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Open57
High59.51
Low57
Prev. Close59.06
Avg. Traded Price58.71
Volume75,441

MARKET DEPTH

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HIGH/LOW

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57.009 hours ago
59.519 hours ago
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LOWER/UPPER CIRCUITS

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Gtpl Hathway Ltd Stock performance
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KEY OBSERVATIONS

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neutral
noteAnnual Revenue,rose 8.05%, in the last year to ₹3,507.23 Cr. Its sector's average revenue growth for the last fiscal year was -4.21%.
notePrice to Earning Ratio,is 15.26, lower than its sector PE ratio of 20.19.
noteQuarterly Revenue,rose 5.11% YoY to ₹938.16 Cr. Its sector's average revenue growth YoY for the quarter was -0.19%.
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LONG-TERM PRICE ANALYSIS

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Stock return5Y CAGR : 19.18%
Net profit growth 5Y CAGR : 35.07%

About GTPL Hathway Limited

GTPL Hathway Limited (GTPL) is India’s largest Multiple System Operator (MSO), providing Digital Cable Television and high-speed broadband services across the country. Incorporated in 2006 in Ahmedabad as Gujarat Tele Link Private Limited, the Company has grown from a regional cable service provider into a nationwide digital connectivity leader, with one of the strongest distribution networks in the Indian telecom and media industry.

 

A key milestone came in 2017, when GTPL became a publicly listed company on the BSE and NSE, marking a new era of transparency, financial discipline, and scalable growth.

Today, GTPL serves more than 12 million households across 26 states and 1,500+ towns, making it the:

  • No. 1 MSO in India
  • No. 1 MSO and broadband provider in Gujarat
  • No. 2 MSO in West Bengal

GTPL’s diversified portfolio includes:

  • Digital Cable Television:
    Distribution of 975+ channels (including 97+ HD channels) through a “mother” headend in Gujarat and a major headend in Kolkata.
  • Broadband Services (GTPL FIBER):
    High-speed “Truly Unlimited” FTTH broadband plans (typically 60–200 Mbps) for households and enterprises, backed by over 1,00,000 km of owned fibre and 48,000 km of leased fibre.
  • In-house Content & Platform Services:
    Management of 130+ owned and operated channels across genres and regional languages, enabling GTPL to operate as both service provider and content creator.

The Company operates through a large ecosystem of 48,000+ last-mile operators, 200+ broadcasters, and 1,750+ enterprise clients, and partners with global technology leaders such as Harmonic, Cisco, Nokia, NAGRA, and Verimatrix to deliver high-quality digital and broadband experiences.

 

As of March 31, 2025, GTPL had 47 subsidiaries (including step-down subsidiaries), along with multiple joint ventures and an associate company—illustrating its extensive and scalable operational platform.

 

Corporate Milestones and Achievements

  • 2017: Successful IPO and public listing on BSE and NSE.
  • 2019–2021: Deployed GPON-based FTTH broadband and transitioned to a prepaid model for broadband customers.
  • 2022: Introduced GTPL Genie, an integrated hybrid platform combining live TV and OTT streaming.
  • 2023–2024: Executed BharatNet Phase II in Gujarat’s Saurashtra region (Rs 1,246 crore) under the Digital India Mission.
  • 2025: Launched GIVA, a multilingual AI-powered chatbot, to improve customer experience and collection efficiency.

Business Segments

(The Annual Report does not disclose percentage contribution by segment or domestic vs international revenue; hence, this section is intentionally omitted.)

 

GTPL Hathway Limited Key Management

  • Ajay Singh – Chairman
  • Anirudhsinh Jadeja – Managing Director
  • Amit Shah – Whole-Time Director
  • Saurav Banerjee – Chief Financial Officer
  • Shweta Sultania – Company Secretary & Compliance Officer

Latest Updates on GTPL Hathway Limited

  • Network and Subscriber Base:
    As of March 31, 2025, GTPL reported 9.60 million active Digital Cable TV set-top boxes and 1.045 million broadband subscribers, with a total home-pass of 5.95 million and an ISP ARPU of Rs 465.
  • Geographic Scale:
    The Company reaffirmed its presence across 26 states and 1,500+ towns, maintaining its leadership as the No. 1 MSO in India, No. 1 in Gujarat, and No. 2 in West Bengal.
  • Broadband Footprint Expansion:
    The GTPL FIBER brand operates in seven states — Gujarat, Rajasthan, Uttar Pradesh, Bihar, Maharashtra, Telangana, and Andhra Pradesh.
    During FY 2024–25, the Company added 25,000 new active broadband subscribers and created 1,50,000 new home-passes.
  • Product and Platform Innovations:
    • Launched Samsung TVKey Cloud in collaboration with Samsung and NAGRA, simplifying access to home entertainment with a single remote and no additional hardware.
    • The GTPL Buzz app surpassed 1 million downloads, driven by interactive features, OTT integration, and gaming.
    • GIVA, the multilingual AI chatbot, now supports 9 regional languages, enhancing real-time customer engagement.
  • Corporate Actions:
    • GTPL Sorath Telelink Private Limited became a wholly owned subsidiary effective July 1, 2024.
    • GTPL Bansidhar Telelink Private Limited ceased to be a subsidiary on December 13, 2024.
    • Several joint ventures, including Yak Network, were dissolved during the year.

Projects and Contracts:
The Group recognised revenue under an expressway optical fibre EPC sub-contract after achieving 24.18% completion during FY 2024–25; project execution and operations & maintenance continue as per contractual milestones.

 

Note: All data and information are sourced exclusively from GTPL Hathway Limited’s Annual Report for FY 2024–25, including the Directors’ Report, Management Discussion & Analysis, Notes to Financial Statements, and Statutory Disclosures.

 

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Frequently Asked Questions

GTPL is India’s largest MSO, providing Digital Cable TV and high-speed broadband services. It distributes over 975 channels (including 97 HD) and delivers “Truly Unlimited” FTTH broadband through GTPL FIBER. It also operates in-house content channels across multiple genres.

The Company operates in 26 states and over 1,500 towns, connecting 12+ million households through a vast network of 48,000+ local cable operators, 200+ broadcasters, and 1,750+ enterprise clients.

As of March 31, 2025, GTPL had 47 subsidiaries within its consolidated structure. It recorded 9.60 million active Digital Cable TV subscribers and 1.045 million broadband users, with 5.95 million total home-passes.