Den Networks Ltd (DEN) — shareholding pattern, promoter holding, financials and share price
About Den Networks Ltd (DEN)
Den Networks Ltd operates in the TV Broadcasting & Software Production industry, within the Media, Entertainment & Publication sector. It trades on the NSE as DEN and on the BSE under scrip code 533137. Its ISIN is INE947J01015.
Den network ltd is a mass media & entertainment company that provides visual entertainment to its customers through cable TV, over-the-top (OTT) entertainment, and broadband services. It has curated media content from Various broadcasters across a wide range of genres and entertains 13 million+ households in India across 13 key states and 433 cities and is the Largest Subscriber Base amongst all cable players in India. [1]
DEN Networks Limited is a leading Indian multi-system operator that distributes digital cable television and provides broadband services; it operates through DEN Broadband Limited and historically grew via acquisition to serve millions of subscribers across a nationwide footprint, offering digital cable packages, proprietary channels and value-added services such as DEN HD and a feature-rich UI.
Q4 FY25-26 consolidated results show Revenue of Rs.241 crore, EBITDA of Rs.15 crore and PAT of Rs.36 crore, while the balance sheet reports zero gross debt and a large cash balance of Rs.3,283 crore, indicating powerful liquidity even as operating revenue and EBITDA margins have compressed year-on-year versus FY24-25.
Listed peers in TV Broadcasting & Software Production: Hathway Cable & Datacom Ltd, Aqylon Nexus Ltd, New Delhi Television Ltd, T.V. Today Network Ltd, GTPL Hathway Ltd, Dish TV India Ltd.
Valuation & Returns
10 Jul 2026At ₹29.22 a share on 10 Jul 2026, Den Networks Ltd (DEN) was valued at a price-to-earnings ratio of 8.42x against an industry P/E of 25.52x and a price-to-book of 0.39x on a book value of ₹75.85 per share as of Mar 2025. Solomo computes return on equity of 4.58% and return on capital employed of 5.77% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 8.42x
- Industry P/E
- 25.52x
- P/B
- 0.39x
- EPS (TTM)
- ₹3.47
- Book value / share
- ₹75.85
- ROE
- 4.58%
- ROCE
- 5.77%
- ROA
- 4%
- Debt / equity
- 0.01x
- Dividend yield
- 0%
- EBITDA margin
- 30.92%
- 52-week range
- ₹22.75 – ₹42.8
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Den Networks Ltd (DEN) reported revenue of ₹974 crore, net profit of ₹166 crore and earnings per share of ₹3.47. That compares with revenue of ₹1,005 crore and net profit of ₹197 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Jun 2026, revenue was ₹243 crore and net profit ₹35 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 1,226 | 1,130 | 1,081 | 1,005 | 974 |
| Net profit (₹ cr) | 171 | 236 | 213 | 197 | 166 |
| EPS (₹) | 3.69 | 5.09 | 4.5 | 4.19 | 3.47 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 0.66% | -4.88% | -6.39% | -6.97% |
| Profit growth | - | 27.39% | 4.77% | -7.55% |
| Stock price CAGR | -11% | -13% | -7% | -31% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 74.9% of Den Networks Ltd (DEN) (unchanged from the previous quarter), foreign institutional investors (FII) hold 0.35% and domestic institutional investors (DII) hold 0.05%. Market capitalisation was ₹1,394 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2010.
Largest disclosed public shareholders in Jun 2026: HUF 1.26%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 74.9% | - | 0.35% | 0.05% | 25% |
| Mar 2026 | 74.9% | - | 0.45% | 0.14% | 25% |
| Dec 2025 | 74.9% | - | 0.51% | 0.14% | 25% |
| Sep 2025 | 74.9% | - | 0.48% | 0.14% | 25% |
| Jun 2025 | 74.9% | - | 0.63% | 0.14% | 25% |
| Mar 2025 | 74.9% | - | 0.82% | 0.14% | 25% |
| Dec 2024 | 74.9% | - | 0.73% | 0.2% | 25% |
| Sep 2024 | 74.9% | - | 0.76% | 0.19% | 25% |