
About GTL Limited
Data last updated:
GTL Limited is a public limited company based in Thane, Maharashtra, India. It operates in the telecom network support segment of the telecommunications sector. It was incorporated on 23 December 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L40300MH1987PLC045657. Its GSTIN is 03AAACG3742L1ZS (Punjab). The company holds 27 GST registrations, of which 21 are active. Its shares are listed on BSE: 500160 and NSE: GTL.
The company has an authorised share capital of ₹1,100 Cr and a paid-up capital of ₹807.3 Cr. It was formerly known as Globel Tele Systems Limited and Globel Tele Systems Private Limited. It is led by directors including Rufina Juliana Fernandes (Whole-Time Director) and Siddhi Mandar Thakur.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Thane, Maharashtra.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹224.37 Cr, a decline of 11.6% compared to the previous year. For the same year it recorded a net loss of ₹27.9 Cr (net margin -12.4%) and EBITDA of -₹201.13 Cr (EBITDA margin -89.6%).
The company has about 1,502 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: GTL Limited. As per MCA filings, the company has open charges of ₹808.91 Cr and satisfied charges of ₹2,779.89 Cr on record. Court records list 48 cases involving the company, including 19 filed by the company and 29 filed against it; 8 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gtllimited.com.
Name History of GTL Limited
GTL has undergone 2 name changes throughout its history. The company was previously known as Globel Tele Systems Limited, and Globel Tele Systems Private Limited. The current legal name is Gtl Limited.
| Company Name | Status |
|---|---|
| GTL Limited | Current |
| Globel Tele Systems Limited | Previous |
| Globel Tele Systems Private Limited | Previous |
CIN History of GTL Limited
GTL has one previous CIN (Corporate Identification Number): L99999MH1987PLC045657. The current CIN is L40300MH1987PLC045657, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L40300MH1987PLC045657 | Current |
| L99999MH1987PLC045657 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address6th Floor Building No. A Plot No. El – 207, MIDC Ttc Industrial Area Mahape Navi Mumbai, Thane, Maharashtra, India – 400710
- IndustryTelecom, Telecom Network Support
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Associated Brands with GTL Limited
GTL operates one associated brand: GTL Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of network planning & design, operations & maintenance and energy management | gtllimited.com |
Business Activity of GTL Limited
The main business activity of GTL is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of GTL Limited FY 2025-26 filings available
GTL Limited reported revenue of ₹224.37 Cr (down 11.6% YoY) for FY 2025-26.
Financial Highlights
FY 2020-21 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 221 | 215 | 219 | 995 | 1,221 | 1,683 | 1,675 |
| Revenue growth | +2.6% | -1.7% | -78.0% | -18.5% | -27.5% | +0.5% | - |
| EBITDA | 36.08 | (304) | (414) | (854) | (157) | (2,038) | (885) |
| EBITDA margin | +16.3% | -141.2% | -188.8% | -85.8% | -12.8% | -121.1% | -52.8% |
| Profit before tax | 45.78 | (30.04) | (415) | (881) | (718) | (2,709) | (1,098) |
| Net profit | 45.83 | (316) | (415) | 273 | (994) | (1,929) | (758) |
| Net profit margin | +20.7% | -146.7% | -189.5% | +27.5% | -81.4% | -114.6% | -45.3% |
| EPS (₹) | 2.91 | (1.91) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Balance sheet | |||||||
| Total assets | (7,235) | (7,320) | (7,245) | (6,271) | (5,841) | (4,736) | 2,590 |
| Net worth | (7,431) | (7,498) | (7,402) | (6,412) | (5,969) | (5,003) | (66.37) |
| Total debt | 194 | 174 | 157 | 141 | 127 | 260 | 2,650 |
| Cash & bank | 8.09 | 87.49 | 7.70 | 19.87 | 102 | 119 | 139 |
| Net working capital | (7,363) | (7,450) | (7,509) | (7,197) | (6,899) | (6,319) | (2,462) |
| Cash flow | |||||||
| Cash from operations | 63.38 | 82.63 | 92.34 | 140 | 76.11 | 80.45 | 330 |
| Cash from investing | (0.47) | 7.17 | 2.28 | (10.99) | 21.10 | 41.04 | 6.62 |
| Cash from financing | (64.25) | (103) | (105) | (212) | (78.25) | (140) | (395) |
| Particulars | Dec 2021 | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 | Jun 2020 | Mar 2020 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 49.71 | 48.69 | 48.09 | 51.68 | 69.16 | 52.45 | 47.68 | 47.63 |
| Revenue growth (YoY) | -28.1% | -7.2% | +0.9% | +8.5% | - | - | - | - |
| Other income | 451 | 355 | 0.62 | 10.80 | 10.03 | 24.42 | 1.00 | 291 |
| EBITDA | 7.96 | 7.95 | (19.57) | 6.11 | 15.51 | 8.72 | (5.47) | (124) |
| EBITDA margin | +16.0% | +16.3% | -40.7% | +11.8% | +22.4% | +16.6% | -11.5% | -259.4% |
| Depreciation | 1.10 | 1.10 | 1.11 | 1.59 | 0.99 | 1.01 | 1.07 | 1.08 |
| Interest | 5.76 | 5.73 | 5.52 | 5.21 | 5.26 | 5.18 | 5.01 | 5.51 |
| Profit before tax | 452 | 356 | (25.58) | 10.11 | 19.29 | 26.95 | (10.55) | 161 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | 452 | 356 | (25.58) | 10.11 | 19.29 | 26.95 | (10.55) | 161 |
| EPS (₹) | 28.74 | 22.66 | (1.63) | 0.64 | 1.22 | 1.71 | (0.67) | 10.23 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 224 | 254 | 202 | 186 | 194 | 221 | 215 |
| Revenue growth | -11.6% | +25.7% | +8.3% | -3.7% | -12.4% | +2.6% | - |
| EBITDA | (201) | 64.49 | 60.44 | (18.86) | 4.65 | 57.54 | (219) |
| EBITDA margin | -89.6% | +25.4% | +29.9% | -10.1% | +2.4% | +26.0% | -101.6% |
| Profit before tax | 547 | 26.97 | 211 | 57.21 | 432 | 67.24 | (231) |
| Net profit | (27.90) | (11.96) | 37.61 | (43.22) | (15.73) | 67.29 | (231) |
| Net profit margin | -12.4% | -4.7% | +18.6% | -23.2% | -8.1% | +30.5% | -107.1% |
| EPS (₹) | 37.03 | (0.53) | 13.40 | 3.64 | 27.46 | 4.27 | (14.65) |
| Balance sheet | |||||||
| Total assets | (555) | (389) | (236) | (164) | (194) | (157) | (6,610) |
| Net worth | (5,118) | (5,734) | (5,756) | (5,993) | (6,074) | (6,527) | (6,613) |
| Total debt | 4,562 | 5,344 | 5,519 | 5,828 | 5,878 | 6,368 | 0.00 |
| Cash & bank | 18.86 | 11.10 | 14.95 | 12.62 | 11.03 | 8.09 | 87.49 |
| Net working capital | (573) | (372) | (266) | (215) | (269) | (285) | (6,740) |
| Cash flow | |||||||
| Cash from operations | 166 | 198 | 175 | 18.08 | 28.73 | 63.45 | 102 |
| Cash from investing | (2.46) | (7.36) | 180 | 119 | 463 | (0.53) | 0.04 |
| Cash from financing | (161) | (191) | (355) | (134) | (492) | (64.26) | (103) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 60.02 | 58.25 | 55.00 | 55.40 | 55.73 | 69.90 | 51.03 | 69.89 |
| Revenue growth (YoY) | +7.7% | -16.7% | +7.8% | -20.7% | -11.6% | - | - | - |
| Other income | 335 | 610 | 0.22 | 0.65 | 14.05 | 2.28 | 0.20 | 4.65 |
| Total expenses | 61.97 | 83.70 | 46.77 | 88.64 | 39.94 | 35.01 | 76.86 | 44.00 |
| EBITDA | (1.95) | (25.45) | 8.23 | (33.24) | 15.79 | 34.89 | (25.83) | 25.89 |
| EBITDA margin | -3.2% | -43.7% | +15.0% | -60.0% | +28.3% | +49.9% | -50.6% | +37.0% |
| Depreciation | 1.02 | 2.05 | 1.89 | 1.77 | 1.70 | 2.74 | 2.96 | 2.91 |
| Interest | 9.49 | 9.21 | 9.18 | 8.41 | 9.23 | 8.37 | 8.73 | 8.51 |
| Profit before tax | 322 | 574 | (2.62) | (42.77) | 18.91 | 26.06 | (37.32) | 19.12 |
| Tax | 0.00 | (35.35) | 0.00 | (3.30) | 3.30 | 14.85 | 4.50 | 9.78 |
Financial Statements
| Particulars | Dec 2021 | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 | Jun 2020 | Mar 2020 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 49.71 | 48.69 | 48.09 | 51.68 | 69.16 | 52.45 | 47.68 | 47.63 |
| Revenue growth (YoY) | -28.1% | -7.2% | +0.9% | +8.5% | - | - | - | - |
| Other income | 451 | 355 | 0.62 | 10.80 | 10.03 | 24.42 | 1.00 | 291 |
| EBITDA | 7.96 | 7.95 | (19.57) | 6.11 | 15.51 | 8.72 | (5.47) | (124) |
| EBITDA margin | +16.0% | +16.3% | -40.7% | +11.8% | +22.4% | +16.6% | -11.5% | -259.4% |
| Depreciation | 1.10 | 1.10 | 1.11 | 1.59 | 0.99 | 1.01 | 1.07 | 1.08 |
| Interest | 5.76 | 5.73 | 5.52 | 5.21 | 5.26 | 5.18 | 5.01 | 5.51 |
| Profit before tax | 452 | 356 | (25.58) | 10.11 | 19.29 | 26.95 | (10.55) | 161 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | 452 | 356 | (25.58) | 10.11 | 19.29 | 26.95 | (10.55) | 161 |
| EPS (₹) | 28.74 | 22.66 | (1.63) | 0.64 | 1.22 | 1.71 | (0.67) | 10.23 |
| Particulars | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|---|---|
| Revenue | 221 | 215 | 219 | 995 | 1,221 | 1,683 | 1,675 |
| Revenue growth | +2.6% | -1.7% | -78.0% | -18.5% | -27.5% | +0.5% | - |
| Other income | 35.02 | 298 | 19.69 | 9.89 | 33.51 | 39.80 | 436 |
| Total expenses | 185 | 520 | 633 | 1,850 | 1,378 | 3,721 | 2,559 |
| Employee cost | 69.96 | 73.16 | 72.06 | 151 | 140 | 221 | 232 |
| EBITDA | 36.08 | (304) | (414) | (854) | (157) | (2,038) | (885) |
| EBITDA margin | +16.3% | -141.2% | -188.8% | -85.8% | -12.8% | -121.1% | -52.8% |
| Depreciation | 4.66 | 4.52 | 4.54 | 17.49 | 47.42 | 101 | 133 |
| Interest | 20.66 | 19.38 | 16.67 | 18.53 | 547 | 610 | 517 |
| Profit before tax | 45.78 | (30.04) | (415) | (881) | (718) | (2,709) | (1,098) |
| Tax | 0.00 | 0.00 | 0.05 | (0.37) | (5.32) | 13.00 | 5.33 |
| Net profit | 45.83 | (316) | (415) | 273 | (994) | (1,929) | (758) |
| Net profit margin | +20.7% | -146.7% | -189.5% | +27.5% | -81.4% | -114.6% | -45.3% |
| EPS (₹) | 2.91 | (1.91) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 157 | 157 | 157 | 157 | 157 | 157 | 807 |
| Reserves & surplus | (8,159) | (8,226) | (8,131) | (7,141) | (6,698) | (5,160) | (874) |
| Shareholders' funds (net worth) | (7,431) | (7,498) | (7,402) | (6,412) | (5,969) | (5,003) | (66.37) |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.31 | (0.22) |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 7.37 | 2,329 |
| Unsecured loans | 194 | 174 | 157 | 141 | 127 | 253 | 322 |
| Total debt | 194 | 174 | 157 | 141 | 127 | 260 | 2,650 |
| Total liabilities | (7,235) | (7,320) | (7,245) | (6,271) | (5,841) | (4,736) | 2,590 |
| Assets | |||||||
| Gross block | 252 | 251 | 247 | 247 | 245 | 244 | 1,147 |
| Net block | 75.89 | 78.72 | 78.96 | 83.40 | 98.85 | 141 | 249 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.23 | 64.30 |
| Investments | 51.16 | 51.16 | 184 | 842 | 416 | 701 | 3,167 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 5.94 | 10.92 | 98.26 |
| Sundry debtors | 0.09 | 0.01 | 0.01 | 0.84 | 77.20 | 212 | 551 |
| Cash & bank balances | 8.09 | 87.49 | 7.70 | 19.87 | 102 | 119 | 139 |
| Loans & advances | 61.41 | 46.58 | 38.30 | 51.25 | 348 | 482 | 855 |
| Total current assets | 69.59 | 134 | 46.01 | 71.96 | 533 | 824 | 1,643 |
| Total current liabilities | 7,432 | 7,584 | 7,555 | 7,269 | 7,432 | 7,143 | 4,105 |
| Net working capital | (7,363) | (7,450) | (7,509) | (7,197) | (6,899) | (6,319) | (2,462) |
| Total assets | (7,235) | (7,320) | (7,245) | (6,271) | (5,841) | (4,736) | 2,590 |
| Particulars | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|---|---|
| Opening cash | 3.79 | 17.34 | 27.61 | 110 | 91.46 | 110 | 169 |
