Supernet Technologies Limited (STL) has reported a growth phase with projected revenues of Rs 9.2 billion for FY2025 and a multi-billion-dollar project pipeline. The company is focusing on cybersecurity, telecom, and digital infrastructure across various sectors, including banking and defense, following its transition to the Main Board of the Pakistan Stock Exchange (PSX).

After merging with Supernet Limited, STL now operates on a larger scale, enhancing market visibility and attracting both institutional and retail investors. The company’s FY2025 revenues comprise over Rs4.2 billion from services and over Rs5 billion from non-service revenue, such as cybersecurity and IT infrastructure. From 2021 to 2025, service revenue has grown at a CAGR of ~21%, while non-service revenue has grown at ~65%.

Approximately 90% of non-service revenue and 50% of service revenue are USD-denominated. STL has secured long-term contracts in satellite services, defence communications, and managed network services. The company anticipates close to Rs6 billion in annualised service revenues for FY2026, indicating 40% growth YoY from long-term contracts. Looking ahead, Supernet has a robust pipeline of multi-million USD projects in its non-service segment, particularly in cybersecurity and infrastructure across various sectors.

Additionally, it is expanding internationally through a platform in Dubai and has secured a multi-million-dollar contract with a US telecom operator. The demand for digital infrastructure and cybersecurity continues to rise, positioning Supernet as a high-growth company in these areas. The transition to the PSX Main Board increases free float to around 40%, enhancing trading liquidity and investor participation. Overall, Supernet aims to achieve scalable, sustainable growth through a diversified contract base and strong visibility into recurring revenue.