KARACHI: Supernet Technologies Limited (STL) is entering a new growth phase, reporting Rs9.2 billion in revenue for FY2025 and building a multi-billion project pipeline as it expands its footprint in cybersecurity, telecom, and digital infrastructure across the banking, defence, and telecom sectors.
The company’s growth momentum comes alongside its transition to the Main Board of the Pakistan Stock Exchange (PSX).
In a briefing for investors, STL highlighted that following the merger of Supernet Limited into the listed entity, the combined company now operates at a larger scale, with improved market visibility, stronger liquidity, and enhanced ability to attract both institutional and retail investors.
The company’s FY2025 revenues were split across its core verticals, with services revenue from connectivity and telecom projects reaching over Rs4.2 billion, and non-service revenue—covering cybersecurity, IT infrastructure, and enterprise solutions—exceeding Rs5 billion. Between 2021 and 2025, STL’s service revenue grew at a compound annual growth rate (CAGR) of around 21percent, while non-service revenue expanded at a CAGR of approximately 65percent. Notably, about 90percent of non-service revenue is USD-denominated, while roughly half of service revenue is billed in USD.
STL has secured multiple long-term contracts spanning satellite services, defence communications, optical fibre deployment, and managed network services. Management said a growing portion of the business is anchored in multi-year, recurring revenue streams, projecting close to Rs6 billion in annualized service revenue in FY2026—a 40 percent year-on-year increase.
Looking ahead, the company expects a robust near-term pipeline with multimillion-dollar projects in cybersecurity and IT infrastructure across enterprise, banking, telecom, and defence segments.
Internationally, STL is expanding its presence through a Dubai-based platform, establishing a data and internet point of presence, onboarding senior leadership, and securing a multi-million-dollar, three-year contract with a US telecom operator. The company is also exploring market opportunities in Africa and other regional markets.
STL said demand for its solutions continues to strengthen, driven by enterprise focus on digital infrastructure, cybersecurity, network resilience, and business continuity. The company described itself as a high-growth player in digital infrastructure, connectivity, and cybersecurity.
The transition to the PSX Main Board is expected to increase free float to around 40percent, enhancing trading liquidity and broadening 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.
Copyright Business Recorder, 2026
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