TechD Cybersecurity Q4 FY26 Share Price & Earnings Call Analysis
- Market cap
- ₹361 Cr
- P/E
- 25.67
- ROE
- 29.91%
- PEG
- 0.20
- Price to sales
- 6.97
- Debt to equity
- 0.00
- 52W high / low
- ₹843 / ₹378
- Sales growth (5Y)
- 108.65%
- EBITDA margin
- 36.13%
- Net profit margin
- 27.10%
- Promoter holding
- 63.24%
- Sales (last year)
- ₹52 Cr
Established in January 2017, TechDefence Labs Solutions Limited is a cybersecurity firm specializing in safeguarding digital assets for organizations worldwide.[1]
Guidance scorecard · Q4 FY26 call
What TechD Cybersecurity Ltd's management guided
and where it ranks in IT - Services
IT - Services
RevenueQ4 FY26 call
40%+- The company expects at least 50% growth this year, with potential to reach ₹100 crore revenue if sales funnel and acquisitions materialize.
- A significant portion of growth will come from increased global revenue share, currently about 20%, with efforts to expand global presence.
- Recurring product revenue (ARR) is expected to increase, aiming for a 50:50 revenue mix of products and services in the next 2-3 years.
- Growth driven by cross-selling and upselling existing customers, especially moving smaller clients towards higher ticket sizes via product adoption and services.
- Expansion includes new subsidiaries expected to contribute ₹10-15 crore revenue this year.
- Planned acquisitions in India and Australia will accelerate revenue and market presence.
2 more points from TechD Cybersecurity Ltd's call on revenue
Create a free account to keep reading this call
MarginsQ4 FY26 call
FlatSee what TechD Cybersecurity Ltd said on margins — free account, 30 seconds.
CapexQ4 FY26 call
Planned- Significant funds are allocated primarily for product development and securing resources for this purpose.
- Investment in expanding Go-to-Market (GTM) strategies across different territories.
- Capital allocated towards building a Global Security Operations Center (GSOC).
- Marketing and development activities will be funded to support growth.
- Construction of a 60,000 sq. ft. Global Capability Center (TechD SOC) in Ahmedabad, larger than the originally planned 33,000 sq. ft., to serve as a major infrastructure investment.
- Planned acquisitions in India and Australia are nearing finalization, representing strategic investments.
2 more points from TechD Cybersecurity Ltd's call on capex
Create a free account to keep reading this call
FundraisingQ4 FY26 call
PlannedSee what TechD Cybersecurity Ltd said on fundraising — free account, 30 seconds.
Order bookQ4 FY26 call
Rising- Current confirmed order book stands at ₹43 crore as of early FY27.
- Management expects to execute 60-70% of this order book in H1 FY27.
- Efforts are ongoing to normalize contract timelines (e.g., from April-April) to stabilize revenue recognition across quarters.
- There is a pipeline of new orders beyond the current ₹43 crore, aiming to increase total order book to around ₹80 crore by end of H1 FY27.
- The company is H2-heavy, expecting a higher revenue run rate in H2 FY27 from both training and service contracts.
- There are multi-year contracts with some customers, strengthening revenue visibility.
2 more points from TechD Cybersecurity Ltd's call on the order book
Create a free account to keep reading this call
Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in IT - Services
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
IT - Services companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Flat | ₹1,612 Cr | 37.6 | |
| 2 | 40%+ | Flat | ₹1,534 Cr | 131.2 | |
| 3 | 40%+ | Flat | ₹571 Cr | 24.8 | |
| 4 | TechD Cybersec.This stock | 40%+ | Flat | ₹378 Cr | 26.9 |
| 5 | 40%+ | Flat | ₹84 Cr | 8.3 | |
| 6 | 20–40% | Up 2%+ | ₹20,258 Cr | 42.4 |
Sign up free to see every company in the sector ranking and track TechD Cybersecurity Ltd.
Pro shows every company guiding 40%+ revenue growth →Full IT - Services rankingFinancials of TechD Cybersecurity Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Shareholder Pattern
TechD Cybersecurity Ltd
Shareholding breakup across reporting periods.
| Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|
| Promoters + | 63.22% | 63.24% | 63.24% | 63.24% | 63.24% |
| FIIs + | 1.57% | 0.01% | 0.01% | 0.01% | 0.01% |
| DIIs + | 8.58% | 3.02% | 2.90% | 2.74% | 1.95% |
| Public + | 26.64% | 33.73% | 33.85% | 34.02% | 34.80% |
| No. of Shareholders | 620 | 1,344 | 1,407 | 1,677 | 2,060 |
Financials of TechD Cybersecurity Ltd
Quarterly Results
Quarter-by-quarter operating performance
Financials of TechD Cybersecurity Ltd
Profit & Loss
Annual income statement trend
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales + | 1 | 2 | 8 | 15 | 30 | 52 |
| Expenses + | 1 | 2 | 6 | 10 | 19 | 33 |
| Operating Profit | 0 | 0 | 1 | 5 | 11 | 19 |
| OPM % | 3.8% | 18% | 18% | 31% | 35% | 36% |
| Other Income + | 0 | 0 | 0 | 0 | 2 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 1 |
| Profit before tax | 0 | 0 | 1 | 4 | 11 | 19 |
| Tax % | 100% | 26% | 25% | 26% | 27% | 27% |
| Net Profit + | 0 | 0 | 1 | 3 | 8 | 14 |
| EPS in Rs | 0.00 | 0.69 | 1.96 | 6.75 | 15.35 | 18.77 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Financials of TechD Cybersecurity Ltd
Balance Sheet
Capital structure and asset base
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 0.01 | 5 | 7 |
| Reserves | 0 | 1 | 2 | 5 | 17 | 64 |
| Borrowings + | 0 | 0 | 2 | 2 | 0 | 0 |
| Other Liabilities + | 0 | 1 | 4 | 3 | 7 | 13 |
| Total Liabilities | 1 | 2 | 7 | 9 | 29 | 85 |
| Fixed Assets + | 0 | 0 | 0 | 0 | 3 | 2 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 9 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 1 | 2 | 7 | 9 | 26 | 73 |
| Total Assets | 1 | 2 | 7 | 9 | 29 | 85 |
Financials of TechD Cybersecurity Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 1 | 0 | -1 | 1 | 9 | |
| Cash from Investing Activity + | -0 | -0 | -0 | -6 | -38 | |
| Cash from Financing Activity + | 0 | 2 | -0 | 7 | 35 | |
| Net Cash Flow | 1 | 1 | -1 | 2 | 6 | |
| Free Cash Flow | 1 | -0 | -1 | -2 | -2 | |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 182% | 24% | -4% | 13% | 71% |
Financials of TechD Cybersecurity Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 139 | 149 | 35 | 52 | 154 | 136 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 139 | 149 | 35 | 52 | 154 | 136 |
| Working Capital Days | 53 | -50 | -147 | 27 | 123 | 117 |
| ROCE % | 96% | 68% | 98% | 73% | 41% |
Guidance history
How TechD Cybersecurity Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q4 FY26 call → | 40%+ | Flat | Planned | Planned | Rising |
| Q2 FY26 call → | 40%+ | Flat | Planned | None planned | Rising |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Continue your research
What TechD Cybersecurity Ltd's management said in earlier quarters
Others in IT - Services this season
- Affle 3i Ltd (Q2 FY27)
Year-on-year (Y-o-Y) revenue growth: +21.2% (Page 6, 5) . Key investor presentation takeaways from Affle 3i Ltd's Q2 FY27 investor presentation — and how it ran
- Veefin Solutions Ltd (Q2 FY27)
Q2 FY27 Standalone Revenue: ₹25.86 crore, +10.9% QoQ (Page 5). Key investor presentation takeaways from Veefin Solutions Ltd's Q2 FY27 investor presentation — a
- Sattrix Information Security Ltd (Q1 FY27)
Revenue for FY25 is ₹59 Cr, up 34% YoY (Page 22). Key investor presentation takeaways from Sattrix Information Security Ltd's Q1 FY27 investor presentation — an
- Infinity Infoway Ltd (Q1 FY27)
75 crore for the next two years, including long-term government contracts. Key concall takeaways from Infinity Infoway Ltd's Q1 FY27 earnings call — and how it…