7 months ago

Indian Mid-Caps Benefit from AI Boom

Indian Mid-Caps Benefit from AI Boom
Not Reliance, not Adani: The 2 Indian mid-caps “quietly” minting money from the AI boom · financialexpress.com

Two Indian companies, Netweb and Anant Raj, are making a lot of money from the growing demand for AI and data storage.

Netweb makes high-end computer systems for AI, and Anant Raj is turning its real estate into data centers.

The Indian government is also helping by pushing for more AI use, which means these companies have a lot of work ahead.

Netweb is growing fast but is expensive to invest in, while Anant Raj is more stable but growing slower.

Both companies are important for India's future in technology.

Key facts

Netweb Revenue Growth
92% year-on-year to ₹1,410 crore in 9MFY26
Netweb EBITDA Margin
13.4% in 9MFY26
Netweb Order Book
₹1,734 crore (strategic) + ₹526 crore (organic)
Anant Raj Revenue Growth
23% year-on-year to ₹1,865 crore in 9MFY26
Anant Raj EBITDA Margin
27.7% in 9MFY26
Anant Raj Data Center Roadmap
357 MW by 2032
Netweb AI Systems Revenue
48% of total revenue in 9MFY26
Anant Raj Cloud Revenue Potential
₹12 crore per MW/month

Sources

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