In Tuesday’s trading session, shares of one of the leading cybersecurity stock, specializing in vulnerability management, were in focus upon achieving significant growth by Onboarding 2,000 New Clients for Expansion and Global Reach.
Price action
With a market capitalization of Rs. 1,467.14 crores on Tuesday, the shares of TAC Infosec Limited were trading at Rs.1,376 down by 1.7 percent making a low of Rs. 1,376 per share compared to its previous closing price of Rs. 1,400 per share.
What happened
TAC Infosec Limited, specializing in vulnerability management, has rapidly expanded its global footprint by onboarding over 700 clients from 54 countries in the third quarter of FY 2024-2025. The company’s impressive growth includes the addition of renowned brands such as Adobe, Wix, and Apollo Healthco Ltd to its client portfolio.
TAC Infosec has also joined an exclusive group of just eight companies globally, earning the prestigious ability to conduct IoT Security Assessments under the ioXt Certification Program. With more than 2,000 clients onboarded since April 2024, TAC is on track to reach the milestone of 3,000 clients by March 2025.
About the company
TAC Infosec Ltd, also known as TAC Security, is a leading global cybersecurity company specializing in vulnerability management. Established as India’s first publicly listed cybersecurity firm, TAC focuses on providing innovative and robust digital security solutions to protect businesses from evolving cyber threats.
The company’s flagship product, the ESOF VMP (Vulnerability Management Platform), helps organizations identify, manage, and mitigate security vulnerabilities across their digital infrastructure and applications, safeguarding them against evolving cyberattacks.
Ace investor
Ace investor Vijay Kishanlal Kedia holds a 10.95 percent stake, with a total of 1,683,000 shares from April 3, 2024.
Key Insights
TAC Infosec Ltd has achieved a strong 31.50 percent average revenue growth and an impressive 118.44 percent average net profit growth over the past three years, along with a good Avg ROE of 52.12 percent for the last 3 Years.
Shareholding Pattern
TAC Infosec Ltd’s shareholding pattern is as follows: the promoters hold 56.94 percent of the company’s shares, while Foreign Institutional Investors (FIIs) own 3.78 percent. Domestic Institutional Investors (DIIs) hold no shares, and the remaining 39.28 percent of shares are held by the public.
Financials
The company’s revenue rose by 66.6 percent from Rs 5.31 crore to Rs 8.85 crore in H1FY24-25. Meanwhile, Net profit rose from Rs 1.95 crores to Rs 3.5 crore during the same period.
Key Financial ratios
TAC Infosec Limited has an impressive Return on Equity (RoE) of 23.56 percent and a Return on Capital Employed (RoCE) of 24.11 percent. Furthermore, the company’s debt-to-equity ratio is 0.01.
Written by Sridhar J
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