# E2E Networks share price today (E2E Networks Ltd, NSE: E2E) > E2E Networks share price today: ₹494.65 at the NSE close on 3 November 2026, up 59.9% in a year. E2E Networks (NSE: E2E) is worth ₹10,176 crore, trades at a P/E of 86.8 and has closed between ₹202.75 and ₹704.60 over the past 52 weeks. > E2E Networks Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. E2E · Data Centre · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/e2e-networks-ltd E2E Networks is one of the companies compared in a full read in the Sector Alpha newsletter: https://newsletter.sectoralpha.in/p/deep-dive-why-e2e-is-beating-nifty?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Turning around, from the last 12 quarters - Price: ₹494.65 (+59.9% in a year) - P/E: 86.8× (higher than 60% of the last 8.4 years) - Revenue (Sep 2026): ₹224 Cr (+409.1% on a year ago) - Profit (Sep 2026): ₹73.0 Cr - Operating margin: 77.0% (+36.0 points on a year ago) - ROCE: −1%, FY26 - ROIC: 7.5%, against a 12.0% cost of capital: −4.5 points The main question: the share price moved +59.9% in a year while yearly earnings per share moved −131.9%. The difference came from the market paying a higher multiple. ## What is the E2E Networks share price today? E2E Networks Ltd's share price was ₹494.65 at the close on 3 November 2026. It has been rising for 26 weeks. That is 6.5% 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 58% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 2 weeks running. Over the last 8.5 years the share price moved +6,358% 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 | Measure | July to September 2026 | July to September 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹224 crore | ₹44.0 crore | +409.1% | | Profit | ₹73.0 crore | loss of ₹13.0 crore | n/a | | Earnings per share | ₹3.54 | ₹−0.67 | n/a | | Operating margin | 77.0% | 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 ₹494.65 on 3 November 2026, up 59.9% from ₹309.26 a year earlier (31 October 2025) and up 10,205.2% over five years. Its highest weekly close since May 2018 was ₹704.60 on 9 October 2026. ### E2E Networks share price: then and now | When | Close | Change to 3 Nov 2026 | | --- | --- | --- | | 1 week ago · 23 Oct 2026 | ₹566.05 | −12.6% | | 1 month ago · 1 Oct 2026 | ₹648.00 | −23.7% | | 6 months ago · 30 Apr 2026 | ₹288.39 | +71.5% | | 1 year ago · 31 Oct 2025 | ₹309.26 | +59.9% | | 3 years ago · 3 Nov 2023 | ₹51.26 | +865.0% | | 5 years ago · 2 Nov 2021 | ₹4.80 | +10,205.2% | | Earliest weekly close in our records · 18 May 2018 | ₹7.66 | +6,357.6% | | Highest weekly close since May 2018, also the 52-week high · 9 Oct 2026 | ₹704.60 | −29.8% | | Lowest weekly close since May 2018 · 20 Mar 2020 | ₹1.36 | +36,271.3% | | 52-week low (weekly close) · 2 Jan 2026 | ₹202.75 | +144.0% | 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 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (444 weekly closes from 18 May 2018 to 3 November 2026.) ## What is the latest news on E2E Networks? 3 Nov 2026: E2E Networks closed at ₹494.65, down 12.6% on the week and down 23.7% 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 4 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](https://files.tijorifinance.com/insight/india/32989/Conference Call/CC-Oct26.pdf). (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. - 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. [AI & data centre stocks Group on the list: AI services revenue](https://www.sectoralpha.in/ai-stocks-india) ## 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. For the full year, FY26 profit was −₹16.0 Cr (−134.0% on the year 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. The last four reported quarters add to ₹547 Cr. FY26 revenue was ₹246 Cr, +50.0% on the year 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. 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. ## 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. 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. 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. 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. 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. 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 86.8×, in the middle of its own history: higher than 60% 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. Why the multiple is where it is: over the past year earnings per share moved −131.9% while the price moved +59.9%. 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 +152.7% a year; about +116.5% a year came from earnings growth and about +36.2 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. 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. ## 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. 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. ## 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. ## 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. 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. ## 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. ## 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. E2E Networks Ltd this page E2E · leader · Evidence leans up · 74% evidence 59.