GTL Infrastructure Limited share price
GTL Infrastructure Limited, an independent and neutral telecom tower company, owns, builds, operates, and maintains telecom towers and related infrastructure, supporting multiple technologies including 2G, 3G, 4G, 5G, IoT, and enterprise data systems primarily in India. It provides telecom towers on a shared basis for telecommunications service providers to host their active network components; and delivers uninterrupted power on towers. The company was formerly known as GTL Infras Engineering & Managed Network Services Limited and changed its name to GTL Infrastructure Limited in February 2005. GTL Infrastructure Limited was incorporated in 2004 and is headquartered in Mumbai, India.Read more
- Market Cap₹ 1,332 Cr.
- Current Price₹ 1.04
- High / Low₹ 2 / 1
- Stock P/E1.3
- Book Value₹ -4
- Dividend Yield0.00 %
- ROCE-399.4 %
- ROE-13.90 %
- Face Value₹ 10.0
More figures (10)
- EPS (TTM)₹ 0.82
- Price / Book—
- OPM13.0 %
- Debt / Equity-1.13
- Sales growth (5Y)-0.5 %
- Profit growth (5Y)—
- Promoter holding31.2 %
- EV / EBITDA16.7
- Beta0.65
- All-time high₹ 181
Price chart
| Returns | 1M | 3M | 6M | YTD | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| GTLINFRA | -6.31% | -18.11% | -16.13% | -10.34% | -28.77% | +1.32% | -9.37% |
| Nifty 50 | -0.31% | -3.85% | -4.34% | -11.42% | -9.53% | +5.46% | +4.76% |
Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.
Quick take
- GTL Infrastructure Limited is in the Communication Equipment industry (Technology), with a market value of ₹1,332 crore.
- It trades at 1.3 times its last 12 months' earnings.
- Revenue grew -0.5% a year over the last 5 years.
- Return on equity was -13.9% and return on capital employed -399.4% in the latest year.
- Debt was -1.13 times shareholders' equity.
- The share price is 37.7% below its 52-week high and down 28.8% over one year.
- Promoters and insiders hold about 31.2%; institutions about 2.8%.
Pros
AI- Company is almost debt-free (debt is -1.13 times equity).
Cons
AI- Return on equity has been low: 5.4% on average over the last 3 years.
- Interest cover is thin: operating earnings are 0.4 times the interest cost.
- Sales growth has been slow: -0.5% a year over the last 5 years.
- Institutional (FII + DII) holding has fallen by 13.3 points over 3 years.
- The company has not paid a dividend recently.
Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.
About GTL Infrastructure Limited
GTL Infrastructure Limited, an independent and neutral telecom tower company, owns, builds, operates, and maintains telecom towers and related infrastructure, supporting multiple technologies including 2G, 3G, 4G, 5G, IoT, and enterprise data systems primarily in India. It provides telecom towers on a shared basis for telecommunications service providers to host their active network components; and delivers uninterrupted power on towers. The company was formerly known as GTL Infras Engineering & Managed Network Services Limited and changed its name to GTL Infrastructure Limited in February 2005. GTL Infrastructure Limited was incorporated in 2004 and is headquartered in Mumbai, India.
