Annual reportSep 2026
Sep 2026 · Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 15 Sep - GTL Limited’s 38th AGM is on September 30, 2026; annual report web-link shared with shareholders.
Source: Bse
GTL Limited (GTL)
Small CapTelecom stocks · Small cap · NSE
GTL Limited operates in Telecom Infrastructure, within the Telecom sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:50 pm ISTDetails
Quote21 Oct, 03:50 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result11 Aug, 06:07 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage10/14 · 71%
Valuation2026-07-20 · Rf 6.8% · Telecom P/E 28.1 (n=16)
Technical timing lens
Trend score and candlestick chart
19Strong Bearfull bear SMA stack · SMA20 -6.7% / mo · MACD −
Stock trend: 19
Sector RS: —
Telecom FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
GTLD candles · FIT view-12.1%Latest close ₹6.42 on 2026-10-21
Bar
+0.5%
RSI
37
MACD hist
-0.03
52W pos
34%
2026-10-21O ₹6.39H ₹6.88L ₹6.30C ₹6.42Vol 2.0L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
GTLNifty TelecommunicationsNifty 500
- GTL
- -11.2%
- Nifty 500
- -6.5%
- Nifty Telecommunications
- +1.0%
- Vs Nifty 500
- -4.7 pp
Chart stats
21 Oct 2026- From 52W high
- -32.8%
- 52W range position
- 33%
- ATR (14)
- 4.9%
- Volume vs 20D
- 1.06x
- Avg traded value
- ₹0.1 Cr
- 20D price channel
- ₹6.1 - ₹7.2
₹9.6
₹4.9 - ₹9.6
₹0.3
Latest completed session
20-session average
25.6% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · WATCHLIST34
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Good57
Revenue +7.1% · PAT +1912.5% YoY
Technical
Strong Bear19
Price trend and sector-relative-strength timing.
Valuation
Legacy model+96.3%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence65
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Good · 57/100Rev +7% YoY · PAT +1913% YoY · operating leverage · margin compression
Filed 11 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹60 Cr | +7.1% | +3.5% |
| EBITDA | ₹-2 Cr | -112.5% | +92.0% |
| Operating margin | -3.2% | -3120 bps | +4080 bps |
| PAT | ₹322 Cr | +1912.5% | -47.1% |
| PAT margin | 536.7% | +50810 bps | -51333 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- —
- P/B
- —
- EV/EBITDA
- —
- Market Cap
- 106.00Cr
Profitability
- ROE
- —
- ROCE
- —
- ROA
- 673.48%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- -13.76%
- EPS 5Y
- -15.00%
- Revenue 3Y
- 6.00%
- EPS 3Y
- 11.00%
Balance Sheet
- Debt/Equity
- 0.00
- Interest Coverage
- -1.17×
- Altman Z
- -0.70
- Book Value
- -346.00
Cash Flow
- FCF Yield
- 154.72%
- FCF Positive Y
- 12/5
- OCF
- 166.00 Cr
- EPS TTM
- 56.52
Shareholding
- Promoter Hold
- 14.29%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 40%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 60.0+3.4% vs prev
Net Profit
₹ CrLatest: 322-47.1% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend down. RSI 37. Wait for confirmation.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~7.2% over last month) — short-term momentum negative.
- RSI(14) at 37 — rising, no extreme reading.
- MACD below signal but histogram contracting — bearish momentum easing.
- 32% off 52W high · 31% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
32
RS percentile
Stage 1 Base / Transition
1M return
-8.8%
3M return
-11.2%
6M return
-12.7%
1Y return
-30.3%
RS 1D
+6
RS 20D
-3
Sector rank
#3
Industry rank
#29
Stage evidence
- Price is 11.7% below the 30-week proxy without full trend alignment.
- The 30-week proxy changed -0.2% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price below
Sector
leading
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
262 observations
21 Oct 2026Value 70.15+2.86%
RS vs Nifty 50070
Valuation & peers
U-Score 34 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 34 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Deep Value
Fundamental score breakdown
U band · WATCHLISTValuation22/30
Growth3/25
Quality0/20
Balance Sheet4/15
Cash Flow8/10
Piotroski
7/9 (+5)
Penalties
-8
Raw sum
34
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
34/100 · legacy band WATCHLIST
Positive drivers
- FCF yield is supportive at 154.7%.
- Piotroski is strong at 7/9.
- Fair-value margin of safety is positive at 96.3%.
Main drags
- Altman Z is -0.7, in distress territory.
- Penalty bucket subtracts 8 points.
- Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model
Execution business valuation: EV/EBITDA plus order and working-capital risk
Capital-intensive execution stories need cash-flow and balance-sheet checks alongside valuation.
Primary lens
EV/EBITDA and PE against execution quality and margin stability.
Secondary checks
Order book, receivables, working capital, debt, operating cash flow.
Main risk check
Order wins matter only if they convert into cash and margins.
PE
—
PB
—
EV/EBITDA
—
ROE
—
ROCE
—
FCF Yield
154.7%
Debt/Equity
0.0
MoS
+96.3%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
34
Previous: 34
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
+96.3%
Previous: +96.3%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
34
34
34
34
34
34
34
34
34
34
34
34
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
—
Growth-justified P/E
3.0
Growth-justified Value
₹168.43
+96.3% MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Telecom — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
RTL
SME
Rama Telecom Ltd.
Telecom Services
match 59
26
34.5
10.0%
+5%
OVERVALUED
ACCORD
SME
Accord Synergy Ltd.
Telecom Services
match 54
5
84.8
6.0%
-680%
OVERVALUED
RCOM
Small
Reliance Communications Limited
Telecom Services
match 53
25
—
—
—
OVERVALUED
VIVO
SME
Vivo Collaboration Solutions Ltd.
Telecom Services
match 51
10
—
-8.1%
—
OVERVALUED
MTNL
Small
Mahanagar Telephone Nigam Limited
Telecom Services
match 47
16
—
—
—
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
GTL Limited operates in Telecom Infrastructure, within the Telecom sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
65Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 45th percentile of the scored universe and 50th percentile within Telecom. Main check: financial discipline is weak at 42/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
2 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
45th percentile
overall median 67 · Telecom: 50th pctile, median 66 · Small: 50th pctile, median 66
Evidence depth
Financial-only
2 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
66
acceptable · holding, pledge, alignment
Cash flow
89
strong · profit to cash conversion
Balance sheet
66
acceptable · leverage and solvency
Discipline
42
weak · capital discipline
Results
50
watch · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸FCF yield is 56.3%.
- ▸8 years of positive FCF.
- ▸Debt/equity is 0.00.
Trust risks
- ▸Promoter holding is only 14.3%.
- ▸Interest coverage is 0.1x.
- ▸ROCE trend is -10.7%.
- ▸1 of the latest 4 quarters had PAT decline worse than 25% YoY.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching GTL Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Change in Directorate 25 Aug - GTL fixed September 30, 2026 AGM date and noted Mrs. Siddhi Thakur will cease as director.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 9 Sep - Publication of Notice to Shareholders in Newspapers regarding 38th Annual General Meeting and remote e-voting facility
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 12 Aug - Copy of the newspaper publication pertaining to the financial results of the Company for the quarter ended June 30, 2026
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Bse
AnnouncementMar 2026
Mar 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 15 May - Copy of newspaper publication pertaining to financial results of the Company for the quarter and year ended March 31, 2026
Source: Bse
Annual reportMar 2025
Mar 2025 · Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.