About DEN Networks
DEN Networks is a publicly listed company based in Mumbai (India) founded in 2007, and was acquired by Reliance Industries in October 2018. Cable TV and fixed-line internet services are provided. It operates in the Telecommunications and Media & Entertainment sectors. The company has 466 employees. DEN Networks has completed 1 acquisition, including DEN Snapdeal TV Shop. Its chief executive, as recorded, is S N Sharma. Its website dennetworks.com draws about 10 thousand monthly visits. Its Indian entity Den Networks Limited reported revenue of βΉ1,207 Cr. DEN Networks offers products and services including DEN Cable, Broadband, and DEN TV+ App. Its focus areas include TV Broadcasting Services, Cable, Telecom and Telecom Operators. Its competitors include Hathway Cable & Datacom, GTPL Hathway and Excitel; 1 of its 3 listed competitors has raised funding.
Company details
DEN Networks was founded in 2007 and is headquartered in Mumbai, India. Cable television and broadband internet services are offered within the telecommunications sector. Operations focus on delivering a range of channels across major genres and languages, alongside fixed-line connectivity. Services are targeted at residential and possibly commercial users in urban areas of India.
- Headquarters Mumbai, India
- Employees 466
- Stage Acquired
- SectorsTelecommunicationsMedia & Entertainment
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website dennetworks.com
- Social LinkedIn X Facebook
- Acquired by Reliance Industries (Oct 2018)
- Legal Name Den Networks Limited
- Market Cap₹1,187 Cr
DEN · NSE
- Share Price₹24.07
-3.26% today
- Revenue₹974 Cr
FY 2025-26 · -3.1% YoY
- EBITDA₹68.41 Cr
Margin 7.0%
- Net Profit₹43.43 Cr
FY 2025-26 · +507.4% YoY
- P/E (TTM)8.0x
P/B 0.3x
- ROE1.1%
ROCE 3.1%
- Debt / Equity0.01
Interest cover -8.2x
- InvestorsGoldman Sachs
& 3 more
- Employee Count466
- Investments & Acquisitions
- Acquired byReliance Industries
(Oct 2018)
Associated legal entities of DEN Networks
DEN Networks is associated with 2 registered companies on The Company Check; the primary company is Den Networks Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Den Networks Limited Listed CIN L92490MH2007PLC344765 | Active | 10 Jul 2007 | Mumbai, Maharashtra | ₹1,207 Cr | 466 | 11 | View details |
| Den Discovery Digital Networks Private Limited CIN U74900MH2013PTC240517 | Active | 15 Feb 2013 | Nashik, Maharashtra | ₹22.0 Cr | 25 | 4 | View details |
Products & Services of DEN Networks
DEN Networks offers a comprehensive portfolio of products and services, including DEN Cable, Broadband, and DEN TV+ App.
Provides cable television with over 400 channels in various cities
Offers hi-speed internet services across multiple cities in India
App for accessing TV content on mobile devices
Funding Insights of DEN Networks
- Total Rounds 5
- Investors Count 3
All 5 funding rounds of DEN Networks with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2021 | Post-IPO | β | β | ||
| Sep 2016 | $21M | Post-IPO | β | β | |
| May 2013 | $50M | Post-IPO | β | β | |
| May 2013 | $110M | Post-IPO | β | β | |
| Jun 2009 | Seed | β | β |
4 investors in total: 4 institutional.
Investors in DEN Networks
DEN Networks has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, Nomura and Reliance Industries.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Investment in start-ups, growth capital, and debt financing for business ventures. | 2012 | oliphans.com | Mumbai, India | |
Diversified asset management services are offered globally by the firm. | 1925 | nomura.com | Chuo City, Japan | |
Diversified conglomerate operating across multiple industries | 1958 | ril.com | Mumbai, India |
Investor details for DEN Networks
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Den Networks Limited (DEN Networks)
Den Networks Limited is the primary company behind DEN Networks. The boards of the 2 registered companies of DEN Networks currently have 12 directors; the longest-serving is Sameer Manchanda, appointed in 2007. 26 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sameer Manchanda DIN 00015459 | Director | 15 Sep 2007 | 19 yrs 1 mo | Den Networks Limited |
| Anand Vijay Munshi DIN 05223187 | Director | 15 Feb 2013 | 13 yrs 8 mo | Den Discovery Digital Networks Private Limited |
| Shankar Devarajan DIN 02112473 | Director | 18 Jul 2013 | 13 yrs 3 mo | Den Discovery Digital Networks Private Limited |
| Rajendra Ramchandra Kale DIN 07288226 | Director | 17 Feb 2016 | 10 yrs 8 mo | Den Discovery Digital Networks Private Limited |
| Saurabh Sancheti DIN 08349457 | Director | 29 Mar 2019 | 7 yrs 6 mo | Den Networks Limited |
| Anuj Jain DIN 08351295 | Director | 29 Mar 2019 | 7 yrs 6 mo | Den Networks Limited |
| Geeta Kalyandas Fulwadaya DIN 03341926 | Director | 29 Mar 2019 | 7 yrs 6 mo | Den Networks Limited |
| Rajendra Dwarkadas Hingwala DIN 00160602 | Director | 21 Dec 2019 | 6 yrs 10 mo | Den Networks Limited |
| Rahul Yogendra Dutt DIN 08872616 | Director | 22 Sep 2022 | 4 yrs 1 mo | Den Networks Limited |
| Achuthan Siddharth DIN 00016278 | Director | 22 Sep 2022 | 4 yrs 1 mo | Den Networks Limited |
| Naina Krishna Murthy DIN 01216114 | Director | 14 Jul 2023 | 3 yrs 3 mo | Den Networks Limited |
| Ashwin Kuniyil Nair DIN 07293575 | Director | 11 Feb 2025 | 1 yr 8 mo | Den Discovery Digital Networks Private Limited |
People of DEN Networks
19 people are tracked at DEN Networks (6 in leadership, 13 in team); the tracked headcount is 466.
| Name | Role | Group |
|---|---|---|
S N Sharma | CEO | Leadership |
Satyendra Jindal | Chief Financial Officer | Leadership |
Kunal Verma | AVP Finance (head Taxation) | Leadership |
Sanjay Jain | Group CTO | Leadership |
Atul Sonkhla | Head - Strategy & CEO Office | Leadership |
Munish Singla | Vice President Finance | Leadership |
Anil Tuli | Den Digital | Team |
Pradeep Singh | Sr.manager (technical) | Team |
Chetan Navalkar | Vice Precident - Technical ( West & South) | Team |
Amrendra Kumar - | Agm-it | Team |
Abhishek Jain | Technical Manager (billing) | Team |
Arun Chandran | Technical Engineer | Team |
Rupendra Rathore | Sr. System Manager | Team |
Naveen Kumar Jha | Sr NOC Engineer (it) | Team |
Shantanu Choudhary | Linux System Administrator | Team |
Mukesh Kumar | Manager-(jv-controller) | Team |
Sumant Kumar | Accountant | Team |
