Hathway Cable & Datacom Ltd. · NSE:HATHWAY
Hathway Cable & Datacom — Q2 FY2018 Earnings Presentation
24 slides from Hathway Cable & Datacom's earnings presentation, November 2017
Slide 1: Hathway Cable and Datacom Limited Investor Update – Q2-FY18
Hathway Cable and Datacom Limited Investor Update – Q2-FY18
Slide 2: Safe Harbour
Safe Harbour The information contained in this presentation is only current as of its date. All actions and statements made herein or otherwise shall be subject to the applicable laws and regulations as amended from time to time. There is no representation that all information relating to the contex
Slide 3: Company Overview
Company Overview • Hathway Cable & Datacom Limited (Hathway) promoted by Raheja Group, is one Consolidated Revenue* (INR Mn) & of the largest Multi System Operator (MSO) & Cable Broadband service providers in EBITDA Margin (%) India today. 14,000 16.2% 20.0% 13,000 15.0% • The company’s vision is to
Slide 4: Group Structure
Group Structure Broadband Business • Parent Company 100% FDI under Hathway Cable & automatic Datacom Limited CATV Business* • Hathway Digital Private Limited^ route in Cable (HCDL) and Broadcasting sector allowed with effect from December GTPL Hathway Limited# • Promoter company and owns 37.32% 2015
Slide 5: High Quality Infrastructure
High Quality Infrastructure Advanced technology and equipment provided by Leading Technology Vendors leading technology vendors STBs (SD & • Overground: 27,000 Kms HD) • Underground: 500 Kms Head-ends/ • Leased: 4,000 Kms Compression Optic Fibre Cable Network Modems • 6 Primary Headends and 7 Second
Slide 6: Growth Strategy
Growth Strategy Leverage Trendsetter in broadband and Pay Differentiated broadband industry TV presence to give Objective customer on speed, GBs, Price differentiated experience & Value For Money content, services and Build Value for all equation applications stakeholders in the Value chain Increase
Slide 7: Hathway Cable and Datacom Ltd. (HCDL)
Hathway Cable and Datacom Ltd. (HCDL) Parent Company Broadband Business 7
Slide 8: HCDL – Q2-FY18 Standalone Key Highlights
HCDL – Q2-FY18 Standalone Key Highlights • Continuous focus on network expansion, Homes Passes figure reached 4.8 Mn. • 30K Net adds in Q2-FY18 with acquisition ARPU of INR 770 (Excluding taxes). • Normalization of consumers ARPU due to increase in higher pay term plans. Increased consumers stickine
Slide 9: HCDL – Q2-FY18 Standalone Key Highlights
HCDL – Q2-FY18 Standalone Key Highlights • In Partnership with Microsoft 1 TB cloud storage being given free to all yearly pay term consumers. • Docsis 3.0 technology to Docsis 3.1 technology upgradation work in progress to further enhance customer experience. Docsis 3.1 is the latest global technol
Slide 10: HCDL – Q2-FY18 KPI's
HCDL – Q2-FY18 KPI’s Homes Passes (In Mn) Subscriber base (In Mn) 4.6 4.8 3.9 0.70 0.66 0.63 Q2-FY17 Q1-FY18 Q2-FY18 Q2-FY17 Q1-FY18 Q2-FY18 Revenue (INR In Mn) ARPU* (INR) 740 730 1,312 717 1,290 1,203 Q2-FY17 Q1-FY18 Q2-FY18 Q2-FY17 Q1-FY18 Q2-FY18 * ARPU is excluding taxes. 10
Slide 11: Quarterly HCDL Income Statement
Quarterly HCDL Income Statement Income statement (INR Mn) Q2-FY18 Q1-FY18 Q-o-Q Growth H1-FY18 Subscription Broadband 1,311 1,290 2% 2,601 Other Non operational income# 59 9 556% 68 Total Income 1,370 1,299 5% 2,669 Employee Cost 105 89 18% 194 Other Expenses 667 710 -6% 1,377 Total Expenditure 772
Slide 12: Half Yearly HCDL Balance Sheet
