+
E2E Networks Wins Rs 10 bn NVIDIA Blackwell Cloud GPU Deal
ECONOMY & POLICY

E2E Networks Wins Rs 10 bn NVIDIA Blackwell Cloud GPU Deal

E2E Networks secured a long term order from a sovereign AI firm for NVIDIA Blackwell cloud GPUs and allied services worth Rs 10 billion (Rs 10 bn) and expected to run until June 2029. The company informed investors via a regulatory filing and said its promoters and promoter group entities have no interest in the entity awarding the contract and that the transaction does not constitute a related party deal. The order has drawn investor attention amid broader market interest in AI infrastructure.

In Q1 FY27 revenue was Rs 1,568 million (Rs 1,568 mn), up 334 per cent year on year and up 64 per cent quarter on quarter, driven by the go live of the B200 cluster, improved utilisation of its flagship GPUs and the continued scale up of the TIR AI/ML platform. EBITDA was Rs 1,179 million (Rs 1,179 mn) and the EBITDA margin expanded to 75.2 per cent, rising 1,446 basis points sequentially and 4,609 basis points year on year. Net profit stood at Rs 439 million (Rs 439 mn) with a PAT margin of 28 per cent compared with 6.7 per cent in the prior quarter.

The company implemented a ten to one stock split and a direct listing on the BSE Mainboard during the quarter, and the stock will be added to the MSCI Global Small Cap Index in the latest review where 14 companies were added and 19 removed. The shares have risen 173 per cent over the last one year to a current market price of Rs 619 and have delivered a five year return of 12,631 per cent. An investment of Rs 100,000 made five years ago would have grown to about Rs 12.5 million based on the stated five year return, excluding the effect of the split.

Market observers will watch capacity additions and utilisation trends closely. The firm remains positioned to supply large scale AI workloads.

E2E Networks secured a long term order from a sovereign AI firm for NVIDIA Blackwell cloud GPUs and allied services worth Rs 10 billion (Rs 10 bn) and expected to run until June 2029. The company informed investors via a regulatory filing and said its promoters and promoter group entities have no interest in the entity awarding the contract and that the transaction does not constitute a related party deal. The order has drawn investor attention amid broader market interest in AI infrastructure. In Q1 FY27 revenue was Rs 1,568 million (Rs 1,568 mn), up 334 per cent year on year and up 64 per cent quarter on quarter, driven by the go live of the B200 cluster, improved utilisation of its flagship GPUs and the continued scale up of the TIR AI/ML platform. EBITDA was Rs 1,179 million (Rs 1,179 mn) and the EBITDA margin expanded to 75.2 per cent, rising 1,446 basis points sequentially and 4,609 basis points year on year. Net profit stood at Rs 439 million (Rs 439 mn) with a PAT margin of 28 per cent compared with 6.7 per cent in the prior quarter. The company implemented a ten to one stock split and a direct listing on the BSE Mainboard during the quarter, and the stock will be added to the MSCI Global Small Cap Index in the latest review where 14 companies were added and 19 removed. The shares have risen 173 per cent over the last one year to a current market price of Rs 619 and have delivered a five year return of 12,631 per cent. An investment of Rs 100,000 made five years ago would have grown to about Rs 12.5 million based on the stated five year return, excluding the effect of the split. Market observers will watch capacity additions and utilisation trends closely. The firm remains positioned to supply large scale AI workloads.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code