Tanla Platforms Share Price Target 2023 to 2030: Can (NSE: TANLA) touch 800 INR in 2023?

Tanla Platforms, a provider of cloud communication and messaging solutions, has seen a significant increase in its share price in the past year, with investors showing great optimism due to the company’s innovative solutions and cutting-edge technology. This article analyzes the current state of the company and its potential for growth, considering the recent introduction of a new anti-phishing platform, and explores whether Tanla Platforms is a good auto stock to purchase and what its share price target may be for 2023 to 2030.

Stock history of Tanla Platforms

After being listed on the National Stock Exchange of India (NSE) in 2007, Tanla Platforms started trading on both the NSE and Bombay Stock Exchange (BSE). In its early days, the company’s share price remained low, hovering between INR 30-40.

However, over the past few years, the stock has witnessed a significant surge in value, with a remarkable jump in 2018. Since then, the shares have seen a consistent growth trajectory. In 2020, the stock reached an all-time high of INR 867 but later experienced some correction before bouncing back again in 2021.

At present, the shares are trading in the INR 600-700 range. The company’s sustained growth can be attributed to its technology focus and innovative approach, along with the rising demand for cloud communication and messaging solutions.

Tanla Platforms’ acquisition of Karix Mobile, a company specializing in mobile engagement and communication, has also contributed to its growth.

Latest news about Tanla Platforms

The price of Tanla’s stock has increased in correlation with trading volume as the market anticipates the introduction of a new anti-phishing platform.

The net sales of Tanla Platforms Standalone in December 2022 were Rs 286.03 crore, a decrease of 21.44% year-on-year.

How to buy Tanla Platforms shares?

You can buy Tanla Platforms shares from the following trading platforms:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

Share Price Prediction of Tanla Platforms: 2023 to 2030

Share Price Target 2023 of Tanla Platforms

When Maximum Price Minimum Price
February 2023 ₹628.00 ₹506.15
March 2023 ₹566.50 ₹519.62
April 2023 ₹542.85 ₹507.58
May 2023 ₹522.38 ₹497.98
June 2023 ₹492.85 ₹467.58
July 2023 ₹471.42 ₹431.09
August 2023 ₹461.56 ₹421.20
September 2023 ₹492.39 ₹468.76
October 2023 ₹523.56 ₹491.20
November 2023 ₹546.22 ₹506.32
December 2023 ₹582.80 ₹549.08

Tanla Platforms’ share price target for 2023 is expected to fluctuate throughout the year, mostly stay bearish. The share price is projected to have a maximum value of ₹628.00 in February 2023 and a minimum value of ₹431.09 in July 2023.

Over the course of the year, the share price is expected to gradually increase from its minimum point to its maximum point in December 2023, with a projected maximum price of ₹582.80 and a minimum price of ₹506.15.

It appears that Tanla Platforms’ share price may experience some volatility, but it is expected to experience overall growth throughout the year, with a projected increase of approximately 11.8% from its minimum to maximum values.

Tanla Platforms Share Price Target 2024

When Maximum Price Minimum Price
January 2024 ₹612.27 ₹584.82
February 2024 ₹591.12 ₹550.10
March 2024 ₹579.07 ₹533.56
April 2024 ₹559.16 ₹518.58
May 2024 ₹542.63 ₹500.49
June 2024 ₹552.16 ₹512.58
July 2024 ₹539.29 ₹508.36
August 2024 ₹522.21 ₹491.44
September 2024 ₹509.92 ₹474.56
October 2024 ₹494.03 ₹477.71
November 2024 ₹511.73 ₹472.10
December 2024 ₹485.96 ₹450.74

Tanla Platforms’ share price target for 2024 suggests that the company’s stock may experience a bearish trend with a downwards trajectory throughout the year. The share price has been in a downtrend for a long time and is expected to continue, with a projected minimum price of ₹450.74 in December 2024.

The company’s bad financial condition, depleting profits, and revenue have likely contributed to the negative outlook for the stock. As a result, it may be wise for investors to avoid investing in Tanla Platforms’ stock until the company’s financial situation improves.

The projected maximum share price for 2024 is ₹612.27, which is significantly lower than the company’s previous maximum share prices. It appears that Tanla Platforms’ stock is in a challenging position, and investors should carefully evaluate the company’s financial health before making any investment decisions.

Tanla Platforms Share Price Target 2025 of Tanla Platforms

When Maximum Price Minimum Price
January 2025 ₹460.68 ₹429.76
February 2025 ₹467.04 ₹410.80
March 2025 ₹479.39 ₹431.84
April 2025 ₹454.10 ₹427.00
May 2025 ₹431.00 ₹420.00
June 2025 ₹414.10 ₹397.00
July 2025 ₹404.85 ₹385.43
August 2025 ₹391.22 ₹349.40
September 2025 ₹395.93 ₹346.87
October 2025 ₹373.69 ₹326.68
November 2025 ₹359.85 ₹330.65
December 2025 ₹329.24 ₹303.26

The share price target for Tanla Platforms in 2025 suggests a continued bearish trend with a downwards trajectory. The projected minimum share price for December 2025 is ₹303.26, which is significantly lower than the maximum share price projected for January 2025, at ₹460.68.

