Slide 1: D B Corp Ltd. Investor Presentation
D B Corp Ltd. Investor Presentation June 2020 VALUES – Trendsetting | Result-oriented | Analytical | Connected 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) 1822 1674 1473 1157 1262 1026 2014 2015 2016 2017 2018 2019 • M&E industry size was Rs. 1822 bn in 2019, which grew by 9% over 2018. • Expected CAGR growth is 12% till 2021. Media Spend as % of GDP 0.88% 0.70% 0
Slide 4: Consistent Higher % Growth of Indian Language Newspapers
Consistent Higher % Growth of Indian Language Newspapers • Print is growing at an incredible 4.87% CAGR over a 10 year period from 2006 to 2016. • Absolute Hindi copies per day increased by 1.39 cr to 2.45 cr in 2016 from 1.06 cr copies in 2006. Hindi 8.76% Telgu 8.28% Kannada 6.40% Tamil 5.51% Mala
Slide 5: 'Dainik Bhaskar' Newspaper Is World's 3rd Largest Circulated Newspaper
‘Dainik Bhaskar’ Newspaper Is World’s 3rd Largest Circulated Newspaper WAN IFRA’s World Press Trends Reports: 2019 3rd Rank (4.3 mn copies) 2016 4th Rank (3.8 mn copies) Top 3 newspapers as per 2019 Reports: Growth/ 2019 2016 2019 Title Country (De- 2013 Rank Copies Copies growth) 1 The Yomiuri Shim
Slide 6: Headroom for Print Growth
Headroom for Print Growth 83 Cr 17 Cr Can Read Population Any Publication Source: IRS 2019 Q4 | Urban + Rural 66
Slide 7: Dainik Bhaskar Group is Largest Newspaper Group of India
Dainik Bhaskar Group is Largest Newspaper Group of India IRS 2019 Q4 AIR – U+R | Main + Variant Dainik Bhaskar Dainik Group Jagran Group Hindustan 20.3 Mn. Times Readers 19.8 Mn. Group Readers 16.4 Mn. Readers Dainik Bhaskar Group : Dainik Bhaskar (Main + Variant) | Divya Bhaskar (Main + Variant) |
Slide 8: Dainik Bhaskar continues to be Urban India's #1 Newspaper in NCCS-A and NCCS-AB segment
Dainik Bhaskar continues to be Urban India’s #1 Newspaper in NCCS-A and NCCS-AB segment NCCS A NCCS AB 5.39 7.96 6.27 5.10 4.60 4.58 Dainik The Times Dainik Dainik Dainik The Times Bhaskar of India Jagran Bhaskar Jagran of India Source : IRS 2019 Q4 | AIR – URBAN | Main + Variant Source: IRS 2017 AI
Slide 9: Dainik Bhaskar maintains its position as #1 Newspaper of India Jul-Dec'19
Dainik Bhaskar maintains its position as #1 Newspaper of India Jul- Dec’ 19 No. of copies: Main + Variant | in lakhs 50 0.2% 45.7 45.8 40 5.6% 36.1 34.2 30 9.1% 2.1% 28.8 26.4 10.8% 20 23.5 23 22.6 20.4 10 0 Dainik Bhaskar(Hindi) Dainik Jagran(Hindi) The Times of Malayala Amar Ujala(Hindi) India(Eng
Slide 10: Key Findings Readership & Circulation
Key Findings Readership & Circulation • Dainik Bhaskar featured as the only Indian newspaper in the World’s Top 3 most circulated newspapers, in 2019, as per WAN IFRA World Press Trends Report 2019. The Other 2 newspapers are Yomiuri Shimbun and The Asahi Shimbun from Japan with 8.1 and 5.6 million
Slide 11: Key Findings Readership (IRS) & Circulation (ABC)
Key Findings Readership (IRS) & Circulation (ABC) ✓ Dainik Bhaskar continues to hold an unwavering leadership position in its two key markets i.e. Madhya Pradesh & Rajasthan; Source: IRS 2019 Q4 (AIR – U + R | Main + Variant) ✓ In Rajasthan, Dainik Bhaskar becomes the No.1 Newspaper with greater dom
Slide 12: DB Corp Markets
DB Corp Markets Madhya Pradesh Dominant Chhattisgarh Dominant Haryana Dominant Chandigarh Dominant Dual Leadership as per Readership and Circulation in all Rajasthan possible metrics Leader in Ahmedabad Gujarat Close No.2 in top 6 cities of Gujarat Now Close No.1 (with a gap of 16%) Bihar Further in
Slide 13: D B Corp Ltd - The Largest Print Media Company In India
D B Corp Ltd - The Largest Print Media Company In India Major Business Brands Hindi Newspaper 11 States, 46 Editions Gujarati Newspaper 2 States, 9 Editions Marathi Newspaper 1 State, 6 Editions FM Radio Network 7 States, 30 Stations Digital & Mobile 8 Portals & 4 Apps 13 13
Slide 14: Current Focus - Editorial Direction
Current Focus - Editorial Direction DBCL’s innovative initiatives aims at delivering contemporary, relevant and knowledge-focused stories to augment the connect with audiences: • DBCL is extending its editorial philosophy of Reader-Centric (Kendra Mein Pathak) to Knowledge & Ideation approach, ‘Har
Slide 15: CSR Initiatives – FY 20
CSR Initiatives – FY 20 Dene Ka Sukh Sarthak Diwali • Campaign revolves • Celebrating since 2015 to around helping share joy of Diwali with underprivileged people. the underprivileged. • Dainik Bhaskar requested • This year, Dainik Bhaskar its readers to carry extra encouraged people to gift food to
Slide 16: Radio Business
Radio Business ➢ Launched in 2006, 94.3 MY FM operates from 30 stations in 7 states ➢ 94.3 MY FM continues to be no.1. in markets of Madhya Pradesh, Chhattisgarh and Rajasthan and largest network in Chandigarh, Punjab and Haryana. ➢ Radio Phase 3 stations become profitable: Turned EBIDTA positive, f
Slide 17: Radio Snapshot
Radio Snapshot Total Revenue (Rs. mn) 1549 1354 1391 1273 1076 960 801 FY FY FY FY FY FY FY 2014 2015 2016 2017 2018 2019 2020 EBIDTA (Rs.mn) & its Margin (%) 525 478 431 393 400 362 318 FY FY FY FY FY FY FY 2014 2015 2016 2017 2018 2019 2020 17 17
Slide 18: Robust Growth in Profits
Robust Growth in Profits Strong Focus on ROCE & RONW Low Debt Exposure High Net worth & Strong Balance Sheet c 6 8 @ o- DB Corplid | @Memez Reionse diet EY com &) 18
Slide 19: Proven Track Record of Topline & Bottom Line Growth
Proven Track Record of Topline & Bottom Line Growth Total Revenue (Rs. mn) 10% 13 Yrs CAGR 24793 20800 22363 16137 10741 6820 FY 2007 FY 2010 FY 2013 FY 2016 FY 2019 FY 2020 Advertisement Revenue (Rs. mn) 9% 13 Yrs CAGR 17625 15640 12075 14812 8085 4882 FY 2007 FY 2010 FY 2013 FY 2016 FY 2019 FY 202
Slide 20: Growth… (contd.)
Proven Track Record of Topline & Bottom Line Growth… (contd.) EBIDTA (Rs. mn) 13.6% 13 Yrs CAGR 5627 5209 4940 3974 3541 946 FY 2007 FY 2010 FY 2013 FY 2016 FY 2019 FY 2020 PAT (Rs. mn) 13.3% 13 Yrs CAGR 2966 2738 2750 2181 1828 542 FY 2007 FY 2010 FY 2013 FY 2016 FY 2019 FY 2020 20 20
Slide 21: Growth… (contd.)
Proven Track Record of Topline & Bottom Line Growth… (contd.) Return on Capital Employed (%) Return on Net Worth 34% 33% 25% 24% 30% 21% 17% 20% 24% 22% 23% 15% FY FY FY FY FY FY FY FY FY FY FY FY 2015 2016 2017 2018 2019 2020 2015 2016 2017 2018 2019 2020 Earning Per Share (Rs.) Dividend Payout (wi
Slide 22: Financial Summary
Financial Summary Quarter Ended Year Ended Growth Growth Particulars (INR million) 17-Mar 18-Mar 19-Mar 20-Mar Q4 FY19 Q4 FY20 FY19 FY20 % % Advertising Income 15973 16416 17625 15640 4130 3303 -20.0% 17625 15640 -11.3% Circulation Revenue 4814 4981 5237 5122 1273 1200 -5.7% 5237 5122 -2.2% Total In
Slide 23: Board Of Directors
Board Of Directors Sudhir Agarwal ◼ 28 years of experience in the publishing and newspaper business Managing Director ◼ responsible for its long-term vision, business planning and performance monitoring Pawan Agarwal ◼ 14 years of experience in the publishing business Deputy Managing Director ◼ Head
Slide 24: For more information, please visit our website www.bhaskarnet.com
For more information, please visit our website www.bhaskarnet.com VALUES – Trendsetting | Result-oriented | Analytical | Connected 24