About Siti Networks Limited
Data last updated: 24 June 2025
Siti Networks Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in cable tv and dth services, a part of the broader media and publishing sector. Incorporated on 24 March 2006, the company has been in operation for over 20 years.
Registered with ROC Mumbai under CIN L64200MH2006PLC160733. Listed on BSE: 532795 and NSE: SITINET.
Capital: an authorised share capital of ₹130 Cr and a paid-up capital of ₹87.21 Cr. Formerly known as Siti Networks Limited and Wire and Wireless (India) Limited. It is led by directors including Kavita Anand Kapahi and Suresh Kumar.
Last AGM: 26 December 2024. Financial statements filed for year ended 31 March 2024. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1,319.68 Cr, a decline of 4% compared to the previous year.
The company has a workforce of approximately 197 employees as per the latest available data. Its group structure includes 24 subsidiaries.
The company is associated with 2 brands - Siti Networks, Siti Networks. As per MCA filings, the company has open charges of ₹2,214.02 Cr and satisfied charges of ₹1,640.25 Cr on record.
The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments. The last known website on record is sitinetworks.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressUnit No. 38 1St Floor A Wing Madhu Industrial Estate P.B. Mar, G Worli, Mumbai, Maharashtra, India – 400013
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IndustryMedia and Publishing, Cable TV & DTH Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Siti Networks Limited
Siti Networks Limited has undergone 3 name changes throughout its history. The company was previously known as Siti Networks Limited, Wire And Wireless (India) Limited, and Siti Cable Network Limited. The current legal name is Siti Networks Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Siti Networks Limited | Current |
| Wire And Wireless (India) Limited | Previous |
| Siti Cable Network Limited | Previous |
CIN History of Siti Networks Limited
Siti Networks Limited has one previous CIN (Corporate Identification Number): U64200MH2006PLC160733. The current CIN is L64200MH2006PLC160733, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L64200MH2006PLC160733 | Current |
| U64200MH2006PLC160733 | Previous |
Associated Brands with Siti Networks Limited
Siti Networks Limited operates two associated brands: SITI Networks and SITI Networks. These brands represent Siti Networks Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Fixed-line broadband and digital cable TV services are provided. | sitinetworks.com | |
| SITI Networks is engaged in providing digital cable TV and broadband services in India. | siticable.com |
Competitors & Alternatives of Siti Networks Limited
Brands and companies operating in the same space as Siti Networks Limited include Ciena, Hathway Cable & Datacom, GTPL Hathway and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Ciena
|
Cloud-based network management software is provided for infrastructure planning. | Hanover, United States, United States | 1992 |
Hathway Cable & Datacom
|
Internet and cable TV services are provided via broadband networks. | Mumbai, India, India | 1959 |
GTPL Hathway
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Multi system operator providing cable TV and internet service. | Ahmedabad, India, India | 2006 |
Excitel
|
High-speed unlimited fiber-optic internet services are offered in India. | Delhi, India, India | 2015 |
YOU Broadband
|
Broadband internet services provider | Ahmedabad, India, India | 2001 |
DEN Networks
|
Cable TV and fixed-line internet services are provided. | Mumbai, India, India | 2007 |
Connect Broadband
|
Broadband internet, telephony, and IPTV services are provided in India. | Sahibzada Ajit Singh Nagar, India, India | 2000 |
Indusind Media Communications
|
Multi-system operator services for cable TV and internet are provided. | Delhi, India, India | 1995 |
British Telecom
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Provider of mobile phones and fiber broadband services for home & business | London, United Kingdom, United Kingdom | 1981 |
Business Activity of Siti Networks Limited
Siti Networks Limited is engaged in the principal business activity of information and communication, with detailed activities including wired, wireless or satellite telecommunication activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities | ********* |
Auditor Details of Siti Networks Limited
Siti Networks Limited is audited by DNS & Associates (ICAI peer reviewed, certificate valid till 2027-02-28) for the financial year 2025, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| DNS & Associates (ICAI peer reviewed, certificate valid till 2027-02-28) | FY 2025 | Statement on impact of audit qualification |
Board of Directors of Siti Networks Limited
Siti Networks Limited is currently managed by 7 directors, with 35 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Kavita Anand Kapahi
Also directs:
Indian Cable Net Company Limited
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Director | 31 Mar 2015 | 11 Years 3 Months | As last reported |
| Suresh Kumar | Company Secretary | 28 Sep 2010 | 15 Years 9 Months | As last reported |
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Shilpi Asthana
Also directs:
Siti Siri Digital Network Private Limited, Indian Cable Net Company Limited, Master Channel Community Network Pvt Ltd and 3 more
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Director | 27 Dec 2021 | 4 Years 6 Months | As last reported |
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Yogesh Sharma
Also directs:
Siti Networks India Llp, Indian Cable Net Company Limited
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Ceo | 01 Jan 2022 | 4 Years 6 Months | As last reported |
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Amitabh Kumar
Also directs:
Zee Media Corporation Limited
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Director | 30 Dec 2019 | 6 Years 6 Months | As last reported |
| Suresh Arora | Director | 29 Mar 2019 | 7 Years 3 Months | As last reported |
Financials of Siti Networks Limited FY 2025 filings available
Siti Networks Limited reported revenue of ₹1,178.51 Cr (down 8.72% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1,178.51 Cr | ₹1,291.09 Cr | ₹1,345.35 Cr | ₹1,445.85 Cr | ₹1,536.92 Cr | ₹1,618.59 Cr |
| Other Income | ₹33.22 Cr | ₹28.58 Cr | ₹34.68 Cr | ₹15.02 Cr | ₹17.31 Cr | ₹17.14 Cr |
| Total Income | ₹1,211.73 Cr | ₹1,319.68 Cr | ₹1,380.03 Cr | ₹1,460.87 Cr | ₹1,554.23 Cr | ₹1,635.73 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹2.63 Cr | ₹1.9 Cr | ₹67.8 Lakh |
| Purchases of Stock-in-Trade | ₹2.22 Cr | ₹29.3 Lakh | ₹0 | ₹50 Lakh | ₹83.5 Lakh | ₹83.6 Lakh |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹61.53 Cr | ₹63.39 Cr | ₹67.23 Cr | ₹69.69 Cr | ₹69.64 Cr | ₹74.78 Cr |
| Finance Costs | ₹96.38 Cr | ₹81.62 Cr | ₹115.47 Cr | ₹120.4 Cr | ₹126.3 Cr | ₹157.68 Cr |
| Depreciation & Amortisation | ₹125.16 Cr | ₹257.6 Cr | ₹344.38 Cr | ₹330.71 Cr | ₹349.04 Cr | ₹345.71 Cr |
| Other Expenses | ₹1,131.18 Cr | ₹1,197.85 Cr | ₹1,158.83 Cr | ₹1,186.96 Cr | ₹1,222.28 Cr | ₹1,201.65 Cr |
| Total Expenses | ₹1,416.47 Cr | ₹1,600.75 Cr | ₹1,685.91 Cr | ₹1,710.89 Cr | ₹1,769.99 Cr | ₹1,781.33 Cr |
| Profit Before Exceptional Items & Tax | -₹204.74 Cr | -₹281.07 Cr | -₹305.88 Cr | -₹250.02 Cr | -₹215.76 Cr | -₹145.61 Cr |
| Exceptional Items | ₹0 | ₹69.68 Cr | -₹8.05 Cr | -₹8.59 Cr | -₹29.69 Cr | -₹50.18 Cr |
| Profit Before Tax | -₹204.74 Cr | -₹211.39 Cr | -₹313.93 Cr | -₹258.61 Cr | -₹245.44 Cr | -₹195.78 Cr |
| Total Tax Expense | ₹8.24 Cr | -₹6.78 Cr | ₹1.12 Cr | ₹1.98 Cr | -₹1.88 Cr | -₹6.58 Cr |
| Net Profit | -₹213.26 Cr | -₹205.06 Cr | -₹315.44 Cr | -₹260.97 Cr | -₹241.42 Cr | -₹188.17 Cr |
| attributable to Owners | -₹209.46 Cr | -₹183.96 Cr | -₹279.99 Cr | -₹252.34 Cr | -₹26.7 Lakh | -₹189.04 Cr |
| attributable to NCI | -₹3.8 Cr | -₹21.1 Cr | -₹35.46 Cr | -₹8.63 Cr | ₹16.8 Lakh | ₹87 Lakh |
| Other Comprehensive Income | ₹39.4 Lakh | ₹55.3 Lakh | ₹87.9 Lakh | ₹55 Lakh | -₹9.9 Lakh | -₹1.31 Cr |
| Total Comprehensive Income | -₹212.87 Cr | -₹204.51 Cr | -₹314.56 Cr | -₹260.42 Cr | -₹241.52 Cr | -₹189.48 Cr |
| EBITDA (computed) | ₹16.8 Cr | ₹58.15 Cr | ₹153.97 Cr | ₹201.09 Cr | ₹259.58 Cr | ₹357.78 Cr |
| Basic EPS | ₹-2.45 | ₹-2.35 | ₹-3.62 | ₹-3.00 | ₹-2.80 | ₹-2.20 |
| Diluted EPS | ₹-2.45 | ₹-2.35 | ₹-3.62 | ₹-3.00 | ₹-2.80 | ₹-2.20 |
| Metrics | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Total Assets | ₹1,315.12 Cr | ₹1,325.97 Cr | ₹1,410.67 Cr |
| Non-current Assets | ₹595.86 Cr | ₹662.09 Cr | ₹862.54 Cr |
| Current Assets | ₹719.26 Cr | ₹663.88 Cr | ₹548.13 Cr |
| Property, Plant & Equipment | ₹294.1 Cr | ₹385.11 Cr | ₹556.06 Cr |
| Inventories | ₹3.01 Cr | ₹1.83 Cr | ₹1.96 Cr |
| Trade Receivables | ₹255.15 Cr | ₹265.27 Cr | ₹251.63 Cr |
| Cash & Equivalents | ₹80.01 Cr | ₹71.53 Cr | ₹102.83 Cr |
| Equity (Net Worth) | -₹1,145.96 Cr | -₹933.14 Cr | -₹728.63 Cr |
| Equity Share Capital | ₹87.27 Cr | ₹87.27 Cr | ₹87.27 Cr |
| Borrowings (Non-current) | ₹12.35 Cr | ₹12.64 Cr | ₹12.79 Cr |
| Borrowings (Current) | ₹757.67 Cr | ₹758.75 Cr | ₹903.52 Cr |
| Total Debt (computed) | ₹770.02 Cr | ₹771.38 Cr | ₹916.31 Cr |
