open-demat-imgOpen Demat
be-a-partner-imgBe a Partner
samadhan-imgSamadhan
InstallInstall App
Download AppInstall App
Notification close image
No new Notification messages
card image
Seshaasai Technologies Ltd IPO
Apply for the Seshaasai Technologies Ltd IPO through UPI in Just minutes
delete image
card image
Start your SIP with just ₹100
Choose from 4,000+ Mutual Funds on Bajaj Broking
delete image
card image
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
delete image
card image
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
delete image
card image
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.
delete image

13976

532790

TANLA

img img img img
Compare to down-arrow
View down-arrow
Display down-arrow
Studies down-arrow
No Data Available

TANLA PLATFORMS LIMITED performance

Today’s low

Today’s high

₹ 522.45 ₹ 535.00
₹ 524.15

52 week low

52 week high

₹ 409.35 ₹ 794.40
₹ 524.15

Open Price

₹ 531.70

Prev. Close

₹ 530.50

Volume (Shares)

185245.00

Total traded value

₹ 970.96

Upper Circuit

₹ 636.60

Lower Circuit

₹ 424.40

info

TANLA PLATFORMS LIMITED Share Price Update

As of the latest trading session, TANLA PLATFORMS LIMITED share price is currently at ₹ 524.15, which is down by ₹ -6.34 from its previous closing. Today, the stock has fluctuated between ₹ 522.45 and ₹ 535.00. Over the past year, TANLA PLATFORMS LIMITED has achieved a return of -29.49 %. In the last month alone, the return has been -4.61 %. Read More...

Investment Returns

Over 1 Month [-]% Over 3 Months [-]% Over 6 Months [-]% Over 1 Year [-]%
demotext Smart Investing Starts here ! Trade Smart with Fast Execution & Zero Account Opening Fees Invest Now

TANLA PLATFORMS LIMITED fundamentals


  • Market cap (Cr)

    6,951.10

  • P/E Ratio (TTM)

    27.12

  • Beta

    1.05

  • Book Value / share

    38.16

  • Return on equity

    47.58%

  • EPS (TTM)

    19.57

  • Dividend yield

    2.29%

  • Net profit/quarter (Cr)

    3.14

info icon alternate text

  • Market cap (Cr)

    6,945.20

  • P/E Ratio (TTM)

    27.12

  • Beta

    0.94

  • Book Value / share

    38.16

  • Return on equity

    47.58%

  • EPS (TTM)

    19.57

  • Dividend yield

    2.29%

  • Net profit/quarter (Cr)

