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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

YouTube metrics

  • It crossed 18 million subscribers on its YouTube channel ‘FilmiGaane’
  • It crossed 13 million subscribers on its YouTube channel ‘ShemarooENT’

Download: Earnings presentation and report

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