DENNSEDen Networks Limited· Media & EntertainmentHighNeutral
Announced Tue, 14 Apr · 17:54 IST

Den Networks Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Revenue DeclineResults View source PDF

DEN · price

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AI summary

Den Networks reported FY2026 standalone revenue of Rs 10,009 million, up 1.2% from Rs 9,891 million last year, with profit after tax rising 4.6% to Rs 1,228 million. However, consolidated revenue declined 3.1% to Rs 9,743 million from Rs 10,054 million, while consolidated PAT fell 15.8% to Rs 1,656 million from Rs 1,967 million. Consolidated EPS dropped to Rs 3.48 from Rs 4.20. The company's cable distribution network segment reported losses of Rs 200 million for FY2026, reversing from Rs 125 million profit last year. Auditors issued unmodified opinions on both standalone and consolidated results with no going concern or emphasis of matter notes. The company holds Rs 20,450 million from a 2019 preferential allotment invested in mutual funds and fixed deposits.

Likely market impact

The mixed results show standalone performance holding up better than consolidated, but the decline in consolidated revenue and PAT, combined with cable segment losses, may concern investors. The clean audit opinion and strong cash position provide some stability.