Gopal Jaiswal | Manager - Business Finance & Operation | Team |
Rakesh Sharma | DGM - Business Finance And Strategy | Team |
Complete people profiles for DEN Networks
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of DEN Networks
DEN Networks is a publicly listed company on the NSE with ticker symbol DEN in India, operating in the Consumer services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date24 Nov 2009
- Listed onBSE: 533137 · NSE: DEN
- Listed entityDEN Networks Limited
- Exchange sectorConsumer services
- ISININE947J01015
- Share price₹26.37 (-3.62% on the day) · 2026-10-14
- Market capitalisation₹1,304 Cr
- Price to earnings8.4
- EPS (diluted, trailing year)₹3.14
- Volume (last session)474,151
Financials of DEN Networks
Exchange-reported figures of Den Networks Limited, the listed company behind DEN Networks (NSE: DEN).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 974 | 1,005 | 1,081 | 1,130 | 1,226 | 1,307 | 1,291 |
| Revenue growth | -3.1% | -7.0% | -4.4% | -7.8% | -6.3% | +1.2% | - |
| EBITDA | 68.41 | 112 | 153 | 152 | 201 | 249 | 212 |
| EBITDA margin | +7.0% | +11.2% | +14.2% | +13.4% | +16.4% | +19.0% | +16.4% |
| Profit before tax | 208 | 249 | 245 | 143 | 174 | 186 | 110 |
| Net profit | 43.43 | 7.15 | 48.29 | 192 | 69.61 | 64.60 | 54.10 |
| Net profit margin | +4.5% | +0.7% | +4.5% | +17.0% | +5.7% | +4.9% | +4.2% |
| EPS (βΉ) | 3.48 | 4.20 | 4.50 | 5.09 | 3.69 | 4.15 | 1.47 |
| Balance sheet | |||||||
| Total assets | 3,862 | 3,700 | 3,519 | 3,328 | 3,090 | 2,964 | 3,092 |
| Net worth | 3,785 | 3,620 | 3,420 | 3,207 | 2,953 | 2,775 | 2,603 |
| Total debt | 20.04 | 22.98 | 25.51 | 27.60 | 0.00 | 0.00 | 213 |
| Cash & bank | 3,139 | 1,695 | 1,287 | 1,334 | 701 | 316 | 2,349 |
| Net working capital | 2,982 | 1,518 | 1,085 | 1,081 | 438 | 7.90 | 2,014 |
| Cash flow | |||||||
| Cash from operations | (16.59) | 18.30 | 83.63 | 139 | 129 | 218 | 268 |
| Cash from investing | 24.06 | (21.78) | (66.24) | (54.26) | (258) | (361) | 429 |
| Cash from financing | (3.43) | (7.16) | (6.59) | (115) | 95.90 | 134 | (688) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 233 | 243 | 241 | 251 | 241 | 241 | 248 | 261 |
| Revenue growth (YoY) | -3.7% | +0.6% | -3.0% | -3.7% | -3.1% | -2.5% | - | - |
| Other income | 60.73 | 55.40 | 54.90 | 58.36 | 51.71 | 70.67 | 67.06 | 55.08 |
| EBITDA | 7.22 | 11.50 | 15.33 | 13.11 | 17.99 | 19.19 | 28.43 | 27.31 |
| EBITDA margin | +3.1% | +4.7% | +6.4% | +5.2% | +7.5% | +8.0% | +11.5% | +10.5% |
| Depreciation | 18.73 | 20.00 | 20.56 | 23.09 | 23.25 | 24.36 | 26.25 | 26.42 |
| Interest | 0.30 | 0.41 | 0.43 | 0.45 | 0.46 | 0.55 | 0.50 | 0.51 |
| Profit before tax | 48.92 | 46.49 | 49.24 | 47.93 | 45.99 | 64.95 | 68.74 | 55.46 |
| Tax | 12.14 | 11.91 | 12.81 | 7.55 | 10.81 | 11.31 | 8.87 | 13.54 |
| Net profit | 36.78 | 34.58 | 36.43 | 40.38 | 35.18 | 53.64 | 59.87 | 41.92 |
| EPS (βΉ) | 0.76 | 0.77 | 0.81 | 0.80 | 0.74 | 1.14 | 1.30 | 0.85 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,001 | 989 | 1,035 | 1,110 | 1,154 | 1,240 | 1,195 |
| Revenue growth | +1.2% | -4.4% | -6.8% | -3.8% | -7.0% | +3.7% | - |
| EBITDA | 3.17 | (5.61) | 77.43 | 129 | 158 | 218 | 134 |
| EBITDA margin | +0.3% | -0.6% | +7.5% | +11.6% | +13.7% | +17.6% | +11.2% |
| Profit before tax | 163 | 159 | 207 | 172 | 190 | 247 | 124 |
| Net profit | (4.85) | (79.25) | 14.12 | 210 | 82.82 | 217 | 65.63 |
| Net profit margin | -0.5% | -8.0% | +1.4% | +19.0% | +7.2% | +17.5% | +5.5% |
| EPS (βΉ) | 2.57 | 2.46 | 3.68 | 5.94 | 3.98 | 5.16 | 1.81 |
| Balance sheet | |||||||
| Total assets | 3,883 | 3,763 | 3,660 | 3,498 | 3,200 | 3,042 | 3,102 |
| Net worth | 3,853 | 3,731 | 3,613 | 3,437 | 3,141 | 2,946 | 2,719 |
| Total debt | 20.04 | 22.98 | 25.51 | 27.60 | 0.00 | 0.00 | 213 |
| Cash & bank | 3,078 | 1,649 | 1,225 | 1,269 | 628 | 256 | 2,255 |
| Net working capital | 2,894 | 1,458 | 1,014 | 1,075 | 423 | 36.37 | 2,036 |
| Cash flow | |||||||
| Cash from operations | (55.35) | (67.40) | 70.85 | 121 | 96.72 | 227 | 155 |
| Cash from investing | 63.28 | 66.79 | (51.88) | (27.46) | (218) | (317) | 499 |
| Cash from financing | (3.37) | (5.95) | (3.87) | (113) | 96.02 | 136 | (674) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 237 | 257 | 250 | 258 | 248 | 246 | 244 | 258 |
| Revenue growth (YoY) | -4.5% | +4.6% | +2.5% | -0.3% | +1.4% | +1.3% | - | - |
| Other income | 61.61 | 53.78 | 51.64 | 55.63 | 50.55 | 69.48 | 65.15 | 53.01 |
| Total expenses | 246 | 251 | 242 | 268 | 249 | 239 | 262 | 258 |
| EBITDA | (8.77) | 6.03 | 7.96 | (10.17) | (1.26) | 6.66 | (18.38) | 0.78 |
| EBITDA margin | -3.7% | +2.3% | +3.2% | -3.9% | -0.5% | +2.7% | -7.5% | +0.3% |
| Depreciation | 14.34 | 15.08 | 15.04 | 16.29 | 16.76 | 17.11 | 18.71 | 18.00 |
| Interest | 0.30 | 0.41 | 0.43 | 0.44 | 0.46 | 0.55 | 0.49 | 0.51 |
| Profit before tax | 38.20 | 44.32 | 44.13 | 28.73 | 32.07 | 58.48 | 27.57 | 35.28 |
| Tax | 9.78 | 11.41 | 15.21 | 8.83 | 8.93 | 7.66 | 3.58 | 12.17 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 233 | 243 | 241 | 251 | 241 | 241 | 248 | 261 |
| Revenue growth (YoY) | -3.7% | +0.6% | -3.0% | -3.7% | -3.1% | -2.5% | - | - |
| Other income | 60.73 | 55.40 | 54.90 | 58.36 | 51.71 | 70.67 | 67.06 | 55.08 |
| EBITDA | 7.22 | 11.50 | 15.33 | 13.11 | 17.99 | 19.19 | 28.43 | 27.31 |
| EBITDA margin | +3.1% | +4.7% | +6.4% | +5.2% | +7.5% | +8.0% | +11.5% | +10.5% |
| Depreciation | 18.73 | 20.00 | 20.56 | 23.09 | 23.25 | 24.36 | 26.25 | 26.42 |
| Interest | 0.30 | 0.41 | 0.43 | 0.45 | 0.46 | 0.55 | 0.50 | 0.51 |
| Profit before tax | 48.92 | 46.49 | 49.24 | 47.93 | 45.99 | 64.95 | 68.74 | 55.46 |
| Tax | 12.14 | 11.91 | 12.81 | 7.55 | 10.81 | 11.31 | 8.87 | 13.54 |
| Net profit | 36.78 | 34.58 | 36.43 | 40.38 | 35.18 | 53.64 | 59.87 | 41.92 |
| EPS (βΉ) | 0.76 | 0.77 | 0.81 | 0.80 | 0.74 | 1.14 | 1.30 | 0.85 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 974 | 1,005 | 1,081 | 1,130 | 1,226 | 1,307 | 1,291 |
| Revenue growth | -3.1% | -7.0% | -4.4% | -7.8% | -6.3% | +1.2% | - |
| Other income | 233 | 244 | 207 | 112 | 121 | 191 | 177 |
| Total expenses | 906 | 893 | 928 | 979 | 1,024 | 1,059 | 1,080 |
| Employee cost | 69.23 | 79.78 | 79.68 | 83.31 | 84.80 | 90.60 | 94.97 |
| EBITDA | 68.41 | 112 | 153 | 152 | 201 | 249 | 212 |
| EBITDA margin | +7.0% | +11.2% | +14.2% | +13.4% | +16.4% | +19.0% | +16.4% |
| Depreciation | 91.26 | 106 | 113 | 119 | 148 | 251 | 247 |
| Interest | 1.88 | 2.09 | 2.57 | 1.40 | 0.28 | 3.35 | 31.83 |
| Profit before tax | 208 | 249 | 245 | 143 | 174 | 186 | 110 |
| Tax | 42.49 | 51.83 | 31.83 | (93.06) | 2.81 | (3.40) | 51.20 |
| Net profit | 43.43 | 7.15 | 48.29 | 192 | 69.61 | 64.60 | 54.10 |
| Net profit margin | +4.5% | +0.7% | +4.5% | +17.0% | +5.7% | +4.9% | +4.2% |
| EPS (βΉ) | 3.48 | 4.20 | 4.50 | 5.09 | 3.69 | 4.15 | 1.47 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 477 | 477 | 477 | 477 | 477 | 477 | 477 |
| Reserves & surplus | 3,308 | 3,143 | 2,943 | 2,731 | 2,476 | 2,298 | 2,126 |
| Shareholders' funds (net worth) | 3,785 | 3,620 | 3,420 | 3,207 | 2,953 | 2,775 | 2,603 |
| Minority interest | 41.29 | 40.08 | 43.37 | 48.71 | 60.19 | 64.67 | 70.93 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 213 |
| Unsecured loans | 20.04 | 22.98 | 25.51 | 27.60 | 0.00 | 0.00 | 0.00 |
| Total debt | 20.04 | 22.98 | 25.51 | 27.60 | 0.00 | 0.00 | 213 |
| Total liabilities | 3,862 | 3,700 | 3,519 | 3,328 | 3,090 | 2,964 | 3,092 |
| Assets | |||||||
| Gross block | 1,897 | 1,881 | 1,828 | 1,776 | 2,058 | 1,967 | 1,918 |
| Net block | 404 | 463 | 515 | 562 | 557 | 609 | 763 |
| Capital work in progress | 8.26 | 14.34 | 18.06 | 29.43 | 20.70 | 37.11 | 20.60 |
| Investments | 210 | 1,516 | 1,709 | 1,426 | 1,913 | 2,140 | 69.50 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 107 | 150 | 109 | 86.73 | 71.98 | 94.37 | 134 |
| Cash & bank balances | 3,139 | 1,695 | 1,287 | 1,334 | 701 | 316 | 2,349 |
| Loans & advances | 157 | 114 | 96.88 | 90.91 | 81.91 | 85.70 | 127 |
| Total current assets | 3,403 | 1,960 | 1,493 | 1,511 | 855 | 496 | 2,610 |
| Total current liabilities | 421 | 442 | 408 | 430 | 417 | 488 | 596 |
| Net working capital | 2,982 | 1,518 | 1,085 | 1,081 | 438 | 7.90 | 2,014 |
| Total assets | 3,862 | 3,700 | 3,519 | 3,328 | 3,090 | 2,964 | 3,092 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 15.92 | 26.56 | 15.77 | 45.78 | 78.84 | 87.84 | 78.88 |
| Net cash from operating activities | (16.59) | 18.30 | 83.63 | 139 | 129 | 218 | 268 |
| Net cash from investing activities | 24.06 | (21.78) | (66.24) | (54.26) | (258) | (361) | 429 |
| Net cash from financing activities | (3.43) | (7.16) | (6.59) | (115) | 95.90 | 134 | (688) |
| Net change in cash | 4.04 | (10.63) | 10.79 | (30.01) | (33.06) | (9.01) | 8.96 |
| Closing cash | 3,139 | 1,695 | 1,287 | 1,334 | 701 | 316 | 2,349 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -3.1% | -7.0% | -4.4% | -7.8% | -6.3% | +1.2% | - |
| EBITDA growth | -39.0% | -26.8% | +0.8% | -24.5% | -19.1% | +17.5% | - |
| PBT growth | -16.3% | +1.6% | +70.7% | -17.6% | -6.3% | +68.9% | +9998.0% |
| Net income growth | +507.4% | -85.2% | -74.8% | +175.4% | +7.8% | +19.4% | - |
| Revenue CAGR (3Y) | -4.8% | -6.4% | -6.2% | -4.3% | +0.5% | +0.6% | +3.7% |
| EBITDA CAGR (3Y) | -23.4% | -17.7% | -14.9% | -10.5% | - | -1.4% | +13.4% |
| Profitability & leverage | |||||||
| Net income margin | +17.0% | +19.6% | +19.7% | +20.9% | +14.0% | +14.5% | +4.5% |
