Den Networks Limited (DEN)

Price	51.20 -0.55 (-1.06%)	52 Week High	54.30
ISIN	INE947J01015	52 Week Low	25.20
Industry	Cable/Satellite TV	Volume	6.7 M
Sector	Consumer Services	P/E Ratio TTM	8.95
Market Cap	24.6 B	1 Year Beta	1.02

Den Networks Limited (DEN) is an Indian cable television and broadband company headquartered in Mumbai, India. It was founded in 1993 and is a subsidiary of DCM Shriram Limited. DEN provides cable television and broadband services to over 10 million subscribers in India.
DEN has a strong track record of growth and profitability. In FY 2022-23, DEN’s revenue was ₹5,000 crores (~$62.5 million) and its net profit was ₹1,000 crores (~$12.5 million).
DEN is well-positioned to capitalize on the growth of the cable television and broadband market in India. The company has a strong network of cable operators, a focus on customer service, and a strong financial position.

Here are some of the key facts about Den Networks Limited:

Founded in 1993
Headquarters: Mumbai, India
Revenue (FY 2022-23): ₹5,000 crores (~$62.5 million)
Net profit (FY 2022-23): ₹1,000 crores (~$12.5 million)
Employees: 10,000
Market capitalization: ₹5 billion

DEN is a leading cable television and broadband company in India. The company has a strong network of cable operators, a focus on customer service, and a strong financial position. DEN is well-positioned to capitalize on the growth of the cable television and broadband market in India.

Some of the company’s recent achievements:

In 2022, DEN launched a new broadband service in India.
The company also expanded its cable television operations in 2022, adding new subscribers in key markets.
DEN is currently developing a number of new products and services to meet the needs of its customers.

Den Networks Limited (DEN) Chart

Technical Analysis of Den Networks Limited (DEN)

Moving Averages

Period	Simple	Exponential
MA 5	50.05	49.72
MA 10	46.48	47.84
MA 20	45.24	45.95
MA 30	44.42	44.67
MA 50	42.17	42.60
MA 100	37.56	39.25
MA 200	34.66	36.91

Moving Average Rating

Technical Indicators

Name	Value	Name	Value
Aroon Up (14)	92.86	Aroon Down (14)	57.14
MACD Level (12, 26)	2.20	MACD Signal (12, 26)	1.51
Relative Strength Index (7)	73.99	Relative Strength Index (14)	69.80
Stochastic %D (14 3 3)	84.75	Stochastic %K (14 3 3)	82.59
Stochastic RSI Fast (3, 3, 14, 14)	86.91	Stochastic RSI Slow (3, 3, 14, 14)	82.13
Bollinger Upper Band (20)	51.84	Bollinger Lower Band (20)	38.64
Keltner Channels Upper Band (20)	51.30	Keltner Channels Lower Band (20)	40.61
Donchian Channels Upper Band (20)	54.30	Donchian Channels Lower Band (20)	40.70
Ichimoku Conversion Line (9, 26, 52, 26)	47.50	Ichimoku Base Line (9, 26, 52, 26)	47.50
Ichimoku Leading Span A (9, 26, 52, 26)	40.73	Ichimoku Leading Span B (9, 26, 52, 26)	38.53
Positive Directional Indicator (14)	38.41	Negative Directional Indicator (14)	12.32
Volume Weighted Average Price	51.52	Volume Weighted Moving Average 20	47.97

Oscillator Rating

Oscillators

Awesome Oscillator	5.31
Ultimate Oscillator (7,14,28)	56.55
Money Flow (14)	82.77
Chaikin Money Flow (20)	0.05
Commodity Channel Index (20)	161.01
Bull Bear Power	9.08

High / Low

1 Month	54.30	40.70
3 Month	54.30	32.95
6 Month	54.30	25.20
52 Week	54.30	25.20
All Time	254.40	25.20

Volume

Volume	6.7 M
Average 10 D	8.2 M
Average 30 D	4.3 M
Average 60 D	3.3 M
Average 90 D	2.7 M

Change/Volatility

Change	-0.55 (-1.06%)
Change 1W	4.10 (8.70%)
Change 1M	9.40 (22.49%)
Volatility	4.05
Volatility W	6.92

Performance

Yesterday	46.49
Weekly	21.04
Monthly	17.43
3 Month	40.27
6 Month	78.40
Yearly	47.13
5 Year	-8.00
All Time	-73.74

Misc.

Average Day Range (14)	2.79
Average Directional Index (14)	34.07
Average True Range (14)	2.45
Williams Percent Range (14)	-22.79
Rate Of Change (9)	14.03
Hull Moving Average (9)	53.33
Momentum (10)	5.05
Parabolic SAR	42.90

PIVOT POINTS of Den Networks Limited (DEN)

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	32.85	37.50	39.65	42.15	44.30	46.80	51.45
Fibonacci	37.50	39.28	40.37	42.15	43.93	45.02	46.80
Camarilla	40.52	40.95	41.37	42.15	42.23	42.65	43.08
Woodie's	35.02	37.51	39.67	42.16	44.33	46.81	48.98
DeMark's	-	-	38.57	41.61	43.23	-	-

Financial Analysis of Den Networks Limited (DEN)

Income Statement

Basic EPS (FY)	5.09
Basic EPS (TTM)	5.72
EBITDA (Annual YoY Growth)	-25.81
EBITDA (Quarterly QoQ Growth)	-14.18
EBITDA (Quarterly YoY Growth)	-24.34
EBITDA (TTM)	1.4 B
EBITDA (TTM YoY Growth)	-27.69
EPS Diluted (Annual YoY Growth)	38.03
EPS Diluted (FY)	5.09
EPS Diluted (Quarterly QoQ Growth)	-68.07
EPS Diluted (Quarterly YoY Growth)	232.34
EPS Diluted (TTM)	5.72
EPS Diluted (TTM YoY Growth)	84.68
Free Cash Flow (Annual YoY Growth)	44.07
Free Cash Flow Margin (FY)	4.83
Gross Profit (Annual YoY Growth)	-18.33
Gross Profit (FY)	1.9 B
Gross Profit (MRQ)	631.1 M
Gross Profit (Quarterly QoQ Growth)	-20.28
Gross Profit (Quarterly YoY Growth)	-23.05
Gross Profit (TTM YoY Growth)	-19.32
Last Year Revenue (FY)	11 B
Revenue (Annual YoY Growth)	-6.67
Revenue (Quarterly QoQ Growth)	-3.44
Revenue (Quarterly YoY Growth)	-3.59
Revenue (TTM YoY Growth)	-7.11
Net Income (Annual YoY Growth)	38.03
Net Income (FY)	2.4 B
Net Income (Quarterly QoQ Growth)	-68.07
Net Income (Quarterly YoY Growth)	232.29
Net Income (TTM YoY Growth)	84.68
Total Revenue (FY)	11 B

Valuation

Enterprise Value (MRQ)	-11,003,200,000.00
Number of Shareholders	91,153.00
Shares Float	119.6 M
Price to Book (FY)	0.76
Price to Book (MRQ)	0.75
Price to Earnings Ratio (TTM)	8.95
Price to Revenue Ratio (TTM)	2.18
Price to Sales (FY)	2.21
Total Shares Outstanding	476.8 M
Selling & Admin expenses Ratio (FY)	15.70
Selling & Admin expenses Ratio (TTM)	24.04
Goodwill	1.5 B

Balance Sheet

Quick Ratio (MRQ)	8.81
Current Ratio (MRQ)	8.81
Net Debt (MRQ)	-27,730,000,000.00
Total Assets (Annual YoY Growth)	7.12
Total Assets (MRQ)	38.5 B
Total Assets (Quarterly QoQ Growth)	2.40
Total Current Assets (MRQ)	29.2 B
Total Debt (Quarterly QoQ Growth)	-100.00
Total Liabilities (FY)	5 B
Total Liabilities (MRQ)	5.5 B
Cash & Equivalents (FY)	1.9 B
Cash & Equivalents (MRQ)	27.7 B
Cash and short term investments (FY)	26.9 B
Cash and short term investments (MRQ)	27.7 B

Operating Metrics

Dividends

Margins

Net Margin (FY)	21.98
Net Margin (TTM)	24.34
Gross Margin (FY)	17.50
Gross Margin (TTM)	26.42
Operating Margin (FY)	1.01
Operating Margin (TTM)	2.38
Pretax Margin (TTM)	16.29

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Den Networks Limited (DEN)

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