Tanla Platforms ~ Leading player in the fast-growing CPaaS market

s_u_n · August 27, 2020, 1:41pm

This stock is going up by exactly 5% everyday. How is that possible?

s_u_n · November 16, 2020, 10:36am

I know that no one seems interested in this stock, but I am still amazed that it keeps going up (and generally 5% per day) without any end in sight.
Is this some form of scam?

subrat_sahoo · November 17, 2020, 2:19am

Please check the company performance also … they have shown good profit and growth for last 2 quarters. Stock price seems to be going much beyond the performance.

s_u_n · November 20, 2020, 9:37am

Not sure if this is a good sign or not. Today the price is 480 and I am sure that people want to push it to 500. I am not sure when to get out (started thinking at 230 levels), but with an investment of less than Rs. 3000 and current value of about Rs 97000, I cannot convince myself to sell off yet.

s_u_n · November 26, 2020, 11:24am

It seems MIT has invested in TANLA https://www.business-standard.com/article/news-cm/tanla-platforms-gains-after-mit-vantage-equity-buy-stake-120112600265_1.html

I wonder what value they found at a price of 524.

vnktshb · November 26, 2020, 11:59am

Was not aware there was a thread on Tanla. Copying from Route Mobile and posting here

Another interesting play in the same space is Tanla Platforms. In my write up on Route I had mentioned Karix which got acquired by Tanla Platforms.

Tanla acquired Karix Mobile which is quite similar to Route Mobile https://www.karix.com/
The company also acquired company called Gamooga which is AI powered onmi channel network https://gamooga.com/ (which I am not sure but suspect is somewhat similar to Affle)
The company reportedly processed close to 200bn transactions on its platform during FY20 and serviced over 1500 enterprise customers.
Tanla also operates a blockchain-based solution, deployed by Indian telecom companies to check the flow of spam SMS on their network. The Distributed Ledger Technology (DLT) platform, Trubloq, which went live in September, handled 70% of the total DLT traffic, which is 35 billion
Tanla has attracted four FIIs - MIT, Old Bridge Capital, Capital Group and Amansa Capital within 13 days of the company’s inclusion in the MSCI India Domestic Small Cap Index.

Tanla Platforms has net cash balance sheet. Promoters have been increasing stake in the company from 30.63 in Dec2017 to the latest 41.2x

Company has done 160crs profits in 1H. Extrapolating that to FY21 it should be 320csr profits. Company has market cap of 7939crs so trading at 24x FY21. Route should do 120crs profits in FY21 and has a market cap of 5709crs is at 47.6x FY21.

Disclosure: Invested in both Tanla Platforms and Route Mobile

vnktshb · December 8, 2020, 2:54am

As I am a shareholder, the company has sent me this IIFL report on Tanla

IIFL.pdf (1.0 MB)

s_u_n · December 10, 2020, 9:06am

Yes. That one paints a rosy picture.
Having said that, I would be really surprised if the stock fails to cross 1000 before Christmas (the way it goes to upper circuit every day.)

raj_shrikhande · December 10, 2020, 10:11am

Congratulations @vnktshb for being invested i Tanla. I started reading about this since your last post and found really interesting at 670 odd levels.But keeps hitting upper circuit since so many days and could not muster enough courage to get in

Harsh04 · December 16, 2020, 5:54am

Just thinking… is it fair for a company to circulate a third-party positive & bullish report about its company ?
i mean, doesnt it say that company has eyes on its share price ?

vnktshb · December 17, 2020, 12:41am

Everyone has an eye on the share price. Promoters or managements who get ESOPs are humans not gods or saints.

Are we all buying the shares without an eye on the share price?

PRSAUDAG · December 17, 2020, 9:44am

Management is expected to have all the eyes on the business. Share price will be the result of that action.

rjkulkarni · December 17, 2020, 11:37am

Everyday for past 3 days exactly 5% down. I’ve been invested in this stock since early days, 2010 & had mentally written off & forgotten this stock. I have no idea why it is booming so much but I’m not complaining. Starting to exit my position little by little now.

s_u_n · December 22, 2020, 7:10am

What is the reason that stock is down now from 900 to 600?

vyasln14 · December 22, 2020, 7:36am

What was the reason for the stock moved up 30x in 9 months.

s_u_n · December 22, 2020, 7:49am

If I look back now, there are at least a few piece which I can link: the financial reports and the foreign investments from MIT etc.

True that the meteoric rise is still unjustified, but at least there is something to link the upward movement to.

I could not find any trigger/ news for the drastic ‘correction’ yet. This is now getting close to the price at which MIT entered, isn’t it?

vyasln14 · December 22, 2020, 10:49am

They have entered around Rs 391/-Just I want to convey that the market cap of above Rs 11000/- crores is unjustified considering the past business and figures.

abhishekinvest · December 22, 2020, 1:44pm

Forensic report of Tanla Tanla Solutions Forensic.pdf (1.4 MB)

rjkulkarni · December 23, 2020, 1:59pm

While I wanted to start selling, for the past 3-4 sessions there were no buyers, so sell orders never went through! Looks like today it is up 5% again

s_u_n · December 29, 2020, 9:02am

Thank you. There are not many reports covering Tanla. Does an expert here have any comments on the report quality and the analysis made by SmartKarma?