TANLA.NS

Strong BuyUnloved QualityAI neutral

Tanla Platforms Limited · Technology · India · $674M

INR 488.00 +0.1% · close 5 Oct · scored 7 Oct

Unloved Quality: Strong and cheap; the market has not turned yet.

95
StockRank
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Quality
73
Value
75
Momentum
49

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
12.1x
peers 25.4x
ROE
20.5%
peers 13.7%
D/E
0.0x
peers 0.2x
Dividend %
2.5%
trailing yield
AI CONVICTION THESIS

Tanla runs one of India's largest business-to-customer messaging platforms (SMS, RCS and WhatsApp messages for banks, telecoms and brands), with a cash-rich balance sheet and a buyback of 2 million shares for INR 1.75bn. It is merging subsidiaries to simplify its structure. The business is asset-light and returns cash, but growth has been flat in recent years as messaging moves to over-the-top channels where margins are thinner and competition is stiffer, and there is no current evidence of a return to faster growth.

ABOUT TANLA PLATFORMS LIMITED

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Tanla Platforms Limited, together with its subsidiaries, provides cloud communication platforms as a service solution to enterprises in India and internationally.

FINANCIAL SUMMARY (INR)

Year2023202420252026CAGRTTM2027E2028EFwd CAGR
Revenue33.5B39.3B40.3B44.2B9.6%46.3B49.0B53.9B10.5%
EPS (INR)33.0540.7937.7638.365.1%40.3941.3344.898.2%
Shares134.4M134.5M134.3M132.0M-1.8%132.1M———
Debt825.9M750.4M640.5M527.1M-13.9%529.7M———
Equity15.2B19.4B22.7B24.9B17.9%————
Op CF2.5B5.9B6.4B5.7B32.5%5.8B———
Inv CF-696.0M-5.3B-6.0B475.0M—————
Fin CF-3.3B-1.5B-2.1B-3.8B—————
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PRICE (1Y) · INR-13.5%
48550552554556424 Aug14 Sep5 Oct
SMA 50SMA 200

Price checkExperimental
SwingsBumpy

Swung more than 55% of stocks we rank over the past year (45% a year).

How this is worked out

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
INR 488.00
RSI (14)
48.3
52-Week Range-33.4% from high
Low INR 361.83High INR 732.90

SCORE BREAKDOWN

Quality
73
ROIC
25.2%90.4
ROE
20.5%81.5
GP/Assets
24.5%58.5
Op. Margin
13.7%72.3
FCF/Assets
12.8%86.7
Piotroski
538.9
Int. Cover
50.0x85.2
D/E Ratio
0.02x82.0
Current Ratio
2.30x59.6
Value
75
P/E (TTM)
12.1x85.5
EV/EBITDA
8.2x80.1
P/FCF
13.4x75.7
P/B
2.6x58.1
P/S
1.4x70.2
Div Yield
2.5%70.2
Momentum
49
52W High %
67%47.6
RS 6M
5%62.2
SMA 50/200
1.07x67.2
EPS Rev 4W
—N/A
EPS Rev 12W
—N/A
EPS Improve
+11%20.9
Q Growth
20%42.8

FUNDAMENTALS

Market Cap
$674M
P/E (Forward)
10.9x
Gross Margin
20.1%

SECTOR PEERS

Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of TANLA.NS are excluded.

TickerCompanyMkt CapStockRankSignal
TANLA.NSTanla Platforms Limited(you)$674M95Strong Buy
KERNEX.NSKernex Microsystems (India) Limited$298M85Strong Buy
RATEGAIN.NSRateGain Travel Technologies Limited$1.0B75Buy
SUBEXLTD.NSSubex Limited$120M92Strong Buy
EMUDHRA.NSeMudhra Limited$564M57Hold
INTELLECT.NSIntellect Design Arena Limited$929M59Hold
IZMO.NSIZMO Limited$141M79Buy
KSOLVES.NSKsolves India Limited$62M92Strong Buy
NUCLEUS.NSNucleus Software Exports Limited$185M68Buy
NPST.NSNetwork People Services Technologies Limited$388M52Hold

Peer medians: ROE 13.7% · P/E 25.4x · Gross margin 35.4%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

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Tanla Platforms Limited (TANLA.NS): Stock Score Summary

Tanla Platforms Limited (TANLA.NS) has a MoatMap StockRank of 95/100 based on Quality (73/100), Value (75/100), and Momentum (49/100) factor scores. The current signal is STRONG BUY. Tanla runs one of India's largest business-to-customer messaging platforms (SMS, RCS and WhatsApp messages for banks, telecoms and brands), with a cash-rich balance sheet and a buyback of 2 million shares for INR 1.75bn. It is merging subsidiaries to simplify its structure. The business is asset-light and returns cash, but growth has been flat in recent years as messaging moves to over-the-top channels where margins are thinner and competition is stiffer, and there is no current evidence of a return to faster growth.

Tanla Platforms Limited, together with its subsidiaries, provides cloud communication platforms as a service solution to enterprises in India and internationally.

Key Financial Metrics

PriceINR 488.00
Market Cap$674M
P/E (TTM)12.12
P/E (Forward)10.88
Price/Book2.60
Return on Equity20.5%
Return on Invested Capital25.2%
Debt/Equity0.02x
Gross Margin20.1%
Operating Margin13.7%
Revenue Growth17.8%
Dividend Yield2.5%
Free Cash Flow$50M

Tanla Platforms Limited operates in the Software - Application industry, part of the Technology sector (India).

Frequently Asked Questions

What is Tanla Platforms Limited’s (TANLA.NS) StockRank?
MoatMap’s StockRank for Tanla Platforms Limited (TANLA.NS) is 95/100, with a Strong Buy signal. It is a composite of Quality (73), Value (75), and Momentum (49) factor ranks across MoatMap’s universe of 24,000+ stocks.
Does Tanla Platforms Limited have an economic moat?
Tanla Platforms Limited (TANLA.NS) has a Quality factor score of 73/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Tanla Platforms Limited a buy, hold, or sell?
MoatMap’s current signal for Tanla Platforms Limited (TANLA.NS) is Strong Buy, based on a StockRank of 95/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is Tanla Platforms Limited in?
Tanla Platforms Limited (TANLA.NS) operates in the Technology sector, specifically the Software - Application industry (India).