Shemaroo’s digital revenues at Rs 42.6 Cr for Q3FY19

Shemaroo’s digital media revenues stood at Rs 42.6 crore for Q3FY19, up 28.7% YoY and up from Rs 33.1 crore in the same quarter last year. Revenues from traditional media stood at Rs 106.3 crore, up 6.8% YoY and from Rs 99.5 crore in the same quarter last year. Total income from operations was Rs 148.9 crore, up 12.3% YoY.

Total revenues were Rs 148.9 crore, down 8.8% QoQ, and up 12.7% YoY
EBITDA was Rs 35.9 crore, down 15.7% QoQ
EBITDA Margin was 24.00%, down 209 bps QoQ, and down 311 bps YoY
Net Profit was Rs 19.6 crore, down 14.8% QoQ and up 10.1% YoY
Net Profit Margin was 13.10%, down 98 bps QoQ and up 30 bps YoY

In FY18

Shemaroo’s revenues were Rs 490.3 crore, EBITDA Rs 143.8 crore, PAT Rs 71.2 crore and networth was Rs 493.2 crore.
Traditional media accounted for 73% of its revenues in FY18, while digital was 27%.
Traditional media’s EBITDA margin was 29.3%,
Revenues were Rs 358.1 crore from traditional media and Rs 130.5 crore from digital media
The company’s digital business contribution has grown from less than 10% in FY14 to over 25% in FY18

Other highlights

Shemaroo currently employs 750 people
It has proposed a new company to be incorporated in Abu Dhabi under “Shemaroo Entertainment LLC” with a paid up share capital of upto AED 750,000
Signed a content deal with PEO TV an IPTV of Sri Lanka Telecom
Shemaroo’s upcoming OTT platform ‘Shemaroo ME’ is targeted to launch in Q4-FY19
Launched ‘Bhagavad Gita’ on Amazon Alexa; in process of launching in the US