Hathway Cable Reports Mixed Financial Performance Amidst Market Challenges and Growth Indicators

Hathway Cable & Datacom, a small-cap player in the DTH/Cable industry, has recently undergone a financial trend adjustment reflecting its performance for the quarter ending March 2025. The company reported a flat financial performance, with notable metrics indicating both strengths and weaknesses.
On the positive side, Hathway Cable achieved a profit before tax of Rs 7.74 crore, marking a significant growth of 45.22%. Additionally, net sales reached a record high of Rs 513.15 crore, while the operating profit to net sales ratio stood at 17.68%, showcasing operational efficiency. The company also reported its highest profit after tax at Rs 35.06 crore and earnings per share of Rs 0.20.

However, challenges remain, particularly with non-operating income constituting 81.21% of profit before tax, which raises concerns about the sustainability of its earnings.

In terms of market performance, Hathway Cable's stock has shown mixed results compared to the Sensex. Over the past week and month, the stock outperformed the index, but year-to-date and longer-term returns reveal a decline, with a notable drop of 35.24% over the past year. This contrast highlights the company's struggle to maintain momentum in a competitive landscape.