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Earnings Call Transcript

Shemaroo Entertainment Earnings Call Transcript: Key Takeaways

Shemaroo is pivoting heavily toward digital to offset a decaying traditional media business. While narrowing EBITDA losses, the company remains defensive regarding specific profitability timelines and debt reduction targets.

Guidance and delivery
Management target Revenue 10.0% FY27
Highlights
Revenue growthRevenue fell 6% YoY due to weak digital B2B syndication.
MarginsEBITDA losses narrowing; long-term target of 20% margin.
Demand visibilityStrong digital engagement but subdued traditional advertising environment.
Management confidenceBalanced but cautious regarding short-term traditional media headwinds.

Growth

Revenue fell 5.6% YoY; digital revenue declined 17% while traditional media grew 5%.

Outlook

Aiming for double-digit top-line growth and turning EBITDA positive in FY27.

Risks

BARC ratings blackout and geopolitical tensions hurting B2B syndication; high inventory levels.

Last quarter's promises, checked

Delivered

  • End inventory charge-offs by FY26 → on track for final Q4 charge-off (= BEAT)
  • Syndication deals deferred last Q → closed and billed in Q3 (= BEAT)

Partly delivered

  • Debt stabilization → increased from 295 Cr to 310 Cr (= PARTIAL)
  • Inventory reduction → dropped from 727 Cr to 417 Cr, aiming for <400 Cr (= PARTIAL)

Missed

  • Revenue growth → fell 5.6% YoY (= MISS)
  • Digital revenue growth → declined 17% YoY (= MISS)
Source

Earnings Call Transcript filed with NSE, NSE: SHEMAROO. Summary written with AI assistance from the document.

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Shemaroo Entertainment Ltd: key numbers

Share price
₹124.51
Market cap
₹357.7 Cr
Revenue (annual)
₹583.1 Cr
Net profit (annual)
₹-218.6 Cr
P/E (TTM)
-2.0×Sector 27.7×
Promoter holding
67.24%+0.00% QoQ
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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