Television

FY-16: Zee Media board proposes 15 percent dividend

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2016/05/27/zee-media.jpg?itok=fmapwXgd

BENGALURU: The board of Zee Media Corporation Limited (ZMCL), the erstwhile Zee News Limited has recommended payment of equity dividend of Re. 0.15/- per equity share of Re. 1/- each (equivalent to 15 percent on the paid up equity capital), to the equity shareholders for the year ended 31 March 2016 (FY-16, current year). Despite almost flat standalone (up by 0.9 percent) revenue in FY-16 as compared to FY-15, the company has reported more than triple the stand alone profit at Rs 18.75 crore (4.9 percent PAT margin) as compared to Rs 6.17 crore (1.6 percent margin). The company has reported a drop in expenses for the current year as compared to the previous year.

ZMCL reported standalone total income from operations (revenue, TIO) of Rs 383.61 crore in FY-16 as compared to Rs 380.33 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.

The ZMCL board also took on record the resignation of Subhash Chandra as director and non-executive chairman of the company with effect from May 24, 2016; and

The ZMCL boards has, based on recommendations of nomination and remuneration committee, approved appointment of R K Arora, CEO as an additional director and upon such appointment, his appointment as an executive director & CEO of the Company for a period of 3 years with effect from May 24, 2016.

Let us look at the other numbers reported by ZMCL

On a consolidated basis, TIO declined marginally by 0.3 percent to Rs 542.91 crore in the current fiscal from Rs 544.33 crore in FY-15. The company reported consolidated profit before tax (PBT) of Rs 2.87 crore in the current year as compared to a consolidated loss before tax of Rs 55.51 crore in FY-15.

Revenue from ZMCL’s Television segment in FY-16 increased 3 percent to Rs 434.59 crore from Rs 422.12 crore in FY-15. ZMCL’s Television segment reported EBIDTA of Rs 79.99 crore in the current year as compared to Rs 59.57 crore in the previous year.

Revenue from the print segment declined 24.4 percent to Rs 108.53 crore in FY-16 from Rs 143.62 crore in FY-15. Print segment reported an operating loss of Rs 0.2 crore as compared to an operating loss of Rs 21.41 crore in FY-15.

ZMCL’s advertising revenue in FY-16 increased 1.8 percent to 401.15 crore from Rs 393.88 crore in FY-15. Advertising revenue from existing television channels in FY-16 increased 1.3 percent to Rs 302.12 crore as compared to Rs 296.74 crore in FY-15. Advertising revenue from new channels in FY-16 more than doubled (2.02 times) to Rs 29.71 crore from Rs 13.81 crore in FY-15.

Subscription revenue in the current year declined 9.8 percent to Rs 102.39 crore from Rs 113.54 crore in the previous year. Other sales and services revenue in FY-16 increased 6.7 percent to Rs 39.37 crore as compared to Rs 36.91 crore in FY-15.

Total consolidated expense in FY-16 declined 8.1 percent to Rs 465.12 crore from Rs 506.17 crore.

Cost of goods and operations in FY-16 declined 15.8 percent to Rs 132.87 crore from Rs 157.90 crore. Employee cost in the current year declined 8.3 percent to Rs 147.35 crore from Rs 160.66 crore in FY-15. Other expenses declined 1.4 percent to Rs 184.90 crore in FY-15 from Rs 187.61 crore in the previous year.

Company speak

ZMCL executive director and CEO RK Arora said: “The Indian economy continues to outperform other major economies of the world. Forecast for a good monsoon season is expected to further fuel the growth. With the macroeconomic environment promising a bright future, the media and entertainment industry is expected to use the emerging opportunities – increased ad spends – to chart a robust growth path. We at ZMCL have adopted a three pronged approach for innovation and growth. For our advertisers, we are constantly bringing out new innovations to maximize their return on investment. For our audience, our endeavor is to provide differentiated, innovative, and positive news content which cuts through the morass of the market. For our shareholders, we are constantly striving to use technology and enhance processes to establish industry benchmarks. Our significantly improved profit margins point towards the success we have achieved in our endeavours.”

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/20/hul%20%281%29.jpg?itok=RZX0thii
Online, music cos.enter top 10 TV advertisers list in week 2 of 2017

The first week of 2017 saw an all FMCG hold over the top 10 television advertisers list in terms of ad insertions as per BARC data. The total number of television ad insertions by the top10 brands in week 1 of 2017 (Saturday, 31 December 2016 to Friday 6 January 2017) was 268,323 as per Broadcast...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/20/Sun%20TV%20%281%29.jpg?itok=PP6ytKhV
Sun TV to air Nandini on four GEC channels

Sun TV Network is set to launch its magnum opus fiction Nandini on all its four south Indian GEC channels, namely -- Sun TV, Gemini TV, Udaya TV and Surya TV from 23 January.

Television TV Channels Regional
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/20/vikas-khanchnadani%20%281%29.jpg?itok=x-8QnjSF
RBNL ex-CBO Khanchandani joins Arnab's Republic

Vikas Khanchandani former RBNL chief business officer has joined Republic as the chief executive officer. With over two decades of working across ad sales, digital, television and media technology, Khanchandani will play an integral role to grow Republic as an independent media tech company.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/20/zeel%20%281%29.jpg?itok=cqlzQ-tv
Broadcasters bat for parity with print medium under GST

The Indian Broadcasting Foundation (IBF) today urged the government to level the playing field under the proposed GST regime for “all mediums”, including electronic, radio and print, as businesses across sectors had taken a hit due to demonetisation of high value currency notes November last.

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/20/alibaba.jpg?itok=l-4J-9ON
Alibaba starts Olympic run with a multi-billion $ sponsorship deal

Chinese e-commerce giant Alibaba Group yesterday started its Olympic run by signing a multi-billion dollar multi-year deal with the International Olympic Committee (IOC) to become the official `Cloud Services’ and `E-commerce Platform Services’ partner, as well as a Founding Partner of the Olympic...

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/20/pesha-bajrao.jpg?itok=ciXGnCnZ
Sony Entertainment launches historical series 'Peshwa Bajirao'

MUMBAI: Sony Entertainment Television is bringing to television viewers the glorious life of India’s only undefeated warrior/commander -- Peshwa Bajirao, his unconventional ways, his principles in life, his passion and his ideologies.

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/20/NP-SINGH-DANISH-KHAN-800x800.jpg?itok=X4ORURUi
Sony Entertainment TV plans to expand its early prime time to 6pm

MUMBAI: With the launch of its new offering Peshwa Bajirao, Sony Entertainment Television has entered the 7.30 pm time slot. The channel has expanded its prime time to 7.30pm, and plans to expand it further to 6pm time band in coming 12-18 months. Speaking to Indiantelevision.com, Sony Pictures...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/19/miss%20%281%29_1.jpg?itok=x_7NkjRo
Miss Universe 2016 to air on Zee Café live from Philippines

After the success of stunning events such as Miss World 2016 Live and Victoria’s Secret Fashion Show, Zee Café, the ultimate English GEC brings to its viewers yet another -global event, Miss Universe Live this January, 2017.

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/19/naagin%20%281%29.jpg?itok=dmJsHL_0
Colors leads BARC week 2 Hindi GEC (U+R) market

Naagin’s magic continued to make Colors the number one channel in Hindi GEC (U+R) even as Star Plus led the genre in the Urban Hindi GEC market. In Rural Hindi GEC market, Rishtey topped the chart again this week, according to the Broadcast Audience Research Council (BARC) all India data of week 2...

Television TV Channels Viewership

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories