Vijay Kedia's & Ankit Kedia’s Portfolio Multibagger IT Stock: Company Reaches Landmark Achievement with 2,000 New Customers since April 2024

The stock gave multibagger returns of over 400 per cent from its 52-week low of Rs 261.10 per share.

TAC Security, a leading global cybersecurity company specializing in vulnerability management and India's first publicly listed cybersecurity company, has ¹ achieved a significant milestone by onboarding over 700 clients across 54 countries during Q3 of FY 2024-2025. This rapid expansion demonstrates the increasing demand for robust cybersecurity solutions as businesses worldwide grapple with escalating cyber threats. Since April 2024, TAC Security has onboarded over 2,000 new clients, surpassing the halfway mark towards its goal of reaching 3,000 clients by March 2025.  

This impressive growth reflects the strong market demand for TAC Security's cutting-edge solutions, including its flagship ESOF VMP (Vulnerability Management Platform). The company has expanded its global reach across key regions, including North America, Europe, the Middle East, and the Asia Pacific region. Notable client additions in December 2024 include renowned brands such as Adobe (US), Wix (US), and Apollo Healthco Ltd (India).

Further solidifying its leadership position, TAC Security has joined an exclusive group of only eight companies globally by becoming an ioXt Authorized Lab. This prestigious accreditation allows TAC Security to conduct IoT Security Assessments under the ioXt Certification Program, ensuring the highest standards for security, transparency, and upgradability in the rapidly evolving Internet of Things (IoT) landscape.

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. 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 over 400 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.