GTPL Hathway Shares in Focus: Posted 10% Revenue Growth in Q4, Proposed Dividend of ₹2

On April 17, 2025, GTPL Hathway shares are on investors’ radar as the company released its earnings for the quarter (Q4FY25) and year ended March 31, 2025, wherein, it posted a growth in revenue and EBITDA. Additionally, the board of directors has recommended a dividend of ₹2 per share for FY25, representing 20% of the face value.

GTPL Hathway Q4FY25 Results

In Q4 FY25, the company reported a total revenue of ₹8,989 million, reflecting a 10% year-on-year growth. EBITDA for Q4 FY25 stood at ₹1,144 million, resulting in an EBITDA margin of 12.7% and an operating EBITDA margin of 22%. The company posted a Profit After Tax (PAT) of ₹105 million for quarter ended March 31, 2025.

GTPL Hathway FY25 Earnings Overview

For the full fiscal year FY25, total revenue reached ₹35,072 million, marking an 8% annual increase, with broadband revenue growing by 4% year-on-year. For the entire fiscal year, EBITDA was ₹4,625 million, with a margin of 13.2% and an operating margin of 22%. The company reported a Profit After Tax (PAT) of ₹479 million for FY25.

Segment Highlights

Digital Cable TV

The company reported 9.60 million active subscribers as of March 31, 2025, marking a year-on-year increase of 100,000. Paying subscribers also rose by 100,000 to reach 8.90 million. Subscription revenue from Cable TV amounted to ₹2,982 million for Q4 FY25 and ₹12,327 million for the full fiscal year. A key milestone during the year was the signing of the Grant of Permission Agreement (GOPA) with the Ministry of Information and Broadcasting, enabling the company to provide Headend-In-The-Sky (HITS) services for the next 10 years.

Broadband

The subscriber base grew by 25,000 year-on-year to reach 1.045 million. Broadband revenue saw a 4% year-on-year increase, totalling ₹1,358 million for Q4 and ₹5,456 million for FY25. The company’s homepass count stood at 5.95 million as of March 31, 2025, with 150,000 additions year-on-year, of which 75% is available for FTTX conversion. Broadband ARPU rose by ₹5 year-on-year to ₹465 per subscriber per month, while average monthly data consumption per user reached 396 GB, reflecting an 11% increase year-on-year.

Commenting on the results, Mr. Anirudhsinh Jadeja – Managing Director, GTPL Hathway Limited, said, “It pleases me to report that the company has sustained its subscriber base across both business divisions reflecting the resilience within operations in an overall challenging industry environment. We continue to remain optimistic about our long-term strategies and our initiatives to capitalize on the evolving consumer trends.”

He further added “The upcoming financial year will be pivotal as we look to enhance our capabilities for distribution of TV services with material benefits expected to accrue over the medium term. We are constantly enhancing the ambit of our offerings, upgrading and implementing technological innovations and focusing on providing consumer centric services. We will continue to evaluate opportunities for growth across our businesses.”

Conclusion

GTPL Hathway recorded growing momentum in its both businesses digital cable TV and Broadband. This has been evident by the growth of subscriber base in FY25.

 

 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

D’Decor Posts 20% Profit Growth Amid Modest Revenue Rise in FY24

India’s home décor market is booming, with double-digit growth fueled by rising disposable incomes and evolving lifestyles. Yet, amid this sector-wide surge, soft furnishings major D’Decor reported only modest top-line growth in FY24. Still, the company managed to deliver a strong bottom-line performance, with profits rising by over 20% during the year.

D’Decor FY24 Performance Overview

According to its consolidated financials filed with the Registrar of Companies (RoC), D’Decor’s revenue from operations grew by 4.2% year-on-year—from ₹783 crore in FY23 to ₹816 crore in FY24. The company added another ₹ 37 crore through non-operating income, taking its total revenue to ₹ 853 crore for FY24

On the expense side, procurement costs made up 39.2% of the total expenditure, amounting to ₹ 308 crore. Advertising spending saw a notable spike—up 173% year-on-year to ₹ 41 crore. Costs related to employee benefits, utilities, rent, freight, and other overheads pushed total expenses up by 4%, from ₹ 755 crore in FY23 to ₹ 785 crore in FY24.

Despite the subdued revenue growth, D’Decor’s profit rose to ₹ 53 crore in FY24 from ₹ 44 crore in the previous year—marking a 20.5% increase. Operationally, the company spent ₹ 0.96 to earn each rupee of revenue. Its financial metrics also showed improvement, with Return on Capital Employed (ROCE) rising to 14.09% and EBITDA margin reaching 17.80%.

As of March 2024, the company held total current assets of ₹ 547 crore, which included trade receivables worth ₹ 224 crore.

In an increasingly competitive market, D’Decor is up against both legacy brands and newer entrants like The Yellow Dwelling, Vaaree (backed by Peak XV), Furlenco, and Pepperfry. While the Indian home décor sector holds tremendous potential in terms of size and margins, it remains a fiercely contested space.

About D’Decor

D’Decor is a well-known name in the soft furnishings space, offering a range of products like curtains, upholstery, and bed and bath linens. The company exports to over 65 countries and maintains a strong domestic presence through its retail stores and online platforms. Notably, its entire revenue during FY24 came from the sale of fabrics and made-ups, though the firm did not disclose a split between domestic and international markets.

 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Passenger Vehicle Sales Touched New High During FY25: SIAM

As per data released by the Society of Indian Automobile Manufacturers (SIAM), the passenger vehicle (PV) sales in India clocked a historic high of 4.3 million units during the year ended March 31, 2025 (FY25), reflecting a growth of 2% over FY24.

Rising PV Sales: Key Growth Drivers

The growth in passenger vehicles sales has been mainly backed by the Utility Vehicles (UVs), which accounted for 65% of total PV sales, an increase from around 60% in FY24. This growth was driven by new model launches with modern designs and advanced features as well as attractive discounts and promotional schemes that sustained consumer demand.

The overseas sales or PV exports reached their highest level, posting a growth of 14.6% YoY to 7.7 lakh million units. The growth in exports was fuelled by the global demand for India-manufactured models in Latin American and African markets. India strengthened its presence as a global manufacturing hub as a few automakers expanded their footprints into developed countries.

Growing Indian Automobile Industry

During FY25, the Indian automobile industry saw a growth of 7.3% in domestic sales and a strong 19.2% growth in exports. Backed by growing scooters sales, improved rural connectivity, rising consumer confidence, and ongoing product innovation, the two-wheeler sales experienced a notable recovery with YoY growth of 9.1% to 19.6 million units in FY25.

Electric vehicles (EVs) continued to gain momentum, accounting for over 6% of total two-wheeler sales. Exports of two-wheelers surged by 21.4% to 4.2 million units, fuelled by robust demand from African and Latin American markets. SIAM expects continued growth while looking ahead to FY26, which will be backed by stable macroeconomic conditions, policy incentives, infrastructure development, and a predicted normal monsoon season.

Auto Sales March 2025

Company Name Total Sales (March 2025)  Total Sales (March 2024)  YoY%
Four Wheelers
Maruti Suzuki India Limited 1,92,984 1,87,196 3
Tata Motors Ltd 90.500 90,822 0
Mahindra & Mahindra 83,894 68,413  23
Two Wheelers
TVS Motors Company Ltd 4,14,687 3,54,592 17
Eicher Motors Ltd (Motor Cycles) 1,01,021 75,551  34
Trucks & Buses
Eicher Motors Ltd 12,094 11,242 7.6
Escorts Kubota Ltd 11.374 9,888 15
Ashok Leyland Ltd 24060 22736 6

Also Read: March 2025 Auto Sales Data Out: Tata Motors, Maruti Suzuki, M&M and More in Focus

Conclusion

The Indian automobile industry demonstrated strong resilience and adaptability in FY25, marked by steady domestic growth, expanding exports, and increasing adoption of electric vehicles

 

 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Mid-Day Top Gainers and Losers on April 16, 2025: IndusInd Bank and Axis Bank Led Gainers

On April 16, 2025, as of 11:55 AM, the BSE Sensex was down 0.01% at 76,723.66, while the Nifty 50 was up 0.02% at 23,333.40. The mid-day top gainers and losers for the day are:

Mid-Day Top Gainers 

Symbol Open High Low LTP %chng
INDUSINDBK 747 779.95 733 779.7 5.95
AXISBANK 1,122.70 1,159.90 1,112.60 1,156.20 3.9
TRENT 4,922.00 5,008.50 4,852.00 4,980.00 2.11
HDFCLIFE 700.2 719.05 700.2 718 1.89
EICHERMOT 5,549.00 5,630.00 5,539.00 5,624.50 1.73

Here’s a brief market update based on the top gainers:

IndusInd Bank

IndusInd Bank shares have surged by nearly 6%, reaching a high of ₹779.95, driven by strong investor sentiment in the banking sector.

Axis Bank

Axis Bank climbed 3.9% to ₹1,156.20, buoyed by robust sector momentum and positive sentiment.

Trent

Trent advanced over 2% to ₹4,980.00, continuing its uptrend with solid retail demand.

HDFC Life

HDFC Life shares gained 1.89%, trading near the day’s high at ₹718.

Eicher Motors

Eicher Motors rose 1.73% to ₹5,624.50, after opening at ₹5,549.00

Mid-Day Top Losers

Symbol Open High Low LTP %chng
HINDALCO 618.15 619.35 604.5 606.6 -1.78
MARUTI 11,768.00 11,768.00 11,631.00 11,660.00 -1.64
BAJAJ-AUTO 7,999.00 7,999.50 7,864.50 7,904.50 -1.14
JSWSTEEL 1,003.00 1,007.30 992.1 996.8 -1.11
HEROMOTOCO 3,809.00 3,816.60 3,745.70 3,766.00 -1

Here’s a brief market update on the top losers:

Hindalco

Hindalco shares opened at ₹618.15, hit a low of ₹604.50, and are down 1.78%.

Maruti Suzuki

Maruti Suzuki shares opened at ₹11,768.00 and touched a low of ₹11,631.00, down 1.64%.

Bajaj Auto

Bajaj Auto opened at ₹7,999.00, dropped to ₹7,864.50, down 1.14%.

JSW Steel

JSW Steel opened at ₹1,003.00 and slid to ₹992.10, down 1.11%.

Hero MotoCorp

Hero MotoCorp opened at ₹3,809.00 and hit a low of ₹3,745.70, down 1%.

 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Hindustan Oil Exploration Shares Gains ~5%: Received a New Contract

On April 16, 2025, Hindustan Oil Exploration shares rose ~5%, reaching a day high of ₹178.45, after opening at ₹172.80. The gain in Hindustan Oil Exploration shares came after the company announced that it has been awarded a contract area under the special discovered small fields bid round 2024.

Details of Newly Awarded Contract

The designated block — MB/OSDSF/B15/2024 — covers an area of approximately 332.4 square kilometers in the Mumbai offshore region, situated in waters about 40 meters deep. According to the company’s exchange filing, the block includes two discoveries, B-15A and B-15-2, and holds promise for additional exploration. A total of six wells have been drilled within the block.

Well B-15A-1 recorded production of roughly 1.66 million standard cubic feet of gas per day (mmscfd) and 1,833 barrels of oil per day (bopd), while Well B-15-2 yielded about 1,151 barrels of oil and 0.91 mmscfd of gas from the Panna formation, the company reported. It also noted that it operates the block with a 100% participating interest.

The addition of this new block enhances Hindustan Oil Exploration Company’s existing portfolio, complementing its MB/OSDSF/B80/2016 block in the same region and increasing its total offshore acreage to more than 800 square kilometers.

Management Take on Business Development

The Managing Director of HOEC, Mr. Ramasamy Jeevanandam, affirmed the Company’s commitment to enhancing its asset base and seizing growth opportunities. As we strive to optimise operations in the Mumbai Offshore region, we also prioritise leveraging our offshore expertise to drive sustained growth. Through the development of existing discoveries and the potential drilling of new wells, HOEC aims to unlock the full potential of this Block and create significant value for all the stakeholders.

 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing

PMMY Disburses Over ₹33 Lakh Crore in Loans: 68% Beneficiaries Are Women

In a recent address at the valedictory ceremony, Union Minister of State for Finance Mr. Pankaj Chaudhary highlighted the substantial impact of the Pradhan Mantri Mudra Yojana (PMMY) over the past decade.

