Note: P/E (~180x) sits on a thin FY26 profit after the stock re-rated ~8x in a year (52W low Rs 84.6); market cap re-checked against Screener on 14 Oct 2026 (~Rs 47,500 Cr); FY24-25 net losses reflect OFC industry pricing downcycle; FY26 returned to profit
Market cap, ratios, CAGR and revenue: company table snapshot as of 30 Oct 2026 (the same figures on every page). Price: snapshot as of 30 Oct 2026. Not investment advice.
Where it fits
Connects the campus to the fibre backbone and other data centres for low-latency interconnect - the layer that makes a data centre useful beyond its own four walls.
Why it matters
Compute is only valuable if it can reach users and other systems quickly; interconnect quality determines latency-sensitive workload viability.
Where the value pool sits
Fibre and networking-equipment makers sell both backbone-capacity buildout and ongoing capacity upgrades as traffic grows.