Ht Media Limited · NSE:HTMEDIA
Ht Media — Q1 FY2020 Earnings Presentation
24 slides from Ht Media's earnings presentation, August 2019
Slide 1: HT Media Group Q1 FY 2019-20 Consolidated Financial Results
HT MEDIA GROUP Q1 FY 2019-20 Consolidated Financial Results 1
Slide 2: 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 3: Table of Contents
Table of Contents PARTICULARS SLIDE NO. Consolidated Performance 5 Business Unit Performance 8 Print 9 Print – English 11 Print – Hindi (HMVL) 13 Radio 15 Annexures 19 3
Slide 4: Chairperson's Message
Chairperson’s Message Commenting on the results and performance, Mrs. Shobhana Bhartia, Chairperson and Editorial Director, HT Media Ltd and Hindustan Media Ventures Ltd said: “The results of the Indian Readership Survey (Q1 2019) have reinforced the leading position of Hindustan Times, Hindustan an
Slide 5: Consolidated Performance
CONSOLIDATED PERFORMANCE ZHT
Slide 6: Highlights of the Quarter
Highlights of the Quarter Consolidated Total Revenue for Q1’20 at Rs 588 Cr (increase of 3% Vs last year) EBITDA for Q1’20 at Rs 89 Cr (increase of 42% from Rs 63 Cr in Q1’19), with margin improved to 15% (from 11% in Q1’19) PAT1 for Q1’20 at Rs 28 Cr (from 5 Cr in Q1’19) IRS Q1 20192 - Hind
Slide 7: Consolidated Financial Summary
Consolidated Financial Summary Particulars (Rs Cr) Q1'19 Q1'20 Change % Total Revenue 573 588 15 3% EBITDA 63 89 26 42% EBITDA margin (%) 11% 15% PAT* 5 28 24 511% PAT margin (%) 1% 5% *before exceptional 7
Slide 8: Business Unit Performance
BUSINESS UNIT PERFORMANCE ZHT
Slide 9: Print / Print – English / Print – Hindi / Radio
PRINT PRINT – ENGLISH PRINT – HINDI RADIO 9
Slide 10: Print
Print FINANCIAL PERFORMANCE Particulars (Rs Cr) Q1'19 Q1'20 Change % Ad Revenue 399 362 -37 -9% Circulation Revenue 69 64 -5 -7% Operating Revenue 482 454 -28 -6% Operating EBITDA 65 55 -10 -15% Op EBITDA margin (%) 13% 12% KEY DRIVERS + Maintained market share in key markets for both Hindi and Engl
Slide 11: Print / Print – English / Print – Hindi / Radio
PRINT PRINT – ENGLISH PRINT – HINDI RADIO 11
Slide 12: Print – English
Print – English AD REVENUE (RS CR) CIRCULATION REVENUE (RS CR) -14% -8% 230 198 16 15 Q1'19 Q1'20 Q1'19 Q1'20 REVENUE DRIVERS - Ad environment remained muted across National and Local advertisers - Softness in key categories such as Auto, E-commerce, Retail and Education. Slowdown in Government adve
Slide 13: Print / Print – English / Print – Hindi / Radio
PRINT PRINT – ENGLISH PRINT – HINDI RADIO 13
Slide 14: Print – Hindi
Print – Hindi AD REVENUE (RS CR) CIRCULATION REVENUE (RS CR) -3% -7% 168 164 53 50 Q1'19 Q1'20 Q1'19 Q1'20 REVENUE DRIVERS + Strong revenue from election campaigns, partially impacted by decline in Government advertising due to Model Code of Conduct + Continued focus on yield improvement despite slo
Slide 15: Print / Print – English / Print – Hindi / Radio
PRINT PRINT – ENGLISH PRINT – HINDI RADIO 15
Slide 16: Radio
Radio FINANCIAL PERFORMANCE Particulars (Rs Cr) Q1'19 Q1'20 Change % Operating Revenue 47 64 17 37% Operating EBITDA 14 16 2 16% Op EBITDA margin (%) 30% 25% PERFORMANCE DRIVERS + Radio (ex-NMW) continues to grow at a healthy rate of 9% YoY, with EBITDA margin of 34% (Vs 30% last year) + Revenue dri
Slide 17: Q&A Dial-in number for Q&A
Q&A Dial-in number for Q&A +91 22 7115 8103 +91 22 6280 1202 17
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 +91 11 6656 1605 Saket Somani Ravi Gothwal htmedia@churchgatepartners.com +91 22 6169 5988 18
Slide 19: Annexures
ZHT ANNEXURES 19
Slide 20: Consolidated P&L – HT Media Ltd
Consolidated P&L – HT Media Ltd Particulars (Rs Cr) Q1'19 Q1'20 YoY (%) Total Revenue 573 588 3% Raw Materials & change in inventory 187 159 -15% Employee Cost 75 105 41% Other expenses 249 235 -5% EBITDA 63 89 42% Margin (%) 11% 15% 4% PAT* 5 28 511% Margin (%) 1% 5% 4% *before exceptional 20
Slide 21: P&L – Hindustan Media Ventures Ltd
P&L – Hindustan Media Ventures Ltd Particulars (Rs Cr) Q1'19 Q1'20 YoY (%) Total Revenue 235 240 2% Raw Materials & change in inventory 106 83 -22% Employee Cost 28 28 0% Other expenses 73 73 0% EBITDA 27 56 105% Margin (%) 12% 23% 12% PAT 13 40 201% Margin (%) 6% 17% 11% 21
Slide 22: Highlights of IRS Q1 2019
ZHT HIGHLIGHTS OF IRS Q1 2019 22
Slide 23: IRS Results – Leading Presence in Largest English Markets
IRS Results – Leading Presence in Largest English Markets 1 • No. 1 in Delhi-NCR for 16th time in a row • Undisputed leader with 18 lacs readers Delhi-NCR 1 • No. 1 in two largest English daily markets combined • Entrenched No. 2 in Mumbai with 69% leader’s Delhi-NCR + Mumbai readership 1 No. 1 in
Slide 24: IRS Results – Hindustan Continues to be a Strong Player in its Markets
IRS Results – Hindustan Continues to be a Strong Player in its Markets • AIR of 52 lacs 1 Bihar • 1.5x of nearest competitor • AIR of 1 crore 2 UP • 83% of leader 1 Uttarakhand • AIR of 11 lacs • AIR of 12 lacs 2 Jharkhand • 97% of leader 2 Delhi • AIR of 8 lacs Source : IRS Q1 2019 details are base