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July 28, 2015 7:19 AM ET

Media

Company Overview of Hathway Cable & Datacom Ltd.

Company Overview

Hathway Cable & Datacom Limited, a multi system operator, provides cable television network services, Internet services, and allied services. The company offers digital cable TV services; standard definition (SD) and high definition (HD) cable TV channel services; and SD and HD set-top boxes. It also provides home and business broadband services; and operates Hathway Music, a Hindi music channel, as well as operates various local channels. The company offers its services in approximately 160 cities and towns across 20 states in India. It has approximately 11.8 million cable TV subscribers; and 4.5 lakhs broadband subscribers. The company was incorporated in 1959 and is based in Mumbai, India...

Rahejas

4th Floor

Corner of Main Avenue & V. P. Road

Santacruz (West)

Mumbai,  400054

India

Founded in 1959

Phone:

91 22 2600 1306

Fax:

91 22 2600 1307

Key Executives for Hathway Cable & Datacom Ltd.

Chief Executive Officer, Managing Director, Executive Director, Member of Stakeholders' Relationship Committee and Member of Corporate Social Responsibility (CSR) Committee
Age: 53
Total Annual Compensation: $21.1M
Compensation as of Fiscal Year 2014.

Hathway Cable & Datacom Ltd. Key Developments

Hathway Cable & Datacom Ltd., Q4 2015 Earnings Call, Jun 01, 2015

Hathway Cable & Datacom Ltd., Q4 2015 Earnings Call, Jun 01, 2015

Hathway Cable & Datacom Ltd. Reports Audited Standalone Earnings Results for the Fourth Quarter and Full Year and Audited Consolidated Earnings Results for the Full Year Ended March 31, 2015

Hathway Cable & Datacom Ltd. reported audited standalone earnings results for the fourth quarter and full year and audited consolidated earnings results for the full year ended March 31, 2015. For the quarter, the parent company reported net sales of INR 2,690.832 million, loss from operations before other income, financial costs and exceptional items of INR 376.350 million, loss from ordinary activities before tax of INR 769.887 million and net loss for the period of INR 769.887 million or INR 0.97 per diluted share after extraordinary items compared to net sales of INR 2,920.401 million, loss from operations before other income, financial costs and exceptional items of INR 208.016 million, loss from ordinary activities before tax of INR 492.660 million and net loss for the period of INR 492.660 million or INR 0.52 per diluted share after extraordinary items reported in the same period last year. EBITDA was INR 310 million against INR 360 million for the immediately preceding quarter. For the year, the parent company reported net sales of INR 10,194.406 million, loss from operations before other income, financial costs and exceptional items of INR 875.165 million, loss from ordinary activities before tax of INR 1,752.201 million and net loss for the period of INR 1,752.201 million or INR 2.20 per diluted share after extraordinary items compared to net sales of INR 9,772.803 million, loss from operations before other income, financial costs and exceptional items of INR 184.042 million, loss from ordinary activities before tax of INR 1,252.511 million and net for the period of INR 1,252.511 million or INR 1.51 per diluted share after extraordinary items reported in the same period last year. EBITDA was INR 1,390 million, while that may appear lower than the EBITDA for the previous year, after adjust for activation, it came in at about INR 960 million -- INR 950 million, which is about 17% better than the same period last year. For the year, the group reported net sales of INR 18,279.471 million, loss from operations before other income, financial costs and exceptional items of INR 717.708 million, loss from ordinary activities before tax of INR 1,465.844 million and net loss for the period of INR 1,745.317 million or INR 2.26 per diluted share after extraordinary items compared to net sales of INR 15,811.230 million, profit from operations before other income, financial costs and exceptional items of INR 105.033 million, loss from ordinary activities before tax of INR 1,244.699 million and net loss for the period of INR 1,406.980 million or INR 1.65 per diluted share after extraordinary items reported in the same period last year. EBITDA is about INR 2,600 million before adjustment for activation. After adjusting for activation, it came in at about INR 1,780 million.

Hathway Cable & Datacom Ltd. to Report Fiscal Year 2015 Results on May 20, 2015

Hathway Cable & Datacom Ltd. announced that they will report fiscal year 2015 results on May 20, 2015

Recent Private Companies Transactions

Type
Date
Target
Private Placement
September 10, 2014
--
Private Placement
August 7, 2014
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