DEN - DEN Networks Limited Share Price

Entertainment

₹31.69-0.50(-1.55%)

Market Closed as of May 6, 2025, 15:30 IST

What does DEN Networks Limited do?

TV Broadcasting & SoftwareProduction•Media, Entertainment & Publication•Small Cap

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

Balance Sheet for DEN Networks

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	12.5%	19	17	10	2.07	4.91	21
Current investments	28.5%	2,069	1,610	1,998	1,317	1,768	1,841
Loans, current	-	0	0	0	0	0	0
Total current financial assets	4.9%	3,159	3,012	3,034	2,811	2,714	2,675
Total current assets	5%	3,217	3,063	3,034	2,840	2,739	2,699
Property, plant and equipment	-5.3%	233	246	262	270	269	243
Capital work-in-progress	6.7%	17	16	18	25	20	18
Non-current investments	-2.1%	618	631	629	629	627	582
Loans, non-current	-	0	0	0	0	0	0
Total non-current financial assets	-2.1%	620	633	631	631	629	583
Total non-current assets	-4.9%	985	1,036	1,049	1,106	1,013	935
Total assets	2.5%	4,202	4,099	4,083	3,946	3,752	3,635
Total non-current financial liabilities	-4.5%	22	23	24	26	27	0
Provisions, non-current	5.2%	9.29	8.88	9.18	9.61	9.21	11
Total non-current liabilities	-9.3%	40	44	50	59	69	59
Borrowings, current	-	0	0	0	0	0	0
Total current financial liabilities	15.9%	401	346	419	338	357	313
Provisions, current	11.6%	3.78	3.49	2.38	2.16	1.69	1.69
Current tax liabilities	-	-	-	0	110	0	0
Total current liabilities	8.4%	479	442	502	450	468	435
Total liabilities	6.8%	519	486	553	509	537	494
Equity share capital	0%	477	477	477	477	477	477
Total equity	1.9%	3,683	3,613	3,530	3,437	3,215	3,141
Total equity and liabilities	2.5%	4,202	4,099	4,083	3,946	3,752	3,635

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	-11.5%	24	27	16	16	25	46
Current investments	29.1%	2,122	1,644	2,030	1,359	1,802	1,846
Loans, current	-	0	0	0	0	0.01	0.15
Total current financial assets	5.7%	3,242	3,067	3,006	2,817	2,730	2,649
Total current assets	5.8%	3,320	3,137	3,076	2,870	2,784	2,701
Property, plant and equipment	-6.8%	329	353	383	403	412	398
Capital work-in-progress	17.6%	21	18	21	29	24	21
Goodwill	0%	153	153	153	153	153	153
Non-current investments	-3.1%	63	65	63	67	68	67
Loans, non-current	-	0	0	0	0	0	0
Total non-current financial assets	-1.5%	67	68	67	70	72	69
Total non-current assets	-5.6%	746	790	818	888	830	808
Total assets	3.5%	4,065	3,927	3,894	3,759	3,614	3,509
Total non-current financial liabilities	-4.5%	22	23	24	26	27	0
Provisions, non-current	10%	12	11	12	12	12	14
Total non-current liabilities	-9.6%	48	53	61	70	85	79
Borrowings, current	-	0	0	0	0	0	0
Total current financial liabilities	20.8%	344	285	374	284	314	258
Provisions, current	9.5%	4.47	4.17	2.92	2.7	2.25	2.26
Current tax liabilities	-	-	0	0	0	0	0
Total current liabilities	12%	459	410	494	432	463	417
Total liabilities	9.5%	507	463	554	503	548	496
Equity share capital	0%	477	477	477	477	477	477
Non controlling interest	-2.4%	42	43	46	49	58	60
Total equity	2.8%	3,559	3,463	3,340	3,256	3,066	3,013
Total equity and liabilities	3.5%	4,065	3,927	3,894	3,759	3,614	3,509

