K Sera Sera Productions Limited
Add to watch list to get report alerts
BSE Code:
532081
NSE Code:
KSERASERA
Business Profile
Business Profile
K Sera Sera (KSERA) is one of India`s largest entertainment software producers and distributors. It was incorporated on Sep. 06, 1995 as Garnet Paper Mills and subsequently got its present name on Oct. 23, 2002.
The company is present across films, television, broadband, and wireless. Film production constitutes the largest part of its operations. In FY07, it produced, co-produced and released I See You, Golmaal, and Risk. To tap the overseas markets efficiently, a wholly owned subsidiary in Dubai, K Sera Sera Productions FZ-LLC, was set up for the business of production and distribution of movies. Partner and Nanhe Jaisalmer have already been released in FY08. Kisse Pyar Karu, Chal Chala Chal, Ek-The power of Sangeet, and Mr. Fraud in Hindi and Evanu Oruvan in Tamil are scheduled for release going ahead. in April 2008, It commenced the production of a new movie titled Tara Sitara.
Film distribution has been the company`s forte and in FY07, it has distributed over 20 movies in various territories across the country. It incorporated a 100% subsidiary, Twenty Twenty Television Company, to carry out business of television content production. Working on the multiple genre model of entertainment, it has switched focus from small and medium budget films to medium and big budget films. Agreements have been signed with leading production houses, directors and other film makers. A number of projects are at different stages of production and are scheduled for release in the coming years.
The registered office is located at Plot No 15, Ground Floor, RDP 2, Near Versova Telephone Exchange, Mumbai-400053.
Financials
On a standalone basis, K Sera Sera Productions registered a profit of Rs 94.98 million for the quarter ended December 2007.
Net sales rose 65.25% to Rs 171.83 million for the quarter ended December 2007 from Rs 103.98 million for the quarter ended December 2006.
Total income rose 64.73% to Rs 172.36 million for the quarter ended December 2007 from Rs 104.63 million for the quarter ended December 2006.
The earnings per share (EPS) of the company stood at Rs 1.88 for the quarter ended December 2007.
On a consolidated basis, the company registered a profit of Rs 199.05 million for the quarter ended December 2007.
It recorded a net sales of Rs 467.72 million for the quarter.
Total income was Rs 468.25 million for the quarter ended December 2007.
The earnings per share of the company stood at Rs 3.88 for the quarter ended December 2007.
Recent Developments
19-APR-08
The company has commenced the production of a new movie titled Tara Sitara, starring Arjun Punj, Riya Sen and others.
Further, the company has terminated the co-production agreement entered with Shree Ashtavinayak Cine Vision dated Oct. 10, 2006 for the co-production of a movie.
18-APR-08
The company sorted out the issue with Ram Copal Varma pertaining to the movie titled Sarkar Raj. In this connection, the aforesaid movie is scheduled to be released on Jun. 06, 2008.
Future Plans
The company is planning to expand its operations in the overseas market. It has acquired theatrical rights and distribution rights of several films which are scheduled for release in the financial year 2006-2007 and will continue to strengthen its position in the distribution business. The company is also planning to expand its activities in the television segment. it plans to invest Rs 2,500 million to produce 20 Hindi movies over the next two years.