GTPL Hathway Ltd

Meeting Details

• Date: October 14, 2026; Time: not disclosed.
• Event type: post-result conference call (audio recording available).
• Organizer: GTPL Hathway Limited.
• Purpose: discuss Consolidated and Standalone Q2 FY27 results.
• Key participants: Company Secretary & Compliance Officer.
• Subject: Consolidated and Standalone unaudited results for quarter and half year ended Sep 30, 2026.
• Recording: audio recording posted on company website.

Business Overview

• GTPL Hathway offers digital TV and broadband via HITS platform nationwide.
• Inorganic expansion: ACT's Digital TV business targeted for completion by Sep 15, 2026.

Operational Highlights

• HITS launched 30 Nov 2025; ~800 channels, ~100 HD; Pan-India signal delivery.
• Active CATV subscribers 11 Mn; Paying 10.30 Mn; Broadband subscribers 6.00 Mn.
• Expansion into AP, Telangana, Tamil Nadu, North-East, Haryana, Uttarakhand, Chhattisgarh.

Financial Performance

• Consolidated total income ₹11,464 Mn in Q2 FY27; +12% YoY.
• EBITDA ₹1,103 Mn; EBITDA margin 9.6%.
• PAT ₹(5) Mn; PBT ₹(38) Mn; one-time forex loss and transponder costs.

Capital Structure & Liquidity

• One-time forex loss ₹45 Mn; 7 transponders add ₹30 Mn finance cost; total ₹75 Mn impact.
• HITS license secured Aug 2025; ACT acquisition timeline to Sept 15, 2026.

Strategic Priorities & Outlook

• Pursue pan-India expansion via HITS; consolidate smaller players.
• Bundle TV + broadband + OTT; target rural and cable-dark markets.
• HITS lowers delivery and bandwidth costs to support scale.

Risks & Mitigation

• Forex losses and higher finance costs weigh near-term margins; HITS-driven savings offset long-term.

Governance & Leadership

• No governance changes disclosed in this chunk.

Financial highlights

• Q2 FY27 consolidated revenue at ₹11,464 Mn, up 19% YoY.
• EBITDA ₹1,103 Mn with 9.6% margin; operating EBITDA margin 20%.
• PAT of ₹-5 Mn in Q2 FY27.

Operational highlights

• Digital Cable TV active subscribers: 11 Mn as of Sep 30, 2026.
• Paying subscribers 10.3 Mn, up 17% YoY.
• Broadband subscribers 1.07 Mn; revenue ₹1,459 Mn in Q2 FY27.
• Broadband Home-pass 6 Mn; ~75% available for FTTX.
• Broadband ARPU ₹470 per month; data usage 436 GB.

Strategic update

• ACT Group transaction completed; adds ~6 lakh subscribers across AP, Telangana, Odisha, Karnataka.
• Intends to integrate acquired operations and expand broadband footprint.

Acquisition of DL GTPL Cabnet Private Limited

• Target: DL GTPL Cabnet Private Limited, cable TV distribution operator in India.
• Turnover FY2025-26: Rs 637.11 million.
• Turnover FY2024-25: Rs 699.67 million; FY2023-24: Rs 705.92 million.
• Acquisition: 74% stake (88,800 shares) for Rs 83.25 million; price Rs 937.50 per share.
• Post-acquisition, DL GTPL will become a wholly owned subsidiary.
• Consideration: cash; completion expected by 31 October 2026.
• Related party: six transferors are related parties of DL GTPL; no promoter interest; arm's length.
• Regulatory approvals: none required.
• Background: Incorporated May 14, 2009; distributes cable television channels in India.

Correction

• Correction to covering letter date; the date should read as the AGM results filing date.

AGM Details

• Date and time: 28 Sep 2026, 12:30 PM IST, via VC/OAVM.
• Record date for voting: 21 Sep 2026.
• Shareholders on record: 28,968.

Key Resolutions and outcomes

• Resolution 1 (Ord): Adopt standalone and consolidated financial statements for FY2026; passed.
• Resolution 2 (Ord): Declare dividend on equity shares for FY2026; passed.
• Resolution 3 (Ord): Appoint Ajay Singh as Director by rotation; passed.
• Resolution 4 (Ord): Ratify remuneration of Cost Auditors for FY2027; passed.
• Resolution 5 (Special): Re-appoint Rajendra Hingwala as Independent Director; passed.
• All resolutions passed with requisite majority; one abstention (250 shares) noted.

Directors & Audit

• Ajay Singh re-appointed as Director (rotational).
• Rajendra Hingwala re-appointed as Independent Director.
• Remuneration of Cost Auditors for FY2027 ratified.

AGM details

• Held on 28 September 2026 via VC/OAVM, 12:30–1:00 IST.
• Remote e-voting from 24–27 September 2026; Insta Poll at meeting.
• Scrutiniser appointed: Chirag Shah and Raimeen Maradiya.
• Meeting chaired by Ajay Singh; quorum met; auditors present.

Key resolutions

• Adoption of standalone and consolidated financial statements for FY2026.
• Declaration of dividend on equity shares at Rs 2 per share.
• Appointment of Ajay Singh as Director retiring by rotation.
• Re-appointment of Rajendra Hingwala as Independent Director.

Dividend

• Dividend of Rs 2 per equity share approved.

Director changes

• Ajay Singh re-appointed as Director (retiring by rotation).
• Rajendra Hingwala re-appointed as Independent Director.

Voting results

• All resolutions passed with requisite majority.

GTPL Hathway Limited: Trading Window Close Period begins October 01, 2026 and ends 48 hours after Unaudited Financial Results for the quarter and half year ending September 30, 2026 become generally available information.