Entertainment Network (India) Limited · NSE:ENIL
Entertainment Network (India) — Q4 FY2007 Earnings Presentation
24 slides from Entertainment Network (India)'s earnings presentation, May 16, 2007
Slide 1: Investor Update: Performance Review Q4 FY07
INVESTOR UPDATE PERFORMANCE REVIEW:Q4 FY07 May 16, 2007 1
Slide 2: Presentation Path
Presentation Path • Financial Review • Business Review ENIL Times Innovative Media Limited • Outlook and Strategy • Investor Communication 2
Slide 3: Financial Review
Financial Review ENTERTAINMENT NETWORK (INBIA) LTD.
Slide 4: Condensed Statement Of Operations (Q4, Standalone)
Condensed Statement Of Operations Standalone Q4 FY07 Q4 FY06 YoY (Rs. Million) Growth (%) Airtime Sales 452.4 327.3 38.2% Other Income 11.9 1.1 NM Total Income 464.3 328.4 41.4% Operating Expenditure 321.8 237.3 35.6% EBITDA 142.5 91.1 56.4% Margin (%) 30.7% 27.7% Depreciation 16.3 11.3 44.2% Amorti
Slide 5: Q4FY2007 Performance Overview
Q4FY2007 PERFORMANCE OVERVIEW (All comparisons with Q4FY2006) ¾ Total Income Rs.464.3 million, up 41.4% ¾ Earnings before Interest, Tax, Depreciation and Amortisation (EBITDA) stood at Rs. 142.5 million, up 56.4% ¾ EBITDA margin stood at 30.7% ¾ Net Profit at Rs. 104.4 million, up 90% - Normalized n
Slide 6: Q4FY2007 Performance Overview (Cont'd)
Q4FY2007 PERFORMANCE OVERVIEW (Cont’d…) (All comparisons with Q4FY2006) On a like basis (excluding 3 new stations): ¾ Total income up 12.7% to Rs 370.1 million ¾ EBITDA up 37.1% to Rs 124.9 million ¾ EBITDA margin stood at 33.7% The new stations namely Bangalore, Hyderabad and Jaipur reported EBITDA
Slide 7: Condensed Statement Of Operations (FY07, Standalone)
Condensed Statement Of Operations Standalone FY07 FY06 YoY (Rs. Million) Growth (%) Airtime Sales 1,672.0 1,174.1 42.4% Other Income 33.2 13.5 145.9% Total Income 1,705.2 1,187.6 43.6% Operating Expenditure 1,227.7 806.2 52.3% EBITDA 477.5 381.4 25.2% Margin (%) 28.0% 32.1% Depreciation 54.6 41.8 30
Slide 8: FY2007 Performance Overview
FY2007 PERFORMANCE OVERVIEW ¾ Total Income Rs.1,705.2 million, up 43.6% ¾ Earnings before Interest, Tax, Depreciation and Amortisation (EBITDA) stood at Rs. 477.5 million, up 25.2%. Margin at 28.0% ¾ Net Profit at Rs. 290.8 million - Normalized net profit for FY06 was Rs.196.7 million ¾ Launch expen
Slide 9: FY2007 Performance Overview (Cont'd)
FY2007 PERFORMANCE OVERVIEW (Cont’d…) On a like basis (excluding 3 new stations): ¾ Total income up 18.4% to Rs 1,405.6 million ¾ EBITDA up 23.8% to Rs 472.1 million ¾ EBITDA margin stood at 33.6% The three new stations achieved break-even in the first year of their operation with 1.8% margin 9
Slide 10: Condensed Statement Of Operations (Consolidated)
Condensed Statement Of Operations (Consolidated) (Rs. Million) FY07 FY06 YoY Growth (%) Airtime Sales 1,672.0 1,174.1 42.4% Revenues of subsidiary 748.8 228.2 228.1% Less: Inter-company revenues (69.7) (28.1) 148.0% Other Income 24.9 15.8 57.6% Total Income 2,376.0 1,390.0 71.0% Operating Expenditur
Slide 11: Performance Overview: Consolidated Financials FY2007
PERFORMANCE OVERVIEW CONSOLIDATED FINANCIALS FY2007 ¾ Total Income Rs.2,376.0 million, up 71.0% ¾ Earnings before Interest, Tax, Depreciation and Amortisation (EBITDA) stood at Rs. 452.8 million, up 11.0%. Margin at 19.1% ¾ Net Profit at Rs. 251.4 million - Normalized net profit for FY06 was Rs.212.
Slide 12: Review - Radio Business
Review - Radio Business ENTERTAINMENT NETWORK (INBIA) LTD. 12 apo, i) a
Slide 13: Key Operating Highlights - Radio Business
Key Operating Highlights - Radio Business New Station Roll-outs: ¾ Patna and Jalandhar, which are among the 22 stations slated to be rolled out Rise in market volumes: ¾ During the 6 months ended March 31, 2007 industry volumes has grown over 100% in Delhi, over 50% in Mumbai and Chennai 13
Slide 14: Mirchi Reach – Presence In Lucrative Markets
Mirchi Reach – Presence In Lucrative Markets Operational Forthcoming Ahmedabad Aurangabad Nasik Bangalore Bhopal Panaji Chennai Coimbatore Raipur Delhi Jabalpur Rajkot Hyderabad Kanpur Surat Indore Kolhapur Thiruvananthapuram Jaipur Lucknow Vadodarara Jalandhar Madurai Varanasi Kolkata Mangalore Vij
Slide 15: Further Consolidates in Mumbai
Further Consolidates in Mumbai 3.0 Radio Mirchi continues to be the 2.60 radio channel of choice in 2.5 2.21 2.23 2.05 Mumbai and loom over the 2.0 1.90 1.89 1.73 competition with 2.23 million 1.58 1.66 1.56 1.45 out of a total of 4.97 million daily 1.5 1.20 listeners. Radio Mirchi has 1.0 0.94 0.97
Slide 16: Continued Dominance in Delhi
Continued Dominance in Delhi 5.0 4.46 In Delhi, Radio Mirchi continues 4.5 4.20 to maintain its 2:1 lead over its 4.0 3.60 3.50 competitor. It has 3.45 million 3.5 2.83 out of 5.76 million daily listeners 3.0 2.5 2.20 2.09 2.00 1.80 2.0 1.70 1.60 1.5 1.35 1.0 0.5 0.0 ILT Wa ve 8 ILT Wa ve 9 ILT Wa v
Slide 17: Preferred One in Kolkata
Preferred One in Kolkata In Kolkata, Radio Mirchi 3.0 2.73 continues to have leadership 2.5 2.53 position with 2.53 million out of a total 4.2 million listeners. It is 2.0 the second largest media vehicle 1.5 1.41 in the city after the leading 1.0 Bengali daily 0.76 0.58 0.71 0.55 0.5 0.0 ILT Wa ve
Slide 18: Business Review - TIML
Business Review - TIML ENTERTAINMENT NETWORK (INBIA) LTD.
Slide 19: Operating Highlights
Operating Highlights Times OOH wins prestigious outdoor advertising rights: Delhi and Mumbai International Airports contract for a period of three years Times OOH now offers display opportunities ranging from hoardings around terminals, approach roads to the terminals, the terminal buildings, an
Slide 20: Times OOH - Visibility Where It Counts
Times OOH - Visibility Where It Counts Mumbai • 1400 Bus Shelters DIAL • Patel Bridge Sahara Mall • 2 LED Screens at the Airport DND Delhi • Over 300 display options at Mumbai Dwarka link International Airport DND DELHI Connaught Place link Pune • 192 Display options at Delhi‐Noida Mumbai airport Ko
Slide 21: Future Outlook and Strategy
FUTURE OUTLOOK AND STRATEGY Expand our footprint in radio broadcasting – Rollout of remaining 20 stations – Explore opportunities in international markets Maintain market leadership in fast growing radio industry Focus on Out-of-Home media growth Expand the network of out-of-home media sites Estab
Slide 22: 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 23: 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 24: Thank You
THANK YOU 24
Entertainment Network (India) — Q4 FY2007 Earnings Presentation on 6ix