TANLA PLATFORMS LIMITED Investor Update - Q3 FY16 1/13
Q3 FY 2015-16 Investor Update
Hyderabad | Monday, February 1st, 2016
Financial:
Revenue: Rs.108.6 Crs, increase of 67% compared to Rs. 64.9 Crs YoY
increase of 2% compared to Rs. 106.7 Crs QoQ
Net Profit: Rs. 4.3 Crs, increase of 73% compared to Rs. 2.5 Crs YoY.
increase of 5% compared to Rs. 4.1 Crs QoQ.
Business:
M-Messaging:
International:
2 way messaging on Singapore A2P messaging hub went live in Dec 2015; the hub is now fully compliant with 16th amendment to TRAI Regulations. The hub is now fully operational, used by leading social media, search and OTT players with volumes growing steadily.
Signed agreements with 2 new Telecom Service Providers for provision of international A2P messaging services in India, technical deployment is in process and is expected to go live before end of Q4FY2016.
Domestic:
Highest monthly volume of 5Bn messages in Oct 2015 Highest daily volume of 250 Mn messages during Dec 2015
Major campaigns include 1 Bn messages for a leading social media company campaigns for capital market regulator.
Total volume processed in Q3FY16 is 11.34 Bn messages during Q3 as compared to 11.75 Bn in Q2.
Corporate:
KPMG is appointed to implement internal financial controls as mandated for Listed Entities as per section 134 of the Companies Act, 2013 to promote good governance, total transparency, integrity and accountability of the Management.
KPMG has been appointed to identify operational efficiencies by designing new Standard Operating Practices
for all departments in the Company.
Issue of share warrants to Promoters on preferential basis:
Issue price of share warrants is Rs.34.61 per share warrant as per SEBI (ICDR) Regulations Application for in-principle listing approval was made to BSE & NSE in December 2015.
Issue of options to employees under Tanla Employee Stock Option Plan 2015-16:
Remuneration Committee in its meeting on November 18th 2015 approved "The Tanla (ESOP) 2015-16" and allotted options to all eligible employees under the Tanla (ESOP) 2015-16.
Financial Analysis:
` in Mn
Total Revenues:
YoY: QoQ:
1,089.1
1,067.9
1,089.1
666.1
Q3'15
Q3'16
Q2'16
Q3'16
64% growth from ` 666.05 Mn in Q3 FY2015 to
` 1,089.10 Mn in Q3 FY2016 due to increase in A2P messaging volumes and launch of international messaging services.
Overall growth in revenue by 2%
International Revenue is up by 68% due to increase in mobile payments and generation of revenues from Singapore A2P messaging hub.
Domestic revenue has decreased by 16% due to reduction in Off-net messaging and focusing on On-net messaging.
Management has decided to focus on On-net messaging to
increase profitability.
Tanla Solutions Limited issued this content on 01 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 February 2016 04:16:04 UTC
Original Document: http://tanla.com/pdf/Investors_Update_Q3Y16.pdf
