GTPL Hathway

Quick check

The five things to look at first. Open one for more.

• DebtHigh safetyRated AA- by India Ratings.
• ResultsLoss-makingLost ₹3.55 Cr in the Sep 2026 quarter, after a profit a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 75% of the company, about the same as in Jun 2025.
• ValuationExpensive vs its pastThe share trades at 78.1 times its yearly earnings (P/E), pricier than 96% of the time in the last 5 years. Its usual P/E is about 15.

GTPL Hathway against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)78.1 against a typical 24.2: pricier than most peers (1st = cheapest).16th of 19
• Sales growth+19.2% against a typical +0.9% from a year earlier.4th of 20
• Profit growth−148% against a typical −44.4% from a year earlier.7th of 9
• Share price, 3 months−9.6% against a typical −12.3%.8th of 19
• Size₹ 580.8 Cr. market value against a typical ₹ 42.7 Cr. (1st = largest).5th of 17

Exchange filings and their impact on the company.

• 19 Oct 2026Analysts/Institutional Investor Meet/Con. Call UpdatesMedium impactPositivePrice −0.6% on 21 Oct
  Strong subscriber-led revenue growth with margin recovery expected as ACT and HITS synergies flow through.

  GTPL Hathway's Q2 FY27 call reported total income of Rs 1,146.4 crore, up 19% year-on-year, with digital TV subscribers at 11 million including 6 lakh from the ACT cable deal bought for Rs 35.55 crore, and broadband at 1.07 million with ARPU of Rs 470. EBITDA was Rs 110.3 crore with operational margin at 20% versus 22% last year, and a small loss due to Rs 7.5 crore forex and transponder costs. Management expects double-digit subscription growth, full ACT integration and HITS conversion by January, and a 150-250 basis point margin improvement to drive better revenue and profits in coming quarters.

  Full analysisFiling
• 13 Oct 2026Outcome of Board MeetingLow impactPositivePrice −3.8% on 14 Oct
  GTPL to pay Rs 8.3 cr to fully own cable arm DL GTPL; no new sales, tiny earnings lift.

  GTPL Hathway's board on Oct 13, 2026 approved unaudited Q2 and H1 FY27 results and approved buying the balance 74% stake (88,800 shares at Rs 937.50 each) in subsidiary DL GTPL Cabnet for Rs 8.33 crore in cash. DL GTPL distributes cable TV channels and had turnover of Rs 63.71 crore in FY25-26, down from Rs 69.97 crore and Rs 70.59 crore in prior years. Post-deal by Oct 31, 2026, DL GTPL will become a wholly-owned subsidiary with no regulatory approvals needed.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Saurav Banerjee

Chief Financial Officer

Shweta Sultania

Compliance Officer, Company Secretary

Aniruddhasinhji Jadeja

Managing Director, Executive Director

Amit Shah

Whole-Time Director