AI Data Centers Fuel Zetwerk's $2B+ FY26 Revenue Goal; IPO Planned

Business
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Moneycontrol•15-12-2025, 14:07
AI Data Centers Fuel Zetwerk's $2B+ FY26 Revenue Goal; IPO Planned
- •Zetwerk expects over $2 billion in revenue by FY26, driven by demand from AI-led data centers and global infrastructure buildouts.
- •Energy-related manufacturing, including transformers and renewable components, contributes nearly 40% of revenue and is growing at 100% year-on-year.
- •The company benefits from the surge in power and grid equipment demand for data centers, acting as an extended supply chain partner.
- •Zetwerk is expanding its electronics manufacturing footprint, producing laptops, wearables, and PCBs, supported by India's PLI schemes.
- •The company is preparing for an IPO, aiming to raise up to $750 million, potentially in early 2026, and is currently EBITDA profitable.
Why It Matters: AI demand is fueling massive growth in industrial manufacturing and infrastructure.
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