- Employees
- 646
- Head office
- Mumbai
Peer comparison
TechnologyCommunication Equipment
| S.No. | Company | CMP ₹ | P/E | Mar Cap ₹ Cr | Div Yld % | NP Qtr ₹ Cr | Qtr Profit Var % | Sales Qtr ₹ Cr | Qtr Sales Var % | ROCE % | ROE % | P/B | OPM % | Debt / Eq | Prom. Hold. % | Sales ₹ Cr | Sales Var 3Yrs % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | GTL Infrastructure | 1.04 | 1.3 | 1,332 | 0.00 | 69 | — | 327 | -2.16 | -399.4 | -13.9 | -0.26 | 13.0 | -1.13 | 31.23 | 1,372 | -0.5 |
| 2. | Sterlite Technologies | 865.90 | 187.8 | 44,512 | 0.00 | 197 | 1,870.00 | 1,910 | 87.44 | 8.0 | 2.6 | 18.64 | 5.9 | 0.86 | 50.83 | 4,745 | -11.8 |
| 3. | HFCL | 256.01 | 66.7 | 39,176 | 0.08 | 229 | — | 1,915 | 139.16 | 10.8 | 7.0 | 7.72 | 12.9 | 0.39 | 34.23 | 4,928 | 1.3 |
| 4. | ITI | 243.47 | 132.3 | 23,443 | 0.00 | -32 | — | 425 | -14.65 | 23.5 | 16.6 | 12.29 | -0.6 | 0.40 | 97.90 | 2,184 | 16.1 |
| 5. | Astra Microwave Products | 1,625.20 | 81.8 | 15,430 | 0.15 | 12 | -24.12 | 177 | -11.55 | 20.8 | 16.0 | 11.74 | 25.0 | 0.22 | 30.16 | 1,163 | 12.6 |
| 6. | Tejas Networks | 474.75 | — | 8,446 | 0.00 | -202 | — | 402 | -77.76 | -29.5 | -26.8 | 2.88 | -97.7 | 1.43 | 1.57 | 1,097 | 6.1 |
| 7. | Paramount Communications | 60.52 | 30.4 | 1,980 | 0.00 | 20 | 6.49 | 529 | 17.35 | 12.7 | 8.0 | 2.37 | 2.7 | 0.16 | 48.85 | 1,913 | 34.1 |
| 8. | Birla Cable | 346.15 | 22.5 | 1,038 | 0.35 | 31 | 2,153.51 | 267 | 51.12 | 9.7 | 6.3 | 3.70 | 4.5 | 0.47 | 68.71 | 771 | -1.9 |
| Median: 8 Co. | 301.08 | 66.7 | 11,938 | 0.00 | 25 | 938.24 | 413 | 7.60 | 10.3 | 6.7 | 5.71 | 5.2 | 0.40 | 41.54 | 1,643 | 3.7 |
Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.
Quarterly Results
Standalone figures in ₹ crore
Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.
Profit & Loss
Standalone figures in ₹ crore
Projection — your assumptions
Starts from the last four reported quarters (TTM) and applies the figures you enter; growth is pre-filled with the company's own 3-year sales growth. This is a what-if calculator for illustration, not a forecast, estimate or recommendation.
Related party transactions
Related-party transactions are dealings with promoters, directors, subsidiaries and associates. Companies disclose them to the exchanges every half-year and in detail in the notes to their annual report.
- Related Party TransactionsGTL Infrastructure Limited has informed the Exchange about related Party Transactions for the half year ended March 31, 202311-May-2023
- Related Party TransactionGTL Infrastructure Limited has informed the Exchange about related party transaction for the half year ended September 202211-Nov-2022
- Related Party TransactionGTL Infrastructure Limited has informed the Exchange about related party transaction for the period ended March 202227-May-2022
- Related Party TransactionsGTL Infrastructure Limited has informed the Exchange about related Party Transactions22-Jun-2021
- Related Party TransactionsGTL Infrastructure Limited has informed the Exchange about related Party Transactions03-Dec-2020
- Related Party TransactionsGTL Infrastructure Limited has informed the Exchange about related Party Transactions20-Jul-2020
- Related Party TransactionsGTL Infrastructure Limited has informed the Exchange regarding Half Yearly disclosure on Related party Transactions.04-Dec-2019
- Related Party TransactionsGTL Infrastructure Limited has informed the Exchange regarding Half yearly disclosure on Related Party Transactions.07-Jun-2019
- UpdatesGTL Infrastructure Limited has informed the Exchange regarding ''Regulation 27 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 - With further referen…11-Jun-2018
- UpdatesGTL Infrastructure Limited has informed the Exchange regarding ''Regulation 27 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 - Quarterly Compliance…01-Mar-2018
Full details: notes to the Financial Year 2026 annual report (related party disclosures).
