *Other enterprises
*Other enterprises includes BFSI, entertainment and media etc. ; ^Revenue includes
from operations BFSI, entertainment
excludes and
Other operating media etc. ; ^Revenue from operations excludes Other operating revenue
revenue
HCS Offerings Portfolio
 High Performance Computing (HPC)
India’s largest manufacturer of Supercomputing systems

Designed, Developed & Deployed some of

India’s most powerful Supercomputing systems HPC Systems Overview
● In terms of the number of HPC installations, Netweb is one of the most significant OEMs in
India amongst others*

● Equipped with ‘Tyrone’ cluster management suite

● Deployed diverse Supercomputing systems ranging from 10 nodes to 400 nodes & scalable up
to 1,000 nodes, to cater to different customers’ requirements

● 300+ HPC Installations to various government institutions and private enterprises such as IITs,
JNU, NMDC Data Centre, etc

Segmental Revenue Trend (INR Mn) Indian HPC Market ($Mn)*

Revenue 10% 42% 39% 38%

Share^ CAGR : 9.3%
CAGR 252.9%
1,728 1,743
1,030

139 CAGR : 9.3%

1
919
FY21 FY22 FY23 9M'FY24
AIRAWAT PARAM PARAM 539
493
Ambar YUVA-II Marquee Customers 378

❖ PARAM YUVA-II is one of the India’s fastest and 1

largest hybrid supercomputer
2019 2022 2023E 2029F

*Source: F&S Report; Note: 1: FY21 was impacted due to COVID related disruptions; ^% share of 1revenue from operation excludes other operating revenue
11 *Source: F&S Report; Note: FY21 was impacted due to COVID related disruptions; ^% share of FY23 revenue from operation excludes other operating revenue
 Private Cloud and Hyperconverged Infrastructure (HCI)
Offers hyper-converged capabilities i.e. combining compute, storage, and network

The company’s private cloud & HCI offering is

built and sold under our Tyrone Skylus brand Private Cloud & HCI Overview

● Provide a bespoke hardware and curated software stack

● Tyrone Skylus has enabled the company to compete with foreign HCI OEMs, virtualization
ISVs, private cloud platforms, and general computing rigs

● Installations of 50+ private cloud and HCI to marquee customers such as Graviton, Akamai,
A.P.T. Portfolio, and Yotta Data.

Segmental Revenue Trend (INR Mn) Indian Private Cloud & HCI Market ($Mn)*

Revenue 36%
28% 19% 33%
Share^
CAGR : 19.2%
CAGR 89.9%
1,461 1,631

405 479
Private Cloud 8,007
1
Cloud Tools FY21 FY22 FY23 9M'FY24
CAGR : 17.7%
Hybrid Marquee Customers
HCI
Cloud 2,369 2,797

Cloud Native
1
A.P.T. 1,454

Storage Portfolio 2019 2022 2023E 2029F

12 *Source: F&S Report; Note: 1:FY21 was impacted due to COVID related*Source: F&S ^%
disruptions; Report;
shareNote: 1FY21 was
of revenue fromimpacted due
operation to COVID
excludes related
other disruptions;
operating revenue^% share of FY23 revenue from operation excludes other operating revenue
 AI Systems and Enterprise Workstations (AI & EW)
Address requirements of Supercomputing systems, machine learning and deep learning

The company’s AI Systems & workstations are

designed to support wide range of applications AI Systems & Enterprise Workstations Overview
such as
● Equipped with proprietary containerised application solution (viz., Tyrone Kubyts)

● Designed and developed a wide range of over 50 workstation models to customers such as
Airamatrix & HL Mando

● Undertaken installations of over 4,000 accelerator / GPU-based AI systems and enterprise

workstations for marquee customers such as IIT Jammu, IIT Kanpur, IIIT Naya Raipur, JNU, HL
Mando, Hemvati University, and Airamatrix.

Indian AI Systems & Enterprise

Segmental Revenue Trend (INR Mn)
Workstations Market ($Mn)*
Revenue
10% 10% 7% 10%
Share^ CAGR : 27.8%

CAGR 45.6% 457

309
243
146

1
1,456
FY21 FY22 FY23 9M'FY24

AI CMD Marquee Customers CAGR : 17.7%

1 262 334
161
CFD CAD/CAM
2019 2022 2023E 2029F

13 *Source: F&S Report; Note: 1: FY21 was impacted due to COVID related
*Source: F&S Report;
disruptions; Note:
^% share of 1FY21 was
revenue impacted
from dueexcludes
operation to COVIDother
related disruptions;
operating ^% share of FY23 revenue from operation excludes other operating revenue
revenue
 High Performance Storage (HPS/Enterprise Storage) Solutions
HPS Solutions provide high throughput and high IOPs# storage for enterprise computation users

The company’s hardware, software have been

developed in-house and are compliant with the HPS Solutions Overview
‘Make in India’ policy*.
Its HPS Solutions comprise: ● Capable of being integrated into private & public cloud environments

● Salient features of HPS solutions are no single point of failure, scalable upto Exabytes, and
built-in high availability

● Facilitate 10 mn IOPs# & 100 GBps (scalable upto 450GBps) throughput & designs that can
be extended up to 1,000 petabytes

● Provide HPS solutions to marquee Customers including Graviton, A.P.T. Portfolio, and INST.

Unified storage solution Parallel file system Segmental Revenue Trend (INR Mn) Indian Enterprise Storage Market ($Mn)*
(Tyrone Verta) storage
(Tyrone ParallelStor)
Revenue
24% 9% 7% 5% CAGR : 5.0%
Share^

336 308
249 CAGR : 0.4%
217

948
1
FY21 FY22 FY23 9M'FY24
670 678 709
Marquee Customers
Cloud native storage Surveillance and object
(Tyrone Collectivo) storage 1 A.P.T.
(Tyrone Collectivo with Fluid
Input Output) Portfolio
2019 2022 2023E 2029F

*Source: F&S Report; Note: 1FY21 was impacted due to COVID related disruptions; #Input/output operations per second; ^% share of FY23 revenue from operation
14 *Source: F&S Report; Note: 1:FY21 was impacted due to COVID related disruptions; Input/output operations per second; ^% share of revenue from operation excludes other operating revenue
#
excludes other operating revenue
 Data Centre Server
Designing and Manufacturing servers to cater to disparate customer needs from entry-level servers to high-end ‘mission-critical’ servers

The company’s current server models are typically

designed and built with the dual processor Data Centre Server Overview
configuration that enables multiple operations
simultaneously, leading to low latency & better ● Designed and built over 200 dual-processor server models under the brand ‘Tyrone
physical space utilization. Camarero”
● Improving and customizing offerings to address specific requirements such as - Low Rack Space
Consumption, High in-built storage capability (up to 1petabyte (1015)), High Energy
Efficiency etc.
● Design and manufacture servers in compliance with the ‘Make in India’ policy
● Provide data center servers to marquee Customers including JNU, HL Mando, etc.
1U Server 2U Server

Segmental Revenue Trend (INR Mn) Indian Data Centre Server Market ($Mn)*

Revenue
12% 10% 6% 5%
Share^ CAGR : 5.0%

CAGR 29.9% 283

241 238
168 CAGR : 6.0%
All-Flash NVME 4U 8 Node Server

1 4,564
FY21 FY22 FY23 9M'FY24
3,265 3,414
2,741
Marquee Customers
1

GPU Server Storage Server

2019 2022 2023E 2029F

*Source: F&S Report; Note: 1FY21 was impacted due to COVID related disruptions; ^% share of FY23 revenue from operation
15 *Source: F&S Report; Note: 1:FY21 was impacted due to COVID related disruptions; ^% share of revenue from operation excludes other operating revenue
excludes other operating revenue
 Software & Service for HCS
Providing private cloud software stack – Both on-premises and off-premises

The company’s cloud solutions Software & Service for HCS Overview
comprise deployment services which include
● Private cloud software stack to handle complex workloads (including 5G enterprise cloud, 5G
edge compute, private 5G, and enterprise IT)
● Provide ‘Big Data’ centric solutions that are designed to cater to data-intensive distributed
applications under a single umbrella
● ‘Big Data’ centric solutions use Tyrone Camarero dense systems, Tyrone Cluster Management
Suite, and Tyrone Collectivo range of specialized storage systems
● Provide software and services for HCS to marquee Customers including NMDC Data Centre and
Graviton.

Indian Cloud Managed Services Market

Segmental Revenue Trend (INR Mn)
($Mn)*
Revenue 2% 3% 2% 3%
Share^
CAGR : 23.1%
CAGR 94.9% 115
95
69
25
Designing 1 3,901
Application FY21 FY22 FY23 9M'FY24
Porting
Services
Marquee Customers CAGR : 23.1%
Application Virtual
Migration Machine 911 1,121
Migration
1 NMDC 488

Data Centre 2019 2022 2023E 2029F

*Source: F&S Report; Note: 1FY21 was impacted due to COVID related disruptions; ^% share of FY23 revenue from operation
16 *Source: F&S Report; Note: 1:FY21 was impacted due to COVID related disruptions; ^% share of revenue from operation excludes other operating revenue
excludes other operating revenue
 Competitor Landscape
One of the few players in India who offers a full stack of product and solution suite with comprehensive capabilities in designing,
developing, implementing, and integrating high end computing solutions

Products NetApp Accenture

IBM Hewlett Red Hat Vmware HCL
and Netweb Packard
DELL ATOS NVIDIA Hitachi Tech
Solutions Technologies Lenovo Enterprise Nutanix Suse Cognizant
Data Systems Mahindra

HPC

Data Centre
Server

Enterprise
Storage
Systems

Private
Cloud and
HCI

AI Systems
& Enterprise
Workstation

Cloud
Managed V
Services

17 Source: F&S Report

Agenda

1 About Netweb Technologies

2 Key Investment Highlights

3 Growth Strategies

4 Annexures
 Key Investment Highlights

1 4
India’s leading Indian origin owned
Long standing relationship with a
and controlled OEM for HCS with
marquee and diverse
integrated design and manufacturing
customer base
capabilities

2 5
Operates in a rapidly evolving and
Track record of financial performance
technologically advanced
and consistent growth
industry with high entry barriers

3 6
Significant product development and Experienced Board & Senior
innovation through R&D Management Team

19 *Source: F&S Report

 1. India’s leading Indian origin owned and controlled OEM for HCS
with integrated design and manufacturing capabilities (1/2)
Full stack of product and solution suite with comprehensive
capabilities in designing, developing, implementing and integrating Deep Expertise in System Design & Architecture
HPC solutions

Pre-compiled application
stack
Proprietary designs are cloud native

End user utilities

Proprietary designs are capable of

catering to the evolving needs of
Proprietary middleware Customers
solutions

Providing End-to-End Solutions with Fully Integrated Design & Manufacturing Capabilities, now compliant with Make in India policy

Design Manufacture Deployment

Design proprietary hardware, Manufacturing facility capable of Deploy supercomputing
middleware stack and related producing 200+ server models, infrastructure to meet the
software solutions 50+ workstation models & 15+ rising computational demands
storage systems of customers
20
 1. India’s leading Indian origin owned and controlled OEM for HCS
with integrated design and manufacturing capabilities (2/2)

End-to-End Designing & Production of

Make-in-India Server

21
 2. Operates in a rapidly evolving and technologically advanced
industry with high entry barriers
Experience of installing 300+ HPC systems, 50+ private cloud & HCI, 4000+ accelerator/GPU based AI systems & enterprise workstations

1 2 3

Experience Setting up AI & deep learning Developing and building

Installations of High-
gained in labs at govt. institute, forensic Supercomputing systems such as
Performance Storage solution for
evolving workstation at GOI dept & Big AIRAWAT, Agastya, PARAM
a Fintech Company to deliver
projects Data computing lab at a govt. Ambar, PARAM YUVA-II and
450GBps throughput
institute Kabru

Continuous R&D in Technical Skillset

Our Manufacturing servers Supercomputing systems Kernel level Hardware product Fine-tuned PCB
design designs layouts
Capabilities
Containerized Application Mix workload Repository of
Solution Dense architectures
capabilities HPC-AI codes

Rapidity of technological advancement necessitates: Modification of designs and changes in

● Hardware, Middleware & Application-level implementation requires
Innovation ● Deep Expertise in system design & architecture
Industry Entry
● Application Optimization ● Expertise in Hardware & middleware
Barriers ● Track Record of Customer Service ● Exposure to large problem sets
● Fine tuning of Architectures ● Technical skill set & expertise

22
 3. Significant product development and innovation through R&D
Independently design and innovate products and solutions offerings and provide services tailored to specific customer requirements

The company’s R&D Facilities has enabled it to increase its product lines across different HCS offerings

Kubyts is a curated catalogue

of GPUs & CPUs accelerated
container applications &
images for deep learning
Skylus is a private cloud software, HPC applications and
solution with hyper-converged HPC visualization tools
capabilities i.e., combining
compute, storage, and Dual/ Multi processor server
network. i.e., ’Private Cloud &
HCI in box’ AI Systems and
Enterprise
Workstations A range of storage system
Private Cloud Data Centre which provides high-
and HCI Servers throughput storage

Tyrone Cluster Manager (TCM) is a

A parallel file system that assists
suite which assists in simplified
in meeting archival and storage
cluster development and cluster
requirements
management at HPC data centers
HPC /
HPS Solutions
Supercomputing
Range of Unified Storage
Systems
Solutions providing flexibility
and high performance
23
4. Long standing relationship with a marquee and diverse customer base

Revenue Breakdown by Industry^, 9M’FY24 Revenue^ from Repeat Customers Customer Concentration^

90.7% Top10 Top 5

6% Higher Education & 77.7%
Research 65.1%
58.7% 57.8%
20% 49.5% 47.1% 48.7%
38% IT & ITES
38.4%

Others

Space & Defence

36% FY22 FY23 9M'FY24 FY22 FY23 9M'FY24

Higher Education and

Research
IT & ITES
256
Repeat Customers (9M’FY24) 10.67%
associated for over 5.07 years using Customer Accretion CAGR*
Fiscal 2016 as the base

Space & Defence Others

3.36 years 124
Average top 10 customer age New clients onboarded across diverse
(9M’FY24) using Fiscal 2016 as base industries in the 9M’FY24

24 Note: *CAGR FY20 – 9M.FY24, period 3.75 years ; **9M’FY24 ^As a % of revenue from operations excludes other operating revenue
 5. Track record of financial performance and consistent growth

Operating Income (INR Mns) Gross Margin (INR Mns & % Margin) Op EBITDA (INR Mns & % Margin)

CAGR* CAGR*
CAGR* 81.5% 120.6%
4,450 4,582 27.1%
76.5% 25.4% 30.00% 15.7% 18.00%
25.7% 24.5% 14.0% 13.6% 16.00%
25.00% 14.00%
20.00% 10.1% 12.00%
2,470 1,165
10.00%
15.00% 8.00%
1,428 1,206 700
621
10.00% 6.00%
606 346 4.00%
366 5.00%
144 2.00%
0.00% 0.00%
FY21 FY22 FY23 9M'FY24 FY21 FY22 FY23 9M'FY24 FY21 FY22 FY23 9M'FY24

PAT (INR Mns & % Margin) Net Debt – Equity Ratio1 (in times) ROCE2 & ROE3

ROCE ROE
CAGR* 1.31
138.8% 10.6% 9.9% 12.00%
9.1% 67.9% 68.0%
10.00% 64.4%
0.73 46.4% 51.6%
8.00%
5.8% 469
6.00% 0.30 35.5%
462 32.1%
-0.05 25.3%
4.00%
225
2.00% FY21 FY22 FY23 9M'FY24
82
0.00%
FY21 FY22 FY23 9M'FY24 FY21 FY22 FY23 9M'FY24#

