Db Corp. Ltd. · NSE:DBCORP
Db — Emkay Investor Conference 2016
31 slides from Db's conference presentation, August 2016
Slide 1: D B Corp Ltd. Investor Presentation
D B Corp Ltd. Investor Presentation August 2016 1
Slide 2: Disclaimer
Disclaimer Some of the statements made in this presentation are forward-looking statements and are based on the current beliefs, assumptions, expectations, estimates, objectives and projections of the directors and management of Dainik Bhaskar Group (DB Corp Ltd.) about its business and the industry
Slide 3: Indian Media & Entertainment Industry
Indian Media & Entertainment Industry Media Sector – Strong & Consistent Growth (INR bn) 1157 1026 918 728 821 652 2010 2011 2012 2013 2014 2015 • M&E industry size was Rs. 1157 bn in 2015, which grew by 13% over 2014. • Expected CAGR growth is 14% till 2020. Media Spend as % of GDP 0.97% 0.76% 0.86
Slide 4: Print Maintains Largest Ad-pie
Print Maintains Largest Ad-pie – Language Print Witnesses Higher Growth Radio 2% Online OOH 1% 7% Print: Print: Print English Language Television 48% 50% 50% 42% 2005 – 130.4 bn Radio OOH 4% 5% Online 11% Print Language Print 64% English Print 36% Television 40% 38% 2015 – 475 bn Source: FICCI-KPMG
Slide 5: Print & Language Advertising Revenue
Print & Language Advertising Revenue 121 111 Language Print 101 Print Media 91 2015 2014 2013 83 2012 190 176 2011 163 73 2010 150 2015 2014 2013 140 2012 126 2011 – Print Media is Largest component of advertising, as a % of overall Ad pie at 40%; 2010 – Language Print is expected to maintain a heal
Slide 6: Circulation Growth - Language Dailies Gain
Circulation Growth - Language Dailies Gain Languages January - January - CAGR % Contribution (Copies in June 2010 June 2015 for Lacs) (JJ 2010) (JJ 2015) 5 years JJ 2010 JJ 2015 250 6% Hindi 148.29 202.00 6% 29% 39% Malayalam 34.64 41.67 4% 7% 8% Tamil 33.53 41.41 4% 7% 8% Bengali 26.38 27.21 1% 5%
Slide 7: D B Corp Ltd - The Largest Print Media Company In India
D B Corp Ltd - The Largest Print Media Company In India Major Business Brands Hindi Newspaper 12 States,40 Editions Gujarati Newspaper 2 States, 7 Editions Marathi Newspaper 1 State,7 Editions FM Radio Network 7 States, 17 Stations Digital & Mobile 13 Portals & 2 Apps 77
Slide 8: Presence Across Fast Growing Markets
Presence Across Fast Growing Markets INDIA 29 States 7 Metros (English Play) 7 Union Territories Delhi, Mumbai, Chennai Less: 7 NE States Hyderabad, Kolkata, Less: 6 Union Territories (Non Focused Markets) Bangalore, Pune (Non Focused Markets) Remaining: Major 22States Remaining: (Major) 1 U.T.Chand
Slide 9: Focused on Largest Revenue Markets of India
Focused on Largest Revenue Markets of India A Leader in Print Readership, operating in the highest growth markets in India Leadership in Multiple States – Emerging Tier II & III Cities • Madhya Pradesh, Chhattisgarh, Rajasthan, Gujarat, Haryana, Punjab, Chandigarh, Maharashtra, Uttarakhand, Himachal
Slide 10: Dainik Bhaskar Is World's 4th Largest Circulated Newspaper
Dainik Bhaskar Is World‟s 4th Largest Circulated Newspaper WAN IFRA‟s World Press Trends 2015 Reports: Dainik Bhaskar (3.6 million copies) ranked as world‟s fourth largest circulated news daily Dainik Bhaskar is the only Indian news daily to feature amongst the world‟s top 5 most circulated newspape
Slide 11: Strategic Focus Area - Editorial Strategy
Strategic Focus Area - Editorial Strategy Innovative reader engagement initiatives CONTENT STRATEGIES Thought Leadership Journalism- = “No Negative Knowledge enhancement for reader Monday” High Quality Reviews & Content + opinion by Jacket on eminent Sunday Product differentiation towards growth aut
Slide 12: Circulation Strategy – Proven Track Record
Circulation Strategy – Proven Track Record 1. 15% CAGR Growth: For 5 years, from FY 2010-11 to FY 2015-16 is 15%. with volume growth of 5% and balance 10%, driven by yield in our core legacy markets. 2. Dainik Bhaskar maintains its position as the largest circulated national daily of India consisten
Slide 13: Expansion Strategy – Digital Business
Expansion Strategy – Digital Business VISION • Lead digital revolution by creating most preferred destination for content. MISSION • Become an integral part of our readers‟ news needs by offering instant/real time, impactful, objective and engaging content • Attract new audiences as a window to the
Slide 14: Focused, Strong Brands For Growing Digital Audiences
Focused, Strong Brands For Growing Digital Audiences Dainikbha Fashion1 skar.com Divyabha 01.in skar.co.in Jeevanm Dailybhas antra.in kar.com Dbcric.co Divyamar m athi.com 13 Portals Bollywoo Food.bha skar.com 2 APPS dbhaskar. com Gadgets. Moneybh bhaskar.c askar.co om m Dainik Homeonli Bhaskar ne.c
Slide 15: Is India's 2nd Largest News Destination
The New Game Changer: dainikbhaskar.com Is India‟s 2nd Largest News Destination Comscore News & Information - June 2016 Unique Visitors (Mn) Individual Sites 33.7 40 30 16.8 15.7 14.9 20 10.9 10 0 TOI.com Bhaskar.com NDTV.com Indianexpress.com ABPLIVE.in Page Views (Mn) Individual Sites 857 1000 580
Slide 16: Gaining Traffic Traction
Gaining Traffic Traction Digital Media Unique Visitors (UV) More than 7 mn app downloads has risen to 42 million* and Page for Dainik Bhaskar & Divya Views (PV) to 1.7 billion* for the Bhaskar month of June‟16. Dainik Bhaskar - No. 1 Hindi News website and also the Hindi Rapidly growing focus on vid
Slide 17: Audience targeting core part of digital strategy
Audience targeting core part of digital strategy Ensures optimal campaign success for advertisers Emphasis on targeting right user and delivering right message: phased and focused efforts to understand digital behavior, appropriately create relevant content, in-turn drives performance and generates
Slide 18: Pillars Of Digital Existence
Pillars Of Digital Existence 1. Thrust on Technology to ensure: • Continuous optimization of sites for speed, better user experience & engagement by increasing page depth and maximizing the ROI to advertisers. 2. Content Differentiator is the core of digital strategy : • Offering bouquet of content
Slide 19: Digital Way Forward
Digital Way Forward Digital is moving towards personalization - creating our product & future strategy based on Big Data analysis Huge popularity in video Exponentially growing consumption amongst all smartphone penetration - platforms - creating content focusing on mobile visitors & distribution st
Slide 20: Exponential Digital Advertisement Revenue
Exponential Digital Advertisement Revenue Digital Revenue (Rs. mn) 460 305 163 123 108 101 68 30 2010 - 11 2011 - 12 2012 - 13 2013 - 14 2014 - 15 2015 - 16 Q1 FY Q1 FY 2015 -16 2016 - 17 20
Slide 21: Expansion Strategy – Radio Business
