Saregama India Limited · NSE:SAREGAMA
Saregama India — Q2 FY19 Earnings Presentation
23 slides from Saregama India's earnings presentation
Slide 1: Saregama India Limited Q2-FY18 Earnings Presentation
SAREGAMA INDIA LIMITED Q2-FY18 EARNINGS PRESENTATION
Slide 2: The Perfect Gift for Your Loved Ones
THE PERFECT GIFT FOR YOUR LOVED ONES
Slide 3: Snapshot
Snapshot India’s oldest music label and High Dividend Yield and a Zero Strong and professional youngest film production house Debt Company management team with experienced stalwarts from the entertainment industry Owning Intellectual Property (IP) India’s first song was recorded in Digital licensing
Slide 4: Company Overview
Company Overview Consolidated Revenues • Saregama India Ltd., an RP Sanjiv Goenka Group Company, is India's oldest music label, youngest (INR Mn) film studio and a multi-language TV content producer. Over the years, the Company has 3,566 expanded its business from audio to home video, publishing, di
Slide 5: Strategic Overview
Strategic Overview Saregama’s longlong Saregama’s term strategy term strategy: To bebea aPure is to purePlay play Content Company content company capitalising capitalising ondata on the the boom globalglobally data boom Diversified monetisation Higher monetisation of Existing of Existing IP fund IP
Slide 6: Business Verticals
Business Verticals Saregama is the pioneer of the Indian music industry and has evolved into a premier diversified content player with Intellectual property rights of songs, TV serials, movies having presence across platforms like television, radio, digital, telecom, etc. Business Verticals Music Se
Slide 7: Financial Highlights
Financial Highlights
Slide 8: Financial Summary
Financial Summary Particulars (INR Mn) Q2-FY19 Q1-FY 19* Q-o-Q Growth Q2-FY18 Y-o-Y Growth Revenues • Music 1264 997 27% 732 73% • TV & Films 120 116 4% 113 6% Total Revenue from Operations 1384 1113 24% 845 64% PBT without SAR Provision 206 144 43% 114 81% PBT after SAR Provision 233 138 69% 90 159
Slide 9: Financial Performance - Quarter
Financial Performance - Quarter Q-o-Q Particulars (INR Mn) Q2-FY19 Q1-FY19 Q2-FY18 Y-o-Y Growth Growth Revenue from Operations 1384 1113 24% 845 64% Other Income* 23 431 -95% 33 -30% Total Revenue 1407 1544 -9% 878 60% Total Expenses* 1175 1376 -15% 746 58% EBITDA without SAR 232 168 38% 132 76% EBI
Slide 10: Financial Performance – Half Year
Financial Performance – Half Year H1-FY19 Y-o-Y Particulars (INR Mn) H1-FY18 Growth Revenue from Operations 2497 1465 70% Other Income 454 53 757% Total Revenue 2951 1518 94% Total Expenses 2552 1293 97% EBITDA without SAR 399 225 77% EBITDA Margin (%) 16% 15% Depreciation 17 19 -11% Finance Cost 32
Slide 11: Balance Sheet
Balance Sheet As at 30-Sep- As at 31-Mar- As at 30-Sep- As at 31-Mar- Equity and Liabilities (INR Mn) Assets (INR Mn) 2018 (Unaudited) 2018 (Audited) 2018 (Unaudited) 2018 (Audited) Shareholders Fund Non Current Fixed Assets (a) Equity Share Capital 174 174 (a) Property, Plant and Equipment 2058 188
Slide 12: FY19 Operational Highlights
FY19 Operational Highlights
Slide 13: Music Segment Operational Highlights
Music Segment Operational Highlights Q2-FY19 Operational Highlights: Carvaan Sales (units ‘000s) 229 Carvaan growth story continues with 229K units sold in Q2-FY19 a jump of 3K new billing dealers added in Q2 164 total 15.5K dealers. 40% over previous quarter. 146 132 95 Gross margin maintained at 2
Slide 14: Music Segment Operational Highlights 28% YoY in B2B Revenues
Music Segment Operational Highlights Q2-FY19 Operational Highlights: Number of OTT Streams (Mn) 1003 28% YoY in B2B Revenues 567 670 724 872 503 487 Fueled by growing market share in OTT business, impact of new movie song releases and higher publishing deal renewals Q4-FY17 Q1-FY18 Q2-FY18 Q3-FY18 Q
Slide 15: Films & TV Segment Operational Highlights
Films & TV Segment Operational Highlights Films & TV Segment Revenue ( Rs Mn) Q2-FY19 Operational Highlights: 165 Films (Yoodlee) Television Business 137 116 121 113 114 • Brij Mohan Amar Rahein: • New show Roja becomes top rated o Releasesd as a Netflix original film show in the afternoon band • Ku
Slide 16: Financial Overview
FINANCIAL OVERVIEW
Slide 17: Standalone Income Statement
Standalone Income Statement Particulars (INR Mn) FY16 FY17 FY18 Revenue from Operations 2,148 2,081 3,456 Other Income 99 159 142 Total Revenue 2,247 2,240 3,598 Total Expenses 1,997 2,003 3,115 EBITDA 250 237 483 EBITDA Margin (%) 11.13% 10.58% 13.42% Depreciation 53 41 38 Finance Cost 3 23 34 PBT
Slide 18: Standalone Balance Sheet
Standalone Balance Sheet Equity and Liabilities (INR Mn) FY17 FY18 Assets (INR Mn) FY17 FY18 Shareholders Fund Non Current Fixed Assets (a) Equity Share Capital 174 174 1,893 1,881 3,236 3,647 (a) Property, Plant and Equipment (b) Other Equity (b) Investment Properties 25 24 Net worth 3,410 3,821 (c
Slide 19: Consolidated Income Statement
Consolidated Income Statement Particulars (INR Mn) FY16 FY17 FY18 Revenue from Operations 2,217 2,185 3,566 Other Income 122 133 102 Total Revenue 2,339 2,318 3,668 Total Expenses 2,073 2,091 3,203 EBITDA 266 227 465 EBITDA Margin (%) 11.37% 9.79% 12.68% Depreciation 54 44 42 Finance Cost 5 24 34 PB
Slide 20: Consolidated Balance Sheet
Consolidated Balance Sheet Equity and Liabilities (INR Mn) FY17 FY18 Assets (INR Mn) FY17 FY18 Shareholders Fund Non Current Fixed Assets (a) Equity Share Capital 174 174 (a) Property, Plant and Equipment 1,897 1,884 (b) Other Equity 3,223 3,643 (b) Investment Properties 25 24 Net worth 3,397 3,817
Slide 21: Financial Charts (Consolidated)
Financial Charts (Consolidated) Total Revenue (INR Mn) EBITDA and EBITDA Margin (%) PAT and PAT Margin (%) 12.68% 11.37% 7.72% 9.79% 3.71% 2.95% 2,339 2,318 3,668 266 227 465 69 86 283 FY16 FY17 FY18 FY16 FY17 FY18 FY16 FY17 FY18 EBITDA EBITDA Margin (%) PAT PAT Margin (%) Diluted EPS Net Debt to Eq
Slide 22: 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
Slide 23: Thank You
Ja re gamal soul of India THANK YOU