Saregama India Limited · NSE:SAREGAMA
Saregama India — Q4 FY22 Earnings Presentation
21 slides from Saregama India's earnings presentation
Slide 1: Saregama India Limited Quarterly Presentation Q4 FY22
Super Sharanya Sarkaru Vaari Paata SAREGAMA INDIA LIMITED | QUARTERLY PRESENTATION | Q4 FY22
Slide 2: Saregama Strengths
SAREGAMA STRENGTHS India’s only entertainment company with IP offerings across media channels (music, film, web series AND TV serials), delivery platforms (physical and digital) and business models (licensing and retail) Large intellectual property portfolio of 142K+ songs, 64 films, 1 web-series, 6
Slide 3: Strategic Overview: Digitisation Driving Growth
STRATEGIC OVERVIEW Digitisation Driving Growth Increase in Digital Increase Demand for Boom in India in App Usage Content Video/Music Streaming Netflix / Spotify / Gaana Social Media Music YouTube / Facebook Films ~700M smart phones Video Sharing driving driving Web Series Cheap Data Instagram/ Tik
Slide 4: Strategic Overview
STRATEGIC OVERVIEW To be a Pure Play Content Company capitalising on the global content consumption boom driven by the ever-increasing Digitisation Through licensing to EVERY 3rd party Digital (music, video, social) and TV platform. Monetisation of Existing IP Carvaan transitioning from being a Prod
Slide 5: Saregama Wants to Take Market Leadership Position in Indian Music
SAREGAMA WANTS TO TAKE MARKET LEADERSHIP POSITION IN INDIAN MUSIC Disproportionate Acquisition of share of New Content across Hindi & + Small & Mid size Music Catalogues to plug in the Content Gaps of last 25 years + Artiste Management Live Events Regional Languages Catalogue Strength
Slide 6: Saregama Music IP: Fast Growing Licensing Revenue
SAREGAMA MUSIC IP Licensing Revenue (INR Mn) Fast Growing FY22 FY21 2,839 * 3,585 * Licensing Revenue FY20 FY19 1,949 2,361 * FY18 1,478 * One time income of INR 97 Mn (FY22), 155 Mn (FY21) and INR 21 Mn (FY20) are excluded On account of A. Saregama’s Focus on New Music B. Growing customer interest
Slide 7: Our Music Licensing Partners
OUR MUSIC LICENSING PARTNERS Music Streaming Partners Broadcasting Partners Video Streaming Partners v v v Social Media Platforms Brands 7
Slide 8: Operational Highlights
OPERATIONAL HIGHLIGHTS 8
Slide 9: Music Segment Operational Highlights
MUSIC SEGMENT OPERATIONAL HIGHLIGHTS Licensing: YOUTUBE VIEWS (Bn) PER QUARTER • Music licenses to following brands: Google, Johnson & Johnson, Marico, Colgate, etc. 36 • Digital Content Licenses: 32 33 32 30 Chandan sa badan (Amazon Prime), Un Azhagai Kandukondaal (Sony Liv) etc. 26 • Film Sync Lic
Slide 10: Music Segment Operational Highlights: Retail Carvaan
MUSIC SEGMENT OPERATIONAL HIGHLIGHTS Retail: Carvaan Sales (units ‘000s) • In spite of 3rd wave of Covid impact felt during first fortnight of Jan’22, 138 141 Carvaan sales picked up. 110 112 103 • Supply situation improving, but chip shortage still a reality 2nd Wave Lockdown 45 Q3-FY21 Q4-FY21 Q1-
Slide 11: Films, Web Series & TV Segment Operational Highlights
FILMS, WEB SERIES & TV SEGMENT OPERATIONAL HIGHLIGHTS Films and Web Series Future Outlook • Two more Yoodlee films ‘Zombivili’ and • Web Series ‘ Invisible Women’ ‘Habbadi’ licenced to Zee 5 and Netflix in Q4. starring Suniel Shetty expected to release in Q1 FY23 • Licenced its 1st Web Series ‘ Mind
Slide 12: Financial Highlights Consolidated
FINANCIAL HIGHLIGHTS CONSOLIDATED 12
Slide 13: Quarterly Financial Summary
QUARTERLY FINANCIAL SUMMARY Particulars (INR Mn) Q4 FY22 Q3 FY22 Q-o-Q Growth Q4 FY21 Y-o-Y Growth Revenue from Operations • Music 1,271 1,333 (5)% 1,013 25% • TV & Films 525 156 237% 210 150% • Publication 6 14 (57)% 12 (50)% Revenue from Operations 1,802 1,503 20% 1,235 46% Operating Income before
Slide 14: OIBCID to PAT
OIBCID to PAT Q-o-Q Y-o-Y Y-o-Y Particulars (INR Mn) Q4-FY22 Q3-FY22 Q4-FY21 FY22 FY21 Growth Growth Growth Revenue from Operations (A) 1,802 1,503 20% 1,235 46% 5,806 4,420 31% Total Expenses (B) 1,158 874 33% 824 41% 3,576 2,969 20% OIBCID (C= A-B) 644 629 2% 411 57% 2,230 1,451 54% OIBCID Margin
Slide 15: Balance Sheet
BALANCE SHEET As at 31st As at 31st As at 31st As at 31st Equity and Liabilities (INR Mn) Assets (INR Mn) Mar’ 2022 Mar’ 2021 Mar’ 2022 Mar’ 2021 Shareholder's fund Non-current assets (a) Equity share capital 193 174 (a) Property, plant and equipment * 2,141 2,046 (b) Other equity* 13,584 4,884 (b)
Slide 16: Cash Flow Statement
CASH FLOW STATEMENT Particulars (INR Mn) FY 22 FY 21 Pre-Tax Profit 2,044 1,519 Change in other operating activities ( including non-cash Items) (139) (176) Change in Working capital (389) 692 Taxes Paid (572) (139) Net cash generated from Operating Activities (A) 944 1,896 Redemption/(Investment) i
Slide 17: Financial Highlights Standalone
FINANCIAL HIGHLIGHTS STANDALONE 17
Slide 18: Financial Performance
FINANCIAL PERFORMANCE Q-o-Q Y-o-Y Y-o-Y Particulars (INR Mn) Q4-FY22 Q3-FY22 Q4-FY21 FY 22 FY 21 Growth Growth Growth Turnover 1,774 1,466 21% 1,210 47% 5,683 4,343 31% Other Income 172 82 110% 173 (1)% 334 290 15% Total Revenue 1,946 1,548 26% 1,383 41% 6,017 4,633 30% Total Expenses 1,254 935 34%
Slide 19: Balance Sheet
BALANCE SHEET As at 31st As at 31st As at 31st As at 31st Equity and Liabilities (INR Mn) Assets (INR Mn) March 2022 March 2021 March 2022 March 2021 Shareholder's fund Non-current assets 193 174 (a) Property, plant and equipment* 2,140 2,045 (a) Equity share capital (b) Right-of-use assets 13 11 (b
Slide 20: Financial Charts (Consolidated)
FINANCIAL CHARTS (CONSOLIDATED) Revenue from Operations Music Licensing Revenue PAT (INR Mn) Diluted EPS (INR) (Turnover) (INR Mn) (INR Mn) 1,526 * 8.4 1,135 * 3,585 5,806 6.5 5,447 5,215 * 2,839 4,420 2,361 543 3,566 435 1,949 1.6 283 3.1 1,478 2.5 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22
Slide 21: Disclaimer
DISCLAIMER Saregama India Ltd. Disclaimer: No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in al