ITV

Tag: EBIDTA

  • Q3-2016: Den revenue up 31%, reports operating profit of Rs 43 crore

    Q3-2016: Den revenue up 31%, reports operating profit of Rs 43 crore

    BENGALURU: Den Networks Ltd reported 31 per cent YoY growth in consolidated Total Income from operations (TIO) in the quarter ended 31 December, 2015 (Q3-2016, current quarter) at Rs 352.18 crore as compared to Rs 268.81 crore. TIO increased 29.8 per cent QoQ as compared to Rs 271.29 crore. The company reported EBIDTA of Rs 42.99 crore (12.2 per cent margin) in the current quarter as compared to an operating profit of Rs 0.28 crore (0.1 per cent margin) in Q3-2015 and an operating loss of Rs 11.27 crore in the immediate trailing quarter.

     

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

     

    Den reported a lower YoY and QoQ consolidated loss of Rs 48.37 crore in the current quarter as compared to a loss of Rs 62.60 crore in Q3-2015 and a loss of Rs 75.23 crore in the immediate trailing quarter.

     

    Segment Revenue

     

    Three segments contribute to Den’s revenue: Cable distribution network segment (Cable); Broadband segment and Soccer segment

     

    Cable segment reported 26.3 per cent YoY revenue growth at Rs 326.43 crore as compared to Rs 258.55 crore and 24.1 per cent QoQ growth as compared to Rs 263.06 crore. The cable segment reported an operating profit of Rs 32.64 crore, an operating loss of Rs 0.35 crore in Q3-2015 and an operating loss of Rs 32.11 crore in the immediate trailing quarter.

     

    The company’s broadband segment revenue increased by over five times YoY (5.5 times) at Rs 11.96 crore (3.4 per cent of TIO) as compared to Rs 2.17 crore (0.8 per cent of TIO) and increased 58 per cent QoQ as compared to Rs 8.23 crore (three per cent of TIO). The segment’s YoY operating loss increased to Rs 19.57 crore as compared to Rs 12.37 crore, but reduced QoQ as compared to Rs 23.07 crore.

     

    Den’s Soccer segment reported revenue of Rs 13.97 crore as compared to Rs 8.09 crore in Q3-2015 and nil revenue in Q2-2016. Soccer segment reported lower YoY operating loss of Rs 26.11 crore as compared to Rs 35.21 crore, but higher QoQ than the Rs 8.57 crore.

     

    Den’s Total Expenditure in the current quarter increased 15.3 per cent YoY to Rs 365.23 crore (103.7 per cent of TIO) as compared to Rs 316.74 crore (117.8 per cent of TIO) and increased nine per cent QoQ as compared to Rs 335.04 crore (123.5 per cent).

     

    Content cost in Q3-2016 increased 19.9 per cent YoY to Rs 131.94 crore (37.5 per cent of TIO) as compared to Rs 110.06 crore (40.9 per cent of TIO), but reduced 3.5 per cent YoY as compared to Rs 136.77 crore (50.4 per cent of TIO).

     

    Finance costs in the current quarter reduced 15.7 per cent YoY to Rs 19.73 crore (5.6 per cent of TIO) as compared to Rs 23.41 crore (8.7 per cent of TIO) and reduced 7.2 per cent QoQ as compared to Rs 21.25 crore (7.8 per cent of TIO).

  • Q3-2016: Adlabs revenue up 8% on 22% footfall growth

    Q3-2016: Adlabs revenue up 8% on 22% footfall growth

    BENGALURU: Adlabs Entertainment Limited (Adlabs) reported a 7.8 per cent YoY growth in Total Income from operations (TIO) in the quarter ended 31 December, 2015 (Q3-2016) at Rs 73.19 crore as compared to Rs 67.92 crore and almost double (up 1.97 times) the Rs 37.21 crore reported for Q2-2016. The company reported a 22.5 per cent YoY growth in footfalls in the current quarter at 4,49,621 footfalls as compared to 3,67,019 footfalls and 81.2 per cent higher QoQ than the 2,48,123 footfalls in the immediate trailing quarter.

     

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

     (2) All numbers in this report are standalone unless stated otherwise

     

    The company’s EBIDTA in Q3-2016 increased 9.3 per cent YoY in the current quarter at Rs 14.78 crore (20.2 per cent margin) as compared to Rs 13.53 crore (19.9 margin) and a negative EBIDTA of Rs 6.26 crore in the immediate trailing quarter.

     

    Let us look at the other numbers reported by Adlabs

     

    Total Expenditure in Q3-2016 increased 9.8 per cent YoY to Rs 82.19 crore (112.3 per cent of TIO) as compared 74.84 crore (110.2 per cent of TIO) and was 26.5 per cent higher QoQ as compared to Rs 64.99 crore (174.7 per cent of TIO).

     

    A major expense head for Adlabs is Employee Benefits Expense (EBE). EBE in Q3-2016 declined 2.3 per cent YoY to Rs 14.06 crore (19.2 per cent of TIO) from Rs 14.39 crore (21.2 per cent of TIO) in Q3-2015, and declined 5.3 per cent QoQ from Rs 14.85 crore (39.9 per cent of TIO).

     

    Loss in the current quarter was higher YoY at Rs 25.2 crore as compared to Rs 22.39 crore, but lower QoQ as compared to Rs 34.73 crore in the immediate trailing quarter.

     

    Segment performance

     

    Five segments contribute to Adlabs revenue. They are: Tickets; Food and Beverages (F&B); Merchandise; Hotel; and Other Operations.

     

    The largest segment, Tickets reported a 10.4 per cent YoY decline in revenue in Q3-2016 at Rs 45.78 crore as compared to Rs 51.09 crore, but an 86.2 per cent QoQ increase as compared to Rs 24.58 crore. The segment reported a higher YoY operating loss at Rs 11.47 crore as compared to an operating loss of Rs 9.41 crore but lower QoQ operating loss as compared to Rs 28.17 crore.

     

    F&B segment reported 35.2 per cent YoY revenue growth at Rs 14.19 crore as compared to Rs 10.50 crore and more than double (2.17 times) QoQ as compared to Rs 6.53 crore. The segment reported a 14.4 per cent YoY growth in operating profit at Rs 4.79 crore as compared to Rs 4.19 crore and was more than triple (3.37 times) QoQ as compared to Rs 1.42 crore.

     

    Adlabs Merchandise segment reported 15.8 per cent higher revenue in Q3-2016 at Rs 6.23 crore as compared to Rs 5.38 crore in the corresponding year ago quarter and was 73 per cent more than the Rs 3.6 crore in the immediate trailing quarter. The segment reported more than double (2.5 times) YoY growth in operating profit at Rs 1.07 crore as compared to Rs 0.43 crore and 21.9 per cent higher QoQ operating profit as compared to Rs 0.88 crore.

     

    The Hotel segment is a new segment hence no comparable YoY numbers are available. QoQ, the segment reported over seven times (7.6 times) growth in revenue to Rs 4.73 crore as compared to Rs 0.62 crore. The segment reported a loss of Rs 1.89 crore in Q3-2016 as compared to a loss of Rs 0.61 crore in Q2-2016.

     

    Other Operations segment reported revenue of Rs 2.26 crore in the current quarter; Rs 0.96 crore in Q3-2015 and Rs 1.88 crore in Q2-2016. The segment reported operating profit of Rs 0.66 crore in Q3-2016, operating loss of Rs 0.45 crore in Q2-2015 and an operating profit of Rs 0.62 crore in Q2-2016.

     

    Company speak

     

    Adlabs CEO Kapil Bagla said, “The footfalls to both parks Imagica and Aquamagica put together in this quarter equals 4.49 lakh vs 3.67 lakh, signifying a growth of 23 per cent on YoY basis. We are also happy to share with you that on 27 December, 2015, we entertained the highest single day footfalls of 14,128 in Imagica. We are extremely enthused by the performance of our Hotel Novotel Imagica for Q3 average occupancy of the hotel stood at a healthy 75 per cent with an average room rate (ARR) of Rs 5,800 plus. The hotel has consistently generated excellent customer feedback and reviews. In December we achieved the milestone or entertaining three million guests in our parks in 2.5 years since the launch of Imagica in 2013, probably the fastest and highest ramp-up of any outdoor destination in the country.”

  • Q3-2016: Adlabs revenue up 8% on 22% footfall growth

    Q3-2016: Adlabs revenue up 8% on 22% footfall growth

    BENGALURU: Adlabs Entertainment Limited (Adlabs) reported a 7.8 per cent YoY growth in Total Income from operations (TIO) in the quarter ended 31 December, 2015 (Q3-2016) at Rs 73.19 crore as compared to Rs 67.92 crore and almost double (up 1.97 times) the Rs 37.21 crore reported for Q2-2016. The company reported a 22.5 per cent YoY growth in footfalls in the current quarter at 4,49,621 footfalls as compared to 3,67,019 footfalls and 81.2 per cent higher QoQ than the 2,48,123 footfalls in the immediate trailing quarter.

     

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

     (2) All numbers in this report are standalone unless stated otherwise

     

    The company’s EBIDTA in Q3-2016 increased 9.3 per cent YoY in the current quarter at Rs 14.78 crore (20.2 per cent margin) as compared to Rs 13.53 crore (19.9 margin) and a negative EBIDTA of Rs 6.26 crore in the immediate trailing quarter.

     

    Let us look at the other numbers reported by Adlabs

     

    Total Expenditure in Q3-2016 increased 9.8 per cent YoY to Rs 82.19 crore (112.3 per cent of TIO) as compared 74.84 crore (110.2 per cent of TIO) and was 26.5 per cent higher QoQ as compared to Rs 64.99 crore (174.7 per cent of TIO).

     

    A major expense head for Adlabs is Employee Benefits Expense (EBE). EBE in Q3-2016 declined 2.3 per cent YoY to Rs 14.06 crore (19.2 per cent of TIO) from Rs 14.39 crore (21.2 per cent of TIO) in Q3-2015, and declined 5.3 per cent QoQ from Rs 14.85 crore (39.9 per cent of TIO).

     

    Loss in the current quarter was higher YoY at Rs 25.2 crore as compared to Rs 22.39 crore, but lower QoQ as compared to Rs 34.73 crore in the immediate trailing quarter.

     

    Segment performance

     

    Five segments contribute to Adlabs revenue. They are: Tickets; Food and Beverages (F&B); Merchandise; Hotel; and Other Operations.

     

    The largest segment, Tickets reported a 10.4 per cent YoY decline in revenue in Q3-2016 at Rs 45.78 crore as compared to Rs 51.09 crore, but an 86.2 per cent QoQ increase as compared to Rs 24.58 crore. The segment reported a higher YoY operating loss at Rs 11.47 crore as compared to an operating loss of Rs 9.41 crore but lower QoQ operating loss as compared to Rs 28.17 crore.

     

    F&B segment reported 35.2 per cent YoY revenue growth at Rs 14.19 crore as compared to Rs 10.50 crore and more than double (2.17 times) QoQ as compared to Rs 6.53 crore. The segment reported a 14.4 per cent YoY growth in operating profit at Rs 4.79 crore as compared to Rs 4.19 crore and was more than triple (3.37 times) QoQ as compared to Rs 1.42 crore.

     

    Adlabs Merchandise segment reported 15.8 per cent higher revenue in Q3-2016 at Rs 6.23 crore as compared to Rs 5.38 crore in the corresponding year ago quarter and was 73 per cent more than the Rs 3.6 crore in the immediate trailing quarter. The segment reported more than double (2.5 times) YoY growth in operating profit at Rs 1.07 crore as compared to Rs 0.43 crore and 21.9 per cent higher QoQ operating profit as compared to Rs 0.88 crore.

     

    The Hotel segment is a new segment hence no comparable YoY numbers are available. QoQ, the segment reported over seven times (7.6 times) growth in revenue to Rs 4.73 crore as compared to Rs 0.62 crore. The segment reported a loss of Rs 1.89 crore in Q3-2016 as compared to a loss of Rs 0.61 crore in Q2-2016.

     

    Other Operations segment reported revenue of Rs 2.26 crore in the current quarter; Rs 0.96 crore in Q3-2015 and Rs 1.88 crore in Q2-2016. The segment reported operating profit of Rs 0.66 crore in Q3-2016, operating loss of Rs 0.45 crore in Q2-2015 and an operating profit of Rs 0.62 crore in Q2-2016.

     

    Company speak

     

    Adlabs CEO Kapil Bagla said, “The footfalls to both parks Imagica and Aquamagica put together in this quarter equals 4.49 lakh vs 3.67 lakh, signifying a growth of 23 per cent on YoY basis. We are also happy to share with you that on 27 December, 2015, we entertained the highest single day footfalls of 14,128 in Imagica. We are extremely enthused by the performance of our Hotel Novotel Imagica for Q3 average occupancy of the hotel stood at a healthy 75 per cent with an average room rate (ARR) of Rs 5,800 plus. The hotel has consistently generated excellent customer feedback and reviews. In December we achieved the milestone or entertaining three million guests in our parks in 2.5 years since the launch of Imagica in 2013, probably the fastest and highest ramp-up of any outdoor destination in the country.”

