ITV

Tag: TIO

  • FY-16: Hathway revenue up 13.7 percent, EBIDTA up 51.7 percent

    FY-16: Hathway revenue up 13.7 percent, EBIDTA up 51.7 percent

    BENGALURU: Indian multi system operator (MSO) Hathway Cable and Datacom Limited (Hathway) reported 13.7 per cent growth in Total Income from operations (TIO) and 51.7 percent growth in operating profits (EBIDTA) for the fiscal ended 31 March 2016 (FY-16, current year). The company reported TIO of Rs 2,081.63 crore in FY-16 as compared to Rs 1,831.60 crore in the previous year. The company’s EBDITA in the current year was Rs 388.69 crore (18.7 percent EBIDTA margin) and was Rs 256.16 crore (14 percent EBIDTA margin) in the previous year. The company narrowed its loss in the current year to Rs 163.13 crore in FY-16 from a loss of Rs 180.45 crore in FY-16.

    High growth in Activation fees and Broadband revenue are chiefly responsible for the improved performance.

    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 broadband segment has been performing very well, as a matter of fact, among the national level MSOs’ Hathway has the highest subscription and revenue numbers among all of them. Hathway says that it has invested Rs 206 crore into its Broadband business in FY-16.

    Hathway’s consolidated broadband subscribers increased 38 percent in FY16 to 6.272 lakh from 4.558 lakh in FY-15. Consolidated broadband revenue in the current year increased 61 percent to Rs 399.3 crore from Rs 247.5 crore in the previous year. Broadband ARPU in the current year increased to Rs 670 from Rs 530 in the previous year.

    Consolidated reported CATV subscription revenue in the current year declined 3.3 percent to Rs 812.7 crore from Rs 840.3 crore in FY-15.

    The company says that it deployed 22 lakh set top boxes in FY-16, 10 lakh of them in the last quarter of FY-16, and it has 1.06 crore CATV digital subscriber’s (87 percent of its subscriber base of 1.23 crore). Its DAS phase I area standalone Average Revenue Per User (ARPU) in the quarter ended 31 March 2016 (Q4-16, current quarter) increased to Rs 105 from Rs 100 in Q4-15. Its standalone DAS phase II area ARPU in Q4-16 increased to Rs 86 from Rs 67 in the corresponding year ago quarter.

    Placement revenue in the current year declined 4 percent to Rs 598.8 crore from Rs 626.9 crore in the previous year.

    Activation revenue almost tripled (2.8 times) in FY-16 to Rs 227.9 crore from Rs 82.4 crore in FY-15.

    Other revenue increased 24 percent in FY-15 to Rs 42.9 crore from Rs 34.6 in the previous year.

    Hathway’s Total Expenditure in FY-16 increased 8.9 percent to Rs 2,072.56 crore (99.6 percent of TIO) from Rs 1,903.38 crore (103.9 percent of TIO) in the previous year.

    Pay channel cost in the current year increased 1 percent to Rs 821.65 crore (39.5 percent of TIO) from Rs 813.13 crore (44.4 percent of TIO) in FY-15.

  • FY-16: NDTV revenue flat

    FY-16: NDTV revenue flat

    BENGALURU: New Delhi Television Limited (NDTV) reported flat (down 1 per cent) consolidated Total Income from Operations (TIO, revenue) for the year ended 31 March 2016 (FY-16, current year) as compared to the previous year. The company reported TIO of Rs 565.76 crore in the current year as compared to Rs 571.28 crore 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.

     

    NDTV’s reported 3.8 percent year-on year (y-o-y) growth in TIO for the quarter ended 31 March 2016 (Q4-16, current quarter) at Rs 169.74 crore as compared to Rs 163.45 crore and 14.4 percent quarter-on-quarter (q-o-q) growth as compared to Rs 148.41 crore for Q3-2016.

     

    The company reported a higher loss for FY-16 at Rs 54.82 crore as compared to a loss of Rs 44.03 crore in FY-15. Loss in Q4-16 was however lower at Rs 0.77 crore as compared to a loss of Rs 17.21 crore in Q4-15 and a loss of Rs 12.54 crore in the immediate trailing quarter.

     

    NDTV reported an operating loss (EBIDTA) in FY-16 at Rs 22.45 crore as compared to an operating profit of Rs 32.93 crore (5.8 percent margin) in the previous year. EBIDTA in Q4-16 was Rs 8.25 crore (4.9 percent margin), 61.6 percent lower than the EBIDTA of Rs 21.50 crore (13.2 percent margin). The company reported an operating loss in Q3-16 at Rs 4.45 crore.

     

    Segment numbers

     

    NDTV’s Television Media and related operations (Television) segment reported almost flat (0.8 percent higher) revenue of Rs 559.13 crore as compared to Rs 554.63 crore in FY-15. The segment reported 7.7 percent y-o-y growth in revenue for Q1-16 at Rs 169.27 crore as compared to Rs 157.09 crore and a 14.4 percent q-o-q growth as compared to Rs 147.96 crore in Q3-16.

     

    Television segment reported an operating loss of 11.26 crore in FY-16 as compared to an operating profit of Rs 31.92 crore in FY-15. The segment reported an operating profit of 13.14 crore in Q4-16, 49 percent lower than Rs 25.78 crore in Q4-15. Television segments had reported an operating loss of Rs 3.44 crore in Q3-16.

