SITI Networks

Noida, India Founded: 1994 • Age: 32 yrs Listed
Fixed-line broadband and digital cable TV services are provided.

About SITI Networks

SITI Networks is a publicly listed company based in Noida (India) founded in 1994. Fixed-line broadband and digital cable TV services are provided. It operates on a Subscription Services and Direct-to-Consumer (D2C) model in Telecommunications and Media & Entertainment sectors. The company has 197 employees. Its chief executive, as recorded, is Yogesh Sharma. Its website sitinetworks.com draws about 557 thousand monthly visits. Its Indian entity Siti Networks Limited reported revenue of ₹1,320 Cr. SITI Networks offers products and services including SITI Digital TV, SITI Broadband, and SITI HD+. Its focus areas include Broadcasting, Cable TV Services, Technology and Internet Services. Its competitors include Hathway Cable & Datacom, GTPL Hathway and Excitel; 1 of its 3 listed competitors has raised funding.

Company details

SITI Networks Limited is involved in delivering digital cable TV and high-speed broadband services across India. The company operates in the media and entertainment sector, focusing on broadcasting through cable TV services. Additionally, it provides internet connectivity solutions through its broadband offerings. Various packages and HD services are made available to cater to diverse consumer needs. The company also engages in infrastructure sharing and technology partnerships to enhance service delivery. Operations are supported by a wide network of local cable operators and customer care mechanisms.

  • Headquarters Noida, India
  • Employees 197
  • Stage Public
  • Sectors
    Telecommunications
    Media & Entertainment
  • Phone
    •••• ••••
  • Website sitinetworks.com
  • Social LinkedIn X Facebook YouTube
  • Legal Name Siti Networks Limited
Key Metrics
  • Market Cap
    ₹19.19 Cr

    SITINET · NSE

  • Share Price
    ₹0.22

    0.00% today

  • Revenue
    ₹1,291 Cr

    FY 2023-24 · -4.0% YoY

  • EBITDA
    ₹29.11 Cr

    Margin 2.2%

  • Net Profit
    −₹252 Cr

    FY 2023-24 · +7.1% YoY

  • Latest Funding Round
    $35.57M (USD), Post-IPO

    Feb 2015

  • Employee Count
    197

Products & Services of SITI Networks

SITI Networks offers a comprehensive portfolio of products and services, including SITI Digital TV, SITI Broadband, and SITI HD+.

SITI Digital TV
Digital Cable TV

Digital cable TV services are provided for entertainment.

SITI Broadband
Internet Services

High-speed broadband services are offered for connectivity needs.

SITI HD+
HD TV Services

High-definition TV services are delivered for premium viewing.

Apps and channels of SITI Networks

its YouTube channel SITI Cable has 3.36K subscribers and 18 videos.

SITI Cable
YouTube 3.36K subscribers 18 videos Science & Technology
Open channel

Videos from SITI Networks

The most watched videos on SITI Networks's YouTube channel, SITI Cable (3.36K subscribers). Click a video to play it here.

SITI Digital Cable TV - DAS Adv
27.3K views
SITI Broadband
7.7K views
SITI Cable - SAF & PSF Promo Mumbai
3.7K views
SITI Cable - SAF & PSF Promo Delhi
2.4K views

More on SITI Cable.

Funding Insights of SITI Networks

  • Total Rounds 1
  • Last Round Post-IPO — $35.57M
  • First Round $35.57M

    (Feb 2015)

All 1 funding rounds of SITI Networks with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2015$35.57MPost-IPO––
–

Board of directors of Siti Networks Limited (SITI Networks)

Siti Networks Limited is the primary company behind SITI Networks. The boards of the 2 registered companies of SITI Networks currently have 10 directors; the longest-serving is Suresh Kumar, appointed in 2010. 58 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Suresh Kumar
DIN 00010948
Company Secretary28 Sep 201016 yrs 1 moSiti Networks Limited
Ram Phool Phour
DIN 03312309
Managing Director01 Dec 201015 yrs 11 moSiti Jind Digital Media Communications Private Limited
Kavita Anand Kapahi
DIN 02330706
Director31 Mar 201511 yrs 7 moSiti Networks Limited
Suresh Arora
DIN 00299232
Whole-time director29 Mar 20197 yrs 7 moSiti Networks Limited
Amitabh Kumar
DIN 00222260
Director30 Dec 20196 yrs 10 moSiti Networks Limited
Shilpi Asthana
DIN 08465502
Director27 Dec 20214 yrs 10 moSiti Networks Limited
Yogesh Sharma
DIN 02309155
CEO01 Jan 20224 yrs 10 moSiti Networks Limited
Johnson John Plavilayil
DIN 08127969
Director12 Aug 20224 yrs 2 moSiti Jind Digital Media Communications Private Limited
Sandeep
DIN 09371161
Additional Director15 Mar 20242 yrs 7 moSiti Jind Digital Media Communications Private Limited
Harvinder Singh
DIN 01002548
IRP/RP/Liquidator22 May 20242 yrs 5 moSiti Jind Digital Media Communications Private Limited

People of SITI Networks

1 people are tracked at SITI Networks (1 in leadership); the tracked headcount is 197.

NameRoleGroup
CEOLeadership
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Complete people profiles for SITI 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

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IPO & Listings of SITI Networks

SITI Networks is a publicly listed company on the NSE with ticker symbol SITINET 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 date01 Oct 2007
  • Listed onBOM: 532795
  • Listed entitySiti Networks Limited
  • Exchange sectorConsumer services
  • ISININE965H01011
  • Share price₹0.24 (+4.35% on the day) · 2026-10-14
  • Market capitalisation₹42.7 Cr
  • Volume (last session)257,208

Financials of SITI Networks

Exchange-reported figures of Siti Networks Limited, the listed company behind SITI Networks (NSE: SITINET).

Financial Highlights

FY 2023-24 · Consolidated
Revenue
₹1,291 Cr
-4.0% YoY
EBITDA
₹29.11 Cr
-73.7% YoY
Profit After Tax
−₹252 Cr
+7.1% YoY
Net Worth
−₹959 Cr
-23.7% YoY
Total Assets
−₹79.00 Cr
-129.5% YoY
Total Debt
₹773 Cr
-15.9% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Income statement
Revenue1,2911,3451,4461,5371,6081,4421,410
Revenue growth-4.0%-7.0%-5.9%-4.4%+11.5%+2.3%-
EBITDA29.11111177213262249292
EBITDA margin+2.3%+8.2%+12.3%+13.8%+16.3%+17.3%+20.7%
Profit before tax(212)(314)(259)(243)(224)(254)(158)
Net profit(252)(271)(238)(210)(152)(201)(176)
Net profit margin-19.5%-20.2%-16.5%-13.7%-9.4%-13.9%-12.5%
EPS (₹)(2.11)(3.21)(2.89)(2.75)(2.32)0.000.00
Balance sheet
Total assets(79.00)2686439321,3811,8712,233
Net worth(959)(776)(497)(245)(4.79)198343
Total debt7739199831,0181,1791,4541,448
Cash & bank20218392.5111517878.11126
Net working capital(819)(594)(525)(425)(254)(44.90)(38.34)
Cash flow
Cash from operations281181184299504437341
Cash from investing(163)(64.02)(182)(139)(42.14)(185)(387)
Cash from financing(149)(75.95)(51.47)(225)(358)(274)(31.82)
ParticularsSep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023
Revenue296271289279303308283323
Revenue growth (YoY)-2.1%-12.2%+1.9%-13.5%-3.1%---
Other income5.607.0418.155.475.514.2676.493.73
EBITDA(2.87)(1.89)(8.43)(14.13)(0.92)6.62(56.64)12.44
EBITDA margin-1.0%-0.7%-2.9%-5.1%-0.3%+2.1%-20.0%+3.9%
Depreciation21.4124.2026.9131.1432.7334.3925.5363.06
Interest24.5124.1424.3924.0124.0723.91(5.80)24.45
Profit before tax(43.19)(43.19)(41.58)(63.81)(52.21)(47.42)0.12(71.34)
Tax0.380.942.923.051.950.32(9.27)1.56
Net profit(43.57)(44.13)(44.50)(66.86)(54.16)(47.74)9.39(72.90)
EPS (₹)(0.50)(0.51)(0.51)(0.77)(0.62)(0.55)0.11(0.84)
MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Income statement
Revenue356433531614730819821
Revenue growth-17.8%-18.4%-13.6%-15.9%-10.8%-0.3%-
EBITDA(77.60)(26.18)(23.21)34.8286.33137(30.74)
EBITDA margin-21.8%-6.0%-4.4%+5.7%+11.8%+16.8%-3.7%
Profit before tax(195)(151)(299)(255)(226)(185)(372)
Net profit(195)(213)(264)(231)(196)(160)(183)
Net profit margin-54.8%-49.2%-49.7%-37.6%-26.8%-19.5%-22.3%
EPS (₹)(2.24)(1.73)(3.42)(2.93)(2.60)(2.17)0.00
Balance sheet
Total assets(533)(338)(61.73)2685158031,232
Net worth(1,294)(1,099)(949)(650)(395)(168)22.22
Total debt7577578839129039621,201
Cash & bank84.2111770.839.733.754.6215.42
Net working capital(945)(791)(647)(533)(431)(323)(85.31)
Cash flow
Cash from operations(34.82)16510657.74177255395
Cash from investing51.78(37.16)(45.35)(46.97)(67.23)38.10(86.88)
Cash from financing(0.21)(123)(37.97)(4.79)(109)(302)(328)
ParticularsSep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023
Revenue96.1979.9681.8381.4692.26101118103
Revenue growth (YoY)+4.3%-20.7%-30.9%-21.1%-2.0%---
Other income1.992.679.761.441.361.4479.640.88
Total expenses10095.90112103105113107111
EBITDA(4.12)(15.94)(30.55)(21.80)(13.21)(12.04)11.90(8.15)
EBITDA margin-4.3%-19.9%-37.3%-26.8%-14.3%-11.9%+10.0%-7.9%
Depreciation6.778.5210.4510.3911.3311.4421.1531.66
