Gtpl Hathway Ltd · NSE:GTPL
Gtpl Hathway — Q3 FY2018 Earnings Presentation
31 slides from Gtpl Hathway's earnings presentation, February 2018
Slide 1: Exchange filing cover letter for investor presentation
GTPL Hathway Limited @ (Former Name: GTPL Hathway Private Limited) CIN : L64204GJ2006PLC048908 Digital Cable TV | Broadband roa Registered Office : C-202, 2nd Floor, Sahajanand Shopping Centre, # Opp. Swaminarayan Temple, Shahibaug, Ahmedabad - 380 004. Phone : OTRrROSSHALA/ 19/781187 9-30280340/41
Slide 2: Investor Update on Financial Results Q3 FY 2018 and 9M FY2018
GTPL Hathway Limited Investor Update on Financial Results Q3 FY 2018 and 9M FY2018 1
Slide 3: Table of Contents
TABLE OF CONTENTS 1 Company Overview and Strategy 3-9 2 Key KPIs 11-15 3 Financials 17-18 I Standalone – Q3 FY18 & 9M FY18 Financial 19-21 II GTPL Broadband Pvt Ltd Results – Q3 FY18 & 9M FY18 Financial 22-24 III GTPL Kolkata Cable & Broadband Pariseva Ltd – Q3 FY18 & 9M FY18 Financial 25-27 2
Slide 4: GTPL – Leader across Key Regional Cable Markets in India
GTPL – Leader across Key Regional Cable Markets in India • Strong market share in key regional markets that are primarily Hindi speaking areas Present in 200+ towns KEY HIGHLIGHTS (as of 31st-Dec-17) across 11 states Showing Maximum number of TV Channels in India Total Set-Top Boxes Seeded 8.46mn Ac
Slide 5: Key Inherent Strength of GTPL Hathway
Key Inherent Strength of GTPL Hathway • #1 MSO in Gujarat, #2 in WB • Significant Presence in Rest of Maharashtra– 1 Leadership Position in Operating Market Seeded 1.2 mn Boxes • 1.24 mn Broadband Home Pass – Mainly in Gujarat • Maximum Number of TV Channels in India • 95% CATV Subs in Hindi Speakin
Slide 6: Cutting Edge Technology and Infrastructure
Cutting Edge Technology and Infrastructure Advanced technology and equipment provided by leading technology vendors Optic Fibre Cable GPON Technology Well positioned to expand reach into different geographies Network Mother Headend Gujarat ü Owned:12000+ KMs ü Seamless connectivity Mother Main Heade
Slide 7: Experienced Management Team with Strong Track Record
Experienced Management Team with Strong Track Record Aniruddhasinhji Jadeja, Zealous entrepreneur; started with cable operations in 90s and shaped GTPL in 2006; has many Promoter and MD accomplishments to his credit; has won numerous industry/social awards. Sumit Bose Exec. MBA (ISB, Hyd); 28 yrs. o
Slide 8: Launch of GPON FTTH at Ahmedabad – Sach Mein Unlimited
Launch of GPON FTTH at Ahmedabad – “Sach Mein Unlimited” • The Company upgraded network to provide high-speed broadband services in Ahmedabad City over GPON Fibre to the Home (FTTH) technology • With the upgraded, reliable and consistent Fibre Network, the Company has launched “Unlimited data” servi
Slide 9: Growth Strategy
Growth Strategy BROADBAND CABLE TV Focus on high quality digital Deploy GPON technology offerings Offer cost-effective and high Grow subscriber base in speed plans existing markets Increase the reach of homes Continue LCO partnerships passed Enter new cities / markets Enter new cities and markets wi
Slide 10: Infrastructure Monetization - Cable and Broadband Leverage Same City Network
Infrastructure Monetization - Cable and Broadband can Leverage Same City Access Network Satellite for Cable network Infrastructure leverage to deliver cable and broadband Reaching the Create a society/locality, central hub hub to reach Connecting for the city households from society to each househol
Slide 11: Key KPIs
GTPL Hathway Limited 2 ) KEY KPIs 10
Slide 12: Performance – Q3 FY 2018
Performance – Q3 FY* 2018 Ø Seeded 180 K STB boxes during Q3. Ø Increased 140 K CATV Digital Active Subs. Ø Increased 110 K CATV Digital Paying Subs. Ø Increased ARPU in Phase III and Phase IV by 5.2% and 4.1% respectively. Ø Expanded CATV Services - Entered New State – Goa. Ø Gross Debt stands at I
Slide 13: Performance – Q3 FY 2018
Performance – Q3 FY* 2018 Ø Added around 90 K new Home Pass in Broadband Business Ø Increased 12 K Broadband Subscriber during Q3 Ø Data Consumption per Customer Stands at 59GB/month as on December 2017 (Y-O-Y increase of 69%; Q-O-Q increase of 28%) increasing from 46 GB /month from September 2017 a
Slide 14: KEY KPIs – CATV Business - Quarter wise (Consolidated)
KEY KPIs – CATV Business - Quarter wise (Consolidated)* STBs SEEDED (MN) ACTIVE STBs (MN) DIGITAL PAYING SUBS (MN) 7.20 6.75 8.46 6.64 8.28 7.06 6.69 7.76 5.70 5.98 6.9 5.63 4.93 6.45 4.60 Q3 2017 Q4 2017 Q1 2018 Q2 2018 Q3 2018 Q3 2017 Q4 2017 Q1 2018 Q2 2018 Q3 2018 Q3 2017 Q4 2017 Q1 2018 Q2 2018
Slide 15: KEY KPIs – CATV Business - Phase wise
KEY KPIs – CATV Business - Quarter wise (Consolidated)* PHASE WISE SEEDED BOX (MN)– Q3 FY 18* PHASE WISE ACTIVE SUBS (MN)– Q3 FY 18* 2.98 2.69 2.55 2.25 2.20 1.68 0.74 0.58 Phase I Phase II Phase III Phase IV Phase I Phase II Phase III Phase IV PHASEWISE DIGITAL PAYING SUBS (MN)– Q3 FY 18* PHASE WIS
Slide 16: KEY KPIs – Broadband Business - Quarter wise
KEY KPIs – Broadband Business - Quarter wise* HOME PASS (MN) SUBSCRIBER (MN) ARPU (INR) (NET OF TAXES) 1.24 0.272 487 487 486 0.260 1.15 0.250 1.11 480 0.240 1.08 1.02 0.220 472 Q3 2017 Q4 2017 Q1 2018 Q2 2018 Q3 2018 Q3 2017 Q4 2017 Q1 2018 Q2 2018 Q3 2018 Q3 2017 Q4 2017 Q1 2018 Q2 2018 Q3 2018 15
Slide 17: Financial Results Q3 FY2018 and 9M FY2018
GTPL Hathway Limited 3) Financial Results Q3 FY2018 and 9M FY2018 16
Slide 18: Financial Results – Q3 FY 2018
Financial Results – Q3 FY 2018 Presentation Includes following financials: 1) GTPL Hathway Limited – Listed Company (Standalone) 2) GTPL Broadband Private Limited – 100% Subsidiary of GTPL Hathway Limited (Broadband) - provides Broadband Services 3) GTPL Kolkata Cable & Broadband Pariseva Limited (K
Slide 19: Performance – Q3 FY 2018 and 9M FY 2018 - Summary
Performance – Q3 FY 2018 and 9M FY 2018- Summary (IND AS)* Q3 FY 2018 Particulars (INR MN) GTPL Hathway Standalone Broadband KCBPL Revenue 1955 344 447 EBITDA 634 101 160 PAT 238 39 28 9M FY 2018 Particulars (INR MN) GTPL Hathway Standalone Broadband KCBPL Revenue 5572 993 1171 EBITDA 1790 277 342 P
Slide 20: Standalone Financial Results Highlights
Standalone Financial Results Q3 FY 2018 and 9M FY 2018 Highlights (IND AS) Y-O-Y Revenue up by 23% ; Q-O-Q Revenue up by 7% QUARTER-3 Y-O-Y EBITDA up by 46% ; Q-O-Q EBITDA up by 8% 1 FINANCIALS Y-O-Y PAT up by 478% ; Q-O-Q PAT up by 101% EBITDA Margin at 32.4% ; Y-O-Y increase of 530 basis points 9M
Slide 21: Standalone Financial Results Q3 FY18 and 9M FY18 Highlights
Standalone Financial Results Q3 FY18 and 9M FY18 Highlights (IND AS) Total Revenue (INR mn) EBITDA (INR mn) PAT (INR mn) Quarterly Comparison 238 1,955 634 1,835 585 1,593 119 433 41 Q3 FY17 Q2 FY18 Q3 FY18 Q3 FY17 Q2 FY18 Q3 FY18 Q3 FY17 Q2 FY18 Q3 FY18 9 Monthly Comparison 505 5,572 1,790 4,496 1,
Slide 22: Standalone Financials (IND AS)
Standalone Financials (IND AS)* Particulars (INR mn) Q3 FY18 Q2 FY18 Q-O-Q % Q3 FY17 Y-O-Y% 9M FY18 9M FY17 9M-O-9M% FY'17 Revenue Subscription CATV 1,063 1,001 6% 825 29% 2,966 2,338 27% 3180 Placement 587 588 0% 523 12% 1,753 1,547 13% 2114 Activation 180 175 3% 149 21% 531 424 25% 595 Other Opera
Slide 23: Broadband Financial Results Highlights
Broadband Financial Results Q3 FY 2018 and 9M FY 2018 Highlights (IND AS) Y-O-Y Revenue up by 7% ; Q-O-Q Revenue up by 4% QUARTER-3 Y-O-Y EBITDA up by 31% ; Q-O-Q EBITDA up by 10% 1 FINANCIALS Y-O-Y PAT up by 9% ; Q-O-Q up by 1% EBITDA Margin at 29.3% ; Y-O-Y increase of 520 basis points 9M-O-9M Rev
Slide 24: Broadband Financial Results Q3 FY18 and 9M FY18 Highlights
Broadband Financial Results Q3 FY18 and 9M FY18 Highlights (IND AS) Total Revenue (INR mn) EBITDA (INR mn) PAT (INR mn) Quarterly Comparison 39.4 344 101 39.1 92 331 77 321 36.1 Q3 FY17 Q2 FY 18 Q3 FY18 Q3 FY17 Q2 FY 18 Q3 FY18 Q3 FY17 Q2 FY 18 Q3 FY18 9 Monthly Comparison 993 277 115 94 866 208 9M
Slide 25: Broadband Financials (IND AS)
Broadband Financials (IND AS)* GTPL Broadband PVT LTD FY 2017-2018 Particulars (INR mn) Q3 FY18 Q2 FY 18 Q-O-Q % Q3 FY17 Y-O-Y% 9M FY18 9M FY17 9M-O-9M% FY'17 Revenue Broadband-ISP 342 331 3% 320 7% 991 866 15% 1,200 Other Income 1 0 724% 0 1705% 2 1 143% 2 Total Income 344 331 4% 321 7% 993 866 15%
Slide 26: KCBPL Financial Results Highlights
KCBPL Financial Results Q3 FY 2018 and 9M FY 2018 Highlights (IND AS) Y-O-Y Revenue up by 61% ; Q-O-Q Revenue up by 12% Y-O-Y EBITDA up by 617% ; Q-O-Q EBITDA up by 34% QUARTER-3 1 Y-O-Y PAT positive at INR 28mn from negative 41 mn; FINANCIALS Q-O-Q PAT up by 2676% EBITDA Margin at 35.7% ;Y-O-Y incr
Slide 27: KCBPL Financial Results Q3 FY18 and 9M FY18 Highlights
KCBPL Financial Results Q3 FY18 and 9M FY18 Highlights (IND AS) Total Revenue (INR mn) EBITDA (INR mn) PAT (INR mn) Quarterly Comparison 28 447 160 398 119 1 278 Q3 FY 17 Q2 FY 18 Q3 FY 18 22 Q3 FY 17 Q2 FY 18 Q3 FY 18 Q3 FY 17 Q2 FY 18 Q3 FY 18 (41) 9 Monthly Comparison 1171 342 17 843 9M FY17 9M F
Slide 28: KCBPL Financials (IND AS)
KCBPL Financials (IND AS)* GTPL Kolkata Cable & Broadband LTD FY 2017-2018 Particulars (INR mn) Q3 FY 18 Q2 FY 18 Q-O-Q % Q3 FY 17 Y-O-Y% 9M FY18 9M FY17 Y-O-Y% FY'17 Revenue Subscription CATV 303 256 18% 179 69% 760 527 44% 719 Placement 77 80 -4% 69 12% 236 223 6% 302 Activation 47 56 -16% 16 193%
Slide 29: Safe Harbor
SAFE HARBOR The information contained in this presentation is only current as of its date. All actions and statements made herein or otherwise shall be subject to the applicable laws and regulations as amended from time to time. There is no representation that all information relating to the context
Slide 30: Concall Details
29 Concall Details CONFER Out of the Ordinary* 6 GTPL Investec Investec India is pleased to host the management of GTPL Hathway Ltd. for a conference call with investors and analysts to discuss their Q3FY18 Financial Results Thursday, 15‘ February 2018, at 1600 hrs IST COMPANY PARTICIPANTS: Mr. Anir
Slide 31: Thank You
Thank You 30