Den Networks Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: May 31, 2025, 9:26 pm

Market Cap	1,807 Cr.
Current Price	37.9
High / Low	58.9/28.1
Stock P/E	9.18
Book Value	75.8
Dividend Yield	0.00 %
ROCE	6.99 %
ROE	5.59 %
Face Value	10.0
PEG Ratio	47.80

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Den Networks Ltd

Competitors of Den Networks Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Hathway Bhawani Cabletel & Datacom Ltd	14.0 Cr.	17.3	23.7/14.9	350	2.22	0.00 %	3.38 %	2.25 %	10.0
G V Films Ltd	69.0 Cr.	0.37	1.04/0.34		0.61	0.00 %	2.27 %	2.08 %	1.00
Encash Entertainment Ltd	11.3 Cr.	29.0	/		20.8	0.00 %	4.70 %	4.70 %	10.0
Diksat Transworld Ltd	244 Cr.	139	149/130	141	13.7	0.00 %	3.36 %	4.21 %	10.0
Cyber Media (India) Ltd	23.7 Cr.	15.1	35.0/11.7		10.4	0.00 %	5.51 %	%	10.0
Industry Average	2,539.27 Cr	98.63		186.85	35.25	0.25%	41.80%	14.19%	6.04

All Competitor Stocks of Den Networks Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	303	283	287	277	283	273	277	273	258	248	249	261	248
Expenses	248	242	250	239	249	244	235	233	218	221	221	233	220
Operating Profit	55	41	38	37	34	29	42	40	40	27	28	27	28
OPM %	18%	14%	13%	14%	12%	11%	15%	15%	16%	11%	11%	10%	11%
Other Income	28	5	39	43	27	50	52	51	57	55	69	55	67
Interest	0	-0	0	1	1	1	1	1	1	1	1	1	0
Depreciation	33	32	28	30	29	28	29	28	28	26	27	26	26
Profit before tax	50	14	49	50	31	50	64	62	69	55	69	55	69
Tax %	4%	8%	1%	1%	-304%	15%	29%	23%	-12%	22%	25%	24%	13%
Net Profit	49	13	48	49	126	42	46	48	77	43	52	42	60
EPS in Rs	1.05	0.27	1.00	1.03	2.80	0.89	0.96	0.99	1.66	0.95	1.09	0.84	1.30

Last Updated: May 31, 2025, 9:25 am

Below is a detailed analysis of the quarterly data for Den Networks Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 248.00 Cr.. The value appears to be declining and may need further review. It has decreased from 261.00 Cr. (Dec 2024) to 248.00 Cr., marking a decrease of 13.00 Cr..
For Expenses, as of Mar 2025, the value is 220.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 233.00 Cr. (Dec 2024) to 220.00 Cr., marking a decrease of 13.00 Cr..
For Operating Profit, as of Mar 2025, the value is 28.00 Cr.. The value appears strong and on an upward trend. It has increased from 27.00 Cr. (Dec 2024) to 28.00 Cr., marking an increase of 1.00 Cr..
For OPM %, as of Mar 2025, the value is 11.00%. The value appears strong and on an upward trend. It has increased from 10.00% (Dec 2024) to 11.00%, marking an increase of 1.00%.
For Other Income, as of Mar 2025, the value is 67.00 Cr.. The value appears strong and on an upward trend. It has increased from 55.00 Cr. (Dec 2024) to 67.00 Cr., marking an increase of 12.00 Cr..
For Interest, as of Mar 2025, the value is 0.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1.00 Cr. (Dec 2024) to 0.00 Cr., marking a decrease of 1.00 Cr..
For Depreciation, as of Mar 2025, the value is 26.00 Cr.. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 26.00 Cr..
For Profit before tax, as of Mar 2025, the value is 69.00 Cr.. The value appears strong and on an upward trend. It has increased from 55.00 Cr. (Dec 2024) to 69.00 Cr., marking an increase of 14.00 Cr..
For Tax %, as of Mar 2025, the value is 13.00%. The value appears to be improving (decreasing) as expected. It has decreased from 24.00% (Dec 2024) to 13.00%, marking a decrease of 11.00%.
For Net Profit, as of Mar 2025, the value is 60.00 Cr.. The value appears strong and on an upward trend. It has increased from 42.00 Cr. (Dec 2024) to 60.00 Cr., marking an increase of 18.00 Cr..
For EPS in Rs, as of Mar 2025, the value is 1.30. The value appears strong and on an upward trend. It has increased from 0.84 (Dec 2024) to 1.30, marking an increase of 0.46.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: May 15, 2025, 6:52 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	1,098	1,130	948	1,157	1,285	1,206	1,291	1,307	1,226	1,130	1,081	1,005
Expenses	814	1,037	1,123	981	1,007	1,029	1,079	1,058	1,024	979	928	893
Operating Profit	284	93	-176	176	278	177	212	250	202	152	153	112
OPM %	26%	8%	-19%	15%	22%	15%	16%	19%	16%	13%	14%	11%
Other Income	65	88	51	10	30	-165	176	190	120	112	207	244
Interest	89	82	79	65	66	59	32	3	0	1	3	2
Depreciation	147	186	206	276	249	242	247	251	148	119	113	106
Profit before tax	113	-88	-409	-155	-7	-288	110	186	174	143	245	249
Tax %	34%	38%	5%	21%	139%	4%	47%	-2%	2%	-65%	13%	21%
Net Profit	75	-122	-431	-188	-17	-301	59	189	171	236	213	197
EPS in Rs	2.15	-8.08	-24.21	-10.74	-1.76	-5.81	1.47	4.15	3.69	5.09	4.50	4.19
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	-262.67%	-253.28%	56.38%	90.96%	-1670.59%	119.60%	220.34%	-9.52%	38.01%	-9.75%	-7.51%
Change in YoY Net Profit Growth (%)	0.00%	9.39%	309.66%	34.58%	-1761.55%	1790.19%	100.74%	-229.86%	47.54%	-47.76%	2.23%

