Supernet Technologies Limited (STL) is building a substantial new business pipeline valued in the billions across its cybersecurity and digital infrastructure divisions after reporting total revenues of Rs 9.2 billion for the fiscal year 2025, a development that coincides with its strategic move to the Main Board of the Pakistan Stock Exchange (PSX).
The technology firm, following its merger with Supernet Limited, stated the unified entity is now functioning at a considerably larger scale with greater market visibility, better liquidity, and a more robust platform for attracting both institutional and retail investors, according to a report today.
The company”s FY 2025 revenues were broadly distributed across its main verticals. Service-related income from connectivity and telecommunication projects accounted for over Rs 4.2 billion, while non-service revenue, which includes orders for cybersecurity, IT infrastructure, and enterprise solutions, exceeded Rs 5 billion.
Analysis of the period from 2021 to 2025 shows service revenue has grown at a compound annual growth rate (CAGR) of approximately 21%, whereas non-service income registered a significantly higher CAGR of around 65%. In terms of currency, about 90% of non-service revenue and approximately 50% of service revenue are denominated in USD.
Supernet has secured several long-term agreements in satellite services, defence communications, optical fibre deployment, and managed network services. Management highlighted that a significant and growing portion of its business is now based on multi-year, recurring income streams. The company has secured nearly Rs 6 billion in annualized service revenues for FY 2026, marking a 40% year-on-year growth from long-term contracts with telecom operators, corporate clients, and public-sector organisations.
Looking forward, Supernet reported a strong near-term pipeline featuring multimillion-dollar projects in its non-service segment, with opportunities linked to cybersecurity and infrastructure in the enterprise, banking, telecommunications, and defence sectors.
On the global stage, the company is expanding its regional presence through its Dubai platform, where it has set up a data and internet point of presence and appointed senior international leadership. Supernet has also secured a multi-million-dollar, three-year contract with a US-based telecom operator and is initiating market entry into Africa and other regional territories.
The company noted that demand in its core segments remains strong, propelled by an increasing corporate focus on digital infrastructure, cybersecurity, network resilience, and business continuity solutions. The management positions the firm as a high-growth player in digital infrastructure, connectivity, and cybersecurity.
According to the company, its transition to the PSX Main Board is a strategic turning point. The post-merger structure has increased its free float to approximately 40 percent, a move anticipated to boost trading liquidity and widen 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 stated.