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E2E Networks share price today

E2E Networks Ltd · NSE: E2E · Data Centre · price as of the 4 November 2026 close, updated every trading day · results updated weekly · research updated 16 October 2026

E2E Networks share price today: ₹519.35 at the NSE close on 4 November 2026, up 68.8% in a year. E2E Networks (NSE: E2E) is worth ₹10,685 crore, trades at a P/E of 91.1 and has closed between ₹202.75 and ₹704.60 over the past 52 weeks. Latest change: best operating margin in 16 quarters.

Turning aroundBusiness trend from the last 12 quarters
₹519.35Price +68.8% in a year
91.1×P/E higher than 62% of the last 8.4 years
₹224 CrRevenue (Sep 2026) +409.1% on a year ago
₹73.0 CrProfit (Sep 2026)
77.0%Operating margin +36.0 points on a year ago
−1%ROCE FY26
7.5%ROIC against a 12.0% cost of capital: −4.5 points

E2E Networks Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.

The main question: the share price moved +68.8% in a year while yearly earnings per share moved −131.9%. The difference came from the market paying a higher multiple.

The price has been rising for 26 weeks, and the P/E is higher than 62% of its own last 8.4 years. Over the last four quarters, results have been improving, and 211% of the last 3 years' profit came in as cash. What will decide it: whether earnings grow into a price that has already moved.

E2E Networks is one of the companies compared in a full read in the Sector Alpha newsletter.

What is the E2E Networks share price today?

E2E Networks Ltd's share price was ₹519.35 at the close on 4 November 2026. It has been rising for 26 weeks. That is 11.9% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹203 and ₹705, and at that close it sat 63% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today E2E Networks Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 2 weeks running.

1Y

Nov 2026: ₹519, 11.9% above its 200-day average. The price has been rising for 26 weeks.

  • Price ₹519
  • 50-day avg ₹611
  • 200-day avg ₹464
Nov 2026: ₹519, 11.9% above its 200-day average. The price has been rising for 26 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025₹309₹305₹273
7 Nov 2025₹308₹305₹275
14 Nov 2025₹265₹302₹275
21 Nov 2025₹248₹294₹274
28 Nov 2025₹226₹282₹272
5 Dec 2025₹212₹271₹270
12 Dec 2025₹210₹260₹267
19 Dec 2025₹206₹250₹264
26 Dec 2025₹205₹244₹262
2 Jan 2026₹203₹235₹258
9 Jan 2026₹204₹230₹256
16 Jan 2026₹223₹226₹254
23 Jan 2026₹203₹224₹252
1 Feb 2026₹230₹222₹250
6 Feb 2026₹250₹226₹250
13 Feb 2026₹249₹232₹250
20 Feb 2026₹288₹240₹251
27 Feb 2026₹257₹243₹252
6 Mar 2026₹231₹242₹251
13 Mar 2026₹230₹240₹250
20 Mar 2026₹226₹238₹249
27 Mar 2026₹214₹235₹248
2 Apr 2026₹225₹232₹247
10 Apr 2026₹245₹234₹246
17 Apr 2026₹281₹238₹247
24 Apr 2026₹290₹247₹249
30 Apr 2026₹288₹254₹251
8 May 2026₹343₹265₹254
15 May 2026₹312₹277₹258
22 May 2026₹358₹287₹261
29 May 2026₹392₹302₹266
4 Jun 2026₹431₹320₹272
5 Jun 2026₹453₹325₹274
9 Jun 2026₹409₹332₹277
10 Jun 2026₹388₹334₹278
12 Jun 2026₹386₹338₹280
17 Jun 2026₹386₹343₹283
19 Jun 2026₹426₹348₹286
24 Jun 2026₹418₹358₹290
25 Jun 2026₹412₹360₹291
1 Jul 2026₹403₹364₹294
3 Jul 2026₹382₹366₹296
10 Jul 2026₹398₹369₹301
17 Jul 2026₹405₹376₹306
24 Jul 2026₹517₹393₹314
31 Jul 2026₹517₹415₹323
7 Aug 2026₹575₹444₹336
14 Aug 2026₹667₹479₹350
21 Aug 2026₹622₹509₹365
28 Aug 2026₹616₹527₹377
4 Sep 2026₹602₹542₹388
11 Sep 2026₹610₹555₹399
18 Sep 2026₹608₹561₹407
25 Sep 2026₹652₹573₹418
28 Sep 2026₹630₹576₹420
1 Oct 2026₹648₹584₹426
9 Oct 2026₹705₹605₹440
16 Oct 2026₹695₹626₹454
23 Oct 2026₹566₹624₹460
30 Oct 2026₹520₹611₹464
4 Nov 2026₹519₹611₹464
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: ₹519, 11.9% above its 200-day average. The price has been rising for 26 weeks.

  • Price ₹519
  • 50-day avg ₹611
  • 200-day avg ₹464
Nov 2026: ₹519, 11.9% above its 200-day average. The price has been rising for 26 weeks.
WeekPrice50-day avg200-day avg
3 Nov 2023₹51₹42₹28
12 Nov 2023₹52₹44₹30
17 Nov 2023₹63₹46₹31
24 Nov 2023₹69₹50₹33
1 Dec 2023₹69₹53₹34
8 Dec 2023₹62₹55₹36
15 Dec 2023₹66₹56₹37
22 Dec 2023₹63₹58₹38
29 Dec 2023₹66₹58₹39
5 Jan 2024₹84₹62₹41
12 Jan 2024₹84₹66₹43
20 Jan 2024₹84₹70₹46
25 Jan 2024₹81₹71₹47
2 Feb 2024₹84₹73₹48
9 Feb 2024₹80₹75₹50
16 Feb 2024₹80₹75₹51
23 Feb 2024₹101₹79₹53
2 Mar 2024₹99₹84₹56
7 Mar 2024₹92₹86₹58
15 Mar 2024₹83₹86₹59
22 Mar 2024₹85₹85₹60
28 Mar 2024₹90₹85₹61
5 Apr 2024₹99₹87₹63
12 Apr 2024₹100₹89₹64
19 Apr 2024₹100₹91₹66
26 Apr 2024₹116₹95₹68
3 May 2024₹113₹97₹70
10 May 2024₹107₹100₹72
18 May 2024₹102₹101₹74
24 May 2024₹102₹101₹75
31 May 2024₹130₹104₹77
7 Jun 2024₹167₹113₹81
14 Jun 2024₹174₹126₹86
21 Jun 2024₹181₹134₹89
28 Jun 2024₹173₹141₹94
5 Jul 2024₹169₹145₹97
12 Jul 2024₹151₹148₹100
19 Jul 2024₹178₹151₹103
26 Jul 2024₹175₹155₹106
2 Aug 2024₹174₹159₹109
9 Aug 2024₹170₹160₹112
16 Aug 2024₹206₹165₹115
23 Aug 2024₹253₹178₹121
30 Aug 2024₹245₹191₹127
6 Sep 2024₹275₹202₹134
13 Sep 2024₹278₹216₹141
20 Sep 2024₹289₹227₹147
27 Sep 2024₹321₹244₹156
4 Oct 2024₹309₹254₹162
11 Oct 2024₹319₹262₹169
18 Oct 2024₹383₹280₹178
25 Oct 2024₹354₹294₹187
1 Nov 2024₹451₹316₹198
8 Nov 2024₹512₹351₹213
14 Nov 2024₹441₹368₹223
22 Nov 2024₹441₹380₹232
29 Nov 2024₹444₹391₹242
6 Dec 2024₹430₹399₹251
13 Dec 2024₹429₹404₹260
20 Dec 2024₹393₹405₹267
27 Dec 2024₹383₹403₹272
3 Jan 2025₹410₹404₹279
10 Jan 2025₹415₹407₹286
17 Jan 2025₹382₹404₹291
24 Jan 2025₹331₹396₹294
1 Feb 2025₹244₹371₹293
7 Feb 2025₹230₹345₹290
14 Feb 2025₹204₹321₹286
21 Feb 2025₹219₹301₹283
28 Feb 2025₹181₹285₹279
7 Mar 2025₹192₹269₹275
13 Mar 2025₹181₹256₹271
21 Mar 2025₹219₹246₹268
28 Mar 2025₹212₹241₹266
4 Apr 2025₹195₹235₹263
11 Apr 2025₹190₹228₹260
17 Apr 2025₹190₹224₹258
25 Apr 2025₹220₹220₹255
2 May 2025₹252₹223₹255
9 May 2025₹267₹231₹255
16 May 2025₹282₹241₹257
23 May 2025₹300₹249₹258
30 May 2025₹287₹256₹260
6 Jun 2025₹273₹260₹261
13 Jun 2025₹262₹261₹261
20 Jun 2025₹251₹260₹261
27 Jun 2025₹262₹259₹260
4 Jul 2025₹251₹259₹260
11 Jul 2025₹250₹258₹260
18 Jul 2025₹242₹255₹259
25 Jul 2025₹214₹251₹258
1 Aug 2025₹207₹243₹255
8 Aug 2025₹203₹237₹253
14 Aug 2025₹206₹232₹251
22 Aug 2025₹234₹231₹250
29 Aug 2025₹230₹232₹249
5 Sep 2025₹290₹237₹250
12 Sep 2025₹308₹251₹253
19 Sep 2025₹304₹260₹255
26 Sep 2025₹345₹273₹259
3 Oct 2025₹353₹282₹262
10 Oct 2025₹341₹296₹267
17 Oct 2025₹324₹301₹270
24 Oct 2025₹307₹303₹271
31 Oct 2025₹309₹305₹273
7 Nov 2025₹308₹305₹275
14 Nov 2025₹265₹302₹275
21 Nov 2025₹248₹294₹274
28 Nov 2025₹226₹282₹272
5 Dec 2025₹212₹271₹270
12 Dec 2025₹210₹260₹267
19 Dec 2025₹206₹250₹264
26 Dec 2025₹205₹244₹262
2 Jan 2026₹203₹235₹258
9 Jan 2026₹204₹230₹256
16 Jan 2026₹223₹226₹254
23 Jan 2026₹203₹224₹252
1 Feb 2026₹230₹222₹250
6 Feb 2026₹250₹226₹250
13 Feb 2026₹249₹232₹250
20 Feb 2026₹288₹240₹251
27 Feb 2026₹257₹243₹252
6 Mar 2026₹231₹242₹251
13 Mar 2026₹230₹240₹250
20 Mar 2026₹226₹238₹249
27 Mar 2026₹214₹235₹248
2 Apr 2026₹225₹232₹247
10 Apr 2026₹245₹234₹246
17 Apr 2026₹281₹238₹247
24 Apr 2026₹290₹247₹249
30 Apr 2026₹288₹254₹251
8 May 2026₹343₹265₹254
15 May 2026₹312₹277₹258
22 May 2026₹358₹287₹261
29 May 2026₹392₹302₹266
4 Jun 2026₹431₹320₹272
5 Jun 2026₹453₹325₹274
9 Jun 2026₹409₹332₹277
10 Jun 2026₹388₹334₹278
12 Jun 2026₹386₹338₹280
17 Jun 2026₹386₹343₹283
19 Jun 2026₹426₹348₹286
24 Jun 2026₹418₹358₹290
25 Jun 2026₹412₹360₹291
1 Jul 2026₹403₹364₹294
3 Jul 2026₹382₹366₹296
10 Jul 2026₹398₹369₹301
17 Jul 2026₹405₹376₹306
24 Jul 2026₹517₹393₹314
31 Jul 2026₹517₹415₹323
7 Aug 2026₹575₹444₹336
14 Aug 2026₹667₹479₹350
21 Aug 2026₹622₹509₹365
28 Aug 2026₹616₹527₹377
4 Sep 2026₹602₹542₹388
11 Sep 2026₹610₹555₹399
18 Sep 2026₹608₹561₹407
25 Sep 2026₹652₹573₹418
28 Sep 2026₹630₹576₹420
1 Oct 2026₹648₹584₹426
9 Oct 2026₹705₹605₹440
16 Oct 2026₹695₹626₹454
23 Oct 2026₹566₹624₹460
30 Oct 2026₹520₹611₹464
4 Nov 2026₹519₹611₹464
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 3-year window.

5Y

Nov 2026: ₹519, 11.9% above its 200-day average. The price has been rising for 26 weeks.

  • Price ₹519
  • 50-day avg ₹611
  • 200-day avg ₹464
Nov 2026: ₹519, 11.9% above its 200-day average. The price has been rising for 26 weeks.
WeekPrice50-day avg200-day avg
2 Nov 2021₹5₹5₹4
18 Nov 2021₹5₹5₹5
3 Dec 2021₹6₹5₹5
17 Dec 2021₹6₹5₹5
31 Dec 2021₹8₹6₹5
14 Jan 2022₹9₹7₹5
28 Jan 2022₹12₹8₹6
11 Feb 2022₹12₹10₹6
25 Feb 2022₹11₹10₹7
11 Mar 2022₹11₹11₹7
25 Mar 2022₹11₹11₹7
7 Apr 2022₹12₹11₹8
22 Apr 2022₹16₹12₹8
6 May 2022₹15₹13₹9
20 May 2022₹13₹13₹9
3 Jun 2022₹12₹13₹10
17 Jun 2022₹10₹12₹10
1 Jul 2022₹14₹12₹10
15 Jul 2022₹13₹13₹10
29 Jul 2022₹17₹14₹11
12 Aug 2022₹17₹14₹11
26 Aug 2022₹21₹16₹12
9 Sep 2022₹20₹17₹13
23 Sep 2022₹19₹18₹13
7 Oct 2022₹18₹18₹14
21 Oct 2022₹19₹18₹14
4 Nov 2022₹20₹18₹15
18 Nov 2022₹19₹19₹15
2 Dec 2022₹19₹18₹15
16 Dec 2022₹19₹19₹16
30 Dec 2022₹19₹19₹16
13 Jan 2023₹18₹19₹16
27 Jan 2023₹18₹18₹16
10 Feb 2023₹17₹18₹16
24 Feb 2023₹14₹17₹16
10 Mar 2023₹15₹17₹16
24 Mar 2023₹17₹17₹16
6 Apr 2023₹19₹17₹16
21 Apr 2023₹17₹17₹16
5 May 2023₹17₹17₹17
19 May 2023₹17₹17₹17
2 Jun 2023₹17₹17₹17
16 Jun 2023₹17₹17₹17
30 Jun 2023₹17₹17₹17
14 Jul 2023₹17₹17₹17
28 Jul 2023₹26₹19₹17
11 Aug 2023₹32₹23₹19
25 Aug 2023₹36₹26₹20
8 Sep 2023₹39₹30₹22
22 Sep 2023₹35₹32₹23
6 Oct 2023₹46₹35₹24
20 Oct 2023₹47₹39₹27
3 Nov 2023₹51₹42₹28
17 Nov 2023₹63₹46₹31
1 Dec 2023₹69₹53₹34
15 Dec 2023₹66₹56₹37
29 Dec 2023₹66₹58₹39
12 Jan 2024₹84₹66₹43
25 Jan 2024₹81₹71₹47
9 Feb 2024₹80₹75₹50
23 Feb 2024₹101₹79₹53
7 Mar 2024₹92₹86₹58
22 Mar 2024₹85₹85₹60
5 Apr 2024₹99₹87₹63
19 Apr 2024₹100₹91₹66
3 May 2024₹113₹97₹70
18 May 2024₹102₹101₹74
31 May 2024₹130₹104₹77
14 Jun 2024₹174₹126₹86
28 Jun 2024₹173₹141₹94
12 Jul 2024₹151₹148₹100
26 Jul 2024₹175₹155₹106
9 Aug 2024₹170₹160₹112
23 Aug 2024₹253₹178₹121
6 Sep 2024₹275₹202₹134
20 Sep 2024₹289₹227₹147
4 Oct 2024₹309₹254₹162
18 Oct 2024₹383₹280₹178
1 Nov 2024₹451₹316₹198
14 Nov 2024₹441₹368₹223
29 Nov 2024₹444₹391₹242
13 Dec 2024₹429₹404₹260
27 Dec 2024₹383₹403₹272
10 Jan 2025₹415₹407₹286
24 Jan 2025₹331₹396₹294
7 Feb 2025₹230₹345₹290
21 Feb 2025₹219₹301₹283
7 Mar 2025₹192₹269₹275
21 Mar 2025₹219₹246₹268
4 Apr 2025₹195₹235₹263
17 Apr 2025₹190₹224₹258
2 May 2025₹252₹223₹255
16 May 2025₹282₹241₹257
30 May 2025₹287₹256₹260
13 Jun 2025₹262₹261₹261
27 Jun 2025₹262₹259₹260
11 Jul 2025₹250₹258₹260
25 Jul 2025₹214₹251₹258
8 Aug 2025₹203₹237₹253
22 Aug 2025₹234₹231₹250
5 Sep 2025₹290₹237₹250
19 Sep 2025₹304₹260₹255
3 Oct 2025₹353₹282₹262
17 Oct 2025₹324₹301₹270
31 Oct 2025₹309₹305₹273
14 Nov 2025₹265₹302₹275
28 Nov 2025₹226₹282₹272
12 Dec 2025₹210₹260₹267
26 Dec 2025₹205₹244₹262
9 Jan 2026₹204₹230₹256
23 Jan 2026₹203₹224₹252
6 Feb 2026₹250₹226₹250
20 Feb 2026₹288₹240₹251
6 Mar 2026₹231₹242₹251
20 Mar 2026₹226₹238₹249
2 Apr 2026₹225₹232₹247
17 Apr 2026₹281₹238₹247
30 Apr 2026₹288₹254₹251
15 May 2026₹312₹277₹258
29 May 2026₹392₹302₹266
5 Jun 2026₹453₹325₹274
10 Jun 2026₹388₹334₹278
17 Jun 2026₹386₹343₹283
24 Jun 2026₹418₹358₹290
1 Jul 2026₹403₹364₹294
10 Jul 2026₹398₹369₹301
24 Jul 2026₹517₹393₹314
7 Aug 2026₹575₹444₹336
21 Aug 2026₹622₹509₹365
4 Sep 2026₹602₹542₹388
18 Sep 2026₹608₹561₹407
28 Sep 2026₹630₹576₹420
9 Oct 2026₹705₹605₹440
23 Oct 2026₹566₹624₹460
4 Nov 2026₹519₹611₹464
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 5-year window.

Price stage: Rising from Oct 2025 to Dec 2025; Falling from Dec 2025 to May 2026; Rising from May 2026 to Oct 2026.

Price stage: Rising from Nov 2023 to Mar 2025; Falling from Mar 2025 to Jun 2025; Sideways in Jul 2025; Falling from Aug 2025 to Oct 2025; Rising from Oct 2025 to Dec 2025; Falling from Dec 2025 to May 2026; Rising from May 2026 to Oct 2026.

Price stage: Rising from Nov 2021 to Mar 2023; Sideways from Apr 2023 to May 2023; Rising from May 2023 to Mar 2025; Falling from Mar 2025 to Oct 2025; Rising from Oct 2025 to Dec 2025; Falling from Dec 2025 to May 2026; Rising from May 2026 to Oct 2026.

Week by week since 2018: did it beat the NIFTY 500 over the past 13 weeks?

Ahead in 256 of 431 weeks

Week by week since 2018: did it beat the NIFTY 500 over the past 13 weeks?
Week13-week return vs NIFTY 500
18 May 2018no NIFTY 500 reading
25 May 2018no NIFTY 500 reading
1 Jun 2018no NIFTY 500 reading
8 Jun 2018no NIFTY 500 reading
14 Jun 2018no NIFTY 500 reading
22 Jun 2018no NIFTY 500 reading
29 Jun 2018no NIFTY 500 reading
5 Jul 2018no NIFTY 500 reading
13 Jul 2018no NIFTY 500 reading
20 Jul 2018no NIFTY 500 reading
27 Jul 2018no NIFTY 500 reading
3 Aug 2018no NIFTY 500 reading
8 Aug 2018no NIFTY 500 reading
17 Aug 2018+11.4%
24 Aug 2018+29.5%
31 Aug 2018+3.6%
6 Sep 2018+2.6%
14 Sep 2018+6.0%
21 Sep 2018−2.3%
28 Sep 2018−7.2%
5 Oct 2018−4.8%
12 Oct 2018−7.8%
17 Oct 2018−0.9%
26 Oct 2018−3.3%
2 Nov 2018−7.5%
9 Nov 2018−15.0%
16 Nov 2018−22.2%
22 Nov 2018−23.1%
30 Nov 2018−24.5%
7 Dec 2018−35.8%
14 Dec 2018−37.1%
20 Dec 2018−28.8%
28 Dec 2018−27.8%
3 Jan 2019−32.2%
11 Jan 2019−34.1%
18 Jan 2019−34.1%
25 Jan 2019−24.7%
1 Feb 2019−42.6%
8 Feb 2019−39.8%
13 Feb 2019−35.1%
22 Feb 2019−33.7%
28 Feb 2019−26.2%
8 Mar 2019−4.8%
14 Mar 2019−2.5%
20 Mar 2019−6.4%
29 Mar 2019−11.3%
5 Apr 2019−5.0%
12 Apr 2019−1.0%
16 Apr 2019+5.4%
24 Apr 2019−15.2%
3 May 2019−14.5%
10 May 2019−7.6%
15 May 2019−9.0%
24 May 2019−4.3%
7 Jun 2019−6.4%
14 Jun 2019−11.9%
20 Jun 2019−21.2%
25 Jun 2019−10.9%
5 Jul 2019−5.2%
19 Jul 2019−4.7%
26 Jul 2019−9.3%
2 Aug 2019−10.0%
8 Aug 2019+2.6%
16 Aug 2019+2.6%
22 Aug 2019−13.1%
29 Aug 2019−9.5%
6 Sep 2019−13.8%
11 Sep 2019−3.6%
20 Sep 2019−5.6%
26 Sep 2019−10.4%
4 Oct 2019−28.3%
7 Oct 2019−22.5%
18 Oct 2019−27.0%
24 Oct 2019−28.2%
1 Nov 2019−38.4%
5 Nov 2019−38.1%
15 Nov 2019−45.8%
21 Nov 2019−49.7%
25 Nov 2019−47.1%
6 Dec 2019−48.7%
12 Dec 2019−56.8%
18 Dec 2019−52.9%
24 Dec 2019−49.7%
31 Dec 2019−33.5%
6 Jan 2020−40.2%
16 Jan 2020−33.7%
24 Jan 2020−34.4%
1 Feb 2020−34.7%
6 Feb 2020−37.5%
13 Feb 2020−26.3%
20 Feb 2020+1.5%
28 Feb 2020−2.3%
5 Mar 2020+12.6%
13 Mar 2020+20.5%
20 Mar 2020+1.6%
27 Mar 2020+1.9%
17 Apr 2020−6.7%
23 Apr 2020−6.0%
5 May 2020−5.5%
19 May 2020−6.6%
29 May 2020+6.2%
5 Jun 2020+26.7%
12 Jun 2020+60.5%
18 Jun 2020+58.2%
24 Jun 2020+54.5%
2 Jul 2020+36.3%
10 Jul 2020−2.7%
17 Jul 2020+36.0%
24 Jul 2020+34.1%
31 Jul 2020+29.4%
7 Aug 2020+33.9%
12 Aug 2020+37.5%
20 Aug 2020+49.9%
28 Aug 2020+30.1%
4 Sep 2020+5.9%
8 Sep 2020−25.7%
17 Sep 2020−23.8%
25 Sep 2020−2.9%
30 Sep 2020+18.5%
9 Oct 2020+97.6%
16 Oct 2020+134.8%
23 Oct 2020+110.6%
29 Oct 2020+81.9%
6 Nov 2020+44.2%
14 Nov 2020+51.5%
20 Nov 2020+72.7%
25 Nov 2020+55.9%
4 Dec 2020+28.8%
9 Dec 2020+36.9%
18 Dec 2020+56.7%
24 Dec 2020+27.0%
1 Jan 2021+38.5%
8 Jan 2021+7.6%
15 Jan 2021−28.4%
21 Jan 2021−14.9%
29 Jan 2021+3.7%
5 Feb 2021+26.2%
10 Feb 2021+7.9%
19 Feb 2021−26.1%
25 Feb 2021−18.0%
5 Mar 2021−4.4%
12 Mar 2021−3.1%
19 Mar 2021−23.6%
26 Mar 2021−23.5%
1 Apr 2021−34.7%
9 Apr 2021−35.3%
16 Apr 2021−27.2%
23 Apr 2021−33.4%
28 Apr 2021−32.4%
7 May 2021−27.6%
12 May 2021−30.9%
21 May 2021−18.2%
28 May 2021−15.7%
4 Jun 2021+2.6%
11 Jun 2021+6.8%
18 Jun 2021−2.2%
25 Jun 2021+12.4%
2 Jul 2021+16.1%
8 Jul 2021+13.6%
16 Jul 2021−6.6%
23 Jul 2021+18.2%
30 Jul 2021+23.9%
3 Aug 2021+13.0%
13 Aug 2021+15.0%
20 Aug 2021+12.8%
27 Aug 2021+8.4%
3 Sep 2021+2.0%
9 Sep 2021−14.3%
15 Sep 2021−1.7%
24 Sep 2021−13.7%
1 Oct 2021−21.8%
8 Oct 2021−15.3%
14 Oct 2021+11.6%
22 Oct 2021−11.8%
27 Oct 2021−9.0%
2 Nov 2021−9.7%
12 Nov 2021+2.3%
18 Nov 2021−0.2%
26 Nov 2021+33.1%
3 Dec 2021+11.9%
10 Dec 2021+26.5%
17 Dec 2021+34.3%
24 Dec 2021+65.4%
31 Dec 2021+77.6%
7 Jan 2022+84.4%
14 Jan 2022+80.7%
21 Jan 2022+109.9%
28 Jan 2022+140.3%
4 Feb 2022+164.9%
11 Feb 2022+137.3%
18 Feb 2022+147.9%
25 Feb 2022+76.8%
4 Mar 2022+111.5%
11 Mar 2022+94.5%
14 Mar 2022+86.7%
25 Mar 2022+52.6%
1 Apr 2022+56.1%
7 Apr 2022+44.4%
13 Apr 2022+56.7%
22 Apr 2022+50.9%
29 Apr 2022+31.5%
6 May 2022+27.8%
13 May 2022+11.5%
20 May 2022+15.5%
27 May 2022+8.7%
3 Jun 2022+0.4%
10 Jun 2022+16.1%
17 Jun 2022−0.2%
24 Jun 2022+4.5%
1 Jul 2022+20.6%
8 Jul 2022+19.5%
15 Jul 2022−3.4%
22 Jul 2022−6.4%
29 Jul 2022+10.9%
5 Aug 2022−6.9%
12 Aug 2022+20.8%
19 Aug 2022+40.1%
26 Aug 2022+69.2%
2 Sep 2022+66.4%
9 Sep 2022+47.3%
16 Sep 2022+80.5%
23 Sep 2022+69.5%
30 Sep 2022+27.2%
7 Oct 2022+24.5%
14 Oct 2022+25.1%
21 Oct 2022+23.6%
28 Oct 2022−1.0%
4 Nov 2022+23.4%
11 Nov 2022+23.3%
18 Nov 2022−7.9%
25 Nov 2022−19.4%
2 Dec 2022−9.4%
9 Dec 2022−2.1%
16 Dec 2022−2.2%
23 Dec 2022−9.2%
30 Dec 2022−0.6%
6 Jan 2023−1.4%
13 Jan 2023−1.8%
20 Jan 2023−3.1%
27 Jan 2023+2.8%
3 Feb 2023−9.3%
10 Feb 2023−15.9%
17 Feb 2023−7.7%
24 Feb 2023−11.7%
3 Mar 2023−8.3%
10 Mar 2023−12.8%
17 Mar 2023−4.8%
24 Mar 2023−2.2%
31 Mar 2023−3.0%
6 Apr 2023+3.1%
13 Apr 2023+9.3%
21 Apr 2023−1.6%
28 Apr 2023−5.3%
5 May 2023−2.3%
12 May 2023+3.8%
19 May 2023−2.9%
26 May 2023+17.1%
2 Jun 2023−5.8%
9 Jun 2023−1.7%
16 Jun 2023−14.1%
23 Jun 2023−13.5%
30 Jun 2023−18.3%
7 Jul 2023−20.6%
14 Jul 2023−22.9%
21 Jul 2023+37.9%
28 Jul 2023+43.1%
4 Aug 2023+57.0%
11 Aug 2023+72.5%
18 Aug 2023+91.4%
25 Aug 2023+95.0%
1 Sep 2023+128.7%
8 Sep 2023+119.6%
15 Sep 2023+108.3%
22 Sep 2023+104.4%
29 Sep 2023+136.9%
6 Oct 2023+167.6%
13 Oct 2023+192.3%
20 Oct 2023+77.9%
27 Oct 2023+77.3%
3 Nov 2023+78.2%
12 Nov 2023+56.1%
17 Nov 2023+83.8%
24 Nov 2023+87.6%
1 Dec 2023+66.3%
8 Dec 2023+54.0%
15 Dec 2023+75.1%
22 Dec 2023+65.7%
29 Dec 2023+50.9%
5 Jan 2024+70.7%
12 Jan 2024+58.0%
20 Jan 2024+64.3%
25 Jan 2024+55.3%
2 Feb 2024+47.7%
9 Feb 2024+41.4%
16 Feb 2024+12.6%
23 Feb 2024+35.4%
2 Mar 2024+40.0%
7 Mar 2024+43.3%
15 Mar 2024+20.8%
22 Mar 2024+30.6%
28 Mar 2024+29.9%
5 Apr 2024+10.8%
12 Apr 2024+13.6%
19 Apr 2024+11.9%
26 Apr 2024+37.8%
3 May 2024+31.0%
10 May 2024+29.6%
18 May 2024+22.4%
24 May 2024−5.1%
31 May 2024+24.1%
7 Jun 2024+69.8%
14 Jun 2024+96.6%
21 Jun 2024+102.8%
28 Jun 2024+81.9%
5 Jul 2024+61.0%
12 Jul 2024+38.0%
19 Jul 2024+68.0%
26 Jul 2024+39.0%
2 Aug 2024+43.9%
9 Aug 2024+49.1%
16 Aug 2024+91.7%
23 Aug 2024+136.4%
30 Aug 2024+74.9%
6 Sep 2024+57.8%
13 Sep 2024+52.5%
20 Sep 2024+51.0%
27 Sep 2024+79.5%
4 Oct 2024+79.8%
11 Oct 2024+108.3%
18 Oct 2024+115.9%
25 Oct 2024+105.1%
1 Nov 2024+158.8%
8 Nov 2024+205.4%
14 Nov 2024+119.7%
22 Nov 2024+78.2%
29 Nov 2024+83.9%
6 Dec 2024+57.3%
13 Dec 2024+58.2%
20 Dec 2024+44.0%
27 Dec 2024+27.0%
3 Jan 2025+38.7%
10 Jan 2025+39.4%
17 Jan 2025+6.1%
24 Jan 2025+0.3%
1 Feb 2025−40.6%
7 Feb 2025−50.4%
14 Feb 2025−47.9%
21 Feb 2025−40.3%
28 Feb 2025−46.9%
7 Mar 2025−42.1%
13 Mar 2025−48.8%
21 Mar 2025−39.3%
28 Mar 2025−39.6%
4 Apr 2025−44.0%
11 Apr 2025−53.6%
17 Apr 2025−54.1%
25 Apr 2025−37.4%
2 May 2025+2.2%
9 May 2025+8.4%
16 May 2025+28.6%
23 May 2025+25.1%
30 May 2025+45.8%
6 Jun 2025+26.9%
13 Jun 2025+34.7%
20 Jun 2025+5.1%
27 Jun 2025+12.7%
4 Jul 2025+12.8%
11 Jul 2025+22.1%
18 Jul 2025+21.6%
25 Jul 2025−7.2%
1 Aug 2025−20.8%
8 Aug 2025−25.0%
14 Aug 2025−28.7%
22 Aug 2025−21.8%
29 Aug 2025−20.2%
5 Sep 2025+7.3%
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26 Sep 2025+34.5%
3 Oct 2025+42.7%
10 Oct 2025+36.6%
17 Oct 2025+32.8%
24 Oct 2025+39.4%
31 Oct 2025+45.3%
7 Nov 2025+46.8%
14 Nov 2025+25.0%
21 Nov 2025+0.6%
28 Nov 2025−5.2%
5 Dec 2025−28.2%
12 Dec 2025−32.0%
19 Dec 2025−35.0%
26 Dec 2025−44.7%
2 Jan 2026−46.5%
9 Jan 2026−40.6%
16 Jan 2026−27.4%
23 Jan 2026−30.2%
1 Feb 2026−24.7%
6 Feb 2026−18.6%
13 Feb 2026−5.0%
20 Feb 2026+18.4%
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20 Mar 2026+19.6%
27 Mar 2026+16.4%
2 Apr 2026+18.7%
10 Apr 2026+24.0%
17 Apr 2026+25.3%
24 Apr 2026+43.9%
30 Apr 2026+26.9%
8 May 2026+42.7%
15 May 2026+30.1%
22 May 2026+27.5%
29 May 2026+51.4%
4 Jun 2026+86.8%
5 Jun 2026+94.1%
9 Jun 2026+75.5%
10 Jun 2026+73.9%
12 Jun 2026+69.8%
17 Jun 2026+55.3%
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1 Jul 2026+13.8%
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17 Jul 2026+0.2%
24 Jul 2026+17.8%
31 Jul 2026+9.8%
7 Aug 2026+35.8%
14 Aug 2026+67.3%
21 Aug 2026+56.8%
28 Aug 2026+57.9%
4 Sep 2026+40.8%
11 Sep 2026+47.0%
18 Sep 2026+48.6%
25 Sep 2026+64.9%
28 Sep 2026+71.1%
1 Oct 2026+69.2%
9 Oct 2026+80.3%
16 Oct 2026+37.3%
23 Oct 2026+18.1%
30 Oct 2026−1.9%
4 Nov 2026−14.9%
Each bar is one week, from 2018 to now (431 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the NIFTY 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 8.5 years the share price moved +6,680% while the NIFTY 500 moved +141%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 23 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What changed at E2E Networks this quarter?

Three changes stood out: best operating margin in 16 quarters, number of shareholders up 116% in a year and highest quarterly profit in 16 quarters.

  1. Best operating margin in 16 quarters

    Operating margin was 77% in the September 2026 quarter, against 41% a year earlier.

  2. Number of shareholders up 116% in a year

    1,15,125 shareholders in the September 2026 quarter, against 53,403 a year earlier.

  3. Highest quarterly profit in 16 quarters

    Profit of ₹73 crore in the September 2026 quarter is the highest of the last 16 quarters.

What are E2E Networks' latest quarterly results?

For July to September 2026 (the quarter ended 30 September 2026), E2E Networks reported revenue of ₹224 crore, up 409.1% from ₹44.0 crore a year earlier, and a profit of ₹73.0 crore, against a loss of ₹13.0 crore a year earlier.

E2E Networks results: July to September 2026 against a year earlier

E2E Networks results: July to September 2026 against a year earlier
MeasureJuly to September 2026July to September 2025Change
Revenue₹224 crore₹44.0 crore+409.1%
Profit₹73.0 croreloss of ₹13.0 crore—
Earnings per share₹3.54₹−0.67—
Operating margin77.0%41.0%+36.0 points

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

E2E Networks' management discussed these results on a call held on 16 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

What is the E2E Networks share price history?

E2E Networks closed at ₹519.35 on 4 November 2026, up 68.8% from ₹307.72 a year earlier (7 November 2025) and up 10,719.8% over five years. Its highest weekly close since May 2018 was ₹704.60 on 9 October 2026.

E2E Networks share price: then and now

E2E Networks share price: then and now
WhenCloseChange to 4 Nov 2026
1 week ago · 30 Oct 2026₹520.40−0.2%
1 month ago · 1 Oct 2026₹648.00−19.9%
6 months ago · 8 May 2026₹343.45+51.2%
1 year ago · 7 Nov 2025₹307.72+68.8%
3 years ago · 3 Nov 2023₹51.26+913.2%
5 years ago · 2 Nov 2021₹4.80+10,719.8%
Earliest weekly close in our records · 18 May 2018₹7.66+6,680.0%
Highest weekly close since May 2018, also the 52-week high · 9 Oct 2026₹704.60−26.3%
Lowest weekly close since May 2018 · 20 Mar 2020₹1.36+38,087.5%
52-week low (weekly close) · 2 Jan 2026₹202.75+156.2%

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

444 weekly closes from 18 May 2018 to 4 November 2026.

What is the latest news on E2E Networks?

4 Nov 2026: E2E Networks closed at ₹519.35, down 0.2% on the week and down 19.9% on the month. 16 Oct 2026: E2E Networks held its results call for July to September 2026. Management guided: Nearly ₹1,000 crore sovereign AI contract through June 2029.

Earlier

  • Results for July to September 2026: Revenue up 409.1% on a year earlier.
  • 5 Jun 2026: Share split: face value cut from ₹10 to ₹1 a share (ex-date).

What dividend does E2E Networks pay?

E2E Networks has paid no dividend on the NSE since 1 April 2021, the start of the period we checked.

No. E2E Networks Ltd paid out 0% of its profit as dividends in each of its last 13 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 5 November 2026.

What did E2E Networks management say on the latest results call?

On the call for July to September 2026, held on 16 October 2026, E2E Networks' management guided: Nearly ₹1,000 crore sovereign AI contract through June 2029.

“We believe that the better metric is the overall realization across the entire fleet, rather than looking at utilization metrics in terms of GPU hours utilized across the fleet or the number of GPUs that are idle.”Tarun Dua, on the call for July to September 2026

What management guided

  • Approximately 1,000 nodes expected to be deployed this quarter.
  • Operating margin framework of 70%+ over the medium to long term.
  • Yields on uncontracted or short-term contracted capacity expected to improve.
  • Blaze and Endpoint official launch may follow in a few weeks.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 16 October 2026.

What to watch in E2E Networks' next results?

When E2E Networks reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Expected node deployment: check for completion and evidence of revenue conversion.

E2E Networks: what to watch next quarter
What to check (from the call)
Expected node deployment: check for completion and evidence of revenue conversion.
Fleet-wide realization on short-term and uncontracted capacity: check whether yields improve.
Blaze and Endpoint: check for formal release and evidence of customer adoption.
Next B200 lot: check whether management discloses capacity timing and contract coverage.

Which stock lists is E2E Networks on?

E2E Networks is on one of our India lists: AI & data centre stocks.

Is E2E Networks profitable?

E2E Networks Ltd earned ₹73.0 Cr of net profit in the Sep 2026 quarter. The full FY26 year was a loss of ₹16.0 Cr. That is 32.6% of the quarter's revenue. The same quarter a year earlier lost ₹13.0 Cr. 3 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was −₹16.0 Cr (−134.0% on the year before).

FY26 profit −₹16.0 Cr (−134.0% on the year before)

  • Net profit −₹16.0
FY26 profit −₹16.0 Cr (−134.0% on the year before)
QuarterNet profit
FY16₹2
FY17₹4
FY18₹6
FY19₹2
FY20−₹9
FY21−₹1
FY22₹6
FY23₹10
FY24₹22
FY25₹47
FY26−₹16

Growth on a year earlier

  • Growth on a year earlier −134%
Growth on a year earlier
QuarterGrowth on a year earlier
FY16100%
FY17100%
FY1850%
FY19−66.7%
FY20−550%
FY21–
FY22–
FY2366.7%
FY24120%
FY25113.6%
FY26−134%
Top: net profit each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Sep 2026: ₹73.0 Cr

  • Net profit (quarterly) ₹73.0
Sep 2026: ₹73.0 Cr
QuarterNet profit (quarterly)
Dec 2023₹6
Mar 2024₹4
Jun 2024₹10
Sep 2024₹12
Dec 2024₹12
Mar 2025₹14
Jun 2025−₹3
Sep 2025−₹13
Dec 2025−₹6
Mar 2026₹6
Jun 2026₹44
Sep 2026₹73

Growth on a year earlier

  • Growth on a year earlier −57.1%
Growth on a year earlier
QuarterGrowth on a year earlier
Dec 2023174%
Mar 202458.1%
Jun 202443.5%
Sep 2024100%
Dec 2024100%
Mar 2025250%
Jun 2025−130%
Sep 2025−208.3%
Dec 2025−150%
Mar 2026−57.1%
Jun 2026–
Sep 2026–
Top: net profit each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

How much revenue does E2E Networks make, and is it growing?

E2E Networks Ltd reported ₹224 Cr of revenue in the Sep 2026 quarter, +409.1% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 10 years it has grown 27.9% a year on average. The last full year, FY26, came in at ₹246 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹547 Cr.

FY26 revenue was ₹246 Cr, +50.0% on the year before.

FY26 revenue ₹246 Cr (+50.0% on the year before), 27.9% a year over 10 years

  • Revenue ₹246
FY26 revenue ₹246 Cr (+50.0% on the year before), 27.9% a year over 10 years
QuarterRevenue
FY16₹21
FY17₹29
FY18₹36
FY19₹34
FY20₹25
FY21₹35
FY22₹52
FY23₹66
FY24₹94
FY25₹164
FY26₹246

Growth on a year earlier

  • Growth on a year earlier 50%
Growth on a year earlier
QuarterGrowth on a year earlier
FY16110%
FY1738.1%
FY1824.1%
FY19−5.6%
FY20−26.5%
FY2140%
FY2248.6%
FY2326.9%
FY2442.4%
FY2574.5%
FY2650%
Top: revenue each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Sep 2026: ₹224 Cr (+409.1% on a year earlier), the 4th quarter in a row of growth

  • Revenue (quarterly) ₹224
Sep 2026: ₹224 Cr (+409.1% on a year earlier), the 4th quarter in a row of growth
QuarterRevenue (quarterly)
Dec 2023₹24
Mar 2024₹29
Jun 2024₹41
Sep 2024₹48
Dec 2024₹42
Mar 2025₹33
Jun 2025₹36
Sep 2025₹44
Dec 2025₹70
Mar 2026₹96
Jun 2026₹157
Sep 2026₹224

Growth on a year earlier

  • Growth on a year earlier 409.1%
Growth on a year earlier
QuarterGrowth on a year earlier
Dec 202341.9%
Mar 202464.9%
Jun 2024110.7%
Sep 2024118.2%
Dec 202475%
Mar 202513.8%
Jun 2025−12.2%
Sep 2025−8.3%
Dec 202566.7%
Mar 2026190.9%
Jun 2026336.1%
Sep 2026409.1%
Top: revenue each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +250.7% on average, against 27.9% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +252.9%, against +96.3% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +1,070.0%, against +91.2% a year (accelerating).

How much of every ₹100 of sales does E2E Networks keep?

E2E Networks Ltd's operating margin was 77.0% in the Sep 2026 quarter, 36.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between −4.8% and 61.0%. The latest quarter is above every full year in that period.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +35.5 percentage points on the year while gross margin changed +21.3 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

FY26: 51.0%, within a range of −4.8% to 61.0% over 13 years

  • Operating margin 51.0%
FY26: 51.0%, within a range of −4.8% to 61.0% over 13 years
QuarterOperating margin
FY11−2%
FY1547%
FY1661%
FY1757%
FY1850%
FY1932%
FY20−4.8%
FY2129%
FY2244%
FY2350%
FY2451%
FY2559%
FY2651%

Change on the year before (points)

  • Change on the year before (points) −8.0 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY11–
FY15+49.0 pts
FY16+14.0 pts
FY17−4.0 pts
FY18−7.0 pts
FY19−18.0 pts
FY20−36.8 pts
FY21+33.8 pts
FY22+15.0 pts
FY23+6.0 pts
FY24+1.0 pts
FY25+8.0 pts
FY26−8.0 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 13-year window.

Sep 2026: operating margin 77.0% (+36.0 points on a year earlier)

  • Operating margin 77.0%
Sep 2026: operating margin 77.0% (+36.0 points on a year earlier)
QuarterOperating margin
Dec 202347%
Mar 202452%
Jun 202466%
Sep 202466%
Dec 202459%
Mar 202540%
Jun 202529%
Sep 202541%
Dec 202557%
Mar 202661%
Jun 202675%
Sep 202677%

Change on a year earlier (points)

  • Change on a year earlier (points) +36.0 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Dec 2023−3.0 pts
Mar 2024+0.7 pts
Jun 2024+13.1 pts
Sep 2024+14.0 pts
Dec 2024+12.0 pts
Mar 2025−12.0 pts
Jun 2025−37.0 pts
Sep 2025−25.0 pts
Dec 2025−2.0 pts
Mar 2026+21.0 pts
Jun 2026+46.0 pts
Sep 2026+36.0 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is E2E Networks' profit turning into cash?

Over the last 3 years, 211% of E2E Networks Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹122 Cr of operating cash against −₹16.0 Cr of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After ₹713 Cr of spending on assets, free cash was −₹591 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY26: operating cash ₹122 Cr against profit −₹16.0 Cr; 211% of 3 years' profit came in as cash

  • Operating cash ₹122
  • Net profit −₹16.0
  • Free cash ₹11
FY26: operating cash ₹122 Cr against profit −₹16.0 Cr; 211% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY16₹13₹2₹0
FY17₹14₹4₹4
FY18₹14₹6₹5
FY19₹10₹2₹0
FY20−₹2−₹9−₹11
FY21₹13−₹1−₹15
FY22₹26₹6−₹3
FY23₹36₹10₹11
FY24₹43₹22–
FY25₹88₹47–
FY26₹122−₹16–
Operating cash flow and net profit each year, ₹ Cr. The line is free cash flow: operating cash minus spending on assets. 11-year window, yearly figures. FY24/FY25/FY26 was an acquisition year, so its point is cut off at the edge.

FY26: operating cash was 187% of profit (211% over three years)

  • Operating cash as % of profit 187%
  • Break-even line 100%
FY26: operating cash was 187% of profit (211% over three years)
QuarterOperating cash as % of profitBreak-even line
FY16300%100%
FY17300%100%
FY18233%100%
FY19300%100%
FY20–100%
FY21–100%
FY22300%100%
FY23300%100%
FY24195%100%
FY25187%100%
FY26–100%
Operating cash as a share of net profit, each year, % (line). The flat line marks 100%, meaning all of the profit came in as cash; unusual years are drawn at the edge.

Why 211% of profit came in as cash: the cash cycle got 21 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 7.2× depreciation over three years. The next section checks what that spending is building.

Where does E2E Networks' cash go?

E2E Networks Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 25 days in FY26, up from 4 days in FY21. It spent ₹1,772 Cr on assets over the last 3 years. Customers take 25 days to pay, and stock sits for 0 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹246 Cr, each day of that cycle ties up about ₹0.7 Cr, so roughly ₹17.0 Cr is tied up in the business at any time.

FY26: customers took 25 days to pay and stock sat for 0 days, about 0.0 months of sales sitting as stock, for a full cycle of 25 days, longer than FY21's 4.

FY26: a 25-day cash cycle, +21 days compared with FY21

  • Cash cycle 25d
  • Debtor days 25d
FY26: a 25-day cash cycle, +21 days compared with FY21
QuarterCash cycleDebtor days
FY1191d91d
FY152d2d
FY1619d19d
FY1719d19d
FY1828d28d
FY199d9d
FY2010d10d
FY214d4d
FY221d1d
FY233d3d
FY2410d10d
FY2522d22d
FY2625d25d
Debtor days, inventory days, payable days and the full cash cycle, each year. 13-year window.

Spending on assets: ₹1,772 Cr over the last 3 years, against ₹245 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹533 Cr (FY26): assets paid for that are not earning yet.

FY26: capex ₹713 Cr, work in progress ₹533 Cr, a build-out

  • Capex ₹713
  • Work-in-progress ₹533
FY26: capex ₹713 Cr, work in progress ₹533 Cr, a build-out
QuarterCapexWork-in-progress
FY16₹13₹0
FY17₹10₹0
FY18₹9₹0
FY19₹10₹0
FY20₹9₹0
FY21₹28₹0
FY22₹29₹0
FY23₹25₹0
FY24₹184₹0
FY25₹875₹636
FY26₹713₹533
Capital spending each year, ₹ Cr, with work in progress, ₹ Cr, as the line. Quarterly capital-spending figures are not available for India, so this is yearly.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is E2E Networks' P/E ratio, and how does it compare with its own history?

E2E Networks Ltd's P/E is 91.1×, in the middle of its own history: higher than 62% of past readings. Its usual P/E (the middle reading) is 54.6×, over 8.4 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

P/E 91.1× against a usual 54.6×: in the middle of its own history: higher than 62% of past readings

  • P/E 91.2×
  • Median 54.6×
P/E 91.1× against a usual 54.6×: in the middle of its own history: higher than 62% of past readings
WeekP/EMedian
18 May 201824.7×54.6×
1 Jun 201822.9×54.6×
14 Jun 201824.5×54.6×
29 Jun 201822.2×54.6×
13 Jul 201823.7×54.6×
27 Jul 201822.6×54.6×
8 Aug 201829.5×54.6×
24 Aug 201829.3×54.6×
6 Sep 201825.2×54.6×
21 Sep 201817.1×54.6×
5 Oct 201815.1×54.6×
17 Oct 201815.9×54.6×
2 Nov 201819.0×54.6×
16 Nov 201815.6×54.6×
30 Nov 201813.2×54.6×
14 Dec 201812.3×54.6×
28 Dec 201811.4×54.6×
11 Jan 201911.2×54.6×
25 Jan 201911.7×54.6×
8 Feb 201910.5×54.6×
22 Feb 201910.0×54.6×
8 Mar 201911.2×54.6×
20 Mar 201911.6×54.6×
5 Apr 201911.0×54.6×
16 Apr 201912.8×54.6×
3 May 201910.0×54.6×
15 May 201910.0×54.6×
7 Jun 201910.0×54.6×
20 Jun 201910.0×54.6×
5 Jul 201910.0×54.6×
26 Jul 20199.80×54.6×
8 Aug 201938.2×54.6×
22 Aug 201930.9×54.6×
6 Sep 201930.0×54.6×
20 Sep 201933.7×54.6×
4 Oct 201925.5×54.6×
18 Oct 201927.8×54.6×
1 Nov 201927.3×54.6×
15 Nov 201922.8×54.6×
25 Nov 201919.1×54.6×
12 Dec 201917.3×54.6×
24 Dec 201917.8×54.6×
6 Jan 202019.0×54.6×
24 Jan 202019.6×54.6×
6 Feb 202017.7×54.6×
20 Feb 202018.4×54.6×
5 Mar 202017.8×54.6×
20 Mar 202012.4×54.6×
17 Apr 202013.1×54.6×
5 May 202014.2×54.6×
18 Nov 202141.2×54.6×
3 Dec 202147.4×54.6×
17 Dec 202150.1×54.6×
31 Dec 202167.3×54.6×
14 Jan 202279.1×54.6×
28 Jan 2022101.2×54.6×
11 Feb 2022101.0×54.6×
25 Feb 202290.9×54.6×
11 Mar 202293.5×54.6×
25 Mar 202296.0×54.6×
7 Apr 2022104.4×54.6×
22 Apr 2022132.8×54.6×
6 May 2022126.4×54.6×
20 May 2022110.0×54.6×
2 Sep 202246.1×54.6×
16 Sep 202244.5×54.6×
30 Sep 202242.5×54.6×
14 Oct 202239.5×54.6×
28 Oct 202240.5×54.6×
11 Nov 202234.0×54.6×
25 Nov 202228.7×54.6×
9 Dec 202232.3×54.6×
23 Dec 202230.3×54.6×
6 Jan 202330.1×54.6×
20 Jan 202329.3×54.6×
3 Feb 202327.8×54.6×
17 Feb 202325.1×54.6×
3 Mar 202325.2×54.6×
17 Mar 202326.3×54.6×
31 Mar 202327.2×54.6×
13 Apr 202328.3×54.6×
28 Apr 202326.4×54.6×
12 May 202327.3×54.6×
26 May 202325.7×54.6×
9 Jun 202324.6×54.6×
23 Jun 202324.6×54.6×
7 Jul 202324.7×54.6×
21 Jul 202338.5×54.6×
4 Aug 202341.7×54.6×
18 Aug 202333.9×54.6×
1 Sep 202339.7×54.6×
15 Sep 202336.6×54.6×
29 Sep 202340.6×54.6×
13 Oct 202350.0×54.6×
27 Oct 202347.0×54.6×
12 Nov 202343.0×54.6×
24 Nov 202357.0×54.6×
8 Dec 202351.3×54.6×
22 Dec 202352.0×54.6×
5 Jan 202469.5×54.6×
20 Jan 202469.6×54.6×
2 Feb 202469.7×54.6×
16 Feb 202455.4×54.6×
2 Mar 202469.0×54.6×
15 Mar 202457.5×54.6×
28 Mar 202462.2×54.6×
12 Apr 202469.3×54.6×
26 Apr 202480.6×54.6×
10 May 202474.3×54.6×
24 May 202467.8×54.6×
7 Jun 2024110.3×54.6×
21 Jun 2024120.1×54.6×
5 Jul 2024112.0×54.6×
19 Jul 2024102.8×54.6×
2 Aug 2024100.6×54.6×
16 Aug 2024119.3×54.6×
30 Aug 2024141.7×54.6×
13 Sep 2024161.1×54.6×
27 Sep 2024163.9×54.6×
11 Oct 2024163.9×54.6×
25 Oct 2024163.9×54.6×
8 Nov 2024163.9×54.6×
22 Nov 2024163.9×54.6×
6 Dec 2024163.9×54.6×
20 Dec 2024163.9×54.6×
3 Jan 2025163.9×54.6×
17 Jan 2025163.9×54.6×
1 Feb 2025129.9×54.6×
14 Feb 2025108.8×54.6×
28 Feb 202596.7×54.6×
13 Mar 202596.7×54.6×
28 Mar 2025113.2×54.6×
11 Apr 2025101.4×54.6×
25 Apr 202592.4×54.6×
9 May 2025112.3×54.6×
23 May 2025126.1×54.6×
6 Jun 2025114.8×54.6×
20 Jun 2025105.5×54.6×
4 Jul 2025105.5×54.6×
18 Jul 2025101.6×54.6×
1 Aug 202586.9×54.6×
14 Aug 202586.8×54.6×
29 Aug 202597.1×54.6×
12 Sep 2025130.7×54.6×
26 Sep 2025146.2×54.6×
10 Oct 2025144.5×54.6×
24 Oct 2025130.1×54.6×
7 Nov 2025130.5×54.6×
21 Nov 2025105.2×54.6×
5 Dec 202590.1×54.6×
19 Dec 202587.5×54.6×
2 Jan 202686.0×54.6×
16 Jan 202694.5×54.6×
1 Feb 202697.4×54.6×
13 Feb 2026105.5×54.6×
27 Feb 2026111.5×54.6×
13 Mar 202699.8×54.6×
27 Mar 202692.5×54.6×
10 Apr 2026106.2×54.6×
24 Apr 2026125.8×54.6×
8 May 2026148.8×54.6×
22 May 2026155.1×54.6×
5 Jun 2026163.9×54.6×
19 Jun 2026163.9×54.6×
3 Jul 2026163.9×54.6×
17 Jul 2026163.9×54.6×
31 Jul 2026163.9×54.6×
14 Aug 2026163.9×54.6×
28 Aug 2026163.9×54.6×
11 Sep 2026163.9×54.6×
25 Sep 2026163.9×54.6×
9 Oct 2026163.9×54.6×
23 Oct 202699.2×54.6×
30 Oct 202691.2×54.6×

Earnings per share, 12 months

  • Earnings per share, 12 months ₹6
Earnings per share, 12 months
WeekEarnings per share, 12 months
18 May 2018–
1 Jun 2018–
14 Jun 2018–
29 Jun 2018₹0
13 Jul 2018₹0
27 Jul 2018₹0
8 Aug 2018₹0
24 Aug 2018₹0
6 Sep 2018₹0
21 Sep 2018₹0
5 Oct 2018₹0
17 Oct 2018₹0
2 Nov 2018₹0
16 Nov 2018₹0
30 Nov 2018₹0
14 Dec 2018₹0
28 Dec 2018₹0
11 Jan 2019₹0
25 Jan 2019₹0
8 Feb 2019₹0
22 Feb 2019₹0
8 Mar 2019₹0
20 Mar 2019₹0
5 Apr 2019₹0
16 Apr 2019₹0
3 May 2019₹0
15 May 2019₹0
7 Jun 2019₹0
20 Jun 2019₹0
5 Jul 2019₹0
26 Jul 2019₹0
8 Aug 2019₹0
22 Aug 2019₹0
6 Sep 2019₹0
20 Sep 2019₹0
4 Oct 2019₹0
18 Oct 2019₹0
1 Nov 2019₹0
15 Nov 2019₹0
25 Nov 2019₹0
12 Dec 2019₹0
24 Dec 2019₹0
6 Jan 2020₹0
24 Jan 2020₹0
6 Feb 2020₹0
20 Feb 2020₹0
5 Mar 2020₹0
20 Mar 2020₹0
17 Apr 2020₹0
5 May 2020₹0
18 Nov 2021₹0
3 Dec 2021₹0
17 Dec 2021₹0
31 Dec 2021₹0
14 Jan 2022₹0
28 Jan 2022₹0
11 Feb 2022₹0
25 Feb 2022₹0
11 Mar 2022₹0
25 Mar 2022₹0
7 Apr 2022₹0
22 Apr 2022₹0
6 May 2022₹0
20 May 2022₹0
2 Sep 2022₹0
16 Sep 2022₹0
30 Sep 2022₹0
14 Oct 2022₹0
28 Oct 2022₹0
11 Nov 2022₹0
25 Nov 2022₹0
9 Dec 2022₹0
23 Dec 2022₹0
6 Jan 2023₹1
20 Jan 2023₹1
3 Feb 2023₹1
17 Feb 2023₹1
3 Mar 2023₹1
17 Mar 2023₹1
31 Mar 2023₹1
13 Apr 2023₹1
28 Apr 2023₹1
12 May 2023₹1
26 May 2023₹1
9 Jun 2023₹1
23 Jun 2023₹1
7 Jul 2023₹1
21 Jul 2023₹1
4 Aug 2023₹1
18 Aug 2023₹1
1 Sep 2023₹1
15 Sep 2023₹1
29 Sep 2023₹1
13 Oct 2023₹1
27 Oct 2023₹1
12 Nov 2023₹1
24 Nov 2023₹1
8 Dec 2023₹1
22 Dec 2023₹1
5 Jan 2024₹1
20 Jan 2024₹1
2 Feb 2024₹1
16 Feb 2024₹1
2 Mar 2024₹1
15 Mar 2024₹1
28 Mar 2024₹1
12 Apr 2024₹1
26 Apr 2024₹1
10 May 2024₹1
24 May 2024₹1
7 Jun 2024₹1
21 Jun 2024₹2
5 Jul 2024₹2
19 Jul 2024₹2
2 Aug 2024₹2
16 Aug 2024₹2
30 Aug 2024₹2
13 Sep 2024₹2
27 Sep 2024₹2
11 Oct 2024₹2
25 Oct 2024₹2
8 Nov 2024₹2
22 Nov 2024₹2
6 Dec 2024₹2
20 Dec 2024₹2
3 Jan 2025₹2
17 Jan 2025₹2
1 Feb 2025₹2
14 Feb 2025₹2
28 Feb 2025₹2
13 Mar 2025₹2
28 Mar 2025₹2
11 Apr 2025₹2
25 Apr 2025₹2
9 May 2025₹2
23 May 2025₹2
6 Jun 2025₹2
20 Jun 2025₹2
4 Jul 2025₹2
18 Jul 2025₹2
1 Aug 2025₹2
14 Aug 2025₹2
29 Aug 2025₹2
12 Sep 2025₹2
26 Sep 2025₹2
10 Oct 2025₹2
24 Oct 2025₹2
7 Nov 2025₹2
21 Nov 2025₹2
5 Dec 2025₹2
19 Dec 2025₹2
2 Jan 2026₹2
16 Jan 2026₹2
1 Feb 2026₹2
13 Feb 2026₹2
27 Feb 2026₹2
13 Mar 2026₹2
27 Mar 2026₹2
10 Apr 2026₹2
24 Apr 2026₹2
8 May 2026₹2
22 May 2026₹2
5 Jun 2026₹2
19 Jun 2026₹2
3 Jul 2026₹2
17 Jul 2026₹2
31 Jul 2026₹2
14 Aug 2026₹2
28 Aug 2026₹2
11 Sep 2026₹2
25 Sep 2026₹2
9 Oct 2026₹2
23 Oct 2026₹2
30 Oct 2026₹6
Top: P/E each week. Below: earnings per share, trailing twelve months, leaving out one-off items, a step line that moves once a quarter; 8.4 years of history; short peaks above 164× are drawn at the top edge.
91.1×P/E · higher than 62% of its last 8.4 years
n/mPEG · cannot be worked out, because 3-year earnings growth is not available

Why the multiple is where it is: over the past year earnings per share moved −131.9% while the price moved +68.8%. The price did better than earnings, which pushed the multiple up within its own range.

Where the price move came from: over 5 years the price moved +155.2% a year; about +116.5% a year came from earnings growth and about +38.7 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple.

Is the E2E Networks business getting better or worse?

E2E Networks Ltd's business is turning around. Profit growth has swung from −121.1% at its low to +1070.0%, improving for 2 quarters in a row, with ROCE rising at 9.3%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue +50.0% in FY26, profit −134.0%

  • Revenue growth 50.0%
Growth year by year: revenue +50.0% in FY26, profit −134.0%
QuarterRevenue growth
FY16110%
FY1738.1%
FY1824.1%
FY19−5.6%
FY20−26.5%
FY2140%
FY2248.6%
FY2326.9%
FY2442.4%
FY2574.5%
FY2650%

Profit growth, EPS growth

  • Profit growth −134%
  • EPS growth −131.9%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY16100%170%
FY17100%96.3%
FY1850%−5.7%
FY19−66.7%−76%
FY20−300%−300%
FY21––
FY22––
FY2366.7%51.1%
FY24120%122.1%
FY25113.6%57.6%
FY26−134%−131.9%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn. Turnaround-year jumps are drawn at the edge (▲).

Three growth lines over twelve quarters: revenue accelerating, profit accelerating

  • Revenue 252.9%
Three growth lines over twelve quarters: revenue accelerating, profit accelerating
QuarterRevenue
Dec 202334.1%
Mar 202442%
Jun 202463.5%
Sep 202486.9%
Dec 202492.7%
Mar 202573.6%
Jun 202537.1%
Sep 20259.2%
Dec 202514.4%
Mar 202650%
Jun 2026130.8%
Sep 2026252.9%

Profit, EPS

  • Profit 300%
  • EPS 300%
Profit, EPS
QuarterProfitEPS
Dec 2023133.9%−26.3%
Mar 2024114.3%−25.9%
Jun 202477%−26.2%
Sep 202480.9%−19.9%
Dec 202476.7%55.6%
Mar 2025109%77.5%
Jun 202534.6%6.4%
Sep 2025−68.8%−78%
Dec 2025−121.1%−118.3%
Mar 2026−133.3%−129.1%
Jun 2026−11.4%−19%
Sep 2026300%300%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. Extreme jumps from a tiny base are drawn at the edge (▲). A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 9.3%
ROCE: the return line, worked out each quarter
QuarterROCE
Dec 202344.8%
Mar 202426.8%
Jun 202433.3%
Sep 202414.6%
Dec 202417.9%
Mar 20258.3%
Jun 20256.2%
Sep 20251.9%
Dec 2025−0.1%
Mar 2026−0.5%
Jun 20263.6%
Sep 20269.3%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
RisingRevenue growth · latest +252.9%, range +9.2% to +252.9%
RisingProfit growth · latest +1,070.0%, range −133.3% to +1,070.0%
FlatEPS growth · latest +1,166.7%, range −129.1% to +1,166.7%
RisingROCE · latest 9.3%, range −0.5% to 44.8%

Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue+50.0%+55.0%+47.7%+27.9%
Share price+68.8%+116.4%+155.2%—
+409.1%Revenue growth (Sep 2026) · latest quarter against a year ago
27.9%Revenue, 10 years · yearly growth over the long run

How much does E2E Networks earn on its capital?

E2E Networks Ltd earned a ROCE of −1% in FY26. That is up from a low of −37% in FY20. Its return on capital used (ROIC) is 4.5 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

It comes from a −6.5% net margin and 0.11× asset turnover (sales divided by assets).

Why the return is what it is (FY26): a −6.5% net margin × 0.11× asset turnover × 1.38× leverage (assets divided by equity) ≈ −1.0% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: 7.5% − 12.0% = −4.5 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

The 7.5% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at −4.8%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

FY26: ROCE −1%, the climb back from FY20's −37%

  • ROCE −1%
  • ROIC (annual) −4.8%
  • Cost of capital 12%
FY26: ROCE −1%, the climb back from FY20's −37%
QuarterROCEROIC (annual)Cost of capital
FY11−5%–12%
FY1644%–12%
FY1754%–12%
FY1854%–12%
FY199%–12%
FY20−37%–12%
FY21−5%–12%
FY2215%18.2%12%
FY2329%28.9%12%
FY2425%19.5%12%
FY258%10.8%12%
FY26−1%−4.8%12%
Return on capital employed each year, % (line); ROIC each year, % (line). 12-year window, low years included. The flat line is the 12.0% cost of capital used on this page.

Q2 FY27: ROCE 6.7% (last 12 months) against a 12.0% cost of capital

  • ROCE (12 months) 6.7%
  • ROIC (12 months) −0.4%
  • Cost of capital 12.0%
Q2 FY27: ROCE 6.7% (last 12 months) against a 12.0% cost of capital
QuarterROCE (12 months)ROIC (12 months)Cost of capital
Q3 FY24–47.9%12%
Q4 FY2416.3%54.5%12%
Q1 FY25–51.6%12%
Q2 FY257.9%37.3%12%
Q3 FY25–28.8%12%
Q4 FY252.2%18.1%12%
Q1 FY26–12.7%12%
Q2 FY26−2.3%1.2%12%
Q3 FY26–−8.1%12%
Q4 FY26−2.4%−10.7%12%
Q1 FY27–−8.8%12%
Q2 FY276.7%−0.4%12%
ROCE and ROIC over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does E2E Networks have too much debt?

E2E Networks Ltd has total debt of ₹497 Cr against shareholder equity of ₹1,804 Cr as of Sep 2026, so its debt is 0.28× its equity, which is very little. Year by year, that ratio went from 0.05 in FY22 to 0.09 in FY26. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY26: debt ₹159 Cr, 0.09× equity

  • Total debt ₹159
FY26: debt ₹159 Cr, 0.09× equity
QuarterTotal debt
FY22₹2
FY23₹6
FY24₹144
FY25₹73
FY26₹159

Debt-to-equity

  • Debt-to-equity 0.09×
Debt-to-equity
QuarterDebt-to-equity
FY220.05×
FY230.12×
FY242.03×
FY250.05×
FY260.09×
Top: total debt each year, ₹ Cr. Below: debt-to-equity, ×. 5-year window.

Sep 2026: debt ₹497 Cr, debt-to-equity 0.28

  • Total debt (quarterly) ₹497
Sep 2026: debt ₹497 Cr, debt-to-equity 0.28
QuarterTotal debt (quarterly)
Dec 2023₹23
Mar 2024₹144
Jun 2024₹144
Sep 2024₹181
Dec 2024₹181
Mar 2025₹73
Jun 2025₹73
Sep 2025₹160
Dec 2025₹160
Mar 2026₹159
Jun 2026₹159
Sep 2026₹497

Debt-to-equity

  • Debt-to-equity 0.28×
Debt-to-equity
QuarterDebt-to-equity
Dec 20230.37×
Mar 20242.03×
Jun 20242.03×
Sep 20240.37×
Dec 20240.37×
Mar 20250.05×
Jun 20250.05×
Sep 20250.10×
Dec 20250.10×
Mar 20260.09×
Jun 20260.09×
Sep 20260.28×
Top: total debt each quarter, ₹ Cr. Below: debt-to-equity, ×. Last 12 quarters. Indian companies report the full balance sheet every six months, so the quarter in between repeats the last reading.

What is the E2E Networks shareholding pattern?

Promoters cut their stake in E2E Networks Ltd by 4.4 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 39.4% of the company. Domestic institutions moved +2.0 points over the same period, to 5.6%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Promoters: −4.4 points over 8 quarters, to 39.4%; Domestic institutions: +2.0 points over 8 quarters, to 5.6%; Foreign institutions: −0.5 points over 8 quarters, to 2.5%.

Why the owners changed: promoters drove it (−4.4 points), with the other side taken by domestic institutions (+2.0 points). They reduced their stake.

Year ends: promoters −20.3 points from Mar 2024 to Mar 2026

  • Promoters 39.45%
  • Foreign inst. 0.91%
  • Domestic inst. 6.58%
  • Public 52.98%
Year ends: promoters −20.3 points from Mar 2024 to Mar 2026
QuarterPromotersForeign inst.Domestic inst.Public
Mar 202459.71%1.67%5.75%32.65%
Mar 202543.6%3.82%3.8%48.65%
Mar 202639.45%0.91%6.58%52.98%
Shareholding at each year end (March quarter), % of the company. 3 year ends on file.

Promoters cut their stake by 4.4 points over 8 quarters

  • Promoters 39.4%
  • Foreign inst. 2.53%
  • Domestic inst. 5.64%
  • Public 52.38%
Promoters cut their stake by 4.4 points over 8 quarters
QuarterPromotersForeign inst.Domestic inst.Public
Dec 202359.71%1.68%6.09%32.22%
Mar 202459.71%1.67%5.75%32.65%
Jun 202459.66%1.28%4.31%34.6%
Sep 202451.56%3.39%4.11%40.83%
Dec 202443.83%3.04%3.67%49.41%
Mar 202543.6%3.82%3.8%48.65%
Jun 202540.61%2.97%3.48%52.85%
Sep 202540.35%2.48%4.07%52.52%
Dec 202540.3%0.97%5.57%53.07%
Feb 202639.45%1.42%6.59%52.44%
Mar 202639.45%0.91%6.58%52.98%
Jun 202639.45%1.27%6.07%53.15%
Sep 202639.4%2.53%5.64%52.38%
Shareholding by owner group, % of the company, each quarter, last 13 quarters.

How far is E2E Networks from balance-sheet trouble?

For E2E Networks Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

How does E2E Networks rank in its industry?

59.4 out of 100, rank 1 of 5 in Data Centre, with 74% of the evidence available.

E2E Networks Ltd scores 59.4 out of 100 against the 5 companies it is compared with in Data Centre, ranking 1. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

The four parts add up to the total exactly: 27.6 + 9.3 + 8.5 + 14 = 59.4. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is E2E Networks compared with?

E2E Networks ranks 1 of 5 Data Centre companies on the 4-Factor Sector Score, with 59.4 out of 100.

  1. 1E2E Networks Ltd this pageE2E · leader · Evidence leans up · 74% evidence59.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 27.6/35 · Revenue 100% · Profit 100% · Operating margin change 36 points · 74% evidenceCapital efficiency 9.3/25 · ROCE -0.5% · Operating margin 77% · 100% evidenceValuation 8.5/20 · P/E 91.2× · PEG — · 15% evidenceRelative strength 14.0/20 · Lead over its industry 35% · Lead over NIFTY 500 44.3% · 1 year 68.3% · 100% evidence · 12 of 12 weeks aheadExact sum: 27.6 + 9.3 + 8.5 + 14 = 59.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  2. 2Netweb Technologies India LtdNETWEB · losing its lead · Evidence leans up · 83% evidence54.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 20.1/35 · Revenue 100% · Profit 100% · Operating margin change 0 points · 100% evidenceCapital efficiency 17.4/25 · ROCE 37.5% · Operating margin 15% · 100% evidenceValuation 9.3/20 · P/E 67.8× · PEG — · 15% evidenceRelative strength 8.1/20 · Lead over its industry -2.2% · Lead over NIFTY 500 9.5% · 1 year 3.3% · 100% evidence · 9 of 12 weeks aheadExact sum: 20.1 + 17.4 + 9.3 + 8.1 = 54.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  3. 3Black Box LtdBBOX · turning · Evidence leans up · 96% evidence51.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 12.2/35 · Revenue 12.2% · Profit 6.1% · Operating margin change 1 points · 88% evidenceCapital efficiency 15.3/25 · ROCE 21.6% · Operating margin 9% · 100% evidenceValuation 4.5/20 · P/E 49.5× · PEG 2.36 · 100% evidenceRelative strength 19.2/20 · Lead over its industry 8.9% · Lead over NIFTY 500 20.5% · 1 year 50.1% · 100% evidence · 3 of 12 weeks aheadExact sum: 12.2 + 15.3 + 4.5 + 19.2 = 51.2 · What this means: Relative strength against the index is 20.5%, and revenue and profit growth are weak.
  4. 4Anant Raj LtdANANTRAJ · quiet · Evidence leans down · 93% evidence45.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 22.4/35 · Revenue 12.3% · Profit 21.3% · Operating margin change 3 points · 100% evidenceCapital efficiency 11.8/25 · ROCE 12.1% · Operating margin 30% · 100% evidenceValuation 10.2/20 · P/E 27× · PEG 1.81 · 65% evidenceRelative strength 0.8/20 · Lead over its industry -25.2% · Lead over NIFTY 500 -13.9% · 1 year -30.6% · 100% evidence · 8 of 12 weeks aheadExact sum: 22.4 + 11.8 + 10.2 + 0.8 = 45.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  5. 5Techno Electric & Engineering Company LtdTECHNOE · quiet · Evidence leans down · 81% evidence41.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 9.8/35 · Revenue 38.7% · Profit -6.5% · Operating margin change -2 points · 88% evidenceCapital efficiency 12.1/25 · ROCE 14.9% · Operating margin 16% · 100% evidenceValuation 11.9/20 · P/E 22.4× · PEG 1.63 · 100% evidenceRelative strength 7.5/20 · Lead over its industry — · Lead over NIFTY 500 -18.8% · 1 year -37.1% · 25% evidence · 0 of 12 weeks aheadExact sum: 9.8 + 12.1 + 11.9 + 7.5 = 41.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. 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 path the industry 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 growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Data Centre, all 5 compared on one page.

Which companies are close to E2E Networks in size?

E2E Networks is the 4th largest of 5 Data Centre companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Netweb Technologies India, Anant Raj and Black Box. Just below it: Techno Electric & Engineering Company.

Data Centre companies close in size

  1. Netweb Technologies India Ltd ₹24,805 crore
  2. Anant Raj Ltd ₹16,097 crore
  3. Black Box Ltd ₹14,150 crore
  4. E2E Networks Ltd ₹10,698 crore
  5. Techno Electric & Engineering Company Ltd ₹9,645 crore

All 5 Data Centre companies, largest first

Companies close in size in other industries

  1. PCBL Chemical Ltd ₹10,897 crore · Carbon Black
  2. Trident Ltd ₹10,788 crore · Textiles - Home Textile
  3. E2E Networks Ltd ₹10,698 crore
  4. EID Parry (India) Ltd ₹10,685 crore · Sugar
  5. Cartrade Tech Ltd ₹10,646 crore · Platform - Others

What else do people ask about E2E Networks?

What were E2E Networks's latest quarterly results?

E2E Networks Ltd reported revenue of ₹224 Cr and net profit of ₹73.0 Cr for the Sep 2026 quarter. Earnings per share were ₹3.54. The operating margin was 77.0%, 36.0 percentage points higher than a year earlier (as of 4 November 2026).

What is E2E Networks's market cap?

E2E Networks Ltd's market capitalisation is ₹10,685 Cr at a share price of ₹519.35. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is E2E Networks performing?

E2E Networks Ltd's share price has been rising for 26 weeks. Over the past 13 weeks it has done worse than the NIFTY 500, for 2 weeks running. This describes what the data did, not a rating (as of 4 November 2026).

Will E2E Networks's share price go up?

This page does not forecast E2E Networks Ltd's share price. What it shows instead: the share price is ₹519.35, and it has been rising for 26 weeks. Its P/E of 91.1× is higher than 62% of its own last 8 years (as of 4 November 2026).

Who owns E2E Networks?

Promoters own 39.4% of E2E Networks Ltd, foreign institutions 2.5%, domestic institutions 5.6% and the public 52.4% (latest quarter). The biggest change over the last two years: Promoters cut their stake by 4.4 percentage points over 8 quarters (as of 4 November 2026).

Does E2E Networks have too much debt?

No, E2E Networks Ltd has little debt: its debt is 0.09× its equity, and its operating profit is 11 times its interest bill. FY26 borrowings were ₹159 Cr against equity of ₹1,685 Cr.

So the returns on this page come from the business, not borrowed money (as of 4 November 2026).

Is E2E Networks's profit real cash?

Yes, over the last 3 years, 211% of E2E Networks Ltd's reported profit came in as cash from operations. The latest year was lower at -762%, so the trend is worth watching. In FY26, operating cash was ₹122 Cr against reported profit of −₹16.0 Cr.

Most of that cash then goes into building new capacity. These are yearly figures (as of 4 November 2026).

Where is E2E Networks in its business cycle?

E2E Networks Ltd's FY26 operating margin was 51.0%, against a 13-year range of −4.8% to 61.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 77.0%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the E2E Networks story?

The main question: the share price moved +68.8% in a year while yearly earnings per share moved −131.9%. The difference came from the market paying a higher multiple.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is E2E Networks a stock worth studying right now?

What the numbers show: E2E Networks Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether earnings grow into a price that has already moved.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Is there a E2E Networks share price forecast for 2026?

What management itself guided: Nearly ₹1,000 crore sovereign AI contract through June 2029.

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

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