HomeDEN • NSE
DEN Networks Ltd
₹53.10
Sep 27, 4:00:39 PM GMT+5:30 · INR · NSE · Disclaimer
StockIN listed security
Previous close
₹53.82
Day range
₹52.81 - ₹54.29
Year range
₹42.45 - ₹69.40
Market cap
25.32B INR
Avg Volume
2.57M
P/E ratio
11.63
Dividend yield
-
Primary exchange
NSE
Market news
Financials
Income Statement
Revenue
Net income
(INR)Jun 2024Y/Y change
Revenue
2.48B-9.39%
Operating expense
1.03B-6.05%
Net income
455.16M6.79%
Net profit margin
18.3917.88%
Earnings per share
——
EBITDA
193.64M-40.88%
Effective tax rate
21.96%—
Total assets
Total liabilities
(INR)Jun 2024Y/Y change
Cash and short-term investments
26.55B-1.41%
Total assets
——
Total liabilities
——
Total equity
36.13B—
Shares outstanding
479.12M—
Price to book
0.71—
Return on assets
——
Return on capital
0.17%—
Net change in cash
(INR)Jun 2024Y/Y change
Net income
455.16M6.79%
Cash from operations
——
Cash from investing
——
Cash from financing
——
Net change in cash
——
Free cash flow
——
About
DEN Networks Limited is an Indian cable television and broadband service provider company in India. It is owned by Sameer Manchanda and was acquired by Reliance Industries in 2018 along with Hathway. In 2003, it stood as one of the three major cable distributors in India alongside Hathway and InCablenet. On 17 October 2018, Reliance Industries announced that it had acquired a 66% stake in DEN for ₹2,290 crore. The shares would be held through multiple Reliance subsidiaries including Jio Futuristic Digital Holdings Private Limited, Jio Digital Distribution Holdings Private Limited, Jio Television Distribution Holdings Private Limited, Reliance Industries Limited Digital Media Distribution Trust, Reliance Content Distribution Limited and Reliance Industrial Investments and Holdings Limited. At the time of the acquisition, DEN had 106,000 broadband subscribers. The acquisition received approval from the Competition Commission of India in January 2019. Reliance acquired an additional 12.05% stake in DEN in March 2019 taking its total stake in the company to 78.62%. Wikipedia
Founded
2007
Employees
491
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