| Current Liabilities | ₹2,367.03 Cr | ₹2,164.31 Cr | ₹2,047.37 Cr |
| Total Liabilities | ₹2,461.08 Cr | ₹2,259.11 Cr | ₹2,139.3 Cr |
| Metrics | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Operating Cash Flow | ₹82.54 Cr | ₹410.01 Cr | ₹181.14 Cr | ₹177.71 Cr |
| Investing Cash Flow | -₹71.56 Cr | -₹214.32 Cr | -₹64.02 Cr | -₹181.81 Cr |
| Financing Cash Flow | -₹2.5 Cr | -₹226.99 Cr | -₹75.95 Cr | -₹50.98 Cr |
| Capital Expenditure | ₹47.72 Cr | ₹93.54 Cr | ₹42.1 Cr | ₹0 |
| Free Cash Flow (computed) | ₹34.82 Cr | ₹316.47 Cr | ₹139.04 Cr | ₹177.71 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹8.48 Cr | -₹31.31 Cr | ₹41.18 Cr | ₹56.32 Cr |
| Metrics | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 | Q4 FY23 | Q3 FY23 | Q2 FY23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹296.1 Cr | ₹270.68 Cr | ₹288.52 Cr | ₹302.52 Cr | ₹308.31 Cr | ₹283.29 Cr | ₹322.66 Cr | ₹312.12 Cr | ₹321.98 Cr | ₹337.55 Cr | ₹335.46 Cr | ₹341.66 Cr |
| Other Income | ₹5.6 Cr | ₹7.04 Cr | ₹17.99 Cr | ₹5.5 Cr | ₹4.26 Cr | ₹6.8 Cr | ₹3.73 Cr | ₹3.43 Cr | ₹2.44 Cr | ₹12.9 Cr | ₹10.2 Cr | ₹8.6 Cr |
| Total Income | ₹301.7 Cr | ₹277.71 Cr | ₹306.5 Cr | ₹308.02 Cr | ₹312.57 Cr | ₹290.09 Cr | ₹326.39 Cr | ₹315.55 Cr | ₹324.42 Cr | ₹350.45 Cr | ₹345.66 Cr | ₹350.26 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹31.3 Lakh | ₹47.6 Lakh | ₹37.4 Lakh | ₹29.3 Lakh | ₹23.8 Lakh | ₹1.2 Lakh | ₹70,000 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹14.94 Cr | ₹14.22 Cr | ₹14.6 Cr | ₹15.85 Cr | ₹15.43 Cr | ₹13.92 Cr | ₹15.67 Cr | ₹15.12 Cr | ₹15.4 Cr | ₹17.76 Cr | ₹16.36 Cr | ₹16.85 Cr |
| Finance Costs | ₹24.51 Cr | ₹24.14 Cr | ₹24.39 Cr | ₹24.07 Cr | ₹23.91 Cr | -₹5.8 Cr | ₹24.45 Cr | ₹24.71 Cr | ₹27.39 Cr | ₹28.05 Cr | ₹28.44 Cr | ₹28.81 Cr |
| Depreciation & Amortisation | ₹21.41 Cr | ₹24.2 Cr | ₹26.91 Cr | ₹32.73 Cr | ₹34.39 Cr | ₹25.53 Cr | ₹63.06 Cr | ₹69.65 Cr | ₹74.14 Cr | ₹112.3 Cr | ₹75.2 Cr | ₹77.89 Cr |
| Other Expenses | ₹283.89 Cr | ₹258.19 Cr | ₹282.03 Cr | ₹287.12 Cr | ₹285.67 Cr | ₹325.48 Cr | ₹294.08 Cr | ₹290.83 Cr | ₹305.87 Cr | ₹286.47 Cr | ₹293.54 Cr | ₹293.17 Cr |
| Total Expenses | ₹344.75 Cr | ₹320.74 Cr | ₹348.25 Cr | ₹360.23 Cr | ₹359.77 Cr | ₹359.42 Cr | ₹397.51 Cr | ₹400.33 Cr | ₹422.81 Cr | ₹444.58 Cr | ₹413.55 Cr | ₹416.72 Cr |
| Profit Before Exceptional Items & Tax | -₹43.04 Cr | -₹43.03 Cr | -₹41.75 Cr | -₹52.21 Cr | -₹47.2 Cr | -₹69.33 Cr | -₹71.11 Cr | -₹84.78 Cr | -₹98.39 Cr | -₹94.13 Cr | -₹67.89 Cr | -₹66.46 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹69.68 Cr | ₹0 | ₹0 | ₹0 | -₹8.05 Cr | ₹0 | ₹0 |
| Profit Before Tax | -₹43.04 Cr | -₹43.03 Cr | -₹41.75 Cr | -₹52.21 Cr | -₹47.2 Cr | ₹35.5 Lakh | -₹71.11 Cr | -₹84.78 Cr | -₹98.39 Cr | -₹102.18 Cr | -₹67.89 Cr | -₹66.46 Cr |
| Total Tax Expense | ₹38 Lakh | ₹94.2 Lakh | ₹2.93 Cr | ₹1.95 Cr | ₹31.7 Lakh | -₹9.27 Cr | ₹1.56 Cr | -₹1.02 Cr | -₹1.43 Cr | -₹1.37 Cr | ₹98.5 Lakh | ₹1.71 Cr |
| Net Profit | -₹43.57 Cr | -₹44.13 Cr | -₹44.51 Cr | -₹54.15 Cr | -₹47.74 Cr | ₹9.4 Cr | -₹72.9 Cr | -₹83.97 Cr | -₹97.11 Cr | -₹100.98 Cr | -₹68.99 Cr | -₹68.16 Cr |
| attributable to Owners | -₹39.41 Cr | -₹45.25 Cr | -₹50.69 Cr | -₹50.63 Cr | -₹46.64 Cr | ₹19.52 Cr | -₹55.07 Cr | -₹78.98 Cr | -₹87.53 Cr | -₹76.5 Cr | -₹64.46 Cr | -₹66.05 Cr |
| attributable to NCI | -₹4.11 Cr | ₹1.12 Cr | ₹6.18 Cr | -₹3.52 Cr | -₹1.1 Cr | -₹10.12 Cr | -₹17.85 Cr | -₹4.99 Cr | -₹9.58 Cr | -₹24.48 Cr | -₹4.53 Cr | -₹2.11 Cr |
| Other Comprehensive Income | ₹6.9 Lakh | ₹6.9 Lakh | ₹9.5 Lakh | ₹10 Lakh | ₹10 Lakh | ₹31.3 Lakh | ₹14.1 Lakh | ₹14.1 Lakh | ₹14.1 Lakh | ₹63.9 Lakh | ₹8 Lakh | ₹8 Lakh |
| Total Comprehensive Income | -₹43.5 Cr | -₹44.07 Cr | -₹44.42 Cr | -₹54.05 Cr | -₹47.64 Cr | ₹9.71 Cr | -₹72.76 Cr | -₹83.82 Cr | -₹96.97 Cr | -₹100.34 Cr | -₹68.91 Cr | -₹68.08 Cr |
| EBITDA (computed) | ₹2.87 Cr | ₹5.31 Cr | ₹9.56 Cr | ₹4.58 Cr | ₹11.1 Cr | -₹49.61 Cr | ₹16.4 Cr | ₹9.58 Cr | ₹3.14 Cr | ₹46.22 Cr | ₹35.75 Cr | ₹40.24 Cr |
| Basic EPS | ₹-0.50 | ₹-0.51 | ₹-0.51 | ₹-0.62 | ₹-0.55 | ₹0.11 | ₹-0.84 | ₹-0.96 | ₹-1.11 | ₹-1.16 | ₹-0.79 | ₹-0.78 |
| Diluted EPS | ₹-0.50 | ₹-0.51 | ₹-0.51 | ₹-0.62 | ₹-0.55 | ₹0.11 | ₹-0.84 | ₹-0.96 | ₹-1.11 | ₹-1.16 | ₹-0.79 | ₹-0.78 |
| Metrics | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Operations | ₹356.34 Cr | ₹433.22 Cr | ₹531.15 Cr | ₹614.43 Cr | ₹730.48 Cr | ₹818.94 Cr |
| Other Income | ₹14 Cr | ₹14.26 Cr | ₹19.66 Cr | ₹3.42 Cr | ₹2.88 Cr | ₹6.52 Cr |
| Total Income | ₹370.34 Cr | ₹447.48 Cr | ₹550.81 Cr | ₹617.85 Cr | ₹733.36 Cr | ₹825.46 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹1.21 Cr | ₹1.37 Cr | ₹39.4 Lakh |
| Purchases of Stock-in-Trade | ₹0 | ₹24.7 Lakh | ₹1.01 Cr | ₹1.57 Cr | ₹64.6 Lakh | ₹1.21 Cr |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹20 Cr | ₹22.77 Cr | ₹26.08 Cr | ₹34.21 Cr | ₹38.53 Cr | ₹44.72 Cr |
| Finance Costs | ₹88.21 Cr | ₹74.23 Cr | ₹106.3 Cr | ₹108.57 Cr | ₹110.31 Cr | ₹131.82 Cr |
| Depreciation & Amortisation | ₹43.61 Cr | ₹126.86 Cr | ₹189.03 Cr | ₹184.99 Cr | ₹205.4 Cr | ₹196.5 Cr |
| Other Expenses | ₹413.94 Cr | ₹436.38 Cr | ₹492.65 Cr | ₹518.82 Cr | ₹573.91 Cr | ₹607.4 Cr |
| Total Expenses | ₹565.75 Cr | ₹660.48 Cr | ₹815.07 Cr | ₹849.37 Cr | ₹930.16 Cr | ₹982.05 Cr |
| Profit Before Exceptional Items & Tax | -₹195.41 Cr | -₹213 Cr | -₹264.26 Cr | -₹231.52 Cr | -₹196.8 Cr | -₹156.59 Cr |
| Exceptional Items | ₹0 | ₹62.47 Cr | -₹34.62 Cr | -₹23.8 Cr | -₹29.69 Cr | -₹28 Cr |
| Profit Before Tax | -₹195.41 Cr | -₹150.54 Cr | -₹298.88 Cr | -₹255.32 Cr | -₹226.48 Cr | -₹184.6 Cr |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹4.78 Cr |
| Net Profit | -₹195.41 Cr | -₹150.54 Cr | -₹298.88 Cr | -₹255.32 Cr | -₹226.48 Cr | -₹189.37 Cr |
| attributable to Owners | - | - | - | - | - | ₹0 |
| attributable to NCI | - | - | - | - | - | ₹0 |
| Other Comprehensive Income | ₹10.3 Lakh | ₹29 Lakh | ₹21.9 Lakh | ₹9 Lakh | -₹49.6 Lakh | -₹72.6 Lakh |
| Total Comprehensive Income | -₹195.3 Cr | -₹150.25 Cr | -₹298.66 Cr | -₹255.23 Cr | -₹226.98 Cr | -₹190.1 Cr |
| EBITDA (computed) | -₹63.59 Cr | -₹11.92 Cr | ₹31.07 Cr | ₹62.04 Cr | ₹118.91 Cr | ₹171.73 Cr |
| Basic EPS | ₹-2.24 | ₹-1.73 | ₹-3.43 | ₹-2.90 | ₹-2.60 | ₹-2.20 |