     

    NDTV’s Retail/eCommerce (eCommerce) segment reported 17.5 percent decline in revenue at Rs 16.14 crore in FY-16 as compared to Rs 19.57 crore in the previous fiscal. eCommerce segment’s revenue in Q4-16 declined 62.2 percent y-o-y to Rs 2.57 crore  as compared to Rs 6.80 crore and declined 33.2 percent q-o-q from Rs 3.85 crore. The segment’s reported a higher operating loss in FY-16 at Rs 36.10 crore as compared to an operating loss of Rs 23.67 crore in FY-15. The segment’s operating loss in Q4-16 at Rs 10.30 crore was higher than the operating loss of Rs 9.99 crore in Q1-15 and higher than the operating loss of Rs 6.50 crore in Q4-15.

     

    Let us look at the other numbers reported by NDTV

     

    Total Expenditure (TE) in FY-16 increased 8.1 percent to Rs 624.47 crore (110.4 percent of TIO) as compared to Rs 577.89 crore (101.2 percent of TIO) in FY-15. TE in the current quarter increased 12.2 percent y-o-y to Rs 169.87 crore (100.1 percent of IO) as compared to Rs 151.34 crore (92.6 percent of TIO) and grew 6.2 percent q-o-q from Rs 159.89 crore (107.7 percent of TIO) in Q3-2016.

     

    NDTV’s consolidated Production Expense (PE) increased 1.2 percent in FY-16 to Rs 121.72 crore (21.5 percent of TIO) as compared to Rs 120.25 crore (21 percent of TIO) in FY-15. PE increased 22.3 percent y-o-y to Rs 41.09 crore (24.2 percent of TIO) from Rs 33.32 crore (20.4 percent of TIO) and grew 33.1 percent q-o-q from Rs 30.42 crore (20.5 percent of TIO).

     

    The company’s Marketing, distribution and promotional expense (Marketing expense) in the current year increased 20.7 percent to Rs 128.63 (22.7 percent of TIO) as compared to Rs 106.57 crore (18.7 percent of TIO) in FY-15. Marketing expense in the current quarter increased 30.4 percent y-o-y to Rs Rs 32.52 crore (19.2 percent of TIO) as compared to Rs 24.93 crore (15.3 percent of TIO) but was 10.9 percent lower q-o-q from Rs 36.50 crore (24.6 percent of TIO).

     

    NDTV’s Employee Benefit Expense (EBE) in FY-16 increased 9.7 percent to Rs 201.36 crore (35.6 percent of TIO) from Rs 183.55 crore (32.1 percent of TIO) in FY-15. EBE in Q4-16 increased 17.2 percent y-o-y to Rs 52.25 crore ( 30.8 percent of TIO)  from Rs 44.57 crore ( 27.3 percent of TIO) and increased 3.2 percent q-o-q from Rs 50.72 crore (34.2 percent of TIO).

     

    Operating and administration expenses (Admin expenses) in FY-16 increased 8.8 percent to Rs 132.76 crore (23.5 percent of TIO) from Rs 121.98 crore (21.4 percent of TIO) in FY-15. Admin expense in Q4-16 increased 13.9 percent y-o-y to Rs 36.72 crore (21.6 percent of TIO) from Rs 32.25 crore (19.7 percent of TIO) and grew 6.1 percent q-o-q from Rs 34.60 crore (23.3 percent of TIO).

    Finance Costs in the current year declined 3.4 percent to Rs 20.76 crore (3.7 percent of TIO) from Rs 21.48 crore (3.8 percent of TIO). Finance cost in the current quarter declined 12.2 percent y-o-y to Rs 4.66 crore (2.7 percent of TIO) from Rs  5.31 crore (3.2 percent of TIO) and declined 11.9 percent q-o-q from Rs 5.49 crore (3.6 percent of TIO).

     

    Company speak

     

    The NDTV board has decided to consider re-structuring / de-merger and separate listing of NDTV Convergence (ndtv.com) to unlock shareholder value. Ndtv.com is one of India’s most successful Internet businesses with a global reach and more than 65 million (6.5 crore) unique visitors a month. NDTV Convergence has been consistently profitable.

     

    NDVT’s eCommerce business

     

    Gadgets360.com – achieved a Gross Merchandize Value (GMV) of Rs 27 crores while maintaining a positive contribution margin per unit as well as total gross margin. The portal is now bigger than next 5 Indian tech sites combined.

     

    CarAndBike.com – was the exclusive launch partner for 4 cars in the span of the last 6 months of 2015-16. The fledgling startup has already on-boarded 8 OEM’s for direct sale of cars and bikes covering 40 percent of the new car market pan India. The site includes innovative features such as the consumer-to-consumer auction engine for used cars as well as regional language content and a complete host of allied services pertaining to loans and insurance.

     

    BandBaajaa.com – launched on 6th October 2015, which aims to be a one-stop shop for wedding planning, ideas, inspiration, shopping and execution has already partnered with 2,100 vendors across 15 cities in 14 categories like venues, photographers, makeup-artists, etc.

     

    Mojarto.com – launched as an online platform aggregating artists, galleries, artisans and designers from across the sub-continent into a marketplace.

  • FY-16: NDTV revenue flat

    FY-16: NDTV revenue flat

    BENGALURU: New Delhi Television Limited (NDTV) reported flat (down 1 per cent) consolidated Total Income from Operations (TIO, revenue) for the year ended 31 March 2016 (FY-16, current year) as compared to the previous year. The company reported TIO of Rs 565.76 crore in the current year as compared to Rs 571.28 crore 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.

     

    NDTV’s reported 3.8 percent year-on year (y-o-y) growth in TIO for the quarter ended 31 March 2016 (Q4-16, current quarter) at Rs 169.74 crore as compared to Rs 163.45 crore and 14.4 percent quarter-on-quarter (q-o-q) growth as compared to Rs 148.41 crore for Q3-2016.

     

    The company reported a higher loss for FY-16 at Rs 54.82 crore as compared to a loss of Rs 44.03 crore in FY-15. Loss in Q4-16 was however lower at Rs 0.77 crore as compared to a loss of Rs 17.21 crore in Q4-15 and a loss of Rs 12.54 crore in the immediate trailing quarter.

     

    NDTV reported an operating loss (EBIDTA) in FY-16 at Rs 22.45 crore as compared to an operating profit of Rs 32.93 crore (5.8 percent margin) in the previous year. EBIDTA in Q4-16 was Rs 8.25 crore (4.9 percent margin), 61.6 percent lower than the EBIDTA of Rs 21.50 crore (13.2 percent margin). The company reported an operating loss in Q3-16 at Rs 4.45 crore.

     

    Segment numbers

     

    NDTV’s Television Media and related operations (Television) segment reported almost flat (0.8 percent higher) revenue of Rs 559.13 crore as compared to Rs 554.63 crore in FY-15. The segment reported 7.7 percent y-o-y growth in revenue for Q1-16 at Rs 169.27 crore as compared to Rs 157.09 crore and a 14.4 percent q-o-q growth as compared to Rs 147.96 crore in Q3-16.

     

    Television segment reported an operating loss of 11.26 crore in FY-16 as compared to an operating profit of Rs 31.92 crore in FY-15. The segment reported an operating profit of 13.14 crore in Q4-16, 49 percent lower than Rs 25.78 crore in Q4-15. Television segments had reported an operating loss of Rs 3.44 crore in Q3-16.

     

    NDTV’s Retail/eCommerce (eCommerce) segment reported 17.5 percent decline in revenue at Rs 16.14 crore in FY-16 as compared to Rs 19.57 crore in the previous fiscal. eCommerce segment’s revenue in Q4-16 declined 62.2 percent y-o-y to Rs 2.57 crore  as compared to Rs 6.80 crore and declined 33.2 percent q-o-q from Rs 3.85 crore. The segment’s reported a higher operating loss in FY-16 at Rs 36.10 crore as compared to an operating loss of Rs 23.67 crore in FY-15. The segment’s operating loss in Q4-16 at Rs 10.30 crore was higher than the operating loss of Rs 9.99 crore in Q1-15 and higher than the operating loss of Rs 6.50 crore in Q4-15.

     

    Let us look at the other numbers reported by NDTV

     

    Total Expenditure (TE) in FY-16 increased 8.1 percent to Rs 624.47 crore (110.4 percent of TIO) as compared to Rs 577.89 crore (101.2 percent of TIO) in FY-15. TE in the current quarter increased 12.2 percent y-o-y to Rs 169.87 crore (100.1 percent of IO) as compared to Rs 151.34 crore (92.6 percent of TIO) and grew 6.2 percent q-o-q from Rs 159.89 crore (107.7 percent of TIO) in Q3-2016.

     

    NDTV’s consolidated Production Expense (PE) increased 1.2 percent in FY-16 to Rs 121.72 crore (21.5 percent of TIO) as compared to Rs 120.25 crore (21 percent of TIO) in FY-15. PE increased 22.3 percent y-o-y to Rs 41.09 crore (24.2 percent of TIO) from Rs 33.32 crore (20.4 percent of TIO) and grew 33.1 percent q-o-q from Rs 30.42 crore (20.5 percent of TIO).

     

    The company’s Marketing, distribution and promotional expense (Marketing expense) in the current year increased 20.7 percent to Rs 128.63 (22.7 percent of TIO) as compared to Rs 106.57 crore (18.7 percent of TIO) in FY-15. Marketing expense in the current quarter increased 30.4 percent y-o-y to Rs Rs 32.52 crore (19.2 percent of TIO) as compared to Rs 24.93 crore (15.3 percent of TIO) but was 10.9 percent lower q-o-q from Rs 36.50 crore (24.6 percent of TIO).

     

    NDTV’s Employee Benefit Expense (EBE) in FY-16 increased 9.7 percent to Rs 201.36 crore (35.6 percent of TIO) from Rs 183.55 crore (32.1 percent of TIO) in FY-15. EBE in Q4-16 increased 17.2 percent y-o-y to Rs 52.25 crore ( 30.8 percent of TIO)  from Rs 44.57 crore ( 27.3 percent of TIO) and increased 3.2 percent q-o-q from Rs 50.72 crore (34.2 percent of TIO).

     

    Operating and administration expenses (Admin expenses) in FY-16 increased 8.8 percent to Rs 132.76 crore (23.5 percent of TIO) from Rs 121.98 crore (21.4 percent of TIO) in FY-15. Admin expense in Q4-16 increased 13.9 percent y-o-y to Rs 36.72 crore (21.6 percent of TIO) from Rs 32.25 crore (19.7 percent of TIO) and grew 6.1 percent q-o-q from Rs 34.60 crore (23.3 percent of TIO).

    Finance Costs in the current year declined 3.4 percent to Rs 20.76 crore (3.7 percent of TIO) from Rs 21.48 crore (3.8 percent of TIO). Finance cost in the current quarter declined 12.2 percent y-o-y to Rs 4.66 crore (2.7 percent of TIO) from Rs  5.31 crore (3.2 percent of TIO) and declined 11.9 percent q-o-q from Rs 5.49 crore (3.6 percent of TIO).

     

    Company speak

     

    The NDTV board has decided to consider re-structuring / de-merger and separate listing of NDTV Convergence (ndtv.com) to unlock shareholder value. Ndtv.com is one of India’s most successful Internet businesses with a global reach and more than 65 million (6.5 crore) unique visitors a month. NDTV Convergence has been consistently profitable.

     

    NDVT’s eCommerce business

     

    Gadgets360.com – achieved a Gross Merchandize Value (GMV) of Rs 27 crores while maintaining a positive contribution margin per unit as well as total gross margin. The portal is now bigger than next 5 Indian tech sites combined.

     

    CarAndBike.com – was the exclusive launch partner for 4 cars in the span of the last 6 months of 2015-16. The fledgling startup has already on-boarded 8 OEM’s for direct sale of cars and bikes covering 40 percent of the new car market pan India. The site includes innovative features such as the consumer-to-consumer auction engine for used cars as well as regional language content and a complete host of allied services pertaining to loans and insurance.

     

    BandBaajaa.com – launched on 6th October 2015, which aims to be a one-stop shop for wedding planning, ideas, inspiration, shopping and execution has already partnered with 2,100 vendors across 15 cities in 14 categories like venues, photographers, makeup-artists, etc.

     

    Mojarto.com – launched as an online platform aggregating artists, galleries, artisans and designers from across the sub-continent into a marketplace.

  • Q2-2016: Hathway YoY revenue up 25.6%

    Q2-2016: Hathway YoY revenue up 25.6%

    BENGALURU: Indian multi system operator (MSO) Hathway Cable and Datacom Limited (Hathway) reported 25.6 per cent YoY growth in standalone Total Income from Operations (TIO) in Q3-2016 (quarter ended 31 December, 2015, current quarter) at Rs 300.43 crore as compared to Rs 239.15 crore and 9.6 per cent more than the Rs 270.03 crore in Q2-2016.

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

    All numbers in this report are standalone unless stated otherwise.

    The company’s EBIDTA (excluding other income) in Q3-2016 more than doubled (by 2.02 times) YoY to Rs 49.81 crore (16.6 per cent margin) as compared to Rs 24.58 crore (10.3 per cent margin) and increased 45.8 per cent QoQ as compared to Rs 34.15 crore (12.5 per cent margin) in the immediate trailing quarter.

    Subscription numbers, broadband, activation and placement revenue

    Hathway says that its consolidated set top box (STB) deployment reached 96 lakh subscribers (Q3-2016 addition eight lakh) as on 31 December, 2015 and that 80 per cent of its cable universe is digitised.

    Hathway consolidated broadband subscribers increased by 50,000 in Q3-2015 to 5.67 lakh.

    Cable TV subscription revenue in Q3-2016 increased 9.1 per cent YoY to Rs 108  crore as compared to Rs 99 crore and was almost flat (increased by less than 0.5 per cent) QoQ as compared to Rs 107.5 crore.

    Broadband subscription revenue in the current quarter increased 53.4 per cent YoY to Rs 78.7 crore as compared to Rs 57.7 crore and increased 9.5 per cent QoQ as compared to Rs 57.7 crore.

    Activation revenue in Q3-2016 more than tripled (3.1 times) YoY to Rs 22.3 crore as compared to Rs 7.2 crore and was almost fivefold (4.7 times) of the Rs 4.5 crore in Q2-2016.

    Placement revenue increased 8.4 per cent in the current quarter to Rs 82.2 crore as compared to Rs 75.8 crore in the corresponding prior year quarter, but declined 3.1 per cent as compared to Rs 84.8 crore in Q2-2016.

    ARPUs

    Net of taxes cable ARPU in Digital Addressable System (DAS) Phase I was Rs 102 and Phase II was Rs 83 as compared to Rs 100 and Rs 80 respectively in the immediate prior quarter.

    Hathway broadband standalone ARPUs increased 3.8 per cent QoQ from Rs 658 to Rs 683.

    Let us look at the other numbers reported by Hathway 

    Hathway’s standalone Total Expenditure in Q3-2016 increased 14.5 per cent YoY to Rs 314.27 crore (104.6 per cent of TIO) from Rs 274.39 crore (114.7 per cent margin) and increased 4.3 per cent from Rs 301.40 crore (110 per cent of TIO) in Q2-2015.

    Standalone Pay Channel cost in Q3-2016 increased 11.3 per cent to Rs 104.64 crore (34.8 per cent of TIO) from Rs 94.04 crore (39.3 per cent of TIO) and increased 6.5 per cent from Rs 98.27 crore (35.9 per cent of TIO) in Q2-2016.

    Employee Benefit Expense in Q3-2016 increased 37.4 per cent YoY to Rs 19.19 crore (6.4 per cent of TIO) from Rs 13.96 crore (5.8 per cent of TIO) in Q3-2015 and increased 6.4 per cent from Rs 17.83 crore (6.5 per cent of TIO) in Q2-2016.