Note: 1Net Debt divided by equity; 2Earnings before interest and taxes expenses (EBIT) for the period/year divided by average capital employed
25 3Profit for the period/year divided by average Equity; * : CAGR for 2 year period FY21-Fy23 ; # Annualized
 6. Experienced Board and Senior Management Team (1/2)

Board of Directors

Sanjay Lodha Mrutyunjay Mahapatra

Chairman and Managing Director Independent Director
● Founded Netweb Technologies in 1996 which was acquired by our ● Has served as Deputy MD at SBI & MD and CEO of Syndicate Bank
Company in August 2016 ● 40+ years of experience in Banking and Finance Sector
● Been on Board of Advisors for Intel for the year 2020 and 2022 ● Holds Bachelors and Masters Degree in Physics
● BA (hons) in economics & PG diploma in business management

Navin Lodha Jasjeet Singh Bagla

Whole Time Director Independent Director
● Leads West Zone of company's sales and Marketing Dept ● Presently associated with IISER, Mohali
● 15 + years of experience in sales and marketing ● 23+ years of experience in Research and Academia
● Holds bachelors degree in commerce ● Holds Bachelors and Masters Degree in Science, PhD in Physics

Vivek Lodha Romi Jatta

Whole Time Director Independent Director.
● Leads East Zone of company's sales and Marketing Dept ● Presently Group Chief Procurement Officer at Minda
● 15 + years of experience in sales and marketing Corporation Ltd
● Holds bachelors degree in commerce ● 20+ years of Experience
● Holds Bachelors degree in Electronics Engineering

Niraj Lodha Vikas Modi

Whole Time Director Independent Director
● Leads South Zone of company's sales and Marketing Dept ● Partner in Doogar and Associates, a CA firm Since 2006
● 15 + years of experience in sales and marketing ● Holds a Bachelors Degree in commerce , CA with membership
● Holds bachelors degree in commerce from ICAI

26
 6. Experienced Board and Senior Management Team (2/2)

Senior Management – led by people with significant

Other Key Management Personnel
experience in HCS Industry

Hemant Agarwal Prawal Jain

Chief Operating Officer Chief Financial Officer and Chief Human Resource Officer
● 20+ years of experience with the company ● 24+ years of experience in Accountancy and Finance
● Holds a bachelors’ degree in commerce from the University ● Holds a bachelors degree in commerce and is a chartered
of Calcutta accountant

Hirdey Vikram Lohit Chhabra

Chief Sales and Marketing Officer Company Secretary and Compliance Officer
● 11+ years of Experience with the company ● 8+ years of experience in secretarial compliance
● Previously associated with HCL Infosystems Limited ● Holds a Bachelors degree in commerce and also holds a
● Holds a [Link] (Information Technology) certificate of membership from the Institute of Company
Secretaries of India

Mukesh Golla
Chief Research and Development Officer
● 19+ years of Experience with the company
● Holds a [Link] (Computer Science and Engineering)

27
Agenda

1 About Netweb Technologies

2 Key Investment Highlights

3 Growth Strategies

4 Annexures
 Growth Drivers
Opportunities to realize sustainable growth of the business

Strong Topline Visibility Enhanced Capabilties Expansion of Operations Expanding Product

Portfolio

To capitalize on emerging Increasing investments in Forayed into developing

opportunities, will establish Generative AI infra by Govt new product lines, viz.,
Pipeline#
SMT line within 3-6 months & Large enterprises to cater Network Switches and 5G
₹ 32,322 Mn
to demand for LLM related ORAN Appliances
Partnership with NVIDIA as a solutions
select manufacturing OEM for Introduced 5G cloud on
L1# latest Gen AI systems to Heavy adoption of Private core and edge for telecom
₹ 3,024 Mn unlock potential of AI and Cloud in the PSU Banks service providers
High-Performance computing
Increasing demand for HPC
in the Oil & Gas sector
Plan to introduce ARM based
Order Book
₹ 3,391 Mn servers, using RISC
Foray into Europe & Middle
architecture, optimized for
East – plan to setup service
newer AI workloads such as
network in 4 countries to
LLM
start with
# Pipeline excludes L1, L1 excludes Order Book, all figures are as on 31.12.23
ARM – Advanced RISC Machines; RISC – Reduced Instruction Set Computer
29 Source: F&S Report
Thank You

Chief Financial Officer Investor Relations Advisor

Prawal Jain Sanjeev Sancheti
Email: [Link]@[Link] Email: ir@[Link]
Website: [Link]

[Link]/ company/netweb-technologies/ [Link]/netwebtech

Agenda

1 About Netweb Technologies

2 Key Investment Highlights

3 Growth Strategies

4 Annexures
Annexure - Key Industry Drivers
 Growth in the Indian IT Industry
Upgrade to 5G, "Make in India" and PLI Schemes are some of the elements that will contribute to the expansion of Indian IT industry
Indian IT Market
GOI is expected to make strategic technological investments in the
Market Size in $ Bn below sectors which is expected to drive the India IT industry

372.7 Oil & Gas Automobile BFSI

Industry Industry Industry
225.0

Expected to grow with a CAGR of Expected to grow at ~8-10% Expected to grow at a

over 3% by FY 2027, as the GOI till 2027; driven by the use of CAGR of 27-30% till 2025;
plans to invest $ 102.49 Bn on HPC solutions such as AI helps banks to process
2023E 2029F oil and gas infrastructure; driven supercomputers and AI large volumes of data and
by the use of HPC solutions such predict the latest market
India IT market by computation type is segmented into HPC Systems, Workstations, other devices as supercomputers and AI in the trends, currencies, & stocks
infrastructure, software, IT business services, Emerging tech and telecom services areas like Seismic Data Analysis

‘Make in India’ Initiative Production Linked Incentive Upgrading network to 5G

‘Atmanirbhar Bharat Abhiyan’ (Self-reliant scheme technology
India) – To boost local manufacturing Scheme of ₹ 121,950 Mn over 5 years1 – Indian telecoms are looking at Open
of mobile phones and electronic Incentivise companies who will RAN as a potential way to reduce
components & to make India a global manufacture specified telecom and network-related expenses and
manufacturing hub
Factors driving networking products – Enterprise customize. Open RAN reduces reliance
Equipment such as Switch & Router on existing providers
IT
manufacturing China + 1 Strategy Increasing adoption of AI
Tech companies are slowly shifting production away from China - In Increasing usage of AI in various industries like telecommunication,
in India response to growing concerns about the geopolitical tensions & BFSI, automobile, oil & gas result in the expansion of Indian IT industry
pandemic-induced supply chain disruptions in the last few years

33 Source: F&S Report; Note: 1Implementation of the Scheme over a period of 5 years viz., FY 2021-22 to FY 2025-26
 HPC and Private Cloud & HCI Market

High-Performance Computing Market (HPC) Private Cloud and Hyperconverged Infrastructure (HCI) Market
Indian HPC Market ($ Mn) Indian Private Cloud & HCI Market ($ Mn)
CAGR : 9.3%
CAGR : 19.2%

CAGR : 9.3%
918.6 8,007.4
CAGR : 17.7%
492.9 538.8
377.5 2,796.8
1,454.2 2,369.2

2019 2022 2023E 2029F 2019 2022 2023E 2029F

Key Growth Drivers of HPC Market Key Growth Drivers of Private Cloud & HCI Market
● NSM was announced in 2015, to connect national academic and R&D institutions with ● Drop in usage of traditional data centre infrastructure, from 41% to 18% in two
a grid of more than 70 high-performance computing facilities. years as cloud usage accelerates
● Only 16.67% of the total budget of ₹4,500 is utilized in 4.5 years for execution of ● Private clouds offer the same control and security as traditional on-premises
NSM infrastructure and makes workload performance predictable

