GTPL Hathway Ltd.
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ABOUT
KEY POINTS
Revenue Breakup Mar 2025 • Cable Operation: 81.9% • Internet: 15.7% • EPC Project: 2.4%
AI Sector View
AI GENERATEDMedia Entertainment & Publication
This sector uses indirect proxies rather than direct ad-spend data. Urban CMIE sentiment at 109.5 (2026-07), disposable personal income of INR 353131560 million (Dec/25), and consumer spending of INR 44743 billion (Jun/26) are supportive, but formal consumer confidence weakened to 88.3 (Jul/26). FPI flow is mildly negative at INR -558 crore over 3 months to 2026-08-31, so the stance remains neutral and confidence is capped.
PROS
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 4.08x)
- Company has been maintaining a healthy dividend payout of 47.1%
- Company has a consistent dividend-paying track record
- Company generates healthy free cash flow
- Offers a healthy dividend yield of 3.3%
- Company maintains a comfortable, low leverage position
CONS
- Recent results are weak - TTM profit is down 92.5% versus prior year
- A large part of profit comes from other income (45.7% of PBT)
- Company has a low return on equity of 7.4% over last 3 years
- Company has a low return on capital employed of 10.2%
- Operating margins have contracted to 10.8% from 21.5%
- Company has delivered a poor sales growth of 3.6% over past five years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| SUNTV | 475.45 | 12.25 | 18736.75 | 2.63 | 619.07 | 16.98 | 1457.88 | 12.99 | 16.08 | 50.64 |
| ZEEL | 79.43 | 37.09 | 7629.41 | 2.52 | 74.30 | -48.30 | 1907.30 | 4.52 | 2.70 | 5.22 |
| NETWORK18 | 26.65 | 0.00 | 4109.43 | 0.00 | -38.36 | -102.58 | 516.26 | 10.34 | 4.63 | 8.76 |
| DEN | 27.00 | 8.69 | 1288.50 | 0.00 | 34.59 | -35.52 | 242.77 | 0.62 | 5.67 | 4.74 |
| NDTV | 71.96 | 0.00 | 811.89 | 0.00 | -818.80 | -1064.56 | 1172.30 | 988.99 | -91.45 | -58.02 |
| GTPL | 59.88 | 89.59 | 673.43 | 3.34 | 1.38 | -81.20 | 1015.41 | 12.36 | 6.75 | 10.31 |
| TVTODAY | 110.10 | 38.28 | 656.95 | 0.00 | 10.26 | 39.59 | 206.22 | 4.58 | 3.58 | 7.66 |
| ZEEMEDIA | 7.45 | 33.15 | 488.29 | 0.00 | -12.12 | -37.57 | 190.85 | 4.66 | -35.79 | 8.52 |
| ENIL | 102.10 | 0.00 | 486.71 | 1.96 | -6.01 | -14.22 | 113.68 | -1.26 | -2.19 | 7.94 |
| DISHTV | 2.52 | 0.00 | 464.00 | 0.00 | -2863.00 | -2928.67 | 2658.30 | 707.11 | 0.00 | -40.89 |
| NDLVENTURE | 125.35 | 557.56 | 422.07 | 0.40 | -46.36 | -69.15 | 245.22 | -9.40 | 1.69 | 12.47 |
| RADIOCITY | 6.13 | 4.52 | 211.91 | 0.00 | 0.00 | — | 44.14 | — | -8.67 | 9.64 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 506 | 501 | 512 | 509 | 536 | 539 | 556 | 562 | 595 | 636 | 610 | 610 | 688 | |
| 442 | 436 | 446 | 449 | 474 | 480 | 500 | 503 | 540 | 581 | 556 | 559 | 690 | |
| Operating Profit | 64 | 66 | 66 | 60 | 62 | 59 | 56 | 59 | 55 | 55 | 54 | 51 | -3 |
| OPM % | 12.71% | 13.14% | 12.82% | 11.87% | 11.52% | 10.93% | 10.14% | 10.53% | 9.23% | 8.63% | 8.85% | 8.43% | -0.40% |
| 5 | 11 | 10 | 0 | 7 | 6 | 9 | 3 | 4 | 4 | 5 | 2 | 5 | |
| Interest | 4 | 4 | 4 | 4 | 5 | 4 | 7 | 7 | 7 | 7 | 9 | 10 | 8 |
| Depreciation | 35 | 40 | 45 | 42 | 44 | 42 | 45 | 45 | 44 | 45 | 48 | 52 | 53 |
| Profit before Tax | 31 | 33 | 26 | 14 | 20 | 19 | 14 | 11 | 8 | 7 | 1 | -8 | 3 |
| Tax % | 26.57% | 26.42% | 26.17% | 29.43% | 26.26% | 25.97% | 25.14% | 28.00% | 27.45% | 28.08% | 26.23% | 25.16% | 27.13% |
| Net Profit | 23 | 24 | 19 | 10 | 15 | 14 | 11 | 8 | 6 | 5 | 1 | -6 | 2 |
| 2.03 | 2.16 | 1.70 | 0.88 | 1.34 | 1.24 | 0.95 | 0.72 | 0.50 | 0.47 | 0.08 | -0.52 | 0.18 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 491 | 613 | 739 | 819 | 1,836 | 1,756 | 1,531 | 1,695 | 2,029 | 2,193 | 2,544 | |
| 373 | 433 | 521 | 595 | 1,515 | 1,449 | 1,239 | 1,449 | 1,772 | 1,957 | 2,386 | |
| Operating Profit | 117 | 180 | 218 | 224 | 322 | 307 | 293 | 246 | 256 | 236 | 158 |
| OPM % | 23.94% | 29.37% | 29.48% | 27.34% | 17.52% | 17.49% | 19.12% | 14.52% | 12.63% | 10.77% | 6.19% |
| 6 | 25 | 13 | -31 | -69 | 49 | 36 | 14 | 26 | 26 | 17 | |
| Interest | 38 | 56 | 31 | 39 | 35 | 17 | 10 | 8 | 16 | 22 | 35 |
| Depreciation | 68 | 93 | 109 | 125 | 145 | 156 | 138 | 159 | 163 | 175 | 198 |
| Profit before Tax | 16 | 56 | 89 | 28 | 73 | 183 | 181 | 93 | 104 | 65 | 3 |
| Tax % | 9.14% | 28.65% | 33.98% | 49.23% | 64.31% | 27.45% | 24.00% | 22.80% | 26.81% | 26.24% | 33.39% |
| Net Profit | 15 | 40 | 59 | 14 | 26 | 133 | 137 | 72 | 76 | 48 | 2 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 11.79 | 12.20 | 6.38 | 6.78 | 4.25 | — |
| Dividend Payout % | 132.12% | 24.53% | 19.04% | 77.75% | 129.54% | 33.93% | 32.79% | 62.72% | 59.00% | 47.05% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- 17%
- 5 Years:
- 4%
- 3 Years:
- 13%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 11%
- 5 Years:
- 13%
- 3 Years:
- -30%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- -24%
- 3 Years:
- -30%
- 1 Year:
- -48%
RETURN ON EQUITY
- 10 Years:
- 9%
- 5 Years:
- 12%
- 3 Years:
- 7%
- Last Year:
- 5%
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 | 98 | 98 | 112 | 112 | 112 | 112 | 112 | 112 | 112 | 112 |
| 254 | 293 | 550 | 551 | 541 | 640 | 733 | 761 | 792 | 794 | |
| 414 | 554 | 348 | 291 | 154 | 133 | 110 | 111 | 141 | 159 | |
| Trade Payables | 82 | 73 | 149 | 232 | 476 | 563 | 313 | 458 | 482 | 621 |
| 322 | 246 | 188 | 238 | 211 | 119 | 238 | 301 | 389 | 388 | |
| Total Liabilities | 1,170 | 1,265 | 1,347 | 1,425 | 1,495 | 1,568 | 1,506 | 1,744 | 1,916 | 2,075 |
| 552 | 614 | 629 | 584 | 647 | 644 | 653 | 793 | 859 | 897 | |
| Capital Work in Progress | 2 | 7 | 5 | 1 | 4 | 2 | 10 | 7 | 16 | 60 |
| 138 | 155 | 196 | 208 | 181 | 165 | 202 | 200 | 240 | 391 | |
| 0 | 0 | 0 | 25 | 23 | 14 | 13 | 22 | 23 | 25 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 337 | 393 | |
| Cash & Bank | 66 | 85 | 109 | 117 | 52 | 87 | 68 | 123 | 65 | 33 |
| 412 | 404 | 409 | 490 | 588 | 654 | 560 | 599 | 377 | 276 | |
| Total Assets | 1,170 | 1,265 | 1,347 | 1,425 | 1,495 | 1,568 | 1,506 | 1,744 | 1,916 | 2,075 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 81 | 140 | 295 | 228 | 305 | 315 | 181 | 334 | 195 | 277 | |
| Cash from Investing | -200 | -197 | -224 | -126 | -167 | -136 | -87 | -210 | -231 | -223 |
| Cash from Financing | 160 | 55 | -22 | -8 | -151 | -113 | -67 | -55 | -32 | -89 |
| 14 | -23 | 19 | 44 | -64 | 28 | -14 | 60 | -68 | -35 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-09-04 - GTPL Hathway Limited has informed the Exchange about Copy of Newspaper Publication - Twentieth Annual General Meeting and Information on E-voting and other related information
2026-09-03 - GTPL Hathway Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 28, 2026
2026-08-26 - GTPL Hathway Limited has informed the Exchange about Newspaper advertisement - "Twentieth Annual General Meeting" of the Members of the Company, "Record Date for Dividend" and other related information.
2026-08-25 - GTPL Hathway Limited has informed the Exchange about Resignation of Director/KMP/SMP
2026-08-25 - GTPL Hathway Limited has informed the Exchange regarding resignation of Ms. Shweta Sultania as the Company Secretary and Compliance Officer of the Company w.e.f. the close of business hours on August 31, 2026.
2026-08-25 - GTPL Hathway Limited has informed the Exchange that Record date for the purpose of Dividend is 21-Sep-2026.
2026-08-25 - GTPL Hathway Limited has informed the Exchange regarding 'The Twentieth Annual General Meeting ("AGM") of the Members of the Company will be held on Monday, September 28, 2026, at 12:30 p.m. (IST)'.
2026-07-21 - GTPL Hathway Limited has informed the Exchange about Transcript
2026-07-16 - GTPL Hathway Limited has informed the Exchange about Link of Recording
News
Recent coverage and analyst commentary for GTPL
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GTPL Hathway Ltd.
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