GTPL Hathway Ltd

Resignation of Company Secretary & Compliance Officer

• Ms. Shweta Sultania resigns as Company Secretary & Compliance Officer, effective Aug 31, 2026, to pursue outside opportunities.

Authority revised for materiality determinations

• Mr. Saurav Banerjee, CFO, authorised to determine materiality for disclosure, effective Sep 1, 2026; profile: Current CFO.

AGM Details

• Twentieth AGM to be held Sept 28, 2026 at 12:30 p.m. IST via VC/OAVM.

Eligibility & Dividend Dates

• Cut-off date for voting: Sept 21, 2026.
• Record date for dividend entitlement: Sept 21, 2026.

Dividend Declaration

• Dividend, if declared at AGM, will be paid within prescribed timelines under Companies Act 2013.

Meeting Details

• Date: July 16, 2026; Post Results Conference Call conducted.
• Type/Mode: Group conference call; virtual, audio recording available.

Participants

• Role: Company Secretary & Compliance Officer; no management names disclosed.

Purpose

• Discuss unaudited standalone and consolidated Q1 FY27 financial results.

Availability

• Audio recording of the post-results conference call is available on the company website.

CFO demits office

• CFO Saurav Banerjee to demit office on Sep 30, 2026 due to superannuation.

Key financials

• Total revenue ₹10,199 million, up 12% YoY
• EBITDA ₹1,092 million; margin 10.7%
• Operating EBITDA margin 22%
• PAT ₹23 million

Subscribers & ARPU

• Digital TV active subscribers 9.60 million
• Broadband subscribers 1.06 million; ARPU ₹470/month
• Homepass 5.95 million; ~75% eligible for FTTX
• Digital TV subscription revenue ₹2,913 million

Strategic developments

• Acquisition: seven ACT Group Digital TV units for ₹36.23 crore
• Completion expected by 15 Sep 2026
• Adds ~0.6 million Digital TV subscribers across four states
• Expands footprint in South and East India
• GTPL Infinity HITS platform launched; growing traction
• Cross-selling opportunities across expanded base

Operational & outlook

• Broadband growth driver; network expansion and service quality improvements
• Broadband ARPU and data usage up YoY
• Management notes stable quarterly performance and long-term growth potential

Business Overview

• Digital TV and broadband MSO with 1,600+ towns in 27 states and 5 UTs.
• No.1 MSO in India; strong Gujarat presence; No.2 in West Bengal.
• Launched GTPL Infinity HITS on 30 Nov 2025; pan-India content delivery planned.
• To acquire ACT group’s Digital TV business for ₹36.23 crore; completion by Sept 15, 2026.

Operational Highlights

• Acquisition: 6 Lakh Digital TV subscribers; ₹36.23 crore all-cash; BTA with 7 ACT companies.
• Completion targeted by 15 September 2026.
• HITS enables ~800 channels, ~100 HD; Pan-India reach via C-Band transponders.
• Expansion focus across Andhra Pradesh, Telangana, Tamil Nadu, North-East, Haryana, Uttarakhand, Chhattisgarh.
• Active STBs 9.60 Mn; Paying subscribers 8.90 Mn; 51K+ Partners; 130+ owned channels.
• Broadband metrics: ARPU ₹470; 436 GB/month data; 5.95 Mn Homepass.

Financial Performance

• Consolidated Q1 FY27 total income ₹10,199 Mn; up 12% YoY.
• Consolidated Q1 FY27 EBITDA ₹1,013 Mn; margin 22%.
• PAT in Q1 FY27: ₹23 Mn.
• Standalone Q1 FY27 revenue up 16% YoY; EBITDA ₹644 Mn; margin 9.3%.
• Standalone PAT ₹19 Mn.
• FY26 total income ₹37,466 Mn; EBITDA ₹3,950 Mn.

Capital Structure & Liquidity

• Acquisition funding: All-cash ₹36.23 Cr for ACT Digital TV business.
• Completion target: 15 September 2026.
• FY26 dividend payout: 20%.

Strategic Priorities & Outlook

• GTPL Infinity HITS enables pan-India expansion and rural coverage.
• Upsell and bundled offerings to lift ARPU and retention.
• Integration of ACT assets to unlock network synergies and scale.
• Expanded footprint across 27 states; growing into cable-dark markets.

Financial results approved

• Standalone and Consolidated unaudited Q1 FY2026 results approved; Audit Committee reviewed; Limited Review by statutory auditors.
• Standalone revenue 6,877.25m; Consolidated revenue 10,154.07m.
• Standalone PAT 20.12m; Consolidated PAT 13.77m for quarter ended June 30, 2026.

Regulatory / contingent liabilities

• DoT license fee demand of Rs 9,754.15 million; no provision, contingent liability.
• Note describes DoT demands and contingent liability; company confident defense.
• Auditor's review notes no material misstatement; attention drawn to DoT matters.

Acquisition / strategic action

• BTA with ACT Group for cable TV business; Rs 362.30m; effective July 1, 2026.
• Effective acquisition date July 1, 2026; slump sale going concern basis.

Auditor remarks

• Auditors state no audit opinion due to interim nature; limited review performed.

Meeting Details

• Date/time: July 16, 2026, 4:00 PM IST; virtual group conference call.
• Organiser: EMKAY GLOBAL FINANCIAL SERVICES LTD; purpose: discuss Q1FY27 results.

Participants

• Promoter and Managing Director to participate.
• Chief Financial Officer to participate.
• Business Head B2B (CATV and Broadband) and Chief Strategy Officer to participate.

Purpose

• Discuss Q1 FY27 results for quarter ended June 30, 2026.

GTPL Hathway Ltd - Trading Window Closure from July 01, 2026 and ends 48 hours after the Financial Results for the quarter ending June 30, 2026 become Generally Available Information

FY26 results

• GTPL Hathway announced standalone and consolidated audited results for Q4 and FY26.
• Q4 FY26 revenue rose 4% year-on-year to ₹9,344 million.
• FY26 revenue increased 7% year-on-year to ₹37,466 million.
• Q4 FY26 EBITDA was ₹908 million with 9.7% margin.
• FY26 EBITDA was ₹4,321 million with 11.5% margin.

Dividend

• The board recommended a dividend of ₹2 per share for FY26.

Broadband and cable

• Digital cable TV active subscribers were 9.40 million as of March 31, 2026.
• Paying cable subscribers stood at 8.70 million.
• Broadband subscribers increased to 1.06 million.
• Broadband revenue rose 2% annually to ₹5,580 million in FY26.
• Homepass footprint reached 5.95 million, with about 75% available for FTTX conversion.

Operational metrics

• Broadband ARPU was ₹465 per month per subscriber.
• Average data consumption reached 436 GB per user per month in Q4 FY26.