    3.14

info icon alternate text

TANLA PLATFORMS LIMITED Financials

  • Key Results

  • Key Ratios

  • Balance sheet

  • Cash Flow

  • Competition

info-icon

Revenue

Net income

Particulars SEP 2025 (Values in Cr)
Revenue 169.28
Operating Expense 170.80
Net Profit 3.14
Net Profit Margin (%) 1.85
Earnings Per Share (EPS) 0.24
EBITDA 10.37
Effective Tax Rate (%) 40.64
Particulars JUN 2025 (Values in Cr)
Revenue 166.92
Operating Expense 165.38
Net Profit 52.27
Net Profit Margin (%) 31.31
Earnings Per Share (EPS) 3.89
EBITDA 60.88
Effective Tax Rate (%) 6.30
Particulars MAR 2025 (Values in Cr)
Revenue 186.78
Operating Expense 190.27
Net Profit 198.96
Net Profit Margin (%) 106.52
Earnings Per Share (EPS) 14.81
EBITDA 206.29
Effective Tax Rate (%) 0.69
Particulars DEC 2024 (Values in Cr)
Revenue 204.33
Operating Expense 202.98
Net Profit 5.17
Net Profit Margin (%) 2.53
Earnings Per Share (EPS) 0.39
EBITDA 16.53
Effective Tax Rate (%) 36.79
Particulars SEP 2024 (Values in Cr)
Revenue 222.98
Operating Expense 213.03
Net Profit 93.24
Net Profit Margin (%) 41.81
Earnings Per Share (EPS) 6.94
EBITDA 105.70
Effective Tax Rate (%) 4.21
Particulars MAR 2025 (Values in Cr)
Revenue 854.02
Operating Expense 831.85
Net Profit 314.40
Net Profit Margin (%) 36.81
Earnings Per Share (EPS) 23.40
EBITDA 358.15
Effective Tax Rate (%) 3.94
Particulars MAR 2024 (Values in Cr)
Revenue 1012.12
Operating Expense 982.15
Net Profit 152.59
Net Profit Margin (%) 15.07
Earnings Per Share (EPS) 11.35
EBITDA 194.01
Effective Tax Rate (%) 8.97
Particulars MAR 2023 (Values in Cr)
Revenue 1148.72
Operating Expense 1069.58
Net Profit 173.75
Net Profit Margin (%) 15.12
Earnings Per Share (EPS) 12.89
EBITDA 202.98
Effective Tax Rate (%) 11.31
Particulars MAR 2022 (Values in Cr)
Revenue 1246.87
Operating Expense 1120.35
Net Profit 118.68
Net Profit Margin (%) 9.51
Earnings Per Share (EPS) 8.75
EBITDA 160.44
Effective Tax Rate (%) 22.85
Particulars MAR 2021 (Values in Cr)
Revenue 891.88
Operating Expense 765.96
Net Profit 158.56
Net Profit Margin (%) 17.77
Earnings Per Share (EPS) 11.25
EBITDA 203.69
Effective Tax Rate (%) 19.29
Particulars MAR 2025 (Values in Cr)
Book Value / Share 168.50
ROE % 24.10
ROCE % 29.15
Total Debt to Total Equity 0.03
EBITDA Margin 18.19
Particulars MAR 2024 (Values in Cr)
Book Value / Share 144.41
ROE % 31.70
ROCE % 38.22
Total Debt to Total Equity 0.05
EBITDA Margin 19.79
Particulars MAR 2023 (Values in Cr)
Book Value / Share 112.91
ROE % 31.18
ROCE % 37.78
Total Debt to Total Equity 0.05
EBITDA Margin 18.37
Particulars MAR 2022 (Values in Cr)
Book Value / Share 99.75
ROE % 48.00
ROCE % 58.39
Total Debt to Total Equity 0.03
EBITDA Margin 22.40
Particulars MAR 2021 (Values in Cr)
Book Value / Share 65.65
ROE % 44.66
ROCE % 51.41
Total Debt to Total Equity 0.01
EBITDA Margin 19.50
Particulars MAR 2025 (Values in Cr)
Book Value / Share 53.93
ROE % 47.58
ROCE % 40.89
Total Debt to Total Equity 0.29
EBITDA Margin 41.94
Particulars MAR 2024 (Values in Cr)
Book Value / Share 44.29
ROE % 26.24
ROCE % 26.28
Total Debt to Total Equity 0.22
EBITDA Margin 19.20
Particulars MAR 2023 (Values in Cr)
Book Value / Share 42.21
ROE % 27.41
ROCE % 30.88
Total Debt to Total Equity 0.00
EBITDA Margin 17.68
Particulars MAR 2022 (Values in Cr)
Book Value / Share 51.60
ROE % 17.37
ROCE % 22.51
Total Debt to Total Equity 0.00
EBITDA Margin 12.88
Particulars MAR 2021 (Values in Cr)
Book Value / Share 48.99
ROE % 18.94
ROCE % 23.48
Total Debt to Total Equity 0.00
EBITDA Margin 18.40
Particulars MAR 2025 (Values in Cr)
Cash & Short Term Investments 880.66
Total Assets 3337.70
Total Liabilities 3337.70
Total Equity 2268.29
Share Outstanding 134617359
Price to Book Ratio 8.67
Return on Assets (%) 15.19
Return on Capital (%) 22.36
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 667.09
Total Assets 3008.97
Total Liabilities 3008.97
Total Equity 1941.78
Share Outstanding 134459860
Price to Book Ratio 18.49
Return on Assets (%) 18.22
Return on Capital (%) 28.24
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 711.56
Total Assets 2412.58
Total Liabilities 2412.58
Total Equity 1517.49
Share Outstanding 134400357
Price to Book Ratio 12.39
Return on Assets (%) 18.55
Return on Capital (%) 29.5
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 862.26
Total Assets 2381.65
Total Liabilities 2381.65
Total Equity 1354.04
Share Outstanding 135745523
Price to Book Ratio 29.60
Return on Assets (%) 22.64
Return on Capital (%) 39.83
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 584.14
Total Assets 1612.60
Total Liabilities 1612.60
Total Equity 893.10
Share Outstanding 136036450
Price to Book Ratio 16.67
Return on Assets (%) 22.08
Return on Capital (%) 39.88
Particulars MAR 2025 (Values in Cr)
Cash & Short Term Investments 89.33
Total Assets 1325.08
Total Liabilities 1325.08
Total Equity 726.04
Share Outstanding 134617359
Price to Book Ratio 8.67
Return on Assets (%) 23.72
Return on Capital (%) 36.63
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 63.31
Total Assets 1329.48
Total Liabilities 1329.48
Total Equity 595.58
Share Outstanding 134459860
Price to Book Ratio 18.49
Return on Assets (%) 11.47
Return on Capital (%) 17.94
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 114.54
Total Assets 888.11
Total Liabilities 888.11
Total Equity 567.33
Share Outstanding 134400357
Price to Book Ratio 12.39
Return on Assets (%) 19.56
Return on Capital (%) 30.63
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 200.53
Total Assets 1118.99
Total Liabilities 1118.99
Total Equity 700.40
Share Outstanding 135745523
Price to Book Ratio 29.60
Return on Assets (%) 10.60
Return on Capital (%) 16.94
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 240.40
Total Assets 993.11
Total Liabilities 993.11
Total Equity 666.46
Share Outstanding 136036450
Price to Book Ratio 16.67
Return on Assets (%) 15.96
Return on Capital (%) 23.79
Particulars MAR 2025 (Values in Cr)
Net Income 627.30
Cash from Operations 731.23
Cash from Investing -220.30
Cash from Financing -208.23
Net change in Cash 213.57
Free Cash Flow 780.16
Particulars MAR 2024 (Values in Cr)
Net Income 683.40
Cash from Operations 693.80
Cash from Investing -528.00
Cash from Financing -150.89
Net change in Cash -88.96
Free Cash Flow 852.64
Particulars MAR 2023 (Values in Cr)
Net Income 566.59
Cash from Operations 389.86
Cash from Investing -69.59
Cash from Financing -327.81
Net change in Cash -150.70
Free Cash Flow 545.91
Particulars MAR 2022 (Values in Cr)
Net Income 674.11
Cash from Operations 602.88
Cash from Investing -110.88
Cash from Financing -97.40
Net change in Cash 278.12
Free Cash Flow 664.55
Particulars MAR 2021 (Values in Cr)
Net Income 414.75
Cash from Operations 617.59
Cash from Investing -9.77
Cash from Financing -168.14
Net change in Cash 383.56
Free Cash Flow 649.30
Particulars MAR 2025 (Values in Cr)
Net Income 327.30
Cash from Operations 67.00
Cash from Investing 137.80
Cash from Financing -191.25
Net change in Cash 26.01
Free Cash Flow 71.32
Particulars MAR 2024 (Values in Cr)
Net Income 167.63
Cash from Operations 111.27
Cash from Investing -281.22
Cash from Financing 120.60
Net change in Cash -51.22
Free Cash Flow 121.22
Particulars MAR 2023 (Values in Cr)
Net Income 195.90
Cash from Operations 95.44
Cash from Investing 144.71
Cash from Financing -321.00
Net change in Cash -85.99
Free Cash Flow 99.65
Particulars MAR 2022 (Values in Cr)
Net Income 153.84
Cash from Operations 149.46
Cash from Investing -42.71
Cash from Financing -94.35
Net change in Cash -39.86
Free Cash Flow 155.41
Particulars MAR 2021 (Values in Cr)
Net Income 156.74
Cash from Operations 327.05
Cash from Investing -21.75
Cash from Financing -161.22
Net change in Cash 121.37
Free Cash Flow 333.15
Company Name Price P/E P/B Market Cap 52 Week Low/High
ZENSAR TECHNOLOGIES LTD 699.20 22.70 3.71 15897.89 558.50 / 985.00
WIPRO LTD 269.15 20.91 3.29 282252.59 225.05 / 324.55
INFORMED TECHNOLOGIES INDIA LT 75.25 144.71 1.42 31.38 54.00 / 133.95
PCS TECHNOLOGY LTD. 22.99 30.25 1.03 48.16 21.00 / 37.49
Company Name Price P/E P/B Market Cap 52 Week Low/High
ZENSAR TECHNOLOGIES LTD 699.20 25.45 4.95 15897.89 558.50 / 985.00
MIPCO SEAMLESS RINGS (GUJARAT) 27.24 0.00 -2.93 9.77 22.00 / 37.38
WIPRO LTD 269.15 23.42 4.37 282252.59 225.05 / 324.55
INFORMED TECHNOLOGIES INDIA LT 75.25 0.00 1.50 31.38 54.00 / 133.95

TANLA PLATFORMS LIMITED shareholding pattern

Holding

44.01%
46.17%
9.05%
0.75%
Name Shares Category
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)

News

Left Arrow
Right Arrow

TANLA PLATFORMS LIMITED Technicals Summary

  • EMA & SMA
  • Resistance and Support
  • Delivery and Volume
  • Beta
  • Price Change Analysis
524.15 -1.19 redarrow
red-green-graph indicator
0 Bearish
16 Bullish
  • 5 Days 528.50
  • 26 Days 550.70
  • 10 Days 533.90
  • 50 Days 574.60
  • 12 Days 536.00
  • 100 Days 599.00
  • 20 Days 544.30
  • 200 Days 623.30
526.68 PIVOT

