GTL Ltd
NSE: GTL · Other Telecom Services · sector
₹5.99NSE close 2026-10-26
Key numbers
Market cap₹94 cr
Price₹5.99
52w high / low₹9 / ₹5
P/E0.1xSector median 10.7x
P/B–Sector median 2.1x
Book value₹-346.2
Dividend yield–Sector median 1.98%
ROE–Sector median -7.8%
ROCE–Sector median 13.5%
OPM389.8%Sector median 9.4%
Debt / equity–Sector median 0.05x
EV/EBITDA–Sector median 21.7x
Interest cover–
Current ratio–
Sales growth 3y+6.4%Sector median +27.2%
Profit growth 3y+116.8%Sector median +22.7%
PEG0.00x
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 8 companies in Other Telecom Services (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹19 cr vs borrowings ₹4,881 cr (FY26): borrowings are higher by ₹4,862 cr.
- Borrowings fell in each of the last 3 years (₹6,065 cr → ₹4,881 cr).
- No promoter shares are pledged.
- Operating cash flow was below net profit in 4 of the last 5 years (FY26, FY24, FY23, FY22).
- Net loss in 3 of the last 8 quarters.
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 0% of net profit in the last 12 months.
- No dividend in the last 5 financial years.
- Price ₹5.99 on 2026-10-26: -36.1% from the 52-week high, +22.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹14.78 · low ₹5.99
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 70 | 51 | 70 | 56 | 55 | 55 | 58 | 60 |
| EBITDA | 26 | -26 | 36 | 27 | -33 | 8 | 584 | 332 |
| OPM % | 37.0% | -50.6% | 52.1% | 48.6% | -60.0% | 14.9% | 1,002.6% | 553.7% |
| Other income | 5 | 0 | 1 | 3 | 1 | 0 | 1 | 0 |
| Net profit | 9 | -42 | 11 | 16 | -39 | -3 | 609 | 322 |
| EPS (₹) | 0.59 | -2.66 | -0.71 | 0.99 | -2.51 | -0.17 | 38.72 | 20.48 |
| Revenue YoY | -20.7% | +7.8% | -16.7% | +7.7% | ||||
| Profit YoY | -522.6% | – | +5,333.1% | +1,965.3% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 194 | 186 | 202 | 254 | 224 | 229 |
| EBITDA | 454 | 82 | 234 | 66 | 588 | 891 |
| Net profit | 432 | 57 | 211 | -8 | 583 | 889 |
| EPS (₹) | 27.45 | 3.63 | 13.40 | -0.54 | 37.03 | 56.52 |
| Revenue growth | -3.7% | +8.3% | +25.7% | -11.6% | -7.2% | |
| Profit growth | -86.8% | +268.5% | -104.0% | – | – | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +6.4% | +0.3% | -7.3% |
| Net profit | +116.7% | +54.0% | – |
| EPS | +116.9% | +54.0% | – |
| Share price | – | -29.8% (2y) | -31.8% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | -6,232 | -6,021 | -6,029 | -5,446 |
| Borrowings | – | 6,065 | 5,757 | 5,628 | 4,881 |
| Cash & equivalents | – | 13 | 15 | 11 | 19 |
| Total assets | – | 258 | 205 | 105 | 132 |
| Fixed assets | – | 50 | 30 | 16 | 15 |
| Capital work in progress | – | – | 0 | 0 | – |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 33 | 21 | 15 | 0 |
| Inventory | – | 0 | 0 | 0 | 0 |
| Payables | – | 11 | 11 | 11 | 10 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 29 | 18 | 175 | 198 | 166 |
| Cash from investing | 463 | 119 | 180 | -7 | -2 |
| Cash from financing | -492 | -134 | -353 | -191 | -161 |
| Capex | 1 | 2 | 3 | 12 | 5 |
| Free cash flow | 27 | 16 | 172 | 186 | 161 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | -0.9% | -3.5% | 0.1% | -10.7% |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 14.29% |
| FIIs | 0.00% |
| DIIs | 8.39% |
| of which Mutual funds | 0.00% |
| of which Insurance | 0.00% |
| Government | 0.00% |
| Public (non-institutions) | 77.32% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 14.29% | 14.29% | 14.29% | 14.29% | 14.29% | 14.29% | 14.29% | 14.29% |
| Promoter group | % |
|---|---|
| Global Holding Corporation Private Limited | 14.29% |
| Mr. Manoj G. Tirodkar | 0.00% |
| Public holders above 1% | % |
|---|---|
| Union Bank of India | 4.80% |
| Canara Bank-mumbai | 2.09% |
| Anand Shankarrao Utture | 1.47% |
| UCO Bank | 1.18% |
1,61,408 shareholders. Pledged: 0.00% of promoter shares.
Peers in Other Telecom Services
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| RAILTEL | ₹7,187 cr | 20.8x | 3.2x | 16.2% | 21.0% | 13.9% | +30.0% | 1.27% |
| ROUTE | ₹2,657 cr | 10.7x | 1.0x | 9.6% | 13.5% | 8.6% | +7.3% | 2.69% |
| STLNETWORK | ₹1,672 cr | – | 2.1x | -12.3% | 0.5% | 4.0% | – | – |
| GFSTEELS | ₹133 cr | 33.9x | – | – | 118.8% | 10.2% | +372.1% | – |
| TIKONA | ₹133 cr | 38.6x | – | – | 118.8% | 10.2% | +370.3% | – |
| GTL | ₹94 cr | 0.1x | – | – | – | 389.8% | +6.4% | – |
| STML | ₹67 cr | 10.7x | 3.5x | -31.4% | -20.8% | 6.2% | +20.5% | – |
| NETTLINX | ₹29 cr | 4.4x | 0.5x | -7.8% | -5.9% | -17.7% | +27.2% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2015-09-21 | Other | Annual General Meeting |
| 2014-09-10 | Other | Annual General Meeting |
| 2013-09-13 | Other | Annual General Meeting |
| 2012-09-07 | Other | Annual General Meeting |
| 2011-10-07 | Other | Annual General Meeting (Purpose Revised) |
| 2010-07-09 | Dividend | Dividend-Rs.3/- Per Share |
| 2009-07-03 | Dividend | Dividend-Rs.3/- Per Share |
| 2008-05-30 | Dividend | Dividend - 30% |
| 2007-06-11 | Other | Agm/Div -Rs.2.50/- Per Sh |
| 2006-09-26 | Other | Agm/Div-Fn 20% + Spl-180% |
| 2006-07-07 | Restructuring | Scheme Of Demerger |
| 2005-09-16 | Other | Div-Rs.1.80/- Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Telecommunication |
| Industry | Other Telecom Services |
| Sub-industry | Other Telecom Services |
| Symbol | GTL |
| BSE code | 500160 |
| ISIN | INE043A01012 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.