Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 24 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Tanla Platforms Ltd

About the Company - Tanla Platforms Ltd

Tanla Platforms Ltd. is a Public Limited Listed company incorporated on 28/07/1995 and has its registered office in the State of Andhra Pradesh, India. Company’s Corporate Identification Number(CIN) is L72200TG1995PLC021262 and registration number is 021262. Currently Company is involved in the business activities of Other information & communication service activities. Company’s Total Operating Revenue is Rs. 1246.87 Cr. and Equity Capital is Rs. 13.57 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
IT Consulting & SoftwareTanla Technology Centre, Hi-Tech City Road, Hyderabad Telangana 500081investorhelp@tanla.com
http://www.tanla.com
Management
NamePosition Held
Mr. D Uday Kumar ReddyChairman & CEO
Mr. Deepak Satyaprakash GoyalExecutive Director
Mr. Sanjay KapoorNon Executive Director
Mr. Rahul KhannaIndependent Director
Ms. Amrita GangotraIndependent Director
Mr. Rohit BhasinLead Independent Director

Tanla Platforms Ltd. Share Price Update

Share PriceValue
Today₹998.00
Previous Day₹1,001.65

Basic Stock Data of Tanla Platforms Ltd

Market Cap 13,402 Cr.
Current Price 997
High / Low1,318/493
Stock P/E24.8
Book Value 130
Dividend Yield0.99 %
ROCE37.9 %
ROE31.2 %
Face Value 1.00

Data Source: screener.in

Competitors of Tanla Platforms Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
63 Moons Technologies Ltd 2,426 Cr. 526691/16212.3 7040.38 %1.99 %1.43 % 2.00
Zensar Technologies Ltd 12,068 Cr. 533644/25919.7 1440.94 %14.5 %11.2 % 2.00
Rolta India Ltd 59.7 Cr. 3.603.87/1.45 5470.00 %6.48 %% 10.0
Persistent Systems Ltd 66,764 Cr. 8,6798,980/3,95964.9 5740.47 %30.3 %25.3 % 10.0
Silver Touch Technologies Ltd 921 Cr. 727780/32065.3 79.00.07 %15.5 %10.8 % 10.0
Industry Average212.14 Cr359.5232.44409.60.37%13.75%9.75%6.8

Tanla Platforms Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales6546496268428858538008518708339111,0091,003
Expenses527515492663682669669712718667729812810
Operating Profit127134135179203184131140151166182197193
OPM %19%21%21%21%23%22%16%16%17%20%20%20%19%
Other Income22434541165565
Interest0001000000122
Depreciation9991011109101215162323
Profit before tax120126130171196178126140145156170179173
Tax %22%19%19%20%19%21%20%21%20%23%20%20%19%
Net Profit94103104136158141100110117120135143140
EPS in Rs6.877.547.6810.0611.6410.367.408.148.588.9510.0710.6110.42

Tanla Platforms Ltd Quarterly Chart

Tanla Platforms Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1781171052424325797921,0041,9432,3413,2063,3553,756
Expenses200106691663625237269071,7581,9072,5042,7643,018
Operating Profit-2211367770566697184435702590738
OPM %-12%10%34%32%16%10%8%10%9%19%22%18%20%
Other Income111225-22511-3622162622
Interest1100100072345
Depreciation13916984765320577337840414677
Profit before tax-161-148-26514391333-237415674567677
Tax %2%0%25%53%47%-5%-51%11%11%14%20%21%
Net Profit-157-147-2037411930-211356539448538
EPS in Rs-15.51-14.53-1.950.260.713.811.702.58-14.4726.1839.7333.3140.05
Dividend Payout %0%0%0%0%28%7%18%14%0%8%5%30%

Tanla Platforms Ltd Profit & Loss Yearly Chart

Tanla Platforms Ltd Growth

Compounded Sales Growth
10 Years:40%
5 Years:33%
3 Years:20%
TTM:11%
Compounded Profit Growth
10 Years:18%
5 Years:93%
3 Years:67%
TTM:15%
Stock Price CAGR
10 Years:73%
5 Years:96%
3 Years:5%
1 Year:50%
Return on Equity
10 Years:16%
5 Years:25%
3 Years:40%
Last Year:31%

Tanla Platforms Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital10101010101111121514141313
Reserves6816055926116456466767086818801,3401,5041,734
Borrowings00000006054548379
Other Liabilities12112161981352463284887159748121,056
Total Liabilities7036276226837537919341,1071,1891,6132,3822,4132,884
Fixed Assets3982381579551466452350257257305484779
CWIP552113613654992406136546410
Investments028504007500000
Other Assets250150992231993004826769181,3492,0231,8652,095
Total Assets7036276226837537919341,1071,1891,6132,3822,4132,884

Tanla Platforms Ltd Reserves and Borrowings Chart

Subex Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 140433951937232-30239561486247
Cash from Investing Activity -214-155-44-40-73-5-5-54-126-10-111-70
Cash from Financing Activity 5866-00615574-67-168-97-328
Net Cash Flow-17-47-511268232-1046384278-151

Tanla Platforms Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days30426012321870729511261586462
Inventory Days
Days Payable
Cash Conversion Cycle30426012321870729511261586462
Working Capital Days342345176175225215920-4623
ROCE %-22%-22%-3%1%3%6%2%4%-25%52%59%38%

Tanla Platforms Ltd Financial Efficiency Indicators Chart

Tanla Platforms Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters41.22%42.29%42.51%43.74%43.74%43.74%43.73%43.73%44.18%44.18%44.17%44.16%
FIIs11.82%12.96%13.41%13.47%13.46%13.46%12.73%14.02%14.23%14.56%15.15%15.46%
DIIs3.27%1.56%1.57%0.05%3.03%2.77%0.09%0.07%0.07%0.38%0.74%0.90%
Public43.69%43.20%42.51%42.74%39.77%40.03%43.43%42.16%41.50%40.89%39.94%39.46%
No. of Shareholders61,58671,57877,23190,8951,30,0401,53,7852,44,9972,63,5622,23,2561,96,3252,00,7952,19,688

Tanla Platforms Ltd Shareholding Pattern Chart

No. of Tanla Platforms Ltd Shareholders

Tanla Platforms Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
Aditya Birla Sun Life Digital India Fund4486871.0749.12
Aditya Birla Sun Life Small Cap Fund4160520.8745.54
Franklin India Technology Fund756890.78.29
Nippon India Nifty Smallcap 250 Index Fund484420.555.3
Motilal Oswal Nifty Smallcap 250 Index Fund302730.553.31
Axis Nifty Smallcap 50 Index Fund300521.643.29
SBI Nifty Smallcap 250 Index Fund237630.552.6
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund203201.652.22
ICICI Prudential Nifty Smallcap 250 Index Fund113100.551.24
HDFC NIFTY Smallcap 250 ETF65650.550.72

Tanla Platforms Ltd ROCE Trend

Tanla Platforms Ltd EPS Trend

Tanla Platforms Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue1.001.001.001.001.00
Basic EPS (Rs.)33.0539.7725.27-14.772.58
Diluted EPS (Rs.)33.0439.7725.27-14.772.58
Cash EPS (Rs.)36.7442.7429.0911.538.94
Book Value[Excl.RevalReserv]/Share (Rs.)112.9199.7565.6548.0762.75
Book Value[Incl.RevalReserv]/Share (Rs.)112.9199.7565.6548.0762.75
Revenue From Operations / Share (Rs.)249.59236.17172.12133.1086.83
PBDIT / Share (Rs.)45.6952.7733.4813.529.28
PBIT / Share (Rs.)42.2649.7630.57-12.362.95
PBT / Share (Rs.)42.1649.6630.49-16.142.92
Net Profit / Share (Rs.)33.3139.7326.18-14.352.61
NP After MI And SOA / Share (Rs.)33.3139.7326.18-14.472.58
PBDIT Margin (%)18.3022.3419.4410.1510.69
PBIT Margin (%)16.9321.0617.75-9.283.39
PBT Margin (%)16.8921.0217.71-12.123.36
Net Profit Margin (%)13.3416.8215.21-10.783.00
NP After MI And SOA Margin (%)13.3416.8215.21-10.862.97
Return on Networth / Equity (%)29.4939.8239.87-30.094.11
Return on Capital Employeed (%)35.6348.0145.93-25.154.41
Return On Assets (%)18.5522.5222.08-17.602.69
Long Term Debt / Equity (X)0.000.000.000.000.06
Total Debt / Equity (X)0.000.000.000.000.06
Asset Turnover Ratio (%)0.690.910.811.060.81
Current Ratio (X)2.121.901.791.611.99
Quick Ratio (X)2.121.901.791.611.99
Dividend Payout Ratio (NP) (%)24.252.503.81-2.3813.61
Dividend Payout Ratio (CP) (%)21.992.333.433.013.93
Earning Retention Ratio (%)75.7597.5096.19102.3886.39
Cash Earning Retention Ratio (%)78.0197.6796.5796.9996.07
Interest Coverage Ratio (X)449.55541.91423.7030.76331.88
Interest Coverage Ratio (Post Tax) (X)328.68408.99332.35-24.0594.17
Enterprise Value (Cr.)6316.2119868.1810524.56507.39319.72
EV / Net Operating Revenue (X)1.886.204.490.260.31
EV / EBITDA (X)10.2827.7423.112.572.98
MarketCap / Net Operating Revenue (X)2.096.474.740.360.42
Retention Ratios (%)75.7497.4996.18102.3886.38
Price / BV (X)4.6315.3112.441.010.58
Price / Net Operating Revenue (X)2.096.474.740.360.42
EarningsYield0.060.020.03-0.290.06

Tanla Platforms Ltd Profitability Ratios (%)

Tanla Platforms Ltd Liquidity Ratios

Tanla Platforms Ltd Liquidity Ratios (%)

Tanla Platforms Ltd Interest Coverage Ratios (X)

Tanla Platforms Ltd Valuation Ratios

Fair Value / Intrinsic Value of Tanla Platforms Ltd

Fair Value: ₹1015.85

The stock is undervalued by 1.89% compared to the current price ₹997

*Investments are subject to market risks

Strength and Weakness of Tanla Platforms Ltd

StrengthWeakness
  1. The company has higher reserves (869.46 cr) compared to borrowings (21.92 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (189.08 cr) and profit (143.46 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 22.64 and average Dividend Yield of 9.97%.
  2. The stock has a low average ROCE of 7.75%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 99.17, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 124.92, which may not be favorable.

Should I Buy Subex Ltd Share Now?

  • Based on the analysis of various financial indicators, it may be worth considering investment in Tanla Platforms Ltd:
    1. Net Profit Margin: 13.34% (Higher values are generally favorable)
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 35.63% (Industry Average ROCE: 26.88%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. Interest Coverage Ratio (Post Tax): 328.68 (Higher values, preferably > 2, are recommended)
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    4. Quick Ratio: 2.12 (Higher values, preferably > 1, are recommended)
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    5. ✓ Stock P/E: 24.8 (Industry average Stock P/E: 43.08)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    6. ✓ Total Debt / Equity: 0.00 (Lower values, preferably < 1, are preferred)
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    While these metrics suggest potential opportunity, it's essential to conduct thorough research or seek advice from financial experts before making any investment decisions.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Tanla Platforms Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE