# Den Networks share price today (Den Networks Ltd, NSE: DEN)

> Den Networks share price today: ₹25.69 at the NSE close on 4 November 2026, down 21.3% in a year. Den Networks (NSE: DEN) is worth ₹1,224 crore, trades at a P/E of 8.2 and has closed between ₹24.07 and ₹33.08 over the past 52 weeks. > Den Networks Ltd's P/E is near the low end of its own history, higher than only 22% of past readings, and its quarterly results are still getting worse. DEN · Entertainment & Media · data as of 4 November 2026. Page: https://www.sectoralpha.in/stocks/den-networks-ltd

Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms

## Key numbers

- Business trend: Getting worse, from fewer quarters than usual
- Price: ₹25.69 (−21.3% in a year)
- P/E: 8.2× (lower than 78% of the last 6.6 years)
- Revenue (Sep 2026): ₹233 Cr (−3.3% on a year ago)
- Profit (Sep 2026): ₹37.0 Cr (+5.7% on a year ago)
- Operating margin: 3.1% (−3.9 points on a year ago)
- ROCE: 3%, FY26
- Profit that came in as cash: 15%, last 3 years

The main question: the P/E is near the low end of its own history, higher than only 22% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn. ## What is the Den Networks share price today? Den Networks Ltd's share price was ₹25.69 at the close on 4 November 2026. It has been falling for 105 weeks. That is 9.1% 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 18% of the way up from that low. 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. ## What changed at Den Networks this quarter? 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. ## What are Den Networks' latest quarterly results? 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

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹233 crore | ₹241 crore | −3.3% |
| Profit | ₹37.0 crore | ₹35.0 crore | +5.7% |
| Earnings per share | ₹0.76 | ₹0.74 | +2.7% |
| Operating margin | 3.1% | 7.0% | −3.9 points |

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.)

## What is the Den Networks share price history? Den Networks closed at ₹25.69 on 4 November 2026, down 21.3% from ₹32.65 a year earlier (7 November 2025) and down 41.9% over five years. Its highest weekly close since March 2016 was ₹133.55 on 12 January 2018. ### Den Networks share price: then and now

| When | Close | Change to 4 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 30 Oct 2026 | ₹24.38 | +5.4% |
| 1 month ago · 1 Oct 2026 | ₹25.41 | +1.1% |
| 6 months ago · 8 May 2026 | ₹27.70 | −7.3% |
| 1 year ago · 7 Nov 2025 | ₹32.65 | −21.3% |
| 3 years ago · 3 Nov 2023 | ₹50.35 | −49.0% |
| 5 years ago · 4 Nov 2021 | ₹44.20 | −41.9% |
| 10 years ago · 4 Nov 2016 | ₹77.95 | −67.0% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹84.00 | −69.4% |
| Highest weekly close since March 2016 · 12 Jan 2018 | ₹133.55 | −80.8% |
| Lowest weekly close since March 2016, also the 52-week low · 27 Mar 2026 | ₹24.07 | +6.7% |
| 52-week high (weekly close) · 19 Jun 2026 | ₹33.08 | −22.3% |

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (560 weekly closes from 11 March 2016 to 4 November 2026.)

## What is the latest news on Den Networks? 4 Nov 2026: Den Networks closed at ₹25.69, up 5.4% on the week and up 1.1% on the month. Results for July to September 2026: Revenue down 3.3% and profit up 5.7% on a year earlier. ## What dividend does Den Networks pay? 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 5 November 2026.)

## Which stock lists is Den Networks on? Den Networks is on one of our India lists: Penny stocks. [Penny stocks Earnings growth, 12 months (%): -22.14](https://www.sectoralpha.in/penny-stocks-india)