  • Q3-2016: Shemaroo reports 16% growth in revenue, PAT up 27%

    Q3-2016: Shemaroo reports 16% growth in revenue, PAT up 27%

    BENGALURU: Indian integrated media content house Shemaroo Entertainment Limited (Shemaroo) reported 15.7 per cent higher YoY consolidated Total Income from Operations (TIO) for the quarter ended 31 December, 2015 (Q3-2016, current quarter) at Rs 101 crore as compared to the Rs 87.28 crore in Q3-2015 and eight per cent more than the Rs 93.53 crore in Q2-2016.

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

    (2) All numbers are consolidated unless stated otherwise.

    Shemaroo’s consolidated PAT for the current quarter improved 27.9 per cent YoY to Rs 12.82 crore (12.7 per cent margin) as compared to the Rs 10.02 crore (11.5 per cent margin) and was 14.5 per cent more as compared to the Rs 11.20 crore (12 per cent margin) in Q2-2016.

    Shemaroo’s EBIDTA including other income at Rs 26.92 crore (26.7 per cent margin) increased 32.9 per cent YoY as compared to the Rs 20.26 crore (14.9 per cent margin) and increased 11 per cent QoQ from Rs 24.25 crore (25.9 per cent margin).

    The company’s Total Expenditure (TE) in Q3-2016 at Rs 75.32 crore (74.6 per cent of TIO) was 10 per cent more YOY than the Rs 68.50 crore (78.5 per cent of TIO) and was 6.3 per cent more QoQ than Rs 70.86 crore (75.7 per cent of TIO).

    The company’s cost of Raw Materials consumed decreased 60 per cent in Q3-2016 to Rs 54.39 crore (53.9 per cent of TIO) as compared to Rs 135.93 crore (155.7 per cent of TIO) and decreased 52.1 per cent QoQ as compared to Rs 113.58 crore (121.3 per cent of TIO).

    Employee Benefit Expense (EBE) in Q3-2015 increased 5.2 per cent YoY to Rs 5.48 crore (5.4 per cent of TIO) as compared to Rs 5.21 crore (3.8 per cent of TIO) and declined 8.8 per cent QoQ as compared to Rs 6.01 crore (6.4 per cent of TIO).

    Basic and undiluted EPS (not annualised) for Q3-2016 was Rs 4.72 , for Q2-2016 it was Rs Rs 4.12; in Q3-2015 EPS was Rs 4.60.

  • Q3-2016: Shemaroo reports 16% growth in revenue, PAT up 27%

    Q3-2016: Shemaroo reports 16% growth in revenue, PAT up 27%

    BENGALURU: Indian integrated media content house Shemaroo Entertainment Limited (Shemaroo) reported 15.7 per cent higher YoY consolidated Total Income from Operations (TIO) for the quarter ended 31 December, 2015 (Q3-2016, current quarter) at Rs 101 crore as compared to the Rs 87.28 crore in Q3-2015 and eight per cent more than the Rs 93.53 crore in Q2-2016.

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

    (2) All numbers are consolidated unless stated otherwise.

    Shemaroo’s consolidated PAT for the current quarter improved 27.9 per cent YoY to Rs 12.82 crore (12.7 per cent margin) as compared to the Rs 10.02 crore (11.5 per cent margin) and was 14.5 per cent more as compared to the Rs 11.20 crore (12 per cent margin) in Q2-2016.

    Shemaroo’s EBIDTA including other income at Rs 26.92 crore (26.7 per cent margin) increased 32.9 per cent YoY as compared to the Rs 20.26 crore (14.9 per cent margin) and increased 11 per cent QoQ from Rs 24.25 crore (25.9 per cent margin).

    The company’s Total Expenditure (TE) in Q3-2016 at Rs 75.32 crore (74.6 per cent of TIO) was 10 per cent more YOY than the Rs 68.50 crore (78.5 per cent of TIO) and was 6.3 per cent more QoQ than Rs 70.86 crore (75.7 per cent of TIO).

    The company’s cost of Raw Materials consumed decreased 60 per cent in Q3-2016 to Rs 54.39 crore (53.9 per cent of TIO) as compared to Rs 135.93 crore (155.7 per cent of TIO) and decreased 52.1 per cent QoQ as compared to Rs 113.58 crore (121.3 per cent of TIO).

    Employee Benefit Expense (EBE) in Q3-2015 increased 5.2 per cent YoY to Rs 5.48 crore (5.4 per cent of TIO) as compared to Rs 5.21 crore (3.8 per cent of TIO) and declined 8.8 per cent QoQ as compared to Rs 6.01 crore (6.4 per cent of TIO).

    Basic and undiluted EPS (not annualised) for Q3-2016 was Rs 4.72 , for Q2-2016 it was Rs Rs 4.12; in Q3-2015 EPS was Rs 4.60.

  • Q3-2016: Zee Media reports 3.3% revenue growth; print reports operating profit

    Q3-2016: Zee Media reports 3.3% revenue growth; print reports operating profit

    BENGALURU: Zee Media Corporation Limited (ZMCL) reported 3.3 per cent YoY growth in Total Income from Operations (TIO) to Rs 144.46 crore in the quarter ended 31 December, 2015 (Q3-2016, current quarter) as compared to the Rs 131.12 crore in Q3-2015. TIO in the current quarter was 6.1 per cent lower than the Rs 139.84 crore in Q3-2015. The company’s print segment reported an operating profit of Rs 0.98 crore as compared to an operating loss of Rs 3.29 crore in the corresponding year ago quarter.

     

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

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

     

    Consequently, ZMCL’s EBIDTA in the current quarter increased 24.9 per cent to Rs 20.97 crore as compared to Rs 16.79 crore in Q3-2015. ZMCL’s Television segment EBIDTA for the current quarter however was flat at Rs 19.99 crore as compared to the Rs 20.08 crore in Q3-2015. ZMCL’s EBIDTA in the immediate trailing quarter was much lower at Rs 6.71 crore.

     

    The company reported a lower loss of Rs 1.11 crore as compared to a loss of Rs 10.41 crore in Q3-2015 and a loss of Rs 16.98 crore in the immediate trailing quarter.

     

    The company’s advertising revenue in the current quarter also increased 3.3 per cent YoY to Rs 103.46 crore as compared to Rs 100.13 crore and increased 14.1 per cent QoQ from Rs 90.69 crore. Subscription revenue in Q3-2016 increased one per cent YoY to Rs 30.64 crore from Rs 30.33 and increased 12.5 per cent QoQ from Rs 27.24 crore.

     

    ZMCL’s Television segment reported 6.5 per cent YoY growth in revenue in Q3-2016 to Rs 116.42 crore from Rs 109.32 crore and 16.1 per cent QoQ growth from Rs 100.30 crore. Print segment declined 8.2 per cent YoY in the current quarter to Rs 28.04 crore from Rs 30.55 crore and increased 4.8 per cent QoQ from Rs 26.75 crore.

     

    The company has controlled its total expenditure in Q3-2015, which was almost flat (up by 0.3 per cent) YoY at Rs 123.49 crore as compared to Rs 123.08 crore and was 2.6 per cent more QoQ as compared to Rs 120.33 crore.

     

    Cost of goods and operations in the current quarter declined 7.9 per cent YoY to Rs 32.50 crore as compared to Rs 35.29 crore  and was 3.4 per cent lower QoQ than 33.64 crore. Employee Cost in the current quarter declined 4.1 per cent to Rs 38.15 crore from Rs 39.76 crore and was 1.1 per cent lower QoQ than the Rs 38.60 crore in the immediate trailing quarter.

     

    ZMCL group CEO – news cluster Bhaskar Das said, “With the country emerging as a star performer, media and entertainment industry is also hopeful of riding the growth wave. A double-digit upward swing in ad spends, as per early estimates this year, bodes well for ZMCL, especially when the corporation is charting a clutter bursting path to set itself apart from the commoditised content ecosystem. Our path breaking content propositions, which are finding expression in our evolved programming across channels, are bound to create an unmatched viewer vibrancy that will surely interest the ad vibrant sectors. At ZMCL, we have been quick to adapt to current global trends and tap newer and disruptive opportunities of growth anytime anywhere. A step in this direction is our focus on native communication that has helped us defy industry gravity and diversify our revenue risk. I am hopeful that we will continue to find new avenues of growth and sustain the competitive advantage that we have built over years.”

     

    ZMCL COO Rajendra Kumar Arora added, “ZMCL is an industry pioneer having perfected the art of driving operational efficiencies. It has been our constant endeavour to define and follow processes. As the industry slowly realises the relevance of technology in driving down costs, we at ZMCL have been at the forefront of using cutting-edge technology as an enabler in optimising expenditure. While we are innovatively experimenting with content and investing in it to generate impact, we are confident of maintaining a robust bottomline as we go ahead. The fact that we have been able to garner more

    eyeballs will, in near future, also provide an impetus to topline. Our improved EBITDA margins point to synergy in operations.”

  • Q3-2016: Zee Media reports 3.3% revenue growth; print reports operating profit

    Q3-2016: Zee Media reports 3.3% revenue growth; print reports operating profit

    BENGALURU: Zee Media Corporation Limited (ZMCL) reported 3.3 per cent YoY growth in Total Income from Operations (TIO) to Rs 144.46 crore in the quarter ended 31 December, 2015 (Q3-2016, current quarter) as compared to the Rs 131.12 crore in Q3-2015. TIO in the current quarter was 6.1 per cent lower than the Rs 139.84 crore in Q3-2015. The company’s print segment reported an operating profit of Rs 0.98 crore as compared to an operating loss of Rs 3.29 crore in the corresponding year ago quarter.

     

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

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

     

    Consequently, ZMCL’s EBIDTA in the current quarter increased 24.9 per cent to Rs 20.97 crore as compared to Rs 16.79 crore in Q3-2015. ZMCL’s Television segment EBIDTA for the current quarter however was flat at Rs 19.99 crore as compared to the Rs 20.08 crore in Q3-2015. ZMCL’s EBIDTA in the immediate trailing quarter was much lower at Rs 6.71 crore.

     

    The company reported a lower loss of Rs 1.11 crore as compared to a loss of Rs 10.41 crore in Q3-2015 and a loss of Rs 16.98 crore in the immediate trailing quarter.

     

    The company’s advertising revenue in the current quarter also increased 3.3 per cent YoY to Rs 103.46 crore as compared to Rs 100.13 crore and increased 14.1 per cent QoQ from Rs 90.69 crore. Subscription revenue in Q3-2016 increased one per cent YoY to Rs 30.64 crore from Rs 30.33 and increased 12.5 per cent QoQ from Rs 27.24 crore.

     

    ZMCL’s Television segment reported 6.5 per cent YoY growth in revenue in Q3-2016 to Rs 116.42 crore from Rs 109.32 crore and 16.1 per cent QoQ growth from Rs 100.30 crore. Print segment declined 8.2 per cent YoY in the current quarter to Rs 28.04 crore from Rs 30.55 crore and increased 4.8 per cent QoQ from Rs 26.75 crore.

     

    The company has controlled its total expenditure in Q3-2015, which was almost flat (up by 0.3 per cent) YoY at Rs 123.49 crore as compared to Rs 123.08 crore and was 2.6 per cent more QoQ as compared to Rs 120.33 crore.

     

    Cost of goods and operations in the current quarter declined 7.9 per cent YoY to Rs 32.50 crore as compared to Rs 35.29 crore  and was 3.4 per cent lower QoQ than 33.64 crore. Employee Cost in the current quarter declined 4.1 per cent to Rs 38.15 crore from Rs 39.76 crore and was 1.1 per cent lower QoQ than the Rs 38.60 crore in the immediate trailing quarter.

     

    ZMCL group CEO – news cluster Bhaskar Das said, “With the country emerging as a star performer, media and entertainment industry is also hopeful of riding the growth wave. A double-digit upward swing in ad spends, as per early estimates this year, bodes well for ZMCL, especially when the corporation is charting a clutter bursting path to set itself apart from the commoditised content ecosystem. Our path breaking content propositions, which are finding expression in our evolved programming across channels, are bound to create an unmatched viewer vibrancy that will surely interest the ad vibrant sectors. At ZMCL, we have been quick to adapt to current global trends and tap newer and disruptive opportunities of growth anytime anywhere. A step in this direction is our focus on native communication that has helped us defy industry gravity and diversify our revenue risk. I am hopeful that we will continue to find new avenues of growth and sustain the competitive advantage that we have built over years.”

     

    ZMCL COO Rajendra Kumar Arora added, “ZMCL is an industry pioneer having perfected the art of driving operational efficiencies. It has been our constant endeavour to define and follow processes. As the industry slowly realises the relevance of technology in driving down costs, we at ZMCL have been at the forefront of using cutting-edge technology as an enabler in optimising expenditure. While we are innovatively experimenting with content and investing in it to generate impact, we are confident of maintaining a robust bottomline as we go ahead. The fact that we have been able to garner more

    eyeballs will, in near future, also provide an impetus to topline. Our improved EBITDA margins point to synergy in operations.”

  • Q3-2016: Network18 YoY EBIDTA up 27.5%

    Q3-2016: Network18 YoY EBIDTA up 27.5%

    BENGALURU: Network18 Media & Investments Limited (Network18) reported 8.9 per cent YoY growth in consolidated income from operations (TIO) at Rs 905.6 crore in the quarter ended 31 December, 2015 (Q3-2016, current quarter) as compared to the Rs 831.9 crore and was 13 per cent higher QoQ as compared to Rs 801.1 crore.

     

    The company’s EBIDTA in the current quarter increased 27.5 per cent YoY to Rs 85.6 crore (9.5 per cent margin) from Rs 67.2 crore (8.1 per cent margin) and more than quadrupled (up 4.5 times) QoQ from Rs 19.2 crore.

     

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

     

    The company reported a lower consolidated YoY loss of Rs 2.4 crore for the current quarter than the loss of Rs 12.2 crore and less than one tenth QoQ loss as compared to Rs 27.43 crore.

     

    Network18 has holdings in TV18 Broadcast Limited (TV18). TV18 reported 14 per cent YoY growth in Income from operations (TIO) in Q3-2016 at Rs 692.42 crore as compared to Rs 607.23 crore and a 13.8 per cent QoQ growth as compared to Rs 608.53 crore. TV18 reported net profit after tax (PAT) for the current quarter at Rs 78.29 crore (11.3 per cent margin) as compared to Rs 60.38 crore in Q3-2015 (9.9 per cent margin) and Rs 20.27 crore (3.3 per cent margin) in the immediate trailing quarter.

     

    Network18 paid 5.1 per cent more YoY towards programming costs in the current quarter at Rs 212.5 crore (23.5 per cent of TIO) as compared to the Rs 202.1 crore (24.3 per cent of TIO) and was 11.5 per cent more QoQ as compared to Rs 190.6 crore (23.8 per cent of TIO).

     

    Network18’s distribution, advertisement and business promotion costs in Q3-2016 declined five per cent YoY to Rs 203.3 crore (22.4 per cent of TIO) and declined 2.4 per cent QoQ from Rs 208.2 crore (26 per cent of TIO).

     

    Network18’s employee benefit expense increased 11.3 per cent YOY in Q3-2016 to Rs 159.3 crore (17.6 per cent of TIO) as compared to Rs 143.1 crore (17.2 per cent of TIO), but declined two per cent from the Rs 162.5 crore (20.3 per cent of TIO.

     

    Network18’s finance costs in Q3-2016 declined 17.5 per cent YoY to Rs 22.7 crore (2.5 per cent of TIO) as compared to Rs 27.5 crore (3.3 per cent of TIO) and declined 1.7 per cent from Rs 23.1 crore (2.9 per cent of TIO).

  • Q2-2016: Trilogic EBIDTA up 17.5% YoY

    Q2-2016: Trilogic EBIDTA up 17.5% YoY

    BENGALURU: Indian broadcast management and audio visual content syndication company Trilogic Digital Media Limited’s (Trilogic) EBIDTA for the quarter ended 30 September, 2015 (Q2-2016, current quarter) increased 17.5 per cent YoY to Rs 1.57 crore (14.4 per cent margin) from Rs 1.33 crore (7.9 per cent margin). Quarter-on-quarter, the company’s EBIDTA in Q2-2016 declined to almost a third (reduced by 64.2 per cent) from Rs 4.37 crore (14.4 per cent margin).

     

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

    (2) All numbers are standalone unless stated otherwise.

     

    Trilogic’s Total Income from Operations (TIO) reduced 35.7 per cent YoY to Rs 10.86 crore from Rs 16.88 crore and reduced 38.4 per cent QoQ from Rs 17.64 crore.

     

    The company’s PAT in Q2-2016 reduced 3.7 per cent to Rs 0.81 crore (7.5 per cent margin) from Rs 0.84 crore (five per cent margin) in the corresponding year ago quarter and reduced to less than a third (fell by 71 per cent) from Rs 2.79 crore (7.5 per cent margin) in the immediate trailing quarter.

     

    Total Expenditure in the current quarter reduced 38.2 per cent YoY to Rs 9.36 crore (88.7 per cent of TIO) from Rs 15.57 crore (92.3 per cent of TIO) and reduced 29.2 per cent QoQ from Rs 13.60 crore (77.1 per cent of TIO).

     

    Employee Benefits Expense in Q2-2016 increased 17.4 per cent to Rs 0.20 crore (1.8 per cent of TIO) from Rs 0.17 crore (one per cent of TIO) in Q2-2015, but reduced 22.2 per cent from Rs 0.26 crore (1.8 per cent of TIO) in Q1-2016.

  • Q2-2016: UFO Moviez revenue up 18%, EBIDTA up 12.3%

    Q2-2016: UFO Moviez revenue up 18%, EBIDTA up 12.3%

    BENGALURU: Indian digital cinema distribution network and in-cinema advertising platform, UFO Moviez Limited (UFO) reported a 18 per cent YoY growth in consolidated income from operations (TIO) for the quarter ended 30 September, 2015 (Q2-2016, current quarter) at Rs 148.25 crore as compared to Rs 125.59 crore and 13.8 per cent more than the Rs 130.32 crore in the immediate trailing quarter. The company reported 12.3 per cent higher operating profit or EBIDTA for the current quarter at Rs 44.66 crore (30.1 per cent margin) as compared to the Rs 39.78 crore (31 per cent margin) and grew 10.7 per cent QoQ from Rs 40.34 crore (31 per cent margin).

     

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

     

    The company’s PAT in Q2-2016 increased 26.5 per cent to Rs 16.46 crore (11.1 per cent margin) as compared to Rs 13.01 crore (10.4 per cent margin) and increased 24.2 per cent QoQ from Rs 13.25 crore (10.4 per cent margin).

     

    UFO founder and managing director Sanjay Gaikwad said, “I am very pleased with UFO’s operating and financial performance during the first half of fiscal year 2016. We delivered strong growth in revenues driven by E Cinema VPF, sale of products and increase in advertisement volumes. Advertisement revenue growth was aided by increased stability due to repeat business from some of the top corporate clients. The benefits of operating leverage are also evident, combined with higher margins in advertising and strong balance sheet position, which has enhanced the overall profitability of the company.”

     

    “We are confident in our ability to deliver the targets we have set for the full year,” added UFO joint managing director Kapil Agarwal. “A healthy pipeline of movies in the second half offers strong visibility for growth. The prospect of growth in the advertising business looks promising. The expansion of Caravan Talkies is also progressing as per plan and we expect this business to begin contributing meaningfully at an operating level soon. In summary, we have a very well-established platform to leverage on and a strong set of plans to deliver growth.”

     

    Let us look at the other expense reported by the company:

     

    Total Expenses in Q2-2016 at Rs 123.22 crore (83.1 per cent of TIO) increased 17.3 per cent YoY from Rs 105.09 crore (83.7 per cent of TIO) and was 13.8 per cent more QoQ than the Rs 109.16 crore (83.8 per cent of TIO).

     

    The company’s expense towards purchase of digital cinema equipment and lamps in the current year increased 49.1 per cent to Rs 24.55 crore (16.6 per cent of TIO) as compared to the Rs 16.46 crore (13.1 per cent of TIO) in Q2-2015 and was 53.8 per cent higher QoQ as compared to Rs 15.96 crore (12.2 per cent of TIO).

     

    The company paid 7.9 higher amount towards advertisement revenue share in Q2-2016 at Rs 11.29 crore (7.6 per cent of TIO) as compared to the Rs 10.46 crore (8.3 per cent of TIO) in Q2-2015 and 7.6 per cent more QoQ from Rs 11.47 crore (8.8 per cent of TIO).

     

    Further, the company paid 32.1 per cent YoY more towards VPF share at Rs 19.99 crore (13.5 per cent of TIO) from Rs 15.06 crore (12 per cent of TIO) and 13.5 per cent more QoQ from Rs 16.23 crore (12.5 per cent of TIO).

     

    Half year results

     

    In H1-2016 (half- year ended 30 September, 2015), total consolidated revenues rose 20.2 per cent to Rs 280.20 crore from Rs 233.1 crore in H1-2015. EBITDA grew 12.4 per cent to Rs 86.8 in the current half year from Rs 77.3 crore. PBT increased 33.5 per cent to Rs 42.1 crore in H1-2016 from Rs 31.6 crore in the corresponding period of last year.

     

    PAT in H1-2016 grew 41.4 per cent to 29.7 crore from Rs 21 crore in H1-2015. The average number of advertisement minutes sold per show per screen increased to 3.83 in H1-2016 (half- year ended 30 September, 2015) as compared to the 2.92 minutes in HY-2015 and Advertisement revenue grew 37.8 per cent to Rs 70.7 crore in the current half-year as compared to Rs 51.3 crore in H1-2015.