Slide 1: Jagran Prakashan Limited Presentation — Q2FY16 Results
rr Jagran Jagran Prakashan Limited Presentation — Q2FY16 Results
Slide 2: Safe Harbor
Safe Harbor Jagran 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 for a
Slide 3: Continue to deliver Sustainable Performance
e Continue to deliver Sustainable Performan First ” a Quarter 147C 77 Cr Consolidated Consolidated Consolidated PAT Op eratin g Profit PBT Before Extraordinary Item 58% °° = 4% 56% Growth YoY Growth YoY Growth YoY Q2FY16 includes Radio City
Slide 4: We believe in Profitable Leadership
We believe in Profitable Leadership Jagran Net Profit — Top 5 Listed Media Conglomerates* Ff 1 || TV Broadcasters . . Listed Media Conglomerates Print & Radi . : ME Print 5 Ratio (Print + Radio) (7 7"q( I I ] I I ] I ] I ] I ] I ] ; ; a Listed Media Conglomerates J | I Peer 1 Peer 2 L JPL 1 Peer3 Pe
Slide 5: Our Flexible Approach is yielding results
Our Flexible Approach is yielding results Jagran Our Strategy of Supporting Customers and Investing into Long Term Relationships is playing out well AG As Economic Environment improves these Relationships will help us achieve Improvement in Yield in Q2FY16 vs. QIFY16 Vv Higher Growth Volume Gains fo
Slide 6: We have built a Long Term Sustainable Business
We have built a Long Term Sustainable Business Jagran @% Jagran 11 19 5 Mn+ Print Publications Daily Circulation Across State Presence over 350+ Five Languages Editions & Sub Editions 39° 21 Stations Under - Brand Planetradiocity.com 41 Mn* 380 Mn* FM Radio Stations Page Views Internet Users Not inc
Slide 7: Consolidated
Consolidate Consolidate Consolidate d d d 7
Slide 8: We delivered Highest Consolidated Performance
We delivered Highest Consolidated Performance Jagran +390 b a 146.9 al Q2 FY15 Q2 FY16 Q2 FY15 Q2 FY16 GA ; ill Q2 FY15 Q2 FY16 Q2 FY15 Qe FY16 Robust Performance Company's sustainable strategy of Client Partnerships is paying off Rs. Crs Q2FY16 includes Radio City
Slide 9: We are present across India
We are present across India Jagran J&K | Punjab | Himachal Pradesh | Haryana | Uttrakhand | Delhi | Uttar Pradesh | Jharkhand | Bihar | West Bengal: Andhra Pradesh / Telangna: Hyderabad | Vizag Delhi and Haryana Delhi| Hisar| Karnal Rajasthan Jaipur | Ajmer | Bikaner | Kota | Udaipur Uttar Pradesh:
Slide 10: Our Print Business
Our Print Business #1 Dainik Jagran is India's #1 Daily => Jagran a 11 13 5 5 Mn+ Publications State Presence Languages Daily Circulation Jagran #1 Inquilab is India ‘s #1 Urdu Daily 350+ Editions & Sub -editions 10
Slide 11: Print Business Performance Highlights
Print Business Performance Highlights Jagran 412.7 107.9 849 Q2 FY15 Q2 FY16 Q2 FY15 Qe FY16 Q2 FY15 Q2 FY16 ¥ Operating Profit Margins improved by ~400 bps YoY from 26.2% to 30.2% Rs. Crs 11
Slide 12: Print Business Ahead of Industry
Print Business Ahead of Industry Jagran Operating Revenue Operating Profit ae Dainik Jagran Dainik Jagran ¥ Operating Profit Margin at 8% (15%) 34.8% improved by 200 bps 3360 362.5 103 126.3 YoY -Inspite of high base of previous year Q2 FY15 Q2 FY16 Q2 FY15 Q2 FY16 Other Publications Other Publicati
Slide 13: Our Radio Business
Our Radio Business #1 Radio Station in Mumbai, Bangalore, Lucknow, Pune, Baroda, Anmednagar * 20 +11 Stations under the ‘Radio City’ Brand 8 Stations under brand ‘Radio Mantra’ 21 Stations under the brand ‘Planet Radiocity.com’ 4 Acquired in Phase III Auctions *Source: RAM/IRS for Mumbai and Bangalo
Slide 14: Radio business H1 FY16 performance
194 H1 FY15 H1 FY16 H1 FY15 H1 FY16 H1 FY15 H1 FY16 v_ PAT Margin excluding exceptional item has improved by ~215 bps from 20.6% in H1FY15 to 22.7% in H1FY16 ¥ 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 15: Our Digital Properties
Our Digital Properties Jagran #1 #1 #1 Hindi news portal Indian Health Website Education portal jagran.com onlymyhealth.com jagranjosh.com 41 Mn 380 Mn Internet Users Page Views Not incl. Mobile App Page Views *Google Analytics August 2015 15
Slide 16: High Growth in Digital Media Space
High Growth in Digital Media Space Jagran CA®TRI Mosh mid-day lJunction jagran.com jagranjosh.com midday.com jagranjunction.com ePost afgfaan = (uni post.jagran.com naidunia.com punjabi.jagran.com 9 . Onlymyhealth inextlive BO INDIA BOL onlymyhealth.com inextlive.jagran.com bolindiabol.jagran.com we
Slide 17: Digital growing Strength to Strength
Digital growing Strength to Strength Jagran - Digital Ad Revenue grew Monthly average unique visitors (Mn) by 65% - Continues its #1 position 2013-14 15 oy - Hindi News - Education 2014-15 35 - Indian Health - 70% Traffic from Mobile 2015-16 41 - Internet business reached over 50M Internet Users in
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Slide 19: Consolidated Profit and Loss Statement
Rs. in Crs Q2FY16 Q2FY15 YoY Revenues 519.5 436.3 19.1% 481.1 8.0% 1,000.7 876.6 14.2% Advertisement Revenue 389.0 306.9 26.7% 345.6 12.6% 734.5 615.8 19.3% Circulation Revenue 99.8 96.5 3.5% 100.5 -0.7% 200.3 192.1 4.3% Others 30.7 52.9 6.5% 35.1 -12.4% 65.8 68.6 -4.1% Raw Material 154.5 160.3 -4%
Slide 20: Operating Margin break-up
Operating Margin break-up Jagran Publications (Rs. Crs) Q2FY16 H1 FY16 Dainik Jagran Operating Revenue 362.5 336.0 723.9 671.9 Operating Profit 126.3 110.3 248.3 224.5 Operating margin 34.8% 32.8% 34.3% 334% Other publications Operating Revenue 79.2 76.7 158.2 152.8 Operating Profit* 70 -24 13.9 -10
Slide 21: Consolidated Balance Sheet
Consolidated Balance Sheet Jagran Shareholder’s Fund 14074 1,134.2 | Non-current assets 16014 1,230.1 Share capital 65.4 63.5 Fixed assets 8873 613.1 Reserves & Surplus 1342.0 | 1,070.8 | | Goodwill on consolidation 598.0 2323 Minority Interest 0.0 10 Non-current investment 16.5 3178 Non-current lia
Slide 22: Net Debt as on September 30, 2015
Net Debt as on September 30, 2015 Rs. in Crs Sep‘14 Jun‘15 Sep‘15 Gross Cash Balance (A) 441.2 468.6 452.3 External Borrowings (B) 281.9 483.0 5279 External Net Debt (B-A) = C -159.3 14.4 75.6 Borrowings from Holding 950 29.9 29.9 Company (D) Net Debt (C+D) =E -64.3 43.4 104.6 Jagran Net Debt 105 a
Slide 23: Financials of Radio City
Financials of Radio City Rs. in Crs Q2FY16 Q2FY15 YoY QiFY16 QoQ H1FY16 H1FY15 YoY Revenues SOR) SiS 8.3% 474 17.2% 102.9 943 9.2% Expenses 39.5 348 32.9 72.3 67.4 Operating Profit 16.1 16.5 -2.3% 14.5 10.8% 30.6 26.8 14.1% Operating Profit Margin 29.0% 32.1% 30.6% 29.7% 28.5% Other Income 6.2 141 5
Slide 24: Corporate Announcement — October 2015
Corporate Announcement — October 2015 Jagran Board of Directors considered and approved composite Scheme of Arrangement for: a) the amalgamation of Crystal Sound & Music Private Limited ("Crystal” or “Transferor Company 1") and Spectrum Broadcast Holdings Private Limited, earlier known as IVFH Holdi
Slide 25: Historical Financial Performance
Historical Financial Performance 25
Slide 26: Hindi Print Market showing robust growth
Hindi Print Market showing robust growth WS Advertising | Circulation 130 119 110 49%) 100 91 83 75 83 63 58 67 50 54 i 45 2010 2011 2012 2013 2014 «= 2015p ~—s «2016p = «2017p ~—S 2018p ~—S 2019p Advertising : CAGR of 10.7% & Circulation : CAGR of 6.8% ] Rs. Billion Source: FICCI-KPMG Indian Media
Slide 27: JPL: Consistent Growth in Revenue
JPL: Consistent Growth in Revenue - Higher than Industry FY10-15 Revenue CAGR: 13% Advertising: 14.3% ( Industry : 8.9% ) Circulation: 12.5% ( Industry : 6.5% ) 1,770 390 942 216 FY10 FY1s () Others Ml Circulation | Advertising Rs. Crs 27
Slide 28: EBITDA & Margin
EBITDA & Margin EBITDA ° ° ° ° ° 9 Margin © ) 30% 29% 23% 19% 22% 25% | EBITDA 451 FY10 FY11 FY12 FY13 FY14 FY15 > » EBITDA Margins lower in FY12 & FY13 due to investments in new brands but have started improving Rs. Crs 28
Slide 29: Net Profit & Margin
Net Profit & Margin Net Profit ° ° ° 6, ° ° Margin ) 18% 17% 13% 17% 13% 17% | Net Profit 308 FY10 FY11 FY12 FY13* FY144 FY154 Rs. Crs * FY 13 Profit After Tax are not comparable mainly due to tax benefits on accumulated losses of taken over print business of Naidunia 29 A Includes sale of treasury
Slide 30: Consistently Generating High Return on Equity
Consistently Generating High Return on Equity RoE 29% 30% 24% 27% 24% 27% || Networth FY10 FY11 FY12 FY13 FY14 FY15
Slide 31: High Profit Sharing with Shareholders
High Profit Sharing with Shareholders Payout ) 60% 53% 63% 49%* 56% 48% pps | EPS FY10 FY11 FY12 FY13 FY14 FY15 * Including Buyback of Rs. 47.5 Crs 31
Slide 32: For further information, please contact
For further information, please contact: 4 Company : Investor Relations Advisors : hs = a 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@sgapl.net / bekta@