Culver Max Entertainment Pvt Ltd
About
Culver Max Entertainment Private Limited is a subsidiary of the Sony Group Corporation of Japan. In India, it was formerly known as Sony Pictures Network. Culver Max owns and operates 26 channels in India in various segments like general entertainment, sports, digital video-on-demand (VOD), and movies. Some of its widely recognised channels include Sony Entertainment Television (SET), Sony Max, Sony Wah, Sony Pix, Sony BBC Earth, Sony Yay!, and the Sony Sports Network channels. It has also ventured into a digital VOD platform, Sony LIV, and it produces original content through Studio Next. Put together, Culver Max Entertainment has a viewership of approximately 700 million people in India. Under the leadership of Sudhir Banerjee, its channels are available in 167 countries around the world, including the Caribbean, the UK, Australia, New Zealand, the US, and Canada.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 6726 -2.7% | 6912 0.7% | 6868 20.0% | 5722 -3.9% | 5952 -5.7% | 6310 -1.8% | 6428 29.1% | 4981 24.4% | 4003 19.0% | 3365 425.8% | 640 -33.8% | 966 -36.5% | 1521 31.0% | 1161 -7.0% | 1248 15.0% | 1085 - |
| Net Operating Income (INR Cr) | 6511 -2.61% | 6685 -0.91% | 6746 20.52% | 5598 0.00% | 5781 -7.11% | 6224 -0.85% | 6277 28.55% | 4883 24.92% | 3909 16.94% | 3343 442.62% | 616 -36.24% | 966 -36.48% | 1521 31.00% | 1161 -6.96% | 1248 14.98% | 1085 0.00% |
| Profit (INR Cr) | 840 -19.4% | 1042 11.2% | 938 61.0% | 582 -40.3% | 976 181.7% | 346 -22.6% | 447 -9.2% | 493 31.9% | 374 415.7% | 72 -6.7% | 78 -24.1% | 102 -22.5% | 132 425.4% | 25 -20.0% | 31 78.3% | 18 - |
| Assets (INR Cr) | 9437 13.1% | 8346 14.0% | 7323 7.0% | 6845 10.1% | 6217 16.4% | 5341 -16.0% | 6359 13.1% | 5624 115.4% | 2611 -9.4% | 2880 -4.8% | 3024 97.1% | 1535 8.0% | 1420 11.7% | 1272 -5.6% | 1347 -0.9% | 1359 - |
| Net Worth (INR Cr) | 9118 10.0% | 8286 14.7% | 7224 15.1% | 6278 0.0% | 5711 20.5% | 4741 -6.5% | 5068 9.8% | 4615 136.9% | 1948 25.4% | 1554 4.9% | 1481 2.4% | 1447 7.6% | 1345 10.9% | 1213 2.1% | 1188 2.7% | 1156 0.0% |
| Employee Cost (INR Cr) | 567 4.5% | 542 -13.2% | 625 46.5% | 426 -0.8% | 430 13.5% | 379 2.4% | 370 37.1% | 270 23.6% | 218 15.7% | 189 -6.7% | 202 - | 0 - | 0 - | 0 - | 0 - | 0 - |
| Interest Cost (INR Cr) | 17 | 11 | 20 | 9 | 27 | 55 | 52 | 67 | 88 | 93 | 13 | 0 | 0 | 0 | 0 | 0 |
| Cash & Bank Balance (INR Cr) | 2796 | 3030 | 2913 | 1584 | 662 | 227 | 1229 | 343 | 126 | 129 | 108 | 126 | 87 | 45 | 22 | 96 |
| Total Debt (INR Cr) | 0 | 0 | 0 | 0 | 0 | 181 | 834 | 688 | 325 | 1090 | 1377 | 0 | 0 | 59 | 160 | 203 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 12.5% | 15.1% | 13.7% | 10.2% | 16.4% | 5.5% | 7.0% | 9.9% | 9.3% | 2.2% | 12.1% | 10.6% | 8.7% | 2.2% | 2.5% | 1.6% |
| Profit As % Of Assets | 8.9% | 12.5% | 12.8% | 8.5% | 15.7% | 6.5% | 7.0% | 8.8% | 14.3% | 2.5% | 2.6% | 6.7% | 9.3% | 2.0% | 2.3% | 1.3% |
| Profit As % Of Networth | 9.2% | 12.6% | 13.0% | 9.3% | 17.1% | 7.3% | 8.8% | 10.7% | 19.2% | 4.7% | 5.2% | 7.1% | 9.8% | 2.1% | 2.6% | 1.5% |
| Interest Cost to EBITDA % | 1.5% | 1.0% | 1.5% | 0.8% | 2.1% | 7.9% | 6.9% | 8.6% | 14.7% | 38.5% | 9.6% | - | - | - | - | - |
| Debt to Equity Ratio | - | - | - | - | - | 0.04 | 0.16 | 0.15 | 0.17 | 0.70 | 0.93 | - | - | 0.05 | 0.13 | 0.18 |
| RONW | 9.7% | 15.3% | 13.9% | 9.3% | 18.7% | 9.2% | 9.2% | 15.0% | 21.3% | 6.5% | 5.3% | 7.3% | 10.3% | 2.1% | 2.7% | 1.5% |
| ROCE | 12.9% | 17.5% | 18.2% | 14.3% | 21.6% | 13.2% | 12.4% | 20.2% | 24.2% | 10.2% | 6.1% | 11.9% | 21.5% | 9.1% | 3.3% | 3.6% |