Income Statement for DEN Networks

Standalone figures (in Rs. Crores) / View Consolidated Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	-6.8%	1,035	1,110	1,154	1,240	1,195	1,009
Other Income	69.2%	204	121	122	190	188	55
Total Income	0.7%	1,239	1,231	1,275	1,431	1,383	1,064
Employee Expense	0%	63	63	62	60	60	61
Finance costs	289.5%	2.48	1.38	0.93	3.27	31	56
Depreciation and Amortization	-5.3%	73	77	90	159	166	145
Other expenses	-2.6%	894	918	933	962	1,002	871
Total Expenses	-2.5%	1,033	1,059	1,086	1,184	1,259	1,132
Profit Before exceptional items and Tax	20.5%	207	172	190	247	124	-68.38
Exceptional items before tax	-	0	0	0	0	0	-150.7
Total profit before tax	20.5%	207	172	190	247	124	-219.08
Current tax	-	5.4	0	0	0.62	0	0
Deferred tax	121.3%	25	-111.64	0	0	38	0
Total tax	126.6%	31	-111.64	0	0.62	38	0
Total profit (loss) for period	-37.9%	176	283	190	246	86	-219.08
Other comp. income net of taxes	-107.7%	0.08	13	5.31	-18.97	-0.55	0.92
Total Comprehensive Income	-40.7%	176	296	195	227	86	-218.16
Earnings Per Share, Basic	-45.7%	3.68	5.94	3.98	5.16	1.81	-9.19
Earnings Per Share, Diluted	-45.7%	3.68	5.94	3.98	5.16	1.81	-9.19

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	5.3%	258	245	243	224	267	273
Other Income	-21.2%	53	67	53	55	49	50
Total Income	-0.3%	311	312	296	280	316	323
Cost of Materials	-	0	0	0	0	3.59	3.62
Employee Expense	0%	17	17	15	16	15	15
Finance costs	-4.2%	0.5	0.52	0.56	0.64	0.56	0.6
Depreciation and Amortization	0%	18	18	17	17	18	18
Other expenses	5.7%	241	228	215	212	225	222
Total Expenses	4.6%	276	264	248	246	262	260
Profit Before exceptional items and Tax	-27.7%	35	48	48	34	54	63
Total profit before tax	-27.7%	35	48	48	34	54	63
Current tax	-	0	0	3.68	5.4	0	0
Deferred tax	-8.3%	12	13	8.72	-13.17	13	18
Total tax	-8.3%	12	13	12	-7.78	13	18
Total profit (loss) for period	-33.3%	23	34	36	42	41	45
Other comp. income net of taxes	12.5%	0.16	0.04	0.09	-0.06	-0.15	0.16
Total Comprehensive Income	-33.3%	23	34	36	42	41	45
Earnings Per Share, Basic	-85.7%	0.48	0.72	0.75	0.87	1.72	0.95
Earnings Per Share, Diluted	-85.7%	0.48	0.72	0.75	0.87	1.72	0.95

Consolidated figures (in Rs. Crores) / View Standalone Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	-4.3%	1,081	1,130	1,226	1,307	1,291	1,206
Other Income	85.6%	207	112	121	191	176	46
Total Income	3.6%	1,288	1,243	1,347	1,498	1,467	1,252
Employee Expense	-3.7%	80	83	85	91	95	96
Finance costs	292.5%	2.57	1.4	0.28	3.35	32	59
Depreciation and Amortization	-5.1%	113	119	148	251	247	242
Other expenses	-5.5%	846	895	937	961	985	928
Total Expenses	-5.3%	1,041	1,099	1,171	1,305	1,358	1,324
Profit Before exceptional items and Tax	71.3%	246	144	176	193	109	-71.19
Exceptional items before tax	-	0	0	0	0	0	-211.1
Total profit before tax	71.3%	246	144	176	193	109	-282.29
Current tax	976.9%	5.56	0.48	1.88	1.96	2.59	14
Deferred tax	126.4%	26	-93.54	0.93	-5.36	49	-1.16
Total tax	133%	32	-93.06	2.81	-3.4	51	13
Total profit (loss) for period	-9.8%	213	236	171	189	59	-300.55
Other comp. income net of taxes	-103.2%	0.62	13	6.04	-17.31	-0.49	1.36
Total Comprehensive Income	-14.5%	213	249	177	172	58	-299.19
Earnings Per Share, Basic	-14.4%	4.5	5.09	3.69	4.15	1.47	-11.63
Earnings Per Share, Diluted	-14.4%	4.5	5.09	3.69	4.15	1.47	-11.63

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	4.8%	261	249	248	258	273	277
Other Income	-20.6%	55	69	55	55	51	52
Total Income	-0.6%	316	318	303	313	324	328
Employee Expense	-5%	20	21	19	20	19	20
Finance costs	-2.1%	0.51	0.52	0.56	0.64	0.59	0.62
Depreciation and Amortization	-3.8%	26	27	26	28	28	29
Other expenses	6.5%	213	200	201	198	214	214
Total Expenses	4.4%	260	249	246	247	261	263
Profit Before exceptional items and Tax	-19.1%	56	69	57	66	63	65
Total profit before tax	-19.1%	56	69	57	66	63	65
Current tax	-70.3%	1.51	2.72	3.74	5.17	0.17	0.05
Deferred tax	-21.4%	12	15	8.44	-13.45	14	18
Total tax	-18.8%	14	17	12	-8.28	14	18
Total profit (loss) for period	-19.6%	42	52	43	77	48	46
Other comp. income net of taxes	11.7%	0.17	0.06	0.1	0.03	0.2	0.15
Total Comprehensive Income	-19.6%	42	52	43	77	48	46
Earnings Per Share, Basic	-266.7%	0.85	1.09	0.95	1.66	0.99	0.96
Earnings Per Share, Diluted	-266.7%	0.85	1.09	0.95	1.66	0.99	0.96

Investor Care
Shares Dilution (1Y)	0.00%
Diluted EPS (TTM)	4.55

Financial Health
Current Ratio	7.24
Debt/Equity	0.00
Debt/Cashflow	0.00

Description	Share	Value
Cable distribution network	95.9%	242.1 Cr
Broadband	4.1%	10.5 Cr
Total		252.6 Cr

Valuation
Market Cap	1.51 kCr
Price/Earnings (Trailing)	7.07
Price/Sales (Trailing)	1.21
EV/EBITDA	4.23
Price/Free Cashflow	68.45
MarketCap/EBT	6.1

Fundamentals
Revenue (TTM)	1.25 kCr
Rev. Growth (Yr)	-2.49%
Rev. Growth (Qtr)	-0.78%
Earnings (TTM)	213.92 Cr
Earnings Growth (Yr)	-12.39%
Earnings Growth (Qtr)	-18.82%

Profitability
Operating Margin	19.86%
EBT Margin	19.86%
Return on Equity	6.01%
Return on Assets	5.26%
Free Cashflow Yield	1.46%

Pros

Balance Sheet: Strong Balance Sheet.

Profitability: Very strong Profitability. One year profit margin are 17%.

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

Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.

Cons

Technicals: SharesGuru indicator is Bearish.

Growth: Poor revenue growth. Revenue grew at a disappointing -2.8% on a trailing 12-month basis.

Momentum: Stock has a weak negative price momentum.

Dividend: Stock hasn't been paying any dividend.

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Sector Comparison: DEN vs Entertainment

Comprehensive comparison against sector averages

Comparative Metrics

DEN metrics compared to Entertainment

Category	DEN	Entertainment
PE	7.21	-219.03
PS	1.24	1.47
Growth	-2.8 %	-1.8 %

Performance Comparison

DEN vs Entertainment (2021 - 2025)

Key Insights

1. DEN is among the Top 10 TV Broadcasting & SoftwareProduction companies but not in Top 5.
2. The company holds a market share of 5% in TV Broadcasting & SoftwareProduction.
3. In last one year, the company has had a below average growth that other TV Broadcasting & SoftwareProduction companies.

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

As of 2025-03-31

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 AND INVESTMENTS LIMITED	0.15%
RELIANCE VENTURES LIMITED	0.1%
VANDANA MANCHANDA	0.08%
SANJEEV MANCHANDA	0.01%
RELIANCE INDUSTRIES LIMITED	0%
RELIANCE CONTENT DISTRIBUTION LIMITED	0%
JIO FINANCIAL SERVICES LIMITED (FORMERLY RELIANCE STRATEGIC INVESTMENTS LIMITED)	0%
DIGITAL MEDIA DISTRIBUTION TRUST (through its Trustee Reliance Media Transmission Private Limited)	0%
ACCESS EQUITY PRIVATE LIMITED	0%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Cash Flow for DEN Networks

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	289.5%	2.48	1.38	0.93
Depreciation	-5.3%	73	77	90
Unrealised forex losses/gains	-1%	0	0.01	-0.03
Dividend income	72%	3.77	2.61	0.23
Adjustments for interest income	26.8%	72	57	12
Net Cashflows from Operations	-17%	79	95	95
Income taxes paid (refund)	127.7%	8.58	-26.32	-1.47
Other inflows (outflows) of cash	-	0.21	0	0
Net Cashflows From Operating Activities	-41.7%	71	121	97
Proceeds from sales of PPE	380.8%	7.57	-1.34	0.57
Purchase of property, plant and equipment	-51.3%	38	77	79
Purchase of other long-term assets	-101.3%	0	77	83
Cash receipts from repayment of advances and loans made to other parties	-	0	0	38
Dividends received	72%	3.77	2.61	0.23
Interest received	440%	55	11	13
Other inflows (outflows) of cash	-217%	-79.76	70	-153.63
Net Cashflows From Investing Activities	-85.8%	-51.88	-27.46	-218.18
Payments of lease liabilities	118.4%	4.32	2.52	0
Interest paid	-	0	0	0.26
Other inflows (outflows) of cash	99.3%	0.2	-110.45	96
Net Cashflows from Financing Activities	95.5%	-4.12	-112.97	96
Net change in cash and cash eq.	169.1%	15	-19.25	-25.45

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	292.5%	2.57	1.4	0.28
Depreciation	-5.1%	113	119	148
Unrealised forex losses/gains	-1%	0	0.01	-0.03
Adjustments for interest income	23.3%	75	61	11
Net Cashflows from Operations	-12.6%	91	104	119
Income taxes paid (refund)	116.6%	6.96	-34.82	-9.63
Net Cashflows From Operating Activities	-39.9%	84	139	129
Proceeds from sales of PPE	2.3%	0.58	0.57	1.16
Purchase of property, plant and equipment	-45.9%	54	99	103
Cash receipts from repayment of advances and loans made to other parties	-60%	1.1	1.25	1.1
Interest received	383.3%	59	13	11
Other inflows (outflows) of cash	-353.9%	-72.62	30	-177.36
Net Cashflows From Investing Activities	-21.7%	-66.24	-54.26	-257.89
Payments of lease liabilities	118.4%	4.32	2.52	0
Dividends paid	55.9%	2.73	2.11	0.22
Interest paid	32.7%	0.34	0.02	0.28
Other inflows (outflows) of cash	99.5%	0.46	-110.37	96
Net Cashflows from Financing Activities	93.2%	-6.93	-115.02	96
Effect of exchange rate on cash eq.	-	0	0	-0.05
Net change in cash and cash eq.	132.2%	11	-30.01	-33.06

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
HATHWAY	Hathway Cable & DatacomTV Broadcasting & SoftwareProduction	2.38 kCr	2.13 kCr	+3.46%	-37.34%	25.77	1.12	+2.90%	+84.14%
GTPL	GTPL HathwayTV Broadcasting & SoftwareProduction	1.18 kCr	3.42 kCr	-3.47%	-39.84%	21.77	0.35	+9.27%	-36.00%
DISHTV	Dish TV IndiaTV Broadcasting & SoftwareProduction	924.31 Cr	1.66 kCr	-12.70%	-70.73%	-0.45	0.56	-16.25%	-22.25%
SITINET	Siti NetworksTV Broadcasting & SoftwareProduction	47.96 Cr	1.24 kCr	+4.17%	-9.09%	-0.29	0.04	-7.41%	+52.89%

DEN - DEN Networks Limited Share Price

What does DEN Networks Limited do?

Balance Sheet for DEN Networks

Income Statement for DEN Networks

Investor Care

Financial Health

Revenue Breakdown

Valuation

Fundamentals

Profitability

Sector Comparison: DEN vs Entertainment

Comparative Metrics

Performance Comparison

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

Cash Flow for DEN Networks

Is DEN Networks Better than it's peers?

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)