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Sattrix Information Security in Focus After Securing ₹9.3 Cr Banking Contract

Alex Smith

Alex Smith

2 hours ago

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Sattrix Information Security in Focus After Securing ₹9.3 Cr Banking Contract

Synopsis:Sattrix Information Security Limited has secured a Rs. 9.3 crore managed cybersecurity services contract from a leading public sector bank. Separately, the company also announced purchase orders worth Rs. 12.51 crore received during June 2026 across India and the UAE, strengthening its order book and long-term revenue visibility.

Shares of Sattrix Information Security Limited are likely to remain in focus after the company announced that it has secured a significant managed cybersecurity services contract worth Rs. 9.3 crore from one of India’s leading public sector banking institutions. In a separate announcement, the company also disclosed purchase orders aggregating Rs. 12.51 crore received during June 2026 across domestic and international markets.

Sattrix Information Security Limited has a total market capitalization of approximately Rs. 404 crore. The company’s shares were trading at Rs. 365 apiece on the stock exchange, up by 5.06 percent. The stock has declined 7.71 percent over the last five trading sessions, while it has declined 1.25 percent over the last month. The stock touched a 52-week high of Rs. 449 and a 52-week low of Rs. 157.

According to the company’s exchange filing, the newly secured contract involves providing Managed Security Services for the cyber security defence centre of a leading public sector bank. The domestic contract is valued at Rs. 9.3 crore and will be executed over a period of three years. The company clarified that the order does not involve any promoter interest or related-party transactions.

In addition, Sattrix announced that it received purchase orders worth Rs. 12.51 crore (excluding taxes) during June 2026. These orders include the supply of advanced cybersecurity products, software licensing, implementation services, annual maintenance, support services, and allied cybersecurity solutions. The orders have been received from customers across multiple industries in India and the United Arab Emirates (UAE), reflecting the company’s expanding domestic and international presence.

The latest order further strengthens Sattrix’s position in the rapidly growing cybersecurity industry. As organizations accelerate digital transformation, cloud adoption, and remote operations, the need for robust cybersecurity infrastructure continues to rise. Managed security services help enterprises continuously monitor their IT environments, detect and respond to cyber threats in real time, ensure regulatory compliance, and reduce operational risks without maintaining large in-house security teams.

The banking and financial services sector remains one of the largest spenders on cybersecurity due to rising cyberattacks, increasing digital transactions, and stricter regulatory requirements. At the same time, growing adoption of AI-driven threat detection, cloud security, zero-trust architecture, and security operations centres (SOCs) is creating significant long-term opportunities for cybersecurity solution providers such as Sattrix.

For investors, the Rs. 9.3 crore PSU banking contract, along with Rs. 12.51 crore worth of purchase orders received during June, enhances the company’s order book and revenue visibility. The mix of recurring managed security services and product-based contracts also provides greater earnings stability while strengthening Sattrix’s presence in both domestic and international cybersecurity markets.

Founded in 2013, Sattrix Information Security Limited is a cybersecurity solutions provider offering end-to-end information security and cyber resilience services. The company specializes in managed security services, cloud security, governance, risk & compliance (GRC), security operations, consulting, and cybersecurity products, serving enterprises across India, the USA, the Middle East, and Malaysia.

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