Share of Hathway Cable and Datacom Ltd is currently trading at around Rs.14/-Existing as well as Prospective Investors are asking for Hathway Cable Share Price Targets for 2025,2030,2035 & 2040. In this article, we will discuss about the business prospects and financial performance of the Company and based on our discussion and analysis will tell you about the Hathway Cable Share Price Targets for 2025,2030,2035 and 2040
Discussion & Analysis of Business & Financial performance with future business prospects of Hathway Cable and Datacom Ltd:
Hathway Cable and Datacom Ltd, a prominent player in India’s cable television and broadband sectors, has experienced mixed financial performance in recent quarters.
Recent Financial Performance
In the second quarter ending September 30, 2024, Hathway reported a net profit of ₹25.8 crore, marking a 28.4% increase from ₹20.1 crore in the same period the previous year. Revenue from operations grew by 6% to ₹512.7 crore, up from ₹484.8 crore year-on-year. However, the EBITDA margin slightly declined to 16.8% from 17.1% in the prior year, indicating increased operational costs.
The third quarter of FY25 showed a modest revenue increase of 1.3% year-on-year, reaching ₹511.15 crore. Despite this, net profit experienced a significant decline of 39%, falling to ₹13.64 crore from ₹22.35 crore in the same quarter the previous year. This decrease was attributed to rising expenses, particularly in pay channel costs, which increased to ₹249.29 crore from ₹236.57 crore year-on-year
In the fourth quarter ending March 31, 2024, the company reported a net profit of ₹34.57 crore, a notable improvement from a net loss of ₹14.61 crore in the same period the previous year. Consolidated revenue from operations also increased to ₹493.37 crore, up from ₹459.59 crore year-on-year.
For the full fiscal year 2024, Hathway’s consolidated net profit stood at ₹99.29 crore, up from ₹65.37 crore in the previous fiscal year. Consolidated revenue from operations reached ₹1,980.97 crore, compared to ₹1,858.44 crore in FY23, reflecting a growth trajectory.
Business Operations and Strategy
Hathway has been focusing on enhancing its broadband services by leveraging Fiber-to-the-Home (FTTH) technology. As of March 31, 2024, the company served 1.1 million wireline broadband subscribers. The average monthly data usage per FTTH customer exceeded 346 GB, indicating robust engagement. Initiatives such as the adoption of dual-band routers with advanced band steering technology and AI-driven automation for customer support have been implemented to improve service quality and operational efficiency.
Market Perception and Future Prospects
Despite these operational advancements, market analysts have expressed concerns regarding Hathway’s management efficiency and profitability. In September 2024, MarketsMojo downgraded the company’s stock to a ‘Sell’ rating, citing poor management efficiency, stagnant long-term growth, and negative operating profits. Technical indicators also suggested a bearish outlook for the stock.
Looking ahead, Hathway’s future business prospects hinge on its ability to navigate the competitive landscape of the cable and broadband industry. The company’s focus on technological enhancements and customer-centric strategies positions it well to capitalize on the growing demand for high-speed internet services. However, addressing operational inefficiencies and improving profitability will be crucial for sustaining long-term growth and enhancing shareholder value.
In summary, while Hathway Cable and Datacom Ltd has demonstrated revenue growth and strategic initiatives in the broadband sector, challenges related to profitability and management efficiency remain. The company’s success in mitigating these issues will significantly influence its future business prospects.
Share Price Targets:
Hathway Cable Share Price Target 2025
Based on the above discussion and analysis, the share price of Hathway Cable and Datacom Ltd is likely to touch the level of around Rs.16-18 in 2025
Hathway Cable Share Price Target 2030
Based on the above discussion and analysis, the share price of Hathway Cable and Datacom Ltd is likely to touch the level of around Rs.30-35 in 2030
Hathway Cable Share Price Target 2035
Based on the above discussion and analysis, the share price of Hathway Cable and Datacom Ltd is likely to touch the level of around Rs.55-60 in 2035
Hathway Cable Share Price Target 2040
Based on the above discussion and analysis, the share price of Hathway Cable and Datacom Ltd is likely to touch the level of around Rs.100-120 in 2040
Disclaimer: Investments in Capital Market/Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general Guidance & Educational purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
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