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Prices as of 8 Oct 2026 close · Not investment advice

Tanla Platforms Limited

NSE: TANLASoftware Products

Share price

₹498.35

+1.01% close of 9 Oct 2026

Market cap ₹6,610 CrP/E 12.1 (as of 8 Oct 2026)

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

76

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹6,610 Cr

P/E ratio

12.1

P/B ratio

2.7

ROCE

26.3%

ROE

21.4%

Dividend yield

2.5%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹717.7552-week low ₹377.45

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 13.2% over the past year, and 19.8% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 20.5% to 16.5% over the last four years.

Whether it grew faster than its sector

It grew 19.8% a year against a sector median of 14.5% — 5.3 percentage points faster.

Room to re-rate, or risk of de-rating

At 12.1× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 33.7×, across 4 companies. It is against its own five-year median of 18.7×, the 5th percentile of its own range.

Whether growth justifies the valuation

Priced at 3.0 times its growth rate, on earnings growth of 4%.

Profit growthPrice per ₹1 profitPer 1% growth
Tanla Platforms Limited — this one4%/yr12.1×₹3.0
Oracle Financial Services Software Limited13%/yr26.8×₹2.1
C.E. Info Systems Limited2%/yr34.9×₹17.5
Capillary Technologies India Limited31%/yr86.9×₹2.8
TechNVision Ventures Limited0%/yr——
Ramco Systems Limited32%/yr32.4×₹1.0

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Software Products), it ranks 2 of 17 on returns, 6 of 16 on growth, 6 of 17 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A wide advantage: it earns 26.3% on capital, ahead of 88% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹2539 crore of cash from the business, spent ₹598 crore on plant and equipment, and returned ₹1159 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 127 arrived as cash (before interest, which is why it can exceed the profit). Its cash comes back more slowly than it used to: it went from being waiting 4 days for its cash to waiting 38 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

9 of 9 checks clear · 100%

Latest result

What the last results showed. Whether management kept its word is in Pro.

Results are expected soon.

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹6,610 Cr
Prev close
₹498.35
52w High
₹748
52w Low
₹366
Enterprise value
₹5,377 Cr
Beta
1.3
Price CAGR 1y
-30.0%
Price CAGR 3y
-21.0%
Price CAGR 5y
-11.0%
Price CAGR 10y
30.0%

Ratios

Return on assets
13.6%
PEG ratio
3.1
P/E ratio
12.1
P/B ratio
2.7
EV / EBITDA
7.1
Industry P/E
33.6
ROCE
26.3%
ROCE 5y average
38.0%
ROE
21.4%
Debt / Equity
0.0
Interest coverage
91.6
Dividend yield
2.5%
ROE 3y average
25.0%
ROE last year
21.0%

Annual P&L

Annual revenue
₹4,418 Cr
Annual profit
₹509 Cr
Operating margin
16.0%
Net profit margin
11.5%
EBITDA margin
16.4%
Sales growth 3y
9.6%
Sales growth 5y
13.5%
Profit growth 3y
4.0%
Profit growth 5y
8.0%
EPS
₹38.4
Sales growth TTM
13.0%
Profit growth TTM
10.0%
Dividend payout
31.0%

Quarter P&L

Sales latest quarter
₹1,226 Cr
Profit latest quarter
₹142 Cr
YoY quarterly sales growth
17.8%
YoY quarterly profit growth
20.3%
OPM latest quarter
16.4%

Balance Sheet

Book Value
₹191
Face Value
₹1.0
Total debt
₹53 Cr
Total cash
₹1,064 Cr
Borrowings
₹53 Cr
Reserves / Equity
190.4

Cash Flow

Operating cash flow
₹574 Cr
Free cash flow
₹477 Cr
FCF yield
7.1%
Net cash flow
₹247 Cr

Shareholding

Promoter holding
46.2%
FII holding
7.6%
DII holding
0.4%
Public holding
45.4%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Oracle Fin.Serv.10,514.8526.991,5863.831,415.5120.53,125.268.745.3
Tanla Platforms490.0012.26,4992.45142.220.11,226.417.926.3
C.E. Info System879.6535.04,8220.3949.77.9139.714.919.1
Capillary Tech.556.9586.54,4330.00-9.62949.3256.642.73.4
Technvision Ven.4,378.35916.52,7500.002.89300.073.629.913.6
Mobavenue AI Tech300.7066.42,3240.1011.794.372.957.071.6
Ramco Systems539.7032.22,0310.000.6-36.2172.87.119.7
Median137.1030.54560.003.615.856.018.813.9

Competes with: ABM Knowledgeware Limited, AION-TECH SOLUTIONS LIMITED, Avance Technologies Limited, Blue Cloud Softech Solutions Limited, C.E. Info Systems Limited, Capillary Technologies India Limited, IRIS RegTech Solutions Limited, Nucleus Software Exports Limited, Oracle Financial Services Software Limited, Quick Heal Technologies Limited, Ramco Systems Limited, Subex Limited, TechNVision Ventures Limited, Unicommerce Esolutions Limited, Virinchi Limited, Xelpmoc Design And Tech Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales9111,0091,0031,0061,0021,0011,0001,0241,0411,0781,1211,1781,226
Expenses7298128108458148258378618779019319861,025
Material Cost7800000
Change in Inventories00000
Purchases of Stock-in-Trade00000
Employee Cost6266736774
Other Expenses35835857919951
Operating Profit182197193160189175163163164177191192201
OPM %20201916191816161616171616
Other Income5652610109111298814
Exceptional items (within Other Income)00000
Interest1222221111111
Depreciation16232323232325272730323333
Profit before tax170179173162174161147146147156165167181
Tax %20201920191919202020201922
Net Profit135143140130141130119117118125131134142
EPS in Rs1011109.69119.688.808.728.809.439.911011
Diluted EPS in Rs8.809.389.911011

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2424325797921,0041,9432,3413,2063,3553,9284,0284,4184,603
Expenses1663625237269071,7581,9072,5042,7643,1933,3353,6913,842
Material Cost0
Change in Inventories0
Purchases of Stock-in-Trade0
Employee Cost267
Other Expenses3,426
Operating Profit7770566697184435702590735692726761
OPM %321610810919221819171617
Other Income5-22511-3622162642403739
Exceptional items (within Other Income)0
Interest0100072349874
Depreciation76532057733784041468598122128
Profit before tax514391333-237415674567683627634668
Tax %5347-5-5111-11142021201920
Net Profit37411930-211356539448548507509533
EPS in Rs0.260.713.811.702.58-1426403341383840
Diluted EPS in Rs38
Dividend Payout %0287181408530293231

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
26%
5 years
14%
3 years
10%
TTM
13%

Compounded profit growth

10 years
50%
5 years
8%
3 years
4%
TTM
10%

Stock price CAGR

10 years
30%
5 years
-11%
3 years
-21%
1 year
-30%

Return on equity

10 years
23%
5 years
29%
3 years
25%
Last year
21%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital101011111215141413131313
Reserves6116456466767146878801,3401,5041,9282,2552,475
Borrowings000060545483756453
Other Liabilities61981352463214827159878129921,0051,189
Total Liabilities6837537919341,1071,1891,6132,3952,4133,0093,3383,730
Fixed Assets9551466452350257257305484700739761
CWIP365499240613654641049050
Investments0400750000012025
Other Assets2231993004826769181,3492,0361,8652,2052,3892,894
Total Assets6837537919341,1071,1891,6132,3952,4133,0093,3383,730

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity51937232-30239561486247590642574
Cash from Investing Activity-40-73-5-5-54-126-10-111-70-484-22048
Cash from Financing Activity0615574-67-168-97-328-151-208-375
Net Cash Flow11268232-1046384278-151-44214247
Free Cash Flow9196523-1810253042591434514477

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days21870729511261586462787682
Cash Conversion Cycle21870729511261586462787682
Working Capital Days175225215420-4421343038
ROCE %13624-24525938382926

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters444444444444444546464646
FIIs151515151512107.319.068.347.607.63
DIIs0.740.900.660.750.790.460.800.940.760.300.280.38
Public403940414043444644454545
Others0000000.240.240.470.470.470.47
No. of Shareholders2,00,7952,19,6882,40,8822,43,0012,59,7342,80,1023,03,5073,07,3772,77,8232,78,3652,73,7542,64,765

