Supernet builds multi-billion pipeline on PSX main board move

April 7, 2026 (MLN): Supernet Technologies Limited (STL) has entered a new growth phase with Rs9.2 billion in FY2025 revenue and a multi-billion project pipeline, as the company scales up its presence across cybersecurity, telecom and digital infrastructure

across telecom, banking, and defense segments, as the company positions itself for its next phase of growth following its transition to the Main Board of the Pakistan Stock Exchange (PSX).

In an investors 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 said its revenues of FY 2025 were broadly split across its core verticals, with over Rs4.2bn secured in Services revenue (connectivity and telecom-related projects), and more than Rs5bn in non-service revenue which covers orders in cybersecurity, IT infrastructure and enterprise solutions.

Historically, for the period 2021 - 2025, service revenue has grown at a CAGR of ~21%, while non-service revenue has recorded a higher CAGR of ~65%. In terms of currency exposure, around

90% of non-service revenue is USD-denominated, while approximately 50% of service revenue is billed in USD.

The company has secured multiple long-term contracts in satellite services, defense communications, optical fiber deployment, and managed network services.

Management emphasized that a growing portion of its business is now anchored in multi-year, recurring revenue streams, with close to Rs6bn in annualized service revenues in FY 2026 showed 40% growth YoY secured through long-term contracts across telecom operators, enterprise clients and public-sector organizations.

Looking ahead, Supernet indicated a robust near-term pipeline, with over multimillion USD projects in Non service segment which includes cybersecurity and infrastructure in enterprise, banking, telco and defence linked opportunities. 

On the international front, Supernet said it is actively building its regional footprint through its Dubai platform, where it has established a data and internet point of presence and onboarded senior international leadership.

The company 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.

The management view the company as a high-growth digital infrastructure, connectivity and cybersecurity play.

The company said its transition to the PSX Main Board marks a strategic inflection point, with the post-merger structure increasing free float to around 40 percent, 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.

Copyright Mettis Link News