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DEN Networks Ltd
Previous close
₹42.75
Day range
₹42.61 - ₹43.49
Year range
₹42.16 - ₹69.40
Market cap
20.60B INR
Avg Volume
1.20M
P/E ratio
9.20
Dividend yield
-
Primary exchange
NSE
Market news
Financials
Income Statement
Revenue
Net income
(INR) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 2.49B | -9.95% |
Operating expense | 1.08B | -5.60% |
Net income | 520.51M | 13.94% |
Net profit margin | 20.90 | 26.59% |
Earnings per share | — | — |
EBITDA | 269.77M | -36.90% |
Effective tax rate | 25.03% | — |
Balance Sheet
Total assets
Total liabilities
(INR) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 30.50B | 7.43% |
Total assets | 40.65B | 4.39% |
Total liabilities | 5.07B | -8.58% |
Total equity | 35.59B | — |
Shares outstanding | 477.53M | — |
Price to book | 0.58 | — |
Return on assets | — | — |
Return on capital | 0.03% | — |
Cash Flow
Net change in cash
(INR) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 520.51M | 13.94% |
Cash from operations | — | — |
Cash from investing | — | — |
Cash from financing | — | — |
Net change in cash | — | — |
Free cash flow | — | — |
About
DEN Networks Limited is an Indian cable television and broadband service provider company in India. It is owned by Sameer Manchanda and was acquired by Reliance Industries in 2018 along with Hathway. In 2003, it stood as one of the three major cable distributors in India alongside Hathway and InCablenet.
On 17 October 2018, Reliance Industries announced that it had acquired a 66% stake in DEN for ₹2,290 crore. The shares would be held through multiple Reliance subsidiaries including Jio Futuristic Digital Holdings Private Limited, Jio Digital Distribution Holdings Private Limited, Jio Television Distribution Holdings Private Limited, Reliance Industries Limited Digital Media Distribution Trust, Reliance Content Distribution Limited and Reliance Industrial Investments and Holdings Limited. At the time of the acquisition, DEN had 106,000 broadband subscribers. The acquisition received approval from the Competition Commission of India in January 2019. Reliance acquired an additional 12.05% stake in DEN in March 2019 taking its total stake in the company to 78.62%. Wikipedia
CEO
Founded
2007
Website
Employees
491