GTPLNSEGTPL Hathway LimitedMediumNeutral
Announced Tue, 22 Apr · 18:44 IST

GTPL Hathway Limited has informed the Exchange about Transcript

Order Pipeline DisclosedMgmt Guided Margin ImprovementInvestor Communications View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

GTPL Hathway filed the transcript of its Q4 FY25 earnings call held on April 17, 2025. FY25 consolidated revenue grew 8% year-on-year to INR35,072 million, with operating EBITDA margin steady at 22% (INR4,163 million) and net profit at INR479 million. Cable TV digital subscribers stood at 9.60 million and broadband active subscribers at 1.045 million, with broadband ARPU at INR465. The Board recommended a dividend of INR2 per share (20% of face value). The company secured a 10-year HITS license and emerged L1 in the BharatNet project (Haryana and North-East) with consortium partner LC Infra, expecting the APO in 30-45 days. Capex for FY25 was around INR355 crores (INR230 cr CATV, INR125 cr broadband). Management targets a return to 18% revenue CAGR and 9% EBITDA CAGR, with operational EBITDA margin improving back to 24-25%.

Likely market impact

Stable operational performance and the dividend are positives for shareholders, but subscription income dipped in FY25 due to industry-wide churn and higher broadcaster costs, which is a near-term margin headwind. The BharatNet project win and HITS license add meaningful new revenue optionality going forward.