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Den Networks Ltd share Price Today

Company details

56.00
57.90
32.95
69.40
6M Return -1.37%
1Y Return 67.25%
Mkt Cap.(Cr) 2,741.65
Volume 4,264,101
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 4,264,101

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Broadcasting & Cable TV company Den Networks announced Q4FY24 results:

Consolidated Q4FY24:

  • Total revenue is at Rs 258 crore.
  • Earnings before interest, taxes, depreciation, and amortization (EBITDA) is at Rs 40 crore.
  • PAT is at Rs 77 crore.
  • Cash & Cash Equivalents at Rs 2,931 crore.

Result PDF

View Other Company Results

Den Networks Ltd shares SWOT Analysis

Strengths (8)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Company with No Debt

Weakness (4)

  • Degrowth in Revenue and Profit
  • Degrowth in Quarterly Revenue and Profit in Recent Results(YoY)
  • Declining Revenue every quarter for the past 2 quarters

Opportunity (1)

  • RSI indicating price strength

Threats (0)

Data not found

Resistance and support

R1 58.4
R2 60.5
R3 63.4
Pivot

55.48

S1 53.4
S2 50.5
S3 48.4
EMA SMA
51.7
51.6
52.2
50.7
51.1
51.1
53.4
53.2
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-01-10 66.9 3579627 NSE
HRTI PRIVATE LIMITED Bulk Purchase 2024-01-10 66.68 2636112 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2024-01-10 66.9 3579627 NSE
Name Category Shares
SAMEER MANCHANDA PROMOTER 3.69%
KAVITA MANCHANDA PROMOTER 0.79%
JIO FUTURISTIC DIGITAL HOLDINGS PRIVATE LIMITED PROMOTER 35.94%
JIO TELEVISION DISTRIBUTION HOLDINGS PRIVATE LIMITED PROMOTER 15.47%
JIO DIGITAL DISTRIBUTION HOLDINGS PRIVATE LIMITED PROMOTER 15.02%
LUCID SYSTEMS PRIVATE LIMITED PROMOTER 3.35%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Den Networks Ltd Stocks COMPARISON

Financials( in Cr) Den Networks Ltd Sun TV Network Ltd Zee Entertainment Enterprises Ltd PVR Inox Ltd Saregama India Ltd
Price 57.45 774.20 155.65 1,384.10 554.80
% Change 1.97 0.96 0.85 -0.46 -0.36
Mcap Cr 2,741.65 30,510.06 14,950.48 13,582.73 10,697.04
Revenue TTM Cr 1,130.47 3,772.05 8,087.90 3,750.65 736.62
Net Profit TTM Cr 236.36 1,706.92 47.80 -336.40 185.05
PE TTM 12.54 15.68 45.67 0.00 54.32
1 Year Return 67.25 74.74 -15.98 -2.73 74.05
ROCE 2.35 25.98 7.84 0.00 20.24
ROE 4.74 19.59 0.35 0.00 14.82
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 3,207.37 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 33,341.08 2,221.69
LAST 3M 102,344.89 -28,029.53
LAST 6M 175,303.31 -12,219.28
LAST 12M 288,302.63 96,022.29

