SITINET

TV Broadcasting & Software Production

₹0.85

0.00 (0.00%)

Market Cap	70 Cr		EPS	-3.2		High	0.85
Stock P/E	0.0		Net Profit Margin	-29.9		Low	0.75

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Performance

Today’s Low

Today’s High

0.75

0.85

52W Low

52W High

0.7

2.65

Open Price	0.8	Volume	2,450
Prev. Close	0.8

Fundamentals

Market Cap	70 Cr	ROE	0.0%
P/E Ratio(TTM)	0.0	EPS(TTM)	0.0
P/B Ratio	-0.1	Dividend Yield	0.0%
Industry P/E	15.1	Book Value	-9.4
		Face Value	1.0

About the Company

Siti Networks , earlier known as SITI Cable Network earlier and previously 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. The Company changed the name of the Company to Siti Networks 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.

Major events

2015
• Siti Cable Network has changed Corporate office address from ''FC 9, Sector 16 A, Film City, Noida - 201301, U.P.'' to ''GYS Global, Tower A, 4th Floor, Sector - 125, Noida - 201301'.
2016
• SITI Cable enters into JV with Dish TV -The Company has been changed from '135, Continental Building, Dr. Annie Besant Road, Worli, Mumbai - 400 018' to '4th Floor, Madhu Industrial Estate, Pandurang Budhkar Marg, Worli, Mumbai - 400013'.
• The Company has changed the name of the Company to Siti Networks Limited vide fresh Certificate of Incorporation dated August 05, 2016.