DEN Networks
- Market cap
- ₹ 1,131 Cr.
- P/E
- 7.8x
- P/B
- 0.31x
- 52-week range
- 22.52 – 34.39
- ROE
- 1%
- ROCE
- 3%
- Dividend yield
- 0%
- Debt / equity
- 0.01
- Sector
- Entertainment
- Industry
- TV Broadcasting & Software Production
- Listed on
- NSE, BSE
About
DEN Networks Limited is an India-based mass media and entertainment company. The Company is primarily engaged in the distribution of television channels through a digital cable distribution network. It provides visual entertainment to its customers through digital cable entertainment (DEN Cable), high-speed broadband services (DEN Broadband), and over-the-top (OTT) entertainment applications. The Company operates through two segments: Cable distribution network and Broadband. The Cable distribution network segment consists of distribution and promotion of television (TV) channels. The Broadband segment consists of providing Internet services. The Company has presence in Delhi, Uttar Pradesh, Karnataka, Maharashtra, Gujarat, Rajasthan, Haryana, Kerala, West Bengal, Jharkhand, Bihar, Madhya Pradesh, and Uttarakhand. Its OTT application, DEN TV+, offers more than 130 live TV channels. Its DEN Cable provides cable TV entertainment services to more than 13 million subscribers in India.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
TV Broadcasting & Software Production: 20 companies →DEN Networks against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)7.8 against a typical 23.6: cheaper than most peers (1st = cheapest).4th of 19
- Sales growth−3.3% against a typical +0.9% from a year earlier.12th of 20
- Profit growth+5.7% against a typical −44.4% from a year earlier.4th of 9
- Share price, 3 months−11.5% against a typical −12.3%.9th of 19
- Size₹ 1,131.1 Cr. market value against a typical ₹ 42.7 Cr. (1st = largest).2nd of 17
Latest announcements
Exchange filings and their impact on the company.
- Q2 revenue fell 3.7% YoY and core cable losses widened, with H1 profit down 20% despite treasury income support.
DEN Networks reported Q2 FY27 consolidated revenue of Rs 232.6 crore, down 3.7% from last year, with cable revenue at Rs 228 crore and broadband at Rs 9.5 crore. Net profit was Rs 36.8 crore versus Rs 35.2 crore last year, helped by Rs 60.7 crore of other income, while core segment loss widened to Rs 8.7 crore. For the half year, revenue was Rs 475.3 crore and profit was Rs 71.4 crore, down about 20% from last year as content costs rose and operations stayed loss-making.
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 13 Oct 2026 | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 14 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 14 Apr 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 14 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 13 Oct 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 14 Jul 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 273 | 258 | 248 | 249 | 261 | 248 | 241 | 241 | 251 | 241 | 243 | 233 |
| Expenses | 233 | 218 | 221 | 221 | 233 | 220 | 222 | 223 | 238 | 225 | 231 | 225 |
| Operating Profit | 40 | 40 | 27 | 28 | 27 | 28 | 19 | 18 | 13 | 15 | 12 | 7 |
| OPM % | 15% | 16% | 11% | 11% | 10% | 11% | 8% | 7% | 5% | 6% | 4.7% | 3.1% |
| Other Income | 51 | 57 | 55 | 69 | 55 | 67 | 71 | 52 | 58 | 55 | 55 | 61 |
| Interest | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 28 | 28 | 26 | 27 | 26 | 26 | 24 | 23 | 23 | 21 | 20 | 19 |
| Profit before tax | 62 | 69 | 55 | 69 | 55 | 69 | 65 | 46 | 48 | 49 | 46 | 49 |
| Tax % | 23% | −12% | 22% | 25% | 24% | 13% | 17% | 24% | 16% | 26% | 26% | 25% |
| Net Profit | 48 | 77 | 43 | 52 | 42 | 60 | 54 | 35 | 40 | 36 | 35 | 37 |
| EPS in Rs | 0.99 | 1.66 | 0.95 | 1.09 | 0.84 | 1.3 | 1.14 | 0.74 | 0.8 | 0.8 | 0.77 | 0.76 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 0%
- 5 Years
- −6%
- 3 Years
- −5%
- TTM
- −2%
- 10 Years
- 8%
- 5 Years
- −8%
- 3 Years
- −39%
- TTM
- −22%
- 10 Years
- −10%
- 5 Years
- −12%
- 3 Years
- −19%
- TTM
- —
- 10 Years
- 1%
- 5 Years
- 2%
- 3 Years
- 1%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| DEN Networks | ₹ 24.41 | ₹ 1,131 Cr. | 7.8x | 0.3x | 1% | — |
| Sun Tv Network | ₹ 582.20 | ₹ 24,715 Cr. | 13.2x | 1.6x | 11.9% | 33.2% |
| Zee Entertainment Enterprises | ₹ 65.45 | ₹ 6,287 Cr. | 36.8x | 0.9x | 2.4% | 3.4% |
| New Delhi Television | ₹ 60.65 | ₹ 685 Cr. | — | 7.1x | −345% | −61.2% |
| TV Today Network | ₹ 100.50 | ₹ 600 Cr. | 27.5x | 0.8x | 1.4% | 1.6% |
| GTPL Hathway | ₹ 51.58 | ₹ 581 Cr. | 44.4x | 0.6x | — | 0.2% |
Management
- Shailender Nath Sharma
- Chief Executive Officer
- Satyendra Jindal
- Chief Financial Officer
- Omesh Uppal
- Chief Operating Officer
- Hema Kumari
- Compliance Officer, Company Secretary
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