TickerSutra

NSE: TANLA · BSE: 532790 · ISIN INE483C01032

Tanla Platforms Limited stock analysis

Tanla Platforms Limited ranks #793 in the TickerSutra evidence-ranked universe with a score of 60/100 and 95% data confidence. The latest captured fundamentals show ROCE of 26.3%, quarterly sales growth of 17.9% and quarterly profit growth of 20.1%.
Complete evidence gate pass governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE60/100

Monitor only

#793 of 5,430 ranked equities
Market capitalisation₹6,790.21cr
ROCE26.3%
Quarterly sales growth17.9%
Quarterly profit growth20.1%
P/E ratio12.8×
Promoter pledge0.0%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • ROCE is 26.3%
  • Low debt/equity of 0.02×
  • CWIP indicates an active capacity pipeline
  • No promoter shares are reported as pledged

Risks and constraints

  • No calculated threshold risk in the current snapshot.

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2022₹3,206cr₹702cr₹539cr22.0%
2023₹3,355cr₹590cr₹448cr18.0%
2024₹3,928cr₹735cr₹548cr19.0%
2025₹4,028cr₹692cr₹507cr17.0%
2026₹4,418cr₹726cr₹509cr16.0%
TTM₹4,603cr₹761cr₹533cr17.0%
Debt / equity0.02×
CFO / EBITDA0.79×
Operating margin17.0%
Free cash flow₹477cr
Sales CAGR · 3Y9.6%
Profit CAGR · 3Y4.3%

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

0 positive catalysts0 negative catalysts0 routine filings
No current exchange announcement is mapped to this research snapshot.

MANAGEMENT COMMENTARY

Signals from filed documents

Margin expansionHigh severity · 2 mentions
Positive catalyst

Gross profit grew by 11.8% YoY to INR 1,175 Cr in FY26, with a gross margin of 26.6%. The overall growth of INR 124 Cr was driven by revenue growth of 9.7% and 50 bps margin expansion. Digital Platforms gross profit grew by 8.2% YoY to INR 389 Cr, led by Wisely.

Export market updatesHigh severity · 2 mentions
Constructive

Scope 2 emissions remained broadly flat at 1,090.75 tCO2e in FY26 compared to 1,090.49 tCO2e in FY25, a near-zero net change achieved despite the commissioning of the 20,000 sq ft well-being precinct at Hyderabad SEZ, the activation of a 4,000 sq ft collaboration space at Hyderabad TTC, and the addition of a second floor at our Bengaluru campus in FY25. Scope 3 emissions, now covering four categories, totalled 3,458.

Customer concentrationHigh severity · 1 mention
Risk easing

At Tanla, retention is not a passive outcome; it is the result of deliberate investments in engagement depth, service quality, and platform stickiness. Retention Metric FY25 FY26 Customers with Tanla over 5 years (Top 50) 56% of top 50 68% (FY26 update pending) Customers with Tanla over 10 years (Top 50) 30% of top 50 48% (FY26 update pending) Revenue from top customers retained 5+ yrs 50% of top 100 revenue 50% of t

Capacity expansion plansHigh severity · 8 mentions
Positive catalyst

We will continue to build new use cases that make AI-led customer engagement more accessible and create measurable value for businesses across segments. Continuous investment in innovation and technology enables us to identify greenfield opportunities and build scalable platforms across AI-led communications, conversational engagement, and next-generation communication channels. Over the past five years, we have succ

Regulatory updatesModerate severity · 78 mentions
Constructive

Built on NVIDIA Blackwell GPU infrastructure within Indosat’s sovereign AI factory, the deployment demonstrated Tanla’s technical readiness. And its capacity to operate frameworks a non-trivial capability in an increasingly fragmented global regulatory environment. This deployment reaffirmed Tanla’s position as a trusted technology partner to the global telecom ecosystem and validated the commercial viability of its

Pricing pressureLow severity · 2 mentions
Watch

There is some stress on the pricing. Although it has n ot declined significantly, but there is pricing pressure. In O TT, the correction in price is obviously slower.

Regulatory approvalLow severity · 1 mention
Watch

During the year, an independent evaluation of the effectiveness of internal financial controls was conducted by an external consultant, the findings of which were reviewed by management and presented to the Audit Committee for deliberation and oversight. Deloitte Touche Tohmatsu India LLP served as Internal Auditor for FY26, conducting quarterly audits across key business processes in accordance with an annual audit

HOW TO READ THIS PAGE

Evidence, freshness and limitations

What does the TickerSutra score mean?

The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.

Which sources support this page?

Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.

Why can an item be unresolved?

Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.

Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer

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