Hathway Cable & Datacom Ltd. (HATHWAY) AI Stock Analysis

• Market Cap: ₹18.82B
• Dividend Yield: N/A
• Average Volume (3M): 214.59K
• Price to Earnings (P/E): 18.1
• Beta (1Y): 1.30
• Revenue Growth: 3.88%
• EPS Growth: -3.40%
• Country: IN
• Employees: 566
• Sector: Communication Services
• Sector Strength: 97
• Industry: Entertainment
• EPS (TTM): 0.12
• Shares Outstanding: 1,770,104,500
• 10 Day Avg. Volume: 157,206
• 30 Day Avg. Volume: 214,586
• PEG Ratio: -3.62
• Price to Book (P/B): 0.55
• Price to Sales (P/S): 1.17
• P/FCF Ratio: 25.94
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 60 Neutral
• Price Target: ₹11.00 ▼(-11.36% Downside)

Hathway Cable & Datacom Ltd. demonstrates strong financial performance with consistent revenue growth and a robust balance sheet. However, technical indicators suggest a bearish trend, and the stock is currently oversold. The valuation is moderate, but the lack of a dividend yield may deter income investors. Overall, while the company is financially stable, market sentiment and technical factors present challenges.

Positive Factors

Strong Balance Sheet / Low Leverage

A strong equity position and low debt-to-equity materially reduce financial risk and preserve strategic flexibility. Over the medium term this supports sustained network investment, resilience in downturns, and the ability to fund growth or M&A without stressing liquidity or raising costly debt.

Improved Cash Generation / Positive FCF

The turnaround to positive free cash flow indicates the business can internally fund capex and maintenance of broadband infrastructure. Sustainable cash generation improves financial independence and supports reinvestment, deleveraging, or strategic initiatives over the next several quarters.

Earnings Momentum and Margin Efficiency

Robust EPS growth combined with strong gross and EBIT margins points to operational efficiency and pricing leverage in core broadband and distribution businesses. Durable margin performance underpins free cash flow potential and long‑term return generation for shareholders.

Negative Factors

Variability in Cash Flow

Historic swings in free cash flow reduce predictability of available funds for capex, network upgrades, and strategic investments. For a capital‑intensive broadband operator, inconsistent cash generation can force episodic financing or delay critical infrastructure spending, raising execution risk.

Inconsistent Return Metrics

Variability in ROE and net profit margins signals inconsistent conversion of revenues into shareholder returns. Over months this can reflect operational or competitive pressure; sustained inconsistency complicates planning and may limit the company’s ability to commit to long‑term growth programs confidently.

Lack of Dividend Yield

No dividend policy reduces appeal to income‑focused investors and narrows the investor base. For a mature cable/broadband player, returning cash is a common means to signal capital allocation discipline; absence of dividends may pressure valuation stability and long‑term investor support.

Hathway Cable & Datacom Ltd. Business Overview & Revenue Model

Company Description

Hathway Cable and Datacom Limited provides cable television network, Internet, and allied services. It operates through Broadband Business and Cable Television segments. The company also provides home and business broadband services. In addition, the company operates H-tube, a channel for broadcasting videos; CCC – Cine Channel, a 24 hours movie channel; HMART, a shopping channel; and HFLICKS1 and HFLICKS2, which are entertainment channels. The company offers its cable TV services in approximately 350 cities and towns in India. Hathway Cable and Datacom Limited was incorporated in 1959 and is based in Mumbai, India.

How the Company Makes Money

Hathway Cable & Datacom generates revenue primarily through subscription fees from its cable television and broadband services. The company has a tiered pricing model for its broadband services, offering various plans based on speed and data limits, which attracts a diverse customer base. Additionally, HATHWAY earns revenue from value-added services, such as on-demand content and premium channels. Partnerships with content providers and telecom operators enhance its service offerings and drive customer acquisition. Advertising revenue from its cable channels also contributes to its earnings, along with potential revenue from business collaborations and enterprise broadband solutions.

