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Sun TV to benefit greatly from DAS III & IV: Centrum Broking
MUMBAI: Stockbroking firm Centrum Broking’s research team is relatively bullish on the Sun TV Network. In its latest report, Centrum has stated that Sun TV has said that recent developments bode well for the Kalanithi Maran promoted southern TV network.
“We draw comfort from the court’s recent dismissal of all charges against the promoters, its high dividend payout, the Rs 18 billion cash in its books,” its says in the report.
Centrum is hopeful that cable TV digitisation in Phase III and Phase IV will double Sun TV’s subscription revenues over the next three years. “We expect that it would be one of the biggest beneficiaries of the digitization,” the report says.
Evidence of that comes from the recent 30 per cent increase in subscription income YoY and the 10 per cent increase in DTH subscription income (it currently has 13.1 million paying subs) contribution in Q3 FY 2017 .
“It has started to add income from content trading which represents revenue earned from mobile service providers,” says Centrum in the report.
The broker points out that the Sun TV Network management has become cautious on its spends over the past year or so and has stopped handing out big wads of money to acquire expensive movies. This has helped improve its EBIDTA margins as its amortisation expenses have gone down. Centrum expects this trend to continue going forward.
The investment banking firm points out that there is other good news coming in from Sun TV as it relooks at its content strategy for its channels in Telugu and Kannada.
The launch of new shows in the Telugu market has helped it gain significant market share there and increase yield by 30 per cent in Q3 FY 2017. “We believe this yield increase would have a positive impact on the smaller channels in the Telugu market,” it says in the report.
Sun TV is also looking at relaunching its Kannada language channel with commissioned content within the next two months which will gain traction over the next three quarters, Centrum points out.
However, it says that overall Sun TV is struggling (like other media companies) – on the advertising revenues front — following the impact of demonetization — as these shrank (in its case 6.8 per cent) in the latest quarter.
“The recovery would take another quarter as Sun TV is highly dependent on local ads and the FMCG sector’s ad spend.”
In the latest Q3-2017 financials declared on 10 February, Sun TV reported a 2.8 per cent increase in YoY revenues to Rs 589.43 crore; PAT growth by 11 per cent to Rs 240.09 crore; and EBIDTA increase by 0.6 per cent to Rs 439.73 crore. The company also declared a 100 per cent dividend for its shareholders.
Also Read :
http://www.indiantelevision.com/television/tv-channels/regional/sun-tv-third-quarter-of-2017-numbers-up-170211
http://www.indiantelevision.com/regulators/supreme-court/marans-discharged-sc-no-to-stay-hearing-on-wed-170203
NEW DELHI: Hamdard Laboratories gathered a cross-section of India’s achievers in New Delhi on Friday, handing out the Hakeem Abdul Hameed Excellence Awards to figures who have left their mark across healthcare, education, sport, public service and the arts.
The ceremony, attended by minister of state for defence Sanjay Seth and senior officials from the ministry of Ayush, celebrated individuals whose work blends professional success with a sense of public purpose. It was as much a roll call of achievement as it was a reminder that influence is not measured only in profits or podiums, but in people reached and lives improved.
Among the headline awardees was Alakh Pandey, founder and chief executive of PhysicsWallah, recognised for turning affordable digital learning into a mass movement. On the sporting front, Arjuna Awardee and kabaddi player Sakshi Puniya was honoured for her contribution to the game and for pushing women’s participation onto bigger stages.
The cultural spotlight fell on veteran lyricist and poet Santosh Anand, whose songs have echoed across generations of Hindi cinema. At 97, Anand accepted the honour with characteristic humility, reflecting on a life shaped by perseverance and hope.
Healthcare honours spanned both modern and traditional systems. Manoj N. Nesari was recognised for strengthening Ayurveda’s place in national and global health frameworks. Padma shri Mohammed Abdul Waheed was honoured for his research-backed work in Unani medicine, while padma shri Mohsin Wali received recognition for his long-standing contribution to patient-centred care.
Education and social development also featured prominently. Padma shri Zahir Ishaq Kazi was honoured for decades of work in education, while former Meghalaya superintendent of Police T. C. Chacko was recognised for public service. Goonj founder Anshu Gupta received an award for his dignity-centred rural development initiatives, and the Hunar Shakti Foundation was honoured for empowering women and young girls through skill development.
The Lifetime Achievement Award went to former IAS officer Shailaja Chandra for her long career in public healthcare and governance, particularly in the traditional systems under Ayush.
Speaking at the event, Hamdard chairman Abdul Majeed said the awards were a tribute to those who combine excellence with empathy. “These awardees reflect Hakeem Sahib’s belief that healthcare, education and public service must ultimately serve humanity,” he said.
Minister Seth struck a forward-looking note, saying India’s young population gives the country a unique opportunity to become a global destination for learning, health and wellness by 2047.
The ceremony also featured the trailer launch of Unani Ki Kahaani, an upcoming documentary starring actor Jim Sarbh, set to premiere on Discovery on 11 February.
Instituted in memory of Unani scholar and educationist Hakeem Abdul Hameed, the awards have grown into a national platform that celebrates those building a more inclusive and resilient India. For one evening at least, the spotlight was not just on success, but on service with substance.
