GTL Infrastructure Ltd
Incorporated in 2004, GTL Infrastructure
Ltd provides passive telecom infrastructure sharing and energy management solutions[1]
- Market Cap ₹ 1,371 Cr.
- Current Price ₹ 1.07
- High / Low ₹ 1.67 / 0.96
- Stock P/E 17.9
- Book Value ₹ -3.81
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -0.54% over past five years.
- Promoter holding is low: 3.28%
- Contingent liabilities of Rs.1,347 Cr.
- Earnings include an other income of Rs.1,492 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Telecommunication Telecommunication Telecom - Services Telecom - Infrastructure
Part of BSE Telecommunication
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 600 | 913 | 2,283 | 2,333 | 1,500 | 1,417 | 1,410 | 1,463 | 1,458 | 1,372 | 1,344 | 1,372 | 1,341 | |
| Sales growth | -8% | +52% | +150% | +2% | -36% | -6% | -1% | +4% | -0% | -6% | -2% | +2% | -2% |
| 398 | 709 | 1,280 | 1,599 | 1,313 | 1,145 | 983 | 1,029 | 1,097 | 1,006 | 1,061 | 1,029 | 976 | |
| Operating Profit | 202 | 204 | 1,003 | 735 | 187 | 272 | 427 | 434 | 361 | 366 | 283 | 342 | 365 |
| OPM % | 34% | 22% | 44% | 31% | 12% | 19% | 30% | 30% | 25% | 27% | 21% | 25% | 27% |
| -68 | -89 | -635 | -1,258 | -570 | -839 | -488 | -671 | -893 | 35 | 14 | 1,237 | 1,492 | |
| Interest | 393 | 469 | 1,024 | 570 | 533 | 662 | 663 | 734 | 782 | 805 | 929 | 563 | 95 |
| Depreciation | 256 | 252 | 743 | 800 | 624 | 634 | 547 | 503 | 504 | 278 | 244 | 237 | 224 |
| Profit before tax | -515 | -605 | -1,399 | -1,893 | -1,539 | -1,864 | -1,271 | -1,475 | -1,817 | -681 | -875 | 779 | 1,537 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
| -515 | -605 | -1,399 | -1,893 | -1,539 | -1,864 | -1,271 | -1,475 | -1,817 | -681 | -875 | 779 | 1,537 | |
| EPS in Rs | -2.21 | -2.59 | -5.69 | -1.56 | -1.25 | -1.51 | -1.02 | -1.17 | -1.43 | -0.53 | -0.68 | 0.61 | 1.21 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | -1% |
| 3 Years: | -2% |
| TTM: | -2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 8% |
| 3 Years: | 15% |
| TTM: | 109% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -11% |
| 5 Years: | -7% |
| 3 Years: | -2% |
| 1 Year: | -24% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2,325 | 2,336 | 2,460 | 12,125 | 12,319 | 12,319 | 12,497 | 12,623 | 12,671 | 12,807 | 12,809 | 12,809 | 12,809 |
| Reserves | -1,879 | -2,146 | -2,750 | -8,915 | -10,649 | -12,512 | -13,784 | -15,369 | -17,212 | -17,894 | -18,770 | -18,024 | -17,692 |
| 4,955 | 4,935 | 10,102 | 4,956 | 4,913 | 5,629 | 5,085 | 4,872 | 4,281 | 3,901 | 3,715 | 5,898 | 5,620 | |
| 506 | 485 | 1,064 | 586 | 983 | 1,995 | 2,649 | 3,428 | 4,531 | 5,392 | 6,363 | 2,442 | 2,279 | |
| Total Liabilities | 5,907 | 5,611 | 10,876 | 8,752 | 7,566 | 7,430 | 6,447 | 5,555 | 4,271 | 4,206 | 4,117 | 3,125 | 3,016 |
| 3,402 | 3,261 | 9,924 | 7,945 | 6,795 | 6,466 | 5,515 | 4,556 | 3,220 | 3,007 | 2,845 | 2,668 | 2,603 | |
| CWIP | 54 | 46 | 84 | 42 | 36 | 31 | 28 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1,884 | 1,907 | 60 | 140 | 11 | 60 | 63 | 65 | 69 | 74 | 26 | 0 | 0 |
| 567 | 398 | 809 | 625 | 724 | 873 | 842 | 933 | 982 | 1,125 | 1,246 | 458 | 413 | |
| Total Assets | 5,907 | 5,611 | 10,876 | 8,752 | 7,566 | 7,430 | 6,447 | 5,555 | 4,271 | 4,206 | 4,117 | 3,125 | 3,016 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 521 | 449 | 1,239 | 705 | 264 | 436 | 419 | 503 | 495 | 194 | 635 | 535 | |
