Television

Backed by new media, Shemaroo reports improved numbers for first quarter

http://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2017/09/14/hiren-gada.jpg?itok=TGIqdC-n

BENGALURU: Indian integrated media content house Shemaroo Entertainment Limited (Shemaroo) reported  8.6 percent higher  y-o-y consolidated Total Revenue for the quarter ended 30 June 2017 (Q1-17, current quarter) at Rs 1,045.1 million as compared to the Rs 962 million in Q1-17. Shemaroo?s consolidated PAT for the current quarter improved 21.5 percent y-o-y to Rs 160.30 million (15.3 percent margin) as compared to the Rs 131.90 million (13.7 percent margin) in the corresponding quarter of the previous year.

Revenue from operations increased 8.1 percent y-o-y to Rs 1,036.40 from Rs 958.70 million. In its earnings release, Shemaroo says that revenue from new media increased 41.7 percent y-o-y in Q1-18 to Rs 285.3 million from Rs 201.4 million. However, revenue from traditional media declined 1.5 percent in the current quarter to Rs 738.2 million as compared to Rs 749.6 million in the corresponding year ago quarter.

Shemaroo?s EBIDTA including other income in the current quarter at Rs 343 million (32.8 percent margin) increased 12.9 percent y-o-y from Rs 303.70 million (31.6 percent margin).

Shemaroo wholetime director and CFO Hiren Gada said, ?After few quarters of impact, the traditional media business has slowly recovered to near normal levels post demonetization. We have achieved an overall topline growth of 8.6 percent on a y-o-y basis. We continue to expand our digital reach and have managed to maintain our upward trajectory with a growth rate of 41.7 percent on a y-o-y basis in the digital media business. Our huge content library with varied genres and our expertise to monetize it, helps us offer our audiences their preferred choice of content on desired platforms.?

Let us look at the other numbers reported by Shemaroo

The company?s Total Expenditure (TE) in Q1-18 at Rs 795.5 million (76.1 percent of TIO) was 7.9 percent more y-o-y than the Rs 737 million (76.6 percent of TIO).

The company?s cost of Raw Materials consumed more than doubled (increased 2.25 times) y-o-y in Q1-18 to Rs 1312.50 million (125.6 percent of TIO) as compared to Rs 583.80 million (60.7 percent of TIO). Changes in inventories of finished goods and work in progress resulted in reduction of Rs 754.90 million in the current quarter as compared to a reduction of Rs 46.60 million in the corresponding year ago quarter.

Employee Benefit Expense (EBE) in Q1-18 increased 9.1 percent y-o-y to Rs 83.80 million (8 percent of TIO) as compared to Rs 76.80 million (8 percent of TIO).

Finance costs in the current quarter increased 18.6 percent (7.8 percent margin) y-o-y as compared to Rs 68.30 million (7.1 percent margin).Other expense in Q1-18 increased 37.6 percent to Rs 60.80 million (5.8 percent margin) from Rs 44.20 million (4.6 percent margin) in Q1-17.

Basic and undiluted EPS (not annualised) for Q1-17 was Rs 5.17, for Q1-16 it was Rs 4.29; in Q4-2016 EPS was Rs 6.05.

Operational highlights as per the company?s media release

Shemaroo says that in Q1-18, it:

Signed a content deal with YuppTV

Crossed 3 million subscribers on our flagship YouTube channel ?ShemarooEnt'

Crossed 3 million subscribers on its YouTube channel ?FilmiGaane?

Crossed 2 billion cumulative views on its YouTube channel ?FilmiGaane? Crossed 5 lakh subscribers on its YouTube channel ?Indian Comedy?

Launched with Airtel Digital TV: a) Bhojpuri Service in April 2017 b) Comedy Service in May 2017

Launched with Tata Sky: a) Tata Sky Bollywood Premiere Service in May 2017. 'Miniplex' service makes way for this service b) Tata Sky Classic Cinema service in June 2017"

The company claims that some brands have pulled their advertising out from YouTube since some of their ads were shown next to hateful and offensive content. As a result, YouTube has implemented stricter brand safety guidelines and therefore stopped monetizing certain videos.

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/24/dsport.jpg?itok=zvJEwZX0
DSPORT to broadcast ‘Ryder Cup’ for viewers in India starting 28th Sep, 2018, 11:30 AM onwards

The 42nd edition of the biennial ‘Ryder Cup’ will bring the long lasting existing rivalry between golfers of Europe and USA for the Indian viewers. The prestigious tournament will be telecast live on DSPORT from 28th - 30th September, 2018 from 11:30 am onwards for the first two days while the...

Television TV Channels Sports
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/24/soarav.jpg?itok=-kknsSs9
Football er daak shune Bangali ashbena? Etao ki hote paare? Cholo, Shonge cholo! Banglar jeet hok! Says Sourav Ganguly in Star Sports’ new TVC for Season 5 of the Hero Indian Super League

KOLKATA: Hero Indian Super League – India’s premier football league, kicks off in a week’s time on September 29, 2018, with two-time champions ATK hosting Kerala Blasters. The season is full of optimism for ATK and its fans as the 2014 & 2016 champions are sporting a new look this year with...

Television TV Channels Sports
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/24/ok.jpg?itok=YYf_ABNV
Leap into the future and befriend the greatest superheroes as Cartoon Network premieres OK K.O.! Let’s Be Heroes

A deadly swagger, a flamboyant persona and a long cape that makes you drool – is this the perfect recipe for a hero? Not anymore! Meet K.O. – a young and ambitious boy on a mission to become the world’s greatest hero! Taking on the might of a nefarious villain, K.O. is proof that all you need is...

Television TV Channels Kids
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/24/Nicktoons.jpg?itok=3KjTvx8n
Nicktoons Motu-Patlu and Shiva join hands with CMCA’s 700 students for a Chakachak Mumbai

The network with a humane purpose, Viacom18, along with 700 student volunteers associated with the Children’s Movement for Civic Awareness (CMCA) today supported the city civic authorities by organizing a clean-up drive across major beach promenades in the city.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/24/sky.jpg?itok=Cv6PmVnx
Comcast outbids 21st CF in Sky deal with $40 bn offe

US cable giant Comcast made a winning bid against 21st Century Fox and the Walt Disney Co for European pay-TV operator Sky by offering nearly $40 billion. The rare three round auction was managed by UK's Takeover Panel.  

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/24/dnpa.jpg?itok=zISgvoTn
Comment: DNPA formation raises key questions & upsets independent publishers

“When it comes to rain making, not all followers are equally valuable. Some people have a lot more influence than others,” said Areva Martin, author and autism expert, in `Make It Rain!: How to Use the Media to Revolutionize Your Business & Brand’.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/22/rv.jpg?itok=F7QrH1aA
Untapped TV audience of 100 mn for international channels

The International Television Research Group (inTV) and GlobalWebIndex compared internet users aged 16-64 who watch any of the international TV channels such as BBC News, Bloomberg Television, CNBC, CNN, Euronews, Eurosport, France 24, National Geographic Channel, Sky News and TV5Monde channels at...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/22/zee.jpg?itok=BLz1u0z9
Zeel channels continue to rule Hindi channels; Colors, Star Maa return to across genres list

BENGALURU: Zee Entertainment Enterprises Ltd (Zeel) free to air (FTA) Hindi GECs Zee Anmol and flagship Zee TV were once again ranked second and third in Broadcast Audience Research Council of India (BARC) weekly list of top 10 channels across genres for week 37 of 2018 (Saturday, 8 September 2018...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/22/Colors_Bangla1.jpg?itok=BJ2UigU_
Kannada, Marathi, Tamil, Telugu market witness no change in BARC week 37

Colors Bangla and Jalsha Movies swapped their third and fourth positions in the Bengali space in the BARC data’s week 37. Big Ganga and Bhojpuri Cinema exchanged their first and second positions in the Bhojpuri segment. In the Kannada, Marathi, Tamil and Telugu market, no changes were observed....

Television TV Channels Viewership

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories