Flash Finance

Den Networks LimitedDENCorporate

Entertainment / Electronic Media Software Latest results: Sep 2026 15 quarters of data
Consolidated Standalone
₹26.15
MCap ₹1,247 Cr · P/E 8.4
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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹233 Cr
Sales · Sep 2026
-3.5% YoY
₹10 Cr
Operating Profit · Sep 2026
-44.1% YoY
4.3%
OPM % · Sep 2026
-42.7% YoY
₹37 Cr
Net Profit · Sep 2026
+5.1% YoY
₹0.76
EPS · Sep 2026
+2.7% YoY

📝 Den Networks Limited — results explained

Quarter ended September 2026 (Q2 FY27)

Den Networks Limited reported revenue of ₹233 crore for the quarter ended September 2026 (Q2 FY27), down 3.5% from ₹241 crore in the same quarter last year, and down 4.2% sequentially over the June 2026 quarter.

Net profit rose 5.1% year-on-year to ₹37 crore, from ₹35 crore. Earnings per share (EPS) came in at ₹0.76.

Operating profit stood at ₹10 crore — an operating margin (OPM) of 4.3%, compared with 7.5% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Den Networks Limited posted revenue of ₹974 crore, a decline of 3.1% over FY25, with a net profit of ₹165 crore (down 15.9% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹967 crore with a net profit of ₹148 crore.

Valuation snapshot

At the current price of ₹26.15, DEN has a market capitalisation of ₹1,247 crore and a trailing P/E of about 8.4.

Within the Entertainment / Electronic Media Software industry, it is the 9th-largest of the 52 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 74.90%, foreign institutional investors (FIIs) 0.33%, public shareholders 24.67% of Den Networks Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹1,247 Cr
Current Price ?
₹26.1
P/E ?
8.41below ind
Industry P/E ?
13.50
P/B ?
0.32
P/S ?
1.29
P/FCF ?
-21.87
Enterprise Value ?
₹1,258 Cr
EV/EBITDA ?
24.59
PEG ?
N/A
Earnings Yield ?
-2.5%
Dividend Yield ?
0.00%
Profitability & Returns
Sales (TTM) ?
₹967 Cr
OPM ?
5.3%
Profit after tax (TTM) ?
₹148 Cr
EPS (TTM) ?
₹3.11
ROCE ?
6.0%
ROE ?
3.8%
ROA ?
3.3%
Growth
Sales — latest qtr ?
₹233 Cr
PAT — latest qtr ?
₹37 Cr
YoY qtr sales growth ?
-3.5%
YoY qtr profit growth ?
5.1%
Sales growth (3y) ?
-5%
Sales growth (5y) ?
-6%
Profit growth (3y) ?
-5%
Profit growth (5y) ?
21%
Financial Health
Debt ?
₹12 Cr
Debt to Equity ?
0.00
Interest Coverage ?
-20.4
Current Ratio ?
N/A
Ownership
Promoter holding ?
74.90%
Change in promoter holding ?
-0.01%
Pledged percentage ?
N/A
Market
Return 3 months ?
-4.3%
Return 6 months ?
-10.6%

🗓️ Quarterly results (15 quarters · ₹ Cr)

same fiscal quarter as Sep bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026 YoY % QoQ %
Sales 283273277273258248249261248241241251241243233 -3.5% -4.2%
Operating Profit 363143414028282828211813151310 -44.1% -20.7%
Other Income 275052515555695567695258535561 +16.8% +9.6%
Interest 111111111110000 -68.1% -27.7%
Depreciation 292829282826272626244823212019 -60.7% -6.3%
Profit Before Tax 3150646269556955696511148494649 -55.9% +5.2%
Net Profit 1264246487743524260543540363537 +5.1% +6.3%
EPS 2.800.890.960.991.660.951.090.851.301.140.740.800.810.770.76 +2.7% -1.3%
OPM % 12.8% 11.3% 15.6% 14.9% 15.5% 11.4% 11.2% 10.6% 11.5% 8.7% 7.5% 5.2% 6.4% 5.2% 4.3% -42.7% -17.3%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹1,005 Cr ₹974 Cr ₹967 Cr -3.1%
Operating Profit ₹112 Cr ₹67 Cr ₹51 Cr -39.8%
OPM % 11.15% 6.92% 5.29% -37.9%
NPM % 19.57% 16.99% 15.32% -13.2%
Other Income ₹247 Cr ₹232 Cr ₹227 Cr -5.8%
Depreciation ₹106 Cr ₹116 Cr ₹82 Cr +9.3%
Interest ₹2 Cr ₹2 Cr ₹2 Cr +12.9%
EBIT ₹6 Cr ₹-48 Cr ₹-31 Cr -865.0%
PBT ₹249 Cr ₹273 Cr ₹193 Cr +9.9%
Tax ₹52 Cr ₹32 Cr ₹44 Cr -38.9%
Net Profit ₹197 Cr ₹165 Cr ₹148 Cr -15.9%
EPS ₹4.19 ₹3.49 ₹3.14 -16.7%
Material Cost ₹585 Cr ₹469 Cr ₹646 Cr -19.9%
Employee Cost ₹80 Cr ₹52 Cr ₹62 Cr -34.9%
Extraordinary Items ₹-1 Cr — ₹-1 Cr —

🏛️ Balance Sheet (latest 5 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026 % Chg
Equity Capital 477477477477477 -0.0%
Reserves 2,7312,9433,1433,3083,381 +2.2%
Borrowings 2826232012 -42.0%
Other Liabilities 524481500478589 +23.2%
Total Liabilities 3,7593,9274,1424,2834,458 +4.1%
Fixed Assets 562515463404370 -8.3%
CWIP 29181487 -6.5%
Investments 1,4261,7091,516210419 +99.5%
Other Assets 1,7411,6852,1493,6613,661 +0.0%
Total Assets 3,7593,9274,1424,2834,458 +4.1%

📦 Working Capital (latest 1 periods)

Metric Sep 2026 % Chg
Trade Receivables 153 —
Trade Payables 407 —

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 1398418-17 -194.4%
Cash from Investing Activity -54-66-2224 +209.1%
Cash from Financing Activity -115-7-7-3 +57.1%
Net Cash Flow -3011-114 +136.4%
Free Cash Flow 4130-22-57 -159.1%
CFO/OP 69%59%44%102% +131.8%

💧 Half-year Cash Flow (latest 1 periods)

Metric Sep 2026 % Chg
Cash from Operating Activity 3 —
Cash from Investing Activity -9 —
Cash from Financing Activity -4 —
Net Cash Flow -9 —

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 28375540 -27.3%
Cash Conversion Cycle 28375540 -27.3%
Working Capital Days -82-69-66-6 +90.9%
ROCE % 3%2%5%6% +20.0%

👥 Shareholding (latest 6 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026 % Chg
Promoters 74.91%74.90%74.90%74.90%74.90%74.90% +0.0%
FIIs 0.63%0.49%0.51%0.46%0.35%0.33% -5.7%
DIIs 0.14%0.14%0.14%0.14%0.05%— —
Public 24.23%24.40%24.36%24.42%24.61%24.67% +0.2%
Others 0.10%0.10%0.10%0.10%—— —
No. of Shareholders 1,63,3481,58,3771,53,5811,48,6751,47,4801,44,112 -2.3%

⚖️ Peer comparison

Industry: Entertainment / Electronic Media Software · top 25 of 52 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 PVRINOX PVR INOX ₹1,226.00 11,532 27.1 6,872 444 32.2% 6.5% 16.3% 218.9% 10.4% 204.6%
2 SAREGAMA Saregama India ₹497.60 9,552 43.3 1,041 221 36.0% 21.2% -15.9% 0.8% 27.5% 42.1%
3 TIPSMUSIC Tips Music ₹666.25 8,512 39.3 375 217 73.9% 57.9% 20.6% 29.9% 33.3% 90.3%
4 ZEEL Zee Entertainment ₹77.76 7,469 27.4 8,099 271 4.9% 3.3% -2.4% -60.1% -7.3% -155.3%
5 NETWORK18 Network18 Media ₹26.34 4,068 — 2,169 -32 2.2% -1.5% -69.2% 108.7% 10.3% -125.8%
6 DBCORP D.B.Corp ₹186.49 3,324 10.2 2,366 328 19.7% 13.9% 0.7% -10.3% -5.4% -26.4%
7 BASILIC Basilic Fly ₹567.60 1,434 30.3 351 47 22.3% 13.5% 21.0% 38.4% 8.9% -44.2%
8 JAGRAN Jagran Prakashan ₹62.09 1,351 7.6 1,916 179 13.3% 9.4% -0.6% 96.9% 8.5% -8.3%
9 DEN Den Networks ₹26.42 1,260 8.4 967 148 5.3% 15.3% -3.1% -15.9% -3.5% 5.1%
10 BALAJITELE Balaji Telefilms ₹92.46 1,127 — 379 -21 -7.9% -5.6% -53.3% -158.6% 229.2% 473.2%
11 NDTV New Delhi ₹70.00 790 — 537 -335 -50.4% -62.3% 13.5% -48.8% 8.5% -17.0%
12 SANDESH Sandesh ₹990.00 749 6.9 824 108 5.9% 13.1% 49.0% -13.0% 528.5% 70.5%
13 GTPL GTPL Hathway ₹56.46 635 — 4,015 -4 10.1% -0.1% 7.0% -75.9% 19.2% -150.7%
14 DIGIKORE Digikore Studios ₹499.35 632 25.3 66 13 33.4% 19.1% — — 142.7% 165.3%
15 TVTODAY TV Today ₹102.05 609 35.5 820 17 4.5% 2.1% -19.3% -80.9% 4.6% 39.6%
16 HMVL Hindustan Media ₹78.50 578 6.1 822 96 12.6% 11.6% 10.3% -34.5% 7.8% 451.6%
17 HTMEDIA HT Media ₹24.10 557 — 1,652 -50 3.6% -3.0% 2.6% -8584.5% -0.5% -123.5%
18 PHANTOMFX Phantom Digital ₹410.25 557 30.6 118 19 28.8% 16.1% — — 54.3% -12.5%
19 DISHTV Dish TV ₹2.62 482 — 1,099 -999 -17.2% -90.9% -25.9% -65.7% -19.2% -202.5%
20 ZEEMEDIA Zee Media ₹7.35 482 330.4 759 1 14.0% 0.2% 22.1% 101.2% 1.4% 26.6%
21 ENIL Entertainment Network ₹100.34 478 — 562 -8 8.3% -1.4% 3.9% -161.8% -2.8% -14.2%
22 NDLVENTURE NDL Ventures ₹121.12 408 — 1,045 -28 14.3% -2.7% 11.0% 107.1% -9.6% -70.4%
23 SABEVENTS Sab Events ₹132.60 398 — 2 -0 2.5% -14.9% 39.7% 43.2% 10.7% 21.5%
24 CINELINE Cineline India ₹89.96 343 24.9 251 12 22.1% 4.9% 9.9% 132.4% 47.9% -120.0%
25 SHEMAROO Shemaroo Entertainment ₹102.10 293 — 576 -181 -36.6% -31.4% -14.8% -158.3% -5.6% 82.4%
❓ Frequently asked questions
What was Den Networks Limited's revenue in Q2 FY27?
Den Networks Limited reported revenue of ₹233 crore for the quarter ended September 2026 (Q2 FY27), down 3.5% from ₹241 crore in the same quarter last year, and down 4.2% sequentially over the June 2026 quarter.
What was Den Networks Limited's net profit in Q2 FY27?
Net profit rose 5.1% year-on-year to ₹37 crore, from ₹35 crore. Earnings per share (EPS) came in at ₹0.76.
What is DEN's market capitalisation and P/E ratio?
At the current price of ₹26.15, DEN has a market capitalisation of ₹1,247 crore and a trailing P/E of about 8.4.
Who owns Den Networks Limited? (shareholding pattern)
As of Sep 2026, promoters held 74.90%, foreign institutional investors (FIIs) 0.33%, public shareholders 24.67% of Den Networks Limited.
TTM ends 2026-09-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI