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Hathway Cable & Datacom Limited: Business Overview, Financials & Competitive Analysis

Hathway Cable & Datacom Limited scores 4/10 on the AskCyborg Cyborg Score (Mixed). Reliance-backed MSO in a maturing broadband/cable market with minimal growth and low returns, offset by improved profitability and debt reduction. The company has delivered poor sales growth of 2.55% over past five years and has a low return on equity of 1.77% over last 3 years. Q3.

What is Hathway Cable & Datacom Limited's industry? Hathway Cable & Datacom Limited (hathway.com) operates in Cable Television and Broadband Internet Services (India Multi-System Operator Sector). AskCyborg classifies Hathway Cable & Datacom Limited under Cable Television and Broadband Internet Services (India Multi-System Operator Sector) in its company registry.

Hathway Cable & Datacom Limited is a leading Multi System Operator (MSO) providing cable television and broadband internet services to households and businesses across India. Reliance Industries acquired a 51.34% stak...

4/ 10Mixed

Cyborg Score thesis

Reliance-backed MSO in a maturing broadband/cable market with minimal growth and low returns, offset by improved profitability...

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Industry Cable Television and Broadband Internet Services (India Multi-System Operator Sector)
3 named competitors
3 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: October 19, 2026
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Analyst-debate audio for Hathway Cable & Datacom Limited

AskCyborg analysts argue the bull and bear cases for Hathway Cable & Datacom Limited across 11 stress-tested dimensions. Listen on your commute -- faster than reading the 30-page report.

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What's in This Report
Hathway Cable & Datacom Limited OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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Hathway Cable & Datacom Limited Overview

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Hathway Cable & Datacom Limited is a leading Multi System Operator (MSO) providing cable television and broadband internet services to households and businesses across India. Reliance Industries acquired a 51.34% stake in Hathway for ₹2,940 crore in October 2018, receiving approval from the Competition Commission of India in January 2019.

Strategic Profile

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The company operates through Broadband Business, Cable Television, and Dealing in Securities segments. It generates the majority of the revenue from Cable television services. The company operates in a mature but transitional market facing headwinds from cord-cutting trends and increasing fiber adoption.

Competitive Landscape

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Hathway historically stood as one of the largest multi-system operators in India alongside Hinduja Group companies (RPG Cable, InCablenet), Essel Group's Siti Networks, and DEN Networks. GTPL Hathway (affiliated entity) is now the No.1 MSO in India. The sector faces competition from direct fiber broadband providers and OTT streaming platforms.

Industry Context

Hathway Cable & Datacom Limited operates in Cable Television and Broadband Internet Services (India Multi-System Operator Sector).

Key facts

Founded: 1999 · Headquarters: Mumbai, India · Revenue: ₹536.56 crore (Q3 FY26) · Market cap: ₹1,898 crore

What the AI analysts debated

AI-generated and not independently verified: selected findings from the multi-agent debate on Hathway Cable & Datacom Limited.

  • Q3 FY26 showed improved profitability with net profit of ₹21.71 crore, up from ₹13.7 crore YoY
  • Nearly debt-free balance sheet with improved financial position in recent years
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Recent developments

Material events tracked by the AskCyborg corpus.

  • Jan 2026Q3 FY26 consolidated revenue ₹536.56 crore; net profit ₹21.71 crore
  • Feb 2026Pan Cable Services Pvt to cease as associate company
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Named competitors

Pulled from the analyst-debate framework. Click any competitor to see their Cyborg Score.

Digital Cable TV & BroadbandIndia's largest MSO with 9.6M subscribers→Cable Television ServicesMajor MSO operator→Broadband & OTTParent company's fiber broadband offering→

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Industry context

Hathway Cable & Datacom Limited operates in Cable Television and Broadband Internet Services (India Multi-System Operator Sector). See how the rest of the sector scores on the Cyborg framework.

Browse Cable Television and Broadband Internet Services (India Multi-System Operator Sector) research →
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AI-generated research summary based on public sources; it may contain errors or omissions. Not investment advice. Not reviewed or endorsed by the companies covered. Report an error: legal@askcyborg.com · Terms of Service

Frequently asked questions

What does Hathway Cable & Datacom Limited do?+
Hathway Cable & Datacom Limited is a leading Multi System Operator (MSO) providing cable television and broadband internet services to households and businesses across India. Reliance Industries acquired a 51.34% stak...
What is Hathway Cable & Datacom Limited's Cyborg Score?+
Hathway Cable & Datacom Limited has a Cyborg Score of 4/10 (Mixed). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are Hathway Cable & Datacom Limited's main competitors?+
Named competitors include Digital Cable TV & Broadband, Cable Television Services, Broadband & OTT. The full competitive landscape is in the AskCyborg report.
How can I get the full Hathway Cable & Datacom Limited research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the Hathway Cable & Datacom Limited research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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