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DEN Networks Limited (DEN.NS)
INR28.94
-1.36 (-4.49%)
IN NSE Communication Services Entertainment
Address
Unit No.116, C Wing, Building No. 2 400079
Mumbai, DE, IN
Mumbai, DE, IN
CEO
Shailender Nath Sharma
Website
dennetworks.com
IPO
2009-11-24
ISIN INE947J01015
Also trades on
Bombay Stock Exchange · DEN.BO (INR)
National Stock Exchange of India · DEN.NS (INR)
Description
DEN Networks Limited is an Indian enterprise primarily focused on delivering and marketing television channels via its extensive digital cable distribution infrastructure. Its business activities are structured into two main segments: Cable and Broadband. In addition to its core channel distribution, the company extends its offerings to include cable television, over-the-top (OTT) entertainment options, and high-speed internet broadband services. The company boasts a significant reach, serving approximately 13 million households primarily across 13 Indian states, which include Delhi, Uttar Pradesh, Karnataka, Maharashtra, Gujarat, Rajasthan, Haryana, Kerala, West Bengal, Jharkhand, Bihar, Madhya Pradesh, and Uttarakhand. Established in 2007, the company was initially known as DEN Digital Entertainment Networks Limited before officially changing its name to DEN Networks Limited in June 2008. Its corporate headquarters are located in New Delhi, India.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
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Signal Summary
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| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
INR28.94
-1.36 (-4.49%)
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Volume Profile
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Liquidity & share structure
Average Volume
1M
Beta
0.58
Float Shares
119.65M
Free Float %
25.1%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +2.92% | +0.15% | +3.70% | +3.46% | -11.21% | -12.72% | -25.64% | -20.41% | -56.37% | -69.49% | -83.05% |
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From
To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Price Targets & DCF
Current price
28.94
DCF (Unlevered)
114.17
+294.5%
DCF (Levered)
6.43
-77.8%
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
Ratings Trend (MoM)
| Rating | 2024-11 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 0 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
Quality scores
Altman Z-Score
2.90
Grey zone
Piotroski F-Score
4 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
2 / 5
Medium
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
4 / 5
High
P/E Score
3 / 5
Medium
P/Book Score
5 / 5
High
Operational MOAT
✗ Below peers
-
Revenue growth Entertainment: +5.6%-3.1% Q1'26: -3.0% (vs Q1'25)
-
EPS growth Entertainment: +31.6%-17.1% Q1'26: -37.7% (vs Q1'25)
-
FCF margin FCF growth · Entertainment: +61.7%+21.2% Q1'26: +0.0% (vs Q1'25)
-
EBIT margin Entertainment: +7.7%+21.6% ★ Q1'26: +20.6% (vs Q1'25)
