SITINET - Siti Networks Limited Share Price

Entertainment

₹0.50-0.01(-1.96%)

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

What does Siti Networks Limited do?

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

SITI Networks Limited, a multi-system operator, provides cable television network, Internet, and allied services in India. Its products include digital and analogue cable television, broadband, and local television channels. The company also offers cable services and broadband Internet services. It markets its products under the SITI brand. The company serves approximately 45 million customers through 10 digital head ends, as well as a network of approximately 33,000 kilometers of intra-city optical fiber and coaxial cable in approximately 800 locations. The company was formerly known as SITI Cable Network Limited and changed its name to SITI Networks Limited in August 2016. The company was founded in 1994 and is based in Noida, India.

Industry Group:Entertainment

Employees:205

Website:www.sitinetworks.com

Valuation
Market Cap	47.96 Cr
Price/Earnings (Trailing)	-0.29
Price/Sales (Trailing)	0.04
EV/EBITDA	15.25
Price/Free Cashflow	0.25
MarketCap/EBT	-0.28

Fundamentals
Revenue (TTM)	1.24 kCr
Rev. Growth (Yr)	-2.38%
Rev. Growth (Qtr)	-1.45%
Earnings (TTM)	-165.39 Cr
Earnings Growth (Yr)	35.51%
Earnings Growth (Qtr)	-13.44%

Profitability
Operating Margin	-19.39%
EBT Margin	-13.76%
Return on Equity	15.98%
Return on Assets	-12.36%
Free Cashflow Yield	403.23%

Income Statement for Siti Networks

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%	1,291	1,345	1,446	1,537	1,619	1,442
Other Income	-17.6%	29	35	15	17	17	32
Total Income	-4.4%	1,320	1,380	1,461	1,554	1,636	1,474
Cost of Materials	-	0	0	2.63	1.9	0.68	1.44
Purchases of stock-in-trade	-	0.29	0	0.5	0.84	0.84	2.84
Employee Expense	-6.1%	63	67	70	70	75	81
Finance costs	-28.9%	82	115	120	126	158	171
Depreciation and Amortization	-25.1%	258	344	331	349	346	365
Other expenses	3.4%	1,198	1,159	1,187	1,222	1,202	1,033
Total Expenses	-5%	1,601	1,686	1,711	1,770	1,781	1,654
Profit Before exceptional items and Tax	8.1%	-281.07	-305.88	-250.02	-215.76	-145.61	-179.84
Exceptional items before tax	862.4%	70	-8.05	-8.59	-29.69	-50.17	-74.27
Total profit before tax	32.6%	-211.39	-313.93	-258.61	-245.44	-195.78	-254.1
Current tax	-46.4%	7.97	14	10	8.46	8.91	14
Deferred tax	-14.5%	-14.76	-12.77	-8.07	-10.34	-15.49	-3.91
Total tax	-6583.3%	-6.78	1.12	1.98	-1.88	-6.58	10
Total profit (loss) for period	34.9%	-205.06	-315.44	-260.97	-241.42	-188.17	-264.28
Other comp. income net of taxes	-275%	0.55	0.88	0.55	-0.1	-1.31	-0.22
Total Comprehensive Income	34.9%	-204.51	-314.56	-260.42	-241.52	-189.48	-264.5
Earnings Per Share, Basic	27.5%	-2.35	-3.62	-3	-2.8	-2.2	-3
Earnings Per Share, Diluted	27.5%	-2.35	-3.62	-3	-2.8	-2.2	-3

Description	(%) Q/Q	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023	Jun-2023
Revenue From Operations	-1.6%	303	308	283	323	312	322
Other Income	38%	5.5	4.26	6.8	3.73	3.43	2.44
Total Income	-1.6%	308	313	290	326	316	324
Purchases of stock-in-trade	17.5%	0.48	0.37	0.29	0.24	0.01	0.01
Employee Expense	7.1%	16	15	14	16	15	15
Finance costs	0%	24	24	-5.8	24	25	27
Depreciation and Amortization	-3%	33	34	26	63	70	74
Other expenses	0.4%	287	286	325	294	291	306
Total Expenses	0%	360	360	359	398	400	423
Profit Before exceptional items and Tax	-10.4%	-52.21	-47.2	-69.33	-71.11	-84.78	-98.39
Exceptional items before tax	-	0	0	70	0	0	0
Total profit before tax	-10.4%	-52.21	-47.2	0.36	-71.11	-84.78	-98.39
Current tax	191%	3.59	1.89	-2.55	3.04	1.55	1.06
Deferred tax	-2.7%	-1.64	-1.57	-6.72	-1.48	-2.57	-2.49
Total tax	239.7%	1.95	0.32	-9.27	1.56	-1.02	-1.43
Total profit (loss) for period	-13.2%	-54.15	-47.74	9.4	-72.9	-83.97	-97.11
Other comp. income net of taxes	0%	0.1	0.1	0.31	0.14	0.14	0.14
Total Comprehensive Income	-13.2%	-54.05	-47.64	9.71	-72.76	-83.82	-96.97
Earnings Per Share, Basic	-4.5%	-0.62	-0.55	0.11	-0.84	-0.96	-1.11
Earnings Per Share, Diluted	-4.5%	-0.62	-0.55	0.11	-0.84	-0.96	-1.11

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	-18.5%	433	531	614	730	819	821
Other Income	-31.6%	14	20	3.42	2.88	6.52	21
Total Income	-18.9%	447	551	618	733	825	843
Cost of Materials	-	0	0	1.21	1.37	0.39	0.27
Purchases of stock-in-trade	-7600%	0.25	1.01	1.57	0.65	1.21	19
Employee Expense	-12%	23	26	34	39	45	54
Finance costs	-30.5%	74	106	109	110	132	154
Depreciation and Amortization	-33%	127	189	185	205	196	209
Other expenses	-11.6%	436	493	519	574	607	585
Total Expenses	-19%	660	815	849	930	982	1,021
Profit Before exceptional items and Tax	19.3%	-213	-264.26	-231.52	-196.79	-156.59	-178.34
Exceptional items before tax	271.3%	62	-34.62	-23.8	-29.69	-28	-194.09
Total profit before tax	49.5%	-150.54	-298.88	-255.32	-226.48	-184.6	-372.43
Current tax	-	0	0	0	0	4.78	0
Total tax	-	0	0	0	0	4.78	0
Total profit (loss) for period	49.5%	-150.54	-298.88	-255.32	-226.48	-189.37	-372.43
Other comp. income net of taxes	9%	0.29	0.22	0.09	-0.5	-0.73	-0.15
Total Comprehensive Income	49.5%	-150.25	-298.66	-255.23	-226.98	-190.1	-372.58
Earnings Per Share, Basic	38.4%	-1.73	-3.43	-2.9	-2.6	-2.2	-4.3
Earnings Per Share, Diluted	38.4%	-1.73	-3.43	-2.9	-2.6	-2.2	-4.3

Description	(%) Q/Q	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023	Jun-2023
Revenue From Operations	-9%	92	101	118	103	94	117
Other Income	-18.2%	1.36	1.44	12	0.88	1.36	0.16
Total Income	-7.9%	94	102	130	104	96	117
Purchases of stock-in-trade	-	0	0	0	0	0.01	0.23
Employee Expense	-4.7%	5.22	5.43	6.33	5.3	5.49	5.65
Finance costs	0%	22	22	5.07	22	22	25
Depreciation and Amortization	0%	11	11	21	32	35	39
Other expenses	-6.6%	100	107	100	106	104	126
Total Expenses	-4.8%	139	146	133	165	167	196
Profit Before exceptional items and Tax	-3%	-45.38	-44.03	-2.46	-60.94	-71.15	-78.44
Exceptional items before tax	-	0	0	68	0	0	-5.32
Total profit before tax	-3%	-45.38	-44.03	65	-60.94	-71.15	-83.76
Total profit (loss) for period	-3%	-45.38	-44.03	65	-60.94	-71.15	-83.76
Other comp. income net of taxes	0%	0.07	0.07	0.13	0.06	0.06	0.06
Total Comprehensive Income	-3%	-45.31	-43.95	65	-60.89	-71.1	-83.71
Earnings Per Share, Basic	-1.3%	-0.52	-0.5	0.75	-0.7	-0.82	-0.96
Earnings Per Share, Diluted	-1.3%	-0.52	-0.5	0.75	-0.7	-0.82	-0.96

