Any current/future new fundraising through debt or equity?

There is no direct mention of any current or future fundraising through equity or debt in the provided transcript. No specific plans for raising capital via debt or equity are discussed by management. Focus appears to be on organic growth, acquisitions, and capex funded through internal resources. Capex guidance for FY24 is approx. Rs. 450 crores, allocated between broadband and cable network expansion, with no indication of external fundraising. Management indicates efforts toward cost control and operational efficiencies rather than reliance on fundraising. Any future fundraising plans, if a

Any current/future capex/capital investment/strategic investment?

Full-year capex guidance is Rs.450 crores, split as Rs.250 crores for broadband and Rs.200 crores for cable side. (Page 6) Q1 FY24 capex was Rs.99 crores: Rs.50 crores for broadband and Rs.49 crores for CATV. (Page 6) Capital expenditure primarily focused on infrastructure upgradation including set-top box procurement for cable TV and FTTH deployment for broadband. (Page 8) Emphasis on fiberization to enhance broadband services, targeting fiber-to-the-home (FTTH) for new customers, replacing traditional cable systems. (Pages 6, 14) Around Rs.50-60 crores currently spent on maintenance capex, e

Future growth expectations in sales/revenue/volumes?

The company expects continued growth in broadband and cable TV subscriber bases, with a target to increase cable TV active subscribers by about 1 million annually (Y-o-Y growth reflected by a 650K increase last year). Broadband subscriber additions were 115K in Q1 FY24, a 14% Y-o-Y growth, with ARPU rising by Rs.10 to Rs.460 and increasing average data consumption by 19%. Revenue growth is anticipated from both organic expansion and acquisitions; about 50% of subscriber growth is expected organically and 50% through consolidations of smaller MSOs and LCOs. Full realization of revenue eff

Future growth expectations in earnings/operating earnings/profits/EPS?

GTPL Hathway aims for operating income of around Rs. 600 crores in FY24, with quarterly progress on track and full impact of NTO 3.0 revenue realization expected by Q2 FY24. Revenue growth driven by both organic subscriber additions and acquisitions; target split of 50% organic growth and 50% via consolidation of smaller MSOs and LCOs. Broadband segment showing 13% YoY growth with a subscriber base expansion expected to reach around 1 million annually. EBITDA margin for Q1 FY24 stood at 16.1%, with expectations to improve as operating expenses stabilize and efficiencies improve. Capex mainly d

GTPL HathwayQ1 FY24

GTPL Hathway Q1 FY24 Earnings Call Analysis

Revenue, margin, capex, fundraise and order book outlook from management commentary.

Price: ₹54.01Market Cap: ₹607 Cr

Management growth scorecard

Revenue

Category 3

Margin

Category 3

Fundraise

N/A

Order

N/A

Capex

Yes

1 of 3 growth signals are positive — mixed outlook.

Full analysis

Revenue guidance

Category 3

The company expects continued growth in broadband and cable TV subscriber bases, with a target to increase cable TV active subscribers by about 1 million annually (Y-o-Y growth reflected by a 650K increase last year).
Broadband subscriber additions were 115K in Q1 FY24, a 14% Y-o-Y growth, with ARPU rising by Rs.10 to Rs.460 and increasing average data consumption by 19%.
Revenue growth is anticipated from both organic expansion and acquisitions; about 50% of subscriber growth is expected organically and 50% through consolidations of smaller MSOs and LCOs.
Full realization of revenue effects from NTO 3.0 implementation is expected in upcoming quarters, supporting revenue escalation.
Infrastructure investments, especially in fiberization and new technologies like FTTH, aim to capture untapped rural markets with low broadband penetration, driving future volume and revenue growth.
Overall consolidated revenue grew 21% Y-o-Y in Q1 FY24, with management confident about meeting growth targets for the year.

Margin guidance

Category 3

GTPL Hathway aims for operating income of around Rs. 600 crores in FY24, with quarterly progress on track and full impact of NTO 3.0 revenue realization expected by Q2 FY24.
Revenue growth driven by both organic subscriber additions and acquisitions; target split of 50% organic growth and 50% via consolidation of smaller MSOs and LCOs.
Broadband segment showing 13% YoY growth with a subscriber base expansion expected to reach around 1 million annually.
EBITDA margin for Q1 FY24 stood at 16.1%, with expectations to improve as operating expenses stabilize and efficiencies improve.
Capex mainly directed towards network expansion (new geographies) with maintenance capex at Rs. 50-60 crores; cable laying is about 5-7% of capex.
Management is positive on margin expansion by controlling operating admin and selling expenses, targeting margin improvement despite expansion investments.

See what GTPL Hathway management said on margin guidance — free account, 30 seconds.

Fundraise plans

There is no direct mention of any current or future fundraising through equity or debt in the provided transcript.
No specific plans for raising capital via debt or equity are discussed by management.
Focus appears to be on organic growth, acquisitions, and capex funded through internal resources.
Capex guidance for FY24 is approx. Rs. 450 crores, allocated between broadband and cable network expansion, with no indication of external fundraising.
Management indicates efforts toward cost control and operational efficiencies rather than reliance on fundraising.
Any future fundraising plans, if any, are not explicitly addressed in the transcript on page 15 or surrounding pages.

Order book

The transcript provided from GTPL Hathway Limited's Q1 FY '24 Results Conference Call does not specifically mention any details regarding the current or expected order book or pending orders. There is no direct information or data about order backlogs or pending contracts in the sections available. The focus is mostly on financial performance, subscriber base, acquisitions, litigation matters, technology, capex plans, and business outlook. If you need detailed insights about GTPL Hathway’s order book or pending orders, it might be necessary to refer to other company disclosures, investor presentations, or quarterly reports that explicitly cover order book status.

See what GTPL Hathway management said on order book — free account, 30 seconds.

Capex plans

Yes

Full-year capex guidance is Rs.450 crores, split as Rs.250 crores for broadband and Rs.200 crores for cable side. (Page 6)
Q1 FY24 capex was Rs.99 crores: Rs.50 crores for broadband and Rs.49 crores for CATV. (Page 6)
Capital expenditure primarily focused on infrastructure upgradation including set-top box procurement for cable TV and FTTH deployment for broadband. (Page 8)
Emphasis on fiberization to enhance broadband services, targeting fiber-to-the-home (FTTH) for new customers, replacing traditional cable systems. (Pages 6, 14)
Around Rs.50-60 crores currently spent on maintenance capex, expected to reduce over time as assets are recovered. (Page 11)
Only 5-7% of capex spent on laying new cables; cable replacements mostly charged to opex. (Page 11)
Company is strategically acquiring smaller MSOs and LCOs, aiming for 50% subscriber growth from acquisitions and 50% organically. (Page 8)
Focus on technology upgrades to compete with 5G rollout and other broadband technologies. (Pages 11, 14)

Track GTPL Hathway — get its next earnings analysis in your feed

How does GTPL Hathway rank vs peers in ?

Pro feature

ThisGTPL Hathway

Rev 3Mar 3

See where GTPL Hathway sits in See which companies these are, and every other name in the sector.Open rankings

What GTPL Hathway's management said in earlier quarters

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

GTPL Hathway Q1 FY24 Earnings Call Analysis

Revenue guidance

Fundraise plans

Capex plans

Continue your research

What GTPL Hathway's management said in earlier quarters