Vijay Kedia & Ankit Kedia’s Portfolio Multibagger IT Stock: Company Breaks Records by Adding Over 350 Clients in January 2025, 59% Month-Over-Month Growth Rate
The stock gave multibagger returns of 467 per cent from its 52-week low of Rs 261.10 per share.
TAC InfoSec Limited, India's first publicly listed cybersecurity company, has announced record-breaking client acquisition numbers for January 2025. The company onboarded over 350 new clients from 85 countries, a 59 per cent month-over-month growth rate, surpassing their previous record of 330 clients in November. This surge brings their total client count to over 2,350 since April 2024, marking significant progress towards their ambitious goal of 3,000 clients by March 2025. Notable new clients include Druva, Virtu, Mesh Payments, Mobi Systems, and TodayPay, representing diverse sectors like technology, finance, and payments.
This impressive growth underscores TAC Security's expanding global reach and its ability to provide effective cybersecurity solutions across various industries. The company's success is attributed to its cutting-edge Enterprise Security in One Framework (ESOF) platform, which leverages artificial intelligence to provide comprehensive vulnerability management. This platform enables businesses to proactively identify, assess, and mitigate cyber threats, solidifying TAC Security's position as a leading player in the cybersecurity market.
A key feature of ESOF is its Cyber Risk Quantification (CRQ) capability. This allows businesses to translate cyber risks into financial terms, enabling informed decision-making and resource allocation. By quantifying the potential financial impact of cyber threats, ESOF bridges the gap between cybersecurity and business strategy, empowering leadership to make data-driven decisions. TAC Security aims to further drive value creation by upselling existing solutions and consolidating cyber risk management onto the ESOF platform, solidifying its commitment to providing comprehensive and integrated solutions.
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About the Company
TAC InfoSec Limited (NSE: TAC) is a publicly traded global cybersecurity company specializing in vulnerability management. As a prominent player in the industry, TAC Security made headlines with its highly successful USD 1 billion IPO. Their flagship product, ESOF (Enterprise Security in One Framework), leverages advanced AI and machine learning to provide comprehensive cybersecurity solutions, including vulnerability assessments, threat detection, and risk quantification. Recognized for its expertise, TAC Security holds prestigious certifications such as CREST, PCI ASV, and ISO 27001. The company serves a diverse clientele, ranging from Fortune 500 enterprises and government agencies to innovative startups, solidifying its position as a leader in the evolving cybersecurity landscape.
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.
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 467 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.