Hathway Cable & Datacom Ltd. Financial Statement Overview

Summary

Hathway Cable & Datacom Ltd. shows strong financial health with consistent revenue growth and efficient cost management, contributing to solid profitability. The balance sheet is robust, characterized by low debt and high equity, ensuring financial stability. However, the cash flow performance, while improved, exhibits some volatility that requires attention for sustained financial strength.

Income Statement

Hathway Cable & Datacom Ltd. has demonstrated consistent revenue growth with a 3% increase in the latest year, indicating a positive trajectory in its income generation. The gross profit and EBIT margins show substantial efficiency in managing production and operational costs, leading to improved profitability. However, the net profit margin has seen fluctuations, highlighting some volatility in net income, which could be a potential area of concern.

Balance Sheet

The company maintains a strong equity position, with a high equity ratio indicating stability and low financial leverage. The debt-to-equity ratio is significantly low, which reduces financial risk. However, the return on equity has seen some variability, reflecting inconsistencies in generating returns from equity investments.

Cash Flow

Operating cash flow has improved significantly after a dip, and the company has managed to turn around its free cash flow to a positive state in the most recent year. The cash flow to net income ratios indicate effective cash management. However, the variability in free cash flow growth over the years suggests potential challenges in maintaining consistent cash flow performance.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	20.68B	20.40B	19.81B	18.58B	17.91B	17.32B
Gross Profit	8.60B	10.53B	1.43B	10.62B	10.41B	3.05B
EBITDA	4.05B	3.41B	4.25B	3.36B	3.71B	5.28B
Net Income	1.05B	925.10M	993.10M	652.90M	1.30B	2.53B
Balance Sheet
Total Assets	0.00	51.22B	49.63B	48.31B	46.20B	45.19B
Cash, Cash Equivalents and Short-Term Investments	21.55B	21.55B	17.62B	14.06B	7.80B	11.52B
Total Debt	0.00	126.00M	196.60M	50.70M	0.00	0.00
Total Liabilities	-43.84B	7.38B	6.72B	6.46B	4.93B	5.21B
Stockholders Equity	43.84B	43.82B	42.90B	41.83B	41.25B	39.97B
Cash Flow
Free Cash Flow	0.00	922.30M	-6.30B	606.40M	-476.80M	278.80M
Operating Cash Flow	0.00	2.90B	-4.10B	4.53B	3.33B	4.67B
Investing Cash Flow	0.00	-2.63B	2.74B	-3.03B	-3.82B	5.42B
Financing Cash Flow	0.00	-84.60M	-13.80M	0.00	-600.00K	-20.03B

Hathway Cable & Datacom Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 12.41
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:HATHWAY, the sentiment is Negative. The current price of 12.41 is above the 20-day moving average (MA) of 11.36, above the 50-day MA of 12.16, and below the 200-day MA of 14.04, indicating a bearish trend. The MACD of -0.49 indicates Negative momentum. The RSI at 42.73 is Neutral, neither overbought nor oversold. The STOCH value of 58.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:HATHWAY.

Hathway Cable & Datacom Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GTPL	61 Neutral	₹8.83B	21.33	―	2.00%	8.43%	-36.53%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
HATHWAY	60 Neutral	₹18.82B	18.09	―	―	3.88%	-3.40%
DEN	60 Neutral	₹13.43B	7.15	―	―	-3.51%	-14.31%
SITINET	39 Underperform	₹427.31M	-0.21	―	―	-6.97%	-25.25%
DISHTV	38 Underperform	₹6.41B	-0.91	―	―	-22.62%	66.73%

Hathway Cable & Datacom Ltd. Corporate Events

Hathway Cable & Datacom Files Q3 and Nine-Month FY2025 Unaudited Results

Hathway Cable & Datacom Ltd. has released its consolidated and standalone unaudited financial results for the quarter and nine months ended 31 December 2025, along with the independent auditor’s review report, in compliance with Indian listing regulations. The figures, prepared under Ind AS 34 and reviewed by the audit committee, board of directors and external auditors (who conducted a limited review rather than a full audit), provide investors and regulators with interim visibility into the group’s financial performance ahead of audited annual numbers, helping stakeholders gauge the company’s operational trajectory in the evolving cable and broadband market.