October 17, 2012 / 18:10 IST
Dish TV, India's only listed DTH company with highest market share of 29%, is set to declare its second quarter numbers on October 18. Analysts on an average expect the company to report a standalone net loss of Rs 22 crore, which included mark to market forex impact, as against net loss at Rs 32 crore in previous quarter. In the March quarter, the company had recorded loss of Rs 49 crore.
The reduction in loss is likely to be driven by better margin performance and minor loss on account of forex impact.Total income from operations is seen going up by 4% to Rs 542 crore in the three months ended September 2012 from Rs 520 crore in June quarter, driven by nearing of digitization mandate date October 31. Earnings before interest, tax, depreciation and amortisation (EBITDA) is likely to go up by 1% quarter-on-quarter to Rs 157 crore during the quarter.But operating profit margin is expected to fall by 90 basis points QoQ to 29% in the second quarter of current financial year.Subscriber addition is expected to be healthy led by recent launch of SD recorder, which is available at cheaper pricing against HD recorders by competitors.Analysts expect the company to add around 5 lakh customers during the current quarter, which is in line with first quarter additions.Average revenue per user (ARPU) is expected to be ranged between Rs 157-160 levels against Rs 156 in Q1. Management expects ARPU to grow to Rs 250 from Rs 156 in Q1 within next 3 years.The new initiative of the company - wherein subscribers will be able to watch more than 70 channels for Rs 400 a year - is expected to be ARPU accretive in medium term and is also going to lead to churn levels being maintained at 1%. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
