Shemaroo Entertainment Earnings Call Transcript: Key Takeaways
Revenue declined slightly as digital growth (+26% YoY) was offset by a sharp 21% drop in traditional media.
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Revenue declined slightly as digital growth (+26% YoY) was offset by a sharp 21% drop in traditional media.
Q2 FY27 revenue INR 1,412 Mn (-1.5% YoY); EBITDA loss narrowed to INR 23 Mn; PAT loss INR 75 Mn. Digital growth offset traditional decline.
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.
Shemaroo reported Q1 FY27 revenue of INR 1,317 Mn, down 5.6% YoY. The company is transitioning from traditional to digital media, with digital now accounting for 47% of revenue.
Shemaroo reported Q4 FY26 revenue of ₹140cr and FY26 revenue of ₹583cr. The firm completed a strategic inventory charge-off cycle, resulting in an FY26 net loss of ₹219cr.
Shemaroo faces significant financial distress with a massive FY26 net loss of ₹219 crores, primarily driven by a strategic but painful inventory charge-off cycle and a struggling traditional media business.
Shemaroo faced a challenging FY26 with a 14.9% revenue decline and deep losses (INR 2,186 Mn) driven by a 50.5% YoY crash in traditional media during Q4.