Television
×

Q1-2016: Films & TV segments contribute to Saregama’s revenue growth

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2015/08/18/TV%20MUSIC%20financial.png?itok=m7BXJ9-6

BENGALURU: Until the current quarter, revenues of the Indian custodians of music company Saregama Limited (Saregama) Film and Television segment had been contributing about 35 per cent to the company’s Total Income from Operations. For the quarter ended 30 June, 2015 (Q1-2016), the film and TV segment’s contribution of Rs 23.56 crore increased to 45.3 per cent of Saregama’s TIO of Rs 51.97 crore. The company’s Music segment contributed Rs 28.41 crore or 54.7 per cent of the company’s TIO in the current quarter.

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

Segment Numbers

The company classifies its numbers by the two segments mentioned above – Music and Film and Television.

Saregama’s Music segment reported operating revenue of Rs 28.41 crore (54.7 per cent of TIO) in Q1-2016, which was 1.9 per cent more than the Rs 27.88 crore (65.9 per cent of TIO) in Q1-2015, but 25.3 per cent lower than the Rs 38.02 crore (64.3 per cent of TIO) Iin Q4-2015.

Music segment reported operating profit in Q1-2016 of Rs 12.05 crore, which was 6.5 per cent lower than the Rs 12.89 crore in Q1-2015 and less than half (lower by 51.3 per cent ) the Rs 24.76 crore in Q4-2015.

Film and television segment reported operating revenue of Rs 23.56 crore (45.3 per cent of TIO) in Q1-2016, which was 63.3 per cent more than the Rs 14.43 crore (34.1 per cent of TIO) in Q1-2015 and 11.4 per cent more than the Rs 21.14 crore (35.7 per cent of TIO) in Q4-2015.

Film and television segment reported a lower operating loss in Q1-2016 at Rs 0.34 crore as compared to the operating loss of Rs 0.82 crore in the corresponding year ago quarter and lower than the operating loss of Rs 6.06 crore in Q4-2015.

Let us look at the numbers reported by Saregama:

The company’s TIO in Q1-2016 at Rs 51.97 crore increased 22.8 per cent as compared to the Rs 42.31 crore in the corresponding year ago quarter Q1-2015, but declined 12.2 per cent as compared to the Rs 59.16 crore in the immediate trailing quarter Q4-2015.

The company also reports revenue from three other streams – Net Sales Income, License Fee, and other. Net Sales Income in Q1-2016 increased 57.9 per cent to Rs 23.80 crore (45.8 per cent of TIO) as compared to the Rs 15.07 crore (35.6 per cent of TIO) in Q1-2015 and increased 5.7 per cent as compared to the Rs 22.51 crore (38 per cent of TIO) in Q4-2015.

License Fees income in the current quarter increased three per cent to Rs 28.15 crore (54.2 per cent of TIO) as compared to the Rs 27.12 crore (64.1 per cent of TIO) in Q1-2015 but was 23.1 per cent lower than the Rs 36.62 crore (61.9 per cent of TIO) in Q4-2015.

Other Income in the current quarter was Rs 0.02 crore, for Q1-2015 it was Rs 0.03 crore and for Q4-2015 it was Rs 01.2 crore in Q4-2015.

Saregama reported decline in both year on year (YoY) and quarter on quarter (QoQ) profit after tax (PAT) in Q1-2016. PAT in Q1-2016 at Rs 2.63 crore (5.1 per cent margin) was 21.7 per cent lower than the Rs 3.36 crore (7.9 per cent margin) in Q1-2015 and was less than a third (declined by 70.6 per cent) the Rs 8.96 crore (15.1 per cent margin) in Q4-2015.

Saregama’s Total Expenses in the current quarter in Q1-2016 at Rs 49 crore (94.3 per cent of TIO) was 25.1 per cent more than the Rs 39.16 crore (92.6 per cent of TIO) in Q1-2015 but was 8.2 per cent lower than the Rs 53.40 crore (90.3 per cent of TIO) in Q4-2015.

The company’s Royalty Fee expense in Q1-2016 at Rs 4.79 crore (9.2 per cent of TIO) was 10.3 per cent lower than the Rs 5.34 crore (12.6 per cent of TIO) in Q1-2015 but was 76.1 per cent more than the Rs 2.72 crore (4.6 per cent of TIO) in Q4-2015.

Saregama’s advertising and sales promotion expense in Q1-2016 at Rs 2.13 crore (4.1 per cent of TIO) was 12.3 per cent lower than the Rs 2.43 crore (5.7 per cent of TIO) in Q1-2015 but was 19 per cent more than the Rs 1.79 crore (three per cent of TIO) in Q4-2015.

Saregama’s Employee Benefit Expense in the current quarter at Rs 8.80 crore (16.9 per cent of TIO) was 19.6 per cent more than the Rs 7.36 crore (17.4 per cent of TIO) in Q1-2015 and two per cent more than the Rs 8.63 crore (14.3 per cent of TIO) in Q4-2015.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/23/foodfood.jpg?itok=gCF4k0Ki
FOODFOOD announces veeba cook off powered by Daawat Basmati Rice and Tata Sampann

Cooking doesn’t get tougher than this! FOODFOOD Pro an initiative of FOODFOOD, India's premier 24x7 Food and Lifestyle channel is proud to announce an intense and exciting eleven - episode series, VEEBA COOK-OFF, a challenge, that is purely ‘By the Professionals and For the Professionals'. This...

Television TV Channels Factual & Documentary
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/23/sony-max.jpg?itok=Rmc_jk74
Celebrate Republic Day with megastar league on Sony Max 2

MUMBAI: On Republic Day get ready for an all day long movie marathon with India’s iconic Hindi movie channel from Sony Pictures Networks, SONY MAX 2. Binge-watch the movies of some of Bollywood’s megastars throughout the day on 26th January with SONY MAX 2’s Megastar League. 

Television TV Channels Movie Channels
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/23/star-gold.jpg?itok=aEnqdAVj
2017 blockbuster hit 'Golmaal Again' will make its television premiere on star gold this friday

Star Gold is kicking off the year with the World Television Premiere of one of the most succesful films of 2017, Golmaal Again, that raked in over 200 crores at the box office and set it on fire with its unmatched gags and action. The film that left audiences in splits of laughter and many ‘...

Television TV Channels Movie Channels
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/23/myleeta.jpg?itok=Jp2DoL6W
BBC Worldwide India announces partnership with Applause Entertainment

BBC Worldwide India has announced a partnership with Aditya Birla Group’s Applause Entertainment that will see the two organisations working together to develop and produce Indian versions of iconic BBC formats.

Television Production House Non-Fiction
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/23/us.jpg?itok=F5fKKb42
Bring in Republic Day with the award-winning political comedy VEEP on Star World

Our 68th Republic Day is just around the corner and considering the political scenario in our country and globally, Star World has lined-up a marathon of a show that is not only entertaining but also takes a satirical view into what goes on behind-the-scenes in government policy-making and...

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/23/icai_0.jpg?itok=Zpp1ilCw
ZEEL president - Legal & Regulatory Affairs, Mr. Avnindra Mohan conferred prestigious "CA Distinguished Achiever - 2017" Award by ICAI

Mr. Avnindra Mohan, President – Legal & Regulatory Affairs, Zee Entertainment Enterprises Ltd has been selected as the winner of the prestigious award in the category “CA Distinguished Achiever-2017” for exceptional performances and achievements by the Institute of Chartered Accountants of...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/23/karan.jpg?itok=mCWRXjXX
Discovery India ties-up with Reliance Animation to produce kids IP

Discovery Communications India has commissioned Reliance Animation to produce a new disruptive Indian original content series Little Singham, an animation series inspired by the movie Singham. Targeted at kids in the age-group 4-8 years old, Little Singham will make its debut on television in...

Television TV Channels Kids
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/23/Shubhranshu_singh.jpg?itok=OUkY580T
Star Sports EVP and marketing head Shubhranshu singh quits

MUMBAI: Star Sports Executive Vice President and Head Marketing Shubhranshu Singh has quit the company after a four-year stint.

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/22/bajaj.jpg?itok=z_mfKL62
Discovery bags nine sponsors for Battle Ops

Battle Ops, Discovery Communications India’s (DCIN) integrated television and digital offering, has received a resounding response from the advertiser community. The show, which will premiere on Discovery Channel and Veer on 26th January, has already sold out with nine sponsors on board.

Television TV Channels Specialised and Niche

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories