Tanla announces Fourth Quarter and Full Year 21-22 Results

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Tanla
Hyderabad, Telangana, India
Key Metrics: Fourth Quarter Revenue of Tanla increased by 32% year-over-year to Rs 8,531 million. Gross profit increased by 38% year-over-year to Rs 2,434 million. Gross margin at 28.5%, improved by 126 basis points year-over-year. EBITDA increased by 37% year-over-year to Rs 1,841 million. EBITDA at 21.6 %, improved by 91 basis points year-over-year. Profit after tax increased by 37% year-over-year to Rs 1,406 million. Earnings per share increased by 37% to Rs 10.36.Free cash flow at Rs 444 million and Cash & Cash Equivalents at Rs 9,222 million. 

Key Metrics: Full Year 21-22 Revenue increased by 37% year-over-year to Rs 32,060 million. Gross profit increased by 57% year-over-year to Rs 9,080 million. Gross margin at 28.3% and improved by 365 basis points year-over-year. EBITDA increased by 62% year-over-year to Rs 7,001 million. EBITDA at 21.8% and improved by 333 basis points year-over-year. Profit after tax increased by 51% year-over-year to Rs 5,393 million. Earnings per share increased by 57% to Rs 39.77. Free cash flow at Rs 4,248 million. 

Uday Reddy, Founder Chairman & CEO, Tanla Platforms Limited said, “Tanla continues its outstanding track record of growth with revenues going up 6X in the last six years. FY22 was a year of financial and business milestones, and we are entering FY23 with strong momentum.”

Significant events during the quarter: Vodafone Idea (Vi) is live on Wisely Network to enhance performance for the entire international messaging traffic from 29 April 2022. Tanla and Vodafone Idea entered into an exclusive partnership to deliver a distinctive digital experience for business messaging powered by Wisely. Trubloq, our blockchain platform has contributed to 44% decrease in the complaints against registered telemarketers since go-live. Dividend of Rs 2 per share (200% of face value of Rs 1 per share) has been recommended by the board subject to shareholders approval. Tanla was awarded the prestigious MEFFYS award at MWC 2022, Barcelona, in the Enterprise Communication category for its pathbreaking Wisely platform. Tanla was awarded at the Global HR Excellence 2022 for successfully Managing Health at Work and Transitioning to Virtual Workplace. Tanla has been included in the Nifty Alpha Digital 50 index. 
 
 
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