Television

Q4-2014: Raj TV board recommends 5 per cent final dividend for FY-2014

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2014/05/14/raj_tv_0.jpg?itok=P66FUyF5

Updated: 03:58 PM

BENGALURU: The shareholders of Raj Television Network (Raj TV) have further reason to cheer. The board has recommended a final dividend of 5 per cent or Rs 0.25 per equity share of face value of Rs 5 each, in addition to the earlier interim dividend of 5 per cent or Rs 0.50 per equity share on the earlier face value of Rs 10 before the split and issue of bonus shares during FY-2014. The company had issued bonus shares in the ratio of 1:1 after the earlier interim dividend in FY-2014.

Raj TV reported a 17.68 per cent higher Income from Operations (Op Inc) in FY-2014 at Rs 79.47 crore as compared to the Rs 67.53 crore in FY-2013. However, Op Inc in Q4-2014 was (-28.13) per cent lower at Rs 17.91 crore than the Rs 24.92 crore in the immediate trailing quarter Q3-2014, and was 2.52 per cent more than the Rs17.47 crore of the year ago quarter Q4-2013.

Note: (1) Rs 100 lakh = Rs100,00,000 = Rs 1 crore = Rs 10 million.

Note: (2) The results in this report are standalone.

 Let us look at the other results reported by Raj TV for FY-2014 and Q4-2014

PAT in FY-2014 at Rs12.91 crore (16.25 per cent of Op Inc) was 39.05 per cent higher than the PAT of Rs 9.29 crore (13.75 per cent of Op Inc) in FY-2013. In Q4-2014, PAT at Rs1.01 crore (5.62 per cent of Op Inc) was a little more than a fifth or (-79.82) per cent lower than the Rs 4.98 crore (20.01 per cent of Op Inc) in Q3-2014, but almost double (88.91 per cent more than) the Rs 0.53 crore (3.05 per cent of Op Inc) of Q4-2013.

Raj TV’s Total Expense (Tot Exp) in FY-2014 at Rs 59.97 crore was 9.55 per cent more than the Rs 54.74 crore in FY-2014. Tot Exp in Q4-2014 at Rs15.45 crore was (-16.85) per cent lower than the Rs18.58 crore in Q3-2014 and 1.54 per cent more than the Rs15.22 crore in Q4-2013.

Employee Benefits Expense (EBE) and Administrative and other Expenses (Admin exp) are two major expense heads at Raj TV. While EBE in Q4-2014 was substantially higher y-o-y despite almost similar Op Inc, Admin Exp in Q4-2014 was very high q-o-q, despite Raj TV’s Op Inc being much higher in Q3-2014 as compared to Q4-2014.

Employee Benefits Expense in FY-2014 at Rs 17.60 crore (22.15 per cent of Op Inc) was 50.78 per cent more than the Rs11.68 crore (17.29 per cent of Op Inc) in FY-2013. EBE in Q4-2014 at Rs 4.74 crore (26.47 per cent of Op Inc) was (-31.1) per cent lower than the Rs 6.88 crore (27.61 per cent of Op Inc) and 41.02 per cent more than the Rs 3.36 crore (19.24 per cent of Op Inc) in Q4-2013.

Administrative and other expense in FY-2014 at Rs 14.69 crore (18.48 per cent of Op Inc) was 32.46 per cent more than the Rs11.09 crore (16.42 per cent of Op Inc). During Q4-2014, Admin exp at Rs 4.41 crore (24.6 per cent of Op Inc) was 40.67 per cent more than the Rs 3.13 crore (12.57 per cent of Op Inc) in Q3-2014 and 2.2 per cent more than the Rs 4.31 crore (24.68 per cent of Op Inc) in Q4-2013.

Raj TV has reported a 76.1 per cent increase in Long Term Borrowings (non-current liabilities) in FY-2014 at Rs 12.49 crore as compared to the Rs 7.05 crore in FY-2013. Also, in its current liabilities the company has reported a 3.52 times increase in short term borrowings in FY-2014 at Rs 24.97 crore as compared to the Rs 7.09 crore in FY-2013. The company’s trade receivables in FY-2014 at Rs 58.27 crore has gone up by 36.15 per cent as compared to the Rs 42.8 crore in FY-2013.

Raj TV’s Fixed Assets in FY-2014 has gone up by 77.60 per cent to Rs113.99 crore as compared to the Rs 64.18 crore in FY-2013. Its inventories in FY-2014 have gone up by almost 6 times (5.76 times) to Rs 11.65 crore from Rs 2.02 crore in FY-2013. Its trades payables has gone down in FY-2014 to Rs 2.63 crore from Rs 3.48 crore in FY-2013.

The company reported earnings per share (EPS) of Rs 9.43 per equity share in FY-2014 and Rs 0.19 in Q4-2014. 

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/20/vinit.jpg?itok=KKGn2OLY
“We focus on digital to promote non-film music” - Vinit Thakkar

EMI Records India recently launched its own unique platform VYRL Originals which completed six months on 12 July. Every month, a single was released with the latest being Aaya Na Tu by Arjun Kanungo and Momina Mustehsan. EMI Records India was launched in May 2015 by Universal Music Group in...

Television TV Channels Music and Youth
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/20/star.jpg?itok=K3XoMVlt
Star Bharat experiments with early morning slot

Star Bharat is all set to experiment with weekend morning slot by launching a three-hour programming band from 5 August.

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/20/nat-geo.jpg?itok=d0gKCXTS
National Geographic’s new show to tell success stories of India’s icons

National Geographic will be coming up with a unique show called Mega Icons which will see the success stories of inspiring personalities of India from different platforms.

Television TV Channels Factual & Documentary
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/20/logo.jpg?itok=kqtvgsLH
Viacom signs deal with pocket.watch for small screen content

Kids’ entertainment platform pocket.watch has raised $15 million in a funding round led by Viacom. Under their agreement.

Television TV Channels Kids
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/20/star-maa.jpg?itok=ILnfHVFv
STAR Maa announces call for entries for a brand new reality show PelliChoopulu

In continuation to give its viewers a unique and entertaining show, Star Maa the most viewed Telugu entertainment channel has announced the call for entry for its upcoming reality show PelliChoopulu.

Television TV Channels Regional
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/20/zee.jpg?itok=hkFiTrEy
Zee Telugu announces auditions for all new season of its legendary dance reality show, Aata Juniors

Aata Juniors, one of Zee Telugu’s most sought-after reality shows is soon making a comeback to the channel and is looking for the final contestants via auditions.

Television TV Channels Regional
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/20/bahu.jpg?itok=oVI8-9Wk
Sony Max pushes its way to most watched Hindi channel across genres

Sony Pictures Network India (SPN) Hindi movies channel Sony Max was ranked second in Broadcast Audience Research Council of India (BARC) weekly list of top 10 channels across genres (across genres list) for week 28 of 2018 (Saturday, 7 July 2018 to Friday, 13 July 2018, week or period under review...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/19/manish_0.jpg?itok=cAX2IDtI
Dangal TV prepares to scale up ambition with new play

When it comes to general entertainment channels (GECs), hitting the sweet spot isn’t all that easy.

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/19/fox.jpg?itok=qeI4K472
Comcast drops bid for 21st Century Fox assets, cedes prize to Disney

The fierce bidding war between Comcast and Disney has finally ended with the former dropping out of the race to gobble up the prized 21st Century Fox assets. Comcast will now shift its focus towards sealing the Sky deal.

Television TV Channels Movie Channels

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories