IT stock hit 5% upper circuit after receiving an order from CDSL Ventures

Synopsis: TechD Cybersecurity Limited received a ₹55.37 lakh order from CDSL Ventures Limited for data security solutions and managed services, enhancing its cybersecurity service portfolio.

This Micro-cap IT Stock, engaged in providing comprehensive cybersecurity solutions, including vulnerability assessment, penetration testing, managed security services, compliance audits, cyber forensic services, and cybersecurity training to safeguard enterprises, hit a 5 percent upper circuit after receiving an order from CDSL Ventures Limited

With a market capitalization of Rs. 505.63 crores, the shares of TechD Cybersecurity Limited hit a 5 percent upper circuit of Rs. 700.70 per share on Wednesday, up from its previous closing price of Rs. 667.35 per share. Since then, the stock has retreated and is currently trading at Rs. 676 per equity share. 

Reason Behind the Surge:

TechD Cybersecurity Limited has received an order worth Rs. 55,37,400 from India CDSL Ventures Limited, a Government of India enterprise. The order includes providing Data Loss Prevention, Data Security Posture Management Licenses (OEM), and managed professional services for implementation and technical support for a period of 12 months.

As per the agreement, the company will bill the license fee in advance, while the managed services will be billed monthly. This contract strengthens TechD Cybersecurity’s position in delivering advanced data protection and cybersecurity solutions.

Company Overview:

TechD Cybersecurity Limited was established in 2017 and is also known as TechDefence Labs Solutions Limited, and is a cybersecurity company specializing in safeguarding digital assets for organizations worldwide. 

The company offers comprehensive cybersecurity solutions and services, including vulnerability assessment, penetration testing, compliance audits, managed security services, cyber forensic services, and cybersecurity staff augmentation.

TechD serves a broad spectrum of industries such as BFSI, NBFCs, manufacturing, healthcare, aviation, IT/ITES, education, and government sectors, providing end-to-end cybersecurity solutions to protect against evolving digital threats. The company also offers cybersecurity training and certification programs in collaboration with universities, nurturing talent in the cybersecurity domain.

Recent quarter results:

Coming into financial highlights, TechD Cybersecurity Limited’s revenue has increased from Rs. 15.07 crore in FY24 to Rs. 29.80 crore in FY25, which has grown by 97.74 percent. The net profit has also grown by 159.26 percent from Rs. 3.24 crore in FY24 to Rs. 8.40 crore in FY25.

TechD Cybersecurity Limited’s revenue and net profit have grown at a CAGR of 131.56 percent and 194.16 percent, respectively, over the last three years.

In terms of return ratios, the company’s ROCE and ROE stand at 81.5 percent and 62.4 percent, respectively. TechD Cybersecurity Limited has an earnings per share (EPS) of Rs. 15.4, and its debt-to-equity ratio is 0.01x.

Written By – Nikhil Naik

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