Is Den Networks a Good Buy After Its Q1 FY27 Results?
- September 10, 2026
- Posted by: Harsh Piplani
- Category: Market
Den Networks share price around Rs 27. 27.0% below 52-week high of Rs 37. Q1 FY27 revenue Rs 298 crore, down 4.4% YoY. PAT Rs 35 crore, down 35.5%. PE 9x.
Quick Answer
Den Networks’ Q1 FY27 results were mixed, with revenue at Rs 298 crore but PAT falling 36% to Rs 35 crore. The Den Networks share price near Rs 27 has not escaped this pressure, and the profit decline is the key data point investors should weigh before deciding whether Den Networks is a good buy right now.
The Den Networks share price has been under the spotlight this results season after the company reported its first-quarter numbers for FY27. Den Networks is a cable television and broadband distribution company, and its Q1 FY27 print, for the quarter ended June 30, 2026, gives investors a fresh data point to test whether the stock still deserves a place in a portfolio at current levels.
Revenue for the quarter came in at Rs 298 crore, down 4.4% year on year, while profit after tax came in at Rs 35 crore, down 35.5% from a year earlier. That combination of numbers is exactly what this article breaks down, along with what it means for the Den Networks share price from here.
This piece works through the quarter’s financial highlights, the business factors behind the numbers, where the Den Networks share price stands against its 52-week range and valuation multiples, and the key risks worth watching before treating this as a buy, hold or a stock to avoid for now.
Click Here – Get Free Investment Predictions
Den Networks Q1 FY27 Financial Highlights
| Metric | Q1 FY27 | Q1 FY26 | YoY Change |
|---|---|---|---|
| Revenue | Rs 298 crore | Rs 312 crore | -4.4% |
| EBITDA | Rs 68 crore | Rs 92 crore | -25.7% |
| Operating Margin | 27.6% | 37.2% | NA |
| Profit Before Tax | Rs 46 crore | Rs 65 crore | -28.4% |
| Net Profit / (Loss) | Rs 35 crore | Rs 54 crore | -35.5% |
Den Networks Q1 FY27 Performance Analysis
Check Den Networks Fundamentals on Univest Screener
Revenue declined 4.4% for the quarter, which was not offset by cost control, and the cable television distribution business will need a stronger showing next quarter to reverse the trend.
Profitability is where the quarter disappointed. PAT fell 36% year on year to Rs 35 crore with revenue also down 4.4%, which points to margin or cost pressure that management will need to address. This gap between top-line and bottom-line performance is the key thing weighing on the Den Networks share price this quarter.
On a sequential basis, revenue moved up 1.6% sequentially from Rs 293 crore in the March 2026 quarter and net profit moved down 5.1% sequentially from Rs 36 crore in the prior quarter, giving a fuller picture of the trend behind the Den Networks share price than the year on year comparison alone.
Key Business Factors in Q1 FY27
Revenue Trend
Den Networks’ revenue declined 4.4% year on year this quarter, taking the quarterly base to Rs 298 crore in a cable television distribution business that remains sensitive to demand and pricing cycles that ultimately feed through to the Den Networks share price.
Margin Movement
EBITDA fell to Rs 68 crore from Rs 92 crore, and operating margin slipped to 27.6% from 37.2% a year earlier, pointing to cost or pricing pressure that management will need to manage through the rest of FY27.
Balance Sheet Position
Den Networks carries a low debt-to-equity ratio of 0.01, giving it a conservative balance sheet heading into the rest of FY27.
Valuation Context
The stock trades at a PE of 8.8x, below the industry average of 22.8x, which is worth factoring into any read of whether the Den Networks share price is expensive or reasonably priced.
Dividend Details
No interim dividend was declared alongside Den Networks’ Q1 FY27 results. The stock has not paid a meaningful dividend in the trailing twelve months. Investors tracking the Den Networks share price for income should watch the company’s announcements around its next annual results for any dividend decision.
Den Networks Share Price Outlook for FY27
The key question for the rest of FY27 is whether Den Networks can arrest the margin pressure seen this quarter. Revenue growth alone will not be enough to support the Den Networks share price if profitability keeps slipping, so investors should watch the next couple of quarters for signs of a turnaround in the bottom line.
A stabilising or improving margin trend in the next result would be the clearest signal that this quarter’s profit decline was a temporary setback rather than the start of a longer slide for the Den Networks share price.
Den Networks Stock Performance
Download the Univest iOS App or Univest Android App to track Den Networks’ live share price and get daily stock updates.
The Den Networks share price was trading around Rs 27 as results season played out in late August 2026, roughly 27.0% below its 52-week high of Rs 37 and well above its 52-week low of Rs 23.
The Den Networks share price has likely already absorbed some of this quarter’s disappointment, but further downside is possible if the next results confirm the same trend rather than a one-off. On profitability ratios, the company reports a return on equity of 4.38% and a book value of around Rs 79 per share, both useful reference points when judging whether the current price is reasonable.
Key Risks
Profitability Risk
The quarter’s profit trend is the clearest risk here. Until Den Networks shows a sustained improvement in margins or the bottom line, the stock is likely to stay volatile around results.
Sector and Demand Risk
As a cable television distribution business, Den Networks’ results remain tied to sector-specific demand, pricing and regulatory cycles that can shift from quarter to quarter and move the Den Networks share price well before the next result.
Execution Risk
Sustaining this quarter’s trend into the rest of FY27 depends on management execution on costs, pricing and demand, none of which are guaranteed.
Conclusion
Den Networks’ Q1 FY27 results were weak on both counts, with PAT down 36% to Rs 35 crore, with revenue also falling 4.4%. The Den Networks share price reflects a stock in wait-and-watch mode, and it is not an obvious buy purely on this quarter’s numbers until both the topline and margin trend turn around.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on Den Networks Q1 FY27 Results
What were Den Networks’ Q1 FY27 results?
Ans. Den Networks reported Q1 FY27 revenue of Rs 298 crore, down 4.4% year on year, and PAT of Rs 35 crore, down 35.5% year on year.
Is Den Networks a good buy after its Q1 FY27 results?
Ans. Den Networks’ profitability came under pressure this quarter, which makes this a stock to watch rather than an obvious buy purely on this result. Investors should form their own view based on their own risk appetite and time horizon.
What is the Den Networks share price today?
Ans. The Den Networks share price was trading around Rs 27 in late August 2026, about 27.0% below its 52-week high of Rs 37 and well above its 52-week low of Rs 23.
What is Den Networks’ revenue and profit for Q1 FY27?
Ans. Den Networks reported revenue of Rs 298 crore and a net profit of Rs 35 crore for the quarter ended June 30, 2026.
Did Den Networks declare a dividend with its Q1 FY27 results?
Ans. No interim dividend was declared alongside Den Networks’ Q1 FY27 results. Investors should track the company’s next annual results for any dividend announcement.
What is Den Networks’ PE ratio and is it expensive?
Ans. The Den Networks share price trades at a trailing PE of 8.8x, against an industry average of 22.8x. Investors should compare this with the company’s growth rate before judging value.
What are the key risks for Den Networks investors right now?
Ans. The quarter’s profit trend is the clearest risk here. Until Den Networks shows a sustained improvement in margins or the bottom line, the stock is likely to stay volatile around results. Sustaining this quarter’s trend into the rest of FY27 depends on management execution on costs, pricing and demand, none of which are guaranteed.
What is Den Networks’ promoter shareholding?
Ans. Promoter shareholding data for Den Networks was not fully available for this quarter and should be checked on the company’s official filings.
