Highlights of FY17
Revenue at Rs. 14,453 mn
EBIT at Rs. 3,768 mn
PAT at Rs. 2,575 mn
Highlights of Q4FY16
Revenue at Rs. 2,104 mn
EBIT at Rs. 660 mn
PAT at Rs. 337 mn
Mumbai, May 26, 2017: Eros International Media Limited (
Eros International), a leading global Company in the Indian film entertainment industry, today announced its consolidated financial results for the quarter and full year ended March 31, 2017 (Q4 & FY2017).
The revenue for FY17 is at Rs. 14,453 mn, against Rs. 16,257 mn in FY16; down 11%. The PAT is at Rs. 2,575 mn, against Rs. 2,387 mn; up 8% and EBIT at Rs. 3,768 mn, against Rs. 3,549 mn; up 6%.
The revenue for Q4FY17 stands at Rs. 2,104 mn, against Rs. 2,969 mn in Q4FY16; down 29%. The PAT stands at Rs. 337 mn, against Rs. 511 mn; down 34% and EBIT stands at Rs. 660 mn, against Rs. 538 mn; up 23%.
Operational Overview
- Theatrical revenues in Q4FY2017 included Baghtos Kay Mujra Kar (Marathi), C/O. Saira Banu (Malayalam), Engitta Modhathe (Tamil), Bibaho Diaries (Bengali), Yaman (Tamil) and catalogue revenues
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- During Q4 FY2017, the Company released a total of 5 films as compared to a total of 12 films in Q4FY2016
- TV and others segment included satellite sales for Rock On 2 and catalogue sales contribution
Diversified revenue mix
- During FY2017, Theatrical Revenues contributed – 42.5%, Overseas Revenues – 26.4% and Television & Others – 31.1% as a percentage of Income from Operations.
Commenting on the performance for Q4 & FY2017, Mr. Sunil Lulla, Managing Director of Eros International Media Ltd. said,
“It is a matter of satisfaction that we have ended the fiscal year on a steady note despite the impact of demonetization on theatrical revenues in H2 FY2017. This performance has been enabled by Eros’ consistent pre-sales strategy which helps us de-risk our business, effective monetization of our 2000+ films library and a strong regional film strategy during the year.
The Indian film sector has attracted a lot of interest from international majors to build their film libraries in the recent past and as a result has driven up value of the Indian content. Eros’ key asset – a market leading content library is a major beneficiary of this trend which is only likely to become stronger. At the same time, in order to effectively manage the cost of our future content, the company has taken active steps to develop its own intellectual properties over the past 2 years. The launch of Trinity Pictures, our film label for franchise films, investments in our joint venture Colour Yellow Productions and identifying the right films to sequel from our film library are concrete steps taken in this direction. We are excited about these developments and are looking forward to FY2018 which will see the fruition of this strategy in a significant manner.
We are proud to have established a Company with leadership position in a market that continues to witness strong growth and are confident that with our new initiatives, we will continue to enhance our market position. “
Major Upcoming Releases
Film Name
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Star Cast/(Director/Producer)
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Language
|
Tentative Release
|
|
|
|
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Sarkar 3
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Amitabh Bachchan, Amit Sadh, Ronit Roy, Yami, Jackie Shroff (Ram Gopal Verma)
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Hindi
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Released in Q1 FY2018
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Posto
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Soumitra Chatterjee, Lily Chakraborty (Shibhoprasad Mukherjee & Nandita Roy)
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Bengali
|
Released in Q1 FY2018
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Oru Kidayin Karunai Manu
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Vidharth, Raveena Ravi (Suresh Sangiah)
|
Tamil
|
Q1 FY2018
|
Tujha Tu Majha Mi
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Lalit Prabhakar, Neha Mahajan (Kuldeep Jadhav)
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Marathi
|
Q1 FY2018
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Munna Michael
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Tiger Shroff, Nidhhi Agerwal, Nawazuddin Siddiqui (Sabbir Khan)
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Hindi
|
Q2 FY2018
|
Sniff (Trinity)
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Khushmeet Gill, Surekha Sikri, Manmeet Singh among others (Amole Gupte)
|
Hindi
|
Q2 FY2018
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Shubh Mangal Savdhaan
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Ayushman Khurana, Bhumi Pednekar (Prasanna / Colour Yellow Productions)
|
Hindi
|
Q2 FY2018
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Aake
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Chiranjeevi (K M Chaitanya)
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Kannada
|
Q2 FY2018
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Rang Be Rang Er Kori
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Rituparna Sengupta, Arunima Ghosh (Ranjan Ghosh)
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Bengali
|
Q2 FY2018
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Nila Choley Kiriti
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Indrani Sengupta, Rituparna Sengupta (Anindya Bakash Dutta)
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Bengali
|
Q2 FY2018
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About Eros International
Bhavesh Joshi
Harshvardhan Kapoor (Vikram Motwane / Phantom Films)
Hindi
Q3 FY2018
Mukkebaz
Vineeth Kumar & Zoya (Anurag Kashyap / Colour Yellow Productions)
Hindi
Q3 FY2018
Nimmo
Anjali Patil, Karan Dave (Rahul Sanklya / Colour Yellow Productions)
Hindi
Q3 FY2018
Happy Pill
Ritwick Chakraborty, Sohini Sarkar (Moinak Bhowmik)
Bengali
Q3 FY2018
Nervazhi
Nayanthara (Bharath Krishna)
Tamil
Q4 FY2018
Happy Bhag Jayegi 2
Diana Penty, Abhay Deol, Jimmy (Mudassar Aziz / Colour Yellow Productions)
Hindi
Q4 FY2018
Untitled
(Raja Chandra)
Bengali
Q4 FY2018
Untitled
(Sandip Ray)
Bengali
Q4 FY2018
Chandamama Door Ke
Sushant Singh Rajput, Nawazuddin Siddiqui (Sanjay Puran Singh)
Hindi
FY2019
Manmarziyaan
(Anurag Kashyap / Colour Yellow Productions)
Hindi
FY2019
Fake
(Raj & DK)
Hindi
FY2019
Untitled
(Homi Adajania / Maddock Films)
Hindi
FY 2019
Badlapur 2
(Sriram Raghavan / Maddock Films)
Hindi
FY 2019
Soorma
Saif Ali Khan & Others (Navdeep Singh / Colour Yellow Productions)
Hindi
FY2019
Untitled
Shah Rukh Khan (Anand L Rai / Colour Yellow Productions)
Hindi
FY2019
Untitled
(Rahul Dholakia)
Hindi
FY2019
Jaita
Harman Baweja (Harry Baweja)
Hindi
FY2019
Guru Tegh Bahadur
(Harry Baweja)
Punjabi
FY201
About Eros International
Eros International Media Ltd. (BSE Script Code: 533261; NSE Script Code: EROSMEDIA) is a leading global company in the Indian film entertainment industry that acquires, co-produces and distributes Indian films across all available formats such as cinema, television and digital new media. Eros International is part of Eros International Plc, which became the first Indian media Company to raise capital and be listed on the New York Stock Exchange. Eros International has experience of over three decades in establishing a global platform for Indian cinema. The Company has a competitive advantage through its extensive and growing movie library comprising of over 1,200 films, which include Hindi, Tamil, and other regional language films for home entertainment distribution. Eros International has built a dynamic business model by combining the release of new films every year with the exploitation of its film library. For further information please visit: www.erosintl.com