MarketFriction

GTL Ltd

NSE GTL · BSE 500160 · Other Telecom Services
₹6.82 -0.87%
NSE close2026-10-01
52 week range4.91 - 9.78
Market cap₹105 Cr.
Price band 20% Delivery 70.1%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales474366637051705655555860
Expenses413431344477354078478462
Operating Profit510353026-263516-238-25-2
OPM %11%22%53%47%37%-51%50%28%-41%15%-44%-3.2%
Other Income693111150214-100610335
Interest778899898999
Depreciation112333322221
Profit before tax6641361919-372619-43-3574322
Tax %0%0%0%33%51%12%57%17%-8%0%-6%0%
Net Profit664136139-421116-39-3609322
EPS in Rs4.190.248.660.820.59-2.660.710.99-2.51-0.1738.7220.48
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,2401,221995219215221194186202254224229
Expenses1,0521,2951,085462434163187205141189246271
Operating Profit188-74-90-243-219587-196064-22-42
OPM %15%-6%-9%-111%-102%26%3.5%-10%30%25%-10%-18%
Other Income-1,94434-2,5022012354521061848613936
Interest56054719171921232629343636
Depreciation9847175554451277
Profit before tax-2,413-635-2,628-245-231674325721127547850
Tax %-2%-1%-0%0%0%0%0%0%0%131%-6%
Net Profit-2,374-630-2,628-245-2316743257211-8583889
EPS in Rs-150.91-40.04-167.05-15.56-14.664.2727.463.6413.40-0.5337.0356.52
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-16%0%6%-7%
Compounded Profit Growth7%%11%-183%
Stock Price CAGR-10%-15%-7%-27%
Return on Equity%%%%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital157157157157157157157157157157157157
Reserves-781-3,212-3,842-6,469-6,714-6,945-6,878-6,446-6,389-6,179-6,187-5,603
Borrowings2,9761141271411571746,5626,0936,0675,7845,6394,890
Other Liabilities3,6486,4686,8776,6636,7106,878356414423443496689
Total Liabilities6,0003,5283,320492310265197219258205105132
Fixed Assets24014099837979767451301616
CWIP100000000000
Investments3,6162,2342,123337184515100000
Other Assets2,1441,1531,09772471357014420717590116
Total Assets6,0003,5283,320492310265197219258205105132
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity32410810112891102632918175198166
Cash from Investing Activity17247000-1463119180-7-2
Cash from Financing Activity-413-120-79-209-102-103-64-492-134-355-191-161
Net Cash Flow-711328-80-11-1-1-03003
Free Cash Flow30410798126911026227136354186161
CFO/OP-65%61%-145%-133%-38%-49%117%313%-88%281%315%-778%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days6041300000376539210
Inventory Days1500000
Days Payable838
Cash Conversion Cycle-76341300000376539210
Working Capital Days-920-1,752-1,920-2,424-11,116-11,570-11,003-11,613-11,857-10,450-8,224-8,376
ROCE %-10%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters14.29%14.29%14.29%14.29%14.29%14.29%14.29%14.29%14.29%14.29%14.29%14.29%
FIIs0.38%0.38%0.43%0.42%0.20%0.16%0.07%0.00%0.00%0.03%0.01%0.10%
DIIs11.29%10.26%10.26%10.26%10.26%10.26%10.26%8.39%8.39%8.39%8.39%8.39%
Public74.02%75.06%75.01%75.03%75.24%75.27%75.36%77.31%77.32%77.27%77.32%77.20%
No. of Shareholders1,27,9611,29,2311,42,1561,39,0351,53,1541,65,5411,68,0891,69,0091,66,5831,63,9161,62,7461,62,145

Fundamentals

Market Cap₹ 105 Cr.
Current Price₹ 6.72
Book Value₹ -346
ROCE%
ROE%
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-7%
Compounded Profit Growth (TTM)-183%
Standalone figures.
Valuation
Market capRs 107 Cr
Enterprise valueRs 4,978 Cr
P/E (TTM)0.12x
Price to book-0.02x
Price to sales0.47x
EV / EBITDA5.57x
EV / EBIT5.61x
EV / sales21.77x
Price to cash flow0.65x
Earnings yield828.82%
P/E, 3-year average0.42x
P/B, 3-year average-0.02x
P/E, 5-year average0.64x
P/B, 5-year average-0.02x
Profitability
Operating margin (excl. other income)-9.86%
Operating margin (incl. other income)263.24%
EBITDA margin390.74%
Pre-tax margin371.93%
Net profit margin388.83%
Net margin, latest quarter536.79%
ROE-10.15%
ROA490.31%
ROE, 3-year average-4.48%
ROA, 3-year average191.97%
ROE, 5-year average-4.20%
ROA, 5-year average161.51%
Tax rate-6.46%
Other income / net worth-11.25%
Growth
Sales growth (latest year)-11.62%
Sales CAGR, 3 years6.37%
Sales CAGR, 5 years0.31%
Profit CAGR, 3 years116.75%
Profit CAGR, 5 years54.01%
Sales growth QoQ3.04%
Profit growth QoQ-47.10%
Sales growth YoY (latest quarter)7.70%
Profit growth YoY (latest quarter)1965.26%
Per share
EPS (TTM)Rs 56.53
EPS (latest year)Rs 37.03
EPS (latest quarter)Rs 20.48
EPS, 3-year averageRs 16.63
EPS, 5-year averageRs 16.20
Book value per shareRs -346.23
Sales per shareRs 14.54
Cash flow per shareRs 10.56
Free cash flow per shareRs 10.24
Efficiency
Asset turnover1.70x
Fixed asset turnover13.76x
Creditor days838 days
Cash conversion cycle0 days
Working capital days-8376 days
Leverage
Total debtRs 4,890 Cr
Cash and bankRs 19 Cr
Net debtRs 4,871 Cr
Debt to equity-0.90x
Net debt / EBITDA5.45x
Interest coverage24.44x
Owners' fund to total sources-4114.57%
Debt to assets3694.26%
Cash flow
Cash from Operating Activity (latest year)Rs 166 Cr
Cash from Investing Activity (latest year)Rs -2 Cr
Cash from Financing Activity (latest year)Rs -161 Cr
Net Cash Flow (latest year)Rs 3 Cr
Free cash flow (latest year)Rs 161 Cr
FCFE (approx.: FCF + change in debt)Rs -588 Cr
Cash from ops / profit, 5 years0.46x
Sales to cash flow1.35x
Statement figures
Net sales (TTM)Rs 229 Cr
Net sales (latest year)Rs 224 Cr
Sales (latest quarter)Rs 60 Cr
Operating profit excl. other income (latest year)Rs -22 Cr
Operating profit (latest quarter)Rs -2 Cr
Other income (TTM)Rs 936 Cr
EBITDA (TTM)Rs 894 Cr
PBDT (TTM)Rs 857 Cr
Profit before tax (TTM)Rs 850 Cr
Tax (latest year)Rs -35 Cr
Net profit (TTM)Rs 889 Cr
Net profit (latest year)Rs 583 Cr
Net profit (latest quarter)Rs 322 Cr
Depreciation (TTM)Rs 7 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 36 Cr
Cost of goods sold (latest year)Rs 19 Cr
Total expenditure (latest year)Rs 246 Cr
Total income (latest year)Rs 837 Cr
Share capitalRs 157 Cr
ReservesRs -5,603 Cr
Shareholders' fundsRs -5,446 Cr
Total assetsRs 132 Cr
Net blockRs 16 Cr
Other liabilitiesRs 689 Cr
Shares outstanding (crore)15.73
Ownership
Promoter holding14.29% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 0.1 is the lowest in its own 4.4-year history (median 1.1, low 0.1, high 6.1).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodGTLNifty 50Difference
1 week-2.4%-2.8% +0.3 pts
1 month-3.5%-6.8% +3.3 pts
3 months-12.1%-7.6% -4.5 pts
6 months+34.5%+0.4% +34.1 pts
1 year-27.1%-9.9% -17.1 pts
2 years-47.4%-13.6% -33.8 pts
3 years-21.2%+14.2% -35.3 pts
5 years-54.4%+27.9% -82.3 pts

Red flags

F-score 5 of 8
seriousNegative equity Shareholders' equity is negative
explainHigh accruals Profit exceeded operating cash by 315% of total assets in 2026
lookProfit leans on other income Other income was 112% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹60 Cr +7.1% vs Jun 2025. Net profit ₹322 Cr +1912.5%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2015-09-21 Annual General Meeting
2014-09-10Annual General Meeting
2013-09-13Annual General Meeting
2012-09-07Annual General Meeting
2011-10-07Annual General Meeting (Purpose Revised)
2010-07-09Dividend-Rs.3/- Per Share
2009-07-03Dividend-Rs.3/- Per Share
2008-05-30Dividend - 30%
2007-06-11Agm/Div -Rs.2.50/- Per Sh
2006-09-26Agm/Div-Fn 20% + Spl-180%
2006-07-07Scheme Of Demerger
DateTypeWhat it says
2026-10-01Shareholder meetingVoting results of the 38th Annual General Meeting held on September 30, 2026 along with a copy of Scrutinizers Report
2026-09-30Shareholder meetingProceedings of the 38th Annual General Meeting of the Company held on September 30, 2026.
2026-09-15UpdatesIntimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( Lis...
2026-09-08Shareholder meetingNotice 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.
2026-08-25Director changeChange in Director(s) of the company.
2026-08-11Board meeting outcomeGTL Limited has submitted to the Exchange, the un-audited financial results for the quarter ended Jun 30, 2026.
2026-06-03Reply to Clarification- FinaThe Exchange had sought clarification from GTL Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (Listing Obligation...
2026-05-25Clarification - Financial ReThe Exchange has sought clarification from GTL Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (Listing Obligation...
2026-05-19Disclosure under SEBI TakeovGlobal Holding Corporation Pvt Ltd has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of I...
2026-05-14Board meeting outcomeGTL Limited has submitted to the Exchange, the financial results for the quarter and year ended March 31, 2026.
2026-04-13Disclosure under SEBI TakeovGlobal Holding Corporation Pvt Ltd has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) and 31(5) of the Securities and Exchange ...
2026-03-02General UpdatesDisclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Intimation of Judgement of Honble Bom...
2026-02-12UpdatesDisclosure under Regulation 30(5) of SEBI (Listing Obligations and Disclosure Requirements ) Regulations, 2015.
2026-02-12Change in Company Secretary/Change in Company Secretary/Compliance Officer
2026-02-12Board meeting outcomeGTL Limited has submitted to the Exchange, the Un-audited financial results for the quarter and period ended December 31, 2025.
2025-11-13Board meeting outcomeGTL Limited has submitted to the Exchange, the un-audited financial results for the quarter and period ended September 30, 2025.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of GTL Ltd?

GTL Ltd (GTL) has a market capitalisation of Rs 105 Cr. at the 2026-10-01 close.

What were GTL Ltd's latest quarterly results?

In the Jun 2026 quarter, GTL Ltd sales was Rs 60 Cr (+7.1% vs Jun 2025) and net profit was Rs 322 Cr.

What is the 52-week high and low of GTL Ltd?

The 52-week high is Rs 9.78 and the 52-week low is Rs 4.91.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03