● In Nov 2022, EU & India signed an “Intent of cooperation on High Performance ● Military expects small deployable communications systems that allows them to
computing and Quantum Technologies” take their applications and data into the war field so that they can access them locally.
● HCI and private cloud will witness greater adoption in the India Telecom sector
● Increasing cloud-based monitoring will drive adoption of HPC with increasing investment in 5G.
● Increased usage of HPC products and services to drug discovery and healthcare; ● Unified management, and Automation Unified management promises to reduce
and Increasing investments in the Industrial Internet of Things (IIoT), artificial the number of tools needed to run IT infrastructure and cuts training requirements,
intelligence (AI), and engineering, which demand electronic design automation makes HCI easier to scale
(EDA)

34 Source: F&S Report

 AI Systems & Enterprise Workstations and Data Centre
Server Market
AI systems and Enterprise Workstations (AI & EW) Data Centre Server
Indian AI & EW Market ($ Mn) Indian Data Center Server Market ($ Mn)
CAGR : 27.8% CAGR : 5.0%

CAGR : 6.0%

1,456.4
4,563.5
CAGR : 17.7% 3,264.8 3,414.0
2,741.2

261.6 333.6
160.6

2019 2022 2023E 2029F 2019 2022 2023E 2029F

Key Growth Drivers of AI & EW Market Key Growth Drivers of Data Center Server
● GOI in the budget for Fiscal 2024 has announced that “for realizing the vision of ● Indian Data Centers to receive investments up to Rs.1.20 lakh crore, according
“Make AI in India and Make AI work for India”, three centres of excellence for to an article from the Economic Times 2022 and a whitepaper from ICRA
Artificial Intelligence will be set-up in top educational institutions

● Growing demand of GPUs in high-end gaming consoles & crypto currency mining ● Push for data localization to ensure 75% of the data remains within the country
market

● Increase in 3D animation, networking and graphics & digital content creation ● The Data Protection Bill, may lead to a significant onshoring of Indian citizen's
data from offshore data centers to Indian data centers.
● Aids in enhancing government payment schemes

● GPU is an integral part of the AI & EW in govt supercomputers

● China plus one Strategy and Make in India Initiatives of GOI promoting
● BFSI industry generates a lot of data that needs to be processed and examined growth
with the use of AI & EW.

35 Source: F&S Report

 Enterprise Storage and Cloud Managed Services Market

Enterprise Storage System Cloud Managed Services

Indian Enterprise Storage Market ($ Mn) Indian Cloud Managed Services (CMS) Market ($ Mn)

CAGR : 5.0% CAGR : 23.1%

CAGR : 0.4%

947.5 3,900.7
708.8 CAGR : 23.1%
670.2 677.8

910.6 1,121.0
488.2

2019 2022 2023E 2029F 2019 2022 2023E 2029F

Key Growth Drivers of Enterprise Storage Systems Market Key Growth Drivers of Cloud Managed Services Market
● Rising number of colocation data centers & increasing unstructured data ● Rising demand for cloud managed services for business continuity, increase in
generated from mobile computing devices need for business agility and automation

● Primary workloads for storage deployments in India that drove the market ● Faster and easier deployment of applications with pay-as-you-go model
growth included technology upgrades, ERP upgrades, surveillance, digital
transformation & 5G rollouts ● Increasing adoption of automated machine systems for e-prescriptions and
telemedicine.
● Enterprise storage has emerged as the most popular and effective way to store
digital data particularly for small and medium-sized businesses. ● Biotech & pharmaceutical companies are adopting digital solutions to optimize
drug development process
● The use of SSDs (Solid State Drives) over HDDs (Hard Disk Drives) has grown in
popularity across industries due primarily to their superior performance, increased ● National Government Cloud programme known as "MeghRaj" was unveiled by
durability, and cost-effective power efficiency the MeitY in 2020

36 Source: F&S Report