GTPL Hathway Ltd
GTPL was established in 2006, by Mr. Anirudhsinhji Jadeja, Mr. Kanaksinh Rana, and other MSOs, such as Gujarat Telelink Pvt Ltd. It provides services such as analogue cable TV, digital cable TV, and broadband internet in states such as Gujarat, West Bengal, and Maharashtra. The company got its present name after Hathway Cable & Datacom Ltd (HCDL) bought a 50% stake in fiscal 2008. The company got listed on the BSE & NSE in July 2017. [1]
- Market Cap ₹ 1,871 Cr.
- Current Price ₹ 166
- High / Low ₹ 314 / 132
- Stock P/E 9.20
- Book Value ₹ 91.8
- Dividend Yield 2.40 %
- ROCE 29.4 %
- ROE 22.2 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 51.6% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 30.0%
- Company's median sales growth is 18.2% of last 10 years
Cons
* 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
Sector: Entertainment Industry: Entertainment / Electronic Media Software
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
358 | 453 | 577 | 623 | 736 | 908 | 1,091 | 1,246 | 2,384 | 2,467 | 2,414 | 2,443 | |
287 | 347 | 421 | 474 | 583 | 697 | 797 | 905 | 1,921 | 1,947 | 1,881 | 1,925 | |
Operating Profit | 71 | 106 | 156 | 149 | 154 | 211 | 294 | 340 | 464 | 520 | 533 | 519 |
OPM % | 20% | 23% | 27% | 24% | 21% | 23% | 27% | 27% | 19% | 21% | 22% | 21% |
1 | 2 | 2 | 9 | 8 | 33 | 17 | -44 | -30 | 51 | 24 | 36 | |
Interest | 10 | 20 | 40 | 42 | 47 | 64 | 42 | 51 | 45 | 23 | 14 | 15 |
Depreciation | 17 | 29 | 72 | 84 | 107 | 139 | 171 | 202 | 232 | 260 | 253 | 261 |
Profit before tax | 45 | 60 | 46 | 33 | 8 | 41 | 98 | 43 | 158 | 288 | 290 | 279 |
Tax % | 29% | 31% | 47% | 39% | 54% | 36% | 42% | 43% | 44% | 27% | 25% | |
Net Profit | 30 | 38 | 24 | 17 | 7 | 40 | 61 | 19 | 78 | 188 | 200 | 195 |
EPS in Rs | 203.50 | 226.05 | 120.10 | 83.50 | 0.75 | 4.10 | 5.43 | 1.68 | 6.91 | 16.73 | 17.75 | 17.38 |
Dividend Payout % | 0% | 0% | 0% | 0% | 7% | 24% | 18% | 60% | 43% | 24% | 23% |
Compounded Sales Growth | |
---|---|
10 Years: | 21% |
5 Years: | 22% |
3 Years: | 25% |
TTM: | -5% |
Compounded Profit Growth | |
---|---|
10 Years: | 21% |
5 Years: | 52% |
3 Years: | 98% |
TTM: | 5% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 3% |
3 Years: | 30% |
1 Year: | -18% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 17% |
3 Years: | 21% |
Last Year: | 22% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|
1 | 2 | 2 | 2 | 98 | 98 | 112 | 112 | 112 | 112 | 112 | |
Reserves | 190 | 254 | 316 | 331 | 282 | 289 | 545 | 552 | 616 | 768 | 919 |
84 | 230 | 282 | 240 | 466 | 546 | 328 | 345 | 223 | 165 | 124 | |
211 | 308 | 458 | 542 | 628 | 776 | 916 | 1,004 | 1,194 | 1,273 | 1,141 | |
Total Liabilities | 486 | 793 | 1,058 | 1,115 | 1,474 | 1,709 | 1,902 | 2,014 | 2,145 | 2,318 | 2,297 |
303 | 480 | 674 | 696 | 904 | 1,054 | 1,210 | 1,214 | 1,325 | 1,393 | 1,507 | |
CWIP | 4 | 23 | 22 | 11 | 61 | 60 | 38 | 32 | 32 | 71 | 92 |
Investments | 5 | 4 | 9 | 15 | 19 | 10 | 14 | 15 | 14 | 10 | 9 |
174 | 286 | 354 | 393 | 491 | 585 | 639 | 754 | 773 | 844 | 689 | |
Total Assets | 486 | 793 | 1,058 | 1,115 | 1,474 | 1,709 | 1,902 | 2,014 | 2,145 | 2,318 | 2,297 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|
209 | 225 | 266 | 412 | 284 | 394 | 551 | 402 | ||||
-96 | -366 | -272 | -334 | -235 | -254 | -378 | -318 | ||||
-92 | 166 | 21 | -64 | -5 | -187 | -163 | -107 | ||||
Net Cash Flow | 21 | 25 | 14 | 13 | 44 | -47 | 10 | -23 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 89 | 98 | 126 | 134 | 122 | 119 | 109 | 84 | 43 | 61 | 43 |
Inventory Days | |||||||||||
Days Payable | |||||||||||
Cash Conversion Cycle | 89 | 98 | 126 | 134 | 122 | 119 | 109 | 84 | 43 | 61 | 43 |
Working Capital Days | -38 | -43 | -77 | -102 | -134 | -88 | -110 | -118 | -88 | -84 | -81 |
ROCE % | 21% | 16% | 13% | 8% | 12% | 15% | 18% | 28% | 32% | 29% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
19 Jul - Transcript of the Post Results Conference Call on the Unaudited Financial Results for the first quarter ended June 30, 2022
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Announcement under Regulation 30 (LODR)-Updates on Acquisition
18 Jul - Disclosure pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015.
- Audio Recording Of The Post Results Conference Call On The Unaudited Financial Results For The First Quarter Ended June 30, 2022 15 Jul
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
14 Jul - Media Release - Standalone and Consolidated Unaudited Financial Results for the first quarter ended June 30, 2022
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Announcement under Regulation 30 (LODR)-Investor Presentation
14 Jul - Investor Presentation on the Standalone and Consolidated Unaudited Financial Results for the first quarter ended June 30, 2022
Annual reports
Concalls
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Jul 2022Transcript PPT
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Apr 2022Transcript PPT
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Jan 2022Transcript PPT
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Oct 2021Transcript PPT
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Jul 2021Transcript PPT
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Apr 2021Transcript PPT
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Jan 2021Transcript PPT
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Oct 2020Transcript PPT
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Jul 2020Transcript PPT
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Apr 2020Transcript PPT
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Jan 2020Transcript PPT
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Oct 2019Transcript PPT
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Jul 2019Transcript PPT
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Apr 2019Transcript PPT
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Feb 2019Transcript PPT
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Nov 2018Transcript PPT
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Aug 2018Transcript PPT
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Jun 2018Transcript PPT
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Feb 2018Transcript PPT
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Nov 2017Transcript PPT
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Aug 2017Transcript PPT
Leadership in Gujarat & WB:
Grew to National MSO with footprints in 800+ towns across 13 states in India in 14 Years, providing both Cable TV & Broadband Services. GTPL is currently the no. 2 multisystem operator in India, no. 1 multisystem operator in Gujarat with 67% of market share, no. 2 player in West Bengal with 24% market share, and no. 6 private wireline broadband player in India offering High speed & Truly unlimited data.