Music and Youth
Q3-2016: Shemaroo reports 16% growth in revenue, PAT up 27%
BENGALURU: Indian integrated media content house Shemaroo Entertainment Limited (Shemaroo) reported 15.7 per cent higher YoY consolidated Total Income from Operations (TIO) for the quarter ended 31 December, 2015 (Q3-2016, current quarter) at Rs 101 crore as compared to the Rs 87.28 crore in Q3-2015 and eight per cent more than the Rs 93.53 crore in Q2-2016.
Note: (1) 100,00,000 = 100 lakh = 10 million = 1 crore
(2) All numbers are consolidated unless stated otherwise.
Shemaroo’s consolidated PAT for the current quarter improved 27.9 per cent YoY to Rs 12.82 crore (12.7 per cent margin) as compared to the Rs 10.02 crore (11.5 per cent margin) and was 14.5 per cent more as compared to the Rs 11.20 crore (12 per cent margin) in Q2-2016.
Shemaroo’s EBIDTA including other income at Rs 26.92 crore (26.7 per cent margin) increased 32.9 per cent YoY as compared to the Rs 20.26 crore (14.9 per cent margin) and increased 11 per cent QoQ from Rs 24.25 crore (25.9 per cent margin).
The company’s Total Expenditure (TE) in Q3-2016 at Rs 75.32 crore (74.6 per cent of TIO) was 10 per cent more YOY than the Rs 68.50 crore (78.5 per cent of TIO) and was 6.3 per cent more QoQ than Rs 70.86 crore (75.7 per cent of TIO).
The company’s cost of Raw Materials consumed decreased 60 per cent in Q3-2016 to Rs 54.39 crore (53.9 per cent of TIO) as compared to Rs 135.93 crore (155.7 per cent of TIO) and decreased 52.1 per cent QoQ as compared to Rs 113.58 crore (121.3 per cent of TIO).
Employee Benefit Expense (EBE) in Q3-2015 increased 5.2 per cent YoY to Rs 5.48 crore (5.4 per cent of TIO) as compared to Rs 5.21 crore (3.8 per cent of TIO) and declined 8.8 per cent QoQ as compared to Rs 6.01 crore (6.4 per cent of TIO).
Basic and undiluted EPS (not annualised) for Q3-2016 was Rs 4.72 , for Q2-2016 it was Rs Rs 4.12; in Q3-2015 EPS was Rs 4.60.
MUMBAI: Mumbai is about to witness something it has never seen before. The Global Youth Festival arrives on 6-7 December at Jio World Garden with 15,000 attendees and 60-plus experiences sprawled across six sprawling arenas. On its sixth edition, this is no ordinary jamboree—it is a carefully orchestrated collision of wellness, adventure, arts, music, yoga and social change.
Chief Minister of Maharashtra Devendra Fadnavis will throw open the proceedings with a landmark ceremony, signalling the state’s backing for a movement that has already mobilised youth across 20-plus countries and 170-plus cities. The sheer scale is staggering: 500-plus volunteers powering the machine, 600,000-plus volunteer hours logged across previous editions, and millions of lives touched annually.
The speaker roster is formidable. Diipa Büller-Khosla and Dipali Goenka, chief executive of Welspun India, will share the stage with Malaika Arora in conversations spanning leadership, creativity and culture. Union Minister for Sports and Youth Affairs Mansukhbhai Mandaviya will also attend, reinforcing GYF’s reach into the corridors of power.
But this is not mere talk. The Solaris Mainstage promises concerts from renowned Indian artists. Innerverse delivers a 360-degree LED spectacle of art, technology and sound. The Love and Care Arena houses hands-on projects spanning women’s empowerment, child education, rural upliftment and animal welfare. India’s largest outdoor sound-healing experience awaits. An inflatable obstacle course, neon drifter karts and open-sky bouldering cater to thrill-seekers.
Some have branded GYF the “Coachella of Consciousness.” Others call it “India’s Largest Sober Festival.” Spiritual visionary Pujya Gurudevshri Rakeshji, who inspired the festival, will deliver the Wisdom Masterclass. Every rupee goes to charity.
After Mumbai comes Kolkata on 14 December. New York looms next year. For one weekend in December, Mumbai becomes the epicentre of youth-driven change—and nothing will be quite the same after.
Tickets available on BookMyShow. Visit youthfestival.srmd.org or follow @globalyouthfestival on Instagram.
