Den Networks Limited

NSE: DEN · Unclassified

₹26.12-2.06%06 Nov 2026

Ask the data

Instant answers about Den Networks Limited — computed from its filings, no language model

Market cap₹1,245 cr

Current price₹26.12

High / Low₹34 / ₹23

P/E8.3

P/B0.32

Book value₹80.9

ROE3.9%

ROCE5.0%

Debt / equity0.00

Dividend yield—

EPS (TTM)₹3.14

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 9 periods

	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	1,285	1,206	1,291	1,307	1,226	1,130	1,081	1,005	974
EBITDA	278	183	212	256	203	152	155	112	68
Operating margin	21.7%	15.1%	16.4%	19.6%	16.6%	13.5%	14.3%	11.1%	7.0%
Interest	66	59	32	3	0	1	3	2	2
Depreciation	249	242	247	251	148	119	113	106	91
Profit before tax	-7	-282	109	193	176	144	246	248	208
Tax	10	13	51	-3	3	-93	32	52	42
Net profit	-34	-277	70	198	176	243	215	200	166
EPS ₹	-1.77	-11.63	1.47	4.15	3.69	5.09	4.50	4.20	3.48
Operating cash flow	—	—	—	—	129	139	84	18	-17
Capex	—	—	—	—	103	99	54	41	41
Dividend paid	—	—	—	—	0	2	3	1	0
Total assets	—	—	—	—	—	3,759	3,927	4,142	4,283
Equity	—	—	—	—	—	3,207	3,420	3,620	3,785

Quarterly performance

last 34 quarters · ₹ crore

showing latest 8 of 34 periods

	MAR '18	SEP '18	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	315	310	308	273	313	332	318	328	301	338	342	326	303	325	294	303	283	287	277	283	273	277	273	258	248	249	261	248	241	241	251	241	243	233
Operating profit	57	51	48	37	41	49	58	64	64	62	65	65	48	50	50	55	41	38	37	36	31	43	41	40	28	28	28	28	21	19	13	15	13	10
Operating margin	18.0%	16.4%	15.6%	13.7%	13.2%	14.6%	18.3%	19.4%	21.2%	18.5%	19.0%	19.9%	15.7%	15.5%	17.1%	18.1%	14.4%	13.1%	13.5%	12.8%	11.3%	15.6%	14.9%	15.5%	11.4%	11.2%	10.6%	11.5%	8.7%	7.9%	5.2%	6.4%	5.2%	4.3%
Other income	8	5	5	28	51	42	41	41	63	41	57	29	33	34	28	26	4	39	42	27	50	52	51	55	55	69	55	65	71	52	57	53	55	61
Interest	19	15	14	14	18	6	4	4	2	1	0	0	0	0	0	0	0	0	1	1	1	1	1	1	1	1	1	0	1	0	0	0	0	0
Depreciation	62	63	64	52	58	75	57	57	63	62	64	61	40	39	36	33	32	28	30	29	28	29	28	28	26	27	26	26	24	23	23	21	20	19
Profit before tax	-17	-22	-25	-212	17	10	38	44	62	41	58	33	41	45	42	48	13	48	49	34	52	65	63	66	57	69	56	66	67	47	46	47	48	52
Tax	-11	3	5	2	4	2	27	18	0	0	-2	-1	0	1	-0	2	1	0	0	-95	8	18	14	-8	12	17	14	9	11	11	8	13	12	12
Net profit	-11	-28	-32	-186	11	15	19	25	59	37	66	37	41	39	45	50	13	48	49	134	43	46	47	79	46	52	40	62	54	35	38	38	37	36
EPS ₹	-0.56	-1.44	-1.66	-5.03	0.24	0.30	0.41	0.52	1.23	0.77	1.38	0.78	0.86	0.83	0.95	1.05	0.27	1.00	1.03	2.80	0.89	0.96	0.99	1.66	0.95	1.09	0.85	1.30	1.14	0.74	0.80	0.81	0.77	0.76
Revenue YoY	—	—	—	-13.3%	—	7.1%	3.1%	20.0%	-3.8%	1.6%	7.6%	-0.5%	0.6%	-3.7%	-14.0%	-7.0%	-6.5%	-11.6%	-5.9%	-6.8%	-3.6%	-3.7%	-1.4%	-8.8%	-9.4%	-10.0%	-4.5%	-3.8%	-2.5%	-3.1%	-3.7%	-3.0%	0.6%	-3.7%
Profit YoY	—	—	—	—	—	—	—	—	422.3%	149.9%	238.7%	50.0%	-29.8%	7.2%	-30.7%	35.1%	-68.8%	20.6%	7.9%	167.2%	232.2%	-3.9%	-3.5%	-40.8%	6.8%	13.9%	-14.7%	-21.4%	19.1%	-32.4%	-5.8%	-38.2%	-32.3%	3.7%

