MAM

Vertoz Advertising Ltd. reveals 25.49% YoY revenue growth in FY19 to INR 46.23 Crore

India’s only Listed Ad-tech Company portrays 27.87% YoY growth in PAT

https://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2019/05/31/vertoz.jpg?itok=lE-ija5I

MUMBAI: Vertoz Advertising Ltd., India’s one of the leading digital advertising companies and the first public listed Ad-Tech company, revealed their Financial Results for FY 2018-2019 on 30th May 2019. The Company has witnessed a remarkable year-on-year growth rate above 20% in both Revenues and EPS in tandem with the substantial growth in the Digital Advertising industry of India.

Key Financials (INR in crore)

Particulars

FY19

FY18

YoY %

Net Revenue

₹ 46.23

₹ 36.84

25.49%

EBITDA

₹ 11.05

₹ 8.61

28.34%

PAT

₹ 7.34

₹ 5.74

27.87%

PAT Margin (%)

₹ 15.88

₹ 15.57

31 bps

Diluted EPS

₹ 12.26

₹ 9.59

27.84%

Performance Highlights:

· Consolidated Revenues from operations were at INR 46.23 crore in FY19 as against INR 36.84 crore in FY18; increased significantly by 25.49% on YoY basis.

· Consolidated EBIDTA is at INR 11.05 crore in FY19 as against INR 8.61 crore in FY18; increased by 28.34% on YoY basis.

· Consolidated Profit after tax (PAT) was at INR 7.34 crore in FY19 as against INR 5.74 crore in FY18; increased significantly by 27.87% on YoY basis.

Management Comment:

· Commenting on the results, Hiren Shah, Chairman & Whole-time Director, Vertoz said, “The strong revenue and profitability growth rates are a testament to our dedication towards our clients’ requirements. With the launch of the native advertising platform to provide holistic solutions for digital advertising, we hope to increase our market share this coming year and witness a surge in our clientele. With the increased internet adoption in the rural population of India, we expect programmatic advertising to be the go-to digital advertising solutions for leading brands across the country. We see great potential for growth owing to these favourable sentiments in the market,” he added.

· Ashish Shah, CEO & Whole-time Director, Vertoz said, “This consistent and strong performance of Vertoz this financial year showcases our stature in the digital advertising industry. Programmatic industry being at a nascent stage, is growing rapidly. Vertoz, being one of the leading companies that specialises in this form of advertising, is in a beneficial position to reap the fruits of this growth. With notable clients like Ola Cabs and Mondelez India associating with us, Vertoz’s brand value in the market has increased and led to a strong recognition among distinguished brands in the country.”

Latest Reads

https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/09/23/fantasy_sports.jpg?itok=fSoWo8fb
Online fantasy sports platforms & their IPL romance

NEW DELHI: Ten years ago, if someone told you that you could create your own virtual sports team and win money, you would have laughed off the idea. However, a handful of techies believed in the possibility. They have not only turned it into a business but have developed an entire new category...

MAM Marketing Brands
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/09/22/bharatpe.jpg?itok=73dOVmOK
BharatPe ropes in 11 cricketers as brand ambassadors

NEW DELHI: As the country gets ready to kickstart the festive season through cricket, BharatPe, India’s leading merchant payment network, is all set to invigorate the market with its own team of 11 cricket superstars as it's brand ambassadors. The BharatPe XI team includes India’s top international...

MAM Marketing MAM
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/09/22/cri.jpg?itok=CHWmfg0L
Festival season will be the golden quarter for ecommerce players: Criteo Report

New Delhi: Criteo has released its Holiday Report 2020 highlighting key trends in the online e-commerce industry in the much-awaited festive season including Rakshabandhan, Big Billion days and Diwali. The report highlights the top trends observed for the highly thriving e-commerce market in India...

MAM Marketing MAM
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/09/22/cl.jpg?itok=iixls6x9
Pocket Aces unveils talent management division Clout

KOLKATA: Pocket Aces, India’s leading digital entertainment company, unveiled new branding for its talent management division, labeling it “Clout”.Clout, which means the ability to influence, will focus on exclusively representing the digital industry’s finest and most popular faces.

MAM Marketing MAM
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/09/22/sunil.jpg?itok=ZEB9WL1C
Indian Society of Advertisers elects Sunil Kataria as chairman for fifth term

The newly elected executive council of the Indian Society of Advertisers (ISA) met on September 21, 2020. Sunil Kataria, CEO, India and SAARC, Godrej Consumer Products, was elected chairman of the ISA. Sunil has led the society over the past four years to newer heights drawing support from his...

MAM Marketing MAM
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/09/22/mix.jpg?itok=5akV4_Nu
Ashish Bhasin hands over charge of AAAI to Anupriya Acharya

Ashish Bhasin, president of Advertising Agencies Association of India( AAAI)  has handed over charge of  AAAI to Publicis Groupe’s CEO south Asia, Anupriya Acharya, who was elected as the president of Advertising Agencies Association of India (AAAI) for the year 2020-21 at its Annual General Body...

MAM Media and Advertising People
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/09/22/sig.jpg?itok=9aZC58Je
Charanjeett Singh Arora quits Kinetic India

NEW DELHI: GroupM-owned outdoor agency, Kinetic India co-chief executive officer (CEO) Charanjeet Singh Arora has resigned from his position. He is currently serving his notice period and has confirmed the exit to Indiantelevision.com. He was responsible for driving team transformations spanning...

MAM Marketing MAM
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/09/22/pulsar.jpg?itok=Z0mjM6sG
Bajaj Pulsar redefines the rules of motorcycle riding in the new normal

NEW DELHI: Bajaj Pulsar has been a trailblazer in changing the face of the Indian motorcycle industry singlehandedly, with its unique communication and product line-up. And it is all set to blaze new trails in this new campaign that highlights the performance and technology of its range of...

MAM Media and Advertising Ad Campaigns
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/09/22/cardekho-rahul_dravid.jpg?itok=Ib-1Uw4o
CarDekho focuses on personal mobility in its new spot

NEW DELHI – CarDekho has launched its newest TV campaigns ‘The everyday hero’ championing the cause of personal mobility.

MAM Marketing Brands

Sign up for our Newsletter

subscribe for latest stories

* indicates required