ITV

Tag: Cinevista

  • Cinevista pulls itself together again in Q3

    Cinevista pulls itself together again in Q3

    Cinevista Communications’ Q3 results paint a rosier picture than they did in the previous quarters of this fiscal.

    The company that had posted net losses of Rs 20.32 million in Q2 2001, has managed to turn its fortunes by declaring a small, yet net profit of Rs 1.11 million in the quarter just ended. Whether the turnaround in its fortunes can be attributed to a change in nomenclature (the company changed from Cinevista Communications to Cinevistaas Limited on 20 December, 2001) cannot be proved, but it has definitely managed to pull itself out of the red – the company had been consistently posting losses for the last three quarters. It is now looking up again – with Sanjivani and Shhh Koi Hai airing on Star Plus and a feature film Yeh Mohabbat Hai, due for release shortly.

    The company has cut down significantly on administrative costs (Rs 1.10 million in Q3 2001 as against Rs 2.51 million in Q3 2000), while cost of production and telecast charges too have come down from Rs 77.6 million to Rs 48.9 million in the corresponding third quarters of 2000 and 2001.

    The company’s realisation from serials has taken a beating though, with revenues slipping to Rs 46.54 million from Rs 87.97 million in the same quarter last year. Its income from other sources has however seen a rise from Rs 12.15 million in Q3 2000 to Rs 17.70 million in Q3 2001.

  • Cinevista pulls itself together again in Q3

    Cinevista pulls itself together again in Q3

    Cinevista Communications’ Q3 results paint a rosier picture than they did in the previous quarters of this fiscal.

    The company that had posted net losses of Rs 20.32 million in Q2 2001, has managed to turn its fortunes by declaring a small, yet net profit of Rs 1.11 million in the quarter just ended. Whether the turnaround in its fortunes can be attributed to a change in nomenclature (the company changed from Cinevista Communications to Cinevistaas Limited on 20 December, 2001) cannot be proved, but it has definitely managed to pull itself out of the red – the company had been consistently posting losses for the last three quarters. It is now looking up again – with Sanjivani and Shhh Koi Hai airing on Star Plus and a feature film Yeh Mohabbat Hai, due for release shortly.

    The company has cut down significantly on administrative costs (Rs 1.10 million in Q3 2001 as against Rs 2.51 million in Q3 2000), while cost of production and telecast charges too have come down from Rs 77.6 million to Rs 48.9 million in the corresponding third quarters of 2000 and 2001.

    The company’s realisation from serials has taken a beating though, with revenues slipping to Rs 46.54 million from Rs 87.97 million in the same quarter last year. Its income from other sources has however seen a rise from Rs 12.15 million in Q3 2000 to Rs 17.70 million in Q3 2001.

  • Q3-2015: Cinevista q-o-q income down 28 per cent

    Q3-2015: Cinevista q-o-q income down 28 per cent

    BENGALURU: The makers of the 200 plus episodes drama Ek Hasina Thi (formerly Daag) for Star Plus, Cinevista Limited (Cinevista, formerly known as Cinevista Communications Limited) reported profit of Rs 0.89 lakh (0.06 per cent of Total Income from Operations or TIO) for the quarter ended 31 December, 2014 (Q3-2015, current quarter). This was 30.5 per cent lower than the PAT of Rs 1.28 lakh (0.14 per cent of TIO) in the corresponding quarter of last fiscal and 38.2 per cent lower than the PAT of Rs 1.44 lakh (0.07 per cent of TIO) in Q2-2015. For 9M-2015, Cinevista’s PAT at Rs 138.37 lakh (0.17 per cent of TIO) was 9.2 per cent lower than the RS 152.31 lakh (0.18 per cent of TIO) in 9M-2014.

     

    Note: 100,00,000 = 100 lakh = 10 million = 1 crore

     

    The company’s TIO for Q3-2015 at Rs 1577.73 lakh was 75.1 per cent more than Rs 901.27 lakh in Q3-2014 but 28.1 per cent less than Rs 2193.19 lakh in the immediate trailing quarter.

     

    Let us look at the other Q3-2015 and FY-2015 numbers reported by Cinevista:

     

    Simple EBIDTA for Q3-2015 at Rs 127.73 lakh (8.1 per cent of TIO) was 4.5 per cent less than Rs 133.70 lakh (14.8 per cent of TIO) in the corresponding year ago quarter, but 20.1 per cent less than Rs 159.94 lakh (7.3 per cent of TIO) in Q2-2015. For 9M-2015, EBIDTA at Rs 433.73 lakh (8.9 per cent of TIO) was 7 per cent more than the Rs 405.18 lakh (10.4 per cent of TIO) in 9M-2014.

     

    EBIDTA including other income for Q3-2015 at Rs 150.92 lakh (7.4 per cent of TIO plus other income) was 8.3 per cent more than Rs 139.35 lakh (15.4 per cent of TIO) in Q3-2014, but 6.5 per cent lower than Rs 161.44 lakh (7.4 per cent of TIO) in the immediate trailing quarter. For 9M-2015, EBIDTA including other income at Rs 461.58 lakh (9.4 per cent of TIO) was 10.6 per cent more than Rs 417.51 lakh (10.7 per cent of TIO) in 9M-2014.

     

    Cinevista’s total expenditure (TE) for Q3-2015 at Rs 1496.91 lakh (94.9 per cent of TIO) was 82.8 per cent more than Rs 819.07 lakh (90.9 per cent of TIO) in Q3-2014, but 28.2 per cent less than Rs 2079.28 lakh (94.8 per cent of TIO) in Q2-2015. For 9M-2015, TE at Rs 4572.21 lakh (93.9 per cent of TIO) was 26.1 per cent more than Rs 3627.08 lakh(93.5 per cent of TIO) in 9M-2014.

     

    A major expense head for the company is cost of production (PC).  This cost has been going up in terms of percentage of TIO. In Q3-2015, Cinevista spent Rs 1318.93 lakh (83.6 per cent of TIO) towards PC, which was more than double (2.12 times) the Rs 622.78 lakh (69.1 per cent of TIO) in the year ago quarter, but 29.6 per cent lower than Rs 1874.08 lakh (85.4 per cent of TIO) in Q2-2015. For 9M-2015, the company’s PC was 31.6 per cent more at Rs 3994.30 lakh (82.1 per cent of TIO) as compared to Rs 3035.25 lakh (78.2 per cent of TIO) in 9M-2014.

     

    Finance cost in Q3-2014 was Rs 102.85 lakh (6.5 per cent of TIO), which was 18.8 per cent more than Rs 86.57 lakh (9.6 per cent of TIO) in Q3-2014 but 10 per cent less than Rs 114.28 lakh (5.2 per cent of TIO) in the previous quarter. YTD, in 9M-2015, Cinevista’s finance cost at Rs 315.05 lakh (6.5 per cent of TI) was 22.1 per cent more than Rs 258.07 lakh (6.7 per cent of TI) in 9M-2014.

     

    At present Cinevista has another production on air on the Star Network’s Channel V India – D3 or Dil, Dosti, Dance, a dance-based fiction show that has crossed 500 episodes to date. The show premiered on 11 April 2011. The first season of Crime Patrol on Sony Entertainment Television India was created by Cinevista.