GTPL Hathway Q2 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹607 Cr
- ROE
- 1.44%
- Price to sales
- 0.15
- Debt to equity
- 0.49
- 52W high / low
- ₹107 / ₹52.5
- Sales growth (5Y)
- 8.56%
- EBITDA margin
- 10.10%
- Net profit margin
- 0.36%
- Promoter holding
- 75.00%
- Sales (last year)
- ₹4,015 Cr
Guidance scorecard · Q2 FY27 call
What GTPL Hathway's management guided
RevenueQ1 FY27 call
10–20%- GTPL Hathway plans to expand aggressively in new and existing markets, including Kerala and Jammu & Kashmir, targeting a large addressable market (6.5-7 million households in Kerala, 4.5-5 million in J&K).
- The acquisition of ACT Group digital businesses (approx. 600,000 subscribers) will boost subscriber base and strengthen presence in Andhra Pradesh, Telangana, Odisha, and Karnataka, expected to increase revenue and EBITDA from Q3 FY27.
- The HITS (Headend-in-the-Sky) platform is expected to improve operational margins and cost efficiency, with 40-50% benefits visible by Q4 FY27 and full benefits from next financial year onwards.
2 more points from GTPL Hathway's call on revenue
Create a free account to keep reading this call
MarginsQ1 FY27 call
Up 0–2%See what GTPL Hathway said on margins — free account, 30 seconds.
CapexQ1 FY27 call
Planned- GTPL Hathway has planned a capex of around INR 400 crores for FY '27.
- The capex is evenly split with approximately 50% allocated for Broadband expansion and 50% for Digital TV.
- Investments focus on broadband growth including FTTX conversion and increasing the home pass footprint.
- Capex also includes infrastructure for HITS (Headend-in-the-Sky) platform expansion and operational benefits.
- Future investments target expansion in new strategic markets such as Kerala and Jammu & Kashmir and broadband launches there.
2 more points from GTPL Hathway's call on capex
Create a free account to keep reading this call
FundraisingQ1 FY27 call
See what GTPL Hathway said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
Ask what GTPL Hathway said on the order book →
Full Q1 FY27 analysisRanges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
This quarter's potential multibaggers
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Financials of GTPL Hathway
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of GTPL Hathway
Quarterly Results
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 692 | 774 | 779 | 851 | 808 | 843 | 856 | 887 | 891 | 904 | 959 | 933 | 924 |
| Expenses + | 591 | 655 | 655 | 730 | 695 | 730 | 748 | 782 | 786 | 797 | 855 | 819 | 843 |
| Operating Profit | 101 | 120 | 124 | 121 | 113 | 113 | 107 | 105 | 105 | 107 | 104 | 113 | 80 |
| OPM % | 15% | 15% | 16% | 14% | 14% | 13% | 13% | 12% | 12% | 12% | 11% | 12% | 9% |
| Other Income + | -10 | 6 | 11 | 10 | 7 | 7 | 7 | 9 | 8 | 5 | 6 | 6 | 10 |
| Interest | 3 | 4 | 5 | 6 | 7 | 7 | 6 | 9 | 8 | 9 | 9 | 10 | 11 |
| Depreciation | 100 | 74 | 82 | 91 | 90 | 92 | 90 | 93 | 94 | 91 | 91 | 94 | 100 |
| Profit before tax | -11 | 48 | 48 | 33 | 22 | 22 | 18 | 13 | 11 | 12 | 11 | 15 | -20 |
| Tax % | -4% | 26% | 25% | 26% | 26% | 31% | 24% | 27% | 3% | 40% | 31% | 24% | -32% |
| Net Profit + | -11 | 35 | 36 | 25 | 16 | 15 | 14 | 10 | 11 | 7 | 7 | 12 | -14 |
| EPS in Rs | -1.04 | 3.19 | 3.04 | 2.11 | 1.17 | 1.27 | 1.14 | 0.90 | 0.95 | 0.94 | 0.82 | 0.98 | -1.34 |
Financials of GTPL Hathway
Profit & Loss
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 623 | 736 | 908 | 1,091 | 1,246 | 2,384 | 2,467 | 2,414 | 2,664 | 3,212 | 3,477 | 3,719 |
| Expenses + | 474 | 583 | 697 | 797 | 905 | 1,921 | 1,947 | 1,881 | 2,198 | 2,735 | 3,045 | 3,314 |
| Operating Profit | 149 | 154 | 211 | 294 | 340 | 464 | 520 | 533 | 466 | 477 | 432 | 405 |
