G.

M.

KAPADIA

&

CO.

(REGISTERED)
CHARTERED
1007,

RAHEJA

CHAMBERS,

PHONE:

ACCOUNTANTS

213, NARIMAN

(91-22) 6611 6611

POINT,

FAX:

MUMBAI

400 021.

INDIA

(91-22) 6611 6600

LIMITED REVIEW REPORT ON THE UNAUDITED STANDALONE FINANCIAL

RESULTS FOR THE QUARTER AND NINE MONTHS ENDED ON DECEMBER 31,2014

To the Board of Directors

Hathway Bhawani Cabletel and Datacom Limited
I. We have reviewed the accompanying statement of unaudited standalone financial results
of Hathway Bhawani Cabletel and Datacom Limited ('the Company') for the quarter
and nine months ended on December 31, 2014 except for the disclosures regarding
'Public Shareholding' and 'Promoter and Promoter Group Shareholding'
been traced from disclosures

which have

made by the management to the stock exchanges and

have not been reviewed by us. This statement is the responsibility of the Company's
Management and has been approved by the Board of Directors. Our responsibility is to
issue a report on these financial results based on our review.
2. We conducted our review in accordance with the Standard on Review Engagement (SRE)
2410, "Review of Interim Financial Information Performed by the Independent Auditor of
the Entity" issued by the Institute of Chartered Accountants of India. This standard
requires that we plan and perform the review to obtain moderate assurance as to whether
the fmancial statements are free of material misstatement. A review is limited primarily to
inquiries of Company personnel and analytical procedures applied to financial data and
thus provide less assurance than an audit. We have not performed an audit and
accordingly, we do not express an audit opinion.
3. Based on our review conducted as above, nothing has come to our attention that causes us
to believe that the accompanying statement of unaudited standalone financial results
prepared in accordance with the Accounting Standards notified under the Companies Act,
1956 which were deemed to be applicable as per Section 133 of the Companies Act,
2013, read with Rule 7 of the Companies (Accounts) Rules, 2014 and other recognised
accounting practices and policies has not disclosed the information required to be
disclosed in terms of Clause 41 of the Listing Agreement including the manner in which
it is to be disclosed, or that it contains any material misstatement.

4. Emphasis of Matter
Without qualifying our observations, we invite attention
-to note no. 3 to the unaudited standalone financial results in respect of basis of
recognition

of income

from operations

under regulation

relating

to Digital

Addressable

System. The management has represented that they are certain of

realising the income recognised and hence, no adjustment has been made to such
estimated income; and

Place: Mumbai
Date: February 12, 2015

HATHWAV BHAWANI CABLETEL & DATACOM LIMITED

OfflcB : "RIIhBjas", 4th Floor. Comer of Main Avenue & V.P. Road,
Santacruz (Weal). Mumbal - 400 054
CIN: L65910MHl984PLC034514
Tel No: 022 26001306; Fax: 022 26001307: email: investors.bhawaniOhathway.net
Registered

a--

PART I
UNAUDITED FINANCIAL RESULTS

FOR THE QUARTER AND MNE MONTHS ENDED 0

Thnoe mon1ha
ended

Partlcu-'

PrecBBdIng Three
mon1ha EndBd

December 31, 2014

(Unaudited)
1. (a) Net SaJeoIIncoma

from ()peqUona

Total
2. Expencrdure
a. Purchaae 01 Traded goods
b. Chenga In Inventory of SIllck In Trede
c. EmpIoyeas coal
d. 0eprecla6on
B. PeyChannel Cosl
f. Other ExpendiUe
T_

2
5harehokIng
8) Pledged I Encumbered
- NLITIber of sh.-ea
Percentage
01 s/w'es (_ a % of IhB
Promoter And Promoter gaup)
- Pan:enIe9B 01 sheres (as 8 % 01 thB
of the Compeny
b) Non-encumb8red
Number 01 sh .
- Percanlage
01 shares (_ 8 % of the
Promoter And Promoter group)
- Percentage
01 shares (as a % of the
01 the Compeny

1,127.94

1,132.09

1,537.53

1127.114

1132.09

1537.53

0.88
1.14
32.91
19.88
155.94
240.50

3.81
(2.81)
41.75
24.05
182.28
200.84

0.68
0.74
47.95
19.48
202.03
164.06

451.23

429.90

434.82

(92.53)

(49.78)

(93.21)

(204.38)

(239.10)

(341.96)

1.78
19O.77l
5.51
198.28\

1J1Il
47.871
5.38
5323\

1.78
191.43
0.93
192.38

5-34

1215.30

r.94
1231.18
2.38
1233.54

10.69
1331.28
3.09
1334.35

.
-.

53.23
13.09
(50.14)

103.39
1.29
(102.10)

50.14
810.00

600.00

198.05
810.00

102.10

(0.87)

134.05
1269.19
13.40
(285,79)
0

134.05
1:wl.27

1211.85
810.00

1285.79
600.00

1,ow;.42
800.00

(3.32)

(4.57)

(3.32)

(4.57)

2,912,644
38.41

2,912,644
38.41

(1.19)

(0.82)

(1.28)

(2.81)

AND HALF YEAR ENDED

2.912,644
38.41

3.85
(385.42)

(1.28)

1879.48

(1.60)

(0.82)

2,911.543
35.94

4.90
(0.87)
183.12
78.13
735.18
878.82

(29.98)
25.00
1210.34
1.31
(211.85)
0

(1.19)

FOR THE QIIARTFR

1371.19

1199.02
18.28

(2.81)

