ITV

Tag: EBE

  • Sun TV third quarter of 2017 numbers up

    BENGALURU: Sun TV Network Limited (Sun TV) reported improved numbers across all important parameters for the quarter ended 30 December 2016 (Q3-17, current quarter) as compared to the corresponding year ago quarter (Q3-16). The board of directors have declared an interim dividend of Rs 5 per equity share of Rs 5 each (100 percent) for the financial year 2016-17.

    Sun TV reported 2.8 percent higher year-over-year (y-o-y) revenue in the current quarter at Rs 589.43 crore as compared to Rs 573.24 crore in Q3-16.

    Revenue growth in Q3-17 was led by a 16.8 percent y-o-y increase in subscription revenue at Rs 241.94 crore from Rs 207.16 crore.

    The company’s Profit after tax or PAT in Q3-17 improved 11 percent y-o-y to Rs 240.09 crore (40.7 percent margin) as compared to Rs 216.33 crore (37.7 percent margin) in Q3-16.

    Sun TV EBIDTA in the current quarter was Rs 439.73 crore (74.6 percent EBIDTA margin), almost flat (0.6 percent higher) as compared to Rs 437.29 crore (76.3 percent EBIDTA margin) in Q3-16.

    Total Expenditure (TE) in the current quarter decreased 3.8 percent y-o-y to Rs 260.39 crore (44.2 percent of TIO) as compared to Rs 270.70 crore (47.2 percent of TIO) in the corresponding quarter of the previous year.

    Employee Remuneration and Benefits Expense (EBE) in Q3-17 increased 1.3 percent y-o-y to Rs 59.86 crore (10.2 percent of TIO) as compared to Rs 59.21 crore (10.3 percent of TIO) in Q3-16.

    Other expenses (OE) in the Q3-17 was 2.6 percent lower at Rs 36.06 crore (6.1 percent of TIO) as compared to Rs 37.04 crore (6.5 percent of TIO) in the corresponding quarter of the previous year.

    IPL Franchisee Sun Risers Hyderabad

    Sun TV has paid franchisee fees for its IPL team SunRisers Hyderabad (SRH) of Rs 85.48 crore in Q1-17 as compared to Rs 85.05 crore in the first quarter of FY-16.

    The results of the nine month period ended 31 December 2016 (9M-17) include IPL revenue of Rs 143.90 crore as compared to Rs 96.96 crore in 9M-16 and costs of Rs 175.11 crore and Rs 153.21 crore for 9M-17 and 9M-16 respectively.

    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.

  • Q2-2016: Prime Focus revenue up 47% ;EBIDTA doubles

    Q2-2016: Prime Focus revenue up 47% ;EBIDTA doubles

    BENGALURU: Prime Focus Limited (PFL) reported 47 per cent YoY revenue growth for the quarter ending 31 December, 2015 (Q2-2016, current quarter) at Rs 468.52 crore from Rs 318.67 crore in Q2-2015 and 4.4 per cent higher QoQ as compared to Rs 448.57 crore in the immediate trailing quarter. The company reported more than double (2.02 times) YoY EBITA at Rs 75.56 crore (15.3 per cent margin) as compared to Rs 35.48 crore (11.1 per cent margin) and 37.4 per cent higher QoQ as compared to Rs 52.07 crore (11.6 per cent margin).

    Notes: (1) 100,00,000 = 100 lakh = 10 million =1 crore
    (2) The company had filed results for a fifteen month period ended June 30, 2014, hence YoY comparison is being done between Q2-2016 and Q2-2015 and QoQ comparison is between Q2-2016 and Q1-2016 (quarter ended September, 2015).

    The company reported a lower net loss of Rs 11.40 crore in Q2-2016, a loss of Rs 36.17 crore in Q2-2015 and a loss of Rs 22.51 crore in Q1-2016. 

