Slide 1: D B Corp Ltd. Investor Presentation
D B Corp Ltd. Investor Presentation June 2018 VALUES – Trendsetting | Result-oriented | Analytical | Connected 1
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 Dainik Bhaskar Group (DB Corp Ltd.) about its business and the industry
Slide 3: Indian Media & Entertainment Industry
Indian Media & Entertainment Industry Media Sector – Strong & Consistent Growth (INR bn) 1473 1262 1157 1026 918 821 2012 2013 2014 2015 2016 2017 • M&E industry size was Rs. 1473 bn in 2017, which grew by 17% over 2016. • Expected CAGR growth is 11% till 2020. Media Spend as % of GDP 0.97% 0.76% 0.
Slide 4: Print Maintains Largest Ad-pie – Language Print Witnesses Higher Growth
Print Maintains Largest Ad-pie – Language Print Witnesses Higher Growth OOH Radio 6% Online 4% 4% Print: Indian Print Language Print: English Television 47% 42% 58% 39% Radio OOH 4% 5% 2010 – Rs. 265.5 bn Online 15% Print Print: Indian 38% Language Print: English 65% 35% Television 38% 2016 – Rs. 52
Slide 5: Print & Indian Language Advertising Revenue
Print & Indian Language Advertising Revenue Indian Language Print Print Media 2016 – Indian Language Print Media is Largest component of print advertising, as a % of print ad pie at 65%; – Indian Language Print is expected to maintain a healthy CAGR of double digit for next 4 – 5 years. Source: FICC
Slide 6: Consistent Higher % Growth of Indian Language Newspapers
Consistent Higher % Growth of Indian Language Newspapers • Print is growing at an incredible 4.87% CAGR over a 10 year period from 2006 to 2016. • Absolute Hindi copies per day increased by 1.39 cr to 2.45 cr in 2016 from 1.06 cr copies in 2006. Hindi 8.76% Telgu 8.28% Kannada 6.40% Tamil 5.51% Mala
Slide 7: Insights – Indian Readership Survey 2017
Insights – Indian Readership Survey 2017 Readership Base Expands Figs in Crores (12+ Years) % CHANGE Dailies‟ Readership IRS 2014 IRS 2017 VS „14 Last 1 month 27.6 38.5 40% Upto 7 days 24.3 30.6 26% Upto 3 days 20.8 24.1 16% Base: All languages, All India (U+R), 12+ Years Source: MRUC Website - http
Slide 8: Readership Base Expands Across Demographic Age Groups
Readership Base Expands Across Demographic Age Groups 12 Years+ 12 – 15 YRS 16 – 19 YRS 20 – 29 YRS 30 – 39 YRS 40 – 49 YRS 50+ YRS 2014 2017 2014 2017 2014 2017 2014 2017 2014 2017 2014 2017 Dailies (hard copy) Read 28% 42% 38% 50% 34% 42% 30% 38% 29% 37% 26% 30% in Last 1 Month Note: respective NC
Slide 9: Growth Seen Across Language dailies
Growth Seen Across Language dailies LAST 1 MONTH Figs in Crores (12 Years +) % CHANGE READERSHIP IRS 2014 IRS 2017 VS „14 12 Years+ individuals 96.2 104.6 9% Hindi 12.1 17.6 45% Marathi 2.6 3.4 31% Tamil 2.3 3.4 44% Telugu 1.5 2.5 63% Indian Malayalam 2 2.4 19% Languages Gujarati 1.6 2.3 45% Bengali
Slide 10: Dailies Added 11cr Readers, expanding readership base across consumer groups
Dailies Added 11cr Readers, expanding readership base across consumer groups Read in Last 1 Month ALL INDIA URBAN RURAL 2014 2017 2014 2017 2014 2017 Dailies 31% 39% 47% 53% 22% 31% Readers in Crores 29.5 40.7@ 15.2 19.3 14.3 21.4 +11 Cr +4 Cr +7 Cr @ = includes readers for which mastheads were not
Slide 11: Urban India's #1 Newspaper Group
Dainik Bhaskar Group is Urban India‟s #1 Newspaper Group Dainik Bhaskar The Group Times Dainik of India Jagran 12.6 Mn. Group Group Readers 11.9 Mn. 11.2 Mn. Readers Readers Dainik Bhaskar Group : Dainik Bhaskar | Divya Bhaskar | Divya Marathi | Saurashtra Samachar The Times of India Group: The Time
Slide 12: Dainik Bhaskar has the largest NCCS-AB and NCCS-A readers in Urban India
Dainik Bhaskar has the largest NCCS-AB and NCCS-A; readers in Urban India 7.08 Mn. 4.74 Mn. 6.87 Mn. 4.68 Mn. 5 Mn. 4.34 Mn. Dainik Bhaskar Dainik Jagran The Times of India NCCS AB NCCS A (Readership) Source : IRS 2017 AIR – URBAN Source: IRS 2017 AIR-URBAN | Excluding Financial Dailies 12
Slide 13: Dainik Bhaskar Newspaper Is World's 4th Largest Circulated Newspaper
„Dainik Bhaskar‟ Newspaper Is World‟s 4th Largest Circulated Newspaper WAN IFRA‟s World Press 2015 2016 Trends Reports: 4th Rank 4th Rank (3.6 mn copies) (3.8 mn copies) 2014 11th Rank (2.5 mn copies) Other top 3 newspapers as per 2016 Reports: Copies Title Country (million) 2013 The Yomiuri Shimbun
Slide 14: D B Corp Ltd - The Largest Print Media Company In India
D B Corp Ltd - The Largest Print Media Company In India Major Business Brands Hindi Newspaper 11 States, 46 Editions Gujarati Newspaper 2 States, 9 Editions Marathi Newspaper 1 State, 6 Editions FM Radio Network 7 States, 30 Stations Digital & Mobile 11 Portals & 2 Apps 14
Slide 15: Presence Across Fast Growing Markets
Presence Across Fast Growing Markets INDIA 10 Metros1 29 States 7 Union Territories Delhi, Mumbai, Ahmedabad Less: 6 Union Territories Less: 7 NE States Chennai Jaipur (Non Focused Markets) (Non Focused Markets) Hyderabad, Kolkata, Surat Bangalore, Pune Remaining: (Major) 1 U.T. Remaining: Major 22S
Slide 16: Focused on Largest Revenue Markets of India
Focused on Largest Revenue Markets of India A Leader in Print Readership, operating in the highest growth markets in India Leadership in Multiple States – Emerging Tier II & III Cities • Madhya Pradesh, Chhattisgarh, Rajasthan, Gujarat, Haryana, Punjab, Chandigarh, Maharashtra, Himachal Pradesh, Jha
Slide 17: Key Developments / Initiatives and Current Focus Area
Key Developments / Initiatives and Current Focus Area bad e 8 DB Corp Lid | dfteurewz a fecéi ararct ey Ggoicrat *homeonlinecom ae &.
Slide 18: Strategic Focus Area - Editorial Strategy
Strategic Focus Area - Editorial Strategy Innovative reader engagement initiatives CONTENT STRATEGIES Thought Leadership Journalism- = “No Negative Knowledge enhancement for reader Monday” High Quality Reviews & Content + opinion by Jacket on eminent Sunday Product differentiation towards growth aut
Slide 19: Circulation Strategy – Proven Track Record
Circulation Strategy – Proven Track Record 1. 15% CAGR Growth: For 5 years, from FY 2011-12 to FY 2016-17 is 15% largely driven by yield in our core legacy markets. 2. Dainik Bhaskar newspaper continues to be the Nation‟s Largest Circulated Multi-Edition Daily as per Press In India Report 2016-17 pr
Slide 20: Digital Business
Digital Business Indian Language Internet Users are the PRESENT and the FUTURE ● The next wave of 200 Million internet users will be Indian language users ● 60% of the Indian Language internet users are Hindi ● Indian Mobile Internet Users form 90% of the Indian internet users *Source: Indian Langua
Slide 21: Focused, Strong Brands For Digital Audiences
Focused, Strong Brands For Digital Audiences Dainikbhas Fashion10 kar.com Divyabhas 1.in kar.co.in Jeevanma Divyamara ntra.in thi.com Bollywood Dbcric.co m 11 Portals bhaskar.co m 2 APPS Food.bhas Moneybha kar.com skar.com Dainik Gadgets.b Bhaskar haskar.co Mobile m Divya APP Homeonlin Bhaskar e.com
Slide 22: Digital Snapshot
Digital Snapshot • Digital Revenue (Rs. mn) 529 460 161 57 FY 2012 FY 2014 FY 2016 FY 2018 • Unique Visitors (UV) for the month of Mar 2018 were 74.3 mn1 • Page Views (PV) for the month of Mar 2018 were 1.1 bn1 • Mobile applications: 12.3 mn app downloads for Dainik Bhaskar & Divya Bhaskar • www.bha
