Tanla Platforms Limited (BSE:532790)

Application Software Employees: 162 Incorporated: 1995 in Andhra Pradesh, IN

Tanla Technology Centre

Tanla Platforms Limited, together with its subsidiaries, provides cloud communication services for mobile operators and enterprises
Hi-Tech City Road
in India and internationally. It offers messaging products and services, such as Application to Peer short message services (SMS) on
Madhapur
business-as-a-service basis; SMS Firewall, a telco grade platform that plugs loop holes in the telecom network for fraud and revenue
Hyderabad 500081
leakage using various filtering capabilities; SMS Hub, a solution that simplifies SMS interoperability, manages number portability, and
India
introduces real-time online monitoring to manage large volumes of SMS; unstructured supplementary service data (USSD) Center for
Phone: 91 40 4009 9999
service providers, MVNO’s, and wireless operators to offer USSD-based applications and services...
www.tanla.com

Key Statistics
12 Months 12 Months 12 Months 12 Months 12 Months
Mar-31-2020A Mar-31-2021A Mar-31-2022A Mar-31-2023E Mar-31-2024E
Total Revenue 19,428.40 23,414.66 32,059.73 38,351.00 45,018.00
Growth Over Prior Year 93.5% 20.5% 36.9% 19.6% 17.4%
Gross Profit Margin % 14.1% 20.5% 23.9% - -
EBITDA Margin % 24.8% 18.2% 21.8% 21.8% 22.4%
EPS Estimate (INR)
EBIT Margin % 5.8% 16.8% 20.6% 20.6% 21.1%
Net Income Margin % (10.9%) 15.2% 16.8% 16.4% 16.4%
Diluted EPS Excl. Extra Items (14.77) 25.27 39.74 46.50 54.30
Diluted EPS Excl. Extra Items... - - 57.3% 17.0% 16.8%

Revenue by Business and Geographic Segments (INR, mm)

Estimates
Recommendation Buy(1.00)
Target Price 1358.00000000

Forward Multiples
FY2023 FY2024
P/E 19.42x 16.63x
TEV/REV 2.99x 2.55x
TEV/EBITDA 13.72x 11.41x
* Segments with negative values, such as corporate eliminations, are excluded from the total and percentage P/BV 6.26x 4.60x
calculations and do not appear on the charts
Capitalization
Top Holders
Share Price as of Jul-15-2022 903.00
Common Stock % of Total Shares Market Value (INR
Holder Shares Out. 136.08
Equivalent Held Outstanding in mm)
Market Capitalization 122,884.25
Reddy, Dasari Uday Kumar 50,327,352 36.98 45,444.0
- Cash & Short Term Investments 8,622.70
Capital Research and Management Company 10,668,068 7.84 9,632.9
+ Total Debt 535.30
AXIS Bank Limited, Asset Management Arm 4,436,169 3.26 4,005.7
+ Pref. Equity -
Amansa Capital Pte. Ltd. 4,084,000 3.00 3,687.7
+ Total Minority Interest -
Goyal, Deepak Satyaprakash 3,810,454 2.80 3,440.7
= Total Enterprise Value (TEV) 114,796.86
Holders as of Monday, July 18, 2022
Impl.Shares Out -
Share Price & Volume (INR) Impl.Market Cap -
Market Data
Book Value of Common Equity 13,540.44
Last (Delayed) 903.00 Market Cap (mm) 122,884.3
+ Pref. Equity -
Open 956.20 Shares Out. (mm) 136.1
+ Total Minority Interest -
Previous Close 903.00 Float % 45.8%
Change on Day (34.75) Shares Sold... -
Change % on Day (3.7%) Dividend Yield % 0.2%
Day High/Low 956.20/888.85 Diluted EPS 39.74
52 wk High/Low 2,094.4/790.0 Excl....
P/Diluted EPS... 22.72x
Volume (mm) 0.03 Avg 3M Dly Vlm... 0.03
Beta 5Y 2.12

Key Executives and Board Members

Reddy, Dasari Uday Founder, Executive Chairman & CEO Events
Kumar
Viswanathan, Aravind Chief Financial Officer Date/Time Event
Vinjamuri, Sriram Chief Operating Officer Jul-25-2022 Earnings Release Date
Srinivasa
Arora, Harish Chief Technology Officer Jul-25-2022 Board Meeting
Chava, Seshanuradha General Counsel, Company Secretary, Chief
Regulatory...

Date Created: Jul-18-2022 Copyright © 2022 S&P Global Market Intelligence, a division of S&P Global Inc. All Rights reserved.
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