Slide 1: D B Corp Ltd. Investor Presentation
D B Corp Ltd. Investor Presentation April 2017 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 190 176 2011 163 73 2010 150 2015 2014 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 heal
Slide 6: Circulation Growth - Language Dailies Gain
Circulation Growth - Language Dailies Gain Languages January - January - CAGR % Contribution (Copies in June 2010 June 2015 for Lacs) (JJ 2010) (JJ 2015) 5 years JJ 2010 JJ 2015 250 6% Hindi 148.29 202.00 6% 29% 39% Malayalam 34.64 41.67 4% 7% 8% Tamil 33.53 41.41 4% 7% 8% Bengali 26.38 27.21 1% 5%
Slide 7: 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 12 States,40 Editions Gujarati Newspaper 2 States, 7 Editions Marathi Newspaper 1 State,7 Editions FM Radio Network 7 States, 28 Stations Digital & Mobile 13 Portals & 2 Apps 7
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 CONTENT STRATEGIES Thought Leadership Journalism- = “No Negative Knowledge enhancement for reader Monday” High Quality Reviews & Content + opinion by Jacket on eminent Sunday Product differentiation towards growth aut
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 – 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 14: Focused, Strong Brands For Growing Digital Audiences
Focused, Strong Brands For Growing Digital Audiences Dainikbha Fashion1 skar.com Divyabha 01.in skar.co.in Jeevanm Dailybhas antra.in kar.com Dbcric.co Divyamar m athi.com 13 Portals Bollywoo Food.bha skar.com 2 APPS dbhaskar. com Gadgets. Moneybh bhaskar.c askar.co om m Dainik Homeonli Bhaskar ne.c
Slide 15: Dainik Bhaskar Digital is India's 2nd Largest Digital Group
Dainik Bhaskar Digital is India‟s 2nd Largest Digital Group Comscore News & Information - November 2016 Unique Visitors (Mn) 89.1 100 80 60 33.4 33.1 32.7 31.8 40 20 0 Times Internet Bhaskar Group Sites Network 18 India Today Group NDTV Limited Page Views (Mn) 2800 3000 2000 1024 391 222 251 1000 0
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 - November 2016 Unique Visitors (Mn) Individual Sites 48.7 50 31.4 40 23.1 22.3 21.4 30 20 10 0 TOI.com Bhaskar.com Indianexpress.com NDTV.com Jagran.com Page Views (Mn) Individual Sites 1932
Slide 17: Gaining Traffic Traction
Gaining Traffic Traction Digital Media Unique Visitors (UV) has risen to 80 million* More than 8.5 mn app and Page Views (PV) to 2.6 downloads for Dainik billion* for the month of Bhaskar & Divya Bhaskar December‟16. Dainik Bhaskar - No. 1 Hindi Divya Bhaskar - No. 1 News website and also the Gujara
Slide 18: Audience targeting core part of digital strategy
Audience targeting core part of digital strategy Ensures optimal campaign success for advertisers Emphasis on targeting right user and delivering right message: phased and focused efforts to understand digital behavior, appropriately create relevant content, in-turn drives performance and generates
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) 460 425 340 305 163 162 123 108 68 30 2010 - 11 2011 - 12 2012 - 13 2013 - 14 2014 - 15 2015 - 16 Q3 FY Q3 FY YTD Dec YTD Dec 2015-16 2016-17 2015-16 2016-17 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, 94.3 MY FM operates from 28 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. Post Phase 3 Radio Auctions: • Consolidat
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 942 672 801 778 555 323 363 2011 - 12 2012 - 13 2013 - 14 2014 - 15 2015 - 16 Q3 FY 2015- Q3 FY 2016- YTD Dec YTD Dec 16 17 2015-16 2016-17 EBITDA Revenue (Rs.mn) & its Margin (%) 393 400 398 318 285 220 41% 37% 40% 148
Slide 26: Robust Growth in Profits
Robust Growth in Profits Strong Focus on ROCE & RONW Low Debt Exposure High Net worth & Strong Balance Sheet bad S eS DB Corp Lid | dfteurewz a fecéi ararct ey Ggoicrat *homeonlinecom ae &.
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) 20800 14812 15586 17528 14755 11281 11212 12406 3530 4356 4530 5330 5947 6309 2005 -06 2011- 12 2015-16 Q3 FY Q3 FY YTD Dec YTD Dec 2005 -06 2011- 12 2015-16 Q3 FY Q3 FY YTD Dec YTD Dec 2015-16
Slide 28: Healthy Operating Profit In Our Mature Market
Healthy Operating Profit In Our Mature Market Rs MN Q3 (FY15-16) Q3 (FY16-17) Annual (FY 14-15) Annual (FY 15-16) Particulars Emerging DBCL Emerging DBCL Emerging DBCL Emerging DBCL Matured Matured Matured Matured Business Standalone Business Standalone Business Standalone Business Standalone Toplin
Slide 29: Focused on Balance Sheet & Distribution of Profits
Focused on Balance Sheet & Distribution of Profits Return on Capital Employed Return on Net Worth 35.9% 26.9% 25.6% 34.5% 29.4% 28.1% 26.7% 22.0% 20.7% 19.5% 2011-12 2013-14 2015-16 Q3 FY Q3 FY 2015-16 2016-17 2011-12 2013-14 2015-16 Q3 FY Q3 FY 2015-16 2016-17 Earning Per Share Dividend Per Share 1
Slide 30: Financial Summary
Financial Summary Quarter Ended Half Year Ended Particulars (INR million) 14-Mar 15-Mar 16-Mar Q3 FY16 Q3 FY17 Growth % 9M FY16 9M FY17 Growth % Advertising Income 14178 15166 14812 4356 4530 4% 11212 12406 11% Circulation Revenue 3235 3755 4356 1141 1243 9% 3220 3597 12% Total Income 18836 20353 20
Slide 31: Board Of Directors
Board Of Directors Sudhir Agarwal 27 years of experience in the publishing and newspaper business Managing Director responsible for its long-term vision, business planning and performance monitoring Pawan Agarwal 13 years of experience in the publishing business Deputy Managing Director Head
Slide 32: For more information, please visit our website www.bhaskarnet.com
For more information, please visit our website www.bhaskarnet.com 32