Anant Raj Ltd · ANANTRAJ
₹86 Cr
₹97 Cr
₹216 Cr
₹159 Cr
₹252 Cr
₹266 Cr
₹280 Cr
₹316 Cr
₹332 Cr
₹392 Cr
₹443 Cr
₹472 Cr
₹513 Cr
₹535 Cr
₹541 Cr
₹592 Cr
₹631 Cr
₹642 Cr
₹647 Cr
₹631 Cr
20-quarter listed-company comparison
Data Centre Stocks in India
Data Centre: Black Box Ltd owns the largest revenue base; E2E Networks Ltd has the fastest current growth.
01 · the index people search for
Nifty Data Centre Index — Constituents & Performance
The Data Centre companies below are the listed Indian Data Centre universe this page tracks — the same constituent set people search for as the Nifty Data Centre index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.
02 · the sector itself · before any single company
How has Data Centre moved against NIFTY 500?
The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this sector is 70% ahead of NIFTY 500. Earnings across its companies grew 18% on average over the last four reported quarters. It has been ahead of NIFTY 500 on a rolling three-month view for 26 weeks running.
LEADER · ahead 26w~Price and the fundamentals both up3 of 5 companies ahead of NIFTY 500 by 5% or more over three months
RS ↑26w · 4/5 >200d (+0) · 3/5 lead (−1) · EPS 3/5↑
Data Centre, equal-weighted, based at 200
NIFTY 500, same base, same start
trailing 12-month earnings per share rising
falling
Data Centre, equal-weighted, based at 200
NIFTY 500, same base, same start
trailing 12-month earnings per share rising
falling
Data Centre, equal-weighted, based at 200
NIFTY 500, same base, same start
trailing 12-month earnings per share rising
falling
Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of its 5 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.
03 · sector relative strength, before individual stocks
Is Data Centre outperforming NIFTY 500?
Data Centre has outperformed NIFTY 500 by 69.5% over the last 52 weeks. Over 13 weeks the gap is a lead of 20.4%. 4 of 5 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. E2E Networks Ltd is the strongest against the sector itself at +61.7%. Readings are as of 2026-08-09.
+20.4%Sector vs NIFTY 500 · 13 weeks
+69.5%Sector vs NIFTY 500 · 52 weeks
4/5Stocks leading NIFTY 500
1/5Stocks leading sector
Sector metric: 31.6 as of 2026-08-09 · LEADERS · rising.
The central tension: the companies with the most scale are not necessarily the companies creating the most change.
Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.
Bottom line
Data Centre has outperformed NIFTY 500 by 69.5% over 52 weeks and 20.4% over 13 weeks. 4 of 5 covered companies beat NIFTY on Mansfield relative strength, while 1 of 5 beat the sector itself. Black Box Ltd leads with revenue of ₹6,654 crore, based on 5 of 5 comparable companies through Jun 2026.
Companies
5
complete canonical membership
Combined market value
₹90.3K Cr
Netweb Technologies India Ltd
Revenue growing
5/5
positive TTM year-on-year growth
Beating NIFTY 500
4/5
positive Mansfield relative strength
Comparing 5 of 5
04 · research priority, made explicit
Best Data Centre Stocks in India (Aug 2026), Ranked by Data
4-Factor Sector Score
An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.
Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Netweb Technologies India Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 93% evidence confidence.
How this score is built, and what the marks mean
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Top 10 Data Centre Stocks in India
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Netweb Technologies India LtdNETWEB | 61.6/100Mixed-positive evidence93% evidence | LEADER | 29.1/35 Revenue 100% · PAT 100% · OPM change 0 pp 100% evidence | 18.1/25 ROCE 37.5% · OPM 15% 100% evidence | 4.3/20 P/E 109× · PEG 9.37 65% evidence | 10.1/20 RS sector -0.3% · RS bench 32.8% · 1Y 137.9%12 of 12 weeks ahead 100% evidence |
| Exact sum: 29.1 + 18.1 + 4.3 + 10.1 = 61.6 · Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression. | ||||||
| 2E2E Networks LtdE2E | 61.1/100Mixed-positive evidence84% evidence | LEADER | 20.4/35 Revenue 100% · PAT -10.2% · OPM change 46 pp 74% evidence | 8.6/25 ROCE 3.6% · OPM 75% 100% evidence | 12.1/20 P/E 440× · PEG 1.15 65% evidence | 20.0/20 RS sector 61.7% · RS bench 111% · 1Y 228.9%12 of 12 weeks ahead 100% evidence |
| Exact sum: 20.4 + 8.6 + 12.1 + 20 = 61.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 3Anant Raj LtdANANTRAJ | 56.3/100Mixed-positive evidence93% evidence | BREAKING OUT | 23.4/35 Revenue 17% · PAT 25.8% · OPM change 4 pp 100% evidence | 11.1/25 ROCE 12.1% · OPM 29% 100% evidence | 13.2/20 P/E 39.2× · PEG 1.22 65% evidence | 8.6/20 RS sector -18.1% · RS bench 11.3% · 1Y 18%10 of 12 weeks ahead 100% evidence |
| Exact sum: 23.4 + 11.1 + 13.2 + 8.6 = 56.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 4Techno Electric & Engineering Company LtdTECHNOE | 41.9/100Mixed-negative evidence94% evidence | ASLEEP | 13.7/35 Revenue 38.7% · PAT -6.5% · OPM change -2 pp 100% evidence | 11.6/25 ROCE 14.8% · OPM 16% 100% evidence | 12.1/20 P/E 26.1× · PEG 1.63 100% evidence | 4.5/20 RS sector -13.3% · RS bench -18.5% · 1Y -29.8%0 of 10 weeks ahead 70% evidence |
| Exact sum: 13.7 + 11.6 + 12.1 + 4.5 = 41.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 5Black Box LtdBBOX | 34.5/100Adverse evidence100% evidence | FADING | 8.5/35 Revenue 12.2% · PAT 6.1% · OPM change 1 pp 100% evidence | 14.8/25 ROCE 22.2% · OPM 9% 100% evidence | 4.9/20 P/E 49.5× · PEG 2.27 100% evidence | 6.3/20 RS sector -5.8% · RS bench 23.8% · 1Y 59.5%10 of 12 weeks ahead 100% evidence |
| Exact sum: 8.5 + 14.8 + 4.9 + 6.3 = 34.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
05 · what price has already done
Market action
E2E Networks Ltd has the strongest one-year price move in Data Centre at +228.9%. It also leads on Mansfield relative strength against NIFTY at +111%. 4 of 5 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-08-14.
Price and relative strength
Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.
How far ahead of or behind NIFTY 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS NIFTY 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.
The same measure taken against Data Centre itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.
06 · compare level, then change
Revenue Scale & Growth Durability
Black Box Ltd has the highest Revenue among the 5 Data Centre companies compared here, at ₹6,654 crore. Techno Electric & Engineering Company Ltd is next at ₹3,355 crore. E2E Networks Ltd has the highest Revenue growth at the 100% top of the scoring scale, so level and change sit with different companies.
What the numbers say: Black Box Ltd is the scale leader at ₹6,654 crore, 98.3% ahead of Techno Electric & Engineering Company Ltd. E2E Networks Ltd's growth is stored at the ≥100% scoring cap; the uncapped TTM change is 131.2% from a ₹367 crore base, with 20 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.
LeaderBlack Box Ltd · ₹6,654 crore
Gap98.3% versus #2 · Techno Electric & Engineering Company Ltd
Persistence5/8 recent comparable periods
Coverage5/5 companies · 96 observations
Investor read: Black Box Ltd is the scale benchmark; E2E Networks Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.
This conclusion weakens if: Black Box Ltd's growth falls below E2E Networks Ltd's for two consecutive comparable reports while operating margin also compresses.
Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
Revenue growthfastest growers
Revenue · company comparison
5/5 level · 5/5 change
On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.
All-company data · latest reported quarter
In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Revenue | Revenue growth | Reported |
|---|---|---|---|
| Black Box Ltd BBOX | ₹1.7K Cr | 24% | Jun 2026 |
| Netweb Technologies India Ltd NETWEB | ₹820 Cr | 172% | Jun 2026 |
| Anant Raj Ltd ANANTRAJ | ₹631 Cr | 6.6% | Jun 2026 |
| Techno Electric & Engineering Company Ltd TECHNOE | ₹630 Cr | 20% | Jun 2026 |
| E2E Networks Ltd E2E | ₹157 Cr | 336% | Jun 2026 |
Full 20-quarter history · every available company
Revenue · reported quarter history
Black Box Ltd · BBOX
₹1.3K Cr
₹1.4K Cr
₹1.4K Cr
₹1.4K Cr
₹1.6K Cr
₹1.7K Cr
₹1.7K Cr
₹1.6K Cr
₹1.6K Cr
₹1.7K Cr
₹1.5K Cr
₹1.4K Cr
₹1.5K Cr
₹1.5K Cr
₹1.5K Cr
₹1.4K Cr
₹1.6K Cr
₹1.7K Cr
₹1.7K Cr
₹1.7K Cr
E2E Networks Ltd · E2E
₹13 Cr
₹14 Cr
₹14 Cr
₹15 Cr
₹17 Cr
₹17 Cr
₹18 Cr
₹19 Cr
₹22 Cr
₹24 Cr
₹29 Cr
₹41 Cr
₹48 Cr
₹42 Cr
₹33 Cr
₹36 Cr
₹44 Cr
₹70 Cr
₹96 Cr
₹157 Cr
Netweb Technologies India Ltd · NETWEB
—
—
—
₹69 Cr
₹74 Cr
₹179 Cr
₹123 Cr
₹60 Cr
₹145 Cr
₹253 Cr
₹266 Cr
₹149 Cr
₹251 Cr
₹334 Cr
₹415 Cr
₹301 Cr
₹304 Cr
₹805 Cr
₹774 Cr
₹820 Cr
Techno Electric & Engineering Company Ltd · TECHNOE
₹274 Cr
₹303 Cr
—
₹173 Cr
₹228 Cr
₹185 Cr
₹313 Cr
₹274 Cr
₹462 Cr
₹327 Cr
₹440 Cr
₹375 Cr
₹441 Cr
₹636 Cr
₹816 Cr
₹526 Cr
₹843 Cr
₹872 Cr
₹1.0K Cr
₹630 Cr
Revenue growth · reported quarter history
Anant Raj Ltd · ANANTRAJ
—
—
—
156%
193%
174%
30%
99%
32%
47%
58%
49%
55%
36%
22%
25%
23%
20%
20%
6.6%
Black Box Ltd · BBOX
—
—
—
15%
16%
21%
17%
15%
0.8%
-1.0%
-12%
-9.4%
-4.9%
-9.2%
4.4%
-2.5%
5.9%
11%
9.5%
24%
E2E Networks Ltd · E2E
—
—
—
—
31%
21%
26%
30%
27%
42%
67%
112%
120%
74%
14%
-13%
-7.9%
68%
187%
336%
Netweb Technologies India Ltd · NETWEB
—
—
—
—
—
—
—
-13%
96%
41%
116%
148%
73%
32%
56%
102%
21%
141%
87%
172%
Techno Electric & Engineering Company Ltd · TECHNOE
—
—
—
-8.5%
-17%
-39%
—
58%
103%
77%
41%
37%
-4.6%
95%
85%
40%
91%
37%
24%
20%
07 · compare level, then change
Operating Economics & Margin Trend
E2E Networks Ltd has the highest OPM among the 5 Data Centre companies compared here, at 75%. Anant Raj Ltd is next at 29%. The same company also holds the highest Margin change, at +46 percentage points. 5 of 5 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: E2E Networks Ltd leads both opm at 75% and margin change at +46 percentage points.
LeaderE2E Networks Ltd · 75%
Gap158.6% versus #2 · Anant Raj Ltd
Persistence4/8 recent comparable periods
Coverage5/5 companies · 97 observations
Investor read: E2E Networks Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current margin change signal.
Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
Margin changefastest expanders
Operating margin · company comparison
5/5 level · 5/5 change
All-company data · latest reported quarter
| Company | OPM | Margin change | Reported |
|---|---|---|---|
| E2E Networks Ltd E2E | 75% | +46.0 pp | Jun 2026 |
| Anant Raj Ltd ANANTRAJ | 29% | +4.0 pp | Jun 2026 |
| Techno Electric & Engineering Company Ltd TECHNOE | 16% | −2.0 pp | Jun 2026 |
| Netweb Technologies India Ltd NETWEB | 15% | 0.0 pp | Jun 2026 |
| Black Box Ltd BBOX | 9.0% | +1.0 pp | Jun 2026 |
Full 20-quarter history · every available company
OPM · reported quarter history
Anant Raj Ltd · ANANTRAJ
23%
23%
12%
20%
15%
20%
26%
19%
24%
23%
24%
22%
22%
25%
26%
25%
27%
26%
26%
29%
Black Box Ltd · BBOX
4.1%
4.9%
5.5%
3.8%
3.0%
4.0%
6.0%
6.0%
6.0%
7.0%
8.0%
8.0%
9.0%
9.0%
9.0%
8.0%
9.0%
9.0%
10%
9.0%
E2E Networks Ltd · E2E
42%
49%
45%
48%
50%
50%
51%
53%
52%
47%
52%
66%
66%
59%
40%
29%
41%
57%
61%
75%
Netweb Technologies India Ltd · NETWEB
—
—
—
14%
18%
17%
12%
14%
13%
14%
15%
13%
14%
13%
14%
15%
15%
12%
12%
15%
Techno Electric & Engineering Company Ltd · TECHNOE
31%
14%
12%
15%
17%
13%
2.3%
8.0%
17%
17%
12%
14%
16%
14%
16%
18%
13%
14%
13%
16%
Margin change · reported quarter history
Anant Raj Ltd · ANANTRAJ
+5.0 pp
+10.1 pp
−6.3 pp
+6.4 pp
−7.6 pp
−3.2 pp
+14.4 pp
−1.1 pp
+8.7 pp
+3.0 pp
−2.0 pp
+3.0 pp
−2.0 pp
+2.0 pp
+2.0 pp
+3.0 pp
+5.0 pp
+1.0 pp
0.0 pp
+4.0 pp
Black Box Ltd · BBOX
−3.8 pp
−2.0 pp
−0.2 pp
−0.7 pp
−1.1 pp
−0.9 pp
+0.5 pp
+2.2 pp
+3.0 pp
+3.0 pp
+2.0 pp
+2.0 pp
+3.0 pp
+2.0 pp
+1.0 pp
0.0 pp
0.0 pp
0.0 pp
+1.0 pp
+1.0 pp
E2E Networks Ltd · E2E
+18.5 pp
—
+9.3 pp
+8.0 pp
+8.4 pp
+0.7 pp
+6.4 pp
+4.8 pp
+1.5 pp
−3.0 pp
+0.6 pp
+13.1 pp
+14.5 pp
+12.2 pp
−12.0 pp
−37.0 pp
−25.0 pp
−2.5 pp
+21.2 pp
+46.0 pp
Netweb Technologies India Ltd · NETWEB
—
—
—
—
—
—
—
+0.5 pp
−5.1 pp
−3.0 pp
+3.0 pp
−1.0 pp
+1.0 pp
−1.0 pp
−1.0 pp
+2.0 pp
+1.0 pp
−1.0 pp
−2.0 pp
0.0 pp
Techno Electric & Engineering Company Ltd · TECHNOE
+1.9 pp
−17.7 pp
+3.3 pp
−13.7 pp
−13.8 pp
−0.6 pp
−9.9 pp
−7.5 pp
−0.4 pp
+4.0 pp
+9.7 pp
+6.0 pp
−1.0 pp
−3.0 pp
+4.0 pp
+4.0 pp
−3.0 pp
0.0 pp
−3.0 pp
−2.0 pp
08 · compare level, then change
Profit Scale & Acceleration
Anant Raj Ltd has the highest Net profit among the 5 Data Centre companies compared here, at ₹580 crore. Techno Electric & Engineering Company Ltd is next at ₹431 crore. Netweb Technologies India Ltd has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.
What the numbers say: Anant Raj Ltd leads with ₹580 crore of TTM profit, 34.6% above Techno Electric & Engineering Company Ltd. Netweb Technologies India Ltd shows ≥100% on the scoring scale (101.5% uncapped) growth from a ₹260 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.
LeaderAnant Raj Ltd · ₹580 crore
Gap34.6% versus #2 · Techno Electric & Engineering Company Ltd
Persistence8/8 recent comparable periods
Coverage5/5 companies · 96 observations
Investor read: Anant Raj Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.
Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
Profit growthfastest growers
Net profit · company comparison
5/5 level · 4/5 change
All-company data · latest reported quarter
| Company | Net profit | Profit growth | Reported |
|---|---|---|---|
| Anant Raj Ltd ANANTRAJ | ₹149 Cr | 18% | Jun 2026 |
| Techno Electric & Engineering Company Ltd TECHNOE | ₹93 Cr | -32% | Jun 2026 |
| Netweb Technologies India Ltd NETWEB | ₹85 Cr | 183% | Jun 2026 |
| Black Box Ltd BBOX | ₹56 Cr | 19% | Jun 2026 |
| E2E Networks Ltd E2E | ₹44 Cr | -56% | Jun 2026 |
Full 20-quarter history · every available company
Net profit · reported quarter history
Anant Raj Ltd · ANANTRAJ
₹14 Cr
₹11 Cr
₹21 Cr
₹24 Cr
₹34 Cr
₹45 Cr
₹48 Cr
₹50 Cr
₹60 Cr
₹71 Cr
₹84 Cr
₹91 Cr
₹106 Cr
₹110 Cr
₹119 Cr
₹126 Cr
₹138 Cr
₹144 Cr
₹149 Cr
₹149 Cr
Black Box Ltd · BBOX
₹11 Cr
₹15 Cr
₹16 Cr
₹15 Cr
₹-23 Cr
₹8 Cr
₹23 Cr
₹24 Cr
₹32 Cr
₹41 Cr
₹41 Cr
₹37 Cr
₹51 Cr
₹56 Cr
₹60 Cr
₹47 Cr
₹56 Cr
₹50 Cr
₹65 Cr
₹56 Cr
E2E Networks Ltd · E2E
₹1 Cr
₹2 Cr
₹2 Cr
₹3 Cr
₹3 Cr
₹2 Cr
₹3 Cr
₹7 Cr
₹6 Cr
₹6 Cr
₹4 Cr
₹10 Cr
₹12 Cr
₹12 Cr
₹14 Cr
₹-3 Cr
₹-13 Cr
₹-6 Cr
₹6 Cr
₹44 Cr
Netweb Technologies India Ltd · NETWEB
—
—
—
₹6 Cr
₹9 Cr
₹22 Cr
₹11 Cr
₹5 Cr
₹15 Cr
₹26 Cr
₹30 Cr
₹15 Cr
₹26 Cr
₹30 Cr
₹43 Cr
₹30 Cr
₹31 Cr
₹73 Cr
₹71 Cr
₹85 Cr
Techno Electric & Engineering Company Ltd · TECHNOE
₹65 Cr
₹115 Cr
—
₹36 Cr
₹59 Cr
₹31 Cr
₹61 Cr
₹25 Cr
₹74 Cr
₹92 Cr
₹78 Cr
₹98 Cr
₹94 Cr
₹96 Cr
₹135 Cr
₹136 Cr
₹104 Cr
₹119 Cr
₹115 Cr
₹93 Cr
Profit growth · reported quarter history
Anant Raj Ltd · ANANTRAJ
—
—
—
243%
143%
309%
129%
108%
76%
58%
75%
82%
77%
55%
42%
38%
30%
31%
25%
18%
Black Box Ltd · BBOX
—
—
—
-52%
-309%
-47%
44%
60%
—
413%
78%
54%
59%
37%
46%
27%
9.8%
-11%
8.3%
19%
E2E Networks Ltd · E2E
—
—
—
—
200%
9.5%
27%
132%
93%
155%
40%
45%
110%
108%
286%
-130%
-211%
-149%
-56%
—
Netweb Technologies India Ltd · NETWEB
—
—
—
—
—
—
—
-17%
67%
18%
173%
200%
73%
15%
43%
100%
19%
143%
65%
183%
Techno Electric & Engineering Company Ltd · TECHNOE
—
—
—
-23%
-9.2%
-73%
—
-31%
25%
197%
28%
292%
27%
4.4%
73%
39%
11%
24%
-15%
-32%
09 · compare level, then change
Return On Capital Employed
Netweb Technologies India Ltd has the highest ROCE among the 5 Data Centre companies compared here, at 37.5%. Black Box Ltd is next at 22.2%. The same company also holds the highest ROCE change, at +9.3 percentage points. 5 of 5 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: Netweb Technologies India Ltd leads ROCE at 37.5%, 15.3 percentage points above Black Box Ltd. Netweb Technologies India Ltd has the strongest latest improvement at +9.3 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.
LeaderNetweb Technologies India Ltd · 37.5%
Gap68.9% versus #2 · Black Box Ltd
Persistence6/8 recent comparable periods
Coverage5/5 companies · 72 observations
Investor read: Netweb Technologies India Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current roce change signal.
ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
ROCE changefastest improvers
Return on capital · company comparison
5/5 level · 5/5 change
All-company data · latest reported quarter
| Company | ROCE | ROCE change | Reported |
|---|---|---|---|
| Netweb Technologies India Ltd NETWEB | 37% | +9.3 pp | Jun 2026 |
| Black Box Ltd BBOX | 17% | −7.4 pp | Jun 2026 |
| Techno Electric & Engineering Company Ltd TECHNOE | 9.6% | +1.5 pp | Jun 2026 |
| Anant Raj Ltd ANANTRAJ | 9.3% | −0.4 pp | Jun 2026 |
| E2E Networks Ltd E2E | 3.6% | −2.5 pp | Jun 2026 |
Full 20-quarter history · every available company
ROCE · reported quarter history
Anant Raj Ltd · ANANTRAJ
1.0%
—
1.6%
—
2.7%
—
4.5%
—
6.2%
8.2%
7.2%
9.4%
8.7%
11%
9.7%
12%
11%
14%
9.3%
—
Black Box Ltd · BBOX
30%
—
22%
—
16%
—
17%
—
24%
27%
26%
29%
28%
28%
25%
25%
20%
22%
17%
—
E2E Networks Ltd · E2E
3.9%
—
14%
—
21%
—
24%
—
28%
45%
16%
33%
7.9%
18%
2.2%
6.1%
-2.3%
-0.1%
-2.4%
3.6%
Netweb Technologies India Ltd · NETWEB
—
—
—
—
—
—
61%
—
18%
21%
22%
45%
26%
33%
27%
37%
31%
46%
37%
—
Techno Electric & Engineering Company Ltd · TECHNOE
10%
—
—
—
5.7%
—
5.7%
—
5.5%
15%
8.9%
18%
5.9%
15%
8.1%
18%
9.3%
16%
9.6%
—
ROCE change · reported quarter history
Anant Raj Ltd · ANANTRAJ
—
—
—
—
+1.7 pp
—
+2.9 pp
—
+3.5 pp
—
+2.7 pp
—
+2.5 pp
+2.9 pp
+2.5 pp
+2.6 pp
+2.7 pp
+2.5 pp
−0.4 pp
—
Black Box Ltd · BBOX
—
—
—
—
−14.6 pp
—
−4.4 pp
—
+8.3 pp
—
+8.2 pp
—
+3.8 pp
+1.1 pp
−0.7 pp
−4.2 pp
−7.6 pp
−5.9 pp
−7.4 pp
—
E2E Networks Ltd · E2E
—
—
—
—
+17.5 pp
—
+9.7 pp
—
+6.6 pp
—
−7.6 pp
—
−20.1 pp
−27.6 pp
−14.1 pp
−27.2 pp
−10.2 pp
−17.8 pp
−4.6 pp
−2.5 pp
Netweb Technologies India Ltd · NETWEB
—
—
—
—
—
—
—
—
—
—
−38.9 pp
—
+7.9 pp
+12.1 pp
+5.2 pp
−8.4 pp
+4.3 pp
+13.1 pp
+9.3 pp
—
Techno Electric & Engineering Company Ltd · TECHNOE
—
—
—
—
−4.7 pp
—
—
—
−0.2 pp
—
+3.2 pp
—
+0.4 pp
−0.3 pp
−0.8 pp
0.0 pp
+3.4 pp
+1.0 pp
+1.5 pp
—
10 · compare level, then change
Valuation Against Growth & Quality
E2E Networks Ltd has the lowest PEG among the 5 Data Centre companies compared here, at 1.15×. Anant Raj Ltd is next at 1.22×. Techno Electric & Engineering Company Ltd has the lowest P/E at 26.1×, so level and change sit with different companies. 5 of 5 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: E2E Networks Ltd has the lowest comparable PEG at 1.15×, 5.7% below Anant Raj Ltd. Only 5 of 5 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.
LeaderE2E Networks Ltd · 1.15×
Gap5.7% versus #2 · Anant Raj Ltd
Persistence1/8 recent comparable periods
Coverage5/5 companies · 32 observations
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/e signal.
PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.
PEGlowest PEG
P/Elowest P/E
Valuation · company comparison
5/5 level · 5/5 change
All-company data · latest reported quarter
| Company | PEG | P/E | Reported |
|---|---|---|---|
| Netweb Technologies India Ltd NETWEB | 9.4 | 136.8 | Jun 2026 |
| Black Box Ltd BBOX | 2.3 | 61.9 | Jun 2026 |
| Techno Electric & Engineering Company Ltd TECHNOE | 1.6 | 28.2 | Jun 2026 |
| Anant Raj Ltd ANANTRAJ | 1.2 | 33.1 | Jun 2026 |
| E2E Networks Ltd E2E | 1.2 | 255.9 | Jun 2026 |
Full 20-quarter history · every available company
PEG · reported quarter history
Anant Raj Ltd · ANANTRAJ
—
—
—
—
—
—
—
—
—
—
—
—
—
—
1.0
0.8
1.0
1.0
1.3
1.2
Black Box Ltd · BBOX
—
—
—
—
—
—
—
0.7
—
—
—
—
—
—
0.6
0.6
0.7
1.5
2.3
—
E2E Networks Ltd · E2E
—
—
—
—
—
—
1.1
—
—
—
—
2.4
—
—
1.2
—
—
—
—
—
Netweb Technologies India Ltd · NETWEB
—
—
—
—
—
—
—
—
0.3
2.3
—
—
—
—
—
2.1
5.8
9.4
—
—
Techno Electric & Engineering Company Ltd · TECHNOE
0.8
0.8
—
0.2
0.4
0.6
—
—
—
—
0.8
—
—
—
0.7
1.6
1.0
0.9
0.6
1.6
P/E · reported quarter history
Anant Raj Ltd · ANANTRAJ
77.2
60.4
44.8
27.5
38.8
36.9
30.2
37.6
39.7
46.5
43.5
54.3
80.0
80.3
43.6
44.6
50.6
38.6
28.9
33.1
Black Box Ltd · BBOX
26.0
28.4
33.6
25.0
30.5
42.2
36.5
35.0
40.9
37.4
22.8
34.2
44.6
49.5
25.4
31.7
30.6
34.4
28.9
61.9
E2E Networks Ltd · E2E
38.1
30.1
26.8
24.7
30.5
29.4
25.8
16.9
33.2
45.6
59.3
99.9
143.7
156.6
64.6
—
—
—
-265.5
255.9
Netweb Technologies India Ltd · NETWEB
—
—
—
—
—
—
—
—
14.4
26.9
154.7
191.1
166.4
158.8
84.7
101.2
183.6
156.4
158.0
136.8
Techno Electric & Engineering Company Ltd · TECHNOE
15.3
14.9
10.8
11.1
11.5
16.2
27.7
42.2
54.5
62.3
41.8
61.7
59.2
54.2
35.2
48.4
34.1
28.3
25.6
28.2
11 · before the conclusion, check the blind spots
What can make this comparison misleading?
This Data Centre comparison names 4 specific ways its own evidence can mislead, all listed below. All 5 companies here report on comparable dates, so no rank carries a stale marker. A high growth rate can still be a low-base artefact.
Keep these limits visible
- A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
- A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
- The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
- An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
12 · evidence and freshness
How was this comparison built?
This comparison is built from the reported filings of 5 Data Centre companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-08-14. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.
FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-08-14 · weekly price and relative-strength history
Derived metricsGrowth, changes and PEG are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Source standing5 cross-checked · 0 unverified · 0 withheld, of 5 graded companies.
How a second data feed is admitted, and what happens when it disagrees
A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from.
13 · questions investors ask, short speakable answers
Data Centre company comparison FAQs
These 24 answers restate the Data Centre comparison above in question form. Every one is computed from the same 5 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-08-14. Nothing here is estimated, and none of it is a recommendation.
Is the Data Centre sector outperforming NIFTY 500?
Data Centre has outperformed NIFTY 500 by 69.5% over 52 weeks and 20.4% over 13 weeks. 4 of 5 covered companies beat NIFTY on Mansfield relative strength, while 1 of 5 beat the sector itself.
Which Data Centre company is largest by revenue?
Black Box Ltd leads with revenue of ₹6,654 crore, based on 5 of 5 comparable companies through Jun 2026.
Which Data Centre company is growing fastest?
E2E Networks Ltd has the fastest current revenue growth at 100%, across 5 of 5 comparable companies.
Which Data Centre company has the strongest 4-Factor Sector Score?
Netweb Technologies India Ltd ranks first at 61.6/100 with 93% evidence confidence. The score prioritizes research; it is not a buy recommendation.
Which Data Centre company has the lowest comparable PEG?
E2E Networks Ltd has the lowest comparable PEG at 1.15, among 5 of 5 companies whose earnings and growth are steady enough for the ratio to mean anything.
How much history does this Data Centre comparison include?
The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.
How is the 4-Factor Sector Score calculated?
The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.
Is there a Nifty Data Centre index?
NSE India maintains Nifty indices for several broad sector categories — Nifty Bank, Nifty IT, Nifty Pharma and others — but not for every sub-sector grouping on this site. Whether or not an official Nifty index covers Data Centre, this page builds its own equal-weight basket of 5 listed Data Centre companies — one company, one vote, regardless of market value — so no single large company dominates the reading. Figures are as of Jun 2026.
Which are the best Data Centre stocks in India?
Ranked by this page's four-factor score, Netweb Technologies India Ltd places first among 5 listed Data Centre companies, followed by E2E Networks Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.
How many Data Centre stocks are listed in India?
This comparison covers 5 listed Data Centre companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.
Which Data Centre company is the biggest?
Black Box Ltd is the largest, with trailing-twelve-month revenue of ₹6,654 crore, ahead of Techno Electric & Engineering Company Ltd at ₹3,355 crore. That covers 5 of 5 companies with comparable reporting through Jun 2026.
Which Data Centre company has the best profit margins?
E2E Networks Ltd has the highest operating margin at 75%, from 5 of 5 comparable companies. E2E Networks Ltd shows the biggest improvement (+46 percentage points — see the chart above for the starting level). A high margin matters most when it is holding or rising, not when it is peaking.
Which Data Centre company makes the most profit?
Anant Raj Ltd earns the most, at ₹580 crore of trailing-twelve-month net profit, from 5 of 5 comparable companies. Netweb Technologies India Ltd has the fastest profit growth at the ≥100% scoring cap, though growth off a small or recovering profit base overstates how much has actually changed.
Which Data Centre company earns the highest return on capital?
Netweb Technologies India Ltd leads on return on capital employed at 37.5%, across 5 of 5 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.
Which Data Centre stock is the cheapest?
On PEG — where a LOWER number is cheaper — E2E Networks Ltd screens cheapest at 1.15×. All 5 companies qualify for the ratio comparison. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.
Is the Data Centre sector beating the market?
Data Centre has outperformed NIFTY 500 by 69.5% over the last 52 weeks and 20.4% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 4 of 5 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.
Which Data Centre stock has the strongest price momentum?
E2E Networks Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.
Which Data Centre company scores highest for research priority?
Netweb Technologies India Ltd scores 61.6 out of 100 with 93% evidence confidence, from 29.1 points on growth and earnings, 18.1 on capital efficiency, 4.3 on valuation and 10.1 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.
How many Data Centre companies does this comparison cover, and over what period?
It compares 5 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.
What is the total market cap of the Data Centre sector?
The 5 Data Centre companies on this page carry ₹90,283 crore of combined market value. Netweb Technologies India Ltd is the largest at ₹28,511 crore, about 32% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-18.
What is the Data Centre sector's P/E ratio?
The median price-to-earnings ratio across the 5 Data Centre companies on this page is 49.5×, measured on the 5 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-08-18.
How is the Data Centre sector performing?
4 of the 5 covered Data Centre companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 69.5% ahead of NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-18.
Why are some values on this page blank?
A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.
Is this investment advice?
No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.