-
ROIC Entertainment: +5.2%+35.7% ★ Q1'26: +31.4% (vs Q1'25)
-
Share dilution Entertainment: +0.0%-0.1% ★ Q1'26: -0.9% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Entertainment: -0.15×0.07× ★ Q1'26: 0.07× (vs Q1'25)
Valuation Multiples
From
To
Price Forecast (3Y)
From
To
Theoretical Return — If Invested Today
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
Consensus Estimates
| Metric |
Mar 2011 actual |
Mar 2012 actual |
Mar 2013 actual |
Mar 2014 actual |
Mar 2015 actual |
Mar 2016 actual |
Mar 2017 actual |
Mar 2018 actual |
Mar 2019 actual |
Mar 2020 actual |
Mar 2021 actual |
Mar 2022 actual |
Mar 2025 actual |
Mar 2026 1 Rev. Ana. 1 EPS Ana. |
Mar 2027 1 Rev. Ana. 1 EPS Ana. |
Mar 2028 1 Rev. Ana. 1 EPS Ana. |
Mar 2029 1 Rev. Ana. 1 EPS Ana. |
Mar 2030 1 Rev. Ana. 1 EPS Ana. |
Mar 2031 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
10.22B
est: 10.54B (-3.0%)
|
11.30B
est: 11.44B (-1.2%)
|
8.97B
est: 9.27B (-3.3%)
|
10.98B
est: 11.04B (-0.5%)
|
11.13B
est: 11.26B (-1.2%)
|
9.48B
est: 12.53B (-24.4%)
|
11.14B
est: 12.11B (-7.9%)
|
12.45B
est: 13.21B (-5.7%)
|
11.83B
est: 12.83B (-7.8%)
|
12.65B
est: 13.38B (-5.5%)
|
12.90B
est: 14.07B (-8.3%)
|
11.83B
est: 15.48B (-23.6%)
|
10.05B
est: 11.26B (-10.7%)
|
12.53B
12.53B – 12.53B
+11.2% YoY
|
12.11B
12.11B – 12.11B
-3.4% YoY
|
13.21B
13.21B – 13.21B
+9.1% YoY
|
12.83B
12.83B – 12.83B
-2.9% YoY
|
13.38B
13.38B – 13.38B
+4.3% YoY
|
14.07B
14.07B – 14.07B
+5.2% YoY
|
| EBITDA |
1.28B
est: 3.26B (-60.9%)
|
899.10M
est: 924.05M (-2.7%)
|
2.21B
est: 745.91M (+196.5%)
|
3.60B
est: 896.60M (+302.0%)
|
1.74B
est: 951.85M (+83.1%)
|
-1.31B
est: 937.97M (-239.3%)
|
1.80B
est: -2.23B (+180.4%)
|
2.94B
est: 737.07M (+299.3%)
|
125.43M
est: 1.98B (-93.7%)
|
3.82B
est: -618.40M (+717.0%)
|
4.47B
est: 3.46B (+29.3%)
|
3.24B
est: 4.82B (-32.7%)
|
3.56B
est: 4.44B (-19.7%)
|
4.94B
4.94B – 4.94B
+11.2% YoY
|
4.77B
4.77B – 4.77B
-3.4% YoY
|
5.21B
5.21B – 5.21B
+9.1% YoY
|
5.06B
5.06B – 5.06B
-2.9% YoY
|
5.27B
5.27B – 5.27B
+4.3% YoY
|
5.55B
5.55B – 5.55B
+5.2% YoY
|
| EBIT |
821.15M
est: 1.92B (-57.3%)
|
360.99M
est: -1.18B (+130.7%)
|
1.40B
est: -950.40M (+247.3%)
|
2.02B
est: -1.14B (+276.8%)
|
-57.24M
est: -1.21B (+95.3%)
|
-3.37B
est: -1.20B (-181.8%)
|
-957.34M
est: -3.82B (+74.9%)
|
456.93M
est: -1.32B (+134.7%)
|
-2.29B
est: 298.62M (-866.9%)
|
1.41B
est: -2.65B (+152.9%)
|
1.96B
est: -355.71M (+652.3%)
|
1.76B
est: 2.84B (-37.9%)
|
2.50B
est: 3.69B (-32.1%)
|
4.11B
4.11B – 4.11B
+11.2% YoY
|
3.97B
3.97B – 3.97B
-3.4% YoY
|
4.33B
4.33B – 4.33B
+9.1% YoY
|
4.20B
4.20B – 4.20B
-2.9% YoY
|
4.39B
4.39B – 4.39B
+4.3% YoY
|
4.61B
4.61B – 4.61B
+5.2% YoY
|
| Net Income |
443.32M
est: 1.53B (-71.0%)
|
142.80M
est: -1.56B (+109.1%)
|
623.01M
est: -1.26B (+149.4%)
|
383.99M
est: -1.52B (+125.3%)
|
-1.44B
est: -1.61B (+10.6%)
|
-4.32B
est: -1.59B (-171.9%)
|
-2.08B
est: -4.31B (+51.7%)
|
-344.10M
est: -2.15B (+84.0%)
|
-2.77B
est: -347.07M (-699.5%)
|
699.60M
est: -2.97B (+123.5%)
|
1.98B
est: 717.05M (+176.1%)
|
1.76B
|
2.00B
est: -3.86B (+151.8%)
|
-4.86B
-4.86B – -4.86B
-25.9% YoY
|
-4.38B
-4.38B – -4.38B
+9.8% YoY
|
-905.08M
-905.08M – -905.08M
+79.3% YoY
|
-524.00M
-524.00M – -524.00M
+42.1% YoY
|
-571.63M
-571.63M – -571.63M
-9.1% YoY
|
-333.45M
-333.45M – -333.45M
+41.7% YoY
|
| SGA |
8.68B
est: 347.35M (+2,397.7%)
|
954.49M
est: 10.90B (-91.2%)
|
2.53B
est: 8.80B (-71.3%)
|
898.06M
est: 10.57B (-91.5%)
|
1.20B
est: 11.22B (-89.3%)
|
1.21B
est: 11.06B (-89.0%)
|
809.44M
est: 10.47B (-92.3%)
|
341.15M
est: 9.94B (-96.6%)
|
315.17M
est: 10.08B (-96.9%)
|
281.76M
est: 10.88B (-97.4%)
|
216.48M
est: 10.86B (-98.0%)
|
293.53M
est: 512.68M (-42.7%)
|
797.76M
est: 333.41M (+139.3%)
|
370.87M
370.87M – 370.87M
+11.2% YoY
|
358.43M
358.43M – 358.43M
-3.4% YoY
|
391.05M
391.05M – 391.05M
+9.1% YoY
|
379.75M
379.75M – 379.75M
-2.9% YoY
|
396.21M
396.21M – 396.21M
+4.3% YoY
|
416.64M
416.64M – 416.64M
+5.2% YoY
|
| EPS |
2.88
est: 3.21 (-10.2%)
|
1.09
est: 2.20 (-50.4%)
|
4.68
est: 4.86 (-3.7%)
|
2.38
est: 2.89 (-17.6%)
|
-8.08
est: -8.10 (+0.2%)
|
-24.21
est: -10.20 (-137.4%)
|
-11.28
est: -9.20 (-22.6%)
|
-1.77
est: -1.90 (+6.8%)
|
-11.63
est: -1.10 (-957.3%)
|
1.47
est: -1.20 (+222.5%)
|
4.15
est: -0.70 (+692.9%)
|
3.69
|
4.20
est: -8.10 (+151.9%)
|
-10.20
-10.20 – -10.20
-25.9% YoY
|
-9.20
-9.20 – -9.20
+9.8% YoY
|
-1.90
-1.90 – -1.90
+79.3% YoY
|
-1.10
-1.10 – -1.10
+42.1% YoY
|
-1.20
-1.20 – -1.20
-9.1% YoY
|
-0.70
-0.70 – -0.70
+41.7% YoY
|
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-06-12 | A- | 4/5 | 2/5 | 3/5 | 4/5 | 4/5 | 3/5 | 5/5 |
| 2026-06-11 | A- | 4/5 | 2/5 | 3/5 | 4/5 | 4/5 | 3/5 | 5/5 |
| 2026-06-10 | A- | 4/5 | 2/5 | 3/5 | 4/5 | 4/5 | 3/5 | 5/5 |
| 2026-06-09 | A- | 4/5 | 2/5 | 3/5 | 4/5 | 4/5 | 3/5 | 5/5 |
| 2026-06-08 | A- | 4/5 | 2/5 | 3/5 | 4/5 | 4/5 | 3/5 | 5/5 |
| 2026-06-05 | A- | 4/5 | 2/5 | 3/5 | 4/5 | 4/5 | 3/5 | 5/5 |
| 2026-06-04 | A- | 4/5 | 2/5 | 3/5 | 4/5 | 4/5 | 3/5 | 5/5 |
| 2026-06-03 | A- | 4/5 | 2/5 | 3/5 | 4/5 | 4/5 | 3/5 | 5/5 |
| 2026-06-02 | A- | 4/5 | 2/5 | 3/5 | 4/5 | 4/5 | 3/5 | 5/5 |
| 2026-06-01 | A- | 4/5 | 2/5 | 3/5 | 4/5 | 4/5 | 3/5 | 5/5 |
| 2026-05-29 | A- | 4/5 | 2/5 | 3/5 | 4/5 | 4/5 | 3/5 | 5/5 |
| 2026-05-27 | A | 4/5 | 3/5 | 3/5 | 4/5 | 4/5 | 3/5 | 5/5 |
| 2026-05-26 | A | 4/5 | 3/5 | 3/5 | 4/5 | 4/5 | 3/5 | 5/5 |
| 2026-05-25 | A- | 4/5 | 3/5 | 3/5 | 4/5 | 4/5 | 3/5 | 4/5 |
| 2026-05-22 | A- | 4/5 | 2/5 | 3/5 | 4/5 | 4/5 | 3/5 | 4/5 |
| 2026-05-21 | A- | 4/5 | 2/5 | 3/5 | 4/5 | 4/5 | 3/5 | 4/5 |
| 2026-05-20 | A- | 4/5 | 2/5 | 3/5 | 4/5 | 4/5 | 3/5 | 4/5 |
| 2026-05-19 | A- | 4/5 | 2/5 | 3/5 | 4/5 | 4/5 | 3/5 | 4/5 |
| 2026-05-18 | A- | 4/5 | 2/5 | 3/5 | 4/5 | 4/5 | 3/5 | 4/5 |
| 2026-05-15 | A- | 4/5 | 2/5 | 3/5 | 4/5 | 4/5 | 3/5 | 4/5 |
| 2026-05-14 | A- | 4/5 | 2/5 | 3/5 | 4/5 | 4/5 | 3/5 | 4/5 |
| 2026-05-13 | A- | 4/5 | 2/5 | 3/5 | 4/5 | 4/5 | 3/5 | 4/5 |
| 2026-05-12 | A- | 4/5 | 2/5 | 3/5 | 4/5 | 4/5 | 3/5 | 4/5 |
| 2026-05-11 | A- | 4/5 | 2/5 | 3/5 | 4/5 | 4/5 | 3/5 | 4/5 |
| 2026-05-08 | A- | 4/5 | 2/5 | 3/5 | 4/5 | 4/5 | 3/5 | 5/5 |
| 2026-05-07 | A- | 4/5 | 2/5 | 3/5 | 4/5 | 4/5 | 3/5 | 5/5 |
| 2026-05-06 | A- | 4/5 | 2/5 | 3/5 | 4/5 | 4/5 | 3/5 | 5/5 |
| 2026-05-05 | A- | 4/5 | 2/5 | 2/5 | 4/5 | 4/5 | 4/5 | 5/5 |
| 2026-05-04 | A- | 4/5 | 2/5 | 2/5 | 4/5 | 4/5 | 4/5 | 5/5 |
| 2026-04-30 | B+ | 3/5 | 2/5 | 2/5 | 4/5 | 3/5 | 3/5 | 4/5 |
| 2026-04-29 | B+ | 3/5 | 2/5 | 2/5 | 4/5 | 3/5 | 3/5 | 4/5 |
| 2026-04-28 | B+ | 3/5 | 2/5 | 2/5 | 4/5 | 3/5 | 3/5 | 4/5 |
| 2026-04-27 | B+ | 3/5 | 2/5 | 2/5 | 4/5 | 3/5 | 3/5 | 4/5 |
| 2026-04-24 | B+ | 3/5 | 2/5 | 2/5 | 4/5 | 3/5 | 3/5 | 4/5 |
| 2026-04-23 | B+ | 3/5 | 2/5 | 2/5 | 4/5 | 3/5 | 3/5 | 4/5 |
| 2026-04-22 | B+ | 3/5 | 2/5 | 2/5 | 4/5 | 3/5 | 3/5 | 4/5 |
| 2026-04-21 | B+ | 3/5 | 3/5 | 2/5 | 4/5 | 3/5 | 3/5 | 4/5 |
| 2026-04-20 | B+ | 3/5 | 2/5 | 2/5 | 4/5 | 3/5 | 3/5 | 4/5 |
| 2026-04-17 | B | 3/5 | 3/5 | 2/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-04-16 | B | 3/5 | 3/5 | 2/5 | 4/5 | 1/5 | 3/5 | 4/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
-144.29M
OE per share TTM
-0.30
Owner's Yield
-1.11%
Maintenance CapEx ratio
7.98%
Maint CapEx / Avg PPE
36.7%
Ownership Overview
Ownership breakdown
Ownership breakdown not available.
At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional ownership trend
Institutional history not available.
Top institutional holders
Top holders not available.
ETF Ownership
Top ETFs holding this stock
This company is not held by any ETF in our universe.
Insider Activity
Insider Activity — Latest Quarter
No insider activity available.
Insider buys vs sells (history)
Insider history not available.
Recent insider transactions
No recent insider transactions.
Executive team
Top executives
EBIT / Employee
3.43M
Shares Outstanding
476.77M
Executive compensation
Executive compensation (annual)
Executive compensation not available.
CEO compensation breakdown
No CEO compensation history available.
Proxy statements
Proxy statements (DEF 14A)
No proxy statements available for this company yet.
Recent SEC filings
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Shailender Nath Sharma | Chief Executive Officer | 53M | male |
| Satyendra Jindal | Chief Financial Officer | 7M | male |
| Munish Singla | Sr. Vice President of F&A | — | male |
| Niti Gupta | General Manager of Human Resources | — | female |
| Amrendra Kumar ITIL | Head of IT | — | male |
| Rajiv Kumar Tiwari | General Manager of Legal | — | male |
| Omesh Uppal | Chief Operating Officer | — | male |
| Hema Kumari | Company Secretary & Compliance Officer | — | female |
ESG Score History
No data available for this company.
Senate Trading Activity
No Senate trading activity found for this company.
House Trading Activity
No House trading activity found for this company.
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for DEN.NS
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
