Cash flow DEN Networks Limited Bombay S.E.

Stocks

DEN

INE947J01015

Broadcasting

Market Closed - Bombay S.E. 06:02:22 2026-09-03 EDT			5-day change	1st Jan Change
27.64 ^INR	-0.65%		-1.53%	-11.41%

07-14	DEN Networks Limited Reports Earnings Results for the First Quarter Ended June 30, 2026	CI
04-15	DEN Networks' Fiscal Q4 Consolidated Profit Drops	MT

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Published financial data: DEN NETWORKS LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Revenues	12.26B	11.3B	10.35B	10.05B	9.74B
Total Revenues	12.26B	11.3B	10.35B	10.05B	9.74B
Cost of Goods Sold, Total	6.75B	6.57B	7.77B	6.29B	6.6B
Gross Profit	5.51B	4.73B	2.57B	3.77B	3.15B
Selling General & Admin Expenses, Total	1.1B	1.07B	699M	947M	809M
Depreciation & Amortization - (IS)	1.48B	1.19B	728M	1.06B	913M
Other Operating Expenses	2.28B	2.14B	1.1B	1.66B	1.62B
Other Operating Expenses, Total	4.87B	4.4B	2.53B	3.66B	3.34B
Operating Income	641M	331M	48.59M	103M	-197M
Interest Expense, Total	-2.78M	-14.04M	-24.83M	-20.9M	-18.84M
Interest And Investment Income	1.22B	1.22B	753M	845M	1.42B
Net Interest Expenses	1.22B	1.21B	728M	824M	1.4B
Income (Loss) On Equity Invest.	-20.9M	-2.7M	-	2.19M	6.17M
Currency Exchange Gains (Loss)	-300K	-1.28M	-130K	-270K	-240K
Other Non Operating Income (Expenses)	14.45M	1.38M	-	370K	-
EBT, Excl. Unusual Items	1.85B	1.54B	777M	929M	1.21B
Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-55.48M	-	-	-34.28M	-
Gain (Loss) On Sale Of Investments	-33.81M	-106M	1.29B	1.59B	880M
Gain (Loss) On Sale Of Assets	3.11M	1.18M	350K	1.59M	3.66M
Asset Writedown	-26.28M	-1.3M	-2.1M	-5.12M	-14.93M
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	1.74B	1.43B	2.07B	2.49B	2.08B
Income Tax Expense	28.08M	-931M	309M	518M	425M
Earnings From Continuing Operations	1.71B	2.36B	1.76B	1.97B	1.66B
Net Income to Company	1.71B	2.36B	1.76B	1.97B	1.66B
Minority Interest	48.71M	64.94M	-	33.32M	1.48M
Net Income - (IS)	1.76B	2.43B	1.76B	2B	1.66B
Net Income to Common Incl Extra Items	1.76B	2.43B	1.76B	2B	1.66B
Net Income to Common Excl. Extra Items	1.76B	2.43B	1.76B	2B	1.66B
Per Share Items
Net EPS - Basic	3.69	5.09	3.68	4.2	3.48
Basic EPS - Continuing Operations	3.69	5.09	3.68	4.2	3.48
Basic Weighted Average Shares Outstanding	477M	477M	477M	477M	477M
Net EPS - Diluted	3.69	5.09	3.68	4.2	3.48
Diluted EPS - Continuing Operations	3.69	5.09	3.68	4.2	3.48
Diluted Weighted Average Shares Outstanding	477M	477M	477M	477M	477M
Normalized Basic EPS	2.53	2.15	1.02	1.29	1.59
Normalized Diluted EPS	2.53	2.15	1.02	1.29	1.59
Supplemental Items
EBITDA	2.11B	1.49B	725M	1.11B	663M
EBITA	659M	337M	54.13M	112M	-188M
EBIT	641M	331M	48.59M	103M	-197M
EBITDAR	2.31B	1.66B	788M	1.23B	769M
Total Revenues (As Reported)	13.47B	12.43B	12.39B	12.5B	12.07B
Effective Tax Rate - (Ratio)	1.61	-64.95	14.95	20.85	20.42
Total Current Taxes	18.76M	4.75M	53.96M	230M	801M
Total Deferred Taxes	9.32M	-935M	255M	289M	-376M
Normalized Net Income	1.21B	1.03B	485M	614M	759M
Interest on Long-Term Debt	-	13.83M	22.35M	20.44M	18.07M
Non-Cash Pension Expense	7.53M	8.59M	6.7M	8.96M	21.96M
Supplemental Operating Expense Items
Advertising Expense	50.82M	63.38M	5.98M	25.27M	11.48M
Selling and Marketing Expenses	50.82M	63.38M	5.98M	25.27M	11.48M
Net Rental Expense, Total	204M	175M	63.32M	124M	106M
Imputed Operating Lease Interest Expense	-	-	47.37M	85.52M	74.05M
Imputed Operating Lease Depreciation	-	-	15.95M	38.5M	31.63M
Maintenance & Repair Expenses, Total	480M	441M	222M	439M	387M
Stock-Based Comp., SG&A Exp. (Total)	-	-	-	-	-
Total Stock-Based Compensation	-	-	-	-	-

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Assets
Cash And Equivalents	458M	158M	172M	159M	200M
Short Term Investments	17.92B	13.88B	10.28B	14.95B	29.41B
Trading Asset Securities, Total	6.47B	11.1B	16.1B	14.51B	1.44B
Total Cash And Short Term Investments	24.84B	25.15B	26.55B	29.63B	31.05B
Accounts Receivable, Total	921M	1.06B	1.71B	2B	1.71B
Other Receivables	70.27M	168M	4.18M	240K	1.1M
Notes Receivable	1.5M	-	-	-	-
Total Receivables	993M	1.23B	1.72B	2.01B	1.71B
Prepaid Expenses	51.65M	43.96M	29.44M	49M	49.71M
Other Current Assets, Total	1.12B	2.29B	2.34B	2.43B	2.66B
Total Current Assets	27.01B	28.7B	30.63B	34.11B	35.47B
Gross Property Plant And Equipment	18.75B	16B	9.58B	16.62B	16.76B
Accumulated Depreciation	-14.57B	-11.68B	-6.96B	-13.41B	-14.16B
Net Property Plant And Equipment	4.18B	4.32B	2.62B	3.22B	2.6B
Long-term Investments	670M	667M	6.31B	653M	659M
Goodwill	1.53B	1.53B	-	1.5B	1.5B
Other Intangibles, Total	62.78M	64.27M	61.81M	57.7M	30.47M
Loans Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	481M	1.4B	860M	844M	1.22B
Other Long-Term Assets, Total	1.15B	899M	510M	1.05B	1.36B
Total Assets	35.09B	37.59B	40.99B	41.42B	42.83B
Liabilities
Accounts Payable, Total	2.49B	2.67B	3.24B	2.92B	2.86B
Accrued Expenses, Total	687M	740M	449M	642M	798M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	-	20.85M	25.28M	29.45M	33.35M
Current Income Taxes Payable	10K	-	-	-	-
Unearned Revenue Current, Total	595M	493M	266M	332M	280M
Other Current Liabilities	403M	398M	438M	521M	269M
Total Current Liabilities	4.17B	4.32B	4.42B	4.45B	4.24B
Long-Term Debt	-	-	-	-	-
Long-Term Leases	-	255M	230M	200M	167M
Unearned Revenue Non Current	635M	324M	124M	131M	108M
Pension & Other Post Retirement Benefits	105M	97.1M	67.17M	24.5M	32.69M
Deferred Tax Liability Non Current	15.83M	-	-	-	-
Other Non Current Liabilities	30.49M	26.32M	21.68M	21.4M	20.62M
Total Liabilities	4.96B	5.03B	4.86B	4.83B	4.57B
Common Stock, Total	4.77B	4.77B	4.77B	4.77B	4.77B
Additional Paid In Capital	34.11B	34.11B	34.11B	34.11B	34.11B
Retained Earnings	-9.25B	-6.83B	-2.75B	242M	243M
Comprehensive Income and Other	-102M	17.88M	-4.58M	-2.93B	-1.28B
Total Common Equity	29.53B	32.07B	36.13B	36.2B	37.85B
Minority Interest	602M	487M	-	401M	413M
Total Equity	30.13B	32.56B	36.13B	36.6B	38.26B
Total Liabilities And Equity	35.09B	37.59B	40.99B	41.42B	42.83B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	477M	477M	477M	477M	477M
ECS Total Common Shares Outstanding	477M	477M	477M	477M	477M
Book Value / Share	61.94	67.27	75.78	75.92	79.39
Tangible Book Value	27.94B	30.48B	36.07B	34.64B	36.32B
Tangible Book Value Per Share	58.6	63.93	75.65	72.66	76.18
Total Debt	0	276M	255M	230M	200M
Net Debt	-24.84B	-24.87B	-26.29B	-29.4B	-30.85B
Debt Equivalent of Unfunded Proj. Benefit Obligation	122M	118M	93.67M	30.02M	43.08M
Debt Equivalent Oper. Leases	1.63B	1.4B	507M	992M	845M
Minority Interest, Total (Incl. Fin. Div)	602M	487M	-	401M	413M
Equity Method Investments, Total	670M	667M	482M	653M	659M
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	108M	145M	-	145M	145M
Buildings, Total	3.74M	4.12M	-	4.12M	4.12M
Machinery, Total	18.39B	15.23B	9.1B	15.99B	16.19B
Full Time Employees	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	3.38B	1.91B	454M	753M	926M

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Net Income	1.76B	2.43B	1.76B	2B	1.66B
Depreciation & Amortization - CF	1.45B	1.17B	707M	1.03B	887M
Amortization of Goodwill and Intangible Assets - (CF)	17.96M	6.32M	5.54M	8.81M	9.22M
Depreciation & Amortization, Total	1.46B	1.18B	712M	1.04B	896M
Amortization of Deferred Charges, Total - (CF)	17.98M	14.96M	15.6M	16.42M	16.13M
(Gain) Loss From Sale Of Asset	-3.11M	-1.18M	-350K	-1.59M	-3.66M
(Gain) Loss on Sale of Investments - (CF)	-1.08B	-512M	-1.29B	-1.59B	-880M
Asset Writedown & Restructuring Costs	81.76M	1.3M	2.1M	39.4M	14.93M
(Income) Loss On Equity Investments - (CF)	20.9M	2.7M	-	-2.19M	-6.17M
Stock-Based Compensation (CF)	-	-	-	-	-
Provision and Write-off of Bad Debts	93.36M	13.48M	48.04M	6.4M	139M
Other Operating Activities, Total	-417M	-1.5B	-715M	-755M	-1.91B
Change In Accounts Receivable	176M	-36.22M	250M	-397M	251M
Change In Accounts Payable	-164M	245M	92.49M	378M	78.2M
Change in Other Net Operating Assets	-663M	-445M	-161M	-548M	-419M
Cash from Operations	1.29B	1.39B	711M	183M	-166M
Capital Expenditure	-1.03B	-993M	-385M	-414M	-410M
Sale of Property, Plant, and Equipment	11.57M	5.66M	75.68M	10.86M	5.43M
Cash Acquisitions	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-1.68B	298M	-798M	-888M	240M
Net (Increase) Decrease in Loans Originated / Sold - Investing	11.05M	12.5M	-	8M	1.9M
Other Investing Activities, Total	115M	134M	588M	1.07B	406M
Cash from Investing	-2.58B	-543M	-519M	-218M	243M
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-	-25.2M	-43.21M	-45.72M	-29.45M
Total Debt Repaid	-	-25.2M	-43.21M	-45.72M	-29.45M
Issuance of Common Stock	-	-	-	-	-
Issuance of Preferred Stock	-	-	-	-	-
Repurchase of Preferred Stock	-	-	-	-	-
Other Financing Activities, Total	959M	-1.12B	2.03M	-25.83M	-4.86M
Cash from Financing	959M	-1.15B	-41.18M	-71.55M	-34.31M
Miscellaneous Cash Flow Adjustments	-480K	-	-	-	-1.93M
Net Change in Cash	-331M	-300M	151M	-106M	40.37M
Supplemental Items
Cash Interest Paid	2.78M	210K	2.48M	-	18.07M
Cash Income Tax Paid (Refund)	-96.31M	-348M	85.76M	316M	860M
Levered Free Cash Flow	1.4B	-862M	456M	464M	223M
Unlevered Free Cash Flow	1.41B	-853M	471M	477M	235M
Change In Net Working Capital	-553M	1.26B	-97.98M	230M	144M
Net Debt Issued / Repaid	-	-25.2M	-43.21M	-45.72M	-29.45M

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Profitability
Return on Assets	1.15	0.57	0.08	0.16	-0.29
Return on Total Capital	1.37	0.66	0.09	0.18	-0.33
Return On Equity %	5.85	7.54	4.98	5.52	4.42
Return on Common Equity	6.14	7.88	4.98	5.68	4.48
Margin Analysis
Gross Profit Margin %	44.96	41.87	24.88	37.47	32.29
SG&A Margin	8.99	9.48	6.75	9.42	8.31
EBITDA Margin %	17.18	13.16	7.01	11.02	6.81
EBITA Margin %	5.38	2.98	0.52	1.11	-1.93
EBIT Margin %	5.23	2.93	0.47	1.02	-2.03
Income From Continuing Operations Margin %	13.96	20.91	16.98	19.57	17
Net Income Margin %	14.36	21.48	16.98	19.9	17.01
Net Avail. For Common Margin %	14.36	21.48	16.98	19.9	17.01
Normalized Net Income Margin	9.84	9.08	4.69	6.11	7.79
Levered Free Cash Flow Margin	11.45	-7.62	4.41	4.62	2.29
Unlevered Free Cash Flow Margin	11.47	-7.54	4.56	4.75	2.41
Asset Turnover
Asset Turnover	0.35	0.31	0.26	0.25	0.23
Fixed Assets Turnover	2.73	2.66	3.72	2.9	3.35
Receivables Turnover (Average Receivables)	11.49	11.41	5.55	6	5.25
Short Term Liquidity
Current Ratio	6.48	6.64	6.93	7.67	8.36
Quick Ratio	6.19	6.1	6.39	7.11	7.72
Operating Cash Flow to Current Liabilities	0.31	0.32	0.16	0.04	-0.04
Days Sales Outstanding (Average Receivables)	31.75	31.99	65.9	60.83	69.57
Average Days Payable Outstanding	145.72	143.24	151.15	161.03	160.08
Long Term Solvency
Total Debt/Equity	-	0.85	0.71	0.63	0.52
