Stock Report

Hathway Bhawani Cabletel Reports Turnaround Q1 FY27 Performance with ₹11.78 Lakh Net Profit

Posted On : 2026-07-14 20:52:12( TIMEZONE : IST )

The Board of Directors of Hathway Bhawani Cabletel & Datacom Limited has approved the company's unaudited consolidated financial results for the first quarter of the fiscal year 2026-27, ended June 30, 2026. The cable and internet service provider successfully turned around its bottom line during the quarter, moving back into positive territory on a sequential and year-on-year basis, driven by a tight check on core operational overheads and expanding non-operating revenues.

Income Profile and Core Operating Income

Hathway Bhawani recorded consolidated revenue from operations of ₹57.74 lakh for Q1 FY27. This represents a minor softening of 5.20% year-on-year compared to the ₹60.91 lakh reported in the corresponding quarter of the previous fiscal year (Q1 FY26), and a 3.35% sequential dip against the ₹59.74 lakh logged during the March 2026 quarter (Q4 FY26). Full-year operational revenue for FY26 stood at ₹238.53 lakh.

The slight contraction in subscription fees was fully offset by a healthy expansion in alternative asset yields. Other income surged to ₹8.74 lakh, marking a massive scale-up over the nominal ₹0.26 lakh recorded in Q1 FY26 and more than tripling the sequential baseline of ₹2.55 lakh in Q4 FY26. Bolstered by this alternative stream, the company's total consolidated income for the three-month period finished higher at ₹66.48 lakh, up from ₹61.17 lakh in the same period last year.

Expense Optimization Drives Pre-Tax Turnaround

The key highlight of the quarter was a comprehensive reduction across primary operational cost blocks. Total expenses for the quarter fell to ₹54.70 lakh, marking a 9.77% reduction year-on-year from ₹60.62 lakh and an 18.69% drop sequentially against ₹67.27 lakh.

A closer look at the company's cost architecture reveals efficient controls:

Feed Charges: The largest cost line, feed transmission fees paid to main carriers, dropped to ₹20.95 lakh from ₹22.29 lakh in Q1 FY26.

Employee Benefits: Personnel outlays decreased significantly by 25.19% year-on-year to ₹8.64 lakh, down from ₹11.55 lakh.

Depreciation & Overhead: Non-cash depreciation fell marginally to ₹3.29 lakh, while alternative other operational overheads were reigned in at ₹15.75 lakh down from ₹17.10 lakh in the parallel year-ago period.

As a direct result of these savings outperforming top-line adjustments, Hathway Bhawani registered a structural Profit Before Exceptional Items and Tax of ₹11.78 lakh, completely reversing a operating loss of ₹4.98 lakh suffered in Q4 FY26.

Complete Bottom-Line Turnaround

Unlike previous reporting periods, the company reported no share of losses from joint ventures or capital asset impairment charges during the current three months. Consequently, the consolidated Profit Before Tax (PBT) finalized at ₹11.78 lakh, flashing a sharp turnaround from the heavy pre-tax loss of ₹17.79 lakh posted in the sequential March 2026 quarter.

With no provisions required for current corporate tax or deferred tax charges during the period, Hathway Bhawani locked in a Net Profit for the Period of ₹11.78 lakh for Q1 FY27. This represents a significant reversal from the net loss of ₹0.77 lakh suffered in Q1 FY26 and the net loss of ₹17.53 lakh logged in Q4 FY26.

Hathway Bhawani Net Profit Trajectory (₹ in Lakhs)

Q1 FY26: (0.77) █ (Net Loss)
Q4 FY26: (17.53) ███████████████ (Net Loss)
Q1 FY27: 11.78 ██████████ (Net Profit Turnaround)

Factoring in minor positive adjustments of ₹0.11 lakh from the remeasurement of defined benefit plans (net of tax), the company's Total Comprehensive Income finalized at ₹11.86 lakh.

Equity Structure and Per-Share Metrics

Reflecting the swing back to corporate profitability, the company's per-share indicators improved:

Earnings Per Share (EPS): Basic and diluted EPS for the quarter moved into positive territory at ₹0.15 per share on a face value of ₹10, up from a negative EPS of -₹0.01 in Q1 FY26 and -₹0.22 in Q4 FY26.

Capital Layout: The company's paid-up equity share capital remained completely unchanged at ₹810.00 lakh (comprising 8.1 million equity shares).

Accumulated Reserves: The company's overall alternative balance sheet capital layer remained impacted by past operational cycles, showing a negative other equity balance of -₹647.01 lakh at the close of the prior financial year baseline.

Shares of HATHWAY BHAWANI CABLETEL & DATACOM LTD. was last trading in BSE at Rs. 12.00 as compared to the previous close of Rs. 12.00. The total number of shares traded during the day was 200 in over 2 trades.

The stock hit an intraday high of Rs. 12.00 and intraday low of 12.00. The net turnover during the day was Rs. 2400.00.