---
title: "ETC Networks Ltd(merged) (ETCNET) — Share Price, Financials & Analysis"
symbol: "ETCNET"
company: "ETC Networks Ltd(merged)"
canonical: "https://tapetide.com/stocks/ETCNET"
generated_at: "2026-10-13T10:57:23.343Z"
---

# ETC Networks Ltd(merged) (ETCNET)

Canonical page: https://tapetide.com/stocks/ETCNET

## Company

- **Stock Type:** DELISTED
- **Listed Since:** 2005-02-27
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** entertainmenttv.com

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Company has high debtors of 252 days.

## Growth Rates

| Metric | 1Y |
| --- | --- |
| net income growth | -14% |
| revenue growth | 10% |

## Financial Statements

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 |
| --- | --- | --- |
| Sales | 44.1 | 48.3 |
| Expenses | 30.56 | 37.66 |
| Operating Profit | 13.54 | 10.64 |
| OPM % | 30.7 | 22.03 |
| Other Income | 1.03 | 1.51 |
| Interest | 0.08 | 0.08 |
| Depreciation | 3.47 | 2.85 |
| Profit before tax | 11.02 | 9.22 |
| Tax % | 35.75 | 34.49 |
| Net Profit | 7.08 | 6.04 |
| EPS in Rs | — | 4.31 |
| Dividend Payout % | 21.13 | 23.18 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 |
| --- | --- | --- |
| Equity Capital | 14.96 | 14 |
| Reserves | 52.99 | 53.42 |
| Borrowings | 0.42 | 0.61 |
| Other Liabilities | 12.96 | 16.87 |
| Total Liabilities | 81.33 | 84.9 |
| Fixed Assets | 20.05 | 20.97 |
| CWIP | 0.23 | 0.63 |
| Investments | 24.12 | 12.21 |
| Other Assets | 36.93 | 51.09 |
| Total Assets | 81.33 | 84.9 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 |
| --- | --- | --- |
| Cash from Operating Activity | 9.39 | 6.92 |
| Cash from Investing Activity | -13.78 | -1.97 |
| Cash from Financing Activity | -3.36 | -6.37 |
| Net Cash Flow | -7.75 | -1.42 |
| Free Cash Flow | 8.47 | 2.83 |
| CFO/OP | 104 | 105 |

### Ratios

| Item | Mar 2006 | Mar 2007 |
| --- | --- | --- |
| Debtor Days | 231.83 | 252.33 |
| Cash Conversion Cycle | 231.83 | 252.33 |
| Working Capital Days | 181.34 | 247.87 |
| ROCE % | — | 13.89 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 5 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 47.13 | Sell |
| EMA (10) | 47.31 | Sell |
| SMA (20) | 49.56 | Sell |
| EMA (20) | 48.36 | Sell |
| SMA (50) | 50.38 | Sell |
| EMA (50) | 50.14 | Sell |
| SMA (100) | 52.55 | Sell |
| EMA (100) | 52.39 | Sell |
| SMA (200) | 57.24 | Sell |
| EMA (200) | 55.6 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 41.38 | Neutral |
| MACD (12,26,9) | -1.22 | Sell |
| Stochastic (14,3,3) | 12.04 | Buy |
| ADX (14) | 15.73 | Neutral |
| Williams %R (14) | -83.08 | Buy |
| ATR (14) | 2.65 | High Volatility |
| ROC (12) | -8.23 | Sell |
| Stoch RSI (14) | 43.21 | Neutral |
| UO (7,14,28) | 30.54 | Neutral |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T10:57:23.343Z.