💡 Did you know?
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
History
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
DEN Networks Limited is an India-based mass media and entertainment company. The Company is primarily engaged in the distribution of television channels through a digital cable distribution network. It provides visual entertainment to its customers through digital cable…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling, stagnant business, trading cheap versus its own history — but flagged on governance.
Den Networks is scored on the general / industrial framework. It keeps a healthy 13.7% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT -0.10×) — worth a closer look. Free cash flow is worth about 0.6% of its market value.
Over the last 3 years revenue compounded at -1%/yr and profit at -11%/yr. Book value has grown 7%/yr. Return on equity is a weak 3.9%. In the latest quarter profit grew 6% versus the prior quarter.
At 6× earnings, the stock sits at the 7th percentile of its own 4.6-year range — the cheap end of where it has historically traded. Today's price asks for only ~-3%/yr growth over a decade — undemanding expectations. The forensic screen raises 2 red flags: Only ₹0.28 of cash per ₹1 profit over 4 years — earnings not converting to cash; 98% of pre-tax profit is other income, not operations.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 8.39 | — | — |
| P/B | 0.32 | 1.44 | better |
| EV/EBITDA | — | — | — |
| ROE | 3.88 | — | — |
| ROCE | 5.01 | 2.12 | better |
| ROA | 3.32 | — | — |
| Quick Ratio | 8.36 | 2.08 | better |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Sun TV Network | 15.2 | 1.7 | 11.4% |
| PVR Inox | 25.6 | 2.1 | 6.4% |
| Saregama India | 49.6 | 7.0 | 13.3% |
Revenue declined 3% in the latest year — a break from prior trajectory. Negative CAGR — the top line has shrunk over this window.
Revenue is outpacing profit (-1% vs -11%) — costs are rising faster than the top line.
Operating margin has expanded from 12% to 17% — the business is keeping more of each rupee earned. The gap between operating and net margin is widening — interest or tax costs are rising.
ROE at 5% — modest; the capital isn't working hard. Low variance across years — a predictable business that earns steadily on its equity base.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. EPS outpaced profit growth — possible buybacks are concentrating earnings into fewer shares. -9% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
1 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Financing outflows in consecutive years — balance-sheet discipline through debt repayment or dividends.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating. Low quarterly variance (5% spread) — a predictable, non-seasonal revenue stream.
How today's P/E compares to the stock's own historical range. Dashed line = the 4.6y median.
Promoters hold 74.9% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.