Deeptech
Zetwerk Makes Its Market Debut; Can Scale Alone Widen Its Thin Margins?

Zetwerk made its stock market debut on Friday, October 23, after evolving from a manufacturing marketplace into a full-stack manufacturing platform. In FY26 its revenue from operations rose 40.4 per cent to Rs 15,913 crore, but its consolidated net loss widened to Rs 1,606 crore. Operating cash outflow rose to Rs 682 crore, and the company's growing order book has yet to translate into stronger profitability.
Source: Inc42 ↗
🎧 Arjun & Meera on this story — from 1:05 in the 24 October 2026 episode