GTL Infrastructure Ltd (GTLINFRA) AI Stock Analysis

• Market Cap: ₹12.94B
• Dividend Yield: N/A
• Average Volume (3M): 3.76M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.79
• Revenue Growth: 2.19%
• EPS Growth: -7.20%
• Country: IN
• Employees: 277
• Sector: Services
• Sector Strength: N/A
• Industry: Communication Equipment
• EPS (TTM): -0.15
• Shares Outstanding: 12,810,968,000
• 10 Day Avg. Volume: 4,394,181
• 30 Day Avg. Volume: 3,757,908
• PEG Ratio: -0.08
• Price to Book (P/B): -0.33
• Price to Sales (P/S): 1.46
• P/FCF Ratio: 3.35
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 39 Underperform
• Price Target: ₹0.95 ▼(-34.21% Downside)

The overall stock score is heavily impacted by poor financial performance, with significant financial distress and negative profitability. Technical analysis also indicates bearish trends, while valuation metrics are unattractive due to negative earnings. These factors collectively result in a low stock score.

Positive Factors

Recurring tenancy-based revenue

The business collects recurring rental/usage fees from telecom operators colocating on its towers. Such tenancy-based cash flows provide revenue predictability and steady near-term cash inflows, supporting operations and budgeting over the next several months.

Shared-tower scalability and operating leverage

The shared-tower model creates structural operating leverage: incremental tenants raise revenue per site with limited incremental capex. As tenancy ratios improve, this can sustainably lift margins and cash conversion, enhancing returns on existing assets over months.

Improving operating cash generation

A meaningful uplift in operating cash flow indicates enhanced core cash generation versus prior periods. If sustained, improved OCF reduces near-term refinancing pressure, helps service obligations and funds maintenance capex, strengthening liquidity over the medium term.

Negative Factors

Highly leveraged balance sheet

Negative shareholders' equity and high leverage signal acute solvency and financial flexibility constraints. Over months this raises refinancing and covenant risks, increases financing costs, and limits the firm's ability to invest or absorb revenue shortfalls without external support.

Persistent net losses and negative profitability

Continued net losses erode capital and hinder retained-earnings recovery even if EBITDA improved. Persistent bottom-line deficits force reliance on external funding or asset sales, impairing long-term resilience and the ability to scale operations sustainably.

Erratic free cash flow and insufficient cash cover

Volatile free cash flow undermines capacity to deleverage, fund capex or withstand downturns. Inconsistent FCF over the medium term heightens liquidity risk and the likelihood of repeated external financing, threatening operational continuity and strategic flexibility.

GTL Infrastructure Ltd Business Overview & Revenue Model

Company Description

GTL Infrastructure Limited, an independent and neutral telecom tower company, builds, owns, operates, and maintains shared passive telecom infrastructure sites. The company provides telecom towers on a shared basis to various telecom operators to host their active equipment; and delivers uninterrupted power on towers. It operates a portfolio of approximately 28,000 telecom towers across 22 telecom circles in India. The company was formerly known as GTL Infras Engineering & Managed Network Services Limited and changed its name to GTL Infrastructure Limited in February 2005. The company was incorporated in 2004 and is headquartered in Mumbai, India.

How the Company Makes Money

GTL Infrastructure Ltd generates revenue primarily through the leasing of its telecom towers to mobile network operators. This revenue model is based on long-term contracts with telecom service providers, who pay for the use of tower space and associated infrastructure. The company benefits from the increasing demand for mobile connectivity and data services, driving the need for more robust telecom infrastructure. Additionally, GTLINFRA may engage in partnerships with telecom companies to expand its tower portfolio and improve its service offerings, which can contribute to its earnings.

GTL Infrastructure Ltd Financial Statement Overview

Summary

GTL Infrastructure Ltd is experiencing financial distress with consistent net losses and declining revenue. The high leverage and negative equity highlight significant financial risks. Although there is some operational cash flow improvement, overall profitability remains a major concern.

Income Statement

The company has experienced declining revenue over the past year with a drop from 2024 to 2025. Both EBIT and EBITDA were positive in 2025 after being negative in previous years, but the net profit margin remains negative due to significant net losses. The company is struggling to turn revenue into profit, indicating poor profitability.

Balance Sheet

The balance sheet reveals a highly leveraged position with negative stockholders' equity, indicating financial distress. The debt-to-equity ratio is not meaningful due to negative equity, and significant liabilities surpassing assets reflect weak financial stability and potential solvency issues.

Cash Flow

Operating cash flow has improved significantly in 2025, showing better cash generation from operations. However, free cash flow growth is erratic, and the ratio of operating cash flow to net income is distorted by consistent net losses. While there is some positive cash flow generation, it is insufficient to offset net losses.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	13.46B	13.44B	13.72B	14.58B	14.63B	14.10B
Gross Profit	4.65B	5.35B	5.77B	6.40B	5.82B	5.39B
EBITDA	3.48B	3.54B	3.97B	-5.31B	-2.38B	-611.50M
Net Income	-9.06B	-8.75B	-6.81B	-18.17B	-14.75B	-12.71B
Balance Sheet
Total Assets	0.00	41.17B	42.06B	42.71B	55.55B	64.47B
Cash, Cash Equivalents and Short-Term Investments	8.56B	8.56B	4.85B	5.65B	5.54B	5.00B
Total Debt	0.00	37.15B	39.01B	42.81B	48.72B	50.85B
Total Liabilities	59.61B	100.78B	92.93B	88.12B	83.00B	77.34B
Stockholders Equity	-59.61B	-59.61B	-50.87B	-45.41B	-27.46B	-12.87B
Cash Flow
Free Cash Flow	0.00	5.85B	1.61B	4.28B	4.16B	3.65B
Operating Cash Flow	0.00	6.35B	1.94B	4.95B	5.03B	4.19B
Investing Cash Flow	0.00	372.90M	-124.90M	-340.90M	-642.20M	-398.10M
Financing Cash Flow	0.00	-2.55B	-2.67B	-4.53B	-3.87B	-1.61B

GTL Infrastructure Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.45
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GTLINFRA, the sentiment is Negative. The current price of 1.45 is above the 20-day moving average (MA) of 1.10, above the 50-day MA of 1.20, and below the 200-day MA of 1.46, indicating a bearish trend. The MACD of -0.06 indicates Positive momentum. The RSI at 28.50 is Positive, neither overbought nor oversold. The STOCH value of 19.09 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:GTLINFRA.

GTL Infrastructure Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PARACABLES	62 Neutral	₹10.22B	13.97	―	―	38.39%	-27.69%
TEJASNET	57 Neutral	₹60.51B	-7.89	―	0.55%	-17.23%	-185.73%
HFCL	56 Neutral	₹104.95B	355.10	―	0.15%	-19.16%	-92.64%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
BIRLACABLE	55 Neutral	₹4.08B	53.74	―	1.28%	-2.60%	-31.97%
STLTECH	53 Neutral	₹51.89B	-120.63	―	―	-14.27%	78.52%
GTLINFRA	39 Underperform	₹12.94B	-1.46	―	―	2.19%	-7.20%

GTL Infrastructure Ltd Corporate Events

GTL Infrastructure Resolves Dispute with Canara Bank, NCLT Dismisses Petition

GTL Infrastructure Limited announced that the National Company Law Tribunal (NCLT) in Mumbai has dismissed a petition filed by Canara Bank following the company’s settlement of all dues and disputes with the bank. This development indicates a resolution of financial obligations with Canara Bank, with no expected financial implications or further actions required by GTL Infrastructure, thereby stabilizing its operational standing.