Saregama India Limited · NSE:SAREGAMA
Saregama India — Q3 FY22 Earnings Presentation
22 slides from Saregama India's earnings presentation
Slide 1: Saregama India Limited Quarterly Presentation Q3 FY22
TELUGU M A L AYA L A M PUNJABI HINDI BHOJPURI SAREGAMA INDIA LIMITED | QUARTERLY PRESENTATION | Q3 FY22
Slide 2: Saregama Strengths
Saregama Strengths India’s only entertainment company with IP offerings across media channels (music, film, TV and print), delivery platforms (physical and digital) and business models (licensing and retail) Large intellectual property portfolio of 130K+ songs, 62 films and 6K+ hours of TV content S
Slide 3: Strategic Overview
Strategic Overview D I G I T I S AT I O N D R I V I N G G R O W T H Digital Increase Increase in Demand for Boom in India in App Usage Content Video/Music Streaming Netflix / Spotify / Gaana Social Media Music YouTube / Facebook Films ~700M smart phones driving Video Sharing driving Games Cheap Data
Slide 4: Strategic Overview
Strategic Overview To be a Pure Play Content Company capitalizing on the global content consumption boom driven by the ever-increasing Digitization 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 Strategic Acquisitions + + share of to help New Content Plug the Content Artiste Management across Hindi & Gaps of last 25 years Regional Languages and strengthen our new content play Catalogue Strength 5
Slide 6: Fast Growing Saregama Music IP Licensing Revenue
Saregama Music IP Licensing Revenue (INR Mn) Fast Growing FY21 FY20 2,361 * 2,839 * Licensing Revenue FY19 FY18 1,478 1,949 FY17 1,388 * One time income of INR 155 Mn (FY21) and INR 21 Mn (FY20) are excluded On account of A. Saregama’s Focus on New Music B. Growing customer interest in Retro Music C
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 (BILLIONS) PER QUARTER • Music licenses to following brands: Nestle, Amazon, PhonePe, Vivo, Himalaya etc. • Digital Content Licenses: 32 33 30 32 Mere Jeevan Saathi (Balaji Telefilms), Leke Pahela Pahela Pyar (Endemol) etc. 24 26 • Signed
Slide 10: Music Segment Operational Highlights: Retail
Music Segment Operational Highlights Retail: Carvaan Sales (units ‘000s) • Carvaan sales improved during the quarter in sync with festive season 138 141 • Covid impact was felt only during last week of Dec 2nd Wave 110 Lockdown • Supply situation improving, but chip shortage still a reality 103 81 •
Slide 11: Films, Web Series & TV Segment Operational Highlights
Films, Web Series & TV Segment Operational Highlights Films and Web Series Future Outlook • Completing shoot of 2 Web Series. Licensing deals closed. Delivery expected over next 4 mos • Marathi Movie Zombivli expected to be released • Announced our next Hindi web series “The in Q4 Biscuit King” base
Slide 12: Financial Highlights Consolidated
FINANCIAL HIGHLIGHTS CONSOLIDATED 12
Slide 13: Quarterly Financial Summary
Quarterly Financial Summary Particulars (INR Mn) Q3 FY22 Q2 FY22 Q-o-Q Growth Q3 FY21 Y-o-Y Growth Revenue from Operations • Music 1,333 1,216 10% 1,142 17% • TV & Films 156 223 (30)% 186 (16)% • Publication 14 12 17% 11 27% Revenue from Operations 1,503 1,451 4% 1,339 12% Operating Income before Co
Slide 14: OIBCID to PAT
OIBCID to PAT Q-o-Q Y-o-Y Y-o-Y Particulars (INR Mn) Q3-FY22 Q2-FY22 Q3-FY21 9M-FY 22 9M-FY 21 Growth Growth Growth Revenue from Operations (A) 1,503 1,451 4% 1,339 12% 4,004 3,185 26% Total Expenses (B) 874 916 (5)% 903 (3)% 2,419 2,146 13% OIBCID (C= A-B) 629 535 18% 436 44% 1,585 1,039 53% OIBCID
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) Dec’ 2021 March’ 2021 Dec’ 2021 March’ 2021 Shareholder's fund Non-current assets (a) Equity share capital 193 174 (a) Property, plant and equipment * 2,140 2,046 (b) Other equity* 13,862 4,884
Slide 16: Cash Flow Statement
Cash Flow Statement Particulars (INR Mn) 9M-FY22 FY 21 Pre-Tax Profit 1,401 1,519 Change in other operating activities ( including non-cash Items) (19) (176) Change in Working capital (249) 692 Taxes Paid (362) (139) Net cash generated from Operating Activities (A) 771 1,896 Redemption/(Investment)
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) Q3-FY22 Q2-FY22 Q3-FY21 9M-FY 22 9M-FY 21 Growth Growth Growth Turnover 1,466 1,421 3% 1,312 12% 3,909 3,132 25% Other Income 82 52 58% 34 141% 162 118 37% Total Revenue 1,548 1,473 5% 1,346 15% 4,071 3,250 25% Total Expenses 935 984 (5)%
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) Dec’ 2021 March 2021 Dec’ 2021 March 2021 Shareholder's fund Non-current assets (a) Property, plant and equipment* 2,138 2,045 (a) Equity share capital 193 174 (b) Right-of-use assets 14 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) * 65.0 1,135 2,839 * 5,447 5,215 2,361 4,420 543 1,949 435 3,566 31.2 283 1,478 1,388 25.3 2,185 5.0 16.2 86 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 F
Slide 21: Capital Market Data
Capital Market Data 600% 500% 400% 300% 200% 100% 0% Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 -100% Saregama Sensex Price Data (As of 31st December 2021) INR Shareholding Pattern as on 31st December2021 Face Value 10.0 Others Market Price 5,251.4 22.16% 52
Slide 22: 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