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Last Updated on: 14 April, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Den Networks Ltd

About the Company - Den Networks Ltd

Den Networks Ltd. is a Public Limited Listed company incorporated on 10/07/2007 and has its registered office in the State of Delhi, 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. 1153.76 Cr. and Equity Capital is Rs. 476.77 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Entertainment & MediaUnit No. 116, 1st Floor, C Wing, Bldg. No. 2, Kailas Industrial Complex, Mumbai Maharashtra 400079investorrelations@denonline.in
http://www.dennetworks.com
Management
NamePosition Held
Mr. Sameer ManchandaChairman & Non-Exe.Director
Mr. Anuj JainNon Executive Director
Ms. Geeta Kalyandas FulwadayaNon Executive Director
Mr. Saurabh SanchetiNon Executive Director
Dr.(Ms.) Archana Niranjan HingoraniIndependent Director
Mr. Rahul Yogendra DuttIndependent Director
Ms. Naina Krishna MurthyIndependent Director
Mr. Rajendra Dwarkadas HingwalaIndependent Director
Mr. Siddharth AchuthanIndependent Director

Den Networks Ltd. Share Price Update

Share PriceValue
Today₹51.39
Previous Day₹52.47

Basic Stock Data of Den Networks Ltd

Last Updated: April 8, 2024, 8:00 am

Market Cap 2,550 Cr.
Current Price 53.4
High / Low69.4/28.1
Stock P/E9.78
Book Value 69.0
Dividend Yield0.00 %
ROCE2.97 %
ROE6.01 %
Face Value 10.0

Data Source: screener.in

Den Networks Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales342326303325294303283287277283273277273
Expenses278261255281244248242250239249244235233
Operating Profit64654844505541383734294240
OPM %19%20%16%14%17%18%14%13%14%12%11%15%15%
Other Income5729343430285394327505251
Interest0000-00-0011111
Depreciation64614039363332283029282928
Profit before tax57334139445014495031506462
Tax %-4%-4%1%2%-1%4%8%1%1%-304%15%29%23%
Net Profit603441384449134849126424648
EPS in Rs1.370.770.860.830.951.050.271.001.032.800.890.960.99

Last Updated: April 6, 2024, 9:41 am

Den Networks Ltd Quarterly Chart

Den Networks Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1,1308971,0981,1309481,1571,2851,2061,2911,3071,2261,1301,110
Expenses1,0476998141,0371,1239811,0071,0291,0791,0581,024979968
Operating Profit8219728493-176176278177212250202152142
OPM %7%22%26%8%-19%15%22%15%16%19%16%13%13%
Other Income27386588511030-165176190120112172
Interest2747898279656659323013
Depreciation5481147186206276249242247251148119116
Profit before tax29107113-88-409-155-7-288110186174143195
Tax %35%27%34%-38%-5%-21%-139%-4%47%-2%2%-65%
Net Profit197875-122-431-188-17-30159189171236263
EPS in Rs1.094.652.15-8.08-24.21-10.74-1.76-5.811.474.153.695.095.68
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Den Networks Ltd Profit & Loss Yearly Chart

Den Networks Ltd Growth

Compounded Sales Growth
10 Years:2%
5 Years:-3%
3 Years:-4%
TTM:-4%
Compounded Profit Growth
10 Years:12%
5 Years:60%
3 Years:63%
TTM:66%
Stock Price CAGR
10 Years:-12%
5 Years:-5%
3 Years:2%
1 Year:82%
Return on Equity
10 Years:-2%
5 Years:2%
3 Years:4%
Last Year:6%

Den Networks Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital130133178178178194195477477477477477477
Reserves6757481,6781,5327926205912,0692,1262,2982,4762,7312,817
Preference Capital222000020000
Borrowings2587471,025998854505530480213002827
Other Liabilities4586486766491,1071,0881,041929872678554524574
Total Liabilities1,5212,2763,5573,3572,9312,4072,3573,9553,6883,4523,5073,7593,894
Fixed Assets5761,0461,3551,4251,4741,2991,186935763609557562544
CWIP7566941101294550192137212921
Investments221313791451091011272,139702,1401,9131,4262,094
Other Assets8471,0331,7281,6761,2199629948622,8346661,0161,7411,236
Total Assets1,5212,2763,5573,3572,9312,4072,3573,9553,6883,4523,5073,7593,894

Den Networks Ltd Reserves and Borrowings Chart

Den Networks Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 8517510861820218542268218129139
Cash from Investing Activity -130-668-1,248-481862-80-2,047429-361-258-54
Cash from Financing Activity 744551,126-109-161-277-411,933-68813496-115
Net Cash Flow29-37-14-9633-7464-729-9-33-30

Den Networks Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days9113313012910174866838262128
Inventory Days
Days Payable
Cash Conversion Cycle9113313012910174866838262128
Working Capital Days-3-83-148-170-167-129-69-105-95-86-78-82
ROCE %5%11%8%-1%-12%-4%4%-1%4%2%2%3%

