Hathway Cable & Datacom stock (NSE: HATHWAY / BSE: 533162) was trading around ₹11.66–₹11.68 on 11 Feb 2026. The 52-week range has been roughly ₹9.91 (low) to about ₹17.98 (high).
Company Overview & Business Model
Hathway Cable & Datacom Ltd (HCDL) is an Indian media & telecom service provider that delivers cable TV and broadband connectivity across several cities. It has a deep legacy dating back to 1959 and serves millions of households with fixed-line broadband and CATV services. Its business primarily earns revenue from subscriber fees and digital services to consumers and businesses.
Why Investors Are Tracking Hathway Cable & Datacom Stock
- Affordable share price — attracts value investors and small-cap stock pickers.
- Telecom & broadband growth theme — demand for internet services rising in India.
- Low valuation metrics like Price-to-Book ratio below 1 historically and modest earnings.
- Past volatility creates opportunities for longer-term plays at depressed valuations.
Fundamental Analysis
Growth & Revenue: Hathway has seen revenue stability, but profit growth remains modest compared with larger telecom peers.
Profitability: Earnings per share are low, and margins are thin relative to larger rivals. This reflects competitive pricing in broadband services.
Valuation: Price-to-Book and P/E ratios indicate value relative to prospects, though lack of strong earnings growth pulls valuations down.
Competition: Competes with big telecom players like JioFiber, Airtel Xstream, and other regional ISPs — making market share gains challenging.
Debt: The company’s balance sheet shows limited leverage relative to revenue, helping reduce financial risk.
Hathway Cable & Datacom Share Price Target (Year-Wise)
Below are estimated outlook ranges based on growth potential, business stability, competitive landscape, and broader telecom sector trends. These targets are not predictions but educational guides for long-term investment scenarios.
2026 Target (Near-Term Consolidation)
- Reasoning: Post-pandemic broadband demand stabilizes; modest subscriber growth.
- Target Range: ₹13 – ₹16
- Focus: A recovery from swing lows with better cash flows supporting mild valuation uplift.
2027 Target (Moderate Growth Phase)
- Reasoning: If digital data adoption deepens and retention improves, revenue can stabilize.
- Target Range: ₹17 – ₹21
- Focus: Medium-term investors may see value if earnings stay positive.
2028 Target (Expansion Potential)
- Reasoning: Rising internet penetration + consumer upgrades to higher plans.
- Target Range: ₹22 – ₹27
- Focus: Reflects forward consensus on broadband growth and potential margin improvement.
2030 Target (Decadal Maturity)
- Reasoning: Broader digital ecosystem supports fixed broadband demand.
- Target Range: ₹30 – ₹38
- Focus: Long-term network investment payoffs and deeper market integration.
2040 Target (Long-Term Structural Position)
- Reasoning: By 2040, the broadband market matures; Hathway’s scale could benefit but competition remains intense.
- Target Range: ₹45 – ₹60
- Focus: Structural growth, strong consumer staples demand, network leverage.
2050 Target (Ultra-Long Horizon)
- Reasoning: Radical market shifts (e.g., new tech like AI & next-gen connectivity) could emerge, but legacy cable businesses would likely have transformed.
- Target Range: ₹75 – ₹100+
- Focus: This is extremely long-term and highly speculative—best suited for very long-term fundamental believers.
Share Price Target Table
| Year | Target Range (₹) | Rationale |
|---|---|---|
| 2026 | 13–16 | Near-term recovery |
| 2027 | 17–21 | Moderate growth |
| 2028 | 22–27 | Expansion phase |
| 2030 | 30–38 | Decadal maturity |
| 2040 | 45–60 | Structural long-term growth |
| 2050 | 75–100+ | Ultra long horizon |
Future Growth Drivers & Long-Term Outlook
1. Broadband Adoption: Demand for high-speed internet will keep rising across urban and semi-urban India.
2. OTT Consumption: Cable and broadband synergy with OTT trends could add sticky revenue streams.
3. Network Enhancements: Fiber upgrades and digital platforms can attract higher ARPU customers.
Risk Factors
- Intense competition: From telecom giants with deeper pockets.
- Thin margins: Limited pricing power may restrict profitability expansion.
- Regulatory changes: Telecom policy or licensing shifts could impact operations.
- Technology disruption: Wireless broadband and satellite internet could alter industry dynamics.
FAQ (Frequently Asked Questions)
Q: Is Hathway a good long-term investment?
A: It can be considered for value-oriented long-term portfolios, but it’s not suitable for short-term traders due to inherent volatility and competition.
Q: Will this stock pay dividends?
A: Hathway historically hasn’t maintained a regular dividend track record.
Q: How should I compare Hathway?
A: Compare with other broadband and telecom peers on revenue growth, EBITDA margins, and subscriber trends before investing.
DISCLAIMER
This article is for educational purposes only and is not investment advice. I am not SEBI-registered. Stock markets involve risk, and you should consult a certified financial advisor before making any investment decisions.
