Mumbai

E2E Networks, a cloud infrastructure provider backed by Larsen & Toubro, will be a key focus in the markets on Wednesday, September 3, 2025, after securing a ₹177 crore order from the Ministry of Electronics and IT (MeitY) under the IndiaAI Mission for provisioning GPU resources.

The IndiaAI Mission order: What it includes

The company will supply H200 SXM and H100 SXM GPUs for a duration of 360 days, delivering a total of 12,994,560 GPU hours. These high-performance GPU resources will support the development of India’s foundational AI model under the IndiaAI Mission.

Strategic significance for the AI ecosystem

This deal enhances E2E Networks’ positioning within India’s AI infrastructure ecosystem and marks a pivotal step in advancing national AI capabilities. The IndiaAI Mission, launched in 2024, is backed by a ₹10,300 crore fund to build one of the world’s most extensive GPU-based AI compute platforms.

Company overview: A hyperscale AI cloud provider

E2E Networks is a NSE-listed hyperscale cloud platform, MeitY-empaneled, offering advanced GPU infrastructure and a full-stack ecosystem tailored for AI, ML, and generative AI workloads. Superior offerings include the TIR platform and sovereign cloud solutions.

Market and stock performance indicators

The stock has already delivered exceptional returns—reportedly over 9054% in the past five years. This reflects its rally from modest levels to marketplace prominence.
Recent trading data shows strong momentum with valuations under close watch.
Additional metrics from market platforms indicate:

  • Market cap around ₹4,600 crore

  • Current share price near ₹2,400

  • P/E ratio ranging from ~97 to 123

  • Moderate ROE and ROCE in the single digits

    • Analyst view and institutional support

    InCred Equities has included E2E Networks in its high-conviction list as a structurally attractive AI infrastructure player, citing its comprehensive offerings, software strengths, and credibility from its L&T backing.

    Why it matters for investors

    This major government order creates strong visibility and revenue potential while further validating India’s push toward building world-class AI infrastructure. Given the company’s niche positioning and long-term performance, E2E Networks may continue drawing investor interest.