ITV

Tag: sales promotion

  • FY-16: TV Today revenue up 14.6 percent; PAT up 16 percent

    FY-16: TV Today revenue up 14.6 percent; PAT up 16 percent

    BENGALURU: TV Today Network Limited (TVTN) reported 14.6 percent increase in consolidated revenue (consolidated total income from operations, consolidated TIO) for the year ended 31 March 2016 (FY-16, current) as compared to the previous year. The company’s consolidated Profit after Tax (PAT) increased 16 percent in FY-16. TVTN reported consolidated TIO of Rs 546.01 crore in FY-16 and Rs 476.58 crore in FY-15. PAT in the current year was Rs 95.04 crore (17.2 percent PAT margin) as compared to Rs 81.03 crore (17 percent PAT margin) in FY-15.

    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.

    The company’s total expenditure in the current year increased 14.8 percent to Rs 430.25 crore (78.8 percent of TIO) from Rs 374.91 crore (78.7 percent of TIO) in the previous year.

    Simple EBIDTA increased 11.1 percent to Rs 146.33 crore (26.8 percent EBIDTA margin) from Rs 131.70 crore (26.7 percent EBIDTA margin) if FY-15.

    TVTN’s advertising, distribution and sales promotion (ad expense) in FY-16 increased 17.5 percent to Rs 119.52 crore (21.9 percent of TIO) from Rs 101.75 crore (21.3 percent of TIO) in FY-15.

    The TVTN board has recommended a final dividend @ 35 percent on the paid-up capital of the company, i.e., Rs 1.75 per share of Rs 5/- each for FY-16 subject to the approval of shareholders at the ensuing Annual General Meeting (AGM) of the company.

     

  • FY-16: TV Today revenue up 14.6 percent; PAT up 16 percent

    FY-16: TV Today revenue up 14.6 percent; PAT up 16 percent

    BENGALURU: TV Today Network Limited (TVTN) reported 14.6 percent increase in consolidated revenue (consolidated total income from operations, consolidated TIO) for the year ended 31 March 2016 (FY-16, current) as compared to the previous year. The company’s consolidated Profit after Tax (PAT) increased 16 percent in FY-16. TVTN reported consolidated TIO of Rs 546.01 crore in FY-16 and Rs 476.58 crore in FY-15. PAT in the current year was Rs 95.04 crore (17.2 percent PAT margin) as compared to Rs 81.03 crore (17 percent PAT margin) in FY-15.

    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.

    The company’s total expenditure in the current year increased 14.8 percent to Rs 430.25 crore (78.8 percent of TIO) from Rs 374.91 crore (78.7 percent of TIO) in the previous year.

    Simple EBIDTA increased 11.1 percent to Rs 146.33 crore (26.8 percent EBIDTA margin) from Rs 131.70 crore (26.7 percent EBIDTA margin) if FY-15.

    TVTN’s advertising, distribution and sales promotion (ad expense) in FY-16 increased 17.5 percent to Rs 119.52 crore (21.9 percent of TIO) from Rs 101.75 crore (21.3 percent of TIO) in FY-15.

    The TVTN board has recommended a final dividend @ 35 percent on the paid-up capital of the company, i.e., Rs 1.75 per share of Rs 5/- each for FY-16 subject to the approval of shareholders at the ensuing Annual General Meeting (AGM) of the company.

     

  • FY-2015: Sterling Holiday Resorts Sales Promo spend up 4.1%

    FY-2015: Sterling Holiday Resorts Sales Promo spend up 4.1%

    BENGALURU: Sterling Holiday Resorts (India) Limited (Sterling Holidays) reported Sales Promotion spend (Sales Promo) in FY-2015 (year ended 31 March, 2015) at Rs 17.16 crore (10.2 per cent of net sales), which was 4.1 per cent more than the Rs 16.48 crore (12.5 per cent of nets sales) in the previous year. Sales Promo spends in Q4-2015 (quarter ended 31 March, 2015) at Rs 5.71 crore (13.6 per cent of net sales) was more than double (2.6 times) the Rs 2.19 crore (eight per cent of net sales) in Q4-2014 and 26.9 per cent more than the Rs 4.5 crore (9.8 per cent of net sales) in the immediate trailing quarter.

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

    Please refer to Fig 1 below. During the 13 quarter period starting Q4-2012 until the current quarter, sales promo spends show a linear increasing trend in terms of absolute rupees as is indicated by the broken maroon trend line. However, in terms of percentage of net sales, the linear trend is reducing, as demonstrated by the broken green trend line. The company’s highest sales promo spends in terms of absolute rupees , whilas in the current quarter in terms of percentage of net sales was it in Q2-2013 at 21.7 per cent (Rs 5.10 crore) of net sales.

    Sterling Holidays net sales in FY-2015 at Rs 168.05 crore was 27.4 per cent more than the Rs 131.89 crore in FY-2014. The company’s net sales in Q4-2015 at Rs 42.1 crore was 13.4 per cent more than the Rs 37.11 crore in the corresponding year ago quarter, but was 7.8 per cent lower than the Rs 45.67 crore in Q3-2015. The company’s net sales show a linear increasing trend during the period under consideration as indicated by the black broken trend line. 

    Until the current financial year, Sterling Holidays has in general been a loss making company. Please refer to Fig 2 above. However, for FY-2015, the company has reported a profit after tax (PAT) of Rs 0.52 crore (0.3 per cent of net sales) as compared to a loss of Rs 21.29 crore in the previous year. For Q4-2015, the company has reported PAT of Rs 2.35 crore (5.6 per cent of net sales) as compared to a loss of Rs 5.78 crore in Q4-2014 and a PAT of Rs 0.82 crore (1.8 per cent of nets sales) in Q3-2015.

    Sterling Holidays managing director Ramesh Ramanathan said, “FY-2015 performance speaks for itself. As should the year-on-year improved performance metrics over the last 3 to 4 years. We have begun FY-2016 with a strong, confident note by opening four new resorts in one go at Corbett, Daman, Shirdi and Dindi. Sterling is now in a position to offer varying holiday experiences – from hillside to riverside to spiritual beach and wildlife in 24 resorts across India.”

    With effect from 3 September, 2014, Sterling Holidays has become a wholly owned subsidiary of Thomas Cook Insurances Services (India) Limited – (TCISL). As at 31 December, 2015, Thomas Cook (India) Limited through its subsidiaries hold 55.07 per cent of the equity shareholding of the company.

  • Saregama Q1-2014 results subdued: Film & TV soaps segment profitable for first time

    Saregama Q1-2014 results subdued: Film & TV soaps segment profitable for first time

    BENGALURU: Saregama India Limited (Saregama) reported total income of Rs 35.81 crore, 5.01 per cent higher than the Rs 34.10 crore for Q1-2013, but 25.32 per cent lower than the Rs 25.32 crore for Q4-2013.

     

    Saregama’s Film and TV serials segment reported a profit before interest and tax of Rs 0.37 crore for the first time in Q1-2014, hence adding to the company’s profit.

     

    Saregama reported a PAT of Rs 1.83 crore for Q1-2014 which was 27.38 per cent lower than the Rs 2.52 crore for Q1-2013 and 21.12 per cent lower than the Rs 2.32 crore for Q4-2013.

     

    Let us look at Saregama’s other figures for Q1-2014

     

    The company’s net sales (net of excise duty) for Q1-2014 was Rs 12.82 crore, 12.55 per cent lower than the Rs 14.66 crore for Q1-2013 and 33.23 per cent lower than the Rs 19.20 crore for Q4-2013.

     

    Saregama’s license fees income for Q1-2014 at Rs 22.96 crore was 19.27 per cent higher than the Rs 19.25 crore in Q1-2013, but 20 per cent lower than the Rs 28.71 crore in Q4-2013.

     

    Saregama’s total expense for Q1-2014 at Rs 34.07 crore was 5.84 per cent more than Rs 32.19 crore y-o-y (as compared to Q1-2013), but 30.26 per cent lower than the Rs 48.85 crore q-o-q (as compared to Q4-2013).

     

    The company’s royalty payment for Q1-2014 at Rs 3.44 crore was 13.53 per cent more than the Rs 3.03 crore in Q1-2013, but was 10.18 per cent less than the Rs 3.83 crore paid in Q4-2013.

     

    Saregama’s provision for doubtful debts at Rs 2.11 crore was almost double the Rs 1.08 crore for Q1-2013, but less than a fifth (19.92 per cent) of the Rs 10.59 crore for Q4-2013.

     

    Saregama paid Rs 2.21 crore towards advertisement and sales promotion for Q1-2014 which was more than double (2.1 times more) than the Rs 1.05 crore for Q1-2013 and 57.7 per cent lower as compared to the Rs 3.83 crore in Q4-2013.

     

    Saregama’s cost of production of Films, television and portal at Rs 8.97 crore in Q1-2014 was 20.24 per cent more than the Rs 7.46 crore for Q1-2013 and 22.87 per cent lower than the Rs 11.63 crore for Q4-2013.

     

    The company’s profit from operations before other income, finance costs and exceptional items for Q1-2014 at Rs 1.74 crore was 8.9 lower than the Rs 1.91 crore for Q1-2013. For Q4-2013, Saregama’s incurred a loss from operations before other income, finance costs and exceptional items of Rs 0.90 crore.

     

    Saregama had other income of Rs 1.39 crore for Q1-2014 which was 48.87 per cent higher than the Rs 0.94 crore for Q1-2013 but less than a fourth (24.3 per cent) of the Rs 5.72 crore for Q4-2013.

     

    Saregama paid 30.56 per cent lower interest cost of Rs 0.50 crore for Q1-2014 as compared to the Rs 0.72 crore for Q1-2013. Its interest cost of Rs 0.61 crore for Q4-2013 was 18.03 per cent higher than the interest cost for Q1-2014.

     

    Let us look at Sargama’s segment results for Q1-2014

     

    Saregama’s Music segment had revenue of Rs 25.09 crore which was 7.55 per cent lower than the Rs 27.14 crore in Q1-2013 and 28.13 per cent lower than the Rs 34.91 crore for Q4-2013. Profit before tax and interest expense from this segment at Rs 9.31 crore was 22 per cent lower than the Rs 11.94 crore for Q1-2013 and less than half (47.5 per cent) of the Rs 19.60 crore for Q4-2013.

     

    Capital employed (segment assets minus segment liabilities) by Saregama’s Music segment for Q1-2014 at Rs 78.18 crore was 17.56 per cent higher than the Rs 66.5 crore and 3.2 per cent more than the Rs 75.75 crore for Q4-2013.

     

    Revenue from Saregama’s Film and Television serials segment at Rs 10.72 crore was 54 per cent more than the Rs 6.96 crore in Q1-2013 but 17.8 per cent lower than the Rs 13.04 crore for Q4-2013. Capital employed by the Film and Television serials segment (segment assets minus segment liabilities) for Q1-2014 was Rs 17.62 crore, which was 6.23 per cent lower than the Rs 18.79 crore for Q1-2013 and 12.86 per cent lower than the Rs 20.22 crore for Q4-2013.

     

    As mentioned above, this segment returned a profit before interest and tax of Rs 0.37 crore for the first time in Q1-2014 as compared to the losses in previous quarters.