GTL Infrastructure

Mumbai, India Founded: 2004 • Age: 22 yrs Listed
Passive infrastructure to wireless operators

About GTL Infrastructure

GTL Infrastructure is a publicly listed company based in Mumbai (India) founded in 2004 by Manoj Tirodkar. Passive infrastructure to wireless operators. The company has 1,590 employees. Its website gtlinfra.com draws about 14 thousand monthly visits. Its Indian entity Gtl Infrastructure Ltd reported revenue of β‚Ή2,617 Cr. Its focus areas include Telecom and Telecom Infrastructure.

Company details

GTL Infrastructure was founded in 2004 and is based in Mumbai, India. Operations focus on the telecommunications sector, where passive infrastructure is supplied to wireless operators. Services encompass infrastructure sharing, energy management, and maintenance of high network availability, including in remote areas like snow-clad mountains for pilgrims. The company supports domain operations through gtl infra.com.

  • Headquarters Mumbai, India
  • Employees 1,590
  • Founders Manoj Tirodkar
  • Stage Public
  • Sectors
    Telecommunications
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website gtlinfra.com
  • Social LinkedIn X Facebook
  • Legal Name Gtl Infrastructure Ltd
Key Metrics
  • Market Cap
    ₹1,281 Cr

    GTLINFRA · NSE

  • Share Price
    ₹1.01

    +1.00% today

  • Revenue
    ₹952 Cr

    FY 2016-17 · +4.3% YoY

  • EBITDA
    ₹381 Cr

    Margin 40.0%

  • Net Profit
    −₹594 Cr

    FY 2016-17 · +7.4% YoY

  • Employee Count
    1,590

Board of directors of Gtl Infrastructure Ltd (GTL Infrastructure)

Gtl Infrastructure Ltd is the primary company behind GTL Infrastructure. The board of Gtl Infrastructure Ltd currently have 6 directors; the longest-serving is Charudatta Kashinath Naik, appointed in 2004. 30 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Charudatta Kashinath Naik
DIN 00225472
Director04 Feb 200422 yrs 8 moGtl Infrastructure Ltd
Dina Sanjay Hatekar
DIN 08535438
Director14 Aug 20197 yrs 2 moGtl Infrastructure Ltd
Sunali Chaudhry
DIN 07139326
Director05 Sep 20233 yrs 1 moGtl Infrastructure Ltd
Ramesh Bhagavanrao Bhosale
DIN 00078848
Director13 Aug 20242 yrs 2 moGtl Infrastructure Ltd
Dhananjay Prabhakar Barve
DIN 00224261
Director13 Aug 20242 yrs 2 moGtl Infrastructure Ltd
Jeevan Umesh Rai
DIN 02356479
Director12 Sep 20242 yrs 1 moGtl Infrastructure Ltd

People of GTL Infrastructure

33 people are tracked at GTL Infrastructure (20 in leadership, 5 in board & advisors, 8 in team); the tracked headcount is 1,590.

NameRoleGroup
Founder & ChairmanLeadership
Milind Bengali
COO Business OperationsLeadership
DirectorLeadership
Milind Naik
Whole Time Director & COOLeadership
Rufina Fernandes
Vice President Strategic InitiativesLeadership
Sundaresan Ramdass
Circle Operations HeadLeadership
Pushkaraj Deshpande
Central Project HeadLeadership
Eswaravelan M
Head Regional OperationsLeadership
Keshav Nagrath
Partner Manager(sr Manager)Leadership
Vishnu Vardhan
General Manager SCMLeadership
Ca Ajit Shanbhag
Vice PresidentLeadership
Vijay Gautam
General ManagerLeadership
Jagadish Hegde
Vice PresidentLeadership
R C Khandelwal
Circle Head - NetworkLeadership
Laxmi Narayana Sahu
General ManagerLeadership
Khandu Sandbhor
Vice President Supply Chain & LogisticsLeadership
Jaideep Banerjee
Project Head PhilippinesLeadership
Sudip Chanda
Circle CEOLeadership
Gopalakrishnan Subramanian
General Manager - SCMLeadership
Zainul Abdeen
Circlnetwork HeadLeadership

13 more people are available in the full profile.

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IPO & Listings of GTL Infrastructure

GTL Infrastructure is a publicly listed company on the NSE with ticker symbol GTLINFRA in India, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date09 Nov 2006
  • Listed onNSE: GTLINFRA
  • Listed entityGTL Infrastructure Ltd
  • Exchange sectorIndustrial services
  • ISININE221H01019
  • Share price₹1.05 · 2026-10-14
  • Market capitalisation₹1,358 Cr
  • Price to earnings1.2
  • EPS (diluted, trailing year)₹0.84
  • Volume (last session)37,256,238

Financials of GTL Infrastructure

Exchange-reported figures of Gtl Infrastructure Ltd, the listed company behind GTL Infrastructure (NSE: GTLINFRA).

Financial Highlights

FY 2016-17 Β· Consolidated
Revenue
₹952 Cr
+4.3% YoY
EBITDA
₹381 Cr
+290.3% YoY
Profit After Tax
−₹594 Cr
+7.4% YoY
Net Worth
−₹1,428 Cr
-62.3% YoY
Total Assets
₹3,597 Cr
-14.0% YoY
Total Debt
₹4,895 Cr
-0.8% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2016-17FY 2015-16FY 2011-12FY 2010-11
Income statement
Revenue9529131,3981,008
Revenue growth+4.3%-+38.8%-
EBITDA38197.55761582
EBITDA margin+40.0%+10.7%+54.5%+57.8%
Profit before tax(302)(605)(998)(574)
Net profit(594)(641)(680)(380)
Net profit margin-62.4%-70.3%-48.6%-37.7%
EPS (β‚Ή)0.000.000.000.00
Balance sheet
Total assets3,5974,18314,34914,413
Net worth(1,428)(880)7091,398
Total debt4,8954,93511,98711,352
Cash & bank40.3048.60151471
Net working capital(213)(16.76)(709)545
Cash flow
Cash from operations543449-(290)
Cash from investing(139)(18.71)-(1,460)
Cash from financing(413)(419)-1,134
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1,3721,3441,3721,4581,4631,4101,417
Revenue growth+2.1%-2.0%-5.9%-0.3%+3.8%-0.5%-
EBITDA334276350(559)(252)(99.63)(587)
EBITDA margin+24.3%+20.5%+25.6%-38.3%-17.2%-7.1%-41.4%
Profit before tax779(875)(681)(1,817)(1,475)(1,271)(1,864)
Net profit(419)(878)(665)(897)(789)(744)(1,009)
Net profit margin-30.5%-65.4%-48.5%-61.5%-54.0%-52.8%-71.2%
EPS (β‚Ή)0.61(0.68)(0.53)(1.43)(1.17)(1.02)(1.51)
Balance sheet
Total assets794(2,165)(1,100)(175)2,2223,9095,578
Net worth(5,215)(5,961)(5,087)(4,541)(2,746)(1,287)(193)
Total debt5,8983,7153,9014,2814,8725,0855,629
Cash & bank117830413498490439512
Net working capital(1,990)(5,152)(4,416)(3,662)(2,592)(1,802)(1,087)
Cash flow
Cash from operations535635194495503419436
Cash from investing7.5437.29(12.49)(34.09)(64.22)(39.81)(63.99)
Cash from financing(1,256)(255)(267)(453)(387)(161)(220)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue327330351356335337338336
Revenue growth (YoY)-2.2%-2.0%+3.6%+6.0%+0.7%---
Other income5.061,2138.1718.765.103.493.239.98
Total expenses185281260243255291248271
EBITDA14349.7791.0111379.8545.7390.6665.21
EBITDA margin+43.6%+15.1%+26.0%+31.8%+23.9%+13.6%+26.8%+19.4%
Depreciation55.6555.2457.2760.2764.0860.2362.9759.89
Interest22.8122.2522.33265253238241229
Profit before tax69.391,18619.58(193)(232)(249)(210)(214)
Tax0.000.000.000.000.000.000.000.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 26 Oct 2026
ParticularsFY 2016-17FY 2015-16FY 2011-12FY 2010-11
Revenue9529131,3981,008
Revenue growth+4.3%-+38.8%-
Other income14.9217.659.8275.07
Total expenses571815637425
Employee cost21.8733.6728.8122.75
EBITDA38197.55761582
EBITDA margin+40.0%+10.7%+54.5%+57.8%
Depreciation239252791575
Interest459469977657
Profit before tax(302)(605)(998)(574)
Tax0.000.000.000.00
Net profit(594)(641)(680)(380)
Net profit margin-62.4%-70.3%-48.6%-37.7%
EPS (β‚Ή)0.000.000.000.00
ParticularsFY 2016-17FY 2015-16FY 2011-12FY 2010-11
Equity & liabilities
Share capital2,4602,336957957
Reserves & surplus(3,889)(3,216)(248)441
Shareholders' funds (net worth)(1,428)(880)7091,398
Minority interest0.000.001,2391,547
Secured loans4,8953,47410,0398,837
Unsecured loans0.001,4611,9482,516
Total debt4,8954,93511,98711,352
Total liabilities3,5974,18314,34914,413
Assets
Gross block3,6043,50214,15512,634
Net block3,1383,26112,33311,597
Capital work in progress43.3245.66285977
Investments53183680233.25
Inventories0.340.461.171.09
Sundry debtors64.7585.2493.4672.50
Cash & bank balances40.3048.60151471
Loans & advances1572067611,589
Total current assets2633401,0062,134
Total current liabilities4763571,7161,589
Net working capital(213)(16.76)(709)545
Total assets3,5974,18314,34914,413
ParticularsFY 2016-17FY 2015-16FY 2011-12FY 2010-11
Opening cash46.3234.75-832
Net cash from operating activities543449-(290)
Net cash from investing activities(139)(18.71)-(1,460)
Net cash from financing activities(413)(419)-1,134
Net change in cash(8.47)11.57-(616)
Closing cash40.3048.60-471
ParticularsFY 2016-17FY 2015-16FY 2011-12FY 2010-11
Growth
Sales growth+4.3%-+38.8%-
EBITDA growth+290.3%-+30.7%-
PBT growth+50.1%+39.3%-73.7%+9997.0%
Net income growth+7.4%--79.0%-
Revenue CAGR (3Y)-1.9%---
EBITDA CAGR (3Y)-13.2%---
Profitability & leverage
Net income margin-31.7%-66.3%-71.4%-57.0%
Return on capital employed0.0%0.0%0.0%0.0%
Return on net worth0.0%0.0%0.0%0.0%
Debt / equity0.000.004.773.85
Long-term debt / equity0.000.003.783.35
Interest cover323.89-304.32-3,232.918,622.57
Efficiency & per share
Fixed asset turnover0.270.260.110.09
Inventory turnover2,380.281,984.301,353.571,018.66
Debtors turnover12.7010.7118.4315.32
EPS (β‚Ή)0.000.000.000.00
Dividend per share (β‚Ή)0.000.000.000.00
Book value per share (β‚Ή)(5.81)(3.77)7.4114.60
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue327330351356335337338336
Revenue growth (YoY)-2.2%-2.0%+3.6%+6.0%+0.7%---
Other income5.061,2138.1718.765.103.493.239.98
Total expenses185281260243255291248271
EBITDA14349.7791.0111379.8545.7390.6665.21
EBITDA margin+43.6%+15.1%+26.0%+31.8%+23.9%+13.6%+26.8%+19.4%
Depreciation55.6555.2457.2760.2764.0860.2362.9759.89
Interest22.8122.2522.33265253238241229
Profit before tax69.391,18619.58(193)(232)(249)(210)(214)
Tax0.000.000.000.000.000.000.000.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1,3721,3441,3721,4581,4631,4101,417
Revenue growth+2.1%-2.0%-5.9%-0.3%+3.8%-0.5%-
Other income1,24521.6251.2427.4714.1639.1620.29
Total expenses1,0381,0681,0222,0171,7141,5092,004
Employee cost91.1785.5071.7763.4062.0761.4261.41
EBITDA334276350(559)(252)(99.63)(587)
EBITDA margin+24.3%+20.5%+25.6%-38.3%-17.2%-7.1%-41.4%
Depreciation237244278504503547634
Interest563929805782734663662
Profit before tax779(875)(681)(1,817)(1,475)(1,271)(1,864)
Tax0.000.000.000.000.000.000.00
Net profit(419)(878)(665)(897)(789)(744)(1,009)
Net profit margin-30.5%-65.4%-48.5%-61.5%-54.0%-52.8%-71.2%
EPS (β‚Ή)0.61(0.68)(0.53)(1.43)(1.17)(1.02)(1.51)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital12,80912,80912,80712,67112,62312,49712,319
Reserves & surplus(18,271)(19,017)(18,141)(17,460)(15,663)(14,202)(12,930)
Shareholders' funds (net worth)(5,215)(5,961)(5,087)(4,541)(2,746)(1,287)(193)
Secured loans5,0613,0873,0263,1903,5733,9004,281
Unsecured loans8376288751,0901,2991,1841,347
Total debt5,8983,7153,9014,2814,8725,0855,629
Total liabilities794(2,165)(1,100)(175)2,2223,9095,578
Assets
Gross block7,3579,1729,72310,13711,43711,41311,897
Net block2,6682,8453,0073,2204,5565,5156,466
Capital work in progress0.000.000.000.000.0027.5031.38
Investments0.0025.7673.6868.7765.2963.0660.10
Inventories2.734.024.024.474.693.672.60
Sundry debtors40.9381.9131613186.4710579.41
Cash & bank balances117830413498490439512
Loans & advances179213157151159188170
Total current assets3401,129890784740736765
Total current liabilities2,3316,2815,3064,4453,3322,5371,852
Net working capital(1,990)(5,152)(4,416)(3,662)(2,592)(1,802)(1,087)
Total assets794(2,165)(1,100)(175)2,2223,9095,578
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash82941249648943721966.42
Net cash from operating activities535635194495503419436
Net cash from investing activities7.5437.29(12.49)(34.09)(64.22)(39.81)(63.99)
Net cash from financing activities(1,256)(255)(267)(453)(387)(161)(220)
Net change in cash(713)417(84.69)7.5751.94218152
Closing cash117830413498490439512
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+2.1%-2.0%-5.9%-0.3%+3.8%-0.5%-
EBITDA growth+21.1%-21.3%+162.7%-122.0%-152.7%+83.0%-
PBT growth+9998.0%-28.4%+62.5%-23.2%-16.1%+31.8%-21.1%
Net income growth+52.3%-32.0%+25.8%-13.6%-6.1%+26.3%-
Revenue CAGR (3Y)-2.0%-2.8%-0.9%+1.0%-0.8%-15.5%-14.7%
EBITDA CAGR (3Y)----1.6%-13.9%-47.9%-
Profitability & leverage
Net income margin+56.8%-65.1%-49.7%-124.6%-100.8%-90.2%-131.5%
Return on capital employed+1.7%0.0%0.0%0.0%0.0%0.0%0.0%
Return on net worth-10.8%0.0%0.0%0.0%0.0%0.0%0.0%
Debt / equity0.000.000.000.000.000.007.14
Long-term debt / equity0.000.000.000.000.000.000.35
Interest cover579.792,925.361,110.62-73.60-97.21-102.52-54.21
Efficiency & per share
Fixed asset turnover0.170.140.140.140.130.120.12
Inventory turnover406.51334.35323.21318.31349.94449.66496.30
Debtors turnover22.346.756.1413.4215.2415.2515.16
EPS (β‚Ή)0.61(0.68)(0.53)(1.43)(1.17)(1.02)(1.51)
Dividend per share (β‚Ή)0.000.000.000.000.000.000.00
Book value per share (β‚Ή)(4.26)(4.85)(4.17)(3.78)(2.41)(1.36)(0.50)

Web traffic of GTL Infrastructure

The website of GTL Infrastructure (gtlinfra.com) receives about 13.9K visits a month.

  • Monthly visits
    13.9K

    ▲ 40.2% vs previous month

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Frequently Asked Questions about GTL Infrastructure

GTL Infrastructure was founded in 2004.

GTL Infrastructure is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

GTL Infrastructure has 1,590 employees.

The primary company behind GTL Infrastructure, Gtl Infrastructure Ltd, reported revenue of β‚Ή2,617 Cr for FY 2026, up 2% year on year.

GTL Infrastructure was founded in 2004 and is based in Mumbai, India. Operations focus on the telecommunications sector, where passive infrastructure is supplied to wireless operators. Services encompass infrastructure sharing, energy management, and maintenance of high network availability, including in remote areas like snow-clad mountains for pilgrims. The company supports domain operations through gtl infra.com.

Yes, GTL Infrastructure is publicly traded on NSE under the ticker symbol GTLINFRA.

GTL Infrastructure operates through Gtl Infrastructure Ltd.

The legal entities of GTL Infrastructure currently have 8 directors, including Charudatta Kashinath Naik, Ramesh Bhagavanrao Bhosale, Sunali Chaudhry and others.

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