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OnMobile Global Ltd. — Earnings Release 2021
Aug 6, 2021
62296_rns_2021-08-06_9811633a-c52b-4449-9f64-ab5ea827ca41.pdf
Earnings Release
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ONMOBILE GLOBAL LIMITED Tower #1, 94/1 C & 94/2, Veerasandra Village, Attibele Hobli, Anekal Taluk, Electronic City Phase-1, Bangalore - 560100, Karnataka, India P: +91 80 4009 6000 | F: +91 80 4009 6009 CIN - L64202KA2000PLC027860 Email - [email protected] www.onmobile.com
August 06, 2021
To Department of Corporate Services, The Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Bandra (East) Mumbai - 400 001 Mumbai - 400 051 Scrip Code: 532944 Scrip Code: ONMOBILE
Dear Sir/ Madam,
Sub: Intimation of Press Release
This is to inform you that OnMobile Global Limited is issuing a press release titled “OnMobile Reports First Quarter Fiscal 2022 Results”, a copy of which is enclosed herewith.
Requesting you to please take the same on record.
Thanking you,
Yours sincerely, For OnMobile Global Limited P V Varaprasad Company Secretary
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Encl: a/a
OnMobile Reports First Quarter Fiscal 2022 Results
Revenue at Rs 135 crore, EBITDA Margin at 11.3%, PAT up 35.8% YoY
Bengaluru, 6[th] August, 2021: OnMobile Global Limited (“OnMobile”) today announced the financial results for first quarter of FY22 ended June 30, 2021. Our PAT reflected a growth of 9.8% QoQ & 35.8% YoY with 12.7% margin and our continuing efforts on cost rationalization efforts also helped in retaining double digit EBITDA Margin of 11.3%.
Financial Highlights:
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Revenue remains stable QoQ.
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Our cost rationalization efforts are continuing and have yielded savings with a reduction of 11.8% QoQ and 11.6% YoY in manpower costs.
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Other Opex cost declined by 22.3% YoY; however the last quarter numbers were lower due to one time reversal of accumulated lease rentals on account of giving up of rented space.
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EBITDA at INR 145 Mn continues to remain in double digits with a margin of 11.3% for the quarter
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Operating Profits of INR 119 Mn,9.2%.
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PBT grew by 12.5% QoQ and 16.3% YoY to INR 224 Mn including an exceptional gain of INR 73 Mn this quarter.
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PAT grew by 9.8% QoQ and 35.8% YoY to INR 164 Mn.
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DSO improved to 122 days in Q1FY22 vs 137 days in Q1FY21.
Consolidated Financial Press Release:
| Consolidated Financial Press Release: | Consolidated Financial Press Release: | Consolidated Financial Press Release: | Consolidated Financial Press Release: | Consolidated Financial Press Release: | Consolidated Financial Press Release: |
|---|---|---|---|---|---|
| Amount in Rs lakhs except dataper share | |||||
| Quarter ended | Year ended | ||||
| **Sl. No ** | Particulars | June 30, 2021 (Unaudited) |
March 31, 2021 (Refer Note 9) |
June 30, 2020 (Unaudited) |
March 31, 2021 (Audited) |
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 |
Revenue from Operations Telecom Value Added Services Other income (Net) Total Income Expenses (a) Content fee and royalty (b) Contest expenses (c) Cost of software licenses and others (d) Employee benefits expenses (e) Finance costs (f) Depreciation and amortisation expenses (g) Other expenses Total expenses Profit before share of (loss)/profit of associates, exceptional items and tax(1-2) Share of (loss)/profit of associates Profit before tax and exceptional items (3+4) Exceptional items - net (refer note 6) Profit before tax (5+6) Tax expense (a) Current tax (b) Deferred tax Total tax Profit for the period / year (7-8) Other comprehensive income A. (i) Items that will not be reclassified to profit or loss (ii) Income tax relating to items that will not be reclassified to profit or loss B. (i) Items that will be reclassified to profit or loss (ii) Income tax relating to items that will be reclassified to Other comprehensive income Total comprehensive income for the period/ year (9+10) Paid up equity share capital (Face value of Rs 10/- each) Other equity Earnings per share (of Rs. 10 each) (not annualised except for year ended March 31, 2021) (a) Basic (b) Diluted |
12,877 360 |
13,070 328 |
14,084 318 |
55,129 1,007 |
| 13,237 | 13,398 | 14,402 | 56,136 | ||
| 6,365 107 251 3,001 15 265 1,725 |
6,399 99 225 3,402 13 284 1,449 |
6,596 110 303 3,394 30 337 1,705 |
26,207 513 1,170 14,023 93 1,280 6,622 |
||
| 11,729 | 11,871 | 12,475 | 49,908 | ||
| 1,508 | 1,527 | 1,927 | 6,228 | ||
| (6) | 26 | - | (57) | ||
| 1,502 | 1,553 | 1,927 | 6,171 | ||
| 732 | 466 | - | 466 | ||
| 2,234 511 82 |
2,019 245 278 |
1,927 629 89 |
6,637 1,576 463 |
||
| 593 | 523 | 718 | 2,039 | ||
| 1,641 38 (11) 71 - |
1,496 76 (22) (841) - |
1,209 (49) 14 (23) - |
4,598 8 (2) 776 - |
||
| 98 | **(787) ** | **(58) ** | 782 | ||
1,739 |
709 | 1,151 | 5,380 | ||
| 10,480 | 10,450 | 10,354 | 10,450 52,161 |
||
| 1.57 1.54 |
1.43 1.42 |
1.16 1.16 |
4.42 4.41 |
||
About OnMobile:
OnMobile [NSE India: ONMOBILE] [BSE Ltd: 532944], is a global leader in mobile entertainment. Headquartered in Bangalore, India and with presence in many countries across the world, OnMobile offers a wide array of products such as Videos, Tunes, Games & Contests. Based on current deployments, OnMobile has over 100 million active subscribers and an addressable base of more than 1.68 billion mobile users across several geographies.
For further information, please visit www.onmobile.com