| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 60.0 | 55.7 | +7.7% |
| EBITDA | −1.9 | 15.8 | — |
| EBITDA margin | −3.2% | 28.3% | −31.6 pts |
| Profit before tax | 322 | 18.9 | +1,604.5% |
| Net profit | 322 | 15.6 | +1,965.1% |
| EPS | ₹20.48 | ₹0.99 | +1,968.7% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 94.2 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 3.1 | 3.1 | 0.4 | 7.6 | 5.1 | ||
| 4,881 | 4,881 | 5,628 | 5,757 | 6,065 | ||
| 4,973 | — | — | — | — | ||
| 229 | 224 | 254 | 202 | 186 | ||
| — | −11.6% | +25.7% | +8.3% | — | ||
| −42.1 | −22.1 | 64.5 | 60.4 | −18.9 | ||
| −18.4% | −9.9% | 25.4% | 29.9% | −10.1% | ||
| −48.8 | −29.5 | 52.9 | 55.2 | −23.2 | ||
| 889 | 583 | −8.4 | 211 | 57.2 | ||
| 388.8% | 259.6% | −3.3% | 104.4% | 30.7% | ||
| ₹56.53 | ₹37.03 | −₹0.53 | ₹13.40 | ₹3.64 | ||
| — | +7,050.1% | −104.0% | +268.5% | — | ||
| — | 166 | 198 | 175 | 18.1 | ||
| — | −4.9 | −11.9 | −2.8 | −2.5 | ||
| 161 | 161 | 186 | 172 | 15.6 | ||
From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 94.2 | |
| - Cash, Equiv & ST Investments | 5.1 | 7.6 | 0.4 | 3.1 | 3.1 | |
| + Total Debt | 6,064.7 | 5,757.2 | 5,628.3 | 4,881.3 | 4,881.3 | |
| Enterprise Value | — | — | — | — | 4,972.5 | |
| Revenue | 186.4 | 201.9 | 253.9 | 224.4 | 228.7 | |
| Growth %, YoY | — | +8.3 | +25.7 | -11.6 | — | |
| EBITDA | -18.9 | 60.4 | 64.5 | -22.1 | -42.1 | |
| Margin % | -10.12 | 29.93 | 25.40 | -9.86 | -18.40 | |
| EBIT | -23.2 | 55.2 | 52.9 | -29.5 | -48.8 | |
| Net Income | 57.2 | 210.8 | -8.4 | 582.5 | 889.1 | |
| Margin % | 30.69 | 104.40 | -3.30 | 259.63 | 388.83 | |
| EPS, Adj (current shares) | 3.64 | 13.40 | -0.53 | 37.03 | 56.53 | |
| Growth %, YoY | — | +268.5 | -104.0 | +7,050.1 | — | |
| Cash from Operations | 18.1 | 175.3 | 198.1 | 166.1 | — | |
| Capital Expenditures | -2.5 | -2.8 | -11.9 | -4.9 | — | |
| Free Cash Flow | 15.6 | 172.5 | 186.3 | 161.2 | 161.2 | |
Prices at the previous close · figures from the company's filings with NSE
GTL (NSE: GTL) had a market capitalisation of ₹94.2 crore at the previous close (₹5.99 a share) and a PE ratio of 0.1 on the last four quarters' profit. In FY26 its standalone net profit was ₹583 crore on revenue of ₹224 crore; in Q1 FY27 (April–June 2026) it was ₹322 crore. Its net worth was negative (−₹5,446 crore) on 31 March 2026, with borrowings of ₹4,881 crore. Promoters held 14.29% of the shares on 30 September 2026.
GTL's PE ratio is 0.1 at the previous close (₹5.99 a share): a market capitalisation of ₹94.2 crore divided by standalone net profit of ₹889 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹583 crore) it is 0.2. These four quarters include net exceptional items of ₹933 crore (one-off gains reported separately), so the ratio on recurring profit would differ.
GTL's return on equity is not meaningful for FY26: shareholders' equity was negative (−₹5,446 crore on 31 March 2026), and a return on a negative base has no sign that can be read. Its return on capital employed (ROCE) was 0.6% — operating profit (EBIT) divided by average capital employed (total assets less current liabilities).
On 30 September 2026, GTL's shares were held by promoters 14.29%, foreign portfolio investors (FII/FPI) 0.00%, domestic institutions (DII) 8.39% (including mutual funds at 0.00%) and retail and other non-institutional investors 77.32%. Over the year, FII holding was unchanged and DII holding was unchanged.
GTL's market capitalisation was ₹94.2 crore at the previous close: 15.73 crore shares at ₹5.99 each.
GTL's basic earnings per share (EPS) were ₹37.03 in FY26. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹56.52.
Promoters held 14.29% of GTL on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
No. GTL had borrowings of ₹4,881 crore on 31 March 2026 (standalone balance sheet). Its cash and current investments were ₹18.9 crore, so its net debt was ₹4,862 crore.
In FY26, GTL generated ₹166 crore of cash from operations and spent ₹4.9 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹161 crore. In FY25 it was ₹186 crore.
GTL's latest results are for Q1 FY27 (April–June 2026), filed on 11 August 2026: standalone net profit ₹322 crore; revenue from operations ₹60 crore, up 7.7% year on year.
GTL's debt-to-equity ratio is not meaningful: its total equity was negative (−₹5,446 crore) on 31 March 2026, against borrowings of ₹4,881 crore. A negative equity means accumulated losses exceed the capital shareholders put in.
GTL's net worth was negative on 31 March 2026: shareholders' equity of −₹5,446 crore in its standalone balance sheet, meaning accumulated losses exceed the capital put in. The market still values the company at ₹94.2 crore (market capitalisation at the previous close).
In FY26 (April 2025–March 2026), GTL's standalone net profit was ₹583 crore, against a loss of ₹8.4 crore in FY25, on revenue from operations of ₹224 crore (down 11.6%). Over three years, from FY23, net profit was up 918.3%.
GTL will announce its Q2 FY27 results (July–September 2026) on Thursday, 5 November 2026, the date of the board meeting it has notified to the exchanges.
On FY26 standalone figures, against STL Networks: GTL's operating margin of −13.2% is the lower of the two (STL Networks 3.8%; peer average 3.8%).
In FY26, GTL earned net profit of ₹583 crore on revenue of ₹224 crore, against ₹25.6 crore on ₹851 crore for STL Networks. GTL's operating margin was −13.2% (STL Networks 3.8%).
From GTL's own standalone results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.
Standalone figures from the company's filings with NSE; prices are NSE closing prices.