Siti Networks Limited (SITINET) AI Stock Analysis

• Market Cap: ₹427.31M
• Dividend Yield: N/A
• Average Volume (3M): 42.48K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.27
• Revenue Growth: -6.97%
• EPS Growth: -25.25%
• Country: IN
• Employees: 189
• Sector: Services
• Sector Strength: N/A
• Industry: Entertainment
• EPS (TTM): -0.52
• Shares Outstanding: 872,053,040
• 10 Day Avg. Volume: 42,805
• 30 Day Avg. Volume: 42,481
• PEG Ratio: -0.05
• Price to Book (P/B): -0.04
• Price to Sales (P/S): 0.03
• P/FCF Ratio: 1.18
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 39 Underperform
• Price Target: ₹0.46 ▼(-5.51% Downside)

Siti Networks Limited's overall stock score is primarily driven by its poor financial performance, which is the most significant factor. The company's financial instability, characterized by declining revenues, persistent losses, and high leverage, poses substantial risks. Technical analysis indicates a lack of strong momentum, and valuation metrics highlight unattractiveness due to negative earnings. These factors collectively result in a low overall stock score.

Positive Factors

Robust Infrastructure

The company's robust infrastructure supports its service offerings, enabling it to cater to both urban and rural markets, enhancing digital connectivity across India.

Diverse Revenue Streams

Diversified revenue streams from subscriptions, advertising, and premium content reduce dependency on a single source, potentially stabilizing income.

Market Reach

By targeting both urban and rural areas, Siti Networks can tap into a broader customer base, potentially increasing its market share and revenue.

Negative Factors

Insolvency Proceedings

Insolvency proceedings indicate severe financial distress, impacting the company's operations, governance, and long-term viability.

Declining Revenue

Continued revenue decline reflects challenges in maintaining market competitiveness and could hinder future growth and profitability.

High Leverage

High leverage increases financial risk, limits flexibility, and may lead to difficulties in meeting financial obligations.

Siti Networks Limited Business Overview & Revenue Model

Company Description

SITI Networks Limited, a multi-system operator, provides cable television network, Internet, and allied services in India. Its products include digital cable television, and broadband and local television channels. The company also offers cable services and broadband Internet services. It markets its products under the SITI brand. SITI Networks Limited serves approximately 30 million customers through 10 digital head ends, as well as a network of approximately 31,000 kilometers of intra-city optical fiber and coaxial cable in approximately 800 locations. The company was formerly known as SITI Cable Network Limited and changed its name to SITI Networks Limited in August 2016. SITI Networks Limited was founded in 1994 and is based in Noida, India.

How the Company Makes Money

Siti Networks generates revenue primarily through subscription fees from its cable television and broadband internet services. Customers pay monthly or annual fees for access to various tiers of digital TV packages and internet plans. In addition to subscription revenue, SITINET earns money through advertising partnerships and by offering premium content and value-added services, such as video-on-demand and interactive TV features. The company also collaborates with content providers and technology partners to enhance its service offerings, which can lead to additional revenue streams from content licensing and co-branded services.

Siti Networks Limited Financial Statement Overview

Summary

Siti Networks Limited is facing significant financial challenges across all major financial statements. The income statement shows declining revenues and persistent losses, while the balance sheet highlights high leverage and negative equity. Cash flow analysis reveals some positive cash generation but with significant volatility. Overall, the company is in a precarious financial position, with high risks and instability across its financial statements.

Income Statement

Siti Networks Limited has experienced a significant decline in revenue over the past few years, with a negative revenue growth rate in recent periods. The company is struggling with negative net profit margins, indicating consistent losses. Gross profit margins have also decreased, reflecting challenges in maintaining profitability. The EBIT and EBITDA margins are negative, highlighting operational inefficiencies. Overall, the income statement reflects a company facing financial difficulties with declining revenues and persistent losses.

Balance Sheet

The balance sheet of Siti Networks Limited reveals a precarious financial position. The company has negative stockholders' equity, indicating more liabilities than assets, which is a significant risk factor. The debt-to-equity ratio is negative, further emphasizing the high leverage and financial instability. Return on equity is positive but misleading due to negative equity. Overall, the balance sheet suggests a company with high financial risk and instability.

Cash Flow

Cash flow analysis shows some positive aspects, such as a positive operating cash flow. However, free cash flow has been inconsistent, with significant fluctuations in growth rates. The operating cash flow to net income ratio is low, indicating challenges in converting income into cash. Despite some positive cash flow metrics, the overall cash flow situation is unstable, reflecting the company's broader financial challenges.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	11.79B	11.79B	12.91B	13.45B	14.46B	15.37B
Gross Profit	4.20B	4.20B	5.05B	5.97B	1.06B	7.21B
EBITDA	167.43M	165.25M	1.27B	1.45B	1.91B	2.29B
Net Income	-2.09B	-2.09B	-1.84B	-2.80B	-2.52B	-2.40B
Balance Sheet
Total Assets	13.15B	13.15B	13.26B	14.11B	16.55B	18.59B
Cash, Cash Equivalents and Short-Term Investments	3.17B	3.17B	2.81B	1.83B	1.04B	1.15B
Total Debt	7.72B	7.72B	7.73B	9.19B	9.83B	10.18B
Total Liabilities	24.61B	24.61B	22.59B	21.39B	20.70B	20.13B
Stockholders Equity	-11.69B	-11.69B	-9.59B	-7.76B	-4.97B	-2.45B
Cash Flow
Free Cash Flow	0.00	348.22M	2.35B	1.39B	276.25M	1.50B
Operating Cash Flow	0.00	825.38M	2.81B	1.81B	1.84B	2.99B
Investing Cash Flow	0.00	-715.57M	-1.63B	-640.15M	-1.82B	-1.39B
Financing Cash Flow	0.00	-24.97M	-1.49B	-759.48M	-514.67M	-2.25B

Siti Networks Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.49
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SITINET, the sentiment is Negative. The current price of 0.49 is below the 20-day moving average (MA) of 0.49, above the 50-day MA of 0.49, and below the 200-day MA of 0.50, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 41.94 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:SITINET.

Siti Networks Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
SGL	48 Neutral	₹297.31M	-293.50	―	―	17.46%	92.00%
PNC	47 Neutral	₹339.25M	-30.39	―	―	-38.18%	-174.01%
TVVISION	44 Neutral	₹259.59M	-0.81	―	―	-47.18%	-11.30%
SITINET	39 Underperform	₹427.31M	-0.21	―	―	-6.97%	-25.25%

Siti Networks Limited Corporate Events

Siti Networks Faces Hurdles in AGM Extension Amid CIRP Status

Siti Networks Limited is currently facing challenges in obtaining an extension for holding its Annual General Meeting (AGM) for the financial year 2024-25 due to its status under the Corporate Insolvency Resolution Process (CIRP). The company has made multiple attempts to file for an extension through the Ministry of Corporate Affairs (MCA) portal, but technical and regulatory hurdles have prevented successful filing. Despite clarifying its position and responsibilities under the Insolvency and Bankruptcy Code, the Registrar of Companies (ROC) has rejected the extension requests, citing the lack of explicit provisions for such a scenario under the current regulations. This situation highlights the complexities faced by companies under CIRP in complying with statutory requirements.