
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. It is a listed company as per MCA records. 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 2026. 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 74 cases involving the company, including 25 filed by the company and 49 filed against it; 12 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.
Company details
Name history
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
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 |
Contact details
GTL Limited's registered office is in Thane, Maharashtra. Its website is gtllimited.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- 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
To see the full contact details of GTL Limited, buy the company report.
- 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
Brands
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
The main business activity of GTL is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities |
To see the full business activity and turnover split of GTL Limited, buy the company report.
Financials of GTL Limited
FY 2025-26 filings availableGTL 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) |
To see the full year-wise statements and ratios of GTL Limited, buy the company report.
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 7 Months | Current |
| Navin Jethanand Kripalani | Director | 29 Dec 2011 | 14 Years 10 Months | Current |
| Duraiswamy Sargurudas Gunasingh Also directs: Saga Resources LLP | Director | 29 Dec 2011 | 14 Years 10 Months | Current |
| Mahesh Muralidhar Borase | Director | 27 Sep 2018 | 8 Years 1 Months | Current |
| Sanjana Santosh Pawar | Director | 24 Nov 2022 | 3 Years 11 Months | Current |
| Rufina Juliana Fernandes Also directs: Streekiran Foundation | Whole-Time Director | 04 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
GTL Limited is compared with the 3 companies closest to it by revenue in the Telecom industry (Network Support Services), with the same principal business activity (wired, wireless or satellite telecommunication activities), from the latest filed financials of each company.
| 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 | |||
| GTL Limitedthis company | ₹224.37 Cr (FY 2026) | -₹27.9 Cr | -12.4% | -11.6% | 1,502 | Thane, Maharashtra, India |
| Excel Telesonic India Private Limited | ₹224.23 Cr (FY 2025) | 35.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of GTL Limited, buy the company report.
Auditor
GTL Limited is audited by GDA & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GDA & Associates | FY 2023 | 135780W |
Shareholding
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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2012 | 10344774 | Idbi Trusteeship Services Limited | ₹263.91 Cr | Open | |
| 29 Mar 2012 | 10351608 | Idbi Trusteeship Services Limited | ₹220 Cr | Open | |
| 20 Nov 2007 | 10081478 | Uco Bank | ₹150 Cr | Open | |
| 16 May 2007 | 10053809 | Indian Bank | ₹175 Cr | Open | |
| 04 Jul 2011 | 10294025 | Andhra Bank | ₹100 Cr | Satisfied |
To see the full charge records of GTL Limited, buy the company report.
Total charge records: 83 View all charges
Legal cases
GTL Limited has 74 court cases on record: 25 filed by GTL, 49 filed against it. 12 cases are pending and 62 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 32 | 27 | 5 |
| High courts | 25 | 12 | 6 |
| Supreme Court | 12 | 6 | 1 |
| NCLAT | 3 | 3 | 0 |
| NCLT | 2 | 1 | 0 |
Cases on record (5 of 74)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (4805-Others : Matters not falling under any other category.) | Filed by the company against State of U.P. and 1 other | Pending |
| Supreme Court | Court case (1503MISC-Criminal Law : Prevention of Corruption Act, 1988, Lokayukta Act of different States(SLPs arising out of quashing applications, orders framing charge,summoning orders, interim orders in criminal matters withdrawal of prosecution, orders for further investigation/re-investigation, etc.)) | Filed against the company by an individual | Disposed |
| High Court, MAHARASHTRA | Court case (CARBP) | Filed against the company by Maharashtra State Electricity Distribution Company Ltd. Little and Co. | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Idbi Bank Ltd. and 2 others | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Indian Oil Corporation Ltd | Disposed |
To see the full case history of GTL Limited, buy the company report.
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
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 |
To see the full MSME payment records of GTL Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
GTL Limited has a workforce of 1,502 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
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 |
To see the full GST registrations and return filing status of GTL Limited, buy the company report.
Recent activity
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 in the company report.
News
Frequently asked questions
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 latest financial statements of GTL on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
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 a listed company as per MCA records. Its shares are listed on both BSE (code: 500160) and NSE (symbol: GTL).
GTL has 74 court cases on record: 25 filed by the company and 49 filed against it. 12 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, Excel Telesonic India Private Limited, all in the Telecom industry (Network Support Services), with the same principal business activity (wired, wireless or satellite telecommunication activities).
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.

