Slide 1: D B Corp Ltd. Investor Presentation
D B Corp Ltd. Investor Presentation August 2018 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) 1473 1262 1157 1026 918 821 2012 2013 2014 2015 2016 2017 • M&E industry size was Rs. 1473 bn in 2017, which grew by 17% over 2016. • Expected CAGR growth is 11% till 2020. Media Spend as % of GDP 0.97% 0.76% 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: Insights – Indian Readership Survey 2017
Insights – Indian Readership Survey 2017 Readership Base Expands Figs in Crores (12+ Years) % CHANGE Dailies‟ Readership IRS 2014 IRS 2017 VS „14 Last 1 month 27.6 38.5 40% Upto 7 days 24.3 30.6 26% Upto 3 days 20.8 24.1 16% Base: All languages, All India (U+R), 12+ Years Source: MRUC Website - http
Slide 6: Readership Base Expands Across Demographic Age Groups
Readership Base Expands Across Demographic Age Groups 12 Years+ 12 – 15 YRS 16 – 19 YRS 20 – 29 YRS 30 – 39 YRS 40 – 49 YRS 50+ YRS 2014 2017 2014 2017 2014 2017 2014 2017 2014 2017 2014 2017 Dailies (hard copy) Read 28% 42% 38% 50% 34% 42% 30% 38% 29% 37% 26% 30% in Last 1 Month Note: respective NC
Slide 7: Headroom for Print Growth
Headroom for Print Growth 31 cr 11 cr Urban Can Read Pop Any Publication Source : IRS 2017 Source: IRS 2017 AIR-URBAN | Excluding Financial Dailies 7
Slide 8: Urban India's #1 Newspaper Group
Dainik Bhaskar Group is Urban India‟s #1 Newspaper Group Dainik Bhaskar The Group Times Dainik of India Jagran 12.6 Mn. Group Group Readers 11.9 Mn. 11.2 Mn. Readers Readers Dainik Bhaskar Group : Dainik Bhaskar | Divya Bhaskar | Divya Marathi | Saurashtra Samachar The Times of India Group: The Time
Slide 9: DB Corp Markets
DB Corp Markets Madhya Pradesh Dominant Chhattisgarh Dominant Haryana Dominant Chandigarh Dominant Dominant in Jaipur Rajasthan At par in overall Rajasthan now Investing to attain overall leadership Leader in Ahmedabad Gujarat Close No.2 overall Started investing last year Bihar Now Close No.2 Furth
Slide 10: And the outcome is…
And the outcome is… As per Bihar Readership Survey, 2018 by Hansa Research – Dainik Bhaskar ranks No. 2 in Bihar with 9.11 lakhs readers (AIR) Dainik Bhaskar ranks No. 1 in Patna with 5.07 lakhs readers (AIR) Hindustan Dainik Bhaskar Dainik 9.98 lakhs Jagran 9.11 Readers lakhs Readers 9.09 lakhs
Slide 11: Key Findings of Bihar Readership Survey
Key Findings of Bihar Readership Survey • Dainik Bhaskar is No. 2 newspaper with 9.11 lakh readers, with a marginal gap of 9.5%. • Readership profile: In terms of profile of readers Dainik Bhaskar attracts 72% affluent NCCS AB readers Daink Bhaskar is preferred by a more matured readership profi
Slide 12: 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 9 Portals & 4 Apps 12
Slide 13: Current Focus - Editorial Direction
Current Focus - Editorial Direction I II Knowledge Content to Kendra Mein Pathak enrich the reader III IV Idea based Journalism Differentiator 13
Slide 14: Why is our Editorial Superior?
