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Tag: Bajirao Mastani

  • Videocon d2h IIFA Weekend to air on Colors on 10 July

    Videocon d2h IIFA Weekend to air on Colors on 10 July

    MUMBAI: The most awaited Bollywood extravaganza, Videocon d2h IIFA Weekend is all set to woo the viewers with its official television telecast. The evening of glitz and glamour brought together by Videocon and IIFA has raised the heat for its viewers with some mind blowing and scintillating performances. Hosts Shahid Kapoor and multi-talented Farhan Akhtar took the audience on a laughter riot with their everlasting wit and humor. From the glamorous stars that graced the green carpet to the crazy fans following for selfies, it truly was an affair to remember.

    In its 8-year long-standing relationship, Videocon and IIFA have been growing from strength to strength, delivering nothing but excellence. Right from their inception, both have striven to deliver the best to a larger spectrum of audience. Both believe in constant innovation, adding variety and evolving in the field of entertainment.

    Speaking on the occasion Videocon director Anirudh Dhoot, Director said, “It is an honor for us to present the IIFA Weekend for the 8th consecutive year. Videocon and IIFA share a bond that strengthens with each passing year. We look forward to adding many more years of togetherness and constant innovation, bringing in variety and evolving in the field of entertainment.”

    This year at IIFA Weekend, Videocon showcased its commitment to deliver the best of technologies. Familiarizing the audience to its latest offering, heartthrob Fawad Khan and Karan Johar introduced the audience to Videocon Aryabot. The first Satellite AC, Aryabot runs on a platform that enables the device to align itself to one’s usage patterns and preferences, surveillances home and office premises, talks out the commands to the AC, and keeps check on power consumption on its own, besides various other intelligent features like auto-trouble shooting and auto call logging to the nearest service center.

    Watch the action on Colors on 10 July, 18:00 hrs onwards.

    List of the IIFA Award Winners

    • Best Story- Juhi Chaturvedi from Piku
    • Best Performance in a Leading role (Male) Award – Ranveer Singh from Bajirao Mastani
    • Best Performance in a Leading Role (Female) Award – Deepika Padukone from Piku
    • Best Direction- Sanjay Leela Bhansali from Bajirao Mastani
    • Best Picture- Bajrangi Bhaijaan, Producers – Salman Khan, Rockline Venkatesh
    • Debut Male- Vicky Kaushal for Masaan
    • Debut Female- Bhoomi Pednekar for Dum Laga Ke Haisha
    • Best Lyric Writer: – Varun Grover for Dum laga Ke Haisha in the film Moh Moh Ke Dhaage
    • Best Female Playback Singer Award is Monali Thakur for Dum Laga Ke Haisha for the film Moh Moh Ke Dhaage
    • Best Male Playback Singer Award: is Papon for Moh Moh Ke Dhaage in the film Moh Moh Ke Dhaage
    • Best Music Direction- ‘Roy’ Meet Bros, Anjjan, Ankit Tiwari, Amaal Mallik
    • Best Cinematography: Sudeep Chatterjee for Bajirao Mastani
    • Best Screenplay: Kabir Khan, Parveez Shaikh, V. Vijayendra Prasad for Bajrangi Bhaijaan
    • Best Editing: A Sreekar Prasad for Talvar
    • Best Performance in a Comic Role Award: – Male Deepak Dobriyal from Tanu Weds Manu Returns
    • Best Performance in Negative role Award – Darshan Kumar for NH 10
    • IIFA Jodi of the Year- Athiya Shetty & Sooraj Pancholi
    • Best Performance in a Supporting role (Male) Award – Anil Kapoor from Dil Dhadakne Do
    • Best Performance in a Supporting role (Female) Award: – Priyanka Chopra from Bajirao Mastani
    • IIFA Woman of the Year- Priyanka Chopra

  • Videocon d2h IIFA Weekend to air on Colors on 10 July

    Videocon d2h IIFA Weekend to air on Colors on 10 July

    MUMBAI: The most awaited Bollywood extravaganza, Videocon d2h IIFA Weekend is all set to woo the viewers with its official television telecast. The evening of glitz and glamour brought together by Videocon and IIFA has raised the heat for its viewers with some mind blowing and scintillating performances. Hosts Shahid Kapoor and multi-talented Farhan Akhtar took the audience on a laughter riot with their everlasting wit and humor. From the glamorous stars that graced the green carpet to the crazy fans following for selfies, it truly was an affair to remember.

    In its 8-year long-standing relationship, Videocon and IIFA have been growing from strength to strength, delivering nothing but excellence. Right from their inception, both have striven to deliver the best to a larger spectrum of audience. Both believe in constant innovation, adding variety and evolving in the field of entertainment.

    Speaking on the occasion Videocon director Anirudh Dhoot, Director said, “It is an honor for us to present the IIFA Weekend for the 8th consecutive year. Videocon and IIFA share a bond that strengthens with each passing year. We look forward to adding many more years of togetherness and constant innovation, bringing in variety and evolving in the field of entertainment.”

    This year at IIFA Weekend, Videocon showcased its commitment to deliver the best of technologies. Familiarizing the audience to its latest offering, heartthrob Fawad Khan and Karan Johar introduced the audience to Videocon Aryabot. The first Satellite AC, Aryabot runs on a platform that enables the device to align itself to one’s usage patterns and preferences, surveillances home and office premises, talks out the commands to the AC, and keeps check on power consumption on its own, besides various other intelligent features like auto-trouble shooting and auto call logging to the nearest service center.

    Watch the action on Colors on 10 July, 18:00 hrs onwards.

    List of the IIFA Award Winners

    • Best Story- Juhi Chaturvedi from Piku
    • Best Performance in a Leading role (Male) Award – Ranveer Singh from Bajirao Mastani
    • Best Performance in a Leading Role (Female) Award – Deepika Padukone from Piku
    • Best Direction- Sanjay Leela Bhansali from Bajirao Mastani
    • Best Picture- Bajrangi Bhaijaan, Producers – Salman Khan, Rockline Venkatesh
    • Debut Male- Vicky Kaushal for Masaan
    • Debut Female- Bhoomi Pednekar for Dum Laga Ke Haisha
    • Best Lyric Writer: – Varun Grover for Dum laga Ke Haisha in the film Moh Moh Ke Dhaage
    • Best Female Playback Singer Award is Monali Thakur for Dum Laga Ke Haisha for the film Moh Moh Ke Dhaage
    • Best Male Playback Singer Award: is Papon for Moh Moh Ke Dhaage in the film Moh Moh Ke Dhaage
    • Best Music Direction- ‘Roy’ Meet Bros, Anjjan, Ankit Tiwari, Amaal Mallik
    • Best Cinematography: Sudeep Chatterjee for Bajirao Mastani
    • Best Screenplay: Kabir Khan, Parveez Shaikh, V. Vijayendra Prasad for Bajrangi Bhaijaan
    • Best Editing: A Sreekar Prasad for Talvar
    • Best Performance in a Comic Role Award: – Male Deepak Dobriyal from Tanu Weds Manu Returns
    • Best Performance in Negative role Award – Darshan Kumar for NH 10
    • IIFA Jodi of the Year- Athiya Shetty & Sooraj Pancholi
    • Best Performance in a Supporting role (Male) Award – Anil Kapoor from Dil Dhadakne Do
    • Best Performance in a Supporting role (Female) Award: – Priyanka Chopra from Bajirao Mastani
    • IIFA Woman of the Year- Priyanka Chopra

  • FY-16: Eros International Media revenue up

    FY-16: Eros International Media revenue up

    BENGALURU: The Sunil Lulla led Eros International Media Limited (Eros) reported 11.4 percent increase in total revenue including other income (TR) for the fiscal ended 31 March 2016 (FY-16, current year, current fiscal) as compared to the previous year. Eros reported TR of Rs 1,603.45 crore in FY-16 as compared to Rs 1,441.03 crore in FY-15.

    The company’s Total Income from Operations (TIO) in the current year increased 11.3 percent to Rs 1,582.58 crore in the previous fiscal. Profit after Tax (PAT) after minority interest in the current year declined 13.5 percent to Rs 214.15 crore (13.4 percent PAT margin of TR) as compared to Rs 247.06 crore (17.1 PAT margin of TR) in the previous year.

    Eros says that revenue for FY-16 saw a significant growth on account of global releases of Bajrangi Bhaijaan, Bajirao Mastani, TanuWeds Manu Returns, Welcome Back, Srimanthudu amongst others across theatrical, overseas and satellite revenues, and overseas releases of Dil Dhadakne Do, Singh is Bling and Gabbar is Back reinforcing the portfolio and film mix strategy

    Note: The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:
    (a) 100,00,000 = 100 lakh = 10,000,000 = 10 million = 1 crore.
    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.

    Earnings before Interest and Tax in FY-16 declined 6.6 percent to Rs 337.36 crore from Rs 361.19 crore in the previous year.

    The breakup of revenues in FY-16 was: Television and others 30 percent; Theatrical 43.8 percent; Overseas 26.1 percent. The comparative breakup of revenues in FY-15 was: Television and others 31.3 percent; Theatrical 38 percent; Overseas 30.7 percent.

    Total Expenditure in the current year increased 17.2 percent to Rs 1,266.09 crore (80 percent of TIO) from Rs 1,079.84 (76 percent of TIO) in FY-15.

    Direct Costs during FY-16 stood at Rs 1,144.8 crore, including Rs. 617.8 crore of content amortization (Rs 940 crore of direct costs including content amortization of Rs 497.6 crore in FY-15) and overflow accrued to Producers on account of hit films.

    For the period ending March 31, 2016, the company generated free cash flow of Rs 300 crore as compared to negative Rs 50 crore in FY-15. As on 31 March 2016, total receivables stood at Rs. 428.2 crore as compared to Rs. 525.7 crore as on 31 March, 2015.

    Films released in FY-16

    In FY-16, of the 63 films released by Eros, 6 high budget, 16 medium and 41 low budget films were released in as against 6 high budget, 11 medium and 47 low budget movies in FY-15. In FY-16, of the 63 films that were released 33 were Hindi and 30 were Regional films as compared to 64 films during FY-15, which included 45 Hindi and 19 regional films.

    In the quarter ended 31 March 2016 (Q4-16, current quarter) Q4-16, only 6 medium and 6 low budget films were released as against 1 high budget, 4 medium and 17 low budget movies in Q4-15. During the quarter, 12 films were released consisting of 3 Hindi and 5 Tamil/Telugu films and 4 Regional films as compared to 22 films during Q4-15, which included 17 Hindi and 5 Tamil/Telugu films.

    Company speak

    Eros executive vice chairman and managing director Lulla said, “Fiscal 2016 clearly proved to be one of the best year for our films at the Box Office demonstrating the quality and robustness of our content green-lighting strategy, a strong competitive edge for Eros. This is possible as over the years, we have built scale and expertise with the help of an experienced management team which has constantly set new benchmarks in the industry. Continuing this momentum, we had an excellent start to FY17 with Sardaar Gabbar Singh in Telegu, ‘Ki & Ka’ in Hindi and 24 in Tamil delivering splendid performances and together with ‘Housefull 3’ scheduled to open next week, we are looking at a blockbuster first quarter.

    “We have a very exciting film slate for the upcoming quarters, which include films such as ‘Rock On 2’, ‘Dishoom’, ‘Baar Baar Deko’, ‘Shivaay’, Banjo, Singham 3 together with a diversified slate of other regional releases. On the whole, FY 2017 will be seeing an exciting movie repertoire of over 65 content driven Eros films in Hindi and other regional languages, making it the biggest future slate by any studio in India. The slate would also be aided by compelling films from our franchise production arm, Trinity Pictures. To further demonstrate our portfolio and de-risking strategy, I am happy to announce that a substantial part of the above mentioned slate is already pre-sold for satellite rights with the major television networks.”

    “I am happy to report that we ended the year with record revenues of Rs. 16,036 million and healthy profitability. Further, we generated Rs. 3,000 illion free cash flow in FY16 and strengthened our balance sheet by bringing about working capital efficiencies. We are confident that we will continue to maintain
    our market leadership position in the years to come.”

  • FY-16: Eros International Media revenue up

    FY-16: Eros International Media revenue up

    BENGALURU: The Sunil Lulla led Eros International Media Limited (Eros) reported 11.4 percent increase in total revenue including other income (TR) for the fiscal ended 31 March 2016 (FY-16, current year, current fiscal) as compared to the previous year. Eros reported TR of Rs 1,603.45 crore in FY-16 as compared to Rs 1,441.03 crore in FY-15.

    The company’s Total Income from Operations (TIO) in the current year increased 11.3 percent to Rs 1,582.58 crore in the previous fiscal. Profit after Tax (PAT) after minority interest in the current year declined 13.5 percent to Rs 214.15 crore (13.4 percent PAT margin of TR) as compared to Rs 247.06 crore (17.1 PAT margin of TR) in the previous year.

    Eros says that revenue for FY-16 saw a significant growth on account of global releases of Bajrangi Bhaijaan, Bajirao Mastani, TanuWeds Manu Returns, Welcome Back, Srimanthudu amongst others across theatrical, overseas and satellite revenues, and overseas releases of Dil Dhadakne Do, Singh is Bling and Gabbar is Back reinforcing the portfolio and film mix strategy

    Note: The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:
    (a) 100,00,000 = 100 lakh = 10,000,000 = 10 million = 1 crore.
    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.

    Earnings before Interest and Tax in FY-16 declined 6.6 percent to Rs 337.36 crore from Rs 361.19 crore in the previous year.

    The breakup of revenues in FY-16 was: Television and others 30 percent; Theatrical 43.8 percent; Overseas 26.1 percent. The comparative breakup of revenues in FY-15 was: Television and others 31.3 percent; Theatrical 38 percent; Overseas 30.7 percent.

    Total Expenditure in the current year increased 17.2 percent to Rs 1,266.09 crore (80 percent of TIO) from Rs 1,079.84 (76 percent of TIO) in FY-15.

    Direct Costs during FY-16 stood at Rs 1,144.8 crore, including Rs. 617.8 crore of content amortization (Rs 940 crore of direct costs including content amortization of Rs 497.6 crore in FY-15) and overflow accrued to Producers on account of hit films.

    For the period ending March 31, 2016, the company generated free cash flow of Rs 300 crore as compared to negative Rs 50 crore in FY-15. As on 31 March 2016, total receivables stood at Rs. 428.2 crore as compared to Rs. 525.7 crore as on 31 March, 2015.

