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TANLA PLATFORMS LIMITED Earnings Release 2023

Oct 20, 2022

61461_rns_2022-10-20_8441f995-47c8-4515-942e-af45dc5ba201.pdf

Earnings Release

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Tanla Platforms Limited T: +91-40-40099999 (Formerly known as Tanla Solutions Limited) [email protected] Tanla Technology Center www.tanla.com Hi-tech city Road, Madhapur, Hyderabad, India - 500081 CIN: L72200TG1995PLC021262

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October 20, 2022

To,

BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai - 400 001
ScripCode:532790
National Stock Exchange of India Ltd.
“Exchange Plaza”
Bandra-Kurla Complex, Bandra (East),
Mumbai - 400 051
Symbol:TANLA

Dear Madam/Sir,

Sub: Press Release for the quarter and half year ended September 30, 2022.

With reference to the subject cited, we are enclosing herewith Press Release for the quarter and half year ended September 30, 2022.

Request you to take the same on record and oblige.

Yours faithfully,

For Tanla Platforms Limited

(Formerly known as Tanla Solutions Limited)

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Digitally signed by SESHANURA SESHANURADHA CHAVA DHA CHAVA Date: 2022.10.20 20:26:38 +05'30'

Seshanuradha Chava General Counsel and Company Secretary ACS-15519

Q2

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Tanla Announces Second Quarter FY23 Results

HYDERABAD, India — October 20, 2022 — Tanla Platforms Limited, India’s largest CPaaS provider, today announced its financial results for the second quarter of FY’22-23.

Key Metrics: First Quarter (April – June 2022)

  • Revenue increased by 1% year-over-year to ₹8,510 million

  • Gross profit at ₹2,056 million. Gross margin at 24.2%

  • EBITDA at ₹1,395 million. EBITDA margin at 16.4 %

  • Profit after tax at ₹1,104 million. Profit after tax margin at 13%

  • Earnings per share at ₹8.14

  • Cash & Cash Equivalents at ₹8,552 million

Key Metrics: First Quarter (April – September 2022)

  • Revenue increased by 12% year-over-year to ₹16,512 million.

  • Gross profit at ₹3,907 million. Gross margin at 23.7%.

  • EBITDA at ₹2,702 million. EBITDA margin at 16.4 %.

  • Profit after tax at ₹2,108 million. Profit after tax margin at 12.8%.

  • Earnings per share at ₹15.53.

  • Free cash flow at ₹302 million and Cash & Cash Equivalents at ₹8,552 million

Uday Reddy, Founder Chairman & CEO, Tanla Platforms Limited said, “Our significant investments in Wisely, the platform of platforms for digital interactions is seeing strong traction and we are accelerating our Go-to-market efforts. Our focus on ESG was recognized by our S&P Global ESG score where we ranked in the top 93-94 percentile of the industry”.

. Significant events during the quarter:

  • Tanla has been recognized for the second consecutive year in the latest edition of the 2022 Gartner® Market Guide for Communications Platform as a Service (CPaaS)

  • Tanla participated in the S&P Global CSA for the first time this June following an invitation by S&P Global. Our S&P Global ESG score is 32 points, while the industry average is 18 points, hence our percentile is in the range of 93-94. S&P Global ESG scores are used to select companies into indices like DJSI, S&P 500 ESG, S&P Global 1200 ESG or S&P Global Large Mid Cap Indices.

  • Final dividend approved by the shareholders in the Annual General Meeting, and the dividend was disbursed in Oct 2022. The Company announced a dividend distribution policy allocating a payout of 30% of consolidated PAT to be disbursed as dividend annually. Interim dividend of ₹ 6 per share was proposed and paid. Total cash returned to shareholders ₹1,086 million

  • Third consecutive buyback announced by the Board of Directors. The Company proposes to buy back shares at ₹ 1,200 per share for an aggregate amount not exceeding ₹ 1,700 million through tender

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route mechanism, the shareholders approved the buyback resolution on Oct 11,2022. DLOF was submitted to SEBI on October 17, 2022.

Invitation to the conference call:

Tanla will host a conference call and live webcast to discuss the financial results on Oct 21, 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 the toll-free number - the United Kingdom 08081011573, United States 18667462133, Hong Kong + 852 30186877, and Singapore + 65 31575746. Watch the presentation at https://bit.ly/3COoEvV

For any additional information, please contact:

Ritu Mehta Director- Investor relations

[email protected]

Chandra Sekhar. K Head-Media relations

[email protected]

About Tanla

Tanla transforms the way the world collaborates and communicates through innovative CPaaS solutions. Founded in 1999, it was the first company to develop and deploy A2P SMSC in India. Today, as one of the world’s largest CPaaS players, it processes more than 800 billion interactions annually and about 63% of India’s A2P SMS traffic is processed through Trubloq, making it the world’s largest Blockchain use case. Wisely, our patented enterprise grade platform offers private, secure, and trusted experiences for enterprises and mobile carriers. Tanla Platforms Limited is headquartered in Hyderabad. Tanla is listed on two national exchanges, the NSE and BSE, (NSE: TANLA; BSE:532790) and included in prestigious indices such as the Nifty 500 and BSE 500, Nifty Digital Index, FTSE Russell and MSCI.

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Safe Harbor

This document contains “forward-looking” statements, and these statements involve substantial risks and uncertainties. All statements other than statements of historical fact could be deemed forward-looking, including, but not limited to, expectations of future operating results or financial performance, market size and growth opportunities, the calculation of certain of our key financial and operating metrics, plans for future operations, competitive position, technological capabilities, and strategic relationships, as well as assumptions relating to the foregoing. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. In some cases, you can identify forwardlooking statements by terminology such as “expect,” “anticipate,” “should,” “believe,” “hope,” “target,” “project,” “plan,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “might,” “could,” “intend,” “shall,” and variations of these terms or the negative of these terms and similar expressions. You should not put undue reliance on any forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all.

Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond our control. Our actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors. If the risks or uncertainties ever materialize or the assumptions prove incorrect, our results may differ materially from those expressed or implied by such forward-looking statements. We assume no obligation and do not intend to update these forward-looking statements or to conform these statements to actual results or to changes in our expectations, except as required by law.

This document contains statistical data, estimates and forecasts that are based on independent industry publications or other publicly available information, as well as other information based on our internal sources. This information involves many assumptions and limitations, and you are cautioned not to give undue weight to these estimates. We have not independently verified the accuracy or completeness of the data contained in these industry publications and other publicly available information. Accordingly, we make no representations as to the accuracy or completeness of that data nor do we undertake to update such data after the date of this document.

By receiving this document, you acknowledge that you will be solely responsible for your own assessment of the market and our market position and that you will conduct your own analysis and be solely responsible for forming your own view of the potential future performance of our business.

Any logos or trademarks (other than Tanla, Karix, Gamooga. Trubloq & Wisely) included herein are the property of the owners thereof and are used for reference purposes only.

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