Slide 1: D B Corp Ltd. Investor Presentation
D B Corp Ltd. Investor Presentation May 2016 1
Slide 2: Disclaimer
Disclaimer Some of the statements made in this presentation are forward-looking statements and are based on the current beliefs, assumptions, expectations, estimates, objectives and projections of the directors and management of Dainik Bhaskar Group (DB Corp Ltd.) about its business and the industry
Slide 3: Indian Media & Entertainment Industry
Indian Media & Entertainment Industry Media Sector – Strong & Consistent Growth (INR bn) 1157 1026 918 728 821 652 2010 2011 2012 2013 2014 2015 • M&E industry size was Rs. 1157 bn in 2015, which grew by 13% over 2014. • Expected CAGR growth is 14% till 2020. Media Spend as % of GDP 0.97% 0.76% 0.86
Slide 4: Print Maintains Largest Ad-pie – Language Print Witnesses Higher Growth
Print Maintains Largest Ad-pie – Language Print Witnesses Higher Growth Radio 2% Online OOH 1% 7% Print: Print: Print English Language Television 48% 50% 50% 42% 2005 – 130.4 bn Radio OOH 4% 5% Online 11% Print Language Print 64% English Print 36% Television 40% 38% 2015 – 475 bn Source: FICCI-KPMG
Slide 5: Print & Language Advertising Revenue
Print & Language Advertising Revenue 121 111 Language Print 101 Print Media 91 2015 2014 2013 83 2012 190 2011 163 73 2010 150 2015 2013 140 2012 126 2011 – Print Media is Largest component of advertising, as a % of overall Ad pie at 40%; 2010 – Language Print is expected to maintain a healthy CAGR
Slide 6: Circulation Growth - Language Dailies Gain
Circulation Growth - Language Dailies Gain Languages January - June January - % Contribution (Copies in 2010 June 2015 Lacs) (JJ 2010) (JJ 2015) JJ 2010 JJ 2015 250 6% Hindi 148.29 202.00 29% 39% Malayalam 34.64 41.67 7% 8% Tamil 33.53 41.41 7% 8% Bengali 26.38 27.21 5% 5% 200 Kannada 16.21 23.71 3%
Slide 7: The Largest Print Media Company In India
The Largest Print Media Company In India Major Business Brands Hindi Newspaper 12 States,40 Editions Gujarati Newspaper 2 States, 7 Editions Marathi Newspaper 1 State,7 Editions FM Radio Network 7 States, 17 Stations Digital & Mobile 11 Portals & 2 Apps 77
Slide 8: Presence Across Fast Growing Markets
Presence Across Fast Growing Markets INDIA 29 States 7 Metros (English Play) 7 Union Territories Delhi, Mumbai, Chennai Less: 7 NE States Hyderabad, Kolkata, Less: 6 Union Territories (Non Focused Markets) Bangalore, Pune (Non Focused Markets) Remaining: Major 22States Remaining: (Major) 1 U.T.Chand
Slide 9: Focused on Largest Revenue Markets of India
Focused on Largest Revenue Markets of India A Leader in Print Readership, operating in the highest growth markets in India Leadership in Multiple States – Emerging Tier II & III Cities • Madhya Pradesh, Chhattisgarh, Rajasthan, Gujarat, Haryana, Punjab, Chandigarh, Maharashtra, Uttarakhand, Himachal
Slide 10: Dainik Bhaskar Is World's 4th Largest Circulated Newspaper
Dainik Bhaskar Is World‟s 4th Largest Circulated Newspaper WAN IFRA‟s World Press Trends 2015 Reports: Dainik Bhaskar (3.6 million copies) ranked as world‟s fourth largest circulated news daily Dainik Bhaskar is the only Indian news daily to feature amongst the world‟s top 5 most circulated newspape
Slide 11: Strategic Focus Area - Editorial Strategy
Strategic Focus Area - Editorial Strategy Innovative reader engagement initiatives Thought Leadership Journalism- CONTENT STRATEGIES “No Negative High Quality Monday” = Reviews & Content Knowledge enhancement for reader opinion by Jacket on eminent authors Bhaskar way of Sunday + Journalism Product
Slide 12: Circulation Strategy – Proven Track Record
Circulation Strategy – Proven Track Record 1. 15% CAGR Growth: For 5 years, from FY 2010-11 to FY 2015-16 is 15%. with volume growth of 5% and balance 10%, driven by yield in our core legacy markets. 2. Dainik Bhaskar maintains its position as the largest circulated national daily of India consisten
Slide 13: Expansion Strategy
Expansion Strategy Print Strategy Non Print Strategy • Entering new regions / • Leverage future markets that illustrate opportunities by closely higher economic studying media potential and growth consumption dynamics rate than India's GDP and evolution 13
Slide 14: Expansion Strategy – Digital Business
Expansion Strategy – Digital Business VISION • Lead digital revolution by creating most preferred destination for content. MISSION • Become an integral part of our readers‟ news needs by offering instant/real time, impactful, objective and engaging content • Attract new audiences as a window to the
Slide 15: Focused, Strong Brands For Growing Digital Audiences
Focused, Strong Brands For Growing Digital Audiences Dainikbhas Fashion10 kar.com Divyabhas 1.in kar.co.in Jeevanma Dailybhask ntra.in ar.com Dbcric.co Divyamara m 11 Portals thi.com 2 APPS Bollywood Food.bhas bhaskar.co kar.com m Gadgets.b Moneybha haskar.co skar.com m Divya Dainik Bhaskar Bhaskar
Slide 16: Is India's 2nd Largest News Destination
The New Game Changer: dainikbhaskar.com Is India‟s 2nd Largest News Destination Comscore News & Information - Mar 2016 Unique Visitors (Mn) Individual Sites 47 50 40 24 23 30 15 12 20 10 0 TOI.com Bhaskar.com NDTV Indian Express ABPLIVE Page Views (Mn) Individual Sites 2229 2500 2000 1500 1000 378 1
Slide 17: Gaining Traffic Traction
Gaining Traffic Traction Digital Media Unique Visitors (UV) More than 6 mn app downloads has risen to 34 million* and Page for Dainik Bhaskar & Divya Views (PV) to 1.2 billion* for the Bhaskar month of March‟16. Dainik Bhaskar - No. 1 Hindi News website and also the Hindi Rapidly growing focus on vi
Slide 18: Digital Media making strong headway
Digital Media making strong headway Ramping up digital presence and strengths with rapidly growing UVs and PVs Online presence in Hindi, Gujarati and Marathi - accounts for around 65% of India‟s regional language audience as well as in English. DBCL - only digital media organization, which has an in
Slide 19: Pillars Of Digital Existence
Pillars Of Digital Existence 1. Thrust on Technology to ensure: • Continuous optimization of sites for speed, better user experience & engagement by increasing page depth and maximizing the ROI to advertisers. 2. Content Differentiator is the core of digital strategy : • Offering bouquet of content
Slide 20: Digital Way Forward
Digital Way Forward Digital is moving towards personalization - creating our product & future strategy based on Big Data analysis Huge popularity in video Exponentially growing consumption amongst all smartphone penetration - platforms - creating content focusing on mobile visitors & distribution st
Slide 21: Exponential Digital Advertisement Revenue
Exponential Digital Advertisement Revenue Digital Revenue (Rs. mn) 460 305 163 108 120 90 68 30 2010 - 11 2011 - 12 2012 - 13 2013 - 14 2014 - 15 2015 - 16 Q4 FY 2014 Q4 FY 2015 -15 - 16 21
Slide 22: Expansion Strategy – Radio Business
Expansion Strategy – Radio Business VISION • To be the leading and most admired FM Radio network in non-metro cities by enriching the lives of our listeners and business associates by following the guiding principles of management philosophy. MISSION • To become an indispensable part of the lives of
Slide 23: Growth Opportunities - Radio
Growth Opportunities - Radio Introduction: • Launched in 2006, MY FM operates from 17 stations in 7 states Phase 3 Radio Auctions: • Acquired 13 new frequencies • Consolidating presence in line with strategy to be market leader in “Unmetro” geographies with strong DBCL presence • Expected roll out i
Slide 24: Innovative & Unique Programing of Content with Consumer Centric Approach
Innovative & Unique Programing of Content with Consumer Centric Approach: • Breakfast show consists of Newsmaker, First ever Editor‟s voice & Expert Analyst. centralized • Mid morning show for housewives, panel content team for experts and content breadth. 3 drivers shows: • Reverse Driver show for
Slide 25: Delivering Consistent & Largest Growth in Radio
Delivering Consistent & Largest Growth in Radio Total Revenue (Rs. mn) 960 1076 672 801 555 268 298 2011 - 12 2012 - 13 2013 - 14 2014 - 15 2015 - 16 Q4 FY 2014 - Q4 FY 2015 - 15 16 EBITDA Revenue (Rs.mn) & its Margin (%) 393 400 318 220 41% 37% 124 40% 120 115 33% 22% 45% 39% 2011 - 12 2012 - 13 20
Slide 26: Robust Growth in Profits
Robust Growth in Profits Strong Focus on ROCE & RONW Low Debt Exposure High Net worth & Strong Balance Sheet a DB Corp Lid &fAes erewz > fas ererdt EF coc i aa 26
Slide 27: Proven Track Record of Topline & Bottom Line Growth
Proven Track Record of Topline & Bottom Line Growth Total Revenue (Rs. mn) Advertisement Revenue (Rs. mn) 20353 20800 15166 14812 11281 14755 9610 7256 3530 5330 2005 -06 2008 -09 2011- 12 2014-15 2015-16 2005 -06 2008 -09 2011- 12 2014-15 2015-16 EBITDA Revenue (Rs. mn) & its Margin (%) PAT (Rs. mn
Slide 28: Healthy Operating Profit In Our Mature Market
Healthy Operating Profit In Our Mature Market Rs MN Q4 (FY14-15) Q4 (FY15-16) Annual (FY 14-15) Annual (FY 15-16) Particulars Emerging Emerging Emerging Emerging Matured DBCL Matured DBCL Matured DBCL Matured DBCL Business Business Business Business Topline 4112 488 4952 4369 477 5264 16417 2666 203
Slide 29: Focused on Balance Sheet & Distribution of Profits
Focused on Balance Sheet & Distribution of Profits Return on Capital Employed Return on Net Worth 34.5% 34.5% 30.9% 26.9% 24.6% 26.7% 28.1% 22.0% 21.4% 22.1% 2011-12 2012-13 2013-14 2014-15 2015-16 2011-12 2012-13 2013-14 2014-15 2015-16 Earning Per Share Dividend Per Share 11.00 16.72 17.23 16.15 7
Slide 30: Financial Summary
Financial Summary Year Ended Quarter Ended Particulars (INR million) 13-Mar 14-Mar 15-Mar 16-Mar Q4 FY15 Q4 FY16 Growth % Advertising Income 12075 14178 15166 14812 3543 3600 1.60% Circulation Revenue 2823 3235 3755 4356 985 1136 15.30% Total Income 16137 18836 20353 20800 4953 5265 6.30% Newsprint
Slide 31: Board Of Directors
Board Of Directors Ramesh Chandra Agarwal Over five decades of experience. Serving as Chairman of FICCI of the MP region Chairman Included in India Today‟s list of 50 Most Powerful Persons in India Sudhir Agarwal 27 years of experience in the publishing and newspaper business Managing Director
Slide 32: For more information, please visit our website www.bhaskarnet.com
For more information, please visit our website www.bhaskarnet.com 32