Jagran Prakashan Limited · NSE:JAGRAN
Jagran Prakashan — Q3 FY2016 Earnings Presentation
25 slides from Jagran Prakashan's earnings presentation, Jan 29, 2016
Slide 1: Q3 FY16 Result Presentation
Q3 FY16 Result Presentation 29th January 2016
Slide 2: Safe Harbour
Safe Harbour JjJagran This presentation and the accompanying slides (the “Presentation’), which have been prepared by Jagran Prakashan Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe fo
Slide 3: Welcome to Jagran 2.0
Welcome to Jagran 2.0 JjJagran THE JAGRAN WE HAVE BUILT THE JAGRAN YOU KNOW Profitable Aggressive Value Maximizing Largest Print player Building sustainable and robust Heritage businesses in each vertical Respect and credibility Multi media Countrywide Presence 3
Slide 4: 70+ yrs Largest 68 Mn+
70+ yrs Largest 350+ 68 Mn+ 37 5 11 39^ 24 13 4 9 #1 #1 4
Slide 5: Scaling New Heights...
Scaling New HeigNts... International News Media Association (INMA) has named Dainik Jagran as the only Indian Newspaper amongst the Top 8 news brands worldwide o 4 Highest Ever 39% Operating Mid Day : 25% Digital : No.4 Consolidated margin in EBITDA for first among news Operating Profit Radio Busine
Slide 6: Aggressive Growth with Stable Margins
Aggressive Growth with Stable Margins Jagran Print Ad Revenue Growth Double digit till date * Strategy of Sustainable Client Partnerships is yielding permanent growth 9.2% 8.2% Print Margin — Stable at ~30% 7A% Highest ever monthly billing in October 2015 Mid day English witnessing strong ad growth
Slide 7: Growth in Revenue — Q3 FY16
Growth in Revenue — Q3 FY16 jJagran Consolidated Consolidated ° 7 2 ° 7 2 Advertisement 1 '@) 7 Operating 7 Revenue Revenue (Like to Like) Growth YoY (Like to Like) Growth YoY Print Ad Growth Digital* Ad Growth Radio Ad Growth 9x 50: 15: YoY *Print Business _ Radio Business included in base quarter
Slide 8: We Continue to deliver Sustainable Performance
We Continue to deliver Sustainable Performance Jagran Highest Ever Operating Profit in Quarter 172 Cr 1353Cr 93Cr Consolidated Consolidated PBT Consolidated PAT Operating Profit 30% 34% 7P 40% Growth YoY Growth YoY Growth YoY Amount in Rs. Q3FY16 includes Radio City 8
Slide 9: Consistent Outperformance
Consistent Outperformance Q1LFY15 Qt FY16 Q2FY15 Q2FY16 Q3FY15 Q3FY16 Q1FY15 Q1FY16 Q2FY15 Q2FY16 Q3FY15 Q3FY16 Rs.Crs * Consolidated Financials | Radio Business included from 11'* June 2015 9
Slide 10: Consistent Outperformance
Consistent Outperformance Operating , , , , , , Margin % 24.3% 28.0% 24.4% 28.3% 28.2% 29.9% 134.8 146.9 172.1 107.0 | 106.2 | 132.5 a Q1FY15 Qi FY16 Q2FY15 @Q2FY16 Q3FY15 Q3FY16 PBT ° 18.6% 23.5% 18.7% 21.1% 21.0% 23.1% magne 0 a A 113.0 109.5 132.9 81.8 815 a 99.0 a Q1FY15 Q1FY16 Q2FY15 Q2FY16 Q3F
Slide 11: Print Business
Print Business er Chel SPTRUT mid-day fais S \ THE INQUILAB 3) Ti2I,,, OX unin 34 zara Source: : INMA, Internal Data, IRS 2012 Q4 Jagran 13 states DJ: Only Indian Newspaper DJ: amongst top 8 worldwide DJ Credibility: sales : Most credible consecutive Ray per BBC- years euters survey 11
Slide 12: Print Business Performance Highlights
Print Business Performance Highlights Q1FY15 Q1FY16 Q2FY15 Q2FY16 Q3FY15 Q3FY16 Rs. Crs 12
Slide 13: Print Business Performance Highlights
Print Business Performance Highlights 30.4% 31.0% 1363 149.3 Q3FY15 Q3FY16 Operating ° 9, Margin % 25.9% 29.3% 129.0 106.6 Q1FY15 QI1FY16 PBT ° ° Margin % 19.9% 23.8% 28% 104.9 82.0 Q1FY15 Q1FY16 Rs. Crs 20.6% 22.0% rae ia Q2FY15 Q2FY16 22.8% 23.8% 102.1 114.6 aa Q3FY15 Q3FY16 13