Total Debt / Total Capital	-	0.84	0.7	0.62	0.52
LT Debt/Equity	-	0.78	0.64	0.55	0.44
Long-Term Debt / Total Capital	-	0.78	0.63	0.54	0.43
Total Liabilities / Total Assets	14.13	13.37	11.87	11.65	10.67
EBIT / Interest Expense	230.69	23.58	1.96	4.92	-10.48
EBITDA / Interest Expense	757.46	107.48	30.65	54.74	37.1
(EBITDA - Capex) / Interest Expense	386.49	36.77	15.14	34.91	15.32
Total Debt / EBITDA	-	0.18	0.34	0.2	0.29
Net Debt / EBITDA	-11.8	-16.48	-34.55	-25.7	-44.14
Total Debt / (EBITDA - Capex)	-	0.53	0.68	0.32	0.69
Net Debt / (EBITDA - Capex)	-23.12	-48.17	-69.93	-40.29	-106.91
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-6.26	-7.76	-6.77	-6.97	-3.1
Gross Profit, 1 Yr. Growth %	-13.21	-14.1	-21.35	-12.46	-16.47
EBITDA, 1 Yr. Growth %	-17.78	-29.33	-42.3	-26.3	-40.16
EBITA, 1 Yr. Growth %	542.63	-48.81	-89.67	-74.2	-268.78
EBIT, 1 Yr. Growth %	805.93	-48.37	-90.68	-75.93	-292.22
Earnings From Cont. Operations, 1 Yr. Growth %	-9.45	38.16	-38	-7.55	-15.81
Net Income, 1 Yr. Growth %	-11.12	38.03	-38	-6.8	-17.14
Normalized Net Income, 1 Yr. Growth %	93.68	-14.86	-29.58	-15.67	23.71
Diluted EPS Before Extra, 1 Yr. Growth %	-11.08	37.94	-38.05	-6.75	-17.14
Accounts Receivable, 1 Yr. Growth %	-23.92	15.05	-15.12	48.91	-14.76
Net Property, Plant and Equip., 1 Yr. Growth %	-12.75	3.34	-11.15	-13.36	-19.29
Total Assets, 1 Yr. Growth %	1.6	7.12	3.89	5.49	3.41
Tangible Book Value, 1 Yr. Growth %	7.12	9.1	5.11	6.31	4.85
Common Equity, 1 Yr. Growth %	6.43	8.61	5.11	5.83	4.57
Cash From Operations, 1 Yr. Growth %	-40.77	7.97	-41.33	-78.12	-190.67
Capital Expenditures, 1 Yr. Growth %	-7.68	-3.74	-51.08	-23.01	-0.95
Levered Free Cash Flow, 1 Yr. Growth %	-71.31	-161.39	-130.54	-41.72	-51.96
Unlevered Free Cash Flow, 1 Yr. Growth %	-71.4	-160.69	-131.76	-41.27	-50.81
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-2.58	-7.01	-8.11	-4.82	-5.05
Gross Profit, 2 Yr. CAGR %	-6.65	-13.66	-31.65	7.26	-14.49
EBITDA, 2 Yr. CAGR %	-0.76	-23.77	-41.32	-6.09	-33.59
EBITA, 2 Yr. CAGR %	59.62	81.36	-71.35	-53.85	-34.02
EBIT, 2 Yr. CAGR %	44.22	116.28	-72.47	-55.62	-31.98
Earnings From Cont. Operations, 2 Yr. CAGR %	70.81	11.85	1.33	-16.67	-11.78
Net Income, 2 Yr. CAGR %	58.59	10.76	-0.08	-15.97	-12.12
Normalized Net Income, 2 Yr. CAGR %	22.08	28.41	-36.55	-5.64	2.14
Diluted EPS Before Extra, 2 Yr. CAGR %	58.58	10.75	-0.14	-15.95	-12.1
Accounts Receivable, 2 Yr. CAGR %	-25.55	-6.44	36.26	-0.27	12.66
Net Property, Plant and Equip., 2 Yr. CAGR %	-17.45	-5.05	-20.88	4.47	-16.38
Total Assets, 2 Yr. CAGR %	-2.48	4.32	8.08	2.46	4.44
Tangible Book Value, 2 Yr. CAGR %	7.16	8.1	13.62	0.48	5.58
Common Equity, 2 Yr. CAGR %	6.52	7.52	10.61	2.62	5.2
Cash From Operations, 2 Yr. CAGR %	-30.62	-20.03	-25.76	-61.14	-55.46
Capital Expenditures, 2 Yr. CAGR %	14.7	-5.73	-38.91	-27.43	-12.68
Levered Free Cash Flow, 2 Yr. CAGR %	2.33	-58.04	-43.01	-44.25	-47.09
Unlevered Free Cash Flow, 2 Yr. CAGR %	8.92	-58.34	-42.09	-43.3	-46.25
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	0.54	-4.34	-7.5	-6.39	-4.25
Gross Profit, 3 Yr. CAGR %	-0.39	-9.2	-25.98	-11.91	-1.32
EBITDA, 3 Yr. CAGR %	4.94	-11.38	-34.34	-19.27	-19.19
EBITA, 3 Yr. CAGR %	7.21	9.26	-19.19	-44.69	-28.9
EBIT, 3 Yr. CAGR %	3.53	2.41	-11.79	-45.69	-27.66
Earnings From Cont. Operations, 3 Yr. CAGR %	-17.12	59.15	-2.4	4.77	-16.38
Net Income, 3 Yr. CAGR %	-14.09	51.41	-3.91	4.37	-16.36
Normalized Net Income, 3 Yr. CAGR %	42.48	8.26	-7.96	-20.15	3.27
Diluted EPS Before Extra, 3 Yr. CAGR %	-31.8	51.38	-3.93	4.38	-16.35
Accounts Receivable, 3 Yr. CAGR %	-30.97	-13.93	12.21	29.58	-5.35
Net Property, Plant and Equip., 3 Yr. CAGR %	-18.66	-11.04	-18.26	-8.39	-4.14
Total Assets, 3 Yr. CAGR %	-3.92	0.62	5.88	5.69	2.78
Tangible Book Value, 3 Yr. CAGR %	5.63	7.8	11.41	7.43	1.92
Common Equity, 3 Yr. CAGR %	5.07	7.21	9.2	7.02	3.26
Cash From Operations, 3 Yr. CAGR %	45.75	-19.6	-31.14	-47.84	-48.46
Capital Expenditures, 3 Yr. CAGR %	-0.27	8.19	-29.89	-26.21	-19.5
Levered Free Cash Flow, 3 Yr. CAGR %	7.48	-13.7	-54.67	-30.85	-46.95
Unlevered Free Cash Flow, 3 Yr. CAGR %	-1.26	-10.38	-54.22	-30.24	-45.92
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	1.15	-2.53	-3.02	-4.88	-5.71
Gross Profit, 5 Yr. CAGR %	-1.8	-6.59	-14.32	-9.84	-13.1
EBITDA, 5 Yr. CAGR %	3.24	-11.67	-16.83	-12.32	-23.68
EBITA, 5 Yr. CAGR %	-6.37	0.35	-36.76	-15.49	12.91
EBIT, 5 Yr. CAGR %	-7.57	2.19	-39.05	-19.73	22.78
Earnings From Cont. Operations, 5 Yr. CAGR %	-1.84	69.05	-10.18	27.39	-2.6
Net Income, 5 Yr. CAGR %	-3.33	47.82	-8.74	23.39	-3.49
Normalized Net Income, 5 Yr. CAGR %	4.07	32.91	3.09	-5.37	4.05
Diluted EPS Before Extra, 5 Yr. CAGR %	-20.03	23.52	-20.56	23.39	-3.48
Accounts Receivable, 5 Yr. CAGR %	-17.21	-20.06	-9.39	3.82	7.13
Net Property, Plant and Equip., 5 Yr. CAGR %	-18.54	-16.38	-19.56	-12.13	-11.55
Total Assets, 5 Yr. CAGR %	7.83	9.78	0.71	2.34	4.4
Tangible Book Value, 5 Yr. CAGR %	34.46	38.05	8.76	7.32	6.85
Common Equity, 5 Yr. CAGR %	29.42	32.48	7.25	6.82	6.41
Cash From Operations, 5 Yr. CAGR %	-8.59	-5.48	11.28	-41.54	-40.24
Capital Expenditures, 5 Yr. CAGR %	-11.77	-8.76	-18.02	-11.97	-18.15
Levered Free Cash Flow, 5 Yr. CAGR %	-1.8	-2.76	-16.61	-19.12	-46.08
Unlevered Free Cash Flow, 5 Yr. CAGR %	3.77	-8.38	-20.24	-16.63	-45.57