    Let us look at the other numbers reported by PFL

    Figures A and B below show PFL’s major expense heads. As is obvious, a major expense head for the company is employee benefit expense or EBE.

    PFL’s EBE in Q2-2016 at Rs 284.10 crore (62.4 per cent of TIO) was 43.8 per cent higher YoY as compared to Rs 197.54 crore and (62 per cent of TIO) and was almost flat (went up by 0.5 per cent) QoQ as compared to Rs 282.57 crore (61.6 per cent of TIO).

    Technician’s Fees in the current quarter increased 19.6 per cent YoY to Rs 7.88 crore (1.7 per cent of TIO) as compared to Rs 6.35 crore (2.1 per cent of TIO), but declined 19.3 per cent QoQ from Rs 9.77 crore (2.2 per cent of TIO).

    Fig B indicates that EBE also shows a linear upward trend in terms of percentage of TIO over the twelve quarters starting Q4-2013 until the current quarter Q2-2016. EBE has been the highest in Q2-2016 (62.4 per cent) in terms of absolute rupees, but in terms of percentage of TIO, it was highest in Q3-2015 at 64 per cent.

    Finance and Interest cost in Q12-2016 at Rs 25.11 crore (5.4 per cent of TIO) increased 45.3 per cent YoY from Rs 17.28 crore (5.4 per cent of TIO) and increased 41.4 per cent QoQ from Rs 17.75 crore (four per cent of TIO).

  • Q2-2016: Prime Focus revenue up 47% ;EBIDTA doubles

    Q2-2016: Prime Focus revenue up 47% ;EBIDTA doubles

    BENGALURU: Prime Focus Limited (PFL) reported 47 per cent YoY revenue growth for the quarter ending 31 December, 2015 (Q2-2016, current quarter) at Rs 468.52 crore from Rs 318.67 crore in Q2-2015 and 4.4 per cent higher QoQ as compared to Rs 448.57 crore in the immediate trailing quarter. The company reported more than double (2.02 times) YoY EBITA at Rs 75.56 crore (15.3 per cent margin) as compared to Rs 35.48 crore (11.1 per cent margin) and 37.4 per cent higher QoQ as compared to Rs 52.07 crore (11.6 per cent margin).

    Notes: (1) 100,00,000 = 100 lakh = 10 million =1 crore
    (2) The company had filed results for a fifteen month period ended June 30, 2014, hence YoY comparison is being done between Q2-2016 and Q2-2015 and QoQ comparison is between Q2-2016 and Q1-2016 (quarter ended September, 2015).

    The company reported a lower net loss of Rs 11.40 crore in Q2-2016, a loss of Rs 36.17 crore in Q2-2015 and a loss of Rs 22.51 crore in Q1-2016. 

    Let us look at the other numbers reported by PFL

    Figures A and B below show PFL’s major expense heads. As is obvious, a major expense head for the company is employee benefit expense or EBE.

    PFL’s EBE in Q2-2016 at Rs 284.10 crore (62.4 per cent of TIO) was 43.8 per cent higher YoY as compared to Rs 197.54 crore and (62 per cent of TIO) and was almost flat (went up by 0.5 per cent) QoQ as compared to Rs 282.57 crore (61.6 per cent of TIO).

    Technician’s Fees in the current quarter increased 19.6 per cent YoY to Rs 7.88 crore (1.7 per cent of TIO) as compared to Rs 6.35 crore (2.1 per cent of TIO), but declined 19.3 per cent QoQ from Rs 9.77 crore (2.2 per cent of TIO).

    Fig B indicates that EBE also shows a linear upward trend in terms of percentage of TIO over the twelve quarters starting Q4-2013 until the current quarter Q2-2016. EBE has been the highest in Q2-2016 (62.4 per cent) in terms of absolute rupees, but in terms of percentage of TIO, it was highest in Q3-2015 at 64 per cent.

