NSEI:GTLINFRA

Stock Analysis Report

GTL Infrastructure

Executive Summary

GTL Infrastructure Limited, an independent and neutral telecom tower company, builds, owns, operates, and maintains shared passive telecom infrastructure sites.

Snowflake

Fundamentals

Excellent balance sheet and fair value.


Similar Companies

Share Price & News

How has GTL Infrastructure's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-18.2%

GTLINFRA

1.5%

IN Telecom

3.8%

IN Market


1 Year Return

-60.9%

GTLINFRA

-3.2%

IN Telecom

6.0%

IN Market

Return vs Industry: GTLINFRA underperformed the Indian Telecom industry which returned -3.2% over the past year.

Return vs Market: GTLINFRA underperformed the Indian Market which returned 6% over the past year.


Shareholder returns

GTLINFRAIndustryMarket
7 Day-18.2%1.5%3.8%
30 Day-30.8%0.3%2.9%
90 Day-35.7%-1.6%2.9%
1 Year-60.9%-60.9%3.4%-3.2%8.2%6.0%
3 Year-92.0%-92.0%-22.1%-32.6%23.0%16.7%
5 Year-84.5%-84.5%-0.7%-16.0%43.6%30.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is GTL Infrastructure undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: GTLINFRA (₹0.45) is trading below our estimate of fair value (₹1.47)

Significantly Below Fair Value: GTLINFRA is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: GTLINFRA is unprofitable, so we can't compare its PE Ratio to the Telecom industry average.

PE vs Market: GTLINFRA is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GTLINFRA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GTLINFRA is good value based on its PB Ratio (0.4x) compared to the XA Telecom industry average (1.4x).


Next Steps

Future Growth

How is GTL Infrastructure forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.3%

Forecasted Telecom industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as GTL Infrastructure has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has GTL Infrastructure performed over the past 5 years?

-30.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: GTLINFRA is unprofitable, and losses have increased over the past 5 years at a rate of -30.7% per year.

Accelerating Growth: Unable to compare GTLINFRA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GTLINFRA is unprofitable, making it difficult to compare its past year earnings growth to the Telecom industry (10.5%).


Return on Equity

High ROE: GTLINFRA has a negative Return on Equity (-91.8%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: GTLINFRA is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: GTLINFRA is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is GTL Infrastructure's financial position?


Financial Position Analysis

Short Term Liabilities: GTLINFRA's short term assets (₹6.4B) do not cover its short term liabilities (₹56.7B)

Long Term Liabilities: GTLINFRA's short term assets (6.4B) exceeds its long term liabilities (2.2B)


Debt to Equity History and Analysis

Debt Level: GTLINFRA is debt free.

Reducing Debt: GTLINFRA has no debt compared to 5 years ago when its debt to equity ratio was 500%.


Balance Sheet

Inventory Level: GTLINFRA has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if GTLINFRA's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable GTLINFRA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: GTLINFRA is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -18.7% per year.


Next Steps

Dividend

What is GTL Infrastructure's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.4%industryaverage3.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate GTLINFRA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate GTLINFRA's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if GTLINFRA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GTLINFRA's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GTLINFRA's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

What is the CEO of GTL Infrastructure's salary, the management and board of directors tenure and is there insider trading?

10.9yrs

Average board tenure


CEO

Milind Naik (56yo)

0yrs

Tenure

₹8,184,000

Compensation

Mr. Milind K. Naik, B. Com, M.Com, MBA serves as Chief Operating Officer of GTL Infrastructure Limited. Mr. Naik serves as Managing Director of India Wireless Technology Ltd. He has been a Whole-Time Direc ...


CEO Compensation Analysis

Compensation vs. Market: Milind's total compensation ($USD115.14K) is about average for companies of similar size in the Indian market ($USD32.51K).

Compensation vs Earnings: Milind's compensation has increased whilst the company is unprofitable.


Board Age and Tenure

10.9yrs

Average Tenure

61yo

Average Age

Experienced Board: GTLINFRA's board of directors are seasoned and experienced ( 10.9 years average tenure).


Insider Trading

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


Ownership Breakdown


Management Team

  • Manoj Tirodkar (55yo)

    Co-Founder & Non-Executive Chairman

    • Tenure: 13.2yrs
    • Compensation: ₹1.02m
  • Milind Naik (56yo)

    COO & Whole-Time Director

    • Tenure: 0yrs
    • Compensation: ₹8.18m
  • Eugene Valles

    Vice President of Human Resources

    • Tenure: 0yrs
  • Milind Bengali

    Chief Operating Officer

    • Tenure: 0yrs
  • Rupinder Ahluwalia (65yo)

    President of Business Development

    • Tenure: 0yrs
  • Prasanna Bidnurkar

    Head of Treasury

    • Tenure: 0yrs
  • Bhupendra Kiny

    CFO and Head of Pricing & Costing

    • Tenure: 1.8yrs
    • Compensation: ₹11.91m
  • Nitesh Mhatre

    Compliance Officer & Company Secretary

    • Tenure: 6.5yrs
    • Compensation: ₹4.11m
  • Vikas Arora

    Group Head of Corporate Communication

    • Tenure: 0yrs

Board Members

  • Manoj Tirodkar (55yo)

    Co-Founder & Non-Executive Chairman

    • Tenure: 13.2yrs
    • Compensation: ₹1.02m
  • Milind Naik (56yo)

    COO & Whole-Time Director

    • Tenure: 0yrs
    • Compensation: ₹8.18m
  • Charudatta Naik (54yo)

    Non-Independent Non-Executive Director

    • Tenure: 15.7yrs
    • Compensation: ₹1.00m
  • Anand Patkar (66yo)

    Independent Non-Executive Director

    • Tenure: 12yrs
    • Compensation: ₹740.00k
  • Nagarajan Balasubramanian (73yo)

    Independent Vice Chairman

    • Tenure: 11.5yrs
    • Compensation: ₹1.30m
  • Vinod Agarwala (70yo)

    Independent Non-Executive Director

    • Tenure: 10.3yrs
    • Compensation: ₹1.00m
  • Sonali Choudhary

    Non-Independent Non-Executive Director

    • Tenure: 4.6yrs
    • Compensation: ₹1.28m
  • Dina Hatekar

    Independent Director

    • Tenure: 0.2yrs

Company Information

GTL Infrastructure Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: GTL Infrastructure Limited
  • Ticker: GTLINFRA
  • Exchange: NSEI
  • Founded: 2004
  • Industry: Integrated Telecommunication Services
  • Sector: Telecom
  • Market Cap: ₹5.667b
  • Shares outstanding: 12.32b
  • Website: https://www.gtlinfra.com

Number of Employees


Location

  • GTL Infrastructure Limited
  • 412, Janmabhoomi Chambers
  • 29, Walchand Hirachand Marg
  • Mumbai
  • Maharashtra
  • 400001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532775BSE (Mumbai Stock Exchange)YesEquity SharesININRNov 2006
GTLINFRANSEI (National Stock Exchange of India)YesEquity SharesININRNov 2006

Biography

GTL Infrastructure Limited, an independent and neutral telecom tower company, builds, owns, operates, and maintains shared passive telecom infrastructure sites. The company provides telecom towers on a sha ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 12:51
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.