Gtpl Hathway Ltd · NSE:GTPL

Gtpl Hathway — Q2 & H1 FY22 Earnings Presentation

40 slides from Gtpl Hathway's earnings presentation, Oct 14, 2021

  1. Slide 1: Exchange filing cover letter

    Ref. No.: GTPL/SE/2021 October 14, 2021 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Plot No. C/1, G Block, Mumbai 400 001 Bandra Kurla Complex, Bandra (East), Mumbai – 400051 Scrip Code: 540602 Trading Symbol: GTPL Dear Sir/Madam, Sub

  2. Slide 2: Q2 & H1 FY22 Results Update

    Q2 & H1 FY22 GTPL Hathway Limited RESULTS UPDATE OCTOBER 2021

  3. Slide 3: Discussion Summary

    DISCUSSION SUMMARY 1 Company Overview & Strategy 3 - 18 2 Key KPIs 19 - 21 3 Consolidated Financials 22 - 30 4 Standalone Financials 31 - 36

  4. Slide 4: Company Overview & Strategy

    Company Overview & Strategy

  5. Slide 5: Leader across Key Cable Markets in India

    Leader across Key Cable Markets in India Commenced Business in 2006 01 Footprint in 1,000+ towns across 15 States Rajasthan 02 reaching 10+ Mn Households Tripura Gujarat West Bengal #No.2* MSO in India 03 #No.1 MSO in Gujarat | #No.2 in WB Maharashtra Telangana #No. 6* Private Wireline Broadband Pla

  6. Slide 6: Key Highlights

    Key Highlights Consistent Subscriber Base Growth Performance • ~2x growth in last 5 years • ~24% CAGR growth in • PAT Positive for last for CATV Revenue in last 5 years Consecutive 5 years • ~3.6x growth in last 5 years • ~28% CAGR growth in • “IND A+/Stable” Rating for Broadband EBITDA in last 5 ye

  7. Slide 7: Financial Performance: Consolidated

    Financial Performance : Consolidated* Key Financial Highlights (in ₹ Mn) H1 FY22 H1 FY21 FY21 Incl. Excl. Incl. Excl. Incl. Excl. EPC. EPC. EPC. EPC. EPC. EPC. REVENUE 12,159 11,835 10,867 9,870 25,300 21,484 EBITDA 2,828 2,805 2,675 2,602 5,724 5,455 PAT 908# 862 1,885 # Exceptional Items (Loss on

  8. Slide 8: Business Performance

    Business Performance 735K 4.20 Mn 8.05 Mn 7.35 Mn Active Home- Active1 Paying Subscribers Pass Subscribers Subscribers #45K increase Q-o-Q #330K increase in H1 Broadband 80% 100% 275K ₹ 440/- CATV Collection through base in Prepaid FTTX Digital Mode Business Subscribers ARPU 3% 29,500+ 10% 200 Mbps

  9. Slide 9: Brand Ambassador and Campaign Launch

    Brand Ambassador and Campaign Launch First ever Brand Ambassador Mr. Boman Irani Theme Song “Connection Dil Se” by Sachin-Jigar 4 TVCs launched; Campaign across Satellite Channels, Multi-Media and Social Networks 8

  10. Slide 10: ISO Certified

    ISO Certified GTPL Hathway Ltd. GTPL Broadband Pvt. Ltd. 9

  11. Slide 11: GTPL in India's Top Companies in H1 FY22

    GTPL in India’s Top 500 Companies in H1 FY22 ✓ Recognized as one of “India’s Top 500 Companies” by Dun & Bradstreet in the listing published for 2021. Income #401 Net Profit #424 Net Worth #442 10

  12. Slide 12: GIVA: Industry first chatbot

    GIVA : Industry first chatbot GTPL Interactive 24x7 WhatsApp CATV & Virtual Assistant Broadband (GIVA) Support based chatbot businesses 11

  13. Slide 13: Key Inherent Strength of GTPL Hathway

    Key Inherent Strength of GTPL Hathway Leadership Position in Located in Consumption High Quality Technology Trusted Partner Operating Markets Market and Infrastructure • #2 MSO in India, • State-of-the-Art Next • Versatile Presence • 29,500+ LCOs as Generation Video #1 in Gujarat, Business Partners

  14. Slide 14: Cutting Edge Technology and Infrastructure

    Cutting Edge Technology and Infrastructure Advanced technology and equipment provided by leading technology vendors Technology Partners Headend: • 2 Main Headend. Headend • Mother Headend & Network Operating Centre (NOC) in Ahmedabad (Gujarat), capable to cater across India. STBs & • 2nd Main Headen

  15. Slide 15: Experienced Management Team with Strong Track Record

    Experienced Management Team with Strong Track Record Anirudhsinhji Jadeja A zealous entrepreneur; started with cable operations in 90s and shaped GTPL in 2006; has many accomplishments to his Promoter and MD credit and has won numerous industry/social awards Anil Bothra CA,CS and CMA with 26 years o