Den Networks Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	-1%
5 Years:	-5%
3 Years:	-6%
TTM:	-7%

Compounded Profit Growth
10 Years:	13%
5 Years:	36%
3 Years:	45%
TTM:	-8%

Stock Price CAGR
10 Years:	-13%
5 Years:	-6%
3 Years:	2%
1 Year:	-23%

Return on Equity
10 Years:	0%
5 Years:	5%
3 Years:	6%
Last Year:	6%

Last Updated: Unknown

Balance Sheet

Last Updated: May 13, 2025, 3:38 pm

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	178	178	178	194	195	477	477	477	477	477	477	477
Reserves	1,678	1,532	792	620	591	2,069	2,126	2,298	2,476	2,731	2,943	3,143
Borrowings	1,027	998	854	505	530	482	213	0	0	28	26	23
Other Liabilities	673	649	1,107	1,088	1,041	927	872	678	554	524	481	500
Total Liabilities	3,557	3,357	2,931	2,407	2,357	3,955	3,688	3,452	3,507	3,759	3,927	4,142
Fixed Assets	1,355	1,425	1,474	1,299	1,186	935	763	609	557	562	515	463
CWIP	94	110	129	45	50	19	21	37	21	29	18	14
Investments	379	145	109	101	127	2,139	70	2,140	1,913	1,426	1,709	1,516
Other Assets	1,728	1,676	1,219	962	994	862	2,834	666	1,016	1,741	1,685	2,149
Total Assets	3,557	3,357	2,931	2,407	2,357	3,955	3,688	3,452	3,507	3,759	3,927	4,142

Below is a detailed analysis of the balance sheet data for Den Networks Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Equity Capital, as of Mar 2025, the value is 477.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 477.00 Cr..
For Reserves, as of Mar 2025, the value is 3,143.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,943.00 Cr. (Mar 2024) to 3,143.00 Cr., marking an increase of 200.00 Cr..
For Borrowings, as of Mar 2025, the value is 23.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 26.00 Cr. (Mar 2024) to 23.00 Cr., marking a decrease of 3.00 Cr..
For Other Liabilities, as of Mar 2025, the value is 500.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 481.00 Cr. (Mar 2024) to 500.00 Cr., marking an increase of 19.00 Cr..
For Total Liabilities, as of Mar 2025, the value is 4,142.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3,927.00 Cr. (Mar 2024) to 4,142.00 Cr., marking an increase of 215.00 Cr..
For Fixed Assets, as of Mar 2025, the value is 463.00 Cr.. The value appears to be declining and may need further review. It has decreased from 515.00 Cr. (Mar 2024) to 463.00 Cr., marking a decrease of 52.00 Cr..
For CWIP, as of Mar 2025, the value is 14.00 Cr.. The value appears to be declining and may need further review. It has decreased from 18.00 Cr. (Mar 2024) to 14.00 Cr., marking a decrease of 4.00 Cr..
For Investments, as of Mar 2025, the value is 1,516.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,709.00 Cr. (Mar 2024) to 1,516.00 Cr., marking a decrease of 193.00 Cr..
For Other Assets, as of Mar 2025, the value is 2,149.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,685.00 Cr. (Mar 2024) to 2,149.00 Cr., marking an increase of 464.00 Cr..
For Total Assets, as of Mar 2025, the value is 4,142.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,927.00 Cr. (Mar 2024) to 4,142.00 Cr., marking an increase of 215.00 Cr..