| Net cash from operating activities | 63.38 | 82.63 | 92.34 | 140 | 76.11 | 80.45 | 330 |
| Net cash from investing activities | (0.47) | 7.17 | 2.28 | (10.99) | 21.10 | 41.04 | 6.62 |
| Net cash from financing activities | (64.25) | (103) | (105) | (212) | (78.25) | (140) | (395) |
| Net change in cash | (1.34) | (13.55) | (10.27) | (82.80) | 18.96 | (18.44) | (58.23) |
| Closing cash | 8.09 | 87.49 | 7.70 | 19.87 | 102 | 119 | 139 |
| Particulars | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +2.6% | -1.7% | -78.0% | -18.5% | -27.5% | +0.5% | - |
| EBITDA growth | +111.9% | +26.4% | +51.6% | -444.8% | +92.3% | -130.3% | - |
| PBT growth | +9998.0% | +92.8% | +52.9% | -22.7% | +73.5% | -146.6% | -116.4% |
| Net income growth | +114.5% | +23.9% | -251.9% | +127.5% | +48.5% | -154.5% | - |
| Revenue CAGR (3Y) | -39.5% | -43.9% | -49.3% | -15.9% | -9.0% | -13.5% | - |
| EBITDA CAGR (3Y) | - | +24.7% | -41.2% | -1.2% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +20.7% | -14.0% | -189.5% | -88.4% | -58.4% | -161.7% | -65.9% |
| Return on capital employed | -3.3% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | -1.6% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.93 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.07 |
| Interest cover | 65.75 | -6.28 | -3.99 | -2.13 | -267.85 | -28.50 | -50.80 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.88 | 0.87 | 0.89 | 4.05 | 5.00 | 2.42 | 1.44 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 335.18 | 144.85 | 30.83 | 15.21 |
| Debtors turnover | 4,419.20 | 21,540.00 | 515.41 | 25.51 | 8.43 | 4.41 | 2.29 |
| EPS (₹) | 2.91 | (1.91) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | (508.68) | (512.95) | (506.89) | (443.95) | (415.79) | (318.04) | (45.54) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 60.02 | 58.25 | 55.00 | 55.40 | 55.73 | 69.90 | 51.03 | 69.89 |
| Revenue growth (YoY) | +7.7% | -16.7% | +7.8% | -20.7% | -11.6% | - | - | - |
| Other income | 335 | 610 | 0.22 | 0.65 | 14.05 | 2.28 | 0.20 | 4.65 |
| Total expenses | 61.97 | 83.70 | 46.77 | 88.64 | 39.94 | 35.01 | 76.86 | 44.00 |
| EBITDA | (1.95) | (25.45) | 8.23 | (33.24) | 15.79 | 34.89 | (25.83) | 25.89 |
| EBITDA margin | -3.2% | -43.7% | +15.0% | -60.0% | +28.3% | +49.9% | -50.6% | +37.0% |
| Depreciation | 1.02 | 2.05 | 1.89 | 1.77 | 1.70 | 2.74 | 2.96 | 2.91 |
| Interest | 9.49 | 9.21 | 9.18 | 8.41 | 9.23 | 8.37 | 8.73 | 8.51 |
| Profit before tax | 322 | 574 | (2.62) | (42.77) | 18.91 | 26.06 | (37.32) | 19.12 |
| Tax | 0.00 | (35.35) | 0.00 | (3.30) | 3.30 | 14.85 | 4.50 | 9.78 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 224 | 254 | 202 | 186 | 194 | 221 | 215 |
| Revenue growth | -11.6% | +25.7% | +8.3% | -3.7% | -12.4% | +2.6% | - |
| Other income | 792 | 7.90 | 184 | 106 | 454 | 35.02 | 12.31 |
| Total expenses | 426 | 189 | 141 | 205 | 189 | 163 | 434 |
| Employee cost | 84.34 | 81.80 | 74.83 | 65.15 | 66.02 | 69.96 | 73.16 |
| EBITDA | (201) | 64.49 | 60.44 | (18.86) | 4.65 | 57.54 | (219) |
| EBITDA margin | -89.6% | +25.4% | +29.9% | -10.1% | +2.4% | +26.0% | -101.6% |
| Depreciation | 7.42 | 11.57 | 5.23 | 4.30 | 4.44 | 4.66 | 4.52 |
| Interest | 36.03 | 33.85 | 28.87 | 25.66 | 22.84 | 20.66 | 19.38 |
| Profit before tax | 547 | 26.97 | 211 | 57.21 | 432 | 67.24 | (231) |
| Tax | (35.35) | 35.35 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (27.90) | (11.96) | 37.61 | (43.22) | (15.73) | 67.29 | (231) |
| Net profit margin | -12.4% | -4.7% | +18.6% | -23.2% | -8.1% | +30.5% | -107.1% |
| EPS (₹) | 37.03 | (0.53) | 13.40 | 3.64 | 27.46 | 4.27 | (14.65) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 485 | 452 | 423 | 396 | 372 | 351 | 332 |
| Reserves & surplus | (6,174) | (6,758) | (6,750) | (6,960) | (7,017) | (7,449) | (7,516) |
| Shareholders' funds (net worth) | (5,118) | (5,734) | (5,756) | (5,993) | (6,074) | (6,527) | (6,613) |
| Secured loans | 1,023 | 1,410 | 1,601 | 1,951 | 2,086 | 2,611 | 0.00 |
| Unsecured loans | 3,539 | 3,934 | 3,918 | 3,877 | 3,792 | 3,757 | 0.00 |
| Total debt | 4,562 | 5,344 | 5,519 | 5,828 | 5,878 | 6,368 | 0.00 |
| Total liabilities | (555) | (389) | (236) | (164) | (194) | (157) | (6,610) |
| Assets | |||||||
| Gross block | 32.10 | 190 | 200 | 233 | 254 | 252 | 251 |
| Net block | 16.31 | 15.76 | 29.97 | 51.01 | 74.21 | 75.89 | 78.72 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 51.16 | 51.16 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.00 | 14.90 | 21.43 | 33.16 | 19.58 | 0.09 | 0.01 |
| Cash & bank balances | 18.86 | 11.10 | 14.95 | 12.62 | 11.03 | 8.09 | 87.49 |
| Loans & advances | 95.38 | 61.07 | 138 | 160 | 113 | 61.41 | 46.58 |
| Total current assets | 114 | 87.07 | 175 | 206 | 144 | 69.59 | 134 |
| Total current liabilities | 687 | 459 | 441 | 422 | 413 | 355 | 6,874 |
| Net working capital | (573) | (372) | (266) | (215) | (269) | (285) | (6,740) |
| Total assets | (555) | (389) | (236) | (164) | (194) | (157) | (6,610) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.42 | 0.41 | 0.41 | 2.11 | 2.45 | 3.79 | 4.67 |
| Net cash from operating activities | 166 | 198 | 175 | 18.08 | 28.73 | 63.45 | 102 |
| Net cash from investing activities | (2.46) | (7.36) | 180 | 119 | 463 | (0.53) | 0.04 |
| Net cash from financing activities | (161) | (191) | (355) | (134) | (492) | (64.26) | (103) |
| Net change in cash | 2.63 | 0.01 | 0.00 | 3.00 | (0.34) | (1.34) | (0.88) |
| Closing cash | 18.86 | 11.10 | 14.95 | 12.62 | 11.03 | 8.09 | 87.49 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -11.6% | +25.7% | +8.3% | -3.7% | -12.4% | +2.6% | - |
| EBITDA growth | -411.9% | +6.7% | +420.5% | -505.6% | -91.9% | +126.3% | - |
| PBT growth | +1928.9% | -87.2% | +268.5% | -86.8% | +542.3% | +9998.0% | +5.8% |
| Net income growth | -133.3% | -131.8% | +187.0% | -174.8% | -123.4% | +129.2% | - |
| Revenue CAGR (3Y) | +6.4% | +9.5% | -3.0% | -4.7% | -4.1% | -39.5% | -43.9% |
| EBITDA CAGR (3Y) | +120.1% | +140.3% | +1.7% | -55.8% | - | - | +43.5% |
| Profitability & leverage | |||||||
| Net income margin | +259.6% | -3.3% | +104.4% | +30.7% | +223.2% | +30.4% | -107.0% |
| Return on capital employed | -0.9% | 0.0% | +0.9% | -0.2% | +0.1% | +9.6% | 0.0% |
| Return on net worth | +1.4% | 0.0% | +2.0% | -2.3% | -0.8% | -2.7% | 0.0% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | -17.28 | 63.96 | 52.29 | -110.79 | 10,876.19 | 39.07 | -8.67 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.02 | 1.30 | 0.93 | 0.76 | 0.76 | 0.88 | 0.87 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 30.12 | 13.98 | 7.40 | 7.07 | 19.68 | 4,419.20 | 21,540.00 |
| EPS (₹) | 37.03 | (0.53) | 13.40 | 3.64 | 27.46 | 4.27 | (14.65) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | (382.52) | (419.60) | (419.09) | (432.48) | (436.11) | (463.54) | (467.80) |
Board of Directors of GTL Limited
GTL has 7 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddhi Mandar Thakur | Director | 31 Mar 2015 | 11 Years 6 Months | Current |
| Navin Jethanand Kripalani | Director | 29 Dec 2011 | 14 Years 9 Months | Current |
| Duraiswamy Sargurudas Gunasingh Also directs: Saga Resources LLP | Director | 29 Dec 2011 | 14 Years 9 Months | Current |
| Mahesh Muralidhar Borase | Director | 27 Sep 2018 | 8 Years 0 Months | Current |
| Sanjana Santosh Pawar | Director | 24 Nov 2022 | 3 Years 10 Months | Current |
