Siti Networks Ltd - Stock Valuation and Financial Performance

BSE: 532795 | NSE: SITINET | TV Broadcasting & Software Production | Small Cap

Siti Networks Share Price

0.85 -0.01 -1.16%
as on 20-Dec'24 16:59

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Siti Networks stock performance -

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P/E Ratio (SA):
0.00
Market Cap:
74.1 Cr.
52-wk low:
0.6
52-wk high:
1.1

Is Siti Networks Ltd an attractive stock to invest in?

1. Is Siti Networks Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Siti Networks Ltd is a below average quality company.

2. Is Siti Networks Ltd undervalued or overvalued?

The key valuation ratios of Siti Networks Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

3. Is Siti Networks Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Siti Networks Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Siti Networks:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Siti Networks Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 0.1%5.5%-3.8%-4.7%-15.6%-5.2%-17.9%-38.2%-198.1%0%-
Value Creation
Index
-1.0-0.6-1.3-1.3-2.1NANANANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 599856774838821819730614531433433
Sales YoY Gr.-42.8%-9.6%8.3%-2%-0.3%-10.8%-15.9%-13.6%-18.4%-
Adj EPS -1.7-0.7-2-2.3-2.8-1.9-2.3-2.7-3.2-2.2-1.7
YoY Gr.-NANANANANANANANANA-
BVPS (₹) 2.56.963.60.2-2-4.6-7.5-10.9-12.6-12.6
Adj Net
Profit
-117-51.7-171-198-241-167-204-238-274-194-151
Cash Flow from Ops. 171183-10917839525517757.7106165-
Debt/CF from Ops. 7.95.7-11.17.233.85.115.88.34.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -3.5%-12%-16%-18.4%
Adj EPS NANANANA
BVPS-219.6%-326.8%NANA
Share Price -30.2% -15.3% -36.8% -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
-90.9-14.2-31.7-46.9-141.1229.472.645.634.31913.7
Op. Profit
Mgn %
10.618.79.712.519.920.716.29.72.2-6-6
Net Profit
Mgn %
-19.5-6-22.1-23.7-29.3-20.4-28-38.7-51.7-44.8-34.8
Debt to
Equity
7.91.92.4466.7-5.6-2.3-1.4-0.9-0.7-
Working Cap
Days
449294371380326235179173163165114
Cash Conv.
Cycle
76337980-7-109-124-138-166-291-676

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 13.70%

Sales growth has been subdued in last 3 years -15.98%

Sales growth is not so good in last 4 quarters at -18.47%

Latest Financials - Siti Networks Ltd.

Standalone Consolidated
TTM EPS (₹) -1.7 -2.1
TTM Sales (₹ Cr.) 433 1,291
BVPS (₹.) -12.6 -11
Reserves (₹ Cr.) -1,186 -1,047
P/BV -0.07 -0.08
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 0.61 / 1.14
All Time Low / High (₹) 0.50 / 139.90
Market Cap (₹ Cr.) 74.1
Equity (₹ Cr.) 87.2
Face Value (₹) 1
Industry PE 17

Management X-Ray of Siti Networks:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Siti Networks

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales599.16855.81773.68837.81821.28818.94730.48614.43531.15433.22
Operating Expenses 536.95696.61698.92739.12657.94653.73614.45555.81519.74459.40
Manufacturing Costs379.77409.13435.94459.90427.78454.14443.22402.50390.30358.58
Material Costs29.48137.9481.0139.1519.251.612.021.571.010.25
Employee Cost 36.5146.8761.8064.4653.8844.7238.5334.2126.0822.77
Other Costs 91.19102.68120.17175.61157.03153.27130.69117.53102.3677.80
Operating Profit 62.21159.2074.7698.68163.34165.21116.0358.6211.41-26.18
Operating Profit Margin (%) 10.4%18.6%9.7%11.8%19.9%20.2%15.9%9.5%2.1%-6.0%
Other Income 14.1620.7816.2810.7821.366.522.883.4219.6614.26
Interest 119.79137.58121.01127.35153.73131.82110.31108.58106.3074.23
Depreciation 74.3494.35134.52183.02209.30196.50205.40184.99189.03126.86
Exceptional Items 00-20.24-4.68-194.09-28-29.69-23.80-34.6262.47
Profit Before Tax -117.76-51.96-184.74-205.58-372.43-184.60-226.48-255.32-298.88-150.54
Tax 000.26004.780000
Profit After Tax -117.76-51.96-185-205.58-372.43-189.37-226.48-255.32-298.88-150.54
PAT Margin (%) -19.7%-6.1%-23.9%-24.5%-45.3%-23.1%-31.0%-41.6%-56.3%-34.7%
Adjusted EPS (₹)-1.7-0.7-2.1-2.4-4.3-2.2-2.6-2.9-3.4-1.7
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 176.53547.65519.88315.2018.01-172.08-399.06-654.29-948.75-1,099
Share Capital 67.8379.4887.2787.2787.2787.2787.2787.2787.2787.27
Reserves 108.71468.17432.62227.93-69.26-259.35-486.33-741.55-1,036.02-1,186.26
Minority Interest0000000000
Debt936.66714.19924.58650.45685.01377.14273.78210.47136.21112.95
Long Term Debt902.25714.19920.19501.20531.53248.73148.9185.5211.2511.25
Short Term Debt34.4104.39149.25153.48128.41124.87124.94124.95101.69
Trade Payables219.80216.46269.86356.62439.79484.22450.82499.26507.06715.75
Others Liabilities 626.76916.53789.66974.91756.25828.41895.071,017.811,130.781,032.53
Total Liabilities 1,959.742,394.832,503.982,297.171,899.061,517.691,220.621,073.25825.30762.22

Fixed Assets

Gross Block829.631,152.801,476.071,762.831,722.491,758.441,796.381,816.231,821.121,615.18
Accumulated Depreciation367.61461.91596.44769.98872.081,045.311,242.651,417.771,590.511,503.91
Net Fixed Assets462.02690.89879.63992.84850.41713.13553.73398.46230.61111.27
CWIP 130.79368.94221.4889.1644.3428.8415.6926.9522.3420.09
Investments 248.88391.25389.78352.07352.07351.96351.96350.28315.66308.44
Inventories10.336.957.941.480.710.460.580.640.670.92
Trade Receivables351.19313.91520.03518.16290.29207.33195.34202.21129.57151.85
Cash Equivalents 394282.30100.2531.1215.424.623.759.7370.83117.13
Others Assets362.53340.58384.86312.34345.82211.3599.5784.9855.6252.52
Total Assets 1,959.742,394.832,503.982,297.171,899.061,517.691,220.621,073.25825.30762.22

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 170.97183.32-109.46177.62395.34254.55177.0957.74106.43164.83
PBT -117.76-51.96-184.74-205.58-372.43-184.60-226.48-255.32-298.88-150.54
Adjustment 172.48225.54273.29350.81557.01374.20348.45325.71324.89140.74
Changes in Working Capital 114.2530.52-197.6127.55209.8776.9319.52-25.1556.4153.14
Tax Paid 1.99-20.79-0.404.830.88-11.9835.6012.4924.0321.49
Cash Flow From Investing Activity -318.15-413.22-302.14-196.86-86.8838.10-67.23-46.97-45.35-37.16
Capex -129.62-270.55-293.38-265.22-119.8215.38-67.99-46.97-17.43-2.16
Net Investments -225.03-154.24-12.8057.8329.4022.490.010.01-32.04-38.87
Others 36.5011.574.0310.533.550.240.7504.113.87
Cash Flow From Financing Activity 215.52118.19229.55-49.89-328.16-301.54-108.65-4.79-37.97-123.42
Net Proceeds from Shares 218.94350150.420000000
Net Proceeds from Borrowing 111.38-261.16169.83-97.25-205.92-199.93-55.640-74.270
Interest Paid -101.83-116.24-95.08-97.51-126.47-76.54-49.04-11.01-9.32-0.10
Dividend Paid 0000000000
Others -12.98145.594.39144.864.23-25.07-3.976.2345.63-123.32
Net Cash Flow 68.34-111.70-182.05-69.13-19.70-8.891.225.9923.114.25
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)-404.18-14.46-34.66-49.24-223.62N/AN/AN/AN/AN/A
ROCE (%)0.145.5-3.81-4.69-15.55N/AN/AN/AN/AN/A
Asset Turnover Ratio0.340.390.320.350.390.480.530.540.560.55
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days198142197226180111101118114119
Inventory Days5442000001
Payable Days2,3285771,0962,9207,55200000

Siti Networks Ltd Stock News

Siti Networks Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Siti Networks on 20-Dec-2024 16:59 is ₹0.85.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Dec-2024 16:59 the market cap of Siti Networks stood at ₹74.12.
The latest P/E ratio of Siti Networks as of 20-Dec-2024 16:59 is 0.00.
The latest P/B ratio of Siti Networks as of 20-Dec-2024 16:59 is -0.07.
The 52-week high of Siti Networks is ₹1.14 and the 52-week low is ₹0.61.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Siti Networks is ₹433.2 ( Cr.) .

About Siti Networks Ltd

SITI Cable Network earlier known as Wire & Wireless (India) (WWIL), was incorporated in 2006, is engaged in the business of distribution of television channels through analogue and digital cable distribution network, primary Internet and allied services. The company is part of Essel Group headed by Subhash Chandra. WWIL has emerged as India’s leading cable television distribution company.Wire and Wireless (India) was first company in Asia to launch advanced satellite distribution platform Headend-in-the-Sky (HITS) Technology.in 2012 WWIL was renamed as SITI Cable Network Limited.

Wire and Wireless (India) was formed as a part of the de-merger of Zee Entertainment Enterprises (ZEEL, earlier known as Zee Telefilms) where the all the cable TV distribution business between ZEEL and Siticable Networks was transferred to WWIL. Previously, Siticable was a wholly-owned subsidiary of Zee Telefilms.

Right from it inception, the company is engaged in business of providing content through analog cable system from the broadcaster to the Local Cable Operators (LCOs). The company installed CAS (Conditional Access System) networks in Delhi, Kolkata and Mumbai. WWIL also offers content through digital cable system, internet and allied services.

SITI Cable Network Limited is one of India's leading Multi System Operator (MSO). With 56 analog and 14 digital head ends and a network of more than 12000 Kms of optical fibre and coaxial cable, it provides its cable services in India's 60 key cities and the adjoining areas, reaching out to over 10 million viewers.  The company offers services such as Digital Cable Television, Analog Cable, HITS Satellite Television, Broadband and Local Television Channels. It also provides value-added features like Video on Demand, Pay per View, Electronic programming Guide (EPG), gaming through a Set Top Box (STB). it provides all these services under the brand name SITI.

Essel Group (Parent Company)

Essel Group was established in 1976 with commencement of Rama Associates -- a commodity trading and export firm. Today the company has presence in various industries such as media, packaging, entertainment, technology-enabled services, infrastructure development and education. The company has employee strength of 8,000 people. Besides Wire & Wireless (India), the group has business interest in Intrex India, Essel Propack, ETC Networks, DNA, Zee News, Dish TV, Procall, Cornershop, Pan India Network Infravest, Zee Entertainment Enterprise, Digital Media Convergence, E-City Property Management, Suncity Projects, Essel Sports, Zee Interactive Learning Systems and Asian Sky Shop.

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