Entertainment Network (India) Limited · NSE:ENIL
Entertainment Network (India) — Q4 FY2016 Earnings Presentation
21 slides from Entertainment Network (India)'s earnings presentation, Mar 31, 2016
Slide 1: Investor Update: Performance Review Q4 FY16
INVESTOR UPDATE PERFORMANCE REVIEW: Q4 FY16 March 31, 2016 1
Slide 2: Presentation Path
Presentation Path Financial Review Business Review Strategic Direction Investors Contact 2
Slide 3: Financial Review
Financial Review 3
Slide 4: Condensed Statement Of Operations (Standalone Q4FY16)
Condensed Statement Of Operations Standalone %age of %age of Q4FY16 Q4FY15 Growth (%) Total Income Total Income Rs. In Million Income from Operations 1,368.8 93.0% 1,206.8 97.0% 13.4% Other Operating Income 103.2 7.0% 37.5 3.0% 174.8% Total Income 1,472.0 100.0% 1,244.3 100.0% 18.3% Operating Expend
Slide 5: Financial Performance Q4FY16
Financial Performance Q4FY16 (All comparisons with corresponding period of previous year) • Retained market leadership with over 30% market share • Pricing and volume led growth for Radio • Underlying EBITDA growth at 17.2%; underlying margins improve to 29.3% from 27.8% • Employee Benefit expense i
Slide 6: Condensed Statement Of Operations (Standalone FY16)
Condensed Statement Of Operations Standalone %age of %age of FY16 FY15 Growth (%) Total Income Total Income Rs. In Million Income from Operations 4,921.4 96.8% 4,331.6 98.8% 13.6% Other Operating Income 164.6 3.2% 53.1 1.2% NM Total Income 5,086.0 100.0% 4,384.7 100.0% 16.0% Operating Expenditure 3,
Slide 7: Condensed Balance Sheet (Standalone)
Condensed Balance Sheet Standalone As on %age to %age to 31-Mar-16 31-Mar-15 Rs. In Million Total Total Shareholders' Funds Capital 476.7 4.7% 476.7 7.1% Reserves and Surplus 7,211.7 70.4% 6,269.1 92.9% Net Worth 7,688.4 75.0% 6,745.8 100.0% Deferred Tax Liability (net) 55.4 0.5% - 0.0% Loan Funds F
Slide 8: Financial Performance FY16
Financial Performance FY16 (All comparisons with corresponding period of previous year) • Mirchi crosses Rs.5bn revenue in FY 2016 • Pricing led growth for Radio • Underlying EBITDA grew by 14.8%; underlying margins improve to 33.5% from 33.1% • Tax charge of Rs.481.6 million includes deferred tax c
Slide 9: Financial Performance FY16
Financial Performance FY16 (All comparisons with corresponding period of previous year) • Company made total investment of Rs.680 crores for the migration fee and Phase 3 one time entry fee • Cash & Cash Equivalent as on March 31, 2016: Rs.2075.8 million – Cash generated from operations: Rs.592.7 mi
Slide 10: Condensed Statement Of Operations (Consolidated Q4FY16)
Condensed Statement Of Operations Consolidated %age of %age of Q4FY16 Q4FY15 Growth (%) Rs. In Million Total Income Total Income Income from Operations 1,368.8 93.0% 1,206.8 97.0% 13.4% Other Operating Income 103.2 7.0% 37.5 3.0% 174.9% Total Income 1,472.0 100.0% 1,244.3 100.0% 18.3% Operating Expe
Slide 11: Condensed Statement Of Operations (Consolidated FY16)
Condensed Statement Of Operations Consolidated %age of %age of FY16 FY15 Growth (%) Rs. In Million Total Income Total Income Income from Operations 4,921.4 96.8% 4,331.6 98.8% 13.6% Other Operating Income 164.7 3.2% 53.1 1.2% 210.4% Total Income 5,086.1 100.0% 4,384.7 100.0% 16.0% Operating Expendit
Slide 12: Condensed Balance Sheet (Consolidated)
Condensed Balance Sheet Consolidated As on %age to %age to Rs. In Million 31-Mar-16 Total 31-Mar-15 Total Shareholders' Funds Capital 476.7 4.7% 476.7 7.1% Reserves and Surplus 7,212.4 70.4% 6,270.0 92.9% Net Worth 7,689.1 75.0% 6,746.7 100.0% Deferred Tax Liability (net) 55.5 0.5% - 0.0% Loan Funds
Slide 13: Business Review
Business Review PB natant tine ti
Slide 14: Radio expected to more than double in 5 years
Radio expected to more than double in 5 years… INR billion 365 286 255 181 189 60 43 45 20 24 TV Print Radio OOH Digital 2015 2016p 2017p 2018p 2019p 2020p Source: FICCI-KPMG: Indian Media and Entertainment Industry Report 2016 ..led by Phase 3 expansion 14
Slide 15: Evolution of private FM in India
Evolution of private FM in India 831 245 264 97 86 12/21 56 Late 1990's 2006-07 2015* 2015-16* Phase I Phase II Phase III - Phase III - *Proposed First Batch Balance Source: Government of India, MIB Number of cities Number of licenses 97 new frequencies auctioned in Phase 3-First Batch will help rad
Slide 16: Key Operating Highlights
Key Operating Highlights • With Phase 3 roll out, brand Mirchi will expand to 43 cities • Phase 3 expansion– Bengaluru – First in Mirchi’s second frequencies network - Mirchi 95 FM launched on May 4, 2016 with Hindi format Cochin - Mirchi 104 FM Hindi and Malayalam launched on April 17, 2016 G
Slide 17: Strategic Direction
Strategic Direction 17
Slide 18: Strategic Direction
Strategic Direction • Expand our footprint in radio broadcasting – Margin growth in existing stations – Grow radio listenership – Horizontal Expansion – 17 Additional licenses in new cities under Phase III • Position the Company to benefit from the potential presented by the regulatory reforms • Mai
Slide 19: Investor Contact
Investor Contact 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 shareh
Slide 20: 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 21: Thank You
THANK YOU 21
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