Takyon Networks has secured a work order worth Rs 99,67,932.00 from Bharat Sanchar Nigam Limited for the maintenance of equipment and connectivity. The contract, awarded on June 2, 2026, spans a period of 12 months and is valued at Rs 99.67 lakh. This order reinforces the company's engagement with domestic telecommunications infrastructure projects.

The agreement specifically entails the Annual Maintenance Contract (AMC) of equipment and connectivity at 117 jails and courts. The execution timeline is set from September 30, 2025, to September 29, 2026. The disclosure regarding this significant development was submitted to BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Contract Details

The filing confirmed that the order has been awarded by a domestic entity and does not involve any related party transactions. Furthermore, the promoters, promoter group, or group companies of Takyon Networks do not hold any interest in the entity awarding the contract.

The intimation was signed by Manish Kumar Sharma, Managing Director of Takyon Networks. The company, formerly known as Takyon Networks Private Limited, is registered in Lucknow and operates a branch office in New Delhi.

Takyon Networks reported a consolidated revenue of ₹71.05 crore for the financial year 2026, with a PAT of ₹3.65 crore and an EPS of ₹3.29. The company’s operating margin for the full year stood at approximately 10%, with an EBITDA of ₹7.09 crore. For H2FY26, revenue was ₹28.97 crore, with an EBITDA of ₹1.61 crore and a PAT of ₹0.44 crore.

The company prioritized financial discipline during the second half, which was marked by severe supply chain constraints and component price inflation. Consequently, Takyon Networks reduced its total liabilities from ₹50 crore to ₹12.20 crore, a reduction of nearly 75%. Trade payables decreased from ₹30.21 crore to ₹3.77 crore, and the debt-to-equity ratio improved to 0.12, the lowest among its peer group.

Operational Highlights and Challenges

Management stated that H1FY26 was a period of strong operational execution, generating revenue of ₹42.08 crore with an EBITDA margin of nearly 13%. However, H2FY26 faced headwinds due to a global shift in manufacturing capacity toward AI infrastructure, which caused traditional IT networking component prices to rise by 40% to over 300%. Component lead times extended from 8–12 weeks to as long as 52 weeks.

To preserve capital, the company deferred the execution of fixed-price contracts that had become financially unviable due to cost inflation. Management emphasized that there were no execution failures or project cancellations, and the company retained its market share and customer base.

Financial Performance

Future Outlook and Order Book

Takyon Networks has entered FY27 with a confirmed executable order book of ₹32 crore as of March 31, 2026. The company has secured fresh orders worth ₹3.2 crore in the subsequent 45 days. Management expects FY27 revenue to be meaningfully higher than FY26 and aims to surpass FY24-25 numbers by approximately 15%. The sustainable EBITDA margin target for the coming year is set between 11% and 13%.

To mitigate future supply chain risks, the company has diversified its vendor base, incorporated price escalation clauses into new contracts, and shifted procurement toward Make in India product lines. Geographically, the firm is expanding its focus in the West region, specifically Mumbai, to address BFSI customers, and in East India, including the seven sister states.