  16. Slide 16: Industry at a Glance

    Industry at a Glance Cable & Broadband Cable Broadcasters DPOs Local Cable Operators Consumers Pay : 20+ MSOs/ISOs: 1500+ (LCOs) (60,000+) FTA : 200+ Others : 11 (210 Mn) Cable Transmission of Signals MSOs also provide Broadband Services to their consumers directly Flow of Monies 300+ Mn Households

  17. Slide 17: Industry at a Glance

    Industry at a Glance 1 TV Industry Revenues in ₹ Bn 2 TV Households in Mn Advertisement Subscription Free Pay 778 210 516 197 652 183 170 171 428 161 552 368 262 224 184 40 22 26 FY16 FY18 FY20 2016 2018 2020 Source : * FY = Apr- Mar 16 1. KPMG India’s Report Media and Entertainment,2020 2. TV Unive

  18. Slide 18: Growth Opportunities: Wireline Broadband

    Growth Opportunities : Wireline Broadband Wireline Broadband % Penetration of Total HHs# Around the Globe Japan - 80% Eurozone - 70% China - 55% • Gigantic Growth Gear for Wireline broadband with meagre 6% Homes on 300+ Millions Homes in India. • Propel of High-Speed Unlimited data packages increase

  19. Slide 19: Growth Opportunities

    Growth Opportunities • Provide CATV services as a bundle • Expand GTPL Footprints in Existing Expansion ❖ With Broadband & OTT services Markets. Hybrid • Tie-up with different service providers • Venture into New Markets through • Up-sell current customers & add new acquisitions and consolidations.

  20. Slide 20: Key KPIs

    | Key KPls

  21. Slide 21: Key KPIs: CATV Business: Quarterly

    KEY KPIs : CATV Business : Quarterly : Consolidated* Active Subscribers (Mn)1 Paying Subscribers (Mn) 7.90 8.00 8.00 8.05 7.50 7.85 7.30 7.35 7.30 7.35 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 20 * FY = Apr-Mar, Q1 = Apr-Jun, Q2 = Jul-Sep, Q3 = Oct-Dec, Q4 = Ja

  22. Slide 22: Key KPIs: Broadband Business: Quarterly

    KEY KPIs : Broadband Business : Quarterly* Home-pass (Mn) Active Subscribers (‘000) ARPU (₹) (Net of Taxes) 4.20 4.10 445 445 440 440 735 430 3.87 690 3.80 3.72 635 590 535 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 # 330K

  23. Slide 23: Consolidated Financials

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  24. Slide 24: Financial Highlights: Consolidated

    Financial Highlights : Consolidated * (Ex EPC) Total Revenue up by 20% H-o-H; 18% Y-o-Y; 3% Q-o-Q 1 Revenue Subscription Revenue up by 3% Q-o-Q ISP Revenue up by 61% H-o-H; 50% Y-o-Y; 10% Q-o-Q 2 Expenses Finance cost down by 62% H-o-H; 40% Y-o-Y EBITDA of ₹ 2,805 Mn in H1 FY22; ₹ 1,443 Mn in Q2 FY2

  25. Slide 25: Financial Performance Trend: Consolidated

    Financial Performance Trend: Consolidated* (Ex EPC) Total Revenue (In ₹ Mn) EBITDA (In ₹ Mn) Quarterly 1,443 5,843 5,992 1,362 1,336 5,091 + 3% + 6% + 18% + 8% Q2 FY21 Q1 FY22 Q2 FY22 Q2 FY21 Q1 FY22 Q2 FY22 Half Yearly 11,835 2,805 9,870 2,602 + 20% + 8% H1 FY21 H1 FY22 H1 FY21 H1 FY22 24 * FY = Ap

  26. Slide 26: Financial Performance Trend: Consolidated

    Financial Performance Trend: Consolidated* (Ex EPC) Subscription Revenue (In ₹ Mn) ISP Revenue (In ₹ Mn) Quarterly 1,006 2,677 2,641 2,715 918 670 + 3% + 10% + 1% + 50% Q2 FY21 Q1 FY22 Q2 FY22 Q2 FY21 Q1 FY22 Q2 FY22 Half Yearly 5,330 5,356 1,924 1,196 + 0.5% + 61% H1 FY21 H1 FY22 H1 FY21 H1 FY22 25

  27. Slide 27: Profit & Loss Statement: Consolidated: H-o-H

    Profit & Loss Statement : Consolidated* : H-o-H In ₹ Mn H1 FY22 H1 FY21 FY21 H1 FY22 H1 FY22 H1 FY21 H1 FY21 H1-o-H1% FY21 FY21 Particulars EPC EPC EPC Ex. EPC Total Ex. EPC Total (Ex. EPC) Ex. EPC Total Contract Contract Contract Revenue Subscription CATV 5,356 - 5,356 5,330 - 5,330 0.5% 10,712 - 1