| -29 | -19 | -329 | -228 | 102 | -64 | -40 | -64 | -34 | -12 | 37 | 8 | |
| -505 | -419 | -927 | -408 | -438 | -220 | -161 | -387 | -453 | -267 | -255 | -1,256 | |
| Net Cash Flow | -13 | 12 | -16 | 68 | -73 | 152 | 218 | 52 | 8 | -85 | 417 | -713 |
| Free Cash Flow | 513 | 400 | 871 | 534 | 230 | 406 | 377 | 438 | 450 | 177 | 610 | 499 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 233% | 226% | 124% | 90% | 143% | 150% | 98% | 128% | 147% | 62% | 205% | 143% |
Ratios
Standalone / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 37 | 34 | 23 | 12 | 26 | 20 | 27 | 22 | 33 | 84 | 22 | 11 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 37 | 34 | 23 | 12 | 26 | 20 | 27 | 22 | 33 | 84 | 22 | 11 |
| Working Capital Days | -7 | -114 | -433 | -60 | -1,284 | -1,730 | -1,762 | -1,845 | -1,986 | -2,199 | -2,519 | -861 |
| ROCE % | -1% | -1% | 4% | 1% | -6% | -6% | -2% | -2% | -12% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Average Tenancy per Occupied Tower Times |
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| EM Revenue per Occupied Tower per Month INR |
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| Network Uptime Delivered % |
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| Occupied Tower Count Nos |
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| Sharing Revenue per Occupied Tower per Month INR |
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| Tenancy (Full Paying Equivalent) Nos |
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| Total Tower Count Nos |
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| Unoccupied Tower Count Nos |
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Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper publication pertaining to financial results of the Company for the quarter and half year ended September 30, 2026
- Un-Audited Financial Results Of The Company For The Quarter And Half Year Ended September 30, 2026
-
Board Meeting Intimation for Approval Of Unaudited Financial Results Of The Company For The Quarter And Half Year Ended September 30, 2026
- Board meets November 6, 2026 to approve Q2 and half-year FY2026-27 unaudited results.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
- GTL Infrastructure held 23rd AGM on September 30, 2026; all five resolutions passed with requisite majority.
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
-
Annual Report 2024
from bse
-
Annual Report 2023
from bse
-
Annual Report 2022
from bse
-
Annual Report 2021
from bse
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Annual Report 2020
from bse
-
Annual Report 2019
from bse
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Annual Report 2018
from bse
-
Annual Report 2017
from bse
-
Annual Report 2016
from bse
-
Annual Report 2015
from bse
-
Annual Report 2014
from bse
-
Annual Report 2013
from bse
-
Annual Report 2013
from nse
Business Overview:[1]
GTLIL is in the business of Shared Passive Telecom Infrastructure in India. It deploys, owns, manages telecom towers and communication structures that are shared by the Wireless Telecom Operators. Company has a portfolio of about 26,000 towers located across all the 22 Telecom Circles in India. GTLIL forms long-term (5-10-15 years) contracts with Wireless Telecom Operators