Cable TV
DEN Networks ties up with Visiware, launches premium gaming service
MUMBAI: DEN Networks, one of the largest cable TV service providers in India, has launched Playin’TV, a premium interactive gaming service that will usher in rich gaming experience for its subscribers.
The company has partnered with France-based Visiware International, the world leader in interactive games for television to offer these services. This is Visiware International’s first association with a CATV company in India.
– Partners with France-based Visiware International to launch Playin’TV
– Offers Playin’TV to subscribers for free until 31 May
Type of Games on Playin’TV
– Arcade / Adventure – Carrot Mania or Zombie Market
– Brain teasers – Incan-Tatris or Match 3 type of games;
– Board and Cards – Solitaire Club
– Sports – Bowling or Cricket and much moreThe company has partnered with France-based Visiware International, the world leader in interactive games for television to offer these services. This is Visiware International’s first association with a CATV company in India.
Commenting on the launch of Playin’TV, DEN Networks CEO S.N. Sharma said, “We are excited to partner with Visiware International and launch Playin’ TV on our cable TV and broadband networks. Playin’ TV is an internationally-renowned interactive gaming channel and we always strive to provide world class entertainment to our customers.
He further added, “The launch coincides with the arrival of Indian summers, a time when most people prefer indoor entertainment. Playin’ TV’s comprehensive suite of games ranging from board and card games to adventure and sports will provide the ideal indoor recreation to DEN subscribers across all ages. With DEN Networks’ 13 million plus subscriber base spread across 400+ cities, Visiware International is set to gain a massive entry into the Indian market while our subscribers will enjoy premium games of international repute.”
The company is offering these games to its cable TV subscribers for free until 31st May. Post that, it will provide membership subscription at a promotional price of Rs 35 per month till September 2017. The launch of Playin’TV on DEN Boomband, the company’s broadband service is to follow soon.
Exclusive to DEN Cable subscribers, Playin’TV is accessible 24/7 on Channel No. 444. Subscribers need no other accessories other than their set top box and remote control to start playing on the TV. Some of the popular genres of games that will be available to Playin’TV subscribers include Adventure, Board & Cards, Brain Teasers, and Sports. DEN will offer 6 games at the launch in May, with 1 new game added every month until September 2017. Post that, the games will be refreshed each month with favorite games staying on air for longer duration.
Visiware International COO Frederic Fellague said, “Visiware International being one of the pioneers and market leader is proud to partner with one of India’s largest cable distribution companies. We believe that gaming is one of the key to increase ARPU on cable. Partnering with DEN Networks will allow us to demonstrate in the future our capability to develop new forms of gaming interactions with the evolution of the set top box market.”
MUMBAI: When margins wobble, liquidity talks and in Q3 FY25-26, cash did most of the talking. Den Networks Limited closed the December quarter with consolidated revenue of Rs.251 crore, marginally higher than the previous quarter but down 4 per cent year-on-year, even as profitability stayed resilient on the back of strong cash reserves and disciplined cost control.
Subscription income softened to Rs.98 crore, slipping 3 per cent sequentially and 14 per cent from last year, while placement and marketing income offered some cheer, rising 15 per cent quarter-on-quarter to Rs.148 crore. Total costs climbed faster than revenue, up 7 per cent QoQ to Rs.238 crore, driven largely by higher content costs and operating expenses. As a result, EBITDA dropped sharply to Rs.13 crore from Rs.19 crore in Q2 and Rs.28 crore a year ago, pulling margins down to 5 per cent.
Yet, the bottom line refused to blink. Profit after tax stood at Rs.40 crore, up 15 per cent sequentially and only marginally lower than last year’s Rs.42 crore. A healthy Rs.57 crore in other income helped cushion operating pressure, keeping profit before tax at Rs.48 crore, broadly stable quarter-on-quarter despite the tougher cost environment.
The real headline-grabber, however, sits on the balance sheet. The company remains debt-free, with cash and cash equivalents swelling to Rs.3,279 crore as of December 31, 2025. Net worth rose to Rs.3,748 crore, while online collections accounted for 97 per cent of total receipts, underscoring strong cash discipline across operations, including subsidiaries.
In short, while Q3 showed signs of operating strain, the financial backbone remains solid. With zero gross debt, steady profits and a formidable cash war chest, the company enters the next quarter with flexibility firmly on its side proving that in uncertain markets, balance sheet strength can be the best growth strategy.