    Films released in FY-16

    In FY-16, of the 63 films released by Eros, 6 high budget, 16 medium and 41 low budget films were released in as against 6 high budget, 11 medium and 47 low budget movies in FY-15. In FY-16, of the 63 films that were released 33 were Hindi and 30 were Regional films as compared to 64 films during FY-15, which included 45 Hindi and 19 regional films.

    In the quarter ended 31 March 2016 (Q4-16, current quarter) Q4-16, only 6 medium and 6 low budget films were released as against 1 high budget, 4 medium and 17 low budget movies in Q4-15. During the quarter, 12 films were released consisting of 3 Hindi and 5 Tamil/Telugu films and 4 Regional films as compared to 22 films during Q4-15, which included 17 Hindi and 5 Tamil/Telugu films.

    Company speak

    Eros executive vice chairman and managing director Lulla said, “Fiscal 2016 clearly proved to be one of the best year for our films at the Box Office demonstrating the quality and robustness of our content green-lighting strategy, a strong competitive edge for Eros. This is possible as over the years, we have built scale and expertise with the help of an experienced management team which has constantly set new benchmarks in the industry. Continuing this momentum, we had an excellent start to FY17 with Sardaar Gabbar Singh in Telegu, ‘Ki & Ka’ in Hindi and 24 in Tamil delivering splendid performances and together with ‘Housefull 3’ scheduled to open next week, we are looking at a blockbuster first quarter.

    “We have a very exciting film slate for the upcoming quarters, which include films such as ‘Rock On 2’, ‘Dishoom’, ‘Baar Baar Deko’, ‘Shivaay’, Banjo, Singham 3 together with a diversified slate of other regional releases. On the whole, FY 2017 will be seeing an exciting movie repertoire of over 65 content driven Eros films in Hindi and other regional languages, making it the biggest future slate by any studio in India. The slate would also be aided by compelling films from our franchise production arm, Trinity Pictures. To further demonstrate our portfolio and de-risking strategy, I am happy to announce that a substantial part of the above mentioned slate is already pre-sold for satellite rights with the major television networks.”

    “I am happy to report that we ended the year with record revenues of Rs. 16,036 million and healthy profitability. Further, we generated Rs. 3,000 illion free cash flow in FY16 and strengthened our balance sheet by bringing about working capital efficiencies. We are confident that we will continue to maintain
    our market leadership position in the years to come.”

  • Dentsu Marcom gives ‘raw, real, ripped’ look to CB Hornet 160R

    Dentsu Marcom gives ‘raw, real, ripped’ look to CB Hornet 160R

    MUMBAI: Honda Motorcycle and Scooter India (HMSI) has premiered the television commercial (TVC) for its CB Hornet 160R. In sync with its aggressive warrior styling, the new commercial of CB Hornet 160R coincided with the much awaited world television premier of 2015’s biggest hit – Bajirao Mastani. 

    Developed by Dentsu Marcom, a Dentsu Aegis Network Company, the TVC that is running on air across channels has received a welcome  response from the youth.

    The brief to agency was to create an adrenalin high communication that reinforces the uniqueness of CB Hornet 160R and its advancements in terms of performance, style and technology to the target audience. 

    Elaborating on Honda’s communication line for the CB Hornet 160R, Honda Motorcycle & Scooter India sales and marketing SVP Yadvinder Singh Guleria said, “Honda launched the new CB Hornet 160R, heralding a new era of Street Naked Sports biking in India. Through this TVC, we have tried to showcase the attributes like unbridled power, ambition, sheer hard work and precision that goes behind sculpting those perfect bodies, be it today’s youth or their machine- the CB Hornet 160R. Within just 4 months of its launch, the CB Hornet 160R has stuck an immediate resonance with the customers and this TVC will definitely help us soar to even greater heights.”

    The film was conceptualised to show the inherent connect between new CB Hornet 160R and its identified target group.

    “The human body is incredibly built. It’s the greatest machine that is ever built on earth. And increasingly, more than ever before, gyms are mushrooming all over the country, in basements, on terraces, and in swank glass buildings. The new CB Hornet 160 is for this new generation that is as much passionate about building their bodies as it is about motorcycles,” said Dentsu Marcom, NCD Titus Upputuru.

    The ad film explores the parallel journey of men building their bodies and the CB Hornet 160R being built in the factory. Fast-paced and edgy, the TVC, though visual and sound spectacle shows the coming together of, ‘building of the human body’ and ‘building of the bike body’, for road ripping ride. This is followed by thrilling shots of the riders creating an X on the tarmac that resembles the X-shaped LED tail lamp on CB Hornet 160R. The film ends with the tagline ‘Built After You’ linked that how the CB Hornet 160R is just as raw. real. ripped as its rider. 

  • Dentsu Marcom gives ‘raw, real, ripped’ look to CB Hornet 160R

    Dentsu Marcom gives ‘raw, real, ripped’ look to CB Hornet 160R

    MUMBAI: Honda Motorcycle and Scooter India (HMSI) has premiered the television commercial (TVC) for its CB Hornet 160R. In sync with its aggressive warrior styling, the new commercial of CB Hornet 160R coincided with the much awaited world television premier of 2015’s biggest hit – Bajirao Mastani. 

    Developed by Dentsu Marcom, a Dentsu Aegis Network Company, the TVC that is running on air across channels has received a welcome  response from the youth.

    The brief to agency was to create an adrenalin high communication that reinforces the uniqueness of CB Hornet 160R and its advancements in terms of performance, style and technology to the target audience. 

    Elaborating on Honda’s communication line for the CB Hornet 160R, Honda Motorcycle & Scooter India sales and marketing SVP Yadvinder Singh Guleria said, “Honda launched the new CB Hornet 160R, heralding a new era of Street Naked Sports biking in India. Through this TVC, we have tried to showcase the attributes like unbridled power, ambition, sheer hard work and precision that goes behind sculpting those perfect bodies, be it today’s youth or their machine- the CB Hornet 160R. Within just 4 months of its launch, the CB Hornet 160R has stuck an immediate resonance with the customers and this TVC will definitely help us soar to even greater heights.”

    The film was conceptualised to show the inherent connect between new CB Hornet 160R and its identified target group.

    “The human body is incredibly built. It’s the greatest machine that is ever built on earth. And increasingly, more than ever before, gyms are mushrooming all over the country, in basements, on terraces, and in swank glass buildings. The new CB Hornet 160 is for this new generation that is as much passionate about building their bodies as it is about motorcycles,” said Dentsu Marcom, NCD Titus Upputuru.

    The ad film explores the parallel journey of men building their bodies and the CB Hornet 160R being built in the factory. Fast-paced and edgy, the TVC, though visual and sound spectacle shows the coming together of, ‘building of the human body’ and ‘building of the bike body’, for road ripping ride. This is followed by thrilling shots of the riders creating an X on the tarmac that resembles the X-shaped LED tail lamp on CB Hornet 160R. The film ends with the tagline ‘Built After You’ linked that how the CB Hornet 160R is just as raw. real. ripped as its rider. 

  • FY-2016: Inox PAT almost quadruples

    FY-2016: Inox PAT almost quadruples

    BENGALURU: Inox Leisure Limited (Inox) reported almost quadrupling (3.87 times) of profit after tax (PAT) for the year ended 31 March 2016 (FY-2016, current year). The company reported PAT of Rs 77.49 crore (5.8 per cent margin on total income from operations or TIO) in the current year as compared to the Rs 20.04 crore (2 per cent margin on TIO) in the previous year.

    Note: The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:

    (a) 100,00,000 = 100 lakh = 10,000,000 = 10 million = 1 crore.

    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.

    PAT for the quarter ended 31 March 2016 (Q4-2016, current quarter) was 16.12 crore (5.6 per cent margin on TIO). During the corresponding quarter of the previous year, the company had reported a loss of Rs 4.06 crore, while PAT in the immediate trailing quarter was 3.3 per cent lower at Rs 15.60 crore (4.6 per cent margin on TIO).

    TIO for the current year was 31.1 per cent higher at Rs 1,332.69 crore as compared to the Rs 1,016.81 crore in the previous year. TIO in Q4-2016 grew 31.8 per cent YoY to Rs 286.92 crore from Rs 217.75 crore, but declined 16 per cent quarter-on-quarter (QoQ) from Rs 341.71 crore.

    Company speak

    Commenting on the results, Inox Group of companies director and group head (Corporate Finance) Deepak Asher, said, “Good content coupled with our expansion across the country, with a world class movie viewing experience has helped us in maintaining our growth in the last quarter. We will continue this growth momentum with our consistent efforts in the forthcoming quarters for our guests and all the stakeholders”.

    Gross Box Office (GBOC)

    During FY-2016, as well as Q4-2016, the increase in TIO was driven by increase in Gross Box Office collection (GBOC) in the sale of food and beverages (F&B).

    Inox reported GBOC of Rs 904.94 crore for the current year, 34.4 per cent higher as compared to Rs 673.08 crore in the previous year. GBOC in Q4-2016 increased 41.7 per cent YoY to Rs 191 crore as compared to Rs 134.80 crore, but declined 17.2 per cent QoQ from Rs 230.69 crore.

    Performance of the top five movies by GBOC performance accounted for 42 percent of total GBOC collection in the current quarter. The top five movies in terms of GBO collection for Q4-2016 in descending order were: Airlift (Rs 29.8 crore GBOC or Gross Box Office Collection, 15 lakh footfalls); Neerja (Rs 17.3 crore GBOC, 10.5 lakh footfalls); Kapoor&Sons (Rs 15.7 crore GBOC, 8.5 lakh footfalls) Bajirao Mastani (Rs 9.8 crore, 5.6 lakh footfalls); and Wazir (9.2 crore GBOC, 5.1 lakh footfalls).

    Advertising, food and beverages and other operating revenues

    F&B sales in FY-2016 were Rs 265.63 crore, 39.1 per cent higher as compared to Rs 191.03 crore in FY-2015. This segment reported 52.3 per cent higher YoY sales at Rs 56.99 crore in Q4-2016 as compared to Rs 34.73 crores, but 13 per cent lower QoQ as compared to Rs 65.51 crore in the immediate trailing quarter.

    F&B spend per head in FY-2016 increased to Rs 58 from Rs 55 in FY-2016. In Q4-2016, F&B spend per head increased to Rs 58 from Rs 53 in Q4-2015.

    Revenue from advertising in FY-2016 increased 11.7 per cent to Rs 91.01 crore as compared to Rs 81.49 crore in FY-2015. In Q4-2016, advertising revenue declined 2 per cent to Rs 19.40 crore from Rs 19.79 crore in Q4-2015, and declined 34.2 per cent QoQ from Rs 29.49 crore.

    Other operating revenue in FY-2016 declined 0.2 per cent YoY to Rs 71.10 crore from Rs 71.21 crore. Other operating revenue declined 24.1 percent YoY in Q4-2016 to Rs 19.52 crore from Rs 25.73 crore, but increased 21.8 per cent QoQ from Rs 16.02 crore in Q3-2016.

    Footfalls, occupancy rates and average ticket price

    Footfalls for FY-2016 increased 30 per cent to 534 lakh from 411 lakh in FY-2015. Inox reported a 36 percent increase in footfalls in the current quarter at 115 lakh as compared to 84 lakh in Q4-2015, but a 10.9 per cent decline QoQ from 129 lakh in Q3-2016.

    Occupancy rate in the current year increased to 29 per cent from 25 per cent in FY-2015. Occupancy rate in Q4-2016 improved to 23 per cent from 20 per cent in Q4-2015, but was less than the 31 percent in Q3-2016.

    Average Ticket Price (APT) increased 3.7 per cent in FY-2016 to Rs 170 from Rs 164 in the previous year. ATP increased 5.7 per cent YoY to Rs 167 in the current quarter as compared to Rs 158, but declined 6.7 per cent QoQ from Rs 179.

    Entertainment Tax, Distributors share and F&B costs, rents, etc.

    Inox paid 43.1 per cent higher Entertainment Tax in FY-2016 at Rs 173.81 crore as compared to Rs 121.45 crore in the previous year. Entertainment Tax in Q4-2016 at Rs 35.61 crore was 56.5 per cent higher YoY than Rs 22.76 crore but was 19.8 percent lower QoQ entertainment tax as compared to Rs 44.40 crore.

    Distributors share (Exhibition cost) in FY-2016 was 30.5 per cent higher at Rs 325.30 crore as compared to Rs 249.32 crore in FY-2015. Distributors share in Q4-2016 at Rs 68.94 crore was 44.4 per cent higher YoY as compared to Rs 47.75 crore but was 18.5 per cent lower QoQ as compared to Rs 84.54 crore in Q3-2016.

    F&B costs in the current year were 34 per cent higher at Rs 66.41 crore as compared to Rs 49.55 crore in the previous year. F&B costs in Q4-2016 increased 37 percent YoY to Rs 14.18 crore as compared to Rs 10.35 crore, but declined 11.1 per cent QoQ from Rs 15.95 crore.

    Total Expense in the current year increased 26.1 per cent to Rs 1,223.06 crore from Rs 969.88 crore in FY-2015. Total Expense in the current quarter increased 29.8 percent YoY to Rs 292.59 crore from Rs 225.34 crore but declined 5.3 per cent QoQ from Rs 308.97 crore 

  • FY-2016: Inox PAT almost quadruples

    FY-2016: Inox PAT almost quadruples

    BENGALURU: Inox Leisure Limited (Inox) reported almost quadrupling (3.87 times) of profit after tax (PAT) for the year ended 31 March 2016 (FY-2016, current year). The company reported PAT of Rs 77.49 crore (5.8 per cent margin on total income from operations or TIO) in the current year as compared to the Rs 20.04 crore (2 per cent margin on TIO) in the previous year.

    Note: The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:

    (a) 100,00,000 = 100 lakh = 10,000,000 = 10 million = 1 crore.

    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.

    PAT for the quarter ended 31 March 2016 (Q4-2016, current quarter) was 16.12 crore (5.6 per cent margin on TIO). During the corresponding quarter of the previous year, the company had reported a loss of Rs 4.06 crore, while PAT in the immediate trailing quarter was 3.3 per cent lower at Rs 15.60 crore (4.6 per cent margin on TIO).

    TIO for the current year was 31.1 per cent higher at Rs 1,332.69 crore as compared to the Rs 1,016.81 crore in the previous year. TIO in Q4-2016 grew 31.8 per cent YoY to Rs 286.92 crore from Rs 217.75 crore, but declined 16 per cent quarter-on-quarter (QoQ) from Rs 341.71 crore.

