Jagran Prakashan Limited · NSE:JAGRAN
Jagran Prakashan — Q4 FY21 Earnings Presentation
29 slides from Jagran Prakashan's earnings presentation, May 31, 2021
Slide 1: Intimation to Stock Exchange - Investor Presentation
THE W O RLD 'S LA RG EST REA D DA ILY Jagran May 31, 2021 To, Manager-CRD, BSE Ltd., Scrip Code: 532705 Phiroze Jeejeebhoy Towers, ISIN No.: INEl99GOI027 Dalal Street, Mumbai-40000 I Listing Manager, National Stock Exchange of India Ltd., Symbol: JAGRAN 'Exchange Plaza', Bandra Kurla Complex, ISIN N
Slide 2: Q4FY21 Result Presentation
Jagran Prakashan Limited Q4FY21 Result Q1FY17Presentation Result Presentation 1
Slide 3: 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 4: Comment from Chairman and Managing Director
Comment from Chairman and Managing Director “While commenting on the results for Q3FY21, I was quite hopeful that the pandemic was nearing the end at least in India. Second wave and its intensity in particular shook all of us impacting the businesses once again in an unprecedented manner and pushing
Slide 5: Group Key Highlights
Group Key Highlights Cost Savings help Protect YoY growth in Volumes Digital reports YoY and Gradual Scaling Up of Operating Margins outperforming the QoQ growth in Topline Operations Industry and Operating Profits • Increase in volumes for • YoY 11% growth in • Digital reported growth • Recorded po
Slide 6: Business Performance
Business Performance Due to Covid-19, the figures do not represent normal quarter/operations and are not strictly comparable with last year or preceding quarter 5
Slide 7: Dainik Jagran – Operating Highlights
Dainik Jagran – Operating Highlights OPERATING REVENUE OPERATING PROFIT 22.5% -4.3% 22.7% 41.0% 28.6% 305 113 274 277 79 196 69 140 44 There was an incremental increase in volumes for Dainik Jagran in Q4FY21 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 -6 Prudent cost measures have played a major part Q4FY20
Slide 8: Print Business Performance
Print Business Performance ADVERTISMENT REVENUE CIRCULATION REVENUE 261 99 239 235 87 79 84 Print industry recovery was halted due to 73 154 the outbreak of the 2nd wave of covid 86 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 OPERATING PROFIT PROBIT BEFORE TAX 16.7% -10.5%
Slide 9: Cost Savings have helped operating margins
Cost Savings have helped operating margins Cost of Raw Material Other Expense 195 181 -10% 180 176 164 160 162 158 156 158 13 140 143 -28% 29 123 38 97 84 89 81 71 151 68 60 127 102 Q3FY19 Q4FY19 Q1FY20 Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q3FY19 Q4FY19^ Q1FY20 Q2FY20 Q3FY20 Q4FY20* Q1FY
Slide 10: MBL: Operating Performance
MBL: Operating Performance OPERATING REVENUE OPERATING PROFIT^ 43% of the total clients on YoY 11% growth in volumes 46 9 the Radio platform advertised for Q4 FY21 42 on Radio City Highest in the 41 Industry 5 30 Operating Cost saving of Rs. Even during non festive period, 0 52Cr for FY21 volumes in
Slide 11: Digital Business Performance
Digital Business Performance The digital business under OPERATING REVENUE OPERATING PROFIT Jagran New Media (JNM) grew by 12% YoY to reach 14 4 of 82 Million Users in the 13 13 Digital reported growth in News/Information category. 11 Operating revenues as well 9 Jagran.com consolidates it 2 as Opera
Slide 12: Outdoor and Events Business Performance
Outdoor and Events Business Performance The performance is improving on a OPERATING REVENUE OPERATING PROFIT quarterly basis but still below pre-covid levels 24 24 1 20 Reported operating profit for the 10 -2 -2 -3 1st time this year 3 -4 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q3FY20 Q1FY21 Q2FY21 Q3FY2
Slide 13: Mid-Day Operating Performance
Mid-Day Operating Performance* ADVERTISMENT REVENUE CIRCULATION REVENUE 12 4 Closure of peer has resulted in increase of 8 3 market share 7 3 2 4 1 2 Q4FY20 Q1 FY21 Q2 FY21 Q3FY21 Q4FY21 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Break-even at Circulation level OPERATING PROFIT PROFIT BEFORE TAX -1 -1 -3 -3
Slide 14: Other Publications Operating Performance
Other Publications Operating Performance ADVERTISMENT REVENUE CIRCULATION REVENUE 43 18 39 34 15 14 29 12 9 14 Q4FY20 Q1 FY21 Q2 FY21 Q3 FY21 Q4FY21 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 I-next and Nai Dunia continue to do well and generate healthy operating profit while Inquilab and Punjabi Jagran hav
Slide 15: Financial Performance
Financial Performance Due to Covid-19, the figures do not represent normal quarter/operations and are not strictly comparable with last year or preceding quarter 14
Slide 16: Distribution to Shareholders
Distribution to Shareholders Dividend Paid Buyback Total Distribution to Shareholders 125 351 458 112 107 302 415 230 105 101 101 FY18 FY19 FY20 FY18 FY19 FY20 FY21* FY18 FY19 FY20 FY21* Distributed ~ Rs. 859 crores through Distributed ~ Rs. 1,204 crores in form of Distributed ~ Rs. 345 crores as di
Slide 17: Mid-day Financial Performance
Mid-day Financial Performance Particulars (Rs. in Crs) Q4FY21 Q3FY21 Q4FY20 Operating Revenue* 10.24 10.94 16.58 Advertisement 7.08 7.89 11.92 Circulation 2.77 2.53 3.93 Other Operating Income 0.39 0.52 0.73 Expenses ** 11.36 11.70 20.79 Operating Profit -1.12 -0.76 -4.21 Operating Profit Margin -10
Slide 18: MBL Financial Performance
MBL Financial Performance Particulars (Rs. in Crs) Q4FY21 Q3FY21 Q4FY20 Operating Revenue 42.48 40.67 45.87 Expenses 39.58 36.51 51.17 Operating Profit 2.90 4.16 -5.30 Operating Profit Margin 6.82% 10.22% -11.55% Other Income 2.26 5.02 3.87 Depreciation 8.21 8.24 8.63 Interest 0.73 0.83 2.05 Profit
Slide 19: Operating Margin Break-up
Operating Margin Break-up Particulars (Rs. in Crs) Q4FY21 Q3FY21 Q4FY20 Dainik Jagran* Operating Revenue 277.34 274.26 304.87 Operating Profit 79.39 112.51 68.73 Operating Margin 28.63% 41.02% 22.54% Other Publications* Operating Revenue 50.52 54.03 62.38 Operating Profit 5.91 12.33 -6.41 Operating
Slide 20: Consolidated Profitability Statement
Consolidated Profitability Statement Particulars (Rs. in Crs) Q4FY21 Q4FY20 YoY Q3FY21 QoQ FY21 FY20 YoY Revenues 406.4 445.6 -9% 402.6 1% 1,289.2 2,097.3 -39% Advertisement Revenue * 289.5 99.1 292.7 886.0 1,521.3 Circulation Revenue 87.1 316.1 84.3 324.8 422.3 Others 29.8 30.4 25.7 78.5 153.7 Lice
Slide 21: Consolidated Balance Sheet
Consolidated Balance Sheet ASSETS (Rs. In Cr) Mar-21 Mar-20 EQUITY AND LIABILITIES (Rs. In Cr) Mar-21 Mar-20 Non-Current Assets 2,043.7 1,723.6 Equity and Liabilities 2,215.3 2,148.5 Property, plant and equipment incl. CWIP 443.4 505.5 Right to use assets 61.6 71.4 Equity share capital 55.6 56.2 Inv
Slide 22: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement st st In Rs. Crs Full Year ended 31 Mar 2021 Full Year ended 31 Mar 2020 Profit before tax 107.2 285.8 Adjustments 149.8 197.0 Operating Profit Before Working Capital Changes 256.9 482.8 Change in operating assets and liabilities 132.2 3.7 Cash generated from operati
Slide 23: Group Introduction
Group Introduction Group Introduction
Slide 24: Value Proposition
Value Proposition PRINT RADIO DIGITAL Print Non Print Undisputed LEADER: Strong GROWTH FASTEST growing RIGHT mix of stability Potential: media: and scalability: ✓ Dainik Jagran leads the IRS 2019 ✓ Achieved Operating Profit for Q4 rankings with a total ✓ Print Business continues to ✓ Reaping benefit
Slide 25: Jagran Today
Jagran Today Print Digital Radio Jagran Prakashan Limited holds 73.21% of Music Broadcast Limited Activation OOH (RadioCity) 24
Slide 26: Multi Media Conglomerate – Width, Depth and Heritage
Multi Media Conglomerate – Width, Depth and Heritage Two #1* Print India’s Largest* 86+ mn* Dailies, Dainik Jagran Readers (Hindi) and Inquilab read daily- Dainik (Urdu) Jagran Amongst Top 10 News / Information 10 Category Publications 15 Digital Media Portals 5 Business Verticals Leading website Tr
Slide 27: Brand Strength – Stability, Consistency and Trust
Brand Strength – Stability, Consistency and Trust PRINT BUSINESS DIGITAL BUSINESS RADIO BUSINESS jagran.com 26
Slide 28: Awards & Certifications
Awards & Certifications Recognizing Group’s leadership position in different fields of operations, various distinguished bodies have bestowed 33 Awards upon the Group during the year Dainik Jagran Radio City won won 10 Awards 6 Awards Inext won 4 Midday won 4 Awards Awards Jagran New Media won 1 Jag
Slide 29: Contact Us
Contact Us Jagran Prakashan Ltd. Strategic Growth Advisors Pvt. Ltd. CIN: L22219UP1975PLC004147 CIN: U74140MH2010PTC204285 Mr. Amit Jaiswal Ms. Jigar Kavaiya amitjaiswal@jagran.com Contact: +91 9920602034, Email: jigar.kavaiya@sgapl.net www.sgapl.net www.jplcorp.in