RadioandMusic
| 24 Apr 2024
Q3-2015: Shemaroo reports 17 per cent q-o-q PAT growth; on course to improved EPS in FY-2015

BENGALURU: For the second quarterly results (Q3-2015) since its listing after its initial public offering (IPO) in September 2014, Shemaroo Entertainment Limited (Shemaroo) has reported a 16.9 per cent growth in PAT at Rs 10.02 crore (11.5 per cent of Total Income from Operations or TIO) in Q3-2015 from Rs 8.57 crore(10.1 per cent of TIO) in Q2-2015, but almost flat (0.6 per cent growth) as compared to the Rs 9.96 crore (11.6 per cent of TIO) in Q3-2014. During 9M-2015, PAT at Rs 28.30 crore (12 per cent of IO) was 38.8 per cent more than the Rs 20.39 crore (9.6 per cent of TIO) in 9M-2014.

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

All numbers in this report are consolidated numbers

The company's Earnings per Share (EPS) in Q3-2015 at Rs 4.6, was lower than the Rs 5.01 in Q3-2014, but higher than the Rs 3.94 in the immediate trailing quarter. 9M-2015 EPS was 12.93 versus the Rs 10.27 in 9M-2014. During FY-2014, (before IPO and listing) Shemaroo's EPS was Rs 14.08, and the company should exceed this figure if things continue as they have been so far.

The company's TIO in Q3-2015 at Rs 87.28 crore was 1.9 per cent more than the Rs 85.65 crore in Q3-2014 and 2.7 per cent more than the Rs 84.96 crore in Q2-2015. In 9M-2015, Shemaroo's TIO at Rs 236.73 crore was 12 per cent more than the Rs 211.33 crore in 9M-2014.

Shemaroo's total expenditure (TE) in Q3-2015 at Rs 68.5 crore (78.5 per cent of TIO) was 1.9 per cent lower than the Rs 69.82 crore (81.5 per cent of TIO) and 5.5 per cent more than the Rs 64.91 crore (76.4 percent of TIO) in Q2-2015. TE in 9M-2015 increased 7.6 per cent to Rs 179.31 crore (75.7 per cent of TIO) from Rs 166.58 crore (78.8 per cent of TIO) in 9M-2014.

Shemaroo is one of the largest independent content aggregators in Bollywood. Currently, the company distributes content over which it has either complete ownership rights or limited ownership rights.

The company distributes its content through various mediums like (i) television such as satellite, terrestrial and cable television; (ii)New Media platforms consisting of mobile, internet, direct to home ("DTH") and other applications; (iii) home entertainment; and (iv) other media.