ITV

Tag: Financial

  • Q1-2016: Hathway YoY revenue up 6%; Broadband subscription revenue up 56%

    Q1-2016: Hathway YoY revenue up 6%; Broadband subscription revenue up 56%

    BENGALURU: Indian multi system operator (MSO) Hathway Cable and Datacom Limited (Hathway) reported 5.7 per cent growth in standalone Total Income from Operations (TIO) in Q1-2016 (quarter ended 30 June, 2015, current quarter) to Rs 264,41 from Rs 250.11 crore in Q1-2015 and was 2.1 per cent lower than the Rs 270.03 crore in Q4-2015.

     

    The company’s EBIDTA in the current quarter declined 25.4 per cent to Rs 32.73 crore (12.8 per cent margin) as compared to the Rs 43.87 crore (17.5 per cent margin) in the corresponding year ago quarter but was 5.7 per cent more than the Rs 30.98 crore (11.5 per cent margin) in the immediate trailing quarter.

     

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

     

    Hathway’s loss in the current quarter widened to Rs 43.91 crore as compared to the Rs 0.93 crore in Q1-2015, but was considerably lower than the Rs 76.99 crore in Q4-2015.

     

    Subscription numbers

     

    Hathway’s television subscription revenue in Q1-2016 declined five per cent to Rs 105.5 crore as compared to the Rs 111 crore in Q1-2015 and declined 12.7 per cent as compared to the Rs 120.9 crore in Q4-2015. The company says that it has deployed one lakh set top boxes, taking its digital subscriber base to 86 lakh or 72.9 per cent of its total cable TV subscriber base of 118 lakh in the current quarter.

     

    Broadband subscription revenue in Q1-2016 at Rs 65.1 crore improved sharply by 56.5 per cent as compared to the Rs 41.6 crore in Q1-2015 and increased 12.8 per cent as compared to the Rs 57.7 crore in Q4-2015. The company says that it has added 50,000 broadband subscribers in Q1-2016, and claims a broadband subscriber base of 4.6 lakh, of which 1.7 lakh are under Docsis 3.0. Broadband ARPUs increased from Rs 530 to Rs 577 (exit Q1FY16) says Hathway.

     

    Hathway reported Phase I ARPU at Rs 100 (net of tax) and Phase II ARPU at Rs 76 (net of tax) in the current quarter as compared to Rs 67 (net of tax) in Q4 FY15.

     

    Let us look at the other numbers reported by Hathway

     

    Hathway’s standalone Total Expenditure in Q1-2016 increased 14.5 per cent to Rs 290.87 crore (110 per cent of TIO) as compared to the Rs 254.10 crore (101.6 per cent of TIO) in Q1-2015 but was 5.5 per cent lower than the Rs 307.66 crore (113.9 per cent of TIO) in Q4-2015.

     

    Standalone Pay Channel cost in Q1-2016 increased 8.8 per cent to Rs 93.32 crore (35.3 per cent of TIO) as compared to the Rs 85.81 crore (34.3 per cent of TIO) in Q1-2015 but was 13.1 per cent lower than the Rs 107.34 crore (39.8 per cent of TIO) in Q4-2015.

     

    Employee Benefit Expense in Q1-2016 increased 18.3 per cent at Rs 17.21 crore as compared to the Rs 14.55 crore in Q1-2015, and increased 1.2 per cent as compared to the Rs 17.01 crore in Q4-2015.

  • Q1-2016: Zee Media revenue up 1.3%, boosted by 15% jump in subscription rev

    Q1-2016: Zee Media revenue up 1.3%, boosted by 15% jump in subscription rev

    BENGALURU: Zee Media Corporation Limited (ZMCL) reported 1.3 per cent growth in Total Income from Operations (TIO) to Rs 135.26 crore in Q1-2016 (quarter ended 30 June, 2015) as compared to Rs 133.46 crore in Q1-2015, but 3.3 per cent lower than the Rs 139.88 crore in the immediate trailing quarter.

     

    The growth was due to a 15 per cent growth in subscription revenue in the current quarter at Rs 28.67 crore (21.2 per cent of TIO) as compared to the Rs 24.93 crore (18.7 per cent of TIO) in Q1-2015 partially offset by the 5.1 per cent decline in advertising revenue at Rs 96.75 crore (71.5 per cent of TIO) in Q1-2016 as compared to the Rs 101.92 crore (76.4 per cent of TIO) in Q1-2015.

     

    Subscription revenue in the immediate trailing quarter was however 5.1 per cent higher at Rs 30.21 crore and advertising revenue was 1.9 per cent higher at Rs 98.69 crore than the corresponding Q1-2016 revenue.

     

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

     

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

     

    Other Sales and services revenue in the current quarter at Rs 9.84 crore (7.3 per cent of TIO) was 48.9 per cent more than the Rs 6.61 crore (4.9 per cent of TIO) in Q1-2015, but 10.4 per cent lower than the Rs 10.98 crore (7.8 per cent of TIO) in the immediate trailing quarter.

     

    Television business advertising and subscription numbers

     

    Television advertising revenue in the current quarter was almost flat (declined 0.4 per cent) at Rs 79.72 crore as compared to the Rs 80.01 crore in the corresponding year ago quarter. Advertising revenue for new channels more than doubled (went up 2.1 times) to Rs 5.68 crore in Q1-2016 as compared to the Rs 2.71 crore in Q1-2015, while advertising revenue from the older existing channels declined 4.2 per cent to Rs 74.05 crore as compared to the Rs 77.30 crore in Q1-2015.

     

    Television subscription revenue in Q1-2016 increased 23 per cent to Rs 25.84 crore as compared to the Rs 21.01 crore in Q1-2015.

     

    Let us look at the other numbers reported by ZMCL

     

    ZMCL reported a lower loss of Rs 7.1 crore in Q1-2016 versus a loss of Rs 17.52 crore in Q1-2015 and loss of Rs 7.18 crore in Q4-2015.

     

    Total expense (TE) in Q1-2016 at Rs 133.01 crore was 7.5 per cent lower than the Rs 143.80 crore in Q1-2015 and 3.3 per cent lower than the Rs 137.48 crore in Q4-2015.

     

    ZMCL’s employee benefit expense (EBE) in Q1-2016 at Rs 42.11 crore was 5.4 per cent more than the Rs 39.55 crore in Q1-2015 and was seven per cent more than Rs 39.34 crore in Q4-2015.

     

    In Q1-2016, ZMCL’s operational cost at 20.79 was 36.9 per cent lower than the Rs 32.96 crore in Q1-2015 and 25.6 per cent less than the Rs 27.94 crore in Q4-2015.

     

    ZMCL News Cluster group CEO Bhaskar Das said, “We are exploring new areas of innovation, both in form and content, in such a way that media is again established as the fourth pillar of democracy. We seek to improve our understanding and increase our collaboration with the change agents who are creating a positive impact on the development of our country. This I am hopeful will help us break the clutter and create meaningful content differentiation in the highly fragmented news TV genre.”

     

    ZMCL CEO Ashish Kirpal Pandit added, ”As the company sets itself apart from the me-too content environment, we are hopeful that new-age advertisers will find immense value in partnering with us for pushing their communication through our differentiated media vehicles. While we are looking at investing to upgrade our content, we remain focused on maintaining a robust bottomline. We are also trying to gauge the full impact of BARC ratings, and how it is going to play out in the future.”

  • Q1-2016: NDTV digital segment sees 51% YoY growth; net loss at Rs 24.3 crore

    Q1-2016: NDTV digital segment sees 51% YoY growth; net loss at Rs 24.3 crore

    MUMBAI: Consolidating its transition to a digital media company from a pure television play, New Delhi Television’s (NDTV) digital business has shown a growth of 51 per cent YoY. 

     

    In Q1-2016, the company’s digital and e-commerce revenues account for 21 per cent of total group topline, up from 13 per cent, last year. This reflects the ongoing commitment and investments of the NDTV group into building key digital assets.

     

    However, in Q1-2016, NDTV reported a loss of Rs 24.3 crore as compared to Rs 1.5 crore of last year. Of the Rs 24.3 crore loss, Rs 11 crore pertains to the e-commerce business.

     

    Speaking exclusively to Indiantelevision.com, NDTV CEO Vikram Chandra says, “Last year Q1 results of NDTV was one of the best quarters since inception generally for Television business Q3 and Q4 are stronger compared to Q1 and Q2.”

     

    “One of the biggest achievements for us in this quarter is the fact that we successfully closed the funding of our two new ventures Gadgets 360 and Fifth Gear Auto. We have put in constant efforts since the last two years to enhance our digital business and valuation and we are extremely happy to have quality investors investing in the two new projects,” he adds. 

     

    The group has raised funds at a combined valuation of $80 million, wherein $50 million was allocated for Gadgets expertise and $30 million for the Fifth Gear Auto venture. NDTV’s other e-commerce venture, Indiaroots also raised an additional $5 million.

     

    “Overall NDTV’s digital business has expanded to over $160 million, which shows our emphasis towards digital,” asserts Chandra. 

     

    The investors who invested in NDTV’s e-commerce ventures Gadgets and Car & Bike include: Inflexionpoint co-founder John Scully, Genpact founder Pramod Bhasin, Sixth Sense Ventures founder Nikhil Vora, former Unilever chairman Vindi Banga, M&S Partners founder and director Hiro Mashita and other high-net-individuals (HNIs).

     

    The total revenue generated by the group from its various businesses in the current year stands at Rs 125 crore compared to Rs 151 crore of last year. According to the financial analysis, the group has also cut down its expenses too shows the financial analysis of Q1 2015 as the expenses registered in the current quarter is Rs 140.3 crore compared to Rs 141.7 crore of last year.

     

    The company’s marketing spends have gone up to Rs 21.98 crore in the quarter as compared to Rs 19.43 crore last year.

     

    Click here for unaudited financial report

  • Q1-2016: ENIL revenue up 9.1%, PAT up 6.3%

    Q1-2016: ENIL revenue up 9.1%, PAT up 6.3%

    BENGALURU:  Indian private FM player Entertainment Network (India) Limited (ENIL) reported 9.1 per cent increase in Total Income from Operations (TIO) in the quarter ended 30 June, 2015 (Q1-2016) to Rs 101.56 crore as compared to the Rs 93.12 crore in Q1-2015, but declined 18.4 per cent as compared to the Rs 124.43 crore in Q4-2015.

     

    The company’s profit after tax (PAT) in the current quarter increased 6.3 per cent to Rs 25.88 crore (25.5 per cent of TIO) as compared to the Rs 24.35 crore (26.2 per cent margin) in Q1-2015 and was 1.5 per cent more than the Rs 25.49 crore (20.5 per cent margin) in Q4-2015. It may be recalled that 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 Q1-2016 at Rs 35.38 crore (34.8 per cent margin) was 1.8 per cent more than the Rs 34.74 crore (37.3 per cent margin) and was 2.5 per cent more than the Rs 34.53 crore (27.7 per cent margin) in Q4-2015.

     

    ENIL total expense (TE) in Q1-2016 at Rs 74.38 crore (73.2 per cent of TIO) in Q1-2016 was 11.7 per cent more than the Rs 66.58 crore (71.5 per cent of TIO) in Q1-2015, but was 24.2 per cent lower than the Rs 98.10 crore (78.8 per cent of TIO) in Q4-2015.

     

    ENIL paid 10 per cent higher license fee in Q1-2016 at Rs 5.11 crore (five per cent of TIO) as compared to the Rs 4.65 crore (five per cent of TIO) in Q1-201, but was 15.3 per cent lower than the Rs 6.03 crore (4.8 per cent of TIO) in the immediate trailing quarter. 

     

    The company’s marketing expense in Q1-2016 at Rs 11.29 crore (11.1 per cent of TIO) was 59.3 per cent more than the Rs 7.09 crore (7.6 per cent of TIO) in Q1-2015, but was a little more than a third (64.5 per cent lower) than the Rs 31.57 crore (25.4 per cent of TIO) in Q4-2015.

     

    Employee Benefit Expense (EBE) in Q1-2016 at Rs 22.10 crore (21.8 per cent of TIO) was 8.3 per cent more than the Rs 20.41 crore (21.9 per cent of TIO) in the corresponding quarter of the previous year and was 5.3 per cent more than the Rs 20.98 crore (16.9 per cent of TIO) in Q4-2015.

     

    ENIL managing director and CEO Prashant Panday said, “It’s been a sombre quarter for radio companies, largely on account of the high base of election advertising last year. Overall advertising growth remains satisfactory, though below expectations, possibly because of the sluggish economy. The good news is that Phase-3 auctions have finally started. This will spur new growth in the years to come.”

  • Q1-2016: Airtel DTH revenue up 15.8% at Rs 684.8 crore

    Q1-2016: Airtel DTH revenue up 15.8% at Rs 684.8 crore

    BENGALURU:  Bharati Airtel Limited’s Digital TV services – Airtel DTH reported 15.8 per cent increase in y-o-y revenue to Rs 684.8 crore in the quarter ended 30 June, 2015 (Q1-2016) as compared to the Rs 591.5 crore in Q1-2015 and 7.9 per cent more than the Rs 634.8 crore in Q4-2015.

     

    The telecom major’s DTH segment reported a 67 per cent growth in operating profit (EBIDTA) in the current quarter at Rs 240.8 crore (46.1 per cent margin) as compared to the Rs 143.8 crore (24.3 per cent margin) in Q1-2015 and 15.9 per cent more than the Rs 207.8 crore (32.7 per cent margin) immediate trailing quarter.

     

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

     

    The Airtel DTH segment customer base reported 10.9 per cent y-o-y growth for the current quarter at 104.12 lakh as compared to the 93.88 lakh in Q1-2015 and 3.4 per cent growth as compared to the 100.73 lakh in Q4-2015. Average revenue per user (ARPU) in Q1-2016 improved to Rs 222 as compared to the Rs 214 in both Q1-2015 and Q4-2015. Monthly churn in the current quarter was higher at 0.8 per cent as compared to the 0.6 per cent in the corresponding year ago quarter, but lower than the one per cent in the immediate trailing quarter.

     

    Airtel MD and CEO, India & South Asia Gopal Vittal said, “The year has begun on a healthy note, with underlying revenue growth accelerating to 12.7 per cent in India. Our customer base has continued to steadily expand. Mobile minutes and data traffic have grown by 7.4 per cent and 83.4 per cent respectively. I am pleased that our revenue growth is broad based across all business units, especially the domestic enterprise and corporate segment, which saw revenues grow by 18.1 per cent, and DTH business, which had an underlying topline growth of 26.8 per cent. Our capex programme is mostly directed at increasing 3G / 4G coverage and improving all-round customer experience.”

     

    Overall, Airtel says that consolidated revenues for Q1-2016 at Rs 23,671 crore grew by 3.1 per cent over the corresponding quarter last year. Consolidated Mobile data revenues at Rs 3,459 crore, grew by 56.9 per cent y-o-y, uplifted by data traffic growth of 86.5 per cent. India revenues reported a growth of 10 per cent y-o-y, led by 22.2 per cent in Airtel business (B2B) and 15.8 per cent in Digital TV.

     

    Adjusted for the impact in reduction of termination rates, India revenues grew on an underlying basis by 12.7 per cent and Mobile revenues by 12.2 per cent y-o-y. Mobile Data revenue at Rs 2,609 crore registered a growth of 67.3 per cent y-o-y in India, uplifted by increase in the Data customer base by 25.8 per cent and traffic by 83.4 per cent. Data ARPU has moved up by Rs 42 to Rs 181 in Q1-2016, led by 42.7 per cent increase in data usage per customer. Mobile Data revenues contribute to 19.2 per cent of Mobile India revenues vis-?-vis 12.4 per cent in the corresponding quarter last year.

     

    Consolidated EBITDA in Q1-2016 at Rs 8262 crore grew by 6.4 per cent y-o-y with EBITDA margin expanding by 1.1 per cent to 34.9 per cent, driven by India’s margin expansion by 2.1 per cent y-o-y. Net Profit after tax (PAT) increased 40.2 per cent to Rs 1554.3 crore (6.6 per cent margin) in Q1-2016 as compared to the Rs 1108.5 crore (4.8 per cent margin) and was 23.8 per cent more than the Rs 1255.3 crore (5.4 per cent margin) in Q4-2015.

