Dear Shareholders,
It gives me immense pleasure to present you the 24 Annual Report of the Company.
The Company even after having a hard-hitting period and despite of challenging market
situation in the last one year, it has planted various plans and prospects with the
vendors, lenders and associates in the Media and Entertainment (M&E) Industry to make
the Company grow the way it has led for the past decade and is trying its way out to stand
tight in the M&E Industry.
It has been an eventful year for the Indian Media & Entertainment industry. The
macroeconomic mood of the nation remained bearish for most part of the year, reflected in
the economic pressures faced by industries across and media being no exception. However,
in an environment of volatility and dynamism, this industry has continued to grow at a
rapid pace year-on-year. In the process it has also become a critical contributor to the
economic and social narrative of the country.
Sri Adhikari Brothers Group is a pioneer in the field of Indian Media and has gone
through various stages of growth over the past 3 decades. The Company is one of the front
runners in content creation and syndication.
The group not only has a fair amount of experience in the production and syndication of
content but also has wide presence in the broadcasting sector. Currently, the group has
exposure across content production & syndication, broadcasting and publishing.
Your Company is closely monitoring the developments taking place in the content space
and taking strategic steps to respond positively to the changing environment. Also the
company is working on various opportunities to leverage its vast content library to take
the revenue growth at a new high.
I would like to convey my gratitude to all our employees, advertisers, producers,
artists, bankers, business associates and all other stakeholders for their support during
the difficult period and without your support and trust, this Company would not have been
able to deliver the quality entertainment it has always produced. I am confident that we
will successfully cross the hard times of the Company and bring the Company and bring the
Company back to its glory.
With warm regards,
Markand Adhikari
Chairman & Managing Director