Jagran Prakashan Limited · NSE:JAGRAN
Jagran Prakashan — Q1 FY16 Earnings Presentation
22 slides from Jagran Prakashan's earnings presentation, 2015
Slide 1: Jagran Prakashan Limited (JPL) Result Update Presentation Q1 FY16
Jagran Prakashan Limited (JPL) Result Update Presentation Q1 FY16
Slide 2: Safe Harbor
Safe Harbor 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 any secu
Slide 3: Outstanding Consolidated Quarterly Performance
Outstanding Consolidated Quarterly Performance 135 Cr 113 Cr Operating Profit PBT 78 Cr PAT Before Extraordinary Item * 26% Growth YoY 38% 42% Growth YoY Growth YoY Outstanding Performance from existing businesses ... Radio City will contribute FULLY from Q2FY16 *Radio City Consolidated from 11th Ju
Slide 4: Highest Growth in Advertisement Revenue
Highest Growth in Advertisement Revenue Consolidated Print 12% Radio 8% Digital 10% 31% 4
Slide 5: Print Business Performance Highlights
Print Business Performance Highlights Operating Revenue Operating Profit Profit Before Tax 6.9% +21% +39% 440.5 129.0 113.8 412.0 106.6 82.1 Q1 FY15 Q1 FY16 Q1 FY15 Q1 FY16 Q1 FY15 Q1 FY16 Operating Margins improved by ~340 bps from 25.9% to 29.3% Rs. Crores 5
Slide 6: Print Business continues to Outperform...
Print Business continues to Outperform... Operating Revenue Operating Profit Dainik Jagran Dainik Jagran 8% 7% Operating Profit Margins 335.9 361.4 114.2 122.0 Sustained at 34% -Inspite of Challenging Economic Environment Other Publications Q1 FY15 Q1 FY16 Q1 FY15 Q1 FY16 Other Publications 191%
Slide 7: Consolidated Performance - Highest in the Industry..
Consolidated Performance - Highest in the Industry.. Operating Profits Operating Margins % 26% 15% 134.8 Robust performance in 28.0 107.0 24.3 economically difficult time.. Q1 FY15 Q1 FY16 Q1 FY15 Q1 FY16 Profit Before Tax Profit Before Tax Margin % 38% 26% ..Company’s sustainable 113.0 23.5 strateg
Slide 8: ...Due to our Sustainable Strategy
...Due to our Sustainable Strategy Supporting Customers and Investing into Long Term Relationships... …will lead to Gain in market share as economic environment improves… leading to ... Higher Growth ... Operating Leverage on Volume Gain ... Increasing Profitability 8
Slide 9: Print, Radio & Digital ...
Print, Radio & Digital ... Digital Business • Strengthens presence in New Media Platform • Leveraging Print & Radio leadership position • Presents an opportunity to engage specific target audience Radio Business • High Growth High Margin Business • Extension in Non Jagran Print Geographies • Enables
Slide 10: Increased business diversity across India
Increased business diversity across India Radio Stations Print Media Presence Andhra Pradesh / Telangna: J&K | Punjab | Hyderabad | Vizag Himachal Pradesh | Delhi Haryana | Uttrakhand | Delhi | Uttar Rajasthan: Pradesh | Jharkhand | Jaipur Bihar | West Bengal: Uttar Pradesh: Dainik Jagran Lucknow Ma
Slide 11: Improving National Footprints
Improving National Footprints Our Radio Presence Our Print Presence One of India’s leading private FM Radio The Largest Read Print Media Group of India Operator – 68 mn Readers, 121 Editions, 15 States, 12 – No.1 position in Mumbai, Bangalore & Lucknow Publications, 5 Languages Presence 20 sta