  • Q1-2016: Den Networks revenue down 11%, posts net loss of Rs 52 crore

    Q1-2016: Den Networks revenue down 11%, posts net loss of Rs 52 crore

    BENGALURU: Den Networks Ltd (Den Networks) reported lower Total Income from operations (TIO) in the quarter ended 30 June, 2015 (Q1-2016) at Rs 265.60 crore, 11.1 per cent less than the Rs 298.81 crore in Q1-2015 and 1.7 per cent lower than the Rs 270.30 crore in Q4-2015. 

     

    The company’s loss in the current quarter at Rs 51.89 crore was lower than the Rs 61.15 crore reported in the immediate trailing quarter Q4-2015. The company had posted a profit of Rs 1.12 crore (0.4 per cent margin) in the corresponding year ago quarter – Q1-2015.

     

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

     

    However, there were a few silver linings in the in the gloomy financial picture. Den’s Broadband revenue increased sharply to Rs 5.21 crore against Rs 1.06 crore in Q1-2015. Den, through a wholly owned subsidiary has participated in India Soccer League through the Delhi Dynamos FC. The company says that the response to the ISL is unprecedented and has given a huge advantage to the Den brand. Soccer revenue flow has started in current quarter at Rs 93 lakh, reveals Den.

     

    Some of Den Networks operational highlights in the current quarter include the fact that Den says that it has seeded 20 lakh boxes in phase III markets ahead of December 2015 deadline. It claims a 21 per cent market share in India’s digital cable subscribers (25 per cent in Phases 1 and 2). Further, the company’s Cable EBITDA improved by 26 per cent from Rs 14 crore in Q4-2015 to Rs 18 crore in the current quarter.

     

    Den Networks’ Broadband reach has increased 50 per cent in terms of number of homes passed and subscribed and broad band ARPU is Rs 760. Also, the company reports a strong growth in Den-Snapdeal clocking with the venture clocking an annualised GMV of Rs 144 crore in the current quarter as compared to the Rs 117 crore in previous quarter.

     

    Den Network’s operating loss (EBIDTA) in the current quarter was lower at Rs 4.67 crore as compared to the Rs 5.97 crore in Q4-2015. The company had reported a positive EBIDTA of Rs 57.16 crore (19.1 per cent margin) in the corresponding year ago quarter.

     

    The company’s Total Expenses in Q1-2016 at Rs 320.33 crore (120.6 per cent of TIO) was 12.4 per cent higher than the Rs 284.93 crore (95.4 per cent of TIO) in Q1-2015, but was one per cent lower than the Rs 323.70 crore (119.8 per cent of TIO) in Q4-2015. 

     

    Content cost in Q1-2016 at Rs 136.06 crore (51.2 per cent of TIO) was 27.9 per cent more than the Rs 106.42 crore (35.6 per cent of TIO) in Q1-2015, but was 2.2 per cent lower than the Rs 139.13 crore (51.5 per cent of TIO) in the immediate trailing quarter.

     

    The company’s finance costs in Q1-2016 declined 7.8 per cent to Rs 18.27 crore (6.9 per cent of TIO) as compared to the Rs 19.82 crore (6.6 per cent of TIO) in Q1-2015, but was 11.6 per cent more than the Rs 16.37 crore (6.1 per cent of TIO) in the immediate trailing quarter.

     

    Employee Benefit Expense at Rs 34.15 crore (12.9 per cent of TIO) in Q1-2016 was 20 per cent more than the Rs 28.46 crore (9.5 per cent of TIO) in Q1-2015 and was 13.4 per cent more than the Rs 30.12 crore (11.1 per cent of TIO) in Q4-2015.

     

  • Q1-2016: Shemaroo revenue up 20% at Rs 78 crore, PAT up 88%

    Q1-2016: Shemaroo revenue up 20% at Rs 78 crore, PAT up 88%

    BENGALURU: Indian integrated media content house Shemaroo Entertainment Limited (Shemaroo) reported 20.4 per cent higher consolidated Total Income from Operations (TIO) for the quarter ended 30 June, 2015 (Q1-2016) at Rs 77.63 crore as compared to the Rs 64.49 crore in Q1-2015. However, q-o-q, Shemaroo’s TIO in the current quarter was 10.6 per cent lower than the Rs 86.82 crore in Q4-2015.

     

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

     

    (2) All numbers are consolidated unless stated otherwise.

     

    Shemaroo’s PAT for the current quarter improved 88 per cent at Rs 11.75 crore (15.1 per cent margin) as compared to the Rs 6.25 crore (9.7 per cent margin) in Q1-2015, but eight per cent lower than the Rs 12.77 crore (14.7 per cent margin) in the immediate trailing quarter.

     

    Shemaroo’s EBIDTA including other income at Rs 24.48 crore (31.5 per cent margin) in Q1-2016 was 23.9 per cent more than the Rs 19.75 crore (31.1 per cent margin), but 9.2 per cent lower than the Rs 26.97 crore (31.1 per cent margin) in Q4-2015.

     

    Two Business Divisions contribute to Shemaroo’s numbers – New media and Traditional Media and Services. On a standalone basis, New Media revenue increased by 83.5 per cent to Rs 13.40 crore in Q1-2016 as compared to the Rs 7.30 crore in Q1-2015, while Traditional Media and Services revenue improved by 12.3 per cent to Rs 64.23 crore in Q1-2016 as compared to the Rs 57.19 crore in Q1-2015.

     

    The company’s Total Expenditure (TE) in Q1-2016 at Rs 54.50 crore (70.2 per cent of TIO) was 18.8 per cent more than the Rs 45.89 crore (71.2 per cent of TO) in Q1-2015, but was 10.9 per cent lower than the Rs 61.17 crore (70.5 per cent of TIO) in Q4-2015.

     

    The company’s cost of Raw Materials consumed went up by 16.2 times in Q1-2016 to Rs 92.65 crore (119.3 per cent of TIO) as compared to the Rs 5.73 crore (8.9 per cent of TIO) in Q1-2015 and was 3.1 per cent more than the Rs 89.86 crore (103.5 per cent of TIO) in Q4-2015. The company would have incurred a heavy loss, but for the fact that changes in inventories of finished goods and work in progress (inventory) had a negative impact and hence reduced TE to the extent of Rs 47.09 crore in the current quarter and Rs 39.18 crore in Q4-2015. Inventory had increased TE by Rs 32.25 crore in Q1-2015.

     

    Employee Benefit Expense (EBE) in Q1-2015 increased 11.4 per cent to Rs 4.58 crore (5.9 percent of TIO) as compared to the Rs 4.11 crore (6.4 per cent of TIO) in the corresponding year ago quarter, but was almost flat (down 0.4 per cent) as compared to the Rs 4.60 crore (5.3 per cent of TIO) in Q4-2015.

     

    Basic and undiluted EPS in Q1-2016 was Rs 4.29, whereas in Q1-2015, it was Rs 5.41 and for Q4-2015, it was Rs 4.82.

  • Q1-2016: Despite 4% drop in revenue, Zee Learn PAT up 11%

    Q1-2016: Despite 4% drop in revenue, Zee Learn PAT up 11%

    BENGALURU: The Essel Group’s education company Zee Learn Limited reported 11.1 per cent higher profit after tax (PAT) for the quarter ended 30 June, 2015 (Q1-2016) at Rs 3.96 crore (11.1 per cent margin) as compared to the Rs 3.56 crore (9.6 per cent margin) in Q1-2015. PAT in the current quarter was also 3.8 per cent higher than the Rs 3.81 crore (9.2 per cent margin) in the immediate trailing quarter.

     

    Zee Learn’s Total Income from Operations (TIO) in the current quarter at Rs 35.79 crore was four per cent lower than the Rs 37.30 crore in the corresponding year ago quarter and 14.1 per cent lower than the Rs 41.69 crore in Q4-2015.

