Sattrix lands ₹9.30 cr three-year cybersecurity contract from PSU bank
The managed security services deal covers a cyber defence centre for a leading public sector bank, adding about 15% to FY26 revenue and deepening BFSI presence for the nano-cap firm.
— 1 earlier story on Sattrix Information Security Ltd. →What's new
- Won ₹9.30 cr contract to operate a cyber defence centre for a leading PSU bank.
- Three-year engagement extends Sattrix’s BFSI footprint.
- Order represents ~15% of FY26 revenue of ₹60.83 cr.
Why this matters
For a nano-cap with a market cap of ₹412 cr, a single order of this size provides material revenue visibility over three years. More importantly, it signals that large financial institutions are trusting Sattrix with critical security operations, a credibility boost that could unlock further BFSI mandates.
What we're watching
- Whether this leads to repeat orders from the same bank.
- Execution margins on managed security services, typically higher than product revenue.
- Any further BFSI wins in the coming quarters.
The full read
Sattrix Information Security has locked in a ₹9.30 crore managed security services contract from a leading Indian public sector bank, covering three years of operating a cyber defence centre. That is 15% of the company’s ₹60.83 crore FY26 revenue, and the second large BFSI win this fiscal after July’s ₹12.51 crore order. For a nano-cap with a ₹412 crore market cap, a single contract of this size provides rare revenue visibility. It also signals that large financial institutions are willing to outsource core security operations to Sattrix: a trust endorsement that opens doors. The open question is whether this becomes a repeat revenue stream rather than a one-off. Either way, the order book just got a material lift.
Questions answered
- How large is this order relative to Sattrix’s revenue?
- The ₹9.30 crore contract equals about 15% of the company’s FY26 revenue of ₹60.83 crore. It is the second major BFSI win after a ₹12.51 crore order in July 2026.
- What does the contract involve?
- Sattrix will operate a cyber security defence centre for the bank under a three-year managed security services arrangement.
- Why is this win considered significant?
- It validates Sattrix’s capability in the BFSI sector, a high-value, trust-intensive vertical. For a nano-cap, such an order adds meaningful revenue visibility and could boost margins.
- Is the counterparty bank named?
- No. The filing describes it only as a 'leading Indian public sector banking institution'.
Sattrix Information Security Ltd.
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All notes on SATTRIX →- 7 Jul 2026 · 11:23 AM IST Sattrix lands ₹9.30 cr three-year cybersecurity contract from PSU bank
- 4d ago Sattrix lands ₹12.51 cr in cybersecurity orders, 20.6% of FY26 revenue