Tata Sky’s valuation zooms to Rs 8,446.8 crore in FY15

Dinesh jain

Dream Legend
Joined
3 Feb 2014
Messages
14,469
Reaction score
12,022
Tata Sky, a joint venture between Tata Sons and
Star India, has seen a sharp rise in its valuation. In the
fiscal ended March 2015, the equity valuation of the
direct-to-home (DTH) company stood at Rs 8446.8 crore
(Rs 84.47 billion), up 46.7% from Rs 5756.13 crore (Rs
57.56 billion) a year ago.

In FY15 Tata Sky issued 41,666,670 shares of Rs 10 each at a premium of Rs 50 per share to existing shareholders.

The total number of shares of the company stood at
140,77,70,000.

In fact, the valuation saw a revision in the same financial
year. In the first issue, the DTH company allotted
86,956,530 shares at a premium of Rs 47.50 per share.
Later in the year, Tata Sky issued shares at a premium of
Rs 50 per share.

In FY15, Tata Sky raised Rs 750 crore (Rs 7.5 billion)
through equity and Rs 200 crore (Rs 2 billion) in debt to
fund capex of Rs 1400 crore (Rs 14 billion).
The capital raised through the first issue was Rs 500 crore
(Rs 5 billion). In the second tranche, Tata Sky raised Rs
250 crore (Rs 2.5 billion) at a premium of Rs 50 per
share.

Tata Sky had an equity valuation of Rs 3,854.53 crore (Rs
38.55 billion) in FY13. The allocation of 6.15 crore (61.5
million) equity shares in FY13 was made at a premium of
Rs 23 per share. In FY14, the company issued equity
shares at a premium of Rs 35 per share.

Tata Sky is privately held, with Tata Sons owning 60%
stake in the company. Star India effectively holds 30% and
the remaining 10% is with Temasek Holdings.

Tata Sky’s net loss stood at Rs 267.27 crore (Rs 2.67
billion) in FY15 compared to Rs 280.41 crore (Rs 2.80
billion) a year ago. Profit (before depreciation, finance, tax
and prior period items) stood at Rs 926.74 crore (Rs 9.27
billion) compared to Rs 591.28 crore (Rs 5.91 billion) a
year ago.
As of 31 March 2015, Tata Sky’s accumulated loss on the
balance sheet stood at Rs 3,729.82 crore (Rs 37.3
billion). In FY14, the company had written off an amount
of Rs 1,500 crore (Rs 15 billion) against the securities
premium account.


http://www.televisionpost.com/dth/tata-skys-valuation-zooms-to-rs-8446-8-crore-in-fy15/
 
Thread starter Similar threads Forum Replies Date
M TFO buying 5% in tata sky. It double the valuation of company Tata Sky 2
DreamDTH.com Article Tata Sky HD Box receives software update; new features introduced with minor UI changes DreamDTH Articles Discussions 0
DJ Roy DDF Exclusive Tata Sky New UI Tata Sky 30
V Seeking Help Signal issues with Tata Sky Multi TV Tata Sky 10
KrisH 22 SUN HD vs Tata Sky HD Quality Tata Sky+ HD 4
E Good News Upgraded to Tata Sky Binge+ Tata Sky Binge+ 9
S Tata Sky HD has became strange Tata Sky HD 8
IndiaN JSat Offer | 11.07.20 | Tata Sky Hollywood Local @ ₹1 Tata Sky 4
DreamDTH.com Article ZEE5 content now integrated within Binge tab on Tata Sky Binge DreamDTH Articles Discussions 0
SarfaRaZ DTH Updates "FYI Tv18" Removed By Tata Sky Tata Sky 1
DJ Roy Is Tata Sky Vedic Math available for free? Tata Sky 0
DJ Roy Jingalala Afternoon offer | Tata Sky Senior | July 8th 2020 | Tata Sky 0
Anish Pai Breaking Tata Sky website Rewamped to new look Tata Sky 5
Vadirocks Discussion Cheap Act By Tata Sky Technician Tata Sky 18
S Seeking Help Tata Sky or Airtel dth DTH Support & Comparisons 9
raghavzx Seeking Help Need Referral Code for New Tata Sky HD Connection Tata Sky HD 6
DreamDTH.com Article Antrix case against Tata Sky for recovery in TDSAT to be expedited after Supreme Court request DreamDTH Articles Discussions 0
S New Tata sky hd connection Tata Sky HD 12
DreamDTH.com Article Sun Direct, Dish TV, and Tata Sky update reduced MRP of SPNI’s Happy India Packs impacted by AXN shutdown DreamDTH Articles Discussions 0
A Seeking Help Help me choose: Tata Sky Binge vs Tata Sky HD+ Tata Sky+ HD 4
DJ Roy Good News J-Sat offer | Tata Sky Music Plus & Tata Sky Dance Studio | July 4th 2020 Tata Sky 1
DreamDTH.com Article Tata Sky launches ‘HD PVR Big Sale’ with massive 46% discount on new ‘Tata Sky+ HD’ connection Tata Sky+ HD 22
SarfaRaZ DTH Updates Tata Sky Removed "Jai Maharashtra" from its platform Tata Sky 4
SarfaRaZ DTH Updates Tata Sky Revised Price of 75 Packages including {Curated & Sony Happy Ind Packs} Tata Sky 7
SarfaRaZ DTH Updates AXN & AXN HD Removed by Tata sky Tata Sky 0
Similar threads

























Top Bottom
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock