Market Performance
Tanla Platform share price saw a sharp surge in Tuesday's trading session.
The stock rallied 7.6% to reach ₹707 per share on the NSE following a major corporate announcement.
Despite being under pressure for much of 2025, the stock has now registered a 3% year-to-date rise. This comes while benchmark indices have advanced over 5% in the same period.
Main News
The rally in Tanla Platform share price was triggered after the board of India's leading CPaaS provider approved a buyback proposal worth ₹175 Crore.
Key Highlights of the Buyback:
- Buyback Value: ₹175 Crore
- Buyback Price: ₹875 per share
- Premium: ~33% above the previous close of ₹657.15
- Total Shares: Up to 20 lakh equity shares
- Stake Impact: ~1.49% of total equity
- Buyback Route: Tender offer
- Shareholder Approval: Via postal ballot and e-voting
The buyback reflects 24.81% of paid-up capital and free reserves (standalone basis) and 7.78% (consolidated basis) as per FY25 financials.
Company Details
Tanla Platforms is India's largest Communications Platform as a Service (CPaaS) player. The company has previously conducted two major buybacks:
- 2020: ₹154 Crore at ₹1,200 per share
- 2022: ₹170 Crore at ₹1,200 per share
Shareholding Pattern (As of March 2025):
- Promoter & Group: 44.14%
- General Public: 44.5%
- Foreign Institutional Investors (FIIs): 10.4%
- Domestic Institutional Investors (DIIs): 0.8%
Tanla's market cap stood at ₹9,288.6 Crore as of March 17, 2025. The current buyback represents nearly 2% of total market value.
Financial Snapshot
Revenue
- ₹1,024.4 Crore (up 1.9%)
- Previous Year: ₹1,005.5 Crore
EBITDA
- ₹163.4 Crore (up 1.9%)
- EBITDA Margin: 16% (unchanged YoY)
Net Profit
- ₹117.3 Crore, down 9.9%
- Previous Year: ₹130.2 Crore
Long-Term Stock Performance
While the stock has seen muted movement in 2025, its long-term returns remain remarkable:
- From ₹62 to ₹691 – a growth of over 1,000%
- 10-year return: A staggering 4,506%
Summary
Tanla Platform's share price surged over 7.5% after the company approved a significant ₹175 Crore share buyback. The move, priced at a premium, has renewed investor interest in the stock. Despite a slight dip in net profits, Tanla reported stable revenues and EBITDA for the March quarter. The buyback contributes to the company's history of returning value to shareholders and has had a positive impact on market sentiment.
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