TAC Infosec Ltd
Incorporated in 2016, TAC Infosec
Ltd is a global cybersecurity company specializing in vulnerability management[1]
- Market Cap ₹ 1,199 Cr.
- Current Price ₹ 1,144
- High / Low ₹ 1,697 / 620
- Stock P/E 83.7
- Book Value ₹ 52.7
- Dividend Yield 0.00 %
- ROCE 43.7 %
- ROE 41.3 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Debtor days have improved from 237 to 119 days.
Cons
- Stock is trading at 21.7 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| 12 | 30 | |
| 5 | 15 | |
| Operating Profit | 7 | 15 |
| OPM % | 57% | 50% |
| 0 | 2 | |
| Interest | 0 | 0 |
| Depreciation | 0 | 1 |
| Profit before tax | 6 | 16 |
| Tax % | 0% | 6% |
| 6 | 15 | |
| EPS in Rs | 8.27 | 13.75 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 161% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 126% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 57% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 41% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Equity Capital | 8 | 10 |
| Reserves | 6 | 45 |
| 2 | 2 | |
| 2 | 15 | |
| Total Liabilities | 18 | 71 |
| 1 | 12 | |
| CWIP | 1 | 6 |
| Investments | 0 | 0 |
| 16 | 53 | |
| Total Assets | 18 | 71 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| -2 | 19 | |
| -1 | -40 | |
| 1 | 25 | |
| Net Cash Flow | -2 | 5 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Debtor Days | 356 | 119 |
| Inventory Days | ||
| Days Payable | ||
| Cash Conversion Cycle | 356 | 119 |
| Working Capital Days | 308 | 4 |
| ROCE % | 44% |
Documents
Announcements
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Shareholders meeting
30 September 2025 - 9th AGM Sep 30, 2025: FY2024-25 results discussed; special resolutions on borrowing, capital increase, bonus shares; US IPO plans.
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Trading Window
30 September 2025 - Trading window closed Oct 1, 2025 until 48 hours after H1 (Sep 30, 2025) results declaration.
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Updates
24 September 2025 - CyberScope appoints Geordan Pursglove and Hector Balderas as Independent Directors; announced Sep 24, 2025.
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Updates
22 September 2025 - Sep 22, 2025: TAC InfoSec clarifies H1 visa changes don't affect business; no U.S. H1 employees.
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Bagging/Receiving of orders/contracts
22 September 2025 - TAC Infosec received ₹1 Crore ESOF-AppSec license order from Bandhan Bank; revenue recognized by March 2026.
Annual reports
Concalls
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May 2025TranscriptPPTREC
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Feb 2025Transcript PPT
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Aug 2024TranscriptNotesPPT
Business Overview:[1]
TACIL is in the business of providing risk-based vulnerability management and assessment solutions, cybersecurity quantification and services of Penetration testing to organizations of any scale, size, and business through SaaS model. It offers security software products and solutions in India and abroad.