Music Broadcast Ltd. · NSE:RADIOCITY
Music Broadcast — Q2 FY2023-24 Earnings Presentation
19 slides from Music Broadcast's earnings presentation, Oct 26, 2023
Slide 1: Exchange filing cover letter for investor presentation
October 26, 2023 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor Corporate Relationship Department Plot No. C/1, G Block; Bandra (East) Phiroze Jeejeebhoy Towers Mumbai 400 051 Dalal Street; Fort, Mumbai 400 001 EquityScrip Code RADIOCITY Equity Scrip Code 540366 ISIN
Slide 2: Music Broadcast Limited Investor Presentation Q2 FY23-24
ro a d c a s t L B c estor Presen im i tat s nv Q2 FY23-24 on i i te Mu I d
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Music Broadcast 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 secur
Slide 4: Key Highlights – Q2FY24
Key Highlights – Q2FY24 Radio City ▪ Recorded EBITDA growth of 36% on YoY basis for Q2 FY24 ▪ 39% of the total clients on the Radio platform advertised on Radio City ▪ 33% of New clients on Radio platform advertised on Radio City ▪ Liquidity position as on September 30, 2023 of Rs. 305 Crores Radio
Slide 5: DAVP Rate Revision for FM Radio Stations
DAVP Rate Revision for FM Radio Stations The Rates have been revised after a gap of 7 years basis IRS 2019 wherein Base rate have been increased by approximately 50% to 60% New DAVP Rates for release of Increase in DAVP rates has come at an appropriate time with 6 months Government Advertising to go
Slide 6: Key Numbers for Q2 & H1FY24
Key Numbers for Q2 & H1FY24 Figures (Rs. in Cr) Revenue EBITDA Adjusted PAT* 8% 2,126% 36% 52.4 12.1 2.3 48.6 8.9 Q2FY24 0.1 Q2FY23 Q2FY24 Q2FY23 Q2FY24 Q2FY23 Q2FY24* 14% 41% 4,442% 105.5 24.8 5.1 92.8 17.6 H1FY24 0.1 H1FY23 H1FY24 H1FY23 H1FY24 H1FY23 H1FY24* *Q2FY24 & H1FY24 PAT Adjusted for Inte
Slide 7: Market Shares
Market Shares Radio City Peer 1 Peer 2 19% 19% 18% 18% 18% 18% 21% 21% 21% 18% 18% 20% Q2 FY23 H1 FY23 Q2 FY24 H1 FY24 Q2 FY23 H1 FY23 Q2 FY24 H1 FY24 Q2 FY23 H1 FY23 Q2 FY24 H1 FY24 Radio City’s Market share is 19% in Q2 FY24 compared to 18% in Q2 FY23 Source: Aircheck 15 Markets
Slide 8: Key Initiatives
Key Initiatives Government National Proactive Pitches IPs Digital First Regional Integrations Properties Big Ticket Show Local Content Integration Sponsorship Initiatives • 36% Revenue Garnered from Created Businesses - Properties, Proactive pitches, Digital, Sponsorships & Special days • H1FY24 Dig
Slide 9: Radio Industry – Q2FY24 Category Trend
Radio Industry – Q2FY24 Category Trend Radio Categories Food & Real Estate Pharma Auto Finance Government Drinks Contribution Volume 21% 11% 9% 6% 6% 6% Growth (YOY) Volume Growth 40% 30% 56% -26% 21% 12% Source: Aircheck 15 Markets
Slide 10: Radio City Programming & Digital Initiatives
Radio City Programming & Digital Initiatives
Slide 11: Programming & Marketing Initiatives
Programming & Marketing Initiatives Super Singer15 Cricket ka Blockbuster Radio City Icon Awards Enriching its legacy as the largest singing Indian Cricket Legend Sanjay Manjrekar platform, RCSS Season 15, is proud to onboard as host for Radio City’s ‘Nissan Cricket ka Radio City recognizes and cele
Slide 12: Programming & Marketing Initiatives
Programming & Marketing Initiatives
Slide 13: Activations & Integrations
Activations & Integrations cr -) City cha Bappa - Pandal Activations . al L* GN | Sere #TOUCHMENOT #TouchMeNot was an activity to create awareness about women safety while travelling in shared autos. We associated with the Auto rickshaw union to reach out to the masses and featured stories from vari
Slide 14: Digital Initiatives
Digital Initiatives Digital Digital reach of 487 Mn through social media apps like Rank #1 Rank #2 Rank #3 Rank #4 Highlights Youtube, Facebook, Twitter, 4.1 Mn 335.6 K 363 K 1.4 Mn Instagram and Web Radio LIC HMSI Kedia Real Estate LIC and India’s friendship were Promoted client’s product & variant
Slide 15: Q2FY24: Digital Content Key Accomplishments
Q2FY24: Digital Content Key Accomplishments ❖ #Spotted videos with the highest ❖ Our YouTube revenue has grown being Yuvraj Singh’s video. by a significant 13% compared to 340K Likes | 17.4M Reach | 8.9M Q1 views ❖ In September, our Radio City ❖ RJ Raashi for ‘Saundrya’ Kannada Page saw a remarkable
Slide 16: Profit and Loss Statement
Profit and Loss Statement Particulars (Rs. in Cr) Q2FY24 Q2FY23 YoY Q1FY24 QoQ H1FY24 H1FY23 YoY Revenue 52.4 48.6 8% 53.0 -1% 105.5 92.8 14% Other Income 5.7 4.8 5.6 11.4 9.3 Total Income 58.2 53.5 9% 58.7 -1% 116.8 102.1 14% Licenses Fees 5.0 4.8 5.0 10.0 9.6 Employee Expenses 17.3 14.8 16.3 33.6
Slide 17: Balance Sheet
Balance Sheet Assets (Rs. in Cr) Sep 30, 2023 Mar 31, 2023 Liabilities (Rs. in Cr) Sep 30, 2023 Mar 31, 2023 Total Non-Current Assets 489.8 507.8 Shareholders Fund 526.0 524.7 Fixed Assets 225.7 233.2 Tangible Assets 66.7 68.2 Share Capital 69.1 69.1 Intangible Assets 142.6 152.5 Other Equity 456.9
Slide 18: Cashflow Statement
Cashflow Statement Particulars (Rs. in Crs) As on Sep 30, 2023 As on Sep 30, 2022 Profit before tax 3.4 0.2 Adjustments 11.4 10.1 Operating Profit Before Working Capital Changes 14.8 10.3 Change in operating assets and liabilities (6.9) 6.6 Cash generated from operations 7.8 16.9 Income taxes paid (
Slide 19: Contact Us
Thank You Contact Us CIN: L64200MH1999PLC137729 CIN: U74140MH2010PTC204285 Mr. Rajiv Shah Mr. Jigar Kavaiya / Ms. Ami Parekh Email: rajivs@myradiocity.com Email : jigar.kavaiya@sgapl.net / ami.parekh@sgapl.net www.radiocity.in www.sgapl.net