Tanla Platforms Ltd

Tanla Platforms Ltd

₹ 676 -0.25%
22 Nov 10:30 a.m.
About

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]

Key Points

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]

  • 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
294 364 361 323 284 286 255 247 238 263 264 240 223
267 332 325 303 261 263 235 233 228 252 242 217 205
Operating Profit 28 32 36 20 23 23 20 14 10 11 22 23 18
OPM % 9% 9% 10% 6% 8% 8% 8% 6% 4% 4% 8% 9% 8%
17 4 4 4 106 4 2 2 57 4 75 7 87
Interest 0 0 0 0 0 0 0 0 6 6 6 6 6
Depreciation 2 2 2 2 2 2 2 2 2 2 2 2 2
Profit before tax 43 34 39 22 128 25 20 14 59 6 88 21 97
Tax % 19% 22% 26% 21% 6% 25% 20% 26% 4% 30% 8% 20% 4%
35 27 29 18 121 19 16 10 57 4 81 17 93
EPS in Rs 2.55 1.96 2.13 1.30 8.89 1.40 1.22 0.78 4.22 0.33 6.02 1.27 6.93
Raw PDF

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%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
43.74% 43.74% 43.74% 43.73% 43.73% 44.18% 44.18% 44.17% 44.16% 44.16% 44.16% 44.12%
13.47% 13.46% 13.46% 12.73% 14.02% 14.23% 14.56% 15.15% 15.46% 15.13% 14.55% 14.64%
0.05% 3.03% 2.77% 0.09% 0.07% 0.07% 0.38% 0.74% 0.90% 0.66% 0.75% 0.79%
42.74% 39.77% 40.03% 43.43% 42.16% 41.50% 40.89% 39.94% 39.46% 40.04% 40.55% 40.42%
No. of Shareholders 90,8951,30,0401,53,7852,44,9972,63,5622,23,2561,96,3252,00,7952,19,6882,40,8822,43,0012,59,734

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls