Entertainment Network (India) Limited · NSE:ENIL
Entertainment Network (India) — Q2 FY2007 Earnings Presentation
17 slides from Entertainment Network (India)'s earnings presentation, Nov 1, 2006
Slide 1: Investor Update Performance Review: Q2 FY07
INVESTOR UPDATE PERFORMANCE REVIEW:Q2 FY07 November 1, 2006 1
Slide 2: Index
INDEX • The Company • Q2FY2007 Performance Overview • Key Operating Highlights • Condensed Statement Of Operations • Financial Overview • Future Outlook and Strategy • Investor Communication 2
Slide 3: The Company
THE COMPANY Entertainment Network (India) Limited (ENIL) is India's first pure play radio broadcasting company to go public and is listed on the BSE and NSE. Incorporated in June, 1999, ENIL currently operates FM radio broadcasting stations in ten cities under the brand Radio Mirchi. ENIL is the lar
Slide 4: Q2FY2007 Performance Overview
Q2FY2007 PERFORMANCE OVERVIEW (All comparisons with Q2FY2006) As reported, (including 3 new stations): The Company reports Total Income of Rs.424.0 million, growth of 48.8% Earnings before Interest, Tax, Depreciation and Amortisation (EBITDA) stood at Rs.98.9 million, up 17.6% EBITDA margin stood at
Slide 5: Q2FY2007 Performance Overview (Cont'd)
Q2FY2007 PERFORMANCE OVERVIEW (Cont’d…) (All comparisons with Q2FY2006) On a like basis (excluding 3 new stations): Total Income of Rs.346.9 million, growth of 21.8% EBITDA stood at Rs.102.9 million, up 22.4% EBITDA margin grew from 29.5% to 29.7% 5
Slide 6: Key Operating Highlights
KEY OPERATING HIGHLIGHTS Further Consolidates leadership position According to data based on Indian Listenership Track (ILT – Wave 9), an independent research conducted by MRUC, for the period July - September 9, 2006, Radio Mirchi enjoyed the highest daily listenership of 4.46 million in Delhi out
Slide 7: Key Operating Highlights: #1 in Listenership
KEY OPERATING HIGHLIGHTS (Cont’d…) #1 in Listenership Listnership in Mumbai Listnership in Delhi Million Million 3.0 5.0 4.46 2.21 4.0 3.68 2.05 2.0 1.90 1.73 1.58 3.0 2.24 1.20 2.03 0.94 2.0 1.73 1.0 1.35 1.0 0.25 0.0 0.0 Radio Mirchi Radio City Red FM Go / Radio one Radio Mirchi Radio City Red FM
Slide 8: Key Operating Highlights: Price Increases and Content Innovation
KEY OPERATING HIGHLIGHTS (Cont’d…) Increases prices across all stations In September 2006, before the start of festive season in India, ENIL announced an increase in spot prices ranging between 10% for the 3 new stations and 25% for the 7 existing stations Leads content innovation ENIL launched Visu
Slide 9: Key Operating Highlights – TIMPL
KEY OPERATING HIGHLIGHTS – TIMPL Times OOH Media Installed its 2nd LED screen at Delhi – Noida Flyway, New Delhi Testing is completed, Billing commences from November 1, 2006 Commercial operation of Patel Bridge, acquired in Q1FY07, started from July 1, 2006 9
Slide 10: Condensed Statement of Operations
CONDENSED STATEMENT OF OPERATIONS Q2 FY07 YoY H1 FY07 YoY (Rs. Million) Growth (%) Growth (%) Airtime Sales 410.6 48.6% 752.3 55.5% Other Income 13.4 55.4% 26.6 144.5% Total Income 424.0 48.8% 778.9 57.5% Operating Expenditures 325.1 61.9% 620.4 77.0% EBITDA 98.9 17.6% 158.5 9.9% Margin (%) 23.3% 20
Slide 11: Financial Overview
FINANCIAL OVERVIEW Operating Revenues: Airtime sales for the quarter increased by 48.6% (YoY) to Rs.410.6 million. On like basis airtime sales grew by 21.0% (YoY) Airtime sales for the half year increased by 55.5% (YoY) to Rs.410.6 million. On like basis it grew by 31.4% (YoY) This growth was driven
Slide 12: Financial Overview (Cont'd)
FINANCIAL OVERVIEW (Cont’d…) Earnings Before Interest, Tax, Depreciation and Amortizations (EBITDA) : EBITDA for the quarter increased by 17.6% (YoY) to Rs.98.9 million. On like basis EBITDA grew by 22.4% (YoY) For the half year EBITDA increased by 9.9% (YoY) to Rs.158.5 million. On like basis it gr
Slide 13: Future Outlook and Strategy
FUTURE OUTLOOK AND STRATEGY Revenue continues to grow at strong growth rates for both existing and new stations The Company has taken price increase in September 2006, impact will be seen in coming quarters The long-term operating and financial performance outlook is encouraging as FM radio industry
Slide 14: Future Outlook and Strategy
FUTURE OUTLOOK AND STRATEGY Expand our footprint in radio broadcasting – Rapid roll-out of 22 new stations – Explore opportunities in international markets Maintain market leadership in fast growing radio industry – Development of listenership research standards and methodology; larger geographic co
Slide 15: Investor Communication
INVESTOR COMMUNICATION Entertainment Network is committed to improving its performance every fiscal and continuously enhance shareholder value through successful implementation of its growth plans. The company’s investor relations mission is to maintain an ongoing awareness of its performance among
Slide 16: Disclaimer
DISCLAIMER Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties rela
Slide 17: Thank You
THANK YOU 17
Entertainment Network (India) — Q2 FY2007 Earnings Presentation on 6ix