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Tag: Shabda-Shikar Prakashan- Firm

  • Q3-2015: Jagran Prakashan y-o-y revenue up 3.6 per cent; Radio City all numbers up

    Q3-2015: Jagran Prakashan y-o-y revenue up 3.6 per cent; Radio City all numbers up

    BENGALURU: Indian publishing group Jagran Prakashan Limited (JPL) recently signed a share purchase agreement subject to regulatory approvals for 100 per cent acquisition of Music Broadcast Private Limited (MBPL, Radio City) through an all cash deal that JPL says will get it into the high growth and profitable radio segment

     

    The company reported a 3.6 per cent y-o-y increase in revenue in Q3-2015 (current quarter, quarter ended 31 December, 2015) to Rs 470.46 crore from Rs 453.9 crore in Q3-2014 and 7.8 per cent more than the Rs 436.3 crore in trailing quarter Q2-2015. Profit after Tax (PAT) for the current quarter fell slightly by 1.5 per cent to Rs 66.7 crore (14.2 per cent of TIO) as compared to the Rs 67.7 crore reported for Q3-2014.

     

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

     

    Radio City’s all numbers in Q3-2015 up

     

    As per JPL’s investor presentation, Radio City reported 38 per cent y-o-y growth in revenue to Rs 59.7 crore in the current quarter as compared to the Rs 42.5 crore in Q3-2014. Radio City’s expense was up 21 per cent in the current quarter at Rs 37.1 crore as compared to the Rs 30.5 crore in the corresponding quarter of last fiscal.

     

    Radio City reported more than double the PAT (up 2.49 times) in Q3-2015 at Rs 17.1 crore (29.1 per cent of Radio City’s revenue) as compared to the Rs 6.9 crore (16.1 per cent of Radio City’s revenue) in Q3-2014. Cash profit almost doubled (up 1.99 times) in Q3-2015 at Rs 21 crore (35.8 per cent of Radio City’s revenue) as compared to the Rs 10.6 crore (24.8 per cent of Radio City’s revenue) in the corresponding year ago quarter.

     

    Let’s look at the other Q3-2015 numbers reported by JPL:

     

    JPL’s advertising revenue in Q3-2015 at Rs 388.4 crore (71.9 per cent of revenue) was 5.6 per cent more than Rs 320.4 crore (70.6 per cent of revenue) in Q3-2014 and 10.3 per cent more than the Rs 306.9 crore (70.3 per cent of revenue) in Q2-2015.

     

    The company’s circulation revenue went up 8.2 per cent in Q3-2015 to Rs 100 crore (21.3 per cent of revenue) as compared to the Rs 92.4 crore (20.4 per cent of revenue) in Q3-2014 and was 3.6 per cent more than the Rs 96.5 crore (22.1 per cent of revenue) in Q2-2015.

     

    JPL’s major revenue comes from its publication Dainik Jagran (DJ). DJ reported 8.6 per cent higher revenue of Rs 361.12 crore in Q3-2015, as compared to the Rs 332.53 crore in Q3-2014 and 7.5 per cent more than the Rs 336 crore in Q2-2015. It has reported operating margin in Q3-2015 for DJ at Rs 129.12 crore, 18.9 per cent more than the Rs 108.62 crore in the corresponding quarter of last year and 17.1 per cent more than the Rs 336 crore in the immediate trailing quarter.

     

    JPL’s total expenditure in Q3-2015 was down 0.2 per cent at Rs 364.53 crores (77.5 per cent of JPL revenue) as compared to the Rs 365.09 crore (80.3 per cent of JPL revenue) in Q3-2014 but 10.6 per cent more than the Rs 329.5 crore (75.5 per cent of JPL revenue) in Q2-2015.

     

    A major component of total expenditure is raw materials consumption (RMC). JPL’s RMC in the current quarter fell 2.6 per cent to Rs 158.5 crore (33.7 per cent of JPL revenue) from Rs 162.7 crore (35.8 per cent of JPL revenue) in Q3-2014 and was 1.1 per cent lower than the Rs 160.3 crore (36.7 per cent of JPL revenue) in the previous quarter.

     

    Operating profit for the current quarter at Rs 132.5 crore (28.2 per cent of JPL revenue) was 20.6 per cent more than the Rs 109.9 crore (24.2 per cent of JPL revenue) in the corresponding year ago quarter and was 24.8 per cent more than the Rs 106.2 crore (24.3 per cent of JPL revenue) in Q2-2015.

     

    The group is engaged primarily in printing and publication of newspaper and magazines in India. The other activities of the company comprise outdoor advertising, event management services and digital business. Among JPL’s subsidiaries include Midday Infomedia Limited, Suvi Info Management (Indore) Private Limited, Nai Dunia Media Limited, Shabda-Shikar Prakashan- Firm, Leet OOH Media Private Limited and X-pert Publicity Private Limited.

  • Q1-2015: Jagran Prakashan reports q-o-q revenue up 4.7 per cent, flat PAT

    Q1-2015: Jagran Prakashan reports q-o-q revenue up 4.7 per cent, flat PAT

    BENGALURU: Indian publishing group Jagran Prakashan Limited (JPL) reported a 4.7 per cent q-o-q increase in revenue in Q1-2015 to Rs 440.3 crore from Rs 420.7 crore in Q4-2014 and 6.8 per cent more than the Rs 412.2 crore in the year ago quarter Q1-2014.

     

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

     

    JPL reported almost flat PAT (lower by 0.2 per cent) at Rs 55.1 crore (12.5 per cent of revenue) in Q1-2015 as compared to the Rs 55.2 crore (13.1 per cent of revenue) in Q4-2014 and 4.7 per cent lower than the Rs 57.8 crore (14 per cent of revenue) in Q1-2014.

     

    Let us look at the other Q1-2015 numbers reported by JPL

     

    JPL’s advertising revenue in Q1-2015 at Rs 308.9 crore (70.2 per cent of revenue) was 5.9 per cent more than the Rs 291.7 crore (69.3 per cent of revenue) in Q4-2014 and 6.6 per cent more than the Rs 289.8 crore (70.3 per cent of revenue) in Q1-2014.

     

    The company’s circulation revenue went up 7.9 per cent in Q1-2015 to Rs 95.7 crore (21.7 per cent of revenue) as compared to the Rs 88.7 crore (21.1 per cent of revenue) in Q4-2014 and 11.9 per cent more than the Rs 85.5 crore (20.7 per cent of revenue) in Q1-2014.

     

    JPL’s major revenue comes from its publication Dainik Jagran (DJ). DJ reported revenue of Rs 335.9 crore in Q1-2015, as compared to the Rs 310.3 crore in Q4-2014 and Rs.312.7 crore in Q1-2014. It has reported operating margin of DJ at 34 per cent for the current quarter. The company reported Digital Advertising Revenue Growth of 57 per cent.

     

    JPL reported total expense of Rs 357.05 crore (81.1 per cent of revenue) in Q1-2015, which was 1.9 per cent lower than the Rs 363.79 crore (86.5 per cent of revenue) in Q4-2014and 8.7 per cent more than Rs 328.38 crore (79.7 per cent of revenue) in Q1-2014. A major component of JPL’s total expenditure is raw materials. The company spent Rs 162.7 crore (37 per cent of revenue) in Q1-2015 towards raw materials, which was 3.6 per cent more than the Rs 157.1 crore (37.3 per cent of revenue) in Q4-2014 and 14.9 per cent more than the Rs 141.6 crore (34.4 per cent of revenue) in Q1-2014.

     

    Sharing its strategy the company says that it plans to leverage credible news content of Jagran to strengthen digital presence and capitalising on the growing mobile traffic, building video content. The company intends to focus on user generated content. JPL says that it wants to increase its foot hold in non Jagran markets. It also plans on covering all major events and will focus on content acquisition, distribution and alliances.

     

    The group is engaged primarily in printing and publication of newspaper and magazines in India. The other activities of the Company comprise outdoor advertising, event management services and digital business. Among JPL’s subsidiaries include Midday Infomedia Limited, Suvi Info Management (Indore) Private Limited, Nai Dunia Media Limited, Shabda-Shikar Prakashan- Firm, Leet OOH Media Private Limited and X-pert Publicity Private Limited.

     

    Click here to read the result update presentation

    Click here to read the standalone financial report