TAC Infosec Ltd
Incorporated in 2016, TAC Infosec
Ltd is a global cybersecurity company specializing in vulnerability management[1]
- Market Cap ₹ 1,014 Cr.
- Current Price ₹ 482
- High / Low ₹ 900 / 352
- Stock P/E 51.8
- Book Value ₹ 32.2
- Dividend Yield 0.00 %
- ROCE 43.7 %
- ROE 41.3 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Debtor days have improved from 237 to 119 days.
Cons
- Stock is trading at 15.0 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 | TTM | |
|---|---|---|---|
| 12 | 30 | 48 | |
| 5 | 15 | 20 | |
| Operating Profit | 7 | 15 | 28 |
| OPM % | 57% | 50% | 58% |
| 0 | 2 | 2 | |
| Interest | 0 | 0 | 1 |
| Depreciation | 0 | 1 | 2 |
| Profit before tax | 6 | 16 | 27 |
| Tax % | 0% | 6% | |
| 6 | 15 | 24 | |
| EPS in Rs | 4.14 | 6.86 | 9.31 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 150% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 79% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -22% |
| 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 | Sep 2025 | |
|---|---|---|---|
| Equity Capital | 8 | 10 | 10 |
| Reserves | 6 | 45 | 57 |
| 2 | 2 | 1 | |
| 2 | 15 | 11 | |
| Total Liabilities | 18 | 71 | 79 |
| 1 | 12 | 17 | |
| CWIP | 1 | 6 | 0 |
| Investments | 0 | 0 | 0 |
| 16 | 53 | 63 | |
| Total Assets | 18 | 71 | 79 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| -2 | 19 | |
| -1 | -40 | |
| 1 | 25 | |
| Net Cash Flow | -2 | 5 |
| Free Cash Flow | -2 | 19 |
| CFO/OP | -18% | 135% |
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% |
Insights
In beta| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Number of Clients Number |
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| Employee Strength Number |
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| Smart Contract Audits (CyberScope) Number |
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| Revenue Per Client USD |
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| Socify Base Price USD ・Standalone data |
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Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
1 April 2026 - Audio-video recording of investor call held March 31, 2026; access link provided.
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Press Release
30 March 2026 - Announces 10,000 clients (6,500 TAC, 3,500 Cyberscope), top‑5 vulnerability management, targets $100M ARR by 2030.
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Press Release
26 March 2026 - TAC Security won 'IT/ITES Service Provider of the Year' at ET Entrepreneur Awards 2026 in Mumbai.
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Analysts/Institutional Investor Meet/Con. Call Updates
26 March 2026 - Virtual analyst/investor call Mar 31, 2026 5:00 PM IST discussing 10,000 client acquisitions milestone.
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Press Release
25 March 2026 - Cyberscope partners with TON to provide smart contract audits, protocol security and developer support, expanding Web3 revenue pipeline.
Annual reports
Concalls
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Nov 2025Transcript PPT
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May 2025TranscriptPPTREC
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Feb 2025Transcript PPT
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Aug 2024TranscriptAI SummaryPPT
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.