Tanla Platforms Ltd · NSE:TANLA
Tanla Platforms — Tanla Solutions — Q1 FY2021 Earnings Presentation
18 slides from Tanla Platforms's earnings presentation, Aug 12, 2020
Slide 1: Cover letter to stock exchanges: Investor Updates for quarter ended June 30, 2020
Tanla Solutions Limited T: +91-40-40099999 Tanla Technology Center info@tanla.com Hi-tech city Road, Madhapur, tanla.com Hyderabad, India - 500081 CIN: L72200TG1995PLC021262 August 12, 2020 To, BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, “Exchange Plaza” Dalal Street
Slide 2: Tanla Solutions Limited, August 12, 2020
Tanla Solutions Limited August 12, 2020
Slide 3: Safe Harbor Statement
SAFE HARBOR STATEMENT This presentation might contain ‘forward-looking statements’ that are based on our current expectations, assumptions, estimates and projections about Tanla Solutions Limited (the “Company”), our industry, economic conditions in the markets in which we operate, and certain other
Slide 4: Solid start to FY21 amidst COVID-19 crisis
SOLID START TO FY21 AMIDST COVID-19 CRISIS TOTAL REVENUE, GROSS MARGIN, NET PROFIT AND EPS UP INR Cl A @ ba Total Revenue Gross Margin Net Profit EPS Qv/21 Growth % Q1/21 Growth % Qv/21 Growth % Qv/21 Growth % 455.5 15% 105.3 37% 78.6 204% 517 196% Note: Growth percentage is over corresponding quart
Slide 5: Other financial highlights: First Quarter 2021
OTHER FINANCIAL HIGHLIGHTS FIRST QUARTER 2021 Gross margin percentage increased by 3.7% to 23.1% EBITDA percentage increased by 8.5% to 16.4% EBITDA to Cash conversion remained robust at 81.1% Net profit up 204% to INR 78.6Cr Other income INR 13.2Cr Capital expenditure is at INR 8.2Cr Tanla and all
Slide 6: Profit & Loss: First Quarter 2021
Page 5 Revenue from operations Cost of Services Gross Margin Gross Margin % Operating Expenses EBITDA EBITDA % Other Income Depreciation and Amortization Finance Cost PROFIT & LOSS FIRST QUARTER 2021 Share in Net profit/ (loss) of associate Profit (loss) before tax Tax Expense (including deferred ta
Slide 7: Gross margin development
GROSS MARGIN DEVELOPMENT GROSS MARGIN UP 3.7 PERCENT YOY Q1/20 19.4% Q2/20 20.2% Q3/20 19.3% Q4/20 21.4% Q1/21 23.1% Gross margin percentage increased by 3.7% to 23.1% compared to corresponding quarter Q1/20 12 August 2020 Investor Update QIFY2021
Slide 8: EBITDA movement
EBITDA MOVEMENT EBITDA UP 3.8 PERCENT YOY Particulars FY20 1/20 Q2/20 Q3/20 Q4/20 Q1/21 Adjusted EBITDA (INR Crore) 240.3 50.8 60.9 63.7 64.9 76.1 Free Cash Flow (INR Crore) 189.8 42.5 48.6 52.5 46.3 61.7 12.9% 12.5% 11.3% 12.4% Aga Adjusted EBITDA to Revenue % 12.4% a = = —— Adjusted EBITDA to Cash
Slide 9: Cost ratios: First Quarter 2021
Page 8 R&D as % of total revenue INR 7.9 Cr COST RATIOS FIRST QUARTER 2021 455.5 Crore Total revenue for Q1 S&M as % of total revenue INR 4.4 Cr 12 August 2020 Investor Update QIFY2021 G&A as % of total revenue INR 24.7 Cr
Slide 10: Unaudited balance sheet condensed, June 30, 2020
UNAUDITED BALANCE SHEET CONDENSED JUNE 30, 2020 Assets Goodwill Intangible assets Property, plant, and equipment Financial Assets Other non-current assets Total non-current assets Cash, cash equivalents and other financial assets Trade and other receivables Other current assets Total current assets
Slide 11: Cash flow statement
CASH FLOW STATEMENT Particulars Net cash provided by (used in) Operating activities Investing activities Financing activities Net increase in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents closing balance Page 10 12 August 2020 Investor Update QIFY
Slide 12: Capex spent
Platforms Computers Other assets Total Capex Spent Pagel! 12 August 2020 Investor Update QIFY2021 CAPEX SPENT Q1/20 21 1.6 3.1 6.8 Q2/20 10.9 11.1 Q3/20 16.7 Q1/21 7.9 0.1 0.2 8.2 FY 20 28.7 3.0 6.4 38.1 (INR Crore) YTD 36.6 Sul 6.6 46.3
Slide 13: Key metrics
Page 12 Total Revenue +15% 455.5 Crore EBITDA to Cash conversion 81.1% 61.7 Crore Book Value* 58.95 +4.8% k of shares 12 August 2020 quarter KEY METRICS Revenue Mix Gross Margin Domestic _ International 437% 55% :- 45% 105.3 Crore Net Profit EPS* +204% 5.17 78.6 Crore +196% Gross Margin % EBITDA % 2
Slide 14: Key ratios
Page 13 Current Ratio 1.97 +37% ROCE 37.7% +108% Price to Book Value* 12 August 2020 Investor Update QIFY2021 KEY RATIOS Quick Ratio 1.82 +37% Fixed Assets Turnover Ratio 35.93 times Enterprise Value/ Adjusted EBITDA* 5.82 +16% calculated post buy-back of shares Cash Ratio 0.58 times +231% PE Ratio*
Slide 15: Tanla Solutions Limited, August 12, 2020
Tanla Solutions Limited August 12, 2020
Slide 16: Tanla announces un-audited financial results for Q1FY2021
Tanla announces un-audited financial results for Q1FY2021. HYDERABAD — August 12, 2020 [NSE-TANLA; BSE-532790] — The Board of Tanla Solutions Limited at its Board Meeting held on August 12, 2020 announced the un-audited financial results for the quarter ended on June 30, 2020 for FY21. • Revenue at
Slide 17: Buy-back proceeds, shareholding pattern and merger update
• Total buy-back proceeds of ₹135.2 crore were discharged to the shareholders on July 22, 2020 and buy-back tax of ₹29.5 crore was paid on August 5, 2020. • The Shareholding pattern pre and post buy-back is as given below: Pre-Buyback (as on June 12th, 2020) Post-Buyback (as on July 31st, 2020) No.
Slide 18: Auditors and About Tanla
Auditors Internal Auditors: Deloitte Touche Tohmastu India LLP Statutory Auditors: MSKA & Associates About Tanla Tanla is a Hyderabad, India-based company, established in 1999. It is a global leader in its domain as one of the largest Cloud Communication providers, handling over 200 billion business