First Support

521.37

First Resistance

535.82

Second Support

512.23

Second Resistance

541.13

Third Support

506.92

Third Resistance

550.27

RSI

40.87

ADX

27.66

MACD

-14.74

Williams % R

-70.58

Commodity Channel Index (CCI)

-112.36

Date

2026-01-02

Week

136960.00

Same Day

128289.00

Month

132002.00

1 Year

1.05

3 Year

0.88

Over 1 Month

-4.61%

down

Over 1 Year

-29.49%

down

Over 3 Months

-26.75%

down

Over 3 Years

-9.63%

down

Over 6 Months

-17.10%

down

Over 5 Years

-4.66%

down

TANLA PLATFORMS LIMITED Corporate Actions

Dividend date Dividend amount Dividend type Record date Instrument type
27 Oct 2025 6.0 Interim 1 27 Oct 2025 Equity shares
30 Apr 2025 6.0 Interim 2 30 Apr 2025 Equity shares
27 Jan 2025 6.0 Interim 27 Jan 2025 Equity shares
18 Jul 2024 6.0 Final 18 Jul 2024 Equity shares
05 Feb 2024 6.0 Interim 05 Feb 2024 Equity shares
30 Aug 2023 4.0 Final 30 Aug 2023 Equity shares
18 Aug 2022 6.0 Interim 19 Aug 2022 Equity shares
18 Aug 2022 2.0 Final 20 Aug 2022 Equity shares
15 Sep 2021 1.0 Final 17 Sep 2021 Equity shares
17 Sep 2020 1.0 Interim 18 Sep 2020 Equity shares
20 Sep 2019 0.35 Final 24 Sep 2019 Equity shares
26 Sep 2018 0.3 Final 28 Sep 2018 Equity shares
07 Sep 2017 0.25 Final 11 Sep 2017 Equity shares
22 Mar 2016 0.2 Interim 24 Mar 2016 Equity shares
26 Sep 2011 0.1 Final 28 Sep 2011 Equity shares
23 Sep 2010 0.1 Final 25 Sep 2010 Equity shares
23 Sep 2009 0.5 Final 25 Sep 2009 Equity shares
18 Sep 2008 1.2 Final 22 Sep 2008 Equity shares
23 Mar 2007 2.0 Interim 26 Mar 2007 Equity shares
Ex-Date Old FV NEW FV Record Date
02 May 2008 2.0 1.0 09 May 2008

Dividend date Dividend amount Dividend type Record date Instrument type
27 Oct 2025 6.0 Interim 1 27 Oct 2025 Equity shares
30 Apr 2025 6.0 Interim 2 30 Apr 2025 Equity shares
27 Jan 2025 6.0 Interim 27 Jan 2025 Equity shares
18 Jul 2024 6.0 Final 18 Jul 2024 Equity shares
05 Feb 2024 6.0 Interim 05 Feb 2024 Equity shares
30 Aug 2023 4.0 Final 30 Aug 2023 Equity shares
18 Aug 2022 6.0 Interim 19 Aug 2022 Equity shares
18 Aug 2022 2.0 Final 20 Aug 2022 Equity shares
15 Sep 2021 1.0 Final 17 Sep 2021 Equity shares
17 Sep 2020 1.0 Interim 18 Sep 2020 Equity shares
20 Sep 2019 0.35 Final 24 Sep 2019 Equity shares
26 Sep 2018 0.3 Final 28 Sep 2018 Equity shares
07 Sep 2017 0.25 Final 11 Sep 2017 Equity shares
22 Mar 2016 0.2 Interim 24 Mar 2016 Equity shares
26 Sep 2011 0.1 Final 28 Sep 2011 Equity shares
23 Sep 2010 0.1 Final 25 Sep 2010 Equity shares
23 Sep 2009 0.5 Final 25 Sep 2009 Equity shares
18 Sep 2008 1.2 Final 22 Sep 2008 Equity shares
23 Mar 2007 2.0 Interim 26 Mar 2007 Equity shares
Ex-Date Old FV NEW FV Record Date
02 May 2008 2.0 1.0 09 May 2008

Tanla Platforms Limited share results highlight 

Tanla Platforms Limited announced consolidated sales of ₹1,041 Crore in Q1 FY26 as compared to ₹1,002 Crore in Q1 FY25. Expenses in Q1 FY26 were ₹877 Crore compared to ₹814 Crore in Q1 FY25. Net Profit in Q1 FY26 was ₹118 Crore compared to ₹141 Crore in Q1 FY25. EPS in Q1 FY26 was ₹8.80 compared to ₹10.50 in Q1 FY25.  

Tanla Platforms Limited annual report 

Tanla Platforms Limited had consolidated sales of ₹4,028 Crore reported for FY 2024-2025, as compared to ₹3,928 Crore reported for FY 2023-2024. Expenses were ₹3,335 Crore in comparison to ₹3,193 Crore. Net Profit in FY25 was ₹507 Crore compared to ₹548 Crore in FY24. EPS was ₹37.68 in FY25 in comparison to ₹40.78 in FY24.  

Tanla Platforms dividend 

Tanla Platforms Limited announced an interim dividend of ₹6 per share, with an ex-date of April 30, 2025. The company also paid an interim dividend of ₹6 per share on January 27, 2025, and a dividend of ₹6 per share on July 18, 2024. The previous dividend on February 05, 2024 was also ₹6 per share, and on August 30,  2023 that dividend had been ₹4 per share. 

About Tanla Platforms 

Tanla Platforms Limited (Tanla) is an end-to-end solutions provider that serves customers worldwide across telecom infrastructure, telecom services, offshore software development, and maintenance. The company is headquartered in Hyderabad, India and builds technology-driven platforms that allow for trust in digital interactions. A core part of their business operates on the Communications Platform as a Service (CPaaS) model, a specialised type of Software as a Service (SaaS) that utilises enterprise communication and digital platforms that are led by innovation.

Founded on July 28, 1995, Tanla was one of India's first companies to provide integrated wireless solutions. The company has received ISO 9001:2000 and ISO 27001 certifications proving its commitment to quality and information security standards. The company is also a trusted partner for over 2000 enterprises across sectors, which include large global technology companies that are listed on indices such as Nifty 500, BSE 500, Nifty Digital Index, FTSE Russell, and MSCI.

Tanla is engaged in two complementary businesses: digital platforms and enterprise communications. The company's initial research began in 2000 with the Short Messaging Services Centre (SMSC) and WAP Gateway. In 2001, Tanla successfully deployed its first SMSC and started to work on a new service called Optimal Routing Solutions (ORS), which was launched in 2002. In 2003, it evolved to a new service building SS7-based voice mail servers and high-density media servers, extending its product set.

