Music Broadcast Ltd. · NSE:RADIOCITY
Music Broadcast — Q4 FY2018 Earnings Presentation
20 slides from Music Broadcast's earnings presentation, May 22, 2018
Slide 1: Cover letter to NSE and BSE: Investor Presentation
May 22, 2018 1. National Stock Exchange of India Ltd. 2. 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 NSE Scrip Code: RADIOCITY BSE Scrip Code: 540366 ISIN: INE9
Slide 2: Music Broadcast Limited Investor Presentation May 2018
Music Broadcast Limited Investor Presentation May 2018
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: Q4FY18 & FY18 Financial Updates
Q4FY18 & FY18 Financial Updates
Slide 5: Key Highlights - Quarterly
Key Highlights - Quarterly Revenue EBITDA & Margins PAT & Margins In Rs. Crs In Rs. Crs In Rs. Crs Growth of Growth of Growth of 14% 65% 261% 24.9% 36.0% 6.8% 21.4% 76 67 27 16 17 4 Q4FY17 Q4FY18 Q4FY17 Q4FY18 Q4FY17 Q4FY18 4 Note: 11 new Phase III station commenced operation from Q4FY17
Slide 6: Consistent Output Deliveries
Consistent Output Deliveries Revenues EBITDA & Margins PAT & Margins In Rs. Crs In Rs. Crs In Rs. Crs 76 76 76 31.5% 31.9% 30.6% 36.0% 15.4% 16.8% 15.6% 21.4% 70 27 24 23 16 22 13 12 11 Q1FY18 Q2FY18 Q3FY18 Q4FY18 Q1FY18 Q2FY18 Q3FY18 Q4FY18 Q1FY18 Q2FY18 Q3FY18 Q4FY18 Consistent Revenue Maintained
Slide 7: Key Highlights - Annual
Key Highlights - Annual Revenue EBITDA & Margins PAT & Margins In Rs. Crs In Rs. Crs In Rs. Crs Growth of Growth of Growth of 10% 6% 41% 33.6% 32.6% 13.5% 17.2% 298 271 91 97 52 37 FY17 FY18 FY17 FY18 FY17 FY18 6 Note: 11 new Phase III station commenced operation from Q4FY17
Slide 8: Q4FY18 Business Updates
it: Radio City (RN IAGRAN INITIATIVE : RAG RAG MEIN Business Updates DAUDE CITY.
Slide 9: Acquisition of Friends 91.9 FM – MBL reach increased from 62% to 72%
Acquisition of Friends 91.9 FM – MBL reach increased from 62% to 72% Financial Performance Margins ▪ Kolkata amongst the top 5 radio markets in India 15% 18% 20% ▪ Friends FM : An established brand in Kolkata since 10.6 10.8 last 10 years Revenue (In Crs) 5.8 ▪ Being a standalone channel its potenti
Slide 10: Phase III Stations growing faster than expected
Phase III Stations growing faster than expected Phase III stations have registered EBITDA Break Even in Q4FY18 Quarterly Volume Trend of Phase III stations This was anticipated to be within 2.5 years, and we have managed it in 15 months Stations like Kanpur, Kota, Udaipur, Kolhapur, Nashik & Patna a
Slide 11: MBL overshoots Industry Growth again
MBL overshoots Industry Growth again Advertising Volume Industry grew by 5%, with Radio City 10.4% registering a growth of 8% for year ended March 7 Year CAGR (FY11-18) 9.7% 8.7% 8.7% 2018 7.4% 7.1% 10% 8% 8% 6% 5% RADIOCITY 4% Radiocity Radio Big FM Red/S FM Others Industry Mirchi 2% 0% FY18 Indust
Slide 12: Preference of width over depth by the advertisers
Preference of width over depth by the advertisers Channel Count Volume Breakup – FY18 14.0% 5.0% 9.0% 5.0% 90.0% 77.0% Phase 2 - Old Stations Multiple Frequency Phase 2 - Old Stations Multiple Frequency New Expansions New Expansions Phase III Phase III Particulars Phase II Multiple Expansion Phase I
Slide 13: Initiatives in the Quarter
Initiatives in the Quarter Radio City announced Radio City Cine Awards Radio City’s Brand campaign Rag Rag mein Radio City announced Radio City Cine Awards Radio City announced Radio City Cine Awards Punjabi to provide transparent access to Daude city 2.0, launched 360-degree campaign Marathi 2018 i
Slide 14: Initiatives in the Quarter
Initiatives in the Quarter Radio City announced a collaboration with Radio City captivated Indie Music lovers with A recent research report, commissioned by Apple Music for the country’s biggest Radio City Freedom Awards 5.0 the most Music Broadcast Ltd. - Radio City, and titled Bollywood countdown
Slide 15: Leadership in Mumbai and Bengaluru
Leadership in Mumbai and Bengaluru Listenership Market Share Data Mumbai Bengaluru 20 30 16 25 12 20 15 % Share % Share 8 10 4 5 0 0 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18 Mirchi One Radio City Red Big Mirchi One Radio City Big Fever Ishq Nasha Redtro Indigo
Slide 16: New Age Digital Media
New Age Digital Media 51 Radio stations in 10 languages & 900+ playlists have generated a listenership of 40 Million 3.36 Mn Likes Applications 3.06 Lac Followers Launched: 0.58 Lac Followers 52.01 Mn Views Web Presence hindi.radiocity.in www.radiocity.in Over 3.6 Lac Installs Source: Purple Stream
Slide 17: Strategic Choices made; Delivering Results!
Strategic Choices made; Delivering Results! With the Right Approach and Right Market Positioning, Leadership maintained Maintaining Focussed Efficient Reach Leadership Approach Expansion Position ▪ Right Price for ▪ More than ▪ Focus on right markets industry volume Listenership growth ▪ Geographica
Slide 18: Profit and Loss – Quarterly
Profit and Loss – Quarterly In Rs. Crs Q4FY18 Q4FY17 YoY Q3FY18 QoQ FY18 FY17 YoY Revenue 75.9 66.6 14% 76.2 0% 298.3 271.4 10% Licenses Fees 5.3 4.8 5.4 21.3 19.2 Employee Expenses 17.1 17.0 17.6 68.9 65.1 Other Expenses* 26.2 28.1 29.9 111.0 95.9 EBITDA 27.4 16.6 65% 23.3 17% 97.1 91.3 6% EBITDA M
Slide 19: Balance Sheet
Balance Sheet Assets (In Rs. Crs) Mar-18 Mar-17 Liabilities (In Rs. Crs) Mar-18 Mar-17 Total Non Current Assets 490.2 361.9 Shareholders Fund 599.9 548.1 Fixed Assets 296.9 311.6 Tangible Assets 41.2 35.3 Share Capital 57.1 57.1 Intangible Assets 255.7 276.3 Other Equity 542.8 491.1 Intangible Asset
Slide 20: Contact Us
CIN: L64200MH1999PLC137729 Ms. Sangeetha Kabadi Email : sangeethak@myradiocity.com Mr. Jimmy Oza Email: jimmyo@myradiocity.com www.radiocity.in Contact Us CIN: U74140MH2010PTC204285 Ms. Payal Dave Email : payal.dave@sgapl.net Ms. Payal Sheth Email: payal.sheth@sgapl.net www.sgapl.net