Tanla Platforms Limited (formerly known as Tanla Solutions Limited) started Journey as the new millennium set in with a small group of mobile messaging experts, with a base in Hyderabad, India, to create a world-class messaging service.
From 2000 till now, They have come a long way. Today, They have achieved global leadership in Their domain as one of the largest Cloud Communication providers in the world.
Talna Platform are innovating the way world communicates, continuously raising the bar through enhanced speed, ease and simplicity of our Cloud solutions. Over the years, They have developed and delivered cutting-edge technology and products which meet the discerning needs of a diverse clientele, from enterprises to carriers across geographies.
The standards we have set are industry-defying, difficult to surpass even by us. But then, that’s what we do best, beating us at our own game.
Financial Details of Tanla Platforms
Particulars in Cr. | Mar-16 | Mar-17 | Mar-18 | Mar-19 | Mar-20 | Mar-21 | Mar-22 |
Sales | 432 | 579 | 792 | 1,004 | 1,943 | 2,341 | 3,206 |
Expenses | 362 | 523 | 726 | 907 | 1,758 | 1,907 | 2,504 |
Operating Profit | 70 | 56 | 66 | 97 | 184 | 435 | 702 |
OPM % | 16% | 10% | 8% | 10% | 9% | 19% | 22% |
Other Income | -2 | 2 | 5 | 11 | -36 | 22 | 16 |
Interest | 1 | 0 | 0 | 0 | 7 | 2 | 3 |
Depreciation | 53 | 20 | 57 | 73 | 378 | 40 | 41 |
Profit before tax | 14 | 39 | 13 | 33 | -237 | 415 | 674 |
Tax % | 47% | -5% | -51% | 11% | 11% | 14% | 20% |
Net Profit | 7 | 41 | 19 | 30 | -211 | 356 | 539 |
EPS in Rs | 0.71 | 3.81 | 1.7 | 2.58 | -14.47 | 26.18 | 39.73 |
Dividend Payout % | 28% | 7% | 18% | 14% | 0% | 8% | 5% |
Tanla Platforms Buy Back Offer Deal:
Buyback Type: | Tender Offer |
Buyback Record Date: | Oct 25 2022 |
Buyback Offer Amount: | ₹ 170 crore |
Date of Board Meeting approving the proposal: | Sep 08 2022 |
Date of Public Announcement: | Sep 08 2022 |
Buyback Number of Shares: | 14,16,666 |
Price Type: | Tender Offer |
FV: | 1 |
Buyback Price: | ₹ 1200 Per Equity Share |
Tanla Platforms Buyback Dates (Timeline)
Board Meeting for Buyback Proposal | 8 September 2022 |
Buyback Approval Date | 8 September 2022 |
Public Announcement of Buyback | 13 October 2022 |
Tanla Platforms Buyback Record Date | 25 October 2022 |
Buyback Opening Date | Coming soon |
Buyback Closing Date | Coming soon |
Cut-off Date to receive completed tender forms by Registrar | Coming soon |
Verification Date by the Registrar | Coming soon |
Return of unaccepted shares by Registrar | Coming soon |
Extinguishment of accepted shares | Coming soon |
Calculation of Investment in Tanla Platforms Buyback
Maximum market value of a share holder as on record date | INR 2,00,000 |
Buyback price per share | INR 1,200 |
Maximum shares for small shareholder (2,00,000/1,200) | 167 shares * |
Closing price of stock as on 8 Sep 2022 | INR 834.35** |
Maximum amount invested in buyback ( shares) | INR 1,39,336 |