    Finance and Interest cost in Q12-2016 at Rs 25.11 crore (5.4 per cent of TIO) increased 45.3 per cent YoY from Rs 17.28 crore (5.4 per cent of TIO) and increased 41.4 per cent QoQ from Rs 17.75 crore (four per cent of TIO).

  • Q3-2016: ENIL reports 23% YoY revenue

    Q3-2016: ENIL reports 23% YoY revenue

    BENGALURU: Indian private FM player Entertainment Network (India) Limited (ENIL) reported 22.9 per cent YoY increase in Total Income from Operations (TIO) in the quarter ended 31 December, 2015 (Q3-2016, current quarter) at Rs 143.57 crore as compared to the Rs 117.69 crore and 23.5 per cent higher QoQ as compared to Rs 116.27 crore in the immediate trailing quarter.

    The company’s profit after tax (PAT) in Q3-2016 declined 18.8 per cent to Rs 26.99 crore (18.8 per cent margin) as compared to Rs 32.84 crore (28.1 per cent margin) and was flat QoQ as compared to Rs 26.97 crore (23.2 per cent margin) in Q2-2016. The company had entered the Rs 100 crore PAT club in FY-2015 with a PAT of Rs 105.98 crore (24.2 per cent margin) on a TIO of Rs 483.48 crore.

    Notes: (1) 100,00,000 = 100 Lakhs = 10 million = 1 crore

    (2) The numbers in this report are consolidated unless stated otherwise.

    Let us look at some of the other numbers reported by ENIL:

    The company’s EBIDTA in Q3-2016 at Rs 49.74 crore (34.6 per cent margin) was 11.6 per cent higher YoY as compared to Rs 44.58 crore (38.2 per cent margin) and was 39.3 per cent higher QoQ as compared to Rs 35.71 crore (30.7 per cent margin) in the previous quarter.

    ENIL total expense (TE) in Q3-2016 at Rs 102.74 crore (71.6 per cent of TIO) was 27.6 per cent higher YoY as compared to Rs 80.53 crore (69 per cent of TIO) and was 13.1 per cent higher QoQ as compared to Rs 90.86 crore (78.1 per cent of TIO) in Q2-2016.

    ENIL paid 17.5 per cent higher license fee in Q3-2016 at Rs 6.87 crore (4.8 per cent of TIO) as compared to Rs 5.84 crore (five per cent of TIO), but 12.3 per cent lower than the Rs 7.83 crore (6.7 per cent of TIO) in Q2-2016.

    The company’s marketing expense in Q3-2016 at Rs 31.78 crore (22.1 per cent of TIO) was 53.3 per cent more YoY as compared to Rs 20.73 crore (17.8 per cent of TIO) and was more than double (2.06 times) QoQ as compared to Rs 15.47 crore (13.3 per cent of TIO) in Q2-2016.

    The company’s programming and royalty expenses in the current quarter increased 20.6 per cent to Rs 4.77 crore (3.3 per cent of TIO) as compared to Rs 3.96 crore (3.4 per cent of TIO) in the corresponding year ago quarter and was 13.1 per cent higher than the Rs 4.22 crore (3.6 per cent of TIO) in Q2-2016.

    Other expenses in Q3-2016 at Rs 25.72 crore (17.9 per cent of TIO) was 24 per cent higher YoY as compared to Rs 20.73 crore (17.8 per cent of TIO) but was 18 per cent lower as compared to Rs 31.37 crore (21 per cent of TIO) in the immediate trailing quarter.

    Employee Benefit Expense (EBE) in Q3-2016 at Rs 24.70 crore (17.2 per cent of TIO) was 16.5 per cent more YoY as compared to Rs 21.21 crore (18.2 per cent of TIO) and was 14 per cent more QoQ as compared to Rs 21.67 crore (18.6 per cent of TIO).

    ENIL managing director and CEO Prashant Panday said, “The festive quarter has been a terrific one for us! We have grown by 23 per cent in Q3 this year after having grown at 19 per cent in the same quarter last year. With the roll-outs of Phase-3 stations well underway, we hope to see rapid growth in the years to come. The next five years belong to radio!”

    ENIL’s participation in the first batch of Phase-3 auctions resulted in an expansion of its footprint into seven new towns namely Chandigarh, Kochi, Kozhikode, Jammu, Srinagar, Guwahati and Shillong.

    Radio Mirchi with Delhi International Airport (P) Limited (DIAL) has recently launched ‘Mirchi T3’ radio at Terminal 3 of Delhi Airport. With Mirchi T3, Radio Mirchi looks to cater to the niche group of premium listeners who frequent the airport.

  • Q3-2016: ENIL reports 23% YoY revenue

    Q3-2016: ENIL reports 23% YoY revenue

    BENGALURU: Indian private FM player Entertainment Network (India) Limited (ENIL) reported 22.9 per cent YoY increase in Total Income from Operations (TIO) in the quarter ended 31 December, 2015 (Q3-2016, current quarter) at Rs 143.57 crore as compared to the Rs 117.69 crore and 23.5 per cent higher QoQ as compared to Rs 116.27 crore in the immediate trailing quarter.

    The company’s profit after tax (PAT) in Q3-2016 declined 18.8 per cent to Rs 26.99 crore (18.8 per cent margin) as compared to Rs 32.84 crore (28.1 per cent margin) and was flat QoQ as compared to Rs 26.97 crore (23.2 per cent margin) in Q2-2016. The company had entered the Rs 100 crore PAT club in FY-2015 with a PAT of Rs 105.98 crore (24.2 per cent margin) on a TIO of Rs 483.48 crore.

    Notes: (1) 100,00,000 = 100 Lakhs = 10 million = 1 crore

    (2) The numbers in this report are consolidated unless stated otherwise.

    Let us look at some of the other numbers reported by ENIL:

    The company’s EBIDTA in Q3-2016 at Rs 49.74 crore (34.6 per cent margin) was 11.6 per cent higher YoY as compared to Rs 44.58 crore (38.2 per cent margin) and was 39.3 per cent higher QoQ as compared to Rs 35.71 crore (30.7 per cent margin) in the previous quarter.

    ENIL total expense (TE) in Q3-2016 at Rs 102.74 crore (71.6 per cent of TIO) was 27.6 per cent higher YoY as compared to Rs 80.53 crore (69 per cent of TIO) and was 13.1 per cent higher QoQ as compared to Rs 90.86 crore (78.1 per cent of TIO) in Q2-2016.

    ENIL paid 17.5 per cent higher license fee in Q3-2016 at Rs 6.87 crore (4.8 per cent of TIO) as compared to Rs 5.84 crore (five per cent of TIO), but 12.3 per cent lower than the Rs 7.83 crore (6.7 per cent of TIO) in Q2-2016.

    The company’s marketing expense in Q3-2016 at Rs 31.78 crore (22.1 per cent of TIO) was 53.3 per cent more YoY as compared to Rs 20.73 crore (17.8 per cent of TIO) and was more than double (2.06 times) QoQ as compared to Rs 15.47 crore (13.3 per cent of TIO) in Q2-2016.

    The company’s programming and royalty expenses in the current quarter increased 20.6 per cent to Rs 4.77 crore (3.3 per cent of TIO) as compared to Rs 3.96 crore (3.4 per cent of TIO) in the corresponding year ago quarter and was 13.1 per cent higher than the Rs 4.22 crore (3.6 per cent of TIO) in Q2-2016.

    Other expenses in Q3-2016 at Rs 25.72 crore (17.9 per cent of TIO) was 24 per cent higher YoY as compared to Rs 20.73 crore (17.8 per cent of TIO) but was 18 per cent lower as compared to Rs 31.37 crore (21 per cent of TIO) in the immediate trailing quarter.

