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Updated: May 15, 2023 15:43 IST

Mumbai (Maharashtra) [India], May 15 (ANI/PRNewswire): Shemaroo Entertainment Industry Ltd., one among India’s main gamers within the media and entertainment industry, has introduced its financial results for the fourth quarter and monetary yr ending thirty first March 2023.
Highlights for This autumn FY23 (Consolidated)
– Revenue from Operations stands at Rs 164.5 crores as in opposition to Rs 93.6 crores in This autumn FY22; Up by 75.8 per cent YoY
– Earnings earlier than Interest, Tax, Depreciation, and Amortization (EBITDA) reported was at Rs 16.9 crores as in comparison with Rs 8.7 crores in This autumn FY22; up by 93.7 per cent YoY; the Company’s EBITDA Margin stands at 10.3 per cent
– Profit Before Tax (PBT) stands at Rs 7.5 crores as in opposition to Rs 2.4 crores in This autumn FY22; Yearly bounce to 211.8%
– Profit After Tax (PAT) reported was at Rs 4.8 crores as in opposition to Rs 2.1 crores in This autumn FY22; up by 136.5% YoY
– The Company’s PAT Margin stood at 2.9%
– Earnings per share (EPS) stands at Rs 1.78 (Face Value Rs 10 per share)
FY22 Vs FY23 (Consolidated)
– Revenues from operations had been reported at Rs 556.6 crores as in comparison with Rs 381.4 crores in FY22; up by 45.9%
– EBITDA stands Rs 47.3 crores in FY23, as in opposition to Rs 35.8 crores in FY22; up by 31.9%. The Company’s EBITDA margin stood at 8.5%.
– PBT stood at Rs 14.8 crores for FY23 as in comparison with Rs 5.2 crores in FY22; up by 186.4%
– PAT elevated to Rs 9.4 crores in FY23 as in opposition to Rs 5.3 crores in FY22; up by 77.7%. The Company’s PAT margin stood at 1.7%.

– EPS for FY23 stood at Rs 3.45
Other Highlights
– Yearly development of Digital Media and Traditional Media for FY23 is 23.3% and 66.5% respectively
– ShemarooMe OTT Platform launched 14 new titles in the course of the quarter
– Shemaroo GEC Channels have a viewership share of over 9% within the total Hindi GEC style
– The contribution of B2C income as a share of whole income has doubled in FY23 vs FY22 and now contributes to round 1/third of the general income

Commenting on the outcomes, Hiren Gada, CEO – Shemaroo Entertainment Ltd., stated, “Considering the external economic scenario, I am very pleased with our overall performance in this financial year. We started on this journey of changing our business strategy in 2019 and against all odds and headwinds that we have faced over the last few years, we have overcome all these challenges and have been successful in meeting our strategic goals. We are extremely confident that the agility, strength and innovative business model, along with a professionally run organization with freshly inducted talent from the media industry, will see our company delivering strong financial performance in the coming years.”
(https://www.shemarooent.com; BSE: 538685; NSE: SHEMAROO)
Shemaroo Entertainment Limited is a number one media and leisure powerhouse, which has performed a pioneering position within the area of content material possession, aggregation, and distribution. Shemaroo has been a core a part of the Bollywood Industry and has managed to keep up many relationships with one of the best manufacturing homes over time. With a various and rising assortment of over 3700 titles, Shemaroo has provided premium content material and providers to clients in additional than 30 international locations, throughout a number of Indian languages. With the model in existence for over six many years, Shemaroo continues to redefine itself to reply to the disrupting client setting, by delivering content material throughout age teams in genres resembling motion pictures, comedy, devotional, and children. Today, Shemaroo has developed to be an entrenched participant within the digital ecosystem. Shemaroo additionally launched its personal OTT platform ShemarooMe in 2018 and not too long ago in 2022, additional strengthened its outreach within the broadcast enterprise by launching Shemaroo Umang to the prevailing broadcast portfolio of Shemaroo MarathiBana and Shemaroo TV, which gives an thrilling bouquet of every day soaps to entertain viewers throughout India.
DISCLAIMER:
Certain statements which are made within the Press Release could also be forward-looking statements. Such forward-looking statements are topic to sure dangers and uncertainties like important modifications in financial setting in India and abroad, tax legal guidelines, inflation, litigation, and so on. Actual outcomes would possibly differ considerably from these expressed or implied. Shemaroo Entertainment Ltd. is not going to be in any means liable for any motion taken primarily based on such statements and discussions; and undertakes no obligation to publicly replace these forward-looking statements to replicate subsequent occasions or circumstances.
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