Cable TV
Nxtdigital launches 40 new Nxthubs across India
Mumbai: Integrated digital distribution company Nxtdigital Ltd (NDL) has launched 40 Nxthubs across India and unveiled a value-added app for its last-mile owner (LMO) on Thursday.
Following the launch of its pilot in Ranchi, these Nxthubs were electronically launched at an event in Hyderabad across 13 states including Andhra Pradesh, Telangana, Gujarat, Uttar Pradesh, Maharashtra, and Karnataka, amongst others.
Each Nxthub is owned and operated by NDL and is equipped with the latest technology comprising an ADDS or advanced digital distribution system – to distribute over 650 digital TV services received via satellite to LMOs and their customers. The Nxthub plug-and-play model eliminates the need for LMOs to invest in head-end and related technology. Besides video and broadband, these Nxthubs are future-ready to offer a slew of additional digital services including OTT and WiFi.
According to the company, each location has been strategically chosen to augment the company’s footprint across the country, which today stands at over 4,400 pin codes, as well as focus on markets where LMO growth is constrained by the ability to invest. For LMOs, this plug-and-play solution facilitates them to go ‘digital’ literally overnight, offering their customers over 650 digital television channels and other digital services including broadband.
NDL has planned a total of 100 such Nxthubs for this financial year that will further strengthen the NDL footprint across the country.
“One of the key principles of the Hinduja Group is ‘partnership for growth’. After 2.0 saw the launch of headend-in-the-sky (HITS) to connect LMOs in even the most remote locations through the only satellite-based cable TV platform in India; 3.0 focuses not just on strengthening the overall ecosystem we have built, but harnessing the convergence of technologies – to be delivered through a national network of Nxthubs,” said Nxtdigital Ltd MD and CEO Vynsley Fernandes. “Video and broadband are only the start of the digital highway of services that we have developed for roll-out, backed by a robust suite of innovative apps developed by service providers, exclusively for our LMOs and subscribers.”
Nxtdigital regional head for Andhra Pradesh and Telangana SY Srikumar said the company is proud that 16 of the 40 Nxthubs are in Andhra Pradesh and Telangana alone. “This national launch from Hyderabad reflects our commitment to LMOs here and the subscribers who expect a high quality of service. We believe this unique model will help stimulate growth and we have already lined up not just new products but also many more Nxthubs across the region,” he added.
NDL also announced the launch of its new APIs or application programme interfaces for its Nxtdigital HITS service as well as a pre-integrated mobile app solution from ‘Mobiezy’ – under its VAAP program or ‘value-added apps for partners’. These APIs are designed to provide LMOs a way to develop or integrate their own subscriber mobile applications to automate activation/deactivation of subscriber packages directly into NDL’s systems, thereby enhancing the user experience it announced on Thursday.
“This initiative will empower subscribers to pay online and subscribe to the channels they want to watch and get it activated on their TV sets in real-time without any delay. Without needing to undertake any software development, LMOs can approach Mobiezy for their pre-built and pre-integrated solution that uses Nxtdigital’s new APIs and can be up and running with their own mobile apps within just a few days,” said Nxtdigital group chief technology officer Ru Ediriwira.
NDL has also been working on an infrastructure sharing model which will help other MSOs reduce operating costs, improve quality of service and extend services to hitherto unviable markets, especially rural; by riding on the HITS platform that covers all of 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.
