Hathway Cable & Datacom Ltd. · NSE:HATHWAY
Hathway Cable & Datacom — Q4 FY2019 Earnings Presentation
23 slides from Hathway Cable & Datacom's earnings presentation, Apr 15, 2019
Slide 1: Exchange filing cover letter
holhw(ij)y Date: April 15, 2019 To, To, SSE Limited National Stock Exchange of India Limited The Corporate Relationship Department, Listing Department P J Towers, Dalal Street, "Exchange Plaza" Mumbai - 400001 Sandra Kurla Complex SSE Security Code: 533162 Sandra (E), Mumbai - 400051 NSE Trading Sym
Slide 2: Investor Update – Q4-FY19
Hathway Cable and Datacom Limited Investor Update – Q4-FY19
Slide 3: 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 4: Company Overview
Company Overview • Hathway Cable and Datacom Limited (Hathway), is one of the largest Multi System Consolidated Revenue* (INR Mn) & Operator (MSO) & Cable Broadband service providers in India today. EBITDA Margin (%) 20,000 22.8% 30.0% • The company’s vision is to be a single point access provider,
Slide 5: Group Structure
Group Structure Broadband Business • Parent Company Hathway Cable & Datacom Limited CATV Business* • Hathway Digital Private Limited(HDPL) (100% Subsidiary) (HCDL) Strategic Investment • GTPL Hathway Limited# (37.32% Equity Holding) * CATV Business includes JVs/Associates/Subsidiaries * Demerger of
Slide 6: High Quality Infrastructure
High Quality Infrastructure Advanced technology and equipment provided by Leading Technology Vendors leading technology vendors STBs (SD & • Overground: 35,000 Kms HD) • Underground: 500 Kms Head-ends/ • Leased: 4,000 Kms Compression Optic Fibre Cable Network Modems • 6 Primary Headends and 7 Second
Slide 7: Growth Strategy
Growth Strategy Leverage Trendsetter in broadband and Differentiated broadband industry Cable Television Objective customer on speed, GBs, Price presence to give experience & Value For Money differentiated Build Value for all equation content, services and stakeholders in the applications Value chai
Slide 8: Financial Trends
Financial Trends FY19 performance (Consolidated) • Total Comprehensive Income (PAT) : INR (1,865) Mn; • Total Income: INR 16,192 Mn; Increase by 748 Mn Y-o-Y; Y-o-Y Growth: (+5%) • EBITDA : INR 3,697 Mn ; Increase by 243 Mn Y-o-Y, Y-o-Y Growth: (+7%) • EBITDA Margins : 22.8% Consolidated Revenue (
Slide 9: Hathway Cable and Datacom Ltd. (HCDL)
Hathway Cable and Datacom Ltd. (HCDL) Parent Company Broadband Business 8
Slide 10: HCDL – Q4-FY19 Standalone Key Highlights
HCDL – Q4-FY19 Standalone Key Highlights • 30k active paid consumers - Net adds on Q-o-Q basis with New customer ARPU of INR 685/- (Excluding Taxes) • FTTH markets leading growth in customers acquisition. With < 30 GB monthly usage consumers already churned to mobility in previous quarters, overall
Slide 11: HCDL – Q4-FY19 Standalone Key Highlights
HCDL – Q4-FY19 Standalone Key Highlights • Hathway launched Play box based on android platform in Chennai markets in Q4-FY19 and are getting a positive response from the market. Our 25% of new acquisitions are from Hathway Play Box in just 3 month of its launch providing impetus to our over all net
Slide 12: Bandwidth consumption (Mbps) per Subscriber
Bandwidth consumption (Mbps) per Subscriber 0.90 0.78 0.77 0.80 0.75 0.75 0.71 0.71 0.72 0.69 0.68 0.70 0.60 0.59 0.60 0.55 0.57 0.56 0.54 0.50 0.40 0.30 0.20 0.10 0.00 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 * In Mbps per Subscriber B
Slide 13: HCDL – Q4-FY19 KPI’s
HCDL – Q4-FY19 KPI’s Homes Passes (In Mn) Subscriber base (In Mn) 5.5 5.5 0.81 0.78 Q3-FY19 Q4-FY19 Q3-FY19 Q4-FY19 Revenue (INR In Mn) ARPU* (INR) 1,349 1,324 662 662 Q3-FY19 Q4-FY19 Q3-FY19 Q4-FY19 * ARPU is excluding taxes. 12
Slide 14: HCDL Income Statement
HCDL Income Statement Income statement (INR Mn) Q4-FY19 Q3-FY19 Q-o-Q Growth Q4-FY18 Y-o-Y Growth FY19 Subscription Broadband 1,324 1,349 -2% 1,457 -9% 5,276 Total Income 1,324 1,349 -2% 1,457 -9% 5,276 Operational Expenses 319 333 -4% 323 -1% 1,225 Employee Cost 130 136 -4% 111 17% 498 Other Expens
Slide 15: HCDL Balance Sheet
HCDL Balance Sheet Statement of Assets and Liabilities (INR Mn) Standalone As on Mar 2019 As on Mar 2018 1.Shareholder’s Funds a. Equity Share Capital 3,540 1,661 b. Other Equity 39,480 8,878 Sub Total – Shareholder’s funds 43,021 10,539 2. Non-current liabilities a. Borrowings 8,002 4,832 b. Other
Slide 16: Hathway Digital Pvt. Ltd. (HDPL)
Hathway Digital Pvt. Ltd. (HDPL) Wholly owned Subsidiary of HCDL CATV Business 15
Slide 17: HDPL – Q4-FY19 Standalone Key Highlights
HDPL – Q4-FY19 Standalone Key Highlights • Standalone Subscription Revenue increase by 7% to INR 1,627 Mn in Q4-FY19 from INR 1,526 Mn in Q4-FY18 • Standalone Operating EBITDA increased by 13% Q-oQ basis to INR 410 Mn in Q4-FY19 from INR 361 Mn in Q3-FY19 • Q4-FY19 Collection efficiency is at 99% •
Slide 18: HDPL – Q4-FY19 Standalone Key Highlights
HDPL – Q4-FY19 Standalone Key Highlights • Hathway Ultra Smart Hub – India’s First Hybrid TV previewed to selective opinion leaders, trade partners and Hathway Direct cable TV consumers • More than 95% of customers fully satisfied and consider this as revolution in TV viewing experience • Full scale
Slide 19: HDPL Income Statement
HDPL Income Statement Income statement (INR Mn) Q4-FY19 Q3-FY19 Q-o-Q Growth Q4-FY18 Y-o-Y Growth FY19 Subscription CATV 1,627 1,663 -2% 1,526 7% 6,524 Placement 572 791 -28% 748 -24% 2,877 Activation 157 160 -2% 227 -31% 659 Other operating income 61 64 -5% 44 38% 204 Total Income 2,417 2,678 -10%
Slide 20: Historical Financials
Historical Financials 19
Slide 21: Consolidated Balance Sheet
Consolidated Balance Sheet Statement of Assets and Liabilities (INR Mn) Consolidated As on Mar 2019 As on Mar 2018 As on Mar 2017 As on Mar 2016 1.Shareholder’s Funds a. Equity Share Capital 3,540 1,661 1,661 1,661 b. Other Equity 32,855 6,263 7,267 9,227 Sub Total – Shareholder’s funds 36,395 7,924
Slide 22: 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 23: Thank You
Thank You 22
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