Hathway Cable & Datacom Ltd Falls to 52-Week Low of Rs.10.82

Stock Performance and Market Context

On 22 Jan 2026, Hathway Cable & Datacom Ltd recorded a day change of 0.91%, yet it underperformed its sector by 0.58%. The stock has been trading below all key moving averages — 5-day, 20-day, 50-day, 100-day, and 200-day — signalling persistent bearish momentum. Despite a slight gain today following three consecutive days of decline, the stock remains firmly in a downtrend.

In contrast, the broader market shows mixed signals. The Sensex opened higher at 82,459.66 points, gaining 550.03 points (0.67%) but currently trades at 82,197.92, down 0.35% intraday. The Sensex is 4.82% below its 52-week high of 86,159.02, and has experienced a 4.16% loss over the past three weeks. Mid-cap stocks are leading gains with the BSE Mid Cap index up 0.92% today, highlighting a divergence between Hathway’s performance and broader market trends.

Long-Term and Recent Performance Metrics

Over the last year, Hathway Cable & Datacom Ltd has delivered a negative return of -27.75%, significantly underperforming the Sensex’s positive 7.67% return. The stock has also lagged behind the BSE500 index over the past three years, one year, and three months, indicating sustained underperformance relative to the broader market.

The company’s 52-week high of Rs.17.95 stands in stark contrast to the current price, underscoring the extent of the decline. This drop has been accompanied by a deterioration in key financial indicators, which have contributed to the stock’s weak market sentiment.

Financial Health and Profitability Concerns

Hathway Cable & Datacom Ltd’s financial metrics reveal challenges that have weighed on investor confidence. The company’s long-term fundamental strength is weak, with a compound annual growth rate (CAGR) of operating profits declining by -35.31% over the last five years. This negative growth trend highlights difficulties in expanding profitability sustainably.

The company’s ability to service its debt is also under pressure, as reflected by a poor average EBIT to interest ratio of -2.51. This ratio indicates that earnings before interest and tax are insufficient to cover interest expenses, raising concerns about financial leverage and credit risk.

Profitability per unit of shareholders’ funds remains low, with an average return on equity (ROE) of just 2.84%. This figure suggests limited efficiency in generating profits from equity capital, which may contribute to subdued investor appetite.

Quarterly and Half-Year Operational Indicators

Recent quarterly results have been flat, with the PBDIT (profit before depreciation, interest and tax) at Rs.77.41 crore, marking one of the lowest levels recorded. The operating profit to net sales ratio for the quarter also stands at a low 14.43%, indicating margin pressures.

The debtors turnover ratio for the half-year period is 4.77 times, which is among the lowest in recent years. This suggests slower collection of receivables, potentially impacting cash flow management.

Despite the company’s size, domestic mutual funds hold no stake in Hathway Cable & Datacom Ltd. Given their capacity for detailed research, this absence may reflect reservations about the company’s valuation or business prospects at current price levels.

Valuation and Relative Positioning

From a valuation standpoint, Hathway Cable & Datacom Ltd presents a mixed picture. The stock trades at a price-to-book value of 0.4, which is considered fair and indicates a discount relative to its peers’ historical valuations. This discount may reflect the market’s cautious stance given the company’s recent performance.

Over the past year, while the stock price has declined by 27.75%, the company’s profits have increased by 13.8%. This divergence is captured in the PEG ratio of 1.3, suggesting that earnings growth is not fully reflected in the share price.

Summary of Key Metrics

To summarise, Hathway Cable & Datacom Ltd’s stock has reached a new 52-week low of Rs.10.82, reflecting a year-long decline of 27.75%. The company’s financial indicators reveal subdued profitability, weak debt servicing capacity, and low returns on equity. Despite a modest increase in profits over the past year, the stock remains discounted relative to peers and continues to trade below all major moving averages.

The broader market environment shows some resilience, with the Sensex near its 52-week high and mid-cap stocks leading gains. However, Hathway’s performance remains disconnected from these trends, underscoring the challenges faced by the company within the Media & Entertainment sector.

Market Capitalisation and Mojo Ratings

Hathway Cable & Datacom Ltd holds a Market Cap Grade of 3, indicating a mid-tier market capitalisation relative to its sector. The company’s Mojo Score stands at 20.0, with a recent downgrade from a Sell to a Strong Sell grade on 7 Jan 2026. This rating reflects the deteriorated outlook based on fundamental and technical assessments.

Technical Trend and Moving Averages

The stock’s position below all key moving averages — including the 5-day, 20-day, 50-day, 100-day, and 200-day — signals a sustained negative trend. Although the stock gained slightly today after three days of decline, the overall technical picture remains bearish. This contrasts with the Sensex, which, despite a recent three-week decline, maintains a 50-day moving average above its 200-day moving average, suggesting a more stable medium-term trend.

Conclusion

Hathway Cable & Datacom Ltd’s fall to a 52-week low of Rs.10.82 highlights ongoing pressures on the company’s share price amid weak financial performance and subdued market sentiment. The stock’s underperformance relative to the broader market and sector peers is underpinned by declining operating profits, low returns on equity, and challenges in debt servicing. While the valuation metrics suggest a discount relative to peers, the overall trend remains negative as reflected in the recent downgrade to a Strong Sell rating.

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