GTPL Hathway Ltd
NSE:GTPL
GTPL Hathway Ltd
GTPL Hathway Ltd. engages in the cable television and broadband services. The company is headquartered in Ahmedabad, Gujarat and currently employs 729 full-time employees. The company went IPO on 2017-07-04. The firm is engaged in cable television (TV) distribution and high-speed broadband service distribution. The firm provides channels across various genres. The company also provides broadband services. The company operates approximately more than 720 channels; 88 high definition (HD) channels and 48 owned and operated channel by the Company. The firm is focused on its two core business activities : Cable Television business and Internet Service business. The company also implemented the Gigabit Passive Optical Network (GPON) and Fibre to the Home (FTTH) technology which enables to deliver connectivity and high-speed data. Its HD cable TV packages include Royal HD; Its other packages include Royal, Power+, Power Lite, Power, and others. Its GTPL application is available on Google Play and App Store.
GTPL Hathway Ltd. engages in the cable television and broadband services. The company is headquartered in Ahmedabad, Gujarat and currently employs 729 full-time employees. The company went IPO on 2017-07-04. The firm is engaged in cable television (TV) distribution and high-speed broadband service distribution. The firm provides channels across various genres. The company also provides broadband services. The company operates approximately more than 720 channels; 88 high definition (HD) channels and 48 owned and operated channel by the Company. The firm is focused on its two core business activities : Cable Television business and Internet Service business. The company also implemented the Gigabit Passive Optical Network (GPON) and Fibre to the Home (FTTH) technology which enables to deliver connectivity and high-speed data. Its HD cable TV packages include Royal HD; Its other packages include Royal, Power+, Power Lite, Power, and others. Its GTPL application is available on Google Play and App Store.
Revenue Growth: GTPL Hathway’s consolidated revenue grew by 5% year-on-year to INR 9,382 million in Q3 FY '26.
Profitability: Net profit increased by 19% quarter-on-quarter and 9% year-on-year to INR 111 million.
GTPL Infinity Launch: The company launched GTPL Infinity, a Headend in the Sky (HITS) platform, to expand pan-India reach with lower delivery costs and faster deployment.
Subscriber Base: Digital cable TV subscribers stood at 9.40 million and broadband subscribers at 1.06 million, with broadband ARPU at INR 465.
Margins: EBITDA margin at 12.7% consolidated and 9.6% standalone; operating EBITDA margin at 23.9%.
Industry Consolidation: Management sees large M&A opportunities from industry consolidation and is actively exploring inorganic growth.
Cost Impact: One-time employee cost of INR 22 million due to new wage code and INR 55 million impact from HITS platform amortization this quarter.
Outlook: Management targets returning to 11–12% revenue and subscriber CAGR, and expects cost savings and revenue growth from GTPL Infinity in coming quarters.
