E2E Networks Limited
NSE: E2E · IT Enabled Services · sector
₹594.35NSE close 2026-10-26
Key numbers
Market cap₹12,218 cr
Price₹594.35
52w high / low₹765 / ₹183
P/E104.0xSector median 20.1x
P/B6.8xSector median 1.6x
Book value₹87.8
Dividend yield–Sector median 0.70%
ROE6.9%Sector median 8.4%
ROCE8.2%Sector median 11.3%
OPM70.9%Sector median 9.6%
Debt / equity0.25xSector median 0.03x
EV/EBITDA30.8xSector median 10.8x
Interest cover6.5x
Current ratio2.72x
Sales growth 3y+54.8%Sector median +11.0%
Profit growth 3y–Sector median +16.6%
PEG0.09x
Last 12 months to Sep 2026, Consolidated. "Sector median" = middle value of 91 companies in IT Enabled Services (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹366 cr vs borrowings ₹159 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 6.5x in the last 12 months.
- No promoter shares are pledged.
- Promoter holding fell by 0.91 percentage points in a year, to 39.40% (2026-09-30).
- Operating cash flow was below net profit in 0 of the last 5 years.
- Net loss in 3 of the last 8 quarters.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 27% of net profit in the last 12 months.
- Debtor days went from 10 (FY24) to 25 (FY26).
- No dividend in the last 5 financial years.
- Price ₹594.35 on 2026-10-26: -22.3% from the 52-week high, +224.1% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹704.60 · low ₹378.80
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 42 | 33 | 36 | 44 | 70 | 96 | 157 | 224 |
| EBITDA | 25 | 13 | 11 | 18 | 40 | 58 | 118 | 171 |
| OPM % | 59.1% | 39.8% | 29.1% | 41.1% | 56.6% | 60.7% | 75.2% | 76.6% |
| Other income | 13 | 25 | 15 | 8 | 5 | 5 | 11 | 10 |
| Net profit | 12 | 14 | -3 | -13 | -6 | 6 | 44 | 73 |
| EPS (₹) | 0.73 | 0.81 | -0.14 | -0.68 | -0.29 | 0.32 | 2.14 | 3.54 |
| Revenue YoY | +68.3% | +185.7% | +334.1% | +410.9% | ||||
| Profit YoY | -149.2% | -52.7% | – | – |
Consolidated figures where filed. Latest quarter Sep 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 52 | 66 | 94 | 164 | 246 | 546 |
| EBITDA | 23 | 33 | 48 | 97 | 126 | 387 |
| Net profit | 6 | 10 | 22 | 47 | -16 | 117 |
| EPS (₹) | 0.45 | 0.69 | 1.51 | 2.83 | -0.78 | 5.72 |
| Revenue growth | +27.6% | +42.7% | +73.6% | +49.8% | +252.4% | |
| Profit growth | +53.6% | +120.7% | +117.1% | -132.8% | +1,217.7% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +54.8% | – | +252.4% |
| Net profit | – | – | +1,217.7% |
| EPS | – | – | – |
| Share price | – | +28.3% (2y) | +96.1% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 49 | 71 | 1,593 | 1,685 |
| Borrowings | – | 1 | 103 | 73 | 159 |
| Cash & equivalents | – | 22 | 9 | 1,357 | 366 |
| Total assets | – | 68 | 255 | 2,581 | 2,328 |
| Fixed assets | – | 28 | 198 | 374 | 1,019 |
| Capital work in progress | – | 0 | 0 | 636 | 533 |
| Investments | – | 0 | 0 | 0 | 44 |
| Receivables | – | 1 | 3 | 10 | 17 |
| Inventory | – | 0 | 0 | 0 | 0 |
| Payables | – | 2 | 6 | 7 | 13 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 26 | 36 | 43 | 88 | 122 |
| Cash from investing | -19 | -21 | -144 | -983 | -429 |
| Cash from financing | -2 | -2 | 92 | 1,350 | 165 |
| Capex | 21 | 19 | 146 | 126 | 1,262 |
| Free cash flow | 4 | 17 | -103 | -37 | -1,140 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 20.1% | 30.9% | 3.0% | -0.9% |
| ROCE % | – | 27.4% | 19.4% | 4.6% | -0.5% |
| Debtor days | – | 3 | 10 | 22 | 25 |
| Inventory days | – | 0 | 0 | 0 | 0 |
| Payable days | – | 53 | 109 | 86 | 70 |
| Cash conversion cycle (days) | – | -50 | -99 | -64 | -45 |
| Working capital days | – | 66 | -72 | 1,414 | 153 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 39.40% |
| FIIs | 2.53% |
| DIIs | 5.64% |
| of which Mutual funds | 2.80% |
| of which Insurance | 0.00% |
| Public (non-institutions) | 52.38% |
| Quarter | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Feb 2026 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 43.60% | 40.61% | 40.31% | 40.30% | 39.45% | 39.45% | 39.45% | 39.40% |
| Promoter group | % |
|---|---|
| Tarun Dua | 36.31% |
| Suchinta Baweja | 1.43% |
| Shailly Dua | 1.42% |
| Megha Raheja | 0.09% |
| Himanshu Baweja | 0.09% |
| Srishti | 0.07% |
| Manju Dua | 0.00% |
| Manjit Rai Dua | 0.00% |
| Lekh Raj Baweja | 0.00% |
| Sayesha Dua | 0.00% |
| Public holders above 1% | % |
|---|---|
| Larsen And Toubro Limited | 16.57% |
| Bandhan Small Cap Fund | 2.23% |
| Mukesh Kumar Raheja | 2.05% |
| Freeman Cameron Murray | 1.41% |
| Shalu Aggarwal | 1.03% |
1,15,125 shareholders. Pledged: 0.00% of promoter shares.
Peers in IT Enabled Services
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| LTTS | ₹42,777 cr | 27.8x | 6.0x | 23.2% | 26.8% | 17.8% | +11.1% | 1.39% |
| IKS | ₹28,359 cr | 36.4x | 10.1x | 33.3% | 30.2% | 34.3% | – | – |
| TATATECH | ₹27,242 cr | 48.4x | 7.1x | 15.2% | 18.1% | 13.9% | – | 1.75% |
| NETWEB | ₹24,404 cr | 93.4x | 33.7x | 41.6% | 37.4% | 13.3% | – | 0.05% |
| SAGILITY | ₹20,823 cr | 21.0x | 2.1x | 11.0% | 13.1% | 23.6% | – | 0.11% |
| AFFLE | ₹18,518 cr | 38.7x | 5.1x | 14.5% | 16.1% | 22.5% | +23.6% | – |
| BBOX | ₹14,137 cr | 60.6x | 11.0x | 22.1% | 20.2% | 8.2% | +0.2% | 0.12% |
| CYIENT | ₹13,821 cr | 36.3x | 2.4x | 6.9% | 11.6% | 11.2% | +6.5% | 2.38% |
| ESDS | ₹12,988 cr | – | – | – | – | – | – | – |
| E2E | ₹12,218 cr | 104.0x | 6.8x | 6.9% | 8.2% | 70.9% | +54.8% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-06-05 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share |
| 2023-09-22 | Other | Annual General Meeting |
| 2022-08-12 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Information & Communication: Information service activities
| Sector | Information Technology |
| Industry | IT Enabled Services |
| Sub-industry | IT Enabled Services |
| Symbol | E2E |
| BSE code | 544783 |
| ISIN | INE255Z01027 |
| Face value | ₹1.0 |
| Incorporated | 2009-08-20 |
| Website | www.e2enetworks.com |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.