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Last Updated on: 24 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of GTPL Hathway Ltd

About the Company - GTPL Hathway Ltd

GTPL Hathway Ltd. is a Public Limited Listed company incorporated on 21/08/2006 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L64204GJ2006PLC048908 and registration number is 048908. Currently Company is involved in the business activities of Activities of the cable operators. Company’s Total Operating Revenue is Rs. 1531.23 Cr. and Equity Capital is Rs. 112.46 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Entertainment & Media202, Sahajanand Shopping Center, Opposite Swaminarayan Mandir, Ahmedabad Gujarat 380004complianceofficer@gtpl.net
http://www.gtpl.net
Management
NamePosition Held
Mr. Kunal ChandraIndependent Director
Mr. Rajan GuptaChairman
Mr. Aniruddhasinhji Nogubha JadejaManaging Director
Mr. Amit Jayantilal ShahWhole Time Director
Mr. Ajay SinghDirector
Mr. Bharat Bhogilal ChovatiaIndependent Director
Mrs. Divya MomayaIndependent Director
Mr. Falgun Harishkumar ShahIndependent Director

GTPL Hathway Ltd. Share Price Update

Share PriceValue
Today₹185.05
Previous Day₹194.10

Basic Stock Data of GTPL Hathway Ltd

Market Cap 2,254 Cr.
Current Price 200
High / Low218/93.5
Stock P/E25.2
Book Value 100
Dividend Yield2.00 %
ROCE15.2 %
ROE11.8 %
Face Value 10.0

Data Source: screener.in

GTPL Hathway Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales576647749602596599617631655686692774779
Expenses446507632473461466488510524574591655655
Operating Profit129140116129135133129121131112101120124
OPM %22%22%16%21%23%22%21%19%20%16%15%15%16%
Other Income98399-3141115820-10611
Interest6542354222345
Depreciation636965616364656974761007482
Profit before tax70758675667871646354-114848
Tax %28%30%28%29%24%25%20%25%24%26%4%26%25%
Net Profit50526253505957484740-113536
EPS in Rs4.014.025.064.223.834.864.843.853.993.34-1.043.193.04

GTPL Hathway Ltd Quarterly Chart

GTPL Hathway Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales3584535776237369081,0911,2462,3842,4672,4142,6642,932
Expenses2873474214745836977979051,9211,9471,8812,1982,475
Operating Profit71106156149154211294340464520533466457
OPM %20%23%27%24%21%23%27%27%19%21%22%18%16%
Other Income122983317-44-3051243227
Interest10204042476442514523141014
Depreciation17297284107139171202232260253319331
Profit before tax456046338419843158288290169138
Tax %29%31%47%39%54%36%42%43%44%27%25%26%
Net Profit32422520426562588210219125100
EPS in Rs203.50226.05120.1083.500.754.105.431.686.9116.7317.7510.138.53
Dividend Payout %0%0%0%0%7%24%18%60%43%24%23%39%

GTPL Hathway Ltd Profit & Loss Yearly Chart

GTPL Hathway Ltd Growth

Compounded Sales Growth
10 Years:19%
5 Years:20%
3 Years:4%
TTM:20%
Compounded Profit Growth
10 Years:13%
5 Years:16%
3 Years:3%
TTM:-50%
Stock Price CAGR
10 Years:%
5 Years:20%
3 Years:17%
1 Year:77%
Return on Equity
10 Years:13%
5 Years:16%
3 Years:19%
Last Year:12%

GTPL Hathway Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital12229898112112112112112112112
Reserves1902543163312822895455526167689199911,017
Borrowings84230282240466546328345223165130149239
Other Liabilities2113084585426287769161,0041,1941,2731,1411,4171,757
Total Liabilities4867931,0581,1151,4741,7091,9022,0142,1452,3182,3032,6693,127
Fixed Assets3034806746969041,0541,2101,2141,3251,3931,5071,7681,909
CWIP42322116160383232719211293
Investments549151910141514109910
Other Assets1742863543934915856397547738446947801,114
Total Assets4867931,0581,1151,4741,7091,9022,0142,1452,3182,3032,6693,127

GTPL Hathway Ltd Reserves and Borrowings Chart

GTPL Hathway Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 219209225266412284394551396583
Cash from Investing Activity -268-96-366-272-334-235-254-378-311-462
Cash from Financing Activity 37-9216621-64-5-187-163-102-58
Net Cash Flow-122125141344-4710-1764

GTPL Hathway Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days89981261341221191098443614340
Inventory Days
Days Payable
Cash Conversion Cycle89981261341221191098443614340
Working Capital Days-38-43-77-102-134-88-110-118-88-84-81-110
ROCE %19%15%12%7%12%15%18%27%31%27%15%

GTPL Hathway Ltd Financial Efficiency Indicators Chart

GTPL Hathway Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%
FIIs10.48%9.92%9.90%10.16%9.93%10.33%10.51%10.46%9.37%8.60%8.56%8.67%
DIIs0.52%0.52%0.52%0.52%0.37%0.36%0.02%0.03%0.03%0.03%0.03%0.03%
Public14.00%14.56%14.58%14.32%14.70%14.31%14.47%14.50%15.60%16.36%16.40%16.31%
No. of Shareholders20,20222,55520,85222,80626,78627,58327,66027,79028,88429,35829,12326,832

GTPL Hathway Ltd Shareholding Pattern Chart

No. of GTPL Hathway Ltd Shareholders

This stock is not held by any mutual fund

GTPL Hathway Ltd ROCE Trend

GTPL Hathway Ltd EPS Trend

GTPL Hathway Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)10.1317.7516.736.911.68
Diluted EPS (Rs.)10.1317.7516.736.911.68
Cash EPS (Rs.)39.3941.9741.9528.4320.17
Book Value[Excl.RevalReserv]/Share (Rs.)107.57100.0984.7168.8362.35
Book Value[Incl.RevalReserv]/Share (Rs.)107.57100.0984.7168.8362.35
Revenue From Operations / Share (Rs.)236.87214.66219.36211.99110.78
PBDIT / Share (Rs.)45.9150.6950.8944.6832.14
PBIT / Share (Rs.)17.5528.2127.7424.0714.19
PBT / Share (Rs.)14.9925.8225.6914.033.86
Net Profit / Share (Rs.)11.0319.4918.807.832.21
NP After MI And SOA / Share (Rs.)10.1317.7516.736.911.68
PBDIT Margin (%)19.3823.6123.2021.0729.01
PBIT Margin (%)7.4113.1412.6411.3512.81
PBT Margin (%)6.3212.0211.716.623.48
Net Profit Margin (%)4.659.078.563.691.99
NP After MI And SOA Margin (%)4.278.277.623.261.51
Return on Networth / Equity (%)10.3219.3421.3710.672.84
Return on Capital Employeed (%)14.7325.3729.7028.1615.84
Return On Assets (%)4.208.487.993.550.92
Long Term Debt / Equity (X)0.020.030.010.080.22
Total Debt / Equity (X)0.120.110.140.200.41
Asset Turnover Ratio (%)1.260.780.921.020.48
Current Ratio (X)0.480.550.560.520.62
Quick Ratio (X)0.450.540.550.500.59
Dividend Payout Ratio (NP) (%)0.0022.5317.9314.4659.56
Dividend Payout Ratio (CP) (%)0.009.947.523.635.09
Earning Retention Ratio (%)0.0077.4782.0785.5440.44
Cash Earning Retention Ratio (%)0.0090.0692.4896.3794.91
Interest Coverage Ratio (X)52.0339.5124.8511.187.04
Interest Coverage Ratio (Post Tax) (X)15.4117.0510.184.472.75
Enterprise Value (Cr.)1130.622033.871388.03567.64947.18
EV / Net Operating Revenue (X)0.420.840.560.230.76
EV / EBITDA (X)2.193.572.421.132.62
MarketCap / Net Operating Revenue (X)0.410.810.540.190.61
Retention Ratios (%)0.0077.4682.0685.5340.43
Price / BV (X)0.991.901.520.621.16
Price / Net Operating Revenue (X)0.410.810.540.190.61
EarningsYield0.100.100.140.160.02

GTPL Hathway Ltd Profitability Ratios (%)

GTPL Hathway Ltd Liquidity Ratios

GTPL Hathway Ltd Liquidity Ratios (%)

GTPL Hathway Ltd Interest Coverage Ratios (%)

GTPL Hathway Ltd Valuation Ratios

Fair Value of GTPL Hathway Ltd Stock

Fair Value: ₹303.31

The stock is undervalued by 51.65% compared to the current price ₹200

*Investments are subject to market risks

Strength and Weakness of GTPL Hathway Ltd Stock

StrengthWeakness
  1. The stock has a high average ROCE of 16.50%, which is a positive sign.
  2. The stock has a low average Working Capital Days of -89.42, which is a positive sign.
  3. The company has higher reserves (543.85 cr) compared to borrowings (263.62 cr), indicating strong financial stability.
  4. The company has shown consistent growth in sales (282.08 cr) and profit (109.00 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 22.35 and average Dividend Yield of 11.47%.
  2. The stock has a high average Cash Conversion Cycle of 89.00, which may not be favorable.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in GTPL Hathway Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE