Takyon Networks bags ₹1.5 cr order for F5 network security gear
The six-week delivery contract is material for the nano-cap at 4.84% of market cap, but FY26 profit dropped 52% tempering the news.
— 2 earlier stories on Takyon Networks Ltd. →What's new
- Takyon Networks wins ₹1.5 cr order from Skynet Services for F5 Link Load Balancers with Anti-DDoS.
- Delivery must be completed within six weeks; includes 3-year warranty and maintenance.
- Order is 4.84% of market cap and 2% of annual revenue, triggering materiality rule.
Why this matters
This is Takyon's second large order this quarter after a ₹1.67 cr railway contract, signalling steady win momentum. But FY26 net profit dropped 52% on a 29% revenue decline, so the order provides near-term visibility without fixing the underlying profitability problem.
What we're watching
- Whether Takyon sustains order flow from private and government clients.
- If the company can improve margins and return to profit growth in FY27.
- Next quarter's revenue and profit figures to gauge recovery.
The full read
Takyon Networks has won another order — ₹1.5 crore from Skynet Services Global for F5 Link Load Balancers with Anti-DDoS, to be delivered in six weeks. It's the company's second notable win this quarter after a ₹1.67 crore railway contract in June. For a nano-cap with a ₹32 crore market cap, the order is material at 4.84% of cap and 2% of annual revenue. But the context matters: Takyon's FY26 saw revenue slide 29% and net profit drop 52%. The order adds near-term revenue visibility but doesn't reverse the profit trend. The company has low debt (D/E of 0.34) and decent ROE (19.8%), but the latest March quarter net profit was zero on sales of ₹29 crore. Orders are welcome, but profitability is the open question.
Questions answered
- How material is this order for Takyon?
- At ₹1.5 cr, it represents roughly 4.84% of Takyon's ₹32 cr market cap and about 2% of its ₹70.44 cr annual revenue, comfortably above the nano-cap materiality threshold.
- Who is the end customer?
- The order is from Skynet Services Global on behalf of an end customer, APTS AP. Skynet is a private entity, not a government body.
- What are the payment terms?
- Payment is back-to-back within three days of client receipt, meaning Takyon gets paid promptly after its customer receives payment from APTS AP.
- How does this order compare to the recent railway contract?
- It's slightly smaller than the ₹1.67 cr railway order (which was 5.4% of market cap), and the counterparty is less prestigious, hence scored 7 vs. 8 in materiality terms.
Takyon Networks Ltd.
Latest quarter · Mar 2026
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Story so far
All notes on TAKYON →- 17 Jun 2026 · 6:58 PM IST Takyon Networks bags ₹1.5 cr order for F5 network security gear
- today Takyon Networks lands ₹1.67 cr CCTV contract from North Central Railway
- 28d ago Takyon Networks revenue slips 29%, profit halves in FY26