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Tanla Platforms Ltd share Price Today

Company details

811.00
847.90
493.00
1,317.95
6M Return -21.18%
1Y Return 60.79%
Mkt Cap.(Cr) 11,021.69
Volume 658,094
Div Yield 1.23%
OI
-
OI Chg %
-
Volume 658,094

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Software & Services company Tanla Platforms announced Q3FY24 results:

Financial Highlights

  • Revenue Growth: Reported revenue of Rs 10,026 million, marking a YoY growth of 15.3%.
  • Digital Platforms Revenue: Digital platforms saw an increase of 22% YoY.
  • Gross Profit: Gross profit reached Rs 2,699 million, a significant increase of 24.5% compared to the previous year.
  • EBITDA: EBITDA stood at Rs 1,928 million with a margin of 19.2%, improving by 183 basis points YoY.
  • Net Income (PAT): Profit After Tax grew by 20%, amounting to Rs 1,401 million.
  • Earnings Per Share (EPS): EPS experienced a growth of 21.5%, now at Rs10.42.
  • Free Cash Flow (FCF): FCF was Rs 640 million, which is 46% of PAT.
  • Cash Balance: The cash balance increased by Rs 712 million quarter-over-quarter to Rs 6,162 million.

Operational Highlights:

  • Customer Base: Tanla Platforms added new customers, with 335 customers contributing more than Rs 10 million in annual revenue – a 6% increase YoY.
  • Customer Segments: The company saw growth in revenue contributions from different customer segments, particularly those contributing more than Rs 100 million annually.
  • New Customer Acquisition: The platform acquired new customers, generating 35% more revenue in this area, particularly on WhatsApp.

Strategic Business Performance:

  • Gross Margin Improvement: Overall gross margin rose to 26.9%, a 199 basis point increase YoY.
  • EBIT Performance: Digital Platforms' EBIT grew by 73.2%, while Enterprise Communications' EBIT witnessed an 11% increase.
  • Return on Capital Employed (ROCE): The ROCE (excluding cash & cash equivalents) was robust at 51%.

 

 

 

 

Result PDF

View Other Company Results

Tanla Platforms Ltd shares SWOT Analysis

Strengths (5)

  • Company with high TTM EPS Growth
  • Company with No Debt
  • Book Value per share Improving for last 2 years

Weakness (4)

  • Inefficient use of shareholder funds - ROE declining in the last 2 years
  • Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years
  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (1)

  • Street Favorite: High Analyst Rating with at least 20% upside

Threats (2)

  • Promoter decreasing their shareholding
  • RSI indicating price weakness

Resistance and support

R1 841.4
R2 863.1
R3 878.3
Pivot

826.20

S1 804.5
S2 789.3
S3 767.6
EMA SMA
877.9
942.9
975.0
968.6
887.9
971.1
993.4
1,023.2
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-01-10 1162.55 763456 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2024-01-10 1162.6 763456 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2023-12-14 1126.27 901642 NSE
Name Category Shares
DASARI UDAY KUMAR REDDY PROMOTER 21.75%
DASARI TANUJA REDDY PROMOTER 15.68%
TNA CORPORATION LLP PROMOTER 2.59%
MOBILE TECHSOL PRIVATE LIMITED PROMOTER 1.55%
ANMITHA VENTURES LLP PROMOTER 0.8%
M&M HOLDINGS PROMOTER 0.57%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Tanla Platforms Ltd Stocks COMPARISON

Financials( in Cr) Tanla Platforms Ltd Tata Consultancy Services Ltd Infosys Ltd HCL Technologies Ltd Wipro Ltd
Price 819.70 3,876.30 1,498.05 1,543.55 480.10
% Change 0.69 0.92 0.96 -0.17 1.65
Mcap Cr 11,021.69 1,402,479.45 621,757.86 418,867.76 250,823.54
Revenue TTM Cr 3,354.55 225,458.00 146,767.00 101,456.00 90,487.60
Net Profit TTM Cr 447.65 42,303.00 24,108.00 14,845.00 11,366.50
PE TTM 20.37 30.46 25.26 26.75 21.86
1 Year Return 60.79 24.15 7.85 46.80 32.90
ROCE 37.77 58.04 44.36 27.62 17.11
ROE 31.18 47.26 36.42 23.32 15.89
INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 1,517.49 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 30,755.54 31,723.05
LAST 3M 69,913.40 26,515.65
LAST 6M 130,081.93 60,306.69
LAST 12M 189,259.39 205,003.99

Tanla Platforms Ltd Information

Stock PE (TTM)
20.37
Promoter Holding
44.15%
Book Value
129.9939
ROCE
37.77%
ROE
31.18%
Description
  • Tanla Platforms Ltd. is a cloud communications company, formerly known as Tanla Solutions. It was established in 2000 with its headquarters in Hyderabad. For the quarter ended June 2022, the company’s total income was Rs HYPERLINK "https://economictimes.indiatimes.com/tanla-platforms-ltd/stocks/companyid-5351.cms" 804.64 crore, down 6.18% from the previous quarter ended March 2022. On 5 August 2022, its market capitalisation was worth Rs HYPERLINK "https://www.moneycontrol.com/india/stockpricequote/computers-software-mediumsmall/tanlaplatforms/TS11" 10,179 crore.  

    The company is listed on the Bombay Stock Exchange with the code 532790 and on the National Stock Exchange with the code TANLA.  

    Tanla Platforms Ltd. offers value-added services in the cloud communications space. It started with a small group of mobile messaging experts but has emerged as one of the world’s largest cloud communication providers.  

    For FY 2021-2022, the company’s total revenue was Rs HYPERLINK "https://economictimes.indiatimes.com/tanla-platforms-ltd/stocks/companyid-5351.cms" 3222.10 crore. It was up 36.33% from the total revenue of Rs 2,363.40 crore during FY 2020-2021. The consolidated quarterly net sales in June 2022 stood at Rs 800.14 crore, up 27.74% from Rs 626.38 crore in June 2021.  

    The company’s top management comprises Mr D Uday Kumar Reddy, Mr Sanjay Kapoor, Mr Rohit Bhasin, Mr Sanjay Baweja, Mr Rahul Khanna, Ms Amrita Gangotra, Mr Deepak Satyaprakash Goyal, Mr Aravind Viswanathan Sundaresan, and MrA G Ravindranath Reddy. The auditors are MSKA & Associates.  

    On 30 June 2022, Tanla Platforms Ltd.’s shareholding pattern showed a 43.73% promoter stake, 13.46% foreign institutional investor stake, 2.77% domestic institutional investor stake, and 40.03% public stake. It had a total of 13.57 crores shares outstanding.  

    Tanla Platforms Ltd.’s share price on BSE closed at Rs 750.45 on 5 August 2022. The company’s share price on NSE closed at Rs 749.90. The 52-week high for Tanla Platforms Ltd.’s share price was Rs 2,096.75, and the 52-week low for Tanla Platforms Ltd.’s share price was Rs 584.50.  

    As of June 2022, the company’s mutual fund holdings include Kotak Nifty Alpha 50 ETF, Bank of India Flexi Cap Fund, Nippon India Nifty Smallcap 250 Index Fund, and ICICI Prudential Nifty Smallcap 250 Index Fund with 1.49%, 1.11%, 1.01%, and 1% stake, respectively. Mutual Funds have increased holdings from 0.08% to 0.10% in the quarter. 

    Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest.  I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

Registered Address

Tanla Technology Centre, Hitech City Road Madhapur, Hyderabad, Telangana, 500081

Tel : 91-40-40099999
Email : investorhelp:tanla.com
Website : http://www.tanla.com
Registrar

Karvy Computershare Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 532790
NSE Code : TANLA
Book Closure Date (Month) : Aug/Sep
BSE Group : A
ISIN : INE483C01032

FAQ’s on Tanla Platforms Ltd Shares

You can buy Tanla Platforms Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Tanla Platforms Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Mar 28, 2024 04:00 PM the closing price of Tanla Platforms Ltd was ₹ 819.70.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Mar 28, 2024 04:00 PM, the market cap of Tanla Platforms Ltd stood at ₹ 11,021.69.

The latest PE ratio of Tanla Platforms Ltd as of Mar 28, 2024 04:00 PM is 20.37

The latest PB ratio of Tanla Platforms Ltd as of Mar 28, 2024 04:00 PM is 0.16

The 52-week high of Tanla Platforms Ltd share price is ₹ 1,317.95 while the 52-week low is ₹ 493.00

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