Balance Sheet for Siti 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	-72.2%	11	37	85	33	16	9.72
Total current financial assets	-5.9%	270	287	215	217	211	233
Inventories	1075%	1.78	0.92	0.52	0.67	0.65	0.64
Current tax assets	98.2%	12	6.55	1.09	7.69	22	0
Total current assets	-2.6%	301	309	231	240	251	273
Property, plant and equipment	-20.6%	86	108	145	199	281	336
Capital work-in-progress	5.3%	21	20	19	22	22	27
Non-current investments	0%	308	308	310	316	344	350
Total non-current financial assets	0%	314	314	318	325	352	365
Total non-current assets	-4.9%	431	453	520	586	714	801
Total assets	-3.9%	732	762	751	825	965	1,073
Borrowings, non-current	0%	11	11	12	11	12	86
Total non-current financial liabilities	0%	12	12	12	12	12	88
Provisions, non-current	7.8%	3.64	3.45	2.96	3.1	3.83	4.33
Total non-current liabilities	7.1%	16	15	15	15	16	92
Borrowings, current	0%	746	746	749	871	893	826
Total current financial liabilities	3.5%	1,880	1,816	1,806	1,722	1,690	1,588
Provisions, current	-33.3%	0.2	0.4	0.2	0.21	0.26	0.32
Total current liabilities	3.2%	1,905	1,846	1,839	1,759	1,728	1,631
Total liabilities	3.2%	1,920	1,861	1,854	1,774	1,744	1,723
Equity share capital	0%	87	87	87	87	87	87
Total equity	-8.1%	-1,188.27	-1,098.99	-1,103.55	-948.75	-779.13	-650.08
Total equity and liabilities	-3.9%	732	762	751	825	965	1,073

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	-67.6%	24	72	113	103	66	56
Current investments	24.7%	97	78	56	0	0	11
Total current financial assets	5.7%	630	596	513	475	432	393
Inventories	138.6%	2.98	1.83	1.66	1.96	1.89	2.2
Current tax assets	26.7%	20	16	10	12	33	14
Total current assets	8%	717	664	591	548	531	494
Property, plant and equipment	-11.5%	341	385	460	556	683	778
Capital work-in-progress	-7.4%	64	69	61	61	75	86
Investment property	-1.5%	67	68	68	69	69	70
Goodwill	0%	49	49	49	49	49	49
Non-current investments	-	0	0	0	0	0	0
Total non-current financial assets	-6.7%	15	16	17	20	17	24
Total non-current assets	-6.2%	621	662	756	863	1,025	1,158
Total assets	0.9%	1,338	1,326	1,347	1,411	1,556	1,652
Borrowings, non-current	0%	13	13	14	13	32	106
Total non-current financial liabilities	0%	64	64	65	65	81	156
Provisions, non-current	6.7%	17	16	16	15	22	17
Total non-current liabilities	1.1%	96	95	93	92	112	181
Borrowings, current	-0.1%	758	759	770	904	914	877
Total current financial liabilities	5.8%	2,205	2,084	2,076	1,953	1,913	1,785
Provisions, current	-27.9%	3.81	4.9	0.75	1.15	1.4	4.08
Total current liabilities	5.2%	2,277	2,164	2,164	2,047	2,003	1,885
Total liabilities	5%	2,373	2,259	2,257	2,139	2,115	2,066
Equity share capital	0%	87	87	87	87	87	87
Non controlling interest	-20%	21	26	33	47	76	82
Total equity	-10.9%	-1,034.95	-933.14	-909.42	-728.63	-559.38	-414.08
Total equity and liabilities	0.9%	1,338	1,326	1,347	1,411	1,556	1,652

