Cable TV
AIDCF elects Anirudhsinh Jadeja as new president
KOLKATA: All India Digital Cable Federation (AIDCF) has appointed GTPL Hathway MD Anirudhsinh Jadeja as the new president of the apex body of digital cable television players. The change has been made as the tenure of DEN Networks CEO SN Sharma as AIDCF president ended on 31 March 2021.
Jadeja is a veteran in the cable industry and founded GTPL Hathway in 2006. His strategic vision and hands-on leadership shaped the cable business over decades.
While giving his farewell address, Sharma welcomed Jadeja as the next AIDCF president and said, “Cable industry has witnessed many challenges in the last two years, including huge operational challenges from Covid2019 pandemic, however, due to its strong roots with the public at large, it managed to sail through. We hope the coming time will be interesting and conducive for the growth of the industry.”
In his first statement as AIDCF president, Jadeja said the apex body will continue to focus on the inclusiveness of all industry players, growth of the cable industry and its stakeholders, and representing the relevant issues and requirements of the industry in different forums. “The broadcasting and cable industry is witnessing the transformation in technology and delivery and we, at AIDCF, will continue to work towards benefitting the end consumers through technological advancements,” he added.
Noting that the next two years will be a period of technological upheaval in the cable industry, AIDCF secretary general Manoj P Chhangani said the federation and its members under Jadeja’s leadership will chalk out a robust path in providing advanced services to the end consumers.
All India Digital Cable Federation (AIDCF) is India’s apex body for digital Multi System Operators (MSOs). The federation works towards the overall growth of the sector and creates an environment for not only complete digitisation of cable TV under regulatory guidelines but also delivers the benefits of digital services including broadband and other value added services to the people of India thus fulfilling the dream of ‘True Digital India.’
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.
