Tanla Announces Fourth Quarter and Full Year 21-22 Results

Business Wire India
Tanla Platforms Limited, India’s largest CPaaS provider, today announced its financial results for the fourth quarter and full year ended 31 March, 2022.
 
Key Metrics: Fourth Quarter

• Revenue 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 Truecaller 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.

 
Invitation to the conference:
Tanla will host a conference call and live webcast to discuss the financial results on 02 May, 2022 at 4.30 PM IST.
 
Conference call details:
Interested parties may listen to the call by dialing +91 22 6280 1141 / +91 22 7115 8042, or if outside India, by dialing toll-free number United Kingdom 08081011573, United States 18667462133, Hong Kong 800964448, and Singapore 8001012045. The live audio webcast link will be available on the Tanla website.