    Employee Benefit Expense (EBE) in Q3-2016 at Rs 24.70 crore (17.2 per cent of TIO) was 16.5 per cent more YoY as compared to Rs 21.21 crore (18.2 per cent of TIO) and was 14 per cent more QoQ as compared to Rs 21.67 crore (18.6 per cent of TIO).

    ENIL managing director and CEO Prashant Panday said, “The festive quarter has been a terrific one for us! We have grown by 23 per cent in Q3 this year after having grown at 19 per cent in the same quarter last year. With the roll-outs of Phase-3 stations well underway, we hope to see rapid growth in the years to come. The next five years belong to radio!”

    ENIL’s participation in the first batch of Phase-3 auctions resulted in an expansion of its footprint into seven new towns namely Chandigarh, Kochi, Kozhikode, Jammu, Srinagar, Guwahati and Shillong.

    Radio Mirchi with Delhi International Airport (P) Limited (DIAL) has recently launched ‘Mirchi T3’ radio at Terminal 3 of Delhi Airport. With Mirchi T3, Radio Mirchi looks to cater to the niche group of premium listeners who frequent the airport.

  • Q3-2016: Zee Learn YoY revenue up 12.4 percent; PAT doubles

    Q3-2016: Zee Learn YoY revenue up 12.4 percent; PAT doubles

    BENGALURU: The Essel group’s education company Zee Learn Limited (Zee Learn) reported 12.4 percent higher YoY Total Income from Operations (TIO, revenue) in the quarter ended December 31, 2015 (Q3-2016,current quarter) at Rs 22.29 crore as compared to Rs 19.84 crore , but was 27.4 percent lower QoQ than Rs 30.70 crore.

     

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

     

    The company’s Profit after tax (PAT) in the current quarter more than doubled YoY (up 2.07 times) at Rs 2.27 crore (10.2 percent margin) as compared to Rs 1.09 crore (5.5 percent margin) and was 2.1 times higher QoQ as compared  to Rs 1.08 crore.

     

    Let us look at the other numbers reported by Zee Learn

     

    Zee Learn’s Total expenditure (TE) in Q3-2016 at Rs 17.20 crore (77.2 percent of TIO) was 1.7 percent higher YoY as compared to Rs 16.91 crore (85.2 percent of TIO), but was 3.49 percent klowerr QoQ as compared to Rs 25.43 crore (86.1 percent of TIO).

     

    Employee Benefit Expense (EBE) in Q3-2016 at Rs 5.99 crore (26.9 percent of TIO) was 5.4 percent as compared to Rs 6.33 crore (31.9 percent of TIO) and was 17.4 percent lower QoQ as compared to Rs 7.25 crore.

     

    In Q3-2016, Zee Learn’s operating cost at Rs 0.64 crore (2.9 percent of IO) was 14.6 percent lower YoY as compared to Rs 0.75 crore (3.8 percent of TIO) and was 24.2 percent lower as compared to Rs 0.85 crore (2.8 percent of TIO).

     

    The company’s marketing, advertisement and publicity expense (marketing expense) for Q3-2016 at Rs 0.58 crore (2.6 percent of TIO) was 58.5 percent lower YoY than the Rs 1.40 crore (7.1 percent of TIO) and was 67.4 percent lower QoQ as compared to Rs 1.78 crore (5.8 percent of TIO) in the immediate trailing quarter.

     

    Other expense in Q3-2016 at Rs 6.07 crore (27.3 percent of TIO) was 40.9 percent more YoY as compared to Rs 4.31 crore (21.7 percent of TIO) and was 18.6 percent lower QoQ as compared to Rs 7.46 crore (24.3 percent of TIO).

     

    Zee Learn says that on June 28, 2015 a fire occurred in one of the warehouses of the company at Bhiwandi near Mumbai and the inventory of educational material lying at the said warehouse amounting to Rs 1416.61 lakh got completely destroyed. Further, Zee Learn says that it has lodged a claim with the Insurance company for the loss incurred. Pending the settlement of insurance claim, the loss is accounted as ‘Claims Receivables’ under other Current Assets to the extent of the above amount. On settlement of the claim by the Insurance company, the difference in loss claim and actual claim received , if any, will be charged to the Statement of Profit and Loss Account.

  • Q3-2016: Zee Learn YoY revenue up 12.4 percent; PAT doubles

    Q3-2016: Zee Learn YoY revenue up 12.4 percent; PAT doubles

    BENGALURU: The Essel group’s education company Zee Learn Limited (Zee Learn) reported 12.4 percent higher YoY Total Income from Operations (TIO, revenue) in the quarter ended December 31, 2015 (Q3-2016,current quarter) at Rs 22.29 crore as compared to Rs 19.84 crore , but was 27.4 percent lower QoQ than Rs 30.70 crore.

     

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

     

    The company’s Profit after tax (PAT) in the current quarter more than doubled YoY (up 2.07 times) at Rs 2.27 crore (10.2 percent margin) as compared to Rs 1.09 crore (5.5 percent margin) and was 2.1 times higher QoQ as compared  to Rs 1.08 crore.

     

    Let us look at the other numbers reported by Zee Learn

     

    Zee Learn’s Total expenditure (TE) in Q3-2016 at Rs 17.20 crore (77.2 percent of TIO) was 1.7 percent higher YoY as compared to Rs 16.91 crore (85.2 percent of TIO), but was 3.49 percent klowerr QoQ as compared to Rs 25.43 crore (86.1 percent of TIO).

     

    Employee Benefit Expense (EBE) in Q3-2016 at Rs 5.99 crore (26.9 percent of TIO) was 5.4 percent as compared to Rs 6.33 crore (31.9 percent of TIO) and was 17.4 percent lower QoQ as compared to Rs 7.25 crore.

     

    In Q3-2016, Zee Learn’s operating cost at Rs 0.64 crore (2.9 percent of IO) was 14.6 percent lower YoY as compared to Rs 0.75 crore (3.8 percent of TIO) and was 24.2 percent lower as compared to Rs 0.85 crore (2.8 percent of TIO).

     

    The company’s marketing, advertisement and publicity expense (marketing expense) for Q3-2016 at Rs 0.58 crore (2.6 percent of TIO) was 58.5 percent lower YoY than the Rs 1.40 crore (7.1 percent of TIO) and was 67.4 percent lower QoQ as compared to Rs 1.78 crore (5.8 percent of TIO) in the immediate trailing quarter.

     

    Other expense in Q3-2016 at Rs 6.07 crore (27.3 percent of TIO) was 40.9 percent more YoY as compared to Rs 4.31 crore (21.7 percent of TIO) and was 18.6 percent lower QoQ as compared to Rs 7.46 crore (24.3 percent of TIO).

     

    Zee Learn says that on June 28, 2015 a fire occurred in one of the warehouses of the company at Bhiwandi near Mumbai and the inventory of educational material lying at the said warehouse amounting to Rs 1416.61 lakh got completely destroyed. Further, Zee Learn says that it has lodged a claim with the Insurance company for the loss incurred. Pending the settlement of insurance claim, the loss is accounted as ‘Claims Receivables’ under other Current Assets to the extent of the above amount. On settlement of the claim by the Insurance company, the difference in loss claim and actual claim received , if any, will be charged to the Statement of Profit and Loss Account.

  • Q2-2016: DQ Entertainment PAT up 45.6%

    Q2-2016: DQ Entertainment PAT up 45.6%

    BENGALURU: The Tapas Chakravarti led DQ Entertainment (International) Limited (DQEIL) reported 45.6 per cent YoY higher Profit after Tax (PAT) for the quarter ended 30 September, 2015 (Q2-2016, current quarter) at Rs 21.02 crore (43.9 per cent margin) from Rs 14.43 crore (27.4 per cent margin). The company had reported loss of Rs 12.65 crore in the immediate trailing quarter.

