Slide 1: Cover letter to stock exchanges
HT MEDIA LIMITED Regd. Office: Hindustan Times House 18-20. Kasturba Gandhi Marg New Delhi - 110001 Tei.· 66561234 Fax: 66561270 www. hind usta ntimes. com E-mail corporntedept(@hindustantirr:es.com CIN: L22121DL2002PLC117874 HTML/CSi02/2019 4 th November, 2019 BSE Limited The National Stock Exchang
Slide 2: HT Media Group Q2 FY 2019-20 Consolidated Financial Results
HT MEDIA GROUP Q2 FY 2019-20 Consolidated Financial Results 1
Slide 3: Cautionary Statements
Cautionary Statements Certain statements in this presentation may be forward-looking statements. Such forward looking statements are subject to risks and uncertainties like regulatory changes, local political and economic developments, technological risks and many other factors that could cause our
Slide 4: Chairperson's Message
Chairperson’s Message “Slowing economic growth has hit advertising spends in key categories, putting pressure on revenues across the media industry. As a result, our Print and Radio (on like to like basis) businesses saw revenues dip as compared to a year-ago. However, thanks to lower commodity pric
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 Annexures 18 4
Slide 6: Consolidated Performance
CONSOLIDATED PERFORMANCE ZHT
Slide 7: Consolidated Financial Summary
Consolidated Financial Summary CONSOLIDATED PERFORMANCE KEY HIGHLIGHTS Particulars (Rs Cr) Q2'19 Q2'20 Change % Consolidated Total Revenue for Q2’20 at Rs 580 Cr (increase of 2% Vs last year) Total Revenue 571 580 9 2% EBITDA for Q2’20 increased by 139%, and margins at 14% vis-à-vis 6% in previo
Slide 8: Business Unit Performance
BUSINESS UNIT PERFORMANCE ZHT
Slide 9: Print / Print – English / Print – Hindi / Radio
PRINT PRINT – ENGLISH PRINT – HINDI RADIO 8
Slide 10: Print
Print FINANCIAL PERFORMANCE Particulars (Rs Cr) Q2'19 Q2'20 Change % Ad Revenue 363 342 -21 -6% Circulation Revenue 72 66 -5 -7% Operating Revenue 452 438 -14 -3% Operating EBITDA 8 48 40 516% Op EBITDA margin (%) 2% 11% KEY DRIVERS - Ad revenue decline due to sluggish volumes, even as yields improv
Slide 11: Print / Print – English / Print – Hindi / Radio
PRINT PRINT – ENGLISH PRINT – HINDI RADIO 10
Slide 12: Print – English
Print – English AD REVENUE (RS CR) CIRCULATION REVENUE (RS CR) -6% -8% 216 203 18 17 Q2'19 Q2'20 Q2'19 Q2'20 REVENUE DRIVERS + Growth in Ad yields during the quarter, although volumes were muted + Local advertising spends witnessed growth + In terms of categories, BFSI, Real Estate and Auto showed g
Slide 13: Print / Print – English / Print – Hindi / Radio
PRINT PRINT – ENGLISH PRINT – HINDI RADIO 12
Slide 14: Print – Hindi
Print – Hindi AD REVENUE (RS CR) CIRCULATION REVENUE (RS CR) -6% -7% 147 139 54 50 Q2'19 Q2'20 Q2'19 Q2'20 REVENUE DRIVERS + Ad yield displaying growth; revival in Local advertising + Circulation revenue remained flat on sequential basis - Ad spend softness in key categories such as Auto, FMCG, Reta
Slide 15: Print / Print – English / Print – Hindi / Radio
PRINT PRINT – ENGLISH PRINT – HINDI RADIO 14
Slide 16: Radio
Radio FINANCIAL PERFORMANCE Particulars (Rs Cr) Q2'19 Q2'20 Change % Operating Revenue 47 59 13 27% Operating EBITDA 16 12 -3 -22% Op EBITDA margin (%) 34% 21% PERFORMANCE DRIVERS - Operating performance impacted by soft advertising environment - Softness in key categories such as Government, Real E
Slide 17: Q&A Dial-in number for Q&A
Q&A Dial-in number for Q&A +91 22 6280 1202 +91 22 7115 8103 16
Slide 18: HT Media Group investor contacts
HT Media Group Hindustan Times House, 2nd Floor, 18-20, Kasturba Gandhi Marg New Delhi – 110001, India Anna Abraham Amit Madaan Sankalp Raghuvanshi IR@hindustantimes.com +91 11 6656 1605 Saket Somani Ravi Gothwal htmedia@churchgatepartners.com +91 22 6169 5988 17
Slide 19: Annexures
ZHT ANNEXURES 18
Slide 20: Consolidated P&L – HT Media Ltd
Consolidated P&L – HT Media Ltd Particulars (Rs Cr) Q2'19 Q2'20 YoY (%) Total Revenue 571 580 2% Raw Materials & change in inventory 188 140 -25% Employee Cost 99 113 14% Other expenses 250 246 -2% EBITDA 34 81 139% Margin (%) 6% 14% 8% PAT -44 -22 51% Margin (%) -8% -4% 4% 19
Slide 21: Consolidated Balance Sheet – HT Media Ltd
Consolidated Balance Sheet – HT Media Ltd Particulars (Rs Cr) As at 31 Mar'19 As at 30 Sep'19 ASSETS Non- current assets Financial assets 1,151 1,490 Property, plant and equipment 548 487 Others 1,003 1,450 Total non-current assets 2,702 3,427 Current assets Inventories 163 148 Financial assets 2,01
Slide 22: Consolidated P&L – Hindustan Media Ventures Ltd
Consolidated P&L – Hindustan Media Ventures Ltd Particulars (Rs Cr) Q2'19 Q2'20 YoY (%) Total Revenue 227 222 -2% Raw Materials & change in inventory 99 70 -30% Employee Cost 27 32 18% Other expenses 71 71 0% EBITDA 30 50 67% Margin (%) 13% 22% 9% PAT 13 20 55% Margin (%) 6% 9% 3% 21
Slide 23: Consolidated Balance Sheet – Hindustan Media Ventures Ltd
Consolidated Balance sheet – Hindustan Media Ventures Ltd Particulars (Rs Cr) As at 31 Mar'19 As at 30 Sep'19 ASSETS Non- current assets Financial assets 583 844 Property, plant and equipment 200 169 Others 118 171 Total non-current assets 901 1,185 Current assets Inventories 44 44 Financial assets
Slide 24: Highlights of IRS Q2 2019
ZHT HIGHLIGHTS OF IRS Q2 2019 23
Slide 25: IRS Results – Leading Presence in Largest English Markets
IRS Results – Leading Presence in Largest English Markets 1 • No. 1 in Delhi with readership of 11 lacs Delhi 1 • No. 1 in Delhi-NCR for 17th time in a row • Undisputed leader with 17 lac readers Delhi-NCR 1 No. 1 in Punjab (incl. Chandigarh) Punjab (incl. Chandigarh) 2 No. 2 Business daily in I
Slide 26: IRS Results – Hindustan Continues to be a Strong Player in its Markets
IRS Results – Hindustan Continues to be a Strong Player in its Markets 1 Bihar • AIR of 48 lacs 2 UP • AIR of 83 lacs 1 Uttarakhand • AIR of 7 lacs 2 Jharkhand • AIR of 11 lacs 2 Delhi • AIR of 7 lacs Source : IRS Q2 2019 details are based on Average Issue Readership (AIR) for Main only, unless othe