Slide 23: Radio Business
Radio Business Launched in 2006, 94.3 MY FM operates from 30 stations in 7 states 94.3 MY FM continues to be no.1. in markets of Madhya Pradesh, Chhattisgarh and Rajasthan and largest network in Chandigarh, Punjab and Haryana. Consolidating presence in line with strategy to be market leader in
Slide 24: Current Initiatives during Q4 FY 2018
Current Initiatives during Q4 FY 2018 Unique, high energy radio activation that resulted into stronger audience engagement: Taal Namah Shivay, Launched Irshad Kamil Kisme Kitna Hai Dum (in Weekly Show – band created Surat, Rajkot), 8 new songs for MY FM launched & unveiled first on Dil Wali Deewar (
Slide 25: Radio Snapshot
Radio Snapshot Total Revenue (Rs. mn) 1358 1076 801 555 330 362 FY 2012 FY 2014 FY 2016 FY 2018 Q4 Q4 FY 2017 FY 2018 EBIDTA Revenue (Rs.mn) & its Margin (%) 400 318 362 124 37% 27% 116 40% 80 22% 24% 32% FY 2012 FY 2014 FY 2016 FY 2018 Q4 Q4 FY 2017 FY 2018 25
Slide 26: Robust Growth in Profits
Robust Growth in Profits Strong Focus on ROCE & RONW Low Debt Exposure High Net worth & Strong Balance Sheet bad S eS DB Corp Lid | dfteurewz a fecéi ararct ey Ggoicrat *homeonlinecom ae &. 26
Slide 27: Proven Track Record of Topline & Bottom Line Growth (contd.)
Proven Track Record of Topline & Bottom Line Growth… (contd.) Advertisement Revenue (Rs. mn) 16425 14178 14812 11281 8085 6490 3567 3861 FY 2008 FY 2010 FY 2012 FY 2014 FY 2016 FY 2018 Q4 Q4 FY 2017 FY 2018 Total Revenue (Rs. mn) 23522 18836 20800 14755 10741 8627 5222 5745 FY 2008 FY 2010 FY 2012 F
Slide 28: Proven Track Record of Topline & Bottom Line Growth
Proven Track Record of Topline & Bottom Line Growth EBIDTA Revenue (Rs. mn) & its Margin (%) 5627 5875 5241 3541 3604 1829 27% 24% 28% 25% 1173 1051 33% 21% FY 2008 FY 2010 FY 2012 FY 2014 FY 2016 FY 2018 Q4 Q4 FY 2017 FY 2018 PAT (Rs. mn) & its Margin (%) 3066 2966 3240 1828 2021 751 14% 642 571 14
Slide 29: Healthy Operating Profit In Our Mature Market
Healthy Operating Profit In Our Mature Market Rs MN Q4 (FY16-17) Q4 (FY17-18) Annual (FY 16-17) Annual (FY 17-18) Particulars Matured Matured Matured Matured Print / Emerging DBCL Print / Emerging DBCL Print / Emerging DBCL Print / Emerging DBCL Radio / Business* Standalone Radio / Business* Standal
Slide 30: Strong Balance Sheet & Financial Ratios
Strong Balance Sheet & Financial Ratios Return on Capital Employed 35% 34% 33% 28% 30% 27% 24% FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 Return on Net Worth 27% 25% 22% 21% 21% 24% 17% FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 30
Slide 31: Financial Summary
Financial Summary Quarter Ended Particulars (INR million) 15-Mar 16-Mar 17-Mar 18-Mar Q4 FY17 Q4 FY18 Growth % Advertising Income 15166 14812 15973 16425 3567 3861 8.2% Circulation Revenue 3755 4356 4814 5145 1217 1320 8.5% Total Income 20353 20735 22750 23522 5222 5745 10.0% Newsprint (6479) (6186)
Slide 32: Board Of Directors
Board Of Directors Sudhir Agarwal 27 years of experience in the publishing and newspaper business Managing Director responsible for its long-term vision, business planning and performance monitoring Pawan Agarwal 13 years of experience in the publishing business Deputy Managing Director Head
Slide 33: For more information, please visit our website www.bhaskarnet.com
For more information, please visit our website www.bhaskarnet.com VALUES – Trendsetting | Result-oriented | Analytical | Connected 33