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Tanla Platforms shares in focus as board approves Rs 175-crore share buyback at Rs 875 apiece


Tanla Platforms shares will be in focus on Tuesday after the company announced that its board has approved a share buyback proposal worth up to Rs 175 crore.

The company plans to repurchase up to 20 lakh fully paid-up equity shares, representing approximately 1.49% of its total equity capital, at a price of Rs 875 per share through the tender offer route.

The buyback offer constitutes 24.81% and 7.78% of the company’s paid-up equity share capital and free reserves based on its latest standalone and consolidated financial statements as of March 31, 2025, respectively.

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The buyback will be executed on a proportionate basis for all eligible shareholders and beneficial owners as on the record date, which will be announced later. The company will conduct the process through remote electronic voting and postal ballot to secure shareholder approval via a special resolution.

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Tanla Platforms Q4 earning

In the March 2025 quarter, Tanla Platforms reported a 9.9% year-on-year decline in net profit to Rs 117.3 crore, compared with Rs 130.2 crore a year ago. Revenue rose slightly by 1.9% to Rs 1,024.4 crore, while EBITDA increased by the same margin to Rs 163.4 crore.
The EBITDA margin remained steady at 16%, indicating no material gain in operational efficiency despite the modest rise in revenue.

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Tanla Platforms share price target

According to Trendlyne, the average target price for Tanla Platforms stands at Rs 608, implying a potential downside of around 8% from current levels. Among the three analysts tracking the stock, the consensus rating is ‘Buy’.

Technical indicators show the stock’s Relative Strength Index (RSI) at 67.9 — nearing overbought territory. The MACD stands at 31.6 and remains above its centerline and signal line, which is considered a bullish signal.

Tanla Platforms shares closed 1.3% lower at Rs 656.9 on the BSE in the previous session. The stock has surged 53% over the past three months but is still down over 32% in the past year.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)



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