E2E Networks Limited — Investor Meet, 14-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

E2E Networks reported Q2FY26 revenue of Rs.43.8 Cr (+21% QoQ) and EBITDA margin of 41% (from 29%), with a net loss of Rs.13.5 Cr due to depreciation. The company reaffirmed its FY26 monthly run rate guidance of Rs.35-40 Cr, bolstered by Rs.265 Cr in IndiaAI Mission orders, expected to go live soon.

To meet robust demand, E2E plans to acquire ~2,048 Blackwell (B200) GPUs, possibly up to 4,096 by March, leveraging a Rs.450 Cr debt facility. Current GPU utilization (35-40%) is targeted to reach 80-90% by March. Management emphasizes prudent, aggressive capacity expansion, commitment to sovereign Open-Source technology, and benefiting from the Jarvis Labs acquisition. The outlook is confident on growth.