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.6/35 · Revenue 100% · Profit 100% · Operating margin change 36 points · 74% evidence Capital efficiency 9.3/25 · ROCE -0.5% · Operating margin 77% · 100% evidence Valuation 8.5/20 · P/E 91.2× · PEG n/a · 15% evidence Relative 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 ahead Exact 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. [Netweb Technologies India Ltd](https://www.sectoralpha.in/stocks/netweb-technologies-india-ltd) NETWEB · losing its lead · Evidence leans up · 83% evidence 54.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.1/35 · Revenue 100% · Profit 100% · Operating margin change 0 points · 100% evidence Capital efficiency 17.4/25 · ROCE 37.5% · Operating margin 15% · 100% evidence Valuation 9.3/20 · P/E 67.8× · PEG n/a · 15% evidence Relative 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 ahead Exact 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. [Black Box Ltd](https://www.sectoralpha.in/stocks/black-box-ltd) BBOX · turning · Evidence leans up · 96% evidence 51.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.2/35 · Revenue 12.2% · Profit 6.1% · Operating margin change 1 points · 88% evidence Capital efficiency 15.3/25 · ROCE 21.6% · Operating margin 9% · 100% evidence Valuation 4.5/20 · P/E 49.5× · PEG 2.36 · 100% evidence Relative 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 ahead Exact 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. [Anant Raj Ltd](https://www.sectoralpha.in/stocks/anant-raj-ltd) ANANTRAJ · quiet · Evidence leans down · 93% evidence 45.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.4/35 · Revenue 12.3% · Profit 21.3% · Operating margin change 3 points · 100% evidence Capital efficiency 11.8/25 · ROCE 12.1% · Operating margin 30% · 100% evidence Valuation 10.2/20 · P/E 27× · PEG 1.81 · 65% evidence Relative 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 ahead Exact 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. [Techno Electric & Engineering Company Ltd](https://www.sectoralpha.in/stocks/techno-electric-engineering-company-ltd) TECHNOE · quiet · Evidence leans down · 81% evidence 41.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 9.8/35 · Revenue 38.7% · Profit -6.5% · Operating margin change -2 points · 88% evidence Capital efficiency 12.1/25 · ROCE 14.9% · Operating margin 16% · 100% evidence Valuation 11.9/20 · P/E 22.4× · PEG 1.63 · 100% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -18.8% · 1 year -37.1% · 25% evidence · 0 of 12 weeks ahead Exact 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](https://www.sectoralpha.in/sectors/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](https://www.sectoralpha.in/stocks/netweb-technologies-india-ltd) ₹24,805 crore 2. [Anant Raj Ltd](https://www.sectoralpha.in/stocks/anant-raj-ltd) ₹16,097 crore 3. [Black Box Ltd](https://www.sectoralpha.in/stocks/black-box-ltd) ₹14,150 crore 4. E2E Networks Ltd ₹10,698 crore 5. [Techno Electric & Engineering Company Ltd](https://www.sectoralpha.in/stocks/techno-electric-engineering-company-ltd) ₹9,645 crore [All 5 Data Centre companies, largest first](https://www.sectoralpha.in/sectors/data-centre#all-companies) ### Companies close in size in other industries 1. [SG Mart Ltd](https://www.sectoralpha.in/stocks/sg-mart-ltd) ₹10,796 crore · Trading 2. [Trident Ltd](https://www.sectoralpha.in/stocks/trident-ltd) ₹10,788 crore · Textiles - Home Textile 3. E2E Networks Ltd ₹10,698 crore 4. [EID Parry (India) Ltd](https://www.sectoralpha.in/stocks/eid-parry-indialtd) ₹10,685 crore · Sugar 5. [Cartrade Tech Ltd](https://www.sectoralpha.in/stocks/cartrade-tech-ltd) ₹10,646 crore · Platform - Others ## What else do people ask about E2E Networks? ### What is E2E Networks's share price today? E2E Networks Ltd's share price is ₹494.65, +59.9% over the past year. The whole company is worth ₹10,176 Cr on the market. In the last 52 weeks it traded between ₹203 to ₹705; today it is 58% of the way up from the low, 6.5% above its 200-day average (as of 3 November 2026). ### 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 3 November 2026). ### What is E2E Networks's market cap? E2E Networks Ltd's market capitalisation is ₹10,176 Cr at a share price of ₹494.65. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 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 3 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 ₹494.65, and it has been rising for 26 weeks. Its P/E of 86.8× is higher than 60% of its own last 8 years (as of 3 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 3 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 3 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 3 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 3 November 2026). ### What could break the E2E Networks story? The main question: the share price moved +59.9% 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 3 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 3 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. ## Lists - AI & data centre stocks: https://www.sectoralpha.in/ai-stocks-india This is research, not advice. We’re not SEBI-registered.