Jagran Prakashan Limited · NSE:JAGRAN
Jagran Prakashan — Q1 FY2022 Earnings Presentation
27 slides from Jagran Prakashan's earnings presentation, Aug 13, 2021
Slide 1: Intimation to Stock Exchange covering letter
THE W ORLD'S LA RGEST READ DAILY Jagran August 13, 2021 To, Manager-CRD, BSE Ltd., Scrip Code: 532705 Phiroze Jeejeebhoy Towers, lSINNo.: INE199G01027 Dalal Street, Mumbai-400001 Listing Manager, National Stock Exchange of India Ltd., Symbol: JAGRAN 'Exchange Plaza', Bandra Kurla Complex, ISINNo.: I
Slide 2: Jagran Prakashan Limited Q1FY22 Result Presentation
Jagran Prakashan Limited Q1FY22 Result Q1FY17Presentation Result Presentation 1
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Jagran Prakashan Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any secu
Slide 4: Comment from Chairman and Managing Director
Comment from Chairman and Managing Director “Results are satisfactory keeping in view the continued week end lockdown and other similar restrictions. However, the growth numbers do not excite as the base was low. With increase in vaccination and hope that the country will have sufficient number of v
Slide 5: Group Key Highlights
Group Key Highlights 35% YoY Revenue growth Higher Volume Growth Registers YoY growth with Rebound in Operations inspite of COVID-19 2nd wave than Industry improved profitability • Circulation and Ad • Maintained its leadership • Continues to expand • Bounced back to revenue grew 15% and reach and f
Slide 6: Business Performance
Business Performance Due to Covid-19, the figures do not represent normal quarter/operations and are not strictly comparable with last year or preceding quarter 5
Slide 7: Dainik Jagran – Operating Highlights
Dainik Jagran – Operating Highlights OPERATING REVENUE OPERATING PROFIT +34% -43% 22.7% 41.0% 28.6% 13.0% 274 277 113 196 187 79 Dainik Jagran continued to be profitable despite 140 the challenging circumstances posed by the 2nd 44 wave of Covid 24 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 -6 Q1FY21 Q2FY21
Slide 8: Print Business Performance
Print Business Performance ADVERTISMENT REVENUE CIRCULATION REVENUE +57% +14% Circulation yield improvement across all 239 87 235 84 84 brands 74 79 154 135 86 Circulation of certain editions was higher despite taking price increases Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1F
Slide 9: Cost Savings have helped operating margins
Cost Savings have helped operating margins Cost of Raw Material Other Expense 180 176 164 160 162 158 156 +7% 158 13 140 143 29 123 38 +37% 97 84 89 82 81 151 68 72 71 60 127 102 Q4FY19 Q1FY20 Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q4FY19^ Q1FY20 Q2FY20 Q3FY20 Q4FY20* Q1FY21 Q2FY21
Slide 10: MBL: Operating Performance
MBL: Operating Performance OPERATING REVENUE OPERATING PROFIT^ +46% 43% of the total clients on YoY 71% growth in volumes 41 42 9 the Radio platform advertised for Q1 FY22 on Radio City Highest in the Industry 5 30 37% of New clients on Radio 0 Integration of Digital and Radio platform advertised on
Slide 11: Digital Business Performance
Digital Business Performance OPERATING REVENUE OPERATING PROFIT +34% Jagran.com consolidates it 14 4 13 13 leadership position by 12 Recognized as “India’s Best clocking a reach of 86 Mn Place to work in Media” and 9 unique visitors, 471 Mn 2 “Great Place to Work” for 1 Page Views with 622 Mn the ye
Slide 12: Outdoor and Events Business Performance
Outdoor and Events Business Performance OPERATING REVENUE OPERATING PROFIT Bounced back to normal level of revenues +413% in April ’21 inspite of lockdown / 24 1 restrictions due to 2nd wave of COVID-19 20 15 10 -2 -2 -2 3 -4 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Even
Slide 13: Mid-Day Operating Performance
Mid-Day Operating Performance* ADVERTISMENT REVENUE CIRCULATION REVENUE +165% +211% Digital Strategy has started to show results 8 3 3 7 3 especially in terms of Advertisement Revenue 2 4 4 1 2 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Halved the cash losses inspite of 2nd wave of Q1 FY21 Q2 FY21 Q3FY21 Q4
Slide 14: Other Publications Operating Performance
Other Publications Operating Performance ADVERTISMENT REVENUE CIRCULATION REVENUE +56% +40% 39 15 34 14 13 29 12 22 9 14 Q1 FY21 Q2 FY21 Q3 FY21 Q4FY21 Q1FY22 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Nai Dunia and Punjabi Jagran have contributed positively OPERATING PROFIT PROFIT BEFORE TAX 12 9 5 1 2 -2
Slide 15: Financial Performance
Financial Performance Due to Covid-19, the figures do not represent normal quarter/operations and are not strictly comparable with last year or preceding quarter 14
Slide 16: Distribution to Shareholders
Distribution to Shareholders Dividend Paid Buyback Total Distribution to Shareholders 125 351 458 112 107 302 415 230 105 102 102 FY18 FY19 FY20 FY18 FY19 FY20 FY21* FY18 FY19 FY20 FY21* Distributed ~ Rs. 860 crores through Distributed ~ Rs. 1,205 crores in form of Distributed ~ Rs. 345 crores as di
Slide 17: Mid-day Financial Performance
Mid-day Financial Performance Particulars (Rs. in Crs) Q1FY22 Q4FY21 Q1FY21 Operating Revenue 7.67 10.24 2.69 Advertisement 4.49 7.08 1.69 Circulation 2.81 2.77 0.90 Other Operating Income 0.37 0.39 0.10 Expenses 12.22 11.36 10.79 Operating Profit -4.55 -1.12 -8.10 Operating Profit Margin -59.32% -1
Slide 18: MBL Financial Performance
MBL Financial Performance Particulars (Rs. in Crs) Q1FY22 Q4FY21 Q1FY21 Operating Revenue 20.48 42.48 14.36 Expenses 33.68 39.58 29.61 Operating Profit -13.21 2.90 -15.25 Operating Profit Margin -64.50% 6.82% -106.20% Other Income 3.88 2.26 4.73 Depreciation 8.19 8.21 8.51 Interest 0.68 0.73 0.70 Pr
Slide 19: Operating Margin Break-up
Operating Margin Break-up Particulars (Rs. in Crs) Q1FY22 Q4FY21 Q1FY21 Dainik Jagran* Operating Revenue 187.19 277.34 140.07 Operating Profit 24.31 79.39 -5.99 Operating Margin 12.99% 28.63% -4.28% Other Publications* Operating Revenue 35.9 50.52 25.09 Operating Profit -4.48 5.91 -10.68 Operating M
Slide 20: Consolidated Profitability Statement
Consolidated Profitability Statement Particulars (Rs. in Crs) Q1FY22 Q1FY21 YoY Q4FY21 QoQ FY21 FY20 YoY Revenues 270.3 191.1 42% 406.4 -30% 1,289.2 2,097.3 -39% Advertisement Revenue * 165.6 74.0 289.5 886.0 1,521.3 Circulation Revenue 84.4 316.1 87.1 324.8 422.3 Others 20.3 8.3 29.8 78.5 153.7 Lic
Slide 21: Group Introduction
Group Introduction Group Introduction
Slide 22: Value Proposition
Value Proposition PRINT RADIO DIGITAL Print Non Print FASTEST growing RIGHT mix of stability Undisputed LEADER: Strong GROWTH media: and scalability: ✓ Dainik Jagran leads the IRS 2019 Potential: ✓ Continued the profitability ✓ Increase in cover prices for all Q4 rankings with a total momentum from
Slide 23: Jagran Today
Jagran Today Print Digital Radio Jagran Prakashan Limited holds 73.21% of Music Broadcast Limited Activation OOH (RadioCity) 22
Slide 24: Multi Media Conglomerate – Width, Depth and Heritage
Multi Media Conglomerate – Width, Depth and Heritage Two #1* Print India’s Largest* 86+ mn* Dailies, Dainik Jagran Readers (Hindi) and Inquilab read daily- Dainik (Urdu) Jagran Amongst Top 10 News / Information 10 Category Publications 15 Digital Media Portals 5 Business Verticals Leading website Tr
Slide 25: Brand Strength – Stability, Consistency and Trust
Brand Strength – Stability, Consistency and Trust PRINT BUSINESS DIGITAL BUSINESS RADIO BUSINESS jagran.com 24
Slide 26: Awards & Certifications
Awards & Certifications Recognizing Group’s leadership position in different fields of operations, various distinguished bodies have bestowed 14 Awards upon the Group during the Quarter Dainik Jagran won 5 Karpoor Chandra Kulish International Award Awards Jagran IT Team won 4 Global Media Awards, IN
Slide 27: Contact Us
Contact Us Jagran Prakashan Ltd. Strategic Growth Advisors Pvt. Ltd. CIN: L22219UP1975PLC004147 CIN: U74140MH2010PTC204285 Mr. Amit Jaiswal Ms. Jigar Kavaiya amitjaiswal@jagran.com Contact: +91 9920602034, Email: jigar.kavaiya@sgapl.net www.sgapl.net www.jplcorp.in