Vijay Kedia’s Portfolio Multibagger IT-Software Stock; Company Sets Global Benchmark: 1,500 Clients Across 74 Countries, Achieves 3x Profit Growth in H1FY25
The stock gave multibagger returns of 190 per cent from its 52-week low of Rs 261.10 per share.
TAC InfoSec Limited (NSE Emerge: INE0SOY01013) (referred to hereafter as TAC Security), a global cybersecurity company specialising in vulnerability management and India’s first publicly listed cybersecurity company has achieved a remarkable milestone of serving 1,500 clients across 74 countries. This achievement marks a pivotal step in its mission to dominate the global cybersecurity landscape. Demonstrating robust financial performance, TAC Security reported a 3x surge in net profit, reaching Rs 6.53 crore and a 2x increase in operating income, hitting Rs 13.16 crore in H1FY25. These numbers highlight the company's accelerated global expansion and its ability to attract high-profile clients across diverse geographies.
TAC Security’s client roster now includes prestigious global names such as Autodesk, Salesforce, Dropbox form the United States; SoftBank Corp, Nissan Motors from Japan; Revolut from the United Kingdom; Food and Agriculture Organisation of the United Nations from Australia; and Fujifilm Business Innovation Corp from Singapore. This widespread adoption reflects the company’s unmatched ability to tailor its cutting-edge cybersecurity solutions for varied industry needs. Aligned with its vision to become the world’s largest vulnerability management company, TAC Security aims to secure 3,000 clients by March 2025 and expand its reach to 10,000 clients by March 2026.
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.
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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 190 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.
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