SITINET
Siti Networks Limited
Siti Networks Limited (SITINET) financial statements and selected valuation metrics through 30 September 2025.
Consumer Discretionary›Media, Entertainment & Publication›Entertainment›TV Broadcasting & Software Production
sitinetworks.com(opens the company website in a new tab)Key metrics
Price as of 2026-10-19
Stock price
₹0.23
Market cap
20 Cr
Stock P/E
Loss (TTM EPS ₹-2.29)
Operating margin (FY25)
-12.0%
OCF / EBITDA (3Y)
508.7%
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
Share price and valuation multiples (P/E, P/B and more) over time.
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Compare with peers
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What you need to know
Siti Networks distributes cable television and broadband services in India, and it has been in a Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code since a tribunal order of 22 February 2023.
Company snapshot
13thBy market cap
Ranked among 15 companies in TV Broadcasting & Software Production.
What we see
Positives
- ✓509% of operating profit came in as cash over the last three years — profits are backed by real cash.
Concerns
- ✗Revenue fell 9% in the latest year — top line is under pressure.
2 more signals from the filings.Sign in free to see them all
Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 342 Cr | 335 Cr | 338 Cr | 322 Cr | 312 Cr | 323 Cr | 283 Cr | 308 Cr | 303 Cr | 289 Cr | 271 Cr | 296 Cr |
| Operating expenses (approx.) | 310 Cr | 310 Cr | 304 Cr | 321 Cr | 306 Cr | 310 Cr | 340 Cr | 301 Cr | 303 Cr | 297 Cr | 272 Cr | 299 Cr |
| EBITDA | 32 Cr | 26 Cr | 33 Cr | 0.70 Cr | 6 Cr | 13 Cr | -56 Cr | 7 Cr | -0.92 Cr | -8 Cr | -2 Cr | -3 Cr |
| OPM % | 9.3% | 7.6% | 9.9% | 0.2% | 2.0% | 3.9% | -19.9% | 2.2% | -0.3% | -2.9% | -0.6% | -0.9% |
| Other income | 9 Cr | 10 Cr | 13 Cr | 2 Cr | 3 Cr | 4 Cr | 7 Cr | 4 Cr | 6 Cr | 18 Cr | 7 Cr | 6 Cr |
| Interest | 29 Cr | 28 Cr | 28 Cr | 27 Cr | 25 Cr | 24 Cr | -6 Cr | 24 Cr | 24 Cr | 24 Cr | 24 Cr | 25 Cr |
| Depreciation | 78 Cr | 75 Cr | 112 Cr | 74 Cr | 70 Cr | 63 Cr | 26 Cr | 34 Cr | 33 Cr | 27 Cr | 24 Cr | 21 Cr |
| Profit before tax | -66 Cr | -68 Cr | -102 Cr | -99 Cr | -85 Cr | -71 Cr | 0.13 Cr | -47 Cr | -52 Cr | -42 Cr | -43 Cr | -43 Cr |
| Tax % | -2.6% | -1.4% | 1.3% | 1.5% | 1.2% | -2.2% | -7358.7% | -0.7% | -3.7% | -7.0% | -2.2% | -0.9% |
| Net profit | -68 Cr | -69 Cr | -101 Cr | -97 Cr | -84 Cr | -73 Cr | 9 Cr | -48 Cr | -54 Cr | -45 Cr | -44 Cr | -44 Cr |
| EPS (₹) | ₹-0.78 | ₹-0.79 | ₹-1.16 | ₹-1.11 | ₹-0.96 | ₹-0.84 | ₹0.11 | ₹-0.55 | ₹-0.62 | ₹-0.51 | ₹-0.51 | ₹-0.50 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,195 Cr | 1,410 Cr | 1,442 Cr | 1,619 Cr | 1,537 Cr | 1,446 Cr | 1,345 Cr | 1,291 Cr | 1,179 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 992 Cr | 1,102 Cr | 1,119 Cr | 1,278 Cr | 1,295 Cr | 1,260 Cr | 1,226 Cr | 1,262 Cr | 1,195 Cr | Sign in free for the trailing twelve months |
| EBITDA | 203 Cr | 309 Cr | 324 Cr | 341 Cr | 242 Cr | 186 Cr | 119 Cr | 30 Cr | -16 Cr | Sign in free for the trailing twelve months |
| OPM % | 17.0% | 21.9% | 22.4% | 21.0% | 15.8% | 12.9% | 8.9% | 2.3% | -1.4% | Sign in free for the trailing twelve months |
| Other income | 26 Cr | 16 Cr | 32 Cr | 17 Cr | 17 Cr | 15 Cr | 35 Cr | 29 Cr | 33 Cr | Sign in free for the trailing twelve months |
| Interest | 127 Cr | 140 Cr | 171 Cr | 158 Cr | 126 Cr | 120 Cr | 115 Cr | 82 Cr | 96 Cr | Sign in free for the trailing twelve months |
| Depreciation | 241 Cr | 326 Cr | 365 Cr | 346 Cr | 349 Cr | 331 Cr | 344 Cr | 258 Cr | 125 Cr | Sign in free for the trailing twelve months |
| Profit before tax | -160 Cr | -158 Cr | -254 Cr | -195 Cr | -243 Cr | -259 Cr | -314 Cr | -212 Cr | -205 Cr | Sign in free for the trailing twelve months |
| Tax % | -12.0% | -7.4% | -3.9% | 3.4% | 0.8% | -0.8% | -0.4% | 3.2% | -4.0% | Sign in free for the trailing twelve months |
| Net profit | -179 Cr | -170 Cr | -264 Cr | -188 Cr | -241 Cr | -261 Cr | -315 Cr | -205 Cr | -213 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹-2.16 | ₹-1.90 | ₹-3.05 | ₹-2.20 | ₹-2.80 | ₹-3.00 | ₹-3.62 | ₹-2.35 | ₹-2.45 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | — | — | — | — | — | — | Sign in free for the trailing twelve months |
Sign in free for the trailing twelve months
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 87 Cr | 87 Cr | 87 Cr | 87 Cr | 87 Cr | 87 Cr | 87 Cr | 87 Cr | 87 Cr |
| Reserves | 450 Cr | 256 Cr | 111 Cr | 27 Cr | -332 Cr | -584 Cr | -863 Cr | -1,047 Cr | -1,256 Cr |
| Borrowings | 1,058 Cr | 754 Cr | 905 Cr | 562 Cr | 1,016 Cr | 981 Cr | 916 Cr | 771 Cr | 770 Cr |
| Other liabilities | 1,453 Cr | 1,877 Cr | 1,607 Cr | 1,747 Cr | 997 Cr | 1,083 Cr | 1,223 Cr | 1,488 Cr | 1,691 Cr |
| Total liabilities | 3,140 Cr | 3,090 Cr | 2,814 Cr | 2,423 Cr | 1,859 Cr | 1,650 Cr | 1,411 Cr | 1,326 Cr | 1,315 Cr |
| Fixed assets (net) | 1,404 Cr | 1,649 Cr | 1,408 Cr | 1,183 Cr | 971 Cr | 778 Cr | 556 Cr | 385 Cr | 294 Cr |
| CWIP | 411 Cr | 146 Cr | 95 Cr | 58 Cr | 55 Cr | 86 Cr | 61 Cr | 69 Cr | 78 Cr |
| Investments | 5 Cr | 5 Cr | 15 Cr | 20 Cr | 11 Cr | 14 Cr | 71 Cr | 148 Cr | 176 Cr |
| Inventories | 9 Cr | 15 Cr | 2 Cr | 1 Cr | 2 Cr | 2 Cr | 2 Cr | 2 Cr | 3 Cr |
| Trade receivables | 363 Cr | 369 Cr | 396 Cr | 325 Cr | 233 Cr | 255 Cr | 252 Cr | 265 Cr | 255 Cr |
| Cash & bank | 171 Cr | 94 Cr | 72 Cr | 176 Cr | 111 Cr | 56 Cr | 103 Cr | 72 Cr | 80 Cr |
| Other assets | 776 Cr | 813 Cr | 827 Cr | 660 Cr | 476 Cr | 458 Cr | 366 Cr | 386 Cr | 429 Cr |
| Total assets | 3,140 Cr | 3,090 Cr | 2,814 Cr | 2,423 Cr | 1,859 Cr | 1,650 Cr | 1,411 Cr | 1,326 Cr | 1,315 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 137 Cr | 341 Cr | 437 Cr | 504 Cr | 299 Cr | 178 Cr | 181 Cr | 410 Cr | 83 Cr |
| Cash from investing | -624 Cr | -387 Cr | -185 Cr | -42 Cr | -139 Cr | -182 Cr | -64 Cr | -214 Cr | -72 Cr |
| Cash from financing | 290 Cr | -32 Cr | -274 Cr | -358 Cr | -225 Cr | -51 Cr | -76 Cr | -227 Cr | -2 Cr |
| Net cash flow | -197 Cr | -77 Cr | -22 Cr | 104 Cr | -64 Cr | -55 Cr | 41 Cr | -31 Cr | 8 Cr |
| Free cash flow (OCF − Capex) | -482 Cr | -47 Cr | 197 Cr | 387 Cr | 150 Cr | 178 Cr | 139 Cr | 316 Cr | 35 Cr |
Ratios
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|
| ROCE % | -1.9% | -1.5% | -6.9% | -5.5% | — | — | -119.9% | — | — |
| ROE % | -30.0% | -42.2% | -87.9% | -165.7% | — | — | — | — | — |
| Debtor days | 111 | 95 | 100 | 73 | 55 | 64 | 68 | 75 | 79 |
| Inventory days | 1970 | 2996 | 456 | 726 | 399 | 304 | 1 | 1 | 1 |
| Days payable | 86649 | 108395 | 166581 | 397511 | 123459 | 94623 | 195 | 272 | 322 |
| Cash conversion cycle | -84568 | -105304 | -166025 | -396712 | -123004 | -94254 | -126 | -197 | -243 |
| OCF / EBITDA % | 67.5% | 110.7% | 135.1% | 148.0% | 123.6% | 95.5% | 151.9% | n.m. | — |
| OCF / EBITDA % (3 years) | — | — | 109.6% | 131.9% | 136.9% | 127.6% | 120.2% | 229.6% | 508.7% |
| Debt / equity | 1.97 | 2.20 | 4.57 | 66.04 | — | — | — | — | — |
| Current ratio | 0.75 | 0.48 | 0.54 | 0.45 | 0.29 | 0.26 | 0.27 | 0.31 | 0.30 |
| Net debt / EBITDA | 4.37 | — | 2.57 | — | — | — | 6.82 | 23.67 | — |