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Prices as of 9 Oct 2026 close · Not investment advice

GTL Infrastructure Limited

NSE: GTLINFRATelecom - Infrastructure

Share price

₹1.06

+0.95% close of 9 Oct 2026

Market cap ₹1,358 CrP/E 1.3

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 6 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

45

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹1,358 Cr

P/E ratio

1.3

P/B ratio

-0.3

ROCE

4.4%

ROE

—

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹1.6152-week low ₹0.97

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 1.4% over the past year, and 13.4% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 19.3% to 29.1% over the last four years.

Whether it grew faster than its sector

It grew 13.4% a year against a sector median of 9.8% — 3.6 percentage points faster.

Room to re-rate, or risk of de-rating

Too little price history yet to compare it with its own past.

Whether growth justifies the valuation

Priced at 0.1 times its growth rate, on earnings growth of 15%.

Profit growthPrice per ₹1 profitPer 1% growth
GTL Infrastructure Limited — this one15%/yr1.3×₹0.08
Indus Towers47%/yr14.0×₹0.30
HFCL Limited1%/yr69.5×₹69.5
Pace Digitek Limited174%/yr11.8×—
Suyog Telematics Limited—12.8×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Telecom - Infrastructure), it ranks 5 of 5 on returns, 3 of 5 on growth, 3 of 5 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 4.4% on capital, ahead of 0% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹2362 crore of cash from the business, spent ₹188 crore on plant and equipment, and returned ₹2618 crore to lenders and shareholders. It has not made a profit over 12 years.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

6 of 9 checks clear · 67%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Posted INR69 crore of profit on INR327 crore of revenue, with no tax charged for the quarter

Announced 6 Aug 2026 · Standalone · Unaudited

Revenue

₹327 Cr

Net profit

₹69 Cr

Net margin

21.2%

EPS

₹0.05

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹1,358 Cr
Prev close
₹1.06
52w High
₹1.7
52w Low
₹1.0
Enterprise value
₹7,138 Cr
Beta
1.1
Price CAGR 1y
-27.0%
Price CAGR 3y
1.0%
Price CAGR 5y
-9.0%
Price CAGR 10y
-16.0%

Ratios

Return on assets
24.9%
PEG ratio
—
P/E ratio
1.3
P/B ratio
-0.3
EV / EBITDA
18.0
Industry P/E
25.0
ROCE
4.4%
ROCE 5y average
-7.0%
ROE
—
Debt / Equity
—
Interest coverage
2.4
Dividend yield
0.0%
ROE 3y average
—
ROE last year
—

Annual P&L

Annual revenue
₹1,372 Cr
Annual profit
₹779 Cr
Operating margin
25.0%
Net profit margin
56.8%
EBITDA margin
24.9%
Sales growth 3y
-2.0%
Sales growth 5y
-0.5%
Profit growth 3y
15.0%
Profit growth 5y
8.0%
EPS
₹0.6
Sales growth TTM
1.0%
Profit growth TTM
87.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹327 Cr
Profit latest quarter
₹69 Cr
YoY quarterly sales growth
-2.2%
YoY quarterly profit growth
—
OPM latest quarter
43.6%

Balance Sheet

Book Value
—
Face Value
₹10.0
Total debt
₹5,898 Cr
Total cash
₹117 Cr
Borrowings
₹5,898 Cr
Reserves / Equity
-1.4

Cash Flow

Operating cash flow
₹535 Cr
Free cash flow
₹499 Cr
FCF yield
-4.7%
Net cash flow
-₹713 Cr

Shareholding

Promoter holding
3.3%
FII holding
0.8%
DII holding
31.2%
Public holding
64.8%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Indus Towers389.1014.31,02,3823.601,745.80.58,431.14.619.5
Altius Telecom172.0041.452,4152.34375.365.56,025.1-0.18.6
HFCL262.7870.340,2210.08245.6809.11,915.0119.810.8
Pace Digitek166.2811.93,5880.0062.513.2555.451.321.4
Bondada Engineer279.6514.33,1230.1053.938.2691.724.039.4
GTL Infra.1.091,3960.0069.4129.9327.3-2.2
Suyog Telematics667.2513.37900.1513.9-18.165.32.214.4
Median172.0014.33,1230.0862.525.5555.418.713.2

Competes with: HFCL Limited, Indus Towers, Pace Digitek Limited, Suyog Telematics Limited, Vindhya Telelinks Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Standalone · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales353351338331332336338337335356351330327
Expenses216236263291258271248291255243260281185
Material Cost000000
Change in Inventories000000
Purchases of Stock-in-Trade000000
Employee Cost251821223116
Other Expenses266237222235250169
Operating Profit136115754074659146801139150143
OPM %39332212221927142432261544
Other Income3944-125103351981,2135
Exceptional items (within Other Income)00001,1980
Interest196206193210220229241238253265222223
Depreciation82828033616063606460575556
Profit before tax-102-170-195-215-202-214-210-249-232-193201,18669
Tax %0000000000000
Net Profit-102-170-195-215-202-214-210-249-232-193201,18669
EPS in Rs-0.08-0.13-0.15-0.17-0.16-0.17-0.16-0.19-0.18-0.150.020.930.05
Diluted EPS in Rs-0.19-0.18-0.150.010.910.05