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -30.6% (₹717.75 → ₹498.35)Brick size ₹15.16 (fixed)Bricks 67
₹400₹600₹700₹498Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹498.35 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

-1,036inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

4,23,58,581inr

2026-03-31

News

News and filings about Tanla Platforms Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Sells to

  • Aadhaar / UIDAI · CPaaS / government digital communications
  • Axis Bank · CPaaS / transactional & OTP messaging (A2P aggregator)
  • BookMyShow · CPaaS / omnichannel enterprise messaging
  • Google · RCS Business Messaging / MaaP partnership (Tanla ~60% RCS share in India)
  • HDFC Bank · CPaaS / transactional & OTP messaging (A2P aggregator)
  • ICICI Bank · CPaaS / transactional & OTP messaging (A2P aggregator)
  • Income Tax Department · CPaaS / government digital communications
  • MakeMyTrip · CPaaS / omnichannel enterprise messaging
  • Meta · WhatsApp Business / conversational messaging partnership (top-two player)
  • National Informatics Centre · CPaaS / government digital communications
  • One Mobikwik Systems Limited · CPaaS / omnichannel enterprise messaging
  • PhonePe · CPaaS / omnichannel enterprise messaging
  • State Bank of India · CPaaS / transactional & OTP messaging (A2P aggregator)
  • Swiggy Limited · CPaaS / omnichannel enterprise messaging (A2P, OTP, notifications)
  • Truecaller · exclusive Truecaller Business Messaging partnership (~260mn users)
  • Vodafone Idea · MaaP platform for Google RCS Business Messaging on VI network (MoU)

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Information Technology
Industry
Software Products
Classification
Information Technology › Software Products
ISIN
INE483C01032

News impact

Big market events that reach Tanla Platforms Limited, and how the effect spreads.

Who it hits first

  • Vodafone Idea — ~₹23,000 cr liability cut + staggered payment plan
  • Reduced existential overhang on 3rd-largest Indian telco

Who may gain

  • Indus Towers — tenancy ratio risk lifted
  • Tanla — communications platform demand secured
  • GTL Infrastructure — receivable risk lowered

Along the supply chain

Downstream

Subscribers retain choice; 3-player market sustains tariff discipline

Upstream

Tower / fiber / network gear suppliers — demand reset higher

Where demand moves

Business

VI continues capex / 5G rollout → spectrum demand, tower upgrades, network gear orders

Capital

Capital rotates back to VI long-only mandates; Airtel relative-trade unwound partially

How it spreads across sectors

Banking

PSU banks (SBI, PNB) with VI exposure see lower NPA risk

Telecom

Industry structure preserves 3-player competition

When it plays out

Immediate

VI rallies 10-20%; Indus Towers up 3-6%; Airtel modestly weaker on relative basis

Medium term

Sustained 3-player industry preserves tariff discipline

Short term

VI fundraise / spectrum participation visibility improves

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

30 Apr 2026interim₹6
27 Oct 2025interim₹6
30 Apr 2025interim₹6
27 Jan 2025interim₹6
18 Jul 2024unspecified₹6
5 Feb 2024interim₹6
30 Aug 2023unspecified₹4
18 Aug 2022unspecified₹2

Splits, bonuses & buybacks

  • daily-prices repair: 8 rows from NSE's archive (replace 0, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Bulk & block deals

DateWhoBought / soldSharesPrice
23 Jul 2026MICROCURVES TRADING PRIVATE LIMITEDSELL15,67,603₹636.08
23 Jul 2026MICROCURVES TRADING PRIVATE LIMITEDBUY15,67,603₹635.94
23 Jul 2026QE SECURITIES LLPBUY10,44,060₹633.36
23 Jul 2026QE SECURITIES LLPSELL10,42,524₹627.19
23 Jul 2026RAJDIPKUMAR CHANDRAKANT GUPTABUY8,00,000₹635.42
23 Jul 2026JUNOMONETA FINSOL PRIVATE LIMITEDSELL6,83,224₹630.71
23 Jul 2026JUNOMONETA FINSOL PRIVATE LIMITEDBUY6,83,205₹630.89
27 Apr 2026MICROCURVES TRADING PRIVATE LIMITEDSELL6,96,820₹557.49
27 Apr 2026MICROCURVES TRADING PRIVATE LIMITEDBUY6,96,784₹557.16

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.