Ht Media Limited · NSE:HTMEDIA
Ht Media — Q1 FY2021 Earnings Presentation
21 slides from Ht Media's earnings presentation, Jul 28, 2020
Slide 1: Intimation to stock exchanges on results presentation
HT MEDIA LIMITED I Regd. Office: Hindustan Times House 18·20. Kasturba Gandhi Mar9 New Delhl • 110001 Tel.: 66561234 Fax: 66561270 www .hlndustanlime's.com E•msil : c.::rpor.atedept@hlndustantlmes.eom CIN: L22121DL2002PLC117874 Ref: HTML/CS/02/2020 28 July, 2020 BSE Limited The National Stock Exchan
Slide 2: HT Media Group Q1 FY 2020-21 Consolidated Financial Results
HT MEDIA GROUP Q1 FY 2020-21 Consolidated Financial Results 1
Slide 3: Cautionary Statements
Cautionary Statements Certain statements in this presentation may be forward-looking statements. Such forward looking statements are subject to risks and uncertainties like regulatory changes, local political and economic developments, technological risks and many other factors that could cause our
Slide 4: Chairperson's Message
Chairperson’s Message “The quarter started amidst the nationwide lockdown imposed to combat the spread of the Covid-19 pandemic that severely impacted businesses across sectors. This went on to last till the end of May, although many restrictions, especially for business activities, remain in place.
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 Annexures 18 4
Slide 6: Consolidated Performance
CONSOLIDATED PERFORMANCE ENHT
Slide 7: Consolidated Financial Summary
Consolidated Financial Summary CONSOLIDATED PERFORMANCE FINANCIAL HIGHLIGHTS Particulars (Rs Cr) Q1'20 Q1'21 Change % • Total Revenue down by 59% YoY – decline was witnessed across businesses Total Revenue 588 240 (348) -59% mainly led by Volume drops EBITDA 89 (28) (117) -132% • Sharp focus on cost
Slide 8: Business Unit Performance
BUSINESS UNIT PERFORMANCE ENHT
Slide 9: Print
PRINT PRINT – ENGLISH PRINT – HINDI RADIO 8
Slide 10: Print
Print FINANCIAL PERFORMANCE Particulars (Rs Cr) Q1'20 Q1'21 Change % Ad Revenue 362 85 -277 -77% Circulation Revenue 64 41 -24 -37% Operating Revenue 454 144 -309 -68% Operating EBITDA 55 -61 -115 -211% Op EBITDA margin (%) 12% -42% KEY DRIVERS - Decline in both Commercial and Government Ad revenue
Slide 11: Print – English
PRINT PRINT – ENGLISH PRINT – HINDI RADIO 10
Slide 12: Print – English
Print – English AD REVENUE (RS CR) CIRCULATION REVENUE (RS CR) -82% -85% 198 15 36 2 Q1'20 Q1'21 Q1'20 Q1'21 REVENUE DRIVERS + Significant improvement in Ad Volume market share + Impact on Local advertising higher than National - Ad revenue de-growth largely led by lower volumes on account of COVID-
Slide 13: Print – Hindi
PRINT PRINT – ENGLISH PRINT – HINDI RADIO 12
Slide 14: Print – Hindi
Print – Hindi AD REVENUE (RS CR) CIRCULATION REVENUE (RS CR) -70% -23% 164 50 39 49 Q1'20 Q1'21 Q1'20 Q1'21 REVENUE DRIVERS + Improved Ad volume market share across key geographies + Improvement in cover price realisation despite a challenging environment - Decline in Ad volumes as economic activity
Slide 15: Radio
PRINT PRINT – ENGLISH PRINT – HINDI RADIO 14
Slide 16: Radio
Radio FINANCIAL PERFORMANCE Particulars (Rs Cr) Q1'20 Q1'21 Change % Operating Revenue 64 8 -56 -88% Operating EBITDA 16 -31 -47 -292% Op EBITDA margin (%) 25% -389% PERFORMANCE DRIVERS - Weak Operating revenue primarily led by sector-wide volume decline post COVID-19 - Decline led by Real Estate, F
Slide 17: 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 16
Slide 18: HT Media Group contact details
HT Media Group Hindustan Times House, 2nd Floor, 18-20, Kasturba Gandhi Marg New Delhi – 110001, India Anna Abraham Amit Madaan Sankalp Raghuvanshi IR@hindustantimes.com Saket Somani Ravi Gothwal htmedia@churchgatepartners.com 17
Slide 19: Annexures
ENHT ANNEXURES 18
Slide 20: Consolidated P&L – HT Media Ltd
Consolidated P&L – HT Media Ltd Particulars (Rs Cr) Q1'20 Q1'21 YoY (%) Total Revenue 588 240 -59% Raw Materials & change in inventory 159 49 -69% Employee Cost 105 93 -12% Other expenses 235 127 -46% EBITDA1 89 -28 -132% Margin (%) 1 15% -12% PAT1 28 -56 -297% 1 Margin (%) 5% -23% 1Before Exception
Slide 21: P&L – Hindustan Media Ventures Ltd
P&L – Hindustan Media Ventures Ltd Particulars (Rs Cr) Q1'20 Q1'21 YoY (%) Operating Revenue 218 90 -59% Other Income 21 49 134% Total Revenue 239 139 -42% Raw Materials & change in inventory 83 34 -59% Employee Cost 28 37 30% Other expenses 73 46 -37% EBITDA 55 22 -60% Margin (%) 23% 16% PAT 39 10