Tanla was able to grow via acquisitions and partnerships. In December 2004, Tanla acquired Tanla Solutions (UK) Limited and Smartnet Communication Systems, Delhi. Acquiring Smartnet provided clients like HSBC, ABN AMRO, ICICI, Prudential, ICI, Coca Cola, and Indiabulls and deepened the company's expertise in the area of business intelligence and enterprise applications. 

In September 2005, Tanla Solution (UK) acquired Mobizar Limited, which was later renamed Tanla Mobile Limited, following the commencement of research on telemetry. In 2006, Tanla executed a Follow-On Public Offer and formed partnerships with Vodafone, O2, and Orange. In the succeeding year, Tanla extended its reach into various international markets, including North America, Southeast Asia, and Australia. Furthermore, in 2007, Tanla broadened its operations into Ireland by executing revenue-sharing agreements with Irish telecom operators. In 2007, Tanla Mobile, a subsidiary, launched its US operations.

In 2008, Tanla purchased Openbit Oy, based in Finland, through its subsidiary, Tanla Mobile Asia Pacific Pte, for $18.60 million. Tanla also launched a mobile marketing guide designed to simplify the complexities behind the channel. By 2009, Tanla had entered into a joint venture with Zed Worldwide Holdings SL for mobile content and expanded to 14 subsidiaries throughout the world. In 2010, it increased its stake in Tanla Oy by forming Tanla Mobile Private Limited, a Special Economic Zone (SEZ) company, and TZ Mobile Private Limited, a joint venture with Zed Worldwide Holdings. 

As of 2014, Tanla operated 4 subsidiaries and 4 step-down subsidiaries. On August 20, 2018, Tanla acquired Karix Mobile, previously mGage India, and Unicel, a subsidiary of Karix Mobile, from GSO Capital Partners, a Blackstone company, for ₹340 Crore. In 2019, Tanla integrated Karix Mobile and Unicel under Tanla Corporation Private Limited, and launched Trubloq, a blockchain-enabled commercial communications stack, at the Mobile World Congress in Barcelona.

Tanla Digital Labs UK Private Limited was established as a wholly owned subsidiary in London in 2022, and the following year, Tanla acquired ValueFirst Digital Media Private Limited to expand its enterprise communication capabilities. By FY24, the company had launched Trubloq.ai to enrich experiences for enterprises, telecoms, regulators, and users. 

In August 2024, Tanla entered into a partnership with Vodafone Idea to launch India’s first Messaging-as-a-Platform (MaaP) at scale under the Rich Communication Services (RCS) protocols. The MaaP platform processed over two billion messages per month in just over a quarter. In FY25, Tanla launched Wisely 2.0 and MaaP as two of its strategic communication platforms. Surbo, the conversational AI platform from ValueFirst, evolved into a strong multi-channel engine that allowed interactions via WhatsApp, RCS, Instagram, Facebook, Truecaller, and web interfaces. 

Over its journey, Tanla Platforms Limited has evolved from an SMS solutions provider to developing enterprise-grade communication platforms. Its acquisitions, partnerships, and innovations in CPaaS and conversational AI are representative of Tanla's transformation into a global digital communication solutions provider. 

 

Additional FAQs

1. Who is the CEO of Tanla Platforms Ltd?

The Founder and CEO of Tanla Platforms Ltd is Mr. Uday Reddy, who leads the company’s operations in cloud communications and messaging platforms.

 

2. When was Tanla Platforms Ltd established?

Tanla Platforms Ltd was established in 1999 and is a pioneer in the cloud communication services industry.

 

3. What factors influence the Tanla Share Price?

Tanla’s share price is influenced by factors such as demand for enterprise communication solutions, revenue growth, technological advancements, and competitive dynamics in the cloud communication sector.

 

4. Is Tanla Platforms Ltd debt free?

Yes, Tanla Platforms Ltd is mostly debt free, indicating a strong financial foundation and prudent management practices.

 

5. What is the CAGR of Tanla Share?

The CAGR of Tanla’s share is 46% over 10 years, 59% over 5 years, and -22% over 3 years.

 

6. How has the Tanla Share Price performed over the past year?

Over the past year, Tanla’s share price has declined by 23%, impacted by broader market conditions and sector-specific challenges.

 

TANLA PLATFORMS LIMITED Share Price

Tanla Platforms Limited (TPL), an end-to-end solutions provider, catering to customers worldwide in the telecom infrastructure, telecom services (products and custom development), offshore software development and maintenance sectors. Headquartered in Hyderabad, India, Company is at the forefront of creating technology-driven platforms designed to revolutionize trusted digital experiences, empowering consumers and enabling companies. Tanla transforms digital interactions by empowering users and enabling enterprises through an innovationled CPaaS (Communications Platform as a Service) business (specialized form of SaaS).

Tanla Platforms Limited was incorporated on July 28, 1995 and became a pioneer in the world of mobile and digital communications. Tanla has the distinction of being one of the first few companies in India to focus on integrated solutions and products for the wireless world. TSL is an ISO 9001:2000 international quality system standard and ISO 27001-Information Security Certification Company. It is also a preferred partner for 2,000+ enterprises and their users across industries in India including global tech majors in the global indices such as the Nifty 500, BSE 500, Nifty Digital Index, FTSE Russell, and MSCI.

Presently, Company focus on 2 synergistic businesses viz., Digital Platforms and Enterprise Communications. The Company had started its research and development on Short Messaging Services Centre (SMSC) during the year 2000 and also on WAP Gateway. In the year 2001, TSL had implemented its first SMSC and also started research and development on Optimal Routing Solutions (ORS). After a year, in 2002, the company had successfully implemented ORS, further, started research and development on SS7-based voice mail server. SS7 VMS was put into practice in the year 2003 and also in the same year, TSL had launched High-Density Media Servers. Tanla had witnessed tremendous growth over the years and had completed two acquisitions, acquired two companies as wholly owned subsidiaries, namely Tanla Solutions (UK) Limited (formerly known as Techserv Teleservices) and Smartnet Communication Systems of Delhi in December of the year 2004.

Merger with Smartnet, formed by three IIT graduates, gave Tanla excellent human capital along with fantastic clientele like HSBC, ABN AMRO, ICICI, Prudential, ICI, Coca Cola, and Indiabulls. This merger brought in new focus areas like .NET, Business Intelligence, Enterprise Applications etc. TSL had acquired Mobizar Limited (now known as Tanla Mobile Limited) as a wholly owned subsidiary in September of the year 2005 through Tanla Solutions (UK) Limited. Also in the same year started the research and development work on Telemetry. The Company's Follow-on Public Offer was made in December of the year 2006 and also in the identical year of 2006, established business relationships with renowned telecom operators like Vodafone, 02, Orange. In February of the year 2007, TSL had unveiled plans for international expansion into North America, South East Asia and Australia at the 3GSM event in Barcelona. During the same year 2007, the company had extended the UK footprint into Ireland by the revenue sharing agreements for mobile payments and premium messaging services with all Irish Mobile Operators including 3, O2, Meteor and Vodafone. Tanla Solutions, through its subsidiary Tanla Mobile, had commenced its US operations in October of the year 2007.

