Cable TV
Hathway Bhawani posts lower revenue, lower loss for Q1-2015
BENGALURU: Hathway Bhawani Cabeltel and Datacom Limited (HBC&DL) reported loss of Rs 65.55 lakh for the current quarter as compared to the Rs 99.63 lakh loss in Q4-2014 and the Rs 83.2 lakh loss in Q1-2014.
HBC&DL reported 4 per cent lower total operating revenue (TIO) in Q1-2015 at Rs 3.89 crore as compared to the Rs 4.05 crore in the immediate trailing quarter and was 3.8 per cent lower than the Rs 4.04 crore in the year ago quarter.
Note: Rs 100,00,000 = 100 lakhs = 10 million = 1 crore
HBC&DL reported 10.9 per cent lower expenditure in Q1-2014 at Rs 4.51 crore as compared to the Rs 5.06 crore in Q4-2014 and 4.9 per cent lower than the Rs 4.74 crore in Q1-2014.
EBIDTA in Q1-2015 was negative at Rs 0.42 crore as compared to the negative Rs 0.77 crore in Q4-2014 and the negative Rs 0.51 crore in Q1-2014.
The company paid Rs 1.62 crore (41.7 per cent of TIO) in Q1-2015, which was 87.4 per cent higher than the Rs 0.89 crore (21.4 per cent of TIO) in Q4-2014 and 44.3 per cent lower than the Rs 2.91 crore (72 per cent of TIO) in Q4-2014.
The company has informed the bourses that subject to shareholders’ approval, it intends to issue up to 9 lakh fully paid up equity shares of face value of Rs 10 to Hathway Cable and Datacom at a price of Rs 11 per equity share aggregating Rs 99,00,000.
HBC&DL’s equity share price went up 3.9 per cent yesterday (11 August). The share opened at Rs 10.45 and closed at Rs 10.39, with 512 shares changing hands. The earlier closing price of the share was Rs 10. The 30 day average volume of shares was 317. The book value of each equity share was Rs 2.19. The P/E ratio of the industry that HBC&DL is involved in is 32.84.
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.