| Rufina Juliana Fernandes Also directs: Streekiran Foundation | Whole-Time Director | 04 Sep 2025 | 1 Years 1 Months | Current |
Peer Comparison of GTL Limited
GTL Limited is compared with the companies closest to it by revenue in the Telecom industry (Network Support Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lightstorm Telecom Connectivity Private Limited | ₹476.47 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Delhi, India |
| Aerial Telecom Solutions Private Limited | ₹393.66 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Mohali, Punjab, India |
| Vis Networks Private Limited | ₹381.14 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Bangalore, Karnataka, India |
| Infobip India Private Limited | ₹332.89 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Mumbai, Maharashtra, India |
| Transfix (India) Private Limited | ₹273.76 Cr (FY 2025) | •••• | •••• | 63.0% | •••• | Pune, Maharashtra, India |
| GTL Limited this company | ₹224.37 Cr (FY 2026) | •••• | •••• | -11.6% | •••• | Thane, Maharashtra, India |
| Excel Telesonic India Private Limited | ₹224.23 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Mumbai, Maharashtra, India |
| Metro Telworks Private Limited | ₹220.38 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Ahmedabad, Gujarat, India |
| Viavi Solutions India Private Limited | ₹219.24 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | New Delhi, Delhi, India |
| Vodafone Global Services Private Limited | ₹192.8 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Pune, Maharashtra, India |
| Syniverse Technologies Services (India) Private Limited | ₹191.8 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below GTL by revenue in the Telecom industry (Network Support Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of GTL Limited
GTL Limited is audited by GDA & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GDA & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Shareholding Pattern of GTL Limited
Shareholding for the quarter ended Sep 2026: promoters hold 14.30%, foreign institutional investors hold 0.10%, domestic institutional investors hold 8.40% and retail and other public shareholders hold 77.20%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 14.30% | 14.30% | 14.30% | 14.30% |
| Public | 85.70% | 85.70% | 85.70% | 85.70% |
Charges & Borrowings of GTL Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2012 | Idbi Trusteeship Services Limited | ₹263.91 Cr | Open |
| 29 Mar 2012 | Idbi Trusteeship Services Limited | ₹220 Cr | Open |
| 20 Nov 2007 | Uco Bank | ₹150 Cr | Open |
| 16 May 2007 | Indian Bank | ₹175 Cr | Open |
| 04 Jul 2011 | Andhra Bank | ₹100 Cr | Satisfied |
Total charge records: 83 View all charges
Legal Cases of GTL Limited
GTL Limited has 48 court cases on record: 19 filed by GTL, 29 filed against it. 8 cases are pending and 40 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 19 | 3 |
| High courts | 19 | 6 | 5 |
| NCLAT | 3 | 3 | 0 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 48)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CARBP) | Filed against the company by Maharashtra State Electricity Distribution Company Limited | Pending |
| Bombay High Court | Writ petition | Filed by the company against Reserve Bank Innovation Hub | Disposed |
| Bombay High Court | Arbitration matter | Filed by the company against Maharashtra State Electricity Distribution Company Limited | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Indian Oil Corporation Limited | Disposed |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by The Canara Bank Limited | Disposed |
Full case history
All 48 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by GTL Limited
GTL Limited has 35 MSME Form 1 returns on record between 2007 and 2024, listing 7,974 overdue payments to 79 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 79)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Lambda Infratech Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Karamtara Engineering Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 35 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at GTL Limited
GTL Limited has a workforce of 1,502 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on GTL Limited
GTL Limited has 52 board changes on record since 1987: 29 appointments and 23 cessations. The latest: Sunil Sadanand Valavalkar ceased to be Whole-Time Director on 30 Sep 2025.
246 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for GTL Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of GTL Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of GTL Limited
GTL has 27 GST registrations: 21 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACG3742L1ZS | Punjab | Active | 01 Jul 2017 |
| 06AAACG3742L1ZM | Haryana | Active | 01 Jul 2017 |
| 07AAACG3742L1ZK | Delhi | Active | 01 Jul 2017 |
| 08AAACG3742L1ZI | Rajasthan | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of GTL Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about GTL Limited
Frequently Asked Questions about GTL Limited
GTL is an active public limited company based in Thane, Maharashtra, India. The company works in telecom network support, within the telecom industry. It was incorporated on 23 December 1987 (39+ years old) and is registered under CIN L40300MH1987PLC045657. Listed on BSE: 500160 and NSE: GTL.
GTL reported revenue of ₹224.37 Cr for FY 2025-26 (down 11.6% YoY) based on standalone financials.
GTL has 7 current directors:
- Rufina Juliana Fernandes - Whole-Time Director
- Siddhi Mandar Thakur - Director
- Navin Jethanand Kripalani - Director
- Duraiswamy Sargurudas Gunasingh - Director
- Mahesh Muralidhar Borase - Director
- Sanjana Santosh Pawar - Director
- Jyotisana Shivaji Kondhalkar - Director
The GSTIN of GTL is 03AAACG3742L1ZS, registered in Punjab. The company has 27 GST registrations in all, of which 21 are active and 6 are cancelled or inactive. Other active GSTINs include 06AAACG3742L1ZM (Haryana), 07AAACG3742L1ZK (Delhi), 08AAACG3742L1ZI (Rajasthan).
The CIN (Corporate Identification Number) of GTL is L40300MH1987PLC045657. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. GTL is listed on both BSE (code: 500160) and NSE (symbol: GTL).
GTL has 48 court cases on record: 19 filed by the company and 29 filed against it. 8 are pending. Most are in the district courts.
GTL was incorporated on 23 December 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of GTL by revenue are Lightstorm Telecom Connectivity Private Limited, Aerial Telecom Solutions Private Limited, Vis Networks Private Limited, Infobip India Private Limited, Transfix (India) Private Limited and 5 more, all in the Telecom industry (Network Support Services).
Sunil Sadanand Valavalkar ceased to be Whole-Time Director on 30 Sep 2025. Rufina Juliana Fernandes was appointed as Whole-Time Director on 04 Sep 2025. Milind Vasant Bapat ceased to be CFO on 06 Aug 2025. GTL has 52 board changes on record in total.
GTL has 35 MSME Form 1 returns on record between 2007 and 2024, listing 7,974 overdue payments to 79 micro and small suppliers. The latest return was filed on 28 Apr 2024.
GTL can be reached through the website gtllimited.com. Its registered office is in Thane, Maharashtra, India.