GTL Ltd.

•

gtllimited.comBSE: 500160NSE: GTL

Market Cap₹ 114 Cr.

Current Price

High / Low₹ 11 / 5

Stock P/E0.1

Book Value₹ -326

Price to Book-0.02

Dividend Yield0.00 %

ROCE0.0 %

ROE0.0 %

Face Value₹ 10

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ABOUT

KEY POINTS

Revenue Breakup Mar 2016 • Network Engineering: 99.9% • Power Management: 0.1%

AI Sector View

AI GENERATED

Telecommunication

Hold

Telecom operating proxies are steady, with telecom subscriber base up 11.0% YoY (2026-06) and broadband subscriber base also up 11.0% YoY (2026-06). However, persistent FPI outflows of INR -11055 crore over 3 months to 2026-08-31 suggest weak investor appetite. That combination supports a neutral rather than positive stance.

Confidence

58%

View full sector analysis →

PROS

Company is almost debt free
Latest quarter profit grew 1965.2% YoY, showing strong momentum
Operating margins have improved to 25.2% from 4.9%
Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.51x)
Company generates healthy free cash flow

CONS

Net worth is negative - accumulated losses have eroded equity
Company is loss-making at the operating / net level
Company has a low return on capital employed of 0.0%
Company has a low return on equity of 0.0% over last 3 years
A large part of profit comes from other income (25.7% of PBT)
Interest coverage is weak at 1.8x - earnings barely cover interest

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

TelecommunicationTelecomTelecommunication - Service Provider

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name
1.	BHARTIARTL	1832.00	39.54	1143379.47	1.31	10011.60	34.89	58539.10	18.35	25.05	57.07
2.	IDEA	14.96	4.33	162081.18	0.00	-3754.00	43.19	11689.00	6.19	46.77	43.07
3.	INDUSTOWER	387.65	14.30	102268.38	3.61	1745.80	0.52	8431.10	4.64	30.51	53.11
4.	BHARTIHEXA	1543.45	42.31	77172.50	1.17	4824.00	1131.87	25099.00	1009.10	29.30	52.68
5.	TATACOMM	1763.25	53.15	50267.73	0.99	129.72	-31.78	6582.82	10.45	15.75	18.75
6.	RAILTEL	259.85	41.36	8339.58	1.25	38.39	48.51	467.61	24.08	23.03	15.86
7.	TTML	35.59	86.72	6957.59	0.00	-72.15	77.80	301.57	6.09	157.86	53.91
8.	HATHWAY	10.25	23.94	1814.36	0.00	24.56	-20.85	565.10	6.52	2.55	13.43
9.	MTNL	24.71	0.00	1556.73	0.00	-842.36	10.69	216.89	229.92	-6.76	-15.07
10.	GTL	7.25	0.14	114.04	0.00	4520.66	2243.77	497.08	-28.12	0.00	27.04

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	46	47	43	66	63	70	51	70	56	55	55	58	60
	36	41	34	31	34	44	77	35	40	78	47	84	72
Operating Profit	11	5	10	35	30	26	-26	35	16	-23	8	-25	-12
OPM %	22.97%	11.47%	22.30%	52.98%	46.86%	37.04%	-50.62%	49.91%	28.33%	-41.35%	14.96%	-43.69%	-20.75%
	2	69	3	111	1	5	0	2	14	-10	0	610	-334
Interest	7	7	7	8	8	9	9	8	9	8	9	9	9
Depreciation	1	1	1	2	3	3	3	3	2	2	2	2	1
Profit before Tax	5	66	4	136	19	19	-37	26	19	-43	-3	574	322
Tax %	0.00%	0.00%	0.00%	0.00%	32.55%	51.15%	-12.06%	56.98%	17.46%	7.71%	-0.00%	-6.16%	0.00%
Net Profit	5	66	4	136	13	9	-42	11	16	-39	-3	609	322
	0.31	4.19	0.24	8.66	0.82	0.59	-2.66	0.71	0.99	-2.51	-0.17	38.72	20.48

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
	1,242	1,221	995	219	215	221	194	186	202	254	229
	1,293	1,295	1,085	462	434	164	189	205	141	190	281
Operating Profit	-51	-74	-90	-243	-219	57	5	-19	60	64	-53
OPM %	-4.10%	-6.07%	-9.00%	-111.02%	-101.64%	25.88%	2.40%	-10.12%	29.93%	25.17%	-23.00%
	-1,704	34	-2,502	20	12	35	454	106	184	8	267
Interest	560	547	19	17	19	21	23	26	29	34	36
Depreciation	98	47	17	5	5	5	4	4	5	12	7
Profit before Tax	-2,413	-635	-2,628	-245	-231	67	432	57	211	27	850
Tax %	-0.00%	0.84%	0.01%	-0.02%	-0.00%	0.00%	0.00%	0.00%	0.00%	131.07%	-4.54%
Net Profit	-2,413	-630	-2,628	-245	-231	67	432	57	211	-8	889
EPS	0.00	0.00	0.00	0.00	0.00	4.27	27.45	3.63	13.40	-0.53	—
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	—

COMPOUNDED SALES GROWTH

10 Years:: -19%
5 Years:: 3%
3 Years:: 9%

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: —
3 Years:: —

STOCK PRICE CAGR

10 Years:: -5%
5 Years:: -15%
3 Years:: -10%
1 Year:: -21%

RETURN ON EQUITY

10 Years:: 0%
5 Years:: 0%
3 Years:: 0%
Last Year:: 0%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	157	157	157	157	157	157	157	157	157	157
	-3,212	-3,842	-6,469	-6,714	-6,945	-6,878	-6,446	-6,389	-6,179	-6,187
	114	127	141	157	177	5,076	4,600	4,556	4,264	4,117
Trade Payables	124	118	38	58	21	11	11	11	11	11
	6,344	6,759	6,625	6,652	6,854	1,830	1,897	1,923	1,952	2,007
Total Liabilities	3,528	3,320	492	310	265	197	219	258	205	105
	144	96	80	79	79	73	71	51	30	16
	2,231	2,126	340	184	51	51	0	0	0	0
	0	6	0	0	0	0	0	0	0	0
	0	0	0	0	0	0	0	0	21	15
Cash & Bank	80	101	20	8	87	8	11	13	15	11
	1,074	990	52	39	47	65	136	194	139	64
Total Assets	3,528	3,320	492	310	265	197	219	258	205	105

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	114	107	119	92	107	68	21	17	175	198
Cash from Investing	24	7	0	0	0	-1	463	119	180	-7
Cash from Financing	-120	-79	-209	-102	-103	-64	-492	-134	-355	-191
	13	28	-80	-11	-1	-1	-0	3	0	0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025

Shareholding Pattern

Numbers in percentages

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	14.29	14.29	14.29	14.29	14.29	14.29	14.29	14.29	14.29
	0.42	0.20	0.16	0.07	0.00	0.00	0.03	0.01	0.10
	10.26	10.26	10.26	10.26	8.39	8.39	8.39	8.39	8.39
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	75.03	75.25	75.28	75.37	77.32	77.32	77.28	77.31	77.21

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-09-09

Copy of Newspaper Publication

2026-09-09 - GTL Limited has informed the Exchange about Copy of Newspaper Publication regarding 38th Annual General Meeting and remote e-voting facility

2026-09-08

Shareholders meeting

2026-09-08 - GTL Limited has informed the Exchange regarding Notice of 38th Annual General Meeting of the members of the Company to be held on September 30, 2026 and intimation of Remote E-voting facility.

2026-08-25

Change in Director(s)

2026-08-25 - GTL Limited has informed the Exchange regarding Change in Director(s) of the company.

2026-08-12

Copy of Newspaper Publication

2026-08-12 - GTL Limited has informed the Exchange about copy of Newspaper Publication pertaining to the financial results of the Company for the quarter ended June 30, 2026

2026-08-11

Outcome of Board Meeting

2026-08-11 - GTL Limited has submitted to the Exchange, the un-audited financial results for the quarter ended Jun 30, 2026.

2026-07-07

Certificate under SEBI (Depositories and Participants) Regulations, 2018

2026-07-07 - GTL Limited has informed the Exchange about Certificate under Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 for the quarter ended June 30, 2026

2026-06-26

Trading Window

2026-06-26 - GTL Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015

2026-06-03

Reply to Clarification- Financial results

2026-06-03 - The Exchange had sought clarification from GTL Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: The response of the Company is enclosed.

2026-05-25

Clarification - Financial Results

2026-05-25 - The Exchange has sought clarification from GTL Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company is required to clarify the following: The response of the Company is awaited.

News

Recent coverage and analyst commentary for GTL

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GTL Ltd.

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Name

BHARTIARTL

1832.00

39.54

1143379.47

1.31

10011.60

34.89

58539.10

18.35

25.05

57.07

IDEA

14.96

4.33

162081.18

0.00

-3754.00

43.19

11689.00

6.19

46.77

43.07

INDUSTOWER

387.65

14.30

102268.38

3.61

1745.80

0.52

8431.10

4.64

30.51

53.11

BHARTIHEXA

1543.45

42.31

77172.50

1.17

4824.00

1131.87

25099.00

1009.10

29.30

52.68

TATACOMM

1763.25

53.15

50267.73

0.99

129.72

-31.78

6582.82

10.45

15.75

18.75

RAILTEL

259.85

41.36

8339.58

1.25

38.39

48.51

467.61

24.08

23.03

15.86

TTML

35.59

86.72

6957.59

0.00

-72.15

77.80

301.57

6.09

157.86

53.91

HATHWAY

10.25

23.94

1814.36

0.00

24.56

-20.85

565.10

6.52

2.55

13.43

MTNL

24.71

0.00

1556.73

0.00

-842.36

10.69

216.89

229.92

-6.76

-15.07

GTL

7.25

0.14

114.04

0.00

4520.66

2243.77

497.08

-28.12

0.00

27.04

Jun 2023

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

Operating Profit

-26

-23

-25

-12

OPM %

22.97%

11.47%

22.30%

52.98%

46.86%

37.04%

-50.62%

49.91%

28.33%

-41.35%

14.96%

-43.69%

-20.75%

111

-10

610

-334

Interest

Depreciation

Profit before Tax

136

-37

-43

-3

574

322

Tax %

0.00%

32.55%

51.15%

-12.06%

56.98%

17.46%

7.71%

-0.00%

-6.16%

0.00%

Net Profit

136

-42

-39

-3

609

322

0.31

4.19

0.24

8.66

0.82

0.59

-2.66

0.71

0.99

-2.51

-0.17

38.72

20.48

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

TTM

1,242

1,221

995

219

215

221

194

186

202

254

229

1,293

1,295

1,085

462

434

164

189

205

141

190

281

Operating Profit

-51

-74

-90

-243

-219

-19

-53

OPM %

-4.10%

-6.07%

-9.00%

-111.02%

-101.64%

25.88%

2.40%

-10.12%

29.93%

25.17%

-23.00%

-1,704

-2,502

454

106

184

267

Interest

560

547

Depreciation

Profit before Tax

-2,413

-635

-2,628

-245

-231

432

211

850

Tax %

-0.00%

0.84%

0.01%

-0.02%

-0.00%

0.00%

131.07%

-4.54%

Net Profit

-2,413

-630

-2,628

-245

-231

432

211

-8

889

EPS

0.00

4.27

27.45

3.63

13.40

-0.53

—

Dividend Payout %

0.00%

—

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Equity Capital

157

-3,212

-3,842

-6,469

-6,714

-6,945

-6,878

-6,446

-6,389

-6,179

-6,187

114

127

141

157

177

5,076

4,600

4,556

4,264

4,117

Trade Payables

124

118

6,344

6,759

6,625

6,652

6,854

1,830

1,897

1,923

1,952

2,007

Total Liabilities

3,528

3,320

492

310

265

197

219

258

205

105

144

2,231

2,126

340

184

Cash & Bank

101

1,074

990

136

194

139

Total Assets

3,528

3,320

492

310

265

197

219

258

205

105

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

114

107

119

107

175

198

Cash from Investing

-1

463

119

180

-7

Cash from Financing

-120

-79

-209

-102

-103

-64

-492

-134

-355

-191

-80

-11

-1

-0

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

14.29

0.42

0.20

0.16

0.07

0.00

0.03

0.01

0.10

10.26

8.39

Government

0.00

75.03

75.25

75.28

75.37

77.32

77.28

77.31

77.21

GTL Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

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GTL Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI