Cable TV
Jainhits strengthens its presence in Andhra Pradesh
MUMBAI: The Headend In The Sky (HITS) platform Jainhits has announced the company’s strategy to spruce up its presence in Andhra Pradesh. The HITS operator has signed up with four big distribution partners in the state. The announcement was made on the sidelines of the three day industry event – Third Cable Net Expo Vision 2014.
Jainhits national sales head Jeet Narayan Singh said, “Andhra Pradesh is a big market, with a presence of 12000 big and small cable operators. Our proposition of converting even the smallest LCO into an independent MSO is not only unique but virtually the only tangible solution which can fulfill the pan India digitisation goal of December 2014 set by government of India. In a short span of time, Jainhits has signed partnerships with over 200 cable operators spread across the country.”
Further talking about the company’s profitable proposition, Jainhits head Rakesh Gupta added, “In our endeavor to enable 60,000 small and medium cable operators to become MSOs and go digital independently, we are offering an integrated end- to- end single window plug & play solution. Jainhits offerings are fully regulated and DAS compliant with a wider choice of channels that is cost effective and is the fastest way to offer digital cable services in any part of India. In addition, our broadband offering gives additional edge to Jainhits partners and helps them increase revenues by increasing ARPUs.”
Currently, the HITS platform offers 250 plus channels including all major pay TV channels and will soon provide full HD and multi-screen offerings to consumers. Jainhits is all set to install over 2000 Mini Downlink Headends across 672 districts in India by end of 2014.
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.