Den Networks Ltd Information

Stock PE (TTM)
12.54
Promoter Holding
74.9%
Book Value
71.6763
ROCE
2.35%
ROE
4.74%
Description
  • Den Networks Limited was incorporated in India on 10 July, 2007 and is primarily engaged in distribution of television channels through digital cable distribution network and provision of broadband services. The Company changed status from a Private Limited Company to a Public Limited Company on 15 April, 2008 thereby changing its 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, it has emerged as the larges national level MSO (Multi System Operator) in India. DEN Networks Limited is India`s largest cable TV distribution company, founded and promoted by Industry veteran Sameer Manchanda. DEN serves an estimated 11 million subscribers in over 115 cities across 13 major Indian states. DEN serves the majority of cable TV subscribers in Delhi, Uttar Pradesh and Karnataka and has a large presence in Maharashtra, Gujarat, Rajasthan, Madhya Pradesh, Haryana, Uttarakhand and Kerala. DEN continues to expand its presence in India and has entered important cities and towns in West Bengal, Jharkhand and Bihar. DEN has partnered with the Star, Zee and Turner groups in the Media Pro Joint venture. MediaPro is India`s leading content aggregation and distribution Company offering over 70 leading pay TV channels including all Star, Zee, Turner and NDTV channels. The company`s digital cable offering, with their feature-rich user interface and a portfolio of cutting edge value added services is widely regarded as India`s best. Their digital cable offering includes over 180 leading channels, a multi-genre digital music service, blog.Telly (India`s first micro blogging service on TV) and interactive games. The company operates between one and three own brand television channels from each of their head-ends, which are telecast exclusively on their cable distribution network. These channels primarily telecast films, music, devotional programmes or local events and news. They have the rights to telecast more than 4,000 films on their network. They have obtained an all-India ISP license and have commenced a limited roll out of broadband internet services in select areas. In October 12, 2007, the company entered into a partnership with Priya Mukherjee through a partnership deed for establishing Creative Cable Network. In January 14, 2008, the company entered into a joint venture agreement with Star India Pvt Ltd and formed a 50:50 joint venture company, STAR-DEN, to operate a television channel distribution business in India, Nepal and Bhutan. In February 2008, the company launched their digital cable television services under the brand, Digitelly. They also obtained a non-exclusive license from the DoT to set up and operate internet services all over India. In March 2008, they imported fist set of set top boxes. In April, 15, 2008, the company was converted into public limited company and the name was changed to DEN Digital Entertainment Networks Ltd. In June 27, 2008, the name of the company was changed from DEN Digital Entertainment Networks Ltd to DEN Networks Ltd. In August 2008, the company obtained a license to operate the conditional access system in Delhi and Mumbai. During the year 2009-10, the company issued and allotted 18,567,240 equity shares of face value of Rs 10 each, pursuant to the Initial Public Offer (IPO), which were admitted for listing and trading on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) with effect from November 24, 2009. During the year, the company expanded their analogue cable services to 84 cities and digital cable services to a majority of cities where it present and plans to roll out digital cable television in all of the remaining cities of its operations across the country. They acquired majority stake in the business of 76 MSOs and took their affiliates count to 83. The company was awarded "The Best Indian Cable TV MSO" at the Indian Telly Awards Function held by Indiantelevision.com in June 2010. They have also featured in the Business Standard BS 1000 annual ranking of Indian companies in February 2010 and were ranked among the Top 500 companies by revenues. In October 2010, the company through their subsidiary, IME Networks Pvt Ltd, entered into a 75-25 joint venture with BFTV, Broadcasters of the BabyFirst Channel, a leading international television channel for babies, toddlers and parents. The joint venture will house all rights for Baby First`s businesses in India and other select territories, including the distribution of the channel and related businesses. The company intends to acquire majority stakes in established MSOs in order to consolidate their position in the states in which they already have a presence and to expand into other Indian states that have significant market potential for increased digital cable penetration and high revenue growth. In May 2011, STAR DEN Media Services, a 50:50 joint venture between Star India Private Ltd. and DEN, formed a 50:50 joint venture with Zee Turner for jointly distributing channels of the two entities across India. The joint venture company is called Media Pro Enterprise India Private Limited, which commenced operations from July 2011. In October 2010, IME Networks Private Limited, a subsidiary of DEN, entered into a joint venture with BFTV LLC to distribute the `BabyFirst TV` channel in India and select countries in South Asia. DEN launched its premiere High Definition digital cable service under the brand name of DEN HD in 2012, including real HD channels in video resolution of 1080i and Dolby Digital (5.1 Surround Sound). During the financial year 2013-14, the Company had raised funds of Rs. 9,608.22 million by way of Qualified Institutional Placement (QIP) and Preferential Issue of equity shares. Further, during the current year, the Company has also raised Rs. 1,424.34 million by way of Preferential Issue of equity shares. At the end of FY 2016, DEN converted about 4.4 million subscribers in DAS III and IV. During year 2016, Star Den Media Services Pvt. Ltd. have ceased to be Joint Venture effective from March 30, 2016 and DEN Sports & Entertainment Pvt. Ltd. became an Associate Company through selling of proportionate stake effective from the aforementioned date. During FY 2016-17, the Broadband/ Internet Service Provider (ISP) Business Undertaking of the Company was transferred into DEN Broadband Private Limited effective from April 1 2016. During FY 2016-17, Macro Commerce Pvt. Ltd. became Subsidiary Company pursuant to acquisition of further stake effective on July 15, 2016; Den Digital Cable Network Private Limited, a Subsidiary Company, increased the holdings from 51% to 88.57% effective from March 06, 2017; Delhi Sports & Entertainment Private Limited (Formerly known as Den Sports & Entertainment Private Limited), a Wholly owned subsidiary diluted further 25% Stake in Delhi Sports and the present holding of the Company stood at approx. 19.29% on October 15, 2016; Macro Commerce Pvt. Ltd sold off its entire stake to Pimex Broadcast Private Limited, including the shares held by DEN and Jasper Infotech Private Limited effective on June 05, 2017. During the year 2019-20, the Board of Directors of the Company in Feb` 2020, approved the Composite Scheme of Amalgamation and Arrangement between the Company, Hathway Cable and Datacom Limited, TV18 Broadcast Limited, Network18 Media & Investments Limited, Media18 Distribution Services Limited, Web18 Digital Services Limited and Digital18 Media Limited and their respective Shareholders and Creditor with Appointed Date, i.e., February 1, 2020, which inter - alia provides for amalgamation of the Company, TV18 and Hathway into Network18 and transfer of the cable, broadband and digital businesses by Network18 to it`s 3 separate wholly owned subsidiaries, namely Media18, Web18 and Digital18, respectively.

Registered Address

236 Okhla Industrial Estate, Phase III, New Delhi, Delhi, 110020

Tel : 91-11-40522200
Email : investorgrievance:denonline.in; den:denonline.in
Website : http://www.dennetworks.com
Registrar

KFin Techologies Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 533137
NSE Code : DEN
Book Closure Date (Month) :
BSE Group : B
ISIN : INE947J01015

FAQ’s on Den Networks Ltd Shares

You can buy Den Networks Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Den Networks Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 20, 2024 01:59 PM the closing price of Den Networks Ltd was Rs.57.45.

The latest PE ratio of Den Networks Ltd as of Jun 20, 2024 01:59 PM is 12.54

The latest PB ratio of Den Networks Ltd as of Jun 20, 2024 01:59 PM is 1.27

The 52-week high of Den Networks Ltd share price is Rs. 69.40 while the 52-week low is Rs. 32.95

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 20, 2024 01:59 PM, the market cap of Den Networks Ltd stood at Rs. 2,741.65.

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