Ht Media Limited · NSE:HTMEDIA
Ht Media — Q3 FY2021 Earnings Presentation
21 slides from Ht Media's earnings presentation, Jan 19, 2021
Slide 1: Cover letter to BSE and NSE on Q3 results presentation
HT MEDIA LIMITED Regd. Office : Hindustan Times House 18-20, Kasturba Gandhi Marg New Delhi - 110001 Tel.: 66561234 Fax : 66561270 www.hindustantimes.com E-mail : corporatedept@hindustantimes.com CJN. L22121DL2002PLC117874 Ref: HTML/CS/02/2020 19th January, 2021 BSE Limited The National Stock Exchan
Slide 2: HT Media Group Q3 FY 2020-21 Consolidated Financial Results
HT MEDIA GROUP Q3 FY 2020-21 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 “The third quarter saw continued recovery in economic activity, with demand moving up from the lows seen during the lockdown. As a result of this and the festive season, ad spends saw some uptick during the quarter. We have witnessed sequential improvement in ad revenues across
Slide 5: Table of Contents
Table of Contents PARTICULARS SLIDE NO. Consolidated Performance Q3 20-21 5 Business Unit Performance Q3 20-21 7 Print 8 Print – English 10 Print – Hindi (HMVL) 12 Radio 14 Annexures 18 4
Slide 6: Consolidated Performance Q3 2020-21
CONSOLIDATED PERFORMANCE Q3 2020-21 5
Slide 7: Consolidated Financial Summary
Consolidated Financial Summary CONSOLIDATED PERFORMANCE KEY HIGHLIGHTS Total Revenue Particulars (Rs Cr) Q3'20 Q3'21 YoY Q2'21 QoQ o Decline of 38% over last year Total Revenue 628 392 -38% 302 30% consequent to COVID-19 o Growth of 30% sequentially EBITDA 110 59 -47% -16 477% though due to reviva
Slide 8: Business Unit Performance Q3 2020-21
BUSINESS UNIT PERFORMANCE Q3 2020-21 7
Slide 9: Print
PRINT PRINT – ENGLISH PRINT – HINDI RADIO 8
Slide 10: Print
Print FINANCIAL PERFORMANCE Particulars (Rs Cr) Q3'20 Q3'21 YoY Q2'21 QoQ Ad Revenue 379 236 -38% 162 46% Circulation Revenue1 71 47 -34% 45 5% Operating Revenue 495 289 -42% 225 28% Operating EBITDA 82 18 -78% -4 577% Op EBITDA margin (%) 17% 6% -2% 1Circulation revenue excludes impact of copy book
Slide 11: Print – English
PRINT PRINT – ENGLISH PRINT – HINDI RADIO 10
Slide 12: Print – English
Print – English AD REVENUE (RS CR) CIRCULATION REVENUE1 (RS CR) YoY QoQ YoY QoQ -47% +56% -76% +17% 226 119 18 4.2 76 3.6 119 4 Q3'20 Q3'21 Q2'21 Q3'21 Q3'20 Q3'21 Q2'21 Q3'21 1Circulation revenue excludes impact of copy booking cost REVENUE DRIVERS + Improvement in Ad volumes across national and lo
Slide 13: Print – Hindi
PRINT PRINT – ENGLISH PRINT – HINDI RADIO 12
Slide 14: Print – Hindi
Print – Hindi AD REVENUE (RS CR) CIRCULATION REVENUE1 (RS CR) YoY QoQ YoY QoQ -23% +36% -20% +3% 53 153 117 42 41 42 117 86 Q3'20 Q3'21 Q2'21 Q3'21 Q3'20 Q3'21 Q2'21 Q3'21 1Circulation revenue excludes impact of copy booking cost REVENUE DRIVERS + Ad volume growth led by festive spends along with el
Slide 15: Radio
PRINT PRINT – ENGLISH PRINT – HINDI RADIO 14
Slide 16: Radio
Radio FINANCIAL PERFORMANCE Particulars (Rs Cr) Q3'20 Q3'21 YoY Q2'21 QoQ Operating Revenue 50 27 -45% 15 78% Operating EBITDA 6 -16 -17 PERFORMANCE DRIVERS - Decline in YoY Op Revenue and Op EBITDA as the industry is struggling post COVID-19 pandemic - Continued pressure on Ad yields + Sequential O
Slide 17: 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 16
Slide 18: HT Media Group contact details
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 Saket Somani Ravi Gothwal htmedia@churchgatepartners.com 17
Slide 19: Annexures
ENHT ANNEXURES 18
Slide 20: Consolidated P&L – HT Media Ltd
Consolidated P&L – HT Media Ltd Particulars (Rs Cr) Q3'20 Q3'21 YoY Q2'21 QoQ Operating Revenue 569 341 -40% 261 31% Other Income 59 51 -14% 42 22% Total Revenue 628 392 -38% 302 30% Raw Materials & change in inventory 146 74 -49% 58 27% Employee Cost 109 88 -20% 80 9% Other expenses 263 171 -35% 18
Slide 21: Consolidated P&L – Hindustan Media Ventures Ltd
Consolidated P&L – Hindustan Media Ventures Ltd Particulars (Rs Cr) Q3'20 Q3'21 YoY Q2'21 QoQ Operating Revenue 208 163 -22% 131 24% Other Income 28 31 13% 24 31% Total Revenue 236 194 -18% 155 25% Raw Materials & change in inventory 71 48 -32% 41 18% Employee Cost 31 36 18% 32 13% Other expenses 77