loader2
Partner With Us NRI

Tanla Platforms Ltd share Price Today

Company details

941.00
952.90
782.05
1,317.95
6M Return -15.30%
1Y Return -8.53%
Mkt Cap.(Cr) 12,660.75
Volume 217,108
Div Yield 0.64%
OI
-
OI Chg %
-
Volume 217,108

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500

Internet Software & Services company Tanla Platforms announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Revenue increased by 20.6% YoY to Rs 10,055 million
  • Gross profit at Rs 2,686 million. Gross margin at 26.7%
  • Adjusted EBITDA at Rs 1,877 million. Adjusted EBITDA margin at 18.7%. Reported EBITDA at Rs 1,604 million
  • Adjusted Profit after tax increased by 10.4% YoY to Rs 1,361 million. Adjusted Profit after tax margin at 13.5%. Reported PAT at Rs 1,302 million
  • Earnings per share increased by 9.1% YoY to Rs 9.69
  • Free cash flow of Rs 1,492 million

FY24 Financial Highlights:

  • Revenue increased by 17.1% YoY to Rs 39,278 million
  • Gross profit at Rs 10,559 million. Gross margin at 26.9%
  • Adjusted EBITDA at Rs 7,595 million. Adjusted EBITDA margin at 19.3%. Reported EBITDA at Rs 7,322 million
  • Adjusted Profit after tax increased by 23.0% YoY to Rs 5,542 million. Adjusted Profit after tax margin at 14.1%. Reported PAT at Rs 5,483 million
  • Earnings per share increased by 23.4% YoY to Rs 40.78
  • Cash & Cash Equivalents at Rs 6,810 million and free cash flow of Rs 4,311 million

Uday Reddy, Founder Chairman & CEO, said, “FY24 has been an eventful year across all dimensions of innovation, customer success, and brand– commercializing greenfield platforms like Wisely ATP, value creation through the successful integration of ValueFirst acquisition, the strategic shift towards OTT channels, and showcasing our brand at scale. I am very excited as we enter the new year with the opportunities ahead of us.”

Result PDF

View Other Company Results

Tanla Platforms Ltd shares SWOT Analysis

Strengths (4)

  • Rising Net Cash Flow and Cash from Operating activity
  • Company with No Debt
  • Book Value per share Improving for last 2 years

Weakness (5)

  • MFs decreased their shareholding last quarter
  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Inefficient use of shareholder funds - ROE declining in the last 2 years

Opportunity (0)

Data not found

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 949.3
R2 957.1
R3 961.2
Pivot

945.17

S1 937.4
S2 933.3
S3 925.5
EMA SMA
934.3
925.1
936.3
945.9
929.8
915.3
926.0
976.3
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-04-10 997.4 764764 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2024-04-10 998.46 764764 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-01-10 1162.55 763456 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 941.60 3,904.15 1,566.75 1,459.60 514.85
% Change -0.42 -0.76 -0.42 0.32 0.79
Mcap Cr 12,660.75 1,412,555.83 650,337.09 396,086.54 269,016.23
Revenue TTM Cr 3,354.55 240,893.00 153,670.00 101,456.00 89,760.30
Net Profit TTM Cr 447.65 46,099.00 26,248.00 14,845.00 11,112.10
PE TTM 23.09 30.32 25.00 25.23 24.73
1 Year Return -8.53 21.42 21.14 24.73 34.88
ROCE 37.77 62.85 44.74 27.62 16.38
ROE 31.18 51.04 37.12 23.32 14.60
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 1,517.49 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 29,542.69 26,564.54
LAST 3M 107,300.08 -872.81
LAST 6M 187,950.75 839.71
LAST 12M 304,454.24 86,051.23

Tanla Platforms Ltd Information

Stock PE (TTM)
23.09
Promoter Holding
44.15%
Book Value
144.4138
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 Jun 28, 2024 03:58 PM the closing price of Tanla Platforms Ltd was Rs.941.60.

The latest PE ratio of Tanla Platforms Ltd as of Jun 28, 2024 03:58 PM is 23.09

The latest PB ratio of Tanla Platforms Ltd as of Jun 28, 2024 03:58 PM is 0.15

The 52-week high of Tanla Platforms Ltd share price is Rs. 1,317.95 while the 52-week low is Rs. 782.05

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 Jun 28, 2024 03:58 PM, the market cap of Tanla Platforms Ltd stood at Rs. 12,660.75 Cr.

Download App

Download Our App

Play Store App Store
market app