## Is Den Networks profitable? 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. 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. ## How much revenue does Den Networks make, and is it growing? 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. 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). ## How much of every ₹100 of sales does Den Networks keep? 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. 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. ## Is Den Networks' profit turning into cash? 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. 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. ## Where does Den Networks' cash go? 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. 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. ## What is Den Networks' P/E ratio, and how does it compare with its own history? Den Networks Ltd's P/E is 8.2×, near the low end of its own history: it has been lower only 22% 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. Why the multiple is where it is: over the past year earnings per share moved −17.2% while the price moved −21.3%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved −10.3% a year; about −4.1% a year came from earnings growth and about −6.2 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. A quarterly PEG curve, which only the second data source has, is not shown on this page: its two data sources disagree by up to 38% on reported income across 16 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Is the Den Networks business getting better or worse? Den Networks Ltd's business is getting worse. Revenue, profit and EPS growth are shrinking: revenue growth is −2.3% in the latest quarter, against −2.3% at its best in 12 quarters, with ROCE steady at 3.0%. This is based on 9 quarters of 4 measures, with some gaps. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does Den Networks earn on its capital? Den Networks Ltd earned a ROCE of 3% in FY26. That is up from a low of −12% in FY16. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 17.0% net margin and 0.23× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 17.0% net margin × 0.23× asset turnover × 1.13× leverage (assets divided by equity) ≈ 4.4% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed. The quarterly return lines and the return-on-capital-used (ROIC) line, which only the second data source has, are not shown on this page: its two data sources disagree by up to 38% on reported income across 16 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Does Den Networks have too much debt? Den Networks Ltd had ₹20.0 Cr of borrowings against ₹3,785 Cr of equity in FY26, so its debt is 0.01× its equity. Its operating profit is 35 times its interest bill. Over 5 years borrowings went from ₹0.0 Cr to ₹20.0 Cr. Over the last 3 of those years it spent ₹131 Cr on assets. Part of the spending on assets is being paid for with borrowed money. The total-debt and debt-to-equity series, which only the second data source has, are not shown on this page: its two data sources disagree by up to 38% on reported income across 16 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## What is the Den Networks shareholding pattern? No group of Den Networks Ltd's owners changed its stake by a full percentage point over the last two years. Domestic institutions moved −0.2 points over the same period, to 0.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: −0.4 points over 8 quarters, to 0.3%; Domestic institutions: −0.2 points over 8 quarters, to 0.0%; Promoters: +0.0 points over 8 quarters, to 74.9%. ## How far is Den Networks from balance-sheet trouble? For Den Networks Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Den Networks rank in its industry? 41.8 out of 100, rank 15 of 25 in Entertainment & Media, with 67% of the evidence available. Den Networks Ltd scores 41.8 out of 100 against the 25 companies it is compared with in Entertainment & Media, ranking 15. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 11.4 + 9.1 + 12.3 + 9 = 41.8. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Den Networks compared with? Den Networks ranks 15 of 25 Entertainment & Media companies on the 4-Factor Sector Score, with 41.8 out of 100. 1. [PVR Inox Ltd](https://www.sectoralpha.in/stocks/pvr-inox-ltd) PVRINOX · leader · Most evidence points up · 100% evidence 73.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.7/35 · Revenue 15% · Profit 100% · Operating margin change 3 points · 100% evidence Capital efficiency 13.5/25 · ROCE 6.8% · Operating margin 37% · 100% evidence Valuation 14.8/20 · P/E 30.9× · PEG 0.54 · 100% evidence Relative strength 18.6/20 · Lead over its industry 47.7% · Lead over NIFTY 500 44.8% · 1 year 23.9% · 100% evidence · 12 of 12 weeks ahead Exact sum: 26.7 + 13.5 + 14.8 + 18.6 = 73.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Media Matrix Worldwide Ltd](https://www.sectoralpha.in/stocks/media-matrix-worldwide-ltd) MMWL · breaking out · Most evidence points up · 75% evidence 67.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.8/35 · Revenue 50.7% · Profit 100% · Operating margin change 0 points · 95% evidence Capital efficiency 11.3/25 · ROCE 9.7% · Operating margin 1.7% · 76% evidence Valuation 9.0/20 · P/E 258× · PEG n/a · 15% evidence Relative strength 20.0/20 · Lead over its industry 66.2% · Lead over NIFTY 500 62.6% · 1 year 57.8% · 100% evidence · 8 of 12 weeks ahead Exact sum: 26.8 + 11.3 + 9 + 20 = 67.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Nazara Technologies Ltd](https://www.sectoralpha.in/stocks/nazara-technologies-ltd) NAZARA · leader · Most evidence points up · 67% evidence 66.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.8/35 · Revenue -2.1% · Profit -48.6% · Operating margin change 42 points · 71% evidence Capital efficiency 18.3/25 · ROCE 27.1% · Operating margin 11% · 76% evidence Valuation 8.5/20 · P/E 1212× · PEG n/a · 15% evidence Relative strength 16.7/20 · Lead over its industry 43.3% · Lead over NIFTY 500 40.6% · 1 year 49.3% · 100% evidence · 12 of 12 weeks ahead Exact sum: 22.8 + 18.3 + 8.5 + 16.7 = 66.3 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 4. [Nila Spaces Ltd](https://www.sectoralpha.in/stocks/nila-spaces-ltd) NILASPACES · Evidence leans up · 76% evidence 64.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 33.8/43.75 · Revenue 31.1% · Profit 75.5% · Operating margin change 9.1 points · 88% evidence Capital efficiency 22.8/31.25 · ROCE 30.5% · Operating margin 38.7% · 100% evidence Valuation 8.1/25 · P/E 14× · PEG 3.29 · 100% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 33.8 + 22.8 + 8.1 = 64.7 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 5. [Hindustan Media Ventures Ltd](https://www.sectoralpha.in/stocks/hindustan-media-ventures-ltd) HMVL · quiet · Evidence leans up · 81% evidence 64.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.3/35 · Revenue 10.8% · Profit 2.3% · Operating margin change 8 points · 88% evidence Capital efficiency 13.7/25 · ROCE 10.8% · Operating margin 14% · 100% evidence Valuation 19.5/20 · P/E 3.4× · PEG 0.19 · 100% evidence Relative strength 11.0/20 · Lead over its industry n/a · Lead over NIFTY 500 3.1% · 1 year n/a · 25% evidence · 3 of 12 weeks ahead Exact sum: 20.3 + 13.7 + 19.5 + 11 = 64.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Prime Focus Ltd](https://www.sectoralpha.in/stocks/prime-focus-ltd) PFOCUS · breaking out · Evidence leans up · 79% evidence 59.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.7/35 · Revenue 29.2% · Profit 100% · Operating margin change 0 points · 88% evidence Capital efficiency 15.3/25 · ROCE 11.3% · Operating margin 24% · 100% evidence Valuation 9.3/20 · P/E 126× · PEG n/a · 15% evidence Relative strength 10.1/20 · Lead over its industry 17.1% · Lead over NIFTY 500 15% · 1 year 58.4% · 100% evidence · 9 of 12 weeks ahead Exact sum: 24.7 + 15.3 + 9.3 + 10.1 = 59.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Basilic Fly Studio Ltd](https://www.sectoralpha.in/stocks/basilic-fly-studio-ltd) BASILIC · basing · Evidence leans up · 63% evidence 54.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.7/35 · Revenue 10.5% · Profit -9.7% · Operating margin change -5.8 points · 83% evidence Capital efficiency 19.8/25 · ROCE 21.5% · Operating margin 13.9% · 76% evidence Valuation 14.4/20 · P/E 9.1× · PEG n/a · 50% evidence Relative strength 8.1/20 · Lead over its industry n/a · Lead over NIFTY 500 -22.6% · 1 year -54.6% · 25% evidence · 2 of 11 weeks ahead Exact sum: 11.7 + 19.8 + 14.4 + 8.1 = 54 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 8. [Sun TV Network Ltd](https://www.sectoralpha.in/stocks/sun-tv-network-ltd) SUNTV · breaking out · Evidence leans up · 100% evidence 53.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.9/35 · Revenue -5% · Profit -4.9% · Operating margin change -10 points · 100% evidence Capital efficiency 18.2/25 · ROCE 16.4% · Operating margin 48% · 100% evidence Valuation 8.7/20 · P/E 15.1× · PEG 1.34 · 100% evidence Relative strength 16.1/20 · Lead over its industry 18.5% · Lead over NIFTY 500 15.9% · 1 year 8.1% · 100% evidence · 6 of 12 weeks ahead Exact sum: 10.9 + 18.2 + 8.7 + 16.1 = 53.9 · What this means: Relative strength against the index is 15.9%, and revenue and profit growth are weak. 9. [Amagi Media Labs Ltd](https://www.sectoralpha.in/stocks/amagi-media-labs-ltd) AMAGI · quiet · Too little evidence to rank firmly · 51% evidence 53.