MarketFriction

Tanla Platforms Ltd

NSE TANLA · BSE 532790 · Software Products
₹487.75 -0.89%
NSE close2026-10-01
52 week range365.90 - 748.45
Market cap₹6,508 Cr.
P/E12.2
Microcap 250 Price band 20% Delivery 37.5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,0091,0031,0061,0021,0011,0001,0241,0411,0781,1211,1781,226
Expenses8128108458148258378618779019319861,025
Operating Profit197193160189175163163164177191192201
OPM %20%19%16%19%18%16%16%16%16%17%16%16%
Other Income652610109111298814
Interest222221111111
Depreciation232323232325272730323333
Profit before tax179173162174161147146147156165167181
Tax %20%19%20%19%19%19%20%20%20%20%19%22%
Net Profit143140130141130119117118125131134142
EPS in Rs10.6010.429.6910.509.688.808.728.809.439.9110.1310.72
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4325797921,0041,9432,3413,2063,3553,9284,0284,4184,603
Expenses3625237269071,7581,9072,5042,7643,1933,3353,6913,842
Operating Profit70566697184435702590735692726761
OPM %16%10%8%10%9%19%22%18%19%17%16%17%
Other Income-22511-3622162642403739
Interest100072349874
Depreciation532057733784041468598122128
Profit before tax14391333-237415674567683627634668
Tax %47%-5%-51%11%-11%14%20%21%20%19%20%
Net Profit7411930-211356539448548507509533
EPS in Rs0.713.811.702.58-14.4726.1839.7333.3140.7837.6838.3940.19
Dividend Payout %28%7%18%14%0%8%5%30%29%32%31%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth26%14%10%13%
Compounded Profit Growth50%8%4%10%
Stock Price CAGR31%-11%-22%-26%
Return on Equity23%29%25%21%
Mar 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
Mar 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
CFO/OP66%133%127%49%-32%154%142%86%66%94%106%102%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days21870729511261586462787682
Inventory Days
Days Payable
Cash Conversion Cycle21870729511261586462787682
Working Capital Days175225215420-4421343038
ROCE %1%3%6%2%4%-24%52%59%38%38%29%26%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters44.17%44.16%44.16%44.16%44.12%44.11%44.11%45.49%46.17%46.17%46.17%46.17%
FIIs15.15%15.46%15.13%14.55%14.64%12.48%10.39%7.31%9.06%8.34%7.60%7.63%
DIIs0.74%0.90%0.66%0.75%0.79%0.46%0.80%0.94%0.76%0.30%0.28%0.38%
Public39.94%39.46%40.04%40.55%40.42%42.95%44.45%46.02%43.55%44.73%45.48%45.35%
Others0.00%0.00%0.00%0.00%0.00%0.00%0.24%0.24%0.47%0.47%0.47%0.47%
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

Fundamentals

Market Cap₹ 6,508 Cr.
Current Price₹ 491
Stock P/E12.2
Book Value₹ 188
ROCE26.3 %
ROE21.4 %
Dividend Yield2.45 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)13%
Compounded Profit Growth (TTM)10%
Consolidated figures.
Valuation
Market capRs 6,468 Cr
Enterprise valueRs 5,457 Cr
P/E (TTM)12.14x
Price to book2.60x
Price to sales1.41x
EV / EBITDA6.82x
EV / EBIT8.12x
EV / sales1.19x
Price to cash flow11.27x
Earnings yield8.24%
Dividend yield2.46%
P/E, 3-year average14.11x
P/B, 3-year average3.49x
P/E, 5-year average19.29x
P/B, 5-year average6.08x
Profitability
Operating margin (excl. other income)16.44%
Operating margin (incl. other income)17.28%
EBITDA margin17.39%
Pre-tax margin14.52%
Net profit margin11.58%
Net margin, latest quarter11.59%
ROE21.41%
ROCE26.32%
ROA14.41%
ROE, 3-year average25.74%
ROCE, 3-year average31.26%
ROA, 3-year average16.87%
ROE, 5-year average31.28%
ROCE, 5-year average38.09%
ROA, 5-year average19.23%
ROIC (approx.)36.53%
Tax rate19.75%
Other income / net worth1.50%
Growth
Sales growth (latest year)9.68%
Profit growth (latest year)0.37%
Sales CAGR, 3 years9.61%
Sales CAGR, 5 years13.54%
Profit CAGR, 3 years4.38%
Profit CAGR, 5 years7.41%
Sales growth QoQ4.15%
Profit growth QoQ5.84%
Sales growth YoY (latest quarter)17.85%
Profit growth YoY (latest quarter)20.07%
Per share
EPS (TTM)Rs 40.18
EPS (latest year)Rs 38.39
EPS (latest quarter)Rs 10.72
EPS, 3-year averageRs 38.95
EPS, 5-year averageRs 37.98
Book value per shareRs 187.61
Sales per shareRs 347.12
Cash flow per shareRs 43.30
Free cash flow per shareRs 35.97
Dividend per share (latest year)Rs 12.00
Dividend per share, 3-year averageRs 12.00
Dividend per share, 5-year averageRs 9.60
Dividends
Dividend payout31.25%
Dividend payout, 3-year average30.84%
Dividend payout, 5-year average25.52%
Efficiency
Asset turnover1.18x
Fixed asset turnover5.81x
Debtor days82 days
Debtors turnover4.47x
Cash conversion cycle82 days
Working capital days38 days
Leverage
Total debtRs 53 Cr
Cash and bankRs 1,064 Cr
Net debtRs -1,011 Cr
Debt to equity0.02x
Net debt / EBITDA-1.26x
Interest coverage162.41x
Current ratio (filing 2026-03-31)2.30x
Quick ratio (filing 2026-03-31)2.30x
Trade payables (filing 2026-03-31)Rs 679 Cr
Owners' fund to total sources66.70%
Debt to assets1.41%
Cash flow
Cash from Operating Activity (latest year)Rs 574 Cr
Cash from Investing Activity (latest year)Rs 48 Cr
Cash from Financing Activity (latest year)Rs -375 Cr
Net Cash Flow (latest year)Rs 247 Cr
Free cash flow (latest year)Rs 477 Cr
FCFE (approx.: FCF + change in debt)Rs 466 Cr
Cash from ops / profit, 5 years1.00x
Sales to cash flow7.69x
Statement figures
Net sales (TTM)Rs 4,603 Cr
Net sales (latest year)Rs 4,418 Cr
Sales (latest quarter)Rs 1,226 Cr
Operating profit excl. other income (latest year)Rs 726 Cr
Operating profit (latest quarter)Rs 201 Cr
Other income (TTM)Rs 39 Cr
EBITDA (TTM)Rs 800 Cr
PBDT (TTM)Rs 796 Cr
Profit before tax (TTM)Rs 668 Cr
Tax (latest year)Rs 125 Cr
Net profit (TTM)Rs 533 Cr
Net profit (latest year)Rs 509 Cr
Net profit (latest quarter)Rs 142 Cr
Depreciation (TTM)Rs 128 Cr
Depreciation (latest quarter)Rs 33 Cr
Interest (TTM)Rs 4 Cr
Cost of goods sold (latest year)Rs 3,260 Cr
Total expenditure (latest year)Rs 3,691 Cr
Total income (latest year)Rs 4,455 Cr
Share capitalRs 13 Cr
ReservesRs 2,475 Cr
Shareholders' fundsRs 2,488 Cr
Total assetsRs 3,730 Cr
Net blockRs 761 Cr
Capital work in progressRs 50 Cr
InvestmentsRs 25 Cr
ReceivablesRs 988 Cr
Other liabilitiesRs 1,189 Cr
Shares outstanding (crore)13.26
Ownership
Promoter holding46.17% (+0.68 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 12.1 is at the 14th percentile of its own 8.4-year range (median 21.2, low 9.9, high 70.1).
P/B 2.60 is at the 35th percentile (median 3.76).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodTANLANifty 50Difference
1 week-0.4%-2.8% +2.4 pts
1 month-10.2%-6.8% -3.4 pts
3 months-9.5%-7.6% -1.9 pts
6 months+29.2%+0.4% +28.8 pts
1 year-32.3%-9.9% -22.4 pts
2 years-48.2%-13.6% -34.6 pts
3 years-53.0%+14.2% -67.2 pts
5 years-46.7%+27.9% -74.6 pts
7 mutual fund schemes hold about ₹43 Cr. Over three months 5 bought more and 0 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Abakkus Small Cap Fund1.19%33 +17%
Motilal Oswal Nifty Microcap 250 Index Fund0.38%9 +3%
Groww Nifty Total Market Index Fund0.02%0 +11%
Angel One Nifty Total Market Index Fund0.02%0 +4%
Mirae Asset Nifty Total Market Index Fund0.02%0 +11%
Bandhan Nifty Total Market Index Fund0.02%0 +11%
Motilal Oswal BSE 1000 Index Fund0.02%0 +11%

Red flags

F-score 5 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹1,226 Cr +17.8% vs Jun 2025. Net profit ₹142 Cr +20.3%.

Activity

Compare
CompanyMcap (Cr)P/EROCE
Oracle Financial Services Software Ltd90,63826.645.3 %
C.E. Info Systems Ltd4,63533.619.1 %
Capillary Technologies India Ltd4,51688.23.42 %
TechNVision Ventures Ltd2,44781613.6 %
Mobavenue AI Tech Ltd2,33966.871.6 %
Ramco Systems Ltd2,07833.019.7 %
Blue Cloud Softech Solutions Ltd1,86729.214.2 %
Nucleus Software Exports Ltd1,71715.016.8 %
Subex Ltd1,14635.412.8 %
Unicommerce eSolutions Ltd92643.621.1 %
Quick Heal Technologies Ltd794-5.97 %
IRIS Regtech Solutions Ltd47336.910.6 %
Sotefin Bharat Ltd47227.231.2 %
Ace Software Exports Ltd36886.15.82 %
Virtual Galaxy Infotech Ltd3517.6133.7 %
No bulk or block deals on record.
Ex-dateActionFactor
2026-04-30Interim Dividend - Rs 6 Per Share
2025-10-27Interim Dividend - Rs 6 Per Share
2025-07-23Buy Back
2025-04-30Interim Dividend - Rs 6 Per Share
2025-01-27Interim Dividend - Rs 6 Per Share
2024-07-18Dividend - Rs 6 Per Share
2024-02-05Interim Dividend - Rs 6 Per Share
2023-08-30Dividend - Rs 4 Per Share
2023-08-30Annual General Meeting
2022-10-21Buy Back
2022-08-18Interim Dividend - Rs 6 Per Share
2022-08-18Annual General Meeting/Dividend - Rs 2 Per Share
2021-09-15 Annual General Meeting/Dividend - Re 1 Per Share
2020-09-17 Interim Dividend - Re 1 Per Share
2020-09-17 Annual General Meeting
2020-06-09 Buyback
2019-09-20 Annual General Meeting/Dividend -Rs 0.35 Per Share
2018-09-26 Annual General Meeting/Dividend Re 0.30 Per Share (Date Revised)
2017-09-07 Annual General Meeting/Dividend - Re 0.25 Per Share
2016-09-01 Annual General Meeting
2016-03-22 Interim Dividend - Re 0.20/- Per Share (Purpose Revised)
2015-09-08 Annual General Meeting
2014-09-24Annual General Meeting
2013-09-16Annual General Meeting
2012-09-20Annual General Meeting
2011-09-26Annual General Meeting And Dividend Re.0.10 Per Share
2010-09-23Annual General Meeting And Dividend Re.0.10 Per Share
2009-09-23Agm/Div-Re.0.50 Per Share
2008-09-18Agm/Dividend - 120%
2008-05-02Fv Split Rs.2/- To Re.1/-0.5000
2007-08-23Agm
2007-03-23Interim Dividend-100% Purpose Revised
DateTypeWhat it says
2026-08-09ESOPAllotment of 16,665 equity shares under Tanla Platforms Limited - Restricted Stock Unit Plan 2021 ( RSU 2021 ) and transfer of 36,300 equity shares ...
2026-07-28General UpdatesIntimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( SEB...
2026-07-28AcquisitionAcquisition. Further to our disclosure dated June 8, 2023 in relation to the proposed acquisition of ValueFirst MiddleEast FZC ( VF FZC ) by the Compa...
2026-07-28Board meeting outcomeOutcome of Board Meeting held on July 28, 2026.
2026-07-22UpdatesLetter to Shareholders for quarter ended June 30, 2026..
2026-07-22Press ReleaseA press release dated July 22, 2026, titled "Press Release for the quarter ended June 30, 2026".
2026-07-22Investor PresentationInvestor Presentation
2026-07-22UpdatesGeneral Update - Board Meeting dated July 22, 2026
2026-07-22Board meeting outcomeTanla Platforms Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-20Shareholder meetingVoting results.
2026-07-20UpdatesMessage from Founder Chairman & CEO during the 30th Annual General Meeting of the Company.
2026-07-20Shareholder meetingProceedings of Annual General Meeting held on July 20, 2026
2026-07-03Disclosure under SEBI TakeovTanla Platforms Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Subst...
2026-06-27Shareholder meetingNotice of Annual General Meeting to be held on July 20, 2026
2026-06-23General UpdatesSchedule of 30th Annual General Meeting (AGM)
2026-06-23RetirementRetirement of Dr. Sanjay Kapoor, Non Executive Director of the Company with effect from close of business hours on July 24, 2026.
2026-06-23Board meeting outcomeOutcome of the Board Meeting held on June 23, 2026
2026-05-01Concall / analyst meetTranscript
2026-04-27Concall / analyst meetTanla Platforms Limited has informed the exchange about audio link recording of the Earnings Call.
2026-04-24General UpdatesGeneral Updates
2026-04-24UpdatesLetter to Shareholders for quarter and year ended March 31, 2026.
2026-04-24Investor PresentationInvestor Presentation
2026-04-24Press ReleaseA press release dated April 24, 2026, titled "Press Release for the quarter and year ended March 31, 2026".
2026-04-24DividendBoard of Directors at its meeting held on April 24, 2026, declared Interim Dividend of Rs. 6 per equity share.
2026-04-24Record DateRecord date for the purpose of Dividend is 30-Apr-2026.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Tanla Platforms Ltd?

Tanla Platforms Ltd (TANLA) has a market capitalisation of Rs 6,508 Cr. at the 2026-10-01 close.

What is the P/E ratio of Tanla Platforms Ltd?

Tanla Platforms Ltd trades at a P/E of 12.2 on trailing twelve-month profit, at the 2026-10-01 close.

What were Tanla Platforms Ltd's latest quarterly results?

In the Jun 2026 quarter, Tanla Platforms Ltd sales was Rs 1,226 Cr (+17.8% vs Jun 2025) and net profit was Rs 142 Cr.

What is the 52-week high and low of Tanla Platforms Ltd?

The 52-week high is Rs 748.45 and the 52-week low is Rs 365.90.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03