Highlights: GTPL Hathway’s Consolidated 9M FY22 Revenue at Rs 18,288 million, up by 5% YoY 9M FY22 Broadband Revenue at Rs 2,978 million, up by 51% YoY; added 1,30,000 Net Subscribers 9M FY22 PAT at Rs 1,454 million, up by 11% YoY Consolidated Q3 FY22 revenue (incl. EPC) at Rs 6,130 million; Consolidated 9M FY22 revenue (incl. EPC) at Rs 18,288 million; up 5% YoY Q3 FY22 ISP Revenue at Rs 1,054 million; up by 35% YoY; 9M FY22 at Rs 2,978 million; up by 51% YoY Q3 FY22 EBITDA (incl. EPC) at Rs 1,473 million; Q3 FY22 EBITDA (ex-EPC) Rs 1,472 million; Q3 FY22 PAT at Rs 546 million; up by 21% YoY 9M FY22 EBITDA (incl. EPC) Rs 4,301 million; up 3% YoY; 9M FY22 EBITDA (ex-EPC) Rs 4,277 million; up 6% YoY; 9M FY22 PAT at Rs 1,454 million; up 11% YoY As on 9M FY22, Paying Subscribers stood at 7.50 million Added 1,30,000 net broadband subscribers in 9M FY22 Commenting on the performance, Anirudhsinh Jadeja, Managing Director, GTPL Hathway, said, The highlight of 9M FY22 performance was CATV business expansion in new states coupled with robust subscriber additions & subscription revenues for Broadband business. On the Broadband side, the Company is expanding in Gujarat and is penetrating in other states through business partners. GTPL Hathway added 1,30,000 net broadband subscribers in 9M FY22. The Company adheres to follow its strategic roadmap by offering a value proposition to its esteemed consumers and constantly enrich their experience.” Result PDF
Conference Call with GTPL Hathway Management and Analysts on Q2FY22 Performance and Outlook. Listen to the full earnings transcript.
GTPL Hathway’s Consolidated H1 FY22 Revenue at ? 12,159 million, up by 12% YoY Key Highlights: Consolidated Q2 FY22 revenue (incl. EPC) at Rs 6,052 million; up 4% y-o-y; Consolidated H1 FY22 revenue (incl. EPC) at Rs 12,159 million; up 12% y-o-y Q2 FY22 ISP Revenue at Rs 1,006 million; up by 50% y-o-y; H1 FY22 at Rs 1,924 million; up by 61% y-o-y Q2 FY22 EBITDA (incl. EPC) Rs 1,448 million; up 4% y-o-y; Q2 FY22 EBITDA (ex-EPC) Rs 1,443 million; up 8% y-o-y; Q2 FY22 PAT at Rs 433 million H1 FY22 EBITDA (incl. EPC) Rs 2,828 million; up 6% y-o-y; H1 FY22 EBITDA (ex-EPC) Rs 2,805 million; up 8% y-o-y; H1 FY22 PAT at Rs 908 million; up 5% y-o-y As on H1 FY22, Paying Subscribers stood at 7.35 million Added 1,00,000 net broadband subscribers in H1 FY22. Consolidated Financial Performance Highlights: Revenue stood at Rs 12,159 million; up 12% y-o-y Revenue (ex. EPC) at Rs 11,835 million; up 20% y-o-y CATV subscription revenue at Rs 5,356 million Broadband revenue at Rs 1,924 million, up 61% y-o-y EBITDA at Rs 2,828 million; up 6% y-o-y; EBITDA (ex. EPC) at Rs 2,805 million; up 8% y-o-y; EBITDA margin (ex. EPC) at 23.7% Finance cost down 62% y-o-y Profit after tax at Rs 908 million; up 5% y-o-y H1 FY22 EPC Contract revenue, EBITDA and PBT at Rs 324 million, Rs 22 million and Rs 22 million respectively. Revenue stood at Rs 6,052 million; up 4% y-o-y Revenue (ex. EPC) at Rs 5,992 million; up 18% y-o-y CATV subscription revenue at Rs 2,715 million Broadband revenue at Rs 1,006 million, up 50% y-o-y EBITDA at Rs 1,448 million; up 4% y-o-y; EBITDA (ex. EPC) at Rs 1,443 million; up 8% y-o-y; EBITDA margin (ex. EPC) at 24.1% Profit after tax at Rs 433 million Q2 FY22 EPC Contract revenue, EBITDA and PBT at Rs 61 million, Rs 4 million and Rs 4 million respectively Standalone Financial Performance Highlights: Revenue at Rs 7,821 million; up 2% y-o-y Revenue (ex. EPC) at Rs 7,497 million, up 12% y-o-y CATV subscription revenue at Rs 3,723 million EBITDA at Rs 1,595 million; EBITDA (ex. EPC) at Rs 1,572 million; EBITDA margin (ex. EPC) at 21.0% Profit after tax stood at Rs 637 million Revenue at Rs 3,818 million Revenue (ex. EPC) at Rs 3,757 million, up 11% y-o-y CATV subscription revenue at Rs 1,887 million EBITDA at Rs 798 million; EBITDA (ex. EPC) at Rs 794 million; EBITDA margin (ex. EPC) at 21.1% Profit after tax stood at Rs 332 million Commenting on the performance, Anirudhsinh Jadeja, Managing Director, GTPL Hathway said, “GTPL Hathway continues to deliver on key KPIs during H1 FY22. The highlight of H1 FY22 performance was robust subscriber additions & subscription revenues for Broadband business, coupled with strong Balance Sheet and return ratios. The Company added 1,00,000 net broadband subscribers in H1 FY22. The Balance Sheet remains strong owing to ‘Net Debt Free’ status leading to impressive ROCE and ROE of 33% and 20%, respectively as on 30th September, 2021. With the economy getting back to normalcy led by aggressive vaccination drive, the Company is geared to strengthen its presence in the existing & new markets." Result PDF