Den Networks Ltd

AGM notice

• Newspaper ad confirms the 19th AGM and includes e-voting information.
• Exact AGM date, time, and venue are not specified in this chunk.

Overview

• Cable TV services provider; reporting on standalone DEN entity for FY2025-26.

Key ESG Risks & Opportunities

• Energy management is an opportunity with LED lighting and equipment-off practices.
• Waste management presents regulatory risk and circular economy opportunities via e-waste disposal and STB refurbishment.
• Data privacy and cybersecurity are risks mitigated by a governance framework and training.
• Human rights and responsible supply chain present risk and opportunity; ESG assessments planned.
• Governance data quality and transparency improvements support ESG decision-making.
• Circular economy via refurbishing STBs reduces e-waste and resource use.

Governance & Policy Highlights

• Board oversight with CSR Committee; ABAC policy; Vigil Mechanism and Whistle-Blower Policy.
• Policy coverage and board approvals evidenced for governance policies.
• No penalties or adverse regulatory actions reported.
• No external assurance on policies.

Social Responsibility & Workforce

• Total workforce 876; permanent 373 and non-permanent 503.
• Board female representation 25%; KMP female 33%.
• LTIFR nil; no fatalities; total recordable injuries zero.
• Well-being spending 0.17% of revenue.
• Return to work 100% for permanent employees; retention 38%.
• POSH complaints: 1 in FY2025-26; 0 in FY2024-25.
• Accessibility: offices accessible to differently abled; sensor-activated entrances and staff.
• Median remuneration disclosed for KMPs and employees.
• Grievance mechanisms for employees/workers; confidential whistleblower channels.
• CSR beneficiaries include 16,902 sustainable livelihoods; 4,299 preventive healthcare; all from vulnerable groups.

Environmental Performance

• Total energy from non-renewables 15,392.30; renewables 0.
• Scope 1 emissions 18.28 tCO2e; Scope 2 emissions 2,985.45 tCO2e; total 3,003.73 tCO2e.
• Emissions intensity 0.30 tCO2e per million INR turnover.
• Water consumption 12,402 kL; water intensity 1.24 kL per million INR.
• Total waste 38.49 MT; e-waste 32.32 MT; battery waste 6.17 MT; STB refurbishment 29.96%.
• BIS certification for STBs; ZLD not applicable; no renewable energy share.

Stakeholder Engagement & Complaints

• Stakeholders include employees, customers, investors, suppliers, communities, regulators; engagement ongoing.
• Customer complaints 10,477 in FY2025-26; no unresolved complaints at year end.
• Complaints from communities: none; investors: 0 complaints.
• Public policy advocacy via AIDCF; CEO on its board.
• Channels include investor relations email; CSR policy grievance details.

Other Notable Metrics

• CSR turnover ₹1,000.92 crore; net worth ₹3,853.27 crore.
• Related-party transactions: purchases 57.78%; sales 53.73%; investments 83.16%.
• AIDCF affiliation; CEO involvement on AIDCF board.
• Policy framework includes ABAC; training coverage 100% for BoD, KMPs, and employees.
• Life cycle assessment not yet conducted; exploring future.
• Data privacy/cybersecurity policy exists; no data breaches reported.
• Affiliations with trade bodies; no adverse regulatory orders.

Financial performance

• Standalone revenue ₹10,009.17m; PAT ₹1,227.53m; EPS ₹2.57.
• Consolidated revenue ₹9,742.80m; PAT ₹1,656.25m; EPS ₹3.48.

Dividends & capital returns

• Dividend not recommended for FY2025-26.
• Dividend policy published on company website.

Capital & liquidity

• No long-term borrowings; substantial cash and bank balances.
• Net debt negative on stand-alone and consolidated bases.
• Preferential allotment proceeds invested in mutual funds and fixed deposits.

Operations & strategic developments

• IPTV trial conducted to test delivery, content, and security.
• Area Manager App launched; 100% adoption; real-time performance reviews.
• Cost savings ₹24 crore achieved in FY26.
• FMEL identified as material subsidiary; eight step-down subsidiaries amalgamated into FMEL.

Subsidiaries & associates

• Material subsidiary Futuristic Media and Entertainment Limited.
• Ceased subsidiaries: Den Fateh Marketing, Den Budaun Cable Network, Mahadev Den Cable Network.
• Associates: Den Satellite Network Private Limited and DEN ADN Network Private Limited; equity method.

