Zee Entertainment Enterprises Limited · NSE:ZEEL
Zee Entertainment Enterprises — Investor Presentation (November 2024)
22 slides from Zee Entertainment Enterprises's investor presentation, Nov 4, 2024
Slide 1: Exchange filing cover letter for investor presentation
November 4, 2024 To, The Listing Department, The Listing Department, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort Bandra-Kurla Complex, Mumbai - 400 001 Bandra (East), Mumbai- 400 051 BSE Scrip Code Equity: 505537 NSE Symbol: ZEEL
Slide 2: Investor Presentation – November 2024
Investor Presentation Zee Entertainment Enterprises Limited – November 2024
Slide 3: Disclaimer
Disclaimer Safe Harbor Statement: This Release/Communication, except for the historical information, may contain statements, including the words or phrases such as ‘expects, anticipates, intends, will, would, undertakes, aims, estimates, contemplates, seeks to, objective, goal, projects, should’ and
Slide 4: Content
M&E Industry Opportunity 4 ZEE’s Business 9 Content Financial History & Road Ahead 14 Growth Strategy 20
Slide 5: M&E Industry Opportunity
12:34 All A INDIAN NOIR (AZ Indian Noir Hubhoppe v *%24F 9 A Music Podcast eves = Natu Natu Episode 5 0 Ke RSTO) 116
Slide 6: India is a High Growth Economy with Attractive M&E Market Opportunity
India is a High Growth Economy with Attractive M&E Market Opportunity India: Robust GDP Growth M&E industry’s revenue as % of GDP (2022) 9.7% 8.2% • India is 5th largest and fastest growing 7.0% 7.0% GDP-> $3.1 Tr $3.1 Tr $25.5 Tr 6.5% economy with over 1.4 billion people 3.9% 180-190 174 • 161 Indi
Slide 7: This changing shape of the Media and Entertainment market presents numerous opportunities
This changing shape of the Media and … presents numerous opportunities to Entertainment market … media companies High demand for relevant local language content Shaping local language markets & consumer behavior across platforms TV & OTT “additive” consumption phenomena Network effect–TV & OTT inter
Slide 8: Integrated Media Company with leading Content Creation and Distribution Assets
Integrated Media Company with leading Content Creation and Distribution Assets Creating the Content … And Monetizing it… • 260K+ hours of content created in 11+ Indian languages • 490+ hours of fresh content every week • One of the leading entertainment network in India • ZEE owns all original conte
Slide 9: One of India's Largest Media & Entertainment Company
One of India’s Largest Media & Entertainment Company Key Headline KPIs 1 A diversified media and entertainment (M&E) platform with wide array of content offerings 165 Bn for viewers across segments 17.1% 4.5+ ZEE Music YouTube TV network share# ZEE5 App rating1 views2 2 Well positioned to capitalize
Slide 10: ZEE's Business
ZEE’s Business From giving India its first private satellite TV channel in 1992, to reaching 1.3 billion viewers around the world through linear and digital platforms. ZEE, today, is the global entertainment go-to, with an integrated team creating and serving extraordinary content.
Slide 11: Linear: One of India's Largest TV Entertainment Network
Linear: One of India’s Largest TV Entertainment Network 1992 Established 859mn+ Viewer (India only)1 50 # of channels (India only) Customer Offerings Through its vast Portfolios • Focus on family audience 11 # of languages (India only) • Balanced focus on localized content • Strong fiction-based ent
Slide 12: Digital: Well Positioned to Compete in India's Rapidly Growing Digital Media Space
Digital: Well Positioned to Compete in India’s Rapidly Growing Digital Media Space Investments have been peaked ZEE5 has a compelling content slate: Journey towards reduction in EBITDA losses has begun 500k+ hours of on-demand content 300+ Original Shows & Movies Q2 FY25 revenues Total Revenue (Rs M
Slide 13: Zee Music Company: 2nd Largest Music Label
Zee Music Company (ZMC) 2nd Largest Music Label with ~156 Mn Subscribers on YouTube ZMC is well positioned to capitalise the growing opportunity • More than 14,000 hours of music content • Over 156 Mn Subscribers on YouTube* • New age catalogue enabling higher consumption • Diversified library and n
Slide 14: ZEE Studios: Portfolio Approach with Strong Synergies
ZEE Studios: Portfolio Approach with Strong Synergies Strong synergies with other businesses ZEE’s Linear, digital and, music businesses are buyers of movie rights, enabling the movies business to aggregate comprehensive rights at competitive price Multi-pronged approach Production/Acquisition/Distr
Slide 15: Financial History & Road Ahead
Financial History & Road Ahead
Slide 16: ZEE Has a Proven Track Record of Delivering Consistent Growth
ZEE Has a Proven Track Record of Delivering Consistent Growth… Operating Income (in ₹ Bn) FY12-19 CAGR FY20-24 CAGR …Last few year has been impacted by Advertising: 16% Advertising: -3% Subscription: 8% Subscription: 5% • Slowdown in Ad Spending Other Sales & Services: 16% Other Sales & Services: 10
Slide 17: Slower Revenue Growth Coupled with Investments has Caused Pressure on Margins
Slower Revenue Growth Coupled with Investments has Caused Pressure on Margins… Operating Profit (in ₹ Bn) …Aspire to deliver industry-leading 32.3% 31.1% Aspire to deliver 18-20% EBITDA margin 29.9% On Track of industry-leading Margin Recovery 18-20% EBITDA margin 27.2% • Prudent investments with op
Slide 18: Making Steady Progress towards our Financial Aspirations (1/3)
Making Steady Progress towards our Financial Aspirations (1/3) Our aspiration Progress we have made Subscription Revenue • YoY growth has exceeded 9% YoY in last 3 quarters Target 8-10% overall revenue CAGR with Revenue growth current portfolio Advertising Revenue • Macro Ad environment softness has
Slide 19: Making Steady Progress on Financial Objectives (2/3)
Making Steady Progress on Financial Objectives (2/3) Our aspiration Progress we have made Overall Business EBITDA Margin • Prudent cost discipline and focused execution has enabled us 16.0% Aspire to deliver 12.8% industry-leading to clock 630 bps improvement in 10.2% 9.7% Profitability 18-20% EBITD
Slide 20: Making Steady Progress on Financial Objectives (3/3)
Making Steady Progress on Financial Objectives (3/3) Our aspiration Progress we have made Content Inventory and Content inventory Advances (Rs Bn) and advances • Content Inventory and Advances 75.2 Continue to maintain a 74.2 Healthy Balance Sheet and Continues to decline driven by Balance Sheet 70.
Slide 21: Growth Strategy
Growth Refreshing & Sharpening content offerings across Investing in high growth segments Monetisation of existing IP & Content linear and digital business Strategy • New Show Launches in • Digital (ZEE5) • Monetization avenues Hindi and language • International Business for our rich content markets
Slide 22: Thank You
Extraordinary Together
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