About Hathway MCN Private Limited
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Hathway MCN Private Limited is a private limited company based in Aurangabad, Maharashtra, India, a subsidiary of Hathway Cable And Datacom Limited. It operates in the cable tv and dth services segment of the media and publishing sector. It was incorporated on 19 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U92130MH2005PTC152694. Its GSTIN is 27AAECM3219N1Z8 (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.89 Cr. It was formerly known as Marathwada Cable Network Private Limited. It is led by directors including Ranjeet Padmakar Mulay and Shyam Puthen Veetil.
Its last annual general meeting (AGM) was held on 26 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 310/311 Akshaydeep Plazatown Centre Cidco Jalna Road, Aurangabad, Maharashtra, India – 431005.
As per the financials filed for FY 2026, the company reported a revenue of ₹15.68 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹13.24 Lakh (net margin 0.8%) and EBITDA of ₹1.1 Cr (EBITDA margin 7%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 9% over five years.
The company has about 37 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hathway Cable & Datacom. As per MCA filings, the company has open charges of ₹2.49 Lakh and satisfied charges of ₹4.98 Cr on record. Court records list 8 cases involving the company, including 6 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hathway.net.
Company details
Contact details
Hathway MCN Private Limited's registered office is in Aurangabad, Maharashtra. Its website is hathway.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address310/311 Akshaydeep Plazatown Centre Cidco Jalna Road, Aurangabad, Maharashtra, India – 431005
- IndustryMedia and Publishing, Cable TV & DTH Services
To see the full contact details of Hathway MCN Private 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
Brands
Hathway MCN operates one associated brand: Hathway Cable & Datacom. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Internet and cable TV services are provided via broadband networks. | hathway.com |
Business activity
The main business activity of Hathway MCN is information and communication. In detail, this covers broadcasting and programming activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J4 | Broadcasting and programming activities |
To see the full business activity and turnover split of Hathway MCN Private Limited, buy the company report.
Financials of Hathway MCN Private Limited
FY 2025 filings availableHathway MCN Private Limited reported revenue of ₹15.68 Cr (down 11% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 11% fall in the latest year. EBITDA rose 295% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹1.1 Cr | ||||
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| Net Profit (PAT) | ₹13.24 Lakh | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | |||||
| EBITDA Margin | 7% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of Hathway MCN Private Limited, buy the company report.
Board of directors of Hathway MCN Private Limited
Hathway MCN has 7 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ranjeet Padmakar Mulay Also directs: MCN Telemedia Private Limited, 7Star MCN Broadband Private Limited, Hathway Latur MCN Cable & Datacom Private Limited and 5 more | Director | 19 Apr 2005 | 21 Years 6 Months | Current |
| Shyam Puthen Veetil | Director | 05 Aug 2015 | 11 Years 2 Months | Current |
| Virendrasingh Uttamsingh Pawar Also directs: MCN Telemedia Private Limited, Indraraj Plasto Packs Private Limited, Ajayveeru Productions Private Limited and 5 more | Director | 19 Apr 2005 | 21 Years 6 Months | Current |
| Ritesh Kishorkumar Vakharia | Director | 23 May 2022 | 4 Years 5 Months | Current |
| Dulal Banerjee Also directs: Hathway SS Cable & Datacom LLP, Hathway Digital Limited | Director | 20 Jun 2014 | 12 Years 4 Months | Current |
| Vatan Kalmuddin Pathan | Director | 16 Feb 2017 | 9 Years 8 Months | Current |
Peer comparison
Hathway MCN Private Limited is compared with the 4 companies closest to it by revenue in the Media and Publishing industry (Cable Television and DTH), with the same principal business activity (broadcasting and programming activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fastway Aerospace Private Limited | ₹18.96 Cr (FY 2024) | -24.0% | Ludhiana, Punjab, India | |||
| Den New Broad Communication Private Limited | ₹18.93 Cr (FY 2025) | -7.0% | Kalyan, Maharashtra, India | |||
| GTPL SPN Digital Network Private Limited | ₹17.85 Cr (FY 2025) | 0.0% | Ahmedabad, Gujarat, India | |||
| CCN Digital Private Limited | ₹16.08 Cr (FY 2024) | -10.0% | New Delhi, Delhi, India | |||
| Hathway MCN Private Limitedthis company | ₹15.68 Cr (FY 2026) | ₹13.24 Lakh | 0.8% | -11.0% | 37 | Aurangabad, Maharashtra, India |
To see the full peer comparison of Hathway MCN Private Limited, buy the company report.