As at February of the year 2008, Tanla Mobile, a subsidiary of Tanla Solutions, unveiled its benchmark-setting guide to mobile marketing and advertising. Aiming to cast light on the complexities of this increasingly critical communications channel, the guide provides a clear, unbiased view of the current market. TSL had acquired Openbit Oy, Finland in June of the same year 2008 by its subsidiary Tanla Mobile Asia Pacific Pte for USD 18.60 million.

During the year 2009, Company formed a joint venture with Zed Worldwide Holdings SL to introduce world-class mobile content. The
Company had 14 subsidiaries situated globally.

In April 2010, Company acquired a further stake of 15% in Tanla Oy. It completed technical and personnel integration consequent to
complete stake acquisition. During the year 2010, Company incorporated Tanla Mobile Private Limited, a SEZ Company and wholly
owned subsidiary of Tanla Solutions Limited and TZ Mobile Private Limited , a joint venture company(JVC), with Zed Worldwide Holdings SL, Spain.

The Company had 4 subsidiaries and 4 step down subsidiary companies as on March 31, 2014.

On August 20th, 2018, Tanla acquired 100% of Karix Mobile (formerly known as mGage India) and its wholly owned subsidiary Unicel from GSO Capital Partners, a Blackstone Company, at value of Rs. 340 Crore.

During year 2019, Company acquired Karix Mobile Private Limited and its wholly owned subsidiary Unicel Technologies Ltd and made
Karix its wholly owned subsidiary. It launched the world's fist blockchain-enabled commercial communication stack 'Trubloq' at
the Mobile World Congress (MWC) Barcelona in February, 2019.

On 30th September, 2019 a petition was filed with the Hyderabad Bench of Hon'ble NCLT for Scheme of Merger of Karix Mobile Private Limited and Unicel Technologies Private Limited with Tanla Corporation Private Limited , wholly owned subsidiary company of Tanla Solutions Limited, the Hon'ble NCLT pronounced its Order on June 30, 2020, approving the Scheme. -Pursuant to Order of Hon'ble NCLT, Karix Mobile Private Limited and Unicel Technologies Private Limited merged into Tanla Corporation Private Limited and name of Tanla Corporation Private Limited changed to Karix Mobile Private Limited w.e.f. August 19, 2020.

Tanla Digital Labs Private Limited, (WoS of Tanla Platforms Limited) incorporated a WoS named Tanla Digital Labs Private Limited in the London, United Kingdom on June 22, 2022, which was subsequently renamed as Tanla Digital Labs UK Private Limited on August 9, 2022. ValueFirst Digital Media Private Limited was acquired by Tanla Platforms Limited on July 03, 2023 and it became a wholly owned subsidiary of the Company with effect from July 03, 2023.

In FY24, Company acquired ValueFirst Digital Media Private Limited, making it a wholly owned subsidiary of the Company effective July 3, 2023. It launched Trubloq.ai to enhance experiences for enterprises, telecoms, regulators, and users at various touchpoints in 2024.

In August 2024, Tanla launched India's first MaaP at scale with Vodafone Idea (Vi), a powerful messaging hub built on RCS protocols. Within just a quarter, the platform scaled to process over 2 billion messages/month, redefining telco messaging architecture. It launched Wisely 2.0 and MaaP-two mission-critical platforms with high strategic impact in FY 2025. Surbo, Tanla's conversational AI platform developed by ValueFirst, has evolved into a robust engine that powers smart, intuitive interactions across channels like WhatsApp, RCS, Instagram, Facebook, Truecaller, and web in FY 2025.

Parent organization Indian Private
NSE symbol TANLA
Founded 1995
stock

Trade stocks with ease

Sign-in to trade with your demat account, or set up a new demat account for free

Board Of Directors

Left Arrow

D Uday Kumar Reddy

Chairman & Chief Executive Officer

Sanjay Kapoor

Non-Executive & Non-Independent Director

Deepak Satyaprakash Goyal

Executive Director

Rahul Khanna

Independent Director

Seshanuradha Chava

Company Sec. & Compli. Officer

Ram Sewak Sharma

Lead Independent Director

Francois Ortalo-magne

Independent Director

Naiyya Saggi

Independent Director

Sunil Ramakant Bhumralkar

Independent Director

Right Arrow

Similar stocks

Left Arrow
similar-logo TCS
-1.06%
3216.1 -34.59
down-arrow
similar-logo INFY
-2.07%
1606.4 -34.00
down-arrow
similar-logo HCLTECH
-1.98%
1607.6 -32.59
down-arrow
similar-logo WIPRO
-2.11%
263.3 -5.70
down-arrow
similar-logo LTIM
-0.13%
6059 -8.00
down-arrow
similar-logo TECHM
-0.93%
1596.9 -15.09
down-arrow
similar-logo PERSISTENT
-1.35%
6204 -85.50
down-arrow
similar-logo POLICYBZR
-0.55%
1772 -9.80
down-arrow
similar-logo OFSS
-0.70%
7677 -54.50
down-arrow
similar-logo COFORGE
-0.50%
1642 -8.30
down-arrow
Right Arrow

Frequently Asked Questions

What is the Current Share Price of Tanla Platforms Ltd?

Answer Field

Tanla Platforms Ltd share price is for NSE ₹ 524.15 & for BSE ₹ 523.70 as on Jan 05 2026 03:30 PM.

What is the Market Cap of Tanla Platforms Ltd Share?

Answer Field

The market cap of Tanla Platforms Ltd for NSE ₹ 7,055.97 & for BSE ₹ 7,049.91 as on Jan 05 2026 03:30 PM.

What is the 52 Week High and Low of Tanla Platforms Ltd?

Answer Field

The 52 Week High and Low of Tanla Platforms Ltd for NSE is ₹ 794.40 and ₹ 409.35 and for BSE is ₹ 794.00 and ₹ 409.40.

What is 1 year return for Tanla Platforms Ltd?

Answer Field

The 1 year returns on the stock has been -29.49%.

What is the P/E Ratio of Tanla Platforms Ltd Share?

Answer Field

As on Jan 05 2026 03:30 PM the price-to-earnings (PE) ratio for Tanla Platforms Ltd share is 27.12.

What is the PB ratio of Tanla Platforms Ltd Share?

Answer Field

As on Jan 05 2026 03:30 PM, the price-to-book (PB) ratio for Tanla Platforms Ltd share is 38.16.

How to Buy Tanla Platforms Ltd Share?

Answer Field

You can trade in Tanla Platforms Ltd shares with Bajaj Broking by opening a demat account.

How to Buy Tanla Platforms Ltd Share on Bajaj Broking App?

