TANLA PLATFORMS LIMITED

Operates as a Communications Platform as a Service (CPaaS) provider, selling cloud-based messaging, anti-phishing, and AI-driven communication products to enterprises, banks, and telecom operators. FY26 consolidated revenue was Rs 4,417.71 crore with an EBITDA margin of 17.23%; Q1 FY27 revenue was Rs 1,226 crore, up 17.8% YoY, with EBITDA margin at 16.4%. The product set spans SMS, WhatsApp Business, RCS messaging, the Wisely AI trust platform, and the ATP anti-phishing platform, with Wisely AI deployed with Indonesian telco Indosat covering 100 million subscribers on a per-subscriber-per-month, 5-year subscription, and ATP live with three banks including Bandhan Bank on a similar subscription basis. The portfolio runs 2 billion RCS messages monthly and Wisely.ai protects over 100 million users from spam and scam. A pending acquisition of ValueFirst Middle East FZC through subsidiary Karix Mobile FZ LLC adds CPaaS operations in UAE, Saudi Arabia and Indonesia for AED 58.25 million (Rs 148.52 crore enterprise consideration, including Rs 12 crore cash and Rs 136.52 crore assumed liabilities); the target had FY26 turnover of Rs 181.63 crore with negative net worth. Cost structure in FY26 was dominated by other operating expenses at 77.6% of revenue, with employee cost at 6.1% and depreciation at 2.8%.