Cash Flow for Siti Networks

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

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	-29.8%	74	105	108
Change in inventories	-21.4%	-0.25	-0.03	-0.06
Depreciation	-33%	127	189	185
Unrealised forex losses/gains	12.9%	0.12	-0.01	-0.08
Adjustments for interest income	-21.8%	3.29	3.93	0.33
Net Cashflows from Operations	161.7%	213	82	45
Income taxes paid (refund)	10.2%	-21.48	-24.03	-12.49
Net Cashflows From Operating Activities	122.9%	235	106	58
Proceeds from sales of PPE	-104.1%	0	0.51	0.39
Purchase of property, plant and equipment	-93.2%	2.16	18	47
Interest received	-7.7%	3.87	4.11	0
Other inflows (outflows) of cash	-20.7%	-38.87	-32.04	0
Net Cashflows From Investing Activities	17.7%	-37.15	-45.35	-46.97
Proceeds from borrowings	-	0	0	72
Repayments of borrowings	363%	126	28	66
Payments of lease liabilities	-28.9%	0.42	0.55	-0.14
Interest paid	693.3%	67	9.32	11
Net Cashflows from Financing Activities	-398.1%	-193.1	-37.97	-4.79
Net change in cash and cash eq.	-85.2%	4.25	23	5.98
Cash equivalents beginning of period	-	4.25	-	-

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

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	-25.2%	81	108	111
Change in inventories	-14.5%	0.13	0.24	-0.12
Depreciation	-25.1%	258	344	331
Unrealised forex losses/gains	-0.9%	-0.1	-0.09	-0.08
Adjustments for interest income	-30.2%	7.98	11	3.21
Net Cashflows from Operations	139.2%	422	177	176
Income taxes paid (refund)	325.4%	12	-3.88	-1.42
Net Cashflows From Operating Activities	127.2%	410	181	178
Proceeds from sales of PPE	0%	0.73	0.73	-155.35
Purchase of property, plant and equipment	126.8%	94	42	0
Proceeds from sales of long-term assets	-	-51.06	0	0
Purchase of other long-term assets	-	78	0	0
Interest received	-30.2%	7.98	11	2.44
Other inflows (outflows) of cash	97.1%	0	-33.96	-38.9
Net Cashflows From Investing Activities	-231.2%	-214.32	-64.02	-181.81
Proceeds from borrowings	-	-144.93	0	0
Repayments of borrowings	-99.5%	1.32	65	34
Payments of lease liabilities	35.5%	0	-0.55	0.26
Interest paid	700%	81	11	17
Net Cashflows from Financing Activities	-196.3%	-226.99	-75.95	-50.98
Effect of exchange rate on cash eq.	-	0	0	111
Net change in cash and cash eq.	-180.8%	-31.31	41	56

Pros

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

Cons

Size: It is a very small market cap company. Risks of volatility, governance, sustained growth assumptions should be double checked.

Growth: Declining Revenues! Trailing 12m revenue has fallen by -7.4% in past one year. In past three years, revenues have changed by -18.1%.

Balance Sheet: Caution! Weak Balance sheet.

Technicals: SharesGuru indicator is Bearish.

Profitability: Poor Profitability. Recent profit margins are negative at -13%.

Smart Money: Smart money looks to be reducing their stake in the stock.

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

Category	SITINET	Entertainment
PE	-0.29	-219.03
PS	0.04	1.47
Growth	-7.4 %	-1.8 %

Share Holdings

Understand Siti 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 %
Essel Media Ventures Limited	4.95%
Hdfc Bank Limited	2.43%
Coeus Global Opportunities Fund	2.05%
Anil Subhashchandra Agrawal	1.61%
Pricomm Media Distribution Ventures Pvt Ltd.	1.23%
Direct Media Solutions LLP	1.14%
Digital Satellite Holdings Private Limited	0.01%
Direct Media and Cable Private Limited	0%
Arrow Media & Broadband Private Limited	0%
Bioscope Cinemas Private Limited	0%
Digital Satelite Media and Broadband Private Limited	0%
Manaaska Fashions LLP	0%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Investor Care
Shares Dilution (1Y)	0.00%
Diluted EPS (TTM)	-1.9

Financial Health
Current Ratio	0.31
Debt/Equity	-0.75

SITINET - Siti Networks Limited Share Price

What does Siti Networks Limited do?

Valuation

Fundamentals

Profitability

Income Statement for Siti Networks

Balance Sheet for Siti Networks

Cash Flow for Siti Networks

Sector Comparison: SITINET vs Entertainment

Comparative Metrics

Performance Comparison

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

Investor Care

Financial Health

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)