Cable TV
Hathway Bhawani Cabletel & Datacom FY-2014 loss triples, EBIDTA down
BENGALURU: Hathway Bhawani Cabletel and Datacom Limited (HBC&DL) reported consolidated loss of Rs 4.05 crore in FY-2014, 3.19 times the loss of Rs 1.27 crore in FY-2013. The company’s EBIDTA (including other income) in FY-2014 at Rs 4.74 crore (28.9 per cent of Total Income of Tot Inc) was down 19.4 per cent from the Rs 5.89 crore (32.1 per cent of Tot Inc) in FY-2013.
Note : (1)100,00,000=100 lakh = 1 crore = 10 million.
(2) Annual figures are on a consolidated basis, quarterly figures are standalone.
HBC&DL reported consolidated Tot Inc of Rs16.38 crore in FY-2014, which was 10.6 per cent lower than the Rs 18.32 crore in FY-2013. Its Q4-2014 standalone Tot Inc at Rs 4.08 core was 18.8 per cent more than the Rs 3.43 crore in the immediate trailing quarter and 16.8 per cent more than the Rs 3.5 crore in the year ago quarter Q4-2013.
Let us look at the other numbers reported by HBC&DL for FY-2014 and Q4-2014
The company’s consolidated Total Expense (Tot Exp) in FY-2014 at Rs 20.09 crore (123.4 per cent of Tot Inc) was 1.6 per cent more than the Rs19.78 crore (108.5 per cent of Tot Inc) in FY-2013.
Standalone Q4-2014 Tot Exp at Rs 5.06 crore (124.9 per cent of Tot Inc) was 16.4 per cent more than the Rs 4.35 crore in Q3-2014 and 12.2 per cent more than the Rs 4.51 crore (129.3 per cent of Tot Inc) In Q4-2013.
The company’s pay channel cost in FY-2014 at Rs 7.35 crore (54.2 per cent of Tot Inc) was 13 per cent less than the Rs 8.45 crore (46.3 per cent of Tot Inc) in FY-2013. The company’s standalone and consolidated pay channel cost for the year and the quarters is the same. Pay channel cost in Q4-2014 at Rs 0.87 crore (21.4 per cent of Tot Inc) was 57.1 per cent less than the Rs 2.02 crore (59.1 per cent of Tot Inc) in Q3-2014 and 63.2 per cent lower than the Rs 2.35 crore (67.3 per cent of Tot Inc) in Q4-2013.
The company’s consolidated inventories in FY-2014 have dropped by 24.5 per cent to Rs 2.39 crore from Rs 4.35 crore in FY-2013.
The company’s consolidated trade payables in FY-2014 has gone up by 47.3 per cent to Rs 6.66 crore from Rs 4.52 crore in FY-2013. HBC&DL’s trade receivables have also gone up in FY-2014 by 67.2 per cent to Rs 0.54 crore from Rs 0.32 crore in FY-2013.
Standalone EBIDTA details for the three quarters: Q4-2014 Rs (-0.77) crore: Q3-2014 Rs (-0.72) crore: Q4-2013 Rs (-0.8) crore (all the three quarter have reported negative EBIDTA.)
Results for the three quarters: Q4-2014 loss Rs 1 crore; Q3-2014 loss Rs 1.02 crore: Q4-2013 loss Rs 0.78 crore.
MUMBAI: When margins wobble, liquidity talks and in Q3 FY25-26, cash did most of the talking. Den Networks Limited closed the December quarter with consolidated revenue of Rs.251 crore, marginally higher than the previous quarter but down 4 per cent year-on-year, even as profitability stayed resilient on the back of strong cash reserves and disciplined cost control.
Subscription income softened to Rs.98 crore, slipping 3 per cent sequentially and 14 per cent from last year, while placement and marketing income offered some cheer, rising 15 per cent quarter-on-quarter to Rs.148 crore. Total costs climbed faster than revenue, up 7 per cent QoQ to Rs.238 crore, driven largely by higher content costs and operating expenses. As a result, EBITDA dropped sharply to Rs.13 crore from Rs.19 crore in Q2 and Rs.28 crore a year ago, pulling margins down to 5 per cent.
Yet, the bottom line refused to blink. Profit after tax stood at Rs.40 crore, up 15 per cent sequentially and only marginally lower than last year’s Rs.42 crore. A healthy Rs.57 crore in other income helped cushion operating pressure, keeping profit before tax at Rs.48 crore, broadly stable quarter-on-quarter despite the tougher cost environment.
The real headline-grabber, however, sits on the balance sheet. The company remains debt-free, with cash and cash equivalents swelling to Rs.3,279 crore as of December 31, 2025. Net worth rose to Rs.3,748 crore, while online collections accounted for 97 per cent of total receipts, underscoring strong cash discipline across operations, including subsidiaries.
In short, while Q3 showed signs of operating strain, the financial backbone remains solid. With zero gross debt, steady profits and a formidable cash war chest, the company enters the next quarter with flexibility firmly on its side proving that in uncertain markets, balance sheet strength can be the best growth strategy.