Since its launch, PMMY has noted the disbursement of over ₹33 lakh crore (approximately US$ 383.28 billion) in collateral-free loans to over 52 crore individuals, giving a major boost to entrepreneurship across the country. These loans, ranging from ₹50,000 (US$ 580) to ₹20 lakh (US$ 23,230), have played a pivotal role in enabling small businesses and self-employment ventures to take root and thrive.

Rising Women Entrepreneurs

What’s even more encouraging is the strong participation of women—68% of PMMY beneficiaries are women entrepreneurs, reflecting a significant shift toward inclusive economic growth and increased female-led enterprise in India.

Mr. Chaudhary also shed light on the government’s ongoing investment in infrastructure development. Over the past ten years, a consistent increase in the infrastructure budget has led to tangible improvements in both urban and rural areas, helping lay the groundwork for sustained growth.

10 Years of Pradhan Mantri Mudra Yojana (PMMY)

On April 8, 2025, the nation marked the 10th anniversary of the Pradhan Mantri MUDRA Yojana (PMMY). Over the past decade, the scheme has played a crucial role in dismantling traditional credit barriers.

As per an SBI report, 50% of Mudra accounts are held by entrepreneurs from SC, ST, and OBC communities, significantly enhancing access to formal financing. Additionally, 11% of the beneficiaries belong to minority communities, highlighting PMMY’s role in promoting inclusive growth and empowering marginalized groups to actively engage in the formal economy.

Since its inception, PMMY has enabled the creation of over 52 crore loan accounts, reflecting a consistent rise in entrepreneurial activity. Notably, the proportion of Kishor loans (₹50,000 to ₹5 lakh) has surged from 5.9% in FY16 to 44.7% in FY25.

Also Read: PM Mudra Yojana: Trends and Analysis of the Past 10 Years

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing

FII’s Returned to Indian Securities Market: Highest Net Inflows Since March 27

On April 15, 2025, Foreign institutional investors (FIIs) made a strong comeback to Indian equities by injecting ₹6,065.78 crore—marking highest net inflow since March 27. This indicated a reversal in their recent selling streak, indicating a shift in sentiment as global trade worries began to ease.

In contrast, domestic institutional investors (DIIs) turned net sellers, booking profits by offloading stocks worth ₹1,951.60 crore, likely taking advantage of the recent market upswing. Provisional data revealed that FIIs purchased shares worth ₹25,103 crore and sold ₹19,037 crore during the session. Meanwhile, DIIs bought stocks valued at ₹11,259 crore and sold ₹13,211 crore.

Despite the day’s positive flows, FIIs remain net sellers for 2025 to the tune of ₹1.68 lakh crore, whereas DIIs have recorded net purchases of ₹2.04 lakh crore so far this year. Indian benchmark indices surged on Tuesday, recovering all of last week’s losses caused by tariff-related concerns. The rally was fueled by signs of easing U.S. trade tensions and broad-based sectoral gains.

 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing

Why Gold Prices Touched a New Record High in International Market?

On April 16, 2025, Gold prices continued their gaining streak, reaching a new all-time high. At 09:51 IST, Spot gold prices soared 1.76% to $3,278.89, making it a new record high.

In the domestic market, gold futures also hit a historic peak. MCX Gold prices surged past ₹94,573 per 10 grams on Wednesday morning, climbing more than ₹1,000, or over 1%, in early trade. The rally was supported by the softer dollar and ongoing concerns about U.S. trade policies. Following the record high, MCX Gold prices saw a slight pullback, trading 1.13% higher at ₹94,475 per 10 grams around 9:40 AM.

Why are Gold Prices Rising?

The surge in gold prices has been fuelled by strong safe-haven demand amid uncertainty surrounding U.S. President Donald Trump’s tariff strategies, a weakening U.S. Dollar (USD), and expectations of further monetary easing by the Federal Reserve (Fed).

Rising economic uncertainty has increased the demand for safe-haven assets like gold, pushing prices higher. The U.S. Dollar Index dropped by around 0.5%, making gold—priced in USD—more affordable for buyers using other currencies, thereby boosting demand.

Additionally, expectations of interest rate cuts are supporting gold’s upward trajectory. These hopes were strengthened by a significant drop in inflation in both India and the U.S.

In India, retail inflation based on the Consumer Price Index (CPI) eased to 3.34% year-on-year in March 2025, marking the lowest level since August 2019.

