TV Broadcasting & Software Production
|Market Cap||1,605 Cr||EPS||11.3||High||148.5|
|Stock P/E||12.6||Net Profit Margin||7.6||Low||143.55|
About the Company
GTPL Hathway was incorporated on August 21, 2006 at Ahmedabad as ‘Gujarat Tele Link Private Limited’, as a private limited company under the Companies Act, 1956. Pursuant to a resolution of the Board of Directors dated April 12, 2013 and a resolution of the shareholders dated April 12, 2013, the name of the Company was changed to ‘GTPL Hathway Private Limited’ and a fresh certificate of incorporation consequent upon change of name was granted by the RoC on May 6, 2013. The Company was converted into a public limited company pursuant to approval of the board at a board meeting held on August 23, 2016 and shareholders at an extraordinary general meeting held on August 26, 2016. Consequently, the name of the Company was changed to ‘GTPL Hathway Limited’ and a fresh certificate of incorporation consequent upon conversion to a public limited company was granted to the Company by the RoC on September 28, 2016.
They are a leading regional MSO in India, offering cable television and broadband services. They are the number 1 MSO in Gujarat with a market share of 67% of cable television subscribers in 2015, accounting for approximately 3.7 million of 5.6 million cable television households in Gujarat. They are the number 2 MSO in Kolkata and Howrah in West Bengal with a market share of 24% of cable television subscribers in this market in 2015, accounting for approximately 0.7 million of 3.0 million cable television households in Kolkata and Howrah.
Business area of the Company
GTPL's source of revenue for cable services is subscription income received from subscribers and carriage and placement revenues received from broadcasters for carrying their channels and placing their channels on their preferred channel number or position. They also have the right to place the 'Gujarat News' channel on their network, which is produced by their Group Company, Gujarat Television Private Limited. GTPL produce its own content and also offer third-party content on its local channels to ensure that it has a suitable mix of content that appeals to a range of demographics.
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|Parent Organisation||GTPL Hathway Ltd.||Managing Director||Anirudhsinh Udaysinh Jadeja|