Vijay Kedia owned Cyber-Security stock specializing in providing cybersecurity solutions focusing on risk-based vulnerability management, penetration testing, and many more in focus upon onboarding 330 new clients and on track to Become the World’s Largest Vulnerability Management Company.
Price Action (WA:ACT)
With a market capitalization of Rs. 811 Crores, the shares of TAC Infosec Ltd (NS:TACI) were trading at Rs. 774 per equity share, up 0.55 percent from the previous day’s close price of Rs. 769.80.
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What Happened
Tac Infosec Limited accompanied a new milestone by onboarding over 330 new clients from 42 countries in November 2024. It includes prestigious names Like King’s College London, Fortinet (NASDAQ:FTNT), and the Ministry of Education (Singapore).
Crossing the Halfway Mark toward the target of onboarding 3,000 Clients by March 2025 with Over 1,700 Onboarded Since April 2024, It is On Track to Become the World’s Largest Vulnerability Management Company by 2026.
TAC Security Aims to Increase Per-Customer Revenue by Upselling Existing Solutions and Helping Companies Manage Cyber Risk on a Single Platform, leading to strong market positioning and growth potential, aligning with long-term value creation for stakeholders.
About the Company
TAC Infosec Limited specializes in providing cybersecurity solutions through Software (ETR:SOWGn) as a Service (SaaS) model, focusing on risk-based vulnerability management, cybersecurity quantification, and penetration testing for clients across various industries across the globe.
It protects Fortune 500 companies, leading enterprises, and governments worldwide. It manages more than 5 million vulnerabilities through its Artificial Intelligence (AI)-based Vulnerability Management Platform, ESOF (Enterprise Security in One Framework).
TAC Infosec Limited debuted on NSE Emerge on April 5, 2024, with a 174 percent premium over the offer price. Backed by stock market expert Vijay Kedia, the company raised 29.99 crores through its IPO and received bids exceeding 1 billion dollars, resulting in an oversubscription of 422 times.
Financials and Ratios
Its revenue from operations grew by 140 percent from Rs. 5 Crores in H1FY24 to Rs. 12 Crores in H1FY25, accompanied by profits of Rs. 2 Crores to Rs. 7 Crores.
In terms of return ratios, it has reported a return on equity (ROE) of 23.56 percent and a return on capital employed (ROCE) of 24.11 percent. In terms of liquidity, it has reported a debt-to-equity ratio of 0.01.
Written by: Bharath K.S
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