  • Q2-2016: Hathway YoY revenue up 25.6%

    Q2-2016: Hathway YoY revenue up 25.6%

    BENGALURU: Indian multi system operator (MSO) Hathway Cable and Datacom Limited (Hathway) reported 25.6 per cent YoY growth in standalone Total Income from Operations (TIO) in Q3-2016 (quarter ended 31 December, 2015, current quarter) at Rs 300.43 crore as compared to Rs 239.15 crore and 9.6 per cent more than the Rs 270.03 crore in Q2-2016.

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

    All numbers in this report are standalone unless stated otherwise.

    The company’s EBIDTA (excluding other income) in Q3-2016 more than doubled (by 2.02 times) YoY to Rs 49.81 crore (16.6 per cent margin) as compared to Rs 24.58 crore (10.3 per cent margin) and increased 45.8 per cent QoQ as compared to Rs 34.15 crore (12.5 per cent margin) in the immediate trailing quarter.

    Subscription numbers, broadband, activation and placement revenue

    Hathway says that its consolidated set top box (STB) deployment reached 96 lakh subscribers (Q3-2016 addition eight lakh) as on 31 December, 2015 and that 80 per cent of its cable universe is digitised.

    Hathway consolidated broadband subscribers increased by 50,000 in Q3-2015 to 5.67 lakh.

    Cable TV subscription revenue in Q3-2016 increased 9.1 per cent YoY to Rs 108  crore as compared to Rs 99 crore and was almost flat (increased by less than 0.5 per cent) QoQ as compared to Rs 107.5 crore.

    Broadband subscription revenue in the current quarter increased 53.4 per cent YoY to Rs 78.7 crore as compared to Rs 57.7 crore and increased 9.5 per cent QoQ as compared to Rs 57.7 crore.

    Activation revenue in Q3-2016 more than tripled (3.1 times) YoY to Rs 22.3 crore as compared to Rs 7.2 crore and was almost fivefold (4.7 times) of the Rs 4.5 crore in Q2-2016.

    Placement revenue increased 8.4 per cent in the current quarter to Rs 82.2 crore as compared to Rs 75.8 crore in the corresponding prior year quarter, but declined 3.1 per cent as compared to Rs 84.8 crore in Q2-2016.

    ARPUs

    Net of taxes cable ARPU in Digital Addressable System (DAS) Phase I was Rs 102 and Phase II was Rs 83 as compared to Rs 100 and Rs 80 respectively in the immediate prior quarter.

    Hathway broadband standalone ARPUs increased 3.8 per cent QoQ from Rs 658 to Rs 683.

    Let us look at the other numbers reported by Hathway 

    Hathway’s standalone Total Expenditure in Q3-2016 increased 14.5 per cent YoY to Rs 314.27 crore (104.6 per cent of TIO) from Rs 274.39 crore (114.7 per cent margin) and increased 4.3 per cent from Rs 301.40 crore (110 per cent of TIO) in Q2-2015.

    Standalone Pay Channel cost in Q3-2016 increased 11.3 per cent to Rs 104.64 crore (34.8 per cent of TIO) from Rs 94.04 crore (39.3 per cent of TIO) and increased 6.5 per cent from Rs 98.27 crore (35.9 per cent of TIO) in Q2-2016.

    Employee Benefit Expense in Q3-2016 increased 37.4 per cent YoY to Rs 19.19 crore (6.4 per cent of TIO) from Rs 13.96 crore (5.8 per cent of TIO) in Q3-2015 and increased 6.4 per cent from Rs 17.83 crore (6.5 per cent of TIO) in Q2-2016.

  • Q3-2016: ENIL reports 23% YoY revenue

    Q3-2016: ENIL reports 23% YoY revenue

    BENGALURU: Indian private FM player Entertainment Network (India) Limited (ENIL) reported 22.9 per cent YoY increase in Total Income from Operations (TIO) in the quarter ended 31 December, 2015 (Q3-2016, current quarter) at Rs 143.57 crore as compared to the Rs 117.69 crore and 23.5 per cent higher QoQ as compared to Rs 116.27 crore in the immediate trailing quarter.

    The company’s profit after tax (PAT) in Q3-2016 declined 18.8 per cent to Rs 26.99 crore (18.8 per cent margin) as compared to Rs 32.84 crore (28.1 per cent margin) and was flat QoQ as compared to Rs 26.97 crore (23.2 per cent margin) in Q2-2016. 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 Q3-2016 at Rs 49.74 crore (34.6 per cent margin) was 11.6 per cent higher YoY as compared to Rs 44.58 crore (38.2 per cent margin) and was 39.3 per cent higher QoQ as compared to Rs 35.71 crore (30.7 per cent margin) in the previous quarter.

    ENIL total expense (TE) in Q3-2016 at Rs 102.74 crore (71.6 per cent of TIO) was 27.6 per cent higher YoY as compared to Rs 80.53 crore (69 per cent of TIO) and was 13.1 per cent higher QoQ as compared to Rs 90.86 crore (78.1 per cent of TIO) in Q2-2016.

    ENIL paid 17.5 per cent higher license fee in Q3-2016 at Rs 6.87 crore (4.8 per cent of TIO) as compared to Rs 5.84 crore (five per cent of TIO), but 12.3 per cent lower than the Rs 7.83 crore (6.7 per cent of TIO) in Q2-2016.

    The company’s marketing expense in Q3-2016 at Rs 31.78 crore (22.1 per cent of TIO) was 53.3 per cent more YoY as compared to Rs 20.73 crore (17.8 per cent of TIO) and was more than double (2.06 times) QoQ as compared to Rs 15.47 crore (13.3 per cent of TIO) in Q2-2016.

    The company’s programming and royalty expenses in the current quarter increased 20.6 per cent to Rs 4.77 crore (3.3 per cent of TIO) as compared to Rs 3.96 crore (3.4 per cent of TIO) in the corresponding year ago quarter and was 13.1 per cent higher than the Rs 4.22 crore (3.6 per cent of TIO) in Q2-2016.

    Other expenses in Q3-2016 at Rs 25.72 crore (17.9 per cent of TIO) was 24 per cent higher YoY as compared to Rs 20.73 crore (17.8 per cent of TIO) but was 18 per cent lower as compared to Rs 31.37 crore (21 per cent of TIO) in the immediate trailing quarter.

    Employee Benefit Expense (EBE) in Q3-2016 at Rs 24.70 crore (17.2 per cent of TIO) was 16.5 per cent more YoY as compared to Rs 21.21 crore (18.2 per cent of TIO) and was 14 per cent more QoQ as compared to Rs 21.67 crore (18.6 per cent of TIO).

    ENIL managing director and CEO Prashant Panday said, “The festive quarter has been a terrific one for us! We have grown by 23 per cent in Q3 this year after having grown at 19 per cent in the same quarter last year. With the roll-outs of Phase-3 stations well underway, we hope to see rapid growth in the years to come. The next five years belong to radio!”

    ENIL’s participation in the first batch of Phase-3 auctions resulted in an expansion of its footprint into seven new towns namely Chandigarh, Kochi, Kozhikode, Jammu, Srinagar, Guwahati and Shillong.

    Radio Mirchi with Delhi International Airport (P) Limited (DIAL) has recently launched ‘Mirchi T3’ radio at Terminal 3 of Delhi Airport. With Mirchi T3, Radio Mirchi looks to cater to the niche group of premium listeners who frequent the airport.

  • Q3-2016: ENIL reports 23% YoY revenue

    Q3-2016: ENIL reports 23% YoY revenue

    BENGALURU: Indian private FM player Entertainment Network (India) Limited (ENIL) reported 22.9 per cent YoY increase in Total Income from Operations (TIO) in the quarter ended 31 December, 2015 (Q3-2016, current quarter) at Rs 143.57 crore as compared to the Rs 117.69 crore and 23.5 per cent higher QoQ as compared to Rs 116.27 crore in the immediate trailing quarter.

    The company’s profit after tax (PAT) in Q3-2016 declined 18.8 per cent to Rs 26.99 crore (18.8 per cent margin) as compared to Rs 32.84 crore (28.1 per cent margin) and was flat QoQ as compared to Rs 26.97 crore (23.2 per cent margin) in Q2-2016. 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 Q3-2016 at Rs 49.74 crore (34.6 per cent margin) was 11.6 per cent higher YoY as compared to Rs 44.58 crore (38.2 per cent margin) and was 39.3 per cent higher QoQ as compared to Rs 35.71 crore (30.7 per cent margin) in the previous quarter.

    ENIL total expense (TE) in Q3-2016 at Rs 102.74 crore (71.6 per cent of TIO) was 27.6 per cent higher YoY as compared to Rs 80.53 crore (69 per cent of TIO) and was 13.1 per cent higher QoQ as compared to Rs 90.86 crore (78.1 per cent of TIO) in Q2-2016.

    ENIL paid 17.5 per cent higher license fee in Q3-2016 at Rs 6.87 crore (4.8 per cent of TIO) as compared to Rs 5.84 crore (five per cent of TIO), but 12.3 per cent lower than the Rs 7.83 crore (6.7 per cent of TIO) in Q2-2016.

    The company’s marketing expense in Q3-2016 at Rs 31.78 crore (22.1 per cent of TIO) was 53.3 per cent more YoY as compared to Rs 20.73 crore (17.8 per cent of TIO) and was more than double (2.06 times) QoQ as compared to Rs 15.47 crore (13.3 per cent of TIO) in Q2-2016.

    The company’s programming and royalty expenses in the current quarter increased 20.6 per cent to Rs 4.77 crore (3.3 per cent of TIO) as compared to Rs 3.96 crore (3.4 per cent of TIO) in the corresponding year ago quarter and was 13.1 per cent higher than the Rs 4.22 crore (3.6 per cent of TIO) in Q2-2016.

    Other expenses in Q3-2016 at Rs 25.72 crore (17.9 per cent of TIO) was 24 per cent higher YoY as compared to Rs 20.73 crore (17.8 per cent of TIO) but was 18 per cent lower as compared to Rs 31.37 crore (21 per cent of TIO) in the immediate trailing quarter.

    Employee Benefit Expense (EBE) in Q3-2016 at Rs 24.70 crore (17.2 per cent of TIO) was 16.5 per cent more YoY as compared to Rs 21.21 crore (18.2 per cent of TIO) and was 14 per cent more QoQ as compared to Rs 21.67 crore (18.6 per cent of TIO).