Notably, the Reserves (3,143.00 Cr.) exceed the Borrowings (23.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	108	61	8	202	185	42	268	218	129	139	84	18
Cash from Investing Activity +	-1,248	-48	186	2	-80	-2,047	429	-361	-258	-54	-66	-22
Cash from Financing Activity +	1,126	-109	-161	-277	-41	1,933	-688	134	96	-115	-7	-7
Net Cash Flow	-14	-96	33	-74	64	-72	9	-9	-33	-30	11	-11

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	283.00	-905.00	-1,030.00	-329.00	-252.00	-305.00	-1.00	250.00	202.00	124.00	127.00	89.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	133	130	129	101	74	86	68	38	26	21	28	37
Inventory Days
Days Payable
Cash Conversion Cycle	133	130	129	101	74	86	68	38	26	21	28	37
Working Capital Days	-83	-148	-170	-167	-129	-69	-105	-95	-86	-78	-82	487
ROCE %	11%	8%	-1%	-12%	-4%	4%	-1%	4%	2%	2%	3%	7%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	74.90%	74.90%	74.91%	74.91%	74.91%	74.91%	74.91%	74.91%	74.91%	74.91%	74.91%	74.91%
FIIs	1.05%	1.22%	1.19%	1.27%	1.08%	1.24%	1.30%	0.98%	1.11%	0.96%	0.76%	0.74%
DIIs	0.00%	0.00%	0.40%	0.19%	0.19%	0.20%	0.21%	0.17%	0.18%	0.18%	0.19%	0.20%
Public	23.95%	23.78%	23.41%	23.56%	23.74%	23.57%	23.50%	23.86%	23.72%	23.87%	24.05%	24.07%
Others	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%
No. of Shareholders	90,535	98,728	95,425	92,904	91,153	89,345	99,902	1,08,548	1,23,334	1,39,856	1,59,039	1,63,164

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Motilal Oswal Nifty Microcap 250 Index Fund	118,316	0.12	0.55	118,316	2025-04-22 17:25:37	0%
Groww Nifty Total Market Index Fund	270	0	0	270	2025-04-22 17:25:37	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	4.50	5.09	3.69	4.15	1.47
Diluted EPS (Rs.)	4.50	5.09	3.69	4.15	1.47
Cash EPS (Rs.)	6.86	7.46	6.74	9.38	6.38
Book Value[Excl.RevalReserv]/Share (Rs.)	72.64	68.30	63.20	59.55	56.08
Book Value[Incl.RevalReserv]/Share (Rs.)	72.64	68.30	63.20	59.55	56.08
Revenue From Operations / Share (Rs.)	22.67	23.71	25.71	27.42	27.09
PBDIT / Share (Rs.)	7.59	5.54	6.81	9.38	8.12
PBIT / Share (Rs.)	5.22	3.04	3.70	4.12	2.95
PBT / Share (Rs.)	5.17	3.01	3.69	4.05	2.28
Net Profit / Share (Rs.)	4.50	4.96	3.63	4.12	1.21
NP After MI And SOA / Share (Rs.)	4.50	5.09	3.69	4.15	1.47
PBDIT Margin (%)	33.46	23.37	26.47	34.19	29.99
PBIT Margin (%)	23.02	12.82	14.38	15.02	10.88
PBT Margin (%)	22.78	12.69	14.35	14.77	8.41
Net Profit Margin (%)	19.84	20.93	14.12	15.03	4.45
NP After MI And SOA Margin (%)	19.86	21.48	14.35	15.14	5.41
Return on Networth / Equity (%)	6.27	7.57	5.95	7.13	2.68
Return on Capital Employeed (%)	7.07	4.35	5.70	6.62	4.87
Return On Assets (%)	5.46	6.46	5.01	5.73	1.89
Total Debt / Equity (X)	0.00	0.00	0.00	0.00	0.08
Asset Turnover Ratio (%)	0.28	0.29	0.32	0.33	0.31
Current Ratio (X)	7.64	6.64	6.48	5.28	3.23
Quick Ratio (X)	7.64	6.64	6.48	5.28	3.23
Interest Coverage Ratio (X)	140.51	188.22	1167.24	133.54	12.17
Interest Coverage Ratio (Post Tax) (X)	84.32	169.54	623.90	59.70	2.81
Enterprise Value (Cr.)	1002.42	-10.92	1118.72	2097.16	-651.36
EV / Net Operating Revenue (X)	0.92	-0.01	0.91	1.60	-0.50
EV / EBITDA (X)	2.77	-0.04	3.45	4.69	-1.68
MarketCap / Net Operating Revenue (X)	2.08	1.13	1.44	1.80	1.09
Price / BV (X)	0.65	0.39	0.59	0.84	0.54
Price / Net Operating Revenue (X)	2.08	1.13	1.44	1.80	1.09
EarningsYield	0.09	0.19	0.10	0.08	0.04

