Den Networks Limited
DEN Networks Limited, a media and entertainment company, engages in the distribution of television channels to households through a digital cable distribution network in India. The company operates in Cable and Broadband segments. It distributes and promotes television channels; and provides visual entertainment through cable TV, over-the-top entertainment, and broadband services, as well as offe… Read more
Den Networks Limited (DEN) - Net Assets
Latest net assets as of December 2025: ₹37.93 Billion INR
Based on the latest financial reports, Den Networks Limited (DEN) has net assets worth ₹37.93 Billion INR as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹43.02 Billion) and total liabilities (₹5.09 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹37.93 Billion |
| % of Total Assets | 88.17% |
| Annual Growth Rate | 17.66% |
| 5-Year Change | 28.89% |
| 10-Year Change | 122.53% |
| Growth Volatility | 66.3 |
Den Networks Limited - Net Assets Trend (2009–2025)
This chart illustrates how Den Networks Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Den Networks Limited (2009–2025)
The table below shows the annual net assets of Den Networks Limited from 2009 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹36.60 Billion | +5.66% |
| 2024-03-31 | ₹34.63 Billion | +6.37% |
| 2023-03-31 | ₹32.56 Billion | +8.06% |
| 2022-03-31 | ₹30.13 Billion | +6.13% |
| 2021-03-31 | ₹28.39 Billion | +6.20% |
| 2020-03-31 | ₹26.73 Billion | +1.88% |
| 2019-03-31 | ₹26.24 Billion | +194.87% |
| 2018-03-31 | ₹8.90 Billion | -11.12% |
| 2017-03-31 | ₹10.01 Billion | -39.12% |
| 2016-03-31 | ₹16.45 Billion | -12.40% |
| 2015-03-31 | ₹18.77 Billion | -5.75% |
| 2014-03-31 | ₹19.92 Billion | +104.42% |
| 2013-03-31 | ₹9.74 Billion | +12.08% |
| 2012-03-31 | ₹8.69 Billion | +7.19% |
| 2011-03-31 | ₹8.11 Billion | +6.07% |
| 2010-03-31 | ₹7.65 Billion | +181.96% |
| 2009-03-31 | ₹2.71 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Den Networks Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 292576000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₹4.77 Billion | 13.17% |
| Other Comprehensive Income | ₹241.94 Million | 0.67% |
| Other Components | ₹34.11 Billion | 94.24% |
| Total Equity | ₹36.20 Billion | 100.00% |
Den Networks Limited Competitors by Market Cap
The table below lists competitors of Den Networks Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Balatacilar Balatacilik Sanayi ve Ticaret AS
IS:BALAT
|
$35.75 Million |
|
Kumkang Kind Co Ltd
KO:014285
|
$35.76 Million |
|
Powernet Technologies Corp.
KQ:037030
|
$35.76 Million |
|
Azure Power Global Limited
PINK:AZREF
|
$35.77 Million |
|
Atossa Genetics Inc
NASDAQ:ATOS
|
$35.74 Million |
|
Azion Corporation
TWO:6148
|
$35.73 Million |
|
Ecare Solutions Inc
PINK:ECSL
|
$35.73 Million |
|
PRICELINE GROUP (PCE1.SG)
STU:PCE1
|
$35.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Den Networks Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 34,201,059,999 to 36,195,650,000, a change of 1,994,590,001 (5.8%).
