Vijay Kedia’s Portfolio Multibagger IT-Software Stock; Company Breaks Records by Adding Over 330 Clients in Just One Month
The stock gave multibagger returns of 196 per cent from its 52-week low of Rs 261.10 per share.
TAC InfoSec Ltd has achieved a remarkable milestone by onboarding over 330 clients from 42 countries in just one month. This significant growth surge positions the company to become the world's largest vulnerability management company by 2026. With this achievement, TAC Security has now crossed the halfway mark towards its ambitious goal of 3,000 clients by March 2025. This rapid expansion underscores the company's strong market position and its ability to deliver innovative solutions that address the evolving cybersecurity landscape.
Among the prestigious names that have joined TAC Security's client roster in November are King's College London, Fortinet, the Ministry of Education (Singapore), and Ricoh Company, Ltd. This diverse range of clients highlights the company's ability to cater to organizations of all sizes and industries. By providing tailored solutions and exceptional service, TAC Security has earned the trust of leading global institutions.
TAC Security's growth is fuelled by its innovative Enterprise Security in One Framework (ESOF) platform. This AI-powered solution enables businesses to effectively manage cyber risk by translating it into quantifiable financial impacts. With features like Cyber Risk Quantification (CRQ), ESOF empowers decision-makers to make informed decisions and allocate resources strategically. As TAC Security continues to scale its global operations, its focus on delivering value through advanced solutions solidifies its position as a trusted partner for organizations worldwide.
DSIJ’s 'multibagger Pick’ service recommends well researched multibagger stocks with High Returns potential. If this interests you, do download the service details here.
About the Company
TAC InfoSec Ltd, a global cybersecurity company specialising in vulnerability management, is a publicly listed cybersecurity company that made headlines with its oversubscribed IPO worth USD 1 billion. TAC Security’s flagship product, ESOF (Enterprise Security in One Framework), excels in cyber scoring, cyber risk quantification and leveraging advanced AI for vulnerability assessment and penetration testing. TAC Security holds prestigious certifications like CREST, PCI ASV and ISO 27001 and partners with tech giants such as Google, Microsoft and Meta for ADA’s CASA (Cloud Application Security Assessment). Serving a diverse global clientele, TAC Security is committed to innovation and excellence in cyber security for Fortune 500 companies, start-ups and Governments Globally.
Results: TAC InfoSec Limited, has announced impressive financial results for the first half of FY25. The company recorded a 238.41 per cent surge in net profit to Rs 6.53 crore, up from Rs 1.93 crore in the same period last year. Operating income also saw a significant boost, increasing by 162.22 per cent to Rs 13.16 crore. For the second quarter, the company posted a net profit of Rs 4.21 crore and an operating income of Rs 8,02 crore. The company's total revenue for H1FY25 reached Rs 13.16 crore, including other income of Rs 0.85 crore. Notably, TAC InfoSec achieved a PAT margin of 49.6 per cent and an EBITDA margin of 54.4 per cent in H1FY25. The company's strong performance is further highlighted by its Earnings Per Share (EPS) of Rs 6.21 per share.
An ace investor, Vijay Kedia owns 11,47,500 shares or 10.95 per cent stake and his son - Ankit Vijay Kedia owns 3,82,500 shares or 3.65 per cent stake in the company as of September 2024. The stock gave multibagger returns of 196 per cent from its 52-week low of Rs 261.10 per share. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.