Auditor
Hathway MCN Private Limited is audited by V. D. Abhyankar & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V. D. Abhyankar & Associates | FY 2023 | 117896W |
Shareholding
The shareholding of Hathway MCN Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Hathway MCN Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Mar 2010 | 10210861 | The Saraswat Co-Operative Bank Ltd | ₹2.49 Lakh | Open | |
| 11 Nov 2009 | 10188284 | Axis Bank Limited | ₹3.1 Cr | Satisfied | |
| 29 Aug 2006 | 10018804 | The Saraswat Co-Op. Bank Ltd. Khadkeshwar Branch | ₹1 Cr | Satisfied | |
| 05 May 2006 | 10008711 | The Saraswat Co-Op. Bank Ltd. Khadkeshwar Branch | ₹28 Lakh | Satisfied | |
| 13 Sep 2005 | 80024904 | Saraswat Co-Op. Bank Ltd | ₹60 Lakh | Satisfied |
To see the full charge records of Hathway MCN Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Hathway MCN Private Limited has 8 court cases on record: 6 filed by Hathway MCN, 2 filed against it. 1 case is pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 0 | 1 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Aurangabad, Maharashtra | Court case (R.C.C.) | Filed against the company by Novex Communications Pvt Ltd | Disposed |
| Bombay High Court | Appeal | Filed by the company against an individual | Pending |
| District court, Aurangabad, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Aurangabad Municipal Corporation Through Commissioner and Another and 1 other | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The State of Maharashtra and Others | Disposed |
To see the full case history of Hathway MCN Private 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 MCN Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hathway MCN Private Limited has a workforce of 37 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Hathway MCN has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM3219N1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hathway MCN Private Limited, buy the company report.
Recent activity
Hathway MCN Private Limited has 27 board changes on record since 2005: 7 appointments and 20 cessations. The latest: Ritesh Kishorkumar Vakharia ceased to be Additional Director on 16 Jun 2022.
29 earlier events are in the company report.
Frequently asked questions
Hathway MCN is an active private limited company based in Aurangabad, Maharashtra, India. The company works in cable tv and dth services, within the media and publishing industry. It was incorporated on 19 April 2005 (21+ years old) and is registered under CIN U92130MH2005PTC152694.
Hathway MCN has 7 current directors:
- Ranjeet Padmakar Mulay - Director
- Shyam Puthen Veetil - Director
- Virendrasingh Uttamsingh Pawar - Director
- Ritesh Kishorkumar Vakharia - Director
- Dulal Banerjee - Director
- Vatan Kalmuddin Pathan - Director
- Nitin Shrikrishna Bagwe - Director
The latest financial statements of Hathway MCN on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Hathway MCN is 27AAECM3219N1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Hathway MCN is U92130MH2005PTC152694. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hathway MCN has 8 court cases on record: 6 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Hathway MCN was incorporated on 19 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Hathway MCN by revenue are Fastway Aerospace Private Limited, Den New Broad Communication Private Limited, GTPL SPN Digital Network Private Limited, CCN Digital Private Limited, all in the Media and Publishing industry (Cable Television and DTH), with the same principal business activity (broadcasting and programming activities).
Ritesh Kishorkumar Vakharia ceased to be Additional Director on 16 Jun 2022. Ritesh Kishorkumar Vakharia was appointed as Director on 23 May 2022. Ranjeet Padmakar Mulay ceased to be Whole-Time Director on 01 Apr 2022. Hathway MCN has 27 board changes on record in total.
Hathway MCN can be reached through the website hathway.net. Its registered office is in Aurangabad, Maharashtra, India.
The registered office of Hathway MCN is at 310311 Akshaydeep Plazatown Centre Cidco Jalna Road, Aurangabad, Maharashtra, India – 431005.
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