DEN - DEN Networks Limited Share Price

Entertainment

₹31.99+1.38(+4.51%)

Market Closed as of Dec 15, 2025, 15:30 IST

Valuation
Market Cap	1.53 kCr
Price/Earnings (Trailing)	7.94
Price/Sales (Trailing)	1.24
EV/EBITDA	4.48
Price/Free Cashflow	-68.4
MarketCap/EBT	6.47
Enterprise Value	1.52 kCr

Fundamentals
Revenue (TTM)	1.23 kCr
Rev. Growth (Yr)	-7.9%
Earnings (TTM)	190.6 Cr
Earnings Growth (Yr)	-31.9%

Profitability
Operating Margin	19%
EBT Margin	19%
Return on Equity	5.08%
Return on Assets	4.43%
Free Cashflow Yield	-1.46%

Price to Sales Ratio

Latest reported: 1.2

Revenue (Last 12 mths)

Latest reported: 1.2 kCr

Net Income (Last 12 mths)

Latest reported: 190.6 Cr

Growth & Returns
Price Change 1W	4.6%
Price Change 1M	0.60%
Price Change 6M	-9.3%
Price Change 1Y	-27.7%
3Y Cumulative Return	-6%
5Y Cumulative Return	-14.3%
7Y Cumulative Return	-10.5%
10Y Cumulative Return	-11.3%

Cash Flow & Liquidity
Cash Flow from Investing (TTM)	-21.78 Cr
Cash Flow from Operations (TTM)	18.3 Cr
Cash Flow from Financing (TTM)	-7.16 Cr
Cash & Equivalents	9.91 Cr
Free Cash Flow (TTM)	-23.14 Cr
Free Cash Flow/Share (TTM)	-0.48

Balance Sheet
Total Assets	4.3 kCr
Total Liabilities	552.48 Cr
Shareholder Equity	3.75 kCr
Current Assets	3.59 kCr
Current Liabilities	517.09 Cr
Net PPE	280.02 Cr
Inventory	0.00
Goodwill	149.58 Cr

Capital Structure & Leverage
Debt Ratio	0.00
Debt/Equity	0.00
Interest Coverage	115.43
Interest/Cashflow Ops	9.78

Dividend & Shareholder Returns
Shares Dilution (1Y)	0.00%
Shares Dilution (3Y)	0.00%

Pros

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Balance Sheet: Strong Balance Sheet.

Technicals: Bullish SharesGuru indicator.

Profitability: Recent profitability of 15% is a good sign.

Cons

Dividend: Stock hasn't been paying any dividend.

Past Returns: Underperforming stock! In past three years, the stock has provided -6% return compared to 12.5% by NIFTY 50.

Growth: Poor revenue growth. Revenue grew at a disappointing -1.9% on a trailing 12-month basis.

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Investor Care
Shares Dilution (1Y)	0.00%
Earnings/Share (TTM)	4.03

Financial Health
Current Ratio	6.94
Debt/Equity	0.00

Technical Indicators
RSI (14d)	53.46
RSI (5d)	21.67
RSI (21d)	40.12
MACD Signal	Sell
Stochastic Oscillator Signal	Hold
Grufity Signal	Sell
RSI Signal	Hold
RSI5 Signal	Buy
RSI21 Signal	Hold
SMA 5 Signal	Sell
SMA 10 Signal	Sell
SMA 20 Signal	Sell
SMA 50 Signal	Sell
SMA 100 Signal	Sell

Earnings Outlook

Last updated:

Q&A Session

Last updated:

Revenue

Last Updated: Sep 30, 2025

Description	Share	Value
Cable distribution network	95.1%	234 Cr
Broadband	4.9%	12 Cr
Total		245.9 Cr

Share Holdings

Understand DEN Networks ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

Shareholder Name	Holding %
JIO FUTURISTIC DIGITAL HOLDINGS PRIVATE LIMITED	35.94%
JIO TELEVISION DISTRIBUTION HOLDINGS PRIVATE LIMITED	15.47%
JIO DIGITAL DISTRIBUTION HOLDINGS PRIVATE LIMITED	15.02%
SAMEER MANCHANDA	3.69%
LUCID SYSTEMS PRIVATE LIMITED	3.35%
KAVITA MANCHANDA	0.79%
RELIANCE INDUSTRIAL INVESTMENTS AND HOLDINGS LIMITED	0.31%
NETWORK 18 MEDIA & INVESTMENTS LIMITED	0.15%
RELIANCE VENTURES LIMITED	0.1%
VANDANA MANCHANDA	0.08%
SANJEEV MANCHANDA	0.01%
DIGITAL MEDIA DISTRIBUTION TRUST (through its Trustee Reliance Media Transmission Private Limited	0%
RELIANCE INDUSTRIES LIMITED	0%
RELIANCE CONTENT DISTRIBUTION LIMITED	0%
JIO FINANCIAL SERVICES LIMITED	0%
ACCESS EQUITY PRIVATE LIMITED	0%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
HATHWAY	Hathway Cable & Datacom	2.29 kCr	2.2 kCr	-2.20%	-26.50%	23.11	1.04	-	-
GTPL	GTPL Hathway	1.15 kCr	3.67 kCr	-2.50%	-29.00%	28.23	0.31	-	-
DISHTV	Dish TV India	725.46 Cr	1.37 kCr	-12.00%	-65.30%	5.88	0.53	-	-
SITINET	Siti Networks	34.01 Cr	1.18 kCr	-7.10%	-56.20%	-0.16	0.03	-	-

Category	DEN	Entertainment
PE	7.60	30.01
PS	1.18	1.60
Growth	-1.9 %	-1.4 %

Key Insights

1. DEN is among the Top 5 TV Broadcasting & SoftwareProduction companies by market cap.
2. The company holds a market share of 4.9% in TV Broadcasting & SoftwareProduction.
3. The company is growing at an average growth rate of other TV Broadcasting & SoftwareProduction companies.

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Revenue From Operations	-7%	1,005	1,081	1,130	1,226	1,307	1,291
Other Income	18%	244	207	112	121	191	176
Total Income	-3%	1,250	1,288	1,243	1,347	1,498	1,467
Employee Expense	0%	80	80	83	85	91	95
Finance costs	-30.6%	2.09	2.57	1.4	0.28	3.35	32
Depreciation and Amortization	-6.2%	106	113	119	148	251	247
Other expenses	-3.8%	814	846	895	937	961	985
Total Expenses	-3.8%	1,001	1,041	1,099	1,171	1,305	1,358
Profit Before exceptional items and Tax	0.8%	248	246	144	176	193	109
Exceptional items before tax	-	0	0	0	0	0	0
Total profit before tax	0.8%	248	246	144	176	193	109
Current tax	382.5%	23	5.56	0.48	1.88	1.96	2.59
Deferred tax	12%	29	26	-93.54	0.93	-5.36	49
Total tax	64.5%	52	32	-93.06	2.81	-3.4	51
Total profit (loss) for period	-7.5%	197	213	236	171	189	59
Other comp. income net of taxes	10.5%	0.66	0.62	13	6.04	-17.31	-0.49
Total Comprehensive Income	-7.5%	197	213	249	177	172	58
Earnings Per Share, Basic	-8.6%	4.2	4.5	5.09	3.69	4.15	1.47
Earnings Per Share, Diluted	-8.6%	4.2	4.5	5.09	3.69	4.15	1.47

Description	(%) Q/Q	Sep-2025	Jun-2025	Mar-2025	Dec-2024	Sep-2024	Jun-2024
Revenue From Operations	0%	241	241	248	261	249	248
Other Income	-27.1%	52	71	65	55	69	55
Total Income	-6.1%	293	312	313	316	318	303
Employee Expense	-11.1%	17	19	20	20	21	19
Finance costs	-20%	0.46	0.55	0.5	0.51	0.52	0.56
Depreciation and Amortization	-4.3%	23	24	26	26	27	26
Other expenses	2%	205	201	200	213	200	201
Total Expenses	0.4%	246	245	246	260	249	246
Profit Before exceptional items and Tax	-30.3%	47	67	66	56	69	57
Total profit before tax	-30.3%	47	67	66	56	69	57
Current tax	-23.6%	7.15	9.05	15	1.51	2.72	3.74
Deferred tax	111.1%	3.66	2.26	-6.11	12	15	8.44
Total tax	0%	11	11	8.87	14	17	12
Total profit (loss) for period	-35.8%	35	54	60	42	52	43
Other comp. income net of taxes	-1.1%	0.07	0.08	0.33	0.17	0.06	0.1
Total Comprehensive Income	-35.8%	35	54	60	42	52	43
Earnings Per Share, Basic	-285.7%	0.74	1.14	1.3	0.85	1.09	0.95
Earnings Per Share, Diluted	-285.7%	0.74	1.14	1.3	0.85	1.09	0.95

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Revenue From Operations	-4.4%	989	1,035	1,110	1,154	1,240	1,195
Other Income	17.2%	239	204	121	122	190	188
Total Income	-0.9%	1,228	1,239	1,231	1,275	1,431	1,383
Employee Expense	3.2%	65	63	63	62	60	60
Finance costs	-27.7%	2.07	2.48	1.38	0.93	3.27	31
Depreciation and Amortization	-1.4%	72	73	77	90	159	166
Other expenses	4%	930	894	918	933	962	1,002
Total Expenses	3.5%	1,069	1,033	1,059	1,086	1,184	1,259
Profit Before exceptional items and Tax	-23.3%	159	207	172	190	247	124
Exceptional items before tax	-	0	0	0	0	0	0
Total profit before tax	-23.3%	159	207	172	190	247	124
Current tax	195.5%	14	5.4	0	0	0.62	0
Deferred tax	12.5%	28	25	-111.64	0	0	38
Total tax	33.3%	41	31	-111.64	0	0.62	38
Total profit (loss) for period	-33.7%	117	176	283	190	246	86
Other comp. income net of taxes	44.6%	0.49	0.08	13	5.31	-18.97	-0.55
Total Comprehensive Income	-33.1%	118	176	296	195	227	86
Earnings Per Share, Basic	-45.5%	2.46	3.68	5.94	3.98	5.16	1.81
Earnings Per Share, Diluted	-45.5%	2.46	3.68	5.94	3.98	5.16	1.81

Description	(%) Q/Q	Sep-2025	Jun-2025	Mar-2025	Dec-2024	Sep-2024	Jun-2024
Revenue From Operations	0.8%	248	246	244	258	245	243
Other Income	-26.5%	51	69	65	53	67	53
Total Income	-5.1%	299	315	309	311	312	296
Cost of Materials	-	0	0	0	0	0	0
Employee Expense	-13.3%	14	16	16	17	17	15
Finance costs	-20%	0.46	0.55	0.49	0.5	0.52	0.56
Depreciation and Amortization	0%	17	17	19	18	18	17
Other expenses	5.9%	236	223	246	241	228	215
Total Expenses	3.5%	266	257	281	276	264	248
Profit Before exceptional items and Tax	-45.6%	32	58	28	35	48	48
Total profit before tax	-45.6%	32	58	28	35	48	48
Current tax	3.1%	5.64	5.5	9.99	0	0	3.68
Deferred tax	99.1%	3.29	2.15	-6.41	12	13	8.72
Total tax	19.1%	8.93	7.66	3.58	12	13	12
Total profit (loss) for period	-56%	23	51	24	23	34	36
Other comp. income net of taxes	4.3%	0.12	0.08	0.19	0.16	0.04	0.09
Total Comprehensive Income	-56%	23	51	24	23	34	36
Earnings Per Share, Basic	-828.6%	0.49	1.07	0.5	0.48	0.72	0.75
Earnings Per Share, Diluted	-828.6%	0.49	1.07	0.5	0.48	0.72	0.75

Description	(%) Q/Q	Sep-2025	Mar-2025	Sep-2024	Mar-2024	Sep-2023	Mar-2023
Cash and cash equivalents	-40.6%	9.91	16	24	27	16	16
Current investments	9.5%	1,589	1,451	2,122	1,644	2,030	1,359
Loans, current	-	0	0	0	0	0	0
Total current financial assets	4.9%	3,513	3,348	3,242	3,067	3,006	2,817
Total current assets	5.2%	3,588	3,411	3,320	3,137	3,076	2,870
Property, plant and equipment	-8.8%	280	307	329	353	383	403
Capital work-in-progress	-15.4%	12	14	21	18	21	29
Goodwill	0%	150	150	153	153	153	153
Non-current investments	-3.1%	63	65	63	65	63	67
Loans, non-current	-	0	0	0	0	0	0
Total non-current financial assets	-4.4%	66	69	67	68	67	70
Total non-current assets	-2.5%	714	732	746	790	818	888
Total assets	3.8%	4,301	4,142	4,065	3,927	3,894	3,759
Total non-current financial liabilities	-10.5%	18	20	22	23	24	26
Provisions, non-current	10.9%	4.98	4.59	12	11	12	12
Total non-current liabilities	-8.1%	35	38	48	53	61	70
Total current financial liabilities	18.3%	389	329	344	285	374	284
Provisions, current	-12%	1.66	1.75	4.47	4.17	2.92	2.7
Current tax liabilities	-	6.09	0	-	0	0	0
Total current liabilities	16.2%	517	445	459	410	494	432
Total liabilities	14.3%	552	483	507	463	554	503
Equity share capital	0%	477	477	477	477	477	477
Non controlling interest	0%	40	40	42	43	46	49
Total equity	2.4%	3,749	3,660	3,559	3,463	3,340	3,256
Total equity and liabilities	3.8%	4,301	4,142	4,065	3,927	3,894	3,759

Description	(%) Q/Q	Sep-2025	Mar-2025	Sep-2024	Mar-2024	Sep-2023	Mar-2023
Cash and cash equivalents	-67.5%	4.25	11	19	17	10	2.07
Current investments	8.5%	1,553	1,432	2,069	1,610	1,998	1,317
Loans, current	-	0	0	0	0	0	0
Total current financial assets	3.8%	3,458	3,330	3,159	3,012	3,034	2,811
Total current assets	4.2%	3,518	3,377	3,217	3,063	3,034	2,840
Property, plant and equipment	-7.8%	202	219	233	246	262	270
Capital work-in-progress	-18.2%	10	12	17	16	18	25
Non-current investments	0%	509	509	618	631	629	629
Loans, non-current	-	0	0	0	0	0	0
Total non-current financial assets	0%	511	511	620	633	631	631
Total non-current assets	-0.8%	866	873	985	1,036	1,049	1,106
Total assets	3.2%	4,384	4,250	4,202	4,099	4,083	3,946
Total non-current financial liabilities	-10.5%	18	20	22	23	24	26
Provisions, non-current	2.7%	2.13	2.1	9.29	8.88	9.18	9.61
Total non-current liabilities	-3.6%	28	29	40	44	50	59
Total current financial liabilities	12.2%	461	411	401	346	419	338
Provisions, current	-78.6%	0.75	0.86	3.78	3.49	2.38	2.16
Current tax liabilities	-	5.02	-	-	-	0	110
Total current liabilities	12.7%	552	490	479	442	502	450
Total liabilities	11.6%	579	519	519	486	553	509
Equity share capital	0%	477	477	477	477	477	477
Total equity	2%	3,805	3,731	3,683	3,613	3,530	3,437
Total equity and liabilities	3.2%	4,384	4,250	4,202	4,099	4,083	3,946

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Finance costs	-33.8%	2.04	2.57	1.4	0.28	-	-
Depreciation	-6.2%	106	113	119	148	-	-
Unrealised forex losses/gains	-	0.01	0	0.01	-0.03	-	-
Adjustments for interest income	10.8%	83	75	61	11	-	-
Net Cashflows from Operations	-45.6%	50	91	104	119	-	-
Income taxes paid (refund)	420.1%	32	6.96	-34.82	-9.63	-	-
Net Cashflows From Operating Activities	-79.5%	18	84	139	129	-	-
Proceeds from sales of PPE	121.4%	1.09	0.58	0.57	1.16	-	-
Purchase of property, plant and equipment	-24.5%	41	54	99	103	-	-
Cash receipts from repayment of advances and loans made to other parties	-300%	0.8	1.1	1.25	1.1	-	-
Interest received	82.8%	107	59	13	11	-	-
Other inflows (outflows) of cash	-22%	-88.85	-72.62	30	-177.36	-	-
Net Cashflows From Investing Activities	66.1%	-21.78	-66.24	-54.26	-257.89	-	-
Payments of lease liabilities	7.5%	4.57	4.32	2.52	0	-	-
Dividends paid	-91.9%	1.14	2.73	2.11	0.22	-	-
Interest paid	-51.5%	0	0.34	0.02	0.28	-	-
Other inflows (outflows) of cash	-351.9%	-1.44	0.46	-110.37	96	-	-
Net Cashflows from Financing Activities	-2.9%	-7.16	-6.93	-115.02	96	-	-
Effect of exchange rate on cash eq.	-	0	0	0	-0.05	-	-
Net change in cash and cash eq.	-216.3%	-10.63	11	-30.01	-33.06	-	-

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Finance costs	-29.7%	2.04	2.48	1.38	0.93	-	-
Depreciation	-1.4%	72	73	77	90	-	-
Unrealised forex losses/gains	-	0.01	0	0.01	-0.03	-	-
Dividend income	-83.8%	1.45	3.77	2.61	0.23	-	-
Adjustments for interest income	11.3%	80	72	57	12	-	-
Net Cashflows from Operations	-166.9%	-51.2	79	95	95	-	-
Income taxes paid (refund)	97.9%	16	8.58	-26.32	-1.47	-	-
Other inflows (outflows) of cash	-26.6%	0	0.21	0	0	-	-
Net Cashflows From Operating Activities	-197.7%	-67.4	71	121	97	-	-
Proceeds from sales of PPE	-111.4%	0.25	7.57	-1.34	0.57	-	-
Purchase of property, plant and equipment	-24.3%	29	38	77	79	-	-
Purchase of other long-term assets	-	0	0	77	83	-	-
Cash receipts from repayment of advances and loans made to other parties	-	0	0	0	38	-	-
Dividends received	-83.8%	1.45	3.77	2.61	0.23	-	-
Interest received	88.9%	103	55	11	13	-	-
Other inflows (outflows) of cash	-48.5%	-118.9	-79.76	70	-153.63	-	-
Net Cashflows From Investing Activities	224.8%	67	-51.88	-27.46	-218.18	-	-
Payments of lease liabilities	7.5%	4.57	4.32	2.52	0	-	-
Interest paid	-	0	0	0	0.26	-	-
Other inflows (outflows) of cash	-197.5%	-1.38	0.2	-110.45	96	-	-
Net Cashflows from Financing Activities	-35.7%	-5.95	-4.12	-112.97	96	-	-
Net change in cash and cash eq.	-154%	-6.56	15	-19.25	-25.45	-	-

DEN Networks Limited, a media and entertainment company, engages in distribution of television channels through digital cable distribution network in India. The company distributes and promotes television channels; and provides visual entertainment services through cable TV, over-the-top (OTT) entertainment, and broadband services. It serves approximately 13 million households primarily in 13 states in India, including Delhi, Uttar Pradesh, Karnataka, Maharashtra, Gujarat, Rajasthan, Haryana, Kerala, West Bengal, Jharkhand, Bihar, Madhya Pradesh, and Uttarakhand. The company was incorporated in 2007 and is based in Mumbai, India.

Industry Group:Entertainment

Employees:0

Website:www.dennetworks.com

Important Disclosure & Data Context

This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.

DEN - DEN Networks Limited Share Price

Valuation

Fundamentals

Profitability

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Growth & Returns

Cash Flow & Liquidity

Balance Sheet

Capital Structure & Leverage

Dividend & Shareholder Returns

Investor Care

Financial Health

Technical Indicators

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

What does DEN Networks Limited do?

Important Disclosure & Data Context

DEN - DEN Networks Limited Share Price

Valuation

Fundamentals

Profitability

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Growth & Returns

Cash Flow & Liquidity

Balance Sheet

Capital Structure & Leverage

Dividend & Shareholder Returns

Sharesguru Stock Score for DEN

Investor Care

Financial Health

Technical Indicators

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

What does DEN Networks Limited do?

Important Disclosure & Data Context

Sharesguru Stock Score for DEN