Mumbai News, 25 February 2026: This morning, the shares of GTL Infrastructure Limited (GTLINFRA) were trading on the NSE at around ₹1.13 to ₹1.15. At 10:48 am, they closed at ₹1.13 on NSE (a drop of -1.74% compared to the previous day). The same trend was seen on the BSE. The day’s range was ₹1.10 (low) to ₹1.17 (high). The volume was high – in the previous trading session, 4.84 crore shares were traded on NSE.
NSE live updates (as of 25 February 2026):
- Open: ₹1.13
- High: ₹1.17
- Low: ₹1.10
- Previous close: ₹1.15 (24 February)
- 52-week high: ₹2.17 | Low: ₹0.98
- Market cap: around ₹1,499 crore
BSE Updates: Similar price and volume trend. Despite being in the penny stock category, the share is attracting retail investors’ attention due to high volume.
Company overview and strategy
GTL Infrastructure Limited is an independent telecom tower company in India. The company has 21,582 towers across 22 telecom circles. It supports the Digital India vision through network sharing and energy management services. With 99.9% uptime, the company supports major operators like Airtel, Jio, and Vodafone-Idea. The main strategy of the company is to reduce debt, increase operational efficiency and earn steady revenue through tower sharing.
Q3 FY26 results: Profit but Going Concern worry
On 10 February 2026, the company announced its Q3 (December 2025) results. Standalone net sales were ₹350.59 crore (YoY +3.58%). With finance costs down by 89% (due to loan settlement), Profit Before Tax (PBT) turned positive at ₹19.58 crore (huge loss last year). Revenue for nine months also rose by 3.4%. However, the auditor issued a ‘Material Uncertainty Related to Going Concern’ notice. Net worth is completely wiped out, and due to continual cash losses, there are doubts about the company’s future existence.
Loans, financing and sector challenges
GTL Infra’s debt is the biggest challenge for the company. In Q2 FY26, interest expenses were ₹265 crore (over 74% of revenue). The debt-to-EBITDA ratio is over 25x – which means it would take 26 years to repay the debt. Between 2010-2017, telecom operators faced bankruptcy, spectrum fees, and the entry of Jio led to many customers leaving. This left towers empty and increased rent/tax arrears.
The company restructured debt under CDR (Corporate Debt Restructuring) and SDR (Strategic Debt Restructuring). Some borrowers had filed CIRP in NCLT (later dismissed). 100% of the promoters’ shares are pledged. The company relies on debt settlement, operational improvements, and potential equity infusion for financing. Sector challenges:
- The merger of Jio and Airtel and focus on their own towers
- Cost of 5G rollout
- Competition and lower tariffs have squeezed the operators’ margins
- Even if sharing in the tower industry increases, old debts remain
What do Dalal Street analysts and brokers say?
Brokers’ coverage on GTL Infra is limited and mostly negative. MarketsMojo has given a ‘Strong Sell’ rating. The stock has fallen by 28% to 39% in a year.
- StockInvest.us predicted a 14% drop in 3 months (target ₹0.79 to ₹1.09).
- MunafaSutra indicated a mid-term downtrend (target ₹1.00 or lower).
- There are some risky penny stock buying tips on TradingView (target ₹2-4), but they are high risk.
- Major brokers (Axis, Motilal Oswal, ICICI Direct) haven’t given a clear ‘Buy’ recommendation.
- Most have ‘Avoid’ or ‘Sell’ views because if the debt restructuring fails, there’s a risk of bankruptcy.
Conclusion:
GTL Infra shares are under pressure due to debt issues, auditor concerns, and stress in the telecom sector. The Q3 profit is one-time (debt settlement), so investors should be cautious. Recovery is possible if debt restructuring and acquiring new customers succeed, otherwise the risk is high. Take professional advice before investing.
Disclaimer:
(NiftySharePrice.com stock market news are based on publicly available authentic data sources like NSE – BSE and SEBI authorized brokers & analyst only. Investing in the stock market involves risk. So, do your own research and consult your authorized advisors before investing.)