| ₹ Cr | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| 2,333 | 1,500 | 1,417 | 1,410 | 1,463 | 1,458 | 1,372 | 1,344 | 1,372 | 1,699 | |
| YOY Sales Growth % | -35.71% | -5.55% | -0.51% | 3.76% | -0.33% | -5.89% | -2.04% | 2.08% | ||
| 1,619 | 1,317 | 1,155 | 1,140 | 1,051 | 1,430 | 1,006 | 1,068 | 1,038 | 1,219 | |
| Employee Cost % | 3% | 4% | 4% | 4% | 4% | 4% | 5% | 6% | 7% | 6% |
| Other Expenses % | 67% | 83% | 77% | 77% | 68% | 94% | 68% | 73% | 69% | 65% |
| Operating Profit | 714 | 184 | 262 | 269 | 412 | 28 | 366 | 276 | 334 | 480 |
| OPM % | 31% | 12% | 19% | 19% | 28% | 2% | 27% | 21% | 24% | 28% |
| 183 | 12 | 20 | 39 | 14 | 27 | 51 | 22 | 47 | 52 | |
| Exceptional items | -1,420 | -577 | -849 | -369 | -663 | -587 | -15 | 1,198 | 1,198 | |
| Interest | 570 | 534 | 662 | 663 | 734 | 782 | 805 | 929 | 563 | 590 |
| Depreciation | 800 | 624 | 634 | 547 | 503 | 504 | 278 | 244 | 237 | 293 |
| Profit before tax | -1,893 | -1,539 | -1,864 | -1,271 | -1,475 | -1,817 | -681 | -875 | 779 | 849 |
| Net Profit | -1,893 | -1,539 | -1,864 | -1,271 | -1,475 | -1,817 | -681 | -875 | 779 | 849 |
| EPS in Rs | -1.60 | -1.21 | -1.46 | -1.00 | -1.14 | -1.41 | -0.52 | -0.67 | 0.60 | 0.64 |
Compounded Sales Growth
- 5 Years:
- -1%
- 3 Years:
- -2%
- TTM:
- 26%
Stock Price CAGR
- 5 Years:
- -9%
- 3 Years:
- 1%
- 1 Year:
- -29%
Return on Equity
- 4 Years:
- 14%
- Last Year:
- -14%
Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.
Balance Sheet
Consolidated figures in ₹ crore, as at 31 March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 12,671 | 12,807 | 12,809 | 12,809 |
| Reserves | -17,212 | -17,894 | -18,770 | -18,024 |
| 4,281 | 3,901 | 3,715 | 5,898 | |
| Long term borrowings | 4,392 | |||
| Short term borrowings | 3,671 | 3,340 | 3,193 | 1,024 |
| 4,531 | 5,392 | 6,363 | 2,442 | |
| Trade payables | 43 | 32 | 25 | 7 |
| Current liabilities | 8,218 | 8,743 | 9,575 | 3,458 |
| Total Liabilities | 4,271 | 4,206 | 4,117 | 3,125 |
| 3,190 | 2,977 | 2,816 | 2,667 | |
| Gross block | 9,358 | 8,941 | 8,390 | 7,356 |
| Accumulated depreciation | 6,168 | 5,965 | 5,575 | 4,689 |
| Goodwill & intangibles | 1 | 1 | 1 | 0 |
| CWIP | 1 | |||
| 1,080 | 1,229 | 1,301 | 458 | |
| Inventories | 4 | 4 | 4 | 3 |
| Trade receivables | 131 | 316 | 82 | 41 |
| Cash & equivalents | 360 | 279 | 829 | 116 |
| Current assets | 853 | 964 | 1,155 | 340 |
| Total Assets | 4,271 | 4,206 | 4,117 | 3,125 |
Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.
Cash Flows
Consolidated figures in ₹ crore, financial years ending March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 495 | 194 | 635 | 535 | |
| Profit for the year | -1,817 | -681 | -875 | 779 |
| Working capital changes | 34 | -187 | 219 | 58 |
| Direct taxes paid | -38 | -32 | 55 | 47 |
| -34 | -12 | 37 | 8 | |
| Fixed assets purchased | -66 | -34 | -51 | -62 |
| Fixed assets sold | 22 | 16 | 25 | 25 |
| Investments sold | 51 | 27 | ||
| -453 | -267 | -255 | -1,256 | |
| Repayment of borrowings | -335 | -140 | -132 | -1,128 |
| Interest paid | -49 | -46 | -44 | -42 |
| Net Cash Flow | 8 | -85 | 417 | -713 |
| Free Cash Flow | 428 | 161 | 585 | 474 |
Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.
Ratios
| Ratio | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| ROE | 40.0% | 14.2% | 15.8% | -13.9% |
| ROCE | 26.7% | -2.6% | -0.8% | -399.4% |
| Operating margin | -7.1% | 6.8% | 3.6% | 13.0% |
| Net margin | -124.6% | -49.7% | -65.1% | 56.8% |
| Debt / equity | -0.94 | -0.77 | -0.62 | -1.13 |
| Current ratio | 0.10 | 0.11 | 0.12 | 0.10 |
| Debtor days | 33 | 84 | 22 | 11 |
| Inventory days | 2 | 2 | 2 | 1 |
| Days payable | 19 | 15 | 11 | 3 |
| Cash conversion cycle | 16 | 71 | 13 | 9 |
| Working capital days | -1,844 | -2,069 | -2,287 | -830 |
Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.
Shareholding Pattern
Numbers in percentages · as filed with NSE each quarter
- Promoters 3.28%
- FIIs 0.77%
- DIIs 31.20%
- Public 64.75%
| % | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 3.28% | 3.28% | 3.28% | 3.28% | 3.28% | 3.28% | 3.28% | 3.28% | 3.28% | 3.28% | 3.28% | 3.28% |
| 0.12% | 0.10% | 0.12% | 0.17% | 0.12% | 0.01% | 0.05% | 0.13% | 0.01% | 0.04% | 0.07% | 0.77% | |
| Foreign portfolio investors (Cat. I) | 0.12% | 0.10% | 0.12% | 0.17% | 0.12% | 0.01% | 0.04% | 0.03% | 0.03% | 0.02% | ||
| Foreign portfolio investors (Cat. II) | 0.01% | 0.11% | 0.01% | 0.01% | 0.06% | 0.75% | ||||||
| 45.17% | 44.42% | 43.25% | 42.18% | 37.00% | 36.14% | 35.20% | 33.78% | 32.87% | 32.19% | 31.29% | 31.20% | |
| Mutual funds | 0.08% | |||||||||||
| Insurance companies | 3.33% | 3.33% | 3.33% | 3.33% | 3.33% | 3.33% | 3.05% | 2.97% | 2.83% | 2.83% | 2.83% | 2.76% |
| Banks | 39.81% | 39.81% | 39.50% | 38.85% | 33.67% | 32.81% | 32.15% | 30.81% | 30.04% | 29.35% | 28.45% | 28.44% |
| 51.43% | 52.20% | 53.34% | 54.37% | 59.60% | 60.58% | 61.47% | 62.81% | 63.83% | 64.50% | 65.37% | 64.75% | |
| Retail (up to ₹2 lakh) | 16.34% | 16.57% | 17.90% | 19.16% | 23.54% | 24.30% | 24.78% | 25.19% | 24.90% | 24.45% | 24.19% | 23.41% |
| HNIs (above ₹2 lakh) | 30.82% | 30.98% | 31.03% | 30.22% | 31.45% | 32.10% | 32.63% | 33.40% | 34.76% | 35.83% | 37.06% | 36.49% |
| NRIs | 1.09% | 1.08% | 1.05% | 0.99% | 1.12% | 1.13% | 1.09% | 1.06% | 1.08% | 1.08% | 1.08% | 1.09% |
| Bodies corporate | 1.09% | 1.15% | 0.94% | 1.47% | 1.08% | 0.76% | 0.79% | 0.92% | 0.95% | 0.98% | 0.94% | 1.25% |
| No. of Shareholders | 11,69,837 | 12,33,978 | 14,60,528 | 17,72,090 | 27,01,617 | 27,82,324 | 27,95,172 | 28,72,666 | 28,16,887 | 27,52,530 | 27,10,397 | 26,75,623 |
Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.
Mutual funds & institutions holding GTL Infrastructure
| Holder (above 1%) | Stake |
|---|---|
| Life Insurance Corportion Of IndiaInsurance | 2.76% |
As named in the shareholding pattern for Jun 2026 filed with NSE. Shareholders below 1% are not named in the filing.
Documents
Announcements
- Certificate under SEBI (Depositories and Participants) Regulations, 2018GTL Infrastructure Limited has informed the Exchange about Certificate under Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations…13-Oct-2026
- Shareholders meetingGTL Infrastructure Limited has informed the Exchange regarding Proceedings of 23rd Annual General Meeting of the Company held on September 30, 202630-Sep-2026
- Shareholders meetingGTL Infrastructure Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 30, 2026 along with voting results.30-Sep-2026
- Trading WindowGTL Infrastructure Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201528-Sep-2026
- UpdatesGTL Infrastructure Limited has informed the Exchange regarding 'Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Co…15-Sep-2026
- Copy of Newspaper PublicationGTL Infrastructure Limited has informed the Exchange about Copy of Newspaper Publication in respect of convening of the 23rd Annual General Meeting of the Company and information …09-Sep-2026
- Shareholders meetingGTL Infrastructure Limited has informed the Exchange regarding Notice of 23rd Annual General Meeting to be held on September 30, 2026 and intimation of Remote E-voting facility.08-Sep-2026
- Copy of Newspaper PublicationGTL Infrastructure Limited has informed the Exchange about copy of newspaper publication pertaining to financial results of the Company for the quarter ended June 30, 202607-Aug-2026
- UpdatesGTL Infrastructure Limited has informed the Exchange regarding 'Intimation in terms of Regulation 30(5) Of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015…06-Aug-2026
- UpdatesGTL Infrastructure Limited has informed the Exchange regarding 'Disclosure Under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015'.06-Aug-2026
- Change in Director(s)GTL Infrastructure Limited has informed the Exchange regarding Change in Director(s) of the company.06-Aug-2026
- Outcome of Board MeetingGTL Infrastructure Limited has submitted to the Exchange, the unaudited financial results for the quarter ended June 30, 2026.06-Aug-2026
Annual reports
- Financial Year 202608-SEP-2026
- Financial Year 202508-SEP-2025
- Financial Year 202421-AUG-2024
- Financial Year 2023
- Financial Year 2022
- Financial Year 2021
- Financial Year 2020
- Financial Year 2019
- Financial Year 201801-OCT-2018
- Financial Year 201706-OCT-2017
Credit ratings
None filed recently.
Concalls & investor meets
None filed recently.
Filings made by the company with NSE; documents open on NSE's website.
Key dates
- Ex-dividend date
- 1 Jan 1970
- Latest quarter
- 30 Jun 2026
- Financial year end
- 31 Mar 2026
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Latest news
In the news
From the company (NSE)
- Certificate under SEBI (Depositories and Participants) Regulations, 2018GTL Infrastructure Limited has informed the Exchange about Certificate under Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations…NSE filing · 13-Oct-2026
- Shareholders meetingGTL Infrastructure Limited has informed the Exchange regarding Proceedings of 23rd Annual General Meeting of the Company held on September 30, 2026NSE filing · 30-Sep-2026
- Shareholders meetingGTL Infrastructure Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 30, 2026 along with voting results.NSE filing · 30-Sep-2026
- Trading WindowGTL Infrastructure Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015NSE filing · 28-Sep-2026
- UpdatesGTL Infrastructure Limited has informed the Exchange regarding 'Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Co…NSE filing · 15-Sep-2026
- Copy of Newspaper PublicationGTL Infrastructure Limited has informed the Exchange about Copy of Newspaper Publication in respect of convening of the 23rd Annual General Meeting of the Company and information …NSE filing · 09-Sep-2026
- Shareholders meetingGTL Infrastructure Limited has informed the Exchange regarding Notice of 23rd Annual General Meeting to be held on September 30, 2026 and intimation of Remote E-voting facility.NSE filing · 08-Sep-2026
- Copy of Newspaper PublicationGTL Infrastructure Limited has informed the Exchange about copy of newspaper publication pertaining to financial results of the Company for the quarter ended June 30, 2026NSE filing · 07-Aug-2026
Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.
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