About Tech Defence Labs
Tech Defence Labs is a publicly listed company based in Ahmedabad (India) founded in 2009. It offers web-based application penetration testing solutions to enhance cybersecurity. It operates on a B2B model. The company has 76 employees. Its website techdefencelabs.com draws about 18 thousand monthly visits. Its Indian entity Techd Cybersecurity Limited reported revenue of ₹53.25 Cr. Its focus areas include Cybersecurity, Penetration Testing and Web Applications.
Company details
Tech Defence Labs, established in 2009, excels in leveraging cutting-edge technology, enhancing digital security, conducting penetration testing, and web applications. Offers web-based application penetration testing solutions to enhance cybersecurity. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Ahmedabad, India
- Employees 76
- Stage Public
- SectorsTechnology
- Phone•••• ••••
- Website techdefencelabs.com
- Social LinkedIn X Facebook
- Legal Name Techd Cybersecurity Ltd
- Market Cap₹350 Cr
TECHD-SM · NSE
- Share Price₹481.90
+3.10% today
- Revenue₹51.81 Cr
FY 2025-26 · +73.9% YoY
- EBITDA₹18.72 Cr
Margin 36.1%
- Net Profit₹14.03 Cr
FY 2025-26 · +67.0% YoY
- P/E (TTM)25.5x
P/B 5.0x
- Employee Count76
Associated legal entities of Tech Defence Labs
Tech Defence Labs is associated with 2 registered companies on The Company Check; the primary company is Techd Cybersecurity Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Techd Cybersecurity Limited Listed CIN L72900GJ2017PLC095215 | Active | 19 Jan 2017 | Ahmadabad City, Gujarat | ₹53.2 Cr | 76 | 8 | View details |
| Techdefence Labs Solutions Limited CIN U72900GJ2017PLC095215 | 19 Jan 2017 | Ahmedabad, Gujarat, India | View details |
Board of directors of Techd Cybersecurity Limited (Tech Defence Labs)
Techd Cybersecurity Limited is the primary company behind Tech Defence Labs. The board of Techd Cybersecurity Limited currently have 6 directors; the longest-serving is Vaghela Piyush Rasiklal, appointed in 2017. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vaghela Piyush Rasiklal DIN 07693754 | Director | 19 Jan 2017 | 9 yrs 9 mo | Techd Cybersecurity Limited |
| Sunny Piyushkumar Vaghela DIN 02068653 | Managing Director | 01 Apr 2022 | 4 yrs 7 mo | Techd Cybersecurity Limited |
| Manan Dinesh Pancholi DIN 06631098 | Director | 03 Jul 2024 | 2 yrs 3 mo | Techd Cybersecurity Limited |
| Mukeshkumar Devichand Jain DIN 09740925 | Director | 16 Nov 2024 | 1 yr 11 mo | Techd Cybersecurity Limited |
| Vandana Nagpal DIN 10836627 | Director | 16 Nov 2024 | 1 yr 11 mo | Techd Cybersecurity Limited |
| Hemant Mishra DIN 10883857 | Director | 24 Dec 2024 | 1 yr 10 mo | Techd Cybersecurity Limited |
People of Tech Defence Labs
4 people are tracked at Tech Defence Labs (2 in leadership, 2 in team); the tracked headcount is 76.
| Name | Role | Group |
|---|---|---|
Mihir Thakkar | Associate Vice President- Training & Academia Business | Leadership |
| Founder & CEO | Leadership | |
Rachel Tina | Trainee | Team |
Deepshikha Rathore | Senior Academic Counselor | Team |
Complete people profiles for Tech Defence Labs
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- Full employee list
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IPO & Listings of Tech Defence Labs
Tech Defence Labs is a publicly listed company on the NSE with ticker symbol TECHD in India, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date22 Sep 2025
- Listed onNSE: TECHD
- Listed entityTECHD CYBERSECURITY LTD
- Exchange sectorTechnology services
- ISININE0Y5H01014
- Share price₹519.00 (+0.44% on the day) · 2026-10-14
- Market capitalisation₹380 Cr
- Price to earnings27.8
- EPS (diluted, trailing year)₹18.68
- Volume (last session)3,300
Financials of Tech Defence Labs
Exchange-reported figures of Techd Cybersecurity Limited, the listed company behind Tech Defence Labs (NSE: TECHD-SM).