    Company speak

    Commenting on the results, Inox Group of companies director and group head (Corporate Finance) Deepak Asher, said, “Good content coupled with our expansion across the country, with a world class movie viewing experience has helped us in maintaining our growth in the last quarter. We will continue this growth momentum with our consistent efforts in the forthcoming quarters for our guests and all the stakeholders”.

    Gross Box Office (GBOC)

    During FY-2016, as well as Q4-2016, the increase in TIO was driven by increase in Gross Box Office collection (GBOC) in the sale of food and beverages (F&B).

    Inox reported GBOC of Rs 904.94 crore for the current year, 34.4 per cent higher as compared to Rs 673.08 crore in the previous year. GBOC in Q4-2016 increased 41.7 per cent YoY to Rs 191 crore as compared to Rs 134.80 crore, but declined 17.2 per cent QoQ from Rs 230.69 crore.

    Performance of the top five movies by GBOC performance accounted for 42 percent of total GBOC collection in the current quarter. The top five movies in terms of GBO collection for Q4-2016 in descending order were: Airlift (Rs 29.8 crore GBOC or Gross Box Office Collection, 15 lakh footfalls); Neerja (Rs 17.3 crore GBOC, 10.5 lakh footfalls); Kapoor&Sons (Rs 15.7 crore GBOC, 8.5 lakh footfalls) Bajirao Mastani (Rs 9.8 crore, 5.6 lakh footfalls); and Wazir (9.2 crore GBOC, 5.1 lakh footfalls).

    Advertising, food and beverages and other operating revenues

    F&B sales in FY-2016 were Rs 265.63 crore, 39.1 per cent higher as compared to Rs 191.03 crore in FY-2015. This segment reported 52.3 per cent higher YoY sales at Rs 56.99 crore in Q4-2016 as compared to Rs 34.73 crores, but 13 per cent lower QoQ as compared to Rs 65.51 crore in the immediate trailing quarter.

    F&B spend per head in FY-2016 increased to Rs 58 from Rs 55 in FY-2016. In Q4-2016, F&B spend per head increased to Rs 58 from Rs 53 in Q4-2015.

    Revenue from advertising in FY-2016 increased 11.7 per cent to Rs 91.01 crore as compared to Rs 81.49 crore in FY-2015. In Q4-2016, advertising revenue declined 2 per cent to Rs 19.40 crore from Rs 19.79 crore in Q4-2015, and declined 34.2 per cent QoQ from Rs 29.49 crore.

    Other operating revenue in FY-2016 declined 0.2 per cent YoY to Rs 71.10 crore from Rs 71.21 crore. Other operating revenue declined 24.1 percent YoY in Q4-2016 to Rs 19.52 crore from Rs 25.73 crore, but increased 21.8 per cent QoQ from Rs 16.02 crore in Q3-2016.

    Footfalls, occupancy rates and average ticket price

    Footfalls for FY-2016 increased 30 per cent to 534 lakh from 411 lakh in FY-2015. Inox reported a 36 percent increase in footfalls in the current quarter at 115 lakh as compared to 84 lakh in Q4-2015, but a 10.9 per cent decline QoQ from 129 lakh in Q3-2016.

    Occupancy rate in the current year increased to 29 per cent from 25 per cent in FY-2015. Occupancy rate in Q4-2016 improved to 23 per cent from 20 per cent in Q4-2015, but was less than the 31 percent in Q3-2016.

    Average Ticket Price (APT) increased 3.7 per cent in FY-2016 to Rs 170 from Rs 164 in the previous year. ATP increased 5.7 per cent YoY to Rs 167 in the current quarter as compared to Rs 158, but declined 6.7 per cent QoQ from Rs 179.

    Entertainment Tax, Distributors share and F&B costs, rents, etc.

    Inox paid 43.1 per cent higher Entertainment Tax in FY-2016 at Rs 173.81 crore as compared to Rs 121.45 crore in the previous year. Entertainment Tax in Q4-2016 at Rs 35.61 crore was 56.5 per cent higher YoY than Rs 22.76 crore but was 19.8 percent lower QoQ entertainment tax as compared to Rs 44.40 crore.

    Distributors share (Exhibition cost) in FY-2016 was 30.5 per cent higher at Rs 325.30 crore as compared to Rs 249.32 crore in FY-2015. Distributors share in Q4-2016 at Rs 68.94 crore was 44.4 per cent higher YoY as compared to Rs 47.75 crore but was 18.5 per cent lower QoQ as compared to Rs 84.54 crore in Q3-2016.

    F&B costs in the current year were 34 per cent higher at Rs 66.41 crore as compared to Rs 49.55 crore in the previous year. F&B costs in Q4-2016 increased 37 percent YoY to Rs 14.18 crore as compared to Rs 10.35 crore, but declined 11.1 per cent QoQ from Rs 15.95 crore.

    Total Expense in the current year increased 26.1 per cent to Rs 1,223.06 crore from Rs 969.88 crore in FY-2015. Total Expense in the current quarter increased 29.8 percent YoY to Rs 292.59 crore from Rs 225.34 crore but declined 5.3 per cent QoQ from Rs 308.97 crore 

  • Viacom18 to launch Hindi movie channel with big ticket movies

    Viacom18 to launch Hindi movie channel with big ticket movies

    MUMBAI: Expanding its current portfolio of channels, Viacom18 is now poised to launch a Hindi movie channel called Rishtey Cineplex.

    The latest entrant in the Hindi movies channels’ genre will face stuff competition from established players like Sony Max, Zee Cinema, Star Gold, Movies OK and &Pictures. 

    However, Rishtey Cineplex – the first Hindi movie channel from the house of Viacom18 – has armed itself with big ticket movies like the recently released Bajirao Mastani, Airlift and Pyaar Ka Punchnama 2 as well as the yet to release Force2, Kapoor and Sons and Ae Dil Hai Mushkil amongst others.

    The channel’s launch further paves the way for new film acquisitions to offer quality film-based entertainment and big television premieres to viewers.

    Viacom18 Group CEO Sudhanshu Vats said, “With the launch of Rishtey Cineplex, we are entering the large Hindi movie genre thereby filing a pivotal whitespace and offering a holistic Hindi entertainment ecosystem from our stable. At Viacom18 we are committed to continuously strengthening our portfolio across genres, languages and age groups. Rishtey Cineplex is a key milestone in  that journey.”

    “The movie channel will bolster the networks reach across India and help us dial-up our engagement levels with our viewers. Rishtey Cineplex will also enable us to offer 360-degree value to our advertisers creating more opportunities for on-air promotions enabling optimisation of ad inventory across the network,” he added.

    Colors & Rishtey CEO Raj Nayak said, “We have scripted a great success story for brand Colors with it being extended into regional languages and English entertainment. Each of these channels has helped us cater to an intrinsic viewer demand. We are now all set to give impetus to brand Rishtey with the launch of our exclusive Hindi movies channel Rishtey Cineplex that will help us fortify our Hindi entertainment portfolio. With the best in films and entertainment lined up, we are confident that we will be able to strengthen audience affinity with Rishtey Cineplex.”

    Rishtey Cineplex marks the extension of Viacom18’s portfolio, which has under its umbrella Hindi general entertainment channels like Colors, Colors HD and Rishtey, a bouquet of regional entertainment channels – Colors Marathi, Colors Gujarati, Colors Bangla, Colors Kannada, and Colors Oriya and an English entertainment channel – Colors Infinity.

  • Viacom18 to launch Hindi movie channel with big ticket movies

    Viacom18 to launch Hindi movie channel with big ticket movies

    MUMBAI: Expanding its current portfolio of channels, Viacom18 is now poised to launch a Hindi movie channel called Rishtey Cineplex.

    The latest entrant in the Hindi movies channels’ genre will face stuff competition from established players like Sony Max, Zee Cinema, Star Gold, Movies OK and &Pictures. 

    However, Rishtey Cineplex – the first Hindi movie channel from the house of Viacom18 – has armed itself with big ticket movies like the recently released Bajirao Mastani, Airlift and Pyaar Ka Punchnama 2 as well as the yet to release Force2, Kapoor and Sons and Ae Dil Hai Mushkil amongst others.

    The channel’s launch further paves the way for new film acquisitions to offer quality film-based entertainment and big television premieres to viewers.

    Viacom18 Group CEO Sudhanshu Vats said, “With the launch of Rishtey Cineplex, we are entering the large Hindi movie genre thereby filing a pivotal whitespace and offering a holistic Hindi entertainment ecosystem from our stable. At Viacom18 we are committed to continuously strengthening our portfolio across genres, languages and age groups. Rishtey Cineplex is a key milestone in  that journey.”

    “The movie channel will bolster the networks reach across India and help us dial-up our engagement levels with our viewers. Rishtey Cineplex will also enable us to offer 360-degree value to our advertisers creating more opportunities for on-air promotions enabling optimisation of ad inventory across the network,” he added.

    Colors & Rishtey CEO Raj Nayak said, “We have scripted a great success story for brand Colors with it being extended into regional languages and English entertainment. Each of these channels has helped us cater to an intrinsic viewer demand. We are now all set to give impetus to brand Rishtey with the launch of our exclusive Hindi movies channel Rishtey Cineplex that will help us fortify our Hindi entertainment portfolio. With the best in films and entertainment lined up, we are confident that we will be able to strengthen audience affinity with Rishtey Cineplex.”

    Rishtey Cineplex marks the extension of Viacom18’s portfolio, which has under its umbrella Hindi general entertainment channels like Colors, Colors HD and Rishtey, a bouquet of regional entertainment channels – Colors Marathi, Colors Gujarati, Colors Bangla, Colors Kannada, and Colors Oriya and an English entertainment channel – Colors Infinity.