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Sun TV Q3FY17 Earnings Highlights

Sun TV Network Ltd reported financial results for Q3FY17. Net sales turnover decreased 2.82% to Rs. 589.43 Cr compared to Q3FY16. EBITDA margin fell 12 bps to 81.21% and net profit margin decreased 299 bps to 40.73%. Net profit increased 10.98% to Rs. 240.09 Cr compared to Q3FY16. Revenue and margins displayed erratic but increasing trends from Q3FY16 to Q3FY17.

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0% found this document useful (0 votes)
50 views4 pages

Sun TV Q3FY17 Earnings Highlights

Sun TV Network Ltd reported financial results for Q3FY17. Net sales turnover decreased 2.82% to Rs. 589.43 Cr compared to Q3FY16. EBITDA margin fell 12 bps to 81.21% and net profit margin decreased 299 bps to 40.73%. Net profit increased 10.98% to Rs. 240.09 Cr compared to Q3FY16. Revenue and margins displayed erratic but increasing trends from Q3FY16 to Q3FY17.

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Q3FY17 Earnings Report Sun TV Network Ltd

Standalone Report INE424H01027

Net Sales Turnover Ebitda Margin PAT Margin Net Profit


Rs. 589.43 Cr 2.82% 81.21% 12.0 bps 40.73% 299.0 bps Rs. 240.09 Cr 10.98%

Date : 18th February 2017 Note : Values compared with Q3FY16

Overview
1000 120

800 100
Net Sales Turnover (in Cr.)

600 80

Margin
400 60

200 40

0 20
Q3FY16 Q4FY16 Q1FY17 Q2FY17 Q3FY17

Net Sales Turnover (in Cr.) Operating Margin (RHS) Net Profit Margin (RHS)

Revenue decreased by 5.77% to Rs. 589.43 Cr in Q3FY17 when compared to the previous quarter. On the other hand, it grew by 2.82% when
compared with Q3FY16. The Sales had been decreasing in the period Q2FY17 to Q3FY17. It displayed an erratic but increasing trend from
Q3FY16 to Q2FY17. EBITDA was Rs. 478.66 Cr for Q3FY17, a fall of 7.08% compared to Q2FY17.It rose by 2.67% compared to Q3FY16 . It
displayed an erratic but increasing trend from Q3FY16 to Q3FY17. PAT for Q3FY17 was Rs. 240.09 Cr, a drop of 11.19% when compared to
Q2FY17 . When compared to Q3FY16, PAT grew by 10.98%. It displayed an erratic but increasing trend from Q3FY16 to Q3FY17.

Trend of Other Expenses


200
Trend of Other Expenses

The EBITDA Margin fell to 81.21% in Q3FY17, a fall of 114.0 bps


compared to the last quarter. It was due to the rise in other
150
expenses as a proportion of sales. The EBITDA Margin was 81.33%
same quarter last year. PAT Margin fell from 43.22% in Q2FY17 to
100
40.73% this quarter. It fell due to the drop in EBITDA Margin ,
depreciation and interest.
50
Q3FY16 Q4FY16 Q1FY17 Q2FY17 Q3FY17

Trend of Other Expenses


EPS Trend
7
The EPS fell this quarter to Rs. 6.09 from Rs. 6.86 in Q2FY17. In
Q3FY16 it was Rs. 5.49.

EPS Trend
6

The stock price of Sun TV Network Ltd increased from Rs. 505.35 to
Rs. 703.35 when compared to the previous quarter.
5
Q3FY16 Q4FY16 Q1FY17 Q2FY17 Q3FY17

EPS Trend

Stock Price
750

700

650
Stock Price

600

550

500

450

400
0

7
-3

-1

-2

-2

-1

-2

-0

-1

-2

-1

-2

-0

-1

-1
09

10

10

10

11

11

12

12

12

01

01

02

02

02
-

-
16

16

16

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17
20

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20

20

Stock Price 20
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