Saregama India Limited · NSE:SAREGAMA
Saregama India — Q1 FY22 Earnings Presentation
21 slides from Saregama India's earnings presentation, 2021
Slide 1: Saregama India Limited Quarterly Presentation Q1 FY22
SAREGAMA INDIA LIMITED | QUARTERLY PRESENTATION | Q1 FY22
Slide 2: Saregama
Saregama • India’s oldest Music Label and youngest Film Production house • Owns irreplacable must-have Music IP (sound-recording and publishing rights) of 130k songs, Films IP of 61 films and 6k+ hours of TV serials • Music : Simple, Predictable Business with Formidable Entry Barriers. Primary reven
Slide 3: Strategic Overview: Digitisation Driving Growth
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 in 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 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 Produ
Slide 5: Fast Growing 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. Growing customer interest in Retro Music B. Saregama’s Focus on New Music C
Slide 6: Our Music Licensing Partners
OUR MUSIC LICENSING PARTNERS Music Streaming Platforms Broadcasting Platforms Video Streaming Platforms v v v Social Media Platforms Brands 6
Slide 7: Operational Highlights
OPERATIONAL HIGHLIGHTS 7
Slide 8: Music Segment Operational Highlights
Music Segment Operational Highlights Licensing YOUTUBE VIEWS (MN) PER QUARTER • Music licenses to following brands: Dream 11, ITC, Spotify etc 2,586 2,468 • Digital Content Licenses: 1,872 2,055 1,562 1,506 Filmfare Awards, Tikli and Laxmi Bomb (Netflix), Phonebooth (Excel Entertainment), Sultan (Ta
Slide 9: Music Segment Operational Highlights: Carvaan
Music Segment Operational Highlights • Carvaan sales was adversely affected due to Covid (2nd wave) lockdowns • All major Stores were closed Carvaan Sales (units ‘000s) • E-commerce platforms were delivering only essential commodities 2nd Wave Lockdown 138 • Podcast stations listenership continues t
Slide 10: Films & TV Segment Operational Highlights
Films & TV Segment Operational Highlights Film Segment Future Outlook • Collar Bomb got released in • Marathi Movie Zombivli Disney +Hotstar shoot over. To be released in FY22 • Collar Bomb was the Most watched OTT content in India during 12-18th July (according • First Web Series- Mindscapes to Orm
Slide 11: Financial Highlights Consolidated
FINANCIAL HIGHLIGHTS CONSOLIDATED 11
Slide 12: Quarterly Financial Summary
Quarterly Financial Summary Particulars (INR Mn) Q1 FY22 Q4 FY21 Q-o-Q Growth Q1 FY21 Y-o-Y Growth Revenue from Operations • Music 919 1,013 (9)% 695 32% • TV & Films 119 210 (43)% 59 102% • Publication 12 12 - 10 20% Revenue from Operations 1,050 1,235 (15)% 764 37% Operating Income before Content
Slide 13: OIBCID to PAT
OIBCID to PAT Q-o-Q Y-o-Y Y-o-Y Particulars (INR Mn) Q1-FY22 Q4-FY21 Q1-FY21 FY 21 FY 20 Growth Growth Growth Revenue from Operations (A) 1,050 1,235 (15)% 765 37% 4,420 5,215 (15)% Total Expenses (B) 629 824 (24)% 548 15% 2,969 4,452 (33)% OIBCID (C= A-B) 421 411 2% 217 94% 1,451 763 90% OIBCID Mar
Slide 14: Balance Sheet
Balance Sheet As on 30th As on 31st As on 30th As on 31st Equity and Liabilities (INR Mn) Assets (INR Mn) June 2021 March 2021 June 2021 March 2021 Non Current Fixed Assets Shareholders Fund (a) Property, Plant and Equipment * 2,143 2,046 (a) Equity Share Capital 174 174 (b) Right of use Asset 10 11
Slide 15: Cash Flow Statement
Cash Flow Statement Particulars (INR Mn) Q1-FY22 FY 21 Pre-Tax Profit 368 1,519 Change in other operating activities ( including non-cash Items) 5 (176) Change in Working capital (231) 692 Taxes Paid (63) (139) Net cash generated from/(used in) Operating Activities (A) 79 1,896 Redemption/(Investmen
Slide 16: Financial Highlights Standalone
FINANCIAL HIGHLIGHTS STANDALONE 16
Slide 17: Financial Performance
Financial Performance Q-o-Q Y-o-Y Y-o-Y Particulars (INR Mn) Q1-FY22 Q4-FY21 Q1-FY21 FY 21 FY 20 Growth Growth Growth Turnover 1,022 1,210 (16)% 744 37% 4,343 5,001 (13)% Other Income 28 173 (84)% 54 (48)% 290 115 152% Total Revenue 1,050 1,383 (24)% 798 32% 4,633 5,116 (9)% Total Expenses 649 878 (
Slide 18: Balance Sheet
Balance Sheet As on 30th As on 31st Assets (INR Mn) As on 30th As on 31st Equity and Liabilities (INR Mn) June 2021 March 2021 June 2021 March 2021 Shareholders Fund Non Current Fixed Assets (a) Property, Plant and Equipment* 2,142 2,045 (a) Equity Share Capital 174 174 (b) Right to use assets 10 11
Slide 19: 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 20: Capital Market Data
Capital Market Data 700% 600% 500% 400% 300% 200% 100% 0% Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 -100% Saregama Sensex Price Data (As of 30th June, 2021) INR Shareholding Pattern as on 30th June 2021 Face Value 10.0 Market Price 3,144.9 Others 29.85% 52 W
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