Synopsis:
Sattrix Information Security Ltd surged after announcing the registration of its U.S.-based joint venture, World Tech Nexus LLC. The new entity, headquartered in Irvine, California, aims to deliver advanced IT and cybersecurity solutions across the United States and globally, marking a key milestone in the company’s international expansion strategy.
A cybersecurity stock opened at its 5 percent upper circuit on Tuesday following a major global expansion update. Investors responded positively to the announcement of a U.S.-based joint venture, which management believes will serve as a launchpad for scaling operations across North America while enhancing global market presence.
Sattrix Information Security Ltd, with a market capitalization of Rs. 174 crore, opened at Rs. 255.20, hitting its upper circuit of 5 percent. The stock had a previous close of Rs. 243.05 and touched an intraday high of Rs. 255.20.
What’s the News?
Sattrix Information Security Limited has officially registered its U.S. joint venture, World Tech Nexus LLC, headquartered in Irvine, California. The entity has been established in collaboration with World Tech Edge PTE. LTD. and Mr. Ali Yavari, and will focus on providing comprehensive IT and cybersecurity services.
The joint venture is designed to strengthen Sattrix’s foothold in the U.S. market while supporting its broader vision of becoming a multinational cybersecurity leader. Its immediate mandate includes selling, reselling, and distributing specialized IT and cybersecurity solutions authorized for the U.S. market. The scope of operations will extend to digital transformation, compliance, managed services, and enterprise security solutions.
World Tech Nexus LLC draws strength from its leadership team. Co-founders Mr. Mohammad Mobasseri and Mr. Richard Rundle, from World Tech Edge PTE LTD, bring decades of experience in IT distribution and cybersecurity across the Middle East and Asia-Pacific. Their expertise in channel empowerment and vendor-reseller ecosystems is expected to play a pivotal role in accelerating the joint venture’s success.
The initiative represents more than just market entry—it establishes a long-term platform for growth. By combining innovation, trust, and technical expertise, the joint venture aims to deliver advanced solutions to U.S. enterprises while helping Sattrix extend its global footprint. This move reinforces the company’s commitment to tackling evolving cyber threats with scale, speed, and precision.
Also Read: Bharat Petroleum and 2 other stocks to buy now for an upside of up to 38%; Recommended by Citi
Financial Snapshot
For the half year ended March 2025, sales rose slightly from Rs. 22.19 crore in September 2024 to Rs. 22.44 crore in March 2025, a growth of 1.1 percent. Operating profit surged from Rs. 1.29 crore to Rs. 5.60 crore, marking a sharp rise of 334.1 percent. Profit before tax increased from Rs. 0.54 crore to Rs. 5.34 crore, up 888.9 percent, while net profit grew from Rs. 0.40 crore to Rs. 3.65 crore, a jump of 812.5 percent.
On a year-on-year basis, sales rose from Rs. 15.23 crore in March 2024 to Rs. 22.44 crore in March 2025, an increase of 47.3 percent. Operating profit improved significantly from Rs. 0.66 crore to Rs. 5.60 crore, up 748.5 percent. Profit before tax rose from Rs. 1.21 crore to Rs. 5.34 crore, a gain of 341 percent, while net profit advanced from Rs. 0.87 crore to Rs. 3.65 crore, higher by 319.5 percent.
About the Company
Founded in 2013, Sattrix Information Security Limited is a global provider of cybersecurity solutions serving clients across India, the U.S., the Middle East, and Malaysia. The company specializes in both cloud-based and on-premise offerings, helping enterprises safeguard digital assets, maintain compliance, and ensure business continuity. Its name, derived from Satt (Universe), Ri (Risk), and X (Extenuation), reflects its mission of “Removing the Risk from the Universe.”
Written By Manan Gangwar
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
