Tanla Platforms Limited's (NSE:TANLA) largest shareholder, CEO Dasari Uday Reddy sees holdings value fall by 4.7% following recent drop
Key Insights
- Insiders appear to have a vested interest in Tanla Platforms' growth, as seen by their sizeable ownership
- The top 6 shareholders own 51% of the company
- 13% of Tanla Platforms is held by Institutions
If you want to know who really controls Tanla Platforms Limited (NSE:TANLA), then you'll have to look at the makeup of its share registry. And the group that holds the biggest piece of the pie are individual insiders with 47% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
And last week, insiders endured the biggest losses as the stock fell by 4.7%.
Let's delve deeper into each type of owner of Tanla Platforms, beginning with the chart below.
See our latest analysis for Tanla Platforms
What Does The Institutional Ownership Tell Us About Tanla Platforms?
Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.
As you can see, institutional investors have a fair amount of stake in Tanla Platforms. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Tanla Platforms' earnings history below. Of course, the future is what really matters.
Tanla Platforms is not owned by hedge funds. With a 37% stake, CEO Dasari Uday Reddy is the largest shareholder. Meanwhile, the second and third largest shareholders, hold 5.5% and 2.6%, of the shares outstanding, respectively.
We also observed that the top 6 shareholders account for more than half of the share register, with a few smaller shareholders to balance the interests of the larger ones to a certain extent.
Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.
Insider Ownership Of Tanla Platforms
The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.
I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.
Our information suggests that insiders maintain a significant holding in Tanla Platforms Limited. It is very interesting to see that insiders have a meaningful ₹44b stake in this ₹95b business. It is good to see this level of investment. You can check here to see if those insiders have been buying recently.
General Public Ownership
The general public, who are usually individual investors, hold a 34% stake in Tanla Platforms. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.
Private Company Ownership
Our data indicates that Private Companies hold 6.7%, of the company's shares. Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research.
Next Steps:
I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Take risks for example - Tanla Platforms has 1 warning sign we think you should be aware of.
Ultimately the future is most important. You can access this free report on analyst forecasts for the company.
NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NSEI:TANLA
Tanla Platforms
Engages in the provision of cloud communication platforms as a service for mobile operators and enterprises in India and internationally.
Flawless balance sheet, good value and pays a dividend.