Kedia’s lost Rs 1,11,69,000 in just 1 day: After hitting upper circuit, stock ended lower even after 160% revenue growth and profit surge 135% in FY 24-25

The stock gave multibagger returns of 178 per cent from its 52-week low of Rs 373.45 per share.

On Monday, shares of TAC InfoSec Limited hit a 10 per cent upper circuit to an intraday high of Rs 1,231.75 per share from its previous closing of Rs 1,119.80 per share. After hitting upper circuit, the stock ended the day in the red, down 7.30 per cent to Rs 1,038 per share.

TAC InfoSec Limited (NSE: TAC), a publicly listed global cybersecurity firm specialising in vulnerability management, is known for its oversubscribed $1 billion IPO. Their flagship ESOF platform offers cyber scoring, risk quantification, and AI-powered vulnerability assessment and penetration testing. Holding CREST, PCI ASV, and ISO 27001 certifications, they partner with Google, Microsoft, and Meta for cloud security assessments. TAC Security serves a global clientele, including Fortune 500 companies, start-ups, and governments.

TAC InfoSec Limited has announced significant financial achievements for the fiscal year ending March 31, 2025, reporting a remarkable 160 per cent increase in annual operating revenue, reaching Rs 305 million (excluding Rs 17 million in other income). The company also experienced a substantial 134 per cent surge in annual profit, which amounted to Rs 148.4 million. This impressive yearly performance reflects a strong upward trajectory from FY 23-24 to FY 24-25, showcasing the effectiveness of the company's strategic initiatives.

The company's performance in the second half of FY 24-25 compared to the first half also demonstrates robust growth. Revenue increased by 46 per cent, reaching Rs 181.0 million in H2 FY 24-25, up from Rs 124.00 million in H1 FY 24-25. Profit before tax saw a 34 per cent rise to Rs 90.5 million in the second half, compared to Rs 67.31 million in the first half. Similarly, profit after tax (before minority interest) grew by 27 per cent to Rs 83.0 million in H2 FY 24-25, from Rs 65.28 million in H1 FY 24-25.

This strong financial performance in FY 24-25 was underpinned by several strategic milestones, including the acquisitions of Cyber Sandia, a U.S.-based firm with a State-Wide Agreement in New Mexico; CyberScope, a Europe-based Web3 security firm with a track record of 2,780 audits and securing $134 billion in assets; and a UAE-based firm, marking entry into the GCC region. Furthermore, TAC InfoSec launched ESOF AppSec ADA MASA following a partnership with Google and surpassed its target of 3,000 clients, expanding its reach across 100 countries. Operationally, the company added 3,000 new clients and another 3,000 from the CyberScope acquisition, became one of only eight companies globally certified by the ioXt Alliance, and achieved ISO 17025 certification.

An ace investor, Vijay Kedia, owns 11,47,500 shares or 10.95 per cent stake and his son, Ankit Vijay Kedia, owns 3,82,500 shares or 3.65 per cent stake in the company as of March 2024. In just 1 days, Kedia’s lost Rs 1,11,69,000 [(11,47,500 shares + 3,82,500 shares) x Rs 7.30 per share]. The stock gave multibagger returns of 178 per cent from its 52-week low of Rs 373.45 per share. Investors should keep an eye on this micro-cap stock.

Disclaimer: The article is for informational purposes only and not investment advice.