Hathway Software Developers Limited - Due diligence report

A 360° intelligence report on Hathway Software Developers Limited: trust score, financial health, credit view, compliance, directors, growth…

1994-05-09 Mumbai, Maharashtra Amalgamated Unlisted Active Compliant
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HS Hathway Software Developers Limited
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Hathway Software Developers Limited — 360° Intelligence Report

Generated from MCA filings & public records
43/100
Trust Score
Caution Indicated

Hathway Software Developers Limited is assessed as Caution Indicated with a Trust Score of 43/100. Hathway Software Developers Limited is a public limited indian non-government company incorporated in 1994, operating in the Broadcasting sector. Reported revenue has declined across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and high financial risk profile.

Report generated on 28 Jun 2026 from the latest processed filings. Hathway Software Developers Limited snapshot & full profile →

Financial Health › Caution
Overall Assessment CautionWeakNeutralGoodStrong Weak
Compliance › Weak

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreCaution Indicated
43/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
30/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
10/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
20/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 2 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 45/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 30/100 Caution Indicated
  • Company status is "Amalgamated" - not Active.
  • Last balance sheet is for Mar 2021 - filings overdue.
  • 2 active GST registration(s).
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
PRANJALI GAWDE 01234567 Director 01/04/2018 6 yrs Approved
REMELLA NARASIMHAN 01234567 Director 01/04/2018 6 yrs Approved
DULAL BANERJEE 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2017 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Hathway Cable And Datacom Limited
Subsidiaries
-
Group entities
-
Capital events
1 allotment(s) · 8 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Hathway Cable And Datacom Limited Holding Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 20
Growth signals & trust indicators
Operating for 32+ years.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Negative net worth.
Statutory filings appear overdue.
Adverse company status: Amalgamated.
Compliance score is weak (30/100).
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence31/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 4 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment31/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view30/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
24 Nov 2021
Director appointed
REMELLA NARASIMHAN (Additional Director)
13 Nov 2021
Director ceased
SANGEET KUMAR NIGAM
23 Aug 2021
Last AGM held
Annual general meeting
31 Mar 2021
Latest balance sheet
Filed with ROC
03 Sep 2020
Director ceased
PRANJALI GAWDE
09 Jun 2020
Director appointed
PRANJALI GAWDE (Director)
Director ceased
RAJESH KUMAR MITTAL
30 Sep 2018
Director ceased
DULAL BANERJEE
30 Mar 2018
Director appointed
DULAL BANERJEE (Director)
Director ceased
VINEET GARG
11 Oct 2017
Director ceased
MAHADEVAN D
31 Mar 2017
Share transfer (FY 2017)
15000.00000000 shares to HATHWAY CABLE AND DATACOM LIMITED
Share transfer (FY 2017)
15000.00000000 shares to ASHOK
02 Jan 2017
Director ceased
KESHAVAMURTHY KUMAR BASAVAPATNA
31 Dec 2016
Director ceased
KUNAL ASARAM RAMTEKE
10

Key Observations

Auto-generated from the data above
Revenue declined 38% over the last 1 financial year(s).
Net profit margin moved from 1.42 to 2.1x.
3 active director(s) / partner(s); board looks stable and experienced.
2 active GST registration(s) indicate ongoing business operations.
Promoters hold a dominant controlling stake as per the FY 2017 annual return.
Capital has been raised through 1 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Fastway Combined Cable Network Private Limited U92100PB2014PTC038871 Ludhiana, Punjab, India
Goienkars Digital Network Private Limited U64204GA2014PTC007516 Margao, Goa, India
Sri Uday Satvision Private Limited U74900AP2014PTC092409 Markapur, Andhra Pradesh, India
Hathway New Concept Cable & Datacom Limited U72900MH2000PLC129837 Mumbai, Maharashtra, India
Sycamore Info Media India Private Limited U74900KA2015PTC079367 Bangalore, Karnataka, India
Den Krishna Cable Tv Network Limited U92130DL2007PLC171613 New Delhi, Delhi, India
Timesinternet U74999DL2015PTC278481 New Delhi, Delhi, India
North-West News Private Limited U92130DL2008PTC181171 New Delhi, Delhi, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Hathway Software Developers Limited before audits and certifications: compliance score 30/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Hathway Software Developers Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Enhanced diligence advised. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score 40/100, margin trends, ownership structure and peer set for Hathway Software Developers Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 43/100, distress signals and MSME payment-delay disclosures - know whether Hathway Software Developers Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Hathway Software Developers Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Hathway Software Developers Limited an active company?

Hathway Software Developers Limited has MCA status “Amalgamated” with a compliance score of 30/100 (Caution Indicated).

Is Hathway Software Developers Limited financially healthy?

Hathway Software Developers Limited has a Financial Health Score of 10/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Hathway Software Developers Limited?

Its overall Trust Score is 43/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Hathway Software Developers Limited?

The ultimate holding entity is Hathway Cable And Datacom Limited. 3 active director(s) are on record.

Does Hathway Software Developers Limited have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Hathway Software Developers Limited up to date with its ROC filings?

Last balance sheet is for Mar 2021 - filings overdue. Overall compliance score: 30/100 (Caution Indicated).

Is it risky to lend to Hathway Software Developers Limited?

Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.