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Shemaroo Entertainment Ltd.

BSE: 538685 Sector: Media
NSE: SHEMAROO ISIN Code: INE363M01019
BSE LIVE 15:40 | 13 Dec 398.80 -3.45
(-0.86%)
OPEN

408.90

HIGH

410.70

LOW

394.45

NSE 15:31 | 13 Dec 400.05 -5.35
(-1.32%)
OPEN

408.00

HIGH

410.75

LOW

396.05

OPEN 408.90
PREVIOUS CLOSE 402.25
VOLUME 2102
52-Week high 450.00
52-Week low 316.55
P/E 17.50
Mkt Cap.(Rs cr) 1,084
Buy Price 0.00
Buy Qty 0.00
Sell Price 398.80
Sell Qty 3.00
OPEN 408.90
CLOSE 402.25
VOLUME 2102
52-Week high 450.00
52-Week low 316.55
P/E 17.50
Mkt Cap.(Rs cr) 1,084
Buy Price 0.00
Buy Qty 0.00
Sell Price 398.80
Sell Qty 3.00

Shemaroo Entertainment Ltd. (SHEMAROO) - Chairman Speech

Company chairman speech

Dear Shareholders

The Financial year 2015-16 was indeed an eventful year for your company.

Operationally we achieved many new milestones and have been able to carve a niche forourselves in the ever changing media industry landscape. Sticking to our investmentstrategy in movie content acquisitions we closed various deals this year one of themajor ones being with Red Chillies Entertainment for titles like ‘Main Hoon Na’‘Om Shanti Om’ ‘Chalte Chalte’ etc. On the New Media front we tiedup with various new media platforms like Hooq Spuul Saavn Hotstar etc. We achieved newrecord highs on our viewership across our YouTube channels with our flagship channel onYouTube crossing 1 billion views. Lastly we are also exploring opportunities to customizeand deliver quality content through subscription based value added services across variousDTH platforms. As you may know Shemaroo’s journey started from a small bookcirculating library in 1962 from where we evolved into a home video distributor andtoday we are one of the largest movie content aggregator in the Media Industry with over3400 titles under our basket. It is in our DNA to think differently and envisageopportunities ahead of the curve. Hence we have continued our strategy to expand ourmovie content library and invest k in quality content. We are able to m grow our librarydue to our long standing established relationships across the Indian movie industry. Ourunderstanding of the latest in media technologies and ever- changing consumption patternhas helped us deliver quality content across platforms. I believe that today we are at thefore front of a digital revolution delivering quality content across various platforms toconsumers. This translates into multiple monetisation channels for the company leading toa strong bottom line growth.

India is currently going through a digital revolution with content consumptionincreasing multi-fold across platforms. With the advent of 4G and better BroadbandInfrastructure we expect this growth momentum to further strengthen leading to higherdemand for quality content. We are uniquely positioned to benefit from the same on theback of our strong content library our vast relationship network and our strongunderstanding of the industry dynamics. On the traditional media front we believe thatthe completion of last phase of digitization will lead to higher subscription andadvertisement revenues for the broadcasters. Hence we also expect to see a rise inbroadcasters’ content acquisition budgets. This growth would naturally flow intocontent owners like us.

Today I am more excited than ever as we move forward in our journey. We are confidentthat we are well positioned to ride the industry growth wave and achieve new highs. Iwould like to thank you for your continued support and confidence in our company. I wouldalso like to take this opportunity to thank our dynamic workforce who are the chief reasonbehind our success story.

Sincerely
Raman Maroo