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Indian cloud computing company providing GPU-based cloud infrastructure for AI/ML workloads and general cloud hosting.
Indian cloud computing company providing GPU-based cloud infrastructure for AI/ML workloads and general cloud hosting.
In one line: India's smaller CoreWeave for GPU cloud computing.
Moat: none (installed base). Early mover in India's GPU cloud niche, but faces well-funded global hyperscaler competition.
Headquarters: New Delhi, India · Founded: 2009 · Employees: 213
Size E2E Networks (E2E.NS) is an India Information Technology company (Information Technology Services) with a market value of $1.06B, the 576th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹487.05 on 6 Nov 2026.
Performance Over six months the shares gained 48.6%, against +4.4% for the median peer and 0.0% for the India market (cap-weighted) — 6th highest of 21 in its peer set.
Growth Revenue grew 252.4% over the last twelve months (peer median +4.5%); the operating margin is 28.1% (peer median 0.4%).
Valuation It trades at 60.1× forward earnings against a peer median of 16.5× (3rd most expensive of 13).
Capital Return on invested capital runs 8.0 points below its cost of capital (15.3% WACC).
Next results Next results expected around 3 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹5.46B | ₹2.46B | ₹1.64B | ₹945M | ₹662M |
| Revenue growth | — | +50% | +74% | +43% | — |
| Gross profit | ₹1.75B | -₹270M | ₹498M | ₹409M | ₹167M |
| EBITDA | ₹3.87B | ₹1.27B | ₹974M | ₹482M | ₹331M |
| Net income | ₹1.17B | -₹156M | ₹475M | ₹219M | ₹99.1M |
| Free cash flow | n/a | -₹11.2B | -₹123M | -₹1.04B | ₹170M |
| Capital expenditure | n/a | ₹12.6B | ₹1.26B | ₹1.46B | ₹189M |
| Total debt | ₹4.97B | ₹1.59B | ₹730M | ₹1.44B | ₹58.9M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| E2E Networks E2E.NS | $1.06B | +49% | +252% | 28% | 60.1× | n/a |
| Microsoft MSFT | $3.94T | +28% | +18% | 47% | 25.5× | 17.2% |
| Alphabet Inc. (Class A) GOOGL | $3.47T | -29% | +22% | 33% | 20.5× | 18.5% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | E2E.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -32.7% | +0.8% | 2nd lowest of 21 |
| 6-month return | +48.6% | +4.4% | 6th highest of 21 |
| Distance from 52-week high | -36.3% | -31.0% | 11th highest of 21 |
| Revenue growth (TTM) | +252.4% | +4.5% | highest of 21 |
| Operating margin | 28.1% | 0.4% | highest of 21 |
| Forward P/E | 60.1× | 16.5× | 3rd most expensive of 13 |
| ROIC minus cost of capital | -8.0 pp | -4.6 pp | 9th lowest of 20 |
| EV / EBITDA | 25.3× | 10.1× | most expensive of 9 |
| Net debt / EBITDA | -0.6× | -1.5× | 4th most indebted of 9 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| E2E Networks E2E.NS | India | $1.06B | +49% | +252% | 28% | 60.1× | n/a | n/a |
| Wonders Information 300168.SZ | China | $1.05B | -16% | +3% | -17% | 487.0× | 51.6% | -7.6% |
| Grid Dynamics GDYN | United States | $1.05B | +88% | +7% | 4% | 21.8× | 27.8% | +29.9% |
| China Reform Health Management & Services 000503.SZ | China | $1.03B | -11% | +6% | -45% | n/a | n/a | n/a |
| Systena 2317.T | Japan | $1.02B | +4% | +6% | 16% | 14.5× | -10.9% | +9.2% |
| Northsand,Inc 446A.T | Japan | $1.11B | +99% | +60% | 21% | 26.0× | 2.3% | n/a |
| Nagarro NA9.DE | Germany | $1.12B | +78% | +1% | 8% | 16.9× | 3.8% | +18.4% |
| Shenzhen Das Intellitech 002421.SZ | China | $996M | +5% | -17% | -17% | n/a | 14.8% | -8.8% |
| Rapid7 RPD | United States | $989M | +113% | 0% | 2% | 7.7× | 21.4% | +15.9% |
| DTS 9682.T | Japan | $1.14B | +14% | 0% | 12% | 15.5× | -9.1% | +8.4% |
| Shanghai Ganglian E-Commerce 300226.SZ | China | $979M | -21% | +1% | 0% | 19.9× | 6.1% | +3.9% |
| Strait Innovation Internet 300300.SZ | China | $964M | -23% | -8% | -66% | n/a | n/a | n/a |
| Nanjing Sciyon Wisdom Technology 002380.SZ | China | $957M | -22% | +7% | 12% | 16.2× | 11.3% | +17.4% |
| 4DMedical 4DX.AX | Australia | $952M | -33% | +21% | -814% | n/a | n/a | n/a |
| Insigma Technology 600797.SS | China | $943M | -28% | -13% | 0% | n/a | 20.0% | -2.9% |
| Asseco South Eastern Europe ASE.WA | Poland | $940M | +20% | +7% | 16% | 16.0× | -0.9% | +11.9% |
| Shanghai Fengyuzhu Culture Technology 603466.SS | China | $1.21B | +40% | -23% | -4% | 74.3× | n/a | n/a |
| Tanla Platforms TANLA.NS | India | $915M | +14% | +18% | 14% | 14.6× | 15.0% | +13.5% |
| Taiji Computer 002368.SZ | China | $1.24B | -23% | -37% | -27% | n/a | 4.1% | -1.8% |
| ArcherMind Technology 300598.SZ | China | $906M | -24% | +7% | -5% | n/a | n/a | n/a |
| Zhejiang Whyis Technology 301218.SZ | China | $1.27B | +147% | +23% | -15% | n/a | n/a | n/a |