GTL Ltd (GTL) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 500160 | NSE: GTL | Telecommunication - Service Provider | Small Cap

GTL Share Price

7.97 -0.21 -2.57%
as on 05-Dec'25 16:59

GTL Ltd (GTL) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 500160 | NSE: GTL | Telecommunication - Service Provider | Small Cap

DeciZen - make an informed investing decision on GTL

Based on:

Overall Rating
Login to view analysis. M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality


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2. Valuation


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3. Price Trend


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GTL stock performance -

Key Ratios
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P/E Ratio (SA):
0.00
Market Cap:
128.7 Cr.
52-wk low:
7.6
52-wk high:
14.9

Is GTL Ltd an attractive stock to invest in?


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10 Year X-Ray of GTL: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
GTL Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 0%0%0%0%0%0%0%0%0%0%-
Value Creation
Index
NANANANANANANANANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,2421,221995219215221194186202254232
Sales YoY Gr.--1.7%-18.5%-78%-1.7%2.6%-12.4%-3.7%8.3%25.7%-
Adj EPS -77-40.9-55.2-5.6-5.33.427.336.40.8-3.5
YoY Gr.-NANANANANA703.8%-89.1%114.7%-86.9%-
BVPS (₹) -194.2-234.3-401.3-416.8-431.5-427.3-399.8-396.2-382.8-383.3-384.8
Adj Net
Profit
-1,211-643-868-87.8-83.653.54304710113.2-54
Cash Flow from Ops. 10810112891.110263.528.718.1175198-
Debt/CF from Ops. 1.11.31.11.71.780160.125224.220.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -16.2%3.3%9.5%25.7%
Adj EPS NANA-68.7%-86.9%
BVPSNANANANA
Share Price -5.2% 20.6% -1.5% -38.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
8019.117.41.41.3-0.8-6.6-0.8-1.7-0.20.9
Op. Profit
Mgn %
-4.1-6.1-8.8-8.7-4.125.920.3363837.931.1
Net Profit
Mgn %
-97.5-52.7-87.2-40.1-38.824.2222.125.2505.2-23.5
Debt to
Equity
-0-0-0-0-0-0.8-0.7-0.7-0.7-0.7-
Working Cap
Days
46230919276739018532132117282
Cash Conv.
Cycle
-12-2-9-92-95-42-141213-5-4,159

Recent Performance Summary

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Latest Financials - GTL Ltd.

Standalone Consolidated
TTM EPS (₹) -3.5 50.4
TTM Sales (₹ Cr.) 232 198
BVPS (₹.) -384.8 0
Reserves (₹ Cr.) -6,210 -7,141
P/BV -0.02 0.00
PE 0.00 0.16
From the Market
52 Week Low / High (₹) 7.61 / 14.89
All Time Low / High (₹) 0.99 / 3550.00
Market Cap (₹ Cr.) 129
Equity (₹ Cr.) 157.3
Face Value (₹) 10
Industry PE 39.3

Management X-Ray of GTL:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *97.8697.8697.8697.8697.8697.8697.8697.860.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of GTL - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Event Update

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Analyst's Notes

data not found
No data found!

Key Ratios of GTL

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales1,2421,221995219215221194186202254
Operating Expenses 1,2931,2951,085462434164189205141190
Manufacturing Costs4432155226
Material Costs956892780109715748252326
Employee Cost 13314015172737066657582
Other Costs 19926015028028932701134277
Operating Profit -51-74-90-243-219575-196064
Operating Profit Margin (%) -4.1%-6.1%-9.0%-111.0%-101.0%25.9%2.4%-10.1%29.9%25.2%
Other Income 40341020123556117
Interest 5605471917192123262934
Depreciation 99471755544512
Exceptional Items -1,7440-2,5120004501001732
Profit Before Tax -2,413-635-2,628-245-231674325721127
Tax 0-5-000000035
Profit After Tax -2,413-630-2,628-245-2316743257211-8
PAT Margin (%) -194.0%-51.6%-264.0%-111.0%-107.0%30.4%223.2%30.7%104.4%-3.3%
Adjusted EPS (₹)-153.0-40.0-167.0-15.6-14.74.327.53.613.4-0.5
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund -3,055-3,685-6,312-6,557-6,788-6,721-6,289-6,232-6,021-6,029
Share Capital 157157157157157157157157157157
Reserves -3,212-3,842-6,469-6,714-6,945-6,878-6,446-6,389-6,179-6,187
Minority Interest0000000000
Debt1141271411571745,0764,5984,5564,2464,110
Long Term Debt114127141157174194215239266295
Short Term Debt000004,8824,3834,3173,9803,815
Trade Payables1241183858211111111111
Others Liabilities 6,3446,7596,6256,6526,8571,8311,8981,9231,9702,014
Total Liabilities 3,5283,320492310265197219258205105

