Dish Tv India Limited · NSE:DISHTV
Dish Tv India — Q4 FY2024 Earnings Presentation
19 slides from Dish Tv India's earnings presentation, May 2024
Slide 1: Dish TV India Limited Earnings Presentation
Dish TV India Limited Earnings Presentation Quarter Ended March 31, 2024 Stock Code: BSE - 532839 NSE- DISHTV LSE: DTVL
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 Dish TV India Limited about its business and the industry and markets i
Slide 3: Key highlights for the quarter
Key highlights for the quarter
Slide 4: Key financial highlights
Key financial highlights Operating Operating revenues for the quarter were Rs. 4,069 million Revenues EBITDA EBITDA of Rs. 1,653 million EBITDA EBITDA margin at 40.6% Margin Debt Maintained debt-free status as on March 31, 2024 4
Slide 5: Stepping-Up
Stepping-Up Dish TV India is the first in the Indian DTH The fourth quarter saw Dish TV India Limited industry to offer built-in OTT content along further stepping-up its efforts to provide a with linear TV subscription at absolutely no seamless television viewing experience to its cost to the subsc
Slide 6: Dish TV maintains debt-free status
Dish TV maintains debt-free status Dish TV India Limited – Repayment of debt over the years (Rs. million) 35,000 31,539 30,000 27,582 25,000 20,000 17,844 15,000 10,000 8,099 5,000 3,756 725 0 0 - Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 May-23 Mar-24 Gross debt (Rs. mn) 6
Slide 7: Watcho - OTT aggregation
- OTT aggregation 10 GET 10X ENTERTAINMENT, WITH 10X SAVINGS! IN ONE PLAN AT HUGE DISCOUNT HO ENJOY MULTIPLE OTT APPS AT THE COST OF JUST ONE ‘SAVINGS dishty) watcH WATCHO SOUTH MAX ACTIVATION VOUCHER *255¢Tax MRP 7299; »e DOWNLOAD NOW #FunFatafat
Slide 8: Watcho - Originals
Watcho - Originals 8
Slide 9: Watcho - Downloads so far
Watcho - Downloads so far Cumulative downloads (mn.) 100 90 90 80 70 70 60 50 50 40 30 20 25 10 4 - Apr-20 Mar-21 Mar-22 Mar-23 Mar-24 9
Slide 10: 4Q FY24 Financials
disht) SMART 4Q FY24 Financials
Slide 11: Quarterly performance metrics
Quarterly performance metrics P&L structure – 4Q FY24 Subscription revenues Subscription revenues Rs. 3,197 million 17.4% Marketing and 1.7% 2.3% promotional fees Consolidated Advertisement income revenues Operating revenues Rs. 4,069 million 78.6% Others Cost of goods & services EBITDA 20.0% Rs. 1,
Slide 12: Operating free cash flows
Operating free cash flows Operating free cash flows (Rs. mn.) 18,000 16,092 16,000 13,862 14,000 12,532 12,000 10,000 8,000 6,100 6,000 4,000 2,638 2,000 - FY20 FY21 FY22 FY23 FY24 12 Operating free cash flows: EBITDA – Box Capex
Slide 13: Summarized consolidated P&L - Quarterly
Summarized consolidated P&L - Quarterly Quarter ended Quarter ended Rs. million March 2024 March 2023 Operating revenues break-up (Rs. Mn.) Operating revenues 4,069 5,048 Subscription revenues Expenditure 2,416 4,898 69 94 Marketing and EBITDA 1,653 150 promotional fees Advertisement income EBITDA m
Slide 14: FY24 Financials
disht) SMART FY24 Financials
Slide 15: Annual performance metrics
Annual performance metrics P&L structure – FY24 Subscription revenues 1.6% Subscription revenues 16.0% Rs. 14,845 million 2.4% Marketing and promotional fees Consolidated Advertisement income revenues Operating revenues 80.0% Others Rs. 18,565 million Cost of goods & services EBITDA 20.4% Rs. 7,537
Slide 16: Summarized consolidated P&L - Annual
Summarized consolidated P&L- Annual Year Year ended ended Operating revenues break-up Rs. million March 2024 March 2023 (Rs. mn.) Operating revenues 18,565 22,618 Expenditure 11,028 13,485 Subscription revenues 300 451 EBITDA 7,537 9,134 EBITDA margin (%) 40.6 40.4 2,969 Marketing and promotional fe
Slide 17: Consolidated balance sheet
Consolidated balance sheet Rs. million March 2024 (Audited) Equity and liabilities Equity (a) Equity share capital 1,841 (b) Other equity (29,404) (c) Non-controlling interest (1) Liabilities (1) Non-current liabilities (a) Financial liabilities (i) Borrowings - (ii) Lease liabilities 20 (iii) Other
Slide 18: Consolidated balance sheet - Assets
Rs. million March 2024 (Audited) Assets (1) Non-current assets (a) Property, plant & equipment 10,697 (b) Capital work in progress 2,779 (c) Goodwill 1 (d) Other intangible assets 18 (e) Intangible assets under development 744 (f) Financial assets (i) Investments - (ii) Loans - (iii) Other financial
Slide 19: Thank you
disht) SMART Thank you 19