Gtpl Hathway Ltd · NSE:GTPL
Gtpl Hathway — Q3 FY26 Earnings Presentation
32 slides from Gtpl Hathway's earnings presentation, Jan 12, 2026
Slide 1: Intimation of Investor Presentation to Stock Exchanges
GTPL Hathway Limited CIN: L64204GJ2006PLC048908 AN ISO 27001:2013 & ISO 9001: 2015 CERTIFIED COMPANY Ref. No.: GTPL/SE/2026 January 12, 2026 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 Kurl
Slide 2: GTPL Hathway Limited Q3 FY26 Results Update
GTPL Hathway Limited Q3 FY26 Results Update
Slide 3: Table of Contents
Table of Contents 01 Company Overview 3 02 Industry Dynamics & Growth Strategy 12 03 Key KPIs 17 04 Consolidated Financials 22 05 Standalone Financials 26 2
Slide 4: Company Overview
Entertain | Connect Company Overview or
Slide 5: GTPL Leader Across Key Markets
Leader Across Key Markets _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _:::_.:Entertain I Connect GTPL 01 # Commenced Business in 2006 Bihar # Footprint in 1,500+ towns in 26 States and 02 4 Union Territories !, Jharkhand # Connecting 12 M
Slide 6: Value Creation Over The Period Of Time
Value Creation Over The Period Of Time =aTPL Entertain I Connect ~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
Slide 7: Enhanced Infrastructure
Enhanced Infrastructure GTPL Entertain I Connect 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
Slide 8: GTPL Infinity: Headend-In-The-Sky (HITS)
GTPL Infinity: Headend-In-The-Sky (HITS) =aTPL Entertain I Connect =~= GTPL INFINITY • GTPL Hathway Limited launched GTPL Infinity, it’s Headend in the Sky (HITS) platform on 29th Nov 2025. • GTPL Infinity is set to redefine digital broadcasting infrastructure and content delivery across India. • Sa
Slide 9: GTPL Infinity: Launch Activity
GTPL Infinity: Launch Activity GTPL Entertain I Connect ......... • • - L--1 ... - 111W =------~ ~ m _ Q~ ---· · Ch a lrpen1on o r Ti ta n Compa ny uoard :S,•--- SEE M0R IE O ' . ~ O!!!n AHMEDABAD: India, Nov. 29, 2025 /PRNewswire/ -- GTPL Hathway Li mited, 0 ~:!!.~ IUDfMl ■ lllt:Slnl.Ul,ut,- India'
Slide 10: HITS Platform: Powering GTPL Infinity
HITS Platform: Powering GTPL Infinity GTPL Entertain I Connect Platform Capabilities Key Strategic Benefits Value for Partners Strategic Impact o ~800 TV Channels, o Pan-India Expansion: o Quick infrastructure setup including ~100 HD with minimal capex o Unlocks new growth Enables entry into rural,
Slide 11: Technology Partners – Best in Industry
Technology Partners – Best in Industry GTPL Entertain I Connect Cloud Infrastructure Headend NOC** CPE* __;~.,, 0 NOKIA ORACLE broadpeak ~armOnlC, ZTE Cloud Infrastructure ORIENT VIEW aateme Transformi ng Video Delivery CHANGHONG TECHNOLOGY Digital Partner Security Digital Service Partner Database (
Slide 12: Inherent Strengths
Inherent Strengths =aTPLEntertain I Connect Preferred Partner 01 Pioneer Offerings 02 Leveraging Technology 03 • GTPL Buzz app with Live TV, Distro TV and • GTPL Infinity: Launched HITS platform which • 48,000+ Business Partners Blacknut Cloud Games enabled signal delivery at Pan-India. • 200+ Broad
Slide 13: Industry Dynamics & Growth Strategy
Industry Dynamics & Growth Strategy 12
Slide 14: Huge Runway for Growth
Huge Runway for Growth =aTPL Entertain I Connect 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 – 9.40 Mn GTPL Hathway’s Wireline Broadband Subscribers – 1.0+ Mn Natural Growth from TV
Slide 15: Capitalising on Favourable Industry Tides
Capitalising on Favourable Industry Tides =aTPL Entertain I Connect 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
Slide 16: Strategies to Enhance Cable TV Business
Strategies to Enhance Cable TV Business =aTPL Entertain I Connect • 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
Slide 17: Multiple Growth Levers for Broadband Business
Multiple Growth Levers for Broadband Business GTPL Entertain I Connect 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
Slide 18: Key Performance Indicators
Key Performance Indicators 17
Slide 19: Cable TV Business Performance
Cable TV Business Performance GTPL Entertain I Connect Active Subscribers at 9.40 Mn by Q3 FY26 ! 9.40 Mn / 8.70 Mn Active STBs1 / Paying Subscribers -~ __________________ / / Paying Subscribers at 8.70 Mn by Q3 FY26 48K+ 80%+ Launched GTPL Infinity to enable pan-India, HITS-based Business Partners
Slide 20: Cable TV Business: Quarterly
Cable TV Business: Quarterly* =aTPL Entertain I Connect [ Active1 Subscribers (Mn) _ _ _ _ _ ] [ Paying Subscribers (Mn) _ _ _ _ _ ] 9.60 9.60 9.60 9.50 9.40 8.90 8.90 8.90 8.70 8.80 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 * FY = Apr-Mar, Q1 = Apr-Jun, Q2 = Ju
Slide 21: Broadband Business Performance
Broadband Business Performance GTPL Entertain I Connect Maintaining subscriber base. Increased by 18K Y-o-Y 1060K / 5.95Mn Active Subscribers __________________ / / / Homepass ARPU of ₹ 465 as of Dec 25 / 410 GB 4% Enhanced High Speed Broadband Service offering up to __________________/ / / Average
Slide 22: Broadband Business: Quarterly
Broadband Business: Quarterly* =aTPL Entertain I Connect ( Homepass (Mn) ] ( Active Subscriber’s (‘000) ] ( ARPU (₹) (Net of Taxes) ] 5.95 5.95 5.95 465 465 465 465 465 5.95 5.95 1,042 1,045 1,050 1,050 1,060 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q3 FY25 Q4
Slide 23: Consolidated Financials
Consolidated Financials eovcce eovcce
Slide 24: Financial Highlights: Consolidated
Financial Highlights : Consolidated * =aTPL Entertain I Connect Total Revenue stood at ₹ 9,382 Mn, up by 5% Y-o-Y 1 Revenue ISP Revenue stood at ₹ 1,433 Mn, up by 3% Q-o-Q & 4% Y-o-Y EBITDA of ₹ 1,189 Mn in Q3 FY26, up by 8% Q-o-Q & 4% Y-o-Y 2 EBITDA EBITDA Margin of 12.7% in Q3 FY26 3 PBT PBT of ₹
Slide 25: Profit & Loss Statement: Consolidated
Profit & Loss Statement: Consolidated * In ₹ Mn =aTPL Entertain I Connect Particulars Q3 FY26 Q2 FY26 Q-o-Q% Q3 FY25 Y-o-Y% FY25 Revenue • Impact of New Wage Code – One Subscription Income CATV 2,970 3,024 -2% 3,024 -2% 12,327 time in Employee Cost: ₹ 22 Mn Broadband ISP 1,433 1,393 3% 1,383 4% 5,45
Slide 26: Analysis on Operating Margin: Consolidated
Analysis on Operating Margin : Consolidated * In ₹ Mn =aTPL Entertain I Connect Particulars Q3 FY26 Q2 FY26 Q-o-Q% Q3 FY25 Y-o-Y% FY25 Revenue Subscription Income CATV 2,970 3,024 -2% 3,024 -2% 12,327 Broadband ISP 1,433 1,393 3% 1,383 4% 5,456 Other Operating Income 242 261 -7% 287 -15% 1,134 Total
Slide 27: Standalone Financials
--- • . --~-- _ _ _ ._..l --~-· ,__ ____........ _..,.._ .....,. ......... -==-- --- ••lt- --- --""--~ a::::c::::I -.. Standalone Financials 26
Slide 28: Financial Highlights: Standalone
Financial Highlights : Standalone * =aTPL Entertain I Connect 1 Revenue Total Revenue stood at ₹ 6,148 Mn, up by 9% Y-o-Y EBITDA of ₹ 587 Mn in Q3 FY26 2 EBITDA EBITDA Margin stands at 9.6% in Q3 FY26 3 PBT PBT of ₹ 12 Mn in Q3 FY26 * FY = Apr-Mar, Q1 = Apr-Jun, Q2 = Jul-Sep, Q3 = Oct-Dec, Q4 = Jan-
Slide 29: Profit & Loss Statement: Standalone
Profit & Loss Statement : Standalone * =aTPL Entertain I Connect In ₹ Mn Particulars Q3 FY26 Q2 FY26 Q-o-Q% Q3 FY25 Y-o-Y% FY25 Revenue • Impact of New Wage Code – One Subscription Income CATV 2,165 2,191 -1% 2,112 2% 8,651 time in Employee Cost: ₹ 16 Mn Placement / Carriage / Marketing Incentive 3,
Slide 30: Investor Conference Call Details
Investor Conference Call Details GTPL Entertain I Connect emkay C ct EM KA'!li" 6'1..0RAIL PIINlA MCIAL SIEIR\HCIES I..JD Gl1P L Hathway" ll i m i t ed 1 Management Panel Mr A:niruclhsinh Jadeja- Pn:m.o:ter .and Milllagj'ng Dira~ r M r Piyush Panllaj - Business Head 82B I.mW & Broadband} .a nd Ohief
Slide 31: Safe Harbor
Safe Harbor =aTPL Entertain I Connect 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 informati
Slide 32: 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