Saregama India Limited · NSE:SAREGAMA
Saregama India — Q3 FY22 Earnings Presentation
36 slides from Saregama India's earnings presentation, Jan 19, 2022
Slide 1: Outcome of Board Meeting letter to exchanges
January 19, 2022 The Manager, The Listing Department Listing Department, BSE Limited, National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Towers, -1, Block G, Dalal Street, Bandra- Kurla Complex, Bandra (East), MUMBAI - 400 001 MUMBAI - 400 051 Symbol: SAREGAMA EQ Scrip Code: 532163 Subject: O
Slide 2: Board meeting letter signature page
This information is available on the website of the Company www.saregama.com. The Board meeting commenced at 12:00 Noon and concluded at 1:00 pm. Kindly take the same on record. Thanking you. Yours faithfully, For SAREGAMA INDIA LIMITED Vikram Mehra Managing Director DIN: 03556680 Encl: As above SAR
Slide 3: Annexure A: Vice Chairman appointment
Annexure A Reason for change viz., appointment Appointment resignation, removal, death or otherwise; Date of Appointment January 19, 2022 Term of Appointment Appointed as the Vice Chairman Brief Profile Mrs. Avarna Jain holds qualification of Bachelor of Arts in communication from University of Penn
Slide 4: Statement of Consolidated Financial Results
>. RP- Sanjiv Goenka “PF Group Saregama India Limited Registered Office: 33, Jessore Road, Dum Dum, Kolkata - 700 028 web: www.saregama.com, Email id: co.sec@saregama.com, Phone no: 033-2551-2984 CIN:L22213WB1946PLC014346 (Rs. in Lakhs) Statement of Consolidated Financial Results for the Three Month
Slide 5: Consolidated Segment wise Revenue, Results, Assets and Liabilities
=>" RP - Sanjiv Goenka Group Saregama India Limited Registered Office: 33, Jessore Road, Dum Dum, Kolkata - 700 028 web: www.saregama.com, Email id: co.sec@saregama.com, Phone no: 033-2551-2984 CIN:L22213WB1946PLC014346 (Rs. in Lakhs) Consolidated Segment wise Revenue, Results, Assets and Lial fies
Slide 6: Notes to consolidated results
RP- Sanjiv Goenka Group ] ‘The aforementioned results for the three months and nine months ended 31 December 2021 have been reviewed and recommended by the Audit Committee in their meeting held on 19 January 2022 and approved by the Board of Directors of the Parent Company at their meeting held on e
Slide 7: Statement of Standalone Financial Results
= Ap-sanjiv Goenka — Group ‘web: www.saregama.com, Email id: co.sec ‘Saregama India Limited Registered Office: 33, Jessore Road, Dum Dum, Kolkata - 700 028 @saregama.com, Phone no: 033-2551-2984 CIN:L22213WB1946PLC014346 (Rs. in Lakhs) ‘Statement of Standalone Financial Results for the Three Months
Slide 8: Standalone Segment wise Revenue, Results, Assets and Liabilities
> RP - Sanjiv Goenka Group ‘Saregama India Limited Registered Office: 33, Jessore Road, Dum Dum, Kolkata - 700 028 i @saregama.com, Phone no: 033-251-2984 CIN:L22213WB1946PLC014346 web: www.saregama.com, Emu (Rs. in Lakhs) it wise Revenue, Results, Assets and Liabilities for the Three Months and Nin
Slide 9: Notes to standalone results
2S Rp-sanjiv Goenka a Group ( NOTES: T_ ] The aforementioned results for the three months and nine months ended 31 December 2021 have been reviewed and recommended by the Audit Committee in their meeting held on 19 January 2022] and approved by the Board of Directors of the Company at their meeting
Slide 10: Limited Review Report on consolidated results
BSR&Co. LLP Chartered Accountants Unit No. 603, 6" Floor, Telephone: +91 33 4035 4200 Tower 1, Plot No. 6, Block — DP, Fax: +91 33 4035 4295 Godrej Waterside, Sector V, Salt Lake, Kolkata - 700091 ° Limited Review Report on unaudited consolidated financial results of Saregama India Limited for the t
Slide 11: Limited Review Report (continued)
BSR &Co. LLP and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 6. We did not
Slide 12: Limited Review Report on standalone results
BSR&Co. LLP Chartered Accountants Unit No. 603, 6" Floor, Telephone: +91 33 4035 4200 Tower 1, Plot No. 6, Block — DP, Fax +91 33 4035 4295, Godrej Waterside, Sector V, Salt Lake, Kolkata - 700091 ° Limited review report on unaudited standalone financial results of Saregama India Limited for the thr
Slide 13: Q3 FY22: PBT up by 40% and OIBCID by 44% YoY
Q3 FY22: PBT up by 40% and OIBCID by 44% YoY Riding the Digital Revolution Mumbai, January 19, 2022: Saregama, India’s oldest music label and the youngest movie studio, announced its financial results for the 3rd Quarter of the Financial Year 2021-22. Q3 FY22 PBT is Rs.580 Mn against Rs.414 Mn in th
Slide 14: About RPSG Group
About RPSG Group: RP-Sanjiv Goenka Group is one of India’s fastest growing conglomerates with a significant global presence. The Group’s businesses include power and energy, carbon black manufacturing, retail, IT- enables services, FMCG, media and entertainment and agriculture. For further informati
Slide 15: Saregama India Limited Quarterly Presentation Q3 FY22
TELUGU M A L AYA L A M PUNJABI HINDI BHOJPURI SAREGAMA INDIA LIMITED | QUARTERLY PRESENTATION | Q3 FY22
Slide 16: Saregama Strengths
Saregama Strengths India’s only entertainment company with IP offerings across media channels (music, film, TV and print), delivery platforms (physical and digital) and business models (licensing and retail) Large intellectual property portfolio of 130K+ songs, 62 films and 6K+ hours of TV content S
Slide 17: Strategic Overview: Digitisation Driving Growth
Strategic Overview D I G I T I S AT I O N D R I V I N G G R O W T H Digital Increase Increase in Demand for Boom in India in App Usage Content Video/Music Streaming Netflix / Spotify / Gaana Social Media Music YouTube / Facebook Films ~700M smart phones driving Video Sharing driving Games Cheap Data
Slide 18: Strategic Overview: Pure Play Content Company
Strategic Overview To be a Pure Play Content Company capitalizing on the global content consumption boom driven by the ever-increasing Digitization Through licensing to EVERY 3rd party Digital (music, video, social) and TV platform. Monetisation of Existing IP Carvaan transitioning from being a Prod
Slide 19: Market Leadership in Indian Music
Saregama wants to take Market Leadership position in Indian Music Disproportionate Strategic Acquisitions + + share of to help New Content Plug the Content Artiste Management across Hindi & Gaps of last 25 years Regional Languages and strengthen our new content play Catalogue Strength 5
Slide 20: Fast Growing Music IP Licensing Revenue
Saregama Music IP Licensing Revenue (INR Mn) Fast Growing FY21 FY20 2,361 * 2,839 * Licensing Revenue FY19 FY18 1,478 1,949 FY17 1,388 * One time income of INR 155 Mn (FY21) and INR 21 Mn (FY20) are excluded On account of A. Saregama’s Focus on New Music B. Growing customer interest in Retro Music C
Slide 21: Our Music Licensing Partners
Our Music licensing Partners Music Streaming Partners Broadcasting Partners Video Streaming Partners v v v Social Media Platforms Brands 7
Slide 22: Operational Highlights
OPERATIONAL HIGHLIGHTS 8
Slide 23: Music Segment Operational Highlights: Licensing
Music Segment Operational Highlights Licensing: YOUTUBE VIEWS (BILLIONS) PER QUARTER • Music licenses to following brands: Nestle, Amazon, PhonePe, Vivo, Himalaya etc. • Digital Content Licenses: 32 33 30 32 Mere Jeevan Saathi (Balaji Telefilms), Leke Pahela Pahela Pyar (Endemol) etc. 24 26 • Signed
Slide 24: Music Segment Operational Highlights: Retail
Music Segment Operational Highlights Retail: Carvaan Sales (units ‘000s) • Carvaan sales improved during the quarter in sync with festive season 138 141 • Covid impact was felt only during last week of Dec 2nd Wave 110 Lockdown • Supply situation improving, but chip shortage still a reality 103 81 •
Slide 25: Films, Web Series & TV Segment Operational Highlights
Films, Web Series & TV Segment Operational Highlights Films and Web Series Future Outlook • Completing shoot of 2 Web Series. Licensing deals closed. Delivery expected over next 4 mos • Marathi Movie Zombivli expected to be released • Announced our next Hindi web series “The in Q4 Biscuit King” base
Slide 26: Financial Highlights Consolidated
FINANCIAL HIGHLIGHTS CONSOLIDATED 12
Slide 27: Quarterly Financial Summary
Quarterly Financial Summary Particulars (INR Mn) Q3 FY22 Q2 FY22 Q-o-Q Growth Q3 FY21 Y-o-Y Growth Revenue from Operations • Music 1,333 1,216 10% 1,142 17% • TV & Films 156 223 (30)% 186 (16)% • Publication 14 12 17% 11 27% Revenue from Operations 1,503 1,451 4% 1,339 12% Operating Income before Co
Slide 28: OIBCID to PAT
OIBCID to PAT Q-o-Q Y-o-Y Y-o-Y Particulars (INR Mn) Q3-FY22 Q2-FY22 Q3-FY21 9M-FY 22 9M-FY 21 Growth Growth Growth Revenue from Operations (A) 1,503 1,451 4% 1,339 12% 4,004 3,185 26% Total Expenses (B) 874 916 (5)% 903 (3)% 2,419 2,146 13% OIBCID (C= A-B) 629 535 18% 436 44% 1,585 1,039 53% OIBCID
Slide 29: Balance Sheet
Balance Sheet As at 31st As at 31st As at 31st As at 31st Equity and Liabilities (INR Mn) Assets (INR Mn) Dec’ 2021 March’ 2021 Dec’ 2021 March’ 2021 Shareholder's fund Non-current assets (a) Equity share capital 193 174 (a) Property, plant and equipment * 2,140 2,046 (b) Other equity* 13,862 4,884
Slide 30: Cash Flow Statement
Cash Flow Statement Particulars (INR Mn) 9M-FY22 FY 21 Pre-Tax Profit 1,401 1,519 Change in other operating activities ( including non-cash Items) (19) (176) Change in Working capital (249) 692 Taxes Paid (362) (139) Net cash generated from Operating Activities (A) 771 1,896 Redemption/(Investment)
Slide 31: Financial Highlights Standalone
FINANCIAL HIGHLIGHTS STANDALONE 17
Slide 32: Financial Performance
Financial Performance Q-o-Q Y-o-Y Y-o-Y Particulars (INR Mn) Q3-FY22 Q2-FY22 Q3-FY21 9M-FY 22 9M-FY 21 Growth Growth Growth Turnover 1,466 1,421 3% 1,312 12% 3,909 3,132 25% Other Income 82 52 58% 34 141% 162 118 37% Total Revenue 1,548 1,473 5% 1,346 15% 4,071 3,250 25% Total Expenses 935 984 (5)%
Slide 33: Balance Sheet
Balance Sheet As at 31st As at 31st As at 31st As at 31st Equity and Liabilities (INR Mn) Assets (INR Mn) Dec’ 2021 March 2021 Dec’ 2021 March 2021 Shareholder's fund Non-current assets (a) Property, plant and equipment* 2,138 2,045 (a) Equity share capital 193 174 (b) Right-of-use assets 14 11 (b)
Slide 34: Financial Charts (Consolidated)
Financial Charts (Consolidated) Revenue from Operations Music Licensing Revenue PAT (INR Mn) Diluted EPS (INR) (Turnover) (INR Mn) (INR Mn) * 65.0 1,135 2,839 * 5,447 5,215 2,361 4,420 543 1,949 435 3,566 31.2 283 1,478 1,388 25.3 2,185 5.0 16.2 86 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 F
Slide 35: Capital Market Data
Capital Market Data 600% 500% 400% 300% 200% 100% 0% Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 -100% Saregama Sensex Price Data (As of 31st December 2021) INR Shareholding Pattern as on 31st December2021 Face Value 10.0 Others Market Price 5,251.4 22.16% 52
Slide 36: Disclaimer
Disclaimer Saregama India Ltd. Disclaimer: No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in al