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Den Networks Ltd.

BSE: 533137 | NSE: DEN |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE947J01015 | SECTOR: Media & Entertainment

BSE Live

Aug 02, 16:00
54.00 1.00 (1.89%)
Volume
AVERAGE VOLUME
5-Day
409,185
10-Day
2,530,616
30-Day
1,402,852
764,714
  • Prev. Close

    53.00

  • Open Price

    53.10

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

NSE Live

Aug 02, 15:59
54.05 1.10 (2.08%)
Volume
AVERAGE VOLUME
5-Day
2,452,640
10-Day
3,149,615
30-Day
3,160,276
3,183,238
  • Prev. Close

    52.95

  • Open Price

    53.30

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    54.05 (2355)

Annual Report

For Year :
2015 2010

Chairman's Speech

Dear Shareholders, We all continue to be excited with the huge opportunity for the cable & broadband business. With a strong and empowered leadership team, DEN is right there in exploiting this opportunity to maximize shareholder value and we welcome the coming year with Digitization as the focus. The Indian Economy growth picked up in FY''14-15, inflation markedly declined, and the external position was comfortable, helped by positive policies and lower global oil prices. With a stable government and pro-growth policy reforms, India is expected to drive itself home through more and consistent GDP growth in the subsequent years. The year 2014 has been a turning point for the media and entertainment industry in India many ways. One of the major highlights in 2014 was the announcement of '' Digital India: A programme to transform India into a digitally empowered society and knowledge economy'' by the government. Another trending phenomenon is Internet-Of-Things (IOT) which aims to inter- connect household devices like TV ACs, Microwaves, Fridge, Cameras etc. to provide remote access and control. All these are signs of a technical revolution and development in India which can be achieved only through Digitization. The rollout of digital cable STBs in Phases I and II cities is now complete and the stage is set for introduction of new age facilities like channel packaging, online bill payment, HD channels, Broadband etc. With successful completion of Phases I and II, the roadmap is clear for Phases III and IV Government support for Digital India provides a conducive environment for timely completion of Phases III and IV We are adequately prepared and well capitalized for the opportunity and are consolidating operations, setting up business processes and systems, working on STB procurement and putting logistics in place to handle the huge scale STB roll out. Broadband is another huge opportunity area. Wired broadband connections in the country are expected to grow up from 20 million in 2014 to 32 million in 2019. Globally DOCSIS (Data Over Cable Service Interface Specification) is the predominant technology used for cable broadband and has higher speed and lower investment advantage over the DSL (Digital Subscriber Line) technologies used by telecom operators which require significantly less investment, but had speed limitations. We have soft launched our high speed broadband services and have crossed 3.3L Homes Passed with ~23,000 broadband subscribers. We also forayed into TV Shopping and Soccer this fiscal year. TV shopping in India is almost a 4,000-5,000 crore market. Our TV shopping JV between DEN and Snapdeal brings tremendous synergies because we are able to leverage our reach in distribution and our capabilities on the video side to drive the front end activities and Snapdeals brand merchandising and strong back-end allows state of the art infrastructure. The JV has a reach of more than 25m Homes and has started clocking annualised GMV of more than ~120 Crores. On the soccer side, DEN, through its wholly owned subsidiary acquired Delhi Dynamos FC, one of the most popular teams of the ISL with a fan base of over 425,000 (based on Facebook likes) and over 29,000 Twitter followers. The inaugural season of the Indian Super League (ISL) generated huge audience interest with overall season viewership reaching 429 million. The ISL also became Asia''s No.1 League and the worlds No. 4 League by stadium attendance attracting an average of 26,000 spectators every match. I would like to place on record my sincere appreciation to the Board of Directors for their guidance. I would also like to express my gratitude to all our stakeholders for their continuing faith in DEN. With best wishes, Sameer Manchanda Chairman Managing Director