Half Yearly HCDL Balance Sheet Statement of Assets and Liabilities (INR Mn) Standalone As on 30.09.17 As on 31.03.17 1.Shareholder’s Funds a. Equity Share Capital 1,661 1,661 b. Other Equity 8,528 8,114 Sub Total – Shareholder’s funds 10,189 9,775 2. Non-current liabilities a. Borrowings 5,451 5,862
Slide 13: Hathway Digital Pvt. Ltd. (HDPL)
Hathway Digital Pvt. Ltd. (HDPL) Wholly owned Subsidiary of HCDL CATV Business 13
Slide 14: HDPL – Q2-FY18 Standalone Key Highlights
HDPL – Q2-FY18 Standalone Key Highlights • Subscription revenues has grown QoQ by 6%. • EBITDA has grown 20% QoQ driven by a strong revenue growth and stability in costs. • Collections have grown 10% QoQ and 18% YoY signaling strong improvement in rates and efficiency. SP segment contributed signifi
Slide 15: HDPL – Q2-FY18 Consolidated KPI's
HDPL – Q2-FY18 Consolidated KPI’s CATV Universe and Boxes Seeded* (In Mn) Phase wise Boxes Seeded*# (In Mn) 7.6 7.5 7.5 7.5 Phase I Phase II Phase III Phase IV 7.4 7.2 7.2 3.3 7.2 2.7 7 2.4 2.3 2.3 2.4 6.8 6.7 1.6 1.6 1.6 6.6 0.9 6.4 6.2 Q2-FY17 Q1-FY18 Q2-FY18 Q2-FY17 Q1-FY18 Q2-FY18 Universe Boxes
Slide 16: Quarterly HDPL Income Statement
Quarterly HDPL Income Statement Q-o-Q Income statement (INR Mn) Q2-FY18 Q1-FY18 H1-FY18 Growth Subscription CATV 1,401 1,325 6% 2,726 Placement 740 702 5% 1,442 Activation 258 242 7% 500 Other operating income 50 96 -48% 146 Total Income 2,449 2,365 4% 4,814 Pay Channel Cost 1,385 1,352 2% 2,737 Emp
Slide 17: Financials FY16 & FY17
Financials FY16 & FY17 17
Slide 18: FY17 Financial Highlights
FY17 Financial Highlights Income statement (INR Mn) FY17 FY16 Y-o-Y FY17 FY16 Y-o-Y Standalone Consolidated CATV Subscription 4,515 3,842 17.5% 4,728 3,804 24.3% Broadband Revenue 4,803 3,066 56.6% 4,955 3,234 53.2% Placement 2,714 3,220 -15.7% 2,725 3,220 -15.4% Activation 825 618 33.5% 825 834 -1.
Slide 19: FY17 Financial Highlights
FY17 Financial Highlights Statement of Assets and Liabilities (INR Mn) Standalone Consolidated FY17 FY16 FY17 FY16 A. Equity and Liabilities 1.Shareholder’s Funds a. Share Capital 1,661 1,661 1,661 1,661 b. Reserves and Surplus 8,114 9,652 7,293 9,227 Sub Total – Shareholder’s funds 9,775 11,313 8,9
Slide 20: Historical Financial Charts
Historical Financial Charts Standalone Revenue (INR Mn) Standalone EBIDTA & Margins (INR Mn) Consolidated Revenue (INR Mn) iGAAP IND-As iGAAP IND-As iGAAP IND-As 27.3% 13,305 18,587 11,209 17.1% 19.6% 15,934 10,381 19.4% 9,878 13,682 14.8% 11,482 11,550 6,678 1,822 1,913 1,540 1,920 2,604 FY13 FY14
Slide 21: Capital Market Information
Capital Market Information Share Price Performance 60.0% Hathway BSE Sensex 50.0% 40.0% 30.0% 20.0% 10.0% 0.0% -10.0% -20.0% Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Price Data (30th SEPTEMBER, 2017) INR Shareholding Pattern (30th September, 2017) Face Valu
Slide 22: Earnings Concall Details
Earnings Concall Details hathw@y @icic1 Securities is pleased to invite you to the Q2FY18 Results Conference Call of Hathway Cable & Datacom Ltd. Represented by Mr. Rajan G upta — MD Mr. Vineet Garg — CFO Mr. Rajaraman Sundaram - COO, Video Business on Friday, November 3, 2017 16:00 hrs India Time C
Slide 23: Disclaimer
Disclaimer Hathway Cable and Datacom Ltd Disclaimer: The information contained in this presentation is only current as of its date. All actions and statements made herein or otherwise shall be subject to the applicable laws and regulations as amended from time to time. There is no representation tha
Slide 24: Thank You
Thank You 24
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