- Net income of 2,000,620,000 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹2.00 Billion | +5.53% |
| Other Changes | ₹-6.03 Million | -0.02% |
| Total Change | ₹- | 5.83% |
Book Value vs Market Value Analysis
This analysis compares Den Networks Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.34x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.04x to 0.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-03-31 | ₹25.28 | ₹26.17 | x |
| 2010-03-31 | ₹63.91 | ₹26.17 | x |
| 2011-03-31 | ₹59.35 | ₹26.17 | x |
| 2012-03-31 | ₹60.27 | ₹26.17 | x |
| 2013-03-31 | ₹66.37 | ₹26.17 | x |
| 2014-03-31 | ₹115.19 | ₹26.17 | x |
| 2015-03-31 | ₹96.07 | ₹26.17 | x |
| 2016-03-31 | ₹81.72 | ₹26.17 | x |
| 2017-03-31 | ₹49.34 | ₹26.17 | x |
| 2018-03-31 | ₹40.36 | ₹26.17 | x |
| 2019-03-31 | ₹106.75 | ₹26.17 | x |
| 2020-03-31 | ₹54.59 | ₹26.17 | x |
| 2021-03-31 | ₹58.20 | ₹26.17 | x |
| 2022-03-31 | ₹61.94 | ₹26.17 | x |
| 2023-03-31 | ₹67.27 | ₹26.17 | x |
| 2024-03-31 | ₹71.74 | ₹26.17 | x |
| 2025-03-31 | ₹75.92 | ₹26.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Den Networks Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.53%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.90%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.14x
- Recent ROE (5.53%) is above the historical average (-1.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -5.88% | 0.00% | 0.00x | 2.71x | ₹-407.95 Million |
| 2010 | 4.90% | 4.00% | 0.70x | 1.74x | ₹-379.28 Million |
| 2011 | 5.72% | 4.34% | 0.75x | 1.76x | ₹-331.29 Million |
| 2012 | 1.77% | 1.26% | 0.74x | 1.89x | ₹-665.00 Million |
| 2013 | 7.05% | 6.95% | 0.39x | 2.58x | ₹-260.44 Million |
| 2014 | 2.07% | 3.50% | 0.31x | 1.92x | ₹-1.47 Billion |
| 2015 | -8.41% | -12.94% | 0.33x | 1.96x | ₹-3.15 Billion |
| 2016 | -29.63% | -45.54% | 0.30x | 2.17x | ₹-5.77 Billion |
| 2017 | -22.86% | -18.70% | 0.44x | 2.75x | ₹-3.00 Billion |
| 2018 | -4.38% | -2.76% | 0.53x | 3.00x | ₹-1.13 Billion |
| 2019 | -10.90% | -23.47% | 0.30x | 1.55x | ₹-5.32 Billion |
| 2020 | 2.69% | 5.53% | 0.34x | 1.42x | ₹-1.90 Billion |
| 2021 | 7.13% | 15.34% | 0.37x | 1.24x | ₹-794.97 Million |
| 2022 | 5.96% | 14.88% | 0.34x | 1.19x | ₹-1.19 Billion |
| 2023 | 7.57% | 21.99% | 0.29x | 1.17x | ₹-778.85 Million |
| 2024 | 6.28% | 19.86% | 0.28x | 1.15x | ₹-1.27 Billion |
| 2025 | 5.53% | 19.90% | 0.24x | 1.14x | ₹-1.62 Billion |
Industry Comparison
This section compares Den Networks Limited's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $4,898,000,346
- Average return on equity (ROE) among peers: -5.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Den Networks Limited (DEN) | ₹37.93 Billion | -5.88% | 0.13x | $35.74 Million |
| Balaji Telefilms Limited (BALAJITELE) | $5.04 Billion | -5.58% | 0.26x | $40.17 Million |
| Bodhi Tree Multimedia Limited (BTML) | $-32.70 Million | 0.00% | 0.00x | $4.59 Million |
| Cineline India Limited (CINELINE) | $1.09 Billion | -32.54% | 3.14x | $9.47 Million |
| Cinevista Limited (CINEVISTA) | $896.39 Million | -31.22% | 0.95x | $2.77 Million |
| Creative Eye Limited (CREATIVEYE) | $199.87 Million | -3.59% | 0.38x | $892.31K |
| Eros International Media Limited (EROSMEDIA) | $6.70 Billion | 17.48% | 1.04x | $6.77 Million |
| GTPL Hathway Limited (GTPL) | $4.16 Billion | 9.69% | 3.14x | $18.10 Million |
| Hathway Cable & Datacom Limited (HATHWAY) | $13.50 Billion | -12.09% | 2.27x | $48.75 Million |
| Imagicaaworld Entertainment Limited (IMAGICAA) | $12.53 Billion | 6.16% | 0.51x | $63.70 Million |