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Den Networks

  • Market Cap: Small Cap
  • Industry: DTH/Cable
  • ISIN: INE947J01015
  • NSEID: DEN
  • BSEID: 533137
INR
30.81
0.71 (2.36%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 3.61 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

3.61 lacs (-58.38%) Volume

Shareholding (Dec 2024)

FII

0.73%

Held by 28 FIIs

DII

0.20%

Held by 2 DIIs

Promoter

74.90%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor Management Efficiency with a low ROE of 6.26%

  • The company has been able to generate a Return on Equity (avg) of 6.26% signifying low profitability per unit of shareholders funds
2

Poor long term growth as Net Sales has grown by an annual rate of -3.87% over the last 5 years

 
3

The company has declared Negative results for the last 3 consecutive quarters

4

Stock is technically in a Bearish range

5

Despite the size of the company, domestic mutual funds hold only 0.25% of the company

6

Below par performance in long term as well as near term

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

DTH/Cable

stock-summary
Market cap

INR 1,470 Cr (Small Cap)

stock-summary
P/E

7.00

stock-summary
Industry P/E

13

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-0.86

stock-summary
Return on Equity

6.37%

stock-summary
Price to Book

0.41

Revenue and Profits (1 Year):
Net Sales:
261 Cr
(Quarterly Results - Dec 2024)
Net Profit:
40 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-40.46%
0%
-40.46%
1 Year
-41.28%
0%
-41.28%
2 Years
8.3%
0%
8.3%
3 Years
-29.01%
0%
-29.01%
4 Years
-36.34%
0%
-36.34%
5 Years
-9.91%
0%
-9.91%

Den Networks for the last several years.

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
-3.87%
EBIT Growth (5y)
17.95%
EBIT to Interest (avg)
21.53
Debt to EBITDA (avg)
0.12
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.40
Tax Ratio
13.95%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.93%
ROCE (avg)
5.77%
ROE (avg)
6.26%
Valuation key factors
Factor
Value
P/E Ratio
7
Industry P/E
13
Price to Book Value
0.41
EV to EBIT
-97.86
EV to EBITDA
-12.85
EV to Capital Employed
-3.24
EV to Sales
-1.57
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
6.37%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bullish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 4 Schemes (0.06%)

FIIs

Held by 28 FIIs (0.73%)

Promoter with highest holding

Jio Futuristic Digital Holdings Private Limited (35.94%)

Highest Public shareholder

None

Individual Investors Holdings

20.22%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 4.67% vs 0.63% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -22.56% vs 14.35% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "260.70",
          "val2": "249.08",
          "chgp": "4.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "27.66",
          "val2": "27.84",
          "chgp": "-0.65%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.51",
          "val2": "0.52",
          "chgp": "-1.92%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "40.31",
          "val2": "52.05",
          "chgp": "-22.56%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "10.61%",
          "val2": "11.18%",
          "chgp": "-0.57%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -9.67% vs -3.66% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 10.49% vs 46.38% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "496.61",
          "val2": "549.79",
          "chgp": "-9.67%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "55.98",
          "val2": "74.06",
          "chgp": "-24.41%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.08",
          "val2": "1.34",
          "chgp": "-19.40%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "97.57",
          "val2": "88.31",
          "chgp": "10.49%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "11.27%",
          "val2": "13.47%",
          "chgp": "-2.20%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -7.95% vs -2.93% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 1.69% vs 24.00% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "757.31",
          "val2": "822.73",
          "chgp": "-7.95%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "83.64",
          "val2": "114.73",
          "chgp": "-27.10%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.59",
          "val2": "1.93",
          "chgp": "-17.62%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "137.88",
          "val2": "135.59",
          "chgp": "1.69%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "11.04%",
          "val2": "13.95%",
          "chgp": "-2.91%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -4.40% vs -7.76% in Mar 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -11.61% vs 38.02% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,080.75",
          "val2": "1,130.47",
          "chgp": "-4.40%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "154.74",
          "val2": "152.14",
          "chgp": "1.71%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "2.57",
          "val2": "1.40",
          "chgp": "83.57%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "214.65",
          "val2": "242.85",
          "chgp": "-11.61%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "14.32%",
          "val2": "13.46%",
          "chgp": "0.86%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
260.70
249.08
4.67%
Operating Profit (PBDIT) excl Other Income
27.66
27.84
-0.65%
Interest
0.51
0.52
-1.92%
Exceptional Items
0.00
0.00
Consolidate Net Profit
40.31
52.05
-22.56%
Operating Profit Margin (Excl OI)
10.61%
11.18%
-0.57%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 4.67% vs 0.63% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is -22.56% vs 14.35% in Sep 2024

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
496.61
549.79
-9.67%
Operating Profit (PBDIT) excl Other Income
55.98
74.06
-24.41%
Interest
1.08
1.34
-19.40%
Exceptional Items
0.00
0.00
Consolidate Net Profit
97.57
88.31
10.49%
Operating Profit Margin (Excl OI)
11.27%
13.47%
-2.20%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -9.67% vs -3.66% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 10.49% vs 46.38% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
757.31
822.73
-7.95%
Operating Profit (PBDIT) excl Other Income
83.64
114.73
-27.10%
Interest
1.59
1.93
-17.62%
Exceptional Items
0.00
0.00
Consolidate Net Profit
137.88
135.59
1.69%
Operating Profit Margin (Excl OI)
11.04%
13.95%
-2.91%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -7.95% vs -2.93% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 1.69% vs 24.00% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
1,080.75
1,130.47
-4.40%
Operating Profit (PBDIT) excl Other Income
154.74
152.14
1.71%
Interest
2.57
1.40
83.57%
Exceptional Items
0.00
0.00
Consolidate Net Profit
214.65
242.85
-11.61%
Operating Profit Margin (Excl OI)
14.32%
13.46%
0.86%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -4.40% vs -7.76% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is -11.61% vs 38.02% in Mar 2023

stock-summaryCompany CV
About Den Networks Ltd stock-summary
stock-summary
Den Networks Ltd
Small Cap
DTH/Cable
Den Networks Limited was incorporated on 10 July, 2007. The Company changed status from a Private Limited Company to a Public Limited Company on 15 April, 2008 thereby changing the name to 'DEN Digital Entertainment Networks Limited'. Subsequently, the name of Company was again changed to 'DEN Networks Limited' on 27 June, 2008. Through aggressive acquisition, Company has emerged as the larges national level MSO (Multi System Operator) in India.
Company Coordinates stock-summary
Company Details
236 Okhla Industrial Estate, Phase III New Delhi Delhi : 110020
stock-summary
Tel: 91-11-40522200
stock-summary
investorrelations@denonline.in
Registrar Details
Karvy Computershare Pvt Ltd, Karvy House , 46 Avenue 4, Street No 1, Banjara Hills, Hyderabad