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Tag: Bolt media Limited

  • Balaji Telefilms Q1-2015 PAT triples

    Balaji Telefilms Q1-2015 PAT triples

    MUMBAI: Balaji Telefilms Limited (Balaji) reported triple the (2.9 times) consolidated PAT at Rs 10.56 crore in the quarter ended June 2014 (Q1-2015) as compared to Rs 3.62 crore during the previous quarter ended June 2013 (Q1-2014) and versus loss of Rs 27.36 crore in the preceding quarter ending March 2014 (Q4-2014).

     

    Consolidated PAT expanded on the steep increase in revenue from operations which rose 61 per cent to Rs 135.34 crore against Rs 84.03 crore in Q1-2014, and was almost same as revenue from operations in the preceding quarter Q4-2014.

     

    Three major segments contribute to Balaji’s revenue – Commissioned Programmes, Sponsored Programmes and Films. While the revenue from films for the company stood at Rs 89.33 crore, 44 per cent more than Rs 61.65 crore in Q1-2014, the revenue from commissioned programmes was Rs 46 crore in Q1-2015 as against Rs 22.77 crore in Q1-2014 and Rs 39.86 crore in Q4-2014. The profit made by the film segment was 23 per cent down to Rs 26.06 crores y-o-y.

     

    Revenue from Sponsored Programs in Q1-2015 was nil.

     

    EBITDA for the company was in positive at Rs 14.71 crore as against negative in the preceding quarter (Q4-2014) at Rs 5.01 crore.

     

     Let us look at the other numbers reported by the company.

     

    The company’s total expenditure rose 35 per cent in Q1-2015 to Rs 123.49 crore as compared to Rs 91.33 crore in Q1-2014 and 13 per cent as against Rs 109 crore in Q4-2014.

     

    Cost of production/acquisition and telecast fees contribute 44 per cent to the Balaji’s total expense, while marketing and distribution expense was 14 per cent of the total expenditure. The Cost of production/acquisition and telecast fees fell 19 per cent to Rs 55.49 crore in Q1-2015 versus Rs 69.26 crore in Q1-2014 and Rs 52.73 in Q4-2014.

     

    Balaji’s expenditure for marketing and distribution fell 27 per cent in Q1-2015 to Rs 18.07 crore as against Rs 24.96 crore in Q1-2014 and Rs 20.30 crore in Q4-2014

     

    Finance costs for Q1-2015 have been drastically reduced by the company to Rs 0.02 cr as compared to Rs 1.37 crore last quarter (Q4-2014)

     
    Let us look at Balaji’s subsidiary companies.

     

    Balaji Motion Pictures Limited (BMPL), a subsidiary of Balaji posted a profit growth of 147 per cent at Rs 8.84 crore versus Rs 3.57 crore in Q1-2014. Revenue for BMPL stood at Rs 89.39 crore, 44 per cent more than Rs 61.66 crore

     

    BMPL released three movies in the current quarter, among which ‘Ek Villain’ crossed the 100 crore mark.

     

    Bolt Media Limited (BML), another subsidiary of Balaji, reported a loss of Rs 0.25 crore versus loss of Rs 0.22 crore in Q1-2014. Revenue of the company increased to Rs 2.5 crore from Rs 0.83 crore in Q1-2015.

     

    Cost of Production/Acquisition and Telecast Fees for BMPL and BML was at Rs 74.88 crore and Rs 2.45 crore respectively in Q1-2015.

     

    BML is commissioning serials such as “Dharma-Kshetra” (26 episodes) and “Rakht” (10 episodes) for EPIC Television Networks Private Limited (Expected launch by Q2 of FY15).

     

    Click for financial release

    Click for investors report

  • Balaji quintuples y-o-y PAT for Q2-2014; EBIDTA more than doubles

    Balaji quintuples y-o-y PAT for Q2-2014; EBIDTA more than doubles

    BENGALURU: Balaji Telefilms Limited (BTL), the blue-eyed entity of the Indian media and entertainment industry, reported consolidated PAT of Rs 12.33 crore for Q2-2014, more than quintuple (506 per cent) the Rs 2.43 crore reported for Q2-2013 and  more than triple (342 per cent) of the Rs 3.61 crore for Q1-2014.

     

    The improved performance was driven essentially by its motion picture operations. BTL reported EBIDTA for Q2-2014 at Rs 10.95 crore, more than double the Rs 4.63 crore for Q2-2013. BTL’s EBIDTA for Q1-2014 was negative at Rs (-5.02) crore

     

    The company’s consolidated revenue from operations for Q2-2014 at Rs 194.16 crore was more than triple (329 per cent) of the Rs 58.96 crore for Q2-2013 and more than double the Rs 84.04 crore for Q1-2014.

     

    Let us look at the other figures reported by BTL for Q2-2014

     

    BTL has reported revenue from three streams: Balaji Telefilms (Television content production-Balaji); Motion Pictues – Balaji Moption Pictures Limited (BMPL) and BOLT Media Limited (BOLT).

     

    Its television content production stream reported revenue of Rs 30.33 crore for Q2-2014, which was 33 per cent higher than the Rs 22.80 crore for Q1-2014. Rs 32.32 crore were spent in Q2-2014 towards cost of production, acquisition and cost of telecast fees, staff cost, depreciation and other expense resulting in loss from operations of Rs (-1.99) crore. Other Income brought in Rs 3.02 crore and hence a PAT of 0.804 crore.

     

    BMPL with revenue of Rs 164.05 crore for Q2-2014, which was more than double (2.66 times) the Rs 61.67 crore for Q1-2014. Expense totaling Rs 152.23 crore resulted in a PAT of Rs 11.81 crore.

     

    BOLT had revenue of 0.27 crore and total expense of 0.59 crore resulting in a net loss of Rs (-0.32) crore.

  • Balaji Telefilms Q1-2014 revenue more than doubles Q1-2013, Q4-2013

    Balaji Telefilms Q1-2014 revenue more than doubles Q1-2013, Q4-2013

    BENGALURU: The blue-eyed entity of the Indian media and entertainment industry, Balaji Telefilms Limited (BTL) reported consolidated revenue of Rs 84.03 crore for Q1-2014, more than double (up by 131 per cent) the revenue of Rs 36.37 crore in Q1-2013. BTL’s Q1-2014 consolidated revenue was also more than double (up by 117 per cent) the revenue of Rs 38.71 crore for Q4-2013.

     

    Let us take a look at BTL’s other figures for Q1-2014

     

    Despite a negative EBIDTA of Rs 5.02 crore, BTL’s other income of Rs 12.86 crore resulted in a PAT of Rs 3.62 crore for Q1-2014, almost triple (up by 179 per cent) the PAT of Rs 1.39 crore for Q1-2013, and more than sixfold the Rs 0.5143 crore PAT in Q4-2013. BTL’s EBIDTA for Q1-2013 was Rs 0.1861 crore for Q1-2013 and a negative EBIDTA of Rs (-4.5) crore for Q4-2013.

     

    The company attributes the EBDITA loss in Q1-2014 of Rs 5.02 crore to discontinuance of television serials and deferment of non-theatrical revenues.

     

    BTL’s expenditure towards marketing and distribution of television serials and movies for Q1-2014 of Rs 80.22 crore was up by 163 per cent (more than double) the Rs 38.56 crore during Q1-2013 and was 134.4 per cent (again more than double) more than the Rs 34.22 crore in Q4-2013.

     

    BTL’s overhead expenditure for Q1-2014 at Rs 9.25 crore was 17 per cent more than the Rs 7.91 crore for Q1-2013, but 18.22 per cent lower than the Rs 11.31 crore in Q4-2014.

     

    Breakup of figures from Television, Balaji Motion Pictures Limited (BMPL) and Bolt Media Limited (Bolt) for Q1-2014

     

    Including other operating income, Television reported Rs 22.40 as total operating income for Q-2014, Rs 18.34 crore was spent towards production, acquisition marketing and distribution, staff cost, depreciation, and other expenses were Rs 7.12 crore, resulting in a loss from operations of Rs (-3.06) crore. Other Income of Rs 12.86 crore in Q1-2014 resulted in a PAT of Rs 7.43 crore.

     

    The company says that it had lower revenues from Television on account of discontinuance of two shows and it expects commissioned revenues to drive both volume and realisation.

     

    BMPL reported total operating income of Rs 61.67 crore for Q1-2014. Expenditure towards production, acquisition marketing and distribution was Rs 61.58 crore, staff cost, depreciation and other expenses were Rs 3.65 crore, resulting in a loss of Rs 3.57 crore for BMPL.

     

    The company says that actual BMPL EBDITA would be Rs 3.52 crore if marketing and distribution expense of Rs 7.02 crore for two upcoming movies Lootera and Once Upon Ay Time In Mumbai Dobaara is excluded.

     

    Bolt reported revenue of Rs 0.8289 crore for Q1-2014. Expenditure towards production, acquisition marketing and distribution was Rs 0.6691 crore and staff cost, depreciation and other expenses were Rs 0.3787 crore, resulting in a loss of Rs 0.219 crore from Bolt.

     

    Click here for Balaji Telefilms Limited – Financial Report Q1 FY-2014

     

    Click here for Balaji Telefilms Limited – Investor Presentation Q1
    FY-2014