Siti Networks Ltd

Siti Networks Ltd

₹ 0.50 0.00%
01 Jul 4:00 p.m.
About

Incorporated in 1992, SITI Networks Ltd is in the distribution of television channels through digital cable distribution network and allied services[1]

Key Points

Business Overview:[1]
SITINL is a part of the Essel Group. It is a Multi System Operator with 15 digital head ends and a network of 33,000+ Km of optical fibre and coaxial cable, 1.2 Gbps links in pan-India to carry digital TV signals and over 24,000 LCO partners across India. Company provides its cable services in ~800 Locations and adjoining areas and has 500 IP points to serve a customer base of 45+ million active customers

  • Market Cap 43.6 Cr.
  • Current Price 0.50
  • High / Low 1.14 / 0.46
  • Stock P/E
  • Book Value -13.4
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE %
  • Face Value 1.00

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -6.03% over past five years.
  • Promoter holding is low: 6.10%
  • Contingent liabilities of Rs.772 Cr.
  • Earnings include an other income of Rs.33.2 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
360 331 342 335 338 322 312 323 283 308 303 279 289
317 302 310 310 304 321 306 310 340 302 303 293 297
Operating Profit 42 29 32 25 33 1 6 12 -57 7 -1 -14 -8
OPM % 12% 9% 9% 8% 10% 0% 2% 4% -20% 2% -0% -5% -3%
-3 3 9 10 5 2 3 4 76 4 6 5 18
Interest 29 30 29 28 28 27 25 24 -6 24 24 24 24
Depreciation 93 79 78 75 112 74 70 63 26 34 33 31 27
Profit before tax -82 -78 -66 -68 -102 -99 -85 -71 0 -47 -52 -64 -42
Tax % -3% -0% 3% 1% -1% -1% -1% 2% -7,725% 1% 4% 5% 7%
-79 -77 -68 -69 -101 -97 -84 -73 9 -48 -54 -67 -45
EPS in Rs -0.86 -0.84 -0.76 -0.74 -0.88 -1.00 -0.91 -0.80 0.22 -0.53 -0.58 -0.71 -0.58
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
697 906 1,146 1,195 1,410 1,442 1,608 1,537 1,446 1,345 1,291 1,179
583 768 900 992 1,100 1,119 1,294 1,294 1,254 1,225 1,260 1,195
Operating Profit 114 138 246 203 311 323 314 243 192 120 31 -17
OPM % 16% 15% 21% 17% 22% 22% 20% 16% 13% 9% 2% -1%
12 30 23 6 -3 -42 -35 -11 0 25 97 33
Interest 119 121 140 127 140 171 158 126 120 115 82 96
Depreciation 84 133 165 241 326 365 346 349 331 344 258 125
Profit before tax -77 -85 -36 -160 -158 -254 -224 -243 -259 -314 -212 -205
Tax % 8% 20% 14% 12% 7% 4% -4% -1% 1% 0% -3% 4%
-83 -102 -41 -179 -170 -264 -214 -241 -261 -315 -205 -213
EPS in Rs -1.81 -1.61 -0.60 -2.16 -2.22 -3.05 -2.32 -2.75 -2.89 -3.21 -2.11 -2.40
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 3%
5 Years: -6%
3 Years: -7%
TTM: -9%
Compounded Profit Growth
10 Years: %
5 Years: -8%
3 Years: 4%
TTM: 15%
Stock Price CAGR
10 Years: -35%
5 Years: -27%
3 Years: -36%
1 Year: -25%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 52 68 79 87 87 87 87 87 87 87 87 87
Reserves 61 115 492 450 256 111 -92 -332 -584 -863 -1,047 -1,256
1,262 1,395 1,135 1,371 1,448 1,454 1,179 1,018 983 919 773 772
447 658 1,225 1,231 1,298 1,161 1,201 1,085 1,168 1,267 1,512 1,712
Total Liabilities 1,823 2,236 2,931 3,139 3,089 2,813 2,375 1,858 1,654 1,410 1,326 1,315
768 895 1,389 1,711 2,031 1,762 1,508 1,236 1,007 732 513 425
CWIP 170 199 538 429 153 99 59 55 86 61 69 78
Investments 2 2 2 5 5 15 20 11 14 2 80 102
883 1,141 1,001 993 901 937 788 555 547 615 663 710
Total Assets 1,823 2,236 2,931 3,139 3,089 2,813 2,375 1,858 1,654 1,410 1,326 1,315

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
164 122 390 137 341 437 504 299 184 181 281 83
-461 -293 -636 -624 -387 -185 -42 -139 -182 -64 -163 -72
523 249 184 290 -32 -274 -358 -225 -51 -76 -149 -2
Net Cash Flow 225 78 -62 -197 -77 -22 104 -64 -50 41 -31 8

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 102 132 83 111 95 100 68 55 64 68 75 79
Inventory Days
Days Payable
Cash Conversion Cycle 102 132 83 111 95 100 68 55 64 68 75 79
Working Capital Days -66 -123 -205 -131 -222 -170 -242 -128 -156 -211 -289 -342
ROCE % 4% 2% 6% -1% 0% -1% -1% -8% -17% -50% -1,293%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
6.10% 6.10% 6.10% 6.10% 6.10% 6.10% 6.10% 6.10% 6.10% 6.10% 6.10% 6.10%
7.31% 7.31% 5.49% 3.99% 3.99% 3.96% 2.05% 2.05% 2.05% 2.05% 2.05% 2.05%
0.00% 0.00% 0.00% 0.00% 0.00% 2.43% 2.43% 2.43% 2.43% 2.43% 2.43% 2.43%
86.59% 86.58% 88.41% 89.90% 89.89% 87.51% 89.42% 89.42% 89.41% 89.43% 89.42% 89.41%
No. of Shareholders 1,90,4681,88,7531,91,4251,88,7171,87,4641,85,4681,85,0091,92,8552,16,8702,31,2322,53,8442,60,188

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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