  28. Slide 28: Profit & Loss Statement: Consolidated: Q-o-Q

    Profit & Loss Statement : Consolidated* : Q-o-Q In ₹ Mn Q2 FY22 Q1 FY22 Q2 FY21 FY21 Q2 FY22 Q2 FY22 Q1 FY22 Q1 FY22 Q-o-Q% Q2 FY21 Q2 FY21 Y-o-Y% FY21 FY21 Particulars EPC EPC EPC EPC Ex. EPC Total Ex. EPC Total (Ex. EPC) Ex. EPC Total (Ex. EPC) Ex. EPC Total Contract Contract Contract Contract Rev

  29. Slide 29: Balance Sheet: Consolidated

    Balance Sheet : Consolidated In ₹ Mn 28

  30. Slide 30: Financial Performance: Consolidated

    Financial Performance : Consolidated Net Worth (In ₹ Mn) Net Debt (In ₹ Mn) 9,241 8,801 2,064 1,958 7,283 6,577 6,648 1,279 Net Debt-free (11) (106) FY18 FY19 FY20 FY21 H1 FY22 FY18 FY19 FY20 FY21 H1 FY22 29 * FY = Apr-Mar, H1/H = Apr-Sep | Consolidated |

  31. Slide 31: Financial Performance: Consolidated

    Financial Performance : Consolidated Return on Capital Employed Return on Equity (ROE In %) ROCE (In %) 34% 35% 21% # ## 33% # 20% 19% 19% ## 11% 9% ## 3% FY18 FY19 FY20 FY21 H1 FY22 FY18 FY19 FY20 FY21 H1 FY22 ROCE =(EBIT ÷ Capital Employed) X 100 ROE = (PAT attributable to Owners of the Company ÷

  32. Slide 32: Standalone Financials

    Standalone Financials

  33. Slide 33: Financial Highlights: Standalone

    Financial Highlights : Standalone * (Ex EPC) Total Revenue up by 12% H-o-H; 11% Y-o-Y 1 Revenue Subscription Revenue up by 2% Y-o-Y; 3% Q-o-Q 2 Expenses Finance cost down by 50% H-o-H; 42 Y-o-Y; 12% Q-o-Q EBITDA of ₹ 1,572 Mn in H1 FY22; ₹ 794 Mn in Q2 FY22 3 EBITDA Up by ₹ 16 Mn (2%) Q-o-Q EBITDA M

  34. Slide 34: Financial Performance Trend: Standalone

    Financial Performance Trend: Standalone* (Ex EPC) Total Revenue (In ₹ Mn) EBITDA (In ₹ Mn) Quarterly 830 778 794 3,740 3,757 3,390 + 0.5% + 2% + 11% - 4% Q2 FY21 Q1 FY22 Q2 FY22 Q2 FY21 Q1 FY22 Q2 FY22 7,497 Half Yearly 6,667 1,626 1,572 + 12% - 3% H1 FY21 H1 FY22 H1 FY21 H1 FY22 33 * FY = Apr-Mar,

  35. Slide 35: Profit & Loss Statement: Standalone: H-o-H

    Profit & Loss Statement : Standalone* : H-o-H In ₹ Mn H1 FY22 H1 FY21 FY21 H1 FY22 H1 FY22 H1 FY21 H1 FY21 H1-o-H1% FY21 FY21 Particulars EPC EPC EPC Ex. EPC Total Ex. EPC Total (Ex. EPC) Ex. EPC Total Contract Contract Contract Revenue Subscription CATV 3,723 - 3,723 3,690 - 3,690 1% 7,397 - 7,397

  36. Slide 36: Profit & Loss Statement: Standalone: Q-o-Q

    Profit & Loss Statement : Standalone* : Q-o-Q In ₹ Mn Q2 FY22 Q1 FY22 Q2 FY21 FY21 Q2 FY22 Q2 FY22 Q1 FY22 Q1 FY22 Q-o-Q% Q2 FY21 Q2 FY21 Y-o-Y% FY21 FY21 Particulars EPC EPC EPC EPC Ex. EPC Total Ex. EPC Total (Ex. EPC) Ex. EPC Total (Ex. EPC) Ex. EPC Total Contract Contract Contract Contract Reven

  37. Slide 37: Balance Sheet: Standalone

    Balance Sheet : Standalone In ₹ Mn 36 | Standalone |

  38. Slide 38: Investor Conference Call Details

    Investor Conference Call Details 37

  39. Slide 39: 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

  40. Slide 40: Thank You

    Mr. Piyush Pankaj Business Head - CATV & Chief Strategy Officer Email: piyush.pankaj@gtpl.net IR Consultants Mr. Mehul Mehta Contact: +91 98202 80325 Mr. Hiral Keniya Contact: +91 90296 62801 Email: gtplhathway@dickensonworld.com THANK YOU

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