GTL Infra.ltd
NSE: GTLINFRA · Telecom - Infrastructure · sector
₹0.99NSE close 2026-10-26
Key numbers
Market cap₹1,268 cr
Price₹0.99
52w high / low₹2 / ₹1
P/E1.2xSector median 9.2x
P/B–Sector median 2.6x
Book value₹-4.1
Dividend yield–Sector median 0.04%
ROE–Sector median 17.7%
ROCE705.4%Sector median 24.1%
OPM117.1%Sector median 38.5%
Debt / equity–Sector median 0.33x
EV/EBITDA4.1xSector median 5.7x
Interest cover4.2x
Current ratio0.09x
Sales growth 3y-2.0%Sector median +1.4%
Profit growth 3y–Sector median +26.5%
PEG–
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 6 companies in Telecom - Infrastructure (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹117 cr vs borrowings ₹5,416 cr (FY26): borrowings are higher by ₹5,299 cr.
- Operating profit covered interest 4.2x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 1 of the last 5 years (FY26).
- Net loss in 5 of the last 8 quarters.
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 4% of net profit in the last 12 months.
- Debtor days went from 84 (FY24) to 11 (FY26).
- No dividend in the last 5 financial years.
- Price ₹0.99 on 2026-10-26: -40.7% from the 52-week high, +3.1% 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 ₹2.40 · low ₹0.99
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 336 | 338 | 337 | 335 | 356 | 351 | 330 | 327 |
| EBITDA | 65 | 91 | 46 | 80 | 113 | 95 | 1,248 | 143 |
| OPM % | 19.4% | 26.8% | 13.6% | 23.9% | 31.8% | 27.0% | 377.8% | 43.6% |
| Other income | 10 | 3 | 3 | 5 | 19 | 8 | 15 | 5 |
| Net profit | -214 | -210 | -249 | -232 | -193 | 20 | 1,186 | 69 |
| EPS (₹) | -0.16 | -0.16 | -0.19 | -0.18 | -0.15 | 0.01 | 0.91 | 0.05 |
| Revenue YoY | +6.0% | +3.6% | -2.0% | -2.2% | ||||
| Profit YoY | – | – | – | – |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 1,463 | 1,458 | 1,372 | 1,344 | 1,372 | 1,365 |
| EBITDA | -252 | -559 | 350 | 276 | 1,532 | 1,599 |
| Net profit | -1,475 | -1,817 | -681 | -875 | 779 | 1,081 |
| EPS (₹) | -1.14 | -1.41 | -0.52 | -0.67 | 0.60 | 0.82 |
| Revenue growth | -0.3% | -5.9% | -2.0% | +2.1% | +1.4% | |
| Profit growth | – | – | – | – | – | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -2.0% | -0.5% | +1.4% |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | -31.8% (2y) | -32.0% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | -4,541 | -5,087 | -5,961 | -5,215 |
| Borrowings | – | 3,671 | 3,340 | 3,193 | 5,416 |
| Cash & equivalents | – | 566 | 487 | 856 | 117 |
| Total assets | – | 4,271 | 4,206 | 4,117 | 3,125 |
| Fixed assets | – | 3,189 | 2,977 | 2,816 | 2,667 |
| Capital work in progress | – | 0 | 0 | 0 | 0 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 131 | 316 | 82 | 41 |
| Inventory | – | 4 | 4 | 4 | 3 |
| Payables | – | 43 | 32 | 25 | 7 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 503 | 497 | 194 | 635 | 535 |
| Cash from investing | -64 | -37 | -12 | 37 | 8 |
| Cash from financing | -387 | -453 | -267 | -255 | -1,256 |
| Capex | 88 | 66 | 34 | 51 | 62 |
| Free cash flow | 416 | 431 | 161 | 585 | 474 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 40.0% | 13.4% | 14.7% | -14.9% |
| ROCE % | – | 119.0% | -7.1% | -1.9% | 668.2% |
| Debtor days | – | 33 | 84 | 22 | 11 |
| Inventory days | – | 1 | 1 | 1 | 1 |
| Payable days | – | 11 | 9 | 7 | 2 |
| Cash conversion cycle (days) | – | 23 | 76 | 16 | 10 |
| Working capital days | – | -1,844 | -2,069 | -2,287 | -839 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 3.28% |
| FIIs | 0.44% |
| DIIs | 31.20% |
| of which Mutual funds | 0.00% |
| of which Insurance | 2.76% |
| Government | 0.00% |
| Public (non-institutions) | 65.09% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 3.28% | 3.28% | 3.28% | 3.28% | 3.28% | 3.28% | 3.28% | 3.28% |
| Promoter group | % |
|---|---|
| Global Holding Corporation Private Limited | 3.28% |
| GTL Limited | 0.00% |
| Public holders above 1% | % |
|---|---|
| Union Bank of India | 12.07% |
| Central Bank of India | 6.17% |
| Bank of Baroda | 5.65% |
| Canara Bank-mumbai | 4.05% |
| Life Insurance Corporation of India | 2.76% |
26,41,810 shareholders. Pledged: 0.00% of promoter shares.
Peers in Telecom - Infrastructure
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| INDUSTOWER | ₹1,02,622 cr | 14.3x | 2.6x | 19.8% | 28.4% | 55.8% | +4.6% | – |
| HFCL | ₹37,438 cr | 42.6x | 6.6x | 17.7% | 19.9% | 21.2% | +1.4% | 0.04% |
| BONDADA | ₹2,948 cr | 9.5x | 4.2x | 55.8% | 51.1% | 11.5% | – | 0.04% |
| PACEDIGITK | ₹2,944 cr | 8.9x | 1.3x | 13.7% | 16.3% | 16.3% | – | – |
| GTLINFRA | ₹1,268 cr | 1.2x | – | – | 705.4% | 117.1% | -2.0% | – |
| SUYOG | ₹549 cr | 9.0x | 1.1x | 13.6% | 17.1% | 69.3% | – | 0.37% |
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 |
| 2012-09-24 | Other | Annual General Meeting |
| 2011-12-22 | Other | Annual General Meeting |
| 2010-08-20 | Other | Annual General Meeting |
| 2009-07-07 | Other | Annual General Meeting |
| 2008-06-10 | Other | Agm |
| 2007-07-20 | Rights | Rights 1:1 At Par |
| 2007-05-30 | Other | Agm |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Providing Telecom Towers on shared basis to multiple telecom operators: To build, own, operate and maintain passive telecom infrastructure sites capable of hosting active network components of various technologies of multiple telecom operators
| Sector | Telecommunication |
| Industry | Telecom - Infrastructure |
| Sub-industry | Telecom - Infrastructure |
| Symbol | GTLINFRA |
| BSE code | 532775 |
| ISIN | INE221H01019 |
| Face value | ₹10.0 |
| Incorporated | 2004-02-04 |
| Website | http://www.gtlinfra.com |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
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.