     

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

     

    Let us look at the other numbers reported by Zee Learn

     

    Zee Learn’s Total expenditure (TE) in Q1-2016 at Rs 29.14 crore (81.4 per cent of TIO) was 6.5 per cent lower than the Rs 31.17 crore (83.6 per cent of TIO) in Q1-2015 and 19.5 per cent lower than the Rs 36.18 crore (86.8 per cent of TIO) in Q4-2015. 

     

    The company’s marketing, advertisement and publicity expense (marketing expense) for Q1-2016 at Rs 4.68 crore (13.1 per cent of TIO) was 89.3 per cent (almost double) more than the Rs 2.47 crore (6.6 per cent of TIO) in Q1-2015, but 45.6 per cent lower (almost half) than the  Rs 8.6 crore (20.6 per cent of IO) in Q4-2015.

     

    Employee Benefit Expense (EBE) Q1-2016 at Rs 6.17 crore (17.2 per cent of TIO) was 8.3 per cent lower than the Rs 6.73 crore (18 per cent of TIO) in Q1-2015 but 17.2 per cent more than the Rs 6.05 crore (14.5 per cent of TIO) in the immediate trailing quarter. 

     

    In Q1-2016, Zee Learn’s operating cost at Rs 0.56 crore (1.6 percent of TIO) was 18 percent lower than  the Rs 0.68 crore (1.8 per cent of TIO) in Q1-2015 and 55.7 per cent lower (less than half) the Rs 1.25 crore (three per cent of TIO) in Q4-2015. 

     

    Other expense in Q1-2016 at Rs 7.69 crore (21.5 per cent of TIO) was 28.7 per cent higher than the Rs 5.98 crore (16 per cent of TIO) in Q1-2015 and 3.8 per cent more than the Rs 7.41 crore (17.8 per cent of TIO) in the immediate trailing quarter.

     

    Zee Learn says that on 28 June, 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.

  • Q1-2016: Dabur marketing spends up 15.5%

    Q1-2016: Dabur marketing spends up 15.5%

    BENGALURU: Dabur India Limited (Dabur) spent 15.5 per cent more towards advertising and publicity expenses (ASP) in the quarter ended 30 June, 2015 (Q1-2016) at Rs 330.61 crore (16 per cent of Total Income from Operations or TIO) as compared to the Rs 286.27 crore (15.3 per cent of TIO) in Q1-2015 and 24.6 per cent more than the Rs 265.39 crore (13.6 per cent of TIO) in Q4-2015.

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

    Dabur’s products

    Among the products that Dabur has include health supplements like Chyawanprash, Ratnaprash, Honey, Glucose; digestives like Hamjola – Hajmola Chuzkara and Natkhat Amrud, Pudin hara fizz; OTC and Ethicals such as Lal Tail, Honitus Syrup; Haircare products like Vatika, Vatika Brave and Beautiful digital, Anmol Jasmine marks; Toothpaste brands like Dabur Red, Babool and Meswak; skincare products like Fem natural fairness, Gold Bleach, Gulabari; Homecare brands such as Odomos, Odonil and Sanifresh; Food brands such as Real and Real Active.

    “The macro-economic scenario remains challenging. In this subdued environment, we remained watchful, agile and prudent, managing our business dynamically to deliver another quarter of competitive and profitable growth. Our India FMCG business ended the first quarter of 2015-16 with an 11.6 per cent growth, led by an 8.1 per cent volume growth. Our EBITDA marked a 21.6 per cent growth during the quarter,” said Dabur India CEO Sunil Duggal said.

    “Going forward, we will focus on our cost efficiencies and pursue an aggressive and profitable growth strategy. We continue to strengthen our business for the long term by driving innovation and investing behind our brands. With these initiatives, we are confident of growing ahead of the market and improving our market share,” Duggal added.

    Trends

    The company’s ASP in Q1-2016 at Rs 330.61 crore (16 per cent of TIO) was the highest in terms of actual rupee spends as well as in terms of percentage of TIO during the 11 quarter period starting Q3-2013 until Q1-2016. Over the 11 quarter period under consideration, Dabur’s ASP in absolute rupees and ASP in terms of percentage of TIO both show a linear increasing trend. Please refer to Fig 1 below. 

