What we do Hathway Cable & Datacom Ltd is a leading Indian broadband and cable TV service provider, delivering internet and digital television services across multiple cities with advanced technology. |
Founded in 1,959 |
Market share One of the largest multi-system operators in India, leading in key metros like Mumbai, Delhi, Pune, Bangalore, and Hyderabad. |
Problem solved Provides high-quality broadband internet and digital cable television services addressing the demand for reliable connectivity and enhanced entertainment in urban India. |
Top clients or who we serve Millions of retail subscribers across India, including individual households and local cable operators; primarily a B2C business with some B2B partnerships. |
Key management Mr. Rajendra Dwarkadas Hingwala (Chairman), Mr. Viren Raheja (Non-Executive Director), Ms. Naina Krishna Murthy (Independent Director) |
Our journey and innovations Founded in 1959, became public in 2010; pioneering broadband in cable TV; launched India's first cable hybrid box and smart digital innovations; extensive acquisitions to expand footprint. |
Where we operate Pan-India presence with stronghold in metro and key regional markets including Maharashtra, Gujarat, Karnataka, Madhya Pradesh, and Delhi NCR. |
Top products or what we offer Digital & analogue cable TV, broadband internet services, digital video recorders, HEVC HD boxes, OTT hybrid boxes, and associated content distribution. |
Top brands Hathway Broadband, Hathway Digital Cable, Hathway Ultra Smart HUB, FiberMAX broadband services, recognized with multiple industry awards. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Majority of revenue is recurring from monthly broadband and cable TV subscriptions, complemented by advertising revenues. |
Our industry position Market leader in cable and broadband segment with strong customer base and technological edge in distribution infrastructure. |
Financial highlights Consolidated revenue of Rs. 2039.65 crores and net profit of Rs. 92.51 crores for FY 2024-25, showcasing steady growth and profitability. |
Geographical revenue split Revenue primarily from Indian operations; no international segments reported. |
Order book - |
Whats driving growth Expansion of FTTH subscribers, unlimited data plans, digital transformation initiatives, technological upgrades, and regulatory environment shifts. |
Our future plans Upgrading to DVB5 conditional access system, further network expansion, deployment of advanced digital products, and continual service enhancements. |
Our green promise Committed to ESG with policies focused on sustainability, anti-corruption, and social responsibility including poverty eradication and education. |
Our people and values Focus on customer satisfaction, innovation, diversity, and governance with strong internal controls and ethical standards. |
Key challenges ahead Declining cable TV subscribers due to OTT disruption, regulatory challenges, and competitive broadband market pressure. |
Interesting facts First cable TV provider in India to launch digital video recorder service and cable hybrid boxes on android TV platform. |
Risks and strategy Mitigates risks through technological innovation, regulatory compliance, market diversification, and strengthening broadband services. |