Why is our Editorial Superior? Over the last year, we have invested in: NNR : National News Room – We have a dedicated robust structure which churns out national-international News of the Day after thoroughly passing through Knowledge sieve. NNR produces value-packed Business, Sports, Desh-Vides
Slide 15: Circulation Strategy – Proven Track Record
Circulation Strategy – Proven Track Record 1. 13% CAGR Growth: For 5 years, from FY 2012-13 to FY 2017-18 is 13% largely driven by yield in our core legacy markets. 2. Dainik Bhaskar newspaper continues to be the Nation‟s Largest Circulated Multi- Edition Daily as per Press In India Report 2016-17 p
Slide 16: Digital Business
Digital Business Indian Language Internet Users are the PRESENT and the FUTURE ● The next wave of 200 Million internet users will be Indian language users ● 60% of the Indian Language internet users are Hindi ● Indian Mobile Internet Users form 90% of the Indian internet users *Source: Indian Langua
Slide 17: Focused, Strong Brands For Digital Audiences
Focused, Strong Brands For Digital Audiences Dainikbhas Jeevanma kar.com Divyabhas ntra.in kar.co.in Dbpost.co Divyamara m thi.com bhaskared Bollywood ucation.co m 9 Portals bhaskar.co m 4 APPS Homeonlin Moneybha e.com skar.com Dainik FirstWall Bhaskar APP Mobile Dainik Divya APP Bhaskar Bhaskar Epa
Slide 18: Digital Snapshot
Digital Snapshot • Digital Revenue (Rs. mn) 529 460 161 121 126 57 FY 2012 FY 2014 FY 2016 FY 2018 Q1 FY 2018 Q1 FY 2019 • www.bhaskar.com - No. 1 Hindi News1 website • www.divyabhaskar.com - No. 1 Gujarati News1 website. • Has re-launched itself as the global destination for Gujarati content with a
Slide 19: 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. Consolidating presence in line with strategy to be market leader in
Slide 20: Key Achievement during Q1 FY 2019
Key Achievement during Q1 FY 2019 PHASE 3 STATIONS ACTIVATIONS turn profitable on the back Engaging with audiences of growing popularity and for stronger connect - prudent cost controlling Undertaken more than 95 initiatives activities. MUSIC played highest number of songs in terms of numbers & tota
Slide 21: Radio Snapshot
Radio Snapshot Total Revenue (Rs. mn) 1358 1076 801 555 311 317 FY 2012 FY 2014 FY 2016 FY 2018 Q1 Q1 FY 2018 FY 2019 EBIDTA Revenue (Rs.mn) & its Margin (%) 400 318 362 124 37% 27% 71 40% 56 22% 18% 22% FY 2012 FY 2014 FY 2016 FY 2018 Q1 Q1 FY 2018 FY 2019 21
Slide 22: 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 &. 22
Slide 23: Growth… (contd.)
Proven Track Record of Topline & Bottom Line Growth… (contd.) Advertisement Revenue (Rs. mn) 16425 14178 14812 11281 8085 6490 4334 4549 FY 2008 FY 2010 FY 2012 FY 2014 FY 2016 FY 2018 Q1 Q1 FY 2018 FY 2019 Total Revenue (Rs. mn) 23522 18836 20800 14755 10741 8743 5997 6392 FY 2008 FY 2010 FY 2012 F
Slide 24: Proven Track Record of Topline & Bottom Line Growth
Proven Track Record of Topline & Bottom Line Growth EBIDTA Revenue (Rs. mn) & its Margin (%) 5627 5875 5241 3541 3604 1829 27% 1933 1749 24% 28% 25% 33% 21% FY 2008 FY 2010 FY 2012 FY 2014 FY 2016 FY 2018 Q1 Q1 FY 2018 FY 2019 PAT (Rs. mn) & its Margin (%) 3066 2966 3240 1828 2021 1101 976 751 14% 1
Slide 25: Healthy Operating Profit In Our Mature Market
Healthy Operating Profit In Our Mature Market Rs MN Q1 (FY17-18) Q1 (FY18-19) Annual (FY 16-17) Annual (FY 17-18) Particulars Matured Matured Matured Matured Print / Emerging DBCL Print / Emerging DBCL Print / Emerging DBCL Print / Emerging DBCL Radio / Business* Standalone Radio / Business* Standal
Slide 26: Strong Balance Sheet & Financial Ratios
Strong Balance Sheet & Financial Ratios Return on Capital Employed 35% 34% 30% 33% 32% 28% 27% 24% FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 Q1 Q1 FY 2018 FY 2019 Return on Net Worth 27% 25% 21% 21% 24% 22% 19% 17% FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 Q1 Q1 FY 2018 FY 2019 26
Slide 27: Financial Summary
Financial Summary Quarter Ended Particulars (INR million) 16-Mar 17-Mar 18-Mar Q1 FY18 Q1 FY19 Growth % Advertising Income 14812 15973 16416 4334 4549 5.0% Circulation Revenue 4356 4814 4981 1220 1345 10.3% Total Income 20735 22750 23349 5997 6392 6.6% Newsprint (6186) (6609) (7307) (1708) (2181) 27
Slide 28: 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 29: 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 29