| OPM % | 24% | 21% | 23% | 27% | 27% | 19% | 21% | 22% | 18% | 15% | 12% | 11% |
| Other Income + | 9 | 8 | 33 | 17 | -44 | -30 | 51 | 24 | 32 | 34 | 30 | 28 |
| Interest | 42 | 47 | 64 | 42 | 51 | 45 | 23 | 14 | 10 | 23 | 30 | 39 |
| Depreciation | 84 | 107 | 139 | 171 | 202 | 232 | 260 | 253 | 319 | 337 | 369 | 376 |
| Profit before tax | 33 | 8 | 41 | 98 | 43 | 158 | 288 | 290 | 169 | 151 | 64 | 18 |
| Tax % | 39% | 54% | 36% | 42% | 43% | 44% | 27% | 25% | 26% | 26% | 23% | 31% |
| Net Profit + | 20 | 4 | 26 | 56 | 25 | 88 | 210 | 219 | 125 | 112 | 49 | 12 |
| EPS in Rs | 83.50 | 0.75 | 4.10 | 5.43 | 1.68 | 6.91 | 16.73 | 17.75 | 10.13 | 9.51 | 4.26 | 1.40 |
| Dividend Payout % | 0% | 7% | 24% | 18% | 60% | 43% | 24% | 23% | 39% | 42% | 47% | 143% |
Financials of GTPL Hathway
Balance Sheet
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 98 | 98 | 112 | 112 | 112 | 112 | 112 | 112 | 112 | 112 | 112 |
| Reserves | 331 | 282 | 289 | 545 | 552 | 616 | 768 | 919 | 991 | 1,047 | 1,051 | 1,034 |
| Borrowings + | 240 | 466 | 546 | 328 | 345 | 223 | 165 | 130 | 149 | 288 | 313 | 502 |
| Other Liabilities + | 542 | 628 | 776 | 916 | 1,004 | 1,194 | 1,273 | 1,141 | 1,420 | 1,571 | 1,759 | 1,627 |
| Total Liabilities | 1,115 | 1,474 | 1,709 | 1,902 | 2,014 | 2,145 | 2,318 | 2,303 | 2,672 | 3,019 | 3,236 | 3,276 |
| Fixed Assets + | 696 | 904 | 1,054 | 1,210 | 1,214 | 1,325 | 1,393 | 1,507 | 1,768 | 2,029 | 2,058 | 2,221 |
| CWIP | 11 | 61 | 60 | 38 | 32 | 32 | 71 | 92 | 113 | 88 | 118 | 66 |
| Investments | 15 | 19 | 10 | 14 | 15 | 14 | 10 | 9 | 9 | 11 | 12 | 11 |
| Other Assets + | 393 | 491 | 585 | 639 | 754 | 773 | 844 | 694 | 782 | 891 | 1,048 | 977 |
| Total Assets | 1,115 | 1,474 | 1,709 | 1,902 | 2,014 | 2,145 | 2,318 | 2,303 | 2,672 | 3,019 | 3,236 | 3,276 |
Financials of GTPL Hathway
Cash Flows
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 209 | 225 | 266 | 412 | 284 | 394 | 548 | 396 | 583 | 455 | 452 | 360 |
| Cash from Investing Activity + | -96 | -366 | -272 | -334 | -235 | -254 | -375 | -311 | -461 | -477 | -380 | -273 |
| Cash from Financing Activity + | -92 | 166 | 21 | -64 | -5 | -187 | -163 | -102 | -58 | -48 | -111 | -81 |
| Net Cash Flow | 21 | 25 | 14 | 13 | 44 | -47 | 10 | -17 | 64 | -70 | -39 | 7 |
| Free Cash Flow | 114 | -153 | -12 | 84 | 57 | 143 | 177 | 86 | 116 | -17 | 67 | 64 |
| CFO/OP | 145% | 149% | 133% | 154% | 102% | 100% | 115% | 85% | 117% | 102% | 101% | 88% |
Financials of GTPL Hathway
Ratios
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 134 | 122 | 119 | 109 | 84 | 43 | 57 | 43 | 40 | 50 | 62 | 54 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 134 | 122 | 119 | 109 | 84 | 43 | 57 | 43 | 40 | 50 | 62 | 54 |
| Working Capital Days | -102 | -182 | -187 | -173 | -155 | -102 | -106 | -96 | -127 | -112 | -100 | -84 |
| ROCE % | 12% | 7% | 12% | 15% | 18% | 27% | 31% | 27% | 15% | 12% | 6% | 3% |
Guidance history
How GTPL Hathway's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 10–20% | Up 0–2% | Planned | — | — |
| Q4 FY26 call → | 0–10% | Flat | Planned | — | — |
| Q3 FY26 call → | 10–20% | Flat | Planned | — | — |
| Q2 FY26 call → | 0–10% | Flat | Planned | — | — |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
10 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | −48.8% | 6% |
| Last 6 months | −19.9% | 21% |
| Last 3 months | −9.8% | 45% |
The price is 81.8% below its all-time high of ₹296.75 (8 Oct 2021). Stocks more than 20% below their peak have their score halved, so 20 became 10.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For GTPL Hathway: 0.4 × 6 + 0.4 × 21 + 0.2 × 45 = 20, halved to 10 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 30 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
