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Prices as of 9 Oct 2026 close · Not investment advice

Den Networks Limited

NSE: DENTV Broadcasting & Software Production

Share price

₹25.85

+2.99% close of 9 Oct 2026

Market cap ₹1,233 CrP/E 8.3

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

50

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹1,233 Cr

P/E ratio

8.3

P/B ratio

0.3

ROCE

3.2%

ROE

1.2%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹34.6452-week low ₹22.98

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales fell 2.3% over the past year. Meanwhile what it keeps of every 100 rupees of sales slipped from 15.8% to 5.9% over the last four years.

Whether it grew faster than its sector

It grew 0.5% a year against a sector median of 4.9% — 4.4 percentage points slower.

Room to re-rate, or risk of de-rating

At 8.3× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 27.5×, across 4 companies. It is against its own five-year median of 9.8×, the 26th percentile of its own range.

Whether growth justifies the valuation

Its earnings are falling, so growth cannot justify the price.

Profit growthPrice per ₹1 profitPer 1% growth
Den Networks Limited — this one-39%/yr8.3×—
Sun TV Network Limited-4%/yr15.9×—
Zee Entertainment95%/yr32.3×₹0.34
Hathway Cable & Datacom Limited10%/yr22.8×₹2.3
New Delhi Television Limited———
GTPL Hathway Limited-49%/yr88.6×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (TV Broadcasting & Software Production), it ranks 7 of 13 on returns, 11 of 12 on growth, 6 of 13 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 3.2% on capital, ahead of 46% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹353 crore of cash from the business, spent ₹335 crore on plant and equipment, and returned ₹36 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 777 arrived as cash — well above the profit; depreciation and interest are the reason, not a windfall. Its cash comes back more slowly than it used to: it went from being paid 78 days before it paid its own suppliers to paid 60 days before it paid its own suppliers.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 10 checks clear · 80%

How the profit check works

Latest result

What the last results showed. Whether management kept its word is in Pro.

Results are expected soon.

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹1,233 Cr
Prev close
₹25.85
52w High
₹36.0
52w Low
₹22.5
Enterprise value
-₹2,030 Cr
Beta
1.2
Price CAGR 1y
-24.0%
Price CAGR 3y
-20.0%
Price CAGR 5y
-12.0%
Price CAGR 10y
-10.0%

Ratios

Return on assets
3.9%
PEG ratio
-0.2
P/E ratio
8.3
P/B ratio
0.3
EV / EBITDA
—
Industry P/E
22.8
ROCE
3.2%
ROCE 5y average
2.6%
ROE
1.2%
Debt / Equity
0.0
Interest coverage
105.0
Dividend yield
0.0%
ROE 3y average
1.0%
ROE last year
1.0%

Annual P&L

Annual revenue
₹974 Cr
Annual profit
₹166 Cr
Operating margin
7.0%
Net profit margin
17.0%
EBITDA margin
7.2%
Sales growth 3y
-4.8%
Sales growth 5y
-5.7%
Profit growth 3y
-39.0%
Profit growth 5y
-8.0%
EPS
₹3.5
Sales growth TTM
-2.0%
Profit growth TTM
-29.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹243 Cr
Profit latest quarter
₹35 Cr
YoY quarterly sales growth
0.6%
YoY quarterly profit growth
-35.2%
OPM latest quarter
4.7%

Balance Sheet

Book Value
₹79.4
Face Value
₹10.0
Total debt
₹20 Cr
Total cash
₹3,139 Cr
Borrowings
₹20 Cr
Reserves / Equity
6.9

Cash Flow

Operating cash flow
-₹17 Cr
Free cash flow
-₹57 Cr
FCF yield
-4.8%
Net cash flow
₹4 Cr

Shareholding

Promoter holding
74.9%
FII holding
0.3%
DII holding
0.1%
Public holding
24.6%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Sun TV Network636.5015.925,0831.96619.117.01,457.913.016.4
Zee Entertainmen70.1232.26,7352.8574.3-48.31,907.34.52.7
Hathway Cable9.6422.51,7060.0024.6-21.0565.16.52.6
Den Networks26.108.41,2460.0034.6-32.3242.80.63.2
NDTV66.487500.00-81.9-16.0117.28.9-72.6
GTPL Hathway55.9278.86293.581.4-78.01,015.412.43.5
T.V. Today Netw.101.3022.16040.0010.337.5206.23.94.5
Median41.0127.36890.007.3-26.7254.35.63.2

