Den Networks share price today

Den Networks Ltd's share price was ₹26.12 at the close on 6 November 2026. It has been falling for 105 weeks. That is 7.6% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹24 and ₹33, and at that close it sat 23% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Den Networks Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 1 week in a row.

Over the last 11 years the share price moved −69% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: lowest operating margin in 16 quarters, profit grew again in the September 2026 quarter and foreign funds (FIIs) cut their stake for 3 quarters in a row.

1. Lowest operating margin in 16 quarters

   Operating margin was 3.1% in the September 2026 quarter, against 7% a year earlier.

2. Profit grew again in the September 2026 quarter

   Profit was ₹37 crore, +5.7% on a year earlier (₹35 crore), after 4 quarters of decline.

3. Foreign funds (FIIs) cut their stake for 3 quarters in a row

   From 0.5% to 0.3% of the company by the September 2026 quarter.

For July to September 2026 (the quarter ended 30 September 2026), Den Networks reported revenue of ₹233 crore, down 3.3% from ₹241 crore a year earlier, and a profit of ₹37.0 crore, up 5.7% from ₹35.0 crore.

Den Networks results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Den Networks closed at ₹26.12 on 6 November 2026, down 20.0% from ₹32.65 a year earlier (7 November 2025) and down 40.9% over five years. Its highest weekly close since March 2016 was ₹133.55 on 12 January 2018.

Den Networks share price: then and now

Weekly closing prices. Each change is the move from that price to the 6 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

560 weekly closes from 11 March 2016 to 6 November 2026.

6 Nov 2026: Den Networks closed at ₹26.12, up 7.1% on the week and up 1.0% on the month. Results for July to September 2026: Revenue down 3.3% and profit up 5.7% on a year earlier.

Den Networks has paid no dividend on the NSE since 1 April 2021, the start of the period we checked.

No. Den Networks Ltd paid out 0% of its profit as dividends in each of its last 13 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 7 November 2026.

Den Networks is on one of our India lists: Penny stocks.

Den Networks Ltd earned ₹37.0 Cr of net profit in the Sep 2026 quarter, +5.7% on the same quarter a year earlier. Full-year FY26 profit was ₹166 Cr. That is 15.9% of the quarter's revenue. The same quarter a year earlier earned ₹35.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹166 Cr (−15.7% on the year before).

Why profit moved: revenue changed −3.3% on a year earlier and the margin moved −3.9 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed −18.6% and revenue −2.3%. Profit is growing slower than sales: rising costs are taking part of the growth.

Den Networks Ltd reported ₹233 Cr of revenue in the Sep 2026 quarter, −3.3% on the same quarter a year earlier. Over 10 years it has grown 0.3% a year on average. The last full year, FY26, came in at ₹974 Cr. The last four reported quarters add to ₹968 Cr.

Revenue is everything the company billed its customers in the period.

FY26 revenue was ₹974 Cr, −3.1% on the year before.

Recent pace: the last four quarters grew −2.3% on average, against 0.3% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew −2.3%, against −3.0% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −22.5%, against −18.0% a year (rolling over).

Den Networks Ltd's operating margin was 3.1% in the Sep 2026 quarter, 3.9 percentage points lower than the same quarter a year ago. Across 13 years it has been between −19.0% and 26.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −4.3 percentage points on the year while gross margin changed +0.0 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 15% of Den Networks Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 its operations used ₹17.0 Cr of cash, against ₹166 Cr of profit. After ₹26.0 Cr of spending on assets, free cash was −₹43.0 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 15% of profit came in as cash: the cash cycle got 14 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page.

What to look at next: less of the profit turns into cash than it should, and the cash cycle is 14 days longer. The next section looks at where the cash is stuck.

Den Networks Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 40 days in FY26, up from 26 days in FY21. It spent ₹131 Cr on assets over the last 3 years.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹974 Cr, each day of that cycle ties up about ₹2.7 Cr, so roughly ₹107 Cr is tied up in the business at any time.

Spending on assets: ₹131 Cr over the last 3 years, against ₹310 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹8.0 Cr (FY26): assets paid for that are not earning yet.

In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit.

Den Networks Ltd's P/E is 8.3×, near the low end of its own history: it has been lower only 27% of the time. Its usual P/E (the middle reading) is 10.0×, over 6.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.