GTPL Hathway Ltd.
Snapshot View

167.55 +4.75 ▲2.9%

18 May 2022, 04:01:00 PM
Volume: 16,461

Overview View Details

Sector Media & Entertainment Compare with Sector peers
Industry TV Broadcasting & Software Production Compare with Industry peers
Website http://www.gtpl.net
Market Cap 1,874.76 Cr.
Enterprise Value(EV) 1,867.61 Cr. 2022-03
Financial Indicators
Earnings per share (EPS) 17.75 Trailing Twelve Months Ending 2022-03
Price-Earning Ratio (PE) 9.44 Trailing Twelve Months Ending 2022-03
Industry PE 28.46 Trailing Twelve Months Ending 2022-03
Book Value / Share 91.75 Trailing Twelve Months Ending 2022-03
Price to Book Value 1.83 Calculated using Price: 167.55
Dividend Yield 2.40 Period Ending 2022-03
No. of Shares Subscribed 11.25 Cr. 112,463,038 Shares
FaceValue 10
Company Profile

GTPL Hathway was incorporated on August 21, 2006 at Ahmedabad as ‘Gujarat Tele Link Private Limited’, as a private limited company under the Companies Act, 1956. Pursuant to a resolution of the Board of Directors dated April 12, 2013 and a resolution of the shareholders dated April 12, 2013, the name of the Company was changed to ‘GTPL Hathway Private Limited’ and a fresh certificate of incorporation consequent upon change of name was granted by the RoC on May 6, 2013. The Company was converted into a public limited company pursuant to approval of the board at a board meeting held on August 23, 2016 and shareholders at an extraordinary general meeting held on August 26, 2016. Consequently, the name of the Company was changed to ‘GTPL Hathway Limited’ and a fresh certificate of incorporation consequent upon conversion to a public limited company was granted to the Company by the RoC on September 28, 2016.

They are a leading regional MSO in India, offering cable television and broadband services. They are the number 1 MSO in Gujarat with a market share of 67% of cable television subscribers in 2015, accounting for approximately 3.7 million of 5.6 million cable television households in Gujarat. They are the number 2 MSO in Kolkata and Howrah in West Bengal with a market share of 24% of cable television subscribers in this market in 2015, accounting for approximately 0.7 million of 3.0 million cable television households in Kolkata and Howrah.

Business area of the Company

GTPL's source of revenue for cable services is subscription income received from subscribers and carriage and placement revenues received from broadcasters for carrying their channels and placing their channels on their preferred channel number or position. They also have the right to place the 'Gujarat News' channel on their network, which is produced by their Group Company, Gujarat Television Private Limited. GTPL produce its own content and also offer third-party content on its local channels to ensure that it has a suitable mix of content that appeals to a range of demographics.

Major events and milestones:

  • 2006: The Company was incorporated as Gujarat Tele Link Private Limited.
  • 2007: Hathway acquired 50% share capital in the Company.
  • 2007: Received category B ISP license.
  • 2007: Installed digital head-end in Ahmedabad.
  • 2008: Commenced broadband services.
  • 2011:  Ventured into state of Assam through memorandum of understanding with V&S Cable Private Limited.
  • 2011: Ventured into state of West Bengal through acquisition of Kolkata Cable & Broad Band Pariseva Limited.
  • 2011: Installed digital head-end in Kolkata • Installed new digital head-end at Ahmedabad.
  • 2013: Ventured in Patna through memorandum of understanding with Darsh Communication Private Limited.
  • 2013: Ventured into state of Andhra Pradesh through memorandum of understanding with Vaji Communications.
  • 2013: Digitalization of phase I & II completed.
  • 2014: Commenced package based billing.
  • 2015: Received category A ISP license.
  • 2015: Installed digital head-end in Dibrugarh.

Awards and Accreditations:

  • 2015: 6th BCS Ratna Award for ‘Emerging Independence MSO-West’.
  • 2016: 7th BCS Ratna Award for ‘Fastest Emerging Regional MSO Nationally’.
  • 2016: Award for outstanding contribution to industry by Society for Digital Cable and Broadband Professionals.
  • 2017: Dena Bank Hercules Award on ‘An innovative approach brings highest market share with ethernet network in Gujarat, Rajasthan and Kolkata’.
  • 2017: 8th BCS Ratna Award presented for ‘Emerging Regional MSO in Broadband Sector’.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+2.92%
1 Week
+1.18%
1 Month
-14.67%
3 Month
-20.02%
6 Month
-36.83%
1 Year
+21.46%
2 Year
+284.29%
5 Year
10 Year
9 years 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03 2022-03
Return on Equity (%) 8.59 6.25 1.02 7.86 11.17 3.77 12.64 26.29 22.92
Return on Capital Employed (%) 14.43 11.46 7.41 12.28 14.82 9.49 20.72 31.47 27.87
Return on Assets (%) 2.66 1.87 0.27 1.83 3.32 1.32 4.38 9.70 9.59

