Siti Networks

Who are the top shareholders of the Siti Networks?

The top shareholders of Siti Networks include Essel Media Ventures Limited with 4.95%, HDFC Bank Limited at 2.43%, and 5 Foreign Institutional Investors holding 2.05%. Individual investors make up 80.99% of the ownership, with no pledged promoter holdings reported.

The top shareholders of Siti Networks include Essel Media Ventures Limited, which holds the highest promoter stake at 4.95%. Additionally, HDFC Bank Limited is the largest public shareholder with a holding of 2.43%. The company also has 5 Foreign Institutional Investors (FIIs) collectively holding 2.05%. Individual investors represent a significant portion of the ownership at 80.99%. There are no pledged promoter holdings reported.

Who are in the management team of Siti Networks?

As of March 2022, the management team of Siti Networks includes Suresh Kumar (Company Secretary), Suresh Kumar Arora (Whole-time Director), Amitabh Kumar, Kavita Kapahi, and independent directors Sunil Kumar Maheshwari, Bhanu Pratap Singh, and Shilpi Asthana. Each member plays a key role in the company's governance and operations.

As of March 2022, the management team of Siti Networks includes the following individuals:<BR><BR>1. Suresh Kumar - Company Secretary & Compliance Officer<BR>2. Sunil Kumar Maheshwari - Independent Director<BR>3. Suresh Kumar Arora - Whole-time Director<BR>4. Bhanu Pratap Singh - Independent Director<BR>5. Amitabh Kumar - Director<BR>6. Kavita Kapahi - Director<BR>7. Shilpi Asthana - Independent Director<BR><BR>Each member has a specific role within the company, contributing to its governance and operational management.

When is the next results date for Siti Networks?

No Upcoming Board Meetings

What does Siti Networks do?

Siti Networks Ltd operates in the Media & Entertainment industry, primarily focusing on cable TV distribution. As of December 2024, it reported net sales of ₹279 Cr and a net loss of ₹62 Cr, with a market cap of ₹44 Cr.

Overview:<BR>Siti Networks Ltd operates in the Media & Entertainment industry and is classified as a Micro Cap company.<BR><BR>History:<BR>Siti Networks Ltd was originally incorporated as 'Wire and Wireless (India) Limited' on March 24, 2006, following the demerger of Zee Entertainment Enterprises Limited, which transferred its Cable TV Distribution Business to the company effective from March 31, 2006. The most recent quarterly results reported net sales and profit for December 2024.<BR><BR>Financial Snapshot:<BR>Net Sales: 279 Cr (Quarterly Results - Dec 2024) <BR>Net Profit: -62 Cr (Quarterly Results - Dec 2024) <BR>Market Cap: Rs 44 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 16 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.48 <BR>Return on Equity: 20.55% <BR>Price to Book: -0.04<BR><BR>Contact Details:<BR>Address: Unit No 38 1st Floor A Wing, Madhu Indl Est P B Marg Worli Mumbai Maharashtra : 400013 <BR>Tel: 91-022-43605555 <BR>Email: csandlegal@sitinetworks.com <BR>Website: http://www.sitinetworks.com

Has Siti Networks declared dividend?

No Dividend History Available

Who are the peers of the Siti Networks?

Peers of Siti Networks include Sun TV Network, Zee Entertainment, Nazara Technologies, Saregama India, PVR Inox, and others. Siti Networks has below-average management risk and capital structure, with a 1-year return of -19.05%, better than Thinkink Picture but worse than Nazara Technologies, which leads with a 61.71% return.

Peers: The peers of Siti Networks are Sun TV Network, Zee Entertainmen, Nazara Technolo., Saregama India, PVR Inox, Thinkink Picture, Orient Tradelink, Prit Nandy Comm., and Picturehouse.<BR><BR>Quality Snapshot: Excellent management risk is observed at Sun TV Network, Saregama India, and Thinking, while Average management risk is found at Zee Entertainmen, Nazara Technolo., PVR Inox, Thinkink Picture, and Prit Nandy Comm. Below Average management risk is present at Siti Networks, Orient Tradelink, and the rest. Growth is rated as Good for Nazara Technolo. and Saregama India, while Below Average growth is noted for Sun TV Network, Zee Entertainmen, PVR Inox, Thinkink Picture, Siti Networks, Orient Tradelink, Prit Nandy Comm., and the rest. All peers have an Excellent capital structure except for PVR Inox, Siti Networks, and Prit Nandy Comm., which have Below Average capital structures.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Nazara Technolo. at 61.71%, while the peer with the lowest is Thinkink Picture at -82.29%. Siti Networks has a 1-year return of -19.05%, which is better than Thinkink Picture but worse than Nazara Technolo. Additionally, PVR Inox, Thinkink Picture, and Prit Nandy Comm. have negative six-month returns.

Is Siti Networks overvalued or undervalued?

As of March 29, 2023, Siti Networks is considered overvalued and rated as "risky" due to negative financial ratios and significant underperformance, with a year-to-date return of -38.55%.