Slide 12: Key Digital Properties
Key Digital Properties 23.3 mln Unique Users 4.5 mln Unique Users 267 mln Page Views 19.6 mln Page Views 12.2 mln Unique Users 4.4 mln Unique Users 68 mln Page Views 16 mln Page Views Digital grows from Strength to Strength – Digital Ad Revenue grew by 31% to Rs. 4.39 crores from R
Slide 13: Radio City – Quarterly Financial Performance
Radio City – Quarterly Financial Performance Operating Revenue Operating Profit Profit After Tax * 10.3% +40% +74% 47.4 14.5 11.3 43.0 10.4 6.5 Q1 FY15 Q1 FY16 Q1 FY15 Q1 FY16 Q1 FY15 Q1 FY16 Profit After Tax excluding exceptional item is Rs. 11.30 crores, a growth of 74% PAT Margin excluding ex
Slide 14: Radio City as part of Jagran Prakashan
Radio City as part of Jagran Prakashan Performance from date of Acquisition - 11th June 2015 to 30th June 2015 Rs. Crores Revenue 14.37 Advertising Revenue 13.08 Operating Profit 5.34 Operating Profit Margin 37.2% Profit Before Tax 4.68 Tax 0.0 Profit After Tax (before exceptional items) 4.68 Prof
Slide 15: Financial Performance – Q1FY2016
Financial Performance – Q1FY2016 15
Slide 16: Quarterly Revenue Break-up
Quarterly Revenue Break-up* Break Up – Rs Crores Break Up – % Contribution 481.1 440.3 481.1 440.3 35.1 8.1% 7.3% 35.7 100.5 21.7% 20.9% 95.7 5.1% 11.9% 308.9 345.6 70.2% 71.8% Q1 FY15 Q1 FY16 Q1 FY15 Q1 FY16 Others Circulation Advertising Circulation Revenue growth of 5% driven by improvement in
Slide 17: Consolidated Quarterly Profitability Statement
Consolidated Quarterly Profitability Statement* Rs. Crores Q1FY16 Q1FY15 YoY Q4 FY15 QoQ FY15 Revenues 481.1 440.3 9.3% 422.7 13.8% 1,769.8 Advertisement Revenue 345.6 308.9 11.9% 292.9 18.0% 1,247.1 Circulation Revenue 100.5 95.7 5.1% 98.0 2.6% 390.1 Others 35.1 35.7 -1.9% 31.8 10.1% 132.6 Raw Mate
Slide 18: Operating Margin break-up
Operating Margin break-up Publications (Rs. Crores) Q1 FY16 Q1 FY15 FY15 FY14 Dainik Jagran Operating Revenue 361.4 335.9 1,358.4 1,258.0 Operating Profit 122.0 114.2 462.5 413.4 Operating margin 33.8% 34.0% 34.1% 32.9% Other Publications Operating Revenue 79.1 76.1 314.6 322.9 Operating Profit 6.9
Slide 19: Net Debt as on June 30, 2015
Net Debt as on June 30, 2015 Rs. in Crores Jun’14 Mar ’15 Jun ’15 External Net Debt Gross Cash Balance (A) 334.1 860.8 468.6 61 43 External Borrowings (B) 300.5 553.0 483.0 External Net Debt (B-A) = C -33.6 -307.8 14.4 Borrowings from Holding 95.0 95.0 29.0 Company (D) -213 Net Debt (C+D) = E 61.4 -
Slide 20: Financials of Radio City
Financials of Radio City Rs. Crores Q1 FY16 Q1 FY15 YoY Revenues 47.4 43.0 10.3% Expenses 32.9 32.6 Operating Profit 14.5 10.4 40.2% Operating Profit Margin 30.6% 24.1% Other Income 5.8 0.9 Depreciation & Amortisation 3.8 3.9 Interest 5.1 0.8 Profit Before Tax before Exceptional Item 11.3 6.5 74.2%
Slide 21: Corporate Announcement
Corporate Announcement Board of Directors considered and approved the amalgamation of Suvi Info- Management (Indore) Private Limited (SUVI), a wholly-owned subsidiary of the Company subject to the approval of shareholders/ creditors and other regulatory authorities – SUVI does not have business ac
Slide 22: 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 / Mr. Jigar Kavaiya amitjaiswal@jagran.com dpayal@sgapl.net / kjigar@sgapl.