Balance Sheet View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr.
Shh. Funds 255 318 333 338 387 658 665 728 880 1,032
Non Curr. Liab. 207 252 200 364 392 237 211 84 22 64
Curr. Liab. 294 445 534 695 869 919 1,025 1,223 1,303 1,102
Minority Int. 37 43 48 42 28 30 36 46 73 94
Equity & Liab. 793 1,058 1,115 1,439 1,677 1,843 1,936 2,081 2,277 2,292
Non Curr. Assets 543 748 766 1,025 1,165 1,307 1,301 1,438 1,544 1,682
Curr. Assets 251 310 349 414 512 536 636 643 733 610
Misc. Exp. not W/O
Total Assets 793 1,058 1,115 1,439 1,677 1,843 1,936 2,081 2,277 2,292

Profit Loss View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr.
Net Sales 453 577 623 736 908 1,091 1,246 2,384 2,467 2,414
Other Income 2 2 9 8 34 22 43 41 63 43
Total Income 455 579 632 744 942 1,113 1,289 2,425 2,530 2,457
Total Expenditure -345 -419 -471 -583 -696 -796 -928 -1,923 -1,958 -1,887
PBIDT 110 161 161 162 246 318 362 502 572 570
Interest -21 -43 -44 -47 -64 -42 -51 -45 -23 -14
Depreciation -29 -72 -84 -107 -139 -171 -202 -232 -260 -253
Taxation -19 -22 -13 -4 -15 -41 -18 -70 -78 -71
Exceptional Items -4 -65 -68 -12
PAT 42 25 20 3 29 58 25 88 211 219
Minority Interest -4 -1 -4 4 14 5 -6 -10 -22 -19
Share Associate 0 0 0 0 -2 -2 0 0 -1 -1
Other Related Items
Consolidated Net Profit 38 24 17 8 40 61 19 78 188 200
Adjusted EPS 226 120 84 1 4 5 2 7 17 18

Cash Flow View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr.
Cash Fr. Operatn. 99 218 209 225 266 412 284 394 551 402
Cash Fr. Inv. -223 -263 -96 -366 -272 -334 -235 -258 -378 -318
Cash Fr. Finan. 141 40 -92 166 21 -64 -5 -187 -163 -107
Net Change 16 -5 21 25 14 13 44 -51 10 -23
Cash & Cash Eqvt 46 40 61 86 66 79 124 77 87 63

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 75.00 75.00 75.00 75.00 75.00 75.00 75.00 75.00 75.00
Public 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 4.01 0.67 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Wed, 18 May 2022
Reg. 34 (1) Annual Report.
This is to inform that the Sixteenth Annual General Meeting (AGM) of the Members of the Company will be held on Friday June 10 2022 at 12:30 p.m. IST through Video Conferencing (VC)/Other Audio Visual Means (OAVM) in accordance with the applicable circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India.Kindly find enclosed herewith the Annual Report of the Company for the financial year 2021-22 including Notice convening AGM (Notice) which has been sent to the members today i.e. May 18 2022 through electronic mode. The Annual Report including Notice is also uploaded on the Companys website and can be accessed athttps://www.gtpl.net/uploads/annual_report/file/Annual%20Report%20FY%202021-22.pdfThis is for your information and records.
Mon, 16 May 2022
Announcement under Regulation 30 (LODR)-Newspaper Publication
We enclose herewith copies of the addendum to the public notice for sending Notice of the Sixteenth Annual General Meeting and the Annual Report for the Financial Year 2021-22 only through electronic mode to the members pursuant to relaxation provided by Securities and Exchange Board of India vide Circular No. SEBI/HO/CFD/CMD2/CIR/P/2022/62 dated May 13 2022 published on May 16 2022 in the following newspapers:Financial Express all India Editions in English language; andFinancial Express Ahmedabad Edition in Gujarati language.This is for your information and records.
Tue, 10 May 2022
Announcement under Regulation 30 (LODR)-Newspaper Publication
We enclose herewith copies of the public notice of the Annual General Meeting Book Closure and other related information published on May 10 2022 in the following newspapers:Financial Express all India Editions in English language; andFinancial Express Ahmedabad Edition in Gujarati language.This is for your information and records.

Technical Scans View Details

Wed, 18 May 2022
High Delivery Percentage High Delivery Percentage
Higher Delivery Quantity Higher Delivery Quantity
Higher Delivery Quantity and Percentage Higher Delivery Quantity and Percentage
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity

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