     

    Note: (1) 100,00,000 = 100 Lakhs = 10 million = 1 crore

    (2) All numbers are consolidated unless stated otherwise.

     

    Segment Performance

     

    The company’s Animation segment reported an operating profit of Rs 20.66 crore in Q2-2016 from operating revenue of Rs 39.41 crore as compared to the operating profit of Rs 23.63 crore from operating revenue of Rs 39.94 crore in Q2-2015 and an operating profit of Rs 2.08 crore from operating revenue of Rs 23.93 crore in the immediate trailing quarter.

     

    The company’s distribution segment reported an operating loss of Rs 0.15 crore on operating revenue of Rs 8.45 crore in Q2-2016 as compared to the operating profit of Rs 12.02 crore on operating revenue of Rs 12.71 crore in Q2-2015 and an operating loss of Rs 6.51 crore on operating revenue of Rs 1.80 crore in Q1-2016.

     

    Let us look at the other numbers reported by DQEIL:

     

    DQEIL reported 9.1 per cent YoY reduction in total income from operations (TIO) in Q2-2016 to Rs 47.85 crore from Rs 52.64 crore, but an 86 per cent QoQ increase from Rs 25.73 crore.

     

    Total Expenditure in Q2-2016 increased 12.9 per cent YoY to Rs 28.50 crore (59.6 per cent of TIO)  from Rs 25.24 crore (47.9 per cent of TIO) but reduced 3.8 per cent QoQ from Rs  Rs 29.62 crore (115.1 per cent of TIO).

     

    The company’s finance expense in Q2-2016 was almost double (increased 98.1 percent) at Rs 14.86 crore (31.1 per cent of TIO) as compared to the Rs 7.50 crore (14.2 per cent of TIO) in Q2-2015 and increased 2.1 per cent QoQ from Rs 14.56 crore (56.6 per cent of TIO).

     

    DQEIL Production expense (PE) in Q2-2016 reduced 6.1 per cent YoY to Rs 1.67 crore (3.5 per cent of TIO) from Rs 1.78 crore (3.4 per cent of TIO) and reduced 55.5 per cent QoQ from Rs 3.75 crore (14.6 per cent of TIO).

     

    The company’s Employee Expense (EBE) in Q2-2016 at Rs 14.30 crore (29.9 per cent of TIO) reduced 6.8 per cent YoY from Rs 15.34 crore (29.1 per cent of TIO), but increased 7.5 per cent from Rs 13.30 crore (51.7 per cent of TIO) in Q1-2016.

  • Q1-16: Prime Focus YoY revenue up 28.1 percent

    Q1-16: Prime Focus YoY revenue up 28.1 percent

    BENGALURU: Prime Focus Limited (PFL) has reported a 28.1 percent YoY revenue growth for the quarter ending September 30, 2015 (Q1-2016, current quarter) at Rs 448.57 crore as compared to the Rs 350.17 crore in Q1-2015. However, QoQ, the company’s revenue declined 13.4 percent from Rs 518.21 crore.

    Notes: (1) 100,00,000 = 100 lakh = 10 million =1 crore

    (2) The company had filed results for a fifteen month period ended June 30, 2014, hence YoY comparison is being done between Q1-2016 and Q1-2015 and QoQ comparison is between Q1-2016 and  Q4-2015 (quarter ended June, 2015).

    The company’s quarterly bottom line has been negatively affected due to significant exceptional costs primarily in relation to previously announced divestiture of PFL PLC and planned restructuring / integration costs in relation to the merger with Double Negative. In Q1-2016, this amounted to Rs 12.26 crore, in Q4-2015 it was 159.29 crore and in Q1-2015 this figure was Rs 34.27 crore.

