Article Tata Sky’s valuation balloons to Rs 57.56 billion in FY14

[Deepu]

Tata Sky’s equity valuation climbed 49.33 per cent to Rs 5,756.13 crore (Rs 57.56 billion) in FY14 as net loss narrowed and EBITDA expanded. The direct-to-home (DTH) company had a valuation of Rs 3,854.53 crore (Rs 38.55 billion) in the year-ago period. Tata Sky is privately held, with Tata Sons owning 60 per cent stake in the company. Star India effectively holds 30 per cent and the remaining 10 per cent is with Temasek Holdings. Dish TV, which is a listed company, had a market cap of Rs 5,548.42 crore (Rs 55.48 billion), as of 31 March 2014. The current market cap of the Essel Group-owned DTH company has increased by 20.44 per cent to Rs 6,682.60 crore (Rs 66.83 billion). In FY14, Tata Sky allotted 11.11 crore (111.1 million) equity shares of Rs 10 each at a premium of Rs 35 per share to certain existing shareholders and new investors. The paid-up equity of the company was at Rs 1,279.14 crore.

Read more at: http://www.televisionpost.com/dth/tata-skys-valuation-balloons-to-rs-57-56-billion-in-fy14/ | TelevisionPost.com

 

[Sanjeev]

So tata sky has excelled in this year with a huge profit to their business

 

[Deepu]

Profit (before depreciation, finance, tax and prior period items) jumped 115.45 per cent to Rs 591.28 crore (Rs 5.91 billion), as against Rs 274.44 crore (Rs 2.74 billion) in FY13.

They are making huge profits

 

[DashMajor]

They're not hiring satellites, not adding enough paid channels dealing with Carriage Fees and increase of subscription packs will automatically increase the profits too.

 

[DashMajor]

"Dish TV, which is a listed company, had a market cap of Rs 5,548.42 crore (Rs 55.48 billion), as of 31 March 2014."

Dishtv earn 55.48 billions this years would be interesting to see

 

[Sanjeev]

But tata sky has gained more profit than dish tv

 

[DashMajor]

But tata sky has gained more profit than dish tv

I already give the answer that why ?

 

[Deepu]

"Dish TV, which is a listed company, had a market cap of Rs 5,548.42 crore (Rs 55.48 billion), as of 31 March 2014."

Dishtv earn 55.48 billions this years would be interesting to see

Anirudha bro, Market Cap = Number of shares available in the market x Price of each share, not the revenue generated

 

[DashMajor]

Anirudha bro, Market Cap = Number of shares available in the market x Price of each share, not the revenue generated

So market price of dishtv is Rs. 55.48 billion right.

 

[Deepu]

So market price of dishtv is Rs. 55.48 billion right.

Yes... this is the current Market value of Dish TV

As per this article, Tata Sky Market value is Rs 57.56 billion