Governance & audit

• Statutory auditors: Chaturvedi & Shah LLP; re-appointed for five years.
• Secretarial Auditor: Neelesh Kumar Jain; no qualifications.
• Board committees: Audit; Nomination & Remuneration; CSR; Risk; Stakeholders; Finance.
• CEO/CFO certifications; compliance with LODR and Code of Conduct.

Related party transactions

• FMEL-related party transactions FY2025-26: services availed ₹66.53m; services provided ₹1,189.45m.
• Jiostar transactions: AGM limit ₹714 crore; FY2025-26 subscription ₹333.60 crore; Q1 FY2026-27 ₹93.40 crore.
• Audit Committee reviews related party transactions; thresholds per RPT policy.

CSR & ESG highlights

• CSR spend ₹22.50m; CSR obligation ₹21.88m; carry-forward surplus ₹0.62m for set-off.
• 21,201 CSR beneficiaries.
• ESG: 15 material topics; energy, emissions, climate action; data privacy; governance.
• Energy: 15,392 GJ; 3,003 tCO2e; Scope 1 reductions 50%, Scope 2 reductions 18%.
• Water: 12,402 kL; e-waste 38.49 MT; 29.96% STBs refurbished.

Outlook & risks

• Forward-looking statements subject to regulatory, macro, and energy-price risks.
• India’s M&E outlook: robust growth supported by digital adoption; projected CAGR ~7.8% to 2029.

AGM notice details

• Notice of Annual General Meeting published on 7 August 2026.
• Issuer: DEN Networks Limited; Scrip code 533137; Trading symbol DEN.

AGM details

• 19th AGM scheduled for Sep 2, 2026 at 12:30 PM IST via VC/OAVM.
• Cut-off date for voting: Aug 26, 2026.

Overview

• Investors' presentation issued for unaudited Q1 FY26-27 results (quarter ended 30 June 2026).

Financial Highlights

• Consolidated revenue Rs 243 crore; EBITDA Rs 13 crore; PAT Rs 35 crore in Q1 FY26-27.
• Revenue up 1% YoY; EBITDA down 39% YoY; PAT down 36% YoY.

Capital & Reserves

• Net worth Rs 3,822 crore; reserves Rs 3,345 crore.
• Share capital Rs 477 crore.

Liquidity & Asset Base

• Cash and cash equivalents: Rs 3,383 crore; zero gross debt.
• Total assets: Rs 4,434 crore.

Business Scope

• Cable operations in 440+ cities across 13 states.
• Broadband subsidiary DEN Broadband Limited is wholly owned.

Standalone results

• Revenue from operations Rs 2,569.63m; total income Rs 3,107.45m in quarter ended 30 Jun 2026.
• Profit after tax Rs 329.18m; basic and diluted EPS Rs 0.69.
• Total expenses Rs 2,664.22m; profit before tax Rs 443.23m; tax Rs 114.05m.
• Standalone segment losses: Cable distribution Rs 63.49m; Broadband Rs 9.67m.
• Cable distribution net revenue Rs 2,376.97m; broadband Rs 95.77m; net revenue Rs 2,427.74m.
• Other income Rs 537.82m; finance costs Rs 4.12m; depreciation Rs 150.79m.
• Paid-up equity Rs 4,767.66m; Other Equity Rs 33,765.08m.
• EPS basic Rs 0.69; diluted Rs 0.69.

Consolidated results

• Consolidated revenue from operations Rs 2,427.74m; total income Rs 2,981.72m.
• Consolidated profit after tax Rs 345.89m; EPS Rs 0.77.
• Total expenses Rs 2,505.02m; tax Rs 119.03m; PBT Rs 464.92m.
• Consolidated segment losses: Cable Rs 63.49m; Broadband Rs 9.67m; total Rs 73.16m.
• Consolidated gross revenue Rs 2,472.74m; net revenue Rs 2,427.74m.
• Consolidated assets Rs 44,336.01m; consolidated liabilities Rs 5,725.15m.
• EPS basic Rs 0.77; diluted Rs 0.77.

Meeting Details

• Scheduled board meeting on July 14, 2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve standalone and consolidated unaudited financial results for the quarter ended June 30, 2026.

DEN Networks Limited - Trading Window Close Period will commence from July 01, 2026 and end 48 hours after the financial results for the first quarter ending June 30, 2026 become Generally Available Information.