Hindustan Media Ventures Limited · NSE:HMVL
Hindustan Media Ventures — Q4 FY2024 Earnings Presentation
25 slides from Hindustan Media Ventures's earnings presentation, May 8, 2024
Slide 1: Cover letter to stock exchanges on audited results presentation
C-164, Sector-63, Noida Dist. Gautam Budh Nagar UP - 201301 Ph. : 0120 - 4765650 E-mail : hmvlinvestor@livehindustan.com Website : www.hmvl.in CIN: L21090BR1918PLC000013 08th May, 2024 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Dalal St
Slide 2: HT Media Group Q4 & FY2023-24 Consolidated Results
HT MEDIA GROUP Q4 & FY2023-24 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 “Reflecting on the past fiscal year, your Company saw growth in revenue and marked improvement in operating profitability on the back of improved consumer spending and rising engagement. This was further supported in the last two quarters of the year by the festive season and h
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 ▪ Healthy revenue growth for the quarter. Full year revenue remains flat owing to modest growth in Print segment ▪ EBITDA improvement and margin expansion seen for the year, primarily on account of newsprint ▪ Net cash balance continues to remain at robust
Slide 8: Business Unit Performance
BUSINESS UNIT PERFORMANCE 7
Slide 9: Print
PRINT PRINT – ENGLISH PRINT – HINDI RADIO DIGITAL 8
Slide 10: Print
Print in INR crore ▪ Strong advertisement revenue for the quarter and flat for the year ▪ Significant improvement in Op. EBITDA margins for the quarter and full year Particulars Q4FY23 Q4FY24 YoY FY'23 FY'24 YoY Ad Revenue 269 293 9% 1,061 1,067 1% Circulation Revenue 60 56 -6% 236 236 0% Operating
Slide 11: Print – English
PRINT PRINT – ENGLISH PRINT – HINDI RADIO DIGITAL 10
Slide 12: Print – English
Print – English in INR crore ▪ Ad. revenue flat for the year, with growth in key sectors like Industrial, BFSI and IT; while Auto, Real Estate, and Retail remained subdued ▪ Circulation revenue improvement for the full year on the back of higher realization per copy Advertisement Revenue Circulation
Slide 13: Print – Hindi
PRINT PRINT – ENGLISH PRINT – HINDI RADIO DIGITAL 12
Slide 14: Print – Hindi
Print – Hindi in INR crore ▪ Double digit growth in ad. revenue for the quarter, with growth in most commercial sectors except Retail and Auto ▪ Decline in circulation revenue on a sequential and annual basis Advertisement Revenue Circulation Revenue YoY YoY YoY YoY +16% +2% -9% -7% 134 183 170 116
Slide 15: Radio
PRINT PRINT – ENGLISH PRINT – HINDI RADIO DIGITAL 14
Slide 16: Radio
Radio in INR crore ▪ Strong quarter for Radio, with revenue growth resulting in better op. EBITDA and margins Particulars Q4FY23 Q4FY24 YoY FY'23 FY'24 YoY Operating Revenue 36 48 31% 144 157 9% Operating EBITDA (3) 7 345% 7 13 80% Op EBITDA Margin (%) -7% 14% 5% 8% 15
Slide 17: Digital
PRINT PRINT – ENGLISH PRINT – HINDI RADIO DIGITAL 16
Slide 18: Digital
Digital in INR crore ▪ Revenue improvement in all major digital verticals. Segment loss on account of ongoing investments in OTTplay Particulars Q4FY23 Q4FY24 YoY FY'23 FY'24 YoY Operating Revenue 32 43 37% 133 154 16% Operating EBITDA (22) (40) -80% (75) (113) -51% Op EBITDA Margin (%) -71% -94% -5
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 Q4FY23 Q4FY24 YoY FY'23 FY'24 YoY Operating Revenue 441 464 5% 1,711 1,695 -1% Other Income 53 63 19% 151 191 26% Total Revenue 494 527 7% 1,862 1,886 1% Raw Materials & Change in Inventory 143 112 -22% 608 493 -19% Employee Cost 98 111 12% 39
Slide 23: Consolidated Balance Sheet – HT Media Ltd
Consolidated Balance Sheet – HT Media Ltd in INR crore As at 31 Mar'23 Particulars As at 31 Mar'24 ASSETS Non- current assets 1,311 Financial assets 981 989 Property, plant and equipment 919 419 Others 362 2,719 Total non-current assets 2,263 Current assets 157 Inventories 176 1,127 Financial assets
Slide 24: Consolidated P&L – Hindustan Media Ventures Ltd
Consolidated P&L – Hindustan Media Ventures Ltd in INR crore Particulars Q4FY23 Q4FY24 YoY FY'23 FY'24 YoY Operating Revenue 188 188 0% 713 704 -1% Other Income 29 29 2% 78 107 36% Total Revenue 217 218 0% 792 811 2% Raw Materials & Change in Inventory 70 57 -19% 314 252 -20% Employee Cost 37 47 25%
Slide 25: Consolidated Balance Sheet – Hindustan Media Ventures Ltd
Consolidated Balance Sheet – Hindustan Media Ventures Ltd in INR crore As at 31 Mar'23 Particulars As at 31 Mar'24 ASSETS Non- current assets 907 Financial assets 685 349 Property, plant and equipment 335 109 Others 124 1,365 Total non-current assets 1,144 Current assets 64 Inventories 49 687 Financ
Hindustan Media Ventures — Q4 FY2024 Earnings Presentation on 6ix