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 51.81 | 29.80 | 15.07 | 7.56 | 2.40 | 1.32 |
| Revenue growth | +73.9% | +97.7% | +99.3% | +215.0% | +81.8% | - |
| EBITDA | 18.72 | 11.87 | 4.66 | 1.36 | 0.44 | 0.06 |
| EBITDA margin | +36.1% | +39.8% | +30.9% | +18.0% | +18.3% | +4.6% |
| Profit before tax | 19.19 | 11.36 | 4.39 | 1.27 | 0.43 | 0.05 |
| Net profit | 14.03 | 8.40 | 3.24 | 0.95 | 0.32 | 0.01 |
| Net profit margin | +27.1% | +28.2% | +21.5% | +12.6% | +13.3% | +0.8% |
| EPS (₹) | 21.54 | 15.38 | 3,241.20 | 941.10 | 326.00 | (1.10) |
| Balance sheet | ||||||
| Total assets | 72.16 | 22.62 | 6.77 | 3.26 | 0.64 | 0.27 |
| Net worth | 71.82 | 22.07 | 4.80 | 1.56 | 0.62 | 0.27 |
| Total debt | 0.00 | 0.32 | 1.81 | 1.65 | 0.01 | 0.00 |
| Cash & bank | 43.10 | 9.37 | 3.64 | 5.20 | 0.62 | 0.07 |
| Net working capital | 59.64 | 19.69 | 6.25 | 2.78 | 0.30 | 0.26 |
| Cash flow | ||||||
| Cash from operations | 8.55 | 0.95 | (1.16) | 0.01 | 0.69 | - |
| Cash from investing | (38.35) | (6.08) | (0.01) | (0.25) | (0.14) | - |
| Cash from financing | 35.31 | 7.08 | (0.25) | 1.59 | 0.00 | - |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 51.81 | 29.80 | 15.07 | 7.56 | 2.40 | 1.32 |
| Revenue growth | +73.9% | +97.7% | +99.3% | +215.0% | +81.8% | - |
| Other income | 1.44 | 0.43 | 0.29 | 0.03 | 0.01 | 0.00 |
| Total expenses | 33.09 | 17.93 | 10.41 | 6.20 | 1.96 | 1.26 |
| Employee cost | 0.00 | 7.25 | 4.95 | 2.13 | 0.87 | 0.67 |
| EBITDA | 18.72 | 11.87 | 4.66 | 1.36 | 0.44 | 0.06 |
| EBITDA margin | +36.1% | +39.8% | +30.9% | +18.0% | +18.3% | +4.6% |
| Depreciation | 0.89 | 0.45 | 0.14 | 0.07 | 0.02 | 0.01 |
| Interest | 0.08 | 0.49 | 0.42 | 0.05 | 0.00 | 0.00 |
| Profit before tax | 19.19 | 11.36 | 4.39 | 1.27 | 0.43 | 0.05 |
| Tax | 5.16 | 2.96 | 1.15 | 0.32 | 0.11 | 0.04 |
| Net profit | 14.03 | 8.40 | 3.24 | 0.95 | 0.32 | 0.01 |
| Net profit margin | +27.1% | +28.2% | +21.5% | +12.6% | +13.3% | +0.8% |
| EPS (₹) | 21.54 | 15.38 | 3,241.20 | 941.10 | 326.00 | (1.10) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 7.48 | 5.46 | 0.01 | 0.01 | 0.01 | 0.01 |
| Reserves & surplus | 64.34 | 16.61 | 4.79 | 1.55 | 0.61 | 0.26 |
| Shareholders' funds (net worth) | 71.82 | 22.07 | 4.80 | 1.56 | 0.62 | 0.27 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.00 | 0.32 | 1.81 | 1.65 | 0.01 | 0.00 |
| Total debt | 0.00 | 0.32 | 1.81 | 1.65 | 0.01 | 0.00 |
| Total liabilities | 72.16 | 22.62 | 6.77 | 3.26 | 0.64 | 0.27 |
| Assets | ||||||
| Gross block | 4.09 | 3.51 | 0.67 | 0.51 | 0.23 | 0.08 |
| Net block | 2.49 | 2.80 | 0.40 | 0.39 | 0.17 | 0.01 |
| Capital work in progress | 9.49 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 19.35 | 12.56 | 2.13 | 0.73 | 0.98 | 0.50 |
| Cash & bank balances | 43.10 | 9.37 | 3.64 | 5.20 | 0.62 | 0.07 |
| Loans & advances | 9.90 | 4.17 | 2.85 | 0.58 | 0.01 | 0.13 |
| Total current assets | 72.35 | 26.10 | 8.62 | 6.51 | 1.61 | 0.70 |
| Total current liabilities | 12.71 | 6.41 | 2.37 | 3.73 | 1.31 | 0.44 |
| Net working capital | 59.64 | 19.69 | 6.25 | 2.78 | 0.30 | 0.26 |
| Total assets | 72.16 | 22.62 | 6.77 | 3.26 | 0.64 | 0.27 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 2.50 | 0.55 | 1.97 | 0.62 | 0.07 | - |
| Net cash from operating activities | 8.55 | 0.95 | (1.16) | 0.01 | 0.69 | - |
| Net cash from investing activities | (38.35) | (6.08) | (0.01) | (0.25) | (0.14) | - |
| Net cash from financing activities | 35.31 | 7.08 | (0.25) | 1.59 | 0.00 | - |
| Net change in cash | 5.51 | 1.95 | (1.42) | 1.35 | 0.55 | - |
| Closing cash | 43.10 | 9.37 | 3.64 | 5.20 | 0.62 | - |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +73.9% | +97.7% | +99.3% | +215.0% | +81.8% | - |
| EBITDA growth | +57.7% | +154.7% | +242.7% | +209.1% | +633.3% | - |
| PBT growth | +68.9% | +158.8% | +245.7% | +195.4% | +760.0% | +9997.0% |
| Net income growth | +67.0% | +159.3% | +241.1% | +196.9% | +3100.0% | - |
| Revenue CAGR (3Y) | +90.0% | +131.6% | +125.2% | - | - | - |
| EBITDA CAGR (3Y) | +139.7% | +199.9% | +326.7% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +27.1% | +28.2% | +21.5% | +12.6% | +13.3% | +0.8% |
| Return on capital employed | - | +80.5% | +95.9% | +67.2% | +96.7% | +14.8% |
| Return on net worth | - | +62.4% | +101.9% | +86.2% | +74.2% | 0.0% |
| Debt / equity | - | 0.08 | 0.54 | 0.76 | 0.01 | 0.00 |
| Long-term debt / equity | - | 0.01 | 0.21 | 0.47 | 0.00 | 0.00 |
| Interest cover | 0.45 | 4.29 | 9.29 | 3.88 | 0.00 | 0.00 |
| Efficiency & per share | ||||||
| Fixed asset turnover | - | 14.26 | 25.54 | 20.43 | 15.48 | 16.50 |
| Inventory turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | - | 4.06 | 10.54 | 8.84 | 3.24 | 2.64 |
| EPS (₹) | 21.54 | 15.38 | 3,241.20 | 941.10 | 326.00 | (1.10) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 40.55 | 4,801.60 | 1,560.40 | 619.30 | 272.90 |
Web traffic of Tech Defence Labs
The website of Tech Defence Labs (techdefencelabs.com) receives about 17.9K visits a month.
- Monthly visits17.9K
▼ 4.9% vs previous month
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Frequently Asked Questions about Tech Defence Labs
Tech Defence Labs was founded in 2009.
Tech Defence Labs is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Tech Defence Labs has 76 employees.
The primary company behind Tech Defence Labs, Techd Cybersecurity Limited, reported revenue of ₹53.25 Cr for FY 2026, up 74% year on year.
Tech Defence Labs, established in 2009, excels in leveraging cutting-edge technology, enhancing digital security, conducting penetration testing, and web applications. Offers web-based application penetration testing solutions to enhance cybersecurity. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Yes, Tech Defence Labs is publicly traded on NSE under the ticker symbol TECHD.
Tech Defence Labs operates through Techd Cybersecurity Limited.
The legal entities of Tech Defence Labs currently have 8 directors, including Vaghela Piyush Rasiklal, Sunny Piyushkumar Vaghela, Dipen Ashit Dalal and others.