About Hathway Broadband Limited
Data last updated:
Hathway Broadband Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Hathway Cable And Datacom Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the isp and broadband services segment of the telecommunications sector. It was incorporated on 21 August 2014.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2014PLC257407.
The company had an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.5 Cr. It was formerly known as Hathway Broadband Private Limited. It was led by directors including Machara Rao Nunna and Manish Bothra.
Its last annual general meeting (AGM) was held on 23 August 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 805/806 Windsor 8th Floor Off Cst Road Kalina Santacruz East, Mumbai, Maharashtra, India – 400098.
As per the financials filed for FY 2021, the company reported a revenue of ₹18.68 Lakh, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹13.41 Lakh (net margin 71.8%) and EBITDA of ₹17.92 Lakh (EBITDA margin 95.9%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 5% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The last known website on record is hathway.com.
Company details
CIN history
Hathway Broadband has one previous CIN (Corporate Identification Number): U74999MH2014PTC257407. The current CIN is U74999MH2014PLC257407, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH2014PLC257407 | Current |
| U74999MH2014PTC257407 | Previous |
Contact details
Hathway Broadband Limited's registered office is in Mumbai, Maharashtra. Its website is hathway.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address805/806 Windsor 8th Floor Off Cst Road Kalina Santacruz East, Mumbai, Maharashtra, India – 400098
- IndustryTelecom, ISP & Broadband Services
To see the full contact details of Hathway Broadband Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Hathway Broadband is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities |
Financials of Hathway Broadband Limited
FY 2021 filings availableHathway Broadband Limited reported revenue of ₹18.68 Lakh (down 24% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 24% fall in the latest year. EBITDA fell 26% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹18.68 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹17.92 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.41 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 95.9% | ||||
| Net Profit Margin | 71.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Hathway Broadband Limited, buy the company report.
Board of directors of Hathway Broadband Limited
Hathway Broadband has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Machara Rao Nunna Also directs: Streamx Services (OPC) Private Limited | Director | 31 Aug 2019 | 7 Years 2 Months | As last reported |
| Manish Bothra | Director | 31 Aug 2019 | 7 Years 2 Months | As last reported |
| Ajay Singh | Director | 30 Mar 2018 | 8 Years 7 Months | As last reported |
Auditor
Hathway Broadband Limited is audited by G M KAPADIA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G M KAPADIA & CO | FY 2020 | 104767W |
Shareholding
The shareholding of Hathway Broadband Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Hathway Broadband Limited, buy the company report.
Legal cases
Hathway Broadband Limited has 1 court case on record: 1 filed by Hathway Broadband. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
To see the full case history of Hathway Broadband Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hathway Broadband Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Hathway Broadband Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Hathway Broadband Limited has 10 board changes on record since 2015: 3 appointments and 7 cessations. The latest: Machara Rao Nunna ceased to be Additional Director on 03 Sep 2020.
1 earlier event is in the company report.
News
Frequently asked questions
Hathway Broadband has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Hathway Broadband was a public limited company based in Mumbai, Maharashtra, India. The company worked in isp and broadband services, within the telecom industry. It was incorporated on 21 August 2014 and is registered under CIN U74999MH2014PLC257407. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Hathway Broadband was incorporated on 21 August 2014. It is registered with the Registrar of Companies, Mumbai.
Hathway Broadband had 3 directors:
- Machara Rao Nunna - Director
- Manish Bothra - Director
- Ajay Singh - Director
The CIN (Corporate Identification Number) of Hathway Broadband is U74999MH2014PLC257407. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Hathway Broadband is at 805806 Windsor 8th Floor Off Cst Road Kalina Santacruz East, Mumbai, Maharashtra, India – 400098.
Hathway Broadband can be reached through the website hathway.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Hathway Broadband on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 23 August 2021. Year-wise statements from 2015 are in the company report.
Hathway Broadband operated in the telecom industry, in the isp and broadband services segment.
Hathway Broadband has 1 court case on record: 1 filed by the company.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
