Takyon Networks lands ₹1.67 cr CCTV contract from North Central Railway
The order adds to a string of government wins, but the nano-cap still faces steep revenue and profit declines.
— 2 earlier stories on Takyon Networks Ltd. →What's new
- Won ₹1.67 cr contract from North Central Railway for CCTV systems at four Agra stations.
- Order must be completed within nine months.
- Follows recent orders from Hindustan Aeronautics Limited and RDSO.
Why this matters
For a nano-cap with a market cap of ₹32 cr, this order is material at 5.4% of its value and adds to a growing government contract pipeline. But the company's latest quarter showed ₹0 cr net profit on ₹29 cr sales, and FY26 revenue slipped 29%. This single order, roughly 1.7% of FY27 guidance, is validation, not a turnaround.
What we're watching
- Revenue contribution from this order in upcoming quarters.
- Further railway or defence contract wins.
- Whether the company can convert order flow into profit after a weak FY26.
The full read
Takyon Networks, a nano-cap that saw revenue drop 29% and profit falling 52% in FY26, has won a ₹1.67 crore contract from North Central Railway for CCTV systems at four Agra stations. The order is 5.4% of its ₹32 crore market cap, making it material under nano-cap rules. It adds to a string of recent government wins, from HAL and RDSO, but the company's latest quarter posted zero net profit on ₹29 crore sales. At roughly 1.7% of FY27 guidance, the contract provides revenue visibility but little more. Cheap on a trailing P/E of 8.7, the stock is still waiting for a return to profitability. This order is a signal that the government sales channel is active; the test is whether Takyon can turn that into earnings.
Questions answered
- How big is this order relative to Takyon's revenue?
- It's about ₹1.67 crore against ₹29 crore in the latest quarter, so roughly 5.8% of quarterly revenue. Over a full year, that's a smaller fraction.
- Why is this contract considered material?
- For a ₹32 cr market-cap company, a ₹1.67 cr order is 5.4% of market cap, well above the typical 1% materiality threshold for nano-caps.
- What is the company's recent financial performance?
- In the March 2026 quarter, sales were ₹29 crore with zero net profit. FY26 saw a 29% drop in revenue and a 52% decline in net profit year-on-year.
- Does Takyon have other government orders?
- Yes, it recently won orders from Hindustan Aeronautics Limited and RDSO, building a portfolio in railway and defence security projects.
- How does this order impact FY27 guidance?
- The order represents roughly 1.7% of the company's likely FY27 revenue baseline, offering modest visibility but not a significant boost.
- What is the company's debt position?
- Takyon has a debt-to-equity ratio of 0.34, indicating manageable leverage for a nano-cap.
Takyon Networks Ltd.
Latest quarter · Mar 2026
Strength & growth
Story so far
All notes on TAKYON →- 17 Jun 2026 · 5:26 PM IST Takyon Networks lands ₹1.67 cr CCTV contract from North Central Railway
- today Takyon Networks bags ₹1.5 cr order for F5 network security gear
- 28d ago Takyon Networks revenue slips 29%, profit halves in FY26