Expansion Strategy – Radio Business VISION • To be the leading and most admired FM Radio network in non-metro cities by enriching the lives of our listeners and business associates by following the guiding principles of management philosophy. MISSION • To become an indispensable part of the lives of
Slide 22: Growth Opportunities - Radio
Growth Opportunities - Radio Introduction: • Launched in 2006, MY FM operates from 17 stations in 7 states • My FM 94.3 has already become no.1. in markets of Madhya Pradesh and Chhattisgarh Phase 3 Radio Auctions: • Consolidating presence in line with strategy to be market leader in “Unmetro” geogr
Slide 23: Innovative & Unique Programing of Content with Consumer Centric Approach
Innovative & Unique Programing of Content with Consumer Centric Approach: • Breakfast show consists of Newsmaker, First ever Editor‟s voice & Expert Analyst. centralized • Mid morning show for housewives, panel content team for experts and content breadth. 3 drivers shows: • Reverse Driver show for
Slide 24: Delivering Consistent & Largest Growth in Radio
Delivering Consistent & Largest Growth in Radio Total Revenue (Rs. mn) 960 1076 672 801 555 281 215 2011 - 12 2012 - 13 2013 - 14 2014 - 15 2015 - 16 Q1 FY 2015 - Q1 FY 2016 - 16 17 EBITDA Revenue (Rs.mn) & its Margin (%) 393 400 318 220 37% 41% 124 40% 98 33% 61 22% 28% 35% 2011 - 12 2012 - 13 2013
Slide 25: Robust Growth in Profits
Robust Growth in Profits Strong Focus on ROCE & RONW Low Debt Exposure High Net worth & Strong Balance Sheet a DB Corp Lid &fAes erewz > fas ererdt EF coc i aa 25
Slide 26: Proven Track Record of Topline & Bottom Line Growth
Proven Track Record of Topline & Bottom Line Growth Total Revenue (Rs. mn) Advertisement Revenue (Rs. mn) 20800 14812 14755 11281 3423 4136 5330 4812 5745 3530 2005 -06 2011- 12 2015-16 Q1 FY Q1 FY 2005 -06 2011- 12 2015-16 Q1 FY Q1 FY 2015-16 2016-17 2015-16 2016-17 EBITDA Revenue (Rs. mn) & its Ma
Slide 27: Healthy Operating Profit In Our Mature Market
Healthy Operating Profit In Our Mature Market Rs MN Q1 (FY15-16) Q1 (FY16-17) Annual (FY 14-15) Annual (FY 15-16) Particulars Emerging DBCL Emerging DBCL Emerging Emerging DBCL Matured Matured Matured DBCL Matured Business Standalone Business Standalone Business Business Standalone Topline 4109 385
Slide 28: Focused on Balance Sheet & Distribution of Profits
Focused on Balance Sheet & Distribution of Profits Return on Capital Employed Return on Net Worth 40.3% 26.9% 28.3% 34.5% 29.4% 29.4% 26.7% 22.0% 20.7% 20.5% 2011-12 2013-14 2015-16 Q1 FY Q1 FY 2011-12 2013-14 2015-16 Q1 FY Q1 FY 2015-16 2016-17 2015-16 2016-17 Earning Per Share Dividend Per Share 1
Slide 29: Financial Summary
Financial Summary Year Ended Quarter Ended Particulars (INR million) 13-Mar 14-Mar 15-Mar 16-Mar Q1 FY16 Q1 FY17 Growth % Advertising Income 12075 14178 15166 14812 3423 4136 20.83% Circulation Revenue 2823 3235 3755 4356 1022 1176 15.04% Total Income 16137 18836 20353 20783 4812 5745 19.39% Newspri
Slide 30: Board Of Directors
Board Of Directors Ramesh Chandra Agarwal Over five decades of experience. Serving as Chairman of FICCI of the MP region Chairman Included in India Today‟s list of 50 Most Powerful Persons in India Sudhir Agarwal 27 years of experience in the publishing and newspaper business Managing Director
Slide 31: For more information, please visit our website www.bhaskarnet.com
For more information, please visit our website www.bhaskarnet.com 31