Latest news with #YatishMehrishi
Time of India
31-07-2025
- Business
- Time of India
ENIL posts Q1 revenue of ₹117 cr
Consolidated revenues rose 3% for Entertainment Network India (ENIL) to ₹117 crore for the quarter ended June 30, year-on-year. Domestic revenues rose 3.2% to ₹113 crore, supported by growth in the events, solutions, and digital segments. Ebitda for the quarter stood at ₹6.2 crore, up 3.6% from the same period last year. ENIL operates Radio Mirchi , which runs FM radio stations in 63 Indian cities, and owns the audio streaming platform Gaana. Radio advertising remained subdued, largely due to a high base in Q1 FY25, which saw one-time political advertising during the general elections. Ebitda, excluding the digital business, came in at ₹16 crore, with a margin of 17.5%. The digital segment reported revenues of ₹21.7 crore, accounting for 40.7% of ENIL's core radio advertising revenue, compared with 24.8% in the same quarter last year. Investments in the segment declined to ₹9.8 crore from ₹14.2 crore in the year-ago period. The international segment also reported a positive contribution, with revenues of ₹4.1 crore and a positive Ebitda. 'In a quarter marked by industry challenges and market volatility, our strategy to evolve from a radio-only company to a multimedia business has delivered promising results. Our Events and Solutions segment grew by a strong 33% in Q1, supported by our continued focus on solution-based offerings,' said Yatish Mehrishi, CEO of ENIL.
Time of India
30-07-2025
- Business
- Time of India
Entertainment Network India Ltd Q1 revenue up 3% as digital, events drive growth
Entertainment Network India Ltd (ENIL) reported consolidated revenue of ₹117 crore for the quarter ended June 30, marking a year-on-year increase of 3%. Domestic revenue rose 3.2% to ₹113 crore, supported by growth in the events, solutions, and digital segments. Ebitda for the quarter stood at ₹6.2 crore, up 3.6% from the same period last year. ENIL operates Radio Mirchi , which runs FM radio stations in 63 Indian cities, and also owns the audio streaming platform Gaana. Explore courses from Top Institutes in Please select course: Select a Course Category Management Data Science others CXO healthcare Technology Finance Healthcare MCA Product Management Artificial Intelligence Public Policy Degree Project Management Design Thinking Digital Marketing Data Analytics PGDM Leadership MBA Operations Management Data Science Others Cybersecurity Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK GMPBE India Starts on undefined Get Details Skills you'll gain: Duration: 11 Months IIM Kozhikode CERT-IIMK General Management Programme India Starts on undefined Get Details Skills you'll gain: Duration: 9 Months IIM Calcutta CERT-IIMC APSPM India Starts on undefined Get Details Radio advertising remained subdued, largely due to a high base in Q1 FY25, which had seen one-time political advertising during the general elections. Ebitda, excluding the digital business, came in at ₹16 crore, with a margin of 17.5%. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Top 32 Most Beautiful Women In The World Undo The digital segment reported revenue of ₹21.7 crore, accounting for 40.7% of ENIL's core radio advertising revenue, compared with 24.8% in the same quarter last year. Investments in the segment declined to ₹9.8 crore from ₹14.2 crore in the year-ago period. The international segment also reported a positive contribution, with revenue of ₹4.1 crore and a positive Ebitda. Live Events "In a quarter marked by industry challenges and market volatility, our strategy to evolve from a radio-only company to a multimedia business has delivered promising results. Our events and solutions segment grew by a strong 33% in Q1, supported by our continued focus on solution-based offerings," said Yatish Mehrishi, CEO of ENIL. "Our digital business, which recorded 41.2% growth, continues to gain momentum. Gaana is seeing robust subscription uptake and consumer engagement, signalling increasing user alignment. With improved cost efficiency and a sharper focus on multi-platform expansion, ENIL is well-positioned to tap into emerging opportunities in the evolving media landscape." As of June 30, the company had cash reserves of ₹349 crore.
Yahoo
19-05-2025
- Business
- Yahoo
Entertainment Network (India) Ltd (BOM:532700) Q4 2025 Earnings Call Highlights: Digital Surge ...
Domestic Revenue Growth: 9.4% year-on-year growth, driven by digital and non-SCP segments. Core Business Revenue: INR 465 crores, a 2.6% year-on-year growth. Non-STT Segment Growth: 20% year-on-year to INR 151 crores. Non-STD Business EBITDA Margin: 33% for F525. Digital Segment Revenue: INR 61 crores, a 122% year-on-year growth. Digital Revenue Contribution: 32% of total radio revenues in Q4 F525, up from 24% last year. Q4 F525 EBITDA (Excluding Digital): INR 37.4 crores with a margin of 27.5%. Full Year EBITDA (Excluding Digital): INR 118.8 crores with a margin of 25.5%. Profit After Tax (PAT) for Full Year: INR 48.1 crores. International Operations Revenue: INR 19.2 crores, EBITDA positive. Cash Balance: INR 368 crores as of March 31, 2025. Dividend: Recommended INR 2 per share, up from INR 1.5 per share last year. Warning! GuruFocus has detected 3 Warning Signs with BOM:532700. High Yield Dividend Stocks in Gurus' Portfolio This Powerful Chart Made Peter Lynch 29% A Year For 13 Years How to calculate the intrinsic value of a stock? Release Date: May 17, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Entertainment Network (India) Ltd (BOM:532700) reported a 9.4% year-on-year growth in domestic revenue, driven by strong performance in digital and non-SCP segments. The digital segment, particularly through the Ghana platform, saw a remarkable 122% year-on-year revenue growth. The company maintained a healthy 26% volume share in the radio segment despite industry challenges. Non-STD business showed strong performance with a 33% EBITDA margin. The company announced an increased dividend of INR2 per share, up from INR1.5 per share last year. The radio industry faced significant headwinds, impacting overall performance. There was a 4% drop in volume growth due to reduced government and political spending compared to the previous year. Prices have not returned to pre-COVID levels, remaining about 25% lower. Ghana is still in the investment phase and is not yet profitable, though expected to be in 5 to 6 quarters. The ad business is expected to remain muted due to macroeconomic conditions and past political spending. Q: What is the Ghana revenue for the quarter and for the full year? A: Ghana's total revenue for the full year was INR 46.2 crores, up from last year's INR 12.78 crores. For the quarter, Ghana's revenue was approximately INR 18 crores. - Yatish Mehrishi, CEO Q: What is the market share for the radio and digital segments? A: In the radio business, we hold a 26% volume share and over 30% from a value perspective. For Ghana, market share is difficult to ascertain due to different business models, but we maintain a healthy share in the paid music streaming market. - Yatish Mehrishi, CEO Q: What is the inventory utilization for the quarter and the year? A: Inventory utilization for the quarter was around 81%, and for the full year, it was about 78%. - Yatish Mehrishi, CEO Q: What is the volume growth for both the quarter and the year? A: There was a drop in volume growth by about 4% due to the previous year's high base from government and political spending. - Yatish Mehrishi, CEO Q: How does the company plan to compete with platforms like Spotify, and what is the future growth plan for Ghana? A: Ghana is focused on being a made-in-India product with a 28% growth in subscriber base since December. We aim for profitability in the next 5 to 6 quarters, leveraging our curated music experience and competitive pricing. - Yatish Mehrishi, CEO Q: What sectors, apart from government, have supported overall volumes? A: The BFSI and real estate sectors have shown significant growth, with BFSI contributing a 16% increase. - Yatish Mehrishi, CEO Q: What is the outlook for FCT and non-FCT segments in F 526? A: While the ad business may remain muted, we are optimistic about growth in our non-FCT solution and event businesses, which have shown strong performance. - Yatish Mehrishi, CEO Q: Could you share engagement metrics or time spent on the Ghana platform? A: We don't have free users, so comparisons are difficult. However, engagement metrics are growing alongside subscriber numbers, indicating healthy user interaction. - Yatish Mehrishi, CEO For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
