Ht Media Limited · NSE:HTMEDIA
Ht Media — Q1 FY2025 Earnings Presentation
23 slides from Ht Media's earnings presentation, Jul 26, 2024
Slide 1: Filing cover letter to BSE and NSE
26th July , 2024 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street Bandra-Kurla Complex, Bandra (E) Mumbai - 400 001 Mumbai - 400 051 Scrip Code: 532662 Trading Symbol: HTMEDIA Sub: Presentation on the Un-Audited Financial Resu
Slide 2: HT Media Group Q1 FY2024-25 Consolidated Results
HT MEDIA GROUP Q1 FY2024-25 Consolidated Results
Slide 3: Cautionary Statements
Cautionary Statements Certain statements in this presentation may be forward-looking. Such forward looking statements are subject to risks and uncertainties like regulatory changes, local political and economic developments, technological risks, geo-political macro changes and many other factors tha
Slide 4: Chairperson's Message
Chairperson’s Message “Overall revenue saw a decline as compared to the same period last year as National elections and the enforcement of the model code of conduct impacted government advertising volumes in the quarter. But our focused efforts on cost management and operational efficiency helped mi
Slide 5: Table of Contents
Table of Contents PARTICULARS SLIDE NO. Consolidated Performance 5 Business Unit Performance 7 Print 8 Print – English 10 Print – Hindi (HMVL) 12 Radio 14 Digital 16 Annexures 20 4
Slide 6: Consolidated Performance
CONSOLIDATED PERFORMANCE 5
Slide 7: Consolidated Financial Summary
Consolidated Financial Summary in INR crore ▪ Overall revenue decline impacting profitability for the reported quarter ▪ Company continues to maintain a robust net cash position Particulars Q1FY24 Q1FY25 YoY Q4FY24 QoQ Total Revenue 445 427 -4% 527 -19% 1 EBITDA 26 7 -72% 64 -89% EBITDA margin (%) 6
Slide 8: Business Unit Performance
BUSINESS UNIT PERFORMANCE 7
Slide 9: Print, Radio, Digital
PRINT PRINT – ENGLISH PRINT – HINDI RADIO DIGITAL 8
Slide 10: Print
Print in INR crore ▪ Print segment operating revenue dipped for the quarter as both advertising and circulation saw decline ▪ Operating profitability near break-even, with benefit in newsprint cost offsetting impact of drop in revenue Particulars Q1FY24 Q1FY25 YoY Q4FY24 QoQ Ad Revenue 244 219 -10%
Slide 11: Print – English
PRINT PRINT – ENGLISH PRINT – HINDI RADIO DIGITAL 10
Slide 12: Print – English
Print – English in INR crore ▪ Government led ad. revenue decline in the quarter, with key commercial sectors seeing y-o-y growth ▪ Drop in circulation revenue on the back of lower copies Advertisement Revenue Circulation Revenue YoY QoQ YoY QoQ -4% -7% -10% -26% 130 16 15 16 117 159 15 117 Q1FY24 Q
Slide 13: Print – Hindi
PRINT PRINT – ENGLISH PRINT – HINDI RADIO DIGITAL 12
Slide 14: Print – Hindi
Print – Hindi in INR crore ▪ Government led ad. revenue decline in the quarter, with most key commercial sectors seeing y-o-y growth ▪ Circulation revenue dropped y-o-y and remained flat sequentially Advertisement Revenue Circulation Revenue YoY QoQ YoY QoQ -11% -24% -10% 1% 45 40 40 40 115 134 102
Slide 15: Radio
PRINT PRINT – ENGLISH PRINT – HINDI RADIO DIGITAL 14
Slide 16: Radio
Radio in INR crore ▪ For the reported quarter, marginal y-o-y growth in operating revenue with op. EBITDA at break-even Particulars Q1FY24 Q1FY25 YoY Q4FY24 QoQ Operating Revenue 35 36 3% 48 -25% Operating EBITDA 2 (0) -110% 7 -104% Op EBITDA Margin (%) 7% -1% 14% 15
Slide 17: Digital
PRINT PRINT – ENGLISH PRINT – HINDI RADIO DIGITAL 16
Slide 18: Digital
Digital in INR crore ▪ Digital revenue increased on annual as well as sequential basis owing to topline improvement in key businesses ▪ Continuing loss on account of OTTplay, however, losses lower than the sequential quarter Particulars Q1FY24 Q1FY25 YoY Q4FY24 QoQ Operating Revenue 36 47 31% 43 8%
Slide 19: Q&A
Q&A 1. To ask a question, Click on “Raise Hand” 2. On your turn, click on “Unmute Myself” 3. Ask your question 18
Slide 20: HT Media Group contact details
HT Media Group Hindustan Times House, 2nd Floor, 18-20, Kasturba Gandhi Marg New Delhi – 110001, India Anna Abraham Aaditya Mulani IR@hindustantimes.com Anvita Raghuram htmedia@churchgatepartners.com 19
Slide 21: Annexures
ANNEXURES 20
Slide 22: Consolidated P&L – HT Media Ltd
Consolidated P&L – HT Media Ltd in INR crore Particulars Q1FY24 Q1FY25 YoY Q4FY24 QoQ Operating Revenue 393 379 -4% 464 -18% Other Income 52 49 -6% 63 -23% Total Revenue 445 427 -4% 527 -19% Raw Materials & Change in Inventory 135 98 -27% 112 -12% Employee Cost 98 113 15% 111 2% Other expenses 186 2
Slide 23: Consolidated P&L – Hindustan Media Ventures Ltd
Consolidated P&L – Hindustan Media Ventures Ltd in INR crore Particulars Q1FY24 Q1FY25 YoY Q4FY24 QoQ Operating Revenue 169 162 -4% 188 -14% Other Income 31 27 -14% 29 -9% Total Revenue 200 189 -5% 218 -13% Raw Materials & Change in Inventory 70 50 -29% 57 -11% Employee Cost 39 46 16% 47 -2% Other e