⚡ Flash Summary

Supernet Limited’s corporate briefing session presentation for 2025 reveals a year of substantial growth. Revenue increased by 9% year-over-year to PKR 9,269 million, driven by surging broadband subscriptions and digital transformation. The company secured long-term contracts in high-demand areas like cybersecurity and IT infrastructure. Net profit also saw a significant jump of 96% to PKR 473 million, resulting in an EPS of PKR 3.79.

📌 Key Takeaways

• 🚀 Revenue grew by 9% YoY, reaching PKR 9,269 million in 2025.
• 💰 Gross profit surged by 31% to PKR 1,832 million, reflecting improved operational efficiency.
• 📈 Gross profit margin increased from 16% to 20%, indicating a healthier revenue stream.
• 🔒 Supernet secured a total contract value of PKR 9,957m+ across all business lines.
• 🌐 Connectivity portfolio witnessed a PKR 4,701 Mn boost with strategic banking network deals.
• 🛡️ High-margin cybersecurity projects yielded PKR 1,750 Mn through large-scale wins.
• 🏦 Recurring revenue is strong, with PKR 81 million in monthly billing from long-term contracts.
• 🤝 The company added Karakoram Cooperative Bank and other new clients to its portfolio.
• 💡 Operating profit rose by 68% to PKR 868 million, showcasing enhanced profitability.
• 💸 EBITDA increased to PKR 1,041 million, reflecting strong operational performance.
• ⭐ EPS soared to PKR 3.79, marking a significant increase from PKR 1.93 in the previous year.
• 💼 Strategic merger with Supernet Technologies Limited is underway, aiming to enhance stakeholder value.
• 🌍 Supernet is strategically expanding into international markets, leveraging its UAE presence.
• 🌱 Supernet is focused on providing IT Infrastructure, Cybersecurity & Green Energy Solutions, addressing critical market demands.
• 🔮 2026 Outlook foresees stable dollar, lower inflation, and increased ICT spending.

🎯 Investment Thesis

BUY. Supernet’s strong financial performance in 2025, driven by strategic growth in cybersecurity and IT infrastructure, makes it an attractive investment. The company’s focus on high-margin services, international expansion, and long-term contracts supports a positive outlook. The upcoming merger with Supernet Technologies Limited is expected to further enhance shareholder value. Given the increased EPS and positive growth trajectory, a price target of PKR 5.00 is set, with a time horizon of 12-18 months.