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← CockpitCompetitor Analysis › TANLA.NS Tanla Platforms LtdOpen in the cockpit ↗

Tanla Platforms LtdTANLA.NSCompetitor analysis, valuation and peers

India · INR·IT›Information Technology Services
Momentum leader 89
Mkt cap
$915M
US dollars, full cap
Free float
54%
of shares outstanding
$/day
$8.66M
20-day average traded
Fwd P/E
14.6×
forward earnings
ROIC−WACC
+9.9 pp
WACC 18.2%
Hurdle
+1 pp
Req g minus delivered
Next earnings
81 days
26 Jan 2027
Close · INR₹651.50
1D-0.7%
1W+3.9%
1M+31.7%
3M+7.0%
6M+13.5%
YTD+24.0%
1Y+5.2%
ATR %4.1%
Beta1.36
52w lowhigh4.4% off high

What Tanla Platforms does

Employees: 1,114

Tanla Platforms at a glance

Size Tanla Platforms (TANLA.NS) is an India Information Technology company (Information Technology Services) with a market value of $915M, the 622nd largest of 1,058 India companies the cockpit tracks. Shares closed at ₹651.50 on 6 Nov 2026.

Performance Over six months the shares gained 13.5%, against -3.6% for the median peer and 0.0% for the India market (cap-weighted) — 9th highest of 21 in its peer set.

Growth Revenue grew 17.7% over the last twelve months (peer median +3.9%); the operating margin is 13.6% (peer median 0.8%).

Valuation It trades at 14.6× forward earnings against a peer median of 16.1× (4th cheapest of 13).

Price implies For today's price to make sense, revenue must grow about 15% a year for seven years (Req g). Recent delivered growth is +14%, so the hurdle is +1 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 9.9 points above its cost of capital (18.2% WACC).

Next results Next results expected around 26 Jan 2027 (exchange calendar; dates can move).

Relative performance

9010011011 May 202611 Aug 20266 Nov 2026TANLA.NS 115Peer median 96
Six months, rebased to 100: Tanla Platforms against the median of its 20 peers (local-currency closes).

Tanla Platforms financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹48.8B₹44.2B₹40.3B₹39.3B₹33.5B
Revenue growth—+10%+3%+17%—
Gross profit₹8.46B₹7.51B₹7.02B₹7.76B₹6.42B
EBITDA₹7.98B₹7.51B₹7.07B₹7.51B₹6.07B
Net income₹5.54B₹5.09B₹5.07B₹5.48B₹4.48B
Free cash flow₹7.97B₹5.63B₹5.93B₹4.31B₹907M
Capital expenditure₹183M₹977M₹1.28B₹1.59B₹1.56B
Total debt₹750M₹527M₹640M₹750M₹826M

Quarterly statements and history in the cockpit →

Tanla Platforms competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

0%+50%+100%-20%0%+20%300598ASE6007974DX002380300300003040ANOD-BRPD002421MAX30032444172317GFT688286OSPNTANLA.NS6-month return →1-month return →
Up and to the right = strong over both horizons. Tanla Platforms is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%0×50×100×ASE002380003040300226RPDMAX4417688286TANLA.NSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Tanla Platforms is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%ASE600797002380ANOD-B300226RPD002421MAX44172317688286OSPNTANLA.NSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Tanla Platforms is the large dot.

Tanla Platforms competitors and peer comparison

How Tanla Platforms compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Tanla Platforms against its 20 peers (data as of 6 Nov 2026)
MeasureTANLA.NSPeer medianRank in peer set
1-month return+31.7%-1.4%4th highest of 21
6-month return+13.5%-3.6%9th highest of 21
Distance from 52-week high-4.4%-42.0%2nd highest of 21
Revenue growth (TTM)+17.7%+3.9%3rd highest of 21
Operating margin13.6%0.8%5th highest of 21
Forward P/E14.6×16.1×4th cheapest of 13
Growth the price implies (Req g, 7 yrs)15.0%11.3%5th most demanding of 14
Growth delivered (Del g)+13.5%+11.9%6th highest of 14
Hurdle (Req g minus delivered)+1.5 pp+2.3 pp7th least demanding of 14
ROIC minus cost of capital+9.9 pp-4.2 pp5th highest of 20
EV / EBITDA9.6×10.1×3rd cheapest of 8
Net debt / EBITDA-1.2×0.6×3rd least indebted of 9

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Tanla Platforms TANLA.NSIndia$915M+14%+18%14%14.6×15.0%+13.5%
ArcherMind Technology 300598.SZChina$906M-24%+7%-5%n/an/an/a
Asseco South Eastern Europe ASE.WAPoland$940M+20%+7%16%16.0×-0.9%+11.9%
Insigma Technology 600797.SSChina$943M-28%-13%0%n/a20.0%-2.9%
4DMedical 4DX.AXAustralia$952M-33%+21%-814%n/an/an/a
Nanjing Sciyon Wisdom Technology 002380.SZChina$957M-22%+7%12%16.2×11.3%+17.4%
Strait Innovation Internet 300300.SZChina$964M-23%-8%-66%n/an/an/a
Chutian Dragon 003040.SZChina$869M-15%-23%-7%40.5×n/an/a
Addnode ANOD-B.STSweden$859M+35%+5%10%16.0×4.5%+8.8%
Shanghai Ganglian E-Commerce 300226.SZChina$979M-21%+1%0%19.9×6.1%+3.9%
Rapid7 RPDUnited States$989M+113%0%2%7.7×21.4%+15.9%
Shenzhen Das Intellitech 002421.SZChina$996M+5%-17%-17%n/a14.8%-8.8%
MediaAlpha MAXUnited States$841M+56%+15%7%12.1×-0.7%+13.7%
Beijing Watertek Information Technology 300324.SZChina$834M-35%-44%-32%n/an/an/a
Global Security Experts 4417.TJapan$822M+239%+25%21%50.8×34.4%+30.2%
Qiming Information Technology 002232.SZChina$822M-24%-4%1%n/an/an/a
Systena 2317.TJapan$1.02B+4%+6%16%14.5×-10.9%+9.2%
GFT Technologies GFT.DEGermany$819M+35%+3%6%16.2×3.7%+14.8%
China Reform Health Management & Services 000503.SZChina$1.03B-11%+6%-45%n/an/an/a
Memsensing Microsystems (Suzhou China) 688286.SSChina$807M+46%-7%-6%104.5×48.4%+13.4%
OneSpan OSPNUnited States$797M+77%+5%18%16.1×14.6%+2.4%

Questions

Which companies are Tanla Platforms's closest peers?
The cockpit's peer set: ArcherMind Technology (300598.SZ), Asseco South Eastern Europe (ASE.WA), Insigma Technology (600797.SS), 4DMedical (4DX.AX), Nanjing Sciyon Wisdom Technology (002380.SZ), Strait Innovation Internet (300300.SZ), Chutian Dragon (003040.SZ), Addnode (ANOD-B.ST).
Is Tanla Platforms expensive compared with its peers?
On forward p/e it trades at 14.6× against a peer median of 16.1×, 4th cheapest of 13 in its peer set. For today's price to make sense, revenue must grow about 15% a year for seven years (Req g). Recent delivered growth is +14%, so the hurdle is +1 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Tanla Platforms stock performed?
Over six months to 6 Nov 2026 the shares returned +13.5% against -3.6% for the median peer; over one year +5.2%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.