Conclusion

The rising gold prices reflects the investors’ increased confidence amid the rising economic uncertainty. Also, a weakening U.S. Dollar (USD), and expectations of further monetary easing by the Federal Reserve (Fed) propelling gold prices.

 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Gensol Share Price Crash: What Retail Shareholder Should Know?

On April 16, 2025, Gensol Engineering share price locked in 5% lower circuit at ₹123.65 on BSE. Gensol share price crashed after the SEBI’s action on the company and its promoters on alleged misuse of funds.

The allegation against Gensol Engineering includes loans worth ₹978 crore from IREDA and PFC and using some part of it for personal expenses. The promoters have been charged for round tripping of funds and fund diversion from Gensol to private entities and promoters.

On Tuesday, April 15, SEBI issued interim orders against Gensol Engineering and its promoters. Anmol Singh Jaggi and Punit Singh Jaggi, restraining them from holding positions of a director in the company. Both promoters have also been restrained from buying, selling or dealing in securities.

Impact on Nearly 1 Lakh Retail Shareholders

As of December 2024, Gensol Engineering Ltd. has close to 1 lakh retail shareholders—those whose authorised share capital is up to ₹2 lakh. Over a 12-month period from December 2023 to December 2024, the company’s retail shareholding rose from 13.94% to 23.44%.

Gensol share price has taken a severe hit, plunging from a peak of ₹1,147 to just ₹123, a staggering decline of nearly 90%. Due to this sharp fall, Gensol Engineering is now classified under the ‘T’ group of shares and has been moved to Stage 1 of the Enhanced Surveillance Measures (ESM) framework.

The decline in Gensol’s shares has accelerated following credit rating downgrades by ICRA and CARE. Under Stage 1 of ESM, trading in the stock is on a trade-for-trade basis with a 5% price band. From the T+2 day, a 100% margin requirement applies. If the stock is already under a 2% circuit, that limit remains.

Trading Rules on Gensol Shares

Stocks in the ‘T’ group are subject to stricter trading rules: mandatory delivery is required, there’s a 5% circuit limit, and intraday trading is prohibited. Additionally, BTST (Buy Today, Sell Tomorrow) and STBT (Sell Today, Buy Tomorrow) trades are not allowed.

 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

SEBI Cracks Down on Gensol Engineering Over Funds Misuse: Halts Stock Split

On April 15, 2025, the capital market regulator, the Securities and Exchange Board of India (SEBI) has taken serious action on GensolEngineering.

SEBI Order Against Gensol Engineering

Following allegations of fund misappropriation and misleading disclosures, the market regulator on Tuesday issued an interim order against Gensol Engineering and its promoters, Anmol Singh Jaggi and Puneet Singh Jaggi.

The order by SEBI restrained the promoters from holding any directorial or key managerial positions in the company and barred them from taking part in the securities market, which means they are not allowed to buy, sell, or deal in securities.

SEBI will appoint a forensic auditor to review Gensol’s financial records, with the audit report expected within six months.

SEBI’s Investigation

The SEBI investigation revealed that Gensol Engineering had taken ₹977.75 crore in term loans, with ₹663.89 crore designated for acquiring 6,400 electric vehicles (EVs). However, only 4,704 EVs worth ₹567.73 crore were purchased, leaving ₹262.13 crore unaccounted for.

Allegedly, a portion of the funds was diverted to the promoters or their related parties and used for luxury spending, real estate acquisitions, and transfers to family members. The investigation also found suspected round-tripping of funds between Gensol and Go-Auto, the EV supplier.

Moreover, Gensol’s claim of receiving orders for 30,000 EVs was found to be based on a non-binding memorandum of understanding, lacking critical details such as pricing and delivery timelines. A site inspection further revealed no manufacturing activity at the company’s plant, raising additional concerns.

Also Read: SEBI’s Probe into Gensol Engineering

SEBI Halts Gensol Stock Split

Following these developments, SEBI has suspended Gensol’s proposed 1:10 stock split, stating that the move is not in the best interest of investors.

Conclusion

SEBI’s Interim order marks a significant regulatory intervention, reflecting the seriousness of the allegations against Gensol Engineering and its promoters. With questions surrounding the diversion of funds and misleading disclosures.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.