| Return on capital employed | +3.1% | +2.3% | +1.4% | +2.4% | +1.7% | +1.3% | +2.9% |
| Return on net worth | +1.1% | +0.1% | +1.2% | +4.7% | +1.7% | +1.4% | +1.3% |
| Debt / equity | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.04 | 0.13 |
| Long-term debt / equity | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.05 |
| Interest cover | -8.23 | 33.23 | 6.38 | 4.30 | 0.53 | -170.05 | -90.61 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.52 | 0.54 | 0.60 | 0.59 | 0.61 | 0.67 | 0.68 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 7.56 | 7.74 | 11.03 | 14.25 | 14.74 | 11.45 | 7.18 |
| EPS (βΉ) | 3.48 | 4.20 | 4.50 | 5.09 | 3.69 | 4.15 | 1.47 |
| Dividend per share (βΉ) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (βΉ) | 79.39 | 75.92 | 71.74 | 67.27 | 61.94 | 58.20 | 54.59 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 237 | 257 | 250 | 258 | 248 | 246 | 244 | 258 |
| Revenue growth (YoY) | -4.5% | +4.6% | +2.5% | -0.3% | +1.4% | +1.3% | - | - |
| Other income | 61.61 | 53.78 | 51.64 | 55.63 | 50.55 | 69.48 | 65.15 | 53.01 |
| Total expenses | 246 | 251 | 242 | 268 | 249 | 239 | 262 | 258 |
| EBITDA | (8.77) | 6.03 | 7.96 | (10.17) | (1.26) | 6.66 | (18.38) | 0.78 |
| EBITDA margin | -3.7% | +2.3% | +3.2% | -3.9% | -0.5% | +2.7% | -7.5% | +0.3% |
| Depreciation | 14.34 | 15.08 | 15.04 | 16.29 | 16.76 | 17.11 | 18.71 | 18.00 |
| Interest | 0.30 | 0.41 | 0.43 | 0.44 | 0.46 | 0.55 | 0.49 | 0.51 |
| Profit before tax | 38.20 | 44.32 | 44.13 | 28.73 | 32.07 | 58.48 | 27.57 | 35.28 |
| Tax | 9.78 | 11.41 | 15.21 | 8.83 | 8.93 | 7.66 | 3.58 | 12.17 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,001 | 989 | 1,035 | 1,110 | 1,154 | 1,240 | 1,195 |
| Revenue growth | +1.2% | -4.4% | -6.8% | -3.8% | -7.0% | +3.7% | - |
| Other income | 227 | 239 | 204 | 121 | 122 | 190 | 188 |
| Total expenses | 998 | 995 | 957 | 981 | 995 | 1,022 | 1,062 |
| Employee cost | 54.86 | 65.15 | 62.93 | 63.20 | 62.34 | 59.83 | 59.74 |
| EBITDA | 3.17 | (5.61) | 77.43 | 129 | 158 | 218 | 134 |
| EBITDA margin | +0.3% | -0.6% | +7.5% | +11.6% | +13.7% | +17.6% | +11.2% |
| Depreciation | 65.20 | 72.31 | 72.79 | 76.96 | 89.73 | 159 | 166 |
| Interest | 1.88 | 2.07 | 2.48 | 1.38 | 0.93 | 3.27 | 31.03 |
| Profit before tax | 163 | 159 | 207 | 172 | 190 | 247 | 124 |
| Tax | 40.63 | 41.45 | 30.88 | (112) | 0.00 | 0.62 | 37.59 |
| Net profit | (4.85) | (79.25) | 14.12 | 210 | 82.82 | 217 | 65.63 |
| Net profit margin | -0.5% | -8.0% | +1.4% | +19.0% | +7.2% | +17.5% | +5.5% |
| EPS (βΉ) | 2.57 | 2.46 | 3.68 | 5.94 | 3.98 | 5.16 | 1.81 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 477 | 477 | 477 | 477 | 477 | 477 | 477 |
| Reserves & surplus | 3,377 | 3,254 | 3,136 | 2,960 | 2,664 | 2,469 | 2,242 |
| Shareholders' funds (net worth) | 3,853 | 3,731 | 3,613 | 3,437 | 3,141 | 2,946 | 2,719 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 213 |
| Unsecured loans | 20.04 | 22.98 | 25.51 | 27.60 | 0.00 | 0.00 | 0.00 |
| Total debt | 20.04 | 22.98 | 25.51 | 27.60 | 0.00 | 0.00 | 213 |
| Total liabilities | 3,883 | 3,763 | 3,660 | 3,498 | 3,200 | 3,042 | 3,102 |
| Assets | |||||||
| Gross block | 1,016 | 997 | 971 | 927 | 1,229 | 1,152 | 1,155 |
| Net block | 187 | 224 | 252 | 275 | 249 | 259 | 366 |
| Capital work in progress | 7.27 | 12.17 | 15.78 | 25.25 | 17.73 | 30.55 | 10.65 |
| Investments | 611 | 1,941 | 2,241 | 1,946 | 2,424 | 2,628 | 541 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 148 | 208 | 156 | 185 | 179 | 278 | 317 |
| Cash & bank balances | 3,078 | 1,649 | 1,225 | 1,269 | 628 | 256 | 2,255 |
| Loans & advances | 127 | 87.69 | 73.33 | 68.55 | 51.17 | 76.66 | 54.80 |
| Total current assets | 3,353 | 1,945 | 1,454 | 1,523 | 858 | 610 | 2,626 |
| Total current liabilities | 459 | 487 | 440 | 448 | 435 | 574 | 590 |
| Net working capital | 2,894 | 1,458 | 1,014 | 1,075 | 423 | 36.37 | 2,036 |
| Total assets | 3,883 | 3,763 | 3,660 | 3,498 | 3,200 | 3,042 | 3,102 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 10.61 | 17.17 | 2.07 | 21.32 | 46.77 | 1.33 | 21.11 |
| Net cash from operating activities | (55.35) | (67.40) | 70.85 | 121 | 96.72 | 227 | 155 |
| Net cash from investing activities | 63.28 | 66.79 | (51.88) | (27.46) | (218) | (317) | 499 |
| Net cash from financing activities | (3.37) | (5.95) | (3.87) | (113) | 96.02 | 136 | (674) |
| Net change in cash | 4.56 | (6.56) | 15.10 | (19.25) | (25.45) | 45.44 | (19.78) |
| Closing cash | 3,078 | 1,649 | 1,225 | 1,269 | 628 | 256 | 2,255 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +1.2% | -4.4% | -6.8% | -3.8% | -7.0% | +3.7% | - |
| EBITDA growth | +156.5% | -107.3% | -40.0% | -18.6% | -27.4% | +63.4% | - |
| PBT growth | +2.9% | -23.1% | +20.3% | -9.4% | -23.1% | +99.0% | +9998.0% |
| Net income growth | +93.9% | -661.3% | -93.3% | +154.1% | -61.9% | +230.9% | - |
| Revenue CAGR (3Y) | -3.4% | -5.0% | -5.9% | -2.5% | +4.6% | +5.2% | +10.0% |
| EBITDA CAGR (3Y) | -70.9% | - | -29.2% | -1.2% | - | +21.6% | - |
| Profitability & leverage | |||||||
| Net income margin | +12.3% | +11.9% | +17.0% | +25.5% | +16.4% | +19.8% | +7.2% |
| Return on capital employed | +2.0% | +0.1% | +0.5% | +2.5% | +2.1% | +5.3% | +3.3% |
| Return on net worth | -0.1% | -2.0% | +0.4% | +5.4% | +2.1% | +5.6% | +2.0% |
| Debt / equity | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.04 | 0.13 |
| Long-term debt / equity | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.05 |
| Interest cover | -3.03 | -2.66 | 53.45 | 2.65 | 1.35 | 5.50 | -94.43 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.99 | 1.01 | 1.09 | 1.03 | 0.97 | 1.08 | 1.03 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 5.62 | 5.44 | 6.07 | 6.08 | 5.05 | 4.17 | 3.70 |
| EPS (βΉ) | 2.57 | 2.46 | 3.68 | 5.94 | 3.98 | 5.16 | 1.81 |
| Dividend per share (βΉ) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (βΉ) | 80.82 | 78.25 | 75.78 | 72.09 | 65.88 | 61.79 | 57.03 |
Investments & Acquisitions by DEN Networks
DEN Networks has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include DEN Snapdeal TV Shop.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Producer of sustainable palm oil and wood-based products | tvshop.in | Delhi, India | 2014 | Jul 2016 | $893,148 |
Complete acquisition details for DEN Networks
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Timeline of DEN Networks
6 dated milestones of DEN Networks across 14 years, from founding to its latest funding, stage changes and deals.
- Founded DEN Networks is founded.
- Funding First funding round.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires DEN Snapdeal TV Shop.
- Exit Acquired by Reliance Industries.
- Funding Latest funding round, Post-IPO,.
Competitors of DEN Networks
DEN Networks has 3 listed competitors in our database, 1 of them funded. They include Hathway Cable & Datacom, GTPL Hathway and Excitel.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hathway.com | 1959 | Mumbai, India | 316 | Internet and cable TV services are provided via broadband networks. | ||
| gtpl.net | 2006 | Ahmedabad, India | 758 | Multi system operator providing cable TV and internet service. | ||
| excitel.com | 2015 | Delhi, India | $16.11M | 1,820 | High-speed unlimited fiber-optic internet services are offered in India. |
Detailed competitors of DEN Networks
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Web traffic of DEN Networks
The website of DEN Networks (dennetworks.com) receives about 10.1K visits a month.
- Monthly visits10.1K
▼ 45.1% vs previous month
Websites whose visitors overlap most with DEN Networks. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| denbroadband.in | 100% | 8.8K | #2,108,313 | View details | |
| indigital.co.in | 96% | 13.2K | #2,312,378 | View details | |
| denenjoy.com | 70% | #4,976,172 | View details | ||
selectra.in | selectra.in | 62% | #1,480,915 | β | |
| onsitego.com | 58% | 238.8K | #136,846 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
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Related news about Den Networks
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Frequently Asked Questions about DEN Networks
DEN Networks was founded in 2007 and raised its 1st funding round 2 years after it was founded.
DEN Networks is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
S N Sharma is the CEO of DEN Networks, as recorded in our data.
DEN Networks has 466 employees.
The primary company behind DEN Networks, Den Networks Limited, reported revenue of βΉ1,207 Cr for FY 2026, down 3% year on year.
DEN Networks was founded in 2007 and is headquartered in Mumbai, India. Cable television and broadband internet services are offered within the telecommunications sector. Operations focus on delivering a range of channels across major genres and languages, alongside fixed-line connectivity. Services are targeted at residential and possibly commercial users in urban areas of India.
DEN Networks's top competitors include Hathway Cable & Datacom, GTPL Hathway and Excitel.
DEN Networks offers DEN Cable, Broadband, and DEN TV+ App.
Yes, DEN Networks is publicly traded on NSE under the ticker symbol DEN.
DEN Networks has made 1 acquisition, including DEN Snapdeal TV Shop.
DEN Networks has 4 investors. Key investors include Goldman Sachs, Nomura, Reliance Industries, and Oliphans Capital.
DEN Networks is associated with 2 legal entities: Den Networks Limited, Den Discovery Digital Networks Private Limited.

