
GTPL Hathway Reports Resilient Financial Results for FY26, Highlights Growth in Broadband Services
Ahmedabad, April 15, 2026: GTPL Hathway Limited, India's largest Digital Cable TV Service Provider and a leading Broadband Service provider, today announced its Financial Results for the Quarter and Financial Year ended March 31, 2026.The company reported strong overall performance, with consolidated figures showing growth across both its Cable TV and Broadband segments.
Key Financial Performance Highlights (FY26)
The following tables summarize the key consolidated business and financial highlights for the financial year ending March 31, 2026.| Metric | FY26 Annual Growth |
|---|---|
| Growth in Total Revenue | ₹ 2,394 Mn |
| Growth in Broadband Revenue | ₹ 124 Mn |
| Digital Cable TV Active Subscribers | 9.40 Mn |
| Broadband Active Subscribers | 1060 K |
Financially, the company's revenue stood at ₹ 37,466 Mn, representing a 7% annual growth. Broadband Revenue saw an annual growth of 2%.
For the quarter ending March 31, 2026, Total revenue reached ₹ 9,344 Mn, marking a 4% year-over-year growth.
The consolidated financial data over the last four quarters is detailed below:
| Particulars (₹ in million) | Q4 FY26 | Q3 FY26 | Q4 FY25 | FY26 |
|---|---|---|---|---|
| Digital Cable TV Revenue | 2,850 | 2,970 | 2,982 | 11,862 |
| Broadband Revenue | 1,394 | 1,433 | 1,358 | 5,580 |
| Total Revenue | 9,344 | 9,382 | 8,989 | 37,466 |
| EBITDA | 908 | 1,189 | 1,144 | 4,321 |
| EBITDA Margin (%) | 9.7% | 12.7% | 12.7% | 11.5% |
| Operating EBITDA* (%) | 18% | 24% | 22% | 22% |
Furthermore, the board of directors recommended a dividend of ₹ 2/- per share, representing 20% of the Face value for FY26.
Operational Deep Dive
Cable TV Segment:As of March 31, 2026, the Digital Cable TV segment reported 9.40 Mn active subscribers, with 8.70 Mn paying subscribers. Subscription revenue from Cable TV was ₹ 2,850 Mn in Q4 FY26, accumulating to ₹ 11,862 Mn for the full fiscal year.
Broadband Segment:
The broadband vertical saw an increase in subscribers by 15K year-over-year, reaching a total of 1060K active subscribers. Broadband revenue for Q4 FY26 was ₹ 1,394 Mn, showing a 3% year-over-year growth, and totaling ₹ 5,580 Mn for FY26, confirming the 2% annual increase.
Operational metrics for broadband include:
- Homepass as on March 31, 2026, stood at 5.95 Mn, with approximately 75% available for FTTX conversion.
- Broadband Average Revenue Per User (ARPU) remained at ₹ 465 per month per subscriber.
- Average data consumption per user per month was 436 GB in Q4 FY26, reflecting a 10% year-over-year increase.
Management Commentary and Outlook
Commenting on the financial outcomes, Mr. Anirudhsinh Jadeja, Managing Director of GTPL Hathway Limited, stated that the company delivered a stable and consistent performance in Q4 FY26 across both Cable TV and Broadband segments. He attributed this resilience to the strength of the operating model and the ability to navigate a highly competitive environment.Jadeja highlighted the strategic focus on enhancing customer experience and driving deeper engagement. The company is expanding its service portfolio beyond traditional offerings by integrating value-added services such as OTT, Gaming, and TV Everywhere in both standalone and bundled formats.
A major milestone for the financial year was the launch of 'GTPL Infinity,' a satellite-based HITS platform. Supported by one of the world's largest C-Band teleports in Ahmedabad, the platform facilitates seamless nationwide distribution of nearly 800 channels with high reliability.
Looking forward, Mr. Jadeja noted that the upcoming financial year will be critical as the company remains committed to enhancing its TV distribution capabilities by leveraging the potential of the newly launched platform and increasing broadband penetration in key markets.
GTPL Stock Price Movement
On Wednesday, GTPL Hathway Limited shares gained 3.41% to close at ₹71.84. The stock saw substantial activity, trading on a volume of 164,958 shares throughout the session.Source:
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