Television

Q3-2015: Radio companies y-o-y operating results up 49.7%; YTD up 61.9%

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2015/03/12/radio%20mirchi.jpg?itok=J9nusxei

BENGALURU: Q3-2015 has been a great quarter and 9M-2015 even better for the radio industry as is evident from the PAT /Operating results posted for six radio groups representing 90 radio stations or 36.7 per cent of the 245 private FM radio stations universe under phases I and II in India. 

This report considers PAT posted by two radio companies (ENIL – Radio Mirchi, 33 radio stations; Jagran Prakashan – Radio City – 20 radio stations) that equals 53 radio stations or 21.6 per cent of the current total universe in the country and 58.9 per cent of the radio stations considered here. If one were to consider only the operating results of these companies, the operating profitability numbers would be even higher. Also, figures for Radio City are not exact and have been rounded off, as is evident from the figures mentioned by Jagran Prakashan in its various filings with the bourses and investor presentations.

Operating results for radio segments of three of the four other companies - DB Corp (My FM-17 stations), B.A.G Films (Radio Dhamaal, 10 stations) and HT Media (Fever FM, four stations) have shown improvement, with TV Today’s Oye FM (six stations) being only one that has shown income de-growth but has reported a reduction of operating loss from Rs 2.90 crore in Q3-2014 to a lower loss of Rs 1.94 crore in the current quarter.

There is a deviation in this report from normal practise – PAT numbers of the two companies that have indicated them separately have been combined with the operating results of the other four companies here to arrive at the total numbers considered here, which makes this not completely an apples to apples story. 

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

Total income reported by the six radio groups for Q3-2015 at Rs 233.60 crore was 18.7 per cent more y-o-y as compared to the Rs 196.76 crore. Operating Profit/PAT for Q3-2015 at Rs 67.83 crore was 49.7 per cent more as compared to the Rs 45.30 crore reported for Q3-2014. 

For 9M-2015, income reported by the six groups for radio operations was Rs 631.05 crore, which was 19.2 per cent more than the Rs 529.44 crore in 9M-2014, while Operating Profit/PAT in 9M-2015 at Rs 151.73 crore was 61.9 per cent more than the Rs 93.72 crore reported for last year’s corresponding nine month period.

Q3-2015 and 9M-2015 growth rates of revenue and PAT/results reported by these companies are also definitely better than those reported for FY-2014 (year ended 31 March, 2014) when compared to FY-2013 (year ended 31 March, 2013). For FY-2014, combined revenue reported by the six radio groups was Rs 739.64 crore, which was 12.2 per cent higher than the Rs 659.23 crore in FY-2013. PAT/Operating result for FY-2014 was Rs 154.22 crore, which was 46.3 per cent more than the Rs 105.45 crore in FY-2013. 

It must be pointed out here that the biggest player in terms of revenues as well as performance in this list of six radio players is ENIL or Radio Mirchi. In Q3-2015, ENIL’s revenue of Rs 116.98 crore formed 50.1 per cent of the total revenue of Rs 233.60 reported by all the six listed players in that quarter and its PAT of Rs 32.84 crore is 48.4 per cent of the performance (PAT/Operating profit reported) by the six players.

ENIL’s income and PAT in Q3-2015 were 18.7 per cent higher and 40.9 per cent more than the income and PAT respectively reported by the company for the corresponding year ago quarter, albeit equal to and lower when compared to the six companies revenue and PAT that grew 18.7 per cent  and 49.7 per cent respectively.

For Q3-2015, Radio Dhamaal showed the largest y-o-y revenue growth of 173.8 per cent to Rs 2.43 crore from Rs 0.89 crore in the corresponding year ago quarter while Radio City reported the largest growth in PAT of 147.8 per cent to Rs 17.10 crore in Q3-2015 from Rs 6.90 crore reported in the corresponding year ago quarter. As a matter of fact, Radio Dhamaal has shown a good a turnaround during 9M-2015 with an operating profit of Rs 1.12 crore as compared to a loss of Rs 2.08 crore in 9M-2014. 

The lowest y-o-y growth in revenue was actually de-growth or fall in revenue of 8.5 per cent by Oye FM in Q3-2015 at Rs 4 crore as compared to the Rs 4.37 crore in Q3-2014. 

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/19/top.jpg?itok=GTUQCUJG
Business news most benefited genre in Chrome DM week 24

With a growth of 1.24 per cent as compared to last week (23), the business news genre marked the highest opportunity to see (OTS) among all categories in week 24. Zee Business gained the highest OTS with 84.3 per cent in six metros, according to the data compiled by Chrome Data Analytics and Media...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/19/Deepak-Rajadhyaksha.jpg?itok=64BctKo6
Zee TV to launch the third season of 'India's Best Dramebaaz'

MUMBAI: Locked in a see-saw battle with Colors for top billing in the Hindi GEC space, Zee TV has made its latest move. The Puneet Goenka-led channel's latest offering to the Indian audiences is season three of 'India's Best Dramebaaz'. Having enjoyed a successful run during the first two seasons...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/18/india.jpg?itok=v7SMB1PQ
Sony to soon launch Indian Idol season 10

MUMBAI: Indian Idol, one of Sony’s most acclaimed reality shows, is all set to come back on small screen with its tenth installment. Considering that all its previous seasons have done exceedingly well, there are great expectations this year as well. Sony has released its first promo, captioned #...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/18/ipl.jpg?itok=G15HVAwJ
VIVO IPL: VIVO IPL on Star Sports register highest ever engagement

Revolutionizing the way, the world experiences VIVO IPL, Star India reimagined VIVO IPL in to a six-month fiesta instead of just a two-month tournament. Keeping fans at the heart of the experience, Star India used the confluence of technology, consumer insight, and experience in cricket coverage,...

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/18/abhishek.jpg?itok=KDMML6C5
Abhishek Upadhyay joins &TV as marketing head

Abhishek Upadhyay, who headed marketing for OLX, has been appointed marketing head of &TV, the Hindi language GEC channel of Zee Entertainment Enterprise Limited (ZEEL).

Television TV Channels People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/18/saral.jpg?itok=k0DYsipd
Saral Jeevan adds three new programs to its prime time offering

Saral Jeevan, a Kannada infotainment channel, is launching three shows today. While one of them is season two of Jnanapada (based on folk songs), the other two programs are based on factual content. With a focus on non- fiction programming like history, mythology, travel and insights from Indian...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/18/discovery.jpg?itok=UmdA492J
Discovery joins hands with BYJU’S for quiz show

Discovery Communications India and BYJU’S, the Learning App, has joined hands to launch a school quiz show called the Discovery School Super League.

Television TV Channels Factual & Documentary
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/18/john.jpg?itok=M2fDq-bg
Time Warner to be renamed Warner Media, Turner CEO exits

AT&T announced on Friday, its first full day of owning Time Warner, that the operating businesses in the $85 billion acquisition will be contained in an entity called WarnerMedia. The names of the operating units - HBO, CNN, Warner Bros., TNT, etc. - will stay the same.

Television TV Channels People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/18/mallika.jpg?itok=Ld06iORE
This special musical video follows Bani J tirade against trolls as a part of ‘Trolled’ series on RISE by TLC

After a power packed punch by Bani J to the misogynistic trollers, comedy sensation Mallika Dua is all set to fire back with her quirks and wits and show the internet hate its place. This will be the second short format music video under the ‘TROLLED’ series and will premiere on Rise by TLC, a...

Television TV Channels Factual & Documentary

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories