1. India Stocks

  2. •

    Communications

  3. •

    Specialty telecommunications
GTPL Hathway Ltd

GTPL Hathway Ltd

54.84
INR
+0.94
(+1.74%)
0.57EPS
76.78P/E
6.85BMarket Cap
Jan 14Next Earn
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
62.71
74.51
92.08
99.96
110.52
211.52
218.63
207.41
235.78
285.12
308.6
330.17
337.61
Basic EPS, GAAP
1.18
0.75
4.1
5.61
1.68
6.91
16.73
17.75
10.13
9.51
4.26
1.4
0.79
Free Cash Flow per Basic Share
- -
-15.51
-1.23
7.71
5.07
12.72
15.97
7.58
10.24
-1.49
5.98
5.65
- -
Dividend per Share
- -
- -
0.06
1.24
1.2
1.21
3
4
4
4
4
2
- -
Book Value per Share
27.19
34.35
39.38
58.48
59.11
64.76
78.26
91.75
98.09
103.13
103.49
101.93
- -
Tangible Book Value per Share
14.76
20.15
25.15
43.99
44
43.29
54.29
67.5
71.68
74.29
76.26
76.66
- -
Basic Weighted Avg Shares
98
98
98
109
112
112
112
112
112
112
112
112
112
Sales/Revenue/Turnover
6,176
7,338
9,056
10,894
12,429
23,788
24,588
23,325
26,517
32,066
34,706
37,132
37,756
Operating Margin (%)
10.83
9.28
8.91
13.62
10.52
9.91
10.75
12.47
5.99
4.81
1.91
1.32
0.62
Depreciation Expense
837
1,073
1,394
1,711
2,019
2,317
2,604
2,529
3,189
3,372
3,688
3,761
3,820
Net Income, GAAP
116
74
403
611
189
777
1,881
1,997
1,139
1,070
479
158
89
Effective Tax Rate (%)
- -
54.56
35.66
42.33
42.67
44.31
26.92
24.58
26.3
25.89
23.28
30.66
36.15
Profit Margin (%)
1.89
1
4.45
5.61
1.52
3.27
7.65
8.56
4.3
3.34
1.38
0.42
0.23
Working Capital
-2,086
-2,809
-3,567
-3,825
-3,887
-5,797
-5,696
-4,919
-7,126
-8,380
-8,411
-7,890
- -
LT Debt
1,672
2,525
2,346
1,103
1,526
837
313
442
396
1,044
1,208
3,233
- -
Total Equity
3,049
3,800
4,157
6,880
7,012
7,741
9,527
11,256
12,097
12,867
12,929
12,673
- -
Return on Invested Capital (%)
- -
0.89
5.44
7.49
4.32
10.23
20.98
19.44
8.58
8.27
3.47
1.91
- -
Return on Capital (%)
- -
3.59
9.61
8.18
2.67
8.19
16.58
15.88
8.31
8.02
4.35
2.63
- -
Return on Common Equity (%)
- -
2.44
11.11
11.69
2.86
11.16
23.39
20.89
10.67
9.46
4.12
1.36
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
1,787
- -
LT Borrowings
- -
697
- -
LT Finance Leases
- -
2,537
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
112
112
112
Market Capitalization
11,310
6,298
6,850

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
7,817
- -
Cash, Cash Equivalents & STI
- -
566
- -
Accounts Receivable, Net
- -
5,455
- -
Inventories
- -
282
- -
Total Current Liabilities
- -
15,707
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,787
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.08%
6.1%
-1.98%
Free Cash Flow
-138.03%
-127.6%
-5.62%
Net Income, GAAP
71.74%
-33.04%
-67.1%
Sales/Revenue/Turnover
19.72%
8.94%
6.99%
Total Cash Common Dividend
- -
-3.34%
-50%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
8,434
8,556
8,873
8,910
34,706
2026
9,037
- -
9,326
9,238
37,132
2027
10,154
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.27
1.14
0.9
0.95
4.26
2026
0.94
- -
0.98
-1.34
1.4
2027
0.21
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
4
2026
- -
- -
- -
- -
2
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Paramveersinh A. Jadeja
Full Time Employees
2,114
Sector
Communications
Industry
Specialty telecommunications
Address
GTPL House, Shree One Building Ahmedabad GU India 380059
IPO Date
Jul 4, 2017
Website
gtpl.net
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Business
GTPL Hathway Limited, headquartered in Ahmedabad, India, stands as a prominent telecommunications and media enterprise. Established in 2006, the company delivers extensive digital cable television and high-speed wireline broadband services across numerous Indian states. As India's largest Multi-System Operator (MSO), GTPL reaches over 1,500 towns in 23 states with its digital cable television offerings, boasting approximately 9.60 million active set-top boxes and 8.90 million paying subscribers as of June 2025. Through its GTPL Fiber brand, the company also provides leading private broadband services in seven states, including Gujarat, Rajasthan, and Maharashtra, serving around 1.04 million broadband customers. The company operates across segments encompassing Cable Television, Internet Services, and Projects, driving revenue primarily from its subscription-based models. GTPL has significantly expanded its offerings, including the launch of GTPL Genie+, an Android TV-based hybrid set-top box that integrates traditional cable TV with access to over 29 OTT platforms, enhancing its value proposition. Recent strategic developments also include securing a 10-year permission for Headend-In-The-Sky (HITS) services, further bolstering its distribution capabilities. Leveraging an expansive fiber optic network exceeding 100,000 kilometers, GTPL Hathway continues to provide reliable connectivity and entertainment solutions to millions of households and enterprise clients nationwide.