About
DEN Networks Limited, a media and entertainment company, engages in the distribution of television channels to households through a digital cable distribution network in India. The company operates through two segments: Cable and Broadband. It distributes and promotes television channels; supplies set-top boxes and related equipment; and provides visual entertainment through cable TV, over-the-top entertainment, and broadband services, as well as offers internet services. The company was incorporated in 2007 and is headquartered in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap1,335 Cr
P/E9.00
Div Yield0.00 %
Book Value₹79.30
52w High₹37.40
52w Low₹22.50
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 257.00 | 250.00 | 258.00 | 248.00 | 246.00 | 244.00 | 258.00 | 245.00 | 243.00 | 224.00 | 267.00 | 273.00 | 271.00 |
| Expenses | 251.00 | 242.00 | 268.00 | 249.00 | 239.00 | 262.00 | 258.00 | 245.00 | 230.00 | 228.00 | 243.00 | 241.00 | 246.00 |
| Operating Profit | 6.00 | 8.00 | -10.00 | -1.00 | 7.00 | -18.00 | 1.00 | -1.00 | 13.00 | -4.00 | 24.00 | 32.00 | 25.00 |
| OPM % | 2.40 | 3.20 | -4.00 | -0.50 | 2.70 | -8.00 | 0.30 | -0.30 | 5.00 | -1.60 | 9.00 | 12.00 | 9.00 |
| Other Income | 54.00 | 52.00 | 56.00 | 51.00 | 69.00 | 65.00 | 53.00 | 67.00 | 53.00 | 55.00 | 49.00 | 50.00 | 50.00 |
| Depreciation | 15.00 | 15.00 | 16.00 | 17.00 | 17.00 | 19.00 | 18.00 | 18.00 | 17.00 | 17.00 | 18.00 | 18.00 | 19.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Profit before tax | 44.00 | 44.00 | 29.00 | 32.00 | 58.00 | 28.00 | 35.00 | 48.00 | 48.00 | 34.00 | 54.00 | 63.00 | 55.00 |
| Tax % | 26.00 | 34.00 | 31.00 | 28.00 | 13.00 | 13.00 | 34.00 | 28.00 | 26.00 | -23.00 | 25.00 | 28.00 | 13.00 |
| Net Profit | 33.00 | 29.00 | 20.00 | 23.00 | 51.00 | 24.00 | 23.00 | 34.00 | 36.00 | 42.00 | 41.00 | 45.00 | 48.00 |
| EPS in Rs | 0.69 | 0.61 | 0.42 | 0.48 | 1.06 | 0.50 | 0.48 | 0.72 | 0.75 | 0.87 | 0.86 | 0.95 | 1.00 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,001.00 | 989.00 | 1,035.00 | 1,110.00 | 1,154.00 | 1,240.00 | 1,195.00 | 1,009.00 | 1,064.00 | 899.00 | 874.00 | 847.00 |
| Expenses | 998.00 | 994.00 | 957.00 | 981.00 | 991.00 | 1,017.00 | 1,062.00 | 931.00 | 927.00 | 855.00 | 1,140.00 | 872.00 |
| Operating Profit | 3.00 | -5.00 | 77.00 | 129.00 | 163.00 | 224.00 | 134.00 | 78.00 | 137.00 | 44.00 | -266.00 | -25.00 |
| OPM % | 0.30 | -0.50 | 7.00 | 12.00 | 14.00 | 18.00 | 11.00 | 8.00 | 13.00 | 4.90 | -30.00 | -3.00 |
| Other Income | 227.00 | 239.00 | 204.00 | 121.00 | 117.00 | 185.00 | 188.00 | -96.00 | 21.00 | -15.00 | 135.00 | 97.00 |
| Interest | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 | 3.00 | 31.00 | 56.00 | 60.00 | 60.00 | 76.00 | 77.00 |
| Depreciation | 65.00 | 72.00 | 73.00 | 77.00 | 90.00 | 159.00 | 166.00 | 145.00 | 144.00 | 185.00 | 148.00 | 109.00 |
| Profit before tax | 163.00 | 159.00 | 207.00 | 172.00 | 190.00 | 247.00 | 124.00 | -219.00 | -46.00 | -216.00 | -356.00 | -114.00 |
| Tax % | 25.00 | 26.00 | 15.00 | -65.00 | 0.00 | 0.00 | 30.00 | 0.00 | -32.00 | 0.00 | 0.00 | -3.00 |
| Net Profit | 123.00 | 117.00 | 176.00 | 283.00 | 190.00 | 246.00 | 86.00 | -219.00 | -31.00 | -216.00 | -357.00 | -111.00 |
| EPS in Rs | 2.57 | 2.46 | 3.68 | 5.94 | 3.97 | 5.15 | 1.81 | -4.59 | -1.58 | -11.15 | -20.02 | -6.22 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 477.00 | 477.00 | 477.00 | 477.00 | 477.00 | 477.00 | 477.00 | 477.00 | 195.00 | 194.00 | 178.00 | 178.00 |
| Reserves | 3,377.00 | 3,254.00 | 3,136.00 | 2,960.00 | 2,664.00 | 2,469.00 | 2,242.00 | 2,157.00 | 615.00 | 639.00 | 885.00 | 1,471.00 |
| Borrowings | 20.00 | 23.00 | 26.00 | 28.00 | 0.00 | 0.00 | 213.00 | 479.00 | 529.00 | 485.00 | 835.00 | 929.00 |
| Other Liabilities | 468.00 | 496.00 | 461.00 | 481.00 | 494.00 | 669.00 | 760.00 | 855.00 | 899.00 | 893.00 | 916.00 | 389.00 |
| Total Liabilities | 4,342.00 | 4,250.00 | 4,099.00 | 3,946.00 | 3,635.00 | 3,615.00 | 3,692.00 | 3,968.00 | 2,238.00 | 2,211.00 | 2,813.00 | 2,967.00 |
| Fixed Assets | 187.00 | 224.00 | 252.00 | 275.00 | 249.00 | 259.00 | 366.00 | 518.00 | 678.00 | 735.00 | 887.00 | 675.00 |
| CWIP | 7.00 | 12.00 | 16.00 | 25.00 | 18.00 | 31.00 | 11.00 | 8.00 | 31.00 | 31.00 | 115.00 | 93.00 |
| Investments | 611.00 | 1,941.00 | 2,241.00 | 1,946.00 | 2,424.00 | 2,628.00 | 541.00 | 2,613.00 | 579.00 | 399.00 | 622.00 | 697.00 |
| Other Assets | 3,536.00 | 2,073.00 | 1,591.00 | 1,699.00 | 944.00 | 699.00 | 2,774.00 | 829.00 | 950.00 | 1,046.00 | 1,189.00 | 1,502.00 |
| Total Assets | 4,342.00 | 4,250.00 | 4,099.00 | 3,946.00 | 3,635.00 | 3,615.00 | 3,692.00 | 3,968.00 | 2,238.00 | 2,211.00 | 2,813.00 | 2,967.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -55.00 | -67.00 | 71.00 | 121.00 | 97.00 | 227.00 | 155.00 | -8.00 | 124.00 | 172.00 | -46.00 | -34.00 |
| Cash from Investing Activity | 63.00 | 67.00 | -52.00 | -27.00 | -218.00 | -317.00 | 499.00 | -1,997.00 | -58.00 | 7.00 | 271.00 | 94.00 |
| Cash from Financing Activity | -3.00 | -6.00 | -4.00 | -113.00 | 96.00 | 136.00 | -674.00 | 1,936.00 | -21.00 | -263.00 | -169.00 | -121.00 |
| Net Cash Flow | 5.00 | -7.00 | 15.00 | -19.00 | -25.00 | 45.00 | -20.00 | -69.00 | 45.00 | -84.00 | 55.00 | -61.00 |
| Free Cash Flow | -91.00 | -97.00 | 40.00 | 43.00 | 19.00 | 164.00 | 136.00 | -59.00 | 44.00 | 92.00 | -314.00 | -140.00 |
| CFO/OP % | 644.00 | 959.00 | 103.00 | 74.00 | 58.00 | 72.00 | 106.00 | 13.00 | 66.00 | 385.00 | 10.00 | 6.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 54.00 | 77.00 | 55.00 | 61.00 | 57.00 | 82.00 | 97.00 | 119.00 | 130.00 | 129.00 | 140.00 | 141.00 |
| Inventory Days | — | — | — | — | — | — | — | — | — | — | 0.00 | — |
| Cash Conversion Cycle | 54.00 | 77.00 | 55.00 | 61.00 | 57.00 | 82.00 | 97.00 | 119.00 | 130.00 | 129.00 | 140.00 | 141.00 |
| Working Capital Days | -68.00 | -71.00 | -75.00 | -64.00 | -65.00 | -65.00 | -132.00 | -130.00 | -97.00 | -109.00 | -237.00 | -163.00 |
| ROCE % | 2.00 | 0.00 | 1.00 | 3.00 | 3.00 | 8.00 | 4.00 | -1.00 | 2.00 | -6.00 | -13.00 | -2.00 |
Corporate Actions
13 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 05 Nov 2018 | — | — | — | E.G.M. |
| Other | 05 Nov 2018 | — | — | — | Extra Ordinary General Meeting |
| Other | 10 Sep 2018 | — | — | — | Annual General Meeting |
| Other | 20 Sep 2017 | — | — | — | Annual General Meeting |
| Other | 20 Sep 2016 | — | — | — | Annual General Meeting |
| Other | 18 Sep 2015 | — | — | — | Annual General Meeting |
| Other | 17 Sep 2014 | — | — | — | Annual General Meeting |
| Other | 10 Sep 2013 | — | — | — | Annual General Meeting |
| Other | 29 May 2013 | — | — | — | E.G.M. |
| Other | 29 May 2013 | — | — | — | Extra Ordinary General Meeting |
| Other | 17 Sep 2012 | — | — | — | Annual General Meeting |
| Other | 16 Sep 2011 | — | — | — | Annual General Meeting |
| Other | 01 Sep 2010 | — | — | — | Annual General Meeting |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update5 Aug 2020 from icra
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Rating update27 Feb 2020 from icra
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Rating update7 Jun 2019 from icra
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Rating update25 Oct 2018 from icra
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Rating update9 May 2018 from icra
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Rating update15 Dec 2017 from icra