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Last Updated on: 27 July, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

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, 2nd Floor, Sahajanand Shopping Center, Ahmedabad Gujarat 380004complianceofficer@gtpl.net
http://www.gtpl.net
Management
NamePosition Held
Mr. Ajay SinghChairman
Mr. Amit Jayantilal ShahWhole Time Director
Mr. Aniruddhasinhji Nogubha JadejaManaging Director
Mr. Bharat Bhogilal ChovatiaIndependent Director
Mrs. Divya MomayaIndependent Director
Mr. Falgun Harishkumar ShahIndependent Director
Mr. Kunal ChandraIndependent Director
Mr. Rajendra HingwalaIndependent Director
Mr. Tavinderjit Singh PanesarDirector

Basic Stock Data of GTPL Hathway Ltd

Last Updated: July 26, 2024, 10:38 pm

Market Cap 1,855 Cr.
Current Price 165
High / Low218/130
Stock P/E21.7
Book Value 103
Dividend Yield2.43 %
ROCE11.8 %
ROE9.46 %
Face Value 10.0
PEG Ratio5.04

Data Source: screener.in

GTPL Hathway Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales647749602596599617631655686692774779851
Expenses507632473461466488510524574591655655730
Operating Profit140116129135133129121131112101120124121
OPM %22%16%21%23%22%21%19%20%16%15%15%16%14%
Other Income8399-3141115820-1061110
Interest5423542223456
Depreciation696561636465697476100748291
Profit before tax758675667871646354-11484833
Tax %30%28%29%24%25%20%25%24%26%4%26%25%26%
Net Profit526253505957484740-11353625
EPS in Rs4.025.064.223.834.864.843.853.993.34-1.043.193.042.11

Last Updated: July 10, 2024, 3:41 pm

GTPL Hathway Ltd Quarterly Chart

GTPL Hathway Ltd Profit & Loss

Last Updated: July 10, 2024, 3:41 pm

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:21%
3 Years:9%
TTM:17%
Compounded Profit Growth
10 Years:16%
5 Years:31%
3 Years:-18%
TTM:-25%
Stock Price CAGR
10 Years:%
5 Years:17%
3 Years:-4%
1 Year:24%
Return on Equity
10 Years:13%
5 Years:16%
3 Years:14%
Last Year:9%

Last Updated: July 25, 2024, 5:10 am

GTPL Hathway Ltd Balance Sheet

Last Updated: July 10, 2024, 3:41 pm

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 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity 219209225266412284394551396583453
Cash from Investing Activity -268-96-366-272-334-235-254-378-311-462-476
Cash from Financing Activity 37-9216621-64-5-187-163-102-58-48
Net Cash Flow-122125141344-4710-1764-70

GTPL Hathway Ltd Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days98126134122119109844361434050
Inventory Days
Days Payable
Cash Conversion Cycle98126134122119109844361434050
Working Capital Days-43-77-102-134-88-110-118-88-84-81-110-91
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

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%
FIIs9.90%10.16%9.93%10.33%10.51%10.46%9.37%8.60%8.56%8.67%8.66%8.66%
DIIs0.52%0.52%0.37%0.36%0.02%0.03%0.03%0.03%0.03%0.03%0.03%0.03%
Public14.58%14.32%14.70%14.31%14.47%14.50%15.60%16.36%16.40%16.31%16.31%16.32%
No. of Shareholders20,85222,80626,78627,58327,66027,79028,88429,35829,12326,83227,67027,651

