GTPL Hathway Limited

GTPL Hathway Limited

GTPL.BO
GTPL Hathway LimitedIN flagBombay Stock Exchange
60.10
INR
-1.25
- -
6.72BMarket Cap
GTPL Hathway Limited
GTPL.BO
(Bombay Stock Exchange)

Recent

price

60.10

P/E

ratio

- -

div

yld

- -

ROIC.AI

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
62.71
74.51
92.08
99.96
110.52
211.52
218.63
207.41
235.78
285.12
309.3
330.26
314.76
Revenue per Share
1.18
0.75
4.1
5.61
1.68
6.91
16.73
17.75
10.13
9.51
4.26
1.4
3.93
Basic EPS, GAAP
- -
-15.51
-1.23
7.71
5.07
12.72
15.97
7.58
10.24
-1.49
5.99
5.64
- -
Free Cash Flow per Basic Share
- -
- -
0.06
1.24
1.2
1.21
3
4
4
4
4
2
- -
Dividend per Share
0.2
9.99
26.32
29.11
28.68
34.39
47.86
61.27
67.5
72.54
72.93
9.99
- -
Book Value per Share
18.54
24.41
28.04
48.17
47.24
47.36
60.74
75.83
81.15
85.56
87.76
87.3
- -
Tangible Book Value per Share
98
98
98
109
112
112
112
112
112
112
112
113
112
Basic Weighted Avg Shares
6,176
7,338
9,056
10,894
12,429
23,788
24,588
23,325
26,517
32,066
34,772
37,192
35,375
Sales/Revenue/Turnover
10.83
9.28
8.91
13.62
10.52
9.91
10.75
12.47
5.99
4.81
1.83
0.77
1.63
Operating Margin (%)
837
1,073
1,394
1,711
2,019
2,317
2,604
2,529
3,189
3,372
3,688
3,761
3,683
Depreciation Expense
116
74
403
611
189
777
1,881
1,997
1,139
1,070
479
158
442
Net Income, GAAP
- -
54.56
35.66
42.33
42.67
44.31
26.92
24.58
26.3
25.89
23.28
30.65
23.99
Effective Tax Rate (%)
1.89
1
4.45
5.61
1.52
3.27
7.65
8.56
4.3
3.34
1.38
0.42
1.25
Profit Margin (%)
-2,086
-2,809
-3,567
-3,825
-3,887
-5,797
-5,696
-4,919
-7,126
-8,380
-8,411
-7,890
- -
Working Capital
1,672
2,525
2,346
1,103
1,526
837
313
442
396
1,044
1,208
3,233
- -
LT Debt
3,049
3,800
4,157
6,880
7,012
7,741
9,527
11,256
12,097
12,867
12,929
12,673
- -
Total Equity
- -
4.2
5.87
9
7.76
14.86
21.47
20.63
9.77
8.47
3.36
1.23
- -
Return on Invested Capital (%)
- -
5.47
12.07
10.72
3.99
12.23
24.28
22.22
11.24
10.47
5.56
4.6
14.02
Return on Capital (%)
- -
14.7
22.55
21.21
5.9
21.92
40.67
32.54
15.74
13.59
5.86
3.38
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
1,917
- -
LT Borrowings
- -
559
- -
LT Finance Leases
- -
649
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
112
- -
Market Capitalization
15,466
12,165
13,582

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
9,066
- -
Cash, Cash Equivalents & STI
- -
485
- -
Accounts Receivable, Net
- -
5,884
- -
Inventories
- -
252
- -
Total Current Liabilities
- -
17,477
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,917
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

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
71.75%
-33.04%
-67.08%
Sales/Revenue/Turnover
19.74%
8.98%
6.96%
Total Cash Common Dividend
- -
-3.34%
-50%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7,744
7,792
8,509
7,797
32,066
2025
8,434
8,556
8,873
8,910
34,772
2026
9,037
9,326
9,238
- -
37,192

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.19
3.05
2.11
- -
9.51
2025
1.27
1.14
0.9
0.95
4.26
2026
0.94
0.98
-1.34
- -
1.4

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
4
2025
- -
- -
- -
- -
4
2026
- -
- -
- -
- -
2
Business
GTPL Hathway Limited, India's largest multi-system operator (MSO), provides digital cable television and high-speed broadband services to over 12 million households across more than 1,500 towns in 26 states. The company offers a comprehensive portfolio of over 940 television channels, including more than 50 owned and operated platform services in multiple languages; high-speed broadband via GPON/FTTx infrastructure; OTT aggregation through GTPL Genie+ with access to 25+ apps such as Amazon Prime, JioHotstar, Sony Liv, Z5 and aha; and cloud gaming via Blacknut featuring 500+ games on TVs, mobiles, tablets and PCs; complemented by value-added services like GTPL Buzz app for live TV, OTT, gaming and account management, plus 24x7 multi-modal customer support including AI-powered chatbots. Founded in 2006 and headquartered in Ahmedabad, Gujarat, GTPL Hathway dominates digital cable TV and wireline broadband in Gujarat and leads digital cable TV distribution in West Bengal, with significant operations in Maharashtra, Bihar, Uttar Pradesh, Rajasthan, Andhra Pradesh, Telangana and other regions; it serves residential, enterprise and government customers through 42,000+ business partners and 200+ broadcasters, maintaining approximately 9.5 million active digital cable TV subscribers and 1.05 million broadband subscribers as of late 2025. In August 2025, the company completed the acquisition of the remaining 49% stake in subsidiary GTPL Vision Services Private Limited for Rs 11.31 crore, making it a wholly owned entity to enhance television channel distribution synergies; it invested Rs 384 crore in FY25 for cable and broadband infrastructure upgrades, targets adding 500,000 cable TV and 100,000 broadband subscribers annually in FY26, and reported 12% year-over-year revenue growth in Q2 FY26.