After reviewing the key financial ratios for Den Networks Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 4.50. This value is below the healthy minimum of 5. It has decreased from 5.09 (Mar 23) to 4.50, marking a decrease of 0.59.
For Diluted EPS (Rs.), as of Mar 24, the value is 4.50. This value is below the healthy minimum of 5. It has decreased from 5.09 (Mar 23) to 4.50, marking a decrease of 0.59.
For Cash EPS (Rs.), as of Mar 24, the value is 6.86. This value is within the healthy range. It has decreased from 7.46 (Mar 23) to 6.86, marking a decrease of 0.60.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 72.64. It has increased from 68.30 (Mar 23) to 72.64, marking an increase of 4.34.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 72.64. It has increased from 68.30 (Mar 23) to 72.64, marking an increase of 4.34.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 22.67. It has decreased from 23.71 (Mar 23) to 22.67, marking a decrease of 1.04.
For PBDIT / Share (Rs.), as of Mar 24, the value is 7.59. This value is within the healthy range. It has increased from 5.54 (Mar 23) to 7.59, marking an increase of 2.05.
For PBIT / Share (Rs.), as of Mar 24, the value is 5.22. This value is within the healthy range. It has increased from 3.04 (Mar 23) to 5.22, marking an increase of 2.18.
For PBT / Share (Rs.), as of Mar 24, the value is 5.17. This value is within the healthy range. It has increased from 3.01 (Mar 23) to 5.17, marking an increase of 2.16.
For Net Profit / Share (Rs.), as of Mar 24, the value is 4.50. This value is within the healthy range. It has decreased from 4.96 (Mar 23) to 4.50, marking a decrease of 0.46.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 4.50. This value is within the healthy range. It has decreased from 5.09 (Mar 23) to 4.50, marking a decrease of 0.59.
For PBDIT Margin (%), as of Mar 24, the value is 33.46. This value is within the healthy range. It has increased from 23.37 (Mar 23) to 33.46, marking an increase of 10.09.
For PBIT Margin (%), as of Mar 24, the value is 23.02. This value exceeds the healthy maximum of 20. It has increased from 12.82 (Mar 23) to 23.02, marking an increase of 10.20.
For PBT Margin (%), as of Mar 24, the value is 22.78. This value is within the healthy range. It has increased from 12.69 (Mar 23) to 22.78, marking an increase of 10.09.
For Net Profit Margin (%), as of Mar 24, the value is 19.84. This value exceeds the healthy maximum of 10. It has decreased from 20.93 (Mar 23) to 19.84, marking a decrease of 1.09.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 19.86. This value is within the healthy range. It has decreased from 21.48 (Mar 23) to 19.86, marking a decrease of 1.62.
For Return on Networth / Equity (%), as of Mar 24, the value is 6.27. This value is below the healthy minimum of 15. It has decreased from 7.57 (Mar 23) to 6.27, marking a decrease of 1.30.
For Return on Capital Employeed (%), as of Mar 24, the value is 7.07. This value is below the healthy minimum of 10. It has increased from 4.35 (Mar 23) to 7.07, marking an increase of 2.72.
For Return On Assets (%), as of Mar 24, the value is 5.46. This value is within the healthy range. It has decreased from 6.46 (Mar 23) to 5.46, marking a decrease of 1.00.
For Total Debt / Equity (X), as of Mar 24, the value is 0.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.28. It has decreased from 0.29 (Mar 23) to 0.28, marking a decrease of 0.01.
For Current Ratio (X), as of Mar 24, the value is 7.64. This value exceeds the healthy maximum of 3. It has increased from 6.64 (Mar 23) to 7.64, marking an increase of 1.00.
For Quick Ratio (X), as of Mar 24, the value is 7.64. This value exceeds the healthy maximum of 2. It has increased from 6.64 (Mar 23) to 7.64, marking an increase of 1.00.
For Interest Coverage Ratio (X), as of Mar 24, the value is 140.51. This value is within the healthy range. It has decreased from 188.22 (Mar 23) to 140.51, marking a decrease of 47.71.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 84.32. This value is within the healthy range. It has decreased from 169.54 (Mar 23) to 84.32, marking a decrease of 85.22.
For Enterprise Value (Cr.), as of Mar 24, the value is 1,002.42. It has increased from -10.92 (Mar 23) to 1,002.42, marking an increase of 1,013.34.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 0.92. This value is below the healthy minimum of 1. It has increased from -0.01 (Mar 23) to 0.92, marking an increase of 0.93.
For EV / EBITDA (X), as of Mar 24, the value is 2.77. This value is below the healthy minimum of 5. It has increased from -0.04 (Mar 23) to 2.77, marking an increase of 2.81.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 2.08. This value is within the healthy range. It has increased from 1.13 (Mar 23) to 2.08, marking an increase of 0.95.
For Price / BV (X), as of Mar 24, the value is 0.65. This value is below the healthy minimum of 1. It has increased from 0.39 (Mar 23) to 0.65, marking an increase of 0.26.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 2.08. This value is within the healthy range. It has increased from 1.13 (Mar 23) to 2.08, marking an increase of 0.95.
For EarningsYield, as of Mar 24, the value is 0.09. This value is below the healthy minimum of 5. It has decreased from 0.19 (Mar 23) to 0.09, marking a decrease of 0.10.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Den Networks Ltd as of June 1, 2025 is: 31.74

