Ht Media Limited · NSE:HTMEDIA
Ht Media — Q2 FY2025 Earnings Presentation
25 slides from Ht Media's earnings presentation, Oct 29, 2024
Slide 1: Exchange filing cover letter for results presentation
29th October, 2024 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street Bandra-Kurla Complex, Bandra (E) Mumbai - 400 001 Mumbai - 400 051 Scrip Code: 532662 Trading Symbol: HTMEDIA Sub: Presentation on the Un-Audited Financial Re
Slide 2: HT Media Group Q2 FY2024-25 Consolidated Results
HT MEDIA GROUP Q2 FY2024-25 Consolidated Results
Slide 3: Cautionary Statements
Cautionary Statements Certain statements in this presentation may be forward-looking. Such forward looking statements are subject to risks and uncertainties like regulatory changes, local political and economic developments, technological risks, geo-political macro changes and many other factors tha
Slide 4: Chairperson's Message
Chairperson’s Message “The second quarter of the current fiscal saw an improvement in the overall performance of your Company. Our revenue grew and operating profitability increased. This performance can be attributed to our focused efforts on pricing, cost management and efficiency as well as a con
Slide 5: Table of Contents
Table of Contents PARTICULARS SLIDE NO. Consolidated Performance 5 Business Unit Performance 7 Print 8 Print – English 10 Print – Hindi (HMVL) 12 Radio 14 Digital 16 Annexures 20 4
Slide 6: Consolidated Performance
CONSOLIDATED PERFORMANCE =HHT
Slide 7: Consolidated Financial Summary
Consolidated Financial Summary ▪ Strong revenue growth on sequential as well as annual basis ▪ Substantial improvement in EBITDA ▪ Positive cashflow during the quarter in INR crore Particulars Q2FY24 Q2FY25 YoY Q1FY25 QoQ Total Revenue 427 479 12% 427 12% 1 EBITDA (1) 33 nm 7 345% EBITDA margin (%)
Slide 8: Business Unit Performance
BUSINESS UNIT PERFORMANCE =HHT
Slide 9: Print
PRINT PRINT – ENGLISH PRINT – HINDI RADIO DIGITAL 8
Slide 10: Print
Print ▪ Improvement in Print segment operating revenue led by advertising revenue on a y-o-y as well as q-o-q basis ▪ Resultant impact on profitability in INR crore Particulars Q2FY24 Q2FY25 YoY Q1FY25 QoQ Ad Revenue 244 252 3% 219 15% Circulation Revenue 61 55 -10% 55 0% Operating Revenue 324 334 3
Slide 11: Print – English
PRINT PRINT – ENGLISH PRINT – HINDI RADIO DIGITAL 10
Slide 12: Print – English
Print – English ▪ Advertising revenue improved y-o-y, basis commercial revenue and q-o-q, basis better volume in Govt. segment • Growth on a y-o-y basis seen across key commercial categories except BFSI, Industrial and Tourism ▪ Circulation revenue rose sequentially aided by higher copies in INR cro
Slide 13: Print – Hindi
PRINT PRINT – ENGLISH PRINT – HINDI RADIO DIGITAL 12
Slide 14: Print – Hindi
Print – Hindi ▪ Marginal decline in advertising revenue on a y-o-y basis, however, sequential improvement due to better yield and volume traction • Growth on a y-o-y basis seen across key commercial categories except Retail, FMCG and Industrial ▪ Decline in circulation revenue on a sequential and an
Slide 15: Radio
PRINT PRINT – ENGLISH PRINT – HINDI RADIO DIGITAL 14
Slide 16: Radio
Radio ▪ Operating revenue remains flat, with a drop in operating margins in INR crore Particulars Q2FY24 Q2FY25 YoY Q1FY25 QoQ Operating Revenue 35 35 -1% 36 -2% Operating EBITDA 1 (3) nm (0) nm Op EBITDA Margin (%) 3% -9% -1% ‘nm’ refers to not meaningful 15
Slide 17: Digital
PRINT PRINT – ENGLISH PRINT – HINDI RADIO DIGITAL 16
Slide 18: Digital
Digital ▪ Strong y-o-y growth in Digital segment across underlying businesses – especially in OTTplay ▪ Operating losses on account of investment in OTTplay in INR crore Particulars Q2FY24 Q2FY25 YoY Q1FY25 QoQ Operating Revenue 36 56 54% 47 19% Operating EBITDA (21) (23) nm (25) nm Op EBITDA Margin
Slide 19: Q&A
Q&A 1. To ask a question, Click on “Raise Hand” 2. On your turn, click on “Unmute Myself” 3. Ask your question 18
Slide 20: HT Media Group contact details
HT Media Group Hindustan Times House, 18-20, Kasturba Gandhi Marg, New Delhi – 110001, India Anna Abraham Aaditya Mulani IR@hindustantimes.com Anvita Raghuram htmedia@churchgatepartners.com 19
Slide 21: Annexures
ANNEXURES 20
Slide 22: Consolidated P&L – HT Media Ltd
Consolidated P&L – HT Media Ltd in INR crore Particulars Q2FY24 Q2FY25 YoY Q1FY25 QoQ Operating Revenue 394 424 8% 379 12% Other Income 33 56 68% 49 14% Total Revenue 427 479 12% 427 12% Raw Materials & Change in Inventory 125 100 -20% 98 2% Employee Cost 101 109 8% 113 -3% Other expenses 201 237 18
Slide 23: Consolidated Balance Sheet – HT Media Ltd
Consolidated Balance Sheet – HT Media Ltd in INR crore As at 31 Mar'24 Particulars As at 30 Sep'24 ASSETS Non- current assets 981 Financial assets 682 919 Property, plant and equipment 874 362 Others 372 2,263 Total non-current assets 1,928 Current assets 176 Inventories 192 1,496 Financial assets 1
Slide 24: Consolidated P&L – Hindustan Media Ventures Ltd
Consolidated P&L – Hindustan Media Ventures Ltd in INR crore Particulars Q2FY24 Q2FY25 YoY Q1FY25 QoQ Operating Revenue 165 172 5% 162 6% Other Income 22 36 64% 27 34% Total Revenue 187 208 12% 189 10% Raw Materials & Change in Inventory 64 48 -24% 50 -4% Employee Cost 41 45 10% 46 -2% Other expense
Slide 25: Consolidated Balance Sheet – Hindustan Media Ventures Ltd
Consolidated Balance Sheet – Hindustan Media Ventures Ltd in INR crore As at 31 Mar'24 Particulars As at 30 Sep'24 ASSETS Non- current assets 685 Financial assets 450 335 Property, plant and equipment 333 124 Others 122 1,144 Total non-current assets 905 Current assets 49 Inventories 61 976 Financia