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Earnings Call

GTPL Hathway Earnings Call: Key Takeaways

GTPL reported Q1 FY27 consolidated revenue of ₹10,199 Mn, up 12% Y-o-Y. The company is pivoting towards a nationwide HITS platform and inorganic expansion through ACT Digital TV acquisition.

Highlights
Revenue growth12% Y-o-Y consolidated revenue increase.
MarginsConsolidated EBITDA margin compressed to 10.7% from 12.4% Y-o-Y.
Demand visibilityStrong, targeting 200Mn TV and 150Mn broadband households.
Management confidenceHigh, focused on pan-India HITS and broadband scalability.

Growth

Consolidated revenue grew 12% Y-o-Y and 9% Q-o-Q; however, EBITDA declined 3% Y-o-Y to ₹1,092 Mn.

Outlook

Acquisition of ACT Group's Digital TV business for ₹36.23 Cr by Sept 2026; scaling GTPL Infinity HITS platform.

Risks

Rising pay channel costs (up 19% Y-o-Y) and competitive intensity in the broadband ARPU landscape.

Last quarter's promises, checked

Delivered

  • Guided M&A announcements in Q1 → Delivered ACT Digital TV acquisition (= BEAT)
  • Guided broadband ARPU growth → Delivered ₹470 vs ₹465 (= BEAT)
  • Guided resumption of subscriber growth → Delivered 10k broadband/6L cable additions (= BEAT)

Partly delivered

  • Guided scaling HITS platform → Delivered GTPL Infinity launch but margins compressed (= PARTIAL)

Missed

  • Guided 15% ROCE target → Delivered single-digit ROCE (= MISS)
  • Guided operating margin stability → Delivered 10.7% vs 18% Q-o-Q (= MISS)
Source

Earnings Call filed with BSE, NSE: GTPL. Summary written with AI assistance from the document.

Read the document ↗

GTPL Hathway Ltd: key numbers

Share price
₹56.57
Market cap
₹636.2 Cr
Revenue (annual)
₹3,719 Cr
Net profit (annual)
₹15.76 Cr
P/E (TTM)
84.6×Sector 27.7×
Promoter holding
75.00%+0.00% QoQ
FII holding
7.18%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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