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 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)9.5110.1317.7516.736.91
Diluted EPS (Rs.)9.5110.1317.7516.736.91
Cash EPS (Rs.)39.9439.3941.9741.9528.43
Book Value[Excl.RevalReserv]/Share (Rs.)114.41107.57100.0984.7168.83
Book Value[Incl.RevalReserv]/Share (Rs.)114.41107.57100.0984.7168.83
Revenue From Operations / Share (Rs.)285.65236.87214.66219.36211.99
PBDIT / Share (Rs.)45.4545.9150.6950.8944.68
PBIT / Share (Rs.)15.4717.5528.2127.7424.07
PBT / Share (Rs.)13.4314.9925.8225.6914.03
Net Profit / Share (Rs.)9.9611.0319.4918.807.83
NP After MI And SOA / Share (Rs.)9.5110.1317.7516.736.91
PBDIT Margin (%)15.9119.3823.6123.2021.07
PBIT Margin (%)5.417.4113.1412.6411.35
PBT Margin (%)4.706.3212.0211.716.62
Net Profit Margin (%)3.484.659.078.563.69
NP After MI And SOA Margin (%)3.334.278.277.623.26
Return on Networth / Equity (%)9.2210.3219.3421.3710.67
Return on Capital Employeed (%)11.6614.7325.3729.7028.16
Return On Assets (%)3.504.208.487.993.55
Long Term Debt / Equity (X)0.050.020.030.010.08
Total Debt / Equity (X)0.190.120.110.140.20
Asset Turnover Ratio (%)1.111.050.780.921.02
Current Ratio (X)0.460.480.550.560.52
Quick Ratio (X)0.440.450.540.550.50
Dividend Payout Ratio (NP) (%)0.0039.4722.5317.9314.46
Dividend Payout Ratio (CP) (%)0.0010.399.947.523.63
Earning Retention Ratio (%)0.0060.5377.4782.0785.54
Cash Earning Retention Ratio (%)0.0089.6190.0692.4896.37
Interest Coverage Ratio (X)22.3252.0339.5124.8511.18
Interest Coverage Ratio (Post Tax) (X)5.8915.4117.0510.184.47
Enterprise Value (Cr.)2083.421130.622033.871388.03567.64
EV / Net Operating Revenue (X)0.640.420.840.560.23
EV / EBITDA (X)4.082.193.572.421.13
MarketCap / Net Operating Revenue (X)0.580.410.810.540.19
Retention Ratios (%)0.0060.5277.4682.0685.53
Price / BV (X)1.620.991.901.520.62
Price / Net Operating Revenue (X)0.580.410.810.540.19
EarningsYield0.050.100.100.140.16

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

Fair Value: 216.58

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 31.26% compared to the current price 165

Intrinsic Value: 225.90

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 36.91% compared to the current price 165

Last 5 Year EPS CAGR: 4.30%

*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 -93.83, which is a positive sign.
  3. The company has higher reserves (575.83 cr) compared to borrowings (282.67 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 has a high average Cash Conversion Cycle of 85.75, which may not be favorable.

FAQ

What is the latest fair value of GTPL Hathway Ltd?

The latest fair value of GTPL Hathway Ltd is ₹216.58.

What is the Market Cap of GTPL Hathway Ltd?

The Market Cap of GTPL Hathway Ltd is 1,855 Cr..

What is the current Stock Price of GTPL Hathway Ltd as on 27 July 2024?

The current stock price of GTPL Hathway Ltd as on 27 July 2024 is 165.

What is the High / Low of GTPL Hathway Ltd stocks in FY 2024?

In FY 2024, the High / Low of GTPL Hathway Ltd stocks is 218/130.

What is the Stock P/E of GTPL Hathway Ltd?

The Stock P/E of GTPL Hathway Ltd is 21.7.

What is the Book Value of GTPL Hathway Ltd?

The Book Value of GTPL Hathway Ltd is 103.

What is the Dividend Yield of GTPL Hathway Ltd?

The Dividend Yield of GTPL Hathway Ltd is 2.43 %.

What is the ROCE of GTPL Hathway Ltd?

The ROCE of GTPL Hathway Ltd is 11.8 %.

What is the ROE of GTPL Hathway Ltd?

The ROE of GTPL Hathway Ltd is 9.46 %.

What is the Face Value of GTPL Hathway Ltd?

The Face Value of GTPL Hathway Ltd is 10.0.

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