Fixed Assets

Gross Block242241243247251249251233202191
Accumulated Depreciation99146163168172176180182172175
Net Fixed Assets 144968079797371513016
CWIP 0000000000
Investments 2,2312,12634018451510000
Inventories0600000000
Trade Receivables138100100020332115
Cash Equivalents 8010120887811131511
Others Assets 9358905139476511716113964
Total Assets 3,5283,320492310265197219258205105

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 10810112891102632918175198
PBT -2,414-636-2,628-245-23167-18-433825
Adjustment 2,4857772,663262225-7981127877
Changes in Working Capital 43-3483741137-59-5254101
Tax Paid -6-79-0-5-4816-5
Cash Flow From Investing Activity 247000-1463119180-7
Capex -1-2-2-0-1-2-1118178-12
Net Investments 2400000463000
Others 2921111125
Cash Flow From Financing Activity -120-79-209-102-103-64-492-134-355-191
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 14-16-126-103-21-141-525-135-350-191
Interest Paid -6-2-1-1-1-1-0-1-0-2
Dividend Paid 0000000000
Others -128-61-811-8277342-42
Net Cash Flow 1328-80-11-1-1-0300

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
ROCE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Asset Turnover Ratio0.260.360.520.550.750.960.930.780.871.63
PAT to CFO Conversion(x)N/AN/AN/AN/AN/A0.940.070.320.83N/A
Working Capital Days
Receivable Days53361910019524926
Inventory Days0200000000
Payable Days83483516020310385159174153

GTL Ltd Stock News

GTL Ltd FAQs

The current trading price of GTL on 05-Dec-2025 16:59 is ₹7.97.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Dec-2025 the market cap of GTL stood at ₹128.7.
The latest P/E ratio of GTL as of 04-Dec-2025 is 0.00.
The latest P/B ratio of GTL as of 04-Dec-2025 is -0.02.
The 52-week high of GTL is ₹14.89 and the 52-week low is ₹7.61.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of GTL is ₹232.1 ( Cr.) .

About GTL Ltd

GTL is a leading Network Services company, offering services and solutions to address the Network Life Cycle requirements of Telecom Operators, Technology providers (OEM’s) and Tower Companies.

Business area of the company

It is a Network Services Company, offering services and solutions to address the Network Life Cycle requirements of Telecom Operators and Tower Companies. Currently it has GTL Infrastructure Limited (GIL), an IP 1 License Category Tower Company as its Customer.

The company’s network services portfolio includes:

Network Operations and Maintenance

  • GTL provides network operations and maintenance services that deliver assured Network uptime and availability to its customer. These services include:
  • Corrective and preventive maintenance of the network
  • Capex sizing and planning services
  • Remote monitoring and trouble ticketing
  • Technical support and process management

Energy Management

Telecom Networks require uninterrupted access to power for seamless operation. Management of Energy (Power and Fuel) plays an important role to ensure reliable network operations at optimum costs. The company’s Energy Management Solutions provide high availability of power to telecom sites efficiently. They are delivered through:

  • Technical audit for optimum power consumption
  • Monitoring utilization of sources of energy and plugging leakage thereof
  • Driving modernization with energy efficient equipment
  • Integrating non-traditional or alternate sources of energy with reduced CO2 footprint.

Milestones

  • 1985 - 1987: A partnership firm - GTL Telecom established.
  • 1985 - 1987: A Private Limited Company, GTL Tele-Systems Pvt. Ltd. incorporated.
  • 1988 - 1989: Introduces products like single line push button phones, servicing of telecom products, distribution of Apple Computers and Desktop Publishing Systems.
  • 1988 - 1989: Sets up a new customer services division- GTL Care.
  • 1990: GTL plans a nationwide distribution network. Sets up 3 offices.
  • 1991: First major international tie-up with Murata, Japan.
  • 1991: GTL commences Networking and Engineering Services division.
  • 1992: GTL goes public with an Initial Public Offer (IPO) issue of Rs 1.80 crore which was oversubscribed by 53.17 times.
  • 1992: Makes application to Department of Telecommunications (DoT) for providing data related services.
  • 1993: GTL adds interactive Response system, Instant Voice Access System, Message Switching and starts turnkey execution of projects for Voice and Data Networks and projects on wireless networks.
  • 1993: GTL sets up a group company, GTL Electronic Commerce Services Ltd. (GECS) to provide Value Added Services and obtains Licence from DoT for data related services.
  • 1994: GTL adds to its networking portfolio Fibre Optics and V-SAT networks for transmission of voice, data and multimedia communication.
  • 1994: GTL raises Rs 5.97 crore through a Rights issue of secured FCDs & Rs 11.58 crores through a Public issue, which was oversubscribed by 42 times. Promoters subscribe to 49.22% of the issue.
  • 1995: GTL completes commissioning of the largest private nationwide data network in India covering nine cities at a cost of over Rs 100 crore.
  • 1995: Turnover crosses the Rs 200 crore mark and Services network expands to 26 locations in India.
  • 1996: First Indian Telecom / Software Company to successfully issue Foreign Currency Convertible Bonds aggregating to SFr 60 million (approx. $50 million) in Swiss financial market.
  • 1996: GTL commences Data network services such as Enhanced Fax, Electronic Messaging and E-Commerce through EDI technology (GECS).
  • 1997: GTL enters into a JV with Broadsystem Multimedia, Australia, to start a Call Management Company in India.
  • 1998: Corporate Governance initiatives begin. A separate Corporate Governance Task Force formed.
  • 1998: GTL revamps its corporate strategy, migrating to largely services oriented businesses.
  • 1998: Starts planned exit of select product businesses.
  • 1999: Company Secretariat & Investor Service Centre Human Resource Management and GTL Care Division-obtain ISO 9002 certification.
  • 1999: Company sets up an Oracle Competence centre.
  • 1999: Sets up Nortel CISCO Labs.
  • 2000: New B2B service applications developed - GTL E-enterprise - an Enterprise Resources Planning (ERP) package for small and medium enterprises.
  • 2000: GTL moves out of its Subscriber End Terminal Division.
  • 2001: GTL merges group company - GECS and acquires two software Companies, Fine Infotech Limited (FIL) and Thermax Systems & Software Limited (TSSL).
  • 2001: Fully commissions 1,000 seat Call centre spread over 1,20,000 sq. ft. area in Navi Mumbai.
  • 2001: Sets up 51% subsidiary, GTL E-Secure Ltd., focused on Security Solutions for enterprises.
  • 2001: Company name changed to 'GTL Limited'. GTL ranked amongst ‘Best 200 Small firms’ by Forbes Magazine.
  • 2002: GTL enhances international presence with over 100 employees and 11 offices.
  • 2002: Assessed at SEI-CMM Level 4 for Enterprise Solutions - Software Development.
  • 2002: GTL’s Call Centre division ranked third in the ITES sector by NASSCOM.
  • 2003: GTL wins Golden Peacock National Quality.
  • 2003: IGTL's subsidiary, IGTL Saudi Arabia Limited, to execute the Saudi Telecom Project.
  • 2003: 16 critical processes of the company have been undertaken as projects under Six Sigma Initiatives.
  • 2005: “Nortel N power Partner of the Year 2005” Award from Nortel Networks.
  • 2005: “Most Significant Competition Breakthrough 2005” Award from Nortel Networks.
  • 2005: “Best Process Compliance Year 2005” Award from Nortel Networks.
  • 2006: Acquisition of UK Based Genesis Consultancy.
  • 2006: Listing of GTL Infrastructure Limited, a spin off from GTL as part of the restructuring process.
  • 2006: Opens office in Thailand.
  • 2006: Bags first project in Africa.
  • 2006: Bags BSR Award for Corporate Governance - Business for Social Responsibility.
  • 2006: President’s award to Mr. Charudutta Jadhav, a visually impaired GTL employee.
  • 2006: APAC Partner of the Year 2006” Award for Oracle E-Business Suite Special Edition.
  • 2006: The Best On time Renewal Partner in the Year 2006 Award from Oracle Support Services.
  • 2007: GTL hives off Enterprise Networks and Managed Services business to Orange Business Services, an arm of France Telecom.
  • 2007: GTL wins the prestigious Golden Peacock Global Award for Corporate Governance.
  • 2007: GTL enters into a strategic alliance with Ericsson UK, to offer Managed Network Infrastructure Services to customers in UK and Ireland.
  • 2007: GTL International, a 100% international subsidiary of GTL, acquires SCS, a Network Deployment Company in USA.
  • 2007: GTL successfully completes the buyback of shares.
  • 2007: GTL International, a 100% international subsidiary of GTL, acquires ADA Cellworks, the leading Network Planning and Optimization player in Asia Pac.
  • 2008: GTL Wins Golden Peacock National Training Award 2008.
  • 2008: GTL receives the prestigious Greentech Environment Excellence Silver Award 2008.
  • 2008: GTL forms Strategic Alliance with Vanu Inc to Conduct Shared Active Infrastructure Field Trials in India.
  • 2008: GTL wins Outstanding Contributor to Corporate Responsibility Award from Nokia-Siemens.
  • 2008: GTL becomes No. 1 Telecom Turnkey Company of the year in V&D 100 Survey.
  • 2009: GTL features amongst top 10 companies in the S&P ESG Index 2009.
  • 2009: GTL wins the 'Performance Excellence' Trophy from IMC Ramkrishna Bajaj National Quality Award.
  • 2009: GTL entered into a “Global Supplier Co-operation Agreement” with Huawei for worldwide co-operation in Network Services.
  • 2009: GTL extends its capabilities to serve power utilities, bags Rs 324 crore order from Maharashtra State Electricity Distribution Co Ltd (MSEDCL).
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