As of 29 March 2023, Siti Networks has moved from a grade of "does not qualify" to "risky." The company is currently considered overvalued based on its financial ratios, which include a PE Ratio of -0.21, an EV to EBITDA of -8.50, and an EV to Sales of 0.47. Comparatively, peers such as Hathway Cable, which is rated as expensive, has a PE Ratio of 29.4, while Den Networks, rated as attractive, has a PE Ratio of 8.74. <BR><BR>The negative capital employed and negative book value further underscore the company's precarious financial position. Despite a recent stock return of 2.00% over the past week, which outperformed the Sensex's 1.41%, the year-to-date return of -38.55% highlights significant underperformance relative to the broader market. Overall, Siti Networks appears to be overvalued given its financial metrics and peer comparisons.

What is the technical trend for Siti Networks?

As of April 15, 2025, the trend is mildly bearish due to daily moving averages signaling bearishness, while weekly indicators show mixed signals, resulting in a moderate overall bearish sentiment.

As of 15 April 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish signal, while the weekly MACD and KST show mildly bullish trends. However, the Bollinger Bands and OBV on a weekly basis are also mildly bearish, contributing to the overall bearish sentiment. The lack of signals from the RSI and Dow Theory suggests a neutral trend in both weekly and monthly time frames. Overall, the strength of the bearish trend is moderate, with mixed signals across different indicators.

Should I buy, sell or hold Siti Networks?

How has been the historical performance of Siti Networks?

Siti Networks has experienced a declining trend in net sales and profitability, with net sales dropping from 1,536.92 Cr in Mar'21 to 1,178.51 Cr in Mar'25, and significant losses reported, including a profit after tax of -212.98 Cr in Mar'25. Overall, the company faces challenges marked by decreasing revenues and increasing losses.

Answer:<BR>The historical performance of Siti Networks shows a declining trend in net sales and profitability over the years, culminating in significant losses in recent periods.<BR><BR>Breakdown:<BR>Siti Networks' net sales have decreased from 1,536.92 Cr in Mar'21 to 1,178.51 Cr in Mar'25, reflecting a consistent downward trend. Total operating income followed a similar pattern, dropping from 1,618.59 Cr in Mar'20 to 1,178.51 Cr in Mar'25. The company's total expenditure, excluding depreciation, also saw fluctuations but ultimately increased to 1,194.93 Cr in Mar'25. Operating profit (PBDIT) turned negative in Mar'25 at -16.42 Cr, a stark contrast to the positive figures seen in previous years, with a peak of 340.65 Cr in Mar'20. The profit before tax has remained negative, reaching -204.74 Cr in Mar'25, while the profit after tax also reported a loss of -212.98 Cr. The earnings per share (EPS) reflected these losses, showing -2.4 in Mar'25 compared to -2.11 in Mar'24. Overall, the financial metrics indicate a challenging period for Siti Networks, characterized by declining revenues and increasing losses.

How big is Siti Networks?

As of 24th July, Siti Networks Ltd has a market capitalization of 48.00 Cr and reported net sales of 1178.51 Cr with a net loss of 209.46 Cr over the latest four quarters. Shareholder's funds are at a loss of 959.41 Cr, with total assets valued at 1,279.11 Cr.

As of 24th July, Siti Networks Ltd has a market capitalization of 48.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Siti Networks reported net sales of 1178.51 Cr. However, the net profit for the same period showed a loss of 209.46 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024. Shareholder's funds stood at a loss of 959.41 Cr, while total assets were valued at 1,279.11 Cr.

Which are the latest news on Siti Networks?

Why is Siti Networks Ltd falling/rising?

As of 12-Apr, Siti Networks Ltd's stock price is Rs. 0.49, unchanged from the previous session, and has fallen for eight consecutive weeks, hitting a new all-time low. The company faces significant long-term challenges, including negative EBITDA, high debt, and declining investor interest, contributing to a lack of confidence in its financial health.

As of 12-Apr, Siti Networks Ltd is experiencing a decline in its stock price, currently at Rs. 0.49, which has not changed from the previous trading session. The stock has underperformed significantly, falling every week for the last eight weeks and generating 0% returns during this period. It has also hit a new 52-week and all-time low today. <BR><BR>The stock's performance is notably weaker compared to the benchmark Sensex, which has risen by 5.77% over the past week. In terms of longer-term performance, Siti Networks has seen a substantial decline, with a 3-year drop of 61.42% and a 5-year decline of 41.67%, while the Sensex has gained 29.58% and 56.38% respectively over the same periods. <BR><BR>Additionally, the company has reported weak long-term fundamentals, including a negative EBITDA of Rs. -26.78 crore and a high debt-to-equity ratio of 2.28 times. The lack of declared results in the last six months and a significant annual decline in operating profit of -192.93% over the past five years further contribute to investor concerns. <BR><BR>Investor participation has also decreased, with a delivery volume drop of 4.17% compared to the 5-day average, indicating reduced interest in trading the stock. Overall, these factors combined suggest a lack of confidence in the company's financial health and future prospects, leading to the stock's decline.