Television

Sun TV FY-2014 PAT up 5.4 per cent: Board recommends final dividend of 45 per cent

http://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2014/05/23/SUNLOGO_0.jpg?itok=7BclQMxp

BENGALURU: Sun TV Network Limited (Sun TV) has declared a repeat of sunny results once again for FY-2014. The company’s consolidated PAT at Rs 748.01 crore (33.64 per cent of income from operations or revenue) was up 5.42 per cent as compared to the Rs 709.56 crore (36.9 per cent of revenue) in FY-2013.

The company’s consolidated income from operations (revenue) at Rs 2223.62 crore was 15.63 per cent more than the Rs 1923 crore in FY-2013.

The company’s income from operations figures include income of Rs 105.53 crore (4.72 per cent of revenue) and costs of Rs 142.06 crore (6.39 per cent of revenue) from its IPL franchisee cricket team Sun Risers Hyderabad in FY-2014.The company has paid Rs 85.5 crore (3.85 per cent of revenue) IPL franchisee fees that Sun TV has paid for its IPL in FY-2014.

The company’s press release says that its subscription revenues have maintained a robust y-o-y and q-o-q growth of 25 per cent and that its radio broadcasting operations have maintained a y-o-y growth of 18 per cent and have reported 18 per cent PAT margins.

Sun TV Network Ltd has informed BSE that the board of directors of the company at its meeting held on 23 May 2014, inter alia, have recommended a final dividend of Rs 2.25 per share (45 per cent). This is in addition to the interim dividend of Rs 2.25 per share (45 per cent), Rs 2.50 per share (50 per cent) and Rs 2.50 per share (50 per cent) declared at the board meeting held on 2 August 2013, 8 November 2013 and 7 February 2014 respectively.  This takes the total dividend payout by the company to 190 per cent per equity share of Rs 5 in FY-2014.

Let us look at the other numbers reported by Sun TV for FY-2014 and Q4-2014

Consolidated Numbers

Consolidated Total Expense in FY-2014 at Rs 1192.19 crore (53.61 per cent of revenue) was 24.76 per cent more than the Rs 955.59 crore (49.69 per cent of revenue) in FY-2013.

The company’s consolidated cost of revenue (COR) in FY-2014 at Rs 215.81 crore (9.71 per cent of revenue) was 17.01 per cent more than the Rs 184.43 crore in FY-2013.

Sun TV’s consolidated depreciation and amortisation (DAA) in FY-2014 at Rs 478.28 crore (21.51 per cent of revenue) was 8.27 per cent more than the Rs 441.73 crore (22.97 per cent of revenue) in FY-2013.

Consolidated other expenditure at Rs 194.06 crore (8.71 per cent of revenue) was 49.21 per cent more than the Rs 130.06 crore (6.76 per cent of revenue) in FY-2013.

The company had other income on a consolidated basis in FY-2014 at Rs 86.61 crore which was 19.94 per cent more than the Rs 72.21 crore in FY-2013.

Standalone numbers

During the last quarter (Q3-2014) Sun TV had passed the Rs 500 crore per quarter mark for the first time by clocking standalone revenue of Rs 503.84 crore. In Q4-2014, the company has improved upon this by another 2.33 per cent to register standalone revenue of Rs 520.18 crore, the figure betters the year ago quarter Q4-2013 revenue of Rs 472.67 crore by 10.05 per cent.

Standalone income from operations for FY-2014 at Rs 2096.78 crore was 15.36 per cent more than the Rs 1817.62 crore in FY-2013.

Standalone PAT for the FY-2014 at Rs 716.96 crore (34.19 per cent of revenue) was 4.92 per cent more than the Rs 683.34 crore (37.60 per cent of revenue) in FY-2013.

Standalone PAT for Q4-2014 at Rs 197.57 crore (38.98 per cent of revenue) was 6.34 per cent more than the Rs 185.79 crore (36.55 per cent of revenue) in the immediate trailing quarter and 11.31 per cent more than the Rs 177.50 crore (37.55 per cent of revenue) in Q4-2014.

The company’s standalone cost of revenue (COR) in FY-2014 at Rs 185.14 crore (8.83 per cent of revenue) was 19.32 per cent more than the Rs 155.16 crore (8.54 per cent of revenue) in FY-2013. Standalone COR in Q4-2014 at Rs 43.51 crore (8.36 per cent of revenue) was (-18.95) per cent lower than the Rs 53.68 crore (8.54 per cent of revenue) in Q3-2014 and (-8.34) per cent lower than the Rs 47.47 crore in Q4-2013.

Sun TV’s standalone depreciation and amortisation (DAA)  in FY-2014 at Rs 453.34 crore (21.62 per cent of revenue) was 9.72 per cent more than the Rs 413.18 crore (22.73 per cent of revenue) in FY-2013. Q4-2014 DAA at Rs 112.33 crore (21.59 per cent of revenue) was 5.91 per cent more than the Rs 106.06 crore (20.86 per cent of revenue) in Q3-2014 and 10.46 per cent more than the Rs 101.69 crore (21.51 per cent of revenue) in Q4-2013.

Standalone other expenditure (OE) in FY-2014 at Rs 170.68 crore (8.14 per cent of revenue) was 57.37 per cent more than the Rs 108.46 crore (5.97 per cent of revenue) in FY-2013. OE in Q4-2014 at Rs 26.01 crore (5 per cent of revenue) was (-23.99) per cent lower than the Rs 32.44 crore (6.73 per cent of revenue) in Q3-2014 and (-19.17) per cent lower than the Rs 32.18 crore (6.18 per cent of revenue) in Q4-2014.

The company had other standalone income of Rs 72.91 crore in FY-2014 which was 19.94 per cent more than the Rs 72.21 crore in FY-2013. Standalone other income in Q4-2014 at Rs 13.17 crore was (-11.31) per cent lower than the Rs 14.85 crore in Q3-2014 and (-39.11) per cent lower than the Rs 21.63 crore in Q4-2013.

Sun TV is one of the largest television broadcasters in India that operates satellite television channels across four languages of Tamil, Telugu, Kannada and Malayalam and has the largest private FM radio network in India under brand 93.5 Red FM. As mentioned above, it also owns the IPL franchisee Sun Risers Hyderabad.

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/04/26/zeel.jpg?itok=4VnkRJsu
Four Zeel GECs amongst most watched channels across genres

Four channels – two Hindi GECs and one channel each from the Tamil and the Telugu genres from the Zee Entertainment Enterprises Ltd (Zeel) stable were amongst the 10 most watched channels across genres in week 16 of 2019 as per Broadcast Audience Research Council of India (BARC) data.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/04/26/sun.jpg?itok=mJpx9Zo-
No changes in Bhojpuri, Tamil, Telugu markets in BARC week 16

MUMBAI: In the Bengali market, Sony Aath and Aakash Aath swapped their fourth and fifth positions respectively in BARC data week 16. No changes were observed in Bhojpuri, Tamil and Telugu segment. Udaya Movies and Star Suvarna interchanged their fourth and fifth positions in the Kannada space. In...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/04/25/animal.jpg?itok=AXomh7jM
Animal Planet to premiere the first ever documentary film on amphibians of India - ‘The Secret Life of Frogs’

Animal Planet, India’s No. 1 Wildlife channel, will premiere the first ever documentary film that focuses exclusively on amphibians of India - ‘The Secret Life of Frogs’ on May 1st at 21:00 hrs.

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/04/25/kwaan.jpg?itok=sUnyGY-V
Kwan Entertainment goes to China; marks a new beginning for Sino- India Business

KWAN Entertainment, becomes the first talent management agency to tap into the Chinese markets.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/04/25/marvel.jpg?itok=JpV9_Pdv
Marvel Fans are in for once-in-a-decade experience with Star Movies Special Screening of Avengers: Endgame

Marvel fans Assemble! Star Movies, the home of blockbusters has brought together a congregation of Marvel fans online and very soon offline with Star Movies Special Screening across Mumbai, Delhi and Bangalore for probably the most anticipated movie of the millennium, Avengers: Endgame.

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/04/25/prive.jpg?itok=znidpps-
&PrivéHD is set to evoke your emotional energies with ‘The Perks Of Being A Wallflower’ and ‘When The Game Stands Tall’

A story of friendship and fears, love and loss; &PrivéHD is set to showcase the compelling coming-of-age drama ‘The Perks Of Being A Wallflower.’

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/04/25/IPL.jpg?itok=LUJPJD7I
1 out of 2 tv viewing indians has watched vivo IPL 2019 on Star Network

With more matches going into the final overs, individual brilliant performances supported with world class broadcast, VIVO IPL 2019 continues its spectacular rise on the Star Network.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/04/25/jeep.jpg?itok=Aj54tzS-
COLORS INFINITY gives viewers a sneak peek into the exclusive club of Bollywood's elite on Jeep presents BFFs With Vogue powered by RealIsADiamond.in.

Lights! Camera! And a season full of euphoric entertainment! Television’s most riotous Bollywood chat show Jeep presents BFFs With Vogue powered by RealIsADiamond.in returns with the latest season of ‘Real Friends, Unreal Fun’.

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/04/25/DD.jpg?itok=S904hHRo
DD National emerges as new entrant in rural areas in BARC week 16

In Hindi GEC (U+R) and urban areas, no changes were observed as compared to week 15 according to the Broadcast Audience Research Council (BARC) data for week 16 of 2019. DD National emerged as the new player in the rural market by replacing Star Utsav in tenth position.

Television TV Channels Viewership

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories