Supernet enters growth phase with Rs9.2bn revenue, expands cybersecurity, telecom footprint

ISLAMABAD, Apr 07 (APP):Supernet Technologies Limited (STL) has entered a new growth phase, reporting Rs9.2 billion in revenue for FY2025 and building a multi-billion-rupee project pipeline as it scales up its presence in cybersecurity, telecom, and digital infrastructure across the telecom, banking, and defence sectors.

The expansion follows the company’s transition to the Main Board of the Pakistan Stock Exchange (PSX).

During an investor briefing session, the company said that following the merger of Supernet Limited into STL, the combined entity is now operating at a significantly larger scale, with enhanced market visibility, improved liquidity, and a stronger platform to attract both institutional and retail investors.

Supernet stated that its FY2025 revenues were broadly distributed across its core verticals, with over Rs4.2 billion generated from services revenue (connectivity and telecom-related projects) and more than Rs5 billion from non-service revenue, including cybersecurity, IT infrastructure, and enterprise solutions.

Historically, between 2021 and 2025, service revenue grew at a compound annual growth rate (CAGR) of approximately 21%, while non-service revenue recorded a higher CAGR of around 65%. In terms of currency exposure, nearly 90% of non-service revenue is denominated in US dollars, while about 50% of service revenue is billed in dollars.

The company has secured multiple long-term contracts in satellite services, defence communications, optical fibre deployment, and managed network services. Management highlighted that a growing share of its business is anchored in multi-year, recurring revenue streams. Annualised service revenues are projected to reach close to Rs6 billion in FY2026, reflecting a 40% year-on-year increase, supported by long-term contracts with telecom operators, enterprise clients, and public-sector organisations.

Looking ahead, Supernet indicated a robust near-term pipeline, with multimillion-dollar projects in the non-service segment, particularly in cybersecurity and infrastructure across enterprise, banking, telecom, and defence sectors.

On the international front, the company said it is actively expanding its regional footprint through its Dubai platform, where it has established a data and internet point of presence and onboarded senior international leadership. It has also secured a multi-million-dollar, three-year contract with a US-based telecom operator, while initiating market entry activities in Africa and other regional markets.

Supernet noted that demand across its core segments continues to strengthen, driven by increasing enterprise focus on digital infrastructure, cybersecurity, network resilience, and business continuity solutions. Management views the company as a high-growth player in digital infrastructure, connectivity, and cybersecurity.

The company added that its transition to the PSX Main Board marks a strategic inflexion point, with the post-merger structure increasing free float to around 40%, a move expected to enhance trading liquidity and broaden investor participation.

“With a diversified contract base, strong recurring revenue visibility, and a growing international footprint, Supernet is entering a new phase of scalable and sustainable growth,” the company said.