GTPL Hathway Limited — PPTs, 10-07-2025: Investor Presentation

1. Financial Highlights:

Consolidated revenue grew 7% YoY and 1% QoQ to ₹9091 Mn, driven by stable subscription income from CATV (₹3018 Mn) and broadband ISP (₹1359 Mn). EBITDA stood at ₹1123 Mn with a margin of 12.4%, slightly down YoY and QoQ. Profit before tax was ₹122 Mn. Standalone revenue rose 10% YoY and 5% QoQ to ₹5990 Mn, with subscription revenue up 8% QoQ. EBITDA was ₹592 Mn at a 9.9% margin, and PAT was ₹56 Mn, down YoY and QoQ. Broadband ARPU increased by ₹5 YoY to ₹465, with active subscribers at 1.05 Mn and homepass at 5.95 Mn. Average data consumption rose 17% YoY to 410 GB/month.

2. Strategic Initiatives & Growth Drivers:

GTPL is expanding aggressively in Andhra Pradesh, Telangana, Tamil Nadu, North-East, Delhi, Haryana, Uttarakhand, Arunachal Pradesh, and Chhattisgarh. The company leverages its GTPL Buzz app offering bundled digital cable TV and OTT services, plus innovations like Live TV on Samsung Connected TVs and AI chatbot GIVA for customer support. Broadband growth is fueled by a focus on B2B, rural Gujarat, and high-speed offerings up to 200 Mbps with unlimited data. Over 75% of broadband homepass is FTTX-ready, supporting future upgrades.

3. Business Developments:

GTPL continues to strengthen its content portfolio with 975+ TV channels including 97+ HD and 130+ owned platforms. It maintains strategic partnerships with tech leaders like Oracle, Nokia, and Broadpeak. The company services 1,750+ enterprise clients and 30+ government projects, supported by 48,000+ business partners. Expansion into 3 new states in Q4 FY25 enhances pan-India presence.

4. Market Position & Competitive Advantage:

GTPL is India’s No.1 private wireline broadband player and No.1 MSO in Gujarat, with a strong foothold in Maharashtra, AP, Telangana, Tamil Nadu, and the North-East. It connects 12+ million households across 1,500+ towns in 26 states. The company benefits from scale, deep regional content, and a large subscriber base that supports better negotiation power and market consolidation opportunities.

5. Investor Implications:

The steady revenue growth, expanding broadband footprint, and digital innovation indicate positive growth potential. However, margin pressures and PAT decline highlight execution risks to monitor. GTPL’s pan-India expansion and technology investments position it well to capitalize on industry consolidation and rising broadband penetration, making it an interesting play for investors focused on long-term sector growth.