Operates in the telecom infrastructure segment, providing passive infrastructure services such as tower sites and related shared facilities to telecom operators in India. In FY26, revenue from operations was ₹1,37,197 lakhs, up roughly 2% from ₹1,34,407 lakhs in FY25. The reported net profit of ₹77,926 lakhs — a turnaround from a loss of ₹87,515 lakhs in FY25 — was driven almost entirely by exceptional items of ₹1,19,823 lakhs, comprising ₹93,496 lakhs from One Time Settlements with lenders and ₹26,327 lakhs from reversal of vendor dispute provisions; before these one-time items the company still posted a loss of ₹41,697 lakhs for the year. The cost stack is dominated by other operating expenses at 69% of revenue and depreciation at 17.3%, with employee cost at 6.6% and no material input cost line, consistent with an asset-rental model. Finance costs were ₹56,321 lakhs in FY26 (down from ₹92,851 lakhs as the company stopped accruing interest on settled borrowings), and the company continues to carry negative equity, with the auditor flagging material uncertainty around the going-concern assumption pending resolution of remaining lender settlements. Recent activity has centred on debt restructuring and a CBI FIR quashed by the Bombay High Court, rather than on operational expansion. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Telecom infrastructure services. Asset-heavy, debt-laden telecom infrastructure with negative equity and going-concern uncertainty.
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 1,463 | 1,458 | 1,372 | 1,344 | 1,372 |
| EBITDA (ex other income) | (252) | (559) | 350 | 276 | 1,532 |
| margin % | (17.2) | (38.3) | 25.5 | 20.5 | 111.7 |
| Owners' profit | (1,475) | (1,817) | (681) | (875) | 779 |
| EPS, as reported (₹) | (1.14) | (1.41) | (0.52) | (0.67) | 0.60 |
| ROE % · ROCE % | 53.7 · 35.5 | 40.0 · 26.2 | 13.4 · (2.7) | 14.7 · (1.0) | (14.9) · (403.0) |
| Debt / equity (x) | (1.47) | (0.81) | (0.66) | (0.54) | (1.04) |
| Cash from operations | 503 | 497 | 194 | 635 | 535 |
| Capex | (88) | (66) | (34) | (51) | (62) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 336 | 338 | 337 | 335 | 691 | 351 | 330 | 327 |
| Profit before tax | (214) | (210) | (249) | (232) | (426) | 20 | 1,186 | 69 |
| Net profit | (214) | (210) | (249) | (232) | (426) | 20 | 1,186 | 69 |
| EPS (₹) | (0.16) | (0.16) | (0.19) | (0.18) | (0.33) | 0.01 | 0.91 | 0.05 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| INDUS TOWERS LIMITED | 1,02,358 | 14.3 | 2.58 | 5.5 | 18.0 | 15.4 | 18.4 | 56.1 |
| HFCL LIMITED | 35,985 | 61.2 | 7.27 | 45.5 | 6.7 | 7.8 | 2.3 | 23.3 |
| PACE DIGITEK LIMITED | 3,418 | 10.1 | 1.52 | 8.2 | 13.6 | 14.5 | — | 20.6 |
| Bondada Engineering Limited | 3,149 | 12.3 | 4.30 | 9.7 | 28.8 | 37.2 | — |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 9 Sept 2026 · GTL Infra publishes notice for 23rd AGM and e-voting details | compliance | minimal | — | — |
| 8 Sept 2026 · GTL Infra 23rd AGM on Sept 30; e-voting Sept 26 to 29 | board shareholder meetings | low | — | — |
| 7 Aug 2026 · GTL Infra swings to Q1 FY27 profit of Rs 69.39 cr vs loss YoY | compliance | minimal | — | — |
| 6 Aug 2026 · New Whole-time Director appointed; KMPs authorized for materiality | management changes | medium | — | — |
| 6 Aug 2026 · GTL Infra pays minor fine for one-day delay in filing report | regulatory legal | low | — | — |
| 6 Aug 2026 · GTL Infra appoints Whole-time Director and Non-Executive Director | management changes | medium | — | — |
| 6 Aug 2026 · GTL Infra Q1FY27 swings to Rs 6.94 cr profit vs Rs 23.24 cr loss YoY | results | high | — | — |
| 30 Jul 2026 · Board Meeting on Aug 6, 2026 to approve Q1 FY27 results | results | low | — | — |
| 29 Jul 2026 · GTL Infra allots shares on FCCB conversion worth US$46,000 | fund raising | medium | — | — |
| 7 Jul 2026 · RTA compliance certificate under SEBI Regulation 74(5) for Q1 FY27 | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| 12.3 |
| GTL INFRA.LTD ◆ | 1,486 | 1.8 | — | — | (14.9) | (233.9) | — | 45.2 |
| SUYOG TELEMATICS LIMITED | 767 | 12.6 | 1.57 | 5.2 | 12.9 | 10.2 | — | 62.4 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 1.8 | 12.6 | 3 of 17 | 88% |
| ROCE | (233.9) | 10.1 | 20 of 20 | 0% |
| ROE | (14.9) | 9.1 | 18 of 19 | 6% |
| Debt / Equity | (1.0) | 0.0 | 4 of 19 | 83% |
| EBITDA margin | 45.2 | 23.3 | 8 of 19 | 61% |
| Revenue growth | (2.2) | 6.1 | 14 of 20 | 32% |
| Profit growth | 129.9 | 45.9 | 6 of 18 | 71% |
| Market cap | 1486 | 3129 | 13 of 20 | 37% |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.