GTL Infrastructure share price & results
- Jun 2026
- Sept 2026
India's first listed independent telecom tower company, leasing shared passive infrastructure to mobile operators nationwide.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 327 | −2.4% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 44.0 | +20.0 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 69.0 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. | |
| Return on equity | −31.4 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. | |
| Free cash flow margin | −5.3 pts | Fiscal year | FY · period unavailable | Not in the analysed materials. No older figure is substituted. | |
| Revenue growth (YoY) | −34.4 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. |
Price
Performance −32.0% 1Y
1Y: ₹1.47 on 24 Oct 2025 → ₹1. High ₹1.61 (5 Jun 2026), low ₹0.97 (30 Mar 2026).
- Previous close
- ₹0.99
- Market cap
- ₹1.3k Cr
- 52-week range
- ₹0.97 – ₹1.61
- One year
- −31.51%
Overview
- Symbol
- NSE:GTLINFRA
- Sector
- Telecommunication
- Exchange
- NSE
- Currency
- INR
What GTL Infrastructure Limited does
Based on the company's own presentations, annual report and earnings calls.
GTL Infrastructure builds, owns and manages passive telecom infrastructure — towers, shelters and power backup systems — which it leases to mobile network operators under long-term sharing (co-location) agreements, earning tower and energy-service fees per tenancy. This shared-infrastructure model lets telecom operators avoid building their own towers, shifting their spend from capital expenditure to an operating cost. Incorporated in 2004, the company was the first independent tower company in India to be listed on the stock exchanges.
Segments
- Telecom Tower Infrastructure
- Total tower count
- 21,582
- Occupied tower count
- 10,381
- Unoccupied tower count
- 11,201
- Total tenancies
- 22,262
- Average tenancy per occupied tower
- 2.1x
- Market position
- First independent tower company in India to be listed on stock exchanges
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 5 fiscal years held (Mar 2009 to Mar 2017).
Financials
What the filings say
Net profit, year on year: +130% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 336 | 338 | 337 | 335 | 356 | 351 | 330 | 327 |
| Expenses | 271 | 248 | 291 | 255 | 243 | 260 | 281 | 185 |
| Operating profit | 65 | 91 | 46 | 80 | 113 | 91 | 50 | 143 |
| Operating margin | 19.0% | 27.0% | 14.0% | 24.0% | 32.0% | 26.0% | 15.0% | 44.0% |
| Other income | 10 | 3 | 3 | 5 | 19 | 8 | 1,213 | 5 |
| Interest | 229 | 241 | 238 | 253 | 265 | 22 | 22 | 23 |
| Depreciation | 60 | 63 | 60 | 64 | 60 | 57 | 55 | 56 |
| Profit before tax | -214 | -210 | -249 | -232 | -193 | 20 | 1,186 | 69 |
| Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net profit | -214 | -210 | -249 | -232 | -193 | 20 | 1,186 | 69 |
| EPS (₹ per share) | -0.17 | -0.16 | -0.19 | -0.18 | -0.15 | 0.02 | 0.93 | 0.05 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 1,458 | 1,373 | 1,343 | 1,372 |
| Expenses | 1,429 | 1,006 | 1,068 | 1,039 |
| Operating profit | 28 | 366 | 276 | 334 |
| Other income | -560 | 35 | 21 | 1,245 |
| Interest | 782 | 805 | 928 | 562 |
| Depreciation | 504 | 277 | 244 | 236 |
| Profit before tax | -1,818 | -682 | -875 | 781 |
| Net profit | -1,818 | -682 | -875 | 781 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 12,623 | 12,671 | 12,807 | 12,809 | 12,809 | 12,809 |
| Reserves | -15,369 | -17,212 | -17,894 | -18,770 | -19,196 | -18,024 |
| Borrowings | 4,872 | 4,281 | 3,901 | 3,715 | 3,429 | 5,898 |
| Other liabilities | 3,428 | 4,531 | 5,392 | 6,363 | 6,854 | 2,442 |
| Total liabilities | 5,555 | 4,271 | 4,206 | 4,117 | 3,896 | 3,125 |
| Fixed assets | 4,556 | 3,220 | 3,007 | 2,845 | 2,775 | 2,668 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 65 | 69 | 74 | 26 | 27 | 0 |
| Other assets | 933 | 982 | 1,125 | 1,246 | 1,094 | 458 |
| Total assets | 5,555 | 4,271 | 4,206 | 4,117 | 3,896 | 3,125 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 419 | 503 | 495 | 194 | 635 | 535 |
| Cash from investing | -40 | -64 | -34 | -12 | 37 | 8 |
| Cash from financing | -161 | -387 | -453 | -267 | -255 | -1,256 |
| Net cash flow | 218 | 52 | 8 | -85 | 417 | -713 |
| Free cash flow | 377 | 438 | 450 | 177 | 610 | 499 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 27 | 22 | 33 | 84 | 22 | 11 |
| Cash conversion cycle | 27 | 22 | 33 | 84 | 22 | 11 |
| Working capital days | -1762 | -1845 | -1986 | -2199 | -2519 | -861 |
| Return on capital employed | −2.0% | −2.0% | −12.0% | — | — | — |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Ownership
Who owns it
Public hold 65.09% as of Sept 2026; institutions cut 0.34 pts since Jun 2026.
- Promoters 3.28%
- Foreign institutions 0.43%
- Domestic institutions 31.20%
- Public 65.09%
Who is on the register
Named in the Sep 2026 filing
Every holder of GTL Infrastructure Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| Bank | 12.07% | unchanged |
| Bank | 6.17% | unchanged |
| Bank | 5.65% | unchanged |
| Bank | 4.05% | unchanged |
| 3.28% | unchanged | |
| Insurer | 2.76% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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