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): 0.26
• 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 (SITINET) is a leading digital cable television and broadband internet service provider in India, primarily operating in the telecommunications sector. The company offers a variety of services, including digital cable TV, high-speed broadband internet, and value-added services to its customers. With a robust infrastructure and a focus on technology-driven solutions, SITINET caters to both urban and rural markets, aiming to enhance digital connectivity across the country.

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 faces substantial financial challenges, with declining revenue and profitability, negative equity, and high debt levels posing significant risks to its financial health. Despite some positive cash flow periods, the company's financial trajectory suggests potential difficulties in sustaining operations without strategic financial or operational interventions.

Income Statement

Siti Networks Limited has shown a declining revenue trend from 2020 to 2025, with a significant decrease in total revenue over the years. Gross profit margins have also reduced over time, indicating challenges in maintaining profitability. The company struggles with negative EBIT and net income, reflecting ongoing operational and financial difficulties.

Balance Sheet

The company's balance sheet reflects significant financial instability, with negative stockholders' equity indicating financial distress. The debt-to-equity ratio cannot be calculated due to negative equity, and the high total debt level suggests a considerable leverage risk. The equity ratio is also negative, indicating that liabilities exceed assets significantly.

Cash Flow

Cash flow statements show a declining trend in free cash flow, although there are periods of positive free cash flow, indicating some ability to generate cash after capital expenditures. However, the operating cash flow to net income ratio is affected by consistent net losses, making it challenging to rely on operating activities for cash generation.

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 0.51, 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
TVVISION	60 Neutral	₹423.48M	-1.36	―	―	-47.18%	-11.30%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
SGL	48 Neutral	₹350.57M	-350.68	―	―	17.46%	92.00%
PNC	47 Neutral	₹410.72M	-35.90	―	―	-38.18%	-174.01%
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.

Siti Networks Faces Insolvency Proceedings Amid Loan Defaults

Siti Networks Limited has disclosed a default on payment of interest and repayment of principal on loans from banks, as per SEBI regulations. The company is undergoing a Corporate Insolvency Resolution Process (CIRP) following an order by the National Company Law Tribunal (NCLT), with Mr. Rohit Mehra appointed as the Interim Resolution Professional. The insolvency proceedings have been reinstated after an appeal was dismissed, affecting the company’s financial operations and governance.