Entertainment Network (india) Limited · NSE:ENIL
Entertainment Network (india) — Q4 FY14 Earnings Presentation
19 slides from Entertainment Network (india)'s earnings presentation, May 23, 2014
Slide 1: Investor Update: Performance Review Q4 FY14
INVESTOR UPDATE PERFORMANCE REVIEW: Q4 FY14 May 23, 2014 1
Slide 2: Presentation Path
Presentation Path Financial Review Business Review Strategic Direction Investors Contact 2
Slide 3: Financial Review
Financial Review 3
Slide 4: Condensed Statement Of Operations (Standalone Q4FY14)
Condensed Statement Of Operations Standalone %age of %age of (Rs. Million) Q4FY14 Total Income Q4FY13 Total Income Growth (%) Income from Operations 1,119.8 97.8% 1,019.4 97.1% 9.8% Other Operating Income 25.3 2.2% 30.9 2.9% (18.1%) Total Income 1,145.1 100.0% 1,050.3 100.0% 9.0% Operating Expenditu
Slide 5: Financial Performance Q4FY14
Financial Performance Q4FY14 (All comparisons with corresponding period of previous year) • Retained market leadership with approximately 33%-35% share of private FM radio industry • Volumes, ER & multiple income streams drive revenues • Underlying EBITDA Growth at 11.1%; and underlying PAT growth a
Slide 6: Condensed Statement Of Operations (Standalone FY14)
Condensed Statement Of Operations Standalone %age of %age of (Rs. Million) FY14 Total Income FY13 Total Income Growth (%) Income from Operations 3,805.5 98.9% 3,330.8 98.4% 14.3% Other Operating Income 42.6 1.1% 53.1 1.6% NM Total Income 3,848.1 100.0% 3,383.9 100.0% 13.7% Operating Expenditure 2,59
Slide 7: Summarised Balance Sheet
Summarised Balance Sheet Standalone As on %age to %age to Rs. In Million 31-Mar-14 Total 31-Mar-13 Total Shareholders' Funds Capital 476.7 8.2% 476.7 9.4% Reserves and Surplus 5,325.1 91.8% 4,546.3 89.9% Net Worth 5,801.8 100.0% 5,023.0 99.3% Deferred Tax Liability (net) - 0.0% 36.6 0.7% Total 5,801
Slide 8: Financial Performance FY14
Financial Performance FY14 (All comparisons with corresponding period of previous year) • Revenues growth led by volumes & multiple income streams • Underlying EBITDA Growth at 23.5%; and underlying PAT growth at 33.0% • Other expenses in previous year included brand capital writeback of Rs.58.9 mil
Slide 9: Condensed Statement Of Operations (Consolidated Q4FY14)
Condensed Statement Of Operations Consolidated %age of %age of (Rs. Million) Q4FY14 Total Income Q4FY13 Total Income Growth (%) Income from Operations 1,119.7 97.8% 1,019.4 97.1% 9.8% Other Operating Income 25.3 2.2% 30.8 2.9% (18.0%) Total Income 1,145.0 100.0% 1,050.2 100.0% 9.0% Operating Expendi
Slide 10: Condensed Statement Of Operations (Consolidated FY14)
Condensed Statement Of Operations Consolidated %age of %age of (Rs. Million) FY14 Total Income FY13 Total Income Growth (%) Income from Operations 3,805.5 98.9% 3,342.3 98.4% 13.9% Other Operating Income 42.6 1.1% 53.3 1.6% (20.1%) Total Income 3,848.1 100.0% 3,395.6 100.0% 13.3% Operating Expenditu
Slide 11: Business Review
Business Review 11
Slide 12: M & E Industry Revenue Estimates (INR Bn)
M & E Industry Revenue Estimates (INR Bn) 300 275 253 250 200 163 150 136 102 100 50 34 30 30 15 19 - TV Print Radio OOH Internet advertising 2013 2014 E 2015 E 2016 E 2017 E 2018 E FM Radio revenues expected to double by 2018 Source: Industry Sources; KPMG India – FICCI report March 2014 12
Slide 13: Radio expected to outgrow traditional ad media
Radio expected to outgrow traditional ad media… CAGR (2013-2018) 30.0% 27.7% 25.0% 20.0% 18.1% 15.0% 13.2% CAGR 11.0% 10.0% 9.2% 5.0% 0.0% TV Print Radio OOH Internet advertising Source: Industry Sources; KPMG India – FICCI report March 2014 • Higher growth led by Phase III expansion 13
Slide 14: Key Operating Highlights
Key Operating Highlights • As per the last Indian Readership Survey (IRS), Radio Mirchi is a clear leader with #1 position in 22 out of the 32 markets in which it operates • Launched a new TV property, Mirchi Top 20 • 6th edition of Mirchi Music Awards – Hindi, 3rd edition of Mirchi Music Awards – B
Slide 15: Strategic Direction
Strategic Direction 15
Slide 16: Strategic Direction
Strategic Direction • Expand our footprint in radio broadcasting – Margin growth in existing stations – Grow radio listenership – Horizontal Expansion - Additional licenses in new cities under Phase III • Position the Company to benefit from the potential presented by the regulatory reforms • Mainta
Slide 17: Investor Contact
Investor Contact Entertainment Network is committed to improving its performance every fiscal and continuously enhance shareholder value through successful implementation of its growth plans. The Company’s investor relations mission is to maintain an ongoing awareness of its performance among shareh
Slide 18: Disclaimer
Disclaimer Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties rela
Slide 19: Thank You
THANK YOU 19
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