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Swing Capital

Siti Networks Ltd

NSE: SITINET BSE: 532795IT / Software

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

₹0.49
52W: ₹0.28 — ₹0.58
PE 0 · Book ₹15.7 · -97% vs book
Market Cap₹42.7 Cr
Stock P/E—Price to Earnings
ROCE0%Return on Capital
ROE0%Return on Equity
Div. Yield0%Face Value ₹1

Weaknesses

  • −Company has low interest coverage ratio.
  • −The company has delivered a poor sales growth of -15.3% over past five years.
  • −Promoter holding is low: 6.10%
  • −Contingent liabilities of Rs.860 Cr.
  • −Debtor days have increased from 122 to 148 days.

Shareholding Pattern

Promoters6.1%
FIIs2.05%
DIIs2.43%
Public89.42%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters6.1%6.1%6.1%6.1%6.1%6.1%6.1%6.1%
FIIs2.05%2.05%2.05%2.05%2.05%2.05%2.05%2.05%
DIIs2.43%2.43%2.43%2.43%2.43%2.43%2.43%2.43%
Public89.41%89.43%▲0.089.42%▼0.089.41%▼0.089.42%▲0.089.42%89.42%89.42%

Financial Statements

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales117941031181019281828096
Expenses13211011110711310510311296100
Operating Profit-15-15-812-12-13-22-31-16-4
OPM %-12%-16%-8%10%-12%-14%-27%-37%-20%-4%
Net Profit-84-71-6165-44-45-53-53-44-31
EPS ₹-0.96-0.82-0.70.75-0.5-0.52-0.61-0.61-0.5-0.36

AI Insights

Revenue Trend

TTM revenue at ₹339Cr, down 4.8% YoY. OPM at -21%.

Debt Position

Borrowings at ₹757Cr. Debt-to-equity ratio: N/Ax. High leverage — monitor closely.

Capex Cycle

CWIP at ₹19Cr (32% of fixed assets). Significant capex underway — growth runway building.

Institutional Flow

DIIs: 2.43% (+2.43pp change). FIIs: 2.05% (-1.94pp change). Promoters hold 6.1%.

Margin & Efficiency

ROCE declining from 1% (Mar 2014) to 0% (Mar 2025). Working capital days: -1819.

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