Answer Field

To buy Tanla Platforms Ltd shares on the Bajaj Broking app, follow these steps:

• Login to the Bajaj Broking App

• Click on the Search Icon

• Search “Tanla Platforms Ltd”

• Click on the BUY icon

• Place a buy order specifying the desired quantity of shares.

• Click BUY again to complete the purchase

Who is the CEO of Tanla Platforms Ltd?

Answer Field

The Founder and CEO of Tanla Platforms Ltd is Mr. Uday Reddy, who leads the company’s operations in cloud communications and messaging platforms.

When was Tanla Platforms Ltd established?

Answer Field

Tanla Platforms Ltd was established in 1999 and is a pioneer in the cloud communication services industry.

What factors influence the Tanla Share Price?

Answer Field

Tanla’s share price is influenced by factors such as demand for enterprise communication solutions, revenue growth, technological advancements, and competitive dynamics in the cloud communication sector.

Is Tanla Platforms Ltd debt free?

Answer Field

Yes, Tanla Platforms Ltd is mostly debt free, indicating a strong financial foundation and prudent management practices.

What is the CAGR of Tanla Share?

Answer Field

The CAGR of Tanla’s share is 46% over 10 years, 59% over 5 years, and -22% over 3 years.

How has the Tanla Share Price performed over the past year?

Answer Field

Over the past year, Tanla’s share price has declined by 23%, impacted by broader market conditions and sector-specific challenges.

No results found

close-image

Get Free Demat Account*

+91
close-img

Authorise with OTP

Enter the 4-Digit OTP sent to
edit
OTP expires in 00:59

Products

arrow

Calculators

arrow

Platforms

arrow

Mutual Funds & SIP

arrow

Important Links

arrow

Explore

arrow

Corporate

arrow

Discover

arrow

Popular Stocks

arrow

Indian Indices

arrow

Global Indices

arrow

Sector Wise Stocks

arrow

IPO

arrow

Useful Links

footer content

ATTENTION INVESTORS:

“Investments in securities market are subject to market risk, read all the scheme related documents carefully before investing."

"Prevent Unauthorized transactions in your Trading/Demat Account. Update your mobile numbers/email IDs with your stock brokers/Depository Participant. Receive alerts/information of your transaction/all debit and other important transactions in your Trading/ Demat Account directly from Exchange/CDSL/NSDL at the end of the day. Issued in the interest of investors."

" We collect, retain, and use your contact information for legitimate business purposes only, to contact you and to provide you information & latest updates regarding our products & services."  

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"We understand that certain investment advisors may be approaching members of the public including our clients, representing that they are our partners, or representing that their investment advice is based on our research. Please note that we have not engaged any third parties to render any investment advisory services on our behalf nor are we providing any stock recommendations/tips/research report/advisory. Persons making investments on the basis of such advice may lose all or a part of their investments along with the fee paid to such unscrupulous persons. Please be cautious about any phone call that you may receive from persons representing to be such investment advisors, or a part of research firm offering advice on securities. Do not make payments through e-mail links, WhatsApp or SMS. Please do not share your personal or financial information with any person without proper verification. Always trade through a registered broker."

Bajaj Financial Securities Limited is a subsidiary of Bajaj Finance Limited and is a corporate trading and clearing member of BSE Ltd. and National Stock Exchange of India Ltd. (NSEIL), and also a Depository participant with National Securities Depository Ltd (“NSDL”) and Central Depository Services Ltd. (“CDSL”).

Bajaj Financial Securities Limited is engaged in the business of Stock Broking and as a Depository Participant.Bajaj Financial Securities Limited does not provide any advisory services to its clients. Bajaj Financial Securities Limited may share updates from time to time (through various electronic communication modes) which are sourced from public domain and the same are NOT to be construed as any advice or recommendation from Bajaj Financial Securities Limited. Client is requested to independently evaluate and/or consult their professional advisors before arriving at any conclusion to make any investment. The decision to invest shall be the sole responsibility of the Client and shall not hold Bajaj Financial Securities Limited, its employees and associates responsible for any losses, damages of any type whatsoever.

BSE Ltd. is not in any manner answerable, responsible or liable to any person or persons for any acts of omission or commission, errors, mistakes and/or violation, actual or perceived, by us or our partners, agents, associates etc., of any of the Rules, Regulations, Bye-laws of the Stock Exchange, Mumbai, SEBI Act or any other laws in force from time to time.

BSE Ltd. is not answerable, responsible or liable for any information on this Website or for any services rendered by our employees, our servants, and us.

Personal Loan, Fixed Deposit, EMI Card are provided by Bajaj Finance Limited. Bajaj Financial Securities Limited is only a distributor. These are not exchange traded products and all disputes with respect to the distribution activity, would not have access to exchange investor redressal forum or Arbitration mechanism.

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.

Please Note:

  1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020

  2. Update your mobile number & email ID with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.

  3. Pay 20% upfront margin of the transaction value to trade in cash market segment.

  4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 and BSE vide notice no. 20200731-7 dated July 31, 2020 and 20200831-45 dated August 31, 2020 and other guidelines issued from time to time in this regard.

  5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.

Client Registration Documents (Rights & Obligations, Risk Disclosure Document, Do's & Don'ts) in Vernacular Language: BSE | NSE

If the client wishes to revoke /cancel the EDIS mandate placed by them, they can write on email to connect@bajajbroking.in  or call on the toll free number.

Advisory for Investors : NSE | BSE

We also do pro-account trading in Equity & Derivatives Segment.

Filling complaints on SCORES - Easy & Quick

A.  Register on SCORES portal B. Mandatory details for filling complaints on SCORES (i) Name, PAN, Address, Mobile Number, E-mail ID C. Benefits: (i) Effective Communication (ii) Speedy redressal of the grievances.

SEBI Registration No.: INZ000218931 | BSE Cash/CDS/F&O (Member ID: 6706) | NSE Cash/F&O/CDS (Member ID: 90177) | DP registration No : IN-DP-418-2019 | CDSL DP No.: 12088600 | NSDL DP No. IN304300 | AMFI Registration No.: ARN – 163403 Research Analyst SEBI Registration No. INH000010043

Compliance officer:

Mr. Boudhayan Ghosh 
TEL: 020-48574486
Email: compliance_sec@bajajbroking.in, for any investor grievances write to compliance_sec@bajajbroking.in for DP related to Compliance_dp@bajajbroking.in .

DISCLAIMER

STANDARD DISCLAIMER

Investments in the securities market are subject to market risk, read all related documents carefully before investing.

Reg Office: Bajaj Auto Limited Complex, Mumbai –Pune Road Akurdi Pune 411035. Corporate Office: Bajaj Financial Securities Limited, 1st Floor, Mantri IT Park, Tower B, Unit No 9 & 10, Viman Nagar, Pune, Maharashtra 411014. SEBI Registration No.: INZ000218931 | BSE Cash/F&O/CDS (Member ID:6706) | NSE Cash/F&O/CDS (Member ID: 90177) | DP registration No: IN-DP-418-2019 | CDSL DP No.: 12088600 | NSDL DP No. IN304300 | AMFI Registration No.: ARN –163403. 