    Fig 1 below indicates that ASP in terms of percentage of TIO follows a linearly increasing zigzag line, with peaks in Q1 and Q3 and valleys in Q2 and Q4 of a financial year. Based on this, it is quite likely that the company’s ASP in Q2-2016 (next quarter) may be lower in terms of percentage of TIO.

    Dabur TIO in Q1-2016 at Rs 2069.49 crore was 10.6 per cent more than the Rs 1868.86 crore in Q1-2015 and was 6.1 per cent more than the Rs 1949.74 crore in Q4-2015. The company’s TIO shows a linear increasing trend during the eleven quarter period under consideration in this report.

    Dabur PAT for Q1-2016 at Rs 262.10 crore (12.7 per cent of TIO) was 24.3 per cent more than the Rs 210.81 crore (11.3 per cent of TIO) in Q1-2015, but was eight per cent lower than the Rs 284.86 crore (14.6 per cent of TIO) in the immediate trailing quarter. PAT in abslute rupees as well as in terms of percentage of TIO show linear increasing trends. Please refer to Fig 2 below.

    Category Growths

    Dabur says that its Toothpaste business, led by strong demand for Dabur Red Paste and Dabur Meswak, ended the first quarter with a near 24 per cent growth. The OTC and Ethicals business ended the first quarter with a 16.7 per cent growth, while the Foods category reported a 15.5 per cent growth during Q1. While the Hair Oil category reported a 13 per cent growth during the period, the Shampoo business ended the quarter with an 11.5 per cent growth. The Home Care business grew by nearly 12 per cent during the period.

    Click here to read unaudited results 

  • Q1-2016: Just Dial revenue up 25%

    Q1-2016: Just Dial revenue up 25%

    BENGALURU: Indian search engine and directory services provider Just Dial Limited (Just Dial) reported a 24.9 per cent jump its total income from operations (TIO) in the quarter ended 30 June, 2015 (Q1-2016) to Rs 168.62 crore as compared to the Rs 135.03 crore in Q1-2015 and a 7.9 per cent increase from the Rs 156.28 crore in Q4-2015. 

     

    Let us look at the other numbers reported by Just Dial

     

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

     

    The numbers in this report are unaudited and unconsolidated.

     

    Just Dial’s PAT for Q4-2016 increased 18 per cent to Rs 33.17 crore (19.7 per cent of TIO) as compared to the Rs 28.11 crore (20.8 per cent of TIO) in the corresponding quarter of last year, but was 29.7 per cent lower than the Rs 47.16 crore (30.2 per cent of TIO in Q4-2015.

     

    Simple EBIDTA in Q1-2016 at Rs 48.42 crore (14.3 per cent of TIO) was 42.4 per cent higher than the Rs 34 crore (25.2 per cent of TIO) in Q1-2015 and was 14.3 per cent more than the Rs 42.36 crore (27.1 per cent of TO) in the immediate trailing quarter.

     

    The company’s Total Expenditure (TE) in Q1-2016 at Rs 126.93 crore (75.3 per cent of TIO) was 18.9 per cent more than the Rs 106.74 crore (79 per cent of TIO) in Q1-2015 and was 5.9 per cent more than the Rs 119.89 crore (76.7 per cent of TIO) in Q4-2015.

     

    Employee Benefit Expense (EBE) is the major expense head for Just Dial. EBE in Q1-2016 at Rs 88.11 crore (52.3 per cent of TIO) was 30.9 per cent more than the Rs 6.732 crore (49.9 per cent of TIO) in Q1-2015 and 1.2 per cent more than the Rs 87.07 crore (55.7 per cent of TIO) in Q2-2015. 

     

    Just Dial reported depreciation and amortisation expense (Depreciation) of Rs 6.73 crore (four per cent of TIO) the current quarter, which was 17.9 per cent more than the Rs 5.71 crore (4.2 per cent of TIO) in Q1-2015 and was 12.7 per cent less than the Rs 5.97 crore (3.8 per cent of TIO) in Q4-2015.