| Diluted EPS | ₹-2.24 | ₹-1.73 | ₹-3.43 | ₹-2.90 | ₹-2.60 | ₹-2.20 |
| Metrics | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Total Assets | ₹690.1 Cr | ₹762.22 Cr | ₹825.3 Cr |
| Non-current Assets | ₹412.25 Cr | ₹453.27 Cr | ₹585.59 Cr |
| Current Assets | ₹277.85 Cr | ₹308.96 Cr | ₹239.7 Cr |
| Property, Plant & Equipment | ₹69.56 Cr | ₹107.66 Cr | ₹199.44 Cr |
| Inventories | ₹1.86 Cr | ₹91.6 Lakh | ₹67 Lakh |
| Trade Receivables | ₹144.74 Cr | ₹151.85 Cr | ₹129.57 Cr |
| Cash & Equivalents | ₹53.86 Cr | ₹37.1 Cr | ₹32.85 Cr |
| Equity (Net Worth) | -₹1,294.3 Cr | -₹1,099 Cr | -₹948.75 Cr |
| Equity Share Capital | ₹87.27 Cr | ₹87.27 Cr | ₹87.27 Cr |
| Borrowings (Non-current) | ₹11.25 Cr | ₹11.25 Cr | ₹11.25 Cr |
| Borrowings (Current) | ₹745.57 Cr | ₹745.57 Cr | ₹871.33 Cr |
| Total Debt (computed) | ₹756.82 Cr | ₹756.82 Cr | ₹882.58 Cr |
| Current Liabilities | ₹1,969.05 Cr | ₹1,845.8 Cr | ₹1,758.76 Cr |
| Total Liabilities | ₹1,984.4 Cr | ₹1,861.22 Cr | ₹1,774.04 Cr |
| Metrics | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Operating Cash Flow | -₹34.82 Cr | ₹234.51 Cr | ₹106.43 Cr | ₹57.74 Cr |
| Investing Cash Flow | ₹51.78 Cr | -₹37.15 Cr | -₹45.35 Cr | -₹46.97 Cr |
| Financing Cash Flow | -₹20.3 Lakh | -₹193.1 Cr | -₹37.97 Cr | -₹4.79 Cr |
| Capital Expenditure | ₹3.37 Cr | ₹2.16 Cr | ₹17.94 Cr | ₹47.36 Cr |
| Free Cash Flow (computed) | -₹38.18 Cr | ₹232.35 Cr | ₹88.49 Cr | ₹10.38 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹16.76 Cr | ₹4.25 Cr | ₹23.11 Cr | ₹5.98 Cr |
| Metrics | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 | Q4 FY23 | Q3 FY23 | Q2 FY23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹96.19 Cr | ₹79.96 Cr | ₹81.83 Cr | ₹92.26 Cr | ₹100.8 Cr | ₹118.48 Cr | ₹103.24 Cr | ₹94.18 Cr | ₹117.33 Cr | ₹134.97 Cr | ₹129.01 Cr | ₹133.53 Cr |
| Other Income | ₹1.99 Cr | ₹2.67 Cr | ₹9.76 Cr | ₹1.36 Cr | ₹1.44 Cr | ₹11.85 Cr | ₹88.3 Lakh | ₹1.36 Cr | ₹16 Lakh | ₹4.48 Cr | ₹7.21 Cr | ₹7.83 Cr |
| Total Income | ₹98.17 Cr | ₹82.62 Cr | ₹91.58 Cr | ₹93.62 Cr | ₹102.24 Cr | ₹130.33 Cr | ₹104.12 Cr | ₹95.53 Cr | ₹117.49 Cr | ₹139.45 Cr | ₹136.22 Cr | ₹141.36 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹1.4 Lakh | ₹23.3 Lakh | ₹25.6 Lakh | ₹10.9 Lakh | ₹61.3 Lakh |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹4.27 Cr | ₹4.36 Cr | ₹4.26 Cr | ₹5.22 Cr | ₹5.44 Cr | ₹6.33 Cr | ₹5.3 Cr | ₹5.49 Cr | ₹5.65 Cr | ₹6.08 Cr | ₹6.44 Cr | ₹6.52 Cr |
| Finance Costs | ₹22.22 Cr | ₹21.98 Cr | ₹21.78 Cr | ₹22.21 Cr | ₹22 Cr | ₹5.07 Cr | ₹22.02 Cr | ₹22.03 Cr | ₹25.12 Cr | ₹25.69 Cr | ₹26.13 Cr | ₹26.43 Cr |
| Depreciation & Amortisation | ₹6.77 Cr | ₹8.52 Cr | ₹10.45 Cr | ₹11.33 Cr | ₹11.44 Cr | ₹21.15 Cr | ₹31.66 Cr | ₹35.11 Cr | ₹38.94 Cr | ₹64.22 Cr | ₹39.91 Cr | ₹42.08 Cr |
| Other Expenses | ₹96.03 Cr | ₹91.54 Cr | ₹108.12 Cr | ₹100.25 Cr | ₹107.4 Cr | ₹100.25 Cr | ₹106.09 Cr | ₹104.04 Cr | ₹126 Cr | ₹113.56 Cr | ₹128.45 Cr | ₹130.69 Cr |
| Total Expenses | ₹129.3 Cr | ₹126.39 Cr | ₹144.6 Cr | ₹139.01 Cr | ₹146.27 Cr | ₹132.8 Cr | ₹165.07 Cr | ₹166.69 Cr | ₹195.93 Cr | ₹209.81 Cr | ₹201.04 Cr | ₹206.33 Cr |
| Profit Before Exceptional Items & Tax | -₹31.12 Cr | -₹43.76 Cr | -₹53.02 Cr | -₹45.39 Cr | -₹44.03 Cr | -₹2.47 Cr | -₹60.94 Cr | -₹71.15 Cr | -₹78.44 Cr | -₹70.35 Cr | -₹64.82 Cr | -₹64.97 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹67.79 Cr | ₹0 | ₹0 | -₹5.32 Cr | -₹34.62 Cr | ₹0 | ₹0 |
| Profit Before Tax | -₹31.12 Cr | -₹43.76 Cr | -₹53.02 Cr | -₹45.39 Cr | -₹44.03 Cr | ₹65.32 Cr | -₹60.94 Cr | -₹71.15 Cr | -₹83.76 Cr | -₹104.97 Cr | -₹64.82 Cr | -₹64.97 Cr |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Profit | -₹31.12 Cr | -₹43.76 Cr | -₹53.02 Cr | -₹45.39 Cr | -₹44.03 Cr | ₹65.32 Cr | -₹60.94 Cr | -₹71.15 Cr | -₹83.76 Cr | -₹104.97 Cr | -₹64.82 Cr | -₹64.97 Cr |
| Other Comprehensive Income | ₹2.5 Lakh | ₹2.6 Lakh | -₹11.5 Lakh | ₹7.3 Lakh | ₹7.3 Lakh | ₹12.6 Lakh | ₹5.5 Lakh | ₹5.5 Lakh | ₹5.5 Lakh | ₹15.1 Lakh | ₹2.3 Lakh | ₹2.3 Lakh |
| Total Comprehensive Income | -₹31.1 Cr | -₹43.74 Cr | -₹53.13 Cr | -₹45.31 Cr | -₹43.95 Cr | ₹65.45 Cr | -₹60.89 Cr | -₹71.1 Cr | -₹83.71 Cr | -₹104.82 Cr | -₹64.8 Cr | -₹64.95 Cr |
| EBITDA (computed) | -₹2.13 Cr | -₹13.27 Cr | -₹20.8 Cr | -₹11.84 Cr | -₹10.59 Cr | ₹23.75 Cr | -₹7.27 Cr | -₹14.01 Cr | -₹14.39 Cr | ₹19.55 Cr | ₹1.22 Cr | ₹3.53 Cr |
| Basic EPS | ₹-0.36 | ₹-0.50 | ₹-0.61 | ₹-0.52 | ₹-0.50 | ₹0.75 | ₹-0.70 | ₹-0.82 | ₹-0.96 | ₹-1.20 | ₹-0.74 | ₹-0.75 |
| Diluted EPS | ₹-0.36 | ₹-0.50 | ₹-0.61 | ₹-0.52 | ₹-0.50 | ₹0.75 | ₹-0.70 | ₹-0.82 | ₹-0.96 | ₹-1.20 | ₹-0.74 | ₹-0.75 |
Shareholding Pattern of Siti Networks Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 6.10%, foreign institutional investors hold 2.05%, domestic institutional investors hold 2.43%, retail and other public shareholders hold 89.42% of Siti Networks Limited. The company had 253,666 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 6.10% | 6.10% | 6.10% | 6.10% | 6.10% | 6.10% |
| Public | 93.90% | 93.90% | 93.90% | 93.90% | 93.90% | 93.90% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 6.10% | 6.10% | 6.10% | 6.10% | 6.10% | 6.10% | 65.68% | 65.68% | 73.45% | 73.57% | 70.99% |
| Public | 93.90% | 93.90% | 93.90% | 93.90% | 93.90% | 93.90% | 34.32% | 34.32% | 26.55% | 26.43% | 29.01% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | -59.58 | +0.00 | -7.77 | -0.12 | +2.58 | - |
Board & Governance of Siti Networks Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Siti Networks Limited has 4 directors - 1 independent and 0 executive.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| SURESH ARORA | Non-Executive - Non Independent Director | 2025-06-14 | 1 |
| AMITABH KUMAR | Non-Executive - Non Independent Director | 2019-12-30 | 2 |
| SHILPI ASTHANA | Non-Executive - Independent Director | 2021-12-27 | 1 |
| KAVITA ANAND KAPAHI | Non-Executive - Non Independent Director | 2021-04-01 | 2 |
| Committee | Members |
|---|---|
| Audit Committee | KAVITA ANAND KAPAHI, SHILPI ASTHANA |
| Nomination and remuneration committee | KAVITA ANAND KAPAHI, SHILPI ASTHANA |
| Stakeholders Relationship Committee | KAVITA ANAND KAPAHI (Chairperson), SURESH ARORA |
| Corporate Social Responsibility Committee | KAVITA ANAND KAPAHI (Chairperson), SURESH ARORA |
Group Structure of Siti Networks Limited
Siti Networks Limited has 24 subsidiary companies and 2 associated companies. This group structure data is as of FY 2022. The corporate group structure reflects Siti Networks Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Siti Broadband Services Private Limited | U64100DL2014PTC267911 | - |
| Siti Jai Maa Durgee Communications Private Limited | U64200DL2011PTC224429 | - |
| Siti Faction Digital Private Limited | U64200DL2012PTC244184 | - |
| Siti Global Private Limited | U64200DL2014PTC264632 | - |
| Siti Prime Uttaranchal Communication Private Limited | U64200DL2014PTC269035 | - |
| Siti Karnal Digital Media Network Private Limited | U64200DL2014PTC269230 | - |
Showing major subsidiaries. Total: 24.
Charges & Borrowings of Siti Networks Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Feb 2020 | Others | ₹5 Cr | Open |
| 26 Feb 2020 | Others | ₹5 Cr | Open |
| 24 Sep 2019 | Others | ₹1.9 Cr | Open |
| 30 Mar 2019 | Axis Bank Limited | ₹175 Cr | Open |
| 24 Aug 2018 | Others | ₹400 Cr | Open |
Total charge records: 37 View all charges
Employees and EPFO Compliance at Siti Networks Limited
Siti Networks Limited has a workforce of 197 employees as of Oct 23, 2024.
Employee Count & EPFO Data of Siti Networks Limited
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GST Compliance of Siti Networks Limited
GSTIN & GST Filing Data of Siti Networks Limited
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Credit Ratings, Litigation & Regulatory Alerts for Siti Networks Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Siti Networks Limited
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MSME Payment Delays by Siti Networks Limited
MSME Payment Delays by Siti Networks Limited
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Subsidiaries & Group Companies of Siti Networks Limited
Subsidiaries & Group Companies of Siti Networks Limited
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MCA Filings & Documents of Siti Networks Limited
MCA Filings & Documents of Siti Networks Limited
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Recent Activity on Siti Networks Limited
Recent News on Siti Networks Limited
Frequently Asked Questions about Siti Networks Limited
Siti Networks Limited is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Siti Networks Limited is a company under insolvency, formerly operating as a public limited company in the media and publishing sector based in Mumbai, Maharashtra, India. It was incorporated on 24 March 2006 and is registered under CIN L64200MH2006PLC160733. Listed on BSE: 532795 and NSE: SITINET. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Siti Networks Limited reported revenue of ₹1,319.68 Cr for FY 2024 (down 4.00% YoY).
The current directors of Siti Networks Limited are:
The CIN (Corporate Identification Number) of Siti Networks Limited is L64200MH2006PLC160733. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Siti Networks Limited is listed on both BSE (code: 532795) and NSE (symbol: SITINET).