Research And Views Archives

ENIL: SWOT analysis
(Sector Info)

Dec 24, 2007

In an earlier article, we had provided an overview of ENIL's business. In this article, we shall analyze the company by doing a SWOT analysis of it.

FM radio industry: Risk factors
(Sector Info)

Dec 20, 2007

In an earlier article, we had discussed the growth factors for the radio industry. In this article, we shall outline the risks that could derail the growth of the FM radio industry.

Radio industry: Growth drivers
(Sector Info)

Dec 19, 2007

In an earlier article, we had provided an overview of the radio industry. In this article, we shall outline the growth drivers of the radio industry, which is the fastest growing segment within the advertising industry.

Radio industry: An overview
(Company Info)

Dec 17, 2007

In this article, we shall provide an overview of the radio industry in India. We shall look at the key characteristics of this media segment and the factors that differentiate it from the other media segments such as television and print media.

Cinemax: House 'not' full
(Sector Info)

Jun 21, 2007

Cinemax, one of India’s leading multiplex operators, has declared a subdued operating performance for the year ended March 2007. For FY07, while the topline grew by 63% YoY, the bottomline fell by 13% YoY mainly due to large increase in entertainment tax, film distributors share, staff cost which also contributed to contraction in operating margins by 370 basis points (3.7%).

INOX Leisure: Competitive edge!
(Company Info)

Aug 24, 2006

In India, movies have always been a very important source of entertainment. The large interest in movies, dating back to almost 100 years, resulted in a number of cinema halls/theaters being set up all over the country. Film exhibition is a key interface between the film audience and the movie content. Exhibition centres in India range from the open air to air-conditioned cinema halls and multiplexes. The chart below (FY05) shows the geographical distribution of theaters across India.

Balaji Telefilms: A brief overview
(Company Info)

Feb 20, 2004

Balaji Telefilms is one of the leading television software producers in India. It’s software production spans across four languages i.e. Hindu, Tamil, Telugu and Kannada. The company has a unique mix of soaps, sitcoms and children’s programmes, which has given the company a leading position among all television content providers. The company already has a rich content library, which has a high re-run value.

"The number of non-cable homes and non-TV homes being so huge is in itself a big trigger for growth."
(Interview)

Feb 12, 2004

In an interview with Equitymaster, Mr. Devarajan shared his views on the issues and prospects of the media industry and how is Balaji Telefilms Ltd. placed in the same.

Adlabs Films: A brief overview
(Company Info)

Dec 30, 2003

Adlabs Films is India’s leading motion picture processing laboratory. It was set up in 1978 and initially catered to only the ad film market. However, over the years, the company has evolved and is all set to become a diversified media company with presence in film production, processing and exhibition (theatre management). The company has a virtual monopoly in film processing in the western region and enjoys steady business.

Adlabs: Strong numbers
(Company Info)

Sep 20, 2002

Adlabs, the film processing major, recorded 46% sales growth for 1QFY03 inspite of overall sluggishness in the media industry. The company has made encouraging progress in both film processing and film distribution businesses. The company now plans to foray into film production.

Adlabs Films: Utilisation worries
(Company Info)

Apr 4, 2002

Adlabs Films, the film processing major continues to be hit by poor peformance of film industry in the current year. The company recorded a 25% growth in sales due to multiplex project becoming operational and also higher trading income. However, operating margins of the company have taken a severe hit.

Adlabs Films: Feeling the heat
(Company Info)

Nov 7, 2001

Adlabs, film processing major reported a sharp drop in performance for 2QFY02. While sales dropped by 24% sequentially, operating margins dipped to a 21.5% compared to 35.8% in 1QFY02. Finally, PBT recorded a drop of around 52%.

Adlabs Films: So far so good
(Company Info)

Aug 7, 2001

Adlabs Films, the film processing major declared encouraging results for 1QFY02. Net profit margin shot up by 530 basis points, inspite of considerable rise in depreciation. The rise in profit seems to be driven by mega bollywood hits during the year. As the number of prints for a particular movie increases, the incremental operating profits of the company increases considerably. The company has near monopoly in film processing business.

“It pays to do something new”.
(Interview)

Jun 9, 2001

In an interview with Equitymaster.com Mr. Shetty gave his forthright views on the trend of film processing business and status of his adventurous Imax venture.

Adlabs Films: Action begins now
(Company Info)

Apr 30, 2001

Adlabs Films, recently listed film processing major has recorded encouraging results for the year ended FY01.This appears to have driven by a couple of mega bollywood hits during the year. As the number of prints for a particular movie increases, the incremental operating profits of the company increases considerably. The company has near monoploy in film processing business.

Adlabs: Revenue mix boosts profitability
(Company Info)

Jan 29, 2001

Adlabs has declared a 125% increase in the net profit on the back of a 32% improvement in the topline. The company's operating margins have also improved to 38.8% from 23.3% in the corresponding quarter of last year. The increase in profitability is primarily due to change in the revenue mix of the company.