Music Broadcast Ltd. · NSE:RADIOCITY
Music Broadcast — Q4 FY21 Earnings Presentation
19 slides from Music Broadcast's earnings presentation, May 20, 2021
Slide 1: Cover letter to stock exchanges
May 20, 2021 1. National Stock Exchange of India Ltd. 2. BSE Limited Exchange Plaza, 5th Floor Corporate Relationship Department Plot No. C/1, G Block; Bandra (East) Phiroze Jeejeebhoy Towers Mumbai 400 051 Dalal Street; Fort Mumbai 400 001 NSE Scrip Code: RADIOCITY BSE Scrip Code: 540366 ISIN: INE9
Slide 2: Music Broadcast Limited Investor Presentation May 2021
Music Broadcast Limited Investor Presentation May 2021
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Music Broadcast Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any secur
Slide 4: Key Highlights
Key Highlights Radio City ▪ YoY 11% growth in volumes for Q4 FY21 ▪ Even during non-festive period, volumes in line with festive quarter -Q3FY21 ▪ Maintains its leadership position at 21%* market share in Q4FY21 as well for FY21 ▪ 43% of the total clients on the Radio platform advertised on Radio Ci
Slide 5: Continued Delivering Positive EBITDA
Continued Delivering Positive EBITDA Growth Trajectory for Q4FY21 continues despite the 2nd wave of Covid Revenue EBITDA* 9 46 41 42 5 30 0 -1 14 -11 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 4 *Includes Other Income All figures in Rs. Cr
Slide 6: Radio City Consistently Outperforming the Industry
Radio City Consistently Outperforming the Industry Q1 FY21 Radio Industry Q2 FY21 Radio Industry Q3 FY21 Radio Industry Q4 FY21 Radio Industry YTD FY21 Radio Industry Performance YoY Performance YoY Performance YoY Performance YoY Performance YoY 9% 11% 4% -2% -16% -15% -24% -24% -71% -75% Industry
Slide 7: Maintained Leadership Market Share
Maintained Leadership Market Share Radio City Peer 1 Peer 2 21% 21% 20% 21% 21% 20% 18% 18% 18% 18% 18% 19% 19% 19% 17% Q1FY21 Q2FY21 Q3FY21 Q4FY21 YTD Q1FY21 Q2FY21 Q3FY21 Q4FY21 YTD Q1FY21 Q2FY21 Q3FY21 Q4FY21 YTD Radio City is at highest Volume Market Share across all operator’s main frequencies
Slide 8: Initiatives Driving Ad-Volumes
Initiatives Driving Ad-Volumes Long Term Deals Special Days & Schemes Festive Revenues Initiatives Govt. Proactive pitches Digital First Integrations Corona Campaigns Big Ticket Content Integrations RC Bazaar Corona Campaigns Other Initiatives Corona Campaigns • New Revenue Opportunities contributed
Slide 9: Cost and Collection initiatives
Cost and Collection initiatives Operating Cost saving of Rs. 52 Cr for FY21 → 27% Cost Reduction compared to Cost Efficiency FY20 Collection of Rs. 48 Crores during the quarter of which collection from government Collection Efficiency was Rs 9 Crores Strong Liquidity Position Cash and Cash Equivalen
Slide 10: Radio Industry – Q4FY21 Category Trend
Radio Industry – Q4FY21 Category Trend Growth Categories De-Growth Categories Dotcom Real Estate Food/Soft Auto Government Finance Drinks Pharma Contribution Volume 13% 12% 11% 10% 8% 11% Growth (YOY) De-Growth (YOY) Volume Growth 22% 29% 83% 72% 69% 34% Source: Aircheck 15 Markets 9
Slide 11: Radio City Programming & Digital Performance & Initiatives
Radio City Programming & Digital Performance & Initiatives
Slide 12: Radio City Listenership trends in Mumbai, Delhi and Bengaluru
Radio City Listenership trends in Mumbai, Delhi and Bengaluru Listenership Market Share Data Mumbai Bengaluru Delhi 40.0 20.0 30.0 20.0 % Share % Share % Share 20.0 10.0 0.0 0.0 0.0 Mirchi One Radio City Mirchi One Radio City Radio Mirchi Radio One Radio City Red Big Fever Big Indigo Fever Red FM Bi
Slide 13: High Focus on Digital Integrations
High Focus on Digital Integrations Social Media Reach • Strategic integration of RC initiatives on various Social Media platforms through well know influencers & celebrities. • All RC initiatives like Dabbewalo ka Dabba Bharo, Ghar se na Niklenge, Concert from Home, AROI Research, Badal Daal Hyderab
Slide 14: Initiatives in the Quarter
Initiatives in the Quarter Association with One India RADIO CITY KAAM WAPASI for World Radio Day Radio City initiates “Kaam Wapasi” in association with Kaamwapasi.com (Lowe Lintas initiative), that leads listeners to Association with OneIndia to create a video for World Radio register for various op
Slide 15: Initiatives in the Quarter
Initiatives in the Quarter Association with Sony Liv – Association with Sony LIV for Association with Road Safety Girls Hostel 2.0 Gullak Season 2 World Series Strategic deal with Girls Hostel 2.0 on Sony Liv. We Strategic deal with Gullak Season 2 on Sony Liv. We Association with India team of Road
Slide 16: Profit and Loss Statement
Profit and Loss Statement In Rs. Crs Q4FY21 Q4FY20 YoY Q3FY21 QoQ FY21 FY20 YoY Revenue 42.5 45.9 -7% 40.7 4% 127.6 247.8 -49% Other Income 2.3 3.9 5.0 14.9 16.3 Licenses Fees 4.8 4.8 4.7 18.6 19.7 Employee Expenses 12.2 12.4 12.2 47.4 55.4 Other Expenses 22.6 34.0 19.6 72.8 115.6 EBITDA 5.2 -1.4 NA
Slide 17: Balance Sheet
Balance Sheet Assets (In Rs. Crs) Mar-21 Mar-20 Equity and Liabilities (In Rs. Crs) Mar-21 Mar-20 Total Non-Current Assets 364.8 339.0 Shareholders Fund 609.8 631.8 Fixed Assets 282.9 309.1 Share Capital 69.1 69.1 Property, plant and equipment 67.8 73.6 Other Equity 540.6 562.7 Intangible Assets 193
Slide 18: Cash Flow Statement
Cash Flow Statement In Rs. Crs Year ended 31-Mar-21 Year ended 31-Mar-20 Profit before tax -32.8 28.9 Adjustments 25.3 33.9 Operating Profit Before Working Capital Changes -7.5 62.8 Change in operating assets and liabilities 14.9 -2.5 Cash generated from operations 7.4 60.3 Income taxes paid -2.0 -1
Slide 19: Contact Us
CIN: L64200MH1999PLC137729 Ms. Sangeetha Kabadi Email : sangeethak@myradiocity.com Mr. Jimmy Oza Email: jimmyo@myradiocity.com www.radiocity.in Contact Us CIN: U74140MH2010PTC204285 Mr. Jigar Kavaiya Email : jigar.kavaiya@sgapl.net www.sgapl.net