Interest22.2221.9821.7822.2322.2122.005.0722.02
Profit before tax(31.12)(43.77)(53.02)(52.98)(45.39)(44.04)65.32(60.95)
Tax0.000.000.000.000.000.000.000.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 04 Nov 2026
ParticularsSep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023
Revenue296271289279303308283323
Revenue growth (YoY)-2.1%-12.2%+1.9%-13.5%-3.1%---
Other income5.607.0418.155.475.514.2676.493.73
EBITDA(2.87)(1.89)(8.43)(14.13)(0.92)6.62(56.64)12.44
EBITDA margin-1.0%-0.7%-2.9%-5.1%-0.3%+2.1%-20.0%+3.9%
Depreciation21.4124.2026.9131.1432.7334.3925.5363.06
Interest24.5124.1424.3924.0124.0723.91(5.80)24.45
Profit before tax(43.19)(43.19)(41.58)(63.81)(52.21)(47.42)0.12(71.34)
Tax0.380.942.923.051.950.32(9.27)1.56
Net profit(43.57)(44.13)(44.50)(66.86)(54.16)(47.74)9.39(72.90)
EPS (₹)(0.50)(0.51)(0.51)(0.77)(0.62)(0.55)0.11(0.84)
ParticularsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Revenue1,2911,3451,4461,5371,6081,4421,410
Revenue growth-4.0%-7.0%-5.9%-4.4%+11.5%+2.3%-
Other income98.2734.6815.0219.4517.7432.2415.97
Total expenses1,2621,2351,2691,3241,3471,1931,119
Employee cost63.3967.2369.7069.6475.1181.3290.49
EBITDA29.11111177213262249292
EBITDA margin+2.3%+8.2%+12.3%+13.8%+16.3%+17.3%+20.7%
Depreciation258344331349346365326
Interest81.62115120126158171140
Profit before tax(212)(314)(259)(243)(224)(254)(158)
Tax(6.78)1.121.98(1.88)(9.77)10.0411.78
Net profit(252)(271)(238)(210)(152)(201)(176)
Net profit margin-19.5%-20.2%-16.5%-13.7%-9.4%-13.9%-12.5%
EPS (₹)(2.11)(3.21)(2.89)(2.75)(2.32)0.000.00
ParticularsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Equity & liabilities
Share capital87.2787.2787.2787.2787.2787.2787.27
Reserves & surplus(1,047)(863)(584)(332)(92.06)111256
Shareholders' funds (net worth)(959)(776)(497)(245)(4.79)198343
Minority interest26.2747.2682.4591.1292.79105116
Secured loans7678979579951,029879725
Unsecured loans6.1022.2926.4222.84151575723
Total debt7739199831,0181,1791,4541,448
Total liabilities(79.00)2686439321,3811,8712,233
Assets
Gross block3,1613,3603,3263,3243,2743,2183,257
Net block5137321,0071,2361,5081,7622,031
Capital work in progress68.9260.8786.5055.2059.1299.45153
Investments80.222.2414.1211.4620.1114.864.72
Inventories1.831.962.202.081.351.8014.53
Sundry debtors265252255233300396369
Cash & bank balances20218392.5111517878.11126
Loans & advances116112136151261402297
Total current assets585548486501740878807
Total current liabilities1,4051,1421,011927994923845
Net working capital(819)(594)(525)(425)(254)(44.90)(38.34)
Total assets(79.00)2686439321,3811,8712,233
ParticularsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Opening cash10361.6511117671.5793.53171
Net cash from operating activities281181184299504437341
Net cash from investing activities(163)(64.02)(182)(139)(42.14)(185)(387)
Net cash from financing activities(149)(75.95)(51.47)(225)(358)(274)(31.82)
Net change in cash(31.31)41.18(49.75)(64.36)104(21.96)(77.13)
Closing cash20218392.5111517878.11126
ParticularsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Growth
Sales growth-4.0%-7.0%-5.9%-4.4%+11.5%+2.3%-
EBITDA growth-73.7%-37.4%-16.7%-18.8%+5.0%-14.6%-
PBT growth+32.6%-21.4%-6.5%-8.7%+11.9%-60.8%+1.1%
Net income growth+7.1%-13.9%-13.3%-38.5%+24.4%-13.9%-
Revenue CAGR (3Y)-5.6%-5.8%+0.1%+2.9%+10.4%+8.0%+15.9%
EBITDA CAGR (3Y)-48.5%-24.9%-10.8%-10.0%+12.8%+0.4%+28.5%
Profitability & leverage
Net income margin-15.9%-23.5%-18.1%-15.7%-13.3%-18.3%-12.1%
Return on capital employed0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Return on net worth0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Debt / equity0.000.000.000.0013.635.363.20
Long-term debt / equity0.000.000.000.006.032.481.86
Interest cover-35.72-49.44-78.37-92.55-187.84-147.46-403.91
Efficiency & per share
Fixed asset turnover0.400.400.430.470.500.450.48
Inventory turnover681.31646.80675.63896.161,021.18176.62118.42
Debtors turnover5.005.315.925.774.623.773.85
EPS (₹)(2.11)(3.21)(2.89)(2.75)(2.32)0.000.00
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)(10.99)(8.89)(5.69)(2.80)(0.05)2.273.93
ParticularsSep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023
Revenue96.1979.9681.8381.4692.26101118103
Revenue growth (YoY)+4.3%-20.7%-30.9%-21.1%-2.0%---
Other income1.992.679.761.441.361.4479.640.88
Total expenses10095.90112103105113107111
EBITDA(4.12)(15.94)(30.55)(21.80)(13.21)(12.04)11.90(8.15)
EBITDA margin-4.3%-19.9%-37.3%-26.8%-14.3%-11.9%+10.0%-7.9%
Depreciation6.778.5210.4510.3911.3311.4421.1531.66
Interest22.2221.9821.7822.2322.2122.005.0722.02
Profit before tax(31.12)(43.77)(53.02)(52.98)(45.39)(44.04)65.32(60.95)
Tax0.000.000.000.000.000.000.000.00
ParticularsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Revenue356433531614730819821
Revenue growth-17.8%-18.4%-13.6%-15.9%-10.8%-0.3%-
Other income14.0076.7219.663.422.886.5221.36
Total expenses434459554580644682852
Employee cost20.0022.7726.0834.2138.5344.7253.88
EBITDA(77.60)(26.18)(23.21)34.8286.33137(30.74)
EBITDA margin-21.8%-6.0%-4.4%+5.7%+11.8%+16.8%-3.7%
Depreciation43.61127189185205196209
Interest88.2174.23106109110132154
Profit before tax(195)(151)(299)(255)(226)(185)(372)
Tax0.000.000.000.000.004.780.00
Net profit(195)(213)(264)(231)(196)(160)(183)
Net profit margin-54.8%-49.2%-49.7%-37.6%-26.8%-19.5%-22.3%
EPS (₹)(2.24)(1.73)(3.42)(2.93)(2.60)(2.17)0.00
ParticularsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Equity & liabilities
Share capital87.2787.2787.2787.2787.2787.2787.27
Reserves & surplus(1,382)(1,186)(1,036)(737)(482)(255)(65.05)
Shareholders' funds (net worth)(1,294)(1,099)(949)(650)(395)(168)22.22
Secured loans655655758786777832685
Unsecured loans102102126126126129516
Total debt7577578839129039621,201
Total liabilities(533)(338)(61.73)2685158031,232
Assets
Gross block1,6191,6151,8211,8161,7961,7581,722
Net block71.85111231398554713850
Capital work in progress20.2620.0922.3426.9515.6928.8444.34
Investments308308316350352352352
Inventories1.860.920.670.640.580.460.71
Sundry debtors145152130202195207290
Cash & bank balances84.2111770.839.733.754.6215.42
Loans & advances47.0539.0638.6360.0174.85179275
Total current assets278309240273275392582
Total current liabilities1,2231,100887806705715667
Net working capital(945)(791)(647)(533)(431)(323)(85.31)
Total assets(533)(338)(61.73)2685158031,232
ParticularsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Opening cash37.1032.859.733.752.5311.4231.12
Net cash from operating activities(34.82)16510657.74177255395
Net cash from investing activities51.78(37.16)(45.35)(46.97)(67.23)38.10(86.88)
Net cash from financing activities(0.21)(123)(37.97)(4.79)(109)(302)(328)
Net change in cash16.764.2523.115.991.22(8.89)(19.70)
Closing cash84.2111770.839.733.754.6215.42
ParticularsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Growth
Sales growth-17.8%-18.4%-13.6%-15.9%-10.8%-0.3%-
EBITDA growth-196.4%-12.8%-166.7%-59.7%-37.1%+546.4%-
PBT growth-29.8%+49.6%-17.1%-12.7%-22.7%+50.4%-81.2%
Net income growth+8.3%+19.3%-14.2%-17.9%-22.7%+12.7%-
Revenue CAGR (3Y)-16.6%-16.0%-13.4%-9.2%-4.5%+1.9%-1.4%
EBITDA CAGR (3Y)-----2.8%+36.0%-
Profitability & leverage
Net income margin-54.8%-34.8%-56.3%-41.6%-31.0%-23.1%-45.4%
Return on capital employed0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Return on net worth0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Debt / equity0.000.000.000.000.000.007.23
Long-term debt / equity0.000.000.000.000.000.003.02
Interest cover-72.77-48.50-50.08-72.30-92.64-222.33-64.04
Efficiency & per share
Fixed asset turnover0.220.250.290.340.410.470.47
Inventory turnover256.36544.93810.921,007.261,404.771,399.90750.03
Debtors turnover2.403.083.203.093.633.292.03
EPS (₹)(2.24)(1.73)(3.42)(2.93)(2.60)(2.17)0.00
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)(14.83)(12.59)(10.87)(7.45)(4.52)(1.92)0.25

Timeline of SITI Networks

3 dated milestones of SITI Networks across 21 years, from founding to its latest funding, stage changes and deals.

  1. Founded SITI Networks is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round of $35.6M.

Competitors of SITI Networks

SITI Networks has 3 listed competitors in our database, 1 of them funded. They include Hathway Cable & Datacom, GTPL Hathway and Excitel.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
hathway.com1959Mumbai, India316
Internet and cable TV services are provided via broadband networks.
gtpl.net2006Ahmedabad, India758
Multi system operator providing cable TV and internet service.
excitel.com2015Delhi, India$16.11M1,820
High-speed unlimited fiber-optic internet services are offered in India.
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Web traffic of SITI Networks

The website of SITI Networks (sitinetworks.com) receives about 557.2K visits a month.

  • Monthly visits
    557.2K

    ▲ 33.8% vs previous month

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Frequently Asked Questions about SITI Networks

SITI Networks was founded in 1994 and raised its 1st funding round 21 years after it was founded.

SITI Networks is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.

Yogesh Sharma is the CEO of SITI Networks, as recorded in our data.

SITI Networks has 197 employees.

The primary company behind SITI Networks, Siti Networks Limited, reported revenue of ₹1,320 Cr for FY 2024, down 4% year on year.

SITI Networks Limited is involved in delivering digital cable TV and high-speed broadband services across India. The company operates in the media and entertainment sector, focusing on broadcasting through cable TV services. Additionally, it provides internet connectivity solutions through its broadband offerings. Various packages and HD services are made available to cater to diverse consumer needs. The company also engages in infrastructure sharing and technology partnerships to enhance service delivery. Operations are supported by a wide network of local cable operators and customer care mechanisms.

SITI Networks's top competitors include Hathway Cable & Datacom, GTPL Hathway and Excitel.

SITI Networks offers SITI Digital TV, SITI Broadband, and SITI HD+.

Yes, SITI Networks is publicly traded on NSE under the ticker symbol SITINET.

SITI Networks is associated with 2 legal entities: Siti Networks Limited, Siti Jind Digital Media Communications Private Limited.

The legal entities of SITI Networks currently have 10 directors, including Ram Phool Phour, Johnson John Plavilayil, Harvinder Singh and others.

The website of SITI Networks receives about 557 thousand visits a month.

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