Hathway Cable & Datacom Limited

Hathway Cable & Datacom Limited
PRESS RELEASE
STAND ALONE THIRD QUARTER ENDED DECEMBER 31, 2012 (UNAUDITED)
The Board of Directors of Hathway Cable and Datacom Limited (Hathway) (BSE:533162 NSE:
HATHWAY) in its meeting held on 07 th February 2013, had taken on record the unaudited standalone
financials for Q3 FY 13.
The financial statements taken on record by the Board are summarized below:
Standalone Statement of Accounts Q3FY13 (Unaudited)
Hathway Cable & Datacom Limited FY13 Q3 FY13 Q2 FY12 Q3 FY13 FY12
INR Mn 3 Month 9 Month
Income
Income from Operations 1,530 1,304 1,261 4,179 3,741
Other Operating Income 14 21 16 52 46
Total Income 1,544 1,325 1,277 4,231 3,787
Expenditure
Purchase of stock-in-trade 43 16 26 94 68
Employee Cost 108 107 98 317 307
Pay Channel Cost 430 390 355 1,209 1,048
Other Expenses 608 603 567 1,811 1,724
Total Expenditure 1,189 1,117 1,046 3,431 3,147
EBITDA before Other Income 355 208 230 801 640
EBITDA before Other Income Margin % 23% 16% 18% 19% 17%
Other Income 14 31 26 69 104
EBITDA before Other Income 368 238 257 869 745
EBITDA before Other Income Margin % 24% 18% 20% 20% 19%
Depreciation / Amortization / Impairment 286 262 280 785 797
Foreign Exchange Loss / (Gain) 15 (45) 9 16 13
Finance Cost 114 73 120 321 303
Exceptional Items 27 (40) 29 (7) 58
Prior Period Adjustment 0 5 2 5 8
PAT (74) (18) (183) (251) (434)
Notes to Financial Statement Q3 FY13 (Unaudited):
Income from operations mainly consists of Subscription Income from Cable TV and Broadband business, Carriage and
Placement Income, Advertisement Income, Activation Income from STB’s and other operating Income.
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Hathway | Rahejas, 4 th Floor, Main Avenue Road, Santacruz (W), Mumbai – 400 054, India.

Hathway Cable & Datacom Limited
Stand Alone Q3 FY 13 (Unaudited)
Standalone Operating Revenues for the Quarter ended 31 st December, 2012 at Rs 1,544 Mn. grew
sequentially by 17% over the preceding quarter. EBITDA at Rs 355 Mn. grew sequentially by 71%.
Year to Date Standalone Operating Revenues for the nine months ended 31 st December, 2012 at Rs 4,231
Mn grew sequentially by 12% and EBITDA at Rs 801 Mn by 25%.
Additionally, as per management estimates, Hathway's economic interest in the EBITDA of its’ several
Subsidiaries/JVs/Associate companies for the quarter under review, would aggregate to approximately
Rs. 145 Mn. Consequentially aggregate economic interest in EBITDA is estimated at Rs. 500 Mn.
DAS Update
Hathway has completed the roll out of DAS in the Phase I cities of Mumbai and Delhi. Additionally, the
Company has established it's presence in Kolkata. In Q3, 725k boxes were seeded all India. As of end
December 2012 the Company along with its' JV partners had cumulatively deployed ~1.9 Mn STBs in
these cities. With the mandate for Kolkata also setting in from Feb-13, the Company continues to witness
an acceleration in the demand for its’ DAS services in Kolkata. The Company expects to extend its’ reach
to over 2Mn digital subscribers in Mumbai, Delhi and Kolkata at the end of Phase I roll-out.
On a consolidated basis (including cities falling under Phase II, III and IV), Hathway, its’ subsidiaries and
JV partner’s have already seeded ~ 3.5Mn Digital STBs as of end December 2012. The company has
(inclusive of stocks in hand) adequately contracted for supply of STBs for Phase II cities such as
Bangalore, Hyderabad, Pune, Thane, Ahmedabad, Surat, Rajkot, Baroda, Aurangabad, NCR, Indore,
Bhopal, Jaipur etc. With a view to consolidating its operations the company increased its stake to 100% in
Hathway Bhaskar Multinet Pvt. Ltd. in Jan-13. Hathway Bhaskar is a key player in the cable television
markets in Central India.
The Task Force constituted by the TRAI has now started monitoring the progress towards Digitization in
Phase II with all stake holders on a weekly basis towards meeting the digitization schedule.
The Company has a significant presence in cities falling under Phase II. Hathway along with its JV
partners reaches over 65% of the cities forming part of this Phase. In gearing up for the second Phase of
DAS roll out all major contracts with Broadcasters for content and packaging are expected to be
concluded satisfactorily. Service Providers for Call Centers and SMS are already in place. The company
already provides HD channels as a Value Added Service.
The successful roll-out of DAS in Phase I is indicative of the faith that subscribers have placed on a tried
and tested platform - we anticipate that cable television will remain the first choice for a majority of
Indian households going forward.
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Hathway | Rahejas, 4 th Floor, Main Avenue Road, Santacruz (W), Mumbai – 400 054, India.

Hathway Cable & Datacom Limited
Broadband Update
Gross Additions to the Broadband subscriber base was around 18K for the quarter. The cumulative
subscriber base stood at ~414k. The Company continues to ramp up on its’ FOS for corporate / SME
sales. The Companies’ broadband service network now passes almost 1.5 Mn homes positioning it
uniquely among all MSOs and DTH service providers. With DAS being successfully implemented we
expect to increase our Broadband customer base with bundled schemes to be offered shortly at
competitive rates.
Caution Concerning Forward-Looking Statements:
This document includes certain forward-looking statements. These statements are based on management's
current expectations or beliefs, and are subject to uncertainty and changes in circumstances. Actual results
may vary materially from those expressed or implied by the statements
Hathway Cable & Datacom Limited is under no obligation to and expressly disclaims any such obligation
to, update or alter its forward-looking statements, whether as a result of new information, future events, or
otherwise.
About Hathway Cable & Datacom Limited
Hathway is a leading cable television services provider in India, as well as one of the leading cable
broadband services providers. We offer cable television services across 140 cities and towns and highspeed
cable broadband services across 20 cities. We have won a number of awards for our cable
television services such as being named "Best MSO" by the Indian Telly Awards Eight Times. Our
Company has established 20 digital head-ends in the country.
We hold a pan India ISP license and were the first cable television services provider to offer broadband
internet services. We are currently India’s largest cable broadband services provider, with approximately
1.5 million two-way broadband enabled homes passes, as on December 31, 2012. In addition to our cable
television and broadband service offerings, we also generate advertising and airtime revenue from
advertisements aired for and on behalf of channels owned by third parties, such as the Hathway music
channel.
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Hathway | Rahejas, 4 th Floor, Main Avenue Road, Santacruz (W), Mumbai – 400 054, India.