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E2E · Q1 FY27 · investor presentation

E2E

E2E Networks reported strong financial performance in Q1 FY27, with revenue up 334.3% YoY and EBITDA margin at 75.2%. The company emphasized its role as a sovereign AI infrastructure provider in India, expanding GPU capacity and strengthening leadership.

herofinancialssegmentstakeawaysquote

Key financials

Revenue₹157 crore+334.3% YoY
EBITDA₹118 crore+64.0% QoQ
PAT₹43.9 crore+28.0% Margin
Exit MRR (Jun-26)₹71.8 crore

Segment commentary

AI Infrastructure

E2E is expanding its GPU capacity with NVIDIA B200 GPUs, enabling large-scale AI training and inference.

Leadership Team

Alok Ohrie, former President & MD of Dell Technologies India, has joined as a Strategic Advisor.

Guidance & outlook

  • Continued expansion of AI infrastructure capacity.
  • Strengthening leadership team to support growth.

Notable quotes

“E2E is building sovereign compute at home for India’s AI future.”— Ronit

Key takeaways

  • E2E Networks is a key player in India's sovereign AI infrastructure with strong financial growth.
  • Expansion of GPU capacity and strategic leadership additions support future growth.
  • The company faces risks related to high capital expenditures and competitive pressures.

Risks flagged

  • High capex required for GPU infrastructure expansion.
  • Competition from hyperscale providers and other neocloud players.
Educational analysis only. Not investment advice. Consult a SEBI-registered advisor before investing. Source: https://nsearchives.nseindia.com/corporate/E2E_21072026164810_21072026E2E_Networks_-_Investor_Presentation_-_Q1_FY27.pdf
Full transcript (2,073 words)
E2E Networks Limited CIN- L72900DL2009PLC341980 Uppal's Genesis A-32, Block B, Mohan Cooperative Industrial Estate, Badarpur, New Delhi 110044, Phone No. +91-11-4084-4964 Email: cs@e2enetworks.com, Website https://www.e2enetworks.com/ Date: July 21, 2026 To, To, National Stock Exchange of India Ltd. (‘NSE’) The Manager- Listing Exchange Plaza, 5th Floor, BSE Limited, Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra - Kurla Complex, Bandra (E), Mumbai – Dalal Street, Mumbai- 400 001 400 051, Maharashtra, India Maharashtra, India (Script Symbol: E2E) (Scrip Code: 544783) Sub: Investor Presentation of E2E Networks Limited (“the Company”) Dear Sir/Ma’am, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Investor Presentation of the Company. The aforesaid presentation is also accessible on the Company’s website at https://www.e2enetworks.com . This is for your information and records. Yours faithfully, For E2E Networks Limited Ronit Company Secretary & Compliance Officer Membership No.: A59215 Encl.: As above Q1 FY27 Investor Presentation July 21, 2026 1 Safe Harbour Statement This presentation has been prepared by E2E Networks Limited ("the Company") solely for information purposes and does not constitute an offer, invitation, solicitation or recommendation to purchase or subscribe for any securities, nor should it form the basis of, or be relied upon in connectionwith, any investment decision, contract or commitment. Certain statements contained in this presentation, including those relating to the Company's future business prospects, growth strategy, AI infrastructure capacity expansion, cloud platform capabilities, subsidiary operations, financial performance, capital allocation, and industry outlook, are forward-looking statements. These statements are based on management's current expectations, assumptions and estimates and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements. These factors include, but are not limited to, changes in economic and market conditions, demand for AI and cloud infrastructure services, competitive dynamics, technology advancements, availability and pricing of GPU infrastructure, execution of expansion plans, customer adoption, regulatory developments, cybersecurity risks, access to capital, and other risks beyond the Company's control. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required under applicable law. Past performance should not be regarded as an indicator of future performance. 2 Who We Are India’s Sovereign Provider of Advanced Cloud GPUs 16+ 5100 years of operational approx. cloud GPUs live at excellence Q1 FY27 exit 3 A Structurally Undersupplied Market, Compounding Fast GPU demand for AI training and inference continues to outstrip hyperscale capacity — pulling capital into purpose-built neocloud providers worldwide US$6.7T Global Neocloud Market Revenue Global data center capital expenditure needed by 2030 (US$ Billions) —~70% driven by AI workloads $400B Source: McKinsey & Company, "The cost of compute" (Apr 2025) 100+ Neocloud / GPU-cloud providers active globally today —a highly fragmented, fast-growing category $180B Source: DriveNets; Thunder Compute (2026) $25B 80% share of neocloud market revenue expected to come 2025 (Actual) 2030 (Forecast) 2031 (Forecast) from AI inference by 2030 Source: Synergy Research Group (2026) Source: ABI Research, "The State of Neocloud" (2026) 4 Sovereign AI Is Now National Infrastructure Data as of July 2026 Governments and enterprises are reclassifying AI as strategic national infrastructure — sovereignty is now about who controls the models, data and compute, not where they run. US$1.5T US$6.7T 20% 250,000+ Estimated global sovereign-AI infrastructure opportunity this decade Global data-centre capex needed by Neocloud/GPU-cloud share of the US$267B GPUs South Korea committed in a single 2030, ~70% driven by AI AI-cloud market by 2030 2026 sovereign-AI deal with NVIDIA Oppenheimer research estimate, 2025 McKinsey, 2025 Gartner, Jun 2026 NVIDIA, 2026 India Is Building Sovereign Capacity at Scale ~$30 bn 8.33 GW India’s total data-centre pipeline —over 5×today’s ~1.6 GW live capacity Investment underpinning India’s data-centre capacity build-out Knight Frank India, Jun 2026 Industry reports, 2026 38,000+ GPUs Chennai · Mumbai IndiaAIMission Mumbai (3.75 GW) and Chennai (1.36 GW) anchor India’s AI capacity PIB / MeitY, Govt. of India, 2026 Knight Frank India, 2026 AI infrastructure is being reclassified —by governments and enterprises alike —from a procurable utility into a strategic national asset. India’s 8 GW+ build-out is bringing sovereign compute within reach, and E2E Networks is building it at home. Disclaimer: All third-party figures and any references to companies or individuals are drawn from publicly available sources andare shown for industry context only. Their inclusion does not imply any endorsement of, affiliation with, or association withE2E Networks Limited. Data is indicative and should be independently verified. 5 Built in India, for India’s AI Future. Engineering Owned, Not Rented Since 2009 — India’s first NSE-listed cloud provider; GPU cloud since 2018. Full stack, in-house — 100+ engineers build our compute, networking, orchestration & AI software. Own AI platforms — two in-house platforms: TIR (training, fine-tuning, RAG & model endpoints) and Jarvislabs.ai (developer friendly GPU cloud). Sovereign compute — nearly 3,000 Hopper GPUs deployed, now scaling NVIDIA Blackwell installations. Built for India — 5,100+ GPUs live, powering the IndiaAI Mission’s foundational models. 6 INTEGRATED AI PLATFORM & MONETIZATION MODELS AI INFRASTRUCTURE Public Platforms – TIR & Jarvislabs.ai Training, fine-tuning & inference for LLM builders and → NVIDIA GPUs (Hopper Blackwell) in Delhi AI-native teams at cluster scale NCR & Chennai DCs GO-TO-MARKET Sovereign / Private Platform Self-serve portal + enterprise sales + partners + E2E’s own cloud software deployed for regulated & government empanelment data-residency-bound customers 7 TIR AI/ML Platform From notebook to production AI — build, fine-tune, deploy & scale GPU Notebooks Foundation Studio GPU-backed Jupyter Fine-tune Llama, Gemma & notebooks, frameworks Stable Diffusion models preloaded RAG Pipelines Model Endpoints Upload a knowledge base, Inference APIs via vLLM, launch a chatbot in minutes SGLang, Triton or PyTorch Datasets & Training Any Model, One API Managed datasets, model Call any model via an repo & distributed training OpenAI-compatible endpoint 8 8 8 Jarvislabs.ai — Developer First GPU Cloud Spin up GPUs in seconds from CLI or code — an E2E Platform since December 2025 Instant GPU CLI, SDK & Pause & Resume Per-Minute Billing Instances Templates Launch H100, H200, A100 Pause an instance to pay Pay only for the minutes and RTX Pro 6000 GPUs on only for storage —and you compute, with no Manage the full instance demand, in seconds. switch GPU type when you commitments or lock-in. lifecycle from terminal or resume. Python, with framework templates and persistent storage. Jarvislabs.ai: the developer-first GPU cloud — an E2E Platform since Dec 2025. 9 The Growth Story | Capacity meets Demand TODAY ON THE ROADMAP IN DEPLOYMENT Hopper & Blackwell Blackwell scale-up B300 / Vera Rubin GPUs ~5100 GPUs live, 1024+ B200s planned Next-generation Compute (including 1024 B200) planning underway GPU Trajectory 5,100 3,900 1,900 FY25 FY26 FY27Q1 10 Board with Founders, Finance and Tech Experience Tarun Dua Srishti Baweja Megha Raheja Gaurav Munjal Chairman, Independent Director Managing Director Whole-Time Director Whole-Time Director Co-founder; 23+ yrs in open CA; 20 yrs in finance & CA; 22+ yrs in IT/ITES & telecom, IIT Bombay; MD of Infollion source, virtualization & cloud; compliance; built the finance accounting, treasury, M&A. Research; Technology + HR on- director since inception. function from early stage. demand space. Sonu Gosain Soni Karthik Reddy Bezawada Shrimati Ambastha Prashant ChiranjiveJain Non-Executive Non-Independent Non-Executive Non-Independent Independent Director Independent Director Director Director IIM Bangalore; business strategy, Co-founder & Managing Partner, CEO, L&T-Cloudfiniti DC business; Ex-MD GE Power India; 30+ yrs revenue enhancement, key Blume Ventures (~$650M AUM). 33 yrs across Oracle, VMware, NTT. across energy, oil & gas, IT accounts. consulting. 911 Leadership Team Nitin Jain Mohammed Imran Bakshish Dutta Ronit Company Secretary and Chief Financial Officer Chief Technology Officer Chief Business Officer Compliance Officer Two decades of global Cloud & networking depth; open- Growth-focused SaaS sales 8+ years of experience in corporate finance leadership; large- source (FOSS) champion; leads leader with a strong track record governance, compliance and strategic scale business platform engineering. of scaling businesses across advisory, with expertise in regulatory transformation. India and SAARC. matters. Alok Ohrie Former President & MD, Dell Technologies India (2013–25); 35+ years in IT. Chairman, ASSOCHAM National Council of Electronics Manufacturing; Super Mentor, Govt. of India’s Atal Innovation Mission. Strategic Advisor 12 What’s new this Quarter @E2E | Q1 FY27 SovCloud Advisory and Stock Split & B200 1024 LIVE Incorporated as Leadership Team BSE Listing WOS Strengthened Executed a 10:1 stock split Expanded AI infrastructure Deploying large-scale GPU Alok Ohrie — former and listed E2E equity with NVIDIA B200 GPU infrastructure and President & MD, Dell shares on BSE in addition clusters, enabling large- enabling funding Technologies India (30+ to NSE — together scale AI training and arrangements to years in enterprise tech & broadening the investor inference. accelerate AI infrastructure GTM) — joins as Strategic base for retail and expansion. Advisor. Further senior institutional participation. leadership hires across business and technology functions. 13 The Quarter’s Scoreboard | Q1 FY27 Revenue EBITDA PAT Exit MRR (Jun-26) INR 1568 Mn INR 1179 Mn INR 439 Mn INR 718 Mn +334.3% YoY | +64.0% QoQ 75.2% Margin 28.0% Margin vs ₹374 Mn (Mar-26) PAT & PAT Margins EBITDA & EBITDA Margins 75% 1200 90% 40% 500 28% 30% 1000 61% 70% 400 57% 20% 800 300 7% 41% 1179 50% 439 10% 200 600 29% 581 -8% -8% 0% 397 30% 100 64 -10% 400 0 -28 -20% 180 10% -31% 200 -57 105 -100 -30% -135 0 -10% -200 -40% Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 EBITDA (INR Mn) EBITDA Margin % PAT (INR Mn) PAT Margin % 14 Financial Highlights Capex (In Mn) 8700 6962 1853 177 249 350 FY22 FY23 FY24 FY25 FY26 Q1FY27 # FY26 includes CWIP of INR 5,334 Mn for GPU’s, deployed in May 2026. Raised Funds through Preferential issue of Equity shares (In Mn) Period Fund raised Utilized till FY26 Utilized in Q1’FY27 Balance funds Q2’25 4,056.56 3,555.05 501.51 0.00 Q3’25 10,792.78 10,021.98 468.26 302.54 Q4'26 1,070.00 27.61 18.14 1,024.25 Total 15,919.34 13,604.64 987.91 1,326.79 14 Sixteen Quarters of Compounding Run-Rate Monthly Revenue Run-rate (INR Mn), 14.1× → Jun-22 Jun-26 MRR growth in four years (₹51 Mn → ₹ 718 Mn) 718 374 280 165 160 145 145 75.2% 109 113 112 85 51 56 58 61 68 72 Q1 FY27 EBITDA margin Jun-22 Sep-22 Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 Mar-26 Jun-26 17 Q1FY27 Financial Performance Particulars (INR Mn) Q1FY27 Q1FY26 Y-o-Y% Q4FY26 Q-o-Q% Operational Revenue 1,568 361 334.3% 956 64.0% Total expenses 389 256 51.9% 375 3.7% EBITDA 1,179 105 1022.8% 581 102.9% EBITDA Margin % 75.2% 29.1% 4610 bps 60.7% 1450 bps Other Income 114 150 (24.0)% 55 107.3% Depreciation 606 274 121.2% 513 18.1% Finance Cost 101 18 449.0% 37 173.0% PBT 586 (37) 1683.8% 86 581.4% Tax 147 (9) 1733.3% 21 600.0% PAT 439 (28) 1667.9% 65 575.4% PAT Margin % 28.0% (7.9)% 3590 bps 6.7% 2130 bps Basic EPS 2.14 (0.14) 1628.6% 0.32 568.8% Diluted EPS 2.10 (0.14) 1600.0% 0.32 556.3% 18 Yearly Trends | Income Statement Particulars (INR Million) FY26 FY25 FY24 FY23 Operational Revenue 2,456 1640 945 662 Total Expenses 1,193 673 466 331 EBITDA 1,263 967 479 331 EBITDA Margin % 51.4% 59.0% 50.6% 50.0% Other Income 340 394 16 8 Depreciation & Amortization Expense 1,693 601 157 201 Finance Cost 122 132 36 5 PBT (212) 628 302 132 Tax Expenses (56) 153 84 33 PAT (156) 475 219 99 PAT Margin % (6.3)% 29.0% 23.2% 14.9% 19 Yearly Trends | Balance Sheet Particulars (In INR Million) Mar-26 Mar-25 Mar-24 EQUITY AND LIABILITIES Equity share capital 206 200 145 Other equity 16,645 15,728 564 Borrowings 1,032 114 1,031 Lease liability 559 616 410 Other Non-Current liabilities 197 245 93 Other Current liabilities 4,643 8,904 309 TOTAL EQUITY AND LIABILITIES 23,282 25,807 2,552 ASSETS Property, plant and equipment 14,966 9,471 1,558 Intangible Assets 167 149 122 Right of Use Asset 557 635 424 Non-Current Financial Assets and tax assets 1,506 66 63 Current Financial assets 3,982 13,702 153 Other current assets 2,104 1,784 232 TOTAL ASSETS 23,282 25,807 2,552 20 THANK YOU For further queries, please contact: Company Secretary & Compliance Officer investors@e2enetworks.com Tel No: +91–11–4113 3905 Investor Relations Advisors Adfactors PR Pvt. Ltd. Snighter Albuquerque snighter.a@adfactorspr.com Mobile: +91 9819123804 Vanessa Fernandes vanessa.fernandes@adfactorspr.com Mobile: +91 9773355200 20