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Standalone · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales6009132,2832,3331,5001,4171,4101,4631,4581,3721,3441,3721,365
Expenses3987091,2801,5991,3131,1459831,0291,0971,0061,0611,029968
Material Cost00
Change in Inventories00
Purchases of Stock-in-Trade00
Employee Cost8691
Other Expenses983947
Operating Profit2022041,003735187272427434361366283342397
OPM %34224431121930302527212529
Other Income-68-89-635-1,258-570-839-488-671-89335141,2371,245
Exceptional items (within Other Income)01,198
Interest3934691,024570533662663734782805929563333
Depreciation256252743800624634547503504278244237228
Profit before tax-515-605-1,399-1,893-1,539-1,864-1,271-1,475-1,817-681-8757791,081
Tax %000000000000
Net Profit-515-605-1,399-1,893-1,539-1,864-1,271-1,475-1,817-681-8757791,081
EPS in Rs-2.21-2.59-5.69-1.56-1.25-1.51-1.02-1.17-1.43-0.53-0.680.610.85
Diluted EPS in Rs-0.670.60
Dividend Payout %000000000000

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
4%
5 years
-1%
3 years
-2%
TTM
1%

Compounded profit growth

10 years
2%
5 years
8%
3 years
15%
TTM
87%

Stock price CAGR

10 years
-16%
5 years
-9%
3 years
1%
1 year
-27%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital2,3252,3362,46012,12512,31912,31912,49712,62312,67112,80712,80912,809
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
Borrowings4,9554,93510,1024,9564,9135,6295,0854,8724,2813,9013,7155,898
Other Liabilities5064851,0645869831,9952,6493,4284,5315,3926,3632,442
Total Liabilities5,9075,61110,8768,7527,5667,4306,4475,5554,2714,2064,1173,125
Fixed Assets3,4023,2619,9247,9456,7956,4665,5154,5563,2203,0072,8452,668
CWIP5446844236312800000
Investments1,8841,90760140116063656974260
Other Assets5673988096257248738429339821,1251,246458
Total Assets5,9075,61110,8768,7527,5667,4306,4475,5554,2714,2064,1173,125

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity5214491,239705264436419503495194635535
Cash from Investing Activity-29-19-329-228102-64-40-64-34-12378
Cash from Financing Activity-505-419-927-408-438-220-161-387-453-267-255-1,256
Net Cash Flow-1312-1668-73152218528-85417-713
Free Cash Flow513400871534230406377438450177610499

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days373423122620272233842211
Cash Conversion Cycle373423122620272233842211
Working Capital Days-7-114-433-60-1,284-1,730-1,762-1,845-1,986-2,199-2,519-861
ROCE %-1-141-6-6-2-2-12

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Standalone · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters3.283.283.283.283.283.283.283.283.283.283.283.28
FIIs0.120.100.120.170.120.010.050.140.010.040.060.77
DIIs454443423736353433323131
Public515253546061616364646565
No. of Shareholders11,69,83712,33,97814,60,52817,72,09027,01,61727,82,32427,95,17228,72,66628,16,88727,52,53027,10,39726,75,623

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -28.4% (₹1.48 → ₹1.06)Brick size ₹0.04 (fixed)Bricks 67
₹1.00₹1.20₹1.40₹1.60₹1.06Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹1.06 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

5,781inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

2,12,38,390inr

2026-03-31

News

News and filings about GTL Infrastructure Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • Battery banks / lead-acid batteries
  • Diesel (DG-set fuel)
  • Diesel generators (DG sets)
  • Grid electricity
  • SMPS and other electrical items

Depends on the price of

  • diesel

Sells to

  • Bharat Sanchar Nigam Ltd · Shared passive telecom tower infrastructure (tenancy)
  • Bharti Airtel · Shared passive telecom tower infrastructure + energy management (tenancy)
  • Reliance Jio Infocomm Limited · Shared passive telecom tower infrastructure (tenancy)
  • Tata Communications Limited · Shared passive telecom tower infrastructure (tenancy)
  • Vodafone Idea · Shared passive telecom tower infrastructure + energy management (tenancy)

Buys from

  • GTL Limited · Operation, Maintenance and Energy-Management (OME) plus other network services for telecom…

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Telecommunication
Industry
Telecom - Infrastructure
Classification
Telecommunication › Telecom - Infrastructure
ISIN
INE221H01019

News impact

Big market events that reach GTL Infrastructure Limited, and how the effect spreads.

Who it hits first

  • Vodafone Idea — ~₹23,000 cr liability cut + staggered payment plan
  • Reduced existential overhang on 3rd-largest Indian telco

Who may gain

  • Indus Towers — tenancy ratio risk lifted
  • Tanla — communications platform demand secured
  • GTL Infrastructure — receivable risk lowered

Along the supply chain

Downstream

Subscribers retain choice; 3-player market sustains tariff discipline

Upstream

Tower / fiber / network gear suppliers — demand reset higher

Where demand moves

Business

VI continues capex / 5G rollout → spectrum demand, tower upgrades, network gear orders

Capital

Capital rotates back to VI long-only mandates; Airtel relative-trade unwound partially

How it spreads across sectors

Banking

PSU banks (SBI, PNB) with VI exposure see lower NPA risk

Telecom

Industry structure preserves 3-player competition

When it plays out

Immediate

VI rallies 10-20%; Indus Towers up 3-6%; Airtel modestly weaker on relative basis

Medium term

Sustained 3-player industry preserves tariff discipline

Short term

VI fundraise / spectrum participation visibility improves

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.