Takyon Networks Ltd

Dematerialisation processing and listing status

• Dematerialisation requests were processed and confirmed to depositories (accepted or rejected).
• Securities dematerialised were listed on the stock exchanges where earlier issues are listed.
• Physical certificates for dematerialisation were mutilated and cancelled; depository name substituted as registered owner within time limit.

Takyon Networks Ltd: Non-applicability of Trading Window Closure for Designated Persons; quarter ended June 30, 2026 (SME-listed)

Order Award

• Hindustan Aeronautics Limited, Kanpur awarded the order.
• Scope is a Comprehensive Annual Maintenance Contract.
• Order value is INR 60.50 lakhs.
• The awarding entity is domestic.
• Execution period is 24 months from order acceptance.
• Work must follow the scope of work and GeM contract terms.
• No promoter or group company interest was disclosed.
• The order is not a related party transaction.

Business

• Takyon provides networking and IT infrastructure solutions across data centers, cloud, security, and managed services.
• It operates an asset-light, solutions-driven model serving government and corporate clients.

Operations

• The company has completed 1,000+ projects for 400+ clients across India.
• It reported a ₹32 crore order book and a diversified domestic footprint.
• Management highlighted supply-chain de-risking and increased focus on Make in India products.

Financials

• FY26 revenue fell to ₹71.1 crore from ₹103.1 crore in FY25.
• FY26 EBITDA declined to ₹7.1 crore, with EBITDA margin at 9.7%.
• FY26 PAT was ₹3.7 crore, down from ₹7.0 crore in FY25.
• H2 FY26 revenue was ₹29.0 crore, EBITDA ₹1.6 crore, and PAT ₹0.4 crore.
• Trade receivables fell to ₹37.7 crore and cash rose to ₹0.9 crore in FY26.

Capital structure

• Equity increased to ₹57.6 crore in FY26 from ₹35.2 crore in FY25.
• Total borrowings declined, with short-term borrowings down to ₹6.5 crore and long-term borrowings to ₹0.5 crore.
• Debt-to-equity was stated at 0.12, among the lowest.

Outlook

• Management is prioritizing margin integrity over low-margin revenue growth.
• It expects supply-chain normalization, multi-vendor sourcing, and escalation clauses to support FY27 execution.
• The company is targeting public-sector and enterprise modernization opportunities.

Risks

• Global component prices rose 40%–300%+, hurting project economics and execution.
• Lead times extended to 9–52 weeks, delaying deliveries and tender conversion.
• Bihar projects worth about ₹30 crore were lost due to material shortages and administrative delays.

Governance

• Manish Kumar Sharma is Chairman and Managing Director; Neeraj Kumar is CEO and Whole-Time Director.
• The board includes three independent directors and two executive directors.
• The company highlighted ISO certifications and CMMI Maturity Level 3.

Order award

• Hindustan Aeronautics Limited awarded the order.
• Scope covers supply and installation of Active Network Components.
• Order value is Rs. 8,300,000.
• HAL is a domestic entity.
• Execution period is 90 days, ending 31 July 2026.
• Terms specify supply and installation.
• No promoter or group company interest was disclosed.
• The order is not a related party transaction.

Order Award

• Order awarded by NCC Limited-AIIMS Bibinagar, Telangana (domestic entity).
• Contract for supply and installation of networking switches.
• Total order value is Rs. 558.10 Lakhs (approx. Rs. 5.58 crore).
• Delivery and execution timeline is 8 weeks from order date.
• Payment terms: 90% payment via 60-day irrevocable letter of credit from invoice date.
• No promoter, promoter group, or related party interest; not a related party transaction.