E2E Networks Ltd

NSE: E2E

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]

₹3,070

52W: ₹1834 — ₹3895

PE 0 · Book ₹820 · +274% vs book

Market Cap₹6,311 Cr

Stock P/E—Price to Earnings

ROCE0.51%Return on Capital

ROE0.95%Return on Equity

Div. Yield0%Face Value ₹10

Strengths

+Company is almost debt free.
+Company is expected to give good quarter
+Company's median sales growth is 38.8% of last 10 years

Weaknesses

−Stock is trading at 3.61 times its book value
−Company has low interest coverage ratio.
−Promoter holding has decreased over last quarter: -0.85%
−Company has a low return on equity of 2.12% over last 3 years.

Shareholding Pattern

Promoters39.45%

FIIs0.91%

DIIs6.58%

Public52.98%

Category	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Promoters	59.66%	51.56%▼8.1	43.83%▼7.7	43.6%▼0.2	40.61%▼3.0	40.35%▼0.3	40.3%▼0.1	39.45%▼0.8
FIIs	1.28%	3.39%▲2.1	3.04%▼0.4	3.82%▲0.8	2.97%▼0.8	2.48%▼0.5	0.97%▼1.5	0.91%▼0.1
DIIs	4.31%	4.11%▼0.2	3.67%▼0.4	3.8%▲0.1	3.48%▼0.3	4.07%▲0.6	5.57%▲1.5	6.58%▲1.0
Public	34.6%	40.83%▲6.2	49.41%▲8.6	48.65%▼0.8	52.85%▲4.2	52.52%▼0.3	53.07%▲0.5	52.98%▼0.1

Financial Statements

Metric	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales	23.95	29.41	41.33	47.55	41.6	33.48	36.11	43.8	70.02	95.64
Expenses	12.71	14.16	14.06	16.11	16.99	20.14	25.6	25.79	30.37	37.54
Operating Profit	11.24	15.25	27.27	31.44	24.61	13.34	10.51	18.01	39.65	58.1
OPM %	46.93%	51.85%	65.98%	66.12%	59.16%	39.84%	29.11%	41.12%	56.63%	60.75%
Net Profit	5.58	3.53	10.14	12.15	11.59	13.61	-2.84	-13.46	-5.7	6.44
EPS ₹	3.85	2.44	7	7.2	5.83	6.82	-1.42	-6.69	-2.83	3.13

AI Insights

Revenue Trend

Mar 2026 revenue at ₹246Cr, up 50% YoY. OPM at 51%.

Debt Position

Borrowings at ₹159Cr. Debt-to-equity ratio: 0.10x. Healthy balance sheet.

Capex Cycle

CWIP at ₹533Cr (51% of fixed assets). Significant capex underway — growth runway building.

Institutional Flow

DIIs: 6.58% (-6.41pp change). FIIs: 0.91% (-0.75pp change). Promoters hold 39.45%.

Margin & Efficiency

ROCE declining from 0% (Mar 2015) to -1% (Mar 2026). Working capital days: -391.