Tanla Platforms Greenlights ₹1.75 Billion Buyback at ₹875 per Share

Image Source: Tanla Solutions

Tanla Platforms Ltd has approved a share buyback worth ₹1.75 billion via the tender offer route, marking its third such move in five years. The buyback price has been set at ₹875 per share, offering a premium over the current market price and signaling the company’s confidence in its longterm value.

Key Highlights:

Buyback Size & Price: The board approved a buyback of up to ₹1.75 billion at ₹875 per share, aiming to return surplus cash to shareholders.
Tender Offer Route: The buyback will be conducted through a tender offer, allowing eligible shareholders to tender shares at the specified price.
Market Reaction: Shares surged over 12% ahead of the announcement, reflecting investor optimism. The stock had previously seen buybacks in 2020 and 2022 at ₹1,200 per share.
Financial Snapshot: In Q4 FY25, Tanla reported a 9.9% drop in net profit to ₹117.3 crore, while revenue rose slightly to ₹1,024.4 crore. EBITDA margin held steady at 16%.
Dividend Update: The board also declared a second interim dividend of ₹6 per share for FY25, with a record date of April 30, 2025.
Promoter Holding: As of March 2025, promoters held a 44.1% stake in the company.