The company’s financial situation continues to be in bad condition with depleting profits and revenue. The stock has been in a downtrend for a long time, and this trend is expected to continue throughout 2025. The maximum share price projection for November 2025 is ₹359.85, which is still lower than the projected minimum share price for January 2025.

As a result, investors may want to avoid investing in Tanla Platforms’ stock until the company’s financial health improves. The projected share prices for 2025 suggest that the company may continue to struggle in the years to come, and investors should proceed with caution when evaluating the potential risks and benefits of investing in this stock.

Tanla Platforms Share Price Prediction 2026-2030

Year Maximum Price Minimum Price
2026 ₹349.47 ₹304.63
2027 ₹322.05 ₹294.44
2028 ₹425.69 ₹353.98
2029 ₹373.34 ₹308.84
2030 ₹321.15 ₹257.20

According to the projected share prices for Tanla Platforms from 2026-2030, the company’s stock appears to be in a state of fluctuation. The maximum share price is expected to increase from ₹349.47 in 2026 to ₹425.69 in 2028, before decreasing to ₹321.15 in 2030.

The minimum share price is expected to fluctuate as well, with a low of ₹294.44 in 2027 and a high of ₹353.98 in 2028. These projections suggest that Tanla Platforms’ stock may experience some volatility over the next few years, making it difficult for investors to predict the best time to buy or sell.

However, the overall trend appears to be a gradual decline in the company’s stock value over time. Investors should consider the potential risks and benefits of investing in Tanla Platforms, taking into account the projected share prices for the next few years.

Financial Condition of Tanla Platforms: Last 5 years

Narration Mar-18 Mar-19 Mar-20 Mar-21 Mar-22
Sales               791.61       1,003.96       1,942.84       2,341.47       3,205.97
Expenses               726.05           907.38       1,758.43       1,906.80       2,504.05
Operating Profit                     65.56             96.58           184.41           434.67           701.92
Other Income                       4.76             10.61           -36.37             21.92             16.13
Depreciation                     57.33             73.23           377.80             39.57             40.86
Interest                       0.37               0.49               7.49               2.27               3.08
Profit before tax                     12.62             33.47         -237.25           414.75           674.11
Tax                     -6.49               3.65           -26.08             58.62           134.84
Net profit                     19.11             29.82         -211.17           356.14           539.28
EPS                       1.70               2.58           -14.46             26.19             39.74
Price to earning                     17.97             14.32               -3.35             31.07             38.40
Price                     30.55             36.95             48.45           813.60       1,525.95
RATIOS:
Dividend Payout 17.63% 13.58% 0.00% 7.64% 5.03%
OPM 8.28% 9.62% 9.49% 18.56% 21.89%

Tanla Platforms has been experiencing significant growth over the past five years. In terms of revenue growth, the company has seen a steady increase from ₹791.61 crore in March 2018 to ₹3,205.97 crore in March 2022.

Similarly, the profit after tax (PAT) has grown from ₹19.11 crore to ₹539.28 crore during the same period, showcasing a consistent increase in profitability. However, the company faced a decline in PAT during the fiscal year 2019-2020, which can be attributed to higher expenses compared to the previous fiscal year.

Additionally, the operating profit margin (OPM) has improved significantly over the years, growing from 8.28% in March 2018 to 21.89% in March 2022. The company has also demonstrated a strong dividend payout ratio, ranging from 0% in the fiscal year 2019-2020 to 17.63% in March 2018.

Tanla’s Price to Earning (P/E) ratio has ranged from a minimum of -3.35 to a maximum of 38.40 during this period, indicating varying investor sentiments. With consistent revenue and profit growth and an improving OPM, Tanla Platforms has been showing promising financial performance over the years.

However, latest quarterly results have not been great and is showing a downtrend. Hence, the Tanla platforms share price projects suggest weakness and hence the price may continue downtrend.

Tanla Platforms share price target by Experts

Tanla Platforms share price target by HDFC Securities

HDFC Securities recommends buying the stock with a four-digit target price.

FAQS

Will the share price of Tanla Platforms increase in 2023?

It is predicted that Tanla Platforms’ stock price will reach ₹882.80 by the end of 2023.

What is Tanlas’ share price target for 2025?

The share price target of Tanla Platforms for 2025 might be around ₹1,499.24.

What is Tanlas’ share price target for 2030?

The per share price of  Tanla Platforms might reach around ₹3,673.15 by the end of 2030.

Would investing in Tanla be a wise decision?

According to the reports, investors in the cloud communication space have identified Tanla Platforms as one of the best options to invest in. So, investing in Tanla would be a wise decision.

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Conclusion: Should you invest in Tanla in 2023

Based on the income growth, PAT, revenue growth, and profit growth of the last five years, it is clear that Tanla Platforms has a promising future ahead. As per the share price target projection from 2023 to 2030, it is expected to witness a significant surge in its stock price, providing ample opportunities for investors.

However, it is important to note that the share price target is merely an estimate and the actual stock performance may differ due to various market factors. Nevertheless, considering the steady growth trend of the company, it can be concluded that Tanla Platforms is a good auto stock to buy for investors who are willing to hold onto their investment for a long period.

Author: Neha BhardwajHello, I am Neha. I am currently pursuing B.Sc (Hons.) Computer Science from Hansraj College, University of Delhi. I am skilled in web content writing and my interest lies in the field of Data Analytics, Finance and Marketing.

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