Den Networks Ltd Financial Efficiency Indicators Chart

Den Networks Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters86.53%74.90%74.90%74.90%74.90%74.90%74.90%74.91%74.91%74.91%74.91%74.91%
FIIs0.71%1.31%0.76%0.76%1.03%1.05%1.22%1.19%1.27%1.08%1.24%1.30%
DIIs0.40%5.18%0.97%0.00%0.00%0.00%0.00%0.40%0.19%0.19%0.20%0.21%
Public12.26%18.51%23.27%24.24%23.97%23.95%23.78%23.41%23.56%23.74%23.57%23.50%
Others0.10%0.10%0.10%0.10%0.10%0.10%0.10%0.10%0.10%0.10%0.10%0.10%
No. of Shareholders27,55432,98674,75578,09286,90390,53598,72895,42592,90491,15389,34599,902

Den Networks Ltd Shareholding Pattern Chart

No. of Den Networks Ltd Shareholders

Den Networks Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
Motilal Oswal Nifty Microcap 250 Index Fund1183160.120.55
Groww Nifty Total Market Index Fund27000

Den Networks Ltd ROCE Trend

Den Networks Ltd EPS Trend

Den Networks Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)5.093.694.151.47-11.63
Diluted EPS (Rs.)5.093.694.151.47-11.63
Cash EPS (Rs.)7.466.749.386.38-1.12
Book Value[Excl.RevalReserv]/Share (Rs.)68.3063.2059.5556.0855.04
Book Value[Incl.RevalReserv]/Share (Rs.)68.3063.2059.5556.0855.04
Revenue From Operations / Share (Rs.)23.7125.7127.4227.0925.30
PBDIT / Share (Rs.)5.546.819.388.124.80
PBIT / Share (Rs.)3.043.704.122.95-0.26
PBT / Share (Rs.)3.013.694.052.28-5.92
Net Profit / Share (Rs.)4.963.634.121.21-6.19
NP After MI And SOA / Share (Rs.)5.093.694.151.47-5.82
PBDIT Margin (%)23.3726.4734.1929.9918.99
PBIT Margin (%)12.8214.3815.0210.88-1.03
PBT Margin (%)12.6914.3514.778.41-23.40
Net Profit Margin (%)20.9314.1215.034.45-24.47
NP After MI And SOA Margin (%)21.4814.3515.145.41-23.00
Return on Networth / Equity (%)7.575.957.132.68-10.89
Return on Capital Employeed (%)4.355.706.624.87-0.39
Return On Assets (%)6.465.015.731.89-7.01
Long Term Debt / Equity (X)0.000.000.000.000.10
Total Debt / Equity (X)0.000.000.000.080.12
Asset Turnover Ratio (%)0.290.320.330.310.31
Current Ratio (X)6.646.485.283.233.39
Quick Ratio (X)6.646.485.283.233.39
Interest Coverage Ratio (X)188.221167.24133.5412.173.90
Interest Coverage Ratio (Post Tax) (X)169.54623.9059.702.81-0.43
Enterprise Value (Cr.)-10.921118.722097.16-651.363552.51
EV / Net Operating Revenue (X)-0.010.911.60-0.502.95
EV / EBITDA (X)-0.043.454.69-1.6815.51
MarketCap / Net Operating Revenue (X)1.131.441.801.092.79
Price / BV (X)0.390.590.840.541.32
Price / Net Operating Revenue (X)1.131.441.801.092.79
EarningsYield0.190.100.080.04-0.08

Den Networks Ltd Profitability Ratios (%)

Den Networks Ltd Liquidity Ratios

Den Networks Ltd Liquidity Ratios (%)

Den Networks Ltd Interest Coverage Ratios (%)

Den Networks Ltd Valuation Ratios

Fair Value of Den Networks Ltd Stock

Fair Value: 41.37

The stock is overvalued by 22.53% compared to the current price ₹53.4

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.

*Investments are subject to market risks

Strength and Weakness of Den Networks Ltd Stock

StrengthWeakness
  1. The stock has a low average Working Capital Days of -101.25, which is a positive sign.
  2. The company has higher reserves (1,627.15 cr) compared to borrowings (0.62 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (142.77 cr) and profit (8.46 cr) over the years.
  1. The stock has a low average ROCE of 1.75%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 77.08, which may not be favorable.

FAQ

What is the latest fair value of Den Networks Ltd?

The latest fair value of Den Networks Ltd is 41.37.

What is the Market Cap of Den Networks Ltd?

The Market Cap of Den Networks Ltd is 2,550 Cr..

What is the current Stock Price of Den Networks Ltd as on 13 April 2024?

The current stock price of Den Networks Ltd as on 13 April 2024 is 53.4.

What is the High / Low of Den Networks Ltd stocks in FY 2024?

In FY 2024, the High / Low of Den Networks Ltd stocks is ₹69.4/28.1.

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

The Stock P/E of Den Networks Ltd is 9.78.

What is the Book Value of Den Networks Ltd?

The Book Value of Den Networks Ltd is 69.0.

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 2.97 %.

What is the ROE of Den Networks Ltd?

The ROE of Den Networks Ltd is 6.01 %.

What is the Face Value of Den Networks Ltd?

The Face Value of Den Networks Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Den Networks Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE