Tanla Platforms Ltd
Tanla Platforms Ltd (formerly Tanla Solutions Ltd) is a cloud communications provider enabling businesses to communicate with their customers and intended recipients. It is headquartered in Hyderabad, India. It is a global A2P(application to person) messaging platform provider. [1] [2]
- Market Cap ₹ 9,099 Cr.
- Current Price ₹ 676
- High / Low ₹ 1,248 / 651
- Stock P/E 46.5
- Book Value ₹ 44.5
- Dividend Yield 1.77 %
- ROCE 26.3 %
- ROE 26.2 %
- Face Value ₹ 1.00
Pros
- Company has been maintaining a healthy dividend payout of 68.7%
- Company's median sales growth is 31.0% of last 10 years
Cons
- Stock is trading at 15.2 times its book value
- The company has delivered a poor sales growth of 4.57% over past five years.
- Tax rate seems low
- Earnings include an other income of Rs.173 Cr.
- Debtor days have increased from 73.2 to 95.0 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: IT - Software Industry: Computers - Software - Medium / Small
Part of BSE 250 SmallCap Index Nifty Smallcap 250 Nifty Smallcap 100 BSE Allcap Nifty 500
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
27 | 26 | 133 | 280 | 499 | 692 | 809 | 1,060 | 892 | 1,247 | 1,149 | 1,012 | 989 | |
26 | 20 | 121 | 267 | 462 | 640 | 728 | 934 | 759 | 1,114 | 1,062 | 955 | 916 | |
Operating Profit | 1 | 6 | 12 | 13 | 37 | 52 | 81 | 126 | 133 | 133 | 87 | 57 | 73 |
OPM % | 5% | 22% | 9% | 5% | 7% | 7% | 10% | 12% | 15% | 11% | 8% | 6% | 7% |
7 | -4 | 5 | 0 | -27 | 5 | 10 | -40 | 71 | 27 | 116 | 138 | 173 | |
Interest | 0 | 0 | 0 | 1 | 0 | 1 | 3 | 6 | 0 | 0 | 0 | 19 | 25 |
Depreciation | 11 | 11 | 10 | 3 | 11 | 49 | 68 | 321 | 7 | 6 | 7 | 8 | 8 |
Profit before tax | -3 | -9 | 6 | 10 | -2 | 6 | 20 | -240 | 196 | 154 | 196 | 168 | 213 |
Tax % | -32% | 4% | 48% | 63% | -58% | -105% | 13% | -17% | 19% | 23% | 11% | 9% | |
-2 | -10 | 3 | 4 | -1 | 13 | 17 | -199 | 159 | 119 | 174 | 153 | 196 | |
EPS in Rs | -0.18 | -0.95 | 0.30 | 0.36 | -0.06 | 1.16 | 1.48 | -13.63 | 11.66 | 8.74 | 12.93 | 11.35 | 14.55 |
Dividend Payout % | 0% | 0% | 0% | 56% | -427% | 26% | 24% | 0% | 17% | 23% | 77% | 106% |
Compounded Sales Growth | |
---|---|
10 Years: | 44% |
5 Years: | 5% |
3 Years: | 4% |
TTM: | -4% |
Compounded Profit Growth | |
---|---|
10 Years: | 83% |
5 Years: | 55% |
3 Years: | 6% |
TTM: | 91% |
Stock Price CAGR | |
---|---|
10 Years: | 47% |
5 Years: | 62% |
3 Years: | -25% |
1 Year: | -26% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 13% |
3 Years: | 23% |
Last Year: | 26% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 10 | 10 | 10 | 10 | 11 | 11 | 12 | 15 | 14 | 14 | 13 | 13 | 13 |
Reserves | 615 | 605 | 615 | 626 | 630 | 653 | 682 | 648 | 653 | 687 | 554 | 582 | 586 |
0 | 0 | 0 | 0 | 0 | 0 | 60 | 0 | 0 | 0 | 0 | 255 | 255 | |
24 | 9 | 45 | 55 | 132 | 241 | 299 | 225 | 327 | 419 | 321 | 479 | 401 | |
Total Liabilities | 649 | 625 | 671 | 691 | 772 | 905 | 1,052 | 887 | 993 | 1,119 | 888 | 1,329 | 1,255 |
46 | 35 | 31 | 25 | 449 | 425 | 337 | 32 | 31 | 31 | 28 | 31 | 30 | |
CWIP | 18 | 6 | 0 | 0 | 20 | 0 | 6 | 0 | 0 | 0 | 1 | 1 | 0 |
Investments | 502 | 480 | 531 | 537 | 53 | 54 | 130 | 290 | 329 | 328 | 327 | 701 | 735 |
83 | 104 | 108 | 129 | 251 | 426 | 580 | 565 | 632 | 760 | 531 | 597 | 490 | |
Total Assets | 649 | 625 | 671 | 691 | 772 | 905 | 1,052 | 887 | 993 | 1,119 | 888 | 1,329 | 1,255 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
8 | -34 | 47 | 19 | 65 | 16 | -21 | 97 | 304 | 97 | 90 | 109 | |
-31 | 11 | -45 | -6 | -4 | -5 | -53 | -48 | -22 | -43 | 145 | -281 | |
0 | 22 | 5 | 6 | 15 | 5 | 74 | -65 | -161 | -94 | -321 | 121 | |
Net Cash Flow | -23 | -1 | 7 | 19 | 76 | 16 | -1 | -16 | 121 | -40 | -86 | -51 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 548 | 589 | 170 | 85 | 69 | 91 | 107 | 85 | 82 | 69 | 56 | 95 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 548 | 589 | 170 | 85 | 69 | 91 | 107 | 85 | 82 | 69 | 56 | 95 |
Working Capital Days | 292 | 879 | 60 | 23 | -10 | 14 | 52 | 55 | 6 | 28 | 14 | 6 |
ROCE % | -0% | 0% | 1% | 2% | 4% | 1% | 3% | -26% | 24% | 23% | 31% | 26% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 13 Nov
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
23 Oct - Transcript of Q2 FY25 earnings call for Tanla Platforms.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
18 Oct - Recording of Q2-FY'25 earnings call available.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 18 Oct
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Letter To Shareholders For Quarter Ended September 30, 2024
17 Oct - Letter to shareholders for Q2 FY25 results.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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Oct 2024Transcript PPT REC
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Jul 2024Transcript PPT
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Apr 2024Transcript PPT
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Jan 2024Transcript PPT REC
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Oct 2023Transcript PPT
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Oct 2022Transcript PPT
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Jul 2022TranscriptPPT
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May 2022Transcript PPT
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Apr 2022TranscriptNotesPPT
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Oct 2021Transcript PPT
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Oct 2021TranscriptNotesPPT
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May 2021TranscriptNotesPPT
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Feb 2021TranscriptNotesPPT
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Oct 2020TranscriptNotesPPT
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Aug 2020TranscriptNotesPPT
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Jun 2020TranscriptNotesPPT
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Jul 2019TranscriptNotesPPT
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May 2019TranscriptNotesPPT
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Nov 2018TranscriptNotesPPT
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Aug 2018TranscriptNotesPPT
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Jun 2018Transcript PPT
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Jan 2018TranscriptNotesPPT
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Nov 2017Transcript PPT
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Aug 2017TranscriptPPT
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May 2017TranscriptPPT
Customers[1]
Airtel, SFR, google, Facebook, Linkedin, HDFC Bank, Kotak Bank, Axis Bank, CMAS, Dept of Telecommunications, Truecaller, etc.
~50% of Tanla's top 50 customers have been with them for more than 7 years.[2]