Financials Tanla Platforms Limited Bombay S.E.

Equities

TANLA

INE483C01032

IT Services & Consulting

Market Closed - Bombay S.E. 06:00:53 2024-07-12 am EDT 5-day change 1st Jan Change
952.6 INR +1.94% Intraday chart for Tanla Platforms Limited +0.05% -12.94%

Valuation

Fiscal Period: März 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 7,072 110,679 207,658 71,066 110,217 128,113 - -
Enterprise Value (EV) 1 7,072 110,679 207,658 71,066 110,217 128,113 128,113 128,113
P/E ratio -3.28 x 32.2 x 38.4 x 15.8 x 20.1 x 20.6 x 17.7 x 17.5 x
Yield - 0.12% 0.13% 0.76% 1.46% 1.4% 1.66% 1.57%
Capitalization / Revenue 0.36 x 4.73 x 6.48 x 2.12 x 2.81 x 2.83 x 2.45 x 2.25 x
EV / Revenue 0.36 x 4.73 x 6.48 x 2.12 x 2.81 x 2.83 x 2.45 x 2.25 x
EV / EBITDA - 25.5 x 29.7 x 12.1 x 15.1 x 14.9 x 12.8 x 11.6 x
EV / FCF - 20.9 x 48.9 x 78.4 x 25.6 x 22.9 x 20.4 x 18.6 x
FCF Yield - 4.78% 2.05% 1.28% 3.91% 4.37% 4.89% 5.36%
Price to Book - 12.4 x 15.3 x 4.63 x 5.68 x 5.51 x 4.36 x 3.8 x
Nbr of stocks (in thousands) 145,972 136,036 136,084 135,817 134,460 134,460 - -
Reference price 2 48.45 813.6 1,526 523.2 819.7 952.8 952.8 952.8
Announcement Date 6/10/20 5/19/21 4/29/22 4/26/23 4/25/24 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2020 2021 2022 2023 2024 2025 2026 2027
Net sales 1 19,428 23,415 32,060 33,546 39,278 45,259 52,197 56,973
EBITDA 1 - 4,335 7,002 5,879 7,322 8,581 9,989 11,063
EBIT 1 - 3,939 6,593 5,418 6,470 7,420 8,674 9,354
Operating Margin - 16.82% 20.57% 16.15% 16.47% 16.4% 16.62% 16.42%
Earnings before Tax (EBT) 1 - 4,148 6,741 5,666 6,834 7,730 9,072 9,778
Net income 1 - 3,561 5,393 4,476 5,483 6,221 7,278 7,333
Net margin - 15.21% 16.82% 13.34% 13.96% 13.75% 13.94% 12.87%
EPS 2 -14.77 25.27 39.74 33.04 40.71 46.17 53.97 54.50
Free Cash Flow 1 - 5,293 4,248 906.6 4,311 5,594 6,265 6,871
FCF margin - 22.61% 13.25% 2.7% 10.98% 12.36% 12% 12.06%
FCF Conversion (EBITDA) - 122.11% 60.66% 15.42% 58.87% 65.19% 62.72% 62.11%
FCF Conversion (Net income) - 148.62% 78.76% 20.25% 78.62% 89.92% 86.08% 93.7%
Dividend per Share 2 - 1.000 2.000 4.000 12.00 13.30 15.80 15.00
Announcement Date 6/10/20 5/19/21 4/29/22 4/26/23 4/25/24 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 8,849 8,531 8,001 8,510 8,696 8,335 9,111 10,086 - 10,055
EBITDA 1 2,028 1,841 1,307 1,395 1,513 1,661 1,822 1,968 - 1,604
EBIT 1 1,917 1,739 1,214 1,295 1,392 1,515 1,658 1,742 - 1,376
Operating Margin 21.67% 20.39% 15.17% 15.22% 16% 18.17% 18.2% 17.27% - 13.68%
Earnings before Tax (EBT) 1 1,955 1,782 1,256 1,402 1,450 1,559 - 1,787 - 1,619
Net income 1 1,580 1,406 1,004 1,104 1,165 1,203 1,354 1,425 1,401 1,302
Net margin 17.86% 16.48% 12.55% 12.97% 13.4% 14.43% 14.86% 14.13% - 12.95%
EPS - - - - - 8.880 - - 10.42 -
Dividend per Share - - - - - - - - - -
Announcement Date 1/21/22 4/29/22 7/25/22 10/20/22 1/20/23 4/26/23 7/20/23 10/19/23 1/23/24 4/25/24
1INR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 - 5,293 4,248 907 4,311 5,594 6,265 6,871
ROE (net income / shareholders' equity) - 44.7% 48% 31.2% 31.7% 28.5% 26.8% 23.6%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 - 65.70 99.70 113.0 144.0 173.0 219.0 251.0
Cash Flow per Share - - - - - - - -
Capex 1 - 317 617 1,560 1,588 987 1,160 1,709
Capex / Sales - 1.35% 1.92% 4.65% 4.04% 2.18% 2.22% 3%
Announcement Date 6/10/20 5/19/21 4/29/22 4/26/23 4/25/24 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
952.8 INR
Average target price
1,191 INR
Spread / Average Target
+25.03%
Consensus

Quarterly revenue - Rate of surprise

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