Website: Bajaj Broking

RESEARCH DISCLAIMER

Broking services offered by Bajaj Financial Securities Limited | Registered Office: Bajaj Auto Limited Complex , Mumbai –Pune Road Akurdi Pune 411035 | Corporate Office: Bajaj Financial Securities Limited, 1st Floor, Mantri IT Park, Tower B, Unit No 9 & 10, Viman Nagar, Pune, Maharashtra 411014 | CIN: U67120PN2010PLC136026 | Research Analyst SEB I Registration No: INH000010043.

Details of Compliance Officer: 

Mr. Boudhayan Ghosh (For Broking/DP/Research)
Email: compliance_sec@bajajbroking.in
Contact No.: 020-4857 4486 

Investment in the securities involves risks, investor should consult his own advisors/consultant to determine the merits and risks of investment.

DISCLOSURES

Disclosures under the provisions of SEBI (Research Analysts) Regulations 2014 (Regulations) 

Bajaj Financial Securities Limited ("Bajaj Broking" or "Research Entity") is regulated by the Securities and Exchange Board of India ("SEBI") and is licensed to carry on the business of broking, depository services and related activities. There were no instances of non-compliance by Bajaj Financial Securities Limited on any matter related to the capital markets, resulting in significant and material disciplinary action during the last three years. This research report has been prepared and distributed byBajaj Financial Securities Limited in the capacity of a Research Analyst as per Regulation 22(1) of SEBI (Research Analysts) Regulations 2014 having SEBI Registration No. INH000010043. 

DISCLAIMER

This e-mail/ short message service (SMS) may contain confidential, proprietary or legally privileged information. It should not be used by anyone who is not the original intended recipient. If you have erroneously received this message, please delete it immediately and notify the sender. The recipient acknowledges thatBajaj Financial Securities Limited or its holding and/or associated companies, as the case may be, are unable to exercise control or ensure or guarantee the integrity of/over the contents of the information contained in e-mail /SMS transmissions and further acknowledges that any views expressed in this message are those of the individual sender and no binding nature of the message shall be implied or assumed unless the sender does so expressly with due authority of Bajaj Financial Securities Limited. This message is not intended as an offer or publication or solicitation for distribution for subscription of or purchase or sale of any securities or financial instrument(s) to anyone in whose jurisdiction such subscription etc. requires prior local regulatory clearance or is contrary to the local laws of the land in any manner or as an official confirmation of any transaction. Before opening any attachments, please check them for viruses and defects. 

This service / information is strictly confidential and is being furnished to you solely for your information. This information should not be reproduced or redistributed or passed on directly or indirectly in any form to any other person or published, copied, in whole or in part, for any purpose unless otherwise expressly authorised. This service / information is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or which would subjectBajaj Financial Securities Limited and affiliates/ group/holding companies to any registration or licensing requirements within such jurisdiction. The distribution of this document in certain jurisdictions may be restricted by law, and persons in whose possession this document comes, should inform themselves about and observe any such restrictions.  

The data would be provided to the clients on an "as is" and "where-is" basis, without any warranty. Bajaj Financial Securities Limited or its subsidiaries and associated companies shall not be liable for any delay or any other interruption which may occur in providing the data due to any reason including network (Internet) reasons or snags in the system, breakdown of the system or any other equipment, server breakdown, maintenance shutdown, breakdown of communication services or inability of the Bajaj Financial Securities Limited or its subsidiaries and associated companies to provide the data. In no event shall the Bajaj Financial Securities Limited or its holding and associated companies be liable for any damages, including without limitation direct or indirect, special, incidental, or consequential damages, losses or expenses arising in connection with the data provided by the Bajaj Financial Securities Limited or its holding and associated companies.

ADDITIONAL DISCLAIMER FOR U.S. PERSONS

Bajaj Financial Securities Limited is not a registered broker-dealer under the U.S. Securities Exchange Act of 1934, as amended (the"1934 act") and under applicable state laws in the United States. In addition, Bajaj Financial Securities Limited is not a registered investment adviser under the U.S. Investment Advisers Act of 1940, as amended (the "Advisers Act" and together with the 1934 Act, the "Acts), and under applicable state laws in the United States. Accordingly, in the absence of specific exemption under the Acts, any brokerage and investment services provided by Bajaj Financial Securities Limited, including the products and services described herein are not available to or intended for U.S. persons. This email message does not constitute an offer or invitation to purchase or subscribe for any securities or solicitation of any investments or investment services and/or shall not be considered as an advertisement tool. "U.S. Persons" are generally defined as a natural person, residing in the United States or any entity organized or incorporated under the laws of the United States. US Citizens living abroad may also be deemed "US Persons" under certain rules.  

ADDITIONAL DISCLAIMER FOR CANADIAN PERSONS

Bajaj Financial Securities Limited is not a registered adviser or dealer under applicable Canadian securities laws nor has it obtained an exemption from the adviser and/or dealer registration requirements under such law. Accordingly, any brokerage and investment services provided by Bajaj Financial Securities Limited, including the products and services described herein are not available to or intended for Canadian persons.  

This mailer and its respective contents do not constitute an offer or invitation to purchase or subscribe for any securities or solicitation of any investments or investment services.  

DISCLAIMER FOR REPORT

DISCLOSURES UNDER THE PROVISIONS OF SEBI (RESEARCH ANALYSTS) REGULATIONS 2014 (REGULATIONS)

Bajaj Financial Securities Limited ("Bajaj Broking" or "Research Entity") is regulated by the Securities and Exchange Board of India ("SEBI") and is licensed to carry on the business of broking, depository services and related activities.  

This Report has been prepared by Bajaj Financial Securities Limited in the capacity of a Research Analyst having SEBI Registration No. INH000010043 and distributed as per SEBI (Research Analysts) Regulations 2014. This report does not constitute an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. The information contained herein is from publicly available data or other sources believed to be reliable. This report is provided for assistance only and is not intended to be and must not alone be taken as the basis for an investment decision. The user assumes the entire risk of any use made of this information. Each recipient of this report should make such investigation as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document (including the merits and risks involved), and should consult his own advisors to determine the merits and risks of such investment. The investment discussed or views expressed may not be suitable for all investors.  

This information is strictly confidential and is being furnished to you solely for your information. This information should not be reproduced or redistributed or passed on directly or indirectly in any form to any other person or published, copied, in whole or in part, for any purpose. This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or which would subject Bajaj Financial Securities Limited and associates / group companies to any registration or licensing requirements within such jurisdiction. The distribution of this report in certain jurisdictions may be restricted by law, and persons in whose possession this report comes, should observe, any such restrictions. The information given in this report is as of the date of this report and there can be no assurance that future results or events will be consistent with this information. This information is subject to change without any prior notice. Bajaj Financial Securities Limited reserves the right to make modifications and alterations to this statement as may be required from time to time. Bajaj Financial Securities Limited or any of its associates / group companies shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this report. Bajaj Financial Securities Limited is committed to providing independent and transparent recommendation to its clients. Neither Bajaj Financial Securities Limited nor any of its associates, group companies, directors, employees, agents or representatives shall be liable for any damages whether direct, indirect, special or consequential including loss of revenue or lost profits that may arise from or in connection with the use of the information. Our proprietary trading and investment businesses may make investment decisions that are inconsistent with the recommendations expressed herein. Past performance is not necessarily a guide to future performance .The disclosures of interest statements incorporated in this report are provided solely to enhance the transparency and should not be treated as endorsement of the views expressed in the report. The information provided in these reports remains, unless otherwise stated, the copyright of Bajaj Financial Securities Limited. All layout, design, original artwork, concepts and other Intellectual Properties, remains the property and copyright of Bajaj Financial Securities Limited and may not be used in any form or for any purpose whatsoever by any party without the express written permission of the copyright holders.  

We offer our research services to clients as well as our prospects. Though this report is disseminated to all the customers simultaneously, not all customers may receive this report at the same time. We will not treat recipients as customers by virtue of their receiving this report.  

Bajaj Financial Securities Limited and its associates, officer, directors, and employees, research analyst (including relatives) worldwide may: (a) from time to time, have long or short positions in, and buy or sell the securities thereof, of company(ies), mentioned herein or (b) be engaged in any other transaction involving such securities and earn brokerage or other compensation or act as a market maker in the financial instruments of the subject company/company(ies) discussed herein or act as advisor or lender/borrower to such company(ies) or have other potential/material conflict of interest with respect to any recommendation and related information and opinions at the time of publication of research report or at the time of public appearance. Bajaj Financial Securities Limited may have proprietary long/short position in the above-mentioned scrip(s) and therefore should be considered as interested. The views provided herein are general in nature and do not consider risk appetite or investment objective of any particular investor; readers are requested to take independent professional advice before investing. This should not be construed as invitation or solicitation to do business with Bajaj Financial Securities Limited.  

Bajaj Financial Securities Limited or its associates may have received compensation from the subject company in the past 12 months. Bajaj Financial Securities Limited or its associates may have managed or co-managed public offering of securities for the subject company in the past 12 months. Bajaj Financial Securities Limited or its associates may have received compensation for investment banking or merchant banking or brokerage services from the subject company in the past 12 months. Bajaj Financial Securities Limited or its associates may have received any compensation for products or services other than investment banking or merchant banking or brokerage services from the subject company in the past 12 months. Bajaj Financial Securities Limited or its associates have not received any compensation or other benefits from the Subject Company or third party in connection with the research report. Research analyst or his/her relative or Bajaj Financial Securities Limited’s associates may have financial interest in the subject company. Bajaj Financial Securities Limited, its associates, research analyst and his/her relative may have other potential/material conflict of interest with respect to any recommendation and related information and opinions at the time of publication of research report or at the time of public appearance.  

Research analyst has served as an officer, director or employee of subject Company: No  

Bajaj Financial Securities Limited has financial interest in the subject companies: No  

Bajaj Financial Securities Limited’s Associates may have actual/beneficial ownership of 1% or more securities of the subject company at the end of the month immediately preceding the date of publication of research report.  

Research analyst or his/her relative has actual/beneficial ownership of 1% or more securities of the subject company at the end of the month immediately preceding the date of publication of research report: No  

Bajaj Financial Securities Limited has actual/beneficial ownership of 1% or more securities of the subject company at the end of the month immediately preceding the date of publication of research report: No  

Subject company may have been client during twelve months preceding the date of distribution of the research report.  

There were no instances of non-compliance by Bajaj Financial Securities Limited on any matter related to the capital markets, resulting in significant and material disciplinary action during the last three years. A graph of daily closing prices of the securities is also available at NSE

ANALYST CERTIFICATION

The analyst for this report certifies that all of the views expressed in this report accurately reflect his or her personal views about the subject company or companies and its or their securities, and no part of his or her compensation was, is or will be, directly or indirectly related to specific recommendations or views expressed in this report.  

RISK DISCLOSURE ON DERIVATIVES

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.

BROKERAGE DISCLAIMER

All leveraged intraday positions will be squared off on the same day. There is no restriction on the withdrawal of the unutilised margin amount. Brokerage will not exceed the SEBI prescribed limit. Visit : Pricing

MTF 

As subject to the provisions of SEBI Circular CIR/MRD/DP/54/2017 dated June 13, 2017, and the terms and conditions mentioned in the lights and obligations statement issued by the TM (if applicable).  

US INVESTING

International investment is not supervised by any regulatory body in India. Thus, any claim or dispute relating to such investment or enforcement of any agreement/contract /claim will not be under laws and regulations of the recognized stock exchanges and investor protection under Indian Securities Law. The account opening process will be carried out on Vested platform and Bajaj Financial Securities Limited will not have any role in it.  

IPO 

This should not be construed as soliciting investment. Investors’ discretion is required. Kindly consult your financial expert before investing. No need to issue cheques by investors while subscribing to IPO. Investments in securities markets are subject to market risks, read all the related documents carefully before investing.  

SCREENERS 

Screeners is not Exchange-approved products and any disputes related to the same will not be dealt on the Exchange platform. 

SECURITIES 

Securities quoted are exemplary and not recommendatory. 

IPV 

Account would be open after all procedure relating to IPV and client due diligence is completed. 

IMAGES 

The images used are only for representation purpose. Proper due diligence has been done for the images and the image is not of any artist. The same is captured from royalty free sites.

THIRD PARTY PRODUCT DISCLAIMER

Bajaj Financial Securities Limited is a distributor for Non-Broking Products/Services such as Mutual Funds, Mutual Funds SIP, IPO, Bonds, Insurance, PMS, Global Investing, any other third-party products/services. These are not Exchange Traded Products, and we are only acting as distributors. All disputes with respect to the distribution activity, would not have access to SCORES/ODR, Exchange investor redressal forum or Arbitration mechanism. Please refer to the detailed disclaimer for Third-Party Products.

DISCLOSURE TO CLIENTS REGARDING PAYOUT OF FUNDS

As per SEBI circular no. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/84 dated June 08, 2023, Stockbrokers are required to upstream the entire client funds lying with them to the Clearing Corporation. Based on client’s request the funds’ release request must be placed with the Clearing Corporation. Based on the internal process and cut-off timelines of the Clearing Corporation the funds will be released to the Stock Broker. In view of this new process, as specified by the regulatory and the cut-off time of Clearing Corporation/Banks processing the funds, Bajaj Financial Securities Limited cannot commit the exact time for releasing funds payout to its client. Clients are requested to note that, Bajaj Financial Securities Limited will not be responsible for any inconvenience caused to clients due to delay in release of funds payout, including fines, delayed charges, defaults, etc.