Dish Tv India Limited · NSE:DISHTV
Dish Tv India — Q2 FY2025 Earnings Presentation
18 slides from Dish Tv India's earnings presentation, Sep 30, 2024
Slide 1: Dish TV India Limited Earnings Presentation
Dish TV India Limited Earnings Presentation Quarter Ended September 30, 2024 Stock Code: BSE - 532839 NSE- DISHTV LSE: DTVL
Slide 2: Disclaimer
Disclaimer Some of the statements made in this presentation are forward-looking statements and are based on the current beliefs, assumptions, expectations, estimates, objectives and projections of the directors and management of Dish TV India Limited about its business and the industry and markets i
Slide 3: Key highlights for the quarter
Key highlights for the quarter
Slide 4: Key financial highlights
Key financial highlights Operating Operating revenues for the quarter were Rs. 3,956 million Revenues EBITDA EBITDA of Rs. 1,446 million EBITDA EBITDA margin at 36.5% Margin Debt Maintained debt-free status as on September 30, 2024 4
Slide 5: Strengthening the value proposition
Strengthening the value proposition The current-era calls for recrafting the value The idea is to reduce the acquisition cost while proposition on offer for the DTH business. The further streamlining and securing content delivery introduction of OTT along with linear TV and the directly onto connect
Slide 6: Dish TV maintains debt-free status
Dish TV maintains debt-free status Dish TV India Limited – Repayment of debt over the years (Rs. million) 35,000 31,539 30,000 27,582 25,000 20,000 17,844 15,000 10,000 8,099 5,000 3,756 725 0 0 0 - Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 May-23 Mar-24 Sep-24 Gross debt (Rs. mn) 6
Slide 7: Watcho - OTT aggregation
-OTT aggregation ™ disht watcH MILLION PAID SUBSCRIPTIONS. dekho 19* OTTs shaan se BUY NOW AND MULTIPLE OTTAPPS | MILLION ih IN ONE PLAN i on aes Non @> cuavrat & hoicho; Phungama € disco WRBiReo sHORTSTV @ xs - re Get 19 OTT Apps GE ee fad = Ea a DOWNLOAD NOW In One Plan we & manorama’ max FANCODE
Slide 8: Watcho - Downloads so far
Watcho - Downloads so far Cumulative downloads (mn.) 100 90 90 80 70 70 60 50 50 40 30 20 25 10 4 - Apr-20 Mar-21 Mar-22 Mar-23 Mar-24 8
Slide 9: 2Q FY25 Financials
disht) SMART+ 2Q FY25 Financials
Slide 10: Quarterly performance metrics
Quarterly performance metrics P&L structure – 2Q FY25 Subscription revenues Subscription revenues Rs. 2,785 million Marketing and promotional 26.4% 0.9% 2.3% fees Consolidated revenues Advertisement income Operating revenues 70.4% Rs. 3,956 million Others Cost of goods & services EBITDA 18.7% Rs. 1,
Slide 11: Operating free cash flows
Operating free cash flows Operating free cash flows (Rs. mn.) 18,000 16,092 16,000 13,862 14,000 12,532 12,000 10,000 8,000 6,100 6,000 4,000 2,638 2,000 - FY20 FY21 FY22 FY23 FY24 11 Operating free cash flows: EBITDA – Box Capex
Slide 12: Summarized consolidated P&L - Quarterly
Summarized consolidated P&L - Quarterly Quarter ended Quarter ended Operating revenues break-up Rs. million September 2024 September 2023 (Rs. Mn.) Operating revenues 3,956 4,791 Subscription revenues Expenditure 2,510 2,838 37 91 Marketing and EBITDA 1,446 1,953 promotional fees Advertisement incom
Slide 13: FY24 Financials
disht) SMART+ FY24 Financials
Slide 14: Annual performance metrics
Annual performance metrics P&L structure – FY24 Subscription revenues 1.6% Subscription revenues 16.0% Rs. 14,845 million 2.4% Marketing and promotional fees Consolidated revenues Advertisement income Operating revenues Rs. 18,565 million 80.0% Others Cost of goods & services EBITDA 20.4% Rs. 7,537
Slide 15: Summarized consolidated P&L- Annual
Summarized consolidated P&L- Annual Year Year ended ended Operating revenues break-up Rs. million March 2024 March 2023 (Rs. mn.) Operating revenues 18,565 22,618 Expenditure 11,028 13,485 451 Subscription revenues 300 EBITDA 7,537 9,134 EBITDA margin (%) 40.6 40.4 2,969 Marketing and promotional fe
Slide 16: Consolidated balance sheet
Consolidated balance sheet Rs. million September 2024 (Unaudited) Equity and liabilities Equity (a) Equity share capital 1,841 (b) Other equity (29,793) (c) Non-controlling interest (1) Liabilities (1) Non-current liabilities (a) Financial liabilities (i) Borrowings - (ii) Lease liabilities 271 (iii
Slide 17: Consolidated balance sheet - assets
Rs. million September 2024 (Unaudited) Assets (1) Non-current assets (a) Property, plant & equipment 10,743 (b) Capital work in progress 3,278 (c) Goodwill 1 (d) Other intangible assets 17 (e) Intangible assets under development 747 (f) Financial assets (i) Investments - (ii) Loans - (iii) Other fin
Slide 18: Thank you
disht) SMART+ Thank you