Earlier results (standalone, Dec '09 – Dec '17)

₹ crore · from BSE, before the NSE XBRL filings begin

Den Networks Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†
Revenue	338	434	702	867	847	1,060	981
Operating profit	35	47	136	103	-25	-15	36
Operating margin	10.4%	10.9%	19.4%	11.9%	-3.0%	-1.4%	3.6%
Other income	16	18	25	70	97	84	48
Interest	19	26	45	83	77	76	63
Depreciation	26	31	50	85	109	148	213
Profit before tax	6	8	64	-4	-113	-204	-257
Tax	-1	1	19	-9	-3	1	0
Net profit	7	8	45	5	-110	-205	-257

Quarters

showing latest 8 of 33 periods

	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†
Revenue	84	90	75	80	85	98	102	102	107	123	131	147	185	239	241	177	208	240	225	231	179	211	207	232	227	394	239	232	245	266	280	271	269
Operating profit	14	24	5	7	6	17	9	11	13	15	29	27	48	31	6	24	28	45	11	-0	-4	-32	-32	-35	25	28	5	-2	16	17	26	39	40
Operating margin	16.5%	26.3%	6.5%	9.0%	6.8%	17.5%	8.4%	11.2%	11.9%	11.9%	22.3%	18.7%	26.2%	13.0%	2.3%	13.5%	13.7%	18.8%	4.9%	-0.1%	-2.1%	-15.1%	-15.3%	-15.3%	10.8%	7.0%	1.9%	-0.8%	6.4%	6.4%	9.4%	14.2%	14.9%
Other income	2	3	3	3	5	4	5	5	4	5	5	11	1	8	10	8	26	26	21	25	26	25	30	26	15	13	11	8	13	17	9	7	10
Interest	5	5	5	4	5	5	5	7	7	8	10	9	11	15	19	21	23	19	19	21	22	15	17	20	18	22	23	13	20	8	14	16	14
Depreciation	6	6	6	7	7	7	7	7	8	8	9	10	14	16	20	22	19	24	25	27	28	28	30	33	36	50	50	52	53	58	45	37	35
Profit before tax	5	16	-3	-1	-0	9	1	2	2	3	15	20	25	4	-24	-11	3	28	-12	-24	-28	-50	-49	-61	-14	-80	-57	-74	-73	-52	-39	-7	0
Tax	0	-1	-1	0	0	0	0	0	0	1	3	5	8	3	-11	-5	-0	8	-2	-2	-0	1	-1	0	0	2	-0	-9	-1	10	0	0	0
Net profit	5	18	-2	-1	-0	9	1	2	2	2	12	14	17	1	-13	-6	4	20	-10	-22	-27	-51	-48	-61	-14	-82	-57	-65	-72	-62	-39	-7	0
EPS ₹	0.45	1.57	-0.15	-0.05	-0.02	0.72	0.08	0.15	0.17	0.18	0.90	1.08	1.29	0.11	-0.89	-0.42	0.24	1.24	-0.57	-1.22	-2.75	-2.88	-2.67	-3.44	-0.80	-4.59	-3.19	-3.70	-3.78	-3.19	-2.00	-0.33	0.01
Revenue YoY	—	—	—	—	1.3%	9.7%	35.3%	27.6%	26.4%	25.5%	28.8%	43.7%	72.3%	94.1%	84.0%	20.9%	12.3%	0.5%	-6.8%	30.3%	-13.6%	-12.1%	-8.1%	0.3%	26.7%	86.6%	15.6%	-0.1%	7.7%	-32.6%	17.2%	17.0%	9.8%
Profit YoY	—	—	—	—	-104.6%	-46.8%	—	—	—	-74.1%	1000.9%	620.9%	673.3%	-38.4%	-205.9%	-141.5%	-78.2%	1245.6%	—	—	-830.6%	-355.6%	—	—	—	—	—	—	—	—	—	—	—

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 30 periods

	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	—	—	—	—	—	—	—	—	—	—	—	—	—	5.2%	5.3%	7.6%	8.5%	8.2%	8.2%	6.3%	6.4%	6.4%	6.2%	5.5%	5.8%	5.2%	5.1%	4.4%	3.9%	3.9%
ROCE	—	—	—	—	—	—	—	—	—	—	—	—	—	5.0%	5.3%	4.5%	5.8%	6.1%	6.6%	7.3%	7.4%	7.3%	7.1%	6.9%	7.2%	6.4%	6.2%	5.5%	5.0%	5.0%
Net margin	-19.5%	-15.7%	-11.4%	5.4%	9.2%	10.9%	14.2%	15.1%	13.8%	14.1%	13.1%	14.4%	12.2%	13.3%	13.8%	21.5%	24.3%	24.4%	24.3%	19.9%	20.6%	21.8%	21.4%	19.9%	20.9%	19.4%	19.3%	17.0%	15.2%	15.5%
EBITDA margin	14.7%	14.3%	15.0%	16.4%	18.3%	19.3%	19.5%	19.6%	18.3%	17.6%	17.1%	16.6%	16.3%	15.7%	14.9%	13.5%	12.7%	13.3%	13.6%	14.3%	14.4%	13.3%	12.2%	11.1%	10.5%	9.7%	8.3%	7.0%	6.2%	5.3%
Debt / equity	—	—	—	—	—	—	—	—	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest coverage	-3.04	-3.08	-2.52	4.41	10.30	17.52	31.14	58.64	157.81	491.56	459.26	607.79	530.04	720.52	194.04	103.54	87.09	79.72	85.82	96.84	105.31	111.46	112.25	119.82	125.03	117.77	116.59	110.78	108.66	122.50
Asset turnover	—	—	—	—	—	—	—	—	—	—	—	—	—	0.32	0.32	0.30	0.30	0.28	0.28	0.28	0.27	0.25	0.25	0.24	0.24	0.23	0.23	0.23	0.23	0.22

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 9 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	477	477	477	477	477	477	477	477	477
Other equity / reserves	2,532	2,731	2,817	2,943	3,040	3,143	3,232	3,308	3,381
Total equity	3,009	3,207	3,294	3,420	3,517	3,620	3,709	3,785	3,858
Borrowings	0	0	0	0	0	0	0	0	0
Current liabilities	463	432	494	410	459	445	517	424	537
Non-current liabilities	85	70	61	53	48	38	35	33	25
Total assets	3,614	3,759	3,894	3,927	4,065	4,142	4,301	4,283	4,458
Property, plant & equipment	412	403	383	353	329	307	280	251	218
Capital work-in-progress	24	29	21	18	21	14	12	8	7
Investments	1,871	1,426	2,094	1,709	2,186	1,516	1,652	210	419
Inventories	0	0	0	0	0	0	0	0	0
Receivables	123	87	142	109	144	150	134	107	153
Cash & equivalents	25	16	16	27	24	16	10	20	11

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25	FY26
Cash from operations	129	139	84	18	-17
Cash from investing	-258	-54	-66	-22	24
Cash from financing	96	-115	-7	-7	-3
Capex	103	99	54	41	41
Free cash flow	26	40	30	-23	-58
Dividends paid	0	2	3	1	0

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹218 cr5%

CWIP

₹7 cr0%

Investments

₹419 cr9%

Receivables

₹153 cr3%

Cash & equivalents

₹11 cr0%

Other assets

₹3,649 cr82%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Den Networks Limited	1,245	26.12	8.3	0.32	3.9%

StoxGud checklist: Neutral setup · 4/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month+0.1%

6 months-7.3%

1 year-22.4%

3Y CAGR-21.9%

5Y CAGR-10.0%

10Y CAGR-10.3%

50-day avg₹26.25

200-day avg₹27.46

RSI (14)50

FAQs

What is the share price of Den Networks Limited?

Den Networks Limited (DEN) closed at ₹26.12 on NSE on 06 Nov 2026.

What is the market cap of Den Networks Limited?

₹1,245 crore at the latest close.

What is the P/E ratio of Den Networks Limited?

8.3, on trailing-twelve-month earnings from its filings.

How fast is Den Networks Limited growing?

Den Networks Limited: revenue has compounded at -4.8% a year over three years; net profit at -12.0% a year. Latest-quarter revenue is down 3.7% year on year, profit up 3.7%.

How profitable is Den Networks Limited?

On a trailing-twelve-month basis return on equity is 3.9%, return on capital employed 5.0%, operating margin 5.3%, net margin 15.5%.

How much debt does Den Networks Limited have?

Den Networks Limited is debt-free: debt to equity is 0.00 with borrowings of ₹0 cr against cash of ₹11 cr (balance sheet of 2026-09-30). Operating profit covers interest 122.5 times.

Financials parsed from Den Networks Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from MAR '18, annual from FY18, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.