MarketFriction

GTPL Hathway Ltd

NSE GTPL · BSE 540602 · TV Broadcasting & Software Production
₹55.39 +0.97%
NSE close2026-10-01
52 week range50.85 - 118.25
Market cap₹607 Cr.
P/E76.0
IPO 2017 · -67% since Price band 20% Delivery 66.9%

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

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales779.20850.88807.98843.37855.56887.27890.99903.70959.05932.62923.841,015.41
Expenses655.05730.17695.37730.37748.19781.89785.65796.84854.80819.25843.41910.75
Operating Profit124.15120.71112.61113.00107.37105.38105.34106.86104.25113.3780.43104.66
OPM %15.93%14.19%13.94%13.40%12.55%11.88%11.82%11.82%10.87%12.16%8.71%10.31%
Other Income10.7810.146.867.217.129.317.835.426.135.8010.254.49
Interest4.986.487.306.616.038.658.368.648.7210.1111.099.53
Depreciation82.0490.8890.4091.8990.4892.7593.6691.4190.8893.82100.0296.74
Profit before tax47.9133.4921.7721.7117.9813.2911.1512.2310.7815.24-20.432.88
Tax %25.11%26.34%26.32%30.95%23.64%27.46%2.78%40.07%31.35%24.15%-31.82%52.43%
Net Profit35.8724.6716.0514.9913.749.6310.837.327.4011.56-13.931.37
EPS in Rs3.042.111.171.271.140.900.950.940.820.98-1.340.21
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales7369081,0911,2462,3842,4672,4142,6643,2123,4773,7193,831
Expenses5836977979051,9211,9471,8812,1982,7353,0453,3113,428
Operating Profit154211294340464520533466477432408403
OPM %21%23%27%27%19%21%22%18%15%12%11%11%
Other Income83317-44-3051243234302427
Interest476442514523141023303939
Depreciation107139171202232260253319337369376381
Profit before tax841984315828829016915164188
Tax %54%36%42%43%44%27%25%26%26%23%31%
Net Profit42656258821021912511249126
EPS in Rs0.754.105.431.686.9116.7317.7510.139.514.261.400.67
Dividend Payout %7%24%18%60%43%24%23%39%42%47%143%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth18%9%12%8%
Compounded Profit Growth9%-39%-49%-82%
Stock Price CAGR%-27%-32%-50%
Return on Equity11%9%5%1%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital29898112112112112112112112112112
Reserves3312822895455526167689199911,0471,0511,034
Borrowings240466546328345223165130149288313502
Other Liabilities5426287769161,0041,1941,2731,1411,4201,5711,7591,592
Total Liabilities1,1151,4741,7091,9022,0142,1452,3182,3032,6723,0193,2363,240
Fixed Assets6969041,0541,2101,2141,3251,3931,5071,7682,0292,0582,221
CWIP11616038323271921138811866
Investments1519101415141099111211
Other Assets3934915856397547738446947828911,048942
Total Assets1,1151,4741,7091,9022,0142,1452,3182,3032,6723,0193,2363,240
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity209225266412284394548396583455452360
Cash from Investing Activity-96-366-272-334-235-254-375-311-461-477-376-273
Cash from Financing Activity-9216621-64-5-187-163-102-58-48-115-81
Net Cash Flow2125141344-4710-1764-70-397
Free Cash Flow114-153-12845714317786116-176764
CFO/OP145%149%133%154%102%100%115%85%117%102%101%87%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1341221191098443574340506254
Inventory Days
Days Payable
Cash Conversion Cycle1341221191098443574340506254
Working Capital Days-102-182-187-173-155-102-106-96-127-112-100-84
ROCE %12%7%12%15%18%27%31%27%15%12%6%3%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%
FIIs8.67%8.66%8.66%8.64%8.64%8.61%8.39%8.40%8.41%8.35%7.37%7.18%
DIIs0.03%0.03%0.03%0.02%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public16.31%16.31%16.32%16.34%16.36%16.39%16.61%16.60%16.59%16.66%17.62%17.81%
No. of Shareholders26,83227,67027,65128,14628,47928,27628,96829,42728,60027,99028,50128,322

Fundamentals

Market Cap₹ 607 Cr.
Current Price₹ 54.1
Stock P/E76.0
Book Value₹ 102
ROCE3.47 %
ROE1.44 %
Dividend Yield3.70 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)8%
Compounded Profit Growth (TTM)-82%
Consolidated figures.
Valuation
Market capRs 623 Cr
Enterprise valueRs 1,058 Cr
P/E (TTM)82.84x
Price to book0.54x
Price to sales0.16x
EV / EBITDA2.46x
EV / EBIT22.07x
EV / sales0.28x
Price to cash flow1.73x
Earnings yield1.21%
Dividend yield3.61%
P/E, 3-year average27.68x
P/B, 3-year average1.07x
P/E, 5-year average20.49x
P/B, 5-year average1.22x
Profitability
Operating margin (excl. other income)10.97%
Operating margin (incl. other income)11.63%
EBITDA margin11.21%
Pre-tax margin0.22%
Net profit margin0.20%
Net margin, latest quarter0.23%
ROE1.36%
ROCE3.61%
ROA0.49%
ROE, 3-year average4.98%
ROCE, 3-year average7.63%
ROA, 3-year average1.93%
ROE, 5-year average9.30%
ROCE, 5-year average13.07%
ROA, 5-year average3.80%
ROIC (approx.)2.10%
Tax rate30.64%
Other income / net worth2.13%
Growth
Sales growth (latest year)6.96%
Profit growth (latest year)-67.09%
Sales CAGR, 3 years11.77%
Sales CAGR, 5 years8.56%
Profit CAGR, 3 years-48.28%
Profit CAGR, 5 years-39.10%
Sales growth QoQ9.91%
Sales growth YoY (latest quarter)12.36%
Profit growth YoY (latest quarter)-78.03%
Per share
EPS (TTM)Rs 0.67
EPS (latest year)Rs 1.40
EPS (latest quarter)Rs 0.21
EPS, 3-year averageRs 5.06
EPS, 5-year averageRs 8.61
Book value per shareRs 101.93
Sales per shareRs 340.64
Cash flow per shareRs 32.02
Free cash flow per shareRs 5.69
Dividend per share (latest year)Rs 2.00
Dividend per share, 3-year averageRs 2.67
Dividend per share, 5-year averageRs 3.20
Dividends
Dividend payout142.70%
Dividend payout, 3-year average77.23%
Dividend payout, 5-year average58.74%
Efficiency
Asset turnover1.15x
Fixed asset turnover1.67x
Inventory turnover99.52x
Inventory days4 days
Debtor days54 days
Debtors turnover6.82x
Cash conversion cycle54 days
Working capital days-84 days
Leverage
Total debtRs 502 Cr
Cash and bankRs 67 Cr
Net debtRs 435 Cr
Debt to equity0.44x
Net debt / EBITDA1.01x
Interest coverage1.21x
Current ratio (filing 2026-03-31)0.50x
Quick ratio (filing 2026-03-31)0.48x
Trade payables (filing 2026-03-31)Rs 799 Cr
Owners' fund to total sources35.38%
Debt to assets15.49%
Cash flow
Cash from Operating Activity (latest year)Rs 360 Cr
Cash from Investing Activity (latest year)Rs -273 Cr
Cash from Financing Activity (latest year)Rs -81 Cr
Net Cash Flow (latest year)Rs 7 Cr
Free cash flow (latest year)Rs 64 Cr
FCFE (approx.: FCF + change in debt)Rs 254 Cr
Cash from ops / profit, 5 years4.34x
Sales to cash flow10.33x
Statement figures
Net sales (TTM)Rs 3,831 Cr
Net sales (latest year)Rs 3,719 Cr
Sales (latest quarter)Rs 1,015 Cr
Operating profit excl. other income (latest year)Rs 408 Cr
Operating profit (latest quarter)Rs 105 Cr
Other income (TTM)Rs 27 Cr
EBITDA (TTM)Rs 429 Cr
PBDT (TTM)Rs 390 Cr
Profit before tax (TTM)Rs 8 Cr
Tax (latest year)Rs 5 Cr
Net profit (TTM)Rs 8 Cr
Net profit (latest year)Rs 16 Cr
Net profit (latest quarter)Rs 2 Cr
Depreciation (TTM)Rs 381 Cr
Depreciation (latest quarter)Rs 97 Cr
Interest (TTM)Rs 39 Cr
Cost of goods sold (latest year)Rs 2,809 Cr
Total expenditure (latest year)Rs 3,311 Cr
Total income (latest year)Rs 3,744 Cr
Share capitalRs 112 Cr
ReservesRs 1,034 Cr
Shareholders' fundsRs 1,146 Cr
Total assetsRs 3,240 Cr
Net blockRs 2,221 Cr
Capital work in progressRs 66 Cr
InvestmentsRs 11 Cr
ReceivablesRs 545 Cr
InventoryRs 28 Cr
Other liabilitiesRs 1,592 Cr
Shares outstanding (crore)11.25
Ownership
Promoter holding75.00% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 82.8 is at the 98th percentile of its own 9.3-year range (median 17.4, low 5.5, high 86.3).
P/B 0.54 is the lowest in 9.3 years (median 1.48).
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.
PeriodGTPLNifty 50Difference
1 week+0.6%-2.8% +3.4 pts
1 month-3.1%-6.8% +3.7 pts
3 months-9.4%-7.6% -1.8 pts
6 months-1.4%+0.4% -1.8 pts
1 year-51.1%-9.9% -41.1 pts
2 years-66.5%-13.6% -53.0 pts
3 years-67.5%+14.2% -81.6 pts
5 years-81.1%+27.9% -109.0 pts

Red flags

F-score 5 of 8
explainDebt up, profit down Borrowings up 61% while net profit fell in 2026
explainLow interest cover Interest cover 1.5x in 2026
lookProfit leans on other income Other income was 137% of pre-tax profit in 2026
lookRegulator order or action Regulator order or action 2026-03-26: GTPL Hathway Limited has informed the Exchange about Action(s) taken or orders passed
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 ₹1,015 Cr +12.4% vs Jun 2025. Net profit ₹1 Cr -81.3%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-21Dividend - Rs 2 Per Share
2025-09-19Dividend - Rs 2 Per Share
2024-09-20Dividend - Rs 4 Per Share
2023-09-22Dividend - Rs 4 Per Share
2022-06-01Annual General Meeting/Dividend - Rs 4 Per Share
2021-08-17 Annual General Meeting/Dividend - Rs 4 Per Share
2020-08-19 Annual General Meeting/Dividend - Rs 3 Per Share
2019-08-21 Annual General Meeting/Dividend - Re 1 Per Share
2018-09-17 Annual General Meeting/Dividend- Re 1 Per Share
2017-09-14 Annual General Meeting/Dividend - Re 1/- Per Share
DateTypeWhat it says
2026-10-01General UpdatesContact details of Key Managerial Personnel of the Company authorised under Regulation 30(5) of the Securities and Exchange Board of India (Listing Ob...
2026-09-29Shareholder meetingVoting Results along with Scrutinizers Report for the 20th (Twentieth) Annual General Meeting - Correction of date of covering letter
2026-09-28Shareholder meetingVoting results.
2026-09-28Shareholder meetingProceedings of Annual General Meeting held on September 28, 2026
2026-09-18ResignationResignation of Director/KMP/SMP
2026-09-18ResignationResignation of Director/KMP/SMP
2026-09-18AppointmentAppointment of Mr. Ashwinkumar Patel as Company Secretary & Compliance Officer of the company w.e.f. September 19, 2026.
2026-09-18AppointmentAppointment of Mr. Gurjeev Singh Kapoor as Non- Executive Non-Independent Director of the company w.e.f. October 01, 2026.
2026-09-18ResignationResignation of Mr Tanvinderjit Singh Panesar as Non- Executive Non-Independent Director of the company w.e.f. September 18, 2026.
2026-09-18AppointmentAppointment of Mr. Piyush Pankanj as Chief Financial Officer of the company w.e.f. October 01, 2026.
2026-09-15General UpdatesUpdate on acquisition of Cable Television Business of various companies belonging to ACT Group.
2026-09-03Shareholder meetingNotice of Annual General Meeting to be held on September 28, 2026
2026-08-25ResignationResignation of Director/KMP/SMP
2026-08-25ResignationResignation 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, 202...
2026-08-25Record DateRecord date for the purpose of Dividend is 21-Sep-2026.
2026-08-25General UpdatesThe 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).
2026-07-21Concall / analyst meetTranscript
2026-07-16Concall / analyst meetLink of Recording
2026-07-15Change in ManagementMr. Saurav Banerjee, Chief Financial Officer (Key Managerial Personnel) of the Company, will be demitting his office with effect from the close of bus...
2026-07-15Press ReleaseA press release dated July 15, 2026, titled "Q1 FY27: Total Revenue crossed 1K Crore & EBITDA jumps 20% Q-o-Q".
2026-07-15Investor PresentationInvestor Presentation
2026-07-15Board meeting outcomeGTPL Hathway Limited has submitted to the Exchange, the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026.
2026-07-09Concall / analyst meetSchedule of meet
2026-07-01Disclosure under SEBI TakeovJio Content Distribution Holdings Private Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exch...
2026-06-30Disclosure under SEBI TakeovReliance Industrial Investments and Holdings Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and E...
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.
Scrip PE is greater than 50 (4 trailing quarters)

Quick answers

What is the market cap of GTPL Hathway Ltd?

GTPL Hathway Ltd (GTPL) has a market capitalisation of Rs 607 Cr. at the 2026-10-01 close.

What is the P/E ratio of GTPL Hathway Ltd?

GTPL Hathway Ltd trades at a P/E of 76.0 on trailing twelve-month profit, at the 2026-10-01 close.

What were GTPL Hathway Ltd's latest quarterly results?

In the Jun 2026 quarter, GTPL Hathway Ltd sales was Rs 1,015 Cr (+12.4% vs Jun 2025) and net profit was Rs 1 Cr.

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

The 52-week high is Rs 118.25 and the 52-week low is Rs 50.85.

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