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of June 1, 2025, Den Networks Ltd is Overvalued by 16.25% compared to the current share price 37.90

Intrinsic Value of Den Networks Ltd as of June 1, 2025 is: 31.80

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of June 1, 2025, Den Networks Ltd is Overvalued by 16.09% compared to the current share price 37.90

Last 5 Year EPS CAGR: 0.19%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of -60.42, which is a positive sign. The company has higher reserves (1,916.58 cr) compared to borrowings (390.50 cr), indicating strong financial stability. The company has shown consistent growth in sales (79.92 cr) and profit (22.75 cr) over the years.	The stock has a low average ROCE of 1.92%, which may not be favorable. The stock has a high average Cash Conversion Cycle of 72.58, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Den Networks Ltd:
1. Net Profit Margin: 19.84%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 7.07% (Industry Average ROCE: 41.8%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 6.27% (Industry Average ROE: 14.19%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 84.32
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 7.64
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 9.18 (Industry average Stock P/E: 186.85)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Den Networks Ltd. is a Public Limited Listed company incorporated on 10/07/2007 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L92490MH2007PLC344765 and registration number is 165673. Currently Company is involved in the business activities of Television programming and broadcasting activities. Company's Total Operating Revenue is Rs. 989.15 Cr. and Equity Capital is Rs. 476.77 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Entertainment & Media	Unit No. 116, 1st Floor, C Wing, Bldg. No. 2, Kailas Industrial Complex, Mumbai Maharashtra 400079	investorrelations@denonline.in http://www.dennetworks.com

Management
Name	Position Held
Mr. Sameer Manchanda	Chairman & Non-Exe.Director
Mr. Anuj Jain	Non Executive Director
Ms. Geeta Kalyandas Fulwadaya	Non Executive Director
Mr. Saurabh Sancheti	Non Executive Director
Mr. Rahul Yogendra Dutt	Independent Director
Ms. Naina Krishna Murthy	Independent Director
Mr. Rajendra Dwarkadas Hingwala	Independent Director
Mr. Siddharth Achuthan	Independent Director

FAQ

What is the intrinsic value of Den Networks Ltd?

Den Networks Ltd's intrinsic value (as of 31 May 2025) is ₹31.74 — 16.25% lower the current market price of 37.90, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 1,807 Cr. market cap, FY2025-2026 high/low of ₹58.9/28.1, reserves of 3,143 Cr, and liabilities of 4,142 Cr.

What is the Market Cap of Den Networks Ltd?

The Market Cap of Den Networks Ltd is 1,807 Cr..

What is the current Stock Price of Den Networks Ltd as on 31 May 2025?

The current stock price of Den Networks Ltd as on 31 May 2025 is 37.9.

What is the High / Low of Den Networks Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Den Networks Ltd stocks is ₹58.9/28.1.

What is the Stock P/E of Den Networks Ltd?

The Stock P/E of Den Networks Ltd is 9.18.

What is the Book Value of Den Networks Ltd?

The Book Value of Den Networks Ltd is 75.8.

What is the Dividend Yield of Den Networks Ltd?

The Dividend Yield of Den Networks Ltd is 0.00 %.

What is the ROCE of Den Networks Ltd?

The ROCE of Den Networks Ltd is 6.99 %.

What is the ROE of Den Networks Ltd?

The ROE of Den Networks Ltd is 5.59 %.

What is the Face Value of Den Networks Ltd?

The Face Value of Den Networks Ltd is 10.0.