DEN
Den Networks Limited (DEN) Stock Analysis
Den Networks Limited is an Indian cable TV and broadband distribution company. It provides television and internet services to households through last-mile networks. Competition from DTH and fibre impacts subscriber trends in India. The company is listed on Indian stock exchanges and operates from India.
Communication Services › Entertainment
₹26.10
+1.16% 1W | -20.40% 52W
Market Cap
1.2k CR
P/E Ratio
8.3
52W High
₹34.4
52W Low
₹22.5
Div. Yield
0%
Beta
0.6
50 DMA
₹27
200 DMA
₹27.8
Profit Margin
15.5%
Inst. Own.
0.1%
🔥 APPROACHING RESISTANCE
🔥 APPROACHING RESISTANCE
Fundamentals
Profit & Loss
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 277 | 273 | 258 | 248 | 249 | 261 | 248 | 241 | 241 | 251 | 241 | 243 | 233 |
| Expenses | 235 | 233 | 218 | 221 | 221 | 233 | 220 | 222 | 223 | 238 | 225 | 231 | 225 |
| Operating Profit | 42 | 40 | 40 | 27 | 28 | 27 | 28 | 19 | 18 | 13 | 15 | 12 | 7 |
| OPM % | 15% | 15% | 16% | 11% | 11% | 10% | 11% | 8% | 7% | 5% | 6% | 4.7% | 3.1% |
| Other Income | 52 | 51 | 57 | 55 | 69 | 55 | 67 | 71 | 52 | 58 | 55 | 55 | 61 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 29 | 28 | 28 | 26 | 27 | 26 | 26 | 24 | 23 | 23 | 21 | 20 | 19 |
| Profit before tax | 64 | 62 | 69 | 55 | 69 | 55 | 69 | 65 | 46 | 48 | 49 | 46 | 49 |
| Tax % | 29% | 23% | -12% | 22% | 25% | 24% | 13% | 17% | 24% | 16% | 26% | 26% | 25% |
| Net Profit | 46 | 48 | 77 | 43 | 52 | 42 | 60 | 54 | 35 | 40 | 36 | 35 | 37 |
| EPS in Rs | 0.96 | 0.99 | 1.66 | 0.95 | 1.09 | 0.84 | 1.30 | 1.14 | 0.74 | 0.80 | 0.80 | 0.77 | 0.76 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,130 | 948 | 1,157 | 1,285 | 1,206 | 1,291 | 1,307 | 1,226 | 1,130 | 1,081 | 1,005 | 974 | 967 |
| Expenses | 1,037 | 1,123 | 981 | 1,007 | 1,029 | 1,079 | 1,058 | 1,024 | 979 | 927 | 893 | 904 | 920 |
| Operating Profit | 93 | -176 | 176 | 278 | 177 | 212 | 250 | 202 | 152 | 154 | 112 | 70 | 47 |
| OPM % | 8% | -19% | 15% | 22% | 15% | 16% | 19% | 16% | 13% | 14% | 11% | 7% | 4.9% |
| Other Income | 88 | 51 | 10 | 30 | -165 | 176 | 190 | 120 | 112 | 206 | 244 | 231 | 229 |
| Interest | 82 | 79 | 65 | 66 | 59 | 32 | 3 | 0 | 1 | 3 | 2 | 2 | 2 |
| Depreciation | 186 | 206 | 276 | 249 | 242 | 247 | 251 | 148 | 119 | 113 | 106 | 91 | 82 |
| Profit before tax | -88 | -409 | -155 | -7 | -288 | 110 | 186 | 174 | 143 | 245 | 249 | 208 | 193 |
| Tax % | 38% | 5% | 21% | 139% | 4% | 47% | -2% | 2% | -65% | 13% | 21% | 20% | |
| Net Profit | -122 | -431 | -188 | -17 | -301 | 59 | 189 | 171 | 236 | 213 | 197 | 166 | 148 |
| EPS in Rs | -8.08 | -24.21 | -10.74 | -1.76 | -5.81 | 1.47 | 4.15 | 3.69 | 5.09 | 4.50 | 4.19 | 3.47 | 3.13 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | -5.0% | -6.0% | 0.0% |
| Profit CAGR | -39.0% | -8.0% | 8.0% |
Shareholding Pattern
Promoters74.91%
FIIs0.63%
DIIs0.14%
Public24.23%
Promoters74.90%
FIIs0.49%
DIIs0.14%
Public24.40%
Promoters74.90%
FIIs0.51%
DIIs0.14%
Public24.36%
Promoters74.90%
FIIs0.46%
DIIs0.14%
Public24.42%
Promoters74.90%
FIIs0.35%
DIIs0.05%
Public24.61%
Promoters74.91%
FIIs1.08%
DIIs0.19%
Public23.74%
Promoters74.91%
FIIs1.11%
DIIs0.18%
Public23.72%
Promoters74.91%
FIIs0.82%
DIIs0.14%
Public24.05%
Promoters74.90%
FIIs0.46%
DIIs0.14%
Public24.42%
Promoters74.90%
FIIs0.35%
DIIs0.05%
Public24.61%
DEN
Holdings Analysis
Key strengths & risk signals
47
Overall
42
Fundamental
53
Technical
Risks (4)
Cannot calculate PEG - insufficient growth data.
POOR YEAR! Stock declined 20.4% in the last year.
WEAK POSITION! Current price (26.1) is below both moving averages.
BEARISH TREND! 50-day average (27.0) is below 200-day average (27.8) - negative signal.
Strengths (4)
GOOD EFFICIENCY! 15.5% profit margin - above average profitability.
LOW VOLATILITY! Beta of 0.60 - stable stock, less market risk.
BULLISH SENTIMENT! In last 30 days: 13 up days, 17 down days. Avg volume on up days: 373,483 vs down days: 302,900. Ratio: 1.23x
NEUTRAL! RSI at 48.1 - balanced momentum.
Fundamental & Technical Analysis
47Overall
42Fundamental
53Technical
Fundamental Breakdown
Growth Quality
4/30
Revenue CAGR: -6.0% (DECLINING, 2/15). Profit CAGR: -8.0% (DECLINING, 2/15).
Profit Margin
6/10
GOOD EFFICIENCY! 15.5% profit margin - above average profitability.
PEG Valuation
1/10
Cannot calculate PEG - insufficient growth data.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.01 - excellent financial health.
Public Holding
14/20
MODERATE PUBLIC HOLDING! 23.57% public ownership - balanced ownership structure.
Stability Index
4/10
UNSTABLE! 3 revenue dips in history. Business growth is inconsistent.
Technical Breakdown
Moving Averages
3/10
BEARISH TREND! 50-day average (27.0) is below 200-day average (27.8) - negative signal.
Price Position
2/10
WEAK POSITION! Current price (26.1) is below both moving averages.
Trend Pattern
10/20
AT RESISTANCE! Stock is at key resistance level.
52W Performance
1/10
POOR YEAR! Stock declined 20.4% in the last year.
Volume Sentiment
25/30
BULLISH SENTIMENT! In last 30 days: 13 up days, 17 down days. Avg volume on up days: 373,483 vs down days: 302,900. Ratio: 1.23x
RSI
3/5
NEUTRAL! RSI at 48.1 - balanced momentum.
52W Range
2/5
LOWER HALF! Trading at 30.3% of 52W range - weakness visible.
Momentum
2/5
WEAK MOMENTUM! Limited price growth - 1.2% (1 week), -1.0% (1 month), -4.3% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.60 - stable stock, less market risk.
Peer Comparison
Communication Services · Entertainment · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DEN | ₹26.10 | 8.3 | 15.5% | -6.0% | -8.0% | -20.4% | 47 | APPROACHING RESISTANCE | – | +0.8% | – | -4.0% |
| BALAJITELE | ₹90.80 | – | -5.5% | -29.0% | – | -18.3% | 43 | APPROACHING SUPPORT | -487.9% | -259.6% | +230.1% | +404.8% |
| GTPL | ₹56.10 | – | -0.1% | 9.0% | -39.0% | -46.1% | 50 | APPROACHING SUPPORT | – | -254.3% | – | +12.6% |
| HATHWAY | ₹9.90 | 26.2 | 3.1% | 4.0% | -16.0% | -19.8% | 59 | BREAKOUT | – | -59.2% | – | +0.5% |
| NDLVENTURE | ₹118.50 | 515.1 | 711.1% | – | 49.2% | +44.3% | 60 | APPROACHING SUPPORT | -50.0% | -50.0% | – | – |
| DISHTV | ₹2.10 | – | -90.9% | -20.0% | – | -54.0% | 29 | CONSOLIDATION | +203.0% | -5.8% | -19.3% | +9.3% |
| CINELINE | ₹91.40 | 25.3 | 4.9% | 19.0% | 87.4% | +10.6% | 73 | CONSOLIDATION | -42.9% | -136.4% | +30.9% | -4.7% |
| SHEMAROO | ₹103.30 | – | -31.4% | 1.3% | – | -6.7% | 42 | BREAKDOWN | -82.3% | -88.8% | -5.6% | -5.6% |
Data from TradeAlone · Updated daily
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