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Tag: Shobha Kapoor

  • Poster of Varun Dhawan’s next released

    Poster of Varun Dhawan’s next released

    MUMBAI: The official poster of Varun Dhawan’s next Main Tera Hero was released today. The film is directed by his father- David Dhawan- and produced by Shobha Kapoor and Ekta Kapoor and will see Ileana D’Cruz and Nargis Fakhri alongside the Student of the Year actor.

     

    Since the father-son duo are teaming up for the first time for this film, Main Tera Hero is being touted as one of the biggest entertainers of the year. In fact, the actor is gearing up to promote the film well.

     

    Along the lines of the film’s first poster that looks quite quirky, the actor was recently spotted at Mumbai’s Crawford market dressed as a vegetable vendor.

     

    He tweeted: “No no it’s just a thought guys I became a patiwala for a day and worked in Crawford market it really moved me. forget movies and heroes the real heroes are these people who toil everyday to earn their bread and butter its really really difficult.”

     

    We wonder if it a part of promoting the movie that is set to hit the screens on 4 April, 2014.

  • Balaji Telefilms’ financials: an improving picture in Q4 2013

    Balaji Telefilms’ financials: an improving picture in Q4 2013

    MUMBAI: Television production powerhouse Balaji Telefilms, (led by the dynamic duo of Ekta Kapoor and her mother Shobha Kapoor), which has recently made successful forays into the movie business, has posted an impressive 235 per cent jump in net profit to Rs 5.17 crore in the latest quarter ended 31 March 2013 as against Rs 1.5 crore in Q4-2012. It has done well even when one compares its performance against the previous preceding quarter ended 31 December 2012 when it recorded a net profit of Rs 4.94 crore. However, what looks disappointing is the 28 per cent dip in its net profit in FY 2013 to Rs 14.58 crore as against Rs 20.44 crore in FY 2012.

    The company recently ran into accounting troubles with the I-T Department, resulting in a dip of around 20 percent in its share price

    and it hit an all-time low of Rs 35.25 on 27 May.

    However, it has been moving northward since this morning‘s announcement of its financials and it closed at Rs 37.80.

    Let us look at the Q4-2013 financials as against Q4- 2012

    Q4-2013 financials report a healthy growth in its net profits at Rs 5.17 crore as against Rs 1.54 crore in the corresponding last year‘s Q4-2012. The massive surge is attributed to reduction in expenses especially if one looks at the staff costs which have halved in Q4-2013 at Rs 1.57 crore as against Rs 3.44 crore (Q4-2012).

    Expenses fell 13.5 per cent in Q4-2013 at Rs 34.72 crore as compared to Rs 40.16 crore in Q4-2012. The investments of the company have paid off well in the quarter with a reported Rs 7.05 crore pouring in as other income. (Through its other non-core operations considering its non current investments for the year FY-2013 have nearly doubled at Rs 31.72 crore (Rs 17.60 crore in FY-2012)).

    While net sales revenue has increased to Rs 31.77 crore in Q4-2013 as against Rs 27.88 crore in Q4-2012, the total revenue for the quarter has shrunk by 8 per cent to Rs 34.09 crore in Q4-2013 as against Rs 36.92 crore. Its major revenue source continues to be from commissioned programs amounting to Rs 32.7 crore, a rise from last corresponding quarter‘s Rs 25.88 crore.

    Let us look at the Q4-2013 financials as against Q3-2013

    When it reported Q4-2013 revenues of Rs 34.09 crore as against Rs 33.32 crore in Q3-2013, it was the first time in three quarters that it registered a positive uptick in revenues. Its Q4-2013 net profit at Rs 5.17 crore is an improvement over Q3-2013‘s Rs 4.94 crore.

    Let us now look at the consolidated year ending results of FY-2013

    Even after a euphoric performance maintained during Q4 and Q3 quarters, the financials for FY-2013 fail to show an impressive growth YoY. The consolidated revenues for FY-2013 at Rs 204.36 crore report a decrease as compared to Rs 221.66 crore in FY-2012, which also included Rs 6.62 crore from its discontinuing operations.

    Better and efficient production in FY-2013 saw its expenses fall to Rs 186.05 crore as against Rs 202.13 crore in FY-2012.

    PAT for the year ending 31 March 2013 stood at Rs 14.58 crore, as against Rs 20.44 crore in FY-2012, a disappointing 28.6 per cent drop YoY.

    In spite of the drop in profits, the Board has recommended a dividend of Rs 0.40 per equity share, considering a healthy growth momentum sustained in its last couple of quarters.

  • Balaji to foray into other genres; start Sharjah operations

    Balaji to foray into other genres; start Sharjah operations

    MUMBAI: The country’s most successful soap factory is looking to spread its sphere of activity into new content terrain. In its latest annual report, Balaji Telefilms has announced its intent to expand into animation and mythological programming, among other new initiatives. Further it announced at its annual general meeting (AGM) today that it would be starting a wholly owned subsidiary at Sharjah for production of serials for the Middle East market.

    Balaji has a confirmed order for one and negotiations are on for more serials with different channels, the Bombay Stock Exchange (BSE) was informed today. The Sharjah unit is expected to be operational by the first week of November, the posting with the BSE states.

    Managing director and CEO Shobha Kapoor, while reviewing the company’s performance, says, “For years, the Balaji brand has been associated with soap content. We expect to evolve this into new business lines like animation, non-fiction content, ad films and mythological programmes. We are optimistic that with India emerging as an attractive outsourcing hub for animation, our established infrastructure and industry position will serve as a relevant foundation for growth in this new area.”

    Balaji Telefilms, which had entered the reality show genre with Kosmiic Chat and Kandy Floss, plans to reinforce this with non fiction content programmes like Karmiic Connection and Karbon Copy in 2006-07.

    The company produced 2113 hours of live action programming in 2005-2006 generating revenues of Rs 2.69 billion and net profit of Rs 594.2 million. This was buoyed greatly by the company’s realisation per hour of commissioned shows to Rs 2.2 million up from Rs 1.7 million last year. It is reportedly sitting with oodles of cash and looking for new investment avenues.

    The company invested Rs 131.7 million in captive equipment, three studios, and editing infrastructure in 2005-2006. The company is also reportedly drawing up plans to start a media educational academy in Pune.

    Today’s AGM also aproved the re-appointment of Akshay Chudasama and Pradeep Sarda as directors of the company. The re-appointment of Deloitte Haskins & Sells and Snehal & Associates as joint auditors was also passed during the meeting.