BSE:540602

Stock Analysis Report

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Executive Summary

GTPL Hathway Limited, through its subsidiaries, provides cable television and broadband services. More Details


Snowflake Analysis

Excellent balance sheet with proven track record.


Similar Companies

Share Price & News

How has GTPL Hathway's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 540602's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-3.5%

540602

-2.2%

IN Media

-1.6%

IN Market


1 Year Return

54.2%

540602

-17.2%

IN Media

-2.2%

IN Market

Return vs Industry: 540602 exceeded the Indian Media industry which returned -17.2% over the past year.

Return vs Market: 540602 exceeded the Indian Market which returned -2.2% over the past year.


Shareholder returns

540602IndustryMarket
7 Day-3.5%-2.2%-1.6%
30 Day29.7%-6.8%1.7%
90 Day34.3%14.0%6.2%
1 Year58.6%54.2%-15.5%-17.2%-0.4%-2.2%
3 Year-20.9%-25.0%-58.2%-59.9%-4.4%-9.0%
5 Yearn/a-42.9%-45.6%40.4%29.8%

Price Volatility Vs. Market

How volatile is GTPL Hathway's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is GTPL Hathway undervalued compared to its fair value and its price relative to the market?

12.18x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 540602 (₹114.1) is trading above our estimate of fair value (₹92.56)

Significantly Below Fair Value: 540602 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 540602 is good value based on its PE Ratio (12.2x) compared to the IN Media industry average (16.5x).

PE vs Market: 540602 is good value based on its PE Ratio (12.2x) compared to the Indian market (16.2x).


Price to Earnings Growth Ratio

PEG Ratio: 540602 is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: 540602 is overvalued based on its PB Ratio (1.6x) compared to the IN Media industry average (1.3x).


Next Steps

Future Growth

How is GTPL Hathway forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

25.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 540602's forecast earnings growth (25.3% per year) is above the savings rate (7.2%).

Earnings vs Market: 540602's earnings (25.3% per year) are forecast to grow slower than the Indian market (25.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 540602's revenue is expected to decline over the next 3 years (-9.7% per year).

High Growth Revenue: 540602's revenue is forecast to decline over the next 3 years (-9.7% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 540602's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has GTPL Hathway performed over the past 5 years?

24.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 540602 has a large one-off loss of ₹716.0M impacting its September 30 2020 financial results.

Growing Profit Margin: 540602's current net profit margins (4.3%) are higher than last year (2.9%).


Past Earnings Growth Analysis

Earnings Trend: 540602's earnings have grown significantly by 24.7% per year over the past 5 years.

Accelerating Growth: 540602's earnings growth over the past year (113.6%) exceeds its 5-year average (24.7% per year).

Earnings vs Industry: 540602 earnings growth over the past year (113.6%) exceeded the Media industry -29.2%.


Return on Equity

High ROE: 540602's Return on Equity (13.8%) is considered low.


Next Steps

Financial Health

How is GTPL Hathway's financial position?


Financial Position Analysis

Short Term Liabilities: 540602's short term assets (₹6.9B) do not cover its short term liabilities (₹12.9B).

Long Term Liabilities: 540602's short term assets (₹6.9B) exceed its long term liabilities (₹1.5B).


Debt to Equity History and Analysis

Debt Level: 540602's debt to equity ratio (13.8%) is considered satisfactory.

Reducing Debt: 540602's debt to equity ratio has reduced from 80.8% to 13.8% over the past 5 years.

Debt Coverage: 540602's debt is well covered by operating cash flow (429.7%).

Interest Coverage: 540602's interest payments on its debt are well covered by EBIT (15.3x coverage).


Balance Sheet


Next Steps

Dividend

What is GTPL Hathway current dividend yield, its reliability and sustainability?

2.63%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 540602's dividend (2.63%) is higher than the bottom 25% of dividend payers in the Indian market (0.55%).

High Dividend: 540602's dividend (2.63%) is in the top 25% of dividend payers in the Indian market (2.32%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 540602 has been paying a dividend for less than 10 years.

Growing Dividend: 540602's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (32%), 540602's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.0yrs

Average board tenure


CEO

Aniruddhasinhji Jadeja (47 yo)

no data

Tenure

₹27,580,000

Compensation

Mr. Aniruddhasinhji Nogubha Jadeja serves as Managing Director at GTPL Hathway Limited and has been its Director since August 21, 2006. Mr. Jadeja has a robust and an extended experience in cable televisi ...


CEO Compensation Analysis

Compensation vs Market: Aniruddhasinhji's total compensation ($USD369.89K) is about average for companies of similar size in the Indian market ($USD306.05K).

Compensation vs Earnings: Aniruddhasinhji's compensation has increased by more than 20% in the past year.


Board Members

NamePositionTenureCompensationOwnership
Aniruddhasinhji Jadeja
MD & Directorno data₹27.58m11.78%
₹ 1.5b
Amit Shah
Whole - Time Director11.17yrs₹9.53m0.79%
₹ 101.7m
Ajay Singh
Non-Executive Director5.83yrs₹420.00kno data
Rajan Gupta
Chairman4yrs₹240.00kno data
Bharat Chovatia
Independent Director4yrs₹230.00k0.000080%
₹ 10.3k
Parulben Oza
Independent Director4yrs₹510.00kno data
Falgun Shah
Independent Director4yrs₹430.00kno data
Kunal Chandra
Independent Director4yrs₹320.00kno data

4.0yrs

Average Tenure

47.5yo

Average Age

Experienced Board: 540602's board of directors are considered experienced (4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

GTPL Hathway Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: GTPL Hathway Limited
  • Ticker: 540602
  • Exchange: BSE
  • Founded: 2006
  • Industry: Cable and Satellite
  • Sector: Media
  • Market Cap: ₹12.832b
  • Shares outstanding: 112.46m
  • Website: https://www.gtpl.net

Number of Employees


Location

  • GTPL Hathway Limited
  • GTPL House, Shree One Building
  • Opposite Armieda
  • Ahmedabad
  • Gujarat
  • 380059
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GTPLNSEI (National Stock Exchange of India)YesEquity SharesININRJul 2017
540602BSE (Mumbai Stock Exchange)YesEquity SharesININRJul 2017

Biography

GTPL Hathway Limited, through its subsidiaries, provides cable television and broadband services. It operates through three segments: Cable Television, Internet, and Others. The company engages in the dist ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/31 12:45
End of Day Share Price2020/10/30 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.