Hathway Bhawani swings to profit; DoT claim still overhangs
Q1 consolidated net profit of ₹11.78 lakhs compares with a year-ago loss, but revenue slipped and a ₹4,130.38 lakhs DoT demand remains unresolved.
— 2 earlier stories on Hathway Bhawani Cabletel & Datacom Ltd. →What's new
- Swing to profit: consolidated net profit of ₹11.78 lakhs vs a loss of ₹0.77 lakhs.
- Revenue fell 5% to ₹57.74 lakhs; other income rose sharply to ₹8.74 lakhs from ₹0.26 lakhs.
- DoT license fee demand of ₹4,130.38 lakhs unchanged, still being contested legally.
Why this matters
The profit turnaround is positive but tiny relative to a market cap of ~₹11 crore. The real risk is the DoT demand of ₹4,130.38 lakhs, which is not provided for. A negative ruling could wipe out equity.
What we're watching
- Outcome of the DoT legal case; final demand could exceed the company's net worth.
- Whether core revenue stabilises; it slipped despite the other income boost.
- Any signs of cash flow improvement from operations.
The full read
Hathway Bhawani Cabletel swung to a consolidated net profit of ₹11.78 lakhs in Q1 FY27 from a ₹0.77 lakh loss a year earlier. But the numbers tell a fragile story. Revenue dropped 5% to ₹57.74 lakhs, and the profit came largely from other income, which rose to ₹8.74 lakhs from ₹0.26 lakhs. With a market cap around ₹11 crore, the company remains tiny. The overhang is the ₹4,130.38 lakhs DoT license fee demand, which is being contested but carries no provision. Until that is settled, the profit swing looks like noise, not a trend.
Questions answered
- How big is the DoT demand compared to the company's size?
- The DoT demand is ₹4,130.38 lakhs, while the company's market cap is about ₹10-11 crore. Quarterly revenue is ₹57.74 lakhs. The demand is many times larger than either.
- Why did profit swing when revenue fell?
- Profit was driven by a sharp rise in other income to ₹8.74 lakhs from ₹0.26 lakhs, offsetting a 5% revenue decline. Core operations remain weak.
- Has the company made any provision for the DoT demand?
- No, the company states the demand is being legally contested and no provision has been made. The contingent liability is unchanged from prior quarters.
- What was the prior-year quarter's performance?
- In Q1 FY26, Hathway Bhawani reported a consolidated loss of ₹0.77 lakhs on revenue of ₹60.91 lakhs. Standalone loss was ₹1.04 lakhs.
- What is the company's market cap?
- Hathway Bhawani Cabletel & Datacom has a market cap of about ₹10-11 crore, classifying it as a nano-cap stock.
- Are there any other material updates in the filing?
- No, it is a routine quarterly results disclosure with no new strategic announcements or changes to contingent liabilities. The board approved results on July 14, 2026.
Hathway Bhawani Cabletel & Datacom Ltd.
Latest quarter · Jun 2026
Strength & growth
Story so far
All notes on HATHWAYB →- 14 Jul 2026 · 5:11 PM IST Hathway Bhawani swings to profit; DoT claim still overhangs
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- 14d ago Hathway Bhawani Cabletel swings to profit; DoT claim still overhangs