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    DEN Networks Limited

    India's largest online dental-commerce and technology platform selling consumables, equipment and instruments to dentists, with an in-house dental lab (Smileworks) and digital case-management tools.

    Healthcare
    Healthcare
    View DENTALKART earnings calls

    Overview

    Price

    Market Cap

    ₹738 Cr

    Sector

    Healthcare

    Healthcare

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital0001316171717
    Reserves006352116154157
    Borrowings12310000
    Other Liabilities44101117171921
    Total Liabilities57192886150190196
    AssetsFixed Assets00122152223
    CWIP00001500
    Investments000012445245
    Other Assets4618267086116128
    Total Assets57192886150190196

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating1002-11-5-27
    Cash from Investing0-10-1-22-42-4
    Cash from Financing0110364730
    SummaryCapital Expenditure
    Free Cash Flow0-100-14-23-31
    FCF Margin

    Valuation

    Assumptions

    Current — DENTALKART
    Price
    ₹377
    EPS (TTM)
    ₹5.42
    PE (TTM)
    69.6
    Profit growth
    -21.6%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (62.1×) and current (69.6×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹377
    vs
    Fair value · 15% return
    ₹37
    90%Overvalued

    At -21.6% growth and a 62× exit, ₹377 only delivers your return if you pay ₹37. The price is currently baking in 20% growth.

    EPS grows -21.6%/yr for 5 years, then fades to 6% over 2, exits at 62×.

    YearGrowthEPS (₹)
    FY27-21.6%4.25
    FY28-21.6%3.33
    FY29-21.6%2.61
    FY30-21.6%2.05
    FY31-21.6%1.61
    FY32-7.8% ·fade1.48
    FY336.0% ·fade1.57

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse DEN Networks Limited

    Guides on how to read this kind of business and the numbers that matter.