1. Opening Hook
Just when IT services was busy crying about slowdown and client cuts, TAC Infosec casually pulled off a 137% revenue jump—like a start-up hopped up on espresso and ambition. The CEO spent half the call reminding investors he told them so. And honestly, fair.
In the Quran, it’s written: “And that man can have nothing but what he strives for.”
Clearly somebody at TAC is over-striving.
Read on—this thing gets more dramatic than a Bigg Boss Weekend Ka Vaar. 😏
2. At a Glance
- Revenue up 137% – CFO claims it’s not magic, just AI + hustle.
- PAT up 138.5% – Profit didn’t grow; it evolved Pokémon-style.
- EBITDA Margin 63.4% – Even SaaS unicorns asked for the secret recipe.
- Gross Margin 51.3% – ESOP cost? Tax rebate gone? Still flexing.
- 7500 clients – CEO wants 10,000 by 2026; investors sweating already.
- Socify pricing jumped from $2700 to $4500 – Inflation, but make it SaaS.
3. Management’s Key Commentary
“We overachieved both revenue and profit targets.”
(Translation: Targets are just cute suggestions.)
“ESOF and Cyberscope innovations are paying fruits.”
(Translation: Five years of R&D finally stopped burning cash 🔥.)
“No cybersecurity or IT company globally has our margins.”
(Translation: Please clap.)
“Socify demand is huge, so we increased pricing.”
(Translation: Too many customers showed up—raise the rent!)
“Cyberscope IPO filing completed; SEC shutdown won’t delay
us.”
(Translation: Even the US govt can’t slow our vibe.)
“We’re not a services company, 100% product company.”
(Translation: Don’t insult us by comparing to IT outsourcing.)
“Cybersecurity should be affordable for all—like Jio.”
(Translation: ARPU low today, cross-sell high tomorrow.)
“H2 will not just maintain; we’ll overachieve the growth.”
(Translation: Manifestation as a business strategy.)
4. Numbers Decoded
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Metric H1 FY26 H1 FY25
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Total Income (₹ Cr) 30.6 13.1
Growth (%) 137% ---
PAT (₹ Cr) 15.5 6.5
PAT Growth (%) 138.5% ---
EBITDA Margin (%) 63.4% 53.1%
Gross Margin (%) 51.3% 49.6%
Clients 7500 ~5000+
Revenue/Client ($) 1682 1200
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- Revenue doubled; margins expanded; physics offended.
- Per-client revenue up 36%—cross-sell working overtime.
- Already hit last year’s full revenue in six months—because why not.
5. Analyst Questions
Q: Will Socify alone deliver ₹250+ crore soon?
A: “Pricing is now $4500. Could take 12–24 months. Chill.”
(Translation: We’ll tell you