    The company reported a net loss of Rs 22.51 crore in Q1-2016; a loss of Rs 22.01 crore in Q1-2015 and a loss of Rs 213.76 crore in the immediate trailing quarter Q4-2015.

    The company’s simple EBIDTA for Q1-2016 at Rs 52.07 crore (11.6 percent margin) more than quadrupled (4.7 times) YoY from Rs 11.19 crore (3.2 percent margin, but declined 39.6 percent from Rs 86.17 crore (16.6 percent margin) in Q4-2015.

    Let us look at the other numbers reported by PFL

    Figures A and B below show PFL’s major expense heads. As is obvious, a major expense head for the company is employee benefit expense or EBE.

    PFL’s EBE in Q1-2016 at Rs 282.57 crore (61.6 percent of TIO) increased 21.4 percent YoY from Rs 232.77 crore (60.4 percent of TIO) and increased 7.4 percent QoQ from Q4-2015 at Rs 263.11 crore (50.8 percent of TIO).

    Technician’s Fees in the current quarter increased 53.8 percent YoY to Rs 9.77 crore (2.2 percent of TIO) from Rs 6.35 crore (1.8 percent of TIO) and increased 6.1 percent QoQ from Rs 9.21 crore (1.8 percent of TIO)

    Fig B indicates that EBE also shows a linear upward trend in terms of percentage of TIO over the eleven quarters starting Q4-2013 until the current quarter Q1-2016.  EBE has been the highest in Q1-2016 (61.6 percent) in terms of absolute rupees, but in terms of percentage of TIO, it was highest in Q3-2015 at 64 percent

    Finance and Interest costs in Q1-2016 at Rs 17.75 crore (4 percent of TIO) increased 12 percent YoY from Rs 15.84 crore (4.5 percent of TIO), but declined 30.1 percent QoQ from Rs 25.39 crore (4.9 percent of TIO).

  • Q2-2016: Just Dial revenue up 16.2%; PAT up 47%

    Q2-2016: Just Dial revenue up 16.2%; PAT up 47%

    BENGALURU: Indian search engine and directory services provider Just Dial Limited (Just Dial) reported a 16.2 per cent jump its total income from operations (TIO) in the quarter ended 30 September, 2015 (Q2-2016, current quarter) to Rs 171.27 crore as compared to the Rs 147.50 crore in Q2-2105 and 1.6 per cent growth as compared to Rs 168.62 crore in Q1-2016.

     

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

    The numbers in this report are unaudited and unconsolidated.

     

    Let us look at the other numbers reported by Just Dial:

     

    Just Dial’s PAT for Q2-2016 increased 47 per cent to Rs 46.30 crore (27 per cent margin) as compared to the Rs 31.49 crore (21.4 per cent margin) and increased 39.6 per cent to Rs 33.17 crore (19.7 per cent margin) in Q1-2016.

     

    Simple EBIDTA in Q2-2016 at Rs 39.72 crore (23.2 per cent margin) declined 6.8 per cent from Rs 42.6 crore (25.3 per cent margin) in Q2-2015 and declined 18 per cent from Rs 48.42 crore (28.7 margin) in the immediate trailing quarter.

     

    The company’s Total Expenditure (TE) in Q2-2016 at Rs 139.44 crore (81.4 per cent of TIO) was 25.5 per cent more than the Rs 111.11 crore (75.4 per cent of TIO) in Q2-2015 and 9.9 per cent more than the Rs 126.93 crore (75.3 per cent of TIO) in Q1-2016.

     

    Employee Benefit Expense (EBE) is the major expense head for Just Dial. EBE in Q2-2016 at Rs 96.18 crore (56.2 per cent of TIO) was 26.9 per cent more than the Rs 75.78 crore (51.4 per cent of TIO) in Q2-2015 and was 9.2 per cent more than the Rs 88.11 crore (52.3 per cent of TIO) in Q1-2016.