Competes with: Aqylon Nexus Limited, B.A.G Films and Media Limited, Dish TV India Limited, GTPL Hathway Limited, Hathway Cable & Datacom Limited, New Delhi Television Limited, Raj Television Network Limited, Sun TV Network Limited, TV Today Network Limited, TV Vision Limited, Zee Entertainment, Zee Media Corporation Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales273277273258248249261248241241251241243
Expenses244235233218221221233220222223238225231
Material Cost000000
Change in Inventories000000
Purchases of Stock-in-Trade000000
Employee Cost201917171515
Other Expenses200201205221210215
Operating Profit29424040272827281918131512
OPM %11151516111110117.957.455.236.374.74
Other Income50525157556955677152585555
Exceptional items (within Other Income)000000
Interest1111111010000
Depreciation28292828262726262423232120
Profit before tax50646269556955696546484946
Tax %152923-12222524131724162626
Net Profit42464877435242605435403635
EPS in Rs0.890.960.991.660.951.090.841.301.140.740.800.800.77
Diluted EPS in Rs1.301.140.740.800.810.77

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,1309481,1571,2851,2061,2911,3071,2261,1301,0811,005974976
Expenses1,0371,1239811,0071,0291,0791,0581,024979927893904918
Material Cost00
Change in Inventories00
Purchases of Stock-in-Trade00
Employee Cost8069
Other Expenses814837
Operating Profit93-1761762781772122502021521541127058
OPM %8-1915221516191613141176
Other Income88511030-165176190120112206244231220
Exceptional items (within Other Income)00
Interest82796566593230132.091.882
Depreciation1862062762492422472511481191131069187
Profit before tax-88-409-155-7-288110186174143245249208190
Tax %38521139447-22-65132120
Net Profit-122-431-188-17-30159189171236213197166147
EPS in Rs-8.08-24-11-1.76-5.811.474.153.695.094.504.193.473.11
Diluted EPS in Rs4.203.48
Dividend Payout %000000000000

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
0%
5 years
-6%
3 years
-5%
TTM
-2%

Compounded profit growth

10 years
8%
5 years
-8%
3 years
-39%
TTM
-29%

Stock price CAGR

10 years
-10%
5 years
-12%
3 years
-20%
1 year
-24%

Return on equity

10 years
1%
5 years
2%
3 years
1%
Last year
1%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital178178194195477477477477477477477477
Reserves1,5327926205912,0692,1262,2982,4762,7312,9433,1433,308
Borrowings9988545055304822130028262320
Other Liabilities6491,1071,0881,041927872678554524481500478
Minority Interest4041
Total Liabilities3,3572,9312,4072,3573,9553,6883,4523,5073,7593,9274,1424,283
Fixed Assets1,4251,4741,2991,186935763609557562515463404
CWIP1101294550192137212918148
Investments1451091011272,139702,1401,9131,4261,7091,516210
Other Assets1,6761,2199629948622,8346661,0161,7411,6852,1493,661
Total Assets3,3572,9312,4072,3573,9553,6883,4523,5073,7593,9274,1424,283

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity618202185422682181291398418-17
Cash from Investing Activity-481862-80-2,047429-361-258-54-66-2224
Cash from Financing Activity-109-161-277-411,933-68813496-115-7-7-3
Net Cash Flow-9633-7464-729-9-33-3011-114
Free Cash Flow-243-3713930-54195109274130-22-58

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days12910174866838262128375540
Cash Conversion Cycle12910174866838262128375540
Working Capital Days-194-277-167-99-125-155-86-78-82-69-66-60
ROCE %-1-12-44-14223233

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters757575757575757575757575
FIIs1.300.981.110.960.760.740.820.630.490.510.460.35
DIIs0.210.170.180.180.190.200.140.140.140.140.140.05
Public242424242424242424242425
Others0.100.100.100.100.100.100.100.100.100.100.100.10
No. of Shareholders99,9021,08,5481,23,3341,39,8561,59,0391,63,1641,67,0861,63,3481,58,3771,53,5811,48,6751,47,480

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -25.4% (₹34.64 → ₹25.85)Brick size ₹0.81 (fixed)Bricks 45
₹30.00₹35.00₹25.85Nov '25Jan '26Mar '26May '26Jul '26Oct '26
Price moved up one brickPrice moved down one brickLast close ₹25.85 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

-3,263inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

2,68,34,236inr

2026-03-31

News

News and filings about Den Networks Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Buys from

Sells to

  • Sun TV Network Limited · Channel carriage & placement services on DEN cable network (carriage/placement income from…
  • Zee Entertainment · Channel carriage & placement services on DEN cable network (carriage/placement income from…

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Media, Entertainment & Publication
Industry
TV Broadcasting & Software Production
Classification
Media, Entertainment & Publication › TV Broadcasting & Software Production
ISIN
INE947J01015

Business segments

  • Cable distribution network · 96%
  • Broadband · 4%

News impact

Big market events that reach Den Networks Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Splits, bonuses & buybacks

  • daily-prices repair: 8 rows from NSE's archive (replace 1, delete 0, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.