Hathway Cable & Datacom Ltd
NSE: HATHWAY BSE: 533162
Hathway Cable & Datacom is engaged in distribution of internet services through cable and has strategic stake in entities engaged in Cable Television business.(Source : 202003-01 Annual Report Page No:103)
₹10
52W: ₹8.76 — ₹18
PE 27.2 · Book ₹27 · -63% vs bookMarket Cap₹1,779 Cr
Stock P/E27.2Price to Earnings
ROCE1.87%Return on Capital
ROE1.38%Return on Equity
Div. Yield0%Face Value ₹2
Strengths
- +Company is almost debt free.
- +Stock is trading at 0.37 times its book value
Weaknesses
- −Though the company is reporting repeated profits, it is not paying out dividend
- −The company has delivered a poor sales growth of -1.12% over past five years.
- −Company has a low return on equity of 1.76% over last 3 years.
- −Earnings include an other income of Rs.89.2 Cr.
- −Working capital days have increased from 167 days to 684 days
Shareholding Pattern
Promoters75%
FIIs0.64%
DIIs0%
Public24.35%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% |
| FIIs | 4.89% | 3.07%▼1.8 | 1.84%▼1.2 | 0.46%▼1.4 | 1.01%▲0.6 | 0.84%▼0.2 | 0.72%▼0.1 | 0.64%▼0.1 |
| DIIs | 0.05% | 0.06%▲0.0 | 0.07%▲0.0 | 0.07% | 0.08%▲0.0 | 0%▼0.1 | 0% | 0% |
| Public | 20.05% | 21.87%▲1.8 | 23.09%▲1.2 | 24.46%▲1.4 | 23.91%▼0.6 | 24.14%▲0.2 | 24.27%▲0.1 | 24.35%▲0.1 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 156 | 154 | 151 | 152 | 150 | 149 | 147 | 147 | 145 | 143 |
| Expenses | 107 | 106 | 104 | 104 | 104 | 102 | 103 | 105 | 106 | 103 |
| Operating Profit | 49 | 48 | 48 | 47 | 46 | 47 | 44 | 42 | 39 | 40 |
| OPM % | 31% | 31% | 32% | 31% | 31% | 32% | 30% | 28% | 27% | 28% |
| Net Profit | 14 | 21 | 16 | 37 | 12 | 15 | 21 | 19 | 13 | 12 |
| EPS ₹ | 0.08 | 0.12 | 0.09 | 0.21 | 0.07 | 0.08 | 0.12 | 0.11 | 0.07 | 0.07 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹582Cr, down 3.3% YoY. OPM at 28%.
Debt Position
Borrowings at ₹5Cr. Debt-to-equity ratio: 0.00x. Healthy balance sheet.
Capex Cycle
CWIP at ₹13Cr (2% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 0% (-0.41pp change). FIIs: 0.64% (-5.88pp change). Promoters hold 75%.
Margin & Efficiency
ROCE improving from -4% (Mar 2015) to 2% (Mar 2026). Working capital days: 684.
Valuation
PE 27.2x with 1.87% ROCE. Price is -63% above book value of ₹27. Dividend yield: 0%.
Recent Announcements
- Compliances-Reg.24(A)-Annual Secretarial Compliance 11 May - FY2025-26 secretarial compliance report filed; prior board-composition non-compliance led to ₹94,400 penalty.
- Announcement under Regulation 30 (LODR)-Change in Management 17 Apr - Board appointed Gurjeev Singh Kapoor COO/CEO designate from April 20, 2026; CEO from September 1, 2026.
- Audited Financial Results (Consolidated And Standalone) For The Financial Year Ended March 31, 2026 17 Apr - Hathway reported FY26 audited standalone and consolidated results with unmodified auditors’ opinions on April 17, 2026.
- Board Meeting Outcome for Audited Financial Results For The Quarter Ended March 31, 2026 17 Apr - Audited FY26 results: consolidated revenue 2,149.58 crore, PAT 82.24 crore; standalone PAT 65.38 crore.
- Announcement under Regulation 30 (LODR)-Acquisition 13 Apr - On April 13, 2026, acquired remaining 49% stake in Channel 5 for ₹40,000, making it wholly owned.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse