Gtpl Hathway Ltd · NSE:GTPL
Gtpl Hathway — Q2 FY26 Earnings Presentation
31 slides from Gtpl Hathway's earnings presentation, Oct 14, 2025
Slide 1: Intimation of Investor Presentation to Stock Exchanges
Ref. No.: GTPL/SE/2025 October 14, 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 – 400 051 Scrip Code: 540602 Trading Symbol: GTPL Dear Sir/Madam, Su
Slide 2: GTPL Hathway Limited Q2 FY26 Results Update
GTPL Hathway Limited Q2 FY26 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 24 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 0
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 Network Operating Centre (NOC) in wide services Ahmedabad, Gujarat forms the • 2nd Headend in Kolkata, West Bengal backbone of operations ensuring to enhance coverage and service smo
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 • 48,000+ 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 – 9.50 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 the Cable TV households d
Slide 15: Key Performance Indicators
Key Performance Indicators 14
Slide 16: Cable TV Business Performance
Cable TV Business Performance Active Subscribers at 9.50 Mn by Q2 FY26 9.50 Mn 8.80 Mn Active STBs1 Paying Subscribers Paying Subscribers at 8.80 Mn by Q2 FY26 48K+ 80%+ Launched new value-for-consumer bundled services Business Partners Digital Collection through the GTPL Buzz App Expanding aggressi
Slide 17: Cable TV Business: Quarterly
Cable TV Business: Quarterly* Active1 Subscribers (Mn) Paying Subscribers (Mn) 9.50 9.60 9.60 9.60 9.50 8.80 8.90 8.90 8.90 8.80 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 * FY = Apr-Mar, Q1 = Apr-Jun, Q2 = Jul-Sep, Q3 = Oct-Dec, Q4 = Jan-Mar 1Active = Active dur
Slide 18: Broadband Business Performance
Broadband Business Performance Increase of 10K (1%) Subscribers Y-o-Y 1050K 5.95Mn Active Subscribers Homepass ARPU of ₹ 465 as of Sep 25; increased by ₹ 5 Y-o-Y 410GB 2% Enhanced High Speed Broadband Service offering up to Average Data Y-o-Y Revenue 200 Mbps coupled with Truly Unlimited Data Consum
Slide 19: Broadband Business: Quarterly
Broadband Business: Quarterly* Homepass (Mn) Active Subscriber’s (‘000) ARPU (₹) (Net of Taxes) 5.95 5.95 5.95 5.95 5.95 460 465 465 465 465 1,040 1,042 1,045 1,050 1,050 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 * FY = Ap
Slide 20: Consolidated Financials
Consolidated Financials eovcce eovcce
Slide 21: Financial Highlights: Consolidated
Financial Highlights : Consolidated * Total Revenue up by 6% Q-o-Q & 12% Y-o-Y 1 Revenue ISP Revenue up by 2% Q-o-Q & 2% Y-o-Y EBITDA of ₹ 1,101 Mn in Q2 FY26 2 EBITDA EBITDA Margin stands at 11.4% in Q2 FY26 3 PBT PBT of ₹ 108 Mn in Q2 FY26 * FY = Apr-Mar, Q1 = Apr-Jun, Q2 = Jul-Sep, Q3 = Oct-Dec,
Slide 22: Profit & Loss Statement: Consolidated
Profit & Loss Statement: Consolidated * In ₹ Mn Particulars Q2 FY26 Q1 FY26 Q-o-Q% Q2 FY25 Y-o-Y% FY25 Revenue Subscription Income CATV 3,024 3,018 0% 3,129 -3% 12,327 Broadband ISP 1,393 1,359 2% 1,367 2% 5,456 Placement / Carriage / Marketing Incentive 4,885 4,315 13% 3,793 29% 15,693 Activation 2
Slide 23: Analysis on Operating Margin: Consolidated
Analysis on Operating Margin : Consolidated * In ₹ Mn Particulars Q2 FY26 Q1 FY26 Q-o-Q% Q2 FY25 Y-o-Y% FY25 Revenue Subscription Income CATV 3,024 3,018 0% 3,129 -3% 12,327 Broadband ISP 1,393 1,359 2% 1,367 2% 5,456 Other Operating Income 261 318 -18% 224 17% 1,134 Total Income 4,678 4,695 4,720 1
Slide 24: Balance Sheet: Consolidated
Balance Sheet: Consolidated * In ₹ Mn As on 30th As on 31st As on 30th As on 31st Liabilities Assets Sep 2025 Mar 2025 Sep 2025 Mar 2025 Equity Non-Current Assets Equity Share Capital 1,125 1,125 Fixed Assets 21,764 21,755 Other Equity 11,613 11,804 Financial Assets Total Equity 12,737 12,929 Invest
Slide 25: Standalone Financials
Standalone Financials eovcce eovcce
Slide 26: Financial Highlights: Standalone
Financial Highlights : Standalone * 1 Revenue Total Revenue up by 7% Q-o-Q & 17% Y-o-Y EBITDA of ₹ 593 Mn in Q2 FY26 2 EBITDA EBITDA Margin stands at 9.3% in Q2 FY26 3 PBT PBT of ₹ 73 Mn in Q2 FY26 * FY = Apr-Mar, Q1 = Apr-Jun, Q2 = Jul-Sep, Q3 = Oct-Dec, Q4 = Jan-Mar 25
Slide 27: Profit & Loss Statement: Standalone
Profit & Loss Statement : Standalone * In ₹ Mn Particulars Q2 FY26 Q1 FY26 Q-o-Q% Q2 FY25 Y-o-Y% FY25 Revenue Subscription Income CATV 2,191 2,250 -3% 2,207 -1% 8,651 Placement / Carriage / Marketing Incentive 3,831 3,305 16% 2,881 33% 11,831 Activation 13 13 1% 16 -16% 67 Other Operating Income 322
Slide 28: Balance Sheet: Standalone
Balance Sheet : Standalone * In ₹ Mn As on 30th As on 31st As on 30th As on 31st Liabilities Assets Sep 2025 Mar 2025 Sep 2025 Mar 2025 Equity Non-Current Assets Equity Share Capital 1,125 1,125 Fixed Assets 9,864 9,676 Other Equity 7,830 7,945 Financial Assets Total Equity 8,954 9,070 Investments 4
Slide 29: Investor Conference Call Details
Investor Conference Call Details 28
Slide 30: 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 31: 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 Ms. Darshi Jain +91 96531 39