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 31.4/43.75 · Revenue 31% · Profit n/a · Operating margin change 7.4 points · 65% evidence Capital efficiency 10.3/31.25 · ROCE 8% · Operating margin 7% · 100% evidence Valuation 11.8/25 · P/E 117× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 31.4 + 10.3 + 11.8 = 53.5 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 10. [City Pulse Multiventures Ltd](https://www.sectoralpha.in/stocks/city-pulse-multiventures-ltd) basing · Evidence leans down · 61% evidence 49.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.3/35 · Revenue 100% · Profit 100% · Operating margin change -48 points · 83% evidence Capital efficiency 9.8/25 · ROCE 3.2% · Operating margin 19% · 95% evidence Valuation 9.7/20 · P/E 61.4× · PEG n/a · 15% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -93.2% · 1 year -96% · 25% evidence · 0 of 12 weeks ahead Exact sum: 22.3 + 9.8 + 9.7 + 7.5 = 49.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [H T Media Ltd](https://www.sectoralpha.in/stocks/h-t-media-ltd) HTMEDIA · basing · Evidence leans down · 78% evidence 47.7 out of 100 Growth Capital Valuation Relative
12. [Zee Media Corporation Ltd](https://www.sectoralpha.in/stocks/zee-media-corporation-ltd) ZEEMEDIA · Too little evidence to rank firmly · 51% evidence 47.7 out of 100 Growth Capital Valuation Relative
13. [Panorama Studios International Ltd](https://www.sectoralpha.in/stocks/panorama-studios-international-ltd) PANORAMA · breaking out · Too little evidence to rank firmly · 56% evidence 45.1 out of 100 Growth Capital Valuation Relative
14. [T.V. Today Network Ltd](https://www.sectoralpha.in/stocks/tv-today-network-ltd) TVTODAY · basing · Evidence leans down · 81% evidence 44.5 out of 100 Growth Capital Valuation Relative
15. Den Networks Ltd this page DEN · basing · Evidence leans down · 67% evidence 41.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.4/35 · Revenue -2.3% · Profit -22.5% · Operating margin change -3.9 points · 95% evidence Capital efficiency 9.1/25 · ROCE 3.2% · Operating margin 3.1% · 76% evidence Valuation 12.3/20 · P/E 7.8× · PEG n/a · 50% evidence Relative strength 9.0/20 · Lead over its industry n/a · Lead over NIFTY 500 -9.5% · 1 year -26.4% · 25% evidence · 0 of 12 weeks ahead Exact sum: 11.4 + 9.1 + 12.3 + 9 = 41.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 16. [Network 18 Media & Investments Ltd](https://www.sectoralpha.in/stocks/network-18-media-investments-ltd) NETWORK18 · basing · Evidence leans down · 60% evidence 41.5 out of 100 Growth Capital Valuation Relative
17. [Balaji Telefilms Ltd](https://www.sectoralpha.in/stocks/balaji-telefilms-ltd) BALAJITELE · breaking out · Evidence leans down · 61% evidence 38.8 out of 100 Growth Capital Valuation Relative
18. [GTPL Hathway Ltd](https://www.sectoralpha.in/stocks/gtpl-hathway-ltd) GTPL · basing · Too little evidence to rank firmly · 57% evidence 37.0 out of 100 Growth Capital Valuation Relative
19. [Hathway Cable & Datacom Ltd](https://www.sectoralpha.in/stocks/hathway-cable-datacom-ltd) HATHWAY · basing · Evidence leans down · 100% evidence 35.5 out of 100 Growth Capital Valuation Relative
20. [Zee Entertainment Enterprises Ltd](https://www.sectoralpha.in/stocks/zee-entertainment-enterprises-ltd) ZEEL · quiet · Evidence leans down · 85% evidence 35.2 out of 100 Growth Capital Valuation Relative
21. [Entertainment Network (India) Ltd](https://www.sectoralpha.in/stocks/entertainment-network-indialtd) ENIL · Too little evidence to rank firmly · 51% evidence 30.7 out of 100 Growth Capital Valuation Relative
22. [New Delhi Television Ltd](https://www.sectoralpha.in/stocks/new-delhi-television-ltd) NDTV · quiet · Most evidence points down · 71% evidence 27.5 out of 100 Growth Capital Valuation Relative
23. [Bright Outdoor Media Ltd](https://www.sectoralpha.in/stocks/bright-outdoor-media-ltd) Too little evidence to rank firmly · 34% evidence 57.5 out of 100 Growth Capital Valuation Relative
24. [DAPS Advertising Ltd](https://www.sectoralpha.in/stocks/daps-advertising-ltd) Too little evidence to rank firmly · 31% evidence 54.8 out of 100 Growth Capital Valuation Relative
25. [Dish TV India Ltd](https://www.sectoralpha.in/stocks/dish-tv-india-ltd) DISHTV · Too little evidence to rank firmly · 48% evidence 21.0 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Entertainment & Media](https://www.sectoralpha.in/sectors/entertainment-media), all 25 compared on one page. ## Which companies are close to Den Networks in size? Den Networks is the 11th largest of 25 Entertainment & Media companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Media Matrix Worldwide, Hathway Cable & Datacom and Panorama Studios International. Just below it: Balaji Telefilms, Bright Outdoor Media and New Delhi Television. ### Entertainment & Media companies close in size

1. [Media Matrix Worldwide Ltd](https://www.sectoralpha.in/stocks/media-matrix-worldwide-ltd) ₹2,253 crore
2. [Hathway Cable & Datacom Ltd](https://www.sectoralpha.in/stocks/hathway-cable-datacom-ltd) ₹1,602 crore
3. [Panorama Studios International Ltd](https://www.sectoralpha.in/stocks/panorama-studios-international-ltd) ₹1,539 crore
4. Den Networks Ltd ₹1,163 crore
5. [Balaji Telefilms Ltd](https://www.sectoralpha.in/stocks/balaji-telefilms-ltd) ₹1,066 crore
6. [Bright Outdoor Media Ltd](https://www.sectoralpha.in/stocks/bright-outdoor-media-ltd) ₹875 crore
7. [New Delhi Television Ltd](https://www.sectoralpha.in/stocks/new-delhi-television-ltd) ₹682 crore

[All 25 Entertainment & Media companies, largest first](https://www.sectoralpha.in/sectors/entertainment-media#all-companies)

### Companies close in size in other industries

1. [Jindal Photo Ltd](https://www.sectoralpha.in/stocks/jindal-photo-ltd) ₹1,167 crore · Miscellaneous
2. [Punjab Chemicals & Crop Protection Ltd](https://www.sectoralpha.in/stocks/punjab-chemicals-crop-protection-ltd) ₹1,166 crore · Pesticides/Agrochemicals
3. Den Networks Ltd ₹1,163 crore
4. [M.V.K. Agro Food Product Ltd](https://www.sectoralpha.in/stocks/mvk-agro-food-product-ltd) ₹1,162 crore · Sugar
5. [MMP Industries Ltd](https://www.sectoralpha.in/stocks/mmp-industries-ltd) ₹1,161 crore · Aluminium Products

## What else do people ask about Den Networks? ### What is Den Networks's share price today? Den Networks Ltd's share price is ₹25.69, −21.3% over the past year. The whole company is worth ₹1,224 Cr on the market. In the last 52 weeks it traded between ₹24 to ₹33; today it is 18% of the way up from the low, 9.1% below its 200-day average (as of 4 November 2026). ### What were Den Networks's latest quarterly results? Den Networks Ltd reported revenue of ₹233 Cr and net profit of ₹37.0 Cr for the Sep 2026 quarter. Revenue fell 3.3% and profit rose 5.7% compared with a year earlier. Earnings per share were ₹0.76. The operating margin was 3.1%, 3.9 percentage points lower than a year earlier (as of 4 November 2026). ### What is Den Networks's market cap? Den Networks Ltd's market capitalisation is ₹1,224 Cr at a share price of ₹25.69. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is Den Networks performing? Den Networks Ltd's share price has been falling for 105 weeks. In its latest quarter, revenue fell 3.3% and profit rose 5.7% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 1 week running (as of 4 November 2026). ### Will Den Networks's share price go up? This page does not forecast Den Networks Ltd's share price. What it shows instead: the share price is ₹25.69, and it has been falling for 105 weeks. Its P/E of 8.2× is higher than 22% of its own last 7 years (as of 4 November 2026). ### Who owns Den Networks? Promoters own 74.9% of Den Networks Ltd, foreign institutions 0.3%, domestic institutions 0.0% and the public 24.7% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 4 November 2026). ### Where is Den Networks in its business cycle? Den Networks Ltd's FY26 operating margin was 7.0%, against a 13-year range of −19.0% to 26.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 3.1%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the Den Networks story? The main question: the P/E is near the low end of its own history, higher than only 22% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is Den Networks a stock worth studying right now? What the numbers show: Den Networks Ltd's P/E is near the low end of its own history, higher than only 22% of past readings, and its quarterly results are still getting worse. The main open question: whether results start to improve. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ## Lists

- Penny stocks: https://www.sectoralpha.in/penny-stocks-india

This is research, not advice. We’re not SEBI-registered.