DECEMBER

2,911,543
35.94

1824.97

31 2014

capital
0
5.188,457

lIII8I ahareholdin9

0
5,188,457

0
5.087,358

0
5.188.457

0
5.067.358

O
5,067.358

of
100

100

100

100

100

100

84.06

84.06

83.59

64.06

83.59

83.59

capital

COMPLAINTS

Pandng 81 the beginning 01 the quarter

Received during the quarter
Dlspoaed 01 dUring the quarter
R_ln/ng
wvesoIved at the _
of the qulll1er

1332.30

(1.10)

19.93

2.15
0.84
138.14
58.79
848.80
528.87

4.49
(1.29)
124.53
83.85
480.45
880.47

01

B INVESTOR

198.28
0.23
(98.05)

lIII8I share

31, 2014

(Audited

(Unaudltad)

341.61

IoIaIshara

(Unaudited)

341.61

2.911,543
35.94

IoIaI sharehoIdinll

w.dt

~31.2013

~31.2014

380.14

INFOR !AnON

31. 2013

Unaudltedl

380.14

_IILoss_
finance coat & F~
iiams 3+4\
Inleresl
pmfit/(LoaalBfter finance coal but before ExC8OlJonalItems 15-6\
ExceDlIonaI
e. Prior Period AdjuaImBnts
b. Change In method 01 Depreciation ( Reier Nola 5)
c. ProvIsion for DoomIfuI Advancea I_
9. ProIIt 1+V Loaa IAclIviIiel before tax 17+81
10.Tu_
11. Net Profll (+) I Loaa (-) OnInary AdIvIUes after tax (9-10)
12.
ftern inetoll8x
exoenH Rs. NI \
13. Nat ProIItI+V Loaa 10 for the Period 111-121
14. Pald-Uo EoulIv share Clmilal F_Valua
RA.10115. Reaerve exctIdlng Ravaluatlon R-.ves
as par balance
sheet 01 orevIous a
18. Eaming Per Share (EPS)
a. Basic and dluted EPS bafore extraordinary items for the
period,for the year to dele and for the previous year
(not to be annueJIsed)
b. Basic end diluted EPS efter exltaordInary Items for thB
period,for the year 10 date end for the previous year
,not to be annuallsedl
SELECT

December

Prevloua VB'"
Ended

358.70

4.
5.
8.
7.
8.

PARTICULARS OF SHAREHOLDING
Pubic shatehoIdIng
Number of s/w'es
Percen_
01 sh8rehoIdIna

(Unaudited

pelIod

358.70

3. ProIltI(Loaa)from
Oparallons befcre other Inc:ome,
finance ooal & ExceaIIonalItBma
112\

A.
1

3D, 2014

8epIImber

Corresponding
three mon1ha
endBdinlhe
lII'BIIIousVear

(Rs.1n Lakhs)
V__

EMBER 31. 2014

V_IoDate
Fig\lre for the
~forthe
prevlous
cunw1l period
ended
ended

NI
NI
NI
NI

2. The Compeny Is a MuI1ISyelem Operetor Providing C8ble Television _

only reportebIe "'9'lent. The compeny's -.tJons
are besed In Incle.

Services, Inlemet Services end lied serviCes which is coneldered

as the

Addnlsseble Syetem In the dtiee covered under phese I & II asper TRAI noIilicellon with effect from NlI'I8mber 1,2012 end
3. In view 01 inlroducIIan 01 ~
AprIl, 2013 respecllvely,the Compeny In the proc_ offtnellzlng the hsh terms with LeOs IhIough wham ceble television.."...
are rendered.Pendng
fInaIizaIion of such docu1wIta; the management has on coneervativa estimate recognized activellon fees and eubscription Inccme, whlch are based on ongoing
dIscusslan with LCOs. marbt trend and also conelderlng the coIection made III dale. The managemanl has reeeonable cerlU1ly of coIecting the amount
recO\JlIzedas Income.
4.'WIth the Implementation 01 the Schedule II 01 the Companies Acl2013 from IstAprI.2014,the company has changed the method of depraclation as agUlst
the_
down valuemethocl at the rates speclfted In SchecIuteXlV 01 the Companies Act, 1958. es a resull ofwhich aurpIus amounting to Rs. 29.981a1dls
arising from reIroepective compuIaIlon is accounted and cIscfosed under Excepllonalllems. Hed the company continued to use the eaJlIerpolicy of depraclation,
the debit to the _I
01 profil and loss after tax fer lIIe currant period (V_to
elate)would have been lower by Ra.5.35Iakhs. And fer the curren! ..would have been lower by 1.581akhs.
Furlherbased on transIllonaI provision provided in Note 7(b) of Schedule lito he Act.an amount of Ra.ll.47 Lakhs (net of deferred tax) has been adjusled with
retained eemlngs In reopect "'assets having no usaful. aa on the eIlective date.
5. Dt.dng previous quarter, the c:ampany had iIlsued and aIIoted 1,00.000 equity shares on September 18, 2014 for a convarslon of outstanding dues at Rs.l1/
(lncludilg premium of Ra.l per share) aggnsgaIIng to Ra. 11 lakhs by way of preterenlial allotment as per SEBI (ICOR) regulation 2OOll.
6. F"rgureof the ~
quarter are the balancing figures _
to the lhild quarter '" the previous year.

audited tIgures In respect of the fullInanclal year and the publ8hed year to date figures up

For Hathway Bhawanl Cabletal & Datacom Lid

~aa
M8na9fng Drector
DIN: 02539442