Gtpl Hathway Ltd · NSE:GTPL
Gtpl Hathway — Q4 FY25 Earnings Presentation
33 slides from Gtpl Hathway's earnings presentation, Apr 16, 2025
Slide 1: Intimation of Investor Presentation to stock exchanges
Ref. No.: GTPL/SE/2025 April 16, 2025 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:
Slide 2: GTPL Hathway Limited Q4 & FY25 Results Update
GTPL Hathway Limited Q4 & FY25 Results Update
Slide 3: Table of Contents
Table of Contents 01 Company Overview 3 02 Industry Dynamics & Growth Strategy 9 03 Key KPIs 14 04 Consolidated Financials 19 05 Standalone Financials 25 2
Slide 4: Company Overview
Entertain | Connect Company Overview or
Slide 5: Leader Across Key Markets
Leader Across Key Markets 01 # Commenced Business in 2006 # Footprint in 1,500+ towns in 26 States 02 # Connecting 12+ Mn Households # No.1* MSO in India 03 # No.1 MSO in Gujarat # No.2 in West Bengal # Leading private Wireline Broadband Player 04 # No. 1 in Gujarat** # 1+ Mn Broadband subscribers #
Slide 6: Value Creation Over The Period Of Time
Value Creation Over The Period Of Time ~1.6x growth in last 8 • PAT Positive for last 8 years for Digital Cable TV Free Cash Flow (FCF) years generated for last 8 years • IND AA-/Stable ~4.4x growth in last 8 • IND A1+ (WC) years for Broadband by ‘India Ratings’ Growth Net Worth Dividend Subscriber
Slide 7: Enhanced Infrastructure
Enhanced Infrastructure Headend Infra NOC Infra • Mother Headend in Ahmedabad, Gujarat serves as epicenter for nation wide services Network Operating Centre (NOC) in Ahmedabad, Gujarat forms the • 2nd Headend in Kolkata, West Bengal to enhance coverage and service backbone of operations ensuring qua
Slide 8: Technology Partners – Best in Industry
Technology Partners – Best in Industry Cloud Infrastructure Headend NOC** CPE* Digital Partner Security Digital Service Partner Database Digital Presence SMS*** ERP## Inhouse BSS Apps# The brand names mentioned are the property of their respective owners and are used here for identification purpose
Slide 9: Inherent Strengths
Inherent Strengths Preferred Partner 01 Pioneer Offerings 02 Leveraging Technology 03 • Launched Consumer application “GTPL Buzz” • Strategic partnerships with industry leaders • 47,000+ Business Partners with features such as Live TV, Distro TV and like Oracle, Nokia, Aprecomm, Nagra, • 200+ Broadc
Slide 10: Industry Dynamics & Growth Strategy
Industry Dynamics & Growth Strategy 9
Slide 11: Huge Runway for Growth
Huge Runway for Growth Total TV households that can be targeted Total broadband connections that can be targeted ~180 Mn households* ~150 Mn households* GTPL Hathway’s Cable Subscribers – 9.60 Mn GTPL Hathway’s Wireline Broadband Subscribers – 1.0+ Mn Number of fixed broadband subscriptions per 100
Slide 12: Capitalising on Favourable Industry Tides
Capitalising on Favourable Industry Tides TV subscription in the company’s target domain will Total TV subscriptions expected to grow to 214 million by 2030, driven by a rising continue to exhibit healthy growth driving overall number of Indian households and increasing per capita income operational
Slide 13: Strategies to Enhance Cable TV Business
Strategies to Enhance Cable TV Business • Opportunities to add and consolidate smaller/regional players catering to ~40 Mn Cable TV Households INORGANIC ACQUISITIONS • Increase in compliances leads to consolidation of industry & also triggered by cancellation of licenses by MIB of non-compliant MSOs
Slide 14: Multiple Growth Levers for Broadband Business
Multiple Growth Levers for Broadband Business Acquiring Customers Market Size & Geographies Driving Growth Staying Competitive • Increased Focus on B2B model • Potential to convert 12+ Mn GTPL Digital • Improved content offerings - OTT • Digital and broadband initiatives by Cable TV households distr
Slide 15: Key Performance Indicators
Key Performance Indicators 14
Slide 16: Cable TV Business Performance
Cable TV Business Performance Increased Active Subscribers by 100K Y-o-Y 9.60Mn 8.90Mn Active STBs1 Paying Subscribers Increased Paying Subscribers by 100K Y-o-Y 47K+ 80%+ Launched new value-for-consumer bundled services through Business Partners Digital Collection the GTPL Buzz App Expanding aggres
Slide 17: Cable TV Business: Annual
Cable TV Business: Annual* Active1 Subscribers (Mn) Paying Subscribers (Mn) 9.50 9.60 8.80 8.90 8.95 8.20 8.40 7.80 8.00 7.50 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 # Active Subscribers increased by 100K Y-o-Y # Paying Subscribers increased by 100K Y-o-Y * FY = Apr-Mar, Q1 = Apr-Jun, Q2 =
Slide 18: Broadband Business Performance
Broadband Business Performance Increase of 25K (2%) Subscribers Y-o-Y 1045K 5.95Mn Active Subscribers Home-pass ARPU of ₹ 465 as of March 25; increased by ₹ 5 Y-o-Y 396GB 4% Enhanced High Speed Broadband Service offering up to 200 Average Data Y-o-Y Revenue Mbps coupled with Truly Unlimited Data con
Slide 19: Broadband Business: Annual
Broadband Business: Annual* Homepass (Mn) Active Subscriber’s (‘000) ARPU (₹) (Net of Taxes) 5.95 5.80 460 460 465 5.30 1,045 445 450 1,020 4.70 920 816 3.87 635 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 # Homepass increased by 150K Y-o-Y # ACB increased by 25K Y-o-Y
Slide 20: Consolidated Financials
Consolidated Financials eovcce eovcce
Slide 21: Financial Highlights : Consolidated
Financial Highlights : Consolidated * Total Revenue up by 8% Annually & 10% Y-o-Y 1 Revenue ISP Revenue up by 4% Annually & 4% Y-o-Y EBITDA of ₹ 4,625 Mn in FY25 & ₹ 1,144 Mn in Q4 FY25 2 EBITDA EBITDA Margin stands at 13.2% in FY25 3 PBT PBT of ₹ 641 Mn in FY25 & ₹ 124 Mn in Q4 FY25 Board of Direct
Slide 22: Financial Highlights : Consolidated
Financial Highlights : Consolidated * Total Revenue CATV Subscription Revenue Broadband Revenue 35,072 12,327 5,456 4,490 9,418 1,279 3.7x 2.7x 4.3x FY17 FY25 FY17 FY25 FY17 FY25 EBITDA PAT Net Worth 4,625 479 11,639 400 2,406 3,872 1.9x 1.2x 3.0x FY17 FY25 FY17 FY25 FY17 FY25 * FY = Apr-Mar, Q1 = A
Slide 23: Profit & Loss Statement: Consolidated
Profit & Loss Statement: Consolidated * In ₹ Mn Particulars Q4 FY25 Q3 FY25 Q-o-Q% Q4 FY24 Y-o-Y% FY25 FY24 Annual% Revenue Subscription Income CATV 2,982 3,024 -1% 3,148 -5% 12,327 12,604 -2% Broadband ISP 1,358 1,383 -2% 1,308 4% 5,456 5,268 4% Placement / Carriage / Marketing Incentive 4,204 4,14
Slide 24: Analysis on Operating Margin : Consolidated
Analysis on Operating Margin : Consolidated * In ₹ Mn Particulars Q4 FY25 Q3 FY25 Q-o-Q% Q4 FY24 Y-o-Y% FY25 FY24 Annual% Revenue Subscription Income CATV 2,982 3,024 -1% 3,148 -5% 12,327 12,604 -2% Broadband ISP 1,358 1,383 -2% 1,308 4% 5,456 5,268 4% Other Operating Income 323 287 13% 226 43% 1,13
Slide 25: Balance Sheet : Consolidated
Balance Sheet : Consolidated In ₹ Mn As on 31st As on 31st As on 31st As on 31st Liabilities Assets Mar 2025 Mar 2024 Mar 2025 Mar 2024 Equity Non-Current Assets Equity Share Capital 1,125 1,125 Fixed Assets 21,755 21,177 Other Equity 11,804 11,742 Financial Assets Total Equity 12,929 12,867 Investm
Slide 26: Standalone Financials
Standalone Financials eovcce eovcce
Slide 27: Financial Highlights : Standalone
Financial Highlights : Standalone 1 Revenue Total Revenue up by 8% Annually & 10% Y-o-Y EBITDA of ₹ 2,658 Mn in FY25 & ₹ 663 Mn in Q4 FY25 2 EBITDA EBITDA up by ₹ 10 Mn Q-o-Q EBITDA Margin stands at 12 % in FY25 3 PBT PBT of ₹ 686 Mn in FY25 & ₹ 151 Mn in Q4 FY25 4 PAT PAT of ₹ 477 Mn in FY25 & ₹ 80
Slide 28: Profit & Loss Statement : Standalone
Profit & Loss Statement : Standalone In ₹ Mn Particulars Q4 FY25 Q3 FY25 Q-o-Q% Q4 FY24 Y-o-Y% FY25 FY24 Annual% Revenue Subscription Income CATV 2,083 2,112 -1% 2,212 -6% 8,651 8,886 -3% Placement / Carriage / Marketing Incentive 3,140 3,084 2% 2,588 21% 11,831 10,069 17% Activation 12 15 -19% 19 -
Slide 29: Analysis on Operating Margin : Standalone
Analysis on Operating Margin : Standalone * In ₹ Mn Particulars Q4 FY25 Q3 FY25 Q-o-Q% Q4 FY24 Y-o-Y% FY25 FY24 Annual% Revenue Subscription Income CATV 2,083 2,112 -1% 2,212 -6% 8,651 8,886 -3% Other Operating Income 387 351 10% 271 43% 1,386 1,221 14% Total Income 2,470 2,463 0% 2,483 -1% 10,036 1
Slide 30: Balance Sheet : Standalone
Balance Sheet : Standalone In ₹ Mn As on 31st As on 31st As on 31st As on 31st Liabilities Assets Mar 2025 Mar 2024 Mar 2025 Mar 2024 Equity Non-Current Assets Equity Share Capital 1,125 1,125 Fixed Assets 9,676 8,747 Other Equity 7,945 7,917 Financial Assets Total Equity 9,070 9,042 Investments 3,9
Slide 31: Investor Conference Call Details
Investor Conference Call Details 30
Slide 32: 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 33: Thank You
Company : Mr. Piyush Pankaj Business Head B2B - (CATV & Broadband) Chief Strategy Officer +91 98113 21102 piyush.pankaj@gtpl.net Investor Relations Advisors : MUFG Intime India Private Limited A part of MUFG Corporate Markets, a division of MUFG Pension & Market Services Mr. Irfan Raeen +91 97737 78