Slide 14: Dainik Jagran — Drives the Industry
Dainik Jagran — Drives the Industry Q1FY15 QI1FY16 Q2FY15 Q2FY16 Q3FY15 Q3FY16 Operating Margin % 34.0% 33.8% 32.8% 34.8% 35.8% 35.3% 7% 8% @%) 126.3 114.2 122.0 110.3 129.1 139.3 Q1FY15 QI1FY16 Q2FY15 Q2FY16 Q3FY15 Q3FY16 Rs. Crs 14
Slide 15: Operating °. °
Operating °. ° Margin % -10.0% 88% 6.9 -7.6 Q1LFY15 Q1FY16 Rs. Crs Q3FY15 Q3FY16 Q2FY15 Q2FY16 15
Slide 16: Radio Business
Radio Business JjJagran 39 stations’ Radio City 7% 4 ynsRan wiTiaTIVE | FM BOLE TOH RADIO CITY Cy 1st in web radio Amongst Top 2 FM players across network for last 14 quarters of IRS Radio City markets in Maharashtra are Mumbai, Pune, Nagpur, Kolhapur, Nashik, Anmednagar, Solhapur, Akola, Jalgaon, N
Slide 17: Radio City - Month Performance
Radio City - 9 Month Performance jJagran Rs. Crs QMFY15 9M FY16 9MFY15 9M FY16 9MFY15 9M FY16 Operating Margin improved from 31.6% 9M FY 15 to 33.4% in 9M FY16 Exceptional item of Rs. 13.6 Crs which represents incentives to the Management Team in respect of their past services in terms of agreement
Slide 18: Financials of Radio City
Financials of Radio City Rs. in Crs Q3 FY16 Q3 FY15 QoQ Revenues 648 564 14.9% 555 16.7% 1677 1507 113% Expenses 39.4 35.6 39.5 117 103.0 Operating Profit 25.4 20.8 22.1% 16.1 579% 56.0 476 176% Operating Profit Margin 39.2% 36.9% 29.0% 33.4% 31.6% Other Income 0.8 19 6.2 12.8 39 Depreciation & Amor
Slide 19: Digital Business
Digital Business =aiaieoaa <™~junction DeHshopazw —— DEALS TO HOME 4Jeetle in. Wise Bégt 239 mn page views * ComScore Dec 2015 (Web + Mobile) Not including Mobile App Pageviews #1 Rank within Hindi news category #5 Rank within news category #1 in Web Radio Jagran 19
Slide 20: Digital growing Strength to Strength
Digital growing Strength to Strength Jagran Apps Total Downloads 53,88,817 <4 Active Downloads 8,98,328 < Screen Views 59 mn WW Users : 9,00,365 Sessions : 43 mn Jagran Digital Ad Revenue grew by 30% Continues its #1 position - Hindi News - Education - Indian Health 70% Traffic from Mobile Overall,
Slide 21: Financial Performance — Q3FY2016
Financial Performance — Q3FY2016
Slide 22: Consolidated Profitability Statement
Consolidated Profitability Statement* Jagran Rs. in Crs Q3 Q3 FY15 YoY QoQ 9m FY16 9m FY: YoY Revenues 576.4 470.5 22.5% 519.5 10.9% 1,577.0 1,347.0 171% Advertisement Revenue 434.8 338.4 28.5% 389.0 11.8% 1169.4 954.2 22.6% Circulation Revenue 102.0 100.0 2.0% 99.8 2.2% 302.4 292.2 35% Others 39.5
Slide 23: Operating Margin break-up
Operating Margin break-up Jagran Publications (Rs. Crs) Q3 FY16 Q3 FY15 9M FY16 9M FY15 Dainik Jagran . . Operating Revenue 394.5 361.1 1,118.4 1,033.1 Operating Profit 139.3 129.1 3876 353.6 Operating margin 35.3% 35.8% 34.7% 34.2% Other publications - - Operating Revenue 86.7 875 244.9 240.3 Opera
Slide 24: Net Debt as on December 31, 2015
Net Debt as on December 31, 2015 JjJagran Net Debt Net Debt after payment of: Acquisition of MBL 434 105 Dividend Payment (Incl Dividend 138 Tax) oo Phase III Migration Fees 210 Dec-14 Sep-15 Dec-15 Fees towards new Phase III stations 63 Rs. Crs 24
Slide 25: For further information, please contact:
For further information, please contact: Company : Investor Relations Advisors : Jagran Prakashan Ltd. Strategic Growth Advisors Pvt. Ltd. CIN: L22219UP1975PLC004147 CIN: U74140MH2010PTC204285 Mr. Amit Jaiswal Ms. Payal Dave / Ms. Ekta Bhalja amitjaiswal@jagran.com dpayal@sgapLnet / bekta@sgapLnet w