    ENIL managing director and CEO Prashant Panday said, “The festive quarter has been a terrific one for us! We have grown by 23 per cent in Q3 this year after having grown at 19 per cent in the same quarter last year. With the roll-outs of Phase-3 stations well underway, we hope to see rapid growth in the years to come. The next five years belong to radio!”

    ENIL’s participation in the first batch of Phase-3 auctions resulted in an expansion of its footprint into seven new towns namely Chandigarh, Kochi, Kozhikode, Jammu, Srinagar, Guwahati and Shillong.

    Radio Mirchi with Delhi International Airport (P) Limited (DIAL) has recently launched ‘Mirchi T3’ radio at Terminal 3 of Delhi Airport. With Mirchi T3, Radio Mirchi looks to cater to the niche group of premium listeners who frequent the airport.

  • Q2-2016: Mukta Arts EBIDTA up 32%

    Q2-2016: Mukta Arts EBIDTA up 32%

    BENGALURU: Mukta Arts Limited EBIDTA increased 31.9 per cent YoY in the quarter ended 30 September, 2015 (Q2-2016, current quarter) to Rs 2.16 crore (13.8 per cent margin) as compared to Rs 1.64 crore (6.8 per cent margin), but declined 2.2 per cent QoQ from Rs 2.21 crore (14.5 per cent margin). The company’s net Total Income from Operations (TIO) in the current quarter fell 34.8 per cent YoY to Rs 15.61 crore from Rs 23.95 crore, but increased 2.5 per cent QoQ from Rs 15.23 crore.

     

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

     

    Mukta Arts reported a small Profit after Tax (PAT) for the current quarter at Rs 0.32 crore (2.1 per cent margin) as compared to a loss of Rs 0.03 crore in Q2-2015 and a loss of Rs 1.43 crore in the immediate trailing quarter.

     

    Segment performance

     

    Mukta Arts has four segments-Software Division; Equipment Division (including other income); Theatrical Exhibition Division and ‘Others.’

     

    Software Division reported revenue of just Rs 1.64 crore in Q2-2016 as compared to Rs 13.89 crore in Q2-2015 and Rs 0.03 crore in Q1-2016. The segment reported less than one fourth of operating profit YoY at Rs 0.08 crore as compared to Rs 0.33 crore. This division had reported an operating loss of Rs 1.94 crore for the immediate trailing quarter.

     

    Equipment Division reported revenue of Rs 0.09 crore in the current quarter as compared to Rs 0.1 crore each in Q2-2015 and Q1-2015. The segment reported operating profit of Rs 0.05 crore in Q2-2016 as compared to a loss of Rs 0.12 crore in Q2-2015 and a loss of Rs 0.04 crore in the immediate trailing quarter.

     

    Theatrical Exhibition Division reported revenue of Rs 12.02 crore in the current quarter as compared to Rs 0.07 crore in Q2-2015 and Rs 11.14 crore in Q1-2016. The segment reported operating profit of Rs 1.36 crore in Q2-2016; operating profit of Rs 0.07 crore in Q2-2015 and operating profit of Rs 0.49 crore in Q1-2016.

     

    ‘Others’ segment reported revenue of Rs 1.87 crore in Q2-2016; revenue of Rs 1.96 crore in Q2-2015 and revenue of Rs 1.97 crore in Q1-2016. The segment reported operating profit of Rs 0.53 crore in Q2-2016; operating profit of Rs 1.68 crore in Q2-2015 and operating profit of Rs 1.40 crore in Q1-2016.

     

    Let us look at the other numbers reported by Mukta Arts

     

    Mukta Arts’ Total Expenditure in Q2-2016 reduced 37.3 per cent YoY to Rs 14.89 crore (95.4 per cent of TIO) from Rs 23.74 crore (99.1 per cent of TIO), but increased 3.4 per cent QoQ from Rs 14.41 crore (94.6 per cent of TIO).

     

    Distributors and producers share in the current quarter reduced 31.1 per cent YoY to Rs 3.96 crore (25.3 per cent of TIO) from Rs 5.74 crore (24 per cent of TIO), but increased 11.9 per cent QoQ from Rs 3.53 crore (23.2 per cent of TIO).

     

    Employee Benefits Expense in Q2-2016 increased 38 per cent YoY to Rs 2.12 crore (13.6 per cent of TIO) from Rs 1.54 crore (6.4 per cent of TIO), but reduced 2.6 per cent QoQ from Rs 2.18 crore (14.3 per cent of TIO).

     

    Purchase of Food and Beverages cost increased 18.9 per cent YoY to Rs 0.85 crore (5.4 per cent of TIO) from Rs 0.71 crore (3 per cent of TIO) and increased 7.7 per cent QoQ from Rs 0.79 crore (5.2 per cent of TIO).

     

    Finance costs in Q2-2016 reduced 12.9 per cent YoY to Rs 1.83 crore (11.8 per cent of TIO) from Rs 2.11 crore (8.8 per cent of TIO), but increased 5.4 per cent QoQ from Rs 1.74 crore (11.4 per cent of TIO).

  • Q2-2016: DQ Entertainment PAT up 45.6%

    Q2-2016: DQ Entertainment PAT up 45.6%

    BENGALURU: The Tapas Chakravarti led DQ Entertainment (International) Limited (DQEIL) reported 45.6 per cent YoY higher Profit after Tax (PAT) for the quarter ended 30 September, 2015 (Q2-2016, current quarter) at Rs 21.02 crore (43.9 per cent margin) from Rs 14.43 crore (27.4 per cent margin). The company had reported loss of Rs 12.65 crore in the immediate trailing quarter.

     

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

    (2) All numbers are consolidated unless stated otherwise.

     

    Segment Performance

     

    The company’s Animation segment reported an operating profit of Rs 20.66 crore in Q2-2016 from operating revenue of Rs 39.41 crore as compared to the operating profit of Rs 23.63 crore from operating revenue of Rs 39.94 crore in Q2-2015 and an operating profit of Rs 2.08 crore from operating revenue of Rs 23.93 crore in the immediate trailing quarter.

     

    The company’s distribution segment reported an operating loss of Rs 0.15 crore on operating revenue of Rs 8.45 crore in Q2-2016 as compared to the operating profit of Rs 12.02 crore on operating revenue of Rs 12.71 crore in Q2-2015 and an operating loss of Rs 6.51 crore on operating revenue of Rs 1.80 crore in Q1-2016.

     

    Let us look at the other numbers reported by DQEIL:

     

    DQEIL reported 9.1 per cent YoY reduction in total income from operations (TIO) in Q2-2016 to Rs 47.85 crore from Rs 52.64 crore, but an 86 per cent QoQ increase from Rs 25.73 crore.

     

    Total Expenditure in Q2-2016 increased 12.9 per cent YoY to Rs 28.50 crore (59.6 per cent of TIO)  from Rs 25.24 crore (47.9 per cent of TIO) but reduced 3.8 per cent QoQ from Rs  Rs 29.62 crore (115.1 per cent of TIO).

     

    The company’s finance expense in Q2-2016 was almost double (increased 98.1 percent) at Rs 14.86 crore (31.1 per cent of TIO) as compared to the Rs 7.50 crore (14.2 per cent of TIO) in Q2-2015 and increased 2.1 per cent QoQ from Rs 14.56 crore (56.6 per cent of TIO).

     

    DQEIL Production expense (PE) in Q2-2016 reduced 6.1 per cent YoY to Rs 1.67 crore (3.5 per cent of TIO) from Rs 1.78 crore (3.4 per cent of TIO) and reduced 55.5 per cent QoQ from Rs 3.75 crore (14.6 per cent of TIO).

     

    The company’s Employee Expense (EBE) in Q2-2016 at Rs 14.30 crore (29.9 per cent of TIO) reduced 6.8 per cent YoY from Rs 15.34 crore (29.1 per cent of TIO), but increased 7.5 per cent from Rs 13.30 crore (51.7 per cent of TIO) in Q1-2016.

  • Q2-2016: Balaji Telefilms’ QoQ PAT more than triples despite lower revenue

    Q2-2016: Balaji Telefilms’ QoQ PAT more than triples despite lower revenue

    BENGALURU: Balaji Telefilms Limited (Balaji Telefilms) reported 3.5 times consolidated profit after tax (PAT) in the quarter ended 30 September, 2015 (Q2-2016, current quarter) at Rs 7.29 crore (13.2 per cent margin) as compared to the Rs 2.09 crore (2.8 per cent of TIO) in the immediate trailing quarter. The company had reported a loss of Rs 75.80 crore in Q2-2015.

     

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

    (2) All numbers are consolidated unless stated otherwise.

     

    The company reported eight per cent YoY drop in consolidated total income from operations (TIO) current quarter to Rs 55.08 crore from Rs 59.86 crore and 27.3 per cent drop from Rs 74.64 crore in Q1-2016. 

     

    The company’s revenue from commissioned programs segment in Q2-2016 increased YoY to Rs 51.18 crore from Rs 49.33 crore but declined 30.4 per cent from Rs 73.58 crore in the immediate trailing quarter. The segment’s operating profit in the current quarter increased by 2.2 times YoY to Rs 13 crore from Rs 5.85 crore and increased 11.4 per cent QoQ from Rs 11.67 crore.

    Total programming hours (excluding Nach Baliye) in the current quarter at 199 were lower than 219 hours in Q2-2015 and 209 hours in Q1-2016. Revenue per hour in Q2-2016 was Rs 24.3 lakh, higher than the Rs 20.50 lakh in the year ago quarter. For the immediate trailing quarter, revenue per hour was also Rs 24.3 lakh. The company says that drop in number of hours in the current quarter is mainly on account of Jodha Akbar going off-air in August 2015.

     

    Balaji’s other segment – Films, reported revenue of just Rs 1.64 crore in the current quarter as compared to Rs 9.43 crore in Q2-2015. The segment reported revenue of Rs 1.04 crore in Q1-2016.

     

    Film’s segment reported operating profit of Rs 0.06 crore in Q2-2016 as compared to an operating loss of Rs 7.46 crore in Q2-2015 and an operating loss of Rs 0.45 crore in the immediate trailing quarter.

     

    Total Expenditure in the current quarter declined 10.2 per cent to Rs 45.85 crore as compared to Rs 51.07 crore in the corresponding year ago quarter and declined 28.5 per cent from Rs 64.16 crore in the immediate trailing quarter.

     

    The company’s cost of production in the current quarter declined 33 per cent YoY to Rs 36.7 crore from Rs 54.6 crore and declined 39 per cent QoQ from Rs 60.2 crore.

     

    Staff cost increased 19 per cent YoY and QoQ to Rs 50 crore from Rs 42 crore.