Synopsis:
Meta Infotech Limited has secured a combination of new and repeat orders,with a total value of about Rs.127.75 crores.
The shares of a micro-cap company that specializes in the sale and support of cybersecurity software solutions jumped up to 8 percent at the market open following the receipt of new and repeat orders, totalling around Rs.127.75 crores.
With a market capitalization of Rs.321.93 crore, the shares of Meta Infotech Limited were trading at Rs.170, up by 6.23 percent from the previous close of Rs.160.50.
Work Order
The company has received Fresh/Renewal purchase orders worth Rs.127.75 crores. These include two new contracts for on-site services and two renewals for products, covering a cloud-based security solution and software licenses.
The timeframe for the completion of the projects is specified as follows: the service contracts are to be completed by March 31, 2026, and September 30, 2026; the security solution renewal is valid until May 31, 2026; and the software license renewal will remain in effect until August 31, 2028.
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Company Overview
Meta Infotech Limited provides cybersecurity solutions to large and medium-sized organizations across India. It offers a complete range of services to protect and maintain the security and integrity of information and IT systems. Its solutions help safeguard the digital infrastructure of businesses across various industries, including banking, capital markets, NBFCs, automotive, and insurance.
The company sources its cybersecurity products from international OEMs, providing solutions for secure access, web application protection, and cloud workload security. Additionally, it provides on-site support and training services to help organizations effectively utilize these solutions.
In FY25, the company reported revenue of Rs.219 crore, up from Rs.152 crore in FY24. Net profit also climbed to Rs.14 crore from Rs.11 crore. The company’s return on equity is 42.6 percent, and return on capital employed is